Palo Alto NetworksPANW
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 2,375 institutions reported holding Palo Alto Networks Inc. (PANW) in their 13F filings, up 115 from Q1 2025. 221 opened new positions and 101 sold out. The largest holders were Vanguard Group Inc. ($13.1B), BlackRock, Inc. ($11.0B) and Morgan Stanley ($6.3B). 9 famous investors held it, including Ray Dalio (1.3% of Bridgewater Associates's portfolio), Cliff Asness (0.3% of AQR Capital Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors'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 Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 221 | $335.9M |
| Exits | 101 | $503.0M |
All 13F filers, Q1 2025 → Q2 2025: 30,915,344 shares bought and 21,393,892 shares sold, net +9,521,452 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 2,375 holders
| Vanguard Group Inc. | 0.21% | Add +2.0% | 64,016,374 | $13.1B |
| BlackRock, Inc. | 0.21% | Add +0.9% | 53,707,197 | $11.0B |
| Morgan Stanley | 0.41% | Add +6.5% | 30,579,068 | $6.3B |
| State Street Corp. | 0.22% | Add +0.9% | 29,230,992 | $6.0B |
| Bank of America Corp. | 0.27% | Add +2.7% | 16,554,571 | $3.4B |
| JPMorgan Chase & Co. | 0.22% | Add +0.5% | 15,617,157 | $3.2B |
| Geode Capital Management, LLC | 0.22% | Add +1.1% | 15,174,029 | $3.1B |
| FMR LLC | 0.12% | Add +14.8% | 10,371,722 | $2.1B |
| Northern Trust Corp. | 0.21% | Reduce -3.1% | 7,491,737 | $1.5B |
| Royal Bank of Canada | 0.30% | Add +18.6% | 7,465,354 | $1.5B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.31% | Add +7.5% | 7,417,781 | $1.5B |
| UBS Group AG | 0.29% | Reduce -4.9% | 6,786,670 | $1.4B |
| Nuveen, LLC | 0.38% | Add +41.7% | 6,728,450 | $1.4B |
| Ameriprise Financial Inc. | 0.30% | Reduce -13.5% | 5,960,804 | $1.2B |
| Goldman Sachs Group Inc. | 0.19% | Add +23.4% | 5,700,432 | $1.2B |
| Legal & General Group Plc | 0.28% | Reduce -0.2% | 5,429,680 | $1.1B |
| First Trust Advisors LP | 0.87% | Add +7.7% | 5,295,588 | $1.1B |
| Clearbridge Investments, LLC | 0.88% | Add +12.9% | 5,254,888 | $1.1B |
| Invesco Ltd. | 0.18% | Reduce -3.0% | 5,036,516 | $1.0B |
| Wells Fargo & Company | 0.22% | Reduce -5.8% | 4,792,666 | $980.8M |
| Charles Schwab Investment Management Inc. | 0.16% | Add +1.4% | 4,476,638 | $916.1M |
| Barclays PLC | 0.37% | Add +14.8% | 4,466,178 | $914.0M |
| Franklin Resources Inc. | 0.22% | Add +15.6% | 4,019,926 | $822.6M |
| Bank of New York Mellon Corp | 0.15% | Reduce -5.5% | 3,981,460 | $814.8M |
| T. Rowe Price Associates Inc. | 0.09% | Add +1.8% | 3,949,231 | $808.2M |
| Pictet Asset Management Holding SA | 0.79% | Add +9.5% | 3,781,352 | $773.6M |
| Capital Research Global Investors | 0.14% | Reduce -27.7% | 3,358,408 | $687.2M |
| Norges Bank | 0.08% | Reduce -28.1% | 3,302,703 | $675.9M |
| Deutsche Bank AG | 0.24% | Add +4.7% | 3,186,919 | $652.2M |
| Citigroup Inc. | 0.39% | Reduce -40.0% | 2,725,489 | $557.7M |
| Amundi | 0.19% | Add +6.2% | 2,823,869 | $556.2M |
| Bank of Montreal | 0.27% | Reduce -5.3% | 2,625,977 | $537.4M |
| Nordea Investment Management AB | 0.44% | Add +4.6% | 2,365,301 | $478.8M |
| Schroder Investment Management Group | 0.39% | Add +7.9% | 2,234,551 | $457.3M |
| Raymond James Financial Inc. | 0.15% | Add +2.2% | 2,117,111 | $433.2M |
| California Public Employees Retirement System | 0.27% | Add +97.9% | 2,104,939 | $430.8M |
| Alliancebernstein L.P. | 0.13% | Add +12.1% | 2,021,139 | $413.6M |
| Swiss National Bank | 0.25% | Add +8.3% | 2,004,200 | $410.1M |
| Stifel Financial Corp. | 0.39% | Add +1.8% | 1,976,946 | $404.6M |
| AQR Capital Management | 0.33% | Add +16.7% | 1,952,649 | $395.6M |
| Scge Management, L.P. | 8.09% | No change | 1,885,000 | $385.7M |
| Sumitomo Mitsui Trust Group, Inc. | 0.24% | Reduce -1.2% | 1,880,611 | $384.8M |
| Swedbank AB | 0.42% | Add +16.7% | 1,831,684 | $374.8M |
| Mirova US LLC | 3.78% | Add +4.2% | 1,782,574 | $364.8M |
| SG Americas Securities, LLC | 1.60% | Reduce -5.3% | 1,746,083 | $357.3M |
| National Pension Service | 0.30% | Add +19.1% | 1,686,962 | $345.2M |
| ABN AMRO Bank N.V. | 4.44% | Add +3.4% | 1,656,000 | $340.9M |
| LPL Financial LLC | 0.11% | Add +9.0% | 1,660,275 | $339.8M |
| Voya Investment Management LLC | 0.38% | Reduce -16.4% | 1,613,464 | $329.6M |
| HSBC Holdings PLC | 0.21% | Reduce -8.1% | 1,596,260 | $326.3M |
| Employees Provident Fund Board | 2.73% | Add +77.4% | 1,542,845 | $315.7M |
| Bridgewater Associates | 1.27% | Add +80.8% | 1,533,292 | $313.8M |
| Corient Private Wealth LP | 0.41% | Add +0.1% | 1,521,305 | $311.3M |
| Fifth Third Bancorp | 0.97% | Add +0.6% | 1,378,156 | $282.0M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.22% | Add +6.5% | 1,368,811 | $280.1M |
| US Bancorp \de | 0.35% | Reduce -5.1% | 1,356,098 | $277.5M |
| Altshuler Shaham Ltd | 8.77% | Add +28.8% | 1,343,724 | $275.0M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.61% | Reduce -22.2% | 1,230,820 | $251.8M |
| Rhumbline Advisers | 0.21% | Reduce -0.2% | 1,204,274 | $246.4M |
| Victory Capital Management Inc. | 0.16% | Add +28.3% | 1,184,954 | $242.3M |
| Dimensional Fund Advisors LP | 0.06% | Reduce -0.2% | 1,171,562 | $239.7M |
| Blair William & Co. | 0.66% | Reduce -1.8% | 1,157,886 | $236.9M |
| Federated Hermes, Inc. | 0.43% | Add +10.1% | 1,128,314 | $230.9M |
| Principal Financial Group Inc. | 0.12% | Reduce -3.3% | 1,079,530 | $220.9M |
| Envestnet Asset Management Inc. | 0.06% | Reduce -1.1% | 1,076,225 | $220.2M |
| ProShare Advisors LLC | 0.43% | Add +6.0% | 1,052,981 | $215.5M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.38% | Add +6.0% | 1,026,190 | $210.0M |
| California State Teachers Retirement System | 0.23% | Add +2.0% | 1,025,330 | $209.8M |
| Primecap Management Co. | 0.16% | Add +1.8% | 1,005,840 | $205.8M |
| TCW Group Inc. | 1.60% | Reduce -0.1% | 998,247 | $204.3M |
| CIBC Private Wealth Group LLC | 0.36% | Add +0.6% | 992,976 | $203.2M |
| Compagnie Lombard Odier SCmA | 2.67% | Reduce -3.1% | 989,037 | $202.4M |
| BNP Paribas Financial Markets | 0.16% | Reduce -15.2% | 961,886 | $196.8M |
| Neuberger Berman Group LLC | 0.15% | Reduce -5.4% | 951,664 | $194.7M |
| B. Metzler seel. Sohn & Co. AG | 1.82% | Reduce -10.7% | 929,327 | $190.2M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.56% | Add +25.1% | 921,908 | $188.7M |
| Danske Bank A/S | 0.46% | Add +25.2% | 908,218 | $185.9M |
| Storebrand Asset Management As | 0.53% | Add +7.4% | 886,284 | $181.4M |
| Captrust Financial Advisors | 0.40% | Add +3.0% | 875,010 | $179.1M |
| Cerity Partners LLC | 0.32% | Add +2.2% | 873,126 | $178.7M |
| AXA S.A. | 0.51% | Reduce -10.4% | 868,259 | $177.7M |
| Rockefeller Capital Management L.P. | 0.39% | Add +6.3% | 849,329 | $176.0M |
| Rathbones Group PLC | 0.76% | Add +4.5% | 859,167 | $175.8M |
| Robeco Institutional Asset Management B.V. | 0.28% | Add +95.3% | 854,053 | $174.8M |
| New York State Common Retirement Fund | 0.22% | Add +0.1% | 819,592 | $167.7M |
| Quilter Plc | 3.04% | Add +1.8% | 813,995 | $166.6M |
| Candriam S.C.A. | 0.96% | Add +1.9% | 810,897 | $165.9M |
| CANADA LIFE ASSURANCE Co | 0.25% | Add +6.6% | 772,809 | $158.3M |
| Truist Financial Corp. | 0.23% | Reduce -1.5% | 758,262 | $155.2M |
| Employees Retirement System of Texas | 1.46% | Add +92.0% | 743,245 | $152.1M |
| Davis R M Inc. | 2.68% | Reduce -0.5% | 705,131 | $144.3M |
| Russell Investments Group, Ltd. | 0.18% | Reduce -14.8% | 704,254 | $143.9M |
| Bridges Investment Management Inc. | 1.93% | Reduce -0.7% | 698,318 | $142.9M |
| Vident Advisory, LLC | 1.58% | Add +45.0% | 687,135 | $140.6M |
| Korea Investment CORP | 0.31% | Add +14.0% | 673,029 | $137.7M |
| Mariner, LLC | 0.19% | Add +9.6% | 655,550 | $134.1M |
| Champlain Investment Partners, LLC | 0.93% | Reduce -5.0% | 654,385 | $133.9M |
| Penserra Capital Management LLC | 1.85% | Add +0.2% | 646,224 | $132.2M |
| HighTower Advisors, LLC | 0.16% | Add +4.7% | 637,754 | $130.5M |
| State Board of Administration of Florida Retirement System | 0.23% | Add +2.0% | 628,856 | $128.7M |
"% of holder's portfolio" is PANW's weight in each manager's 13F, not the share of Palo Alto Networks Inc. the manager owns.