NetApp, Inc.

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 845 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• FY2026 10-K (period ended 24 Apr 2026, filed 5 Jun 2026) is the newest financial filing: NetApp's fiscal year ends in late April and no 10-Q has been filed since (the last 10-Q covers the quarter ended 23 Jan 2026, older than the 10-K). All holdings-side figures are therefore sourced to the FY2026 10-K rather than a stale 10-Q.
• Holdings side searched the FY2026 10-K full text for 'non-marketable equity', 'equity method', 'equity securities', 'unrealized gain', 'joint venture', 'unconsolidated', 'strategic investment', 'privately held', 'cost method', 'minority investment', 'Investments in', 'Level 3', 'equity interest', 'ownership interest' and 'warrant'. The only investments disclosed under 'equity securities' are Treasury/government debt securities, money market funds, certificates of deposit and mutual funds (total $3,055 million) held as short-term investments and non-qualified deferred-compensation plan assets, none of which is a strategic equity stake in another company; these are excluded per the brief.
• Exhibit 21.1 of the FY2026 10-K was checked as a technique for finding unpriced JV stakes; it is a bare jurisdiction-of-incorporation list of wholly owned subsidiaries only (Instaclustr, CloudCheckr, SolidFire, Spotinst/Spot, Data Mechanics, Fylamynt, Cognigo, Plexistor, Onaro, Decru, Caravan, BYMS International, etc.), no ownership-percentage column and no joint ventures listed. These are wholly owned acquisitions, not holdings, and are not included as rows.
• The one genuine equity holding found is NetApp's 49% non-controlling interest in Lenovo NetApp Technology Limited (LNTL), a private China-based distribution/OEM joint venture with Lenovo (Beijing) Information Technology Ltd., formed in fiscal 2019, carried at $98 million in Other non-current assets as of 24 Apr 2026. This is a single named investee with its own disclosed carrying value (not a combined multi-investee balance), so it is recorded as a sized row rather than deferred to notes/unknowns.
• NetApp's various commercial/reseller and cloud partnerships with AWS, Microsoft Azure, Google Cloud and Lenovo (for hardware distribution outside LNTL) are commercial arrangements (go-to-market, OEM and channel agreements), not equity stakes, and are excluded from holdings for the same reason Williams-Sonoma's franchise agreements and Expeditors' agency relationships were excluded earlier in this project.
• shares_outstanding (196,234,265) and the register percentages use the record-date share count from the 27 Jul 2026 DEF 14A (record date 13 Jul 2026), which is more current than the 10-K cover page count of 195,919,927 as of 28 May 2026. This also matches stockanalysis.com's reported 196.23 million shares outstanding as of 18 Aug 2026, so the denominator is not stale.
• market_cap_usd ($40,171,116,388) is computed as shares_outstanding (196,234,265) x the $204.71 NTAP close on 18 Aug 2026 reported by stockanalysis.com/stocks/NTAP/ (aggregator; market cap is not subject to the filed-basis rules that apply to holdings/register rows).
• Register entity family enumeration: the Vanguard family list (8 entities: VANGUARD PORTFOLIO MANAGEMENT LLC, VANGUARD CAPITAL MANAGEMENT LLC, VANGUARD FIDUCIARY TRUST CO, Vanguard Global Advisers LLC, VANGUARD ASSET MANAGEMENT Ltd, Vanguard Investments Australia Ltd, Vanguard Personalized Indexing Management LLC, Vanguard National Trust Co) was enumerated from this project's own data/registers/NTAP.json snapshot (period 31-Mar-2026) for entity names/CIKs ONLY. Each entity's own fresh Q2 2026 (period 2026-06-30) 13F-HR information table was then fetched independently for the share/value figures used in the Vanguard row above. Vanguard National Trust Co (CIK 0001984256) was checked and holds zero NTAP for this period (no row; noted here per the brief's rule that a checked-and-zero holder is a note, not a null row).
• Capital Group was checked across its three primary registrants: Capital World Investors (CIK 0001422849), Capital International Investors (CIK 0001562230) and Capital Research Global Investors (CIK 0001422848). All three filed fresh 13F-HR for period 2026-06-30 and none reports a NetApp position (verified both via filing.py and a direct CUSIP 64110D104 grep of each raw information table). This is consistent with Capital Group's absence from the project's own NTAP register snapshot. No row is carried for Capital Group.
• T. Rowe Price was checked on both registrants named in the brief: T. Rowe Price Associates, Inc. (CIK 0000080255), which holds 605,556 shares (row above, value corrected for the thousands-units filing quirk, see that row's method_note), and T. Rowe Price Investment Management, Inc. (CIK 0001897612), which was checked for the same 2026-06-30 period and holds zero NTAP (confirmed by direct CUSIP grep of its raw information table). No row is carried for the Investment Management entity.
• BlackRock reports through a single consolidated registrant, BlackRock, Inc. (CIK 0002012383), which filed a 13F-HR (not a 13F-NT) with holdings for 2026-06-30, so its row is used as-is with no legacy-entity summation needed.
• Historical activist involvement: Elliott Management (Paul Singer) disclosed roughly a 5% stake in NetApp in May 2013 and pushed for board changes and increased buybacks/a new dividend, then exited the position by May 2014 (per contemporaneous press coverage; NetApp's own SEC filing history shows no SC 13D or 13D/A ever filed against NetApp by an activist, only three 2009 SC 13D/A filings where NetApp itself was a co-filer as an acquirer bidding for Data Domain, Inc., unrelated to NetApp's own share register). Elliott is fully exited and does not appear in the current 13F register snapshot or in current 5%-holder proxy disclosure, consistent with the exit; per the brief, this is recorded here as a note with no row rather than a null-sized row.
• Self-gate computed on the final file exactly as the chart computes it: 11 register rows, raw share sum with the officers-group aggregate reduced by its one named member (George Kurian, so the aggregate contributes 701,159 - 362,354 = 338,805) gives a total of 82,039,299 shares against shares_outstanding of 196,234,265, i.e. 41.81% of the company. This is within the expected 25-45% band.