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 ($263.2m this quarter). Holder counts are more reliable. Shares outstanding: 197.3m as of 2026-02-20, 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 ≈ $102.35. Options: 19 managers hold calls ($111.1m notional), 20 hold puts ($46.5m).
Trends to Q1 2026
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 |
| Q3 2025 | 879 |
| Q4 2025 | 904 |
| Q1 2026 | 862 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 456 | 328 |
| Q3 2024 | 419 | 390 |
| Q4 2024 | 423 | 366 |
| Q1 2025 | 389 | 455 |
| Q2 2025 | 457 | 382 |
| Q3 2025 | 414 | 382 |
| Q4 2025 | 381 | 425 |
| Q1 2026 | 407 | 436 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $193.4m | $134.9m | 0.70 |
| Q3 2025 | $207.9m | $140.9m | 0.68 |
| Q4 2025 | $183.7m | $126.5m | 0.69 |
| Q1 2026 | $111.1m | $46.5m | 0.42 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +2.0m |
| SG Americas Securities, LLC | Added | +1.1m |
| CITIGROUP INC | Added | +821.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +731.6k |
| Invesco Ltd. | Added | +721.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +675.5k |
| JPMORGAN CHASE & CO | Added | +614.8k |
| KBC Group NV | Added | +555.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +471.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +420.3k |
Biggest sellers
| Skandinaviska Enskilda Banken AB (publ) | Sold out | -900.3k |
| LORD, ABBETT & CO. LLC | Sold out | -680.6k |
| HSBC HOLDINGS PLC | Reduced | -671.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -655.4k |
| Andra AP-fonden | Reduced | -561.9k |
| BlackRock, Inc. | Reduced | -494.0k |
| TWO SIGMA ADVISERS, LP | Sold out | -411.7k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -409.7k |
| NATIXIS | Reduced | -374.5k |
| D. E. Shaw & Co., Inc. | Reduced | -348.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $63.7m622.1k shares |
| IMC-Chicago, LLC | Added | $13.2m128.8k shares |
| CITADEL ADVISORS LLC | Reduced | $11.8m115.2k shares |
| JANE STREET GROUP, LLC | Reduced | $4.6m45.0k shares |
| Oribel Capital Management, LP | New | $4.2m41.2k shares |
| Walleye Trading LLC | Reduced | $3.4m33.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.1m30.5k shares |
| GROUP ONE TRADING LLC | Reduced | $2.0m19.1k shares |
| Verition Fund Management LLC | New | $1.2m11.3k shares |
| Squarepoint Ops LLC | Added | $921.5k9.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.0m137.0k shares |
| CITADEL ADVISORS LLC | Reduced | $7.5m73.7k shares |
| IMC-Chicago, LLC | Added | $5.8m56.4k shares |
| JANE STREET GROUP, LLC | Added | $5.4m52.9k shares |
| Walleye Trading LLC | Reduced | $5.2m50.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.9m18.4k shares |
| Verition Fund Management LLC | Added | $1.8m17.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.2m11.3k shares |
| Squarepoint Ops LLC | Added | $808.9k7.9k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $767.9k7.5k 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 Q1 2026
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 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 |
| Q3 2025 | 0 | — | 3 | $3.4m | $2.3m |
| Q4 2025 | 0 | — | 2 | $389.4k | $389.4k |
| Q1 2026 | 0 | — | 2 | $335.3k | $335.3k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-10 | O'Callahan Elizabeth M EVP, Chief Admin. Officer | Sold plan | $100.7k1.0k shares |
| 2026-02-17 | De Lorenzo Daniel VP, Controller & CAO | Sold plan | $25.7k252 shares |
| 2026-02-10 | O'Callahan Elizabeth M EVP, Chief Admin. Officer | Sold plan | $103.5k1.0k shares |
| 2026-01-12 | O'Callahan Elizabeth M EVP, Chief Admin. Officer | Sold plan | $105.5k1.0k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.04% of their portfolio | 19.9m $2.0bn | Reduced -494.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.07% of their portfolio | 12.7m $1.3bn | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 12.5m $1.3bn | First filing |
| STATE STREET CORP 0.04% of their portfolio | 10.0m $1.0bn | Reduced -168.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.73% of their portfolio | 9.1m $927.4m | Reduced -10.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 6.4m $660.2m | Added +128.1k |
| AMERIPRISE FINANCIAL INC 0.14% of their portfolio | 6.0m $614.4m | Reduced -217.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 4.7m $478.2m | Added +138.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 4.1m $415.7m | Reduced -67.2k |
| Invesco Ltd. 0.04% of their portfolio | 3.9m $398.5m | Added +721.8k |
| CITIGROUP INC 0.25% of their portfolio | 3.8m $386.7m | Added +821.7k |
| FIRST TRUST ADVISORS LP 0.27% of their portfolio | 3.7m $374.5m | Added +2.0m |
| Beutel, Goodman & Co Ltd. 2.53% of their portfolio | 3.6m $373.0m | Added +291.0k |
| Boston Partners 0.39% of their portfolio | 3.6m $367.7m | Added +281.6k |
| MORGAN STANLEY 0.02% of their portfolio | 3.0m $310.8m | Added +78.7k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.9m $295.3m | Reduced -88.9k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.8m $290.5m | Reduced -45.7k |
| LYRICAL ASSET MANAGEMENT LP 3.95% of their portfolio | 2.5m $258.8m | Reduced -75.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 2.2m $226.3m | Added +341.6k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.1m $218.1m | Added +30.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.0m $200.3m | Added +136.8k |
| Pacer Advisors, Inc. 0.53% of their portfolio | 1.8m $186.1m | Added +193.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.8m $179.7m | Added +614.8k |
| Epoch Investment Partners, Inc. 1.08% of their portfolio | 1.7m $178.6m | Added +106.6k |
| Legal & General Group Plc 0.04% of their portfolio | 1.7m $176.0m | Reduced -55.8k |
| TD Asset Management Inc 0.13% of their portfolio | 1.6m $164.1m | Added +116.1k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.4m $147.3m | Reduced -4.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.4m $138.9m | Added +37.7k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.4m $138.7m | Reduced -114.6k |
| SG Americas Securities, LLC 0.15% of their portfolio | 1.3m $136.1m | Added +1.1m |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 1.3m $132.7m | Reduced -409.7k |
| FMR LLC 0.01% of their portfolio | 1.3m $131.5m | Added +402.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.53% of their portfolio | 1.3m $131.2m | Added +675.5k |
| Amundi 0.04% of their portfolio | 1.3m $129.5m | Added +148.9k |
| UBS Group AG 0.02% of their portfolio | 1.2m $126.3m | Added +196.2k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.2m $123.4m | Added +187.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.44% of their portfolio | 1.1m $114.7m | Added +420.3k |
| VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio | 1.1m $111.8m | First filing |
| Allianz Asset Management GmbH 0.12% of their portfolio | 1.0m $106.4m | Reduced -89.3k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 1.0m $104.3m | Reduced -671.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 988.9k $101.3m | Reduced -655.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.16% of their portfolio | 930.4k $95.3m | Added +731.6k |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 908.3k $93.0m | Added +73.5k |
| Nuveen, LLC 0.02% of their portfolio | 881.2k $90.2m | Added +366.8k |
| SEB Asset Management AB 0.38% of their portfolio | 878.8k $90.0m | First filing |
| EDMOND DE ROTHSCHILD HOLDING S.A. 1.25% of their portfolio | 846.5k $86.7m | Added +15.9k |
| SEI INVESTMENTS CO 0.08% of their portfolio | 803.5k $82.3m | Added +144.8k |
| KBC Group NV 0.20% of their portfolio | 791.8k $81.1m | Added +555.4k |
| Retirement Systems of Alabama 0.27% of their portfolio | 783.0k $80.2m | Reduced -405 |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 739.9k $75.8m | Added +93.6k |
| LSV ASSET MANAGEMENT 0.14% of their portfolio | 652.2k $66.8m | Added +107.0k |
| Robeco Institutional Asset Management B.V. 0.09% of their portfolio | 635.4k $65.1m | Added +378.0k |
| Boston Trust Walden Corp 0.53% of their portfolio | 631.5k $64.7m | Added +142.1k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 625.7k $64.1m | Reduced -12.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 625.3k $64.0m | Added +150.6k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.41% of their portfolio | 622.2k $63.7m | First filing |
| Gotham Asset Management, LLC 0.19% of their portfolio | 613.6k $62.8m | Added +130.2k |
| BARCLAYS PLC 0.02% of their portfolio | 590.4k $60.4m | Added +89.3k |
| Swiss National Bank 0.03% of their portfolio | 581.3k $59.5m | Added +35.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 568.8k $58.2m | Reduced -127.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 1.07% of their portfolio | 566.5k $58.0m | Added +26.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 562.0k $60.2m | Added +150.2k |
| Vinva Investment Management Ltd 0.68% of their portfolio | 540.2k $54.9m | Added +23.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 536.4k $54.9m | Added +28.7k |
| Caisse de depot et placement du Quebec 0.09% of their portfolio | 532.2k $54.5m | Added +106.8k |
| Mariner, LLC 0.06% of their portfolio | 526.3k $53.9m | Reduced -51.5k |
| Railway Pension Investments Ltd 0.75% of their portfolio | 515.1k $52.7m | Reduced -74.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 508.3k $52.0m | Added +471.8k |
| SEIZERT CAPITAL PARTNERS, LLC 2.32% of their portfolio | 493.1k $50.5m | Reduced -12.5k |
| Man Group plc 0.10% of their portfolio | 492.8k $50.5m | Added +218.6k |
| PANAGORA ASSET MANAGEMENT INC 0.18% of their portfolio | 469.5k $48.1m | Added +239.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 466.2k $47.7m | Added +26.5k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 461.1k $47.2m | Reduced -283 |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 460.3k $47.1m | Reduced -64.9k |
| Eurizon Capital SGR S.p.A. 0.15% of their portfolio | 460.2k $47.1m | Added +57.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 456.4k $46.7m | Reduced -21.0k |
| PFA Pension, Forsikringsaktieselskab 0.14% of their portfolio | 454.8k $46.6m | Added +46.1k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 449.4k $46.0m | Reduced -706 |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 444.3k $45.5m | First filing |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 433.6k $44.4m | Added +102.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 419.6k $43.0m | Added +174.0k |
| NATIXIS 0.15% of their portfolio | 377.5k $38.7m | Reduced -374.5k |
| DekaBank Deutsche Girozentrale 0.06% of their portfolio | 357.4k $36.8m | Unchanged |
| California Public Employees Retirement System 0.02% of their portfolio | 357.3k $36.6m | Reduced -155.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.03% of their portfolio | 357.0k $36.6m | First filing |
| TCW GROUP INC 0.27% of their portfolio | 351.0k $35.9m | Reduced -209.9k |
| SHELTON CAPITAL MANAGEMENT 0.78% of their portfolio | 349.5k $35.8m | Added +44.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 341.4k $34.2m | Added +14.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 323.6k $33.1m | Added +19.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 323.1k $33.1m | Added +145.1k |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 315.9k $32.3m | Reduced -26.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 309.5k $31.7m | Reduced -53.7k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.05% of their portfolio | 308.5k $31.6m | Added +34.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 308.1k $31.5m | Reduced -8.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 267.3k $27.4m | Added +5.2k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.20% of their portfolio | 255.7k $26.2m | Added +33.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 251.7k $25.8m | Reduced -2.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 251.5k $25.7m | Reduced -9.4k |
| APG Asset Management N.V. 0.07% of their portfolio | 250.5k $22.3m | Reduced -18.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 249.7k $25.6m | Added +6.6k |