NetApp
NTAP
481 hedge funds and large institutions have $10.5B invested in NetApp in 2014 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 157 increasing their positions, 204 reducing their positions, and 63 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
1% more call options, than puts
Call options by funds: $113M | Put options by funds: $112M
4% less funds holding
Funds holding: 499 → 481 (-18)
16% less capital invested
Capital invested by funds: $12.5B → $10.5B (-$2B)
17% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 63
23% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 204
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$267M |
| 2 |
IC
Institutional Capital
Chicago,
Illinois
|
+$240M |
| 3 |
Goldman Sachs
New York
|
+$149M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$128M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$59.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$442M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$410M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$194M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$119M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$110M |
NTAP Hedge Fund Activity: Q1 2014 in Review
481 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in NetApp (NTAP) for Q1 2014, worth a combined $10.5B — down 16% from $12.5B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of NTAP and 52 opened new positions — a net loss of 11 holders — while 204 trimmed existing stakes and 157 added.
The largest buyer was Primecap Management, adding an estimated $267M. The largest seller was Elliott Management, exiting entirely with an estimated $442M sold.
- 481 institutional investors held NetApp (NTAP) as of Q1 2014, down from 499 in Q4 2013.
- Funds reported $10.5B of NetApp stock for Q1 2014, down 16% quarter-over-quarter.
- 52 funds opened new NetApp positions in Q1 2014 and 63 closed out, a net change of -11 holders.
- The largest NetApp buyer in Q1 2014 was Primecap Management, an estimated $267M added.
- The largest NetApp seller in Q1 2014 was Elliott Management, an estimated $442M sold.
Based on aggregated 13F filings for Q1 2014.