State of Tennessee, Department of Treasury’s Palo Alto Networks PANW Stock Holding History

State of Tennessee, Department of Treasury’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	$42M	Buy	261,795 +31,856	+14%	+$5.35M	0.14%	135
2025 Q4	$40.7M	Buy	229,939 +1,277	+0.6%	+$258K	0.13%	143
2025 Q3	$46.6M	Buy	228,662 +16,107	+8%	+$3.08M	0.16%	126
2025 Q2	$43.5M	Sell	212,555 -9,239	-4%	-$1.72M	0.16%	121
2025 Q1	$37.8M	Buy	221,794 +1,562	+0.7%	+$289K	0.15%	134
2024 Q4	$40.1M	Buy	220,232 +28,168	+15%	+$5.32M	0.15%	127
2024 Q3	$32.8M	Sell	192,064 -19,288	-9%	-$3.25M	0.12%	162
2024 Q2	$35.8M	Sell	211,352 -34,444	-14%	-$5.15M	0.13%	137
2024 Q1	$34.9M	Sell	245,796 -42,010	-15%	-$6.63M	0.13%	146
2023 Q4	$42.4M	Buy	287,806 +42,564	+17%	+$5.69M	0.17%	117
2023 Q3	$28.7M	Buy	245,242 +86,220	+54%	+$10.2M	0.12%	151
2023 Q2	$20.3M	Buy	+159,022	New	+$16.5M	0.09%	215
2019 Q1	–	Sell	-153,696	Closed	-$4.83M	–	1630
2018 Q4	$4.83M	Buy	+153,696	New	+$4.79M	0.03%	503
2015 Q4	–	Sell	-365,328	Closed	-$10.5M	–	1446
2015 Q3	$10.5M	Buy	+365,328	New	+$10.8M	0.06%	300
2015 Q2	–	Sell	-324,888	Closed	-$7.91M	–	1447
2015 Q1	$7.91M	Buy	+324,888	New	+$7.27M	0.04%	427

Other funds holding PANW

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 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 $1.88T AUM 44.46% 1-Year Est. Return

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

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

State of Tennessee, Department of Treasury's PANW Position: Q1 2026 in Review

State of Tennessee, Department of Treasury increased its Palo Alto Networks (PANW) stake by 14% in Q1 2026, buying an estimated $5.35M and bringing the position to 261,795 shares worth $42M. The position accounts for 0.14% of the portfolio, ranked #135.

State of Tennessee, Department of Treasury first reported a position in PANW in Q1 2015 and has held it in 15 quarters since. The position peaked at $46.6M in Q3 2025. 2,469 funds tracked by Wall St. Rank hold PANW as of Q1 2026.

State of Tennessee, Department of Treasury held 261,795 shares of Palo Alto Networks worth $42M as of Q1 2026.
State of Tennessee, Department of Treasury bought 31,856 Palo Alto Networks shares in Q1 2026, an estimated $5.35M.
Palo Alto Networks made up 0.14% of State of Tennessee, Department of Treasury's portfolio in Q1 2026, its #135 holding.
State of Tennessee, Department of Treasury first reported a position in Palo Alto Networks in Q1 2015 and has held it in 15 quarters since.
State of Tennessee, Department of Treasury's Palo Alto Networks position peaked at $46.6M in Q3 2025.
2,469 funds tracked by Wall St. Rank held Palo Alto Networks as of Q1 2026.

Based on State of Tennessee, Department of Treasury's 13F filing for Q1 2026, filed 15 May 2026.