Palo Alto Networks, Inc.
US ˙ NasdaqGS ˙ US6974351057

SecurityPANW / Palo Alto Networks, Inc.
InstitutionAxa S.a.
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Axa S.a. closes position in PANW / Palo Alto Networks, Inc.

On November 14, 2025 - Axa S.a. filed a 13F-HR form disclosing ownership of 0 shares of Palo Alto Networks, Inc. (US:PANW) valued at $0 USD as of September 30, 2025. The entity filed a previous 13F-HR on August 14, 2025 disclosing 868,259 shares of Palo Alto Networks, Inc.. The current value of the position is $0 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)
2025-11-14 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 0 -100.00 0
2025-08-14 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 868,259 -101,221 -10.44 177,681 7.40 0.5104
2025-05-15 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 969,480 -251,625 -20.61 165,432 -25.55 0.5434
2025-02-14 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 1,221,105 682,671 126.79 222,192 20.73 0.6750
2024-11-14 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 538,434 -89,733 -14.28 184,037 -13.58 0.5449
2025-02-25 2024-06-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 628,167 -74,879 -10.65 212,955 6.61 0.6335
2024-08-14 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 628,167 -74,879 212,955 0.6335
2024-05-15 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 703,046 16,852 2.46 199,756 -1.28 0.5988
2024-07-16 2023-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 686,194 -49,558 -6.74 202,345 17.31 0.6524
2024-02-14 2023-12-31 13F PALO ALTO NETWORKS COM 697435105 686,194 -49,558 202,345 0.3963
2023-11-14 2023-09-30 13F PALO ALTO NETWORKS COM 697435105 735,752 18,315 2.55 172,490 -5.90 0.6063
2023-08-14 2023-06-30 13F PALO ALTO NETWORKS COM 697435105 717,437 22,923 3.30 183,312 32.14 0.6091
2023-05-15 2023-03-31 13F PALO ALTO NETWORKS COM 697435105 694,514 -21,497 -3.00 138,722 38.84 0.4772
2023-02-14 2022-12-31 13F PALO ALTO NETWORKS COM 697435105 716,011 50,793 7.64 99,912 -8.30 0.3605
2023-02-14 2022-09-30 13F/A-1 Palo Alto Networks COM 697435105 665,218 467,208 235.95 108,956 11.40 0.4286
2022-11-14 2022-09-30 13F Palo Alto Networks COM 697435105 665,218 467,208 108,956 0.4286
2023-02-14 2022-06-30 13F/A-1 Palo Alto Networks COM 697435105 198,010 -16,646 -7.75 97,805 -26.81 0.3624
2022-08-15 2022-06-30 13F Palo Alto Networks COM 697435105 198,010 -16,646 97,805 0.3625
2023-02-14 2022-03-31 13F/A-1 Palo Alto Networks COM 697435105 214,656 -8,077 -3.63 133,626 7.76 0.3798
2022-05-13 2022-03-31 13F Palo Alto Networks COM 697435105 214,656 -8,077 133,626 0.3798
2022-02-14 2021-12-31 13F Palo Alto Networks COM 697435105 222,733 -31,764 -12.48 124,008 1.73 0.3170
2021-11-15 2021-09-30 13F Palo Alto Networks COM 697435105 254,497 12,698 5.25 121,905 35.87 0.3421
2021-08-13 2021-06-30 13F/A-1 Palo Alto Networks COM 697435105 241,799 -26,294 -9.81 89,719 3.91 0.2530
2021-08-13 2021-06-30 13F Palo Alto Networks COM 697435105 241,799 -26,294 89,719 0.1515
2021-05-14 2021-03-31 13F Palo Alto Networks COM 697435105 268,093 -8,013 -2.90 86,342 -12.01 0.2629
2021-02-12 2020-12-31 13F Palo Alto Networks COM 697435105 276,106 -16,003 -5.48 98,125 37.25 0.3080
2021-02-11 2020-09-30 13F/A-1 Palo Alto Networks COM 697435105 292,109 -89,294 -23.41 71,493 -18.38 0.2584
2020-11-13 2020-09-30 13F Palo Alto Networks COM 697435105 292,109 -89,294 71,493 142,711.3748
2021-02-12 2020-06-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 381,403 134,114 54.23 87,596 116.04 0.3451
2020-08-14 2020-06-30 13F PALO ALTO NETWORKS COM 697435105 381,403 134,114 87,596 345,447.6089
2021-02-12 2020-03-31 13F/A-2 PALO ALTO NETWORKS COM 697435105 247,289 -39,080 -13.65 40,546 -38.77 0.2027
2020-06-15 2020-03-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 247,289 0 40,546 0.2028
2020-05-15 2020-03-31 13F PALO ALTO NETWORKS COM 697435105 247,289 -39,080 40,546 112,759.1234
2021-02-12 2019-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 286,369 -43,983 -13.31 66,222 -1.65 0.2693
2020-02-18 2019-12-31 13F PALO ALTO NETWORKS COM 697435105 286,369 -43,983 66,222 269,633.3419
2021-02-12 2019-09-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 330,352 6,693 2.07 67,336 2.10 0.2680
2019-11-14 2019-09-30 13F PALO ALTO NETWORKS COM 697435105 330,352 6,693 67,336 268,338.2468
2021-02-12 2019-06-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 323,659 -40,525 -11.13 65,949 -25.44 0.2574
2019-08-13 2019-06-30 13F PALO ALTO NETWORKS COM 697435105 323,659 -40,525 65,949 258,624.2394
2019-05-14 2019-03-31 13F PALO ALTO NETWORKS COM 697435105 364,184 16,091 4.62 88,454 34.91 0.3457
2019-02-13 2018-12-31 13F PALO ALTO NETWORKS COM 697435105 348,093 37,292 12.00 65,563 -6.35 0.2858
2018-11-08 2018-09-30 13F PALO ALTO NETWORKS COM 697435105 310,801 62,197 25.02 70,011 37.06 0.2568
2018-08-13 2018-06-30 13F PALO ALTO NETWORKS COM 697435105 248,604 108,396 77.31 51,081 100.70 0.1958
2018-05-14 2018-03-31 13F PALO ALTO NETWORKS COM 697435105 140,208 7,888 5.96 25,451 32.70 0.1016
2018-02-13 2017-12-31 13F PALO ALTO NETWORKS COM 697435105 132,320 12,807 10.72 19,179 11.36 0.0753
2017-12-01 2017-09-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 119,513 12,826 12.02 17,222 20.64 0.0742
2017-11-13 2017-09-30 13F PALO ALTO NETWORKS COM 697435105 119,513 12,826 17,222
2017-08-10 2017-06-30 13F PALO ALTO NETWORKS COM 697435105 106,687 10,504 10.92 14,276 31.72 0.0648
2017-05-11 2017-03-31 13F PALO ALTO NETWORKS COM 697435105 96,183 -39,049 -28.88 10,838 -35.91 0.0489
2017-02-13 2016-12-31 13F PALO ALTO NETWORKS COM 697435105 135,232 65,632 94.30 16,911 52.50 0.0793
2016-11-10 2016-09-30 13F PALO ALTO NETWORKS COM 697435105 69,600 14,700 26.78 11,089 64.70 0.0487
2016-08-11 2016-06-30 13F PALO ALTO NETWORKS COM 697435105 54,900 -26,000 -32.14 6,733 -48.98 0.0300
2016-05-13 2016-03-31 13F PALO ALTO NETWORKS COM 697435105 80,900 -500 -0.61 13,198 -7.95 0.0592
2016-02-12 2015-12-31 13F PALO ALTO NETWORKS COM 697435105 81,400 28,000 52.43 14,338 56.10 0.0627
2015-11-13 2015-09-30 13F PALO ALTO NETWORKS COM 697435105 53,400 -4,600 -7.93 9,185 -9.36 0.0377
2015-08-13 2015-06-30 13F PALO ALTO NETWORKS COM 697435105 58,000 -16,800 -22.46 10,133 -7.27 0.0406
2015-05-13 2015-03-31 13F PALO ALTO NETWORKS COM 697435105 74,800 -9,800 -11.58 10,927 5.38 0.0450
2015-02-13 2014-12-31 13F PALO ALTO NETWORKS COM 697435105 84,600 -25,900 -23.44 10,369 -4.35 0.0416
2014-11-13 2014-09-30 13F PALO ALTO NETWORKS COM 697435105 110,500 88,500 402.27 10,840 487.53 0.0463
2014-08-13 2014-06-30 13F PALO ALTO NETWORKS COM 697435105 22,000 22,000 -63.93 1,845 -33.99 0.0077
2014-02-13 2013-12-31 13F PALO ALTO NETWORKS COM 697435105 0 -61,000 -100.00 0 -100.00
2013-11-13 2013-09-30 13F PALO ALTO NETWORKS COM 697435105 61,000 -18,000 -22.78 2,795 -16.09 0.0138
2013-08-12 2013-06-30 13F PALO ALTO NETWORKS COM 697435105 79,000 79,000 3,331 0.0177
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.