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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, Q4 2025

Institutional positions in Palo Alto Networks Inc as of Dec 31, 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
2,536
+157 vs. Q3 2025
Shares held
578.8M
+30.6M (+5.6%) vs. Q3 2025
Total value
$106.6B
−$5.01B (−4.5%) vs. Q3 2025
New holders
324
1,122 more added
Sold out
167
813 more reduced

55 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 2,536 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 heldQ4 2025: $106.6B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Palo Alto Networks Inc; share changes are against Q3 2025.

Institutions holding PANW in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Gordian Capital Singapore Pte Ltd4,981$917.5K1.27%−2,020−28.9%Reduced
TSG Advice Partners, LLC4,983$917.9K0.14%+4,983New
Westfuller Advisors, LLC5,000$921.0K0.37%+16+0.3%Added
Marathon Trading Investment Management LLC5,000$921.0K0.11%+3,200+177.8%Added
Coquina Private Wealth LLC5,000$921.0K0.74%+5,000New
Red Reef Advisors LLC5,009$922.7K0.94%+5,009New
Simon Quick Advisors, LLC5,018$924.3K0.04%−213−4.1%Reduced
Means Investment Co., Inc.5,024$925.5K0.08%−72−1.4%Reduced
Sunbelt Securities, Inc.5,033$927.1K0.06%+24+0.5%Added
Flagship Harbor Advisors, LLC5,040$928.4K0.04%−5,168−50.6%Reduced
Larson Financial Group LLC5,047$929.7K0.03%+1,103+28.0%Added
Wellspring Financial Advisors, LLC4,862$931.5K0.07%+4,026+481.6%Added
Whalen Wealth Management Inc.5,065$932.9K0.50%−1,243−19.7%Reduced
1248 Management, LLC5,073$934.4K0.50%00.0%Unchanged
Odyssey Capital Advisors, Inc.5,088$937.2K0.83%+5,088New
PeakShares LLC5,100$939.4K0.92%+5,100New
Cim Investment Mangement Inc5,106$940.5K0.25%00.0%Unchanged
Triad Wealth Partners, LLC5,117$942.6K0.09%+4,079+393.0%Added
North Star Investment Management Corp.5,132$945.3K0.06%+42+0.8%Added
Livforsakringsbolaget Skandia, Omsesidigt5,178$953.7K0.04%00.0%Unchanged
Financial Management Network Inc5,318$953.9K0.15%−400−7.0%Reduced
Bank of Jackson Hole Trust5,190$956.0K0.45%−429−7.6%Reduced
Avantax Planning Partners, Inc.5,211$959.9K0.03%+370+7.6%Added
Eagle Strategies LLC5,255$968.0K0.12%+338+6.9%Added
Westwood Holdings Group Inc.5,273$971.3K0.01%−175−3.2%Reduced
South Dakota Investment Council5,291$975.0K0.02%−300−5.4%Reduced
Bernicke Wealth Management, Ltd.5,300$976.3K0.13%+5,300New
GeoWealth Management, LLC5,307$977.6K0.04%+336+6.8%Added
AAFMAA Wealth Management & Trust LLC5,329$981.6K0.38%−397−6.9%Reduced
Sara-Bay Financial5,254$981.7K0.29%00.0%Unchanged
Ameliora Wealth Management Ltd.5,337$983.1K0.30%+680+14.6%Added
Windle Wealth, LLC5,338$983.3K0.44%00.0%Unchanged
Leo Wealth, LLC5,346$984.8K0.07%+3,165+145.1%Added
SkyOak Wealth, LLC5,350$985.5K0.18%+1,700+46.6%Added
Opinicus Capital, Inc.5,361$987.5K0.69%+377+7.6%Added
Cfo Capital Management LLC5,363$987.9K0.74%+5,363New
Great Diamond Partners, LLC5,371$989.3K0.19%−133−2.4%Reduced
Bannerstone Capital Management, LLC5,371$989.3K0.95%+5,371New
Private Wealth Partners, LLC5,418$998.0K0.07%−564−9.4%Reduced
Creative Financial Designs Inc5,418$998.0K0.06%+732+15.6%Added
Advisory Alpha, LLC5,436$1.00M0.03%+1,120+25.9%Added
Renasant Bank5,450$1.00M0.68%+59+1.1%Added
Rydar Equities, Inc.5,446$1.00M0.78%+140+2.6%Added
Mesirow Financial Investment Management, Inc.5,458$1.01M0.02%+304+5.9%Added
Blodgett Wealth Advisors, LLC5,475$1.01M0.70%+225+4.3%Added
AlphaCore Capital LLC5,476$1.01M0.02%+1,457+36.3%Added
Wolff Wiese Magana LLC5,479$1.01M0.55%+629+13.0%Added
Triangle Securities Wealth Management5,482$1.01M0.21%−90−1.6%Reduced
Mad River Investors5,484$1.01M0.46%00.0%Unchanged
First United Bank Trust5,513$1.02M0.32%−5−0.1%Reduced
Marin Bay Wealth Advisors, LLC5,570$1.03M0.59%+5,570New
Ronald Blue Trust, Inc.5,573$1.03M0.01%−432−7.2%Reduced
Clarius Group, LLC5,573$1.03M0.06%−10.0%Reduced
Victory Financial Group, LLC5,594$1.03M0.13%+2,019+56.5%Added
Z3 Capital Partners, LLC5,599$1.03M0.25%+5,599New
Capital Planning Advisors, LLC5,601$1.03M0.14%−5−0.1%Reduced
111 Capital5,606$1.03M0.23%−529−8.6%Reduced
StoneX Group Inc.5,607$1.03M0.04%+3,111+124.6%Added
Chicago Partners Investment Group LLC5,758$1.04M0.03%−753−11.6%Reduced
Heartwood Wealth Advisors LLC5,651$1.04M0.10%+1,285+29.4%Added
Berkeley Capital Partners, LLC5,653$1.04M0.25%+37+0.7%Added
Quantessence Capital LLC5,659$1.04M12.06%+5,659New
Sheets Smith Wealth Management5,682$1.05M0.11%+277+5.1%Added
Guidance Capital, Inc5,753$1.05M0.26%+84+1.5%Added
Intact Investment Management Inc.5,700$1.05M0.03%+4,700+470.0%Added
Fairfield, Bush & Co.5,709$1.05M0.55%+230+4.2%Added
Essential Partners LLC5,710$1.05M0.32%−286−4.8%Reduced
Global Financial Private Client, LLC5,716$1.05M0.37%+70+1.2%Added
Spirit of America Management Corp5,750$1.06M0.22%+100+1.8%Added
International Private Wealth Advisors LLC5,765$1.06M0.67%+1,599+38.4%Added
Dara Capital US, Inc.5,771$1.06M0.94%+5,771New
Hilltop National Bank5,775$1.06M0.26%−98−1.7%Reduced
Mechanics Financial Corp5,778$1.06M0.39%−531−8.4%Reduced
Fiduciary Alliance LLC5,804$1.07M0.07%+1,220+26.6%Added
Prosperity Consulting Group, LLC5,810$1.07M0.05%−697−10.7%Reduced
Bank of Nova Scotia Trust Co5,812$1.07M0.09%+5,812New
Acorn Financial Advisory Services Inc5,814$1.07M0.16%−39−0.7%Reduced
Interchange Capital Partners, LLC5,833$1.07M0.20%+502+9.4%Added
Shum Financial Group, Inc.5,851$1.08M0.78%+462+8.6%Added
Unified Investment Management5,885$1.08M1.10%−38−0.6%Reduced
Prelude Capital Management, LLC5,900$1.09M0.08%−3,412−36.6%Reduced
Wincap Financial LLC5,908$1.09M0.75%−120−2.0%Reduced
CX Institutional5,926$1.09M0.03%+368+6.6%Added
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna5,929$1.09M0.41%+193+3.4%Added
Miramontes Capital, LLC5,934$1.09M0.37%+5,934New
Formidable Asset Management, LLC5,372$1.09M0.16%00.0%Unchanged
Gilliland Jeter Wealth Management LLC5,951$1.10M0.33%−535−8.2%Reduced
Bedell Frazier Investment Counseling, LLC5,978$1.10M0.21%+163+2.8%Added
Ameritas Advisory Services, LLC5,982$1.10M0.04%−1,622−21.3%Reduced
American Money Management, LLC5,990$1.10M0.17%−277−4.4%Reduced
Cito Capital Group, LLC6,000$1.10M0.32%00.0%Unchanged
Cullinan Associates Inc6,000$1.11M0.07%+4,400+275.0%Added
Becker Capital Management Inc6,007$1.11M0.03%−15−0.2%Reduced
OneAscent Financial Services LLC6,016$1.11M0.10%−12−0.2%Reduced
Agp Franklin, LLC6,058$1.12M0.52%+304+5.3%Added
Fort Washington Investment Advisors Inc6,061$1.12M0.01%+8+0.1%Added
Romano Brothers and Company6,090$1.12M0.13%−206−3.3%Reduced
Towarzystwo Funduszy Inwestycyjnych Pzu SA6,092$1.12M0.28%+2,917+91.9%Added
Lawood & Co6,097$1.12M1.06%+6,097New
Evermay Wealth Management LLC6,125$1.13M0.13%+265+4.5%Added