NetApp
NTAP
771 hedge funds and large institutions have $20B invested in NetApp in 2024 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 294 increasing their positions, 268 reducing their positions, and 63 closing their positions.
80% more call options, than puts
Call options by funds: $388M | Put options by funds: $216M
70% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 63
19% more capital invested
Capital invested by funds: $16.8B → $20B (+$3.17B)
5% more funds holding
Funds holding: 737 → 771 (+34)
10% more repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 268
0.25% less ownership
Funds ownership: 92.43% → 92.18% (-0.25%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
+$153M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$71.7M |
| 3 |
Millennium Management
New York
|
+$70M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$63.8M |
| 5 |
WorldQuant Millennium Advisors
New York
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$377M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$138M |
| 3 |
Goldman Sachs
New York
|
-$47.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$46.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$44.6M |
NTAP Hedge Fund Activity: Q1 2024 in Review
771 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in NetApp (NTAP) for Q1 2024, worth a combined $20B — up 19% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new NTAP positions and 63 closed out — a net gain of 44 holders — while 294 added to existing stakes and 268 trimmed.
The largest buyer was Los Angeles Capital Management, adding an estimated $153M. The largest seller was First Trust Advisors, cutting an estimated $377M.
- 771 institutional investors held NetApp (NTAP) as of Q1 2024, up from 737 in Q4 2023.
- Funds reported $20B of NetApp stock for Q1 2024, up 19% quarter-over-quarter.
- 107 funds opened new NetApp positions in Q1 2024 and 63 closed out, a net change of +44 holders.
- The largest NetApp buyer in Q1 2024 was Los Angeles Capital Management, an estimated $153M added.
- The largest NetApp seller in Q1 2024 was First Trust Advisors, an estimated $377M sold.
Based on aggregated 13F filings for Q1 2024.