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State of Michigan Retirement System’s Palo Alto Networks PANW Stock Holding History

State of Michigan Retirement System’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
Q2 		$83.2M Buy
244,039
+32,939
+16% +$7.54M 0.37% 52
2026
Q1 		$33.8M Buy
211,100
+32,000
+18% +$5.38M 0.18% 106
2025
Q4 		$33M Sell
179,100
-1,500
-0.8% -$303K 0.16% 107
2025
Q3 		$36.8M Buy
180,600
+600
+0.3% +$115K 0.18% 102
2025
Q2 		$36.8M Buy
180,000
+400
+0.2% +$74.3K 0.19% 100
2025
Q1 		$30.6M Buy
179,600
+2,000
+1% +$370K 0.18% 107
2024
Q4 		$32.3M Buy
177,600
+1,200
+0.7% +$227K 0.17% 102
2024
Q3 		$30.1M Sell
176,400
-600
-0.3% -$101K 0.15% 113
2024
Q2 		$30M Buy
177,000
+4,200
+2% +$628K 0.15% 111
2024
Q1 		$24.5M Sell
172,800
-418,720
-71% -$66.1M 0.13% 130
2023
Q4 		$87.2M Buy
591,520
+2,600
+0.4% +$348K 0.52% 32
2023
Q3 		$69M Buy
588,920
+1,200
+0.2% +$142K 0.45% 39
2023
Q2 		$75.1M Buy
587,720
+72,800
+14% +$7.58M 0.46% 37
2023
Q1 		$51.4M Buy
514,920
+30,800
+6% +$2.61M 0.34% 53
2022
Q4 		$33.8M Buy
484,120
+78,400
+19% +$6.3M 0.24% 92
2022
Q3 		$33.2M Buy
405,720
+145,920
+56% +$12.6M 0.24% 80
2022
Q2 		$21.4M Buy
+259,800
New +$23M 0.15% 123
2020
Q1 		– Sell
-660,000
Closed -$25.4M – 953
2019
Q4 		$25.4M Buy
660,000
+180,000
+38% +$6.81M 0.21% 120
2019
Q3 		$16.3M Buy
480,000
+180,000
+60% +$6.37M 0.15% 138
2019
Q2 		$10.2M Buy
300,000
+96,000
+47% +$3.59M 0.09% 187
2019
Q1 		$8.26M Hold
204,000
– – 0.07% 239
2018
Q4 		$6.4M Sell
204,000
-96,000
-32% -$2.99M 0.06% 256
2018
Q3 		$11.3M Buy
+300,000
New +$10.9M 0.08% 197

Other funds holding PANW

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

State of Michigan Retirement System's PANW Position: Q2 2026 in Review

State of Michigan Retirement System increased its Palo Alto Networks (PANW) stake by 16% in Q2 2026, buying an estimated $7.54M and bringing the position to 244,039 shares worth $83.2M. The position accounts for 0.37% of the portfolio, ranked #52.

State of Michigan Retirement System first reported a position in PANW in Q3 2018 and has held it in 23 quarters since. The position peaked at $87.2M in Q4 2023. 2,888 funds tracked by Wall St. Rank hold PANW as of Q2 2026.

  • State of Michigan Retirement System held 244,039 shares of Palo Alto Networks worth $83.2M as of Q2 2026.
  • State of Michigan Retirement System bought 32,939 Palo Alto Networks shares in Q2 2026, an estimated $7.54M.
  • Palo Alto Networks made up 0.37% of State of Michigan Retirement System's portfolio in Q2 2026, its #52 holding.
  • State of Michigan Retirement System first reported a position in Palo Alto Networks in Q3 2018 and has held it in 23 quarters since.
  • State of Michigan Retirement System's Palo Alto Networks position peaked at $87.2M in Q4 2023.
  • 2,888 funds tracked by Wall St. Rank held Palo Alto Networks as of Q2 2026.

Based on State of Michigan Retirement System's 13F filing for Q2 2026, filed 30 Jul 2026.