Vault-13

ARISTA NETWORKS INC

COM · CUSIP 040413106 · ISIN US0404131064

957 institutional holders +38 vs Q1 2023
212,359,667212.4m shares reported held*
$34.4bnreported value*
139 new 340 added 326 reduced 110 sold out net sold ≈ $1.1bn (-8.2m 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 ($203.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $162.09. Options: 36 managers hold calls ($824.4m notional), 33 hold puts ($483.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 775Q4 22: 850Q1 23: 919Q2 23: 957957Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022775
Q4 2022850
Q1 2023919
Q2 2023957

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 23Q2 23: 479 bought or addedQ2 23: 436 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022416330
Q1 2023463424
Q2 2023479436

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ3 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 0.76Q2 23 calls: $824.4mQ2 23 puts: $483.6mQ2 23P/C 0.59
Numbers
QuarterCallsPutsP/C
Q3 2022$283.8m$275.7m0.97
Q4 2022$326.0m$337.5m1.04
Q1 2023$527.6m$400.3m0.76
Q2 2023$824.4m$483.6m0.59

Biggest buyers

Cresset Asset Management, LLC Added +11,131,706+11.1m
Capital World Investors Added +4,002,359+4.0m
Capital Research Global Investors Added +3,065,313+3.1m
WCM INVESTMENT MANAGEMENT, LLC New +2,873,218+2.9m
VIKING GLOBAL INVESTORS LP New +2,036,587+2.0m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +2,032,783+2.0m
GOLDMAN SACHS GROUP INC Added +1,302,721+1.3m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +957,491+957.5k
Qube Research & Technologies Ltd New +751,663+751.7k
DSM CAPITAL PARTNERS LLC Added +644,733+644.7k

Biggest sellers

J.P. Morgan Private Wealth Advisors LLC Sold out -11,392,099-11.4m
FMR LLC Reduced -5,829,197-5.8m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -5,412,045-5.4m
WELLINGTON MANAGEMENT GROUP LLP Reduced -4,477,062-4.5m
Point72 Asset Management, L.P. Reduced -1,599,552-1.6m
Nuveen Asset Management, LLC Reduced -1,445,686-1.4m
1832 Asset Management L.P. Reduced -1,250,905-1.3m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,230,251-1.2m
DEUTSCHE BANK AG\ Reduced -992,215-992.2k
TWO SIGMA ADVISERS, LP Reduced -957,400-957.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $204.0m1.3m shares
Cresset Asset Management, LLC New $162.1m1.0m shares
CITADEL ADVISORS LLC Added $97.8m603.4k shares
PEAK6 Investments LLC Reduced $73.0m450.5k shares
JANE STREET GROUP, LLC Added $50.6m312.4k shares
SIMPLEX TRADING, LLC Added $40.5m250.2k shares
Twin Tree Management, LP New $24.5m151.2k shares
Walleye Trading LLC Added $19.9m122.8k shares
IMC-Chicago, LLC Added $18.5m114.1k shares
Parallax Volatility Advisers, L.P. Added $18.0m111.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $175.4m1.1m shares
CITADEL ADVISORS LLC Added $87.8m541.5k shares
SIMPLEX TRADING, LLC Added $30.1m185.6k shares
MILLENNIUM MANAGEMENT LLC Reduced $24.9m153.8k shares
D. E. Shaw & Co., Inc. Added $17.6m108.3k shares
Walleye Trading LLC Reduced $14.4m89.0k shares
JANE STREET GROUP, LLC Added $14.4m88.8k shares
IMC-Chicago, LLC Added $14.4m88.7k shares
Cubist Systematic Strategies, LLC Added $13.7m84.8k shares
PEAK6 Investments LLC Reduced $12.3m75.9k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.11% of their portfolio Valley Forge, PA 27,814,62427.8m $4.5bn $4.5bn 0.11% Added +588.4k +588,387
2 BlackRock Inc. 0.08% of their portfolio New York, NY 17,872,23117.9m $2.9bn $2.9bn 0.08% Reduced -862.6k -862,587
3 Cresset Asset Management, LLC 12.80% of their portfolio Chicago, IL 11,136,61611.1m $1.8bn $1.8bn 12.80% Added +11.1m +11,131,706
4 STATE STREET CORP 0.09% of their portfolio BOSTON, MA 10,280,98710.3m $1.7bn $1.7bn 0.09% Added +289.1k +289,064
5 Capital World Investors 0.31% of their portfolio LOS ANGELES, CA 9,819,3279.8m $1.6bn $1.6bn 0.31% Added +4.0m +4,002,359
6 ALLIANCEBERNSTEIN L.P. 0.61% of their portfolio NASHVILLE, TN 9,265,0819.3m $1.5bn $1.5bn 0.61% Reduced -286.7k -286,693
7 FMR LLC 0.11% of their portfolio BOSTON, MA 7,802,7697.8m $1.3bn $1.3bn 0.11% Reduced -5.8m -5,829,197
8 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 5,421,0605.4m $878.5m $878.5m 0.09% Reduced -334.4k -334,355
9 GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio BOSTON, MA 4,563,9414.6m $737.4m $737.4m 0.09% Reduced -548.4k -548,356
10 Capital Research Global Investors 0.17% of their portfolio Los Angeles, CA 3,848,3113.8m $623.7m $623.7m 0.17% Added +3.1m +3,065,313
11 Artisan Partners Limited Partnership 0.89% of their portfolio Milwaukee, WI 3,430,2863.4m $555.9m $555.9m 0.89% Reduced -835.0k -834,977
12 Invesco Ltd. 0.13% of their portfolio ATLANTA, GA 2,956,1503.0m $479.1m $479.1m 0.13% Added +600.8k +600,811
13 WCM INVESTMENT MANAGEMENT, LLC 1.39% of their portfolio LAGUNA BEACH, CA 2,873,2182.9m $465.6m $465.6m 1.39% New
14 PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio BALTIMORE, MD 2,822,8292.8m $457.5m $457.5m 0.06% Reduced -5.4m -5,412,045
15 GOLDMAN SACHS GROUP INC 0.12% of their portfolio NEW YORK, NY 2,783,7632.8m $451.1m $451.1m 0.12% Added +1.3m +1,302,721
16 NORGES BANK 0.08% of their portfolio OSLO, Q8 2,596,4912.6m $420.8m $420.8m 0.08% Added +172.7k +172,692
17 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 2,498,8192.5m $405.0m $405.0m 0.05% Added +213.7k +213,660
18 NORTHERN TRUST CORP 0.07% of their portfolio CHICAGO, IL 2,288,7602.3m $370.9m $370.9m 0.07% Reduced -92.4k -92,417
19 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio Boston, MA 2,136,9762.1m $346.3m $346.3m 0.11% Added +2.0m +2,032,783
20 VIKING GLOBAL INVESTORS LP 1.35% of their portfolio STAMFORD, CT 2,036,5872.0m $330.0m $330.0m 1.35% New
21 Nuveen Asset Management, LLC 0.11% of their portfolio CHICAGO, IL 1,992,5212.0m $322.9m $322.9m 0.11% Reduced -1.4m -1,445,686
22 Swedbank AB 0.55% of their portfolio STOCKHOLM, V7 1,911,6191.9m $309.8m $309.8m 0.55% Added +455.8k +455,829
23 Legal & General Group Plc 0.10% of their portfolio London, X0 1,827,8901.8m $296.2m $296.2m 0.10% Added +111.9k +111,858
24 Bank of New York Mellon Corp 0.06% of their portfolio NEW YORK, NY 1,759,0851.8m $285.1m $285.1m 0.06% Added +6.3k +6,263
25 FIRST TRUST ADVISORS LP 0.32% of their portfolio Wheaton, IL 1,729,5331.7m $280.3m $280.3m 0.32% Added +133.1k +133,088
26 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 1,729,4981.7m $280.3m $280.3m 0.09% Added +53.7k +53,684
27 DSM CAPITAL PARTNERS LLC 3.88% of their portfolio Palm Beach Gardens, FL 1,479,2521.5m $239.7m $239.7m 3.88% Added +644.7k +644,733
28 NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio NEW YORK, NY 1,457,6591.5m $234.2m $234.2m 0.21% Reduced -231.9k -231,878
29 LORD, ABBETT & CO. LLC 0.41% of their portfolio JERSEY CITY, NJ 1,453,9401.5m $235.6m $235.6m 0.41% Reduced -530.5k -530,460
30 Amundi 0.11% of their portfolio Paris, I0 1,412,9491.4m $225.9m $225.9m 0.11% Added +467.4k +467,444
31 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.22% of their portfolio BLOOMINGTON, IL 1,404,8071.4m $227.7m $227.7m 0.22% Unchanged
32 JENNISON ASSOCIATES LLC 0.18% of their portfolio NEW YORK, NY 1,362,5581.4m $220.8m $220.8m 0.18% Reduced -30.6k -30,628
33 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio SAN FRANCISCO, CA 1,333,9611.3m $216.2m $216.2m 0.06% Reduced -5.2k -5,155
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% Unchanged
35 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,300,5671.3m $210.8m $210.8m 0.03% Reduced -385.8k -385,788
36 MACQUARIE GROUP LTD 0.19% of their portfolio Sydney, NSW 2000, C3 1,051,0341.1m $170.3m $170.3m 0.19% Reduced -466.0k -465,989
37 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.52% of their portfolio Paris, I0 1,034,7861.0m $167.7m $167.7m 0.52% Added +957.5k +957,491
38 FRANKLIN RESOURCES INC 0.08% of their portfolio San Mateo, CA 1,023,8991.0m $165.9m $165.9m 0.08% Added +104.2k +104,243
39 Swiss National Bank 0.10% of their portfolio ZURICH, V8 940,500940.5k $152.4m $152.4m 0.10% Reduced -29.7k -29,700
40 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 880,026880.0k $142.6m $142.6m 0.04% Added +30.0k +29,981
41 BRISTOL JOHN W & CO INC /NY/ 2.62% of their portfolio NEW YORK, NY 853,181853.2k $138.3m $138.3m 2.62% Reduced -6.9k -6,923
42 DEUTSCHE BANK AG\ 0.07% of their portfolio FRANKFURT AM MAIN, 2M 844,485844.5k $136.9m $136.9m 0.07% Reduced -992.2k -992,215
43 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 821,614821.6k $133.2m $133.2m 0.04% Added +181.0k +180,957
44 Epoch Investment Partners, Inc. 0.76% of their portfolio New York, NY 814,008814.0k $131.9m $131.9m 0.76% Added +159.7k +159,670
45 MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 805,710805.7k $130.6m $130.6m 0.14% Added +133.8k +133,846
46 Qube Research & Technologies Ltd 0.47% of their portfolio LONDON, X0 751,663751.7k $121.8m $121.8m 0.47% New
47 Polar Capital Holdings Plc 0.79% of their portfolio London, X0 715,318715.3k $115.9m $115.9m 0.79% Reduced -155.2k -155,210
48 Whale Rock Capital Management LLC 1.97% of their portfolio Boston, MA 705,119705.1k $114.3m $114.3m 1.97% Reduced -363.4k -363,428
49 DISCIPLINED GROWTH INVESTORS INC /MN 2.41% of their portfolio MINNEAPOLIS, MN 657,647657.6k $106.6m $106.6m 2.41% Reduced -26.6k -26,608
50 Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio CHIYODA-KU, TOKYO, M0 643,940643.9k $104.4m $104.4m 0.08% Reduced -49.7k -49,674
51 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 642,012642.0k $104.0m $104.0m 0.03% Reduced -110.7k -110,735
52 HSBC HOLDINGS PLC 0.11% of their portfolio LONDON, X0 641,784641.8k $104.2m $104.2m 0.11% Reduced -61.7k -61,718
53 GLENMEDE TRUST CO NA 0.61% of their portfolio PHILADELPHIA, PA 638,172638.2k $107.1m $107.1m 0.61% Reduced -420 -420
54 UBS Group AG 0.04% of their portfolio ZURICH, V8 619,576619.6k $100.4m $100.4m 0.04% Added +129.0k +129,037
55 SEI INVESTMENTS CO 0.17% of their portfolio OAKS, PA 593,778593.8k $96.2m $96.2m 0.17% Reduced -149.2k -149,247
56 TIMUCUAN ASSET MANAGEMENT INC/FL 3.70% of their portfolio JACKSONVILLE, FL 580,824580.8k $94.1m $94.1m 3.70% Reduced -5.5k -5,550
57 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 570,593570.6k $92.5m $92.5m 0.10% Reduced -144.1k -144,052
58 NEW YORK STATE COMMON RETIREMENT FUND 0.12% of their portfolio ALBANY, NY 564,019564.0k $91.4m $91.4m 0.12% Added +117.0k +116,951
59 Korea Investment CORP 0.25% of their portfolio SEOUL, M5 553,830553.8k $89.8m $89.8m 0.25% Reduced -265.6k -265,629
60 CAPITAL COUNSEL LLC/NY 4.91% of their portfolio NEW YORK, NY 550,240550.2k $89.2m $89.2m 4.91% Added +245.1k +245,054
61 Point72 Asset Management, L.P. 0.31% of their portfolio STAMFORD, CT 548,607548.6k $88.9m $88.9m 0.31% Reduced -1.6m -1,599,552
62 VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio San Antonio, TX 544,641544.6k $88.3m $88.3m 0.10% Added +159.2k +159,168
63 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.13% of their portfolio FRANKFURT AM MAIN, 2M 528,957529.0k $85.7m $85.7m 0.13% Added +462.6k +462,570
64 Caisse de depot et placement du Quebec 0.23% of their portfolio Montreal, A8 528,213528.2k $85.6m $85.6m 0.23% Added +166.6k +166,594
65 National Pension Service 0.14% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 525,995526.0k $83.8m $83.8m 0.14% Added +177.7k +177,661
66 Allspring Global Investments Holdings, LLC 0.13% of their portfolio CHARLOTTE, NC 514,850514.9k $83.4m $83.4m 0.13% Added +196.3k +196,290
67 Madison Asset Management, LLC 1.19% of their portfolio MADISON, WI 501,246501.2k $81.2m $81.2m 1.19% Reduced -1.2k -1,206
68 FRED ALGER MANAGEMENT, LLC 0.39% of their portfolio NEW YORK, NY 468,767468.8k $76.0m $76.0m 0.39% Reduced -68.3k -68,296
69 California Public Employees Retirement System 0.06% of their portfolio Sacramento, CA 466,657466.7k $75.6m $75.6m 0.06% Reduced -57.8k -57,785
70 RHUMBLINE ADVISERS 0.08% of their portfolio BOSTON, MA 459,684459.7k $74.5m $74.5m 0.08% Reduced -21.4k -21,382
71 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 459,383459.4k $74.4m $74.4m 0.05% Added +218.4k +218,360
72 CITIGROUP INC 0.10% of their portfolio NEW YORK, NY 457,270457.3k $74.1m $74.1m 0.10% Reduced -67.2k -67,182
73 Fiera Capital Corp 0.21% of their portfolio MONTREAL, A8 456,222456.2k $73.9m $73.9m 0.21% Reduced -3.0k -3,049
74 WEDGE CAPITAL MANAGEMENT L L P/NC 1.17% of their portfolio CHARLOTTE, NC 454,787454.8k $73.7m $73.7m 1.17% Added +14.7k +14,660
75 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.11% of their portfolio BALA CYNWYD, PA 437,098437.1k $70.8m $70.8m 0.11% Added +302.3k +302,330
76 EAGLE ASSET MANAGEMENT INC 0.39% of their portfolio ST PETERSBURG, FL 435,117435.1k $70.5m $70.5m 0.39% Added +422.4k +422,429
77 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio WEST SACRAMENTO, CA 425,332425.3k $68.9m $68.9m 0.10% Added +22.2k +22,250
78 NorthCoast Asset Management LLC 1.01% of their portfolio STAMFORD, CT 425,215425.2k $68.9m $68.9m 1.01% Added +73.0k +73,003
79 Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio TOKYO, M0 414,624414.6k $67.2m $67.2m 0.16% Reduced -15.8k -15,794
80 GILDER GAGNON HOWE & CO LLC 0.91% of their portfolio New York, NY 410,297410.3k $66.5m $66.5m 0.91% Added +306.6k +306,644
81 STOREBRAND ASSET MANAGEMENT AS 0.30% of their portfolio LYSAKER, Q8 398,003398.0k $64.5m $64.5m 0.30% Added +74.7k +74,739
82 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 372,014372.0k $60.3m $60.3m 0.03% Reduced -1.2m -1,230,251
83 CREDIT SUISSE AG/ 0.06% of their portfolio ZURICH, V8 371,174371.2k $60.2m $60.2m 0.06% Added +452 +452
84 PRUDENTIAL FINANCIAL INC 0.09% of their portfolio NEWARK, NJ 366,451366.5k $59.4m $59.4m 0.09% Reduced -58.3k -58,285
85 FEDERATED HERMES, INC. 0.14% of their portfolio PITTSBURGH, PA 358,271358.3k $58.1m $58.1m 0.14% Reduced -270.9k -270,931
86 ACADIAN ASSET MANAGEMENT LLC 0.23% of their portfolio Boston, MA 344,347344.3k $55.8m $55.8m 0.23% Reduced -538.2k -538,242
87 TD Asset Management Inc 0.06% of their portfolio Toronto, A6 335,474335.5k $54.4m $54.4m 0.06% Reduced -47.7k -47,739
88 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 324,610324.6k $52.6m $52.6m 0.04% Reduced -563.2k -563,233
89 Sather Financial Group Inc 4.15% of their portfolio Victoria, TX 319,514319.5k $51.8m $51.8m 4.15% Reduced -3.2k -3,227
90 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 317,629317.6k $51.5m $51.5m 0.10% Added +149.9k +149,872
91 PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio DES MOINES, IA 317,088317.1k $51.4m $51.4m 0.04% Reduced -6.7k -6,698
92 Clearbridge Investments, LLC 0.05% of their portfolio NEW YORK, NY 314,070314.1k $50.9m $50.9m 0.05% Added +18.0k +17,998
93 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 308,500308.5k $50.0m $50.0m 0.07% New
94 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 308,337308.3k $49.9m $49.9m 0.03% Reduced -27.9k -27,887
95 JANE STREET GROUP, LLC 0.07% of their portfolio NEW YORK, NY 299,791299.8k $48.6m $48.6m 0.07% Added +236.1k +236,149
96 WESTFIELD CAPITAL MANAGEMENT CO LP 0.30% of their portfolio BOSTON, MA 295,786295.8k $47.9m $47.9m 0.30% New
97 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 294,948294.9k $47.8m $47.8m 0.04% Added +160.3k +160,299
98 FRONTIER CAPITAL MANAGEMENT CO LLC 0.46% of their portfolio Boston, MA 294,111294.1k $47.7m $47.7m 0.46% Reduced -219.9k -219,921
99 DNB Asset Management AS 0.27% of their portfolio Oslo, Q8 289,375289.4k $46.9m $46.9m 0.27% Added +247.1k +247,140
100 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio TALLAHASSEE, FL 287,142287.1k $46.5m $46.5m 0.10% Added +2.3k +2,264