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William Blair Expands Holdings Across Firms — Aug 23, 2026William Blair Investment Management LLC disclosed new or expanded stakes across several companies in the second quarter, including a purchase of 111,465 Palo Alto Networks shares worth about $38 million, a 631,933-share position in Donnelley Financial Solutions for roughly $26.5 million, and a sizable entry into Live Oak Bancshares with 569,233 shares around $23.25 million, along with stakes in Agree Realty and Equity Lifestyle Properties. The filings reflect broad institutional activity with multiple other funds adjusting holdings and notable insider/Director activity at Palo Alto Networks.

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