Renaissance Technologies's PANW Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 68,500 shares of Palo Alto Networks, Inc. (PANW) worth $13.95 M, representing 0.02% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Renaissance Technologies has maintained a long-term strategic position in PANW, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2017, adding 9.3 M shares. Largest reduction occurred in Q2 2021, reducing 6.74 M shares.
Analysis based on 13F filings available since 2013 Q2
Renaissance Technologies's Palo Alto Networks (PANW) Holding Value Over Time
Track share changes against reported price movement
Quarterly Palo Alto Networks (PANW) Trades by Renaissance Technologies
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2013 | +36,600 | New Buy | 36,600 | $9.59 |
| Q1 2014 | +2.13 M | Add 5828.69% | 2.17 M | $11.43 |
| Q2 2014 | -832,500 | Reduce 38.37% | 1.34 M | $13.97 |
| Q3 2014 | +942,000 | Add 70.44% | 2.28 M | $16.35 |
| Q4 2014 | -2.28 M | Sold Out | 2.28 M | $0.00 |
| Q2 2015 | +624,000 | New Buy | 624,000 | $29.12 |
| Q3 2015 | +3.16 M | Add 505.87% | 3.78 M | $28.67 |
| Q4 2015 | +4.36 M | Add 115.36% | 8.14 M | $29.36 |
| Q1 2016 | -2.55 M | Reduce 31.37% | 5.59 M | $27.19 |
| Q2 2016 | +1.21 M | Add 21.67% | 6.8 M | $20.44 |
| Q3 2016 | +2.09 M | Add 30.80% | 8.89 M | $26.56 |
| Q4 2016 | +2.18 M | Add 24.49% | 11.07 M | $20.84 |
| Q1 2017 | +1.85 M | Add 16.68% | 12.92 M | $18.78 |
| Q2 2017 | -33,000 | Reduce 0.26% | 12.88 M | $22.30 |
| Q3 2017 | +9.3 M | Add 72.21% | 22.19 M | $24.02 |
| Q4 2017 | +4.09 M | Add 18.42% | 26.27 M | $24.16 |
| Q1 2018 | +402,000 | Add 1.53% | 26.68 M | $30.25 |
| Q2 2018 | -4.32 M | Reduce 16.20% | 22.35 M | $34.25 |
| Q3 2018 | +5.55 M | Add 24.84% | 27.91 M | $37.54 |
| Q4 2018 | -2.08 M | Reduce 7.46% | 25.83 M | $31.39 |
| Q1 2019 | +1.08 M | Add 4.17% | 26.9 M | $40.48 |
| Q2 2019 | +3.54 M | Add 13.16% | 30.45 M | $33.96 |
| Q3 2019 | +4.64 M | Add 15.25% | 35.09 M | $33.97 |
| Q4 2019 | -1.11 M | Reduce 3.18% | 33.97 M | $38.54 |
| Q1 2020 | -1.46 M | Reduce 4.29% | 32.52 M | $27.33 |
| Q2 2020 | -2.57 M | Reduce 7.92% | 29.94 M | $38.28 |
| Q3 2020 | -6.37 M | Reduce 21.27% | 23.57 M | $40.79 |
| Q4 2020 | -5.26 M | Reduce 22.29% | 18.32 M | $59.23 |
| Q1 2021 | -5.94 M | Reduce 32.42% | 12.38 M | $53.68 |
| Q2 2021 | -6.74 M | Reduce 54.48% | 5.64 M | $61.84 |
| Q3 2021 | -3.51 M | Reduce 62.28% | 2.13 M | $79.83 |
| Q4 2021 | -1.53 M | Reduce 72.09% | 593,160 | $92.79 |
| Q1 2022 | -593,160 | Sold Out | 593,160 | $0.00 |
| Q4 2022 | +2.12 M | New Buy | 2.12 M | $0.07 |
| Q1 2023 | -1.93 M | Reduce 91.04% | 190,400 | $0.10 |
| Q2 2023 | -172,800 | Reduce 90.76% | 17,600 | $0.13 |
| Q3 2023 | +312,600 | Add 1776.14% | 330,200 | $117.22 |
| Q4 2023 | +481,200 | Add 145.73% | 811,400 | $147.44 |
| Q1 2024 | -724,200 | Reduce 89.25% | 87,200 | $142.06 |
| Q2 2024 | +22,000 | Add 25.23% | 109,200 | $169.50 |
| Q3 2024 | +393,800 | Add 360.62% | 503,000 | $170.90 |
| Q4 2024 | +180,552 | Add 35.90% | 683,552 | $181.96 |
| Q1 2025 | -683,552 | Sold Out | 683,552 | $0.00 |
| Q2 2025 | +83,800 | New Buy | 83,800 | $204.64 |
| Q3 2025 | -15,300 | Reduce 18.26% | 68,500 | $203.62 |
Renaissance Technologies's Palo Alto Networks Investment FAQs
Renaissance Technologies first purchased Palo Alto Networks, Inc. (PANW) in Q4 2013, acquiring 36,600 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies has held Palo Alto Networks, Inc. (PANW) for 48 quarters since Q4 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies's largest addition to Palo Alto Networks, Inc. (PANW) was in Q3 2017, adding 22,187,400 shares worth $532.87 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 68,500 shares of Palo Alto Networks, Inc. (PANW), valued at approximately $13.95 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 0.02% of Renaissance Technologies'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.
Renaissance Technologies's peak holding in Palo Alto Networks, Inc. (PANW) was 35,088,900 shares, as reported at the end of Q3 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.