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 ($31.7m this quarter). Holder counts are more reliable. Shares outstanding: 146.0m as of 2026-07-31, 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 ≈ $69.11. Options: 14 managers hold calls ($107.5m notional), 13 hold puts ($58.1m).
Trends to Q2 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 |
| Q2 2026 | 600 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 328 | 199 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $56.5m | $62.0m | 1.10 |
| Q4 2025 | $94.1m | $112.9m | 1.20 |
| Q1 2026 | $81.9m | $82.5m | 1.01 |
| Q2 2026 | $107.5m | $58.1m | 0.54 |
Biggest buyers
| Azora Capital LP | New | +754.9k |
| DEUTSCHE BANK AG\ | Added | +752.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +609.1k |
| Walleye Capital LLC | Added | +580.9k |
| MACKENZIE FINANCIAL CORP | Added | +501.5k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +484.7k |
| UBS Group AG | Added | +476.7k |
| FMR LLC | Added | +400.0k |
| Quantinno Capital Management LP | Added | +353.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +347.0k |
Biggest sellers
| Balyasny Asset Management L.P. | Reduced | -631.5k |
| ALGEBRIS (UK) LTD | Sold out | -617.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -355.1k |
| Freestone Grove Partners LP | Reduced | -298.9k |
| Squarepoint Ops LLC | Sold out | -268.5k |
| Assenagon Asset Management S.A. | Reduced | -207.0k |
| FIDUCIARY MANAGEMENT INC /WI/ | Reduced | -196.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -196.2k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | Sold out | -190.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -173.8k |
Biggest calls
| PEAK6 LLC | Added | $36.9m532.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.9m201.5k shares |
| CITADEL ADVISORS LLC | Reduced | $6.9m100.2k shares |
| IMC-Chicago, LLC | Added | $6.6m94.9k shares |
| Caption Management, LLC | New | $6.2m90.0k shares |
| SIMPLEX TRADING, LLC | Added | $6.0m86.5k shares |
| Twin Tree Management, LP | New | $5.9m85.4k shares |
| CITIGROUP INC | Unchanged | $5.5m80.0k shares |
| Walleye Trading LLC | Added | $5.0m72.7k shares |
| Optiver Holding B.V. | Reduced | $4.6m66.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $16.2m233.5k shares |
| Optiver Holding B.V. | Reduced | $9.8m141.5k shares |
| CITIGROUP INC | Unchanged | $7.3m105.0k shares |
| CITADEL ADVISORS LLC | Added | $5.2m74.7k shares |
| IMC-Chicago, LLC | Reduced | $4.0m57.2k shares |
| PEAK6 LLC | Reduced | $3.7m53.2k shares |
| GROUP ONE TRADING LLC | Added | $3.0m42.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.4m35.3k shares |
| SIMPLEX TRADING, LLC | Added | $2.3m32.9k shares |
| Walleye Capital LLC | Added | $1.5m22.0k 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2026 | 0 | — | 1 | $297.7k | — |
| Q3 2026 | 0 | — | 3 | $6.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-04 | MCLEAN SCOTT J President | Sold | $2.4m33.3k shares |
| 2026-08-04 | Law Scott A. Executive Vice President | Sold | $333.7k4.6k shares |
| 2026-08-03 | MCLEAN SCOTT J President | Sold | $2.3m32.0k shares |
| 2026-08-03 | MCLEAN SCOTT J President | Sold | $1.3m18.0k shares |
| 2026-07-28 | Steward Derek Executive Vice President | Sold | $62.3k894 shares |
| 2026-07-28 | MCLEAN SCOTT J President | Sold | —6.7k shares |
| 2026-05-08 | Smith Jennifer Anne Executive Vice President · By 401(k) Plan | Sold | $263.1k4.2k shares |
| 2026-05-04 | Smith Jennifer Anne Executive Vice President | Sold | $34.6k550 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 14.2m $982.2m | Added +175.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 11.1m $768.5m | Added +252.1k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 7.6m $528.9m | Added +167.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 6.6m $458.9m | Added +34.2k |
| STATE STREET CORP 0.01% of their portfolio | 5.9m $410.2m | Added +46.2k |
| LSV ASSET MANAGEMENT 0.48% of their portfolio | 3.9m $267.0m | Reduced -51.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.1m $211.8m | Added +26.4k |
| MORGAN STANLEY 0.01% of their portfolio | 3.0m $210.4m | Reduced -19.3k |
| TWO SIGMA INVESTMENTS, LP 0.15% of their portfolio | 2.8m $193.3m | Added +609.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.50% of their portfolio | 2.6m $183.3m | Added +55.6k |
| FIDUCIARY MANAGEMENT INC /WI/ 2.55% of their portfolio | 2.6m $179.3m | Reduced -196.7k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 2.6m $178.5m | Added +335.0k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 2.0m $141.3m | Added +124.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.7m $120.5m | Reduced -196.2k |
| MACKENZIE FINANCIAL CORP 0.12% of their portfolio | 1.7m $120.4m | Added +501.5k |
| NORGES BANK 0.01% of their portfolio | 1.7m $119.3m | Not comparable |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.7m $117.6m | Added +226.7k |
| Quantinno Capital Management LP 0.13% of their portfolio | 1.6m $110.5m | Added +353.9k |
| Invesco Ltd. 0.01% of their portfolio | 1.5m $105.9m | Added +38.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $96.0m | Added +5.0k |
| FMR LLC 0.00% of their portfolio | 1.3m $92.8m | Added +400.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $88.0m | Reduced -42.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $80.1m | Reduced -4.2k |
| FIL Ltd 0.06% of their portfolio | 1.2m $79.7m | Added +29.0k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.1m $78.6m | Added +347.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.1m $72.8m | Reduced -355.1k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.0m $71.8m | Added +752.5k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 930.1k $64.4m | Added +13.3k |
| UBS Group AG 0.01% of their portfolio | 818.3k $56.6m | Added +476.7k |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 792.5k $54.8m | Reduced -631.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 790.4k $54.7m | Reduced -17.1k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 757.8k $43.7m | Added +90 |
| Azora Capital LP 2.20% of their portfolio | 754.9k $52.2m | New |
| Freestone Grove Partners LP 0.34% of their portfolio | 741.2k $51.3m | Reduced -298.9k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 729.9k $50.5m | Added +32.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 630.7k $43.6m | Reduced -63.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.06% of their portfolio | 609.0k $42.1m | Reduced -173.8k |
| Bridgewater Associates, LP 0.17% of their portfolio | 591.4k $40.9m | Reduced -133.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 589.3k $40.8m | Added +50.9k |
| Walleye Capital LLC 0.19% of their portfolio | 581.3k $40.2m | Added +580.9k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 560.1k $38.8m | Added +163.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio | 556.6k $38.5m | Added +484.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.60% of their portfolio | 524.8k $36.3m | Reduced -19.4k |
| HRT FINANCIAL LP 0.08% of their portfolio | 481.4k $33.3m | Added +236.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 447.3k $30.9m | Added +14.3k |
| Arbejdsmarkedets Tillaegspension 0.67% of their portfolio | 443.8k $30.7m | Reduced -6.9k |
| MetLife Investment Management, LLC 0.14% of their portfolio | 440.0k $30.4m | Added +2.0k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.26% of their portfolio | 425.1k $29.4m | Reduced -953 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 417.1k $28.9m | Reduced -3.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 401.4k $27.8m | Reduced -5.8k |
| Nuveen, LLC 0.01% of their portfolio | 390.8k $27.0m | Added +61.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 380.1k $26.9m | Added +26.9k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 373.3k $25.8m | Reduced -134.9k |
| ALGERT GLOBAL LLC 0.30% of their portfolio | 365.3k $25.3m | Reduced -10.2k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 347.9k $24.1m | Added +45.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 338.9k $23.4m | Added +16 |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 333.9k $23.1m | Added +4.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 329.8k $22.8m | Reduced -11.4k |
| Schonfeld Strategic Advisors LLC 0.12% of their portfolio | 322.8k $22.3m | Added +79.3k |
| SummitTX Capital, L.P. 0.58% of their portfolio | 316.2k $21.9m | Added +303.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 309.3k $21.4m | Added +9.7k |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 303.0k $21.0m | Added +153.2k |
| Swiss National Bank 0.01% of their portfolio | 296.8k $20.5m | Added +4.7k |
| Verition Fund Management LLC 0.14% of their portfolio | 291.7k $20.2m | Added +84.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 284.1k $19.7m | Added +4.9k |
| Corient Private Wealth LP 0.03% of their portfolio | 275.4k $19.1m | Added +17.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 272.3k $18.8m | Added +41.8k |
| Interval Partners, LP 0.59% of their portfolio | 266.4k $18.4m | Added +38.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 250.7k $17.3m | Reduced -61.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 244.4k $14.1m | Reduced -45.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 240.4k $16.6m | Added +103.9k |
| BARCLAYS PLC 0.00% of their portfolio | 227.8k $15.8m | Reduced -125.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 224.1k $15.5m | Reduced -2.2k |
| STRS OHIO 0.06% of their portfolio | 217.0k $15.0m | Added +41.7k |
| Legal & General Group Plc 0.00% of their portfolio | 210.3k $14.6m | Added +225 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.13% of their portfolio | 206.4k $14.3m | Added +1.1k |
| Man Group plc 0.03% of their portfolio | 202.5k $14.0m | Added +133.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 200.6k $13.9m | Added +47.3k |
| CITIGROUP INC 0.01% of their portfolio | 190.6k $13.2m | Added +10.8k |
| Amundi 0.00% of their portfolio | 189.0k $13.1m | Added +152.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 188.9k $13.1m | Reduced -3.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 187.3k $13.0m | Reduced -9.3k |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 186.7k $12.9m | Added +2.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 186.5k $12.9m | Added +41.6k |
| BW Gestao de Investimentos Ltda. 0.29% of their portfolio | 173.9k $12.0m | Reduced -91.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 173.7k $12.0m | Added +90.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 172.2k $11.9m | Reduced -4.9k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 170.3k $11.8m | Added +9.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 169.7k $11.7m | Added +11.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 159.6k $11.0m | Added +1.6k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 157.2k $10.9m | Added +2.1k |
| Retirement Systems of Alabama 0.03% of their portfolio | 152.1k $10.5m | Reduced -28.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 148.7k $10.3m | Added +33.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 141.8k $9.8m | Added +8.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 140.8k $9.7m | Added +258 |
| Private Advisory Group LLC 0.53% of their portfolio | 136.7k $9.5m | Reduced -34.9k |
| Rhino Investment Partners, Inc 2.83% of their portfolio | 135.2k $9.4m | Added +20.6k |
| SG Americas Securities, LLC 0.01% of their portfolio | 134.5k $9.3m | Reduced -15.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 127.3k $8.8m | Reduced -8.9k |
| Vest Financial, LLC 0.09% of their portfolio | 126.4k $8.7m | Added +31.4k |