Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionHeadinvest, Llc
Latest Disclosed Ownership11,082 shares
Latest Disclosed Value $ 1,776,666
Headinvest, Llc reports 4.92% increase in ownership of PANW / Palo Alto Networks, Inc.

On May 15, 2026 - Headinvest, Llc filed a 13F-HR form disclosing ownership of 11,082 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $1,776,666 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 2, 2026 disclosing 10,562 shares of Palo Alto Networks, Inc.. This represents a change in shares of 4.92% 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)
2026-05-15 2026-03-31 13F PALO ALTO NETWORKS COM 697435105 11,082 520 4.92 1,777 -8.69 0.3644
2026-02-02 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 10,562 98 0.94 1,946 -8.69 0.3869
2025-11-14 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 10,464 -154 -1.45 2,131 -1.93 0.4405
2025-08-14 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 10,618 -4,751 -30.91 2,173 -17.16 0.4629
2025-05-15 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 15,369 15 0.10 2,623 -6.12 0.5099
2025-02-18 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 15,354 7,748 101.87 2,794 7.46 0.5273
2024-11-15 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 7,606 270 3.68 2,600 4.55 0.4811
2024-08-14 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 7,336 -50 -0.68 2,487 18.49 0.4897
2024-08-14 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 7,386 9 0.12 2,099 -3.54 0.4096
2024-02-12 2023-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 7,377 -462 -5.89 2,175 17.19 0.4525
2023-12-11 2023-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 7,839 -21 -0.27 1,856 8.35 0.4032
2023-08-23 2023-06-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 7,860 -123 -1.54 1,713 7.47 0.3692
2023-05-17 2023-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 7,983 -362 -4.34 1,595 36.94 0.3498
2023-02-13 2022-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 8,345 -7 -0.08 1,164 -14.91 0.2606
2022-12-28 2022-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 8,352 5,587 202.06 1,368 0.15 0.3277
2022-08-12 2022-06-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 2,765 17 0.62 1,366 -20.16 0.3040
2022-05-13 2022-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 2,748 72 2.69 1,711 14.83 0.3270
2022-02-11 2021-12-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 2,676 16 0.60 1,490 16.95 0.2643
2021-11-16 2021-09-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 2,660 29 1.10 1,274 30.53 0.2416
2021-08-30 2021-06-30 13F PALO ALTO NETWORKS INC COM Stock 697435105 2,631 317 13.70 976 31.01 0.1856
2021-05-13 2021-03-31 13F PALO ALTO NETWORKS INC COM Stock 697435105 2,314 255 12.38 745 1.78 0.1520
2021-02-16 2020-12-31 13F/A-1 Palo Alto Networks Inc Com COM 697435105 2,059 816 65.65 732 140.79 0.1554
2021-02-16 2020-12-31 13F Palo Alto Networks Inc Com COM 697435105 1,243 304 0.0879
2020-11-24 2020-09-30 13F Palo Alto Networks Inc Com COM 697435105 1,243 1,243 304 0.0879
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.