Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Netapp Inc (NTAP)

856 + 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
↓ -38
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — NTAP

Based on 862 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NTAP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
862 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.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+48 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

438 buying454 selling
Last quarter: 454 funds reduced or exited vs 438 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-32 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 140 → 113 → 135 → 103. 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.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 18% medium ■ 17% new
556 out of 862 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 — ~103 new funds/quarter

96 → 140 → 113 → 135 → 103 new funds/Q
New funds entering each quarter: 140 → 113 → 135 → 103. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 10% 1-2yr ■ 22% new
Of 889 current holders: 604 (68%) 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 — 50% AUM from top-100 funds

50% from top-100 AUM funds
62 of 862 holders are among the 100 largest funds by AUM, controlling 50% 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.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 2026 Q1, 438 hedge funds were net buyers of NTAP (103 opened a new position, 335 added to an existing one), while 454 reduced or exited (313 trimmed, 141 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 50% of total institutional value in NTAP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -38 funds (more exits than new entries). Total institutional holders: 862.

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

-- --

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

Is It Too Late to Buy Netapp Inc (NTAP) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NTAP 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 · 81d ago
NTAP
nan%
XLK
+44.0%

NTAP outperformed XLK by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
NTAP
nan%
XLK
+8.6%

Since the filing became public, NTAP outperformed XLK by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

63 top-rated funds 1 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: NTAP
856 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 856 900 -4.89%
13F Shares 195M 197M -0.94%
Total Value $19.02B $21.00B -9.43%
New Positions 101 135 -34
Increased Positions 326 298 +28
Closed Positions 145 98 +47
Reduced Positions 304 332 -28
Total Calls 16 20 -20.0%
Total Puts 17 23 -26.09%
PUT/CALL Ratio 1.06 1.15 Neutral

Statistics: NTAP

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

856 + investors

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

QUARTER:
Top 25 NTAP holders by conviction (% of portfolio weight) — 2026 Q1 · 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 AIMZ Investment Advisors, LLC 1.74% 55,034 $5.6M
5 Board of the Pension Protection Fund 1.65% 17,500 $1.8M
6 UNICOM Systems, Inc. 1.61% 153,500 $15.7M
7 Abacus FCF Advisors LLC 1.40% 60,539 $6.2M
8 Skba Capital Management LLC 1.38% 98,425 $10.1M
9 Oak Associates Ltd /Oh/ 1.34% 194,712 $19.9M
10 Aurora Investment Counsel 1.28% 22,526 $2.3M
11 Edmond de Rothschild Holding S.A. 1.25% 846,530 $86.7M
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 L2 Asset Management, LLC 0.92% 94,226 $9.6M
18 Edmp, INC. 0.85% 10,219 $1.0M
19 Promethos Capital, LLC 0.81% 29,277 $3.0M
20 Shelton Capital Management 0.78% 349,483 $35.8M
21 AMJ Financial Wealth Management 0.78% 32,398 $3.3M
22 Railway Pension Investments Ltd 0.75% 515,150 $52.7M
23 Virtus Family Office LLC 0.74% 8,452 $865K
24 Primecap Management Co/Ca/ 0.73% 9,057,455 $927.4M
25 Wills Financial Group LLC 0.72% 16,161 $1.9M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NTAP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NTAP?

More sellers than buyers — 49% buying: Last quarter: 454 funds reduced or exited vs 438 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NTAP holders?

Elite ownership — 50% AUM from top-100 funds: 62 of 862 holders are among the 100 largest funds by AUM, controlling 50% 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: 556 out of 862 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.

Is it too late to buy Netapp Inc (NTAP) following the 2026 Q1 hedge fund 13F filings?

As of today, NTAP has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.6% for the XLK sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NTAP has gained nan% vs +44.0% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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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