Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionFormula Growth Ltd
Latest Disclosed Ownership10,946 shares
Latest Disclosed Value $ 1,754,863
Formula Growth Ltd ownership in PANW / Palo Alto Networks, Inc.

On May 14, 2026 - Formula Growth Ltd filed a 13F-HR form disclosing ownership of 10,946 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $1,754,863 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 10,946 shares of Palo Alto Networks, Inc.. This represents a change in shares of 0.00% 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.

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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 COM 697435105 10,946 0 0.00 1,755 -13.00 0.7920
2026-02-13 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 10,946 0 0.00 2,016 -9.52 0.7769
2025-11-13 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 10,946 0 0.00 2,229 -0.49 0.7930
2025-08-13 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 10,946 -1,200 -9.88 2,240 8.06 0.8463
2025-05-14 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 12,146 0 0.00 2,073 -6.24 0.8406
2025-02-13 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 12,146 5,823 92.09 2,210 2.27 0.7483
2024-11-13 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 6,323 -300 -4.53 2,161 -3.74 0.7422
2024-08-13 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 6,623 0 0.00 2,245 19.35 0.8159
2024-05-14 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 6,623 -1,470 -18.16 1,882 -21.17 0.6012
2024-02-13 2023-12-31 13F PALO ALTO NETWORKS COM 697435105 8,093 0 0.00 2,386 25.78 0.7647
2023-11-13 2023-09-30 13F PALO ALTO NETWORKS COM 697435105 8,093 -3,200 -28.34 1,897 -34.25 0.6475
2023-08-11 2023-06-30 13F PALO ALTO NETWORKS COM 697435105 11,293 0 0.00 2,885 27.94 0.9188
2023-05-12 2023-03-31 13F PALO ALTO NETWORKS COM 697435105 11,293 0 0.00 2,256 43.17 0.7265
2023-02-13 2022-12-31 13F PALO ALTO NETWORKS COM 697435105 11,293 -5,600 -33.15 1,576 -43.08 0.4462
2022-11-10 2022-09-30 13F PALO ALTO NETWORKS COM 697435105 16,893 10,412 160.65 2,767 -13.56 0.7906
2022-08-12 2022-06-30 13F PALO ALTO NETWORKS COM 697435105 6,481 0 0.00 3,201 -20.65 0.8864
2022-05-13 2022-03-31 13F PALO ALTO NETWORKS COM 697435105 6,481 0 0.00 4,034 11.81 0.7609
2022-02-14 2021-12-31 13F PALO ALTO NETWORKS COM 697435105 6,481 -1,000 -13.37 3,608 0.70 0.6409
2021-11-12 2021-09-30 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 3,583 29.07 0.5128
2021-08-13 2021-06-30 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 2,776 15.23 0.3827
2021-05-14 2021-03-31 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 2,409 -9.40 0.3465
2021-02-12 2020-12-31 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 2,659 45.22 0.4440
2020-11-16 2020-09-30 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 1,831 6.58 0.3425
2020-08-13 2020-06-30 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 1,718 40.02 0.2906
2020-05-14 2020-03-31 13F PALO ALTO NETWORKS COM 697435105 7,481 0 0.00 1,227 -29.08 0.2352
2020-02-13 2019-12-31 13F PALO ALTO NETWORKS COM 697435105 7,481 -2,500 -25.05 1,730 -14.95 0.2183
2019-11-14 2019-09-30 13F PALO ALTO NETWORKS COM 697435105 9,981 0 0.00 2,034 0.00 0.3048
2019-08-14 2019-06-30 13F PALO ALTO NETWORKS COM 697435105 9,981 0 0.00 2,034 -16.09 0.2905
2019-05-14 2019-03-31 13F PALO ALTO NETWORKS COM 697435105 9,981 0 0.00 2,424 28.94 0.3422
2019-02-14 2018-12-31 13F PALO ALTO NETWORKS COM 697435105 9,981 0 0.00 1,880 -16.37 0.3093
2018-11-14 2018-09-30 13F PALO ALTO NETWORKS COM 697435105 9,981 0 0.00 2,248 9.61 0.2581
2018-08-13 2018-06-30 13F PALO ALTO NETWORKS COM 697435105 9,981 -24,501 -71.05 2,051 -67.23 0.2246
2018-05-15 2018-03-31 13F PALO ALTO NETWORKS COM 697435105 34,482 -62,770 -64.54 6,259 -55.60 0.7423
2018-02-14 2017-12-31 13F PALO ALTO NETWORKS COM 697435105 97,252 1,500 1.57 14,096 2.16 1.8532
2017-11-13 2017-09-30 13F PALO ALTO NETWORKS COM 697435105 95,752 21,100 28.26 13,798 38.13 2.1699
2017-08-11 2017-06-30 13F PALO ALTO NETWORKS COM 697435105 74,652 13,000 21.09 9,989 43.79 1.7169
2017-05-11 2017-03-31 13F PALO ALTO NETWORKS COM 697435105 61,652 4,952 8.73 6,947 -2.02 1.4488
2017-02-13 2016-12-31 13F PALO ALTO NETWORKS COM 697435105 56,700 50,200 772.31 7,090 584.36 1.6491
2016-11-14 2016-09-30 13F PALO ALTO NETWORKS COM 697435105 6,500 -28,000 -81.16 1,036 -75.51 0.2343
2016-08-15 2016-06-30 13F PALO ALTO NETWORKS COM 697435105 34,500 34,500 4,231 1.0299
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.