Palo Alto Networks Inc (PANW) — Institutional Holders, Q2 2026

2,939 institutional investment managers reported a PANW position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $226.7B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← PANW stock profile

PANW in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

569

Added to

950

Trimmed

1,134

Sold out

123

Biggest buyers

Invesco Ltd.Added · +18,845,481 sh+$6.4B
FMRAdded · +11,949,672 sh+$4.1B
JPMORGAN CHASEAdded · +8,246,242 sh+$2.8B
Fisher Asset ManagementAdded · +5,499,328 sh+$1.9B
BlackRockAdded · +3,322,076 sh+$1.1B

Biggest sellers

MORGAN STANLEYTrimmed · -2,868,846 sh-$978.3M
Pictet Asset Management Holding SATrimmed · -2,544,833 sh-$867.8M
Harel Insurance Investments & Financial Services Ltd.Trimmed · -2,133,151 sh-$727.4M
UBS Group AGTrimmed · -1,497,256 sh-$510.6M
FIRST ADVISORSTrimmed · -1,210,609 sh-$412.8M

PANW 13F holders ranked 1–100 of 2,939

Institutional investors reporting a position in Palo Alto Networks Inc on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 75,753,509 sh	75,753,509	$25.8B	0.38%	+4.6%
2	VANGUARD CAPITAL MANAGEMENT#2 · 53,129,128 sh	53,129,128	$18.1B	0.39%	+0.7%
3	STATE STREET#3 · 36,979,497 sh	36,979,497	$12.6B	0.37%	+4.2%
4	MORGAN STANLEY#4 · 29,450,112 sh	29,450,112	$10.0B	0.53%	-8.9%
5	Invesco Ltd.#5 · 25,647,946 sh	25,647,946	$8.7B	0.69%	+277.0%
6	BANK OF AMERICA#6 · 22,681,876 sh	22,681,876	$7.7B	0.50%	+0.9%
7	JPMORGAN CHASE#7 · 21,715,578 sh	21,715,578	$7.2B	0.40%	+61.2%
8	FMR#8 · 20,054,462 sh	20,054,462	$6.8B	0.30%	+147.4%
9	GEODE CAPITAL MANAGEMENT#9 · 19,615,573 sh	19,615,573	$6.7B	0.36%	+1.5%
10	VANGUARD PORTFOLIO MANAGEMENT#10 · 19,347,649 sh	19,347,649	$6.6B	0.30%	-1.3%
11	NORGES BANK#11 · 9,750,674 sh	9,750,674	$3.3B	0.33%	—
12	Nuveen#12 · 9,013,366 sh	9,013,366	$3.1B	0.73%	+12.7%
13	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#13 · 8,778,963 sh	8,778,963	$3.0B	0.54%	+8.7%
14	NORTHERN#14 · 8,757,797 sh	8,757,797	$3.0B	0.35%	+0.9%
15	GOLDMAN SACHS GROUP#15 · 7,933,568 sh	7,933,568	$2.7B	0.23%	+27.2%
16	ROYAL BANK OF CANADA#16 · 6,959,433 sh	6,959,433	$2.4B	0.35%	-7.9%
17	UBS Group AG#17 · 6,758,096 sh	6,758,096	$2.3B	0.29%	-18.1%
18	AMERIPRISE FINANCIAL#18 · 6,563,374 sh	6,563,374	$2.2B	0.45%	+1.0%
19	CHARLES SCHWAB INVESTMENT MANAGEMENT#19 · 6,382,853 sh	6,382,853	$2.2B	0.29%	+7.3%
20	WELLS FARGO & COMPANY#20 · 5,968,975 sh	5,968,975	$2.0B	0.33%	-2.4%
21	Legal & General Group Plc#21 · 5,771,815 sh	5,771,815	$2.0B	0.41%	-7.7%
22	Fisher Asset Management#22 · 5,755,989 sh	5,755,989	$2.0B	0.58%	+2142.6%
23	Amundi#23 · 5,417,426 sh	5,417,426	$1.8B	0.45%	-14.0%
24	FIRST ADVISORS#24 · 5,255,509 sh	5,255,509	$1.8B	1.05%	-18.7%
25	VANGUARD FIDUCIARY#25 · 4,663,303 sh	4,663,303	$1.6B	0.35%	-0.1%
26	Bank of New York Mellon#26 · 4,603,119 sh	4,603,119	$1.6B	0.26%	-0.4%
27	DEUTSCHE BANK AG\#27 · 4,343,546 sh	4,343,546	$1.5B	0.43%	-4.5%
28	PRICE T ROWE ASSOCIATES#28 · 4,155,391 sh	4,155,391	$1.4B	0.14%	+63.9%
29	Clearbridge Investments#29 · 4,155,088 sh	4,155,088	$1.4B	1.17%	-15.4%
30	BARCLAYS PLC#30 · 3,132,720 sh	3,132,720	$1.1B	0.21%	-18.0%
31	BANK OF MONTREAL#31 · 2,971,233 sh	2,971,233	$1.0B	0.33%	-0.5%
32	BNP Paribas Asset Management Holding S.A.#32 · 2,923,047 sh	2,923,047	$996.6M	1.00%	-10.8%
33	WELLINGTON MANAGEMENT GROUP LLP#33 · 2,774,225 sh	2,774,225	$946.1M	0.16%	+68.7%
34	FRANKLIN RESOURCES#34 · 2,651,188 sh	2,651,188	$904.1M	0.20%	-3.9%
35	Swedbank AB#35 · 2,426,137 sh	2,426,137	$827.4M	0.71%	-11.5%
36	CITIGROUP#36 · 2,346,450 sh	2,346,450	$800.2M	0.26%	+4.4%
37	Sumitomo Mitsui#37 · 2,288,912 sh	2,288,912	$780.6M	0.45%	+1.8%
38	Swiss National Bank#38 · 2,287,315 sh	2,287,315	$780.0M	0.41%	-3.6%
39	Pictet Asset Management Holding SA#39 · 2,264,528 sh	2,264,528	$771.8M	0.74%	-52.9%
40	RAYMOND JAMES FINANCIAL#40 · 2,206,527 sh	2,206,527	$752.5M	0.20%	-3.5%
41	JANE STREET GROUP#41 · 2,200,492 sh	2,200,492	$750.4M	0.06%	+3002.6%
42	VOYA INVESTMENT MANAGEMENT#42 · 2,155,423 sh	2,155,423	$735.0M	0.64%	+4.7%
43	STIFEL FINANCIAL#43 · 2,108,508 sh	2,108,508	$719.0M	0.60%	-2.7%
44	Mitsubishi UFJ Asset Management , Ltd.#44 · 2,090,819 sh	2,090,819	$713.0M	0.40%	+6.6%
45	National Pension Service#45 · 1,955,902 sh	1,955,902	$667.0M	0.43%	-9.1%
46	SCHRODER INVESTMENT MANAGEMENT GROUP#46 · 1,890,330 sh	1,890,330	$644.6M	0.46%	-20.6%
47	LAZARD ASSET MANAGEMENT#47 · 1,814,830 sh	1,814,830	$618.9M	0.94%	-12.5%
48	Vanguard Global Advisers#48 · 1,748,865 sh	1,748,865	$596.4M	0.28%	-1.0%
49	HSBC PLC#49 · 1,738,183 sh	1,738,183	$592.3M	0.25%	+7.6%
50	LPL Financial#50 · 1,707,431 sh	1,707,431	$582.3M	0.13%	-2.5%
51	Polar Capital Plc#51 · 1,672,688 sh	1,672,688	$570.4M	1.35%	New
52	VANGUARD ASSET MANAGEMENT, Ltd#52 · 1,568,853 sh	1,568,853	$535.0M	0.36%	+12.6%
53	Robeco Institutional Asset Management B.V.#53 · 1,565,744 sh	1,565,744	$534.0M	—	+32.2%
54	BNP PARIBAS FINANCIAL MARKETS#54 · 1,506,801 sh	1,506,801	$513.8M	0.18%	-32.3%
55	CITADEL ADVISORS#55 · 1,499,125 sh	1,499,125	$511.2M	0.06%	-17.8%
56	Employees Provident Fund Board#56 · 1,483,872 sh	1,483,872	$506.0M	2.90%	-21.3%
57	FIFTH THIRD BANCORP#57 · 1,463,013 sh	1,463,013	$498.9M	0.81%	-5.1%
58	RHUMBLINE ADVISERS#58 · 1,379,343 sh	1,379,343	$470.4M	0.35%	-0.7%
59	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt#59 · 1,378,110 sh	1,378,110	$469.9M	0.36%	-40.1%
60	US BANCORP \DE\#60 · 1,374,306 sh	1,374,306	$468.7M	0.51%	+0.1%
61	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#61 · 1,356,049 sh	1,356,049	$462.4M	0.26%	-5.9%
62	NORDEA INVESTMENT MANAGEMENT AB#62 · 1,344,016 sh	1,344,016	$452.1M	0.37%	-37.4%
63	DIMENSIONAL FUND ADVISORS#63 · 1,310,622 sh	1,310,622	$446.8M	0.08%	+2.0%
64	Mirova US#64 · 1,305,090 sh	1,305,090	$445.1M	4.79%	-18.6%
65	CIBC Bancorp USA#65 · 1,226,765 sh	1,226,765	$418.3M	0.51%	-5.2%
66	BLAIR WILLIAM#66 · 1,226,519 sh	1,226,519	$418.3M	1.09%	-6.0%
67	CAPTRUST FINANCIAL ADVISORS#67 · 1,217,668 sh	1,217,668	$415.2M	0.63%	-1.1%
68	AMERICAN CENTURY COMPANIES#68 · 1,217,568 sh	1,217,568	$415.2M	0.18%	+1.5%
69	PRINCIPAL FINANCIAL GROUP#69 · 1,210,400 sh	1,210,400	$412.8M	0.20%	-5.0%
70	VICTORY CAPITAL MANAGEMENT#70 · 1,114,157 sh	1,114,157	$379.9M	0.21%	-3.4%
71	Corient Private Wealth#71 · 1,095,028 sh	1,095,028	$373.4M	0.52%	+36.2%
72	Neuberger Berman Group#72 · 1,077,767 sh	1,077,767	$367.5M	0.24%	-3.0%
73	BROWN ADVISORY#73 · 1,059,527 sh	1,059,527	$361.3M	0.56%	-39.4%
74	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO#74 · 1,051,624 sh	1,051,624	$358.6M	1.24%	+6.5%
75	Capital Research Global Investors#75 · 1,037,093 sh	1,037,093	$353.7M	0.05%	-47.1%
76	VAN ECK ASSOCIATES#76 · 1,028,476 sh	1,028,476	$350.7M	0.21%	-5.3%
77	Alecta Tjanstepension Omsesidigt#77 · 1,025,000 sh	1,025,000	$349.1M	1.47%	0.0%
78	PRIMECAP MANAGEMENT#78 · 1,019,890 sh	1,019,890	$347.8M	0.21%	-1.4%
79	Cerity Partners#79 · 1,012,015 sh	1,012,015	$345.1M	0.42%	-2.2%
80	ENVESTNET ASSET MANAGEMENT#80 · 1,010,228 sh	1,010,228	$344.5M	0.08%	-6.7%
81	Rockefeller Capital Management L.P.#81 · 983,075 sh	983,075	$335.2M	0.51%	-2.8%
82	Universal- Beteiligungs- und Servicegesellschaft mbH#82 · 976,561 sh	976,561	$332.9M	0.51%	-14.0%
83	Candriam S.C.A.#83 · 963,054 sh	963,054	$328.1M	1.48%	-19.7%
84	Quilter Plc#84 · 955,609 sh	955,609	$325.9M	—	-8.2%
85	NEW YORK STATE COMMON RETIREMENT FUND#85 · 921,892 sh	921,892	$314.4M	0.40%	-0.6%
86	ProShare Advisors#86 · 907,938 sh	907,938	$309.6M	0.45%	-23.2%
87	Assenagon Asset Management S.A.#87 · 901,261 sh	901,261	$307.3M	—	+93.5%
88	SG Americas Securities#88 · 898,062 sh	898,062	$306.3M	0.17%	+13.9%
89	Vident Advisory#89 · 896,838 sh	896,838	$305.8M	2.21%	-28.6%
90	KING LUTHER CAPITAL MANAGEMENT#90 · 887,302 sh	887,302	$302.6M	1.24%	+5.7%
91	Atreides Management#91 · 876,954 sh	876,954	$299.1M	2.09%	+56.1%
92	STOREBRAND ASSET MANAGEMENT AS#92 · 865,983 sh	865,983	$295.3M	0.73%	-22.5%
93	CANADA PENSION PLAN INVESTMENT BOARD#93 · 859,582 sh	859,582	$293.1M	0.16%	+72.1%
94	Jupiter Topco#94 · 857,804 sh	857,804	$292.2M	0.12%	—
95	Compagnie Lombard Odier SCmA#95 · 829,870 sh	829,870	$283.0M	3.06%	-27.7%
96	ABN AMRO Bank N.V.#96 · 826,889 sh	826,889	$281.6M	3.63%	-47.7%
97	BROWN BROTHERS HARRIMAN#97 · 821,125 sh	821,125	$280.0M	1.23%	+36.8%
98	Rathbones Group PLC#98 · 819,290 sh	819,290	$279.4M	1.03%	-13.1%
99	Eurizon Capital SGR S.p.A.#99 · 815,012 sh	815,012	$276.4M	0.74%	-10.8%
100	Zurcher Kantonalbank (Zurich Cantonalbank)#100 · 809,489 sh	809,489	$276.1M	0.53%	-6.3%

Funds that sold out of PANW in Q2 2026 (123)

Held PANW at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held PANW in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Railway Pension Investments Ltd982,856 sh	982,856	$157.6M
Anomaly Capital Management530,389 sh	530,389	$85.0M
TREMBLANT CAPITAL GROUP504,694 sh	504,694	$80.9M
SOMA EQUITY PARTNERS463,129 sh	463,129	$74.2M
CADIAN CAPITAL MANAGEMENT274,500 sh	274,500	$44.0M
Close Asset Management Ltd131,572 sh	131,572	$21.1M
Optiver Holding B.V.124,886 sh	124,886	$20.0M
VOLORIDGE INVESTMENT MANAGEMENT105,844 sh	105,844	$17.0M
CAPSTONE INVESTMENT ADVISORS103,791 sh	103,791	$16.6M
Walleye Trading91,218 sh	91,218	$14.6M
Polymer Capital Management (HK) LTD72,921 sh	72,921	$11.7M
Robinhood Asset Management64,094 sh	64,094	$10.3M
Parallax Volatility Advisers, L.P.60,488 sh	60,488	$9.7M
CLOUGH CAPITAL PARTNERS L P55,569 sh	55,569	$8.9M
SPHERA FUNDS MANAGEMENT LTD.52,800 sh	52,800	$8.5M
ODDO BHF ASSET MANAGEMENT SAS51,025 sh	51,025	$8.2M
CAPITOLIS LIQUID GLOBAL MARKETS48,908 sh	48,908	$7.8M
Night Squared40,343 sh	40,343	$6.5M
Mivtachim The Workers Social Insurance Fund Ltd. (Under Spec30,000 sh	30,000	$4.8M
Connective Capital Management29,650 sh	29,650	$4.8M
Volterra Technologies25,805 sh	25,805	$4.1M
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.25,731 sh	25,731	$4.1M
MOORE CAPITAL MANAGEMENT22,500 sh	22,500	$3.6M
SANDER CAPITAL ADVISORS20,790 sh	20,790	$3.3M
TWO SIGMA INVESTMENTS20,222 sh	20,222	$3.2M
RD Finance Ltd19,800 sh	19,800	$3.2M
Broadleaf Partners17,317 sh	17,317	$2.8M
Sunstone Asset Management, L.P.17,113 sh	17,113	$2.7M
Spahn Wealth & Retirement16,749 sh	16,749	$2.7M
SYNTAX RESEARCH16,125 sh	16,125	$2.6M
XTX Topco Ltd15,589 sh	15,589	$2.5M
Capstone Capital Management Ltd15,583 sh	15,583	$2.5M
Future Fund14,835 sh	14,835	$2.4M
New England Research & Management14,154 sh	14,154	$2.3M
Cobblestone Asset Management14,101 sh	14,101	$2.3M
Bridgewater Associates13,169 sh	13,169	$2.1M
Whitaker-Myers Wealth Managers, LTD.13,148 sh	13,148	$2.1M
Convergence Investment Partners12,721 sh	12,721	$2.0M
Golden State Equity Partners12,068 sh	12,068	$1.9M
MYDA Advisors12,000 sh	12,000	$1.9M
PETERSON WEALTH MANAGEMENT11,104 sh	11,104	$1.8M
ARK Investment Management10,866 sh	10,866	$1.7M
STEVENS CAPITAL MANAGEMENT10,808 sh	10,808	$1.7M
Firsthand Capital Management10,000 sh	10,000	$1.6M
NCP9,902 sh	9,902	$1.6M
Concord Asset Management9,668 sh	9,668	$1.5M
Bayesian Capital Management9,400 sh	9,400	$1.5M
Talon Private Wealth8,955 sh	8,955	$1.4M
EVOKE WEALTH8,899 sh	8,899	$1.4M
Evolutionary Tree Capital Management8,382 sh	8,382	$1.3M
Cito Capital Group8,300 sh	8,300	$1.3M
Blackstone8,201 sh	8,201	$1.3M
Safe Harbor Fiduciary7,937 sh	7,937	$1.3M
Gordian Capital Singapore Pte Ltd7,501 sh	7,501	$1.2M
FFG Partners6,850 sh	6,850	$1.1M
International Private Wealth Advisors6,008 sh	6,008	$963.2K
Baer Investment Advisory5,636 sh	5,636	$903.6K
Bricktown Capital4,600 sh	4,600	$737.5K
Capula Management Ltd4,487 sh	4,487	$719.4K
OAK HARBOR WEALTH PARTNERS4,085 sh	4,085	$654.9K
Englebert Financial Advisers4,023 sh	4,023	$645.0K
INTACT INVESTMENT MANAGEMENT4,000 sh	4,000	$641.3K
Simplify Asset Management3,967 sh	3,967	$636.0K
Aster Capital Management (DIFC) Ltd3,668 sh	3,668	$625.9K
CMT Capital Markets Trading GmbH3,191 sh	3,191	$512.0K
Unique Wealth Strategies3,127 sh	3,127	$501.3K
Tuttle Capital Management3,026 sh	3,026	$485.1K
DARK FOREST CAPITAL MANAGEMENT3,011 sh	3,011	$482.7K
VISION FINANCIAL MARKETS3,000 sh	3,000	$481.0K
Kassira Wealth Management2,843 sh	2,843	$455.8K
Voleon Capital Management2,832 sh	2,832	$454.0K
Bulltick Wealth Management2,630 sh	2,630	$421.6K
Kesler, Norman & Wride2,532 sh	2,532	$406.0K
Jessup Wealth Management2,392 sh	2,392	$383.5K
PUREfi Wealth2,377 sh	2,377	$381.1K
CHIRON CAPITAL MANAGEMENT2,312 sh	2,312	$370.7K
DIVERSIFIED MANAGEMENT2,202 sh	2,202	$353.0K
B&D White Capital Company2,200 sh	2,200	$352.7K
Saturna Capital2,183 sh	2,183	$350.0K
Quadrant Private Wealth Management2,160 sh	2,160	$346.3K
Flaharty Asset Management2,113 sh	2,113	$338.8K
Destiny Wealth Partners1,990 sh	1,990	$319.0K
Burkett Asset Management Ltd1,845 sh	1,845	$295.8K
ADAR1 Capital Management1,600 sh	1,600	$256.5K
Marest Capital1,528 sh	1,528	$245.0K
OneAscent Investment Solutions1,525 sh	1,525	$244.5K
SANDERS MORRIS HARRIS1,438 sh	1,438	$230.5K
DV Trading1,323 sh	1,323	$212.1K
SIERRA SUMMIT ADVISORS1,302 sh	1,302	$208.7K
Vivid Wealth Management1,286 sh	1,286	$206.2K
Investor's Fiduciary Advisor Network1,269 sh	1,269	$203.0K
Timothy G. Youngquist 2020 Irrevocable1,211 sh	1,211	$194.1K
Himension Fund987 sh	987	$158.2K
Scarborough Advisors627 sh	627	$100.5K
TopTier Wealth Management411 sh	411	$65.9K
GROUP ONE TRADING, L.P.354 sh	354	$56.8K
Sachetta291 sh	291	$46.7K
True Link Financial Advisors274 sh	274	$43.9K
Global Wealth Strategies & Associates228 sh	228	$36.6K
OSTERWEIS CAPITAL MANAGEMENT200 sh	200	$32.1K

And 23 smaller positions.

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.