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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; 2,921 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, Q3 2025

Institutional positions in Palo Alto Networks Inc as of Sep 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
2,434
+103 vs. Q2 2025
Shares held
551.1M
+30.6M (+5.9%) vs. Q2 2025
Total value
$112.2B
+$5.80B (+5.5%) vs. Q2 2025
New holders
239
1,246 more added
Sold out
136
653 more reduced

46 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 2,434 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: 2,921 institutions
Value heldQ3 2025: $112.2B
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 20262,921$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, Q3 2025

Shares, value and share of portfolio for each institution holding Palo Alto Networks Inc; share changes are against Q2 2025.

Institutions holding PANW in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc65,269,963$13.3B0.20%+1,253,589+2.0%Added
BlackRock, Inc.55,439,906$11.3B0.20%+1,732,709+3.2%Added
Morgan Stanley30,759,375$6.26B0.38%+180,307+0.6%Added
State Street Corp29,736,916$6.06B0.21%+505,924+1.7%Added
Bank of America Corp17,459,010$3.56B0.27%+904,439+5.5%Added
JPMorgan Chase & Co15,750,208$3.21B0.20%+133,051+0.9%Added
Geode Capital Management, LLC15,448,501$3.13B0.20%+274,472+1.8%Added
Royal Bank of Canada9,920,223$2.02B0.36%+2,454,869+32.9%Added
UBS Group AG8,084,781$1.65B0.32%+1,298,111+19.1%Added
Nuveen, LLC7,661,272$1.56B0.41%+932,822+13.9%Added
FMR LLC7,599,248$1.55B0.08%−2,772,474−26.7%Reduced
Northern Trust Corp7,528,248$1.53B0.20%+36,511+0.5%Added
UBS Asset Management Americas Inc5,920,436$1.21B0.26%−1,497,345−20.2%Reduced
First Trust Advisors LP5,906,963$1.20B0.90%+611,375+11.5%Added
Clearbridge Investments, LLC5,859,097$1.19B0.90%+604,209+11.5%Added
Barclays PLC5,804,717$1.18B0.43%+1,338,539+30.0%Added
Ameriprise Financial Inc5,585,298$1.14B0.26%−375,506−6.3%Reduced
Wells Fargo & Company5,580,894$1.14B0.23%+788,228+16.4%Added
Legal & General Group Plc5,440,431$1.11B0.25%+10,751+0.2%Added
Goldman Sachs Group Inc5,353,723$1.09B0.16%−346,709−6.1%Reduced
Invesco Ltd.5,289,011$1.08B0.17%+252,495+5.0%Added
Charles Schwab Investment Management Inc4,713,839$959.8M0.15%+237,201+5.3%Added
Price T Rowe Associates Inc4,552,030$926.9M0.10%+602,799+15.3%Added
Franklin Resources Inc4,037,320$822.1M0.21%+17,394+0.4%Added
Pictet Asset Management Holding SA4,036,866$822.0M0.79%+255,514+6.8%Added
Bank of New York Mellon Corp3,977,200$809.8M0.15%−4,260−0.1%Reduced
Bank of Montreal3,785,530$770.8M0.34%+1,159,553+44.2%Added
Amundi3,532,201$750.9M0.24%+708,332+25.1%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main3,388,984$690.1M0.62%+2,882,007+568.5%Added
Deutsche Bank AG3,239,327$659.6M0.22%+52,408+1.6%Added
Citigroup Inc2,807,455$571.7M0.39%+81,966+3.0%Added
Jane Street Group, LLC2,610,066$531.5M0.62%+2,608,526+169,384.8%Added
Citadel Advisors LLC2,529,379$515.0M0.41%+2,271,937+882.5%Added
SG Americas Securities, LLC2,519,546$513.0M1.88%+773,463+44.3%Added
Victory Capital Management Inc2,467,692$502.3M0.31%+1,282,738+108.3%Added
Nordea Investment Management AB2,430,115$498.1M0.44%+64,814+2.7%Added
Swedbank AB2,392,224$487.1M0.49%+560,540+30.6%Added
Schroder Investment Management Group2,277,112$463.7M0.36%+42,561+1.9%Added
Raymond James Financial Inc2,238,686$455.8M0.15%+121,575+5.7%Added
Stifel Financial Corp2,144,841$436.7M0.40%+167,895+8.5%Added
AQR Capital Management LLC2,096,542$426.9M0.27%+143,893+7.4%Added
Sumitomo Mitsui Trust Holdings, Inc.2,081,938$423.9M0.24%+201,327+10.7%Added
Capital Research Global Investors2,062,988$420.1M0.08%−1,295,420−38.6%Reduced
Swiss National Bank1,922,100$391.4M0.23%−82,100−4.1%Reduced
Scge Management, L.P.1,885,000$383.8M7.49%00.0%Unchanged
California Public Employees Retirement System1,877,928$382.4M0.23%−227,011−10.8%Reduced
LPL Financial LLC1,848,984$376.5M0.11%+188,709+11.4%Added
National Pension Service1,725,100$351.3M0.27%+38,138+2.3%Added
Mirova US LLC1,717,294$349.7M3.53%−65,280−3.7%Reduced
Marshall Wace, LLP1,713,968$349.0M0.38%+1,705,568+20,304.4%Added
ABN AMRO Bank N.V.1,709,588$346.9M3.41%+53,588+3.2%Added
Employees Provident Fund Board1,694,633$345.1M2.77%+151,788+9.8%Added
Alliancebernstein L.P.1,690,807$344.3M0.11%−330,332−16.3%Reduced
Voya Investment Management LLC1,572,908$320.3M0.32%−40,556−2.5%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,518,765$308.7M0.80%+287,945+23.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,445,107$294.3M0.21%+76,296+5.6%Added
Fifth Third Bancorp1,435,149$292.2M0.93%+56,993+4.1%Added
HSBC Holdings PLC1,390,603$283.0M0.17%−205,657−12.9%Reduced
US Bancorp1,364,442$277.8M0.33%+8,344+0.6%Added
Blair William & Co1,237,864$252.1M0.67%+79,978+6.9%Added
CI Private Wealth, LLC1,208,797$246.1M0.39%−312,508−20.5%Reduced
Rhumbline Advisers1,195,779$243.5M0.20%−8,495−0.7%Reduced
Dimensional Fund Advisors LP1,185,262$241.3M0.05%+13,700+1.2%Added
Principal Financial Group Inc1,168,576$237.9M0.12%+89,046+8.2%Added
Envestnet Asset Management Inc1,162,652$236.7M0.07%+86,427+8.0%Added
BNP Paribas Arbitrage, SA1,064,019$216.7M0.17%+102,133+10.6%Added
Compagnie Lombard Odier SCmA1,037,638$211.3M2.33%+48,601+4.9%Added
Candriam Luxembourg S.C.A.1,035,212$210.8M1.10%+224,315+27.7%Added
California State Teachers Retirement System1,031,823$210.1M0.22%+6,493+0.6%Added
AXA Investment Managers S.A.1,000,567$203.7M0.55%+1,000,567New
CIBC Private Wealth Group, LLC979,731$199.5M0.34%−13,245−1.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH976,558$198.8M0.33%−49,632−4.8%Reduced
Primecap Management Co972,250$198.0M0.15%−33,590−3.3%Reduced
B. Metzler seel. Sohn & Co. AG946,277$192.7M1.70%+16,950+1.8%Added
Rockefeller Capital Management L.P.945,550$192.5M0.38%+96,221+11.3%Added
Neuberger Berman Group LLC942,570$191.9M0.14%−9,094−1.0%Reduced
Bank Julius Baer & Co. Ltd, Zurich932,330$189.8M0.54%+10,422+1.1%Added
Railway Pension Investments Ltd921,506$187.6M2.54%+470,100+104.1%Added
Storebrand Asset Management AS910,396$185.4M0.49%+24,112+2.7%Added
Cerity Partners LLC900,934$183.4M0.30%+27,808+3.2%Added
Quilter Plc897,973$182.8M3.14%+83,978+10.3%Added
Credit Agricole S A871,535$177.5M0.59%+871,535New
Rathbone Brothers plc868,983$176.9M0.72%+9,816+1.1%Added
ProShare Advisors LLC866,568$176.5M0.37%−186,413−17.7%Reduced
Omers Administration Corp858,859$174.9M1.25%+835,861+3,634.5%Added
Susquehanna International Group, LLP809,527$164.8M0.24%+733,653+966.9%Added
Great West Life Assurance Co800,800$163.3M0.23%+27,991+3.6%Added
Mirae Asset Global ETFs Holdings Ltd.796,375$162.2M0.26%+796,375New
TCW Group Inc793,686$161.6M1.35%−204,561−20.5%Reduced
New York State Common Retirement Fund784,292$159.7M0.21%−35,300−4.3%Reduced
Public Employees Retirement Association of Colorado779,574$158.7M0.58%+692,367+793.9%Added
Vident Advisory, LLC779,249$158.7M1.55%+92,114+13.4%Added
Janus Henderson Group PLC778,465$158.5M0.07%+175,604+29.1%Added
Truist Financial Corp777,399$158.3M0.21%+19,137+2.5%Added
King Luther Capital Management Corp767,711$156.3M0.64%+415,711+118.1%Added
Danske Bank A/S744,929$151.7M0.38%−163,289−18.0%Reduced
Bessemer Group Inc721,157$146.8M0.22%+703,044+3,881.4%Added
HighTower Advisors, LLC712,780$145.1M0.16%+75,026+11.8%Added
Lazard Asset Management LLC712,194$145.0M0.20%+240,851+51.1%Added
Captrust Financial Advisors702,861$143.1M0.29%−172,149−19.7%Reduced