Palo Alto Networks, Inc.
US ˙ NasdaqGS ˙ US6974351057

SecurityPANW / Palo Alto Networks, Inc.
InstitutionAlps Advisors Inc
Latest Disclosed Ownership16,630 shares
Latest Disclosed Value $ 2,666,122
Alps Advisors Inc reports 24.67% increase in ownership of PANW / Palo Alto Networks, Inc.

On May 8, 2026 - Alps Advisors Inc filed a 13F-HR form disclosing ownership of 16,630 shares of Palo Alto Networks, Inc. (US:PANW) valued at $2,666,122 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 13,339 shares of Palo Alto Networks, Inc.. This represents a change in shares of 24.67% during the quarter. The current value of the position is $4,663,551 USD.

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)
2026-05-08 2026-03-31 13F PALO ALTO NETWORKS COM 697435105 16,630 3,291 24.67 2,666 8.51 0.0115
2026-02-12 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 13,339 -679 -4.84 2,457 -13.91 0.0143
2025-11-05 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 14,018 699 5.25 2,854 4.73 0.0159
2025-08-11 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 13,319 87 0.66 2,726 20.74 0.0157
2025-04-30 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 13,232 -4,243 -24.28 2,258 -29.00 0.0131
2025-02-13 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 17,475 8,433 93.26 3,180 2.88 0.0201
2024-11-12 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 9,042 491 5.74 3,091 6.63 0.0207
2024-08-13 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 8,551 -1,973 -18.75 2,899 -3.08 0.0199
2024-05-14 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 10,524 350 3.44 2,990 -0.33 0.0212
2024-02-14 2023-12-31 13F PALO ALTO NETWORKS COM 697435105 10,174 -2,126 -17.28 3,000 4.06 0.0236
2023-11-14 2023-09-30 13F PALO ALTO NETWORKS COM 697435105 12,300 -1,928 -13.55 2,884 -20.69 0.0239
2023-08-14 2023-06-30 13F PALO ALTO NETWORKS COM 697435105 14,228 -2,246 -13.63 3,635 10.49 0.0316
2023-05-10 2023-03-31 13F PALO ALTO NETWORKS COM 697435105 16,474 -1,838 -10.04 3,291 28.77 0.0291
2023-02-14 2022-12-31 13F PALO ALTO NETWORKS COM 697435105 18,312 -1,881 -9.32 2,555 -22.74 0.0228
2022-11-14 2022-09-30 13F PALO ALTO NETWORKS COM 697435105 20,193 14,007 226.43 3,307 8.21 0.0313
2022-08-15 2022-06-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 6,186 3,132 102.55 3,056 60.76 0.0297
2022-08-11 2022-06-30 13F PALO ALTO NETWORKS COM 697435105 6,186 3,132 3,056 0.0293
2022-05-16 2022-03-31 13F PALO ALTO NETWORKS COM 697435105 3,054 -1,514 -33.14 1,901 -25.25 0.0206
2022-02-09 2021-12-31 13F PALO ALTO NETWORKS COM 697435105 4,568 -691 -13.14 2,543 0.95 0.0286
2021-11-15 2021-09-30 13F PALO ALTO NETWORKS COM 697435105 5,259 -924 -14.94 2,519 9.81 0.0243
2021-08-11 2021-06-30 13F PALO ALTO NETWORKS COM 697435105 6,183 176 2.93 2,294 18.55 0.0203
2021-05-07 2021-03-31 13F PALO ALTO NETWORKS COM 697435105 6,007 552 10.12 1,935 -0.21 0.0189
2021-02-03 2020-12-31 13F PALO ALTO NETWORKS COM 697435105 5,455 515 10.43 1,939 60.38 0.0218
2020-11-05 2020-09-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 4,940 1,119 29.29 1,209 37.70 0.0178
2020-11-04 2020-09-30 13F PALO ALTO NETWORKS COM 697435105 4,940 1,119 1,209 15,494.7834
2020-08-05 2020-06-30 13F PALO ALTO NETWORKS COM 697435105 3,821 -847 -18.14 878 14.77 0.0118
2020-05-06 2020-03-31 13F PALO ALTO NETWORKS COM 697435105 4,668 1,345 40.48 765 -0.39 0.0118
2020-02-07 2019-12-31 13F PALO ALTO NETWORKS COM 697435105 3,323 28 0.85 768 14.29 0.0060
2019-11-04 2019-09-30 13F PALO ALTO NETWOR COMMON STOCK 697435105 3,295 -108 -3.17 672 -3.03 0.0052
2019-08-07 2019-06-30 13F PALO ALTO NETWOR COMMON STOCK 697435105 3,403 1,181 53.15 693 28.33 0.0051
2019-05-01 2019-03-31 13F PALO ALTO NETWOR COMMON STOCK 697435105 2,222 -697 -23.88 540 -1.82 0.0038
2019-02-04 2018-12-31 13F PALO ALTO NETWOR COMMON STOCK 697435105 2,919 190 6.96 550 -10.57 0.0043
2018-10-25 2018-09-30 13F PALO ALTO NETWOR COMMON STOCK 697435105 2,729 817 42.73 615 56.49 0.0040
2018-08-02 2018-06-30 13F/A-2 Palo Alto Networks COMMON STOCK 697435105 1,912 1,912 393 0.0026
2017-11-03 2017-09-30 13F Palo Alto Networks COMMON STOCK 697435105 0 -1,692 -100.00 0 -100.00
2017-08-03 2017-06-30 13F Palo Alto Networks COMMON STOCK 697435105 1,692 1,692 226 0.0016
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.