SC XI Management’s Palo Alto Networks PANW Stock Holding History

SC XI Management’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
2015 Q4	–	Sell	-12,108,132	Closed	-$347M	–	2
2015 Q3	$347M	Sell	12,108,132 -12,108,150	-50%	-$357M	69.96%	1
2015 Q2	$705M	Hold	24,216,282	–	–	84.69%	1
2015 Q1	$590M	Hold	24,216,282	–	–	86.76%	1
2014 Q4	$495M	Sell	24,216,282 -12,108,138	-33%	-$223M	82.64%	1
2014 Q3	$594M	Hold	36,324,420	–	–	81.98%	1
2014 Q2	$508M	Hold	36,324,420	–	–	49.91%	1
2014 Q1	$415M	Sell	36,324,420 -36,324,432	-50%	-$412M	22.24%	2
2013 Q4	$696M	Hold	72,648,852	–	–	38.55%	2
2013 Q3	$555M	Hold	72,648,852	–	–	33.75%	2
2013 Q2	$510M	Buy	+72,648,852	New	+$605M	78.39%	1

Other funds holding PANW

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $26.9B AUM 34.44% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Winslow Capital Management Minneapolis, Minnesota $29.1B AUM 43.86% 1-Year Est. Return

SC XI Management's PANW Position: Q4 2015 in Review

SC XI Management sold out of Palo Alto Networks (PANW) in Q4 2015, closing a stake of 12,108,132 shares — an estimated $347M sold.

SC XI Management first reported a position in PANW in Q2 2013 and held it in 10 quarters. The position peaked at $705M in Q2 2015. 566 funds tracked by Wall St. Rank hold PANW as of Q4 2015.

SC XI Management reported no remaining Palo Alto Networks position as of Q4 2015 after selling out during the quarter.
SC XI Management sold 12,108,132 Palo Alto Networks shares in Q4 2015, an estimated $347M.
SC XI Management first reported a position in Palo Alto Networks in Q2 2013 and held it in 10 quarters.
SC XI Management's Palo Alto Networks position peaked at $705M in Q2 2015.
566 funds tracked by Wall St. Rank held Palo Alto Networks as of Q4 2015.

Based on SC XI Management's 13F filing for Q4 2015, filed 12 Feb 2016.