NETAPP INC NTAP
COM · Common Stock · CUSIP 64110D104 · ISIN US64110D1046
- SectorTechnology
- IndustryComputer Storage Devices
- HeadquartersSan Jose, CA
- Founded1992
- Websitenetapp.com
- 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 ($159.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $104.87. Options: 31 managers hold calls ($394.6m notional), 30 hold puts ($222.3m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 660 |
| Q4 2022 | 672 |
| Q1 2023 | 650 |
| Q2 2023 | 652 |
| Q3 2023 | 679 |
| Q4 2023 | 739 |
| Q1 2024 | 771 |
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 | 313 | 315 |
| Q1 2023 | 330 | 302 |
| Q2 2023 | 279 | 323 |
| Q3 2023 | 304 | 308 |
| Q4 2023 | 359 | 303 |
| Q1 2024 | 390 | 330 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $195.8m | $218.3m | 1.11 |
| Q3 2023 | $187.5m | $213.9m | 1.14 |
| Q4 2023 | $228.9m | $244.9m | 1.07 |
| Q1 2024 | $394.6m | $222.3m | 0.56 |
Biggest buyers
| MORGAN STANLEY | Added | +2.4m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +1.7m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +773.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +755.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +688.3k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +521.2k |
| TD Asset Management Inc | Added | +450.3k |
| Man Group plc | Added | +418.3k |
| NORGES BANK | Added | +414.1k |
| Andra AP-fonden | Added | +413.0k |
Biggest sellers
| FIRST TRUST ADVISORS LP | Reduced | -4.1m |
| Beutel, Goodman & Co Ltd. | Reduced | -1.5m |
| AXA S.A. | Reduced | -830.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -512.1k |
| UBS Group AG | Reduced | -505.1k |
| D. E. Shaw & Co., Inc. | Reduced | -481.4k |
| VANGUARD GROUP INC | Reduced | -476.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -402.5k |
| ROYAL BANK OF CANADA | Reduced | -326.7k |
| BARCLAYS PLC | Reduced | -320.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $90.6m863.2k shares |
| CITADEL ADVISORS LLC | Added | $54.3m517.0k shares |
| PEAK6 Investments LLC | Added | $48.4m461.5k shares |
| JANE STREET GROUP, LLC | Added | $47.2m449.8k shares |
| SIMPLEX TRADING, LLC | Added | $41.2m392.9k shares |
| UBS Group AG | Added | $13.9m132.5k shares |
| WOLVERINE TRADING, LLC | Added | $13.5m128.4k shares |
| JPMORGAN CHASE & CO | Added | $12.9m122.8k shares |
| CITIGROUP INC | New | $10.7m102.0k shares |
| Walleye Trading LLC | Reduced | $10.3m98.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $41.8m397.8k shares |
| CITADEL ADVISORS LLC | Reduced | $38.1m362.7k shares |
| UBS Group AG | Added | $19.6m186.5k shares |
| JPMORGAN CHASE & CO | Reduced | $12.8m121.6k shares |
| CITIGROUP INC | New | $12.4m118.0k shares |
| Balyasny Asset Management L.P. | Unchanged | $12.3m116.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.0m95.1k shares |
| PEAK6 Investments LLC | Added | $9.9m94.2k shares |
| Eisler Capital (UK) Ltd. | Reduced | $7.7m72.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $7.6m72.2k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 9.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), PRIMECAP MANAGEMENT CO/CA/ (4.8%, 2025-11-14)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2022 | 1 | $360.2k | 2 | $1.9m | — |
| Q3 2022 | 0 | — | 2 | $1.7m | — |
| Q4 2022 | 0 | — | 3 | $1.6m | — |
| Q1 2023 | 0 | — | 2 | $2.0m | — |
| Q2 2023 | 0 | — | 2 | $956.9k | $811.7k |
| Q3 2023 | 0 | — | 5 | $4.1m | $3.0m |
| Q4 2023 | 0 | — | 4 | $3.0m | $3.0m |
| Q1 2024 | 0 | — | 4 | $5.8m | $5.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-19 | Kurian George CEO, director | Sold plan | $862.2k8.5k shares |
| 2024-03-13 | BERRY MICHAEL J EVP, CFO · The Berry Family Trust | Sold plan | $765.0k7.5k shares |
| 2024-03-12 | BERRY MICHAEL J EVP, CFO · The Berry Family Trust | Sold plan | $770.6k7.5k shares |
| 2024-03-11 | O'Callahan Elizabeth M EVP, Chief Legal Officer | Sold plan | $89.6k871 shares |
| 2024-02-12 | O'Callahan Elizabeth M EVP, Chief Legal Officer | Sold | $78.4k871 shares |
| 2024-01-10 | BERRY MICHAEL J EVP Finance & Operations, CFO · The Berry Trust | Sold plan | $648.0k7.5k shares |
| 2024-01-10 | O'Callahan Elizabeth M EVP, Chief Legal Officer | Sold plan | $75.1k871 shares |
| 2024-01-09 | BERRY MICHAEL J EVP Finance & Operations, CFO · The Berry Trust | Sold plan | $643.6k7.5k shares |
| 2024-01-02 | CERNUDA CESAR President | Sold plan | $1.9m22.0k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 25.6m $2.7bn | Reduced -476.9k |
| BlackRock Inc. 0.05% of their portfolio | 18.7m $2.0bn | Reduced -189.0k |
| PRIMECAP MANAGEMENT CO/CA/ 1.14% of their portfolio | 14.5m $1.5bn | Reduced -204.9k |
| STATE STREET CORP 0.04% of their portfolio | 9.6m $1.0bn | Reduced -210.6k |
| MORGAN STANLEY 0.02% of their portfolio | 7.6m $803.0m | Added +2.4m |
| Capital International Investors 0.11% of their portfolio | 5.3m $555.5m | Added +888 |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 5.3m $551.6m | Reduced -47.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 5.0m $526.3m | Added +109.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.33% of their portfolio | 3.4m $355.1m | Added +688.3k |
| NORGES BANK 0.05% of their portfolio | 3.1m $320.3m | Added +414.1k |
| Beutel, Goodman & Co Ltd. 1.55% of their portfolio | 2.9m $301.7m | Reduced -1.5m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.8m $292.1m | Added +54.2k |
| Invesco Ltd. 0.06% of their portfolio | 2.5m $265.0m | Reduced -207.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.87% of their portfolio | 2.4m $249.3m | Added +773.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 2.4m $247.1m | Reduced -14.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.83% of their portfolio | 2.3m $241.9m | Added +1.7m |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.2m $230.2m | Reduced -44.4k |
| TD Asset Management Inc 0.21% of their portfolio | 2.1m $225.5m | Added +450.3k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.1m $215.9m | Reduced -512.1k |
| Legal & General Group Plc 0.06% of their portfolio | 2.0m $210.8m | Reduced -43.8k |
| Epoch Investment Partners, Inc. 0.93% of their portfolio | 2.0m $208.1m | Added +211.2k |
| Amundi 0.08% of their portfolio | 1.9m $197.5m | Reduced -144.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.8m $189.9m | Added +1.1k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.7m $178.4m | Reduced -107.0k |
| Allianz Asset Management GmbH 0.28% of their portfolio | 1.6m $168.8m | Added +315.5k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 2.77% of their portfolio | 1.6m $166.2m | Reduced -6.8k |
| LORD, ABBETT & CO. LLC 0.27% of their portfolio | 1.6m $165.5m | Added +28.9k |
| FIRST TRUST ADVISORS LP 0.17% of their portfolio | 1.6m $165.2m | Reduced -4.1m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.5m $161.7m | Added +20.9k |
| Boston Partners 0.17% of their portfolio | 1.4m $142.9m | Added +41.0k |
| California Public Employees Retirement System 0.09% of their portfolio | 1.3m $131.8m | Reduced -14.9k |
| Qube Research & Technologies Ltd 0.22% of their portfolio | 1.2m $121.6m | Reduced -138.5k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 1.1m $120.5m | Added +82.2k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.1m $118.8m | Added +755.5k |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 1.0m $108.1m | Added +1.7k |
| AustralianSuper Pty Ltd 0.56% of their portfolio | 906.0k $95.2m | Added +96.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio | 868.8k $91.2m | Reduced -402.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 862.1k $90.5m | Reduced -326.7k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 1.40% of their portfolio | 821.8k $86.3m | Reduced -20.5k |
| CREDIT SUISSE AG/ 0.08% of their portfolio | 817.9k $85.9m | Reduced -16.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.10% of their portfolio | 817.8k $85.8m | Added +14.7k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 753.7k $79.1m | Added +9.5k |
| Robeco Institutional Asset Management B.V. 0.17% of their portfolio | 751.3k $78.9m | Added +265.1k |
| LSV ASSET MANAGEMENT 0.16% of their portfolio | 742.7k $78.0m | Added +115.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.28% of their portfolio | 726.5k $76.3m | Reduced -260.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 704.7k $74.0m | Added +201.8k |
| Man Group plc 0.19% of their portfolio | 689.6k $72.4m | Added +418.3k |
| ARIEL INVESTMENTS, LLC 0.68% of their portfolio | 662.7k $69.6m | Reduced -267.0k |
| AXA S.A. 0.21% of their portfolio | 657.8k $69.0m | Reduced -830.5k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 648.8k $68.1m | Added +6.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 642.7k $67.5m | Added +104.0k |
| Swiss National Bank 0.05% of their portfolio | 617.0k $64.8m | Reduced -35.9k |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 600.1k $63.0m | Reduced -7.2k |
| PANAGORA ASSET MANAGEMENT INC 0.32% of their portfolio | 577.0k $60.6m | Reduced -2.5k |
| TWO SIGMA ADVISERS, LP 0.14% of their portfolio | 564.5k $59.3m | Reduced -112.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 561.6k $59.0m | Added +1.3k |
| SEIZERT CAPITAL PARTNERS, LLC 2.64% of their portfolio | 545.8k $57.3m | Reduced -135.6k |
| BROWN ADVISORY INC 0.08% of their portfolio | 544.4k $57.1m | Reduced -245.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.70% of their portfolio | 543.8k $57.1m | Added +521.2k |
| FMR LLC 0.00% of their portfolio | 538.9k $56.6m | Added +115.6k |
| UBS Group AG 0.02% of their portfolio | 536.9k $56.4m | Reduced -505.1k |
| Andra AP-fonden 1.00% of their portfolio | 535.0k $56.2m | Added +413.0k |
| Skandinaviska Enskilda Banken AB (publ) 0.27% of their portfolio | 532.7k $55.9m | Added +184.0k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 527.1k $55.4m | Added +198.6k |
| BARCLAYS PLC 0.02% of their portfolio | 516.1k $54.2m | Reduced -320.9k |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 511.9k $53.7m | Reduced -481.4k |
| Boston Trust Walden Corp 0.37% of their portfolio | 495.1k $52.0m | Reduced -2.7k |
| Mariner, LLC 0.10% of their portfolio | 479.9k $50.4m | Added +16.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 477.8k $50.2m | Added +75.0k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 463.5k $48.7m | Added +16.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 456.1k $47.9m | Added +219.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 454.6k $47.7m | Added +26.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 453.8k $47.6m | Added +98.4k |
| Cubist Systematic Strategies, LLC 0.52% of their portfolio | 437.2k $45.9m | Added +174.1k |
| National Pension Service 0.05% of their portfolio | 431.2k $45.3m | Reduced -3.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.19% of their portfolio | 426.3k $44.7m | Added +195.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 394.0k $41.4m | Added +111.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.14% of their portfolio | 391.9k $41.1m | Reduced -9.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 379.5k $39.8m | Reduced -33.8k |
| HRT FINANCIAL LP 0.25% of their portfolio | 378.3k $39.7m | Added +176.6k |
| CITIGROUP INC 0.04% of their portfolio | 377.6k $39.6m | Added +34.7k |
| Artisan Partners Limited Partnership 0.06% of their portfolio | 361.0k $37.9m | Reduced -44.0k |
| DekaBank Deutsche Girozentrale 0.07% of their portfolio | 353.9k $36.6m | Reduced -21.9k |
| Railway Pension Investments Ltd 0.36% of their portfolio | 352.5k $37.0m | Added +19.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 346.6k $36.4m | Added +2.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 345.2k $36.2m | Added +61.0k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 343.2k $36.0m | Added +133.8k |
| APG Asset Management N.V. 0.06% of their portfolio | 341.9k $33.2m | Reduced -67.5k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 336.8k $35.4m | Reduced -128.1k |
| DANSKE BANK A/S 0.11% of their portfolio | 331.6k $34.8m | First filing |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 325.0k $34.1m | Added +312.0k |
| Bridgewater Associates, LP 0.16% of their portfolio | 305.1k $32.0m | Added +127.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio | 303.3k $32.0m | Reduced -13.7k |
| NATIONAL BANK OF CANADA /FI/ 0.06% of their portfolio | 301.7k $32.7m | Added +208.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 299.0k $31.4m | Added +8.0k |
| Twin Tree Management, LP 0.70% of their portfolio | 294.9k $31.0m | Added +214.6k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 293.7k $30.8m | Added +125.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 293.5k $18.7m | Added +48.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 291.2k $30.7m | Reduced -164.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 281.7k $29.6m | Added +7.7k |