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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 9 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
KMG Fiduciary Partners, LLC40,178$8.18M0.55%+1,528+4.0%Added
LMR Partners LLP40,048$8.15M0.11%+40,048New
Mirova39,935$8.13M1.15%+9,287+30.3%Added
Ascent Wealth Partners, LLC39,903$8.13M0.94%+228+0.6%Added
Canvas Wealth Advisors, LLC39,142$8.11M1.47%+8,223+26.6%Added
Evelyn Partners Investment Management LLP39,806$8.11M0.23%+3,535+9.7%Added
Smithbridge Asset Management Inc39,669$8.08M1.17%−786−1.9%Reduced
AE Wealth Management LLC39,513$8.05M0.05%+8,232+26.3%Added
Tiaa Trust, National Association39,359$8.01M0.02%−95,489−70.8%Reduced
Clough Capital Partners L P39,279$8.00M0.71%−33,464−46.0%Reduced
Dai-Ichi Life Insurance Company, Ltd39,168$7.98M0.20%−23,005−37.0%Reduced
Hartford Investment Management Co39,144$7.97M0.24%−814−2.0%Reduced
Welch Group, LLC38,906$7.92M0.31%+38,906New
Leonteq Securities AG38,623$7.86M0.42%+4,345+12.7%Added
Northwest & Ethical Investments L.P.38,533$7.85M0.19%+270+0.7%Added
Riggs Asset Managment Co. Inc.38,280$7.79M1.69%+248+0.7%Added
Forbes J M & Co LLP38,108$7.76M0.64%+807+2.2%Added
Brevan Howard Capital Management LP37,889$7.71M0.11%+5,113+15.6%Added
Appleton Partners Inc37,845$7.71M0.52%−373−1.0%Reduced
Modus Advisors, LLC37,818$7.70M2.09%+79+0.2%Added
TIG Advisors, LLC37,642$7.66M0.47%+37,642New
Fortis Capital Management LLC37,573$7.65M1.08%+2,117+6.0%Added
Ayrshire Capital Management LLC37,418$7.62M3.54%+37,418New
Great Valley Advisor Group, Inc.37,201$7.58M0.15%+775+2.1%Added
Burns J W & Co Inc37,144$7.56M0.86%+3,430+10.2%Added
New Age Alpha Advisors, LLC36,969$7.53M0.32%−2,582−6.5%Reduced
Merit Financial Group, LLC36,910$7.52M0.07%−61−0.2%Reduced
Linscomb & Williams, Inc.36,529$7.44M0.32%−1,433−3.8%Reduced
China Universal Asset Management Co., Ltd.36,458$7.42M0.61%+2,519+7.4%Added
M.D. Sass Investors Services, Inc.36,228$7.38M0.60%+8,516+30.7%Added
Goodman Advisory Group, LLC36,165$7.36M1.83%+9,383+35.0%Added
Whalerock Point Partners, LLC36,093$7.35M1.49%+3,450+10.6%Added
Crossmark Global Holdings, Inc.35,482$7.22M0.11%−3,875−9.8%Reduced
Thrivent Financial for Lutherans35,478$7.22M0.01%−13,350−27.3%Reduced
Beck Capital Management, LLC35,477$7.22M1.67%−437−1.2%Reduced
J.W. Cole Advisors, Inc.35,443$7.22M0.14%+2,686+8.2%Added
SFMG, LLC35,435$7.22M0.50%+1,247+3.6%Added
Temasek Holdings (Private) Ltd35,410$7.21M0.03%+14,969+73.2%Added
Reliant Investment Management, LLC35,055$7.14M2.71%+1,035+3.0%Added
Freestone Capital Holdings, LLC35,040$7.13M0.22%−1,669−4.5%Reduced
Integrated Wealth Concepts LLC35,033$7.13M0.06%+2,605+8.0%Added
Clal Insurance Enterprises Holdings Ltd35,000$7.13M0.05%−285,000−89.1%Reduced
Main Street Research LLC34,452$7.02M0.38%+21,306+162.1%Added
Waldron Private Wealth LLC34,399$7.00M0.28%+300+0.9%Added
Dynamic Advisor Solutions LLC34,350$6.99M0.20%+1,274+3.9%Added
Keybank National Association34,296$6.98M0.02%−1,118−3.2%Reduced
Stanley-Laman Group, Ltd.34,147$6.95M0.99%+34,147New
NBT Bank N A33,943$6.91M0.45%+4,278+14.4%Added
Ipswich Investment Management Co., Inc.33,926$6.91M1.61%+1,591+4.9%Added
Gulf International Bank (UK) Ltd33,819$6.89M0.23%−549−1.6%Reduced
Nordwand Advisors, LLC33,757$6.87M1.09%+2,240+7.1%Added
Jamison Private Wealth Management, Inc.33,647$6.85M0.87%+635+1.9%Added
Argent Trust Co33,622$6.85M0.24%+1,542+4.8%Added
Spahn Wealth & Retirement LLC33,400$6.80M4.03%−800−2.3%Reduced
Ashton Thomas Private Wealth, LLC33,255$6.77M0.18%+13,521+68.5%Added
SBI Securities Co., Ltd.33,108$6.74M0.17%+2,315+7.5%Added
Weatherly Asset Management L. P.33,072$6.73M0.55%−180−0.5%Reduced
Meridian Wealth Management, LLC32,973$6.71M0.26%+385+1.2%Added
Camden Capital, LLC32,850$6.69M0.46%+6,410+24.2%Added
Nia Impact Advisors, LLC32,787$6.68M2.17%−6,103−15.7%Reduced
Maryland State Retirement & Pension System32,756$6.67M0.14%+829+2.6%Added
Gladstone Institutional Advisory LLC32,702$6.66M0.26%+4,645+16.6%Added
S&T Bank32,431$6.60M1.86%−3,997−11.0%Reduced
Securian Asset Management, Inc32,232$6.56M0.17%−2,345−6.8%Reduced
Exchange Traded Concepts, LLC32,155$6.55M0.06%+7,301+29.4%Added
BNC Wealth Management, LLC32,009$6.52M1.65%+764+2.4%Added
Nicollet Investment Management, Inc.31,949$6.50M2.12%−1,480−4.4%Reduced
Hudson Bay Capital Management LP31,711$6.46M0.04%+31,711New
Linden Thomas Advisory Services, LLC31,422$6.40M0.65%+1,176+3.9%Added
Ardsley Advisory Partners LP31,300$6.37M0.98%+11,800+60.5%Added
Callan Family Office, LLC31,285$6.37M0.20%+249+0.8%Added
Metis Global Partners, LLC31,279$6.37M0.15%+1,179+3.9%Added
Trivest Advisors Ltd31,200$6.35M0.20%+31,200New
Legal Advantage Investments, Inc.30,790$6.27M2.82%+2,790+10.0%Added
Bouvel Investment Partners, LLC30,630$6.24M1.91%−446−1.4%Reduced
IHT Wealth Management, LLC30,614$6.23M0.16%+2,261+8.0%Added
Caisse des Depots Et Consignations30,214$6.15M0.26%00.0%Unchanged
KKM Financial LLC30,006$6.11M1.92%+3,206+12.0%Added
Morse Asset Management, Inc29,992$6.11M1.22%−636−2.1%Reduced
New Mexico Educational Retirement Board29,900$6.09M0.19%−700−2.3%Reduced
Valeo Financial Advisors, LLC29,810$6.07M0.14%+413+1.4%Added
Baker Avenue Asset Management, LP29,664$6.04M0.14%+11,459+62.9%Added
Trinity Legacy Partners, LLC27,327$6.02M1.39%+488+1.8%Added
Perigon Wealth Management, LLC29,517$6.01M0.12%+8,998+43.9%Added
UNICOM Systems, Inc.29,500$6.01M0.59%00.0%Unchanged
Vestmark Advisory Solutions, Inc.29,237$5.95M0.11%+7,127+32.2%Added
Ingalls & Snyder LLC29,129$5.93M0.19%+6,564+29.1%Added
InTrack Investment Management Inc29,063$5.92M3.53%+417+1.5%Added
Landscape Capital Management, L.L.C.29,048$5.91M0.38%+29,048New
Ramsay, Stattman, Vela & Price, Inc.28,970$5.90M1.06%00.0%Unchanged
Alpine Woods Capital Investors, LLC28,957$5.90M1.37%+640+2.3%Added
Sycomore Asset Management17,365$5.88M0.98%00.0%Unchanged
RSM US Wealth Management LLC28,880$5.88M0.08%+4,098+16.5%Added
Norway Savings Bank28,862$5.88M2.84%−64−0.2%Reduced
Highline Wealth Partners LLC28,766$5.86M1.58%−17−0.1%Reduced
Ameritas Investment Partners, Inc.28,737$5.85M0.18%+304+1.1%Added
Illinois Municipal Retirement Fund28,663$5.84M0.07%−2,643−8.4%Reduced
Procyon Private Wealth Partners, LLC28,494$5.80M0.34%+4,279+17.7%Added
Cornerstone Wealth Group, LLC28,426$5.79M0.39%+1,010+3.7%Added
Sterling Capital Management LLC28,215$5.75M0.08%−4,226−13.0%Reduced