Zscaler Ownership | Who Owns Zscaler?


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Zscaler Ownership Summary


Zscaler is owned by 52.54% institutional investors, 35.17% insiders, and 12.29% retail investors. Tudor investment corp et al is the largest institutional shareholder, holding 35.43% of ZS shares. Nicholas II I is the top mutual fund, with 3.14% of its assets in Zscaler shares.

ZS Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockZscaler52.54%35.17%12.29%
SectorTechnology Stocks 37.01%14.89%48.10%
IdeaArtificial Intelligence Stocks List57.88%5.08%37.05%
IdeaSaaS Stocks List59.32%6.71%33.97%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Tudor investment corp et al55.44M35.43%$55.16M
Vanguard group11.42M7.20%$2.57B
Blackrock funding, inc. /de8.57M5.37%$1.20B
Blackrock6.93M4.61%$1.33B
First trust advisors lp3.52M2.20%$493.64M
Goldman sachs group2.92M1.83%$410.34M
State street2.38M1.49%$334.52M
American century companies2.38M1.49%$334.51M
Fmr2.19M1.37%$307.28M
Geode capital management2.09M1.31%$292.04M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Shawspring partners200.42K10.51%$28.12M
Value star asset management (hong kong)5.00K3.04%$1.50M
Guoline advisory pte191.06K2.81%$26.80M
Capital impact advisors44.10K2.50%$6.19M
Sqn investors lp16.60K2.34%$3.19M
Marathon capital management66.34K2.10%$9.31M
Diker management13.00K2.03%$2.35M
Maytus capital management27.98K1.80%$8.38M
La financiere de l'echiquier211.00K1.77%$40.55M
Avalon global asset management50.00K1.71%$14.98M

Top Buyers

HolderShares% AssetsChange
Tudor investment corp et al55.44M0.09%55.44M
Victory capital management1.56M0.14%1.42M
Two sigma investments, lp1.18M0.13%974.68K
First trust advisors lp3.52M0.35%935.78K
Wellington management group llp893.50K0.02%759.41K

Top Sellers

HolderShares% AssetsChange
Fmr2.19M0.02%-2.34M
Capital research global investors---1.48M
Westbridge capital management---1.33M
Federated hermes130.44K0.03%-1.07M
Groupama asset managment2.21K0.01%-1.00M

New Positions

HolderShares% AssetsChangeValue
Tudor investment corp et al55.44M0.09%55.44M$55.16M
Vanguard fiduciary trust649.30K0.02%649.30K$91.09M
Voloridge investment management427.79K0.24%427.79K$60.01M
Norges bank354.63K0.01%354.63K$79.76M
Worldquant millennium advisors226.78K0.12%226.78K$31.82M

Sold Out

HolderChange
Claris advisors, llc / mo /-1.00
Tfc financial management-1.00
Nemes rush group-1.00
Proffitt & goodson-1.00
Core alternative capital-1.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Mar 31, 2026796-17.34%83,895,505-1.72%521.81%380-17.93%264-14.29%
Dec 31, 2025554-43.70%39,951,220-53.80%250.82%260-49.42%186-27.06%
Sep 30, 2025578-40.35%41,991,264-44.30%261.13%321-40.77%145-42.91%
Jun 30, 202597116.57%83,035,944-1.91%531.77%53922.22%25518.60%
Mar 31, 202512-98.53%754,397-99.01%-0.02%4-99.07%4-98.33%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Nicholas II I5.00M3.14%4.92M
Invesco QQQ Trust3.44M2.14%25.32K
Vanguard Total Stock Mkt Idx Inv3.33M2.07%8.23K
Vanguard US Total Market Shares ETF2.88M1.86%31.21K
First Trust NASDAQ Cybersecurity ETF2.47M1.54%-2.46K
UBS: Global Equity2.27M1.48%2.27M
Vanguard Mid Cap Index Institutional2.26M1.41%5.77K
Pictet-Security I USD1.74M1.08%312.03K
Vanguard Growth Index Investor1.44M0.90%7.50K
American Century Ultra® Inv1.22M0.76%-

Recent Insider Transactions


DateNameRoleActivityValue
Mar 18, 2026Geller Adam Chief Product OfficerSell$321.49K
Mar 17, 2026Geller Adam Chief Product OfficerSell$232.54K
Mar 18, 2026BEER JAMES A-Sell$27.17K
Mar 17, 2026Chaudhry Jagtar Singh CEO & ChairmanSell$303.95K
Mar 17, 2026RUBIN KEVIN Chief Financial OfficerSell$263.39K

Insider Transactions Trends


DateBuySell
2026 Q1-9
2025 Q4-15
2025 Q3-9
2025 Q2-36
2025 Q1-18

ZS Ownership FAQ


Who owns the most shares of Zscaler?

Zscaler’s largest shareholders are Tudor investment corp et al (55.44M shares, 35.43%), Vanguard group (11.42M shares, 7.20%), and Blackrock funding, inc. /de (8.57M shares, 5.37%). Together, they hold 47.99% of Zscaler’s total shares outstanding.

Does Blackrock own Zscaler?

Yes, BlackRock owns 4.61% of Zscaler, totaling 6.93M shares as of Jun 2024. This represents 0.03% of BlackRock's total assets, with a market value of 1.33B$. In the last quarter, BlackRock increased its holdings by 6.94K shares, a 0.10% change.

Who is Zscaler’s biggest shareholder by percentage of total assets invested?

Shawspring partners is Zscaler’s biggest shareholder by percentage of total assets invested, with 10.51% of its assets in 200.42K Zscaler shares, valued at 28.12M$.

Who is the top mutual fund holder of Zscaler shares?

Nicholas II I is the top mutual fund holder of Zscaler shares, with 3.14% of its total shares outstanding invested in 5M Zscaler shares.

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