Does Two Sigma own PANW stock?

Yes. As of its Q4 2025 13F, Two Sigma holds 14,100 shares of PANW (Palo Alto Networks), worth $2.6M.

How many shares of PANW does Two Sigma own?

As of its Q4 2025 13F, Two Sigma holds 14,100 shares of PANW (Palo Alto Networks).

As of its Q4 2025 13F, Two Sigma's PANW position is worth $2.6M.

In Q4 2025, Two Sigma increased its PANW position by 5,188 shares (+58.2%).

Two Sigma already held PANW in its Q4 2018 13F, the earliest on record, and has listed it in 24 quarterly 13F filings.

Position history for TWO SIGMA ADVISERS, LP's holdings in Palo Alto Networks, Inc.

Current Value

$2.6M

Current Shares

14,100

Total Value Change

-$207.7M

Total Shares Change

-1.1M

Quarter-by-Quarter History

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q4 Latest	Increased	14,100	+58.2%	$2.6M	0.0%	$184.20	37
2025-Q3	Decreased	8,912	-95.8%	$1.8M	0.0%	$203.62	0
2025-Q2	Decreased	212,012	-72.8%	$43.4M	0.1%	$204.64	0
2025-Q1	Increased	780,412	+92.0%	$133.2M	0.3%	$170.64	57
2024-Q4	New	406,490	-	$74M	0.2%	$181.96	49
2023-Q4	Exited	0	-100.0%	$0	0.0%	$147.44	0
2023-Q3	Increased	1.2M	+4.5%	$280.7M	0.7%	$117.22	46
2023-Q2	Increased	1.1M	+15.6%	$292.6M	0.7%	$127.76	50
2023-Q1	Decreased	990,706	-54.9%	$197.9M	0.5%	$99.87	0
2022-Q4	Increased	2.2M	+21.2%	$306.7M	0.9%	$69.77	52
2022-Q3	Increased	1.8M	+408.6%	$297M	0.9%	$81.90	70
2022-Q2	Increased	356,602	+7.5%	$176.1M	0.5%	$82.32	39
2022-Q1	Decreased	331,802	-33.3%	$206.6M	0.5%	$103.75	0
2021-Q4	Decreased	497,302	-36.5%	$276.9M	0.7%	$92.79	0
2021-Q3	Increased	783,602	+13.8%	$375.3M	1.0%	$79.83	50
2021-Q2	Increased	688,702	+66.2%	$255.5M	0.7%	$61.84	64
2021-Q1	Increased	414,402	+6691.3%	$133.5M	0.4%	$53.68	58
2020-Q4	New	6,102	-	$2.2M	0.0%	$59.23	36
2020-Q3	Exited	0	-100.0%	$0	0.0%	$40.79	0
2020-Q2	Increased	179,786	+67.3%	$41.3M	0.1%	$38.28	51
2020-Q1	Decreased	107,486	-82.3%	$17.6M	0.1%	$27.33	0
2019-Q4	Increased	608,786	+480.4%	$140.8M	0.3%	$38.54	58
2019-Q3	Decreased	104,883	-77.9%	$21.4M	0.1%	$33.97	0
2019-Q2	Decreased	474,185	-58.3%	$96.6M	0.2%	$33.96	0
2019-Q1	Increased	1.1M	+1.8%	$275.9M	0.7%	$40.48	44
2018-Q4	First report	1.1M	-	$210.3M	0.6%	$31.39	0