PANW
Palo Alto Networks, Inc. · Technology · Software - Infrastructure
Momentum inputs (comparable managers):
holder breadth -1.1% ·
share flow +9.1% ·
net new positions -1.7%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 167 | -5 | 535.68M | $182.17B | +4 | −8 |
| Q1 2026 | 174 | -2 | 505.92M | $81.00B | +3 | −6 |
| Q4 2025 | 175 | 0 | 482.89M | $88.92B | +2 | −1 |
| Q3 2025 | 24 | +1 | 254.62M | $51.83B | +1 | −1 |
| Q2 2025 | 21 | +1 | 186.58M | $38.16B | +1 | — |
| Q1 2025 | 17 | -2 | 59.23M | $10.09B | — | −2 |
| Q4 2024 | 19 | +1 | 55.69M | $10.13B | +1 | — |
| Q3 2024 | 17 | +1 | 13.05M | $4.45B | +1 | — |
| Q2 2024 | 16 | — | 13.09M | $4.43B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 72.43M | +21.6% | $11.61B | 0.2% | ▲ Add | 4 | SEC ↗ ×22 |
| 2 | Vanguard Capital Management Llc | 52.77M | — | $8.46B | 0.2% | n/c | 1 | SEC ↗ |
| 3 | State Street Global Advisors ✦ (passive) | 35.49M | +17.0% | $5.69B | 0.2% | ▲ Add | 6 | SEC ↗ |
| 4 | Morgan Stanley ✦ | 32.32M | +6.1% | $5.18B | 0.3% | ▲ Add | 3 | SEC ↗ ×20 |
| 5 | Invesco Ltd. | 23.93M | +11.2% | $3.84B | 0.4% | ▲ Add | 2 | SEC ↗ ×18 |
| 6 | Bank Of America Corp /De/ | 22.48M | +16.0% | $3.60B | 0.3% | ▲ Add | 2 | SEC ↗ ×8 |
| 7 | Geode Capital Management ✦ (passive) | 19.32M | +20.9% | $3.09B | 0.2% | ▲ Add | 8 | SEC ↗ ×2 |
| 8 | JPMorgan Chase ✦ | 13.47M | +17.1% | $2.08B | 0.1% | ▲ Add | 3 | SEC ↗ ×21 |
| 9 | Northern Trust Corp | 8.68M | +15.4% | $1.39B | 0.2% | ▲ Add | 2 | SEC ↗ ×11 |
| 10 | UBS Group AG | 8.26M | -6.6% | $1.32B | 0.2% | ▼ Trim | 2 | SEC ↗ ×10 |
| 11 | Fidelity (FMR) ✦ | 8.10M | -0.4% | $1.30B | 0.1% | ▼ Trim | 4 | SEC ↗ ×6 |
| 12 | UBS AM, a distinct business unit of… | 8.07M | +32.3% | $1.29B | 0.3% | ▲ Add | 2 | SEC ↗ ×12 |
| 13 | Nuveen, LLC | 7.99M | +10.8% | $1.28B | 0.3% | ▲ Add | 2 | SEC ↗ ×3 |
| 14 | Royal Bank Of Canada | 7.56M | -0.6% | $1.21B | 0.2% | ▼ Trim | 2 | SEC ↗ ×14 |
| 15 | Ameriprise Financial Inc | 6.50M | +23.1% | $1.04B | 0.2% | ▲ Add | 2 | SEC ↗ ×8 |
| 16 | First Trust Advisors Lp | 6.47M | +4.4% | $1.04B | 0.7% | ▲ Add | 2 | SEC ↗ |
| 17 | Amundi | 6.30M | +67.1% | $1.01B | 0.3% | ▲ Add | 2 | SEC ↗ ×10 |
| 18 | Legal & General Group Plc | 6.25M | +15.5% | $1.00B | 0.2% | ▲ Add | 2 | SEC ↗ ×3 |
| 19 | Goldman Sachs Group ✦ | 6.23M | +35.9% | $999.56M | 0.1% | ▲ Add | 3 | SEC ↗ ×6 |
| 20 | Wells Fargo & Company/Mn | 6.12M | +7.0% | $980.97M | 0.2% | ▲ Add | 2 | SEC ↗ ×6 |
| 21 | Charles Schwab Investment… | 5.95M | +20.7% | $953.60M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 22 | Clearbridge Investments, LLC | 4.91M | -12.3% | $787.30M | 0.7% | ▼ Trim | 2 | SEC ↗ |
| 23 | Pictet Asset Management Holding SA | 4.81M | +10.4% | $770.48M | 0.8% | ▲ Add | 2 | SEC ↗ |
| 24 | Bank of New York Mellon Corp | 4.62M | +13.9% | $741.30M | 0.1% | ▲ Add | 2 | SEC ↗ ×19 |
| 25 | Deutsche Bank Ag\ | 4.55M | +27.9% | $729.25M | 0.2% | ▲ Add | 2 | SEC ↗ ×14 |
| 26 | Barclays Plc | 3.82M | -6.8% | $612.31M | 0.2% | ▼ Trim | 2 | SEC ↗ ×6 |
| 27 | BNP Paribas Asset Management… | 3.28M | +16.9% | $525.15M | 0.6% | ▲ Add | 2 | SEC ↗ ×4 |
| 28 | Bank Of Montreal /Can/ | 2.99M | -1.9% | $478.90M | 0.2% | ▼ Trim | 2 | SEC ↗ ×9 |
| 29 | Franklin Resources Inc | 2.76M | -7.4% | $442.33M | 0.1% | ▼ Trim | 2 | SEC ↗ ×11 |
| 30 | Swedbank AB | 2.74M | -2.9% | $439.27M | 0.5% | ▼ Trim | 2 | SEC ↗ ×3 |
| 31 | T. Rowe Price ✦ | 2.54M | -41.5% | $406.47M | 0.0% | ▼ Trim | 8 | SEC ↗ ×2 |
| 32 | Schroder Investment Management Group | 2.38M | — | $381.50M | 0.3% | n/c | 1 | SEC ↗ ×9 |
| 33 | Swiss National Bank | 2.37M | +27.9% | $380.22M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 34 | DZ BANK AG Deutsche Zentral… | 2.30M | -40.2% | $368.77M | 0.3% | ▼ Trim | 2 | SEC ↗ ×7 |
| 35 | Raymond James Financial Inc | 2.29M | -1.5% | $366.56M | 0.1% | ▼ Trim | 2 | SEC ↗ ×5 |
| 36 | Sumitomo Mitsui Trust Group, Inc. | 2.25M | +8.3% | $360.47M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 37 | Citigroup Inc | 2.25M | +24.9% | $360.44M | 0.2% | ▲ Add | 2 | SEC ↗ ×5 |
| 38 | Bnp Paribas Financial Markets | 2.23M | +24.2% | $356.94M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 39 | Stifel Financial Corp | 2.17M | +0.7% | $347.27M | 0.3% | ▲ Add | 2 | SEC ↗ ×5 |
| 40 | National Pension Service | 2.15M | +22.6% | $344.90M | 0.3% | ▲ Add | 2 | SEC ↗ |
| 41 | Nordea Investment Management Ab | 2.15M | -14.3% | $338.37M | 0.3% | ▼ Trim | 2 | SEC ↗ ×3 |
| 42 | Lazard Asset Management Llc | 2.07M | +82.8% | $332.42M | 0.5% | ▲ Add | 2 | SEC ↗ ×3 |
| 43 | Voya Investment Management Llc | 2.06M | +20.2% | $329.97M | 0.4% | ▲ Add | 2 | SEC ↗ ×2 |
| 44 | Capital Research Global Investors | 1.96M | -1.8% | $314.41M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 45 | Mitsubishi UFJ Asset Management… | 1.96M | +26.9% | $314.35M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 46 | Citadel Advisors ✦ | 1.82M | -44.2% | $292.37M | 0.2% | ▼ Trim | 8 | SEC ↗ |
| 47 | LPL Financial LLC | 1.75M | -6.6% | $280.67M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 48 | Brown Advisory Inc | 1.75M | +1138.5% | $280.22M | 0.5% | ▲ Add | 2 | SEC ↗ ×3 |
| 49 | Wellington Management ✦ | 1.64M | +158.3% | $263.69M | 0.0% | ▲ Add | 8 | SEC ↗ ×8 |
| 50 | Hsbc Holdings Plc | 1.62M | -44.5% | $259.13M | 0.2% | ▼ Trim | 2 | SEC ↗ ×16 |
| 51 | Fifth Third Bancorp | 1.54M | +10.7% | $247.28M | 0.5% | ▲ Add | 2 | SEC ↗ |
| 52 | California Public Employees… | 1.44M | -15.6% | $231.10M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 53 | Rhumbline Advisers | 1.39M | +17.2% | $222.71M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 54 | Us Bancorp \De\ | 1.37M | +0.1% | $220.14M | 0.3% | ▲ Add | 2 | SEC ↗ ×4 |
| 55 | AQR Capital Management ✦ | 1.38M | -46.3% | $218.43M | 0.1% | ▼ Trim | 8 | SEC ↗ ×6 |
| 56 | Blair William & Co/Il | 1.30M | +4.4% | $209.19M | 0.6% | ▲ Add | 2 | SEC ↗ |
| 57 | CIBC Bancorp USA Inc. | 1.29M | — | $207.58M | 0.3% | n/c | 1 | SEC ↗ ×3 |
| 58 | Dimensional Fund Advisors Lp | 1.28M | +9.9% | $205.91M | 0.0% | ▲ Add | 2 | SEC ↗ ×5 |
| 59 | Principal Financial Group Inc | 1.27M | +4.2% | $204.19M | 0.1% | ▲ Add | 2 | SEC ↗ ×2 |
| 60 | National Bank Of Canada /Fi/ | 1.24M | +27.2% | $198.68M | 0.2% | ▲ Add | 2 | SEC ↗ ×5 |
| 61 | Captrust Financial Advisors | 1.23M | +77.6% | $197.42M | 0.3% | ▲ Add | 2 | SEC ↗ |
| 62 | American Century Companies Inc | 1.20M | -8.2% | $192.23M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 63 | MIRAE ASSET GLOBAL ETFS HOLDINGS… | 1.20M | +57.4% | $191.96M | 0.3% | ▲ Add | 2 | SEC ↗ ×3 |
| 64 | Robeco Institutional Asset… | 1.18M | +67.3% | $189.90M | 0.3% | ▲ Add | 2 | SEC ↗ |
| 65 | Holocene Advisors, LP | 1.18M | +386.0% | $189.89M | 0.5% | ▲ Add | 2 | SEC ↗ |
| 66 | ProShare Advisors LLC | 1.18M | -4.4% | $189.61M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 67 | California State Teachers… | 1.18M | +14.0% | $189.45M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 68 | Victory Capital Management Inc | 1.15M | +0.7% | $184.93M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 69 | Alliancebernstein L.P. | 996.17K | -39.6% | $183.50M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 70 | Universal- Beteiligungs- und… | 1.14M | +13.8% | $182.37M | 0.3% | ▲ Add | 2 | SEC ↗ |
| 71 | Storebrand Asset Management As | 1.12M | +15.5% | $179.15M | 0.5% | ▲ Add | 2 | SEC ↗ |
| 72 | Neuberger Berman Group LLC | 1.11M | +14.5% | $178.13M | 0.1% | ▲ Add | 2 | SEC ↗ ×2 |
| 73 | Envestnet Asset Management Inc | 1.08M | +12.2% | $173.51M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 74 | Cerity Partners LLC | 1.04M | +9.0% | $165.93M | 0.2% | ▲ Add | 2 | SEC ↗ ×3 |
| 75 | PRIMECAP Management ✦ | 1.03M | +6.8% | $165.80M | 0.1% | ▲ Add | 8 | SEC ↗ |
| 76 | Rockefeller Capital Management L.P. | 1.01M | +3.0% | $162.22M | 0.3% | ▲ Add | 2 | SEC ↗ ×5 |
| 77 | New York State Common Retirement… | 927.89K | +19.6% | $148.76M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 78 | Manufacturers Life Insurance… | 883.42K | +38.7% | $141.63M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 79 | HighTower Advisors, LLC | 877.06K | +28.1% | $140.61M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 80 | Zurcher Kantonalbank (Zurich… | 864.11K | +6.0% | $138.53M | 0.3% | ▲ Add | 2 | SEC ↗ |
| 81 | Corient Private Wealth LP | 804.28K | -71.4% | $135.87M | 0.2% | ▼ Trim | 2 | SEC ↗ ×2 |
| 82 | Bank Julius Baer & Co. Ltd, Zurich | 847.22K | -4.5% | $134.85M | 0.4% | ▼ Trim | 2 | SEC ↗ |
| 83 | Adage Capital Partners ✦ | 838.90K | +237.2% | $134.49M | 0.2% | ▲ Add | 8 | SEC ↗ |
| 84 | Russell Investments Group, Ltd. | 771.15K | +27.0% | $123.02M | 0.1% | ▲ Add | 2 | SEC ↗ ×13 |
| 85 | Danske Bank A/S | 760.52K | -2.3% | $121.93M | 0.3% | ▼ Trim | 2 | SEC ↗ ×3 |
| 86 | Korea Investment CORP | 759.30K | +11.3% | $121.73M | 0.3% | ▲ Add | 2 | SEC ↗ |
| 87 | Janus Henderson Group Plc | 731.86K | -0.9% | $117.33M | 0.1% | ▼ Trim | 2 | SEC ↗ ×2 |
| 88 | Jones Financial Companies Lllp | 753.72K | +302.1% | $110.97M | 0.1% | ▲ Add | 2 | SEC ↗ ×2 |
| 89 | Ensign Peak Advisors, Inc | 666.97K | +10.9% | $106.93M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 90 | State Board Of Administration Of… | 664.82K | +13.3% | $106.58M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 91 | Aberdeen Group plc | 632.00K | +5.0% | $101.32M | 0.2% | ▲ Add | 2 | SEC ↗ ×3 |
| 92 | Focus Partners Wealth | 631.50K | +11.7% | $101.29M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 93 | Mariner, LLC | 614.17K | -13.5% | $98.41M | 0.1% | ▼ Trim | 2 | SEC ↗ ×3 |
| 94 | Credit Agricole S A | 611.50K | -5.6% | $98.03M | 0.3% | ▼ Trim | 2 | SEC ↗ ×8 |
| 95 | Arrowstreet Capital ✦ | 609.93K | +12641.3% | $97.78M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 96 | Federated Hermes, Inc. | 602.59K | -41.5% | $96.61M | 0.2% | ▼ Trim | 2 | SEC ↗ ×4 |
| 97 | Aviva Plc | 590.79K | +3.9% | $94.72M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 98 | Marshall Wace ✦ | 575.07K | -70.4% | $92.19M | 0.1% | ▼ Trim | 8 | SEC ↗ ×2 |
| 99 | Northwestern Mutual Wealth… | 551.45K | +11.0% | $88.41M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 100 | TD Waterhouse Canada Inc. | 543.66K | +8.4% | $87.31M | 0.3% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Norges Bank | $1.42B | was 0.2% |
| Renaissance Technologies | $167.35M | was 0.3% |
| Qube Research & Technologies… | $14.30M | was 0.0% |
| IMC-Chicago, LLC | $12.10M | was 0.2% |
| Tudor Investment Corp Et Al | $10.56M | was 0.1% |
| Harris Associates (Oakmark) | $486,288 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 161.40K shares, $25,875 reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Director · 170 sh · $69,700
Director · 80 sh · $33,370
Officer · 900 sh · $349,819
Officer · 2.16K sh · $842,074
Officer · 9.54K sh · $3.73M
Officer · 5.30K sh · $2.08M
Officer · 6.40K sh · $2.51M
Officer · 2.20K sh · $865,880
Officer · 900 sh · $355,479
Officer · 100 sh · $39,621
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology