NetApp
NTAP
674 hedge funds and large institutions have $14.1B invested in NetApp in 2023 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 228 increasing their positions, 255 reducing their positions, and 51 closing their positions.
65% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 51
4% more funds holding
Funds holding: 650 → 674 (+24)
2.84% less ownership
Funds ownership: 91.76% → 88.91% (-2.8%)
5% less capital invested
Capital invested by funds: $14.9B → $14.1B (-$777M)
11% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 255
12% less call options, than puts
Call options by funds: $187M | Put options by funds: $214M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$74.1M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$65.9M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$54.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$50.3M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$44.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$527M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$223M |
| 3 |
Holocene Advisors
New York
|
-$123M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$63.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$61.6M |
NTAP Hedge Fund Activity: Q3 2023 in Review
674 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in NetApp (NTAP) for Q3 2023, worth a combined $14.1B — down 5.2% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new NTAP positions and 51 closed out — a net gain of 33 holders — while 228 added to existing stakes and 255 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $74.1M. The largest seller was Capital International Investors, cutting an estimated $527M.
- 674 institutional investors held NetApp (NTAP) as of Q3 2023, up from 650 in Q2 2023.
- Funds reported $14.1B of NetApp stock for Q3 2023, down 5.2% quarter-over-quarter.
- 84 funds opened new NetApp positions in Q3 2023 and 51 closed out, a net change of +33 holders.
- The largest NetApp buyer in Q3 2023 was Arrowstreet Capital, an estimated $74.1M added.
- The largest NetApp seller in Q3 2023 was Capital International Investors, an estimated $527M sold.
Based on aggregated 13F filings for Q3 2023.