Palo Alto NetworksPANW
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 2,432 institutions reported holding Palo Alto Networks Inc. (PANW) in their 13F filings, up 57 from Q2 2025. 207 opened new positions and 133 sold out. The largest holders were Vanguard Group Inc. ($13.3B), BlackRock, Inc. ($11.3B) and Morgan Stanley ($6.3B). 9 famous investors held it, including Ken Griffin (0.4% of Citadel Advisors's portfolio), Cliff Asness (0.3% of AQR Capital Management's portfolio) and Ray Dalio (0.1% of Bridgewater Associates'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 Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 207 | $886.9M |
| Exits | 133 | $445.9M |
All 13F filers, Q2 2025 → Q3 2025: 49,197,634 shares bought and 20,943,604 shares sold, net +28,254,030 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 2,432 holders
| Vanguard Group Inc. | 0.20% | Add +2.0% | 65,269,963 | $13.3B |
| BlackRock, Inc. | 0.20% | Add +3.2% | 55,439,906 | $11.3B |
| Morgan Stanley | 0.38% | Add +0.6% | 30,759,375 | $6.3B |
| State Street Corp. | 0.21% | Add +1.7% | 29,736,916 | $6.1B |
| Bank of America Corp. | 0.27% | Add +5.5% | 17,459,010 | $3.6B |
| JPMorgan Chase & Co. | 0.20% | Add +0.8% | 15,750,208 | $3.2B |
| Geode Capital Management, LLC | 0.20% | Add +1.8% | 15,448,501 | $3.1B |
| Royal Bank of Canada | 0.36% | Add +32.9% | 9,920,223 | $2.0B |
| UBS Group AG | 0.32% | Add +19.1% | 8,084,781 | $1.6B |
| Nuveen, LLC | 0.41% | Add +13.9% | 7,661,272 | $1.6B |
| FMR LLC | 0.08% | Reduce -26.7% | 7,599,248 | $1.5B |
| Northern Trust Corp. | 0.20% | Add +0.5% | 7,528,248 | $1.5B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.26% | Reduce -20.2% | 5,920,436 | $1.2B |
| First Trust Advisors LP | 0.90% | Add +11.5% | 5,906,963 | $1.2B |
| Clearbridge Investments, LLC | 0.90% | Add +11.5% | 5,859,097 | $1.2B |
| Barclays PLC | 0.44% | Add +30.0% | 5,804,717 | $1.2B |
| Ameriprise Financial Inc. | 0.26% | Reduce -6.3% | 5,585,298 | $1.1B |
| Wells Fargo & Company | 0.23% | Add +16.4% | 5,580,894 | $1.1B |
| Legal & General Group Plc | 0.25% | Add +0.2% | 5,440,431 | $1.1B |
| Goldman Sachs Group Inc. | 0.16% | Reduce -6.1% | 5,353,723 | $1.1B |
| Invesco Ltd. | 0.17% | Add +5.0% | 5,289,011 | $1.1B |
| Charles Schwab Investment Management Inc. | 0.15% | Add +5.3% | 4,713,839 | $959.8M |
| T. Rowe Price Associates Inc. | 0.10% | Add +15.3% | 4,552,030 | $926.9M |
| Franklin Resources Inc. | 0.21% | Add +0.4% | 4,037,320 | $822.1M |
| Pictet Asset Management Holding SA | 0.79% | Add +6.8% | 4,036,866 | $822.0M |
| Bank of New York Mellon Corp | 0.15% | Reduce -0.1% | 3,977,200 | $809.8M |
| Bank of Montreal | 0.33% | Add +44.2% | 3,785,530 | $770.8M |
| Amundi | 0.24% | Add +25.1% | 3,532,201 | $750.9M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.63% | Add +568.5% | 3,388,984 | $690.1M |
| Deutsche Bank AG | 0.22% | Add +1.6% | 3,239,327 | $659.6M |
| Citigroup Inc. | 0.40% | Add +3.0% | 2,807,455 | $571.7M |
| Jane Street Group, LLC | 0.63% | Add +169384.8% | 2,610,066 | $531.5M |
| Citadel Advisors | 0.42% | Add +882.5% | 2,529,379 | $515.0M |
| SG Americas Securities, LLC | 1.91% | Add +44.3% | 2,519,546 | $513.0M |
| Victory Capital Management Inc. | 0.30% | Add +108.3% | 2,467,692 | $502.3M |
| Nordea Investment Management AB | 0.44% | Add +2.7% | 2,430,115 | $498.1M |
| Swedbank AB | 0.49% | Add +30.6% | 2,392,224 | $487.1M |
| Schroder Investment Management Group | 0.36% | Add +1.9% | 2,277,112 | $463.7M |
| Raymond James Financial Inc. | 0.15% | Add +5.7% | 2,238,686 | $455.8M |
| Stifel Financial Corp. | 0.40% | Add +8.5% | 2,144,841 | $436.7M |
| AQR Capital Management | 0.27% | Add +7.4% | 2,096,542 | $426.9M |
| Sumitomo Mitsui Trust Group, Inc. | 0.24% | Add +10.7% | 2,081,938 | $423.9M |
| Capital Research Global Investors | 0.08% | Reduce -38.6% | 2,062,988 | $420.1M |
| Swiss National Bank | 0.23% | Reduce -4.1% | 1,922,100 | $391.4M |
| Scge Management, L.P. | 7.49% | No change | 1,885,000 | $383.8M |
| California Public Employees Retirement System | 0.23% | Reduce -10.8% | 1,877,928 | $382.4M |
| LPL Financial LLC | 0.11% | Add +11.4% | 1,848,984 | $376.5M |
| National Pension Service | 0.27% | Add +2.3% | 1,725,100 | $351.3M |
| Mirova US LLC | 3.53% | Reduce -3.7% | 1,717,294 | $349.7M |
| Marshall Wace, LLP | 0.39% | Add +20304.4% | 1,713,968 | $349.0M |
| ABN AMRO Bank N.V. | 3.41% | Add +3.2% | 1,709,588 | $346.9M |
| Employees Provident Fund Board | 2.77% | Add +9.8% | 1,694,633 | $345.1M |
| Alliancebernstein L.P. | 0.11% | Reduce -16.3% | 1,690,807 | $344.3M |
| Voya Investment Management LLC | 0.36% | Reduce -2.5% | 1,572,908 | $320.3M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.80% | Add +23.4% | 1,518,765 | $308.7M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.21% | Add +5.6% | 1,445,107 | $294.3M |
| Fifth Third Bancorp | 0.94% | Add +4.1% | 1,435,149 | $292.2M |
| HSBC Holdings PLC | 0.17% | Reduce -12.9% | 1,390,603 | $283.0M |
| US Bancorp \de | 0.33% | Add +0.6% | 1,364,442 | $277.8M |
| Blair William & Co. | 0.67% | Add +6.9% | 1,237,864 | $252.1M |
| Corient Private Wealth LP | 0.39% | Reduce -20.5% | 1,208,797 | $246.1M |
| Rhumbline Advisers | 0.20% | Reduce -0.7% | 1,195,779 | $243.5M |
| Dimensional Fund Advisors LP | 0.05% | Add +1.2% | 1,185,262 | $241.3M |
| Principal Financial Group Inc. | 0.12% | Add +8.3% | 1,168,576 | $237.9M |
| Envestnet Asset Management Inc. | 0.07% | Add +8.0% | 1,162,652 | $236.7M |
| BNP Paribas Financial Markets | 0.17% | Add +10.6% | 1,064,019 | $216.7M |
| Compagnie Lombard Odier SCmA | 2.33% | Add +4.9% | 1,037,638 | $211.3M |
| Candriam S.C.A. | 1.11% | Add +27.7% | 1,035,212 | $210.8M |
| California State Teachers Retirement System | 0.22% | Add +0.6% | 1,031,823 | $210.1M |
| AXA Investment Managers S.A. | 0.55% | — | 1,000,567 | $203.7M |
| CIBC Private Wealth Group LLC | 0.34% | Reduce -1.3% | 979,731 | $199.5M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.34% | Reduce -4.8% | 976,558 | $198.8M |
| Primecap Management Co. | 0.15% | Reduce -3.3% | 972,250 | $198.0M |
| B. Metzler seel. Sohn & Co. AG | 1.70% | Add +1.8% | 946,277 | $192.7M |
| Rockefeller Capital Management L.P. | 0.38% | Add +11.3% | 945,550 | $192.5M |
| Neuberger Berman Group LLC | 0.14% | Reduce -1.0% | 942,570 | $191.9M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.54% | Add +1.1% | 932,330 | $189.8M |
| Railway Pension Investments Ltd | 2.54% | Add +104.1% | 921,506 | $187.6M |
| Storebrand Asset Management As | 0.49% | Add +2.7% | 910,396 | $185.4M |
| Cerity Partners LLC | 0.30% | Add +3.2% | 900,934 | $183.4M |
| Quilter Plc | 3.14% | Add +10.3% | 897,973 | $182.8M |
| Credit Agricole S A | 0.59% | — | 871,535 | $177.5M |
| Rathbones Group PLC | 0.72% | Add +1.1% | 868,983 | $176.9M |
| ProShare Advisors LLC | 0.37% | Reduce -17.7% | 866,568 | $176.5M |
| OMERS ADMINISTRATION Corp | 1.25% | Add +3634.5% | 858,859 | $174.9M |
| Susquehanna International Group, LLP | 0.24% | Add +966.9% | 809,527 | $164.8M |
| CANADA LIFE ASSURANCE Co | 0.23% | Add +3.6% | 800,800 | $163.3M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.26% | New | 796,375 | $162.2M |
| TCW Group Inc. | 1.35% | Reduce -20.5% | 793,686 | $161.6M |
| New York State Common Retirement Fund | 0.21% | Reduce -4.3% | 784,292 | $159.7M |
| Public Employees Retirement Association of Colorado | 0.58% | Add +793.9% | 779,574 | $158.7M |
| Vident Advisory, LLC | 1.55% | Add +13.4% | 779,249 | $158.7M |
| Janus Henderson Group PLC | 0.07% | Add +29.1% | 778,465 | $158.5M |
| Truist Financial Corp. | 0.21% | Add +2.5% | 777,399 | $158.3M |
| King Luther Capital Management Corp. | 0.65% | Add +118.1% | 767,711 | $156.3M |
| Danske Bank A/S | 0.38% | Reduce -18.0% | 744,929 | $151.7M |
| Bessemer Group Inc. | 0.22% | Add +3881.4% | 721,157 | $146.8M |
| HighTower Advisors, LLC | 0.16% | Add +11.8% | 712,780 | $145.1M |
| Lazard Asset Management LLC | 0.20% | Add +51.1% | 712,194 | $145.0M |
| Captrust Financial Advisors | 0.29% | Reduce -19.7% | 702,861 | $143.1M |
"% of holder's portfolio" is PANW's weight in each manager's 13F, not the share of Palo Alto Networks Inc. the manager owns.