Palo Alto Networks
PANW
1,900 hedge funds and large institutions have $70B invested in Palo Alto Networks in 2024 Q1 according to their latest regulatory filings, with 254 funds opening new positions, 863 increasing their positions, 599 reducing their positions, and 164 closing their positions.
55% more first-time investments, than exits
New positions opened: 254 | Existing positions closed: 164
44% more repeat investments, than reductions
Existing positions increased: 863 | Existing positions reduced: 599
3% more funds holding
Funds holding: 1,838 → 1,900 (+62)
13% less capital invested
Capital invested by funds: $80.2B → $70B (-$10.2B)
19.54% less ownership
Funds ownership: 172.39% → 152.84% (-20%)
30% less call options, than puts
Call options by funds: $4.74B | Put options by funds: $6.77B
49% less funds holding in top 10
Funds holding in top 10: 97 → 49 (-48)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$316M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$264M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$166M |
| 4 |
MU
Mirova US
Boston,
Massachusetts
|
+$147M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.49B |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$488M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$454M |
| 4 |
Goldman Sachs
New York
|
-$406M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$341M |
PANW Hedge Fund Activity: Q1 2024 in Review
1,900 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q1 2024, worth a combined $70B — down 13% from $80.2B a quarter earlier.
Buyers outnumbered sellers: 254 funds opened new PANW positions and 164 closed out — a net gain of 90 holders — while 863 added to existing stakes and 599 trimmed.
The largest buyer was Vanguard Group, adding an estimated $316M. The largest seller was Morgan Stanley, cutting an estimated $3.49B.
- 1,900 institutional investors held Palo Alto Networks (PANW) as of Q1 2024, up from 1,838 in Q4 2023.
- Funds reported $70B of Palo Alto Networks stock for Q1 2024, down 13% quarter-over-quarter.
- 254 funds opened new Palo Alto Networks positions in Q1 2024 and 164 closed out, a net change of +90 holders.
- The largest Palo Alto Networks buyer in Q1 2024 was Vanguard Group, an estimated $316M added.
- The largest Palo Alto Networks seller in Q1 2024 was Morgan Stanley, an estimated $3.49B sold.
Based on aggregated 13F filings for Q1 2024.