SCGE Management’s Palo Alto Networks PANW Stock Holding History

SCGE 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
2025 Q4	–	Sell	-1,885,000	Closed	-$384M	–	23
2025 Q3	$384M	Hold	1,885,000	–	–	7.49%	3
2025 Q2	$386M	Hold	1,885,000	–	–	8.09%	2
2025 Q1	$322M	Buy	1,885,000 +437,000	+30%	+$80.8M	9.27%	4
2024 Q4	$263M	Buy	1,448,000 +378,000	+35%	+$71.4M	4.87%	6
2024 Q3	$183M	Buy	1,070,000 +286,000	+36%	+$48.1M	3.98%	8
2024 Q2	$133M	Hold	784,000	–	–	2.6%	12
2024 Q1	$111M	Hold	784,000	–	–	2.11%	14
2023 Q4	$116M	Hold	784,000	–	–	2.58%	14
2023 Q3	$91.9M	Buy	784,000 +401,050	+105%	+$47.5M	2.39%	14
2023 Q2	$48.9M	Buy	+382,950	New	+$39.8M	1.15%	20
2017 Q2	–	Sell	-1,350,000	Closed	-$25.4M	–	14
2017 Q1	$25.4M	Hold	1,350,000	–	–	6.59%	9
2016 Q4	$28.1M	Hold	1,350,000	–	–	9.38%	7
2016 Q3	$35.8M	Hold	1,350,000	–	–	9.98%	5
2016 Q2	$27.6M	Hold	1,350,000	–	–	8.54%	6
2016 Q1	$36.7M	Buy	1,350,000 +150,000	+13%	+$3.69M	6.14%	7
2015 Q4	$35.2M	Hold	1,200,000	–	–	5.34%	9
2015 Q3	$34.4M	Hold	1,200,000	–	–	5.57%	8
2015 Q2	$34.9M	Hold	1,200,000	–	–	4.65%	10
2015 Q1	$29.2M	Sell	1,200,000 -1,800,000	-60%	-$40.3M	4.2%	11
2014 Q4	$61.3M	Sell	3,000,000 -600,000	-17%	-$11.1M	8.49%	1
2014 Q3	$58.9M	Hold	3,600,000	–	–	7.3%	3
2014 Q2	$50.3M	Hold	3,600,000	–	–	6.15%	6
2014 Q1	$41.2M	Hold	3,600,000	–	–	5.58%	8
2013 Q4	$34.5M	Buy	3,600,000 +2,935,938	+442%	+$23.3M	4.98%	10
2013 Q3	$3.96M	Hold	664,062	–	–	0.66%	21
2013 Q2	$4.67M	Buy	+664,062	New	+$5.53M	1.03%	20

Other funds holding PANW

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

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

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 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

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

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

SCGE Management's PANW Position: Q4 2025 in Review

SCGE Management sold out of Palo Alto Networks (PANW) in Q4 2025, closing a stake of 1,885,000 shares — an estimated $384M sold.

SCGE Management first reported a position in PANW in Q2 2013 and held it in 26 quarters. The position peaked at $386M in Q2 2025. 2,525 funds tracked by Wall St. Rank hold PANW as of Q4 2025.

SCGE Management reported no remaining Palo Alto Networks position as of Q4 2025 after selling out during the quarter.
SCGE Management sold 1,885,000 Palo Alto Networks shares in Q4 2025, an estimated $384M.
SCGE Management first reported a position in Palo Alto Networks in Q2 2013 and held it in 26 quarters.
SCGE Management's Palo Alto Networks position peaked at $386M in Q2 2025.
2,525 funds tracked by Wall St. Rank held Palo Alto Networks as of Q4 2025.

Based on SCGE Management's 13F filing for Q4 2025, filed 13 Feb 2026.