Palo Alto NetworksPANW
13F holders, Q1 2025 (March 31)2,260holders −33
149new positions
170sold out
8famous investors
$170.54avg. 13F price*
At the end of Q1 2025, 2,260 institutions reported holding Palo Alto Networks Inc. (PANW) in their 13F filings, down 33 from Q4 2024. 149 opened new positions and 170 sold out. The largest holders were Vanguard Group Inc. ($10.7B), BlackRock, Inc. ($9.1B) and State Street Corp. ($4.9B). 8 famous investors held it, including Ray Dalio (0.7% of Bridgewater Associates's portfolio), Cliff Asness (0.3% of AQR Capital Management's portfolio) and Israel Englander (0.1% of Millennium Management's portfolio).
- Company
- Palo Alto Networks Inc.
- Sector
- Technology
- CUSIP
- 697435105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 149 | $428.3M |
| Exits | 170 | $589.2M |
All 13F filers, Q4 2024 → Q1 2025: 33,666,368 shares bought and 27,492,921 shares sold, net +6,173,447 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 2,260 holders
| Vanguard Group Inc. | 0.19% | Add +2.5% | 62,775,544 | $10.7B |
| BlackRock, Inc. | 0.19% | Add +1.9% | 53,231,382 | $9.1B |
| State Street Corp. | 0.20% | Add +1.1% | 28,974,730 | $4.9B |
| Morgan Stanley | 0.35% | Reduce -5.5% | 28,703,985 | $4.9B |
| Bank of America Corp. | 0.24% | Reduce -0.3% | 16,122,479 | $2.8B |
| JPMorgan Chase & Co. | 0.20% | Add +4.6% | 15,544,277 | $2.7B |
| Geode Capital Management, LLC | 0.20% | Add +4.3% | 15,004,974 | $2.6B |
| FMR LLC | 0.10% | Add +128.2% | 9,035,434 | $1.5B |
| Northern Trust Corp. | 0.20% | Reduce -1.4% | 7,731,260 | $1.3B |
| UBS Group AG | 0.27% | Reduce -2.7% | 7,136,120 | $1.2B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.30% | Add +16.0% | 6,902,048 | $1.2B |
| Ameriprise Financial Inc. | 0.32% | Reduce -5.4% | 6,887,871 | $1.2B |
| Royal Bank of Canada | 0.24% | Add +2.4% | 6,293,714 | $1.1B |
| Legal & General Group Plc | 0.25% | Reduce -2.0% | 5,440,127 | $928.3M |
| Invesco Ltd. | 0.17% | Add +5.4% | 5,189,706 | $885.6M |
| Wells Fargo & Company | 0.21% | Add +9.2% | 5,086,563 | $868.0M |
| First Trust Advisors LP | 0.75% | Add +12.1% | 4,918,092 | $839.2M |
| Nuveen, LLC | 0.25% | — | 4,747,109 | $810.0M |
| Clearbridge Investments, LLC | 0.70% | Reduce -2.5% | 4,656,184 | $794.5M |
| Capital Research Global Investors | 0.17% | Reduce -44.9% | 4,645,039 | $792.7M |
| Goldman Sachs Group Inc. | 0.15% | Reduce -5.1% | 4,618,906 | $788.2M |
| Norges Bank | 0.11% | Reduce -13.8% | 4,596,877 | $784.4M |
| Citigroup Inc. | 0.59% | Add +23.3% | 4,543,312 | $775.3M |
| Charles Schwab Investment Management Inc. | 0.14% | Add +5.1% | 4,416,679 | $753.7M |
| Bank of New York Mellon Corp | 0.14% | Reduce -1.6% | 4,214,169 | $719.1M |
| Barclays PLC | 0.30% | Add +27.3% | 3,891,621 | $664.1M |
| T. Rowe Price Associates Inc. | 0.08% | Add +77.1% | 3,879,506 | $662.0M |
| Franklin Resources Inc. | 0.17% | Add +5.2% | 3,478,494 | $593.6M |
| Pictet Asset Management Holding SA | 0.65% | Add +4.2% | 3,453,146 | $589.4M |
| Deutsche Bank AG | 0.21% | Add +11.4% | 3,044,282 | $519.5M |
| Bank of Montreal | 0.25% | Reduce -4.6% | 2,773,456 | $473.3M |
| Amundi | 0.16% | Reduce -31.9% | 2,659,937 | $439.3M |
| Nordea Investment Management AB | 0.40% | Add +24.1% | 2,260,697 | $377.9M |
| Raymond James Financial Inc. | 0.13% | Reduce -2.9% | 2,071,423 | $353.5M |
| Schroder Investment Management Group | 0.36% | Reduce -0.5% | 2,070,833 | $353.4M |
| Stifel Financial Corp. | 0.35% | Reduce -0.1% | 1,941,299 | $331.3M |
| Voya Investment Management LLC | 0.43% | Reduce -12.3% | 1,929,409 | $329.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.23% | Add +21.8% | 1,904,094 | $324.9M |
| Scge Management, L.P. | 9.27% | Add +30.2% | 1,885,000 | $321.7M |
| Swiss National Bank | 0.22% | Add +0.6% | 1,850,700 | $315.8M |
| SG Americas Securities, LLC | 1.08% | Reduce -19.4% | 1,843,751 | $314.6M |
| Alliancebernstein L.P. | 0.11% | Reduce -6.2% | 1,802,813 | $307.6M |
| HSBC Holdings PLC | 0.20% | Add +12.8% | 1,737,057 | $295.7M |
| Jacobs Levy Equity Management, Inc. | 1.16% | Reduce -8.1% | 1,715,211 | $292.7M |
| Mirova US LLC | 3.47% | Add +3.5% | 1,710,686 | $291.9M |
| AQR Capital Management | 0.29% | Add +66.5% | 1,673,392 | $280.1M |
| ABN AMRO Bank N.V. | 3.77% | Add +3.7% | 1,601,066 | $272.9M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.72% | Reduce -2.8% | 1,582,388 | $270.1M |
| Swedbank AB | 0.36% | Reduce -4.0% | 1,569,687 | $267.9M |
| Corient Private Wealth LP | 0.42% | Add +1.3% | 1,520,314 | $259.4M |
| LPL Financial LLC | 0.10% | Add +1.4% | 1,523,018 | $259.2M |
| US Bancorp \de | 0.33% | Add +7.6% | 1,429,519 | $243.9M |
| National Pension Service | 0.23% | Add +5.3% | 1,416,729 | $241.8M |
| Fifth Third Bancorp | 0.89% | Reduce -0.3% | 1,370,400 | $233.8M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.20% | Add +14.1% | 1,285,835 | $219.4M |
| Janus Henderson Group PLC | 0.12% | Reduce -1.8% | 1,232,894 | $212.9M |
| Rhumbline Advisers | 0.19% | Add +2.2% | 1,206,552 | $205.9M |
| William Blair Investment Management, LLC | 0.57% | Reduce -5.8% | 1,189,698 | $203.0M |
| Blair William & Co. | 0.61% | Reduce -9.6% | 1,178,648 | $201.1M |
| Dimensional Fund Advisors LP | 0.05% | Add +1.1% | 1,173,651 | $200.3M |
| BNP Paribas Financial Markets | 0.15% | Reduce -24.6% | 1,134,106 | $193.5M |
| Principal Financial Group Inc. | 0.11% | Add +7.8% | 1,116,206 | $190.5M |
| Envestnet Asset Management Inc. | 0.06% | Reduce -3.0% | 1,087,762 | $185.6M |
| California Public Employees Retirement System | 0.13% | Reduce -2.2% | 1,063,794 | $181.5M |
| Altshuler Shaham Ltd | 4.32% | Add +9.9% | 1,043,705 | $178.1M |
| B. Metzler seel. Sohn & Co. AG | 1.83% | Add +0.8% | 1,040,489 | $177.5M |
| Federated Hermes, Inc. | 0.38% | Add +117.5% | 1,025,180 | $174.9M |
| Compagnie Lombard Odier SCmA | 2.14% | Add +0.8% | 1,021,199 | $174.3M |
| Neuberger Berman Group LLC | 0.14% | Add +2.0% | 1,006,416 | $171.7M |
| California State Teachers Retirement System | 0.21% | Reduce -0.1% | 1,005,054 | $171.5M |
| TCW Group Inc. | 1.53% | Reduce -0.9% | 999,418 | $170.5M |
| ProShare Advisors LLC | 0.38% | Add +13.0% | 993,806 | $169.6M |
| Primecap Management Co. | 0.14% | Reduce -1.2% | 988,560 | $168.7M |
| AXA S.A. | 0.55% | Reduce -20.6% | 969,480 | $165.4M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.34% | Add +0.6% | 967,847 | $165.2M |
| Victory Capital Management Inc. | 0.16% | Add +0.6% | 923,498 | $157.6M |
| CIBC Private Wealth Group LLC | 0.32% | Reduce -5.7% | 987,128 | $150.6M |
| Employees Provident Fund Board | 1.69% | Reduce -2.2% | 869,838 | $148.4M |
| Cerity Partners LLC | 0.30% | Add +4.3% | 854,579 | $145.8M |
| Captrust Financial Advisors | 0.36% | Add +7.5% | 849,958 | $145.0M |
| Bridgewater Associates | 0.67% | Add +27130.6% | 848,233 | $144.7M |
| Prudential Financial Inc. | 0.20% | Add +147.9% | 839,809 | $143.3M |
| Russell Investments Group, Ltd. | 0.19% | Add +3.4% | 826,185 | $141.1M |
| Storebrand Asset Management As | 0.46% | Reduce -0.8% | 825,391 | $140.8M |
| Rathbones Group PLC | 0.68% | Add +0.1% | 822,218 | $140.3M |
| New York State Common Retirement Fund | 0.21% | Add +0.6% | 818,592 | $139.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.30% | Add +8.6% | 815,318 | $139.1M |
| Two Sigma Investments, LP | 0.31% | Add +98.4% | 807,484 | $137.8M |
| Quilter Plc | 2.83% | Add +16.1% | 799,482 | $136.4M |
| Rockefeller Capital Management L.P. | 0.34% | Add +1.8% | 799,289 | $136.4M |
| Candriam S.C.A. | 0.86% | Add +3.6% | 795,693 | $135.8M |
| Two Sigma Advisers, LP | 0.30% | Add +92.0% | 780,412 | $133.2M |
| Truist Financial Corp. | 0.21% | Add +14.2% | 769,553 | $131.3M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.41% | Add +2771.7% | 736,699 | $126.0M |
| CANADA LIFE ASSURANCE Co | 0.22% | Add +5.3% | 724,974 | $123.9M |
| Danske Bank A/S | 0.38% | Add +10.3% | 725,244 | $123.8M |
| Davis R M Inc. | 2.42% | Reduce -1.0% | 708,706 | $120.9M |
| Bridges Investment Management Inc. | 1.73% | Reduce -0.7% | 703,184 | $120.0M |
| Champlain Investment Partners, LLC | 0.85% | Reduce -7.8% | 688,480 | $117.5M |
| Millennium Management | 0.12% | Add +2224.1% | 677,927 | $115.7M |
"% of holder's portfolio" is PANW's weight in each manager's 13F, not the share of Palo Alto Networks Inc. the manager owns.