NetApp
NTAP
648 hedge funds and large institutions have $12.4B invested in NetApp in 2023 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 257 increasing their positions, 217 reducing their positions, and 87 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 217
5% more capital invested
Capital invested by funds: $11.8B → $12.4B (+$617M)
1.13% more ownership
Funds ownership: 90.17% → 91.3% (+1.1%)
5% less call options, than puts
Call options by funds: $159M | Put options by funds: $167M
4% less funds holding
Funds holding: 672 → 648 (-24)
11% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$167M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$71.7M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$57.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$50.1M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$48.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$206M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$183M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$173M |
| 4 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$40.9M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$39.2M |
NTAP Hedge Fund Activity: Q1 2023 in Review
648 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NetApp (NTAP) for Q1 2023, worth a combined $12.4B — up 5.2% from $11.8B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of NTAP and 77 opened new positions — a net loss of 10 holders — while 217 trimmed existing stakes and 257 added.
The largest buyer was First Trust Advisors, adding an estimated $167M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $206M sold.
- 648 institutional investors held NetApp (NTAP) as of Q1 2023, down from 672 in Q4 2022.
- Funds reported $12.4B of NetApp stock for Q1 2023, up 5.2% quarter-over-quarter.
- 77 funds opened new NetApp positions in Q1 2023 and 87 closed out, a net change of -10 holders.
- The largest NetApp buyer in Q1 2023 was First Trust Advisors, an estimated $167M added.
- The largest NetApp seller in Q1 2023 was Arete Wealth Advisors, an estimated $206M sold.
Based on aggregated 13F filings for Q1 2023.