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Palo Alto Networks

511 hedge funds and large institutions have $9.05B invested in Palo Alto Networks in 2016 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 244 increasing their positions, 147 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more repeat investments, than reductions

Existing positions increased: 244 | Existing positions reduced: 147

6% less funds holding

Funds holding: 546511 (-35)

18% less call options, than puts

Call options by funds: $278M | Put options by funds: $338M

24% less capital invested

Capital invested by funds: $11.9B → $9.05B (-$2.9B)

26.35% less ownership

Funds ownership: 520.85%494.5% (-26%)

31% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 98

50% less funds holding in top 10

Funds holding in top 10: 2211 (-11)

Holders
511
Holders Change
-35
Holders Change %
-6.41%
% of All Funds
13.63%
Holding in Top 10
11
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-50%
% of All Funds
0.29%
New
68
Increased
244
Reduced
147
Closed
98
Calls
$278M
Puts
$338M
Net Calls
-$60.2M
Net Calls Change
-$57.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$744M +$49.2M +2,123,238 +6%
Jennison Associates
2
Jennison Associates
New York
$585M +$162M +6,978,876 +32%
Sands Capital Management
3
Sands Capital Management
Virginia
$571M +$50.2M +2,166,630 +8%
Ameriprise
4
Ameriprise
Minnesota
$561M +$150M +6,487,932 +31%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$458M -$552M -23,847,888 -52%
Franklin Resources
6
Franklin Resources
California
$273M +$46.6M +2,013,744 +18%
AllianceBernstein
7
AllianceBernstein
Tennessee
$250M +$156M +6,720,582 +122%
BIT
8
BlackRock Institutional Trust
California
$237M +$21.8M +939,534 +9%
Bank of America
9
Bank of America
North Carolina
$226M +$57.7M +2,493,246 +29%
Morgan Stanley
10
Morgan Stanley
New York
$216M -$3.87M -167,286 -2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$200M +$34.4M +1,483,482 +18%
State Street
12
State Street
Massachusetts
$189M +$12.8M +551,058 +6%
Wells Fargo
13
Wells Fargo
California
$159M +$18.1M +779,496 +11%
Artisan Partners
14
Artisan Partners
Wisconsin
$145M -$49.6M -2,141,736 -23%
Renaissance Technologies
15
Renaissance Technologies
New York
$139M +$28M +1,210,800 +22%
JP Morgan Chase
16
JP Morgan Chase
New York
$137M +$28.4M +1,224,522 +22%
Westfield Capital Management
17
Westfield Capital Management
Massachusetts
$131M -$29.5M -1,272,906 -17%
Alyeska Investment Group
18
Alyeska Investment Group
Illinois
$126M +$82.5M +3,561,288 +136%
SIM
19
SRS Investment Management
New York
$123M +$140M +6,026,364 New
BFA
20
BlackRock Fund Advisors
California
$110M +$15.2M +657,048 +14%
ClearBridge Investments
21
ClearBridge Investments
New York
$107M +$115M +4,970,148 +1,755%
FAM
22
Fred Alger Management
New York
$87.2M +$94.2M +4,068,000 +2,044%
Invesco
23
Invesco
Georgia
$80.7M -$31.2M -1,348,716 -25%
Northern Trust
24
Northern Trust
Illinois
$77.5M +$4.2M +181,482 +5%
CCM
25
Criterion Capital Management
California
$74.9M +$66.9M +2,890,260 +375%

PANW Hedge Fund Activity: Q2 2016 in Review

511 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q2 2016, worth a combined $9.05B — down 24% from $11.9B a quarter earlier.

Sellers outnumbered buyers: 98 funds closed out of PANW and 68 opened new positions — a net loss of 30 holders — while 147 trimmed existing stakes and 244 added.

The largest buyer was Jennison Associates, adding an estimated $162M. The largest seller was T. Rowe Price Associates, cutting an estimated $552M.

  • 511 institutional investors held Palo Alto Networks (PANW) as of Q2 2016, down from 546 in Q1 2016.
  • Funds reported $9.05B of Palo Alto Networks stock for Q2 2016, down 24% quarter-over-quarter.
  • 68 funds opened new Palo Alto Networks positions in Q2 2016 and 98 closed out, a net change of -30 holders.
  • The largest Palo Alto Networks buyer in Q2 2016 was Jennison Associates, an estimated $162M added.
  • The largest Palo Alto Networks seller in Q2 2016 was T. Rowe Price Associates, an estimated $552M sold.

Based on aggregated 13F filings for Q2 2016.