13FPulse
NT

NTCT NETSCOUT SYSTEMS INC

2026Q2 · CUSIP 64115T104 · Cybersecurity · Sector: Technology

Piling in

Net holder growth ranks near the top of the market

Funds that own it
308
Institutions that reported holding it to the SEC
Net increase in holders
+24
Last quarter 284 → now 308
How unusual is that
Top 20%
Stronger buying than 86% of US stocks
What the filings say, in one paragraph

308 funds held NTCT at the end of 2026Q2, up 24 from the quarter before. That is stronger buying than 86.1% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $883M(YoY +5.8%), the P/E is 22.9x, return on equity is 7.3%. NTCT has had 8 buying rushes in its history, and the price moved -15.7% 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, tagged Cybersecurity.

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=152 2013Q4: holders=142 2014Q1: holders=153 2014Q2: holders=180 2014Q3: holders=182 2014Q4: holders=173 2015Q1: holders=160 2015Q2: holders=190 2015Q3: holders=235 2015Q4: holders=230 2016Q1: holders=207 2016Q2: holders=206 2016Q3: holders=209 2016Q4: holders=212 2017Q1: holders=215 2017Q2: holders=230 2017Q3: holders=228 2017Q4: holders=221 2018Q1: holders=217 2018Q2: holders=212 2018Q3: holders=192 2018Q4: holders=199 2019Q1: holders=193 2019Q2: holders=198 2019Q3: holders=180 2019Q4: holders=192 2020Q1: holders=186 2020Q2: holders=192 2020Q3: holders=168 2020Q4: holders=167 2021Q1: holders=184 2021Q2: holders=181 2021Q3: holders=178 2021Q4: holders=199 2022Q1: holders=216 2022Q2: holders=205 2022Q3: holders=210 2022Q4: holders=226 2023Q1: holders=220 2023Q2: holders=211 2023Q3: holders=212 2023Q4: holders=206 2024Q1: holders=207 2024Q2: holders=220 2024Q3: holders=213 2024Q4: holders=219 2025Q1: holders=232 2025Q2: holders=241 2025Q3: holders=245 2025Q4: holders=261 2026Q1: holders=284 2026Q2: holders=308 -45 -22.5 +0 +22.5 +45 127226324 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2026Q1 Top 20% +5.1%
2025Q1 Top 20% +2.3% -3.6%
2022Q1 Top 20% -7.3% -4.6%
2017Q2 Top 20% -3.6% -14.9%
2015Q3 Top 5% -9.7% -36.8%
2015Q2 Top 5% -14.0% -19.6%
2014Q2 Top 5% -1.4% -14.4%

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
167
Change in large funds
+12
Total value they hold
$3.0B
Funds buying for the first time
56
Funds that sold out entirely
32
Price change that quarter
-3.7%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
3

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)
22.9
EPS (TTM)
$1.64
EPS YoY
+59.2%
Revenue (TTM)
$0.9B
Revenue YoY
+5.8%
Net margin
13.7%
ROE
7.3%
Debt ratio
28.0%
FCF (TTM)
$261M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.11 2021-12-31: EPS 0.64 2022-03-31: EPS -0.12 2022-06-30: EPS -0.10 2022-09-30: EPS 0.24 2022-12-31: EPS 0.72 2023-03-31: EPS -0.04 2023-06-30: EPS -0.06 2023-09-30: EPS 0.29 2023-12-31: EPS -1.87 2024-03-31: EPS -0.43 2024-06-30: EPS -6.20 2024-09-30: EPS 0.13 2024-12-31: EPS 0.67 2025-03-31: EPS 0.28 2025-06-30: EPS -0.05 2025-09-30: EPS 0.35 2025-12-31: EPS 0.75 2026-03-31: EPS 0.25 2026-06-30: EPS 0.29 0M 159M 319M $M -6.82 -3.00 0.83 2016201720182019202020212022202320242025202606/26 Revenue 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 30 20 43 66 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
-28M62M152M 20162017201820192020202120222023202420252026
Latest quarter $150M (2026-03-31)

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

As of 2026-06-30 · 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.