Palo Alto Networks, Inc. (PANW) Ownership
PANW ownership summary
as of October 18, 2026- Institutions
- 84.3% of shares outstanding
- Insiders
- 0.75% of shares outstanding
- Shares outstanding
- 818.0M
- Float
- 811.4M shares available to trade
- Short interest
- 2.66% 21.6M shares short
- Days to cover
- 3.10 short interest down 1.2% vs prior month
- Institutions 84.25%
- Insiders 0.75%
- Other investors 14.99%
PANW top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 9.26% | 75.8M | $25.91B | +3.3M (+4.6%) | June 30, 2026 |
| 2 | Vanguard Capital Management, LLC | 6.50% | 53.1M | $18.17B | +363,472 (+0.7%) | June 30, 2026 |
| 3 | State Street Corp | 4.52% | 37.0M | $12.65B | +1.5M (+4.2%) | June 30, 2026 |
| 4 | Morgan Stanley - Brokerage Accounts | 3.60% | 29.5M | $10.07B | −2.9M (−8.9%) | June 30, 2026 |
| 5 | Amvescap Plc. | 3.14% | 25.6M | $8.77B | +1.7M (+7.2%) | June 30, 2026 |
| 6 | Bank of America Corp | 2.77% | 22.7M | $7.76B | +205,123 (+0.9%) | June 30, 2026 |
| 7 | JPMorgan Chase & Co | 2.65% | 21.7M | $7.43B | +8.2M (+61.2%) | June 30, 2026 |
| 8 | FMR Inc | 2.45% | 20.1M | $6.86B | +11.9M (+147.4%) | June 30, 2026 |
| 9 | Geode Capital Management, LLC | 2.40% | 19.6M | $6.71B | +292,058 (+1.5%) | June 30, 2026 |
| 10 | Vanguard Portfolio Management, LLC | 2.37% | 19.3M | $6.62B | −253,813 (−1.3%) | June 30, 2026 |
| 11 | NORGES BANK | 1.19% | 9.8M | $3.33B | +698,952 (+7.7%) | June 30, 2026 |
| 12 | Nuveen, LLC | 1.10% | 9.0M | $3.08B | +1.0M (+12.7%) | June 30, 2026 |
| 13 | UBS Asset Mgmt Americas Inc | 1.07% | 8.8M | $3.00B | +706,003 (+8.7%) | June 30, 2026 |
| 14 | Northern Trust Corp | 1.07% | 8.8M | $3.00B | +77,312 (+0.9%) | June 30, 2026 |
| 15 | The Goldman Sachs Group Inc | 0.97% | 7.9M | $2.71B | +1.7M (+27.2%) | June 30, 2026 |
| 16 | Royal Bank of Canada | 0.85% | 7.0M | $2.38B | −597,055 (−7.9%) | June 30, 2026 |
| 17 | UBS Group AG | 0.83% | 6.8M | $2.31B | −1.5M (−18.1%) | June 30, 2026 |
| 18 | Ameriprise Financial Inc | 0.80% | 6.6M | $2.24B | +62,423 (+1.0%) | June 30, 2026 |
| 19 | Charles Schwab Investment Management Inc | 0.78% | 6.4M | $2.18B | +434,745 (+7.3%) | June 30, 2026 |
| 20 | Wells Fargo & Co | 0.73% | 6.0M | $2.04B | −149,847 (−2.4%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 15 holders added 32.3M shares and 5 cut 5.4M.
PANW top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 3.17% | 25.9M | $8.87B | −51,301 (−0.2%) | August 31, 2026 |
| 2 | Vanguard 500 Index Investor | 2.62% | 21.4M | $7.32B | −140,481 (−0.7%) | September 30, 2026 |
| 3 | Invesco QQQ Trust | 2.08% | 17.0M | $5.82B | −27,764 (−0.2%) | September 30, 2026 |
| 4 | iShares Core S&P 500 ETF | 1.33% | 10.9M | $3.71B | −17,464 (−0.2%) | September 30, 2026 |
| 5 | Fidelity 500 Index | 1.29% | 10.5M | $3.60B | +40,433 (+0.4%) | August 31, 2026 |
| 6 | State Street® SPDR® S&P 500® ETF | 1.22% | 10.0M | $3.42B | — | September 30, 2026 |
| 7 | Vanguard MStar Growth Index Investor | 1.06% | 8.7M | $2.98B | +58,128 (+0.7%) | September 30, 2026 |
| 8 | State Street®TechSelSectSPDR®ETF | 0.72% | 5.9M | $2.01B | +3,616 (+0.1%) | September 30, 2026 |
| 9 | JPMorgan Large Cap Growth I | 0.68% | 5.6M | $1.91B | — | August 31, 2026 |
| 10 | Vanguard Information Technology ETF | 0.68% | 5.6M | $1.90B | +12,785 (+0.2%) | September 30, 2026 |
| 11 | Fidelity Contrafund | 0.62% | 5.0M | $1.72B | +1.7M (+48.8%) | August 31, 2026 |
| 12 | Vanguard Institutional Index I | 0.53% | 4.3M | $1.47B | −24,484 (−0.6%) | September 30, 2026 |
| 13 | Invesco NASDAQ 100 ETF | 0.46% | 3.7M | $1.28B | +8,736 (+0.2%) | September 30, 2026 |
| 14 | First Trust NASDAQ Cybersecurity ETF | 0.43% | 3.5M | $1.20B | — | September 30, 2026 |
| 15 | iShares Expanded Tech-Software Sect ETF | 0.42% | 3.4M | $1.17B | +32,350 (+1.0%) | September 30, 2026 |
| 16 | iShares Russell 1000 Growth ETF | 0.37% | 3.0M | $1.03B | −2,072 (−0.1%) | September 30, 2026 |
| 17 | CREF Growth R3 | 0.28% | 2.3M | $784.9M | −11,600 (−0.5%) | August 31, 2026 |
| 18 | State Street® SPDR® Port S&P 500® ETF | 0.26% | 2.1M | $733.0M | −1,430 (−0.1%) | September 30, 2026 |
| 19 | iShares Core S&P 500 ETF USD Acc | 0.24% | 1.9M | $664.8M | +448 (+0.0%) | September 30, 2026 |
| 20 | Schwab® S&P 500 Index | 0.22% | 1.8M | $626.2M | +12,753 (+0.7%) | September 30, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
PANW insider transactions
latest 20| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-08 | John P Key | Sell | $173.32 | 1,572 | $272,459 |
| 2026-04-01 | Josh D Paul | Sell | $161.40 | 1,100 | $177,540 |
| 2026-04-01 | Dipak Golechha | Sell | $160.42 | 5,000 | $802,100 |
| 2026-03-30 | Ro Khanna | Buy | $154.35 | — | — |
| 2026-03-27 | Nikesh Arora | Buy | $146.87 | 68,085 | $10.0M |
| 2026-03-23 | Ro Khanna | Buy | $164.05 | — | — |
| 2026-03-13 | Gilbert Ray Cisneros, Jr. | Buy | $167.01 | — | — |
| 2026-03-06 | James J Goetz | Sell | $164.41 | 22,684 | $3.7M |
| 2026-02-27 | Josh Gottheimer | Sell | $148.92 | — | — |
| 2026-02-24 | Ro Khanna | Sell | $141.67 | — | — |
| 2026-02-17 | Ro Khanna | Sell | $163.50 | — | — |
| 2026-02-05 | Jonathan L. Jackson | Sell | $154.77 | — | — |
| 2026-02-05 | Ro Khanna | Sell | $154.77 | — | — |
| 2026-01-29 | Ro Khanna | Buy | $176.20 | — | — |
| 2026-01-23 | Ro Khanna | Buy | $180.18 | — | — |
| 2026-01-13 | Ro Khanna | Buy | $190.85 | — | — |
| 2026-01-08 | Lee Klarich | Sell | $191.03 | 120,768 | $23.1M |
| 2026-01-06 | Ro Khanna | Buy | $185.86 | — | — |
| 2026-01-02 | Josh D Paul | Sell | $184.81 | 800 | $147,848 |
| 2025-12-23 | Dipak Golechha | Sell | $188.18 | 5,000 | $940,900 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
PANW shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns PANW
Institutional investors own 84.3% of Palo Alto Networks's shares and insiders 0.75%. The largest holder is BlackRock Inc with 9.26% of the shares (75.8M), as of June 30, 2026. Among the top 20 institutions, 15 added shares and 5 reduced their stake in the latest filings. Short interest is 2.66% of the float, or 3.10 days of average trading volume. The share count rose 48.8% since 2014.
Related: PANW analyst forecast, PANW key metrics. See the PANW stock overview for the latest quote and news.
PANW ownership FAQ
Who owns the most Palo Alto Networks stock?
The largest shareholders of Palo Alto Networks are BlackRock Inc (9.26%), Vanguard Capital Management, LLC (6.50%), State Street Corp (4.52%), Morgan Stanley - Brokerage Accounts (3.60%), Amvescap Plc. (3.14%).
What percentage of Palo Alto Networks is owned by institutions?
Institutions hold 84.3% of Palo Alto Networks's shares outstanding; insiders hold 0.75%.
Which funds own Palo Alto Networks?
The largest fund holders of Palo Alto Networks are Vanguard MStar Total Stk Mkt Idx Invest (3.17%), Vanguard 500 Index Investor (2.62%), Invesco QQQ Trust (2.08%), iShares Core S&P 500 ETF (1.33%), Fidelity 500 Index (1.29%).
What is Palo Alto Networks's short interest?
21.6M shares of Palo Alto Networks were sold short, 2.66% of the float; at the average daily volume it would take 3.10 days to cover.
Are insiders buying or selling Palo Alto Networks?
Of the latest 20 reported insider transactions in Palo Alto Networks (since December 23, 2025), 8 were purchases and 12 were sales.
How many shares of Palo Alto Networks are outstanding?
Palo Alto Networks has 818.0M shares outstanding, of which 811.4M are in the public float.