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Palo Alto Networks

2,008 hedge funds and large institutions have $84.6B invested in Palo Alto Networks in 2024 Q2 according to their latest regulatory filings, with 271 funds opening new positions, 904 increasing their positions, 597 reducing their positions, and 138 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 271 | Existing positions closed: 138

65% more funds holding in top 10

Funds holding in top 10: 4981 (+32)

51% more repeat investments, than reductions

Existing positions increased: 904 | Existing positions reduced: 597

21% more capital invested

Capital invested by funds: $70B → $84.6B (+$14.6B)

6% more funds holding

Funds holding: 1,9002,008 (+108)

0.42% more ownership

Funds ownership: 152.84%153.26% (+0.42%)

42% less call options, than puts

Call options by funds: $4.71B | Put options by funds: $8.06B

Holders
2,008
Holders Change
+108
Holders Change %
+5.68%
% of All Funds
29%
Holding in Top 10
81
Holding in Top 10 Change
+32
Holding in Top 10 Change %
+65.31%
% of All Funds
1.17%
New
271
Increased
904
Reduced
597
Closed
138
Calls
$4.71B
Puts
$8.06B
Net Calls
-$3.35B
Net Calls Change
-$1.32B
Name Holding Trade Value Shares
Change
Change in
Stake
Jennison Associates
26
Jennison Associates
New York
$711M -$215M -1,435,678 -26%
Amundi
27
Amundi
France
$693M +$140M +936,176 +30%
Charles Schwab
28
Charles Schwab
California
$669M +$30.9M +206,312 +6%
Barclays
29
Barclays
United Kingdom
$635M +$21.7M +145,164 +4%
Franklin Resources
30
Franklin Resources
California
$564M -$172M -1,149,178 -26%
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$563M +$11.2M +74,632 +2%
LA
32
LM Advisors
California
$493M +$482K +3,220 New
Pictet Asset Management
33
Pictet Asset Management
Switzerland
$482M -$30.3M -202,804 -7%
AllianceBernstein
34
AllianceBernstein
Tennessee
$423M +$11.4M +76,126 +3%
Deutsche Bank
35
Deutsche Bank
Germany
$357M +$35.4M +236,868 +13%
BNP Paribas Asset Management
36
BNP Paribas Asset Management
France
$348M -$13.5M -90,390 -4%
T. Rowe Price Associates
37
T. Rowe Price Associates
Maryland
$343M +$29.9M +199,982 +11%
William Blair Investment Management
38
William Blair Investment Management
Illinois
$339M +$22.1M +147,844 +8%
Schroder Investment Management Group
39
Schroder Investment Management Group
United Kingdom
$338M +$6.59M +44,050 +2%
Stifel Financial
40
Stifel Financial
Missouri
$324M -$10.9M -72,988 -4%
Swiss National Bank
41
Swiss National Bank
Switzerland
$324M +$3.71M +24,800 +1%
HSBC Holdings
42
HSBC Holdings
United Kingdom
$291M +$50M +334,058 +24%
MU
43
Mirova US
Massachusetts
$286M +$5.1M +34,120 +2%
BNP Paribas Financial Markets
44
BNP Paribas Financial Markets
France
$277M +$12.1M +81,122 +5%
Citigroup
45
Citigroup
New York
$273M +$17.4M +116,656 +8%
Jane Street
46
Jane Street
New York
$263M +$140M +938,856 +153%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$255M -$7.36M -49,174 -3%
CIBC Private Wealth Group
48
CIBC Private Wealth Group
Georgia
$246M +$3.87M +25,862 +2%
Corient Private Wealth
49
Corient Private Wealth
Florida
$232M +$6.39M +42,720 +3%
Fifth Third Bancorp
50
Fifth Third Bancorp
Ohio
$230M +$13.3M +88,934 +7%

PANW Hedge Fund Activity: Q2 2024 in Review

2,008 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q2 2024, worth a combined $84.6B — up 21% from $70B a quarter earlier.

Buyers outnumbered sellers: 271 funds opened new PANW positions and 138 closed out — a net gain of 133 holders — while 904 added to existing stakes and 597 trimmed.

The largest buyer was UBS AM, adding an estimated $337M. The largest seller was Norges Bank, cutting an estimated $614M.

  • 2,008 institutional investors held Palo Alto Networks (PANW) as of Q2 2024, up from 1,900 in Q1 2024.
  • Funds reported $84.6B of Palo Alto Networks stock for Q2 2024, up 21% quarter-over-quarter.
  • 271 funds opened new Palo Alto Networks positions in Q2 2024 and 138 closed out, a net change of +133 holders.
  • The largest Palo Alto Networks buyer in Q2 2024 was UBS AM, an estimated $337M added.
  • The largest Palo Alto Networks seller in Q2 2024 was Norges Bank, an estimated $614M sold.

Based on aggregated 13F filings for Q2 2024.