L3VLUP
ProSign in

ZS in the 13F filings

Zscaler Inc · CUSIP 98980G102

Sector · Software and IT servicesTheme · Cloud and enterprise software· L3VLUP-defined
Quarter
Q3 2026 · early filersQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
34
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 23 listed it in both
Shares listed
19,953,200
combined, among listed positions
Reported value
$4.5bn
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,828,556.

Managers listing ZS in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

34 of 34 holders

ActionFiling
Invesco Ltd5,052,401$1.1bn0.11%Added+3,761,43619 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)4,529,502$1.0bn0.05%Added+495,45717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc2,572,358$579m0.06%Added+777,41417 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,599,045$360m0.19%Trimmed-342,52617 Feb 2026 (the filing on sec.gov)
Tiger Global Management LLC1,579,766$355m1.20%Trimmed-103,50017 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC633,876$143m0.15%Added+498,74013 Feb 2026 (the filing on sec.gov)
Artisan Partners LP593,545$134m0.20%Added+110,77617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP427,992$96m0.06%Added+137,70813 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd368,403$83munder 0.1%Added+86,72017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.364,113$82munder 0.1%Trimmed-872,73217 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC280,012$63munder 0.1%Trimmed-83,58127 Oct 2026 (the filing on sec.gov)
Holocene Advisors LP280,000$63m0.13%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC248,861$56m0.10%Added+122,91717 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC240,053$54munder 0.1%Added+63,83917 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP201,417$45m0.06%Trimmed-355,89117 Feb 2026 (the filing on sec.gov)
Rokos Capital Management LLP147,317$33m0.13%Held013 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP134,089$30munder 0.1%Trimmed-50,59117 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP111,980$25munder 0.1%Trimmed-492,12017 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC108,300$24munder 0.1%Added+2,80012 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP96,362$22munder 0.1%Added+27,97117 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC84,664$19munder 0.1%Added+35,32910 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC60,122$14m0.05%Trimmed-34,38213 Feb 2026 (the filing on sec.gov)
MFS Investment Management51,246$12munder 0.1%Trimmed-58,23922 Jan 2026 (the filing on sec.gov)
Millennium Management LLC49,717$11munder 0.1%Trimmed-1,35817 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP40,543$9.1munder 0.1%Trimmed-28,01317 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (2)

Exited (2)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
17 in Q3 2024 to 11 in Q2 2026

Tracked managers listing it, at least.

0102030201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ZS by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20184$22mn.a.n.a.
Q2 20181$6.3mn.a.n.a.
Q3 20182$18mn.a.n.a.
Q1 20198$716mn.a.n.a.
Q2 20198$693mn.a.n.a.
Q3 20198$244mn.a.n.a.
Q4 20195$241mn.a.n.a.
Q1 202011$511mn.a.n.a.
Q2 202021$1.1bnn.a.n.a.
Q3 202014$1.3bnn.a.n.a.
Q4 202017$1.7bnn.a.n.a.
Q1 202115$1.4bnn.a.n.a.
Q2 202117$2.0bnn.a.n.a.
Q3 202119$3.2bnn.a.n.a.
Q4 202114$3.6bnn.a.n.a.
Q1 202219$2.9bnn.a.n.a.
Q2 202216$1.8bnn.a.n.a.
Q3 202222$2.0bnn.a.n.a.
Q4 202212$1.3bnn.a.n.a.
Q1 202311$1.4bnn.a.n.a.
Q2 202318$1.9bnn.a.n.a.
Q3 202322$1.7bnn.a.n.a.
Q4 202317$2.2bn912
Q1 202419$2.0bn155
Q2 202419$1.4bn129
Q3 202417$1.1bn810
Q4 202417$1.4bn811
Q1 202514$1.8bn105
Q2 202526$5.3bn197
Q3 202523$4.6bn139
Q4 202522$4.3bn1817
Q1 202617$1.9bn1419
Q2 202611$860m1915

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

ZS and GOOGL →ZS and AMZN →ZS and MSFT →Choose a stock to compare with ZS →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own ZS, latest filings →Back to the 13F Explorer →