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, 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 2,922 | $227.1B |
| Q1 2026 | 2,482 | $103.3B |
| Q4 2025 | 2,536 | $106.6B |
| Q3 2025 | 2,434 | $112.2B |
| Q2 2025 | 2,377 | $107.3B |
| Q1 2025 | 2,261 | $87.7B |
| Q4 2024 | 2,296 | $92.9B |
| Q3 2024 | 2,070 | $85.2B |
| Q2 2024 | 2,012 | $84.1B |
| Q1 2024 | 1,902 | $70.1B |
| Q4 2023 | 1,840 | $76.5B |
| Q3 2023 | 1,638 | $62.0B |
| Q2 2023 | 1,594 | $68.5B |
| Q1 2023 | 1,472 | $51.2B |
| Q4 2022 | 1,378 | $35.1B |
| Q3 2022 | 1,356 | $41.6B |
| Q2 2022 | 1,330 | $42.9B |
| Q1 2022 | 1,317 | $53.6B |
| Q4 2021 | 1,226 | $46.6B |
| Q3 2021 | 1,093 | $41.0B |
| Q2 2021 | 987 | $30.3B |
| Q1 2021 | 968 | $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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Natixis Advisors, L.P. | 712,539 | $131.3M | 0.19% | +178,986+33.5% | Added |
| Mariner, LLC | 709,685 | $130.7M | 0.16% | +35,160+5.2% | Added |
| Robeco Institutional Asset Management B.V. | 707,882 | $130.4M | 0.19% | +50,469+7.7% | Added |
| Captrust Financial Advisors | 693,266 | $127.7M | 0.24% | −9,595−1.4% | Reduced |
| Davis R M Inc | 691,948 | $127.5M | 2.19% | −6,436−0.9% | Reduced |
| Anomaly Capital Management, LP | 691,037 | $127.3M | 4.57% | +392,399+131.4% | Added |
| Great West Life Assurance Co | 686,452 | $126.5M | 0.22% | −114,348−14.3% | Reduced |
| HighTower Advisors, LLC | 684,472 | $126.1M | 0.14% | −28,308−4.0% | Reduced |
| Korea Investment CORP | 682,172 | $125.7M | 0.25% | +7,554+1.1% | Added |
| Bridges Investment Management Inc | 674,387 | $124.2M | 1.58% | −12,935−1.9% | Reduced |
| Employees Retirement System of Texas | 661,826 | $121.9M | 0.99% | +127,570+23.9% | Added |
| Credit Agricole S A | 647,855 | $119.3M | 0.33% | −223,680−25.7% | Reduced |
| Jane Street Group, LLC | 642,803 | $118.4M | 0.14% | −1,967,263−75.4% | Reduced |
| Manufacturers Life Insurance Company, The | 636,998 | $117.4M | 0.10% | +239,509+60.3% | Added |
| Wellington Management Group LLP | 636,632 | $117.3M | 0.02% | +8,974+1.4% | Added |
| Penserra Capital Management LLC | 629,312 | $115.9M | 1.38% | −39,000−5.8% | Reduced |
| DekaBank Deutsche Girozentrale | 353,610 | $113.7M | 0.21% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 607,243 | $112.1M | 0.12% | +30,794+5.3% | Added |
| Standard Life Aberdeen plc | 601,775 | $110.8M | 0.17% | +2,632+0.4% | Added |
| Ensign Peak Advisors, Inc | 601,589 | $110.8M | 0.20% | +20,401+3.5% | Added |
| Huntington National Bank | 588,541 | $108.4M | 0.65% | +16,775+2.9% | Added |
| State Board of Administration of Florida Retirement System | 586,948 | $108.1M | 0.19% | −13,674−2.3% | Reduced |
| Toroso Investments, LLC | 574,196 | $105.8M | 0.44% | +80,181+16.2% | Added |
| Aviva PLC | 568,804 | $104.8M | 0.18% | +29,230+5.4% | Added |
| Colony Group, LLC | 565,485 | $104.2M | 0.12% | +29,160+5.4% | Added |
| Heritage Investors Management Corp | 560,458 | $103.2M | 3.01% | −4,594−0.8% | Reduced |
| Alecta Pensionsforsakring, Omsesidigt | 555,000 | $102.2M | 0.45% | +555,000 | New |
| Handelsbanken Fonder AB | 547,696 | $100.9M | 0.30% | +113,795+26.2% | Added |
| Congress Asset Management Co | 546,067 | $100.6M | 0.71% | −11,047−2.0% | Reduced |
| Alpha Cubed Investments, LLC | 539,031 | $99.3M | 3.40% | −15,554−2.8% | Reduced |
| Davenport & Co LLC | 536,904 | $99.2M | 0.54% | −3,254−0.6% | Reduced |
| GWM Advisors LLC | 525,780 | $96.8M | 0.35% | +418,359+389.5% | Added |
| New York State Teachers Retirement System | 520,925 | $96.0M | 0.19% | −5,369−1.0% | Reduced |
| Bowen Hanes & Co Inc | 505,656 | $93.1M | 2.34% | −1,875−0.4% | Reduced |
| Baird Financial Group, Inc. | 502,107 | $92.5M | 0.14% | −21,885−4.2% | Reduced |
| TD Waterhouse Canada Inc. | 501,300 | $92.3M | 0.57% | +12,758+2.6% | Added |
| Commonwealth Equity Services, LLC | 497,062 | $91.6M | 0.12% | −44,883−8.3% | Reduced |
| Northwestern Mutual Wealth Management Co | 496,967 | $91.5M | 0.06% | +13,956+2.9% | Added |
| Quantinno Capital Management LP | 493,364 | $90.9M | 0.18% | +39,241+8.6% | Added |
| Commerce Bank | 492,848 | $90.8M | 0.50% | +62,956+14.6% | Added |
| Scotia Capital Inc. | 487,452 | $89.8M | 0.36% | +290,634+147.7% | Added |
| DJE Kapital AG | 464,875 | $86.3M | 2.39% | −120,877−20.6% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 460,550 | $85.9M | 0.12% | −13,264−2.8% | Reduced |
| SG Americas Securities, LLC | 457,556 | $84.3M | 0.11% | −2,061,990−81.8% | Reduced |
| Advisor Group Holdings, Inc. | 454,583 | $83.7M | 0.12% | +34,410+8.2% | Added |
| Westfield Capital Management Co LP | 448,460 | $82.6M | 0.34% | +78,101+21.1% | Added |
| Klingenstein Fields & Co LP | 437,975 | $80.7M | 3.03% | −6,556−1.5% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 436,407 | $80.4M | 0.22% | +59,888+15.9% | Added |
| Nomura Asset Management Co Ltd | 420,272 | $77.4M | 0.20% | −43,380−9.4% | Reduced |
| Champlain Investment Partners, LLC | 418,715 | $77.1M | 0.78% | −84,500−16.8% | Reduced |
| Junto Capital Management LP | 417,304 | $76.9M | 1.72% | +417,304 | New |
| Federation des caisses Desjardins du Quebec | 416,128 | $76.7M | 0.29% | −1,159−0.3% | Reduced |
| Cetera Investment Advisers | 416,008 | $76.6M | 0.08% | −77,982−15.8% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 413,433 | $76.2M | 0.38% | +14,648+3.7% | Added |
| APG Asset Management N.V. | 481,095 | $75.5M | 0.21% | −22,846−4.5% | Reduced |
| Steward Partners Investment Advisory, LLC | 409,391 | $75.4M | 0.41% | −36,645−8.2% | Reduced |
| Pinebridge Investments LLC | 405,018 | $74.6M | 0.55% | +405,018 | New |
| Sandhill Capital Partners LLC | 400,833 | $73.8M | 5.26% | −13,712−3.3% | Reduced |
| TD Asset Management Inc | 398,503 | $73.4M | 0.06% | +28,232+7.6% | Added |
| PFA Pension, Forsikringsaktieselskab | 365,622 | $68.3M | 0.19% | +365,622 | New |
| State of Wisconsin Investment Board | 369,914 | $68.1M | 0.15% | +19,557+5.6% | Added |
| Vontobel Holding Ltd. | 367,832 | $67.8M | 0.22% | +20,278+5.8% | Added |
| NEOS Investment Management LLC | 367,464 | $67.7M | 0.39% | +89,863+32.4% | Added |
| CIBC Asset Management Inc | 364,357 | $67.1M | 0.16% | +82,160+29.1% | Added |
| Treasurer of the State of North Carolina | 363,483 | $67.0M | 0.21% | −14,136−3.7% | Reduced |
| Toronto Dominion Bank | 361,980 | $66.7M | 0.12% | −25,519−6.6% | Reduced |
| Stony Point Capital LLC | 359,949 | $66.3M | 4.89% | +8,624+2.5% | Added |
| Panagora Asset Management Inc | 358,627 | $66.1M | 0.23% | −172,488−32.5% | Reduced |
| Advisors Capital Management, LLC | 357,071 | $65.8M | 0.77% | +9,264+2.7% | Added |
| Janney Montgomery Scott LLC | 356,916 | $65.7M | 0.15% | +26,702+8.1% | Added |
| Asset Management One Co.,Ltd. | 349,273 | $65.2M | 0.18% | +3,962+1.1% | Added |
| Erste Asset Management GmbH | 347,132 | $65.0M | 0.55% | +63,300+22.3% | Added |
| Chevy Chase Trust Holdings, Inc. | 347,508 | $64.0M | 0.17% | +5,770+1.7% | Added |
| Liontrust Investment Partners LLP | 347,216 | $64.0M | 0.95% | −32,352−8.5% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 344,029 | $63.4M | 0.25% | +184,263+115.3% | Added |
| Capital Advisors Inc | 342,005 | $63.0M | 1.01% | +30,969+10.0% | Added |
| Banque Transatlantique SA | 340,085 | $62.8M | 1.52% | +8,659+2.6% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 340,209 | $62.7M | 0.15% | −32,370−8.7% | Reduced |
| Lido Advisors, LLC | 309,630 | $62.1M | 0.24% | +1,976+0.6% | Added |
| Prudential Financial Inc | 328,669 | $60.5M | 0.07% | −35,693−9.8% | Reduced |
| Royal London Asset Management Ltd | 328,098 | $60.4M | 0.13% | −1,943−0.6% | Reduced |
| Raiffeisen Bank International AG | 309,964 | $57.9M | 0.75% | −31,220−9.2% | Reduced |
| Mogy Joel R Investment Counsel Inc | 310,679 | $57.2M | 3.10% | +818+0.3% | Added |
| STRS Ohio | 308,976 | $56.9M | 0.21% | −2,674−0.9% | Reduced |
| La Banque Postale Asset Management SA | 304,035 | $56.0M | 0.65% | −1,709−0.6% | Reduced |
| Commerzbank Aktiengesellschaft | 302,572 | $55.7M | 1.13% | −46,419−13.3% | Reduced |
| BNP Paribas | 299,413 | $55.3M | 1.58% | −1,284−0.4% | Reduced |
| Allianz Asset Management GmbH | 298,315 | $54.9M | 0.06% | +30,590+11.4% | Added |
| Trillium Asset Management, LLC | 292,513 | $54.5M | 1.67% | −47,943−14.1% | Reduced |
| Guggenheim Capital LLC | 291,313 | $53.7M | 0.39% | −19,994−6.4% | Reduced |
| KLP Kapitalforvaltning AS | 290,142 | $53.4M | 0.21% | +8,900+3.2% | Added |
| Zevenbergen Capital Investments LLC | 289,228 | $53.3M | 1.18% | −71,909−19.9% | Reduced |
| Atalanta Sosnoff Capital, LLC | 285,668 | $52.6M | 1.03% | −3,575−1.2% | Reduced |
| Rafferty Asset Management, LLC | 284,483 | $52.4M | 0.18% | −7,320−2.5% | Reduced |
| Bank of Nova Scotia | 284,427 | $52.4M | 0.08% | +53,786+23.3% | Added |
| Public Employees Retirement System of Ohio | 273,350 | $50.4M | 0.16% | +10,947+4.2% | Added |
| Creative Planning | 270,870 | $49.9M | 0.04% | +31,863+13.3% | Added |
| Caisse de Depot Et Placement du Quebec | 267,507 | $49.3M | 0.08% | −85,992−24.3% | Reduced |
| Union Bancaire Privee, UBP SA | 281,696 | $49.2M | 0.82% | −6,988−2.4% | Reduced |
| Bartlett & Co. Wealth Management LLC | 264,643 | $48.7M | 0.64% | +86,357+48.4% | Added |