As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Palo Alto Networks: Jane Street Group LLC, Goldman Sachs Group Inc., Parallax Volatility Advisers L.P., Millennium Management LLC, Ardsley Advisory Partners LP, CMT Capital Markets Trading GmbH, Capital Markets Trading UK LLP, Cubist Systematic Strategies LLC, Royal Bank of Canada, Caption Management LLC, Nomura Holdings Inc., Twin Tree Management LP, HAP Trading LLC, BNP Paribas Financial Markets, Eisler Capital Management Ltd., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Garda Capital Partners LP, Credit Agricole S A, Maven Securities LTD, Elequin Capital LP, Raymond James Financial Inc., Arrowpoint Investment Partners Singapore Pte. Ltd., Simplex Trading LLC, JPMorgan Chase & Co., Wolverine Asset Management LLC, Citigroup Inc., Deutsche Bank AG, Delta Accumulation LLC, Bank of Nova Scotia, Sheaff Brock Investment Advisors LLC, LPL Financial LLC, Readystate Asset Management LP, Allianz Asset Management GmbH, Caas Capital Management LP, Concurrent Investment Advisors LLC, Fulcrum Asset Management LLP, Compagnie Lombard Odier SCmA, SG Americas Securities LLC, and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.