Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in ZION held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 14.0M | $807.9M | +2.0% | 9.533% | 0.01% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 10.9M | $625.5M | β | 7.381% | 0.03% |
| 3 | DIMENSIONAL FUND ADVISORS LP | 7.5M | $430.8M | +0.8% | 5.084% | 0.09% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 6.6M | $380.2M | β | 4.486% | 0.01% |
| 5 | STATE STREET CORP | 5.9M | $339.0M | -3.3% | 4.000% | 0.01% |
| 6 | MORGAN STANLEY | 3.1M | $176.3M | -2.9% | 2.080% | 0.01% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 3.0M | $174.9M | +2.4% | 2.063% | 0.01% |
| 8 | FIDUCIARY MANAGEMENT INC /WI/ | 2.8M | $160.6M | -3.7% | 1.896% | 1.99% |
| 9 | FULLER & THALER ASSET MANAGEMENT, INC. | 2.6M | $149.5M | +13.4% | 1.764% | 0.50% |
| 10 | AQR CAPITAL MANAGEMENT LLC | 2.2M | $127.9M | +49.8% | 1.526% | 0.06% |
| 11 | TWO SIGMA INVESTMENTS, LP | 2.2M | $125.9M | +92.6% | 1.486% | 0.10% |
| 12 | GOLDMAN SACHS GROUP INC | 1.9M | $111.7M | +37.2% | 1.318% | 0.01% |
| 13 | FIRST TRUST ADVISORS LP | 1.9M | $110.5M | +28.5% | 1.304% | 0.08% |
| 14 | Invesco Ltd. | 1.5M | $86.0M | -15.0% | 1.015% | 0.01% |
| 15 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.5M | $84.9M | -22.3% | 1.002% | 0.05% |
| 16 | BALYASNY ASSET MANAGEMENT LLC | 1.4M | $82.0M | +24.1% | 0.968% | 0.28% |
| 17 | WELLINGTON MANAGEMENT GROUP LLP | 1.4M | $81.1M | +123.0% | 0.957% | 0.02% |
| 18 | NORTHERN TRUST CORP | 1.4M | $79.7M | +1.5% | 0.940% | 0.01% |
| 19 | Bank of New York Mellon Corp | 1.3M | $75.7M | +0.1% | 0.894% | 0.01% |
| 20 | Quantinno Capital Management LP | 1.2M | $71.6M | +50.1% | 0.845% | 0.12% |
| 21 | MACKENZIE FINANCIAL CORP | 1.2M | $71.3M | +32.9% | 0.842% | 0.09% |
| 22 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.2M | $66.9M | +3.3% | 0.790% | 0.01% |
| 23 | FIL Ltd | 1.1M | $64.7M | +0.8% | 0.763% | 0.05% |
| 24 | Freestone Grove Partners LP | 1.0M | $59.9M | β | 0.707% | 0.43% |
| 25 | FMR LLC | 942K | $54.3M | +10.5% | 0.640% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in ZION β a direct measure of their conviction.
Filings activity in ZION during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new ZION position in Q1 2026
Institutions that fully closed their ZION position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 551 | 0.2% | 63.64% | 2.93 pp | $6.29B | 4.4% |
| Q4 2025 | 552 | +9.7% | 66.57% | +1.51 pp | $6.58B | +2.3% |
| Q3 2025 | 503 | +2.7% | 65.06% | 13.97 pp | $6.43B | 18% |
| Q2 2025 | 490 | 0.8% | 79.03% | +29.06 pp | $7.82B | +58% |
| Q1 2025 | 494 | +5.8% | 49.97% | 5.46 pp | $4.94B | 9.9% |
| Q4 2024 | 467 | +2.4% | 55.43% | +8.39 pp | $5.48B | +18% |
| Q3 2024 | 456 | +8.6% | 47.04% | 12.50 pp | $4.65B | 21% |
| Q2 2024 | 420 | β | 59.54% | β | $5.89B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying ZION stock.
Based on Q1 2026 13F filings, institutional ownership of Zions Bancorporation, National Association stands at 63.6%, held across 551 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of ZION, with approximately 14,020,532 shares worth $0.81B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of ZION, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for ZION is 35 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
78 institutions opened new positions in ZION during Q1 2026, while 79 fully exited. 195 added to existing positions and 273 trimmed.
ZION institutional ownership fell by 2.93 percentage points quarter-over-quarter, with a net change of -1 holders.
The top 10 institutions account for 53.6% of all reported 13F value in ZION, and the top 25 account for 73.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.