13FPulse
NT

NTAP NETAPP INC

2026Q2 · CUSIP 64110D104 · Sector: Technology

Piling in

Net holder growth ranks near the top of the market

Funds that own it
932
Institutions that reported holding it to the SEC
Net increase in holders
+79
Last quarter 853 → now 932
How unusual is that
Top 5%
Stronger buying than 97% of US stocks
What the filings say, in one paragraph

932 funds held NTAP at the end of 2026Q2, up 79 from the quarter before. That is stronger buying than 97.4% of US stocks — among the most piled-into names this quarter. On the business itself, the P/E is 25.9x, return on equity is 94.8%. NTAP has had 23 buying rushes in its history, and the price moved +4.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=476 2013Q4: holders=476 2014Q1: holders=462 2014Q2: holders=450 2014Q3: holders=460 2014Q4: holders=475 2015Q1: holders=437 2015Q2: holders=423 2015Q3: holders=421 2015Q4: holders=413 2016Q1: holders=403 2016Q2: holders=375 2016Q3: holders=420 2016Q4: holders=434 2017Q1: holders=469 2017Q2: holders=453 2017Q3: holders=457 2017Q4: holders=535 2018Q1: holders=546 2018Q2: holders=566 2018Q3: holders=612 2018Q4: holders=578 2019Q1: holders=564 2019Q2: holders=552 2019Q3: holders=509 2019Q4: holders=533 2020Q1: holders=492 2020Q2: holders=511 2020Q3: holders=524 2020Q4: holders=589 2021Q1: holders=590 2021Q2: holders=607 2021Q3: holders=641 2021Q4: holders=726 2022Q1: holders=692 2022Q2: holders=640 2022Q3: holders=649 2022Q4: holders=661 2023Q1: holders=643 2023Q2: holders=641 2023Q3: holders=669 2023Q4: holders=731 2024Q1: holders=765 2024Q2: holders=820 2024Q3: holders=832 2024Q4: holders=876 2025Q1: holders=826 2025Q2: holders=844 2025Q3: holders=875 2025Q4: holders=899 2026Q1: holders=853 2026Q2: holders=932 -85 -42.5 +0 +42.5 +85 337658979 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 23 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5%
2025Q3 Top 10% -1.1% -4.4%
2025Q2 Top 20% +10.3% +0.9%
2024Q4 Top 20% -24.8% -15.0%
2024Q2 Top 5% -7.0% -9.1%
2024Q1 Top 10% +17.9% +19.7%
2023Q4 Top 10% +24.2% +29.5%
2023Q3 Top 5% +12.4% +11.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
322
Change in large funds
+34
Total value they hold
$29.8B
Funds buying for the first time
183
Funds that sold out entirely
104
Price change that quarter
+52.3%
Funds holding puts (bearish)
15
Funds holding calls (bullish)
20

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
25.9
EPS (TTM)
$7.08
EPS YoY
+25.3%
Revenue (TTM)
Revenue YoY
Net margin
ROE
94.8%
Debt ratio
86.4%
FCF (TTM)
$1.6B
Dividend (TTM)
$2.08
Quarterly Revenue & EPS
2021-10-29: EPS 0.98 2022-01-28: EPS 1.10 2022-04-29: EPS 1.13 2022-07-29: EPS 0.96 2022-10-28: EPS 3.41 2023-01-27: EPS 0.30 2023-04-28: EPS 1.12 2023-07-28: EPS 0.69 2023-10-27: EPS 1.10 2024-01-26: EPS 1.48 2024-04-26: EPS 1.36 2024-07-26: EPS 1.17 2024-10-25: EPS 1.42 2025-01-24: EPS 1.44 2025-04-25: EPS 1.64 2025-07-25: EPS 1.15 2025-10-24: EPS 1.51 2026-01-23: EPS 1.67 2026-04-24: EPS 2.02 2026-07-31: EPS 1.88 0.00 1.88 3.75 20212022202320242025202607/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 21 8 18 28 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-89M406M900M 20162017201820192020202120222023202420252026
Latest quarter $900M (2026-04-24)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-07-31 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.