STATE STREET CORP Initiates New Position in Palo Alto Networks, Inc. (PANW)
STATE STREET CORP, a registered investment adviser, initiated a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during Q2 2026, according to its most recent 13F filing with…
Palo Alto Networks, Inc. (NASDAQ:PANW) · new position
Institution
STATE STREET CORP
Institution type
investment_adviser
Reporting period
Q2 2026
Shares
36,979,497
Position value
$12.6B
Position change
100%
At a glance
Key takeaways
01State Street Corp purchased 36,979,497 shares of Palo Alto Networks valued at approximately $12.6 billion during Q2 2026.
02Palo Alto Networks stock trades at $430.96 with a market capitalization of $127.3 billion as of the filing date.
0313F filings reflect holdings as of quarter-end and are filed up to 45 days later, so positions may have changed since disclosure.
04Large institutional positions can influence trading dynamics and are tracked by investors monitoring smart money flows.
Filing Details
STATE STREET CORP, a registered investment adviser, initiated a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during Q2 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 36,979,497 shares of the Technology company, valued at approximately $12.6B as of the filing date.
Market Context
Palo Alto Networks, Inc.'s stock currently trades at $430.96 with a market capitalization of $127.3B.
A new institutional position can signal growing confidence in a company's prospects. When large asset managers like STATE STREET CORP establish stakes, it often reflects months of due diligence and a conviction that the stock is undervalued or poised for growth. Retail investors often track 13F filings to identify stocks that institutional money is moving into.
The technology sector has seen significant institutional rotation in recent quarters as investors weigh AI-driven growth against elevated valuations. Palo Alto Networks, Inc.'s position within the sector makes institutional activity particularly noteworthy.
The size of this position — $12.61 billion — places it among the more significant institutional holdings in Palo Alto Networks, Inc. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like STATE STREET CORP position their portfolios.