Palo Alto Networks
PANW
1,902 hedge funds and large institutions have $70.2B invested in Palo Alto Networks in 2024 Q1 according to their latest regulatory filings, with 255 funds opening new positions, 863 increasing their positions, 600 reducing their positions, and 163 closing their positions.
56% more first-time investments, than exits
New positions opened: 255 | Existing positions closed: 163
44% more repeat investments, than reductions
Existing positions increased: 863 | Existing positions reduced: 600
3% more funds holding
Funds holding: 1,838 → 1,902 (+64)
9% less capital invested
Capital invested by funds: $76.7B → $70.2B (-$6.53B)
11.68% less ownership
Funds ownership: 164.9% → 153.22% (-12%)
30% less call options, than puts
Call options by funds: $4.74B | Put options by funds: $6.77B
49% less funds holding in top 10
Funds holding in top 10: 97 → 49 (-48)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$439M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$316M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$264M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$166M |
| 5 |
MU
Mirova US
Boston,
Massachusetts
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$488M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$454M |
| 3 |
Goldman Sachs
New York
|
-$406M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$341M |
| 5 |
Barclays
London,
United Kingdom
|
-$334M |
PANW Hedge Fund Activity: Q1 2024 in Review
1,902 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q1 2024, worth a combined $70.2B — down 8.5% from $76.7B a quarter earlier.
Buyers outnumbered sellers: 255 funds opened new PANW positions and 163 closed out — a net gain of 92 holders — while 863 added to existing stakes and 600 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $439M. The largest seller was Nuveen, cutting an estimated $488M.
- 1,902 institutional investors held Palo Alto Networks (PANW) as of Q1 2024, up from 1,838 in Q4 2023.
- Funds reported $70.2B of Palo Alto Networks stock for Q1 2024, down 8.5% quarter-over-quarter.
- 255 funds opened new Palo Alto Networks positions in Q1 2024 and 163 closed out, a net change of +92 holders.
- The largest Palo Alto Networks buyer in Q1 2024 was Morgan Stanley, an estimated $439M added.
- The largest Palo Alto Networks seller in Q1 2024 was Nuveen, an estimated $488M sold.
Based on aggregated 13F filings for Q1 2024.