Ranked by reported Q2 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. | 14.2M | $982.2M | +1.3% | 9.728% | 0.01% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 11.1M | $768.5M | +2.3% | 7.611% | 0.03% |
| 3 | First Nebraska Trust Co | 9K | $647.6M | — | 0.006% | 0.00% |
| 4 | DIMENSIONAL FUND ADVISORS LP | 7.6M | $528.9M | +2.2% | 5.238% | 0.10% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 6.6M | $458.9M | +0.5% | 4.545% | 0.01% |
| 6 | STATE STREET CORP | 5.9M | $410.2M | +0.8% | 4.063% | 0.01% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 3.1M | $211.8M | +0.9% | 2.097% | 0.01% |
| 8 | MORGAN STANLEY | 3.0M | $210.4M | -0.6% | 2.083% | 0.01% |
| 9 | TWO SIGMA INVESTMENTS, LP | 2.8M | $193.3M | +27.9% | 1.915% | 0.14% |
| 10 | FULLER & THALER ASSET MANAGEMENT, INC. | 2.6M | $183.3M | +2.1% | 1.816% | 0.50% |
| 11 | FIDUCIARY MANAGEMENT INC /WI/ | 2.6M | $179.3M | -7.1% | 1.776% | 2.55% |
| 12 | AQR CAPITAL MANAGEMENT LLC | 2.6M | $178.5M | +14.9% | 1.768% | 0.06% |
| 13 | FIRST TRUST ADVISORS LP | 2.0M | $141.3M | +6.5% | 1.400% | 0.08% |
| 14 | GOLDMAN SACHS GROUP INC | 1.7M | $120.5M | -10.1% | 1.194% | 0.01% |
| 15 | MACKENZIE FINANCIAL CORP | 1.7M | $120.4M | +40.5% | 1.192% | 0.12% |
| 16 | NORGES BANK | 1.7M | $119.3M | — | 1.182% | 0.01% |
| 17 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.7M | $117.6M | +15.4% | 1.165% | 0.05% |
| 18 | Quantinno Capital Management LP | 1.6M | $110.5M | +28.5% | 1.094% | 0.13% |
| 19 | Invesco Ltd. | 1.5M | $105.9M | +2.6% | 1.049% | 0.01% |
| 20 | NORTHERN TRUST CORP | 1.4M | $96.0M | +0.4% | 0.951% | 0.01% |
| 21 | FMR LLC | 1.3M | $92.8M | +42.5% | 0.919% | 0.00% |
| 22 | Bank of New York Mellon Corp | 1.3M | $88.0M | -3.3% | 0.871% | 0.01% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.2M | $80.1M | -0.4% | 0.793% | 0.01% |
| 24 | FIL Ltd | 1.2M | $79.7M | +2.6% | 0.789% | 0.06% |
| 25 | MILLENNIUM MANAGEMENT LLC | 1.1M | $78.6M | +39.8% | 0.779% | 0.03% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in ZION — a direct measure of their conviction.
Filings activity in ZION during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new ZION position in Q2 2026
Institutions that fully closed their ZION position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 606 | +7.4% | 84.72% | +4.17 pp | $8.78B | +36% |
| Q1 2026 | 564 | +1.3% | 80.55% | 2.77 pp | $6.46B | 3.8% |
| Q4 2025 | 557 | +9.6% | 83.32% | +2.29 pp | $6.71B | +4.1% |
| Q3 2025 | 508 | +3.7% | 81.03% | +2.23 pp | $6.45B | 18% |
| Q2 2025 | 490 | 0.8% | 78.80% | +3.38 pp | $7.82B | +58% |
| Q1 2025 | 494 | +5.8% | 75.42% | 0.91 pp | $4.94B | 9.9% |
| Q4 2024 | 467 | +2.4% | 76.33% | +1.55 pp | $5.48B | +18% |
| Q3 2024 | 456 | — | 74.78% | — | $4.65B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying ZION stock.
Based on Q2 2026 13F filings, institutional ownership of Zions Bancorporation, National Association stands at 84.7%, held across 606 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of ZION, with approximately 14,196,331 shares worth $0.98B as of Q2 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of ZION, including TWO SIGMA INVESTMENTS, LP, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for ZION is 74 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
72 institutions opened new positions in ZION during Q2 2026, while 37 fully exited. 454 added to existing positions and 56 trimmed.
ZION institutional ownership rose by 4.17 percentage points quarter-over-quarter, with a net change of +42 holders.
The top 10 institutions account for 52.4% of all reported 13F value in ZION, and the top 25 account for 71.8%.
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.
Zions Bancorporation, National Association (ZION) Institutional Ownership