| 4 | MORGAN STANLEY | 29.5M | $10.04B | -8.9% | 4.321% | 0.53% |
| 5 | Invesco Ltd. | 25.7M | $8.75B | +49.9% | 3.766% | 0.69% |
| 6 | BANK OF AMERICA CORP /DE/ | 22.7M | $7.73B | +0.9% | 3.328% | 0.50% |
| 7 | JPMORGAN CHASE & CO | 21.7M | $7.21B | +61.2% | 3.186% | 0.40% |
| 8 | FMR LLC | 20.1M | $6.84B | +147.4% | 2.943% | 0.30% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 19.6M | $6.67B | +1.5% | 2.878% | 0.36% |
| 10 | VANGUARD PORTFOLIO MANAGEMENT LLC | 19.3M | $6.60B | -1.3% | 2.839% | 0.30% |
| 11 | JANE STREET GROUP, LLC | 16.4M | $5.59B | +183.3% | 2.405% | 0.46% |
| 12 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 13.8M | $4.71B | +26.0% | 2.025% | 0.37% |
| 13 | UBS Group AG | 10.0M | $3.43B | -8.5% | 1.474% | 0.44% |
| 14 | NORGES BANK | 9.8M | $3.33B | — | 1.431% | 0.33% |
| 15 | Nuveen, LLC | 9.0M | $3.07B | +12.7% | 1.323% | 0.73% |
| 16 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME | 8.8M | $2.99B | +8.8% | 1.288% | 0.54% |
| 17 | NORTHERN TRUST CORP | 8.8M | $2.99B | +0.9% | 1.285% | 0.35% |
| 18 | GOLDMAN SACHS GROUP INC | 8.5M | $2.90B | +22.9% | 1.249% | 0.25% |
| 19 | CITADEL ADVISORS LLC | 8.5M | $2.88B | +20.6% | 1.241% | 0.16% |
| 20 | PeakShares LLC | 8K | $2.75B | +7.3% | 0.001% | 2.04% |
| 21 | ROYAL BANK OF CANADA | 7.5M | $2.55B | -1.4% | 1.099% | 0.38% |
| 22 | AMERIPRISE FINANCIAL INC | 6.6M | $2.25B | +1.0% | 0.963% | 0.45% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 6.4M | $2.18B | +7.3% | 0.937% | 0.29% |
| 24 | WELLS FARGO & COMPANY/MN | 6.0M | $2.04B | -3.2% | 0.877% | 0.33% |
| 25 | Legal & General Group Plc | 5.8M | $1.97B | -7.7% | 0.847% | 0.41% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PANW — a direct measure of their conviction.
| 93.23% |
| +15.39 pp |
| $83.62B |
| 11% |
| Q4 2024 | 2,192 | +11% | 77.84% | +5.40 pp | $94.06B | +11% |
| Q3 2024 | 1,975 | — | 72.44% | — | $84.37B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
552 institutions opened new positions in PANW during Q2 2026, while 120 fully exited. 2,161 added to existing positions and 121 trimmed.
PANW institutional ownership fell by 8.81 percentage points quarter-over-quarter, with a net change of +480 holders.
The top 10 institutions account for 45.7% of all reported 13F value in PANW, and the top 25 account for 64.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Palo Alto Networks, Inc. (PANW) Institutional Ownership