Palo Alto Networks
PANW
2,260 hedge funds and large institutions have $88B invested in Palo Alto Networks in 2025 Q1 according to their latest regulatory filings, with 175 funds opening new positions, 1,065 increasing their positions, 757 reducing their positions, and 172 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 1,065 | Existing positions reduced: 757
2% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 172
0.05% more ownership
Funds ownership: 77.85% → 77.9% (+0.05%)
1% less funds holding
Funds holding: 2,294 → 2,260 (-34)
5% less capital invested
Capital invested by funds: $92.9B → $88B (-$4.95B)
7% less funds holding in top 10
Funds holding in top 10: 72 → 67 (-5)
44% less call options, than puts
Call options by funds: $3.15B | Put options by funds: $5.6B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$939M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$312M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$285M |
| 4 |
BlackRock
New York
|
+$179M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$176M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$1.06B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$699M |
| 3 |
Morgan Stanley
New York
|
-$310M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$261M |
| 5 |
Amundi
Paris,
France
|
-$230M |
PANW Hedge Fund Activity: Q1 2025 in Review
2,260 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Palo Alto Networks (PANW) for Q1 2025, worth a combined $88B — down 5.3% from $92.9B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new PANW positions and 172 closed out — a net gain of 3 holders — while 1,065 added to existing stakes and 757 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $939M. The largest seller was Jennison Associates, cutting an estimated $1.06B.
- 2,260 institutional investors held Palo Alto Networks (PANW) as of Q1 2025, down from 2,294 in Q4 2024.
- Funds reported $88B of Palo Alto Networks stock for Q1 2025, down 5.3% quarter-over-quarter.
- 175 funds opened new Palo Alto Networks positions in Q1 2025 and 172 closed out, a net change of +3 holders.
- The largest Palo Alto Networks buyer in Q1 2025 was Fidelity Investments, an estimated $939M added.
- The largest Palo Alto Networks seller in Q1 2025 was Jennison Associates, an estimated $1.06B sold.
Based on aggregated 13F filings for Q1 2025.