Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionStandard Life Aberdeen plc
Latest Disclosed Ownership631,997 shares
Latest Disclosed Value $ 101,321,759
Standard Life Aberdeen plc reports 5.02% increase in ownership of PANW / Palo Alto Networks, Inc.

On April 29, 2026 - Standard Life Aberdeen plc filed a 13F-HR form disclosing ownership of 631,997 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $101,321,759 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 16, 2026 disclosing 601,775 shares of Palo Alto Networks, Inc.. This represents a change in shares of 5.02% 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)
2026-04-29 2026-03-31 13F PALO ALTO NETWORKS COM 697435105 631,997 30,222 5.02 101,322 -8.59 0.0888
2026-01-16 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 601,775 2,632 0.44 110,847 -9.14 0.1716
2025-11-07 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 599,143 37,654 6.71 121,997 6.17 0.1930
2025-07-24 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 561,489 34,804 6.61 114,903 29.42 0.1954
2025-05-13 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 526,685 257,180 95.43 88,781 80.08 0.1731
2025-01-24 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 269,505 113,352 72.59 49,302 -7.21 0.0926
2024-10-25 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 156,153 -2,763 -1.74 53,133 -1.38 0.0974
2024-08-09 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 158,916 21,970 16.04 53,874 38.46 0.1033
2024-05-09 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 136,946 -1,680 -1.21 38,910 -4.81 0.0763
2024-01-31 2023-12-31 13F PALO ALTO NETWORKS COM 697435105 138,626 55,405 66.58 40,878 109.52 0.0886
2023-11-07 2023-09-30 13F PALO ALTO NETWORKS COM 697435105 83,221 -3,575 -4.12 19,510 -12.03 0.0498
2024-06-20 2023-06-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 86,796 32,171 58.89 22,177 103.27 0.0516
2023-08-04 2023-06-30 13F PALO ALTO NETWORKS COM 697435105 86,796 32,171 22,177 0.0516
2024-06-20 2023-03-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 54,625 24,582 81.82 10,911 160.26 0.0273
2023-04-28 2023-03-31 13F PALO ALTO NETWORKS COM 697435105 54,625 24,582 10,911 0.0273
2024-06-20 2022-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 30,043 256 0.86 4,192 -14.06 0.0114
2023-02-10 2022-12-31 13F PALO ALTO NETWORKS COM 697435105 30,043 256 4,192 0.0114
2022-11-10 2022-09-30 13F PALO ALTO NETWORKS COM 697435105 29,787 20,443 218.78 4,878 5.49 0.0145
2022-08-05 2022-06-30 13F PALO ALTO NETWORKS COM 697435105 9,344 -578 -5.83 4,624 -26.23 0.0145
2022-05-04 2022-03-31 13F PALO ALTO NETWORKS COM 697435105 9,922 -149 -1.48 6,268 11.79 0.0160
2022-02-10 2021-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 10,071 -287 -2.77 5,607 14.43 0.0123
2022-02-08 2021-12-31 13F PALO ALTO NETWORKS COM 697435105 10,071 -287 5,607 0.0040
2021-11-15 2021-09-30 13F PALO ALTO NETWORKS COM 697435105 10,358 1,043 11.20 4,900 41.74 0.0110
2021-08-10 2021-06-30 13F PALO ALTO NETWORKS COM 697435105 9,315 -1,722 -15.60 3,457 -2.81 0.0076
2021-05-06 2021-03-31 13F PALO ALTO NETWORKS COM 697435105 11,037 327 3.05 3,557 -6.54 0.0081
2021-02-10 2020-12-31 13F PALO ALTO NETWORKS COM 697435105 10,710 460 4.49 3,806 51.69 0.0093
2020-10-21 2020-09-30 13F PALO ALTO NETWORKS COM 697435105 10,250 -3,055 -22.96 2,509 -17.90 0.0067
2020-08-10 2020-06-30 13F PALO ALTO NETWORKS COM 697435105 13,305 646 5.10 3,056 47.21 0.0083
2020-05-13 2020-03-31 13F PALO ALTO NETWORKS COM 697435105 12,659 -60 -0.47 2,076 -29.41 0.0066
2020-02-18 2019-12-31 13F PALO ALTO NETWORKS COM 697435105 12,719 239 1.92 2,941 15.61 0.0071
2019-11-13 2019-09-30 13F PALO ALTO NETWORKS COM 697435105 12,480 578 4.86 2,544 4.86 0.0063
2019-08-13 2019-06-30 13F PALO ALTO NETWORKS COM 697435105 11,902 118 1.00 2,426 -15.23 0.0054
2019-05-14 2019-03-31 13F PALO ALTO NETWORKS COM 697435105 11,784 6,925 142.52 2,862 223.02 0.0062
2019-02-12 2018-12-31 13F PALO ALTO NETWORKS COM 697435105 4,859 -51 -1.04 886 -19.89 0.0021
2018-11-20 2018-09-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 4,910 -149 -2.95 1,106 6.45 0.0021
2018-11-13 2018-09-30 13F PALO ALTO NETWORKS COM 697435105 4,910 -149 1,106
2018-08-09 2018-06-30 13F PALO ALTO NETWORKS COM 697435105 5,059 5,059 1,039 0.0020
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.