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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
ASC
176
Atalanta Sosnoff Capital
New York
$50.4M -$413K -2,235 -0.8%
UBP
177
Union Bancaire Privee
Switzerland
$50.3M +$1.02M +5,529 +2%
Caisse de Depot et Placement du Quebec (CDPQ)
178
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$50.2M -$17.3M -93,368 -24%
AIM
179
Achmea Investment Management
Netherlands
$49.8M +$4.45M +24,062 +9%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
180
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$49.5M +$19.6M +106,178 +58%
NC
181
Nicholas Company
Wisconsin
$48.6M -$7.77M -42,032 -13%
RBI
182
Raiffeisen Bank International
Austria
$48.5M -$2.75M -14,849 -5%
CIBC Asset Management
183
CIBC Asset Management
Ontario, Canada
$48.2M -$612K -3,310 -1%
Osaic Holdings
184
Osaic Holdings
Arizona
$48M +$6.07M +32,802 +13%
KK
185
KLP Kapitalforvaltning
Norway
$46.3M +$1.68M +9,100 +3%
BP
186
BNP Paribas
France
$45.7M -$353K -1,910 -0.7%
TC
187
Tairen Capital
Hong Kong
$45.5M +$49.3M +266,800 New
Ohio Public Employees Retirement System (OPERS)
188
Ohio Public Employees Retirement System (OPERS)
Ohio
$45.4M -$1.63M -8,807 -3%
SEI Investments
189
SEI Investments
Pennsylvania
$45.4M +$11.2M +60,444 +29%
Calamos Advisors
190
Calamos Advisors
Illinois
$45.3M +$415K +2,245 +0.9%
Toronto Dominion Bank
191
Toronto Dominion Bank
Ontario, Canada
$44.5M +$6.08M +32,893 +14%
FDCDDQ
192
Federation des caisses Desjardins du Quebec
Quebec, Canada
$44M +$5.59M +30,219 +13%
CIBC World Market
193
CIBC World Market
Ontario, Canada
$43.8M -$17.3M -93,350 -27%
EOJOAM
194
E. Ohman J:or Asset Management
Sweden
$43.8M -$12.3M -66,269 -21%
Mirae Asset Global Investments
195
Mirae Asset Global Investments
South Korea
$43.4M +$9.28M +50,189 +25%
EB
196
Eastern Bank
Massachusetts
$43.3M -$3.4M -18,394 -7%
Rafferty Asset Management
197
Rafferty Asset Management
New York
$43.3M -$7.82M -42,312 -14%
WTA
198
Washington Trust Advisors
Massachusetts
$42.7M -$799K -4,319 -2%
TNB
199
Thomasville National Bank
Georgia
$42.6M -$1.24M -6,731 -3%
Hudson Bay Capital Management
200
Hudson Bay Capital Management
Connecticut
$41.9M +$8.45M +45,701 +23%

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.