Frank Sands's PANW Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 162,963 shares of Palo Alto Networks, Inc. (PANW) worth $30.02 M, representing 0.09% of the portfolio. First purchased in 2015-Q2, this long-term strategic position has been held for 22 quarters.
Based on 13F filings, Frank Sands has maintained a strategic position in PANW, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2016, adding 7.66 M shares. Largest reduction occurred in Q4 2019, reducing 7.8 M shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's Palo Alto Networks (PANW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Palo Alto Networks (PANW) Trades by Frank Sands
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -31,656 | Reduce 16.27% | 162,963 | $184.20 |
| Q3 2025 | +39,756 | Add 25.67% | 194,619 | $203.62 |
| Q2 2025 | +154,863 | New Buy | 154,863 | $204.64 |
| Q4 2019 | -7.8 M | Sold Out | 0 | $0.00 |
| Q3 2019 | -354,576 | Reduce 4.35% | 7.8 M | $33.97 |
| Q2 2019 | -184,560 | Reduce 2.21% | 8.16 M | $33.96 |
| Q1 2019 | -7.04 M | Reduce 45.77% | 8.34 M | $40.48 |
| Q4 2018 | -4.22 M | Reduce 21.54% | 15.38 M | $31.39 |
| Q3 2018 | -1.66 M | Reduce 7.80% | 19.61 M | $37.54 |
| Q2 2018 | -1.23 M | Reduce 5.48% | 21.27 M | $34.24 |
| Q1 2018 | -1.28 M | Reduce 5.37% | 22.5 M | $30.25 |
| Q4 2017 | +5.16 M | Add 27.72% | 23.78 M | $24.16 |
| Q3 2017 | -1.16 M | Reduce 5.85% | 18.61 M | $24.02 |
| Q2 2017 | -1.74 M | Reduce 8.10% | 19.77 M | $22.30 |
| Q1 2017 | -1.33 M | Reduce 5.81% | 21.51 M | $18.78 |
| Q4 2016 | -2.99 M | Reduce 11.57% | 22.84 M | $20.84 |
| Q3 2016 | -2.09 M | Reduce 7.49% | 25.83 M | $26.56 |
| Q2 2016 | +2.17 M | Add 8.41% | 27.92 M | $20.44 |
| Q1 2016 | +7.66 M | Add 42.30% | 25.76 M | $27.19 |
| Q4 2015 | -685,710 | Reduce 3.65% | 18.1 M | $29.36 |
| Q3 2015 | +4.88 M | Add 35.07% | 18.79 M | $28.67 |
| Q2 2015 | +13.91 M | New Buy | 13.91 M | $29.12 |
Frank Sands's Palo Alto Networks Investment FAQs
Frank Sands first purchased Palo Alto Networks, Inc. (PANW) in Q2 2015, acquiring 13,908,810 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held Palo Alto Networks, Inc. (PANW) for 22 quarters since Q2 2015.
Frank Sands's largest addition to Palo Alto Networks, Inc. (PANW) was in Q2 2015, adding 13,908,810 shares worth $404.98 M.
According to the latest 13F filing for Q4 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 162,963 shares of Palo Alto Networks, Inc. (PANW), valued at approximately $30.02 M.
As of the Q4 2025 filing, Palo Alto Networks, Inc. (PANW) represents approximately 0.09% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings.
Frank Sands's peak holding in Palo Alto Networks, Inc. (PANW) was 27,924,636 shares, as reported at the end of Q2 2016.