Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionSomerset Group LLC
Latest Disclosed Ownership18,489 shares
Latest Disclosed Value $ 3,103,379
Somerset Group LLC reports 2.72% increase in ownership of PANW / Palo Alto Networks, Inc.

On May 13, 2026 - Somerset Group LLC filed a 13F-HR form disclosing ownership of 18,489 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $3,103,379 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 17,999 shares of Palo Alto Networks, Inc.. This represents a change in shares of 2.72% 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)
2026-05-13 2026-03-31 13F PALO ALTO NETWORKS COM 697435105 18,489 490 2.72 3,103 -11.09 2.3049
2026-02-12 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 17,999 -285 -1.56 3,490 -6.23 2.6307
2025-11-10 2025-09-30 13F Palo Alto Networks COM 697435105 18,284 -14 -0.08 3,723 -0.59 2.9500
2025-08-11 2025-06-30 13F Palo Alto Networks COM 697435105 18,298 481 2.70 3,745 23.16 3.1711
2025-05-13 2025-03-31 13F Palo Alto Networks COM 697435105 17,817 601 3.49 3,040 -2.94 2.7675
2025-02-11 2024-12-31 13F Palo Alto Networks COM 697435105 17,216 8,307 93.24 3,133 2.86 2.8632
2024-11-12 2024-09-30 13F Palo Alto Networks COM 697435105 8,909 -600 -6.31 3,045 -5.52 2.8079
2024-08-12 2024-06-30 13F Palo Alto Networks COM 697435105 9,509 168 1.80 3,224 21.44 2.8598
2024-05-10 2024-03-31 13F Palo Alto Networks COM 697435105 9,341 -2,805 -23.09 2,654 -25.91 2.4890
2024-02-12 2023-12-31 13F Palo Alto Networks COM 697435105 12,146 -16 -0.13 3,582 25.64 3.0090
2023-11-13 2023-09-30 13F Palo Alto Networks COM 697435105 12,162 -1,860 -13.26 2,851 -20.41 2.6838
2023-08-11 2023-06-30 13F Palo Alto Networks COM 697435105 14,022 -50 -0.36 3,583 27.47 2.9954
2023-05-11 2023-03-31 13F Palo Alto Networks COM 697435105 14,072 -400 -2.76 2,811 39.18 2.4452
2023-02-10 2022-12-31 13F Palo Alto Networks COM 697435105 14,472 -300 -2.03 2,019 -16.57 1.7803
2022-11-10 2022-09-30 13F Palo Alto Networks COM 697435105 14,772 9,468 178.51 2,420 -7.63 2.2104
2022-08-10 2022-06-30 13F Palo Alto Networks COM 697435105 5,304 0 0.00 2,620 -20.65 2.2622
2022-05-11 2022-03-31 13F Palo Alto Networks COM 697435105 5,304 -99 -1.83 3,302 9.77 2.3652
2022-02-10 2021-12-31 13F Palo Alto Networks COM 697435105 5,403 -25 -0.46 3,008 15.69 2.0281
2021-11-10 2021-09-30 13F Palo Alto Networks COM 697435105 5,428 10 0.18 2,600 29.35 1.8795
2021-08-10 2021-06-30 13F Palo Alto Networks COM 697435105 5,418 40 0.74 2,010 16.05 1.4355
2021-05-10 2021-03-31 13F Palo Alto Networks COM 697435105 5,378 0 0.00 1,732 -9.37 1.3065
2021-02-10 2020-12-31 13F Palo Alto Networks COM 697435105 5,378 10 0.19 1,911 191,000.00 1.5245
2020-11-12 2020-09-30 13F Palo Alto Networks COM 697435105 5,368 3 0.06 1 -99.92 1.1897
2020-08-11 2020-06-30 13F Palo Alto Networks COM 697435105 5,365 -1,396 -20.65 1,232 11.09 1.2074
2020-05-11 2020-03-31 13F Palo Alto Networks COM 697435105 6,761 25 0.37 1,109 -28.82 1.2766
2020-02-12 2019-12-31 13F Palo Alto Networks COM 697435105 6,736 -734 -9.83 1,558 2.30 1.3560
2019-11-12 2019-09-30 13F Palo Alto Networks COM 697435105 7,470 -39 -0.52 1,523 -0.46 1.2957
2019-08-12 2019-06-30 13F Palo Alto Networks COM 697435105 7,509 108 1.46 1,530 -14.91 1.2977
2019-05-10 2019-03-31 13F Palo Alto Networks COM 697435105 7,401 21 0.28 1,798 29.35 1.5085
2019-02-11 2018-12-31 13F Palo Alto Networks COM 697435105 7,380 -85 -1.14 1,390 -17.36 1.4086
2018-11-08 2018-09-30 13F Palo Alto Networks COM 697435105 7,465 -639 -7.88 1,682 1.02 1.3518
2018-08-10 2018-06-30 13F Palo Alto Networks COM 697435105 8,104 146 1.83 1,665 15.22 1.4353
2018-05-08 2018-03-31 13F Palo Alto Networks COM 697435105 7,958 -3,854 -32.63 1,445 -15.60 1.3008
2018-02-12 2017-12-31 13F Palo Alto Networks COM 697435105 11,812 102 0.87 1,712 1.48 1.4314
2017-11-09 2017-09-30 13F Palo Alto Networks COM 697435105 11,710 -400 -3.30 1,687 4.14 1.5386
2017-08-04 2017-06-30 13F Palo Alto Networks COM 697435105 12,110 -30 -0.25 1,620 18.42 1.5000
2017-05-08 2017-03-31 13F Palo Alto Networks COM 697435105 12,140 0 0.00 1,368 -9.88 1.2941
2017-02-08 2016-12-31 13F Palo Alto Networks COM 697435105 12,140 -170 -1.38 1,518 -22.59 1.5018
2016-11-07 2016-09-30 13F Palo Alto Networks COM 697435105 12,310 -132 -1.06 1,961 28.51 2.0129
2016-08-09 2016-06-30 13F Palo Alto Networks COM 697435105 12,442 -150 -1.19 1,526 -25.71 1.5974
2016-04-18 2016-03-31 13F Palo Alto Networks COM 697435105 12,592 -1,030 -7.56 2,054 -14.38 2.2314
2016-01-27 2015-12-31 13F Palo Alto Networks COM 697435105 13,622 -230 -1.66 2,399 0.67 2.5402
2015-10-21 2015-09-30 13F Palo Alto Networks COM 697435105 13,852 -3,490 -20.12 2,383 -21.35 2.5924
2015-08-06 2015-06-30 13F Palo Alto Networks COM 697435105 17,342 -290 -1.64 3,030 17.62 2.8914
2015-05-14 2015-03-31 13F Palo Alto Networks COM 697435105 17,632 0 0.00 2,576 19.20 2.3059
2015-02-09 2014-12-31 13F Palo Alto Networks COM 697435105 17,632 17,632 2,161 1.9221
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.