Zscaler, Inc. (ZS) Ownership

NASDAQ: ZSTop holders, insider trades and short interest.

ZS ownership summary

as of October 18, 2026
Institutions
53.3%
of shares outstanding
Insiders
34.67%
of shares outstanding
Shares outstanding
163.1M
Float
106.5M
shares available to trade
Short interest
5.44%
5.8M shares short
Days to cover
1.52
short interest down 10.8% vs prior month
  • Institutions 53.26%
  • Insiders 34.67%
  • Other investors 12.08%

ZS top institutional holders

20 largest
Zscaler, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc6.07%9.9M$2.05B+1.3M (+15.4%)June 30, 2026
2Vanguard Portfolio Management, LLC3.80%6.2M$1.29B+266,091 (+4.5%)June 30, 2026
3Vanguard Capital Management, LLC2.90%4.7M$979.1M+60,503 (+1.3%)June 30, 2026
4First Trust Advisors L.P.2.16%3.5M$731.9M+10,535 (+0.3%)June 30, 2026
5The Goldman Sachs Group Inc1.94%3.2M$655.6M+236,609 (+8.1%)June 30, 2026
6State Street Corp1.53%2.5M$517.1M+109,154 (+4.6%)June 30, 2026
7Pictet Asset Manangement SA1.29%2.1M$436.5M+184,081 (+9.6%)June 30, 2026
8Geode Capital Management, LLC1.28%2.1M$433.6M+3,814 (+0.2%)June 30, 2026
9UBS Asset Mgmt Americas Inc1.06%1.7M$359.0M−233,924 (−11.9%)June 30, 2026
10Victory Capital Management Inc.1.03%1.7M$347.4M+119,904 (+7.7%)June 30, 2026
11AQR Capital Management LLC0.84%1.4M$282.7M+347,340 (+34.2%)June 30, 2026
12Jericho Capital Asset Management LP0.84%1.4M$282.6M+1.4M (0.0%)June 30, 2026
13Amundi0.70%1.1M$236.0M+129,563 (+12.8%)June 30, 2026
14Morgan Stanley - Brokerage Accounts0.70%1.1M$235.7M−145,166 (−11.3%)June 30, 2026
15Millennium Management LLC0.69%1.1M$234.3M+794,787 (+237.3%)June 30, 2026
16Wellington Management Company LLP0.68%1.1M$228.8M+209,711 (+23.5%)June 30, 2026
17Citadel Advisors Llc0.62%1.0M$209.2M+497,738 (+97.4%)June 30, 2026
18Barclays PLC0.58%952K$197.3M+282,346 (+42.2%)June 30, 2026
19VOLORIDGE INVESTMENT MANAGEMENT, LLC0.54%882K$183.0M+454,562 (+106.3%)June 30, 2026
20American Century Companies Inc0.53%866K$179.7M−1.5M (−63.7%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 17 holders added 6.4M shares and 3 cut 1.9M.

ZS top mutual fund and ETF holders

20 largest
Zscaler, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.05%3.3M$693.1M−3,808 (−0.1%)August 31, 2026
2First Trust NASDAQ Cybersecurity ETF1.92%3.1M$647.6M—September 30, 2026
3Vanguard MStar Mid Cap Index Instl1.38%2.3M$466.8M−22,858 (−1.0%)September 30, 2026
4Vanguard MStar Growth Index Investor1.03%1.7M$349.0M+67,706 (+4.2%)September 30, 2026
5Pictet-Security I USD0.92%1.5M$310.5M−119,940 (−7.4%)July 31, 2026
6Vanguard Information Technology ETF0.60%974K$202.0M+2,241 (+0.2%)September 30, 2026
7Vanguard MStar Mid Cap Growth ETF0.51%825K$171.1M+17,718 (+2.2%)September 30, 2026
8Amplify Cybersecurity ETF0.45%729K$151.1M+3,951 (+0.5%)September 30, 2026
9Vanguard Windsor Investor Shares0.43%708K$146.8M+126,492 (+21.8%)June 30, 2026
10iShares Russell Mid-Cap Growth ETF0.36%588K$121.9M−627 (−0.1%)September 30, 2026
11Victory Pioneer A0.34%562K$116.5M−116,625 (−17.2%)August 31, 2026
12Global X Cybersecurity ETF0.34%560K$116.2M+2,480 (+0.4%)September 30, 2026
13iShares Expanded Tech-Software Sect ETF0.31%511K$106.0M+4,850 (+1.0%)September 30, 2026
14Fidelity Extended Market Index0.31%502K$104.1M−5,445 (−1.1%)August 31, 2026
15Amundi Fds US Pioneer A USD C0.27%440K$91.2M−159,355 (−26.6%)August 31, 2026
16iShares Russell Mid-Cap ETF0.26%432K$89.5M+798 (+0.2%)September 30, 2026
17Fidelity Mid Cap Index0.25%407K$84.5M+11,631 (+2.9%)August 31, 2026
18First Trust Nasdaq Cybscty ETF A USD Acc0.25%406K$84.2M—September 30, 2026
19iShares Digital Security ETF USD Acc0.25%400K$82.9M—September 30, 2026
20iShares Russell 1000 Growth ETF0.24%392K$81.3M−266 (−0.1%)September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

ZS insider transactions

latest 20
Zscaler, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-03-18James A BeerSell$153.53177$27,175
2026-03-18Adam GellerSell$153.532,094$321,492
2026-03-17Adam GellerSell$156.591,485$232,536
2026-03-17Jagtar Singh ChaudhrySell$156.591,941$303,941
2026-03-17Kevin RubinSell$156.591,682$263,384
2026-03-17Raj JudgeSell$156.592,488$389,596
2026-03-17Robert SchlossmanSell$156.592,263$354,363
2026-01-02James A BeerSell$226.72653$148,048
2025-12-17Adam GellerSell$232.791,620$377,120
2025-12-17Robert SchlossmanSell$232.792,349$546,824
2025-12-16Adam GellerSell$230.822,060$475,489
2025-12-16Jagtar Singh ChaudhrySell$230.822,843$656,221
2025-12-16Kevin RubinSell$230.823,303$762,398
2025-12-16Raj JudgeSell$230.823,438$793,559
2025-12-16Robert SchlossmanSell$230.823,084$711,849
2025-10-24Robert SchlossmanSell$325.003,200$1.0M
2025-10-02Robert SchlossmanSell$305.577,006$2.1M
2025-09-17Adam GellerSell$284.2510,464$3.0M
2025-09-16Adam GellerSell$280.7011,193$3.1M
2025-09-16Jagtar Singh ChaudhrySell$280.702,865$804,206

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

ZS shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns ZS

Institutional investors own 53.3% of Zscaler's shares and insiders 34.67%. The largest holder is BlackRock Inc with 6.07% of the shares (9.9M), as of June 30, 2026. Among the top 20 institutions, 17 added shares and 3 reduced their stake in the latest filings. Short interest is 5.44% of the float, or 1.52 days of average trading volume. The share count rose 560.8% since 2015.

Related: ZS analyst forecast, ZS key metrics. See the ZS stock overview for the latest quote and news.

ZS ownership FAQ

Who owns the most Zscaler stock?

The largest shareholders of Zscaler are BlackRock Inc (6.07%), Vanguard Portfolio Management, LLC (3.80%), Vanguard Capital Management, LLC (2.90%), First Trust Advisors L.P. (2.16%), The Goldman Sachs Group Inc (1.94%).

What percentage of Zscaler is owned by institutions?

Institutions hold 53.3% of Zscaler's shares outstanding; insiders hold 34.67%.

Which funds own Zscaler?

The largest fund holders of Zscaler are Vanguard MStar Total Stk Mkt Idx Invest (2.05%), First Trust NASDAQ Cybersecurity ETF (1.92%), Vanguard MStar Mid Cap Index Instl (1.38%), Vanguard MStar Growth Index Investor (1.03%), Pictet-Security I USD (0.92%).

What is Zscaler's short interest?

5.8M shares of Zscaler were sold short, 5.44% of the float; at the average daily volume it would take 1.52 days to cover.

Are insiders buying or selling Zscaler?

Of the latest 20 reported insider transactions in Zscaler (since September 16, 2025), 0 were purchases and 20 were sales.

How many shares of Zscaler are outstanding?

Zscaler has 163.1M shares outstanding, of which 106.5M are in the public float.

Software - Infrastructure: ownership