Sandhill Capital Partners’s Palo Alto Networks PANW Stock Holding History

Sandhill Capital Partners’s Portfolio PANW Stock Details PANW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$42.4M	Sell	264,469 -136,364	-34%	-$22.9M	3.65%	8
2025 Q4	$73.8M	Sell	400,833 -13,712	-3%	-$2.77M	5.26%	3
2025 Q3	$84.4M	Sell	414,545 -3,857	-0.9%	-$738K	5.89%	2
2025 Q2	$85.6M	Buy	418,402 +1,924	+0.5%	+$357K	6.15%	2
2025 Q1	$71.1M	Sell	416,478 -8,123	-2%	-$1.5M	5.84%	2
2024 Q4	$77.3M	Sell	424,601 -30,339	-7%	-$5.73M	6.06%	2
2024 Q3	$77.7M	Sell	454,940 -7,128	-2%	-$1.2M	5.54%	2
2024 Q2	$78.3M	Sell	462,068 -5,424	-1%	-$811K	6.01%	2
2024 Q1	$66.4M	Buy	467,492 +10,656	+2%	+$1.68M	5.31%	2
2023 Q4	$67.4M	Sell	456,836 -84,206	-16%	-$11.3M	5.6%	2
2023 Q3	$63.4M	Sell	541,042 -3,614	-0.7%	-$428K	5.93%	1
2023 Q2	$69.6M	Sell	544,656 -3,998	-0.7%	-$416K	6.34%	1
2023 Q1	$54.8M	Sell	548,654 -8,726	-2%	-$739K	5.25%	2
2022 Q4	$38.9M	Buy	557,380 +50,038	+10%	+$4.02M	4.15%	5
2022 Q3	$41.5M	Sell	507,342 -27,912	-5%	-$2.42M	4.74%	2
2022 Q2	$44.1M	Sell	535,254 -72,156	-12%	-$6.4M	4.71%	2
2022 Q1	$63M	Sell	607,410 -10,074	-2%	-$902K	5.42%	1
2021 Q4	$57.3M	Buy	617,484 +6,624	+1%	+$573K	4.45%	3
2021 Q3	$48.8M	Buy	+610,860	New	+$42.9M	3.91%	6

Other funds holding PANW

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Sandhill Capital Partners's PANW Position: Q1 2026 in Review

Sandhill Capital Partners reduced its Palo Alto Networks (PANW) stake by 34% in Q1 2026, selling an estimated $22.9M and leaving 264,469 shares worth $42.4M. The position accounts for 3.65% of the portfolio, ranked #8.

Sandhill Capital Partners first reported a position in PANW in Q3 2021 and has held it in 19 quarters since. The position peaked at $85.6M in Q2 2025. 2,462 funds tracked by Wall St. Rank hold PANW as of Q1 2026.

Sandhill Capital Partners held 264,469 shares of Palo Alto Networks worth $42.4M as of Q1 2026.
Sandhill Capital Partners sold 136,364 Palo Alto Networks shares in Q1 2026, an estimated $22.9M.
Palo Alto Networks made up 3.65% of Sandhill Capital Partners's portfolio in Q1 2026, its #8 holding.
Sandhill Capital Partners first reported a position in Palo Alto Networks in Q3 2021 and has held it in 19 quarters since.
Sandhill Capital Partners's Palo Alto Networks position peaked at $85.6M in Q2 2025.
2,462 funds tracked by Wall St. Rank held Palo Alto Networks as of Q1 2026.

Based on Sandhill Capital Partners's 13F filing for Q1 2026, filed 14 May 2026.