ZIONS BANCORPORATION N A ZION
COM · Common Stock · CUSIP 989701107 · ISIN US9897011071
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersSalt Lake City, UT
- Founded1873
- Websitezionsbancorporation.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($22.7m this quarter). Holder counts are more reliable. Shares outstanding: 147.1m as of 2026-04-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $57.59. Options: 16 managers hold calls ($81.9m notional), 14 hold puts ($82.5m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 492 |
| Q4 2022 | 496 |
| Q1 2023 | 451 |
| Q2 2023 | 425 |
| Q3 2023 | 430 |
| Q4 2023 | 473 |
| Q1 2024 | 463 |
| Q2 2024 | 433 |
| Q3 2024 | 471 |
| Q4 2024 | 475 |
| Q1 2025 | 501 |
| Q2 2025 | 495 |
| Q3 2025 | 515 |
| Q4 2025 | 559 |
| Q1 2026 | 567 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 184 | 247 |
| Q3 2024 | 221 | 206 |
| Q4 2024 | 199 | 234 |
| Q1 2025 | 270 | 198 |
| Q2 2025 | 242 | 234 |
| Q3 2025 | 236 | 226 |
| Q4 2025 | 274 | 222 |
| Q1 2026 | 306 | 229 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $41.1m | $56.6m | 1.38 |
| Q3 2025 | $56.5m | $62.0m | 1.10 |
| Q4 2025 | $94.1m | $112.9m | 1.20 |
| Q1 2026 | $81.9m | $82.5m | 1.01 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +1.1m |
| Freestone Grove Partners LP | New | +1.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +776.1k |
| AQR CAPITAL MANAGEMENT LLC | Added | +746.1k |
| ALGEBRIS (UK) LTD | New | +617.7k |
| GOLDMAN SACHS GROUP INC | Added | +523.8k |
| FIRST TRUST ADVISORS LP | Added | +425.3k |
| Quantinno Capital Management LP | Added | +414.9k |
| MACKENZIE FINANCIAL CORP | Added | +306.7k |
| BlackRock, Inc. | Added | +279.7k |
Biggest sellers
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -2.8m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -2.0m |
| TWO SIGMA ADVISERS, LP | Sold out | -1.2m |
| Thrivent Financial for Lutherans | Reduced | -931.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -673.4k |
| Allianz Asset Management GmbH | Reduced | -500.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -423.3k |
| Qube Research & Technologies Ltd | Reduced | -393.6k |
| UBS Group AG | Reduced | -379.8k |
| NATIXIS ADVISORS, LLC | Reduced | -377.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.4m266.9k shares |
| JANE STREET GROUP, LLC | Added | $15.1m262.0k shares |
| PEAK6 LLC | Reduced | $11.8m204.8k shares |
| CITADEL ADVISORS LLC | Reduced | $8.1m141.1k shares |
| Parallax Volatility Advisers, L.P. | Added | $8.1m130.0k shares |
| IMC-Chicago, LLC | Added | $5.4m93.7k shares |
| Optiver Holding B.V. | Added | $5.4m93.5k shares |
| CITIGROUP INC | Unchanged | $4.6m80.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.9m33.2k shares |
| Walleye Trading LLC | Reduced | $1.5m26.8k shares |
Biggest puts
| Optiver Holding B.V. | Added | $18.9m328.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $16.1m279.6k shares |
| PEAK6 LLC | Added | $10.5m181.5k shares |
| JANE STREET GROUP, LLC | Added | $10.2m177.6k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $6.2m107.6k shares |
| CITIGROUP INC | Unchanged | $6.1m105.0k shares |
| IMC-Chicago, LLC | Reduced | $5.7m98.6k shares |
| CITADEL ADVISORS LLC | Reduced | $3.1m53.7k shares |
| Walleye Trading LLC | Added | $2.7m46.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m23.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-09-03 | 7.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-09-03 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-01-21 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-09-03; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 4 | $319.2k | — |
| Q3 2024 | 0 | — | 3 | $6.6m | — |
| Q4 2024 | 0 | — | 7 | $1.2m | — |
| Q1 2025 | 0 | — | 3 | $1.8m | — |
| Q2 2025 | 0 | — | 1 | $13.9k | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $130.5k | — |
| Q1 2026 | 1 | $265.6k | 6 | $3.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-24 | SIMMONS HARRIS H Chairman & CEO, director | Bought | $265.6k4.5k shares |
| 2026-02-20 | Arbuckle Jason D. SVP - Controller | Sold | $11.7k190 shares |
| 2026-02-18 | Smith Jennifer Anne Executive Vice President | Sold | $130.5k2.1k shares |
| 2026-02-06 | STEPHENS STEVEN DAN Executive Vice President | Sold | $1.0m15.5k shares |
| 2026-02-06 | Smith Jennifer Anne Executive Vice President | Sold | $425.0k6.6k shares |
| 2026-02-02 | MCLEAN SCOTT J President | Sold | $1.8m29.0k shares |
| 2026-02-02 | Ellingsen Eric Executive VP & | Sold | $93.1k1.5k shares |
| 2026-02-02 | Steward Derek Executive Vice President | Sold | $46.5k769 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 14.0m $807.9m | Added +279.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 10.9m $625.5m | First filing |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 7.5m $430.8m | Added +56.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 6.6m $380.2m | First filing |
| STATE STREET CORP 0.01% of their portfolio | 5.9m $339.0m | Reduced -200.8k |
| LSV ASSET MANAGEMENT 0.49% of their portfolio | 3.9m $225.3m | Added +22.2k |
| MORGAN STANLEY 0.01% of their portfolio | 3.1m $176.3m | Reduced -91.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.0m $174.9m | Added +70.7k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.99% of their portfolio | 2.8m $160.6m | Reduced -106.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.50% of their portfolio | 2.6m $149.5m | Reduced -2.0m |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 2.2m $127.9m | Added +746.1k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 2.2m $125.9m | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.9m $111.7m | Added +523.8k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 1.9m $110.5m | Added +425.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.5m $86.0m | Reduced -263.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.5m $84.9m | Reduced -423.3k |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 1.4m $82.0m | Added +277.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.4m $81.1m | Added +776.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $79.7m | Added +19.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $75.7m | Added +603 |
| Quantinno Capital Management LP 0.12% of their portfolio | 1.2m $71.6m | Added +414.9k |
| MACKENZIE FINANCIAL CORP 0.09% of their portfolio | 1.2m $71.3m | Added +306.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $66.9m | Added +36.8k |
| FIL Ltd 0.05% of their portfolio | 1.1m $64.7m | Added +9.3k |
| Freestone Grove Partners LP 0.43% of their portfolio | 1.0m $59.9m | New |
| FMR LLC 0.00% of their portfolio | 941.6k $54.3m | Added +89.7k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 916.8k $52.8m | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 807.5k $46.5m | Reduced -10.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 789.3k $45.5m | Reduced -673.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 782.8k $45.1m | Reduced -9.6k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 757.7k $43.7m | Reduced -500.2k |
| Bridgewater Associates, LP 0.19% of their portfolio | 724.8k $41.8m | Reduced -112.5k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 697.3k $40.2m | Reduced -393.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 694.0k $40.0m | Added +46.4k |
| ALGEBRIS (UK) LTD 2.57% of their portfolio | 617.7k $35.5m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.58% of their portfolio | 544.2k $31.4m | Reduced -32.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 538.4k $31.0m | Added +127.2k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 508.1k $29.3m | Reduced -181.2k |
| Arbejdsmarkedets Tillaegspension 0.65% of their portfolio | 450.7k $26.0m | Added +36.1k |
| MetLife Investment Management, LLC 0.13% of their portfolio | 438.1k $25.2m | Added +293 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 433.0k $24.9m | Added +278.4k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.25% of their portfolio | 426.1k $24.6m | Added +21.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 420.6k $24.2m | Added +3.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 407.2k $23.5m | Added +5.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 396.7k $22.9m | Added +73.7k |
| ALGERT GLOBAL LLC 0.33% of their portfolio | 375.5k $21.6m | Added +20.8k |
| BARCLAYS PLC 0.01% of their portfolio | 353.3k $20.4m | Reduced -173.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 353.2k $19.6m | Reduced -56.2k |
| UBS Group AG 0.00% of their portfolio | 341.6k $19.7m | Reduced -379.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 341.3k $19.7m | Reduced -13.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 338.9k $19.5m | Reduced -25.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 329.5k $19.0m | Added +12.0k |
| Nuveen, LLC 0.01% of their portfolio | 329.2k $19.0m | Added +65.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 312.1k $18.0m | Reduced -59.6k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.03% of their portfolio | 302.5k $17.4m | Added +3.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 299.6k $17.3m | Added +21.8k |
| Swiss National Bank 0.01% of their portfolio | 292.1k $16.8m | Added +1.1k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 290.0k $17.0m | Added +69.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 284.7k $16.4m | Reduced -255.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 279.1k $16.1m | Added +40.3k |
| Squarepoint Ops LLC 0.03% of their portfolio | 268.5k $15.5m | Added +72.3k |
| BW Gestao de Investimentos Ltda. 0.68% of their portfolio | 265.0k $15.3m | New |
| Corient Private Wealth LP 0.02% of their portfolio | 257.7k $14.7m | Reduced -144.3k |
| HRT FINANCIAL LP 0.05% of their portfolio | 245.0k $14.1m | Reduced -71.0k |
| Schonfeld Strategic Advisors LLC 0.11% of their portfolio | 243.5k $14.0m | Reduced -19.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 230.5k $13.3m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 228.0k $13.1m | Reduced -96.7k |
| Interval Partners, LP 0.45% of their portfolio | 228.0k $13.1m | Reduced -173.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 226.3k $12.8m | Reduced -12.4k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 225.2k $13.0m | Added +55.2k |
| Legal & General Group Plc 0.00% of their portfolio | 210.1k $12.1m | Reduced -22.7k |
| Verition Fund Management LLC 0.12% of their portfolio | 207.7k $12.0m | Reduced -170.4k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.12% of their portfolio | 205.3k $11.8m | Reduced -2.8m |
| Edgestream Partners, L.P. 0.38% of their portfolio | 199.7k $11.5m | Added +85.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 196.6k $11.3m | Added +53.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 192.0k $11.1m | Added +16.0k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 2.75% of their portfolio | 190.8k $11.0m | New |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 184.5k $10.6m | Added +6.7k |
| Retirement Systems of Alabama 0.03% of their portfolio | 181.0k $10.4m | Added +3.8k |
| CITIGROUP INC 0.01% of their portfolio | 179.8k $10.4m | Reduced -26.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 177.0k $10.2m | Added +37.3k |
| STRS OHIO 0.04% of their portfolio | 175.3k $10.1m | Added +171.8k |
| Private Advisory Group LLC 0.69% of their portfolio | 171.6k $9.9m | Added +3.0k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 171.3k $9.9m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 167.5k $9.6m | Reduced -30.6k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 160.5k $9.2m | Added +593 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 158.1k $9.1m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 157.9k $9.1m | Reduced -29.7k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 155.1k $8.9m | Reduced -931.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 153.3k $8.8m | Reduced -243 |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 149.8k $8.6m | Reduced -2.2k |
| SG Americas Securities, LLC 0.01% of their portfolio | 149.5k $8.6m | Reduced -97.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 147.4k $8.5m | Reduced -33.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 144.9k $8.3m | Reduced -10.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 140.5k $8.1m | First filing |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 136.5k $7.9m | Added +21.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 136.2k $7.8m | Reduced -287.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 133.1k $7.7m | Added +11.4k |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 122.8k $7.1m | Added +78.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 121.5k $7.0m | Added +1.2k |