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Palo Alto Networks

1,636 hedge funds and large institutions have $62.3B invested in Palo Alto Networks in 2023 Q3 according to their latest regulatory filings, with 170 funds opening new positions, 695 increasing their positions, 552 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 170 | Existing positions closed: 111

26% more repeat investments, than reductions

Existing positions increased: 695 | Existing positions reduced: 552

3% more funds holding

Funds holding: 1,5931,636 (+43)

4.33% less ownership

Funds ownership: 175.65%171.33% (-4.3%)

9% less capital invested

Capital invested by funds: $68.7B → $62.3B (-$6.47B)

25% less funds holding in top 10

Funds holding in top 10: 10679 (-27)

59% less call options, than puts

Call options by funds: $3.17B | Put options by funds: $7.64B

Holders
1,636
Holders Change
+43
Holders Change %
+2.7%
% of All Funds
25.96%
Holding in Top 10
79
Holding in Top 10 Change
-27
Holding in Top 10 Change %
-25.47%
% of All Funds
1.25%
New
170
Increased
695
Reduced
552
Closed
111
Calls
$3.17B
Puts
$7.64B
Net Calls
-$4.48B
Net Calls Change
-$224M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$6.22B +$72M +608,544 +1%
BlackRock
2
BlackRock
New York
$5.52B +$289M +2,438,514 +5%
State Street
3
State Street
Massachusetts
$2.77B -$25.7M -216,986 -0.9%
Morgan Stanley
4
Morgan Stanley
New York
$2.54B +$59.8M +505,318 +2%
Bank of America
5
Bank of America
North Carolina
$2.05B -$369M -3,116,116 -15%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$1.38B +$41.9M +353,760 +3%
Capital Research Global Investors
7
Capital Research Global Investors
California
$1.37B +$347M +2,930,278 +33%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$1.37B +$705M +5,954,544 +104%
N
9
Nuveen
North Carolina
$1.2B +$7.55M +63,836 +0.6%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$1.13B +$57.5M +485,680 +5%
Norges Bank
11
Norges Bank
Norway
$1.11B -$43.9M -371,112 -4%
JP Morgan Chase
12
JP Morgan Chase
New York
$1.02B -$260M -2,195,320 -20%
Ameriprise
13
Ameriprise
Minnesota
$984M -$70.3M -594,112 -7%
Northern Trust
14
Northern Trust
Illinois
$804M +$20.6M +173,990 +3%
Goldman Sachs
15
Goldman Sachs
New York
$738M -$63.5M -536,358 -8%
ClearBridge Investments
16
ClearBridge Investments
New York
$728M -$115M -968,924 -13%
Invesco
17
Invesco
Georgia
$640M -$192M -1,626,478 -23%
UBS Group
18
UBS Group
Switzerland
$600M -$25.4M -215,022 -4%
Citadel Advisors
19
Citadel Advisors
Florida
$563M +$341M +2,877,800 +149%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$549M +$12.5M +105,846 +2%
Legal & General Group
21
Legal & General Group
United Kingdom
$548M -$43.3M -365,894 -7%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$536M +$225M +1,899,260 +74%
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$517M -$12.7M -107,722 -2%
Jane Street
24
Jane Street
New York
$493M +$393M +3,317,190 +375%
Barclays
25
Barclays
United Kingdom
$488M -$4.47M -37,810 -0.9%

PANW Hedge Fund Activity: Q3 2023 in Review

1,636 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q3 2023, worth a combined $62.3B — down 9.4% from $68.7B a quarter earlier.

Buyers outnumbered sellers: 170 funds opened new PANW positions and 111 closed out — a net gain of 59 holders — while 695 added to existing stakes and 552 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $705M. The largest seller was SG Americas Securities, cutting an estimated $545M.

  • 1,636 institutional investors held Palo Alto Networks (PANW) as of Q3 2023, up from 1,593 in Q2 2023.
  • Funds reported $62.3B of Palo Alto Networks stock for Q3 2023, down 9.4% quarter-over-quarter.
  • 170 funds opened new Palo Alto Networks positions in Q3 2023 and 111 closed out, a net change of +59 holders.
  • The largest Palo Alto Networks buyer in Q3 2023 was Royal Bank of Canada, an estimated $705M added.
  • The largest Palo Alto Networks seller in Q3 2023 was SG Americas Securities, an estimated $545M sold.

Based on aggregated 13F filings for Q3 2023.