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Palo Alto Networks

572 hedge funds and large institutions have $10.7B invested in Palo Alto Networks in 2017 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 202 increasing their positions, 193 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

20.73% more ownership

Funds ownership: 464.51%485.24% (+21%)

14% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 57

13% more capital invested

Capital invested by funds: $9.49B → $10.7B (+$1.2B)

9% more funds holding in top 10

Funds holding in top 10: 2224 (+2)

5% more repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 193

1% more funds holding

Funds holding: 567572 (+5)

44% less call options, than puts

Call options by funds: $379M | Put options by funds: $681M

Holders
572
Holders Change
+5
Holders Change %
+0.88%
% of All Funds
14.26%
Holding in Top 10
24
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.09%
% of All Funds
0.6%
New
65
Increased
202
Reduced
193
Closed
57
Calls
$379M
Puts
$681M
Net Calls
-$303M
Net Calls Change
-$80.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.06B +$12.3M +540,534 +1%
BlackRock
2
BlackRock
New York
$629M +$941K +41,298 +0.2%
Renaissance Technologies
3
Renaissance Technologies
New York
$533M +$212M +9,303,600 +72%
Sands Capital Management
4
Sands Capital Management
Virginia
$447M -$26.3M -1,155,648 -6%
Citadel Advisors
5
Citadel Advisors
Florida
$420M +$50M +2,195,934 +14%
ClearBridge Investments
6
ClearBridge Investments
New York
$390M +$19.9M +874,506 +6%
American Century Companies
7
American Century Companies
Missouri
$343M +$86M +3,777,138 +36%
State Street
8
State Street
Massachusetts
$256M +$3.5M +153,558 +1%
Alyeska Investment Group
9
Alyeska Investment Group
Illinois
$200M +$12.7M +555,732 +7%
CGI
10
CI Global Investments
California
$197M -$34.6M -1,518,306 -16%
Bank of America
11
Bank of America
North Carolina
$189M +$25.4M +1,113,072 +16%
CCM
12
Cadian Capital Management
New York
$185M -$24.2M -1,060,668 -12%
JP Morgan Chase
13
JP Morgan Chase
New York
$182M +$3.67M +161,070 +2%
Goldman Sachs
14
Goldman Sachs
New York
$166M +$34.7M +1,523,070 +28%
Ameriprise
15
Ameriprise
Minnesota
$154M +$38.2M +1,677,612 +35%
Northern Trust
16
Northern Trust
Illinois
$154M -$10.5M -461,694 -7%
Morgan Stanley
17
Morgan Stanley
New York
$151M -$23.6M -1,035,384 -14%
Two Sigma Investments
18
Two Sigma Investments
New York
$148M +$85.9M +3,773,682 +157%
CCM
19
Criterion Capital Management
California
$146M +$25.1M +1,104,072 +22%
T. Rowe Price Associates
20
T. Rowe Price Associates
Maryland
$138M -$148M -6,480,786 -53%
Deutsche Bank
21
Deutsche Bank
Germany
$133M +$85.6M +3,760,074 +211%
Jennison Associates
22
Jennison Associates
New York
$126M -$8.92M -391,638 -7%
Lazard Asset Management
23
Lazard Asset Management
New York
$118M +$25M +1,095,828 +29%
Canada Pension Plan Investment Board
24
Canada Pension Plan Investment Board
Ontario, Canada
$114M
CIP
25
Champlain Investment Partners
Vermont
$111M +$6.46M +283,710 +7%

PANW Hedge Fund Activity: Q3 2017 in Review

572 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q3 2017, worth a combined $10.7B — up 13% from $9.49B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new PANW positions and 57 closed out — a net gain of 8 holders — while 202 added to existing stakes and 193 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $212M. The largest seller was T. Rowe Price Associates, cutting an estimated $148M.

  • 572 institutional investors held Palo Alto Networks (PANW) as of Q3 2017, up from 567 in Q2 2017.
  • Funds reported $10.7B of Palo Alto Networks stock for Q3 2017, up 13% quarter-over-quarter.
  • 65 funds opened new Palo Alto Networks positions in Q3 2017 and 57 closed out, a net change of +8 holders.
  • The largest Palo Alto Networks buyer in Q3 2017 was Renaissance Technologies, an estimated $212M added.
  • The largest Palo Alto Networks seller in Q3 2017 was T. Rowe Price Associates, an estimated $148M sold.

Based on aggregated 13F filings for Q3 2017.