Palo Alto Networks
PANW
2,937 hedge funds and large institutions have $227B invested in Palo Alto Networks in 2026 Q2 according to their latest regulatory filings, with 608 funds opening new positions, 952 increasing their positions, 1,142 reducing their positions, and 129 closing their positions.
371% more first-time investments, than exits
New positions opened: 608 | Existing positions closed: 129
193% more funds holding in top 10
Funds holding in top 10: 57 → 167 (+110)
58% more capital inflows, than outflows
Capital inflows: $16.3B | Capital outflows: $10.3B
18% more funds holding
Funds holding: 2,489 → 2,937 (+448)
3% more ownership
Funds ownership: 79.04% → 82.04% (+3%)
8% more call options, than puts
Call options by funds: $10.9B | Put options by funds: $10.1B
17% less repeat investments, than reductions
Existing positions increased: 952 | Existing positions reduced: 1,142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.74B |
| 2 |
JP Morgan Chase
New York
|
+$1.89B |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$1.26B |
| 4 |
BlackRock
New York
|
+$760M |
| 5 |
Jane Street
New York
|
+$487M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$657M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
-$583M |
| 3 |
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$488M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$343M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$277M |
PANW Hedge Fund Activity: Q2 2026 in Review
2,937 of the 8,374 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q2 2026, worth a combined $227B — up 120% from $103B a quarter earlier.
Buyers outnumbered sellers: 608 funds opened new PANW positions and 129 closed out — a net gain of 479 holders — while 952 added to existing stakes and 1,142 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $2.74B. The largest seller was Morgan Stanley, cutting an estimated $657M.
- 2,937 institutional investors held Palo Alto Networks (PANW) as of Q2 2026, up from 2,489 in Q1 2026.
- Funds reported $227B of Palo Alto Networks stock for Q2 2026, up 120% quarter-over-quarter.
- 608 funds opened new Palo Alto Networks positions in Q2 2026 and 129 closed out, a net change of +479 holders.
- The largest Palo Alto Networks buyer in Q2 2026 was Fidelity Investments, an estimated $2.74B added.
- The largest Palo Alto Networks seller in Q2 2026 was Morgan Stanley, an estimated $657M sold.
Based on aggregated 13F filings for Q2 2026.