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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
SAM
76
Storebrand Asset Management
Norway
$148M -$10.9M -72,984 -8%
Mirae Asset Global ETFs Holdings
77
Mirae Asset Global ETFs Holdings
Hong Kong
$140M +$124M +827,362 New
Cerity Partners
78
Cerity Partners
New York
$139M +$1.83M +12,248 +2%
Principal Financial Group
79
Principal Financial Group
Iowa
$139M +$8.97M +59,984 +8%
New York State Common Retirement Fund
80
New York State Common Retirement Fund
New York
$137M -$787K -5,262 -0.6%
SM
81
SCGE Management
California
$133M
Rockefeller Capital Management
82
Rockefeller Capital Management
New York
$131M +$5.81M +38,812 +5%
RMDI
83
R.M. Davis Inc
Maine
$129M -$2.02M -13,478 -2%
RPI
84
Railway Pension Investments
United Kingdom
$124M -$39.9M -266,600 -27%
CAPTRUST Financial Advisors
85
CAPTRUST Financial Advisors
North Carolina
$123M -$65M -434,330 -37%
DekaBank Deutsche Girozentrale
86
DekaBank Deutsche Girozentrale
Germany
$121M -$1.31M -8,776 -1%
Canada Life
87
Canada Life
Manitoba, Canada
$120M +$7.24M +48,372 +7%
Citadel Advisors
88
Citadel Advisors
Florida
$119M +$54.5M +364,638 +107%
QP
89
Quilter Plc
United Kingdom
$119M +$9.53M +63,734 +10%
BIM
90
Bridges Investment Management
Nebraska
$116M +$48.9M +327,124 +91%
RJFSA
91
Raymond James Financial Services Advisors
Florida
$115M +$3.82M +25,512 +4%
ProShare Advisors
92
ProShare Advisors
Maryland
$115M -$10.8M -72,250 -10%
Ensign Peak Advisors
93
Ensign Peak Advisors
Utah
$106M -$8.57M -57,312 -8%
CS
94
Candriam SCA
Luxembourg
$105M +$5.36M +35,808 +6%
Wellington Management Group
95
Wellington Management Group
Massachusetts
$104M -$50.4M -336,660 -35%
Truist Financial
96
Truist Financial
North Carolina
$104M +$11.3M +75,302 +14%
ERSOT
97
Employees Retirement System of Texas
Texas
$103M +$21.5M +143,492 +31%
Adage Capital Partners
98
Adage Capital Partners
Massachusetts
$103M +$7.66M +51,200 +9%
New York State Teachers Retirement System (NYSTRS)
99
New York State Teachers Retirement System (NYSTRS)
New York
$103M +$3.76M +25,110 +4%
State Board of Administration of Florida Retirement System
100
State Board of Administration of Florida Retirement System
Florida
$102M -$8.18M -54,688 -8%

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.