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Institutional Ownership · SEC Form 13F

Who owns Zions Bancorporation, National Association (ZION)


Which tracked institutional funds hold ZION, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ZION company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

560
Institutional holders
115M
Shares held (tracked funds)
78.1%
Of shares outstanding

How the tape is positioned

102 tracked funds added or opened ZION while 117 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

ZION’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes ZION more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in ZION divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 560 tracked filers holding ZION, 309 increased or opened the position and 245 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in ZION between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 30

  • VANGUARD PORTFOLIO MANAGEMENT LLC$625M
  • VANGUARD CAPITAL MANAGEMENT LLC$380M
  • Freestone Grove Partners LP$60M
  • VANGUARD FIDUCIARY TRUST CO$53M
  • ALGEBRIS (UK) LTD$36M
  • BW Gestao de Investimentos Ltda.$15M

Full exits 27

  • VANGUARD GROUP INC$1.1B
  • TWO SIGMA ADVISERS, LP$69M
  • FJ Capital Management LLC$14M
  • Jump Financial, LLC$13M
  • ExodusPoint Capital Management, LP$12M
  • Hudson Bay Capital Management LP$7M

Largest adds

  • TWO SIGMA INVESTMENTS, LP$60M
  • WELLINGTON MANAGEMENT GROUP LLP$44M
  • AQR CAPITAL MANAGEMENT LLC$40M
  • GOLDMAN SACHS GROUP INC$29M
  • Quantinno Capital Management LP$23M
  • FIRST TRUST ADVISORS LP$23M

Largest trims

  • VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$162M
  • BlackRock, Inc.$70M
  • Thrivent Financial for Lutherans$55M
  • MILLENNIUM MANAGEMENT LLC$40M
  • NORGES BANK$37M
  • Allianz Asset Management GmbH$30M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed12,745,038$734M10.0%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new10,855,578$625M8.5%2026-Q1
DIMENSIONAL FUND ADVISORS LP added7,477,126$431M5.9%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new6,598,287$380M5.2%2026-Q1
STATE STREET CORP trimmed5,883,024$339M4.6%2026-Q1
LSV ASSET MANAGEMENT added3,910,279$225M3.1%2026-Q1
MORGAN STANLEY trimmed3,059,666$176M2.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added3,033,897$175M2.4%2026-Q1
FIDUCIARY MANAGEMENT INC /WI/ trimmed2,787,957$161M2.2%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added2,594,137$149M2.0%2026-Q1
AQR CAPITAL MANAGEMENT LLC added2,240,218$128M1.7%2026-Q1
TWO SIGMA INVESTMENTS, LP added2,185,343$126M1.7%2026-Q1
GOLDMAN SACHS GROUP INC added1,938,054$112M1.5%2026-Q1
FIRST TRUST ADVISORS LP added1,917,826$111M1.5%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed1,473,500$85M1.2%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added1,423,947$82M1.1%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added1,407,257$81M1.1%2026-Q1
NORTHERN TRUST CORP added1,382,844$80M1.1%2026-Q1
Invesco Ltd. trimmed1,325,790$76M1.0%2026-Q1
Bank of New York Mellon Corp added1,314,134$76M1.0%2026-Q1
Quantinno Capital Management LP added1,242,578$72M1.0%2026-Q1
MACKENZIE FINANCIAL CORP added1,238,094$71M1.0%2026-Q1
NORGES BANK trimmed1,375,821$69M0.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,161,452$67M0.9%2026-Q1
FIL Ltd added1,122,403$65M0.9%2026-Q1
Freestone Grove Partners LP added1,040,108$60M0.8%2026-Q1
VANGUARD FIDUCIARY TRUST CO new916,772$53M0.7%2026-Q1
FMR LLC added915,626$53M0.7%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed807,539$47M0.6%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed789,341$45M0.6%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed782,793$45M0.6%2026-Q1
Allianz Asset Management GmbH trimmed757,669$44M0.6%2026-Q1
Bridgewater Associates, LP trimmed724,830$42M0.6%2026-Q1
Qube Research & Technologies Ltd trimmed697,340$40M0.5%2026-Q1
AMERICAN CENTURY COMPANIES INC added693,964$40M0.5%2026-Q1
ALGEBRIS (UK) LTD new617,735$36M0.5%2026-Q1
WEDGE CAPITAL MANAGEMENT L L P/NC trimmed544,243$31M0.4%2026-Q1
BANK OF AMERICA CORP /DE/ added538,436$31M0.4%2026-Q1
Point72 Asset Management, L.P. trimmed508,125$29M0.4%2026-Q1
Arbejdsmarkedets Tillaegspension added450,669$26M0.4%2026-Q1
MetLife Investment Management, LLC added438,057$25M0.3%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added432,975$25M0.3%2026-Q1
BASSWOOD CAPITAL MANAGEMENT, L.L.C. added426,090$25M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added420,630$24M0.3%2026-Q1
RHUMBLINE ADVISERS added407,202$23M0.3%2026-Q1
SEI INVESTMENTS CO added396,671$23M0.3%2026-Q1
ALGERT GLOBAL LLC added375,505$22M0.3%2026-Q1
BARCLAYS PLC trimmed353,345$20M0.3%2026-Q1
UBS Group AG trimmed341,586$20M0.3%2026-Q1
AMERIPRISE FINANCIAL INC trimmed341,253$20M0.3%2026-Q1
JPMORGAN CHASE & CO trimmed353,189$20M0.3%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed338,879$20M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added329,515$19M0.3%2026-Q1
Nuveen, LLC added329,169$19M0.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed312,096$18M0.2%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added302,524$17M0.2%2026-Q1
California Public Employees Retirement System added299,598$17M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. added290,034$17M0.2%2026-Q1
Swiss National Bank added292,100$17M0.2%2026-Q1
DEUTSCHE BANK AG\ trimmed284,736$16M0.2%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC added279,137$16M0.2%2026-Q1
Squarepoint Ops LLC added268,469$15M0.2%2026-Q1
BW Gestao de Investimentos Ltda. new265,000$15M0.2%2026-Q1
Corient Private Wealth LLC added257,712$15M0.2%2026-Q1
HRT FINANCIAL LP trimmed245,026$14M0.2%2026-Q1
Schonfeld Strategic Advisors LLC trimmed243,549$14M0.2%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added230,495$13M0.2%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed228,035$13M0.2%2026-Q1
Interval Partners, LP trimmed228,022$13M0.2%2026-Q1
Assenagon Asset Management S.A. added225,178$13M0.2%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB trimmed226,294$13M0.2%2026-Q1
Legal & General Group Plc trimmed210,113$12M0.2%2026-Q1
Verition Fund Management LLC trimmed207,664$12M0.2%2026-Q1
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. trimmed205,264$12M0.2%2026-Q1
Edgestream Partners, L.P. added199,682$12M0.2%2026-Q1
FRANKLIN RESOURCES INC added196,562$11M0.2%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added192,000$11M0.2%2026-Q1
KETTLE HILL CAPITAL MANAGEMENT, LLC added190,803$11M0.1%2026-Q1
CAPTRUST FINANCIAL ADVISORS added184,540$11M0.1%2026-Q1
Retirement Systems of Alabama added181,015$10M0.1%2026-Q1
CITIGROUP INC trimmed179,810$10M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added177,032$10M0.1%2026-Q1
STRS OHIO added175,269$10M0.1%2026-Q1
Private Advisory Group LLC added171,645$10M0.1%2026-Q1
Caisse de depot et placement du Quebec added171,327$10M0.1%2026-Q1
JANE STREET GROUP, LLC trimmed167,468$10M0.1%2026-Q1
Rockefeller Capital Management L.P. added160,513$9M0.1%2026-Q1
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM158,103$9M0.1%2026-Q1
PRUDENTIAL FINANCIAL INC trimmed157,944$9M0.1%2026-Q1
Thrivent Financial for Lutherans trimmed155,074$9M0.1%2026-Q1
VANGUARD GROUP INC trimmed18,176,752$1.1B14.5%2025-Q4 stale
TWO SIGMA ADVISERS, LP added1,182,100$69M0.9%2025-Q4 stale
Artemis Investment Management LLP added768,556$38M0.5%2025-Q1 stale
Boston Partners trimmed602,059$34M0.5%2025-Q3 stale
Appaloosa LP new285,000$16M0.2%2025-Q3 stale
FJ Capital Management LLC trimmed239,124$14M0.2%2025-Q4 stale
MACQUARIE GROUP LTD added242,343$13M0.2%2025-Q3 stale
Jump Financial, LLC added218,028$13M0.2%2025-Q4 stale
ExodusPoint Capital Management, LP added210,782$12M0.2%2025-Q4 stale
AXA Investment Managers S.A. new163,245$9M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership