Zscaler, Inc. - Common Stock (ZS) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2018 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
ZS on Nasdaq
Shares outstanding
158,326,435
Price per share
$224.92
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
81,638,894
Total reported value
$24,454,008,591
% of total 13F portfolios
0.02%
Share change
-1,564,365
Value change
-$488,931,493
Number of holders
895
Price from insider filings
$224.92
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Zscaler, Inc. - Common Stock (ZS) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 7.2% $3,406,486,335 11,367,838 The Vanguard Group 30 Sep 2025

As of 30 Sep 2025, 895 institutional investors reported holding 81,638,894 shares of Zscaler, Inc. - Common Stock (ZS). This represents 52% of the company’s total 158,326,435 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Zscaler, Inc. - Common Stock (ZS) together control 34% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 7.2% 11,367,903 +6.1% 0.05% $3,406,505,813
BlackRock, Inc. 4.9% 7,791,752 +5.8% 0.04% $2,334,876,443
FMR LLC 2.5% 4,034,045 +15% 0.06% $1,208,841,839
AMERICAN CENTURY COMPANIES INC 1.5% 2,418,950 -11% 0.37% $724,862,557
STATE STREET CORP 1.4% 2,259,804 +4.5% 0.02% $677,172,867
T. Rowe Price Investment Management, Inc. 1.4% 2,257,500 -0.89% 0.41% $676,483,000
FIRST TRUST ADVISORS LP 1.4% 2,228,134 +9.5% 0.5% $667,682,352
GEODE CAPITAL MANAGEMENT, LLC 1.2% 1,971,490 +5.6% 0.04% $589,731,298
AQR CAPITAL MANAGEMENT LLC 1.2% 1,941,571 +62% 0.37% $576,083,446
GOLDMAN SACHS GROUP INC 1.2% 1,830,099 +4.1% 0.08% $548,407,371
PRICE T ROWE ASSOCIATES INC /MD/ 1.1% 1,794,944 +150% 0.06% $537,874,000
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC 1.1% 1,684,545 -30% 0.11% $504,790,754
TIGER GLOBAL MANAGEMENT LLC 1.1% 1,683,266 0% 1.6% $504,407,490
Invesco Ltd. 0.82% 1,290,965 +4.6% 0.06% $386,850,537
FEDERATED HERMES, INC. 0.81% 1,281,671 +9.4% 0.68% $384,065,532
MORGAN STANLEY 0.78% 1,242,142 -11% 0.02% $372,221,156
D. E. Shaw & Co., Inc. 0.78% 1,236,845 -34% 0.3% $370,632,972
Pictet Asset Management Holding SA 0.61% 967,496 -13% 0.28% $289,859,394
Voya Investment Management LLC 0.57% 897,246 -2.3% 0.27% $268,868,736
Amundi 0.45% 706,722 -6.4% 0.07% $215,719,824
NORTHERN TRUST CORP 0.42% 669,046 +4% 0.03% $200,486,323
BARCLAYS PLC 0.4% 639,946 +83% 0.07% $191,766,220
TWO SIGMA ADVISERS, LP 0.38% 604,100 -48% 0.36% $181,024,606
Legal & General Group Plc 0.37% 590,290 -2.9% 0.04% $176,886,303
DEUTSCHE BANK AG\ 0.37% 578,353 +38% 0.06% $173,309,260

Institutional Holders of Zscaler, Inc. - Common Stock (ZS) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,130,833 $254,285,440 -$13,284,625 $224.92 94
2025 Q3 81,638,894 $24,454,008,591 -$488,931,493 $299.66 895
2025 Q2 83,161,166 $26,089,553,360 -$24,406,396 $313.94 895
2025 Q1 83,636,862 $16,582,128,877 +$1,660,300,501 $198.42 751
2024 Q4 75,171,455 $13,568,601,632 +$380,771,736 $180.41 735
2024 Q3 72,819,555 $12,476,873,889 +$491,252,011 $170.94 682
2024 Q2 69,938,425 $13,442,253,104 -$21,883,277 $192.19 708
2024 Q1 69,895,729 $13,454,425,333 +$308,601,257 $192.63 719
2023 Q4 1,782,516 $394,971,992 -$405,086,159 $221.56 15
2023 Q3 64,863,813 $10,094,082,791 -$285,847,921 $155.59 593
2023 Q2 66,459,569 $9,724,202,962 +$151,891,369 $146.30 566
2023 Q1 67,082,690 $7,831,712,583 +$32,455,662 $116.83 545
2022 Q4 66,825,855 $7,475,594,125 -$41,214,155 $111.90 534
2022 Q3 65,810,932 $10,829,526,497 +$246,816,444 $164.37 570
2022 Q2 64,587,240 $9,671,556,587 +$218,842,567 $149.51 556
2022 Q1 62,769,932 $15,117,422,456 -$281,103,690 $241.28 606
2021 Q4 62,759,485 $20,162,833,440 +$856,988,443 $321.33 629
2021 Q3 60,930,557 $15,975,149,486 +$197,674,156 $262.22 581
2021 Q2 58,592,539 $12,660,570,308 +$978,380,154 $216.06 527
2021 Q1 55,173,841 $9,472,868,989 -$220,440,001 $171.67 519
2020 Q4 56,082,987 $11,200,166,777 +$212,059,346 $199.71 494
2020 Q3 53,992,469 $7,596,022,592 -$1,791,835 $140.69 396
2020 Q2 54,479,104 $5,976,026,048 +$297,479,109 $109.50 354
2020 Q1 53,035,614 $3,226,849,333 +$117,908,662 $60.86 261
2019 Q4 50,976,982 $2,370,506,424 +$175,977,392 $46.50 236
2019 Q3 41,688,864 $1,969,960,918 +$82,344,405 $47.26 231
2019 Q2 42,644,522 $3,269,715,101 +$157,656,352 $76.64 266
2019 Q1 42,373,362 $3,004,505,749 +$356,026,543 $70.93 198
2018 Q4 38,239,012 $1,498,637,908 +$265,367,360 $39.21 142
2018 Q3 31,215,167 $1,272,967,668 +$91,040,241 $40.78 144
2018 Q2 30,012,369 $1,072,938,546 +$235,011,594 $35.75 102
2018 Q1 24,016,986 $674,159,724 +$673,541,122 $28.07 86