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 ($100.0m this quarter). Holder counts are more reliable. Shares outstanding: 200.4m as of 2025-05-29, 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 ≈ $106.43. Options: 27 managers hold calls ($193.4m notional), 22 hold puts ($134.9m).
Trends to Q2 2025
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 |
| Q2 2024 | 825 |
| Q3 2024 | 840 |
| Q4 2024 | 880 |
| Q1 2025 | 831 |
| Q2 2025 | 847 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 304 | 308 |
| Q4 2023 | 359 | 303 |
| Q1 2024 | 390 | 330 |
| Q2 2024 | 456 | 328 |
| Q3 2024 | 419 | 390 |
| Q4 2024 | 423 | 366 |
| Q1 2025 | 389 | 455 |
| Q2 2025 | 457 | 382 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $371.8m | $270.3m | 0.73 |
| Q4 2024 | $292.1m | $223.6m | 0.77 |
| Q1 2025 | $164.0m | $161.0m | 0.98 |
| Q2 2025 | $193.4m | $134.9m | 0.70 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.2m |
| Boston Partners | Added | +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.0m |
| JPMORGAN CHASE & CO | Added | +768.9k |
| BANK OF AMERICA CORP /DE/ | Added | +700.5k |
| VANGUARD GROUP INC | Added | +686.2k |
| Alyeska Investment Group, L.P. | New | +656.1k |
| GOLDMAN SACHS GROUP INC | Added | +633.1k |
| ROYAL BANK OF CANADA | Added | +569.7k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +512.7k |
Biggest sellers
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -776.8k |
| Allianz Asset Management GmbH | Reduced | -733.8k |
| Freestone Grove Partners LP | Sold out | -552.2k |
| Woodline Partners LP | Reduced | -511.2k |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -428.0k |
| BlackRock, Inc. | Reduced | -388.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -382.9k |
| AXA S.A. | Reduced | -363.4k |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -335.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -307.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $47.6m446.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $39.9m374.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.5m107.5k shares |
| Walleye Trading LLC | Added | $10.9m102.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.3m87.7k shares |
| Twin Tree Management, LP | Reduced | $8.5m79.6k shares |
| Squarepoint Ops LLC | Reduced | $8.2m76.8k shares |
| IMC-Chicago, LLC | Reduced | $8.2m76.7k shares |
| WOLVERINE TRADING, LLC | New | $8.0m75.7k shares |
| GROUP ONE TRADING LLC | Added | $7.1m66.7k shares |
Biggest puts
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $21.8m2.0k shares |
| Squarepoint Ops LLC | Added | $13.9m130.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.8m129.6k shares |
| Walleye Capital LLC | Added | $11.8m110.6k shares |
| Walleye Trading LLC | Added | $10.6m99.9k shares |
| PEAK6 LLC | Reduced | $7.8m73.2k shares |
| CITADEL ADVISORS LLC | Reduced | $7.6m71.3k shares |
| SIMPLEX TRADING, LLC | Added | $7.0m66.1k shares |
| Qube Research & Technologies Ltd | Added | $5.7m53.3k shares |
| WOLVERINE TRADING, LLC | New | $5.6m52.5k 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 Q2 2025
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 2023 | 0 | — | 5 | $4.1m | $3.0m |
| Q4 2023 | 0 | — | 4 | $3.0m | $3.0m |
| Q1 2024 | 0 | — | 4 | $5.8m | $5.8m |
| Q2 2024 | 0 | — | 6 | $14.2m | $10.6m |
| Q3 2024 | 0 | — | 6 | $8.4m | $8.4m |
| Q4 2024 | 0 | — | 6 | $8.2m | $8.2m |
| Q1 2025 | 1 | $499.6k | 5 | $13.1m | $13.1m |
| Q2 2025 | 0 | — | 3 | $2.6m | $2.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-16 | Kurian George CEO, director | Sold plan | $865.1k8.5k shares |
| 2025-06-10 | O'Callahan Elizabeth M EVP, Chief Admin. Officer | Sold plan | $54.4k528 shares |
| 2025-06-03 | De Lorenzo Daniel VP, Controller & CAO | Sold plan | $29.8k302 shares |
| 2025-05-19 | Kurian George CEO, director | Sold plan | $850.1k8.5k shares |
| 2025-05-16 | De Lorenzo Daniel VP, Controller & CAO | Sold plan | $32.6k326 shares |
| 2025-05-12 | O'Callahan Elizabeth M EVP, Chief Admin. Officer | Sold plan | $44.1k452 shares |
| 2025-04-21 | Kurian George CEO, director | Sold plan | $695.6k8.5k shares |
| 2025-04-10 | O'Callahan Elizabeth M EVP, Chief Admin. Officer | Sold plan | $37.5k451 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 27.7m $3.0bn | Added +686.2k |
| BlackRock, Inc. 0.04% of their portfolio | 22.0m $2.3bn | Reduced -388.3k |
| PRIMECAP MANAGEMENT CO/CA/ 0.94% of their portfolio | 11.2m $1.2bn | Reduced -335.2k |
| STATE STREET CORP 0.04% of their portfolio | 10.4m $1.1bn | Added +8.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 7.1m $756.7m | Added +1.0m |
| AMERIPRISE FINANCIAL INC 0.18% of their portfolio | 6.9m $734.8m | Reduced -200.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 4.2m $447.2m | Added +4.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 3.8m $402.3m | Added +228.7k |
| Beutel, Goodman & Co Ltd. 2.15% of their portfolio | 3.5m $377.7m | Reduced -96.2k |
| Invesco Ltd. 0.06% of their portfolio | 3.3m $348.5m | Reduced -236.4k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.3m $347.9m | Added +633.1k |
| Boston Partners 0.35% of their portfolio | 2.9m $314.0m | Added +1.5m |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.9m $306.1m | Added +59.2k |
| MORGAN STANLEY 0.02% of their portfolio | 2.9m $303.7m | Added +298.4k |
| NORGES BANK 0.04% of their portfolio | 2.6m $281.1m | Reduced -43.4k |
| Amundi 0.08% of their portfolio | 2.4m $237.3m | Added +182.3k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.3m $240.5m | Added +768.9k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.1m $221.5m | Added +113.9k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.0m $213.4m | Added +569.7k |
| Legal & General Group Plc 0.05% of their portfolio | 2.0m $212.6m | Reduced -73.7k |
| TD Asset Management Inc 0.17% of their portfolio | 1.8m $193.8m | Added +42.6k |
| Epoch Investment Partners, Inc. 1.00% of their portfolio | 1.8m $192.9m | Added +66.0k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 1.8m $189.8m | Added +76.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 1.7m $176.3m | Added +512.7k |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 1.6m $168.5m | Added +208.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.5m $164.6m | Added +700.5k |
| UBS Group AG 0.03% of their portfolio | 1.4m $144.6m | Added +48.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.3m $138.8m | Added +19.4k |
| Allianz Asset Management GmbH 0.18% of their portfolio | 1.3m $136.4m | Reduced -733.8k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 1.1m $114.2m | Added +381.3k |
| Squarepoint Ops LLC 0.24% of their portfolio | 1.0m $110.4m | Added +369.5k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 990.3k $105.5m | Reduced -179.3k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 1.62% of their portfolio | 952.8k $101.5m | Added +138.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 936.8k $99.8m | Added +176.4k |
| FEDERATED HERMES, INC. 0.18% of their portfolio | 893.8k $95.2m | Reduced -202.4k |
| Pacer Advisors, Inc. 0.24% of their portfolio | 875.9k $93.3m | Reduced -192.8k |
| Skandinaviska Enskilda Banken AB (publ) 0.40% of their portfolio | 861.2k $91.7m | Reduced -206.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.31% of their portfolio | 832.3k $88.7m | Added +389.6k |
| Andra AP-fonden 1.17% of their portfolio | 789.2k $84.1m | Added +80.1k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 780.5k $83.1m | Reduced -227.1k |
| LORD, ABBETT & CO. LLC 0.26% of their portfolio | 757.1k $80.7m | Added +52.8k |
| Retirement Systems of Alabama 0.27% of their portfolio | 700.1k $74.6m | Added +180.4k |
| KBC Group NV 0.20% of their portfolio | 697.4k $74.3m | Reduced -179.0k |
| Alyeska Investment Group, L.P. 0.25% of their portfolio | 656.1k $69.9m | New |
| BARCLAYS PLC 0.03% of their portfolio | 629.1k $67.0m | Reduced -127.2k |
| Swiss National Bank 0.04% of their portfolio | 624.8k $66.6m | Added +51.4k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 1.13% of their portfolio | 595.8k $63.5m | Added +20.6k |
| FMR LLC 0.00% of their portfolio | 590.9k $63.0m | Added +170.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 574.5k $61.2m | Added +15.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.14% of their portfolio | 560.9k $59.8m | Reduced -1.3k |
| Mariner, LLC 0.08% of their portfolio | 544.9k $58.1m | Added +25.8k |
| Nuveen, LLC 0.02% of their portfolio | 542.5k $57.8m | Added +17.7k |
| Boston Trust Walden Corp 0.41% of their portfolio | 540.8k $57.6m | Added +42.3k |
| LSV ASSET MANAGEMENT 0.13% of their portfolio | 538.5k $57.4m | Reduced -13.4k |
| SEIZERT CAPITAL PARTNERS, LLC 2.44% of their portfolio | 521.5k $55.6m | Added +75.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 504.9k $53.8m | Reduced -241.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 503.8k $53.7m | Reduced -5.2k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 467.6k $49.8m | Reduced -100.0k |
| Clark Capital Management Group, Inc. 0.34% of their portfolio | 456.1k $48.6m | Reduced -261.5k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 451.4k $48.1m | Reduced -129.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.10% of their portfolio | 441.5k $47.0m | Reduced -776.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 412.7k $44.0m | Reduced -6.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 401.5k $42.8m | Added +31.0k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 397.4k $42.3m | Reduced -67.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.16% of their portfolio | 380.7k $40.6m | New |
| California Public Employees Retirement System 0.02% of their portfolio | 362.3k $38.6m | Added +20.2k |
| AustralianSuper Pty Ltd 0.19% of their portfolio | 360.2k $38.4m | Reduced -20.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 358.3k $38.2m | Reduced -76.4k |
| DekaBank Deutsche Girozentrale 0.07% of their portfolio | 357.4k $37.4m | Added +3.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 357.0k $38.0m | Reduced -2.7k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 354.0k $37.7m | Reduced -11.9k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 347.9k $37.1m | Reduced -153.4k |
| ARIEL INVESTMENTS, LLC 0.42% of their portfolio | 344.7k $36.7m | Added +60.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 341.5k $36.4m | Added +15.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 338.0k $36.0m | Reduced -161.2k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 337.8k $36.0m | Reduced -139.2k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 337.5k $36.0m | Added +41.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 336.3k $35.8m | Added +6.5k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 334.7k $35.7m | Reduced -148.9k |
| TCW GROUP INC 0.28% of their portfolio | 333.4k $35.5m | Reduced -77.1k |
| DANSKE BANK A/S 0.09% of their portfolio | 331.7k $35.3m | Added +226.1k |
| Gotham Asset Management, LLC 0.21% of their portfolio | 325.7k $34.7m | Added +210.5k |
| Railway Pension Investments Ltd 0.49% of their portfolio | 324.9k $34.6m | Added +6.6k |
| Bridgewater Associates, LP 0.13% of their portfolio | 308.1k $32.8m | Added +291.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 300.8k $32.0m | Added +69.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.26% of their portfolio | 298.1k $31.8m | Added +282.3k |
| APG Asset Management N.V. 0.08% of their portfolio | 295.5k $26.8m | Added +5.3k |
| CITIGROUP INC 0.02% of their portfolio | 293.4k $31.3m | Reduced -23.9k |
| SG Americas Securities, LLC 0.14% of their portfolio | 292.8k $31.2m | Added +268.0k |
| PANAGORA ASSET MANAGEMENT INC 0.14% of their portfolio | 285.3k $30.4m | Reduced -22.3k |
| TODD ASSET MANAGEMENT LLC 0.65% of their portfolio | 283.2k $30.2m | New |
| Moran Wealth Management, LLC 0.93% of their portfolio | 282.9k $30.1m | Added +79.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.06% of their portfolio | 278.1k $29.6m | Added +5.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.20% of their portfolio | 274.4k $29.2m | Unchanged |
| Brandywine Global Investment Management, LLC 0.20% of their portfolio | 267.5k $28.5m | Added +196.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 265.4k $28.3m | Reduced -219.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 265.0k $28.2m | Reduced -17.2k |
| AXA S.A. 0.08% of their portfolio | 264.2k $28.2m | Reduced -363.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 261.0k $27.8m | Reduced -31.6k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 257.4k $27.4m | Reduced -23.2k |