Palo Alto Networks, Inc.
CH ˙ SWX ˙ US6974351057
SecurityCH:PANW / Palo Alto Networks, Inc.
InstitutionWaldron Private Wealth LLC
Latest Disclosed Ownership36,212 shares
Latest Disclosed Value $ 5,805,507
Waldron Private Wealth LLC reports 0.08% decrease in ownership of PANW / Palo Alto Networks, Inc.

On April 10, 2026 - Waldron Private Wealth LLC filed a 13F-HR form disclosing ownership of 36,212 shares of Palo Alto Networks, Inc. (CH:PANW) valued at $5,805,507 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 14, 2026 disclosing 36,241 shares of Palo Alto Networks, Inc.. This represents a change in shares of -0.08% 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)
2026-04-10 2026-03-31 13F PALO ALTO NETWORKS COM 697435105 36,212 -29 -0.08 5,806 -13.03 0.2264
2026-01-14 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 36,241 1,842 5.35 6,676 -4.70 0.2638
2025-10-30 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 34,399 300 0.88 7,004 0.37 0.2838
2025-07-31 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 34,099 -589 -1.70 6,978 17.89 0.3044
2025-05-08 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 34,688 -1,534 -4.23 5,919 -10.18 0.2795
2025-01-24 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 36,222 18,162 100.56 6,591 6.77 0.2653
2024-10-21 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 18,060 273 1.53 6,173 2.37 0.2564
2024-07-31 2024-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 17,787 46 0.26 6,030 19.62 0.2698
2024-05-09 2024-03-31 13F PALO ALTO NETWORKS INC COM COM 697435105 17,741 48 0.27 5,041 -3.39 0.2275
2024-08-29 2023-12-31 13F/A-1 PALO ALTO NETWORKS INC COM COM 697435105 17,693 132 0.75 5,217 26.72 0.2481
2024-01-30 2023-12-31 13F PALO ALTO NETWORKS INC COM COM 697435105 17,693 132 5 0.2481
2024-08-29 2023-09-30 13F/A-1 PALO ALTO NETWORKS INC COM COM 697435105 17,561 79 0.45 4,117 -7.81 0.2138
2023-10-26 2023-09-30 13F PALO ALTO NETWORKS INC COM COM 697435105 17,561 79 4 0.2138
2024-08-29 2023-06-30 13F/A-1 PALO ALTO NETWORKS INC COM COM 697435105 17,482 -15 -0.09 4,467 27.82 0.2229
2023-08-07 2023-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 17,482 -15 4 0.2229
2024-08-29 2023-03-31 13F/A-1 PALO ALTO NETWORKS INC COM COM 697435105 17,497 63 0.36 3,495 174,600.00 0.1701
2023-05-02 2023-03-31 13F PALO ALTO NETWORKS INC COM COM 697435105 17,497 63 3 0.1701
2023-02-08 2022-12-31 13F PALO ALTO NETWORKS INC COM COM 697435105 17,434 0 0.00 3 -99.93 0.1775
2022-11-14 2022-09-30 13F PALO ALTO NETWORKS INC COM COM 697435105 17,434 11,640 200.90 2,855 -0.21 0.1774
2022-08-03 2022-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 5,794 60 1.05 2,861 -19.84 0.1605
2022-05-04 2022-03-31 13F PALO ALTO NETWORKS INC COM COM 697435105 5,734 38 0.67 3,569 12.55 0.1830
2022-02-02 2021-12-31 13F PALO ALTO NETWORKS INC COM COM 697435105 5,696 -193 -3.28 3,171 12.45 0.1564
2021-11-02 2021-09-30 13F PALO ALTO NETWORKS INC COM COM 697435105 5,889 -71 -1.19 2,820 27.54 0.1641
2021-08-06 2021-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 5,960 -8 -0.13 2,211 15.04 0.1413
2021-05-11 2021-03-31 13F PALO ALTO NETWORKS INC COM COM 697435105 5,968 -72 -1.19 1,922 -10.44 0.1335
2021-02-12 2020-12-31 13F PALO ALTO NETWORKS INC COM COM 697435105 6,040 8 0.13 2,146 45.39 0.1596
2020-11-13 2020-09-30 13F PALO ALTO NETWORKS INC COM COM 697435105 6,032 0 0.00 1,476 6.57 0.1262
2020-08-11 2020-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 6,032 2 0.03 1,385 40.18 0.1224
2020-05-05 2020-03-31 13F PALO ALTO NETWORKS INC COM COM 697435105 6,030 -18 -0.30 988 -29.33 0.1053
2020-02-07 2019-12-31 13F PALO ALTO NETWORKS INC COM COM 697435105 6,048 295 5.13 1,398 19.28 0.1246
2019-11-06 2019-09-30 13F PALO ALTO NETWORKS INC COM COM 697435105 5,753 -34 -0.59 1,172 -0.59 0.1194
2019-07-31 2019-06-30 13F PALO ALTO NETWORKS INC COM COM 697435105 5,787 0 0.00 1,179 -16.09 0.1254
2019-05-01 2019-03-31 13F PALO ALTO NETWORKS INC COM COM 697435105 5,787 -403 -6.51 1,405 20.60 0.1583
2019-02-13 2018-12-31 13F Palo Alto Networks COM 697435105 6,190 -35 -0.56 1,165 -16.90 0.1679
2018-11-20 2018-09-30 13F Palo Alto Networks COM 697435105 6,225 32 0.52 1,402 10.22 0.2731
2018-08-09 2018-06-30 13F Palo Alto Networks COM 697435105 6,193 0 0.00 1,272 13.17 0.2758
2018-05-09 2018-03-31 13F Palo Alto Networks COM 697435105 6,193 0 0.00 1,124 25.31 0.2531
2018-01-26 2017-12-31 13F Palo Alto Networks COM 697435105 6,193 0 0.00 897 0.56 0.2111
2017-11-08 2017-09-30 13F Palo Alto Networks COM 697435105 6,193 -70 -1.12 892 6.44 0.2494
2017-08-14 2017-06-30 13F Palo Alto Networks COM 697435105 6,263 -6,587 -51.26 838 -52.09 0.2661
2017-05-18 2017-03-31 13F/A-2 Palo Alto Networks COM 697435105 12,850 6,587 105.17 1,749 123.37 0.2813
2017-04-27 2017-03-31 13F/A-1 Palo Alto Networks COM 697435105 12,850 0 1,749 0.2613
2017-04-24 2017-03-31 13F Palo Alto Networks COM 697435105 12,850 1,749
2017-01-27 2016-12-31 13F Palo Alto Networks COM 697435105 6,263 -6,221 -49.83 783 -60.83 0.2689
2016-11-14 2016-09-30 13F Palo Alto Networks COM 697435105 12,484 -30 -0.24 1,999 12.75 0.7243
2016-08-11 2016-06-30 13F/A-1 Palo Alto Networks COM 697435105 12,514 -111 -0.88 1,773 -13.34 0.6514
2016-08-09 2016-06-30 13F Palo Alto Networks COM 697435105 12,566 2,161
2016-08-11 2016-03-31 13F/A-2 Palo Alto Networks COM 697435105 12,625 -122 -0.96 2,046 -4.88 0.7719
2016-08-09 2016-03-31 13F/A-1 Palo Alto Networks COM 697435105 12,747 122 2,151 0.8017
2016-05-09 2016-03-31 13F Palo Alto Networks COM 697435105 12,566 2,161
2016-02-05 2015-12-31 13F Palo Alto Networks COM 697435105 12,747 181 1.44 2,151 -0.46 0.8017
2015-11-13 2015-09-30 13F Palo Alto Networks COM 697435105 12,566 22 0.18 2,161 -1.37 0.9326
2015-08-12 2015-06-30 13F Palo Alto Networks COM 697435105 12,544 0 0.00 2,191 19.60 0.8650
2015-05-04 2015-03-31 13F Palo Alto Networks COM 697435105 12,544 -2,058 -14.09 1,832 2.35 0.7450
2015-02-13 2014-12-31 13F Palo Alto Networks COM 697435105 14,602 0 0.00 1,790 25.00 0.7441
2014-11-13 2014-09-30 13F Palo Alto Networks COM 697435105 14,602 201 1.40 1,432 18.54 0.6803
2014-08-13 2014-06-30 13F Palo Alto Networks COM 697435105 14,401 0 0.00 1,208 -99.88 0.5580
2014-05-13 2014-03-31 13F Palo Alto Networks COM 697435105 14,401 2,071 16.80 987,909 139,238.36 0.4807
2014-02-04 2013-12-31 13F Palo Alto Networks COM 697435105 12,330 12,330 709 0.3234
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.