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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
Lido Advisors
201
Lido Advisors
California
$41.9M +$6.65M +35,967 +17%
CAI
202
Capital Advisors Inc
Oklahoma
$41.6M +$8.36M +45,210 +23%
TAM
203
Tocqueville Asset Management
New York
$41M -$128K -694 -0.3%
HC
204
Henshaw Capital
Massachusetts
$40.7M
MSV
205
MN Services Vermogensbeheer
Netherlands
$39.4M -$3.37M -18,200 -7%
Comerica Bank
206
Comerica Bank
Texas
$38.5M +$2.39M +12,939 +6%
QPBE
207
Quintet Private Bank (Europe)
Luxembourg
$38.2M -$1.3M -7,050 -3%
TIM
208
Triodos Investment Management
Netherlands
$38.1M -$314K -1,700 -0.8%
PNC Financial Services Group
209
PNC Financial Services Group
Pennsylvania
$37.9M +$2.12M +11,466 +5%
State of Tennessee, Department of Treasury
210
State of Tennessee, Department of Treasury
Tennessee
$37.8M +$289K +1,562 +0.7%
State of New Jersey Common Pension Fund D
211
State of New Jersey Common Pension Fund D
New Jersey
$37.5M -$3.46M -18,685 -8%
AHC
212
Adell Harriman & Carpenter
Texas
$37.5M +$377K +2,037 +0.9%
TI
213
Tidal Investments
Wisconsin
$37.1M +$5.48M +29,656 +16%
KBC Group
214
KBC Group
Belgium
$37M -$3.88M -20,991 -9%
CF
215
Corebridge Financial
Texas
$36.9M -$848K -4,588 -2%
HCMG
216
Howard Capital Management Group
California
$36.6M -$62.9K -340 -0.2%
CM
217
Cercano Management
Washington
$36.4M +$35.9M +194,375 +1,012%
AAM
218
AMI Asset Management
California
$36.4M -$1.33M -7,176 -3%
RAM
219
Resona Asset Management
Japan
$36.3M +$3.24M +17,503 +9%
LA
220
LBP AM
France
$36.3M -$1.86M -10,053 -5%
Vontobel Holding
221
Vontobel Holding
Switzerland
$35.9M -$3.53M -19,066 -8%
SLAM
222
Swiss Life Asset Management
$35.8M +$2.61M +14,107 +7%
GLF
223
Groupe la Francaise
France
$35.4M +$822K +4,445 +2%
Capital Fund Management (CFM)
224
Capital Fund Management (CFM)
France
$35.4M -$47.9M -258,787 -55%
QCM
225
Quantinno Capital Management
New York
$34.8M +$12.5M +67,510 +50%

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.