Skip to main content

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, 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: 2,922 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 20262,922$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, 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
LGT Capital Partners Ltd.267,416$54.5M2.64%+144,616+117.8%Added
Tredje AP-fonden265,225$54.0M0.43%−152,506−36.5%Reduced
Public Employees Retirement System of Ohio262,403$53.4M0.17%−5,524−2.1%Reduced
Groupe la Francaise274,221$53.4M0.73%+66,667+32.1%Added
Groupama Asset Managment253,955$51.7M0.76%−122,920−32.6%Reduced
E. Ohman J:or Asset Management AB251,618$51.2M1.21%00.0%Unchanged
Eastern Bank251,076$51.1M0.91%+1,851+0.7%Added
Mn Services Vermogensbeheer B.V.250,400$51.0M0.33%+2,900+1.2%Added
The PNC Financial Services Group, Inc.249,413$50.8M0.03%+6,562+2.7%Added
Washington Trust Advisors, Inc.247,620$50.4M3.84%−2,193−0.9%Reduced
Ofi Invest Asset Management286,483$49.6M1.05%+64,620+29.1%Added
Thomasville National Bank239,306$48.7M3.07%−1,116−0.5%Reduced
Creative Planning239,007$48.7M0.04%+55,278+30.1%Added
Henshaw Capital LLC238,550$48.6M1.81%00.0%Unchanged
Sequoia Financial Advisors, LLC234,335$47.7M0.29%+40,241+20.7%Added
State of New Jersey Common Pension Fund D232,727$47.4M0.17%+11,247+5.1%Added
MML Investors Services, LLC231,999$47.2M0.13%+26,743+13.0%Added
Bank of Nova Scotia230,641$47.0M0.08%−135,523−37.0%Reduced
State of Tennessee, Treasury Department228,662$46.6M0.16%+16,107+7.6%Added
Swiss Life Asset Management Ltd228,111$46.4M0.24%+19,878+9.5%Added
Pacer Advisors, Inc.224,043$45.6M0.12%+5,423+2.5%Added
Nicholas Company, Inc.223,650$45.5M0.77%−43,467−16.3%Reduced
Adell Harriman & Carpenter Inc223,159$45.4M2.76%+8,220+3.8%Added
Triodos Investment Management BV221,300$45.0M3.26%−200−0.1%Reduced
RMB Capital Management, LLC220,534$44.9M0.82%−6,800−3.0%Reduced
Resona Asset Management Co.,Ltd.220,198$44.8M0.21%−3,988−1.8%Reduced
Healthcare of Ontario Pension Plan Trust Fund218,712$44.5M0.08%−45,938−17.4%Reduced
Howard Capital Management Group, LLC214,672$43.7M2.77%+1,175+0.6%Added
LGT Group Foundation211,194$43.7M0.50%+76,918+57.3%Added
Comerica Bank210,797$42.9M0.16%−30,858−12.8%Reduced
Glenmede Investment Management, LP209,092$42.6M0.21%+9,940+5.0%Added
Munich Reinsurance Co Stock Corp in Munich208,657$42.5M1.07%+208,657New
KBC Group NV205,787$41.9M0.10%−4,176−2.0%Reduced
Calamos Advisors LLC205,550$41.9M0.17%−63,632−23.6%Reduced
Quintet Private Bank (Europe) S.A.201,561$41.0M2.30%+1,590+0.8%Added
Ami Asset Management Corp197,954$40.3M2.25%−3,598−1.8%Reduced
Scotia Capital Inc.196,818$40.1M0.17%+51,687+35.6%Added
MetLife Investment Management196,645$40.0M0.19%−1,876−0.9%Reduced
Washington Trust Co196,562$40.0M1.31%−127−0.1%Reduced
Arizona State Retirement System194,729$39.7M0.21%+1,284+0.7%Added
Sands Capital Management, LLC194,619$39.6M0.11%+39,756+25.7%Added
Tocqueville Asset Management L.P.194,219$39.5M0.58%−4,114−2.1%Reduced
SEI Investments Co193,566$39.4M0.04%−16,038−7.7%Reduced
D. E. Shaw & Co., Inc.192,930$39.3M0.03%+175,195+987.8%Added
MayTech Global Investments, LLC192,843$39.3M4.10%−8,536−4.2%Reduced
Beacon Pointe Advisors, LLC192,542$39.2M0.33%−7,729−3.9%Reduced
Stock Yards Bank & Trust Co192,396$39.2M1.23%+13,900+7.8%Added
Gillespie Robinson & Grimm Inc190,120$38.7M2.72%+8,429+4.6%Added
Park National Corp185,664$37.8M1.18%+12,603+7.3%Added
Verition Fund Management LLC184,970$37.7M0.21%+66,514+56.2%Added
Allen Investment Management LLC184,202$37.5M0.42%00.0%Unchanged
Sanctuary Advisors, LLC181,816$37.0M0.21%+6,085+3.5%Added
State of Michigan Retirement System180,600$36.8M0.18%+600+0.3%Added
Atlantic Union Bankshares Corp180,011$36.7M0.69%+8,253+4.8%Added
F/M Investments LLC179,579$36.6M1.41%+8,621+5.0%Added
Ieq Capital, LLC179,009$36.4M0.11%+16,715+10.3%Added
Bartlett & Co. Wealth Management LLC178,286$36.3M0.48%+174,705+4,878.7%Added
Cambridge Investment Research Advisors, Inc.178,227$36.3M0.10%+26,553+17.5%Added
Chesley Taft & Associates LLC178,147$36.3M1.54%−4,017−2.2%Reduced
Trust Co of Vermont177,358$36.1M1.57%+9,634+5.7%Added
BIT Capital GmbH176,767$36.0M1.64%+170,289+2,628.7%Added
Tran Capital Management, L.P.175,264$35.7M4.27%−11,662−6.2%Reduced
Beacon Investment Advisory Services, Inc.171,855$35.0M1.47%−1,647−0.9%Reduced
Nissay Asset Management Corp171,728$35.0M0.19%+3,242+1.9%Added
Czech National Bank169,641$34.5M0.24%+7,801+4.8%Added
Badgley Phelps Wealth Managers, LLC169,119$34.4M0.72%−151−0.1%Reduced
Lyell Wealth Management, LP168,972$34.4M2.56%+4,136+2.5%Added
Mercer Global Advisors Inc168,565$34.3M0.06%+67,391+66.6%Added
Daiwa Securities Group Inc.166,151$33.8M0.11%−21,717−11.6%Reduced
Covea Finance166,000$33.8M1.18%+9,665+6.2%Added
Flputnam Investment Management Co165,126$33.6M0.50%−4,199−2.5%Reduced
Gradient Investments LLC163,746$33.3M0.56%+11,226+7.4%Added
GF Fund Management Co. Ltd.163,494$33.3M0.60%+21,152+14.9%Added
Xponance, Inc.161,755$32.9M0.26%−156−0.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys160,396$32.7M0.16%−1,988−1.2%Reduced
Skandinaviska Enskilda Banken AB (publ)159,766$32.5M0.13%−16,755−9.5%Reduced
Wesbanco Bank Inc159,589$32.5M0.90%+1,820+1.2%Added
Harel Insurance Investments & Financial Services Ltd.159,639$32.5M0.29%+14,670+10.1%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund157,025$32.0M0.28%+36,629+30.4%Added
Alyeska Investment Group, L.P.156,942$32.0M0.10%+156,942New
Private Capital Advisors, Inc.152,398$31.0M3.45%00.0%Unchanged
Hancock Whitney Corp150,884$30.7M0.56%−1,835−1.2%Reduced
J. Safra Sarasin Holding AG150,778$30.7M0.50%+89,331+145.4%Added
Amalgamated Bank149,259$30.4M0.22%+3,085+2.1%Added
Shelton Capital Management147,951$30.1M0.65%+12,291+9.1%Added
Welch & Forbes LLC147,526$30.0M0.36%+128,927+693.2%Added
Segall Bryant & Hamill, LLC146,607$29.9M0.40%−16,606−10.2%Reduced
iA Global Asset Management Inc.146,498$29.8M0.41%+72,650+98.4%Added
Forsta Ap-Fonden146,100$29.7M0.18%−85,200−36.8%Reduced
Motley Fool Wealth Management, LLC145,571$29.6M2.01%−20,213−12.2%Reduced
Jones Financial Companies LLLP143,638$29.1M0.02%+31,079+27.6%Added
Retirement Systems of Alabama142,483$29.0M0.10%+409+0.3%Added
Eventide Asset Management, LLC140,897$28.7M0.47%+8,106+6.1%Added
Northeast Investment Management140,227$28.6M1.15%+8,786+6.7%Added
Crosslink Capital Inc140,201$28.5M2.08%+80+0.1%Added
Marco Investment Management LLC139,912$28.5M2.18%+418+0.3%Added
St Germain D J Co Inc138,897$28.3M1.13%+32,523+30.6%Added
Harvest Portfolios Group Inc.138,791$28.3M0.52%+12,904+10.3%Added
Ilmarinen Mutual Pension Insurance Co138,177$28.1M0.21%−6,323−4.4%Reduced
Close Asset Management Ltd136,779$27.8M0.62%−22,662−14.2%Reduced