Palo Alto Networks Inc (PANW) Institutional Ownership

Ownership Summary

Palo Alto Networks Inc (NASDAQ:PANW) appears in 2,455 institutional 13F filings for the quarter ending December 2025.

• Collectively, these holders controlled 79.0% of Palo Alto Networks's outstanding shares in December 2025, down from 82.6% in September 2025.
• They decreased total shares held in Palo Alto Networks by -1.55% from last quarter, and the number of investors in PANW increased 8.53% annually.
• Of these 2,455 holders, 1,379 added to their stakes in Palo Alto Networks, 816 trimmed positions, and 260 made no changes.
• Institutional investors collectively held 559.82Mn shares in Palo Alto Networks as of December 2025, down by 8.82Mn shares quarter on quarter, and up 4.72Mn shares year over year.
• As of December 31, 2025, BlackRock, Inc. held the largest stake in Palo Alto Networks with 72.43Mn shares, accounting for 10.22% of total shares outstanding.
• Leading buyers of Palo Alto Networks shares for the quarter ending December 2025 were VANGUARD CAPITAL MANAGEMENT LLC (52.77Mn), VANGUARD PORTFOLIO MANAGEMENT LLC (19.6Mn), BlackRock, Inc. (12.87Mn), State Street Corp (5.15Mn), VANGUARD FIDUCIARY TRUST CO (4.67Mn).
• The largest sellers of Palo Alto Networks for the quarter ending December 2025 were Goldman Sachs Group Inc (2.94Mn), Swedbank AB (2.9Mn), Corient Private Wealth LLC (2.01Mn), DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main (1.54Mn), CITADEL ADVISORS LLC (1.44Mn).
• Per Business Quant, the top 10 investors in PANW for the quarter ending December 2025 include BlackRock, Inc. (72.43Mn), VANGUARD CAPITAL MANAGEMENT LLC (52.77Mn), State Street Corp (35.49Mn), Morgan Stanley (32.32Mn), Bank Of America Corp /De/ (22.48Mn), VANGUARD PORTFOLIO MANAGEMENT LLC (19.6Mn), GEODE CAPITAL MANAGEMENT, LLC (19.32Mn), Jpmorgan Chase & Co (13.47Mn), Northern Trust Corp (8.68Mn), UBS Group AG (8.26Mn).