Mirae Asset Global Investments Boosts Palo Alto Networks Stake

Firm increases holdings in cybersecurity leader by nearly 16% in Q4

Apr. 17, 2026 at 11:20am

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A close-up view of the intricate internal components and circuitry of a Palo Alto Networks security appliance, conveying a sense of the complex, powerful technology that powers the company's cybersecurity solutions.Mirae Asset's increased investment in Palo Alto Networks reflects the firm's confidence in the cybersecurity leader's robust technology and growth potential.Santa Clara Today

Mirae Asset Global Investments Co. Ltd. raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 15.9% in the fourth quarter, according to a recent SEC filing. The fund now owns 436,407 shares of the network technology company's stock, worth approximately $80.4 million.

Why it matters

Palo Alto Networks is a leading cybersecurity firm, providing next-generation firewalls and cloud-based security services to enterprises. Institutional investors closely watch changes in major shareholders' positions as an indicator of the company's performance and future prospects.

The details

Mirae Asset Global Investments, a major South Korean asset management firm, increased its holdings in Palo Alto Networks by adding 59,888 shares during the fourth quarter. This brings the firm's total stake in the cybersecurity company to about 0.06% of shares outstanding.

  • Mirae Asset Global Investments filed the 13F report disclosing the stake increase on April 17, 2026.
  • The share purchase occurred in the fourth quarter of 2025.

The players

Mirae Asset Global Investments Co. Ltd.

A major South Korean asset management firm that invests in global equities, including technology and cybersecurity stocks.

Palo Alto Networks, Inc.

A leading cybersecurity company that provides next-generation firewalls, cloud-based security services, and other enterprise security solutions.

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The takeaway

Mirae Asset's increased stake in Palo Alto Networks signals the firm's confidence in the cybersecurity company's long-term growth potential, as enterprises continue to invest in robust security solutions to protect against evolving cyber threats.