ZS
Zscaler, Inc. · Technology · Software - Infrastructure
Momentum inputs (comparable managers):
holder breadth -0.7% ·
share flow -11.9% ·
net new positions 0.0%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 152 | -1 | 60.59M | $8.55B | +8 | −8 |
| Q1 2026 | 155 | -10 | 69.07M | $9.69B | +3 | −14 |
| Q4 2025 | 164 | -1 | 75.91M | $17.07B | +1 | −1 |
| Q3 2025 | 23 | +2 | 39.54M | $11.84B | +2 | −1 |
| Q2 2025 | 19 | 0 | 34.68M | $10.88B | — | — |
| Q1 2025 | 16 | 0 | 11.18M | $2.21B | +1 | −1 |
| Q4 2024 | 16 | -2 | 10.00M | $1.80B | +1 | −3 |
| Q3 2024 | 17 | +2 | 6.99M | $1.19B | +2 | — |
| Q2 2024 | 15 | — | 6.72M | $1.29B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 9.89M | +15.4% | $1.40B | 0.0% | ▲ Add | 5 | SEC ↗ ×21 |
| 2 | Vanguard Capital Management Llc | 4.72M | +1.3% | $666.42M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | First Trust Advisors Lp | 3.53M | +0.3% | $498.15M | 0.3% | ▲ Add | 3 | SEC ↗ |
| 4 | Goldman Sachs Group ✦ | 3.16M | +8.1% | $446.25M | 0.0% | ▲ Add | 4 | SEC ↗ ×6 |
| 5 | State Street Global Advisors ✦ (passive) | 2.49M | +4.6% | $351.98M | 0.0% | ▲ Add | 7 | SEC ↗ |
| 6 | Pictet Asset Management Holding SA | 2.10M | +9.6% | $296.89M | 0.3% | ▲ Add | 3 | SEC ↗ |
| 7 | Geode Capital Management ✦ (passive) | 2.09M | +0.2% | $294.32M | 0.0% | ▲ Add | 9 | SEC ↗ ×2 |
| 8 | UBS AM, a distinct business unit of… | 1.73M | -11.9% | $244.36M | 0.0% | ▼ Trim | 3 | SEC ↗ ×11 |
| 9 | Victory Capital Management Inc | 1.68M | +7.7% | $236.43M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 10 | AQR Capital Management ✦ | 1.36M | +34.2% | $192.43M | 0.1% | ▲ Add | 9 | SEC ↗ ×5 |
| 11 | Amundi | 1.14M | +12.8% | $160.61M | 0.0% | ▲ Add | 3 | SEC ↗ ×6 |
| 12 | Morgan Stanley ✦ | 1.14M | -11.3% | $160.45M | 0.0% | ▼ Trim | 4 | SEC ↗ ×18 |
| 13 | Millennium Management ✦ | 1.13M | +237.3% | $159.46M | 0.1% | ▲ Add | 9 | SEC ↗ |
| 14 | Wellington Management ✦ | 1.10M | +23.5% | $155.72M | 0.0% | ▲ Add | 9 | SEC ↗ ×6 |
| 15 | Citadel Advisors ✦ | 1.01M | +97.4% | $142.36M | 0.1% | ▲ Add | 9 | SEC ↗ ×2 |
| 16 | Barclays Plc | 951.60K | +42.2% | $134.32M | 0.0% | ▲ Add | 3 | SEC ↗ ×3 |
| 17 | American Century Companies Inc | 866.49K | -63.7% | $122.31M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 18 | UBS Group AG | 844.46K | -40.2% | $119.20M | 0.0% | ▼ Trim | 3 | SEC ↗ ×4 |
| 19 | Bnp Paribas Financial Markets | 788.39K | +81.7% | $111.28M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 20 | Squarepoint Ops LLC | 770.24K | +13.8% | $108.72M | 0.2% | ▲ Add | 3 | SEC ↗ |
| 21 | Citigroup Inc | 759.99K | +42.8% | $107.27M | 0.1% | ▲ Add | 3 | SEC ↗ ×3 |
| 22 | Connor, Clark & Lunn Investment… | 724.56K | +410.6% | $102.27M | 0.2% | ▲ Add | 2 | SEC ↗ ×2 |
| 23 | Northern Trust Corp | 708.47K | +2.9% | $100.00M | 0.0% | ▲ Add | 3 | SEC ↗ ×7 |
| 24 | T. Rowe Price ✦ | 643.93K | -63.2% | $90.89M | 0.0% | ▼ Trim | 9 | SEC ↗ ×2 |
| 25 | MIRAE ASSET GLOBAL ETFS HOLDINGS… | 636.79K | +25.4% | $89.77M | 0.1% | ▲ Add | 3 | SEC ↗ ×3 |
| 26 | Legal & General Group Plc | 635.77K | +1.5% | $89.74M | 0.0% | ▲ Add | 3 | SEC ↗ ×3 |
| 27 | Charles Schwab Investment… | 582.76K | +13.8% | $82.26M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 28 | Hrt Financial Lp | 580.60K | +418.9% | $81.95M | 0.1% | ▲ Add | 3 | SEC ↗ ×2 |
| 29 | Susquehanna International Group, Llp | 552.06K | +129.7% | $77.92M | 0.1% | ▲ Add | 3 | SEC ↗ ×3 |
| 30 | Bank of New York Mellon Corp | 470.47K | -4.9% | $66.41M | 0.0% | ▼ Trim | 3 | SEC ↗ ×12 |
| 31 | Pacer Advisors, Inc. | 467.66K | +410.6% | $66.01M | 0.2% | ▲ Add | 3 | SEC ↗ |
| 32 | Bank Of America Corp /De/ | 444.11K | -43.0% | $62.69M | 0.0% | ▼ Trim | 3 | SEC ↗ ×5 |
| 33 | Norges Bank ✦ (passive) | 411.22K | New | $58.04M | 0.0% | New | 1 | SEC ↗ |
| 34 | JPMorgan Chase ✦ | 396.91K | +19.9% | $54.62M | 0.0% | ▲ Add | 4 | SEC ↗ ×16 |
| 35 | Assenagon Asset Management S.A. | 386.59K | +113.2% | $54.57M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 36 | Deutsche Bank Ag\ | 382.18K | -9.4% | $53.95M | 0.0% | ▼ Trim | 3 | SEC ↗ ×7 |
| 37 | Voya Investment Management Llc | 368.16K | +4.0% | $51.97M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 38 | Fidelity (FMR) ✦ | 350.83K | -84.0% | $49.52M | 0.0% | ▼ Trim | 5 | SEC ↗ ×4 |
| 39 | Ameriprise Financial Inc | 340.51K | -13.3% | $48.06M | 0.0% | ▼ Trim | 3 | SEC ↗ ×5 |
| 40 | Creative Planning | 324.92K | +102.4% | $45.86M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 41 | Swiss National Bank | 294.80K | -3.1% | $41.61M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 42 | Nuveen, LLC | 276.69K | -22.8% | $39.05M | 0.0% | ▼ Trim | 3 | SEC ↗ ×3 |
| 43 | D. E. Shaw & Co. ✦ | 257.00K | +276.9% | $36.28M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 44 | Bank Of Nova Scotia | 253.50K | +1172.9% | $35.78M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 45 | Bank Of Montreal /Can/ | 241.61K | -3.7% | $34.10M | 0.0% | ▼ Trim | 3 | SEC ↗ ×9 |
| 46 | Dimensional Fund Advisors Lp | 226.74K | -7.0% | $31.99M | 0.0% | ▼ Trim | 3 | SEC ↗ ×5 |
| 47 | Caisse De Depot Et Placement Du… | 220.62K | New | $31.14M | 0.0% | New | 1 | SEC ↗ |
| 48 | Sumitomo Mitsui Trust Group, Inc. | 210.88K | -12.1% | $29.77M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 49 | Man Group plc | 208.85K | +17.9% | $29.48M | 0.1% | ▲ Add | 3 | SEC ↗ ×3 |
| 50 | Neuberger Berman Group LLC | 196.40K | -9.3% | $27.72M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 51 | Robeco Institutional Asset… | 189.99K | +9.2% | $26.82M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 52 | Balyasny Asset Management L.P. | 183.97K | New | $25.97M | 0.0% | New | 1 | SEC ↗ |
| 53 | Canada Pension Plan Investment Board | 183.22K | -53.8% | $25.86M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 54 | Russell Investments Group, Ltd. | 165.51K | +64.7% | $23.28M | 0.0% | ▲ Add | 3 | SEC ↗ ×15 |
| 55 | Stifel Financial Corp | 163.77K | -1.1% | $23.12M | 0.0% | ▼ Trim | 3 | SEC ↗ ×3 |
| 56 | Optiver Holding B.V. | 162.28K | +2416.8% | $22.91M | 0.3% | ▲ Add | 3 | SEC ↗ |
| 57 | Zurcher Kantonalbank (Zurich… | 161.88K | +0.1% | $22.85M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 58 | Ensign Peak Advisors, Inc | 151.67K | -45.0% | $21.41M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 59 | LPL Financial LLC | 151.27K | +27.6% | $21.35M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 60 | CIBC Bancorp USA Inc. | 147.98K | +5.9% | $20.90M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 61 | Wells Fargo & Company/Mn | 146.23K | -28.1% | $20.64M | 0.0% | ▼ Trim | 3 | SEC ↗ ×4 |
| 62 | Bamco Inc /Ny/ | 140.95K | -18.5% | $19.90M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 63 | BNP Paribas Asset Management… | 140.35K | -15.9% | $19.81M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 64 | Invesco Ltd. | 139.42K | -96.8% | $19.68M | 0.0% | ▼ Trim | 3 | SEC ↗ ×10 |
| 65 | California Public Employees… | 132.49K | -21.1% | $18.70M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 66 | Rhumbline Advisers | 128.50K | -21.2% | $18.14M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 67 | Mitsubishi UFJ Asset Management… | 127.03K | -1.8% | $17.93M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 68 | Schroder Investment Management Group | 123.42K | -25.9% | $17.42M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 69 | Asset Management One Co., Ltd. | 108.75K | +7.9% | $15.35M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 70 | Universal- Beteiligungs- und… | 104.36K | +0.2% | $14.76M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 71 | Hsbc Holdings Plc | 101.41K | -5.8% | $14.30M | 0.0% | ▼ Trim | 3 | SEC ↗ ×5 |
| 72 | Fisher Asset Management ✦ | 99.71K | -1.9% | $14.07M | 0.0% | ▼ Trim | 9 | SEC ↗ |
| 73 | Aviva Plc | 91.22K | +4.7% | $12.88M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 74 | State Board Of Administration Of… | 88.08K | -0.2% | $12.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 75 | Royal Bank Of Canada | 87.98K | -53.5% | $12.42M | 0.0% | ▼ Trim | 3 | SEC ↗ ×10 |
| 76 | Quantinno Capital Management LP | 83.18K | +65.5% | $11.74M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 77 | Raymond James Financial Inc | 79.37K | -71.2% | $11.20M | 0.0% | ▼ Trim | 3 | SEC ↗ ×4 |
| 78 | Aberdeen Group plc | 71.34K | +6.1% | $10.07M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 79 | Credit Agricole S A | 66.66K | -41.7% | $9.41M | 0.0% | ▼ Trim | 3 | SEC ↗ ×3 |
| 80 | Td Asset Management Inc | 61.89K | -70.1% | $8.74M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 81 | Commonwealth Equity Services, Llc | 60.20K | -2.0% | $8.50M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 82 | New York State Common Retirement… | 58.77K | +9.5% | $8.30M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 83 | Nordea Investment Management Ab | 57.63K | -17.8% | $8.06M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 84 | Danske Bank A/S | 56.31K | +0.8% | $7.95M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 85 | Mitsubishi UFJ Trust & Banking Corp | 56.14K | -7.5% | $7.92M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 86 | Sei Investments Co | 55.40K | -45.5% | $7.82M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 87 | HighTower Advisors, LLC | 55.02K | -2.4% | $7.77M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 88 | Envestnet Asset Management Inc | 54.48K | +7.7% | $7.69M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 89 | State Of Wisconsin Investment Board | 54.25K | +0.4% | $7.66M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 90 | Mml Investors Services, Llc | 52.45K | +27.7% | $7.40M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 91 | Royal London Asset Management Ltd | 51.77K | -0.6% | $7.31M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 92 | Healthcare Of Ontario Pension Plan… | 49.00K | -71.5% | $6.92M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 93 | Nomura Asset Management Co Ltd | 45.76K | -71.0% | $6.46M | 0.0% | ▼ Trim | 3 | SEC ↗ ×3 |
| 94 | IMC-Chicago, LLC | 45.27K | -15.5% | $6.39M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 95 | Cetera Investment Advisers | 44.70K | +18.5% | $6.31M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 96 | Tudor Investment Corp Et Al | 43.36K | New | $6.12M | 0.0% | New | 1 | SEC ↗ |
| 97 | Alliancebernstein L.P. | 42.44K | -0.9% | $5.95M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 98 | Korea Investment CORP | 40.57K | -52.7% | $5.73M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 99 | Osaic Holdings, Inc. | 37.91K | -3.1% | $5.35M | 0.0% | ▼ Trim | 3 | SEC ↗ ×4 |
| 100 | DZ BANK AG Deutsche Zentral… | 37.73K | -44.8% | $5.32M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Norges Bank | $58.04M | 0.0% |
| Caisse De Depot Et Placement… | $31.14M | 0.0% |
| Balyasny Asset Management L.P. | $25.97M | 0.0% |
| Tudor Investment Corp Et Al | $6.12M | 0.0% |
Exited
| Tiger Global Management | $221.63M | was 1.0% |
| Artisan Partners Limited… | $54.04M | was 0.1% |
| Arrowstreet Capital | $40.78M | was 0.0% |
| Federated Hermes, Inc. | $18.30M | was 0.0% |
| Focus Partners Wealth | $9.10M | was 0.0% |
| Peak6 Llc | $8.33M | was 0.2% |
| Rakuten Investment… | $4.97M | was 0.0% |
| Kayne Anderson Rudnick… | $72,345 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 740 holders, 85.50M shares, $11.30B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 3 sh · $623
Officer · 100 sh · $19,476
Officer · 189 sh · $36,977
Officer · 118 sh · $23,196
Officer · 3 sh · $592
Officer · 9 sh · $1,797
Officer · 20 sh · $4,022
Officer · 5 sh · $1,010
Officer · 36 sh · $7,313
Officer · 12 sh · $2,453
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology