Palo Alto Networks Inc (PANW) Institutional Ownership

Ownership Summary

Palo Alto Networks Inc (NASDAQ:PANW) has 2,455 institutional investors that have filed 13F reports for the period 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.
• Their total shares held in PANW decreased -1.55% from the prior quarter, while the number of investors in Palo Alto Networks increased 8.53% year over year.
• Activity in PANW broke down as 1,379 buyers, 816 sellers, and 260 unchanged among 2,455 total holders.
• The aggregate institutional position in Palo Alto Networks amounted to 559.82Mn shares as of December 2025, down by 8.82Mn shares quarter on quarter, and up 4.72Mn shares year over year.
• BlackRock, Inc. holds the largest position in PANW at 72.43Mn shares as of December 31, 2025, or 10.22% of shares outstanding.
• The largest buyers of Palo Alto Networks 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).
• Leading sellers of Palo Alto Networks shares 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 data, the top 10 holders of Palo Alto Networks for the quarter ending December 2025 are 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).