Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionCaptrust Financial Advisors
Latest Disclosed Ownership1,231,510 shares
Latest Disclosed Value $ 197,423,260
Captrust Financial Advisors reports 77.64% increase in ownership of PANW / Palo Alto Networks, Inc.

On May 14, 2026 - Captrust Financial Advisors filed a 13F-HR form disclosing ownership of 1,231,510 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $197,423,260 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 693,266 shares of Palo Alto Networks, Inc.. This represents a change in shares of 77.64% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 1,231,510 538,244 77.64 197,423 54.60 0.3404
2026-02-17 2025-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 693,266 -9,595 -1.37 127,700 -10.77 0.2429
2025-11-19 2025-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 702,861 -172,149 -19.67 143,117 -20.07 0.2918
2025-08-15 2025-06-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 875,010 25,052 2.95 179,062 23.46 0.3995
2025-05-15 2025-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 849,958 59,138 7.48 145,037 0.79 0.3639
2025-02-14 2024-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 790,820 413,193 109.42 143,898 11.49 0.4110
2024-11-14 2024-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 377,627 14,388 3.96 129,073 4.82 0.3829
2024-08-15 2024-06-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 363,239 -217,165 -37.42 123,142 20.42 0.3963
2024-05-15 2024-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 580,404 168,203 40.81 102,257 -15.89 0.3757
2024-02-14 2023-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 412,201 -13,931 -3.27 121,573 21.66 0.4186
2023-11-15 2023-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 426,132 12,600 3.05 99,931 -5.45 0.3819
2023-08-15 2023-06-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 413,532 -40,349 -8.89 105,688 16.54 0.4166
2023-05-15 2023-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 453,881 72,647 19.06 90,690 70.36 0.3985
2023-02-15 2022-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 381,234 261,615 218.71 53,234 171.22 0.2679
2022-11-16 2022-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 119,619 104,949 715.40 19,627 170.87 0.1143
2022-08-23 2022-06-30 13F/A-1 PALO ALTO NETWORKS INC COM Common Stock 697435105 14,670 1,904 14.91 7,246 -8.82 0.0467
2022-08-16 2022-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 15,337 2,571 7,576 0.0550
2022-05-16 2022-03-31 13F PALO ALTO NETWORKS COM 697435105 12,766 357 2.88 7,947 15.02 0.0514
2022-02-14 2021-12-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 12,409 2,844 29.73 6,909 50.79 0.0474
2021-11-16 2021-09-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 9,565 588 6.55 4,582 37.56 0.0381
2021-08-16 2021-06-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 8,977 -555 -5.82 3,331 8.50 0.0310
2021-05-17 2021-03-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 9,532 1,253 15.13 3,070 4.35 0.0332
2021-02-16 2020-12-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 8,279 -120 -1.43 2,942 39.83 0.0390
2020-11-17 2020-09-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 8,399 43 0.51 2,104 9.75 0.0349
2020-08-14 2020-06-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 8,356 663 8.62 1,917 52.02 0.0316
2020-05-15 2020-03-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 7,693 182 2.42 1,261 -28.68 0.0278
2020-02-14 2019-12-31 13F PALO ALTO NETWORKS COM 697435105 7,511 3,064 68.90 1,768 95.14 0.0279
2019-11-14 2019-09-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 4,447 4,045 1,006.22 906 1,004.88 0.0318
2019-08-13 2019-06-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 402 55 15.85 82 -2.38 0.0030
2019-05-15 2019-03-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 347 97 38.80 84 78.72 0.0034
2019-02-13 2018-12-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 250 184 278.79 47 213.33 0.0025
2018-11-15 2018-09-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 66 -6 -8.33 15 0.00 0.0007
2018-08-13 2018-06-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 72 25 53.19 15 87.50 0.0008
2018-05-15 2018-03-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 47 -53 -53.00 8 -42.86 0.0005
2018-02-14 2017-12-31 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 100 100 14 0.0008
2017-11-13 2017-09-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 0 -1,915 -100.00 0 -100.00
2017-08-10 2017-06-30 13F PALO ALTO NETWORKS INC COM Common Stock 697435105 1,915 1,915 256 0.0219
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.