ZS ZSCALER INC
COM
CUSIP: 98980G102
FIGI: BBG003338H34
Institutional Holders909
Total Institutional Value$20,242,640,862
Total Shares Held98,106,270
Avg Position$22,269,132
Top 5 Holders %33.0%
Alpha-Weighted Score63.7
New Positions+91
Exited Positions-140
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | High Conviction | Market Mover | $2,569,356,525 (12.7%) | 11,423,424 | -24.6% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $1,761,293,784 (8.7%) | 7,830,756 | -24.6% |
| FMR LLC | High Conviction | Market Mover | $1,018,775,607 (5.0%) | 4,529,502 | -15.7% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $691,188,971 (3.4%) | 3,073,044 | -6.5% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $628,687,837 (3.1%) | 2,795,162 | -6.6% |
| FIRST TRUST ADVISORS LP | High Conviction | Market Mover | $580,945,140 (2.9%) | 2,582,897 | -13.0% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $540,206,558 (2.7%) | 2,401,772 | -25.5% |
| UBS Group AG | Moderate Conviction | Market Mover | $527,622,285 (2.6%) | 2,345,822 | 40.7% |
| STATE STREET CORP | High Conviction | Market Mover | $525,773,892 (2.6%) | 2,337,604 | -22.4% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $464,782,696 (2.3%) | 2,069,630 | -21.2% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $387,788,846 (1.9%) | 1,724,119 | -5.3% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $375,505,066 (1.9%) | 1,669,505 | -25.6% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $366,046,729 (1.8%) | 1,627,453 | -33.8% |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $359,657,113 (1.8%) | 1,599,045 | -37.6% |
| TIGER TECHNOLOGY MANAGEMENT | Elite Conviction | Moderate Flow | $355,320,969 (1.8%) | 1,579,766 | -29.6% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $350,345,237 (1.7%) | 1,557,640 | -5.9% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $344,985,220 (1.7%) | 1,533,813 | -51.5% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $330,555,268 (1.6%) | 1,469,657 | -14.6% |
| PICTET ASSET MANAGEMENT HOLDING SA | High Conviction | Market Mover | $283,295,621 (1.4%) | 1,259,127 | -2.3% |
| FEDERATED HERMES, INC. | High Conviction | Significant Flow | $271,009,932 (1.3%) | 1,204,917 | -29.4% |
| BARCLAYS PLC | High Conviction | Market Mover | $224,653,921 (1.1%) | 998,817 | -17.6% |
| VOYA INVESTMENT MANAGEMENT LLC | Moderate Conviction | Market Mover | $213,873,055 (1.1%) | 950,885 | -20.5% |
| SQUAREPOINT OPS LLC | Moderate Conviction | Significant Flow | $155,031,958 (0.8%) | 689,276 | 162.2% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $153,046,589 (0.8%) | 680,449 | -23.7% |
| SEGESPAR | High Conviction | Market Mover | $152,235,977 (0.8%) | 676,845 | -29.4% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $145,297,422 (0.7%) | 645,996 | -17.9% |
| ARTISAN PARTNERS LIMITED PARTNERSHIP | High Conviction | Significant Flow | $133,500,083 (0.7%) | 593,545 | -7.7% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $124,404,377 (0.6%) | 553,105 | -20.3% |
| Nuveen, LLC | High Conviction | Market Mover | $124,015,490 (0.6%) | 551,376 | -24.9% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $121,438,583 (0.6%) | 539,919 | -60.0% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $110,816,757 (0.5%) | 492,694 | -50.0% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $107,183,152 (0.5%) | 476,539 | -38.2% |
| ADAPT Investment Managers SA | Moderate Conviction | Moderate Flow | $104,005,932 (0.5%) | 462,413 | -36.9% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $103,925,540 (0.5%) | 461,805 | -33.5% |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $103,843,540 (0.5%) | 461,691 | 15.6% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $103,084,078 (0.5%) | 458,314 | -24.1% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | High Conviction | Market Mover | $96,263,961 (0.5%) | 427,992 | 10.7% |
| SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) | High Conviction | Significant Flow | $94,485,743 (0.5%) | 420,086 | -20.1% |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $82,872,255 (0.4%) | 368,403 | - |
| NORGES BANK | High Conviction | Market Mover | $79,762,480 (0.4%) | 354,626 | 862.3% |
| ALYESKA INVESTMENT GROUP, L.P. | High Conviction | Significant Flow | $75,381,263 (0.4%) | 335,147 | -31.1% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $75,144,972 (0.4%) | 334,095 | -69.6% |
| CHAMPLAIN INVESTMENT PARTNERS, LLC | High Conviction | Moderate Flow | $74,647,349 (0.4%) | 331,884 | -36.9% |
| LBP AM SA | High Conviction | Moderate Flow | $72,534,001 (0.4%) | 322,488 | - |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $70,455,896 (0.3%) | 313,263 | -36.5% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $68,106,027 (0.3%) | 300,163 | -30.4% |
| JACOBS LEVY EQUITY MANAGEMENT, INC | High Conviction | Significant Flow | $67,725,436 (0.3%) | 301,109 | 172.0% |
| MAN GROUP PLC | High Conviction | Significant Flow | $67,399,753 (0.3%) | 299,661 | 23.1% |
| ENSIGN PEAK ADVISORS, INC | High Conviction | Significant Flow | $65,127,610 (0.3%) | 289,559 | -27.1% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $63,427,440 (0.3%) | 282,000 | -27.4% |
| WESTFIELD CAPITAL MANAGEMENT CO LP | High Conviction | Moderate Flow | $63,159,107 (0.3%) | 280,807 | NEW |
| NEUBERGER BERMAN GROUP LLC | High Conviction | Market Mover | $62,980,261 (0.3%) | 280,012 | -42.2% |
| HOLOCENE ADVISORS, LP | High Conviction | Significant Flow | $62,977,600 (0.3%) | 280,000 | NEW |
| CANADA PENSION PLAN INVESTMENT BOARD | High Conviction | Significant Flow | $62,908,550 (0.3%) | 279,693 | -12.5% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $60,054,000 (0.3%) | 267,003 | -74.0% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $59,925,885 (0.3%) | 199,706 | -17.7% |
| NICHOLAS COMPANY, INC. | High Conviction | Moderate Flow | $59,085,809 (0.3%) | 262,697 | -25.0% |
| LIONTRUST INVESTMENT PARTNERS LLP | High Conviction | Moderate Flow | $58,237,411 (0.3%) | 258,925 | 347.8% |
| TD ASSET MANAGEMENT INC | High Conviction | Significant Flow | $57,900,706 (0.3%) | 257,428 | -24.3% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $56,604,042 (0.3%) | 251,663 | -52.0% |
| SUMITOMO MITSUI TRUST HOLDINGS, INC. | High Conviction | Significant Flow | $56,445,923 (0.3%) | 250,960 | -24.5% |
| PROSHARE ADVISORS LLC | High Conviction | Significant Flow | $56,142,056 (0.3%) | 249,609 | 9.8% |
| ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. | High Conviction | Significant Flow | $56,013,179 (0.3%) | 249,036 | -51.9% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $53,994,938 (0.3%) | 240,044 | -21.6% |
| NOMURA ASSET MANAGEMENT CO LTD | High Conviction | Significant Flow | $49,834,400 (0.2%) | 221,565 | -21.4% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $48,503,548 (0.2%) | 215,648 | 40.8% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $48,301,560 (0.2%) | 214,750 | -28.4% |
| TUDOR INVESTMENT CORP ET AL | Moderate Conviction | Significant Flow | $47,525,596 (0.2%) | 211,300 | -43.8% |
| Danica Pension, Livsforsikringsaktieselskab (CIK 0002096095) | High Conviction | Moderate Flow | $46,746,473 (0.2%) | 207,836 | -73.6% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $45,600,731 (0.2%) | 202,742 | -37.2% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $45,302,712 (0.2%) | 201,417 | -72.9% |
| VIDENT ADVISORY, LLC | Moderate Conviction | Significant Flow | $44,541,583 (0.2%) | 198,033 | -34.7% |
| GUOLINE ADVISORY PTE LTD | Elite Conviction | Low Flow | $42,973,215 (0.2%) | 191,060 | -24.9% |
| BANCO INC | High Conviction | Moderate Flow | $42,952,523 (0.2%) | 190,968 | -22.0% |
| PANAGORA ASSET MANAGEMENT INC | High Conviction | Significant Flow | $41,551,946 (0.2%) | 184,741 | -22.4% |
| CANDRIAM S.C.A. | High Conviction | Moderate Flow | $41,159,638 (0.2%) | 182,989 | -19.6% |
| NATIONAL PENSION SERVICE | High Conviction | Significant Flow | $40,446,239 (0.2%) | 179,825 | -22.4% |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | High Conviction | Significant Flow | $40,223,793 (0.2%) | 178,836 | 199.9% |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | High Conviction | Significant Flow | $39,914,078 (0.2%) | 177,459 | -19.4% |
| GREENVALE CAPITAL LLP | Elite Conviction | Low Flow | $39,361,000 (0.2%) | 175,000 | NEW |
| KEYBANK NATIONAL ASSOCIATION/OH | High Conviction | Significant Flow | $38,175,000 (0.2%) | 169,727 | -47.6% |
| CREDIT AGRICOLE S A | High Conviction | Significant Flow | $37,818,049 (0.2%) | 168,140 | -40.2% |
| Universal- Beteiligungs- und Servicegesellschaft mbH (CIK 0002057170) | High Conviction | Significant Flow | $37,613,227 (0.2%) | 166,821 | -16.7% |
| M&T BANK CORP | High Conviction | Significant Flow | $37,320,833 (0.2%) | 242,761 | 5,353.2% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $36,805,405 (0.2%) | 163,638 | -25.5% |
| Jain Global LLC | High Conviction | Significant Flow | $36,090,888 (0.2%) | 160,461 | 6.4% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $35,158,820 (0.2%) | 156,317 | -52.0% |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $34,497,330 (0.2%) | 153,376 | -30.5% |
| STIFEL FINANCIAL CORP | High Conviction | Market Mover | $34,169,132 (0.2%) | 151,913 | -25.4% |
| CREATIVE PLANNING | High Conviction | Significant Flow | $33,184,496 (0.2%) | 147,539 | 8.0% |
| ROKOS CAPITAL MANAGEMENT LLP | Moderate Conviction | Moderate Flow | $33,135,276 (0.2%) | 147,317 | -25.0% |
| CIBC PRIVATE WEALTH GROUP, LLC | High Conviction | Significant Flow | $32,345,295 (0.2%) | 143,808 | -30.0% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | High Conviction | Market Mover | $31,990,821 (0.2%) | 142,232 | -24.3% |
| CAPITAL IMPACT ADVISORS, LLC | High Conviction | Low Flow | $31,756,005 (0.2%) | 141,188 | NEW |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $31,183,808 (0.2%) | 138,644 | -27.4% |
| PARALLAX VOLATILITY ADVISERS, LLC | Moderate Conviction | Significant Flow | $30,881,741 (0.2%) | 137,301 | -21.1% |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $30,159,299 (0.1%) | 134,089 | -45.5% |
| SCHRODER INVESTMENT MANAGEMENT GROUP | High Conviction | Market Mover | $29,449,225 (0.1%) | 130,932 | -28.4% |
| CRESSET ASSET MANAGEMENT, LLC | High Conviction | Significant Flow | $28,593,855 (0.1%) | 127,129 | -62.4% |
| MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. | High Conviction | Significant Flow | $25,274,896 (0.1%) | 114,589 | -38.8% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 879 | $20.28B | 98,291,293 | $206.34 |
| Q3 25 | 905 | $27.33B | 152,885,778 | $178.73 |
| Q2 25 | 909 | $28.42B | 96,121,770 | $295.68 |
| Q1 25 | 766 | $20.05B | 108,055,870 | $185.51 |
| Q4 24 | 758 | $16.49B | 95,767,750 | $172.16 |
| Q3 24 | 690 | $15.77B | 97,474,945 | $161.84 |
| Q2 24 | 722 | $17.02B | 152,207,701 | $111.82 |
| Q1 24 | 739 | $16.41B | 91,114,797 | $180.07 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.