PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2025

Shares 26,484 Value ($000) $4,878 Avg Close $201.75 Range $180.05 - $223.61

Q3 2025

Shares 68,195 Value ($000) $13,886 Avg Close $191.42 Range $165.21 - $210.39

Q2 2025

Shares 164,184 Value ($000) $33,599 Avg Close $185.70 Range $144.15 - $206.74

Q1 2025

Shares 207,513 Value ($000) $35,410 Avg Close $184.92 Range $165.88 - $208.39

Q4 2024

Shares 466,300 Value ($000) $84,848 Avg Close $188.91 Range $164.13 - $207.24

Q3 2024

Shares 204,819 Value ($000) $70,007 Avg Close $168.32 Range $142.01 - $187.69

Q2 2021

Shares 12,128 Value ($000) $4,500,094 Avg Close $59.25 Range $53.70 - $64.45

Q2 2019

Shares 3,869 Value ($000) $788 Avg Close $37.41 Range $32.45 - $41.82

Q1 2019

Shares 8,668 Value ($000) $2,105 Avg Close $37.09 Range $29.80 - $43.44

Q4 2018

Shares 26,587 Value ($000) $5,008 Avg Close $31.18 Range $26.68 - $38.18

Q3 2018

Shares 46,307 Value ($000) $10,431 Avg Close $36.40 Range $32.27 - $39.92

Q2 2018

Shares 113,555 Value ($000) $23,332 Avg Close $33.34 Range $29.60 - $36.23

Q1 2018

Shares 41,732 Value ($000) $7,575 Avg Close $27.78 Range $24.18 - $31.92

Q3 2017

Shares 25,176 Value ($000) $3,628 Avg Close $22.77 Range $21.09 - $24.79

Q2 2017

Shares 193,776 Value ($000) $25,929 Avg Close $20.20 Range $17.89 - $23.55

Q1 2017

Shares 191,021 Value ($000) $21,524 Avg Close $22.36 Range $18.34 - $26.27

Q4 2016

Shares 4,691 Value ($000) $587 Avg Close $23.96 Range $20.59 - $27.61

Q3 2016

Shares 12,878 Value ($000) $2,052 Avg Close $22.79 Range $19.50 - $26.67

Q2 2016

Shares 14,512 Value ($000) $1,780 Avg Close $23.16 Range $19.11 - $27.29

Q1 2016

Shares 9,290 Value ($000) $1,516 Avg Close $24.59 Range $18.52 - $28.96

Q4 2015

Shares 154,210 Value ($000) $27,163 Avg Close $28.85 Range $25.04 - $32.45

Q3 2015

Shares 31,757 Value ($000) $5,462 Avg Close $29.50 Range $23.40 - $33.42

Q2 2015

Shares 3,800 Value ($000) $664 Avg Close $26.69 Range $23.26 - $30.83

Q1 2015

Shares 3,000 Value ($000) $438 Avg Close $22.39 Range $19.60 - $25.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	26,484	$4,878	$201.75	$180.05 - $223.61
Q3 2025	68,195	$13,886	$191.42	$165.21 - $210.39
Q2 2025	164,184	$33,599	$185.70	$144.15 - $206.74
Q1 2025	207,513	$35,410	$184.92	$165.88 - $208.39
Q4 2024	466,300	$84,848	$188.91	$164.13 - $207.24
Q3 2024	204,819	$70,007	$168.32	$142.01 - $187.69
Q2 2021	12,128	$4,500,094	$59.25	$53.70 - $64.45
Q2 2019	3,869	$788	$37.41	$32.45 - $41.82
Q1 2019	8,668	$2,105	$37.09	$29.80 - $43.44
Q4 2018	26,587	$5,008	$31.18	$26.68 - $38.18
Q3 2018	46,307	$10,431	$36.40	$32.27 - $39.92
Q2 2018	113,555	$23,332	$33.34	$29.60 - $36.23
Q1 2018	41,732	$7,575	$27.78	$24.18 - $31.92
Q3 2017	25,176	$3,628	$22.77	$21.09 - $24.79
Q2 2017	193,776	$25,929	$20.20	$17.89 - $23.55
Q1 2017	191,021	$21,524	$22.36	$18.34 - $26.27
Q4 2016	4,691	$587	$23.96	$20.59 - $27.61
Q3 2016	12,878	$2,052	$22.79	$19.50 - $26.67
Q2 2016	14,512	$1,780	$23.16	$19.11 - $27.29
Q1 2016	9,290	$1,516	$24.59	$18.52 - $28.96
Q4 2015	154,210	$27,163	$28.85	$25.04 - $32.45
Q3 2015	31,757	$5,462	$29.50	$23.40 - $33.42
Q2 2015	3,800	$664	$26.69	$23.26 - $30.83
Q1 2015	3,000	$438	$22.39	$19.60 - $25.07