Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NETAPP INC (NTAP)

876 + Investors. Track Smart Money conviction in NTAP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +32
Streak
3Q ▲
Buyers last Q
50%

Smart Money Signals — NTAP

Based on 839 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NTAP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
839 hedge funds hold NTAP right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NTAP is almost the same as a year ago (+28 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

414 buying415 selling
Last quarter: 414 funds bought or added vs 415 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+19 vs last Q)

new funds entering per quarter
Funds opening a new NTAP position: 88 → 130 → 107 → 126. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 18% medium ■ 16% new
549 out of 839 hedge funds have held NTAP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~126 new funds/quarter

103 → 88 → 130 → 107 → 126 new funds/Q
New funds entering each quarter: 88 → 130 → 107 → 126. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 9% 1-2yr ■ 22% new
Of 876 current holders: 604 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
42 of 839 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in NTAP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NTAP

In 2025 Q4, 414 hedge funds were net buyers of NTAP (126 opened a new position, 288 added to an existing one), while 415 reduced or exited (321 trimmed, 94 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in NTAP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +32 funds (more new holders than closures). Total institutional holders: 839.

Hedge Fund Ownership: NTAP

How many hedge funds hold NTAP — quarterly history vs. share price
Quarterly hedge fund ownership of NTAP vs. share price

Market Analysis: NTAP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NTAP

Technology Software - Infrastructure

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

107 top-rated funds 0 high-conviction
Consensus
8.8
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: NTAP
2026 Q1 Stats Unlock in 5 days 876 + Investors

Track Smart Money conviction in NTAP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 876 844 3.79%
13F Shares 193M 187M 3.12%
Total Value $20.59B $22.06B -6.66%
New Positions 132 110 +22
Increased Positions 328 353 -25
Closed Positions 97 84 +13
Reduced Positions 380 345 +35
Total Calls 20 23 -13.04%
Total Puts 23 21 9.52%
PUT/CALL Ratio 1.15 0.91 Neutral

Statistics: NTAP

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

876 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NTAP. Verified SEC 13F-HR filings.

Top 25 institutional holders of NTAP — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LYRICAL ASSET MANAGEMENT LP 3.95% 2,527,356 $258.8M
2 Palouse Capital Management, Inc. 2.70% 39,855 $4.1M
3 SEIZERT CAPITAL PARTNERS, LLC 2.32% 493,118 $50.5M
4 Board of the Pension Protection Fund 1.65% 17,500 $1.8M
5 UNICOM Systems, Inc. 1.61% 153,500 $15.7M
6 Abacus FCF Advisors LLC 1.40% 60,539 $6.2M
7 SKBA CAPITAL MANAGEMENT LLC 1.38% 98,425 $10.1M
8 OAK ASSOCIATES LTD /OH/ 1.34% 194,712 $19.9M
9 Aurora Investment Counsel 1.28% 22,526 $2.3M
10 EDMOND DE ROTHSCHILD HOLDING S.A. 1.25% 846,530 $86.7M
11 TEALWOOD ASSET MANAGEMENT INC 1.23% 26,492 $3K
12 Kepler Cheuvreux (Suisse) SA 1.19% 175,017 $17.9M
13 Core Alternative Capital 1.11% 36,651 $3.8M
14 Epoch Investment Partners, Inc. 1.08% 1,743,918 $178.6M
15 FORTERIS WEALTH MANAGEMENT INC. 1.08% 10,980 $1.1M
16 WEDGE CAPITAL MANAGEMENT L L P/NC 1.07% 566,483 $58.0M
17 EDMP, INC. 0.85% 10,219 $1.0M
18 Promethos Capital, LLC 0.81% 29,277 $3.0M
19 AMJ Financial Wealth Management 0.78% 32,398 $3.3M
20 Railway Pension Investments Ltd 0.75% 515,150 $52.7M
21 Virtus Family Office LLC 0.74% 8,452 $865K
22 PRIMECAP MANAGEMENT CO/CA/ 0.73% 9,057,455 $927.4M
23 Wills Financial Group LLC 0.72% 16,161 $1.9M
24 MONETTA FINANCIAL SERVICES INC 0.71% 9,000 $922K
25 Moran Wealth Management, LLC 0.71% 225,310 $23.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — NETAPP INC (NTAP)

What does the Smart Money Trend signal show for NTAP?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NTAP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NTAP?

Slight buying edge — 50% buying: Last quarter: 414 funds bought or added vs 415 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NTAP holders?

Elite ownership — 52% AUM from top-100 funds: 42 of 839 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in NTAP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NTAP?

65% of holders stayed for 2+ years: 549 out of 839 hedge funds have held NTAP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.