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Palo Alto Networks

741 hedge funds and large institutions have $14.2B invested in Palo Alto Networks in 2018 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 262 increasing their positions, 238 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 238

5% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 117

0% less funds holding

Funds holding: 744741 (-3)

5% less funds holding in top 10

Funds holding in top 10: 3836 (-2)

16.02% less ownership

Funds ownership: 499.5%483.48% (-16%)

19% less capital invested

Capital invested by funds: $17.6B → $14.2B (-$3.37B)

33% less call options, than puts

Call options by funds: $394M | Put options by funds: $587M

Holders
741
Holders Change
-3
Holders Change %
-0.4%
% of All Funds
16.51%
Holding in Top 10
36
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-5.26%
% of All Funds
0.8%
New
123
Increased
262
Reduced
238
Closed
117
Calls
$394M
Puts
$587M
Net Calls
-$193M
Net Calls Change
-$139M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.51B +$60.3M +1,935,066 +4%
BlackRock
2
BlackRock
New York
$985M -$17.8M -571,050 -2%
Renaissance Technologies
3
Renaissance Technologies
New York
$811M -$64.9M -2,080,500 -7%
ClearBridge Investments
4
ClearBridge Investments
New York
$500M +$11.5M +369,198 +2%
Sands Capital Management
5
Sands Capital Management
Virginia
$483M -$132M -4,224,246 -22%
Ameriprise
6
Ameriprise
Minnesota
$350M +$183M +5,873,538 +112%
JP Morgan Chase
7
JP Morgan Chase
New York
$346M -$36.3M -1,165,296 -10%
State Street
8
State Street
Massachusetts
$333M +$7.58M +243,192 +2%
Canada Pension Plan Investment Board
9
Canada Pension Plan Investment Board
Ontario, Canada
$271M -$31.1M -998,778 -10%
Bank of America
10
Bank of America
North Carolina
$255M -$5.02M -161,034 -2%
Morgan Stanley
11
Morgan Stanley
New York
$245M -$24.8M -793,920 -9%
American Century Companies
12
American Century Companies
Missouri
$242M -$20.2M -649,284 -8%
Goldman Sachs
13
Goldman Sachs
New York
$237M -$12.3M -395,322 -5%
Northern Trust
14
Northern Trust
Illinois
$214M +$7.12M +228,414 +3%
Two Sigma Advisers
15
Two Sigma Advisers
New York
$210M -$49.2M -1,579,200 -19%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$205M +$29.6M +949,932 +17%
CCM
17
Cadian Capital Management
New York
$189M +$51M +1,636,068 +37%
Lazard Asset Management
18
Lazard Asset Management
New York
$180M +$61.5M +1,971,030 +52%
Wells Fargo
19
Wells Fargo
California
$166M -$2.21M -70,938 -1%
Norges Bank
20
Norges Bank
Norway
$163M +$3.31M +106,122 +2%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$153M +$6.04M +193,704 +4%
CIP
22
Champlain Investment Partners
Vermont
$149M +$5.44M +174,330 +4%
Allianz Asset Management
23
Allianz Asset Management
Germany
$127M +$20.5M +657,246 +19%
Millennium Management
24
Millennium Management
New York
$115M -$12M -385,692 -10%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$113M +$666K +21,366 +0.6%

PANW Hedge Fund Activity: Q4 2018 in Review

741 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q4 2018, worth a combined $14.2B — down 19% from $17.6B a quarter earlier.

Buyers outnumbered sellers: 123 funds opened new PANW positions and 117 closed out — a net gain of 6 holders — while 262 added to existing stakes and 238 trimmed.

The largest buyer was Ameriprise, adding an estimated $183M. The largest seller was VOYA Investment Management, cutting an estimated $233M.

  • 741 institutional investors held Palo Alto Networks (PANW) as of Q4 2018, down from 744 in Q3 2018.
  • Funds reported $14.2B of Palo Alto Networks stock for Q4 2018, down 19% quarter-over-quarter.
  • 123 funds opened new Palo Alto Networks positions in Q4 2018 and 117 closed out, a net change of +6 holders.
  • The largest Palo Alto Networks buyer in Q4 2018 was Ameriprise, an estimated $183M added.
  • The largest Palo Alto Networks seller in Q4 2018 was VOYA Investment Management, an estimated $233M sold.

Based on aggregated 13F filings for Q4 2018.