Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionPnc Financial Services Group, Inc.
Latest Disclosed Ownership276,761 shares
Latest Disclosed Value $ 44,370,354
Pnc Financial Services Group, Inc. reports 11.87% increase in ownership of PANW / Palo Alto Networks, Inc.

On May 8, 2026 - Pnc Financial Services Group, Inc. filed a 13F-HR form disclosing ownership of 276,761 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $44,370,354 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 247,391 shares of Palo Alto Networks, Inc.. This represents a change in shares of 11.87% 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)
2026-05-08 2026-03-31 13F PALO ALTO NETWORKS COM 697435105 276,761 29,370 11.87 44,370 -2.63 0.0042
2026-02-06 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 247,391 -2,022 -0.81 45,569 -10.27 0.0249
2025-11-07 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 249,413 6,562 2.70 50,785 2.19 0.0308
2025-08-08 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 242,851 20,649 9.29 49,697 31.07 0.0320
2025-05-09 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 222,202 11,466 5.44 37,916 -1.12 0.0199
2025-02-07 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 210,736 114,379 118.70 38,345 16.43 0.0256
2024-11-08 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 96,357 -6,096 -5.95 32,935 -5.18 0.0210
2024-08-09 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 102,453 17,010 19.91 34,733 43.07 0.0231
2024-05-10 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 85,443 19,871 30.30 24,277 25.55 0.0169
2024-03-22 2023-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 65,572 6,217 10.47 19,336 38.95 0.0152
2024-02-09 2023-12-31 13F PALO ALTO NETWORKS COM 697435105 65,572 6,217 19,336 0.0031
2023-11-13 2023-09-30 13F PALO ALTO NETWORKS COM 697435105 59,355 2,099 3.67 13,915 -4.88 0.0119
2023-08-11 2023-06-30 13F PALO ALTO NETWORKS COM 697435105 57,256 6,612 13.06 14,629 44.63 0.0125
2023-05-15 2023-03-31 13F PALO ALTO NETWORKS COM 697435105 50,644 3,343 7.07 10,116 53.26 0.0089
2023-02-10 2022-12-31 13F PALO ALTO NETWORKS COM 697435105 47,301 48 0.10 6,600 -14.73 0.0063
2022-11-10 2022-09-30 13F PALO ALTO NETWORKS COM 697435105 47,253 31,713 204.07 7,740 0.83 0.0081
2022-08-12 2022-06-30 13F PALO ALTO NETWORKS COM 697435105 15,540 -510 -3.18 7,676 -23.17 0.0075
2022-05-12 2022-03-31 13F PALO ALTO NETWORKS COM 697435105 16,050 749 4.90 9,991 17.29 0.0088
2022-02-11 2021-12-31 13F PALO ALTO Common Stock 697435105 15,301 426 2.86 8,518 19.53 0.0070
2021-11-05 2021-09-30 13F PALO ALTO Common Stock 697435105 14,875 -483 -3.14 7,126 25.04 0.0066
2021-08-06 2021-06-30 13F PALO ALTO Common Stock 697435105 15,358 403 2.69 5,699 18.36 0.0052
2021-05-07 2021-03-31 13F PALO ALTO Common Stock 697435105 14,955 2,408 19.19 4,815 7.98 0.0047
2021-02-12 2020-12-31 13F PALO ALTO Common Stock 697435105 12,547 516 4.29 4,459 51.41 0.0045
2020-11-06 2020-09-30 13F PALO ALTO Common Stock 697435105 12,031 -994 -7.63 2,945 -1.60 0.0036
2020-08-28 2020-06-30 13F/A-1 PALO ALTO Common Stock 697435105 13,025 3,214 32.76 2,993 86.02 0.0040
2020-08-07 2020-06-30 13F PALO ALTO Common Stock 697435105 13,025 3,214 2,993 621.4617
2020-05-08 2020-03-31 13F PALO ALTO Common Stock 697435105 9,811 -1,260 -11.38 1,609 -37.15 0.0020
2020-02-07 2019-12-31 13F PALO ALTO Common Stock 697435105 11,071 -12,294 -52.62 2,560 -46.24 0.0025
2019-11-08 2019-09-30 13F PALO ALTO Common Stock 697435105 23,365 -297 -1.26 4,762 -1.24 0.0047
2019-08-09 2019-06-30 13F PALO ALTO Common Stock 697435105 23,662 1,136 5.04 4,822 -11.85 0.0047
2019-05-10 2019-03-31 13F PALO ALTO Common Stock 697435105 22,526 -6,208 -21.61 5,470 1.09 0.0055
2019-02-08 2018-12-31 13F PALO ALTO Common Stock 697435105 28,734 -4,208 -12.77 5,411 -27.08 0.0060
2018-11-09 2018-09-30 13F PALO ALTO Common Stock 697435105 32,942 -979 -2.89 7,420 6.46 0.0070
2018-08-10 2018-06-30 13F PALO ALTO Common Stock 697435105 33,921 844 2.55 6,970 16.09 0.0069
2018-05-11 2018-03-31 13F PALO ALTO Common Stock 697435105 33,077 -4,600 -12.21 6,004 9.94 0.0059
2018-02-09 2017-12-31 13F PALO ALTO Common Stock 697435105 37,677 2,912 8.38 5,461 8.98 0.0053
2017-11-13 2017-09-30 13F PALO ALTO Common Stock 697435105 34,765 742 2.18 5,011 10.08 0.0052
2017-08-11 2017-06-30 13F PALO ALTO 697435105 34,023 -1,288 -3.65 4,552 14.43 0.0049
2017-05-12 2017-03-31 13F PALO ALTO Common Stock 697435105 35,311 -9,478 -21.16 3,978 -28.98 0.0044
2017-02-10 2016-12-31 13F PALO ALTO Common Stock 697435105 44,789 -4,561 -9.24 5,601 -28.77 0.0064
2016-11-04 2016-09-30 13F PALO ALTO Common Stock 697435105 49,350 1,731 3.64 7,863 34.62 0.0091
2016-08-05 2016-06-30 13F PALO ALTO Common Stock 697435105 47,619 1,971 4.32 5,841 -21.54 0.0068
2016-05-06 2016-03-31 13F PALO ALTO Common Stock 697435105 45,648 9,043 24.70 7,445 15.48 0.0087
2016-02-05 2015-12-31 13F PALO ALTO Common Stock 697435105 36,605 -6,873 -15.81 6,447 -13.79 0.0076
2015-11-06 2015-09-30 13F PALO ALTO Common Stock 697435105 43,478 13,002 42.66 7,478 40.46 0.0089
2015-08-05 2015-06-30 13F PALO ALTO Common Stock 697435105 30,476 12,787 72.29 5,324 106.12 0.0060
2015-05-08 2015-03-31 13F PALO ALTO Common Stock 697435105 17,689 7,258 69.58 2,583 102.11 0.0028
2015-02-06 2014-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 10,431 2,046 24.40 1,278 55.47 0.0014
2015-02-06 2014-12-31 13F PALO ALTO NETWORKS COM 697435105 10,431 1,278
2014-11-07 2014-09-30 13F PALO ALTO NETWORKS COM 697435105 8,385 152 1.85 822 19.13 0.0010
2014-08-08 2014-06-30 13F PALO ALTO NETWORKS COM 697435105 8,233 -23,174 -73.79 690 -67.98 0.0009
2014-05-09 2014-03-31 13F PALO ALTO NETWORKS COM 697435105 31,407 -53,885 -63.18 2,155 -56.04 0.0028
2014-02-07 2013-12-31 13F PALO ALTO NETWORKS COM 697435105 85,292 33,145 63.56 4,902 105.19 0.0065
2013-11-01 2013-09-30 13F PALO ALTO NETWORKS COM 697435105 52,147 304 0.59 2,389 9.34 0.0035
2013-08-02 2013-06-30 13F PALO ALTO NETWORKS COM 697435105 51,843 51,843 2,185 0.0032
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.