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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
Victory Capital Management
76
Victory Capital Management
Texas
$158M +$996K +5,388 +0.6%
CIBC Private Wealth Group
77
CIBC Private Wealth Group
Georgia
$151M -$11.1M -59,771 -6%
EPFB
78
Employees Provident Fund Board
Malaysia
$148M -$3.6M -19,468 -2%
Cerity Partners
79
Cerity Partners
New York
$146M +$6.51M +35,181 +4%
CAPTRUST Financial Advisors
80
CAPTRUST Financial Advisors
North Carolina
$145M +$10.9M +59,138 +7%
BA
81
Bridgewater Associates
Connecticut
$145M +$156M +845,118 +27,131%
Prudential Financial
82
Prudential Financial
New Jersey
$143M +$92.7M +501,114 +148%
Russell Investments Group
83
Russell Investments Group
United Kingdom
$141M +$4.95M +26,747 +3%
SAM
84
Storebrand Asset Management
Norway
$141M -$1.22M -6,576 -0.8%
RG
85
Rathbones Group
United Kingdom
$140M +$145K +784 +0.1%
New York State Common Retirement Fund
86
New York State Common Retirement Fund
New York
$140M +$925K +5,000 +0.6%
Mirae Asset Global ETFs Holdings
87
Mirae Asset Global ETFs Holdings
Hong Kong
$139M +$11.9M +64,616 +9%
Two Sigma Investments
88
Two Sigma Investments
New York
$138M +$74.1M +400,479 +98%
QP
89
Quilter Plc
United Kingdom
$136M +$20.5M +110,608 +16%
Rockefeller Capital Management
90
Rockefeller Capital Management
New York
$136M +$2.57M +13,893 +2%
CS
91
Candriam SCA
Luxembourg
$136M +$5.14M +27,797 +4%
Two Sigma Advisers
92
Two Sigma Advisers
New York
$133M +$69.1M +373,922 +92%
Truist Financial
93
Truist Financial
North Carolina
$131M +$17.7M +95,786 +14%
Bank Julius Baer & Co
94
Bank Julius Baer & Co
Switzerland
$126M +$131M +711,045 +2,772%
Canada Life
95
Canada Life
Manitoba, Canada
$124M +$6.73M +36,410 +5%
DB
96
Danske Bank
Denmark
$124M +$12.5M +67,606 +10%
RMDI
97
R.M. Davis Inc
Maine
$121M -$1.36M -7,375 -1%
BIM
98
Bridges Investment Management
Nebraska
$120M -$882K -4,768 -0.7%
CIP
99
Champlain Investment Partners
Vermont
$117M -$10.7M -58,128 -8%
Millennium Management
100
Millennium Management
New York
$116M +$120M +648,757 +2,224%

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.