Palo Alto Networks, Inc.
US ˙ NasdaqGS ˙ US6974351057

SecurityPANW / Palo Alto Networks, Inc.
InstitutionPitcairn Co
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Pitcairn Co closes position in PANW / Palo Alto Networks, Inc.

On February 12, 2026 - Pitcairn Co filed a 13F-HR form disclosing ownership of 0 shares of Palo Alto Networks, Inc. (US:PANW) valued at $0 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 12, 2025 disclosing 11,659 shares of Palo Alto Networks, Inc.. This represents a change in shares of -100.00% during the quarter. 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.

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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)
2026-02-12 2025-12-31 13F PALO ALTO NETWORKS COM 697435105 0 -11,659 -100.00 0 -100.00
2025-11-12 2025-09-30 13F PALO ALTO NETWORKS COM 697435105 11,659 -403 -3.34 2,374 -3.81 0.1874
2025-08-19 2025-06-30 13F/A-1 PALO ALTO NETWORKS COM 697435105 12,062 -31 -0.26 2,468 19.63 0.1617
2025-08-14 2025-06-30 13F PALO ALTO NETWORKS COM 697435105 3,973 -8,120 427 0.0250
2025-05-09 2025-03-31 13F PALO ALTO NETWORKS COM 697435105 12,093 177 1.49 2,064 -4.84 0.1244
2025-02-12 2024-12-31 13F PALO ALTO NETWORKS COM 697435105 11,916 6,001 101.45 2,168 7.27 0.1281
2024-11-12 2024-09-30 13F PALO ALTO NETWORKS COM 697435105 5,915 1,347 29.49 2,022 30.56 0.1195
2024-08-13 2024-06-30 13F PALO ALTO NETWORKS COM 697435105 4,568 162 3.68 1,549 23.74 0.0946
2024-05-13 2024-03-31 13F PALO ALTO NETWORKS COM 697435105 4,406 -1,706 -27.91 1,252 -30.58 0.0811
2024-02-14 2023-12-31 13F PALO ALTO NETWORKS COM 697435105 6,112 -1,973 -24.40 1,802 -4.91 0.1382
2023-11-13 2023-09-30 13F PALO ALTO NETWORKS COM 697435105 8,085 5,990 285.92 1,895 254.21 0.1617
2023-08-11 2023-06-30 13F PALO ALTO NETWORKS COM 697435105 2,095 -128 -5.76 535 20.50 0.0464
2023-05-05 2023-03-31 13F PALO ALTO NETWORKS COM 697435105 2,223 638 40.25 444 100.90 0.0408
2023-02-13 2022-12-31 13F PALO ALTO NETWORKS COM 697435105 1,585 -14 -0.88 221 -15.65 0.0221
2022-11-14 2022-09-30 13F PALO ALTO NETWORKS COM 697435105 1,599 1,071 202.84 262 0.38 0.0284
2022-08-12 2022-06-30 13F PALO ALTO NETWORKS COM 697435105 528 -31 -5.55 261 -25.00 0.0276
2022-05-12 2022-03-31 13F PALO ALTO NETWORKS COM 697435105 559 -198 -26.16 348 -17.34 0.0303
2022-02-14 2021-12-31 13F PALO ALTO NETWORKS COM 697435105 757 18 2.44 421 18.93 0.0271
2021-11-10 2021-09-30 13F PALO ALTO NETWORKS COM 697435105 739 -2 -0.27 354 28.73 0.0245
2021-08-11 2021-06-30 13F PALO ALTO NETWORKS COM 697435105 741 13 1.79 275 17.52 0.0184
2021-05-10 2021-03-31 13F PALO ALTO NETWORKS COM 697435105 728 728 234 0.0166
2020-02-12 2019-12-31 13F PALO ALTO NETWORKS COM 697435105 0 -2,863 -100.00 0 -100.00
2019-11-12 2019-09-30 13F PALO ALTO NETWORKS COM 697435105 2,863 -42 -1.45 584 -1.35 0.0575
2019-08-12 2019-06-30 13F PALO ALTO NETWORKS COM 697435105 2,905 -74 -2.48 592 -18.23 0.0592
2019-05-07 2019-03-31 13F PALO ALTO NETWORKS COM 697435105 2,979 -329 -9.95 724 16.21 0.0786
2019-02-12 2018-12-31 13F PALO ALTO NETWORKS COM 697435105 3,308 -367 -9.99 623 -24.76 0.0690
2018-11-02 2018-09-30 13F PALO ALTO NETWORKS COM 697435105 3,675 -247 -6.30 828 2.73 0.0859
2018-08-02 2018-06-30 13F PALO ALTO NETWORKS COM 697435105 3,922 -58 -1.46 806 11.63 0.0856
2018-05-11 2018-03-31 13F PALO ALTO NETWORKS COM 697435105 3,980 -66 -1.63 722 23.00 0.0766
2018-02-13 2017-12-31 13F PALO ALTO NETWORKS COM 697435105 4,046 958 31.02 587 31.91 0.0586
2017-11-03 2017-09-30 13F PALO ALTO NETWORKS COM 697435105 3,088 -126 -3.92 445 3.49 0.0504
2017-08-02 2017-06-30 13F PALO ALTO NETWORKS COM 697435105 3,214 -17 -0.53 430 18.13 0.0516
2017-05-08 2017-03-31 13F PALO ALTO NETWORKS COM 697435105 3,231 -451 -12.25 364 -21.04 0.0441
2017-02-06 2016-12-31 13F PALO ALTO NETWORKS COM 697435105 3,682 -430 -10.46 461 -29.62 0.0570
2016-11-09 2016-09-30 13F PALO ALTO NETWORKS COM 697435105 4,112 -303 -6.86 655 21.07 0.0815
2016-07-25 2016-06-30 13F PALO ALTO NETWORKS COM 697435105 4,415 934 26.83 541 -4.75 0.0694
2016-04-29 2016-03-31 13F PALO ALTO NETWORKS COM 697435105 3,481 896 34.66 568 24.84 0.0717
2016-02-10 2015-12-31 13F PALO ALTO NETWORKS COM 697435105 2,585 -232 -8.24 455 -6.19 0.0505
2015-11-02 2015-09-30 13F PALO ALTO NETWORKS COM 697435105 2,817 937 49.84 485 47.87 0.0643
2015-08-06 2015-06-30 13F PALO ALTO NETWORKS COM 697435105 1,880 -7,898 -80.77 328 -51.12 0.0379
2014-05-13 2014-03-31 13F PALO ALTO NETWORKS COM 697435105 9,778 -690 -6.59 671 11.65 0.0750
2014-05-13 2013-12-31 13F/A-1 PALO ALTO NETWORKS COM 697435105 10,468 10,468 601 0.0664
2014-02-12 2013-12-31 13F PALO ALTO NETWORKS COM 697435105 6,871 395 0.0687
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.