Frank Sands's PANW Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 194,619 shares of Palo Alto Networks, Inc. (PANW) worth $39.63 M, representing 0.11% of the portfolio. First purchased in 2015-Q2, this long-term strategic position has been held for 42 quarters.
Based on 13F filings since 2013, Frank Sands has maintained a long-term strategic position in PANW, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2016, adding 7.66 M shares. Largest reduction occurred in Q2 2025, reducing 7.65 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2015 | +13.91 M | New Buy | 13.91 M | $29.12 |
| Q3 2015 | +4.88 M | Add 35.07% | 18.79 M | $28.67 |
| Q4 2015 | -685,710 | Reduce 3.65% | 18.1 M | $29.36 |
| Q1 2016 | +7.66 M | Add 42.30% | 25.76 M | $27.19 |
| Q2 2016 | +2.17 M | Add 8.41% | 27.92 M | $20.44 |
| Q3 2016 | -2.09 M | Reduce 7.49% | 25.83 M | $26.56 |
| Q4 2016 | -2.99 M | Reduce 11.57% | 22.84 M | $20.84 |
| Q1 2017 | -1.33 M | Reduce 5.81% | 21.51 M | $18.78 |
| Q2 2017 | -1.74 M | Reduce 8.10% | 19.77 M | $22.30 |
| Q3 2017 | -1.16 M | Reduce 5.85% | 18.61 M | $24.02 |
| Q4 2017 | +5.16 M | Add 27.72% | 23.78 M | $24.16 |
| Q1 2018 | -1.28 M | Reduce 5.37% | 22.5 M | $30.25 |
| Q2 2018 | -1.23 M | Reduce 5.48% | 21.27 M | $34.24 |
| Q3 2018 | -1.66 M | Reduce 7.80% | 19.61 M | $37.54 |
| Q4 2018 | -4.22 M | Reduce 21.54% | 15.38 M | $31.39 |
| Q1 2019 | -7.04 M | Reduce 45.77% | 8.34 M | $40.48 |
| Q2 2019 | -184,560 | Reduce 2.21% | 8.16 M | $33.96 |
| Q3 2019 | -354,576 | Reduce 4.35% | 7.8 M | $33.97 |
| Q4 2019 | -7.8 M | Sold Out | 7.8 M | $0.00 |
| Q2 2025 | +154,863 | New Buy | 154,863 | $204.64 |
| Q3 2025 | +39,756 | Add 25.67% | 194,619 | $203.62 |
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 42 quarters since Q2 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands's largest addition to Palo Alto Networks, Inc. (PANW) was in Q2 2015, adding 13,908,810 shares worth $404.98 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 194,619 shares of Palo Alto Networks, Inc. (PANW), valued at approximately $39.63 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Palo Alto Networks, Inc. (PANW) represents approximately 0.11% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands's peak holding in Palo Alto Networks, Inc. (PANW) was 27,924,636 shares, as reported at the end of Q2 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.