Ray Dalio's PANW Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 89,094 shares of Palo Alto Networks, Inc. (PANW) worth $18.14 M, representing 0.07% of the portfolio. First purchased in 2019-Q4, this medium-term investment has been held for 19 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in PANW, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2025, adding 845,118 shares. Largest reduction occurred in Q3 2025, reducing 1.44 M shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Palo Alto Networks (PANW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Palo Alto Networks (PANW) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2019 | +29,874 | New Buy | 29,874 | $38.53 |
| Q1 2020 | -29,874 | Sold Out | 0 | $0.00 |
| Q2 2020 | +13,200 | New Buy | 13,200 | $38.26 |
| Q3 2020 | +41,406 | Add 313.68% | 54,606 | $40.78 |
| Q4 2020 | +25,290 | Add 46.31% | 79,896 | $59.23 |
| Q1 2021 | -62,670 | Reduce 78.44% | 17,226 | $53.70 |
| Q2 2021 | -17,226 | Sold Out | 0 | $0.00 |
| Q3 2022 | +21,312 | New Buy | 21,312 | $81.88 |
| Q4 2022 | +1,588 | Add 7.45% | 22,900 | $69.77 |
| Q1 2023 | -2,200 | Reduce 9.61% | 20,700 | $99.87 |
| Q1 2024 | -17,158 | Reduce 82.89% | 3,542 | $142.06 |
| Q2 2024 | -3,542 | Sold Out | 0 | $0.00 |
| Q4 2024 | +3,115 | New Buy | 3,115 | $181.96 |
| Q1 2025 | +845,118 | Add 27130.59% | 848,233 | $170.64 |
| Q2 2025 | +685,059 | Add 80.76% | 1.53 M | $204.64 |
| Q3 2025 | -1.44 M | Reduce 94.19% | 89,094 | $203.62 |
Ray Dalio's Palo Alto Networks Investment FAQs
Ray Dalio first purchased Palo Alto Networks, Inc. (PANW) in Q4 2019, acquiring 29,874 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Palo Alto Networks, Inc. (PANW) for 19 quarters since Q4 2019.
Ray Dalio's largest addition to Palo Alto Networks, Inc. (PANW) was in Q1 2025, adding 848,233 shares worth $144.74 M.
According to the latest 13F filing for Q3 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 89,094 shares of Palo Alto Networks, Inc. (PANW), valued at approximately $18.14 M.
As of the Q3 2025 filing, Palo Alto Networks, Inc. (PANW) represents approximately 0.07% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Palo Alto Networks, Inc. (PANW) was 1,533,292 shares, as reported at the end of Q2 2025.