Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Arista Networks Inc (ANET)

2K + Investors. Track Smart Money conviction in ANET. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +54
Streak
11Q ▲
Buyers last Q
54%

Smart Money Signals — ANET

Based on 2024 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added ANET 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
2,024 hedge funds hold ANET 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.
🚀

Fast accumulation — +30% more funds vs a year ago

fund count last 6Q
+464 new funds entered over the past year (+30% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

1114 buying940 selling
Last quarter: 1,114 funds bought or added vs 940 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.
⚠️

Fewer new buyers each quarter (-57 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 262 → 338 → 297 → 240. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 26% medium ■ 23% new
1,040 out of 2,024 hedge funds have held ANET 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 — ~240 new funds/quarter

263 → 262 → 338 → 297 → 240 new funds/Q
New funds entering each quarter: 262 → 338 → 297 → 240. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 54% of holders stayed 2+ years

■ 54% veterans ■ 17% 1-2yr ■ 29% new
Of 2,108 current holders: 1,141 (54%) 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 — 48% AUM from top-100 funds

48% from top-100 AUM funds
68 of 2024 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in ANET. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — ANET

In 2026 Q1, 1114 hedge funds were net buyers of ANET (240 opened a new position, 874 added to an existing one), while 940 reduced or exited (754 trimmed, 186 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in ANET is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +54 funds (more new holders than closures). Total institutional holders: 2024.

Hedge Fund Ownership: ANET

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

Market Analysis: ANET

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ANET

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

Is It Too Late to Buy Arista Networks Inc (ANET) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ANET has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
ANET
+33.0%
XLK
+37.9%

ANET outperformed XLK by -4.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
ANET
+15.1%
XLK
+3.9%

Since the filing became public, ANET outperformed XLK by +11.2% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

114 top-rated funds 38 high-conviction
Consensus
8.9
/ 10
breadth
×
Elite
7.4
/ 10
conviction
Hedge Fund Positioning: ANET
2K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 2001 1970 1.57%
13F Shares 884M 893M -0.99%
Total Value $102.58B $112.47B -8.79%
New Positions 232 297 -65
Increased Positions 849 799 +50
Closed Positions 201 195 +6
Reduced Positions 718 689 +29
Total Calls 48 51 -5.88%
Total Puts 42 40 5.0%
PUT/CALL Ratio 0.88 0.78 Neutral

Statistics: ANET

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Financial Highlights

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Institutional Holders (2026 Q1)

2K + investors

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

QUARTER:
Top 25 ANET holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Varenne Capital Partners 12.52% 420,014 $51.7M
2 Cresset Asset Management, LLC 10.99% 20,692,711 $2.54B
3 Capital Counsel LLC/Ny 10.33% 1,976,826 $242.7M
4 Sather Financial Group Inc 6.40% 847,692 $104.1M
5 Dsm Capital Partners LLC 5.83% 2,686,694 $329.9M
6 Nutshell Asset Management Ltd 5.49% 82,300 $10.1M
7 Up Capital Management, Inc. 5.23% 37,983 $4.7M
8 Capital Impact Advisors, LLC 5.02% 101,192 $12.4M
9 Taylor Hoffman Capital Management LLC 4.94% 130,533 $16.0M
10 Freemont Management S.A. 4.75% 255,700 $31.4M
11 Bristol John W & Co Inc /Ny/ 4.63% 2,292,461 $281.5M
12 Guardian Wealth Management, Inc. 4.56% 68,065 $8.4M
13 Disciplined Growth Investors Inc /Mn 4.55% 1,810,993 $222.4M
14 Glynn Capital Management LLC 4.51% 76,802 $9.4M
15 Sava Infond d.o.o. 4.48% 256,905 $31.5M
16 Anomaly Capital Management, LP 4.28% 575,088 $70.6M
17 Timucuan Asset Management Inc/Fl 4.15% 918,300 $112.7M
18 Spear Advisors LLC 4.02% 43,919 $5.4M
19 Kessler Investment Group, LLC 3.95% 68,026 $8.4M
20 Firsthand Capital Management, Inc. 3.93% 15,000 $1.8M
21 DigitalBridge Group, Inc. 3.89% 502,099 $61.6M
22 Bellecapital International Ltd. 3.63% 158,996 $19.5M
23 Left Brain Wealth Management, LLC 3.53% 73,294 $9.0M
24 Mezzasalma Advisors, LLC 3.43% 109,410 $13.4M
25 Beck Bode, LLC 3.27% 157,499 $19.3M
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 — Arista Networks Inc (ANET)

What does the Smart Money Trend signal show for ANET?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added ANET 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 ANET?

Slight buying edge — 54% buying: Last quarter: 1,114 funds bought or added vs 940 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 ANET holders?

Elite ownership — 48% AUM from top-100 funds: 68 of 2024 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in ANET. 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 ANET?

51% of holders stayed for 2+ years: 1,040 out of 2,024 hedge funds have held ANET 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.

Is it too late to buy Arista Networks Inc (ANET) following the 2026 Q1 hedge fund 13F filings?

As of today, ANET has moved +15.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLK sector ETF — an outperformance of +11.2%. Since the quarter end (March 31, 2026), ANET has gained +33.0% vs +37.9% for XLK. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

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.

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