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Palo Alto Networks Inc

PANW
Exchange
Nasdaq
Industry
Computer Peripheral Equipment, NEC
SEC CIK
0001327567

In the last 90 days, Palo Alto Networks Inc insiders filed 0 open-market purchases and 8 sales; 2,922 institutions reported holding it in 13F filings for Q2 2026, worth $227.1B in total; superinvestors Duquesne Family Office and Maverick Capital hold it.

13F holders, Q2 2025

Institutional positions in Palo Alto Networks Inc as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
2,377
+149 vs. Q1 2025
Shares held
524.9M
+11.6M (+2.3%) vs. Q1 2025
Total value
$107.3B
+$19.8B (+22.6%) vs. Q1 2025
New holders
253
1,071 more added
Sold out
104
768 more reduced

33 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PANW on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 2,377 institutions
Q1 2021: 968 institutionsQ2 2021: 987 institutionsQ3 2021: 1,093 institutionsQ4 2021: 1,226 institutionsQ1 2022: 1,317 institutionsQ2 2022: 1,330 institutionsQ3 2022: 1,356 institutionsQ4 2022: 1,378 institutionsQ1 2023: 1,472 institutionsQ2 2023: 1,594 institutionsQ3 2023: 1,638 institutionsQ4 2023: 1,840 institutionsQ1 2024: 1,902 institutionsQ2 2024: 2,012 institutionsQ3 2024: 2,070 institutionsQ4 2024: 2,296 institutionsQ1 2025: 2,261 institutionsQ2 2025: 2,377 institutionsQ3 2025: 2,434 institutionsQ4 2025: 2,536 institutionsQ1 2026: 2,482 institutionsQ2 2026: 2,922 institutions
Value heldQ2 2025: $107.3B
Q1 2021: $26.2BQ2 2021: $30.3BQ3 2021: $41.0BQ4 2021: $46.6BQ1 2022: $53.6BQ2 2022: $42.9BQ3 2022: $41.6BQ4 2022: $35.1BQ1 2023: $51.2BQ2 2023: $68.5BQ3 2023: $62.0BQ4 2023: $76.5BQ1 2024: $70.1BQ2 2024: $84.1BQ3 2024: $85.2BQ4 2024: $92.9BQ1 2025: $87.7BQ2 2025: $107.3BQ3 2025: $112.2BQ4 2025: $106.6BQ1 2026: $103.3BQ2 2026: $227.1B
Institutions holding PANW and their total value by quarter
QuarterHoldersValue
Q2 20262,922$227.1B
Q1 20262,482$103.3B
Q4 20252,536$106.6B
Q3 20252,434$112.2B
Q2 20252,377$107.3B
Q1 20252,261$87.7B
Q4 20242,296$92.9B
Q3 20242,070$85.2B
Q2 20242,012$84.1B
Q1 20241,902$70.1B
Q4 20231,840$76.5B
Q3 20231,638$62.0B
Q2 20231,594$68.5B
Q1 20231,472$51.2B
Q4 20221,378$35.1B
Q3 20221,356$41.6B
Q2 20221,330$42.9B
Q1 20221,317$53.6B
Q4 20211,226$46.6B
Q3 20211,093$41.0B
Q2 2021987$30.3B
Q1 2021968$26.2B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Palo Alto Networks Inc; share changes are against Q1 2025.

Institutions holding PANW in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Gradient Investments LLC152,520$31.2M0.57%+7,423+5.1%Added
Hancock Whitney Corp152,719$31.3M0.60%+1,469+1.0%Added
William Blair Investment Management, LLC153,731$31.5M0.08%−1,035,967−87.1%Reduced
Sands Capital Management, LLC154,863$31.7M0.09%+154,863New
Covea Finance156,335$32.0M1.19%+156,335New
Wesbanco Bank Inc157,769$32.3M0.96%+14,618+10.2%Added
Close Asset Management Ltd159,441$32.6M0.95%−23,207−12.7%Reduced
Czech National Bank161,840$33.1M0.26%+9,766+6.4%Added
Xponance, Inc.161,911$33.1M0.28%+6,876+4.4%Added
Ieq Capital, LLC162,294$33.2M0.20%+8,632+5.6%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys162,384$33.2M0.18%+10,970+7.2%Added
Segall Bryant & Hamill, LLC163,213$33.4M0.47%−10,992−6.3%Reduced
Capital Fund Management S.A.164,184$33.6M0.37%−43,329−20.9%Reduced
Lyell Wealth Management, LP164,836$33.7M2.66%+4,166+2.6%Added
Motley Fool Wealth Management, LLC165,784$33.9M2.05%−23,413−12.4%Reduced
Intech Investment Management LLC166,127$34.0M0.32%+21,678+15.0%Added
Steward Partners Investment Advisory, LLC166,323$34.0M0.27%+10,815+7.0%Added
Trust Co of Vermont167,724$34.3M1.62%+325+0.2%Added
Nissay Asset Management Corp168,486$34.5M0.20%+4,193+2.6%Added
Badgley Phelps Wealth Managers, LLC169,270$34.6M0.77%−476−0.3%Reduced
Flputnam Investment Management Co169,325$34.7M0.60%+2,007+1.2%Added
NEOS Investment Management LLC170,261$34.8M0.43%+65,027+61.8%Added
F/M Investments LLC170,958$35.0M1.27%+256+0.1%Added
Atlantic Union Bankshares Corp171,758$35.1M0.80%+141,225+462.5%Added
Park National Corp173,061$35.4M1.17%+262+0.2%Added
Beacon Investment Advisory Services, Inc.173,502$35.5M1.57%+64,937+59.8%Added
Cercano Management LLC174,028$35.6M1.02%−39,551−18.5%Reduced
Sanctuary Advisors, LLC175,731$36.0M0.22%+1,841+1.1%Added
Skandinaviska Enskilda Banken AB (publ)176,521$36.1M0.16%+24,914+16.4%Added
Stock Yards Bank & Trust Co178,496$36.5M1.22%+48,232+37.0%Added
State of Michigan Retirement System180,000$36.8M0.19%+400+0.2%Added
Gillespie Robinson & Grimm Inc181,691$37.2M2.76%+49,971+37.9%Added
Chesley Taft & Associates LLC182,164$37.3M1.66%−2,007−1.1%Reduced
Creative Planning183,729$37.6M0.03%−2,599−1.4%Reduced
Allen Investment Management LLC184,202$37.7M0.41%−12,516−6.4%Reduced
Assenagon Asset Management S.A.184,713$37.8M0.06%+142,876+341.5%Added
Ci Investments Inc.184,951$37.8M0.14%+78,950+74.5%Added
Tran Capital Management, L.P.186,926$38.3M4.50%−2,474−1.3%Reduced
Daiwa Securities Group Inc.187,868$38.4M0.14%+7,596+4.2%Added
Ofi Invest Asset Management221,863$38.7M0.96%+11,711+5.6%Added
Arizona State Retirement System193,445$39.6M0.23%+965+0.5%Added
Sequoia Financial Advisors, LLC194,094$39.7M0.27%+503+0.3%Added
Millennium Management LLC195,035$39.9M0.04%−482,892−71.2%Reduced
MayTech Global Investments, LLC201,379$40.0M4.14%+7,275+3.7%Added
Washington Trust Co196,689$40.3M1.42%−3,003−1.5%Reduced
Tocqueville Asset Management L.P.198,333$40.6M0.62%−41,746−17.4%Reduced
MetLife Investment Management198,521$40.6M0.24%−1,349−0.7%Reduced
Glenmede Investment Management, LP199,152$40.8M0.21%+199,152New
Quintet Private Bank (Europe) S.A.199,971$40.9M2.37%−23,890−10.7%Reduced
Beacon Pointe Advisors, LLC200,271$41.0M0.43%+4,166+2.1%Added
Ami Asset Management Corp201,552$41.2M2.36%−11,684−5.5%Reduced
Migdal Insurance & Financial Holdings Ltd.205,053$42.0M0.50%+41,392+25.3%Added
MML Investors Services, LLC205,256$42.0M0.12%+36,961+22.0%Added
Swiss Life Asset Management Ltd208,233$42.6M0.25%−1,812−0.9%Reduced
SEI Investments Co209,604$42.9M0.05%−56,417−21.2%Reduced
KBC Group NV209,963$43.0M0.12%−6,812−3.1%Reduced
Groupe la Francaise207,554$43.0M0.70%+7,288+3.6%Added
Two Sigma Advisers, LP212,012$43.4M0.09%−568,400−72.8%Reduced
State of Tennessee, Treasury Department212,555$43.5M0.16%−9,239−4.2%Reduced
Howard Capital Management Group, LLC213,497$43.7M3.04%−895−0.4%Reduced
Jump Financial, LLC213,809$43.8M0.54%+56,319+35.8%Added
Adell Harriman & Carpenter Inc214,939$44.0M2.92%−4,734−2.2%Reduced
Pacer Advisors, Inc.218,620$44.7M0.11%+83,076+61.3%Added
Caisse de Depot Et Placement du Quebec219,060$44.8M0.10%−75,273−25.6%Reduced
Triodos Investment Management BV221,500$45.3M3.40%+700+0.3%Added
State of New Jersey Common Pension Fund D221,480$45.3M0.18%+1,601+0.7%Added
Resona Asset Management Co.,Ltd.224,186$45.7M0.22%+11,941+5.6%Added
RMB Capital Management, LLC227,334$46.5M0.88%+29,829+15.1%Added
Forsta Ap-Fonden231,300$47.3M0.31%+33,600+17.0%Added
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH231,344$47.3M1.34%+170,021+277.3%Added
Henshaw Capital LLC238,550$48.8M1.94%00.0%Unchanged
Thomasville National Bank240,422$49.2M3.35%−9,486−3.8%Reduced
Comerica Bank241,655$49.5M0.19%+15,856+7.0%Added
The PNC Financial Services Group, Inc.242,851$49.7M0.03%+20,649+9.3%Added
Quantinno Capital Management LP247,471$50.6M0.22%+43,731+21.5%Added
Mn Services Vermogensbeheer B.V.247,500$50.6M0.35%+16,500+7.1%Added
Erste Asset Management GmbH253,039$50.9M0.43%+107,636+74.0%Added
Toroso Investments, LLC248,922$50.9M0.33%+31,731+14.6%Added
Eastern Bank249,225$51.0M0.97%−4,576−1.8%Reduced
Washington Trust Advisors, Inc.249,813$51.1M4.15%−617−0.2%Reduced
E. Ohman J:or Asset Management AB251,618$51.5M1.28%−4,893−1.9%Reduced
Capital Advisors Inc256,105$52.4M0.94%+12,421+5.1%Added
Citadel Advisors LLC257,442$52.7M0.05%−138,828−35.0%Reduced
La Banque Postale Asset Management SA259,753$53.2M0.75%+47,172+22.2%Added
Healthcare of Ontario Pension Plan Trust Fund264,650$54.2M0.11%−25,522−8.8%Reduced
Raiffeisen Bank International AG266,294$54.4M0.81%−14,457−5.1%Reduced
Nicholas Company, Inc.267,117$54.7M0.92%−17,735−6.2%Reduced
Public Employees Retirement System of Ohio267,927$54.8M0.18%+1,771+0.7%Added
Calamos Advisors LLC269,182$55.1M0.24%+3,521+1.3%Added
Lido Advisors, LLC271,053$55.5M0.29%+25,355+10.3%Added
CIBC Asset Management Inc277,169$56.7M0.18%−5,056−1.8%Reduced
Pinebridge Investments, L.P.278,006$56.9M0.46%−42,828−13.3%Reduced
BNP Paribas279,390$57.0M1.85%+11,888+4.4%Added
KLP Kapitalforvaltning AS280,542$57.4M0.25%+9,100+3.4%Added
Rafferty Asset Management, LLC284,065$58.1M0.19%+30,573+12.1%Added
Janney Montgomery Scott LLC285,386$58.4M0.15%−66,772−19.0%Reduced
American Century Companies Inc287,144$58.8M0.03%−47,396−14.2%Reduced
Atalanta Sosnoff Capital, LLC292,712$59.9M1.22%−2,590−0.9%Reduced
Advisor Group Holdings, Inc.294,660$59.9M0.11%+13,159+4.7%Added
Achmea Investment Management B.V.294,832$60.3M0.78%+2,982+1.0%Added