Palo Alto NetworksPANW
13F holders, Q4 2025 (December 31)2,535holders +103
131new positions
161sold out
10famous investors
$184.25avg. 13F price*
At the end of Q4 2025, 2,535 institutions reported holding Palo Alto Networks Inc. (PANW) in their 13F filings, up 103 from Q3 2025. 131 opened new positions and 161 sold out. The largest holders were Vanguard Group Inc. ($12.5B), BlackRock, Inc. ($11.0B) and Morgan Stanley ($5.6B). 10 famous investors held it, including Ken Griffin (0.4% of Citadel Advisors's portfolio), Jim Simons / Peter Brown (0.3% of Renaissance Technologies's portfolio) and Cliff Asness (0.2% of AQR Capital 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 131 | $479.4M |
| Exits | 161 | $785.5M |
All 13F filers, Q3 2025 → Q4 2025: 48,648,009 shares bought and 30,062,038 shares sold, net +18,585,971 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 2,535 holders
| Vanguard Group Inc. | 0.18% | Add +4.1% | 67,929,063 | $12.5B |
| BlackRock, Inc. | 0.19% | Add +7.4% | 59,562,981 | $11.0B |
| Morgan Stanley | 0.34% | Reduce -1.0% | 30,462,984 | $5.6B |
| State Street Corp. | 0.19% | Add +2.0% | 30,331,705 | $5.6B |
| Invesco Ltd. | 0.37% | Add +306.6% | 21,508,000 | $4.0B |
| Bank of America Corp. | 0.26% | Add +11.0% | 19,375,486 | $3.6B |
| Geode Capital Management, LLC | 0.18% | Add +3.5% | 15,989,257 | $2.9B |
| JPMorgan Chase & Co. | 0.14% | Reduce -27.0% | 11,503,089 | $2.1B |
| UBS Group AG | 0.32% | Add +9.3% | 8,836,576 | $1.6B |
| FMR LLC | 0.08% | Add +7.1% | 8,138,673 | $1.5B |
| Norges Bank | 0.15% | — | 7,683,841 | $1.4B |
| Royal Bank of Canada | 0.25% | Reduce -23.4% | 7,601,736 | $1.4B |
| Northern Trust Corp. | 0.18% | Reduce -0.1% | 7,521,047 | $1.4B |
| Nuveen, LLC | 0.35% | Reduce -5.8% | 7,219,205 | $1.3B |
| First Trust Advisors LP | 0.83% | Add +4.8% | 6,193,015 | $1.1B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.24% | Add +3.1% | 6,103,299 | $1.1B |
| Wells Fargo & Company | 0.21% | Add +2.5% | 5,720,868 | $1.1B |
| Clearbridge Investments, LLC | 0.83% | Reduce -4.4% | 5,601,625 | $1.0B |
| Legal & General Group Plc | 0.22% | Reduce -0.5% | 5,413,713 | $997.2M |
| Ameriprise Financial Inc. | 0.22% | Reduce -5.5% | 5,278,829 | $972.0M |
| Charles Schwab Investment Management Inc. | 0.14% | Add +4.5% | 4,928,031 | $907.7M |
| Goldman Sachs Group Inc. | 0.12% | Reduce -14.3% | 4,587,340 | $845.0M |
| Pictet Asset Management Holding SA | 0.78% | Add +7.9% | 4,356,617 | $802.7M |
| T. Rowe Price Associates Inc. | 0.09% | Reduce -4.7% | 4,337,468 | $799.0M |
| Barclays PLC | 0.30% | Reduce -29.4% | 4,095,982 | $754.5M |
| Bank of New York Mellon Corp | 0.13% | Add +2.0% | 4,058,033 | $747.5M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.63% | Add +13.4% | 3,844,114 | $708.1M |
| Amundi | 0.21% | Add +6.7% | 3,769,534 | $694.3M |
| Deutsche Bank AG | 0.21% | Add +9.8% | 3,557,904 | $655.4M |
| Citadel Advisors | 0.42% | Add +29.2% | 3,266,843 | $601.8M |
| Bank of Montreal | 0.23% | Reduce -19.6% | 3,044,318 | $560.8M |
| Franklin Resources Inc. | 0.14% | Reduce -26.2% | 2,980,288 | $549.0M |
| Swedbank AB | 0.50% | Add +17.9% | 2,820,955 | $519.6M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.59% | Add +84.6% | 2,803,611 | $516.5M |
| AQR Capital Management | 0.25% | Add +22.8% | 2,574,751 | $474.3M |
| Nordea Investment Management AB | 0.40% | Add +3.1% | 2,505,894 | $464.3M |
| Raymond James Financial Inc. | 0.13% | Add +3.7% | 2,322,135 | $427.7M |
| Schroder Investment Management Group | 0.32% | Add +0.1% | 2,280,013 | $420.0M |
| Stifel Financial Corp. | 0.36% | Add +0.3% | 2,151,402 | $396.3M |
| Sumitomo Mitsui Trust Group, Inc. | 0.22% | Reduce -0.3% | 2,076,626 | $382.5M |
| Capital Research Global Investors | 0.07% | Reduce -3.2% | 1,996,535 | $367.8M |
| Marshall Wace, LLP | 0.35% | Add +13.4% | 1,943,109 | $357.9M |
| LPL Financial LLC | 0.09% | Add +1.4% | 1,874,969 | $345.4M |
| Swiss National Bank | 0.20% | Reduce -3.5% | 1,854,900 | $341.7M |
| Citigroup Inc. | 0.23% | Reduce -35.9% | 1,799,265 | $331.4M |
| BNP Paribas Financial Markets | 0.21% | Add +68.4% | 1,792,269 | $330.1M |
| National Pension Service | 0.24% | Add +1.7% | 1,754,036 | $323.1M |
| ABN AMRO Bank N.V. | 3.00% | Add +1.1% | 1,729,145 | $318.3M |
| Voya Investment Management LLC | 0.36% | Add +8.8% | 1,711,737 | $315.3M |
| California Public Employees Retirement System | 0.18% | Reduce -9.1% | 1,707,142 | $314.5M |
| Mirova US LLC | 3.08% | Reduce -2.9% | 1,667,837 | $307.2M |
| Alliancebernstein L.P. | 0.10% | Reduce -2.5% | 1,648,943 | $303.7M |
| Employees Provident Fund Board | 2.07% | Reduce -9.8% | 1,528,458 | $281.5M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.19% | Add +7.0% | 1,545,782 | $277.3M |
| Corient Private Wealth LP | 0.37% | Add +22.1% | 1,475,522 | $272.8M |
| HSBC Holdings PLC | 0.15% | Add +4.7% | 1,456,150 | $268.5M |
| Fifth Third Bancorp | 0.82% | Reduce -2.9% | 1,393,304 | $256.6M |
| US Bancorp \de | 0.30% | Add +0.5% | 1,371,066 | $252.6M |
| American Century Companies Inc. | 0.12% | Add +94.3% | 1,306,301 | $240.6M |
| Blair William & Co. | 0.62% | Add +1.0% | 1,250,372 | $230.3M |
| ProShare Advisors LLC | 0.40% | Add +42.7% | 1,236,644 | $227.8M |
| Principal Financial Group Inc. | 0.12% | Add +4.6% | 1,222,845 | $225.2M |
| Rhumbline Advisers | 0.18% | Reduce -0.9% | 1,185,226 | $218.3M |
| Dimensional Fund Advisors LP | 0.05% | Reduce -1.4% | 1,168,667 | $215.3M |
| Victory Capital Management Inc. | 0.12% | Reduce -53.6% | 1,145,405 | $211.0M |
| Lazard Asset Management LLC | 0.35% | Add +59.3% | 1,134,137 | $208.9M |
| Candriam S.C.A. | 0.99% | Add +3.7% | 1,073,219 | $197.7M |
| Railway Pension Investments Ltd | 2.26% | Add +13.5% | 1,045,756 | $192.6M |
| California State Teachers Retirement System | 0.19% | Add +0.4% | 1,036,381 | $190.9M |
| Federated Hermes, Inc. | 0.32% | Add +83.8% | 1,030,515 | $189.8M |
| Compagnie Lombard Odier SCmA | 2.02% | Reduce -2.8% | 1,008,934 | $185.8M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.31% | Add +2.2% | 997,868 | $185.2M |
| Rockefeller Capital Management L.P. | 0.33% | Add +3.9% | 982,633 | $181.0M |
| National Bank of Canada | 0.18% | Add +44.5% | 974,404 | $179.5M |
| Canada Pension Plan Investment Board | 0.12% | Add +153.0% | 973,400 | $179.3M |
| Neuberger Berman Group LLC | 0.13% | Add +2.9% | 970,223 | $178.7M |
| Primecap Management Co. | 0.14% | Reduce -0.4% | 968,780 | $178.4M |
| Storebrand Asset Management As | 0.48% | Add +6.2% | 967,142 | $178.1M |
| Envestnet Asset Management Inc. | 0.05% | Reduce -17.1% | 964,251 | $177.6M |
| CIBC Private Wealth Group LLC | 0.30% | Reduce -2.4% | 955,998 | $176.1M |
| B. Metzler seel. Sohn & Co. AG | 1.53% | Add +0.6% | 951,880 | $175.8M |
| Cerity Partners LLC | 0.25% | Add +5.4% | 949,186 | $174.8M |
| Quilter Plc | 2.90% | Add +4.5% | 938,272 | $172.8M |
| Renaissance Technologies | 0.26% | Add +1226.3% | 908,500 | $167.3M |
| Eurizon Capital SGR S.p.A. | 0.51% | — | 893,549 | $165.0M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.45% | Reduce -4.9% | 886,728 | $163.7M |
| OMERS ADMINISTRATION Corp | 1.13% | No change | 858,859 | $158.2M |
| Rathbones Group PLC | 0.62% | Reduce -1.3% | 857,605 | $158.0M |
| Susquehanna International Group, LLP | 0.21% | Add +3.8% | 840,157 | $154.8M |
| King Luther Capital Management Corp. | 0.62% | Add +6.7% | 818,841 | $150.8M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.32% | Add +21.4% | 814,897 | $150.1M |
| Truist Financial Corp. | 0.20% | Add +2.1% | 793,903 | $146.2M |
| Danske Bank A/S | 0.33% | Add +4.5% | 778,701 | $143.4M |
| New York State Common Retirement Fund | 0.19% | Reduce -1.1% | 776,092 | $143.0M |
| Public Employees Retirement Association of Colorado | 0.52% | Reduce -1.7% | 766,114 | $141.1M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.21% | Reduce -4.3% | 762,134 | $140.4M |
| Vident Advisory, LLC | 1.28% | Reduce -5.1% | 739,628 | $136.2M |
| Janus Henderson Group PLC | 0.06% | Reduce -5.1% | 738,433 | $136.0M |
| TCW Group Inc. | 0.96% | Reduce -8.2% | 728,743 | $134.2M |
| Bessemer Group Inc. | 0.20% | Reduce -1.1% | 713,465 | $131.4M |
"% of holder's portfolio" is PANW's weight in each manager's 13F, not the share of Palo Alto Networks Inc. the manager owns.