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Palo Alto Networks

2,257 hedge funds and large institutions have $88B invested in Palo Alto Networks in 2025 Q1 according to their latest regulatory filings, with 176 funds opening new positions, 1,063 increasing their positions, 756 reducing their positions, and 173 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 1,063 | Existing positions reduced: 756

2% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 173

0.01% more ownership

Funds ownership: 77.89%77.91% (+0.01%)

2% less funds holding

Funds holding: 2,2922,257 (-35)

7% less capital invested

Capital invested by funds: $94.3B → $88B (-$6.35B)

7% less funds holding in top 10

Funds holding in top 10: 7267 (-5)

44% less call options, than puts

Call options by funds: $3.15B | Put options by funds: $5.6B

Holders
2,257
Holders Change
-35
Holders Change %
-1.53%
% of All Funds
30.26%
Holding in Top 10
67
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-6.94%
% of All Funds
0.9%
New
176
Increased
1,063
Reduced
756
Closed
173
Calls
$3.15B
Puts
$5.6B
Net Calls
-$2.45B
Net Calls Change
+$1.54B
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
351
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$17.6M +$1.54M +8,339 +9%
DF
352
DNCA Finance
France
$17.5M +$555K +3,000 +3%
FSA
353
Franklin Street Advisors
North Carolina
$17.4M +$245K +1,326 +1%
PF
354
Phoenix Financial
Israel
$17.3M -$68.5M -370,526 -79%
NA
355
NewEdge Advisors
Louisiana
$17.3M +$1.21M +6,563 +7%
VMPIC
356
Varma Mutual Pension Insurance Co
Finland
$17.2M -$1.57M -8,500 -8%
NIM
357
Northeast Investment Management
Massachusetts
$17M +$7.81M +42,226 +74%
MC
358
Middleton & Co
Massachusetts
$16.7M -$1.01M -5,472 -5%
CIS
359
Connors Investor Services
Pennsylvania
$16.7M -$49.4K -267 -0.3%
NYLIM
360
New York Life Investment Management
New York
$16.7M +$113K +612 +0.6%
UB
361
UMB Bank
Missouri
$16.7M -$935K -5,054 -5%
Jane Street
362
Jane Street
New York
$16.4M -$3.22M -17,429 -15%
Twin Tree Management
363
Twin Tree Management
Texas
$16.3M -$42.1M -227,717 -70%
Susquehanna International Group
364
Susquehanna International Group
Pennsylvania
$16.3M -$80.7M -436,294 -82%
FT
365
Fiduciary Trust
Massachusetts
$16.3M +$204K +1,104 +1%
UAS
366
United Asset Strategies
New York
$16.2M +$491K +2,656 +3%
PFSRSONJ
367
Police & Firemen's Retirement System of New Jersey
New Jersey
$16.1M +$1.85K +10 +0%
DAS
368
Diversify Advisory Services
Utah
$15.9M -$995K -5,382 -6%
GXJ
369
Global X Japan
Japan
$15.8M +$1.79M +9,655 +12%
D.E. Shaw & Co
370
D.E. Shaw & Co
New York
$15.6M -$13.7M -74,104 -45%
KC
371
Kadensa Capital
Hong Kong
$15.5M -$9.48M -51,252 -36%
P
372
&Partners
Tennessee
$15.5M -$179K -969 -1%
Envestnet Portfolio Solutions
373
Envestnet Portfolio Solutions
Illinois
$15.5M +$1.49M +8,083 +10%
FMII
374
Farmers & Merchants Investments Inc
Nebraska
$15.4M +$1.63M +8,804 +11%
Jones Financial Companies
375
Jones Financial Companies
Missouri
$15.4M +$5.57M +30,097 +51%

PANW Hedge Fund Activity: Q1 2025 in Review

2,257 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q1 2025, worth a combined $88B — down 6.7% from $94.3B a quarter earlier.

Buyers outnumbered sellers: 176 funds opened new PANW positions and 173 closed out — a net gain of 3 holders — while 1,063 added to existing stakes and 756 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $939M. The largest seller was Jennison Associates, cutting an estimated $1.06B.

  • 2,257 institutional investors held Palo Alto Networks (PANW) as of Q1 2025, down from 2,292 in Q4 2024.
  • Funds reported $88B of Palo Alto Networks stock for Q1 2025, down 6.7% quarter-over-quarter.
  • 176 funds opened new Palo Alto Networks positions in Q1 2025 and 173 closed out, a net change of +3 holders.
  • The largest Palo Alto Networks buyer in Q1 2025 was Fidelity Investments, an estimated $939M added.
  • The largest Palo Alto Networks seller in Q1 2025 was Jennison Associates, an estimated $1.06B sold.

Based on aggregated 13F filings for Q1 2025.