Netapp Inc (NTAP) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $6.1B

NTAP ranks #503 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

967 institutions disclose a position in NTAP, but none treat it as a major bet — even Lyrical Asset Management LP, its most concentrated holder, allocates just 4.8% of its own portfolio to it.

First Trust Advisors LP has added to its NTAP position for two straight quarters, increasing it by $308.0M to reach $480.5M today.

Glenmede Trust Co NA has trimmed its NTAP position for two straight quarters, cutting it by $42.7M while still holding $12.1M.

NTAP is down 1.3% today, but institutions show net buying of $6.1B this quarter — a divergence between today's price move and the underlying institutional flow.

NTAP posted net income of $1.3B over the trailing twelve months, and currently trades at a P/E of 28.5.

• Profitable — net income of $1.3B over the trailing twelve months
• Revenue grew 6.4% year over year
• Net income improved year over year, from $1.1B to $1.3B
• Generated $2.1B in positive operating cash flow
• Current ratio of 1.44x — below the conventional 1.5x liquidity buffer
• Liabilities run 6.95x equity — a highly leveraged balance sheet worth noting