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Palo Alto Networks

2,008 hedge funds and large institutions have $84.6B invested in Palo Alto Networks in 2024 Q2 according to their latest regulatory filings, with 271 funds opening new positions, 904 increasing their positions, 597 reducing their positions, and 138 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 271 | Existing positions closed: 138

65% more funds holding in top 10

Funds holding in top 10: 4981 (+32)

51% more repeat investments, than reductions

Existing positions increased: 904 | Existing positions reduced: 597

21% more capital invested

Capital invested by funds: $70B → $84.6B (+$14.6B)

6% more funds holding

Funds holding: 1,9002,008 (+108)

0.42% more ownership

Funds ownership: 152.84%153.26% (+0.42%)

42% less call options, than puts

Call options by funds: $4.71B | Put options by funds: $8.06B

Holders
2,008
Holders Change
+108
Holders Change %
+5.68%
% of All Funds
29%
Holding in Top 10
81
Holding in Top 10 Change
+32
Holding in Top 10 Change %
+65.31%
% of All Funds
1.17%
New
271
Increased
904
Reduced
597
Closed
138
Calls
$4.71B
Puts
$8.06B
Net Calls
-$3.35B
Net Calls Change
-$1.32B
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$10B +$278M +1,858,022 +3%
BlackRock
2
BlackRock
New York
$8.48B +$277M +1,849,790 +4%
Morgan Stanley
3
Morgan Stanley
New York
$4.75B +$47.2M +315,432 +1%
State Street
4
State Street
Massachusetts
$4.58B +$155M +1,035,224 +4%
Bank of America
5
Bank of America
North Carolina
$2.82B +$226M +1,512,970 +10%
JP Morgan Chase
6
JP Morgan Chase
New York
$2.65B +$81.2M +542,864 +4%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.52B +$126M +844,486 +6%
Capital Research Global Investors
8
Capital Research Global Investors
California
$1.78B +$270M +1,805,654 +21%
Ameriprise
9
Ameriprise
Minnesota
$1.22B +$21M +140,712 +2%
Northern Trust
10
Northern Trust
Illinois
$1.16B +$30.7M +205,438 +3%
UBS Group
11
UBS Group
Switzerland
$1.07B +$21.4M +143,032 +2%
N
12
Nuveen
North Carolina
$1B -$147M -984,316 -14%
UBS AM
13
UBS AM
Illinois
$992M +$337M +2,254,346 +63%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$988M +$107M +717,488 +14%
Goldman Sachs
15
Goldman Sachs
New York
$936M +$141M +940,892 +21%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$916M -$570M -3,808,592 -41%
Norges Bank
17
Norges Bank
Norway
$909M -$614M -4,107,616 -43%
ClearBridge Investments
18
ClearBridge Investments
New York
$904M -$27.3M -182,672 -3%
Legal & General Group
19
Legal & General Group
United Kingdom
$899M +$50.2M +335,660 +7%
Invesco
20
Invesco
Georgia
$883M +$164M +1,098,538 +27%
VOYA Investment Management
21
VOYA Investment Management
Georgia
$880M +$76M +507,808 +11%
First Trust Advisors
22
First Trust Advisors
Illinois
$801M +$72.5M +484,990 +11%
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$757M +$34.3M +229,484 +5%
Wells Fargo
24
Wells Fargo
California
$756M +$18.4M +123,202 +3%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$745M -$7.93M -53,050 -1%

PANW Hedge Fund Activity: Q2 2024 in Review

2,008 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q2 2024, worth a combined $84.6B — up 21% from $70B a quarter earlier.

Buyers outnumbered sellers: 271 funds opened new PANW positions and 138 closed out — a net gain of 133 holders — while 904 added to existing stakes and 597 trimmed.

The largest buyer was UBS AM, adding an estimated $337M. The largest seller was Norges Bank, cutting an estimated $614M.

  • 2,008 institutional investors held Palo Alto Networks (PANW) as of Q2 2024, up from 1,900 in Q1 2024.
  • Funds reported $84.6B of Palo Alto Networks stock for Q2 2024, up 21% quarter-over-quarter.
  • 271 funds opened new Palo Alto Networks positions in Q2 2024 and 138 closed out, a net change of +133 holders.
  • The largest Palo Alto Networks buyer in Q2 2024 was UBS AM, an estimated $337M added.
  • The largest Palo Alto Networks seller in Q2 2024 was Norges Bank, an estimated $614M sold.

Based on aggregated 13F filings for Q2 2024.