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 |
|---|---|---|---|---|---|
| Pacer Advisors, Inc. | 257,555 | $47.4M | 0.12% | +33,512+15.0% | Added |
| Mn Services Vermogensbeheer B.V. | 256,529 | $47.3M | 0.29% | +6,129+2.4% | Added |
| Phoenix Holdings Ltd. | 254,665 | $46.9M | 0.51% | −206,432−44.8% | Reduced |
| MML Investors Services, LLC | 252,895 | $46.6M | 0.11% | +20,896+9.0% | Added |
| Swiss Life Asset Management Ltd | 250,135 | $46.1M | 0.23% | +22,024+9.7% | Added |
| Adage Capital Partners GP, L.L.C. | 248,776 | $45.8M | 0.07% | +155,897+167.8% | Added |
| The PNC Financial Services Group, Inc. | 247,391 | $45.6M | 0.02% | −2,022−0.8% | Reduced |
| Eastern Bank | 246,445 | $45.4M | 0.78% | −4,631−1.8% | Reduced |
| Holocene Advisors, LP | 243,734 | $44.9M | 0.09% | −171,836−41.3% | Reduced |
| Washington Trust Advisors, Inc. | 243,054 | $44.8M | 3.42% | −4,566−1.8% | Reduced |
| Ofi Invest Asset Management | 282,132 | $44.4M | 0.63% | −4,351−1.5% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 240,488 | $44.3M | 0.07% | +21,776+10.0% | Added |
| Groupama Asset Managment | 240,879 | $44.2M | 0.65% | −13,076−5.1% | Reduced |
| Thomasville National Bank | 239,793 | $44.2M | 2.74% | +487+0.2% | Added |
| E. Ohman J:or Asset Management AB | 239,195 | $44.1M | 1.03% | −12,423−4.9% | Reduced |
| Henshaw Capital LLC | 238,550 | $43.9M | 1.58% | 00.0% | Unchanged |
| Welch & Forbes LLC | 234,423 | $43.2M | 0.52% | +86,897+58.9% | Added |
| LGT Group Foundation | 230,659 | $43.1M | 0.47% | +19,465+9.2% | Added |
| CIBC World Markets Inc. | 229,954 | $42.4M | 0.08% | −59,155−20.5% | Reduced |
| State of New Jersey Common Pension Fund D | 229,156 | $42.2M | 0.15% | −3,571−1.5% | Reduced |
| Nicholas Company, Inc. | 223,650 | $41.2M | 0.72% | 00.0% | Unchanged |
| Triodos Investment Management BV | 219,600 | $41.0M | 2.97% | −1,700−0.8% | Reduced |
| Adell Harriman & Carpenter Inc | 222,455 | $41.0M | 2.45% | −704−0.3% | Reduced |
| LGT Capital Partners Ltd. | 221,933 | $40.9M | 2.03% | −45,483−17.0% | Reduced |
| Sequoia Financial Advisors, LLC | 221,141 | $40.7M | 0.23% | −13,194−5.6% | Reduced |
| State of Tennessee, Treasury Department | 229,939 | $40.7M | 0.13% | +1,277+0.6% | Added |
| Mairs & Power Inc | 220,647 | $40.6M | 0.39% | +109,405+98.3% | Added |
| RMB Capital Management, LLC | 217,090 | $40.0M | 0.69% | −3,444−1.6% | Reduced |
| Resona Asset Management Co.,Ltd. | 215,477 | $39.8M | 0.19% | −4,721−2.1% | Reduced |
| Munich Reinsurance Co Stock Corp in Munich | 211,448 | $39.5M | 0.96% | +2,791+1.3% | Added |
| Glenmede Trust Co NA | 210,858 | $38.8M | 0.18% | +210,858 | New |
| Howard Capital Management Group, LLC | 209,620 | $38.6M | 2.44% | −5,052−2.4% | Reduced |
| KBC Group NV | 208,845 | $38.5M | 0.09% | +3,058+1.5% | Added |
| Park National Corp | 208,583 | $38.4M | 1.20% | +22,919+12.3% | Added |
| Ieq Capital, LLC | 204,710 | $37.7M | 0.11% | +25,701+14.4% | Added |
| Wiley Bros.-Aintree Capital, LLC | 201,599 | $37.2M | 0.19% | +85,844+74.2% | Added |
| Quintet Private Bank (Europe) S.A. | 199,639 | $36.8M | 2.14% | −1,922−1.0% | Reduced |
| Calamos Advisors LLC | 199,253 | $36.7M | 0.15% | −6,297−3.1% | Reduced |
| Comerica Bank | 198,502 | $36.6M | 0.15% | −12,295−5.8% | Reduced |
| Groupe la Francaise | 205,463 | $36.5M | 0.53% | −68,758−25.1% | Reduced |
| Life Cycle Investment Partners Ltd | 196,738 | $36.2M | 0.25% | +196,738 | New |
| MetLife Investment Management | 196,143 | $36.1M | 0.17% | −502−0.3% | Reduced |
| Stock Yards Bank & Trust Co | 195,721 | $36.1M | 1.10% | +3,325+1.7% | Added |
| Mackenzie Financial Corp | 192,183 | $35.8M | 0.04% | +78,725+69.4% | Added |
| Sanctuary Advisors, LLC | 194,056 | $35.7M | 0.20% | +12,240+6.7% | Added |
| Beacon Pointe Advisors, LLC | 193,848 | $35.7M | 0.25% | +1,306+0.7% | Added |
| Washington Trust Co | 193,692 | $35.7M | 1.17% | −2,870−1.5% | Reduced |
| MayTech Global Investments, LLC | 193,227 | $35.6M | 3.60% | +384+0.2% | Added |
| Ami Asset Management Corp | 192,938 | $35.5M | 2.02% | −5,016−2.5% | Reduced |
| Chesley Taft & Associates LLC | 191,466 | $35.3M | 1.39% | +13,319+7.5% | Added |
| Cercano Management LLC | 190,830 | $35.2M | 1.33% | +94,740+98.6% | Added |
| Arizona State Retirement System | 190,704 | $35.1M | 0.19% | −4,025−2.1% | Reduced |
| Tocqueville Asset Management L.P. | 190,440 | $35.1M | 0.51% | −3,779−1.9% | Reduced |
| SEI Investments Co | 189,674 | $34.9M | 0.03% | −3,892−2.0% | Reduced |
| Gillespie Robinson & Grimm Inc | 187,822 | $34.6M | 2.43% | −2,298−1.2% | Reduced |
| Jones Financial Companies LLLP | 187,452 | $34.5M | 0.02% | +43,814+30.5% | Added |
| Nissay Asset Management Corp | 185,634 | $34.2M | 0.18% | +13,906+8.1% | Added |
| Trust Co of Vermont | 185,267 | $34.1M | 1.42% | +7,909+4.5% | Added |
| Allen Investment Management LLC | 184,801 | $34.1M | 0.38% | +599+0.3% | Added |
| Abn Amro Investment Solutions | 184,265 | $33.9M | 0.50% | +62,801+51.7% | Added |
| GF Fund Management Co. Ltd. | 181,902 | $33.5M | 0.57% | +18,408+11.3% | Added |
| Atlantic Union Bankshares Corp | 180,550 | $33.3M | 0.62% | +539+0.3% | Added |
| Czech National Bank | 180,355 | $33.2M | 0.22% | +10,714+6.3% | Added |
| Daiwa Securities Group Inc. | 179,314 | $33.0M | 0.11% | +13,163+7.9% | Added |
| State of Michigan Retirement System | 179,100 | $33.0M | 0.16% | −1,500−0.8% | Reduced |
| EP Wealth Advisors, LLC | 179,052 | $33.0M | 0.17% | +179,052 | New |
| Tredje AP-fonden | 175,607 | $32.3M | 0.24% | −89,618−33.8% | Reduced |
| Tran Capital Management, L.P. | 175,133 | $32.3M | 3.86% | −131−0.1% | Reduced |
| F/M Investments LLC | 175,043 | $32.2M | 1.23% | −4,536−2.5% | Reduced |
| Mercer Global Advisors Inc | 174,226 | $32.1M | 0.05% | +5,661+3.4% | Added |
| Xponance, Inc. | 173,939 | $32.0M | 0.24% | +12,184+7.5% | Added |
| Gradient Investments LLC | 172,928 | $31.9M | 0.51% | +9,182+5.6% | Added |
| D. E. Shaw & Co., Inc. | 172,886 | $31.8M | 0.02% | −20,044−10.4% | Reduced |
| Badgley Phelps Wealth Managers, LLC | 172,361 | $31.7M | 0.58% | +3,242+1.9% | Added |
| Covea Finance | 171,900 | $31.7M | 1.04% | +5,900+3.6% | Added |
| Flputnam Investment Management Co | 170,296 | $31.4M | 0.46% | +5,170+3.1% | Added |
| Jump Financial, LLC | 169,872 | $31.3M | 0.39% | +148,064+678.9% | Added |
| Lyell Wealth Management, LP | 169,410 | $31.2M | 2.26% | +438+0.3% | Added |
| Anatole Investment Management Ltd | 168,289 | $31.0M | 5.17% | +168,289 | New |
| Beacon Investment Advisory Services, Inc. | 167,195 | $30.8M | 1.26% | −4,660−2.7% | Reduced |
| CWM, LLC | 166,625 | $30.7M | 0.08% | +57,011+52.0% | Added |
| Wesbanco Bank Inc | 165,841 | $30.5M | 0.84% | +6,252+3.9% | Added |
| Pinnacle Financial Partners, Inc. | 163,869 | $30.2M | 0.23% | +163,869 | New |
| Man Group plc | 163,592 | $30.1M | 0.06% | −171,992−51.3% | Reduced |
| Sands Capital Management, LLC | 162,963 | $30.0M | 0.09% | −31,656−16.3% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 159,751 | $29.4M | 0.08% | −18,476−10.4% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 159,098 | $29.3M | 0.15% | −1,298−0.8% | Reduced |
| Shelton Capital Management | 157,467 | $29.0M | 0.57% | +9,516+6.4% | Added |
| Northeast Investment Management | 157,191 | $29.0M | 1.13% | +16,964+12.1% | Added |
| Wedbush Fund Advisers, LLC | 156,794 | $28.9M | 2.99% | +156,794 | New |
| Harel Insurance Investments & Financial Services Ltd. | 156,476 | $28.8M | 0.25% | −3,163−2.0% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 155,525 | $28.6M | 0.24% | −1,500−1.0% | Reduced |
| iA Global Asset Management Inc. | 155,468 | $28.6M | 0.37% | +8,970+6.1% | Added |
| HRT Financial LP | 153,821 | $28.3M | 0.09% | −376,272−71.0% | Reduced |
| Amalgamated Bank | 149,832 | $27.6M | 0.20% | +573+0.4% | Added |
| Hancock Whitney Corp | 148,551 | $27.4M | 0.49% | −2,333−1.5% | Reduced |
| PensionDanmark Pensionsforsikringsaktieselskab | 146,186 | $26.9M | 0.24% | +146,186 | New |
| Eventide Asset Management, LLC | 145,891 | $26.9M | 0.42% | +4,994+3.5% | Added |
| Forsta Ap-Fonden | 145,900 | $26.9M | 0.16% | −200−0.1% | Reduced |
| M&T Bank Corp | 145,791 | $26.9M | 0.09% | +11,495+8.6% | Added |