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Palo Alto Networks

809 hedge funds and large institutions have $18.2B invested in Palo Alto Networks in 2019 Q4 according to their latest regulatory filings, with 144 funds opening new positions, 281 increasing their positions, 257 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 64

14% more capital invested

Capital invested by funds: $16.1B → $18.2B (+$2.17B)

13% more funds holding in top 10

Funds holding in top 10: 2326 (+3)

9% more funds holding

Funds holding: 744809 (+65)

9% more repeat investments, than reductions

Existing positions increased: 281 | Existing positions reduced: 257

4.36% less ownership

Funds ownership: 487.11%482.76% (-4.4%)

36% less call options, than puts

Call options by funds: $432M | Put options by funds: $670M

Holders
809
Holders Change
+65
Holders Change %
+8.74%
% of All Funds
15.94%
Holding in Top 10
26
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.04%
% of All Funds
0.51%
New
144
Increased
281
Reduced
257
Closed
64
Calls
$432M
Puts
$670M
Net Calls
-$238M
Net Calls Change
-$65.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.04B +$50.2M +1,328,058 +3%
Renaissance Technologies
2
Renaissance Technologies
New York
$1.31B -$42.1M -1,114,194 -3%
BlackRock
3
BlackRock
New York
$1.3B -$12.2M -321,786 -0.9%
ClearBridge Investments
4
ClearBridge Investments
New York
$634M -$8.97M -237,120 -1%
State Street
5
State Street
Massachusetts
$476M +$6.61M +174,786 +1%
Ameriprise
6
Ameriprise
Minnesota
$450M +$12.6M +332,016 +3%
Morgan Stanley
7
Morgan Stanley
New York
$394M +$13.7M +363,414 +4%
UBS AM
8
UBS AM
Illinois
$343M -$154M -4,079,508 -31%
Canada Pension Plan Investment Board
9
Canada Pension Plan Investment Board
Ontario, Canada
$335M +$1.7M +44,856 +0.5%
Bank of America
10
Bank of America
North Carolina
$314M +$7.46M +197,376 +2%
Wells Fargo
11
Wells Fargo
California
$305M +$43.3M +1,145,178 +17%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$302M +$73.1M +1,932,726 +33%
Northern Trust
13
Northern Trust
Illinois
$274M -$2.64M -69,834 -1%
Lazard Asset Management
14
Lazard Asset Management
New York
$260M +$108M +2,852,022 +73%
Invesco
15
Invesco
Georgia
$257M -$16.1M -426,744 -6%
FCM
16
Farallon Capital Management
California
$256M +$113M +2,990,496 +82%
PAMU
17
Pictet Asset Management (UK)
United Kingdom
$248M +$51M +1,347,780 +26%
Citigroup
18
Citigroup
New York
$236M +$120M +3,179,118 +108%
Norges Bank
19
Norges Bank
Norway
$222M
Geode Capital Management
20
Geode Capital Management
Massachusetts
$220M +$12M +316,512 +6%
AS
21
Altshuler Shaham
Israel
$220M +$2.63M +69,564 +1%
HMC
22
Harvard Management Company
Massachusetts
$208M -$91.3M -2,414,052 -31%
CIP
23
Champlain Investment Partners
Vermont
$202M +$5.14M +135,840 +3%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$184M +$27.5M +728,208 +18%
DCP
25
DSM Capital Partners
Florida
$166M +$1.2M +31,776 +0.7%

PANW Hedge Fund Activity: Q4 2019 in Review

809 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q4 2019, worth a combined $18.2B — up 14% from $16.1B a quarter earlier.

Buyers outnumbered sellers: 144 funds opened new PANW positions and 64 closed out — a net gain of 80 holders — while 281 added to existing stakes and 257 trimmed.

The largest buyer was Citigroup, adding an estimated $120M. The largest seller was Sands Capital Management, exiting entirely with an estimated $265M sold.

  • 809 institutional investors held Palo Alto Networks (PANW) as of Q4 2019, up from 744 in Q3 2019.
  • Funds reported $18.2B of Palo Alto Networks stock for Q4 2019, up 14% quarter-over-quarter.
  • 144 funds opened new Palo Alto Networks positions in Q4 2019 and 64 closed out, a net change of +80 holders.
  • The largest Palo Alto Networks buyer in Q4 2019 was Citigroup, an estimated $120M added.
  • The largest Palo Alto Networks seller in Q4 2019 was Sands Capital Management, an estimated $265M sold.

Based on aggregated 13F filings for Q4 2019.