Zscaler Ownership | Who Owns Zscaler?


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Zscaler Ownership Summary


Zscaler is owned by 51.47% institutional investors, 34.96% insiders, and 13.58% retail investors. Vanguard group is the largest institutional shareholder, holding 7.20% 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
StockZscaler51.47%34.96%13.58%
SectorTechnology Stocks 78.07%14.90%7.03%
IdeaArtificial Intelligence Stocks List70.69%4.62%24.68%
IdeaSaaS Stocks List75.83%6.55%17.62%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group11.42M7.20%$2.57B
Blackrock funding, inc. /de9.89M6.15%$1.40B
Blackrock6.93M4.61%$1.33B
Vanguard capital management4.72M2.94%$666.42M
First trust advisors lp3.53M2.20%$498.15M
Goldman sachs group3.16M1.97%$446.25M
State street2.49M1.55%$351.98M
Pictet asset management sa2.10M1.31%$296.89M
Geode capital management2.09M1.30%$294.32M
Ubs asset management americas1.73M1.08%$244.36M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Shawspring partners167.31K10.18%$23.62M
Value star asset management (hong kong)5.00K3.04%$1.50M
Guoline advisory pte191.06K2.51%$26.97M
Optimus prime fund management240.10K2.51%$33.89M
Sqn investors lp16.60K2.34%$3.19M
Sellaronda global management lp25.00K2.21%$3.53M
Diker management13.00K2.03%$2.35M
Marathon capital management66.17K1.89%$9.34M
Maytus capital management27.98K1.80%$8.38M
La financiere de l'echiquier211.00K1.77%$40.55M

Top Buyers

HolderShares% AssetsChange
Jericho capital asset management1.36M1.59%1.36M
Blackrock funding, inc. /de9.89M0.02%1.32M
Millennium management1.13M0.06%794.79K
Sixth street partners management company582.76K0.01%582.76K
Connor, clark & lunn investment management724.56K0.19%582.64K

Top Sellers

HolderShares% AssetsChange
Invesco139.42K0.00%-3.24M
Fmr350.83K0.00%-1.84M
T. rowe price investment management---1.69M
Tiger global management---1.58M
American century companies866.49K0.05%-1.52M

New Positions

HolderShares% AssetsChangeValue
Jericho capital asset management1.36M1.59%1.36M$192.37M
Sixth street partners management company582.76K0.01%582.76K$82.26M
Hrt financial lp479.60K0.12%479.60K$67.69M
Norges bank411.22K0.01%411.22K$58.04M
Caisse de depot et placement du quebec220.62K0.04%220.62K$31.14M

Sold Out

HolderChange
Tfc financial management-1.00
Claris advisors, llc / mo /-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 %
Jun 30, 20268271.22%82,726,688-6.26%511.71%4227.93%249-8.46%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Nicholas II I5.00M3.14%4.92M
Invesco QQQ Trust3.49M2.16%16.44K
Vanguard MStar Total Stk Mkt Idx Invest3.35M2.07%9.91K
Vanguard Morn Total Stk Mkt Idx Investor3.34M2.06%8.49K
Vanguard Total Stock Mkt Idx Inv3.34M2.06%8.49K
First Trust NASDAQ Cybersecurity ETF3.02M1.87%-4.84K
Vanguard US Total Market Shares ETF2.88M1.86%31.21K
UBS: Global Equity2.27M1.48%2.27M
Vanguard Mid Cap Index Institutional2.28M1.41%10.28K
Vanguard Morn Mid Cap Index Instl2.28M1.41%10.28K

Recent Insider Transactions


DateNameRoleActivityValue
Aug 25, 2026RUBIN KEVIN Chief Financial OfficerSell$8.38K
Aug 25, 2026RUBIN KEVIN Chief Financial OfficerSell$11.60K
Aug 25, 2026RUBIN KEVIN Chief Financial OfficerSell$50.21K
Aug 25, 2026RUBIN KEVIN Chief Financial OfficerSell$15.96K
Aug 25, 2026RUBIN KEVIN Chief Financial OfficerSell$1.06K

Insider Transactions Trends


DateBuySell
2026 Q3-11
2026 Q2-12
2026 Q1-9
2025 Q4-15
2025 Q3-9

ZS Ownership FAQ


Who owns the most shares of Zscaler?

Zscaler’s largest shareholders are Vanguard group (11.42M shares, 7.20%), Blackrock funding, inc. /de (9.89M shares, 6.15%), and Blackrock (6.93M shares, 4.61%). Together, they hold 17.96% 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 10.18% of its assets in 167.3K Zscaler shares, valued at 23.62M$.

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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