Renaissance Technologies's PANW Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 908,500 shares of Palo Alto Networks, Inc. (PANW) worth $167.35 M, representing 0.26% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 46 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +840,000 | Add 1226.28% | 908,500 | $184.20 |
| Q3 2025 | -15,300 | Reduce 18.26% | 68,500 | $203.62 |
| Q2 2025 | +83,800 | New Buy | 83,800 | $204.64 |
| Q1 2025 | -683,552 | Sold Out | 0 | $0.00 |
| Q4 2024 | +180,552 | Add 35.90% | 683,552 | $181.96 |
| Q3 2024 | +393,800 | Add 360.62% | 503,000 | $170.90 |
| Q2 2024 | +22,000 | Add 25.23% | 109,200 | $169.50 |
| Q1 2024 | -724,200 | Reduce 89.25% | 87,200 | $142.06 |
| Q4 2023 | +481,200 | Add 145.73% | 811,400 | $147.44 |
| Q3 2023 | +312,600 | Add 1776.14% | 330,200 | $117.22 |
| Q2 2023 | -172,800 | Reduce 90.76% | 17,600 | $0.13 |
| Q1 2023 | -1.93 M | Reduce 91.04% | 190,400 | $0.10 |
| Q4 2022 | +2.12 M | New Buy | 2.12 M | $0.07 |
| Q1 2022 | -593,160 | Sold Out | 0 | $0.00 |
| Q4 2021 | -1.53 M | Reduce 72.09% | 593,160 | $92.79 |
| Q3 2021 | -3.51 M | Reduce 62.28% | 2.13 M | $79.83 |
| Q2 2021 | -6.74 M | Reduce 54.48% | 5.64 M | $61.84 |
| Q1 2021 | -5.94 M | Reduce 32.42% | 12.38 M | $53.68 |
| Q4 2020 | -5.26 M | Reduce 22.29% | 18.32 M | $59.23 |
| Q3 2020 | -6.37 M | Reduce 21.27% | 23.57 M | $40.79 |
| Q2 2020 | -2.57 M | Reduce 7.92% | 29.94 M | $38.28 |
| Q1 2020 | -1.46 M | Reduce 4.29% | 32.52 M | $27.33 |
| Q4 2019 | -1.11 M | Reduce 3.18% | 33.97 M | $38.54 |
| Q3 2019 | +4.64 M | Add 15.25% | 35.09 M | $33.97 |
| Q2 2019 | +3.54 M | Add 13.16% | 30.45 M | $33.96 |
| Q1 2019 | +1.08 M | Add 4.17% | 26.9 M | $40.48 |
| Q4 2018 | -2.08 M | Reduce 7.46% | 25.83 M | $31.39 |
| Q3 2018 | +5.55 M | Add 24.84% | 27.91 M | $37.54 |
| Q2 2018 | -4.32 M | Reduce 16.20% | 22.35 M | $34.25 |
| Q1 2018 | +402,000 | Add 1.53% | 26.68 M | $30.25 |
| Q4 2017 | +4.09 M | Add 18.42% | 26.27 M | $24.16 |
| Q3 2017 | +9.3 M | Add 72.21% | 22.19 M | $24.02 |
| Q2 2017 | -33,000 | Reduce 0.26% | 12.88 M | $22.30 |
| Q1 2017 | +1.85 M | Add 16.68% | 12.92 M | $18.78 |
| Q4 2016 | +2.18 M | Add 24.49% | 11.07 M | $20.84 |
| Q3 2016 | +2.09 M | Add 30.80% | 8.89 M | $26.56 |
| Q2 2016 | +1.21 M | Add 21.67% | 6.8 M | $20.44 |
| Q1 2016 | -2.55 M | Reduce 31.37% | 5.59 M | $27.19 |
| Q4 2015 | +4.36 M | Add 115.36% | 8.14 M | $29.36 |
| Q3 2015 | +3.16 M | Add 505.87% | 3.78 M | $28.67 |
| Q2 2015 | +624,000 | New Buy | 624,000 | $29.12 |
| Q4 2014 | -2.28 M | Sold Out | 0 | $0.00 |
| Q3 2014 | +942,000 | Add 70.44% | 2.28 M | $16.35 |
| Q2 2014 | -832,500 | Reduce 38.37% | 1.34 M | $13.97 |
| Q1 2014 | +2.13 M | Add 5828.69% | 2.17 M | $11.43 |
| Q4 2013 | +36,600 | New Buy | 36,600 | $9.59 |
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 46 quarters since Q4 2013.
Renaissance Technologies's largest addition to Palo Alto Networks, Inc. (PANW) was in Q3 2017, adding 22,187,400 shares worth $532.87 M.
According to the latest 13F filing for Q4 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 908,500 shares of Palo Alto Networks, Inc. (PANW), valued at approximately $167.35 M.
As of the Q4 2025 filing, Palo Alto Networks, Inc. (PANW) represents approximately 0.26% of Renaissance Technologies's publicly disclosed stock portfolio, making it one of their key holdings.
Renaissance Technologies's peak holding in Palo Alto Networks, Inc. (PANW) was 35,088,900 shares, as reported at the end of Q3 2019.