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 |
|---|---|---|---|---|---|
| Retirement Systems of Alabama | 145,507 | $26.8M | 0.09% | +3,024+2.1% | Added |
| St Germain D J Co Inc | 144,140 | $26.6M | 1.03% | +5,243+3.8% | Added |
| Franklin Street Advisors Inc | 143,715 | $26.5M | 1.51% | +11,534+8.7% | Added |
| Alta Park Capital, LP | 143,139 | $26.4M | 3.17% | +38,139+36.3% | Added |
| BIT Capital GmbH | 143,101 | $26.4M | 1.15% | −33,666−19.0% | Reduced |
| Kestra Advisory Services, LLC | 142,072 | $26.2M | 0.11% | +15,218+12.0% | Added |
| Brown Advisory Inc | 141,124 | $26.0M | 0.04% | +11,052+8.5% | Added |
| DnB Asset Management AS | 140,548 | $25.9M | 0.09% | +6,200+4.6% | Added |
| Marco Investment Management LLC | 138,505 | $25.5M | 1.92% | −1,407−1.0% | Reduced |
| Private Capital Advisors, Inc. | 137,958 | $25.4M | 2.59% | −14,440−9.5% | Reduced |
| William Blair Investment Management, LLC | 136,848 | $25.2M | 0.07% | +43,089+46.0% | Added |
| IFM Investors Pty Ltd | 136,056 | $25.1M | 0.21% | +5,132+3.9% | Added |
| Arcadia Investment Management Corp | 135,987 | $25.0M | 4.06% | +752+0.6% | Added |
| GuoLine Advisory Pte Ltd | 135,200 | $24.9M | 2.29% | 00.0% | Unchanged |
| Avalon Global Asset Management LLC | 134,640 | $24.8M | 5.51% | 00.0% | Unchanged |
| Philadelphia Trust Co | 132,544 | $24.4M | 1.68% | −1,882−1.4% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 132,298 | $24.4M | 0.19% | −5,879−4.3% | Reduced |
| Verition Fund Management LLC | 131,238 | $24.2M | 0.13% | −53,732−29.0% | Reduced |
| Sapient Capital LLC | 129,415 | $24.2M | 0.34% | +2,154+1.7% | Added |
| Crosslink Capital Inc | 130,778 | $24.1M | 1.87% | −9,423−6.7% | Reduced |
| Clarity Financial LLC | 130,629 | $24.1M | 2.23% | +2,370+1.8% | Added |
| Migdal Insurance & Financial Holdings Ltd. | 130,373 | $24.0M | 0.21% | −2,852−2.1% | Reduced |
| Segall Bryant & Hamill, LLC | 130,113 | $24.0M | 0.32% | −16,494−11.3% | Reduced |
| Harvest Portfolios Group Inc. | 129,343 | $23.8M | 0.41% | −9,448−6.8% | Reduced |
| Rakuten Investment Management, Inc. | 127,298 | $23.8M | 0.08% | +126,998+42,332.7% | Added |
| CIBC World Markets Corp | 128,757 | $23.7M | 0.12% | +128,757 | New |
| Close Asset Management Ltd | 127,441 | $23.5M | 0.52% | −9,338−6.8% | Reduced |
| Zacks Investment Management | 127,073 | $23.4M | 0.18% | −2,515−1.9% | Reduced |
| Banco Santander, S.A. | 125,202 | $23.1M | 0.17% | +81,856+188.8% | Added |
| Oppenheimer & Co Inc | 124,216 | $22.9M | 0.32% | +4,756+4.0% | Added |
| Boston Family Office LLC | 123,489 | $22.7M | 1.44% | +4,830+4.1% | Added |
| Motley Fool Wealth Management, LLC | 123,003 | $22.7M | 1.76% | −22,568−15.5% | Reduced |
| UniSuper Management Pty Ltd | 122,870 | $22.6M | 0.14% | −4,390−3.4% | Reduced |
| Clearstead Advisors, LLC | 121,928 | $22.5M | 0.28% | +2,128+1.8% | Added |
| Braun Stacey Associates Inc | 121,886 | $22.5M | 0.73% | −395−0.3% | Reduced |
| Teacher Retirement System of Texas | 121,770 | $22.4M | 0.08% | +18,887+18.4% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 121,251 | $22.4M | 0.16% | +7,730+6.8% | Added |
| MAI Capital Management | 121,329 | $22.3M | 0.13% | +1,246+1.0% | Added |
| Natixis | 120,612 | $22.2M | 0.09% | +120,612 | New |
| British Columbia Investment Management Corp | 120,108 | $22.1M | 0.12% | +24,162+25.2% | Added |
| Oppenheimer Asset Management Inc. | 118,437 | $21.8M | 0.27% | −1,875−1.6% | Reduced |
| Sustainable Insight Capital Management, LLC | 117,653 | $21.7M | 7.23% | +8,700+8.0% | Added |
| O'Shaughnessy Asset Management, LLC | 117,416 | $21.6M | 0.12% | +1,995+1.7% | Added |
| Community Trust & Investment Co | 117,019 | $21.6M | 1.14% | −2,419−2.0% | Reduced |
| Adams Diversified Equity Fund, Inc. | 116,200 | $21.4M | 0.71% | +8,400+7.8% | Added |
| Dillon & Associates Inc | 116,104 | $21.4M | 2.76% | +1,955+1.7% | Added |
| Varma Mutual Pension Insurance Co | 115,176 | $21.2M | 0.13% | +2,400+2.1% | Added |
| National Philanthropic Trust | 113,917 | $21.0M | 0.21% | +621+0.5% | Added |
| Dnca Finance | 113,100 | $20.8M | 1.21% | +6,550+6.1% | Added |
| Nixon Peabody Trust Co | 112,922 | $20.8M | 1.57% | −3,225−2.8% | Reduced |
| Nisa Investment Advisors, LLC | 111,975 | $20.6M | 0.07% | −2,148−1.9% | Reduced |
| LGT Fund Management Co Ltd. | 108,489 | $20.3M | 1.60% | +43,022+65.7% | Added |
| USS Investment Management Ltd | 110,005 | $20.3M | 0.10% | +2,819+2.6% | Added |
| Nwi Management LP | 110,000 | $20.3M | 1.24% | 00.0% | Unchanged |
| Colonial Trust Advisors | 109,840 | $20.2M | 1.52% | +696+0.6% | Added |
| Utah Retirement Systems | 109,307 | $20.1M | 0.19% | +755+0.7% | Added |
| Burney Co | 109,210 | $20.1M | 0.63% | −2,776−2.5% | Reduced |
| Osborne Partners Capital Management, LLC | 108,224 | $19.9M | 1.03% | −1,389−1.3% | Reduced |
| Oribel Capital Management, LP | 108,200 | $19.9M | 1.94% | +108,200 | New |
| Prudential PLC | 107,874 | $19.9M | 0.16% | +3,125+3.0% | Added |
| Elo Mutual Pension Insurance Co | 107,211 | $19.7M | 0.30% | +20,166+23.2% | Added |
| Pittenger & Anderson Inc | 106,430 | $19.6M | 0.75% | −5,346−4.8% | Reduced |
| Intech Investment Management LLC | 106,142 | $19.6M | 0.17% | −8,070−7.1% | Reduced |
| Bailard, Inc. | 106,025 | $19.5M | 0.43% | −3,415−3.1% | Reduced |
| Andra AP-fonden | 104,440 | $19.2M | 0.24% | +104,440 | New |
| Diversify Advisory Services, LLC | 101,272 | $19.0M | 0.60% | +733+0.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 102,846 | $18.9M | 0.16% | −3,078−2.9% | Reduced |
| Macquarie Group Ltd | 102,623 | $18.9M | 0.08% | −7,233−6.6% | Reduced |
| Public Sector Pension Investment Board | 101,964 | $18.8M | 0.06% | +3,855+3.9% | Added |
| New York Life Investment Management LLC | 101,189 | $18.6M | 0.16% | +3,421+3.5% | Added |
| Warren Averett Asset Management, LLC | 100,787 | $18.6M | 0.15% | +40,570+67.4% | Added |
| Nomura Holdings Inc | 99,572 | $18.3M | 0.05% | +17,199+20.9% | Added |
| Intesa Sanpaolo S.p.A. | 98,141 | $18.3M | 1.18% | +98,141 | New |
| Advisors Asset Management, Inc. | 98,949 | $18.2M | 0.31% | +2,997+3.1% | Added |
| Apollon Wealth Management, LLC | 97,840 | $18.0M | 0.31% | +1,641+1.7% | Added |
| United Capital Financial Advisers, LLC | 97,289 | $17.9M | 0.11% | +11,320+13.2% | Added |
| United Asset Strategies, Inc. | 97,138 | $17.9M | 1.38% | +1,272+1.3% | Added |
| Foundations Investment Advisors, LLC | 97,129 | $17.9M | 0.23% | +13,526+16.2% | Added |
| Middleton & Co Inc | 97,109 | $17.9M | 1.90% | −89−0.1% | Reduced |
| Noked Israel Ltd | 96,000 | $17.7M | 2.84% | +16,000+20.0% | Added |
| JustInvest LLC | 95,833 | $17.7M | 0.17% | −1,606−1.6% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 94,725 | $17.4M | 0.14% | +4,744+5.3% | Added |
| Connors Investor Services Inc | 94,475 | $17.4M | 1.50% | −617−0.6% | Reduced |
| Umb Bank N A | 94,073 | $17.3M | 0.23% | −719−0.8% | Reduced |
| DDD Partners, LLC | 93,283 | $17.2M | 1.09% | +32,914+54.5% | Added |
| Farmers & Merchants Investments Inc | 92,978 | $17.1M | 0.47% | +2,335+2.6% | Added |
| Fiduciary Trust Co | 92,759 | $17.1M | 0.19% | −3,325−3.5% | Reduced |
| BLB&B Advisors, LLC | 92,732 | $17.1M | 0.71% | +166+0.2% | Added |
| NorthCrest Asset Manangement, LLC | 93,630 | $17.1M | 0.38% | +44,984+92.5% | Added |
| Prime Capital Investment Advisors, LLC | 92,391 | $17.0M | 0.21% | +3,459+3.9% | Added |
| Allspring Global Investments Holdings, LLC | 92,685 | $16.6M | 0.03% | +400.0% | Added |
| United Capital Management of KS, Inc. | 90,083 | $16.6M | 2.33% | +1,559+1.8% | Added |
| Pictet & Cie (Europe) SA | 90,048 | $16.6M | 0.33% | +7,651+9.3% | Added |
| Private Advisor Group, LLC | 89,959 | $16.6M | 0.08% | +2,527+2.9% | Added |
| Kestra Private Wealth Services, LLC | 89,778 | $16.5M | 0.21% | +8,631+10.6% | Added |
| Integrated Advisors Network LLC | 88,955 | $16.4M | 0.73% | −6,260−6.6% | Reduced |
| Assetmark, Inc | 88,878 | $16.4M | 0.03% | −162−0.2% | Reduced |
| Oddo BHF Asset Management SAS | 88,827 | $16.4M | 0.61% | +38,968+78.2% | Added |
| Midwest Trust Co | 88,196 | $16.2M | 0.20% | +1,425+1.6% | Added |
| Geneos Wealth Management Inc. | 87,152 | $16.1M | 0.39% | +5,611+6.9% | Added |