Vault-13

ARISTA NETWORKS INC

COM · CUSIP 040413106 · ISIN US0404131064

919 institutional holders +69 vs Q4 2022
220,829,322220.8m shares reported held*
$36.8bnreported value*
166 new 297 added 335 reduced 89 sold out net bought ≈ $961.9m (+7.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($160.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $166.82. Options: 30 managers hold calls ($527.6m notional), 29 hold puts ($400.3m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 775Q4 22: 850Q1 23: 919919Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022775
Q4 2022850
Q1 2023919

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 22: 416 bought or addedQ4 22: 330 cut or sold outQ4 22Q1 23: 463 bought or addedQ1 23: 424 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022416330
Q1 2023463424

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600mQ3 22 calls: $283.8mQ3 22 puts: $275.7mQ3 22P/C 0.97Q4 22 calls: $326.0mQ4 22 puts: $337.5mQ4 22P/C 1.04Q1 23 calls: $527.6mQ1 23 puts: $400.3mQ1 23P/C 0.76
Numbers
QuarterCallsPutsP/C
Q3 2022$283.8m$275.7m0.97
Q4 2022$326.0m$337.5m1.04
Q1 2023$527.6m$400.3m0.76

Biggest buyers

FMR LLC Added +9,036,680+9.0m
WELLINGTON MANAGEMENT GROUP LLP Added +1,371,391+1.4m
ENVESTNET ASSET MANAGEMENT INC Added +1,340,905+1.3m
JENNISON ASSOCIATES LLC Added +1,119,475+1.1m
DSM CAPITAL PARTNERS LLC New +834,519+834.5k
AMERIPRISE FINANCIAL INC Added +591,174+591.2k
FRED ALGER MANAGEMENT, LLC Added +536,903+536.9k
Whale Rock Capital Management LLC Added +497,969+498.0k
BANK OF AMERICA CORP /DE/ Added +436,578+436.6k
AGF MANAGEMENT LTD Added +416,128+416.1k

Biggest sellers

Capital Research Global Investors Reduced -1,154,014-1.2m
Man Group plc Sold out -1,009,059-1.0m
J.P. Morgan Private Wealth Advisors LLC Reduced -1,008,706-1.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -695,759-695.8k
ALLIANCEBERNSTEIN L.P. Reduced -671,619-671.6k
Qube Research & Technologies Ltd Sold out -665,872-665.9k
TWO SIGMA INVESTMENTS, LP Reduced -633,272-633.3k
RENAISSANCE TECHNOLOGIES LLC Sold out -564,700-564.7k
AMERICAN CENTURY COMPANIES INC Reduced -518,073-518.1k
JACOBS LEVY EQUITY MANAGEMENT, INC Reduced -513,747-513.7k

Biggest calls

PEAK6 Investments LLC Added $135.4m806.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $130.5m777.3k shares
CITADEL ADVISORS LLC Added $87.4m520.7k shares
JANE STREET GROUP, LLC Added $38.7m230.3k shares
SIMPLEX TRADING, LLC Added $35.3m210.5k shares
Walleye Trading LLC Reduced $20.3m120.9k shares
CAPITAL FUND MANAGEMENT S.A. Added $18.6m111.1k shares
D. E. Shaw & Co., Inc. Added $16.0m95.5k shares
MILLENNIUM MANAGEMENT LLC Added $11.4m68.1k shares
IMC-Chicago, LLC Added $7.5m44.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $89.0m530.5k shares
CITADEL ADVISORS LLC Reduced $80.8m481.5k shares
MILLENNIUM MANAGEMENT LLC Added $38.1m226.8k shares
SIMPLEX TRADING, LLC Added $29.6m176.2k shares
Oribel Capital Management, LP New $27.5m163.7k shares
PEAK6 Investments LLC Added $24.9m148.1k shares
CAPITAL FUND MANAGEMENT S.A. Added $23.9m142.1k shares
Walleye Trading LLC Reduced $19.9m118.4k shares
D. E. Shaw & Co., Inc. Added $13.1m77.8k shares
JANE STREET GROUP, LLC Reduced $10.2m60.8k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.12% of their portfolio Valley Forge, PA 27,226,23727.2m $4.6bn $4.6bn 0.12% Added +200.5k +200,480
2 BlackRock Inc. 0.09% of their portfolio New York, NY 18,734,81818.7m $3.1bn $3.1bn 0.09% Added +372.4k +372,420
3 FMR LLC 0.10% of their portfolio BOSTON, MA 13,631,96613.6m $2.3bn $2.3bn 0.10% Added +9.0m +9,036,680
4 J.P. Morgan Private Wealth Advisors LLC 4.06% of their portfolio SAN FRANCISCO, CA 11,392,09911.4m $1.9bn $1.9bn 4.06% Reduced -1.0m -1,008,706
5 STATE STREET CORP 0.09% of their portfolio BOSTON, MA 9,991,92310.0m $1.7bn $1.7bn 0.09% Added +313.0k +313,036
6 ALLIANCEBERNSTEIN L.P. 0.69% of their portfolio NASHVILLE, TN 9,551,7749.6m $1.6bn $1.6bn 0.69% Reduced -671.6k -671,619
7 PRICE T ROWE ASSOCIATES INC /MD/ 0.21% of their portfolio BALTIMORE, MD 8,234,8748.2m $1.4bn $1.4bn 0.21% Reduced -1.5k -1,537
8 Capital World Investors 0.20% of their portfolio LOS ANGELES, CA 5,816,9685.8m $976.4m $976.4m 0.20% Reduced -326.2k -326,213
9 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 5,755,4155.8m $966.1m $966.1m 0.10% Added +206.1k +206,080
10 GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio BOSTON, MA 5,112,2975.1m $856.3m $856.3m 0.11% Added +91.8k +91,829
11 WELLINGTON MANAGEMENT GROUP LLP 0.16% of their portfolio Boston, MA 4,748,5404.7m $797.1m $797.1m 0.16% Added +1.4m +1,371,391
12 Artisan Partners Limited Partnership 1.19% of their portfolio Milwaukee, WI 4,265,2634.3m $716.0m $716.0m 1.19% Reduced -138.2k -138,191
13 Nuveen Asset Management, LLC 0.21% of their portfolio CHICAGO, IL 3,438,2073.4m $577.1m $577.1m 0.21% Reduced -172.9k -172,857
14 NORGES BANK 0.09% of their portfolio OSLO, Q8 2,423,7992.4m $406.9m $406.9m 0.09% Reduced -121.6k -121,606
15 NORTHERN TRUST CORP 0.08% of their portfolio CHICAGO, IL 2,381,1772.4m $399.7m $399.7m 0.08% Reduced -41.6k -41,637
16 Invesco Ltd. 0.11% of their portfolio ATLANTA, GA 2,355,3392.4m $395.4m $395.4m 0.11% Added +111.4k +111,399
17 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 2,285,1592.3m $383.6m $383.6m 0.05% Added +132.4k +132,373
18 Point72 Asset Management, L.P. 1.28% of their portfolio STAMFORD, CT 2,148,1592.1m $360.6m $360.6m 1.28% Added +335.9k +335,898
19 LORD, ABBETT & CO. LLC 0.60% of their portfolio JERSEY CITY, NJ 1,984,4002.0m $333.1m $333.1m 0.60% Added +29.5k +29,482
20 DEUTSCHE BANK AG\ 0.17% of their portfolio FRANKFURT AM MAIN, 2M 1,836,7001.8m $308.3m $308.3m 0.17% Added +140.8k +140,818
21 Bank of New York Mellon Corp 0.06% of their portfolio NEW YORK, NY 1,752,8221.8m $294.2m $294.2m 0.06% Reduced -44.1k -44,062
22 Legal & General Group Plc 0.10% of their portfolio London, X0 1,716,0321.7m $288.1m $288.1m 0.10% Reduced -16.7k -16,679
23 NEUBERGER BERMAN GROUP LLC 0.26% of their portfolio NEW YORK, NY 1,689,5371.7m $278.6m $278.6m 0.26% Added +63.9k +63,871
24 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,686,3551.7m $283.1m $283.1m 0.03% Added +436.6k +436,578
25 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 1,675,8141.7m $281.3m $281.3m 0.09% Added +591.2k +591,174
26 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,602,2651.6m $43.0m $43.0m 0.02% Added +1.3m +1,340,905
27 FIRST TRUST ADVISORS LP 0.31% of their portfolio Wheaton, IL 1,596,4451.6m $268.0m $268.0m 0.31% Reduced -122.5k -122,530
28 MACQUARIE GROUP LTD 0.30% of their portfolio Sydney, NSW 2000, C3 1,517,0231.5m $254.6m $254.6m 0.30% Reduced -365.0k -365,036
29 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 1,481,0421.5m $248.6m $248.6m 0.07% Added +158.6k +158,554
30 Swedbank AB 0.48% of their portfolio STOCKHOLM, V7 1,455,7901.5m $244.4m $244.4m 0.48% Reduced -109.9k -109,874
31 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.24% of their portfolio BLOOMINGTON, IL 1,404,8071.4m $235.8m $235.8m 0.24% Added +45.9k +45,888
32 JENNISON ASSOCIATES LLC 0.21% of their portfolio NEW YORK, NY 1,393,1861.4m $233.9m $233.9m 0.21% Added +1.1m +1,119,475
33 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 1,339,1161.3m $224.8m $224.8m 0.07% Reduced -100.3k -100,269
34 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio NEW YORK, NY 1,307,4481.3m $219.5m $219.5m 0.11% Added +105.9k +105,904
35 1832 Asset Management L.P. 0.44% of their portfolio TORONTO, A6 1,271,7251.3m $213.5m $213.5m 0.44% Added +396.5k +396,527
36 Whale Rock Capital Management LLC 3.95% of their portfolio Boston, MA 1,068,5471.1m $179.4m $179.4m 3.95% Added +498.0k +497,969
37 TWO SIGMA ADVISERS, LP 0.42% of their portfolio NEW YORK, NY 979,200979.2k $164.4m $164.4m 0.42% Reduced -380.7k -380,700
38 Swiss National Bank 0.11% of their portfolio ZURICH, V8 970,200970.2k $162.9m $162.9m 0.11% Reduced -19.1k -19,100
39 Amundi 0.08% of their portfolio Paris, I0 945,505945.5k $154.0m $154.0m 0.08% Reduced -343.2k -343,213
40 FRANKLIN RESOURCES INC 0.08% of their portfolio San Mateo, CA 919,656919.7k $154.4m $154.4m 0.08% Reduced -31.8k -31,842
41 AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio KANSAS CITY, MO 887,843887.8k $149.0m $149.0m 0.12% Reduced -518.1k -518,073
42 ACADIAN ASSET MANAGEMENT LLC 0.65% of their portfolio Boston, MA 882,589882.6k $148.1m $148.1m 0.65% Reduced -1.9k -1,863
43 Polar Capital Holdings Plc 1.07% of their portfolio London, X0 870,528870.5k $146.1m $146.1m 1.07% Reduced -196.5k -196,522
44 BRISTOL JOHN W & CO INC /NY/ 2.97% of their portfolio NEW YORK, NY 860,104860.1k $144.4m $144.4m 2.97% Added +2.0k +2,008
45 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 850,045850.0k $142.7m $142.7m 0.04% Reduced -127.1k -127,108
46 DSM CAPITAL PARTNERS LLC 2.29% of their portfolio Palm Beach Gardens, FL 834,519834.5k $140.1m $140.1m 2.29% New
47 CITADEL ADVISORS LLC 0.15% of their portfolio MIAMI, FL 828,199828.2k $139.0m $139.0m 0.15% Added +107.5k +107,513
48 Korea Investment CORP 0.40% of their portfolio SEOUL, M5 819,459819.5k $137.6m $137.6m 0.40% Reduced -1.6k -1,634
49 Capital Research Global Investors 0.04% of their portfolio Los Angeles, CA 782,998783.0k $131.4m $131.4m 0.04% Reduced -1.2m -1,154,014
50 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 752,747752.7k $126.3m $126.3m 0.04% Reduced -295.7k -295,658
51 SEI INVESTMENTS CO 0.23% of their portfolio OAKS, PA 743,025743.0k $124.7m $124.7m 0.23% Added +103.7k +103,734
52 VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ATLANTA, GA 714,645714.6k $120.0m $120.0m 0.13% Reduced -695.8k -695,759
53 HSBC HOLDINGS PLC 0.15% of their portfolio LONDON, X0 703,502703.5k $118.0m $118.0m 0.15% Added +24.3k +24,282
54 Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio CHIYODA-KU, TOKYO, M0 693,614693.6k $116.4m $116.4m 0.09% Reduced -14.6k -14,623
55 DISCIPLINED GROWTH INVESTORS INC /MN 2.95% of their portfolio MINNEAPOLIS, MN 684,255684.3k $114.9m $114.9m 2.95% Reduced -98.1k -98,128
56 MILLENNIUM MANAGEMENT LLC 0.13% of their portfolio NEW YORK, NY 671,864671.9k $112.8m $112.8m 0.13% Reduced -316.8k -316,811
57 Epoch Investment Partners, Inc. 0.65% of their portfolio New York, NY 654,338654.3k $109.8m $109.8m 0.65% Added +297.9k +297,919
58 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 640,657640.7k $107.5m $107.5m 0.03% Reduced -83.9k -83,897
59 GLENMEDE TRUST CO NA 0.61% of their portfolio PHILADELPHIA, PA 638,592638.6k $107.2m $107.2m 0.61% Reduced -152.6k -152,624
60 FEDERATED HERMES, INC. 0.27% of their portfolio PITTSBURGH, PA 629,202629.2k $105.6m $105.6m 0.27% Added +186.0k +186,006
61 TIMUCUAN ASSET MANAGEMENT INC/FL 4.12% of their portfolio JACKSONVILLE, FL 586,374586.4k $98.4m $98.4m 4.12% Reduced -390.5k -390,531
62 Baird Financial Group, Inc. 0.22% of their portfolio MILWAUKEE, WI 540,424540.4k $90.7m $90.7m 0.22% Reduced -153.2k -153,159
63 FRED ALGER MANAGEMENT, LLC 0.48% of their portfolio NEW YORK, NY 537,063537.1k $90.2m $90.2m 0.48% Added +536.9k +536,903
64 CITIGROUP INC 0.12% of their portfolio NEW YORK, NY 524,452524.5k $88.0m $88.0m 0.12% Reduced -13.4k -13,391
65 California Public Employees Retirement System 0.08% of their portfolio Sacramento, CA 524,442524.4k $88.0m $88.0m 0.08% Reduced -142.4k -142,409
66 FRONTIER CAPITAL MANAGEMENT CO LLC 0.89% of their portfolio Boston, MA 514,032514.0k $86.3m $86.3m 0.89% Reduced -18.3k -18,253
67 Madison Asset Management, LLC 1.28% of their portfolio MADISON, WI 502,452502.5k $84.3m $84.3m 1.28% Reduced -4.1k -4,104
68 UBS Group AG 0.04% of their portfolio ZURICH, V8 490,539490.5k $82.3m $82.3m 0.04% Reduced -91.6k -91,598
69 RHUMBLINE ADVISERS 0.10% of their portfolio BOSTON, MA 481,066481.1k $80.8m $80.8m 0.10% Added +28.6k +28,637
70 Fiera Capital Corp 0.23% of their portfolio MONTREAL, A8 459,271459.3k $77.1m $77.1m 0.23% Reduced -297.4k -297,425
71 NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio ALBANY, NY 447,068447.1k $75.0m $75.0m 0.10% Reduced -93.1k -93,080
72 WEDGE CAPITAL MANAGEMENT L L P/NC 1.25% of their portfolio CHARLOTTE, NC 440,127440.1k $73.9m $73.9m 1.25% Reduced -76.2k -76,176
73 Mitsubishi UFJ Trust & Banking Corp 0.18% of their portfolio TOKYO, M0 430,418430.4k $72.2m $72.2m 0.18% Reduced -145.1k -145,090
74 MARSHALL WACE, LLP 0.18% of their portfolio LONDON, X0 425,056425.1k $71.3m $71.3m 0.18% Added +191.1k +191,099
75 PRUDENTIAL FINANCIAL INC 0.11% of their portfolio NEWARK, NJ 424,736424.7k $71.3m $71.3m 0.11% Reduced -147.9k -147,897
76 LOS ANGELES CAPITAL MANAGEMENT LLC 0.32% of their portfolio LOS ANGELES, CA 422,873422.9k $71.0m $71.0m 0.32% Added +379.7k +379,747
77 AGF MANAGEMENT LTD 0.48% of their portfolio TORONTO, A6 419,509419.5k $70.4m $70.4m 0.48% Added +416.1k +416,128
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio WEST SACRAMENTO, CA 403,082403.1k $67.7m $67.7m 0.10% Reduced -2.6k -2,633
79 VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio San Antonio, TX 385,473385.5k $64.7m $64.7m 0.07% Reduced -109.0k -109,047
80 TD Asset Management Inc 0.08% of their portfolio Toronto, A6 383,213383.2k $64.3m $64.3m 0.08% Reduced -20.2k -20,159
81 CREDIT SUISSE AG/ 0.06% of their portfolio ZURICH, V8 370,722370.7k $62.2m $62.2m 0.06% Added +25.5k +25,544
82 BRAUN STACEY ASSOCIATES INC 1.61% of their portfolio NEW YORK, NY 365,894365.9k $61.4m $61.4m 1.61% Added +175.4k +175,401
83 Caisse de depot et placement du Quebec 0.17% of their portfolio Montreal, A8 361,619361.6k $60.7m $60.7m 0.17% Added +249.6k +249,601
84 NorthCoast Asset Management LLC 1.03% of their portfolio STAMFORD, CT 352,212352.2k $59.1m $59.1m 1.03% Reduced -174.3k -174,350
85 National Pension Service 0.10% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 348,334348.3k $56.6m $56.6m 0.10% Reduced -2.8k -2,844
86 STATE OF MICHIGAN RETIREMENT SYSTEM 0.38% of their portfolio EAST LANSING, MI 347,989348.0k $58.4m $58.4m 0.38% Added +700 +700
87 Allianz Asset Management GmbH 0.12% of their portfolio MUNICH, 2M 343,784343.8k $57.7m $57.7m 0.12% Reduced -88.4k -88,417
88 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 336,224336.2k $56.4m $56.4m 0.04% Reduced -20.1k -20,068
89 PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio DES MOINES, IA 323,786323.8k $54.4m $54.4m 0.04% Reduced -76.1k -76,126
90 STOREBRAND ASSET MANAGEMENT AS 0.27% of their portfolio LYSAKER, Q8 323,264323.3k $54.3m $54.3m 0.27% Reduced -135.2k -135,151
91 Sather Financial Group Inc 4.71% of their portfolio Victoria, TX 322,741322.7k $54.2m $54.2m 4.71% Reduced -16.4k -16,369
92 Allspring Global Investments Holdings, LLC 0.09% of their portfolio CHARLOTTE, NC 318,560318.6k $53.5m $53.5m 0.09% Reduced -123.8k -123,766
93 CAPITAL COUNSEL LLC/NY 2.94% of their portfolio NEW YORK, NY 305,186305.2k $51.2m $51.2m 2.94% Reduced -26.5k -26,462
94 Clearbridge Investments, LLC 0.05% of their portfolio NEW YORK, NY 296,072296.1k $49.7m $49.7m 0.05% Added +3.3k +3,286
95 MAVERICK CAPITAL LTD 1.26% of their portfolio DALLAS, TX 291,832291.8k $49.0m $49.0m 1.26% Added +268.1k +268,101
96 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio TALLAHASSEE, FL 284,878284.9k $47.8m $47.8m 0.11% Reduced -1.1k -1,100
97 STRS OHIO 0.07% of their portfolio COLUMBUS, OH 280,000280.0k $47.0m $47.0m 0.07% Added +140.0k +140,000
98 APG Asset Management N.V. 0.09% of their portfolio Amsterdam, P7 275,581275.6k $42.6m $42.6m 0.09% Reduced -36.9k -36,886
99 SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio London, X0 246,748246.7k $41.4m $41.4m 0.06% Reduced -4.9k -4,870
100 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio ALBANY, NY 245,822245.8k $41.3m $41.3m 0.10% Reduced -3.6k -3,580