CADIAN CAPITAL MANAGEMENT, LP: PALO ALTO NETWORKS INC (PANW): Quarterly 13F Position History
As of Q1 2026, CADIAN CAPITAL MANAGEMENT, LP reported 274,500 shares of PALO ALTO NETWORKS INC (PANW), worth $44.0M and representing 5.4% of its 13F equity book. Quarter-over-quarter share count change: + 274,500 (re-initiated) . The position first appeared in Q3 2016 and has been disclosed across 39 13F-HR filings in Pactolio's tracked window.
- 274,500Shares Held (Latest Filing)
- $44.0MReported Market Value (Latest Filing)
- 5.4%Portfolio Weight (% of 13F Equity Book)
- +274,500Quarter-over-Quarter Share Change
- +$44.0MQuarter-over-Quarter Value Change
- 1,515,866Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 39 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 274,500 | +274,500 | — | $44.0M | 5.4% | $160.3 |
| Q4 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2024 | 0 | 59,000 | -100.0% | $0 | 0.0% | — |
| Q1 2024 | 59,000 | 211,716 | -78.2% | $16.8M | 0.6% | $284.1 |
| Q4 2023 | 270,716 | 933,960 | -77.5% | $79.8M | 3.2% | $294.9 |
| Q3 2023 | 1,204,676 | +253,500 | +26.7% | $282.4M | 11.4% | $234.4 |
| Q2 2023 | 951,176 | 327,100 | -25.6% | $243.0M | 11.5% | $255.5 |
| Q1 2023 | 1,278,276 | +193,300 | +17.8% | $255.3M | 15.9% | $199.7 |
| Q4 2022 | 1,084,976 | 430,890 | -28.4% | $151.4M | 11.0% | $139.5 |
| Q3 2022 | 1,515,866 | +962,366 | +173.9% | $248.3M | 14.5% | $163.8 |
| Q2 2022 | 553,500 | +1,847 | +0.3% | $273.4M | 18.5% | $493.9 |
| Q1 2022 | 551,653 | +237,500 | +75.6% | $343.4M | 17.1% | $622.5 |
| Q4 2021 | 314,153 | 257,032 | -45.0% | $174.9M | 9.6% | $556.8 |
| Q3 2021 | 571,185 | 166,711 | -22.6% | $273.6M | 10.3% | $479.0 |
| Q2 2021 | 737,896 | +3,972 | +0.5% | $273.8M | 12.2% | $371.0 |
| Q1 2021 | 733,924 | +98,924 | +15.6% | $236.4M | 8.7% | $322.1 |
| Q4 2020 | 635,000 | +592,000 | +1376.7% | $225.7M | 5.8% | $355.4 |
| Q3 2020 | 43,000 | +43,000 | — | $10.5M | 0.3% | $244.7 |
| Q2 2020 | 0 | 433,040 | -100.0% | $0 | 0.0% | — |
| Q1 2020 | 433,040 | 262,226 | -37.7% | $71.0M | 3.5% | $164.0 |
| Q4 2019 | 695,266 | 577,550 | -45.4% | $160.8M | 7.1% | $231.2 |
| Q3 2019 | 1,272,816 | 45,500 | -3.5% | $259.4M | 12.3% | $203.8 |
| Q2 2019 | 1,318,316 | +389,383 | +41.9% | $268.6M | 12.1% | $203.8 |
| Q1 2019 | 928,933 | 76,104 | -7.6% | $225.6M | 8.8% | $242.9 |
| Q4 2018 | 1,005,037 | +272,678 | +37.2% | $189.3M | 8.8% | $188.4 |
| Q3 2018 | 732,359 | 176,331 | -19.4% | $165.0M | 7.5% | $225.3 |
| Q2 2018 | 908,690 | 13,451 | -1.5% | $186.7M | 9.0% | $205.5 |
| Q1 2018 | 922,141 | 287,000 | -23.7% | $167.4M | 9.0% | $181.5 |
| Q4 2017 | 1,209,141 | 75,199 | -5.9% | $175.3M | 10.7% | $144.9 |
| Q3 2017 | 1,284,340 | 176,778 | -12.1% | $185.1M | 8.7% | $144.1 |
| Q2 2017 | 1,461,118 | 18,818 | -1.3% | $195.5M | 9.5% | $133.8 |
| Q1 2017 | 1,479,936 | +756,936 | +104.7% | $166.8M | 8.0% | $112.7 |
| Q4 2016 | 723,000 | +633,000 | +703.3% | $90.4M | 4.8% | $125.0 |
| Q3 2016 | 90,000 | — | — | $14.3M | 0.8% | $159.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did CADIAN CAPITAL MANAGEMENT, LP first disclose a PANW position in 13F-HR filings?
CADIAN CAPITAL MANAGEMENT, LP first reported PALO ALTO NETWORKS INC (PANW) on its 13F-HR filing for the period ending 2016-09-30 (Q3 2016). The position has appeared on 39 reported quarters within Pactolio's tracked window.
What was CADIAN CAPITAL MANAGEMENT, LP's most recent quarter-over-quarter share-count change in PANW?
Between Q4 2025 and Q1 2026, CADIAN CAPITAL MANAGEMENT, LP added 274,500 shares of PANW (re-initiated), bringing the total reported position to 274,500 shares at a market value of $44.0M.
Does the implied price-per-share represent CADIAN CAPITAL MANAGEMENT, LP's cost basis in PANW?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.