PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM's Holding History (CIK: 0000919079)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,707,142 Value ($000) $314,456 Avg Close $201.75 Range $180.05 - $223.61

Q3 2025

Shares 1,877,928 Value ($000) $382,384 Avg Close $191.42 Range $165.21 - $210.39

Q2 2025

Shares 2,104,939 Value ($000) $430,755 Avg Close $185.70 Range $144.15 - $206.74

Q1 2025

Shares 1,063,794 Value ($000) $181,526 Avg Close $184.92 Range $165.88 - $208.39

Q4 2024

Shares 1,087,682 Value ($000) $197,915 Avg Close $188.91 Range $164.13 - $207.24

Q3 2024

Shares 552,558 Value ($000) $188,864 Avg Close $168.32 Range $142.01 - $187.69

Q2 2024

Shares 561,839 Value ($000) $190,469 Avg Close $149.57 Range $132.50 - $172.95

Q1 2024

Shares 557,281 Value ($000) $158,340 Avg Close $157.74 Range $130.04 - $190.42

Q4 2023

Shares 564,987 Value ($000) $166,603 Avg Close $133.70 Range $115.05 - $159.00

Q3 2023

Shares 564,454 Value ($000) $132,331 Avg Close $118.33 Range $100.58 - $129.44

Q2 2023

Shares 545,451 Value ($000) $139,368 Avg Close $104.05 Range $88.15 - $128.41

Q1 2023

Shares 579,845 Value ($000) $115,818 Avg Close $84.74 Range $66.11 - $100.15

Q4 2022

Shares 679,614 Value ($000) $94,833 Avg Close $80.29 Range $68.37 - $89.50

Q3 2022

Shares 711,521 Value ($000) $116,540 Avg Close $86.60 Range $77.20 - $96.47

Q2 2022

Shares 216,315 Value ($000) $106,847 Avg Close $88.67 Range $70.26 - $106.82

Q1 2022

Shares 237,822 Value ($000) $148,047 Avg Close $89.50 Range $75.96 - $105.98

Q4 2021

Shares 246,947 Value ($000) $137,490 Avg Close $86.50 Range $77.19 - $95.44

Q3 2021

Shares 256,182 Value ($000) $122,711 Avg Close $70.26 Range $59.73 - $82.65

Q2 2021

Shares 254,374 Value ($000) $94,385 Avg Close $59.25 Range $53.70 - $64.45

Q1 2021

Shares 259,853 Value ($000) $83,688 Avg Close $59.44 Range $51.93 - $67.17

Q4 2020

Shares 260,926 Value ($000) $92,730 Avg Close $46.72 Range $36.56 - $62.50

Q3 2020

Shares 255,655 Value ($000) $62,572 Avg Close $41.60 Range $37.86 - $45.84

Q2 2020

Shares 266,200 Value ($000) $61,138 Avg Close $35.23 Range $26.33 - $40.52

Q1 2020

Shares 256,881 Value ($000) $42,118 Avg Close $34.91 Range $20.91 - $41.85

Q4 2019

Shares 265,238 Value ($000) $61,336 Avg Close $37.82 Range $33.75 - $41.83

Q3 2019

Shares 240,746 Value ($000) $49,071 Avg Close $35.39 Range $32.03 - $38.32

Q2 2019

Shares 192,323 Value ($000) $39,188 Avg Close $37.41 Range $32.45 - $41.82

Q1 2019

Shares 183,158 Value ($000) $44,485 Avg Close $37.09 Range $29.80 - $43.44

Q4 2018

Shares 443,986 Value ($000) $83,625 Avg Close $31.18 Range $26.68 - $38.18

Q3 2018

Shares 304,619 Value ($000) $68,618 Avg Close $36.40 Range $32.27 - $39.92

Q2 2018

Shares 205,852 Value ($000) $42,296 Avg Close $33.34 Range $29.60 - $36.23

Q1 2018

Shares 172,321 Value ($000) $31,280 Avg Close $27.78 Range $24.18 - $31.92

Q4 2017

Shares 191,053 Value ($000) $27,691 Avg Close $24.33 Range $22.64 - $26.14

Q3 2017

Shares 165,400 Value ($000) $23,834 Avg Close $22.77 Range $21.09 - $24.79

Q2 2017

Shares 162,800 Value ($000) $21,784 Avg Close $20.20 Range $17.89 - $23.55

Q1 2017

Shares 144,400 Value ($000) $16,271 Avg Close $22.36 Range $18.34 - $26.27

Q4 2016

Shares 150,700 Value ($000) $18,845 Avg Close $23.96 Range $20.59 - $27.61

Q3 2016

Shares 163,200 Value ($000) $26,003 Avg Close $22.79 Range $19.50 - $26.67

Q2 2016

Shares 162,200 Value ($000) $19,892 Avg Close $23.16 Range $19.11 - $27.29

Q1 2016

Shares 179,600 Value ($000) $29,300 Avg Close $24.59 Range $18.52 - $28.96

Q4 2015

Shares 118,400 Value ($000) $20,855 Avg Close $28.85 Range $25.04 - $32.45

Q3 2015

Shares 116,000 Value ($000) $19,952 Avg Close $29.50 Range $23.40 - $33.42

Q2 2015

Shares 116,300 Value ($000) $20,318 Avg Close $26.69 Range $23.26 - $30.83

Q1 2015

Shares 82,945 Value ($000) $10,451 Avg Close $22.39 Range $19.60 - $25.07

Q4 2014

Shares 82,945 Value ($000) $10,451 Avg Close $18.43 Range $14.64 - $21.37

Q3 2014

Shares 134,534 Value ($000) $13,198 Avg Close $14.35 Range $12.19 - $17.07

Q2 2014

Shares 112,639 Value ($000) $9,445 Avg Close $11.67 Range $9.58 - $14.30

Q1 2014

Shares 105,100 Value ($000) $6,672 Avg Close $11.35 Range $9.12 - $13.47

Q4 2013

Shares 95,000 Value ($000) $5,339 Avg Close $7.92 Range $6.73 - $9.65

Q3 2013

Shares 8,900 Value ($000) $408 Avg Close $7.89 Range $6.82 - $8.48

Q2 2013

Shares 11,987 Value ($000) $505 Avg Close $8.33 Range $6.51 - $9.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,707,142	$314,456	$201.75	$180.05 - $223.61
Q3 2025	1,877,928	$382,384	$191.42	$165.21 - $210.39
Q2 2025	2,104,939	$430,755	$185.70	$144.15 - $206.74
Q1 2025	1,063,794	$181,526	$184.92	$165.88 - $208.39
Q4 2024	1,087,682	$197,915	$188.91	$164.13 - $207.24
Q3 2024	552,558	$188,864	$168.32	$142.01 - $187.69
Q2 2024	561,839	$190,469	$149.57	$132.50 - $172.95
Q1 2024	557,281	$158,340	$157.74	$130.04 - $190.42
Q4 2023	564,987	$166,603	$133.70	$115.05 - $159.00
Q3 2023	564,454	$132,331	$118.33	$100.58 - $129.44
Q2 2023	545,451	$139,368	$104.05	$88.15 - $128.41
Q1 2023	579,845	$115,818	$84.74	$66.11 - $100.15
Q4 2022	679,614	$94,833	$80.29	$68.37 - $89.50
Q3 2022	711,521	$116,540	$86.60	$77.20 - $96.47
Q2 2022	216,315	$106,847	$88.67	$70.26 - $106.82
Q1 2022	237,822	$148,047	$89.50	$75.96 - $105.98
Q4 2021	246,947	$137,490	$86.50	$77.19 - $95.44
Q3 2021	256,182	$122,711	$70.26	$59.73 - $82.65
Q2 2021	254,374	$94,385	$59.25	$53.70 - $64.45
Q1 2021	259,853	$83,688	$59.44	$51.93 - $67.17
Q4 2020	260,926	$92,730	$46.72	$36.56 - $62.50
Q3 2020	255,655	$62,572	$41.60	$37.86 - $45.84
Q2 2020	266,200	$61,138	$35.23	$26.33 - $40.52
Q1 2020	256,881	$42,118	$34.91	$20.91 - $41.85
Q4 2019	265,238	$61,336	$37.82	$33.75 - $41.83
Q3 2019	240,746	$49,071	$35.39	$32.03 - $38.32
Q2 2019	192,323	$39,188	$37.41	$32.45 - $41.82
Q1 2019	183,158	$44,485	$37.09	$29.80 - $43.44
Q4 2018	443,986	$83,625	$31.18	$26.68 - $38.18
Q3 2018	304,619	$68,618	$36.40	$32.27 - $39.92
Q2 2018	205,852	$42,296	$33.34	$29.60 - $36.23
Q1 2018	172,321	$31,280	$27.78	$24.18 - $31.92
Q4 2017	191,053	$27,691	$24.33	$22.64 - $26.14
Q3 2017	165,400	$23,834	$22.77	$21.09 - $24.79
Q2 2017	162,800	$21,784	$20.20	$17.89 - $23.55
Q1 2017	144,400	$16,271	$22.36	$18.34 - $26.27
Q4 2016	150,700	$18,845	$23.96	$20.59 - $27.61
Q3 2016	163,200	$26,003	$22.79	$19.50 - $26.67
Q2 2016	162,200	$19,892	$23.16	$19.11 - $27.29
Q1 2016	179,600	$29,300	$24.59	$18.52 - $28.96
Q4 2015	118,400	$20,855	$28.85	$25.04 - $32.45
Q3 2015	116,000	$19,952	$29.50	$23.40 - $33.42
Q2 2015	116,300	$20,318	$26.69	$23.26 - $30.83
Q1 2015	82,945	$10,451	$22.39	$19.60 - $25.07
Q4 2014	82,945	$10,451	$18.43	$14.64 - $21.37
Q3 2014	134,534	$13,198	$14.35	$12.19 - $17.07
Q2 2014	112,639	$9,445	$11.67	$9.58 - $14.30
Q1 2014	105,100	$6,672	$11.35	$9.12 - $13.47
Q4 2013	95,000	$5,339	$7.92	$6.73 - $9.65
Q3 2013	8,900	$408	$7.89	$6.82 - $8.48
Q2 2013	11,987	$505	$8.33	$6.51 - $9.43