N-ABLE INC NABL
COMMON STOCK · Common Stock · CUSIP 62878D100 · ISIN US62878D1000
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersWilmington, DE
- FilingsSEC EDGAR
* 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 ($1.4m this quarter). Holder counts are more reliable. Shares outstanding: 185.3m as of 2024-08-05, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $15.23. Options: 3 managers hold calls ($28.8k notional), 2 hold puts ($140.1k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 111 |
| Q4 2022 | 118 |
| Q1 2023 | 143 |
| Q2 2023 | 159 |
| Q3 2023 | 172 |
| Q4 2023 | 172 |
| Q1 2024 | 192 |
| Q2 2024 | 194 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 55 | 42 |
| Q1 2023 | 79 | 47 |
| Q2 2023 | 90 | 55 |
| Q3 2023 | 88 | 68 |
| Q4 2023 | 77 | 84 |
| Q1 2024 | 103 | 72 |
| Q2 2024 | 108 | 91 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $355.5k | $33.5k | 0.09 |
| Q4 2023 | $101.2k | $68.9k | 0.68 |
| Q1 2024 | $54.9k | $75.5k | 1.38 |
| Q2 2024 | $28.8k | $140.1k | 4.86 |
Biggest buyers
| SCALAR GAUGE MANAGEMENT, LLC | New | +699.3k |
| DIMENSIONAL FUND ADVISORS LP | Added | +371.0k |
| VANGUARD GROUP INC | Added | +283.8k |
| Sea Cliff Partners Management, LP | Added | +226.5k |
| Invesco Ltd. | Added | +206.5k |
| 272 Capital LP | New | +196.2k |
| D. E. Shaw & Co., Inc. | Added | +185.7k |
| Cubist Systematic Strategies, LLC | Added | +182.8k |
| Crescent Park Management, L.P. | Added | +166.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | New | +164.1k |
Biggest sellers
| HarbourVest Partners LLC | Sold out | -1.3m |
| CITADEL ADVISORS LLC | Reduced | -715.2k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -518.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -504.3k |
| CenterBook Partners LP | Reduced | -462.7k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -441.1k |
| LGT CAPITAL PARTNERS LTD. | Reduced | -335.0k |
| MORGAN STANLEY | Reduced | -272.1k |
| TWO SIGMA ADVISERS, LP | Reduced | -185.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -151.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $22.8k1.5k shares |
| SIMPLEX TRADING, LLC | New | $6.0k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $140.1k9.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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: BlackRock, Inc. (3.0%, 2026-10-27), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 1 | $209.3k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $667.2k | $258.3k |
| Q2 2023 | 0 | — | 1 | $105.6k | $105.6k |
| Q3 2023 | 0 | — | 2 | $659.0k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $551.8k | $551.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-27 | Pai Kathleen EVP, Chief People Officer | Sold plan | $201.1k13.4k shares |
| 2024-06-25 | Pai Kathleen EVP, Chief People Officer | Sold plan | $4.5k300 shares |
| 2024-06-24 | Pai Kathleen EVP, Chief People Officer | Sold plan | $70.8k4.7k shares |
| 2024-05-29 | Colletti Frank EVP, Chief Revenue Officer | Sold plan | $275.4k20.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Silver Lake Group, L.L.C. 11.46% of their portfolio | 61.5m $936.2m | Unchanged |
| THOMA BRAVO, L.P. 7.52% of their portfolio | 50.1m $762.9m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 11.1m $169.8m | Reduced -98.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 9.1m $138.6m | Added +283.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 4.8m $73.7m | Reduced -441.1k |
| ArrowMark Colorado Holdings LLC 0.62% of their portfolio | 3.4m $52.4m | Added +30.2k |
| Sunriver Management LLC 6.52% of their portfolio | 3.4m $51.5m | Added +137.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.1m $47.4m | Added +371.0k |
| STATE STREET CORP 0.00% of their portfolio | 3.1m $47.1m | Reduced -106.8k |
| AlpInvest Partners B.V. 13.03% of their portfolio | 2.4m $36.3m | Unchanged |
| Sea Cliff Partners Management, LP 11.19% of their portfolio | 2.1m $32.7m | Added +226.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $24.1m | Added +83.2k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $21.0m | Reduced -272.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.3m $20.5m | Reduced -61.6k |
| Lexington Partners L.P. 21.22% of their portfolio | 1.2m $18.9m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.1m $17.5m | Reduced -80.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 838.4k $12.8m | Reduced -504.3k |
| Crescent Park Management, L.P. 5.73% of their portfolio | 758.8k $11.6m | Added +166.0k |
| SCALAR GAUGE MANAGEMENT, LLC 6.20% of their portfolio | 699.3k $10.6m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 680.2k $10.4m | Added +185.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 649.3k $9.9m | Reduced -25.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 621.3k $9.5m | Added +45.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 599.4k $9.1m | Added +26.0k |
| NORGES BANK 0.00% of their portfolio | 560.9k $8.5m | Added +24.5k |
| Invesco Ltd. 0.00% of their portfolio | 554.3k $8.4m | Added +206.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 546.0k $8.3m | Reduced -3.5k |
| HERALD INVESTMENT MANAGEMENT Ltd 1.03% of their portfolio | 413.0k $6.3m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 388.0k $5.9m | Reduced -8.1k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 384.2k $5.9m | Added +74.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 364.9k $5.6m | Reduced -715.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 346.0k $5.3m | Added +99.8k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 328.0k $5.0m | Reduced -47.7k |
| Edgestream Partners, L.P. 0.22% of their portfolio | 295.1k $4.5m | Added +112.2k |
| AXA S.A. 0.01% of their portfolio | 265.9k $4.0m | Added +132.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 261.7k $4.0m | Added +6.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 246.9k $3.8m | Added +27.6k |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 232.9k $3.5m | Added +182.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 221.3k $3.4m | Reduced -146.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 214.2k $3.3m | Reduced -185.0k |
| Stanley-Laman Group, Ltd. 0.47% of their portfolio | 212.4k $3.2m | Added +43.5k |
| LGT CAPITAL PARTNERS LTD. 0.11% of their portfolio | 205.0k $3.1m | Reduced -335.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 203.8k $3.1m | Added +1.7k |
| CenterBook Partners LP 0.19% of their portfolio | 203.8k $3.1m | Reduced -462.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 201.0k $3.1m | Reduced -40.1k |
| 272 Capital LP 1.50% of their portfolio | 196.2k $3.0m | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 186.4k $2.8m | Added +110.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 174.8k $2.7m | Added +14.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 164.8k $2.5m | Added +95.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 164.6k $2.5m | Added +16.7k |
| GABELLI FUNDS LLC 0.02% of their portfolio | 164.6k $2.5m | Added +47.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 164.1k $2.5m | New |
| Public Sector Pension Investment Board 0.01% of their portfolio | 154.5k $2.4m | Added +10.2k |
| Trexquant Investment LP 0.04% of their portfolio | 153.1k $2.3m | Added +45.5k |
| Applied Fundamental Research, LLC 1.70% of their portfolio | 151.4k $2.3m | New |
| Swiss National Bank 0.00% of their portfolio | 145.3k $2.2m | Added +19.5k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 124.3k $1.9m | Added +12.1k |
| Marex Group Ltd 0.05% of their portfolio | 120.0k $1.8m | New |
| UBS Group AG 0.00% of their portfolio | 118.0k $1.8m | Reduced -12.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 112.7k $1.7m | Added +53.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 111.2k $1.7m | Added +24.6k |
| Nebula Research & Development LLC 0.25% of their portfolio | 101.8k $1.5m | Added +74.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.04% of their portfolio | 99.9k $1.5m | Added +35.0k |
| Atom Investors LP 0.15% of their portfolio | 98.0k $1.5m | New |
| Washington Harbour Partners LP 2.60% of their portfolio | 97.8k $1.5m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 96.5k $1.5m | Added +302 |
| Carlyle Group Inc. 0.14% of their portfolio | 93.7k $1.4m | Unchanged |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 92.8k $1.4m | Added +45.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 92.1k $1.4m | Added +56.6k |
| PDT Partners, LLC 0.13% of their portfolio | 90.6k $1.4m | Added +9.0k |
| Squarepoint Ops LLC 0.01% of their portfolio | 89.4k $1.4m | New |
| CITIGROUP INC 0.00% of their portfolio | 89.3k $1.4m | Reduced -1.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 81.9k $1.2m | Reduced -17.9k |
| FMR LLC 0.00% of their portfolio | 75.7k $1.2m | Added +56.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 75.2k $1.1m | Reduced -3.5k |
| FIL Ltd 0.00% of their portfolio | 75.0k $1.1m | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 73.0k $1.1m | Added +49.6k |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 72.9k $1.1m | Added +60.4k |
| WINTON GROUP Ltd 0.07% of their portfolio | 72.0k $1.1m | Added +4.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 71.9k $1.1m | Added +7.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 70.2k $1.1m | New |
| GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio | 68.7k $1.0m | Added +53.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 65.7k $1.0m | Reduced -36.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 58.3k $888.0k | Reduced -2.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 56.9k $865.0k | Reduced -518.1k |
| Eisler Capital (US) LLC 0.16% of their portfolio | 54.0k $821.9k | Reduced -1.0k |
| Woodline Partners LP 0.01% of their portfolio | 50.9k $774.9k | Added +31.2k |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 50.5k $768.7k | Added +2.4k |
| Amundi 0.00% of their portfolio | 50.0k $742.4k | Added +2.5k |
| Clearline Capital LP 0.07% of their portfolio | 49.8k $759.1k | New |
| Quantinno Capital Management LP 0.01% of their portfolio | 49.3k $750.6k | Reduced -3.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 48.5k $738.6k | Added +8.0k |
| Venturi Wealth Management, LLC 0.04% of their portfolio | 46.7k $710.9k | Reduced -5.6k |
| Centiva Capital, LP 0.03% of their portfolio | 46.6k $709.4k | Added +35.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 43.1k $657.0k | Added +2.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 42.4k $645.3k | Added +3.7k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 42.3k $644.2k | Added +5.0k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 41.4k $630.4k | First filing |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 41.2k $627.0k | Reduced -1.1k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 40.5k $616.8k | Added +866 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 39.4k $600.8k | Reduced -151.8k |