$ANET

$177.24 +$4.87 (2.83%) Close

$ANET Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 1.26B shares outstanding

Who owns ANET?

By type of holder

Institutions 71.2% Insiders 28.8% Everyone else 0.0%

Concentration Top 10 holders own 59.5%

Ullal Jayshree 16.9% · Bechtolsheim Andreas 14.7%

Institutional ownership

71.2%

+1.6 pts vs last qtr

Institutional holders

2,266

+217 vs last qtr

Net shares bought

+19.6M

by institutions in Q2 2026

New / sold out

371 / 154

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Norges Bank NEW +12.2M
Jupiter Topco LLC NEW +6.5M

Biggest sellers in Q2 2026

Price T Rowe Associates Inc /MD/ −6.1M
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main −5.6M

Who is planning to sell?

Notices of proposed sale, last 12 months

$1.51B

58 notices from 9 people

Shares covered

8.3M

0.66% of the company

Arranged in advance

100%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Ullal Jayshree Officer 10b5-1 $811M
Andreas Bechtolsheim 10% stockholder 10b5-1 $580M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+8.9%

+0.95% a year

Each share's claim on the business

−8.2%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$3.88B vs $1.97B

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years75% 3–5 years8% 1–3 years10% Under 1 year8%

Quarterly turnover

8.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting ANET on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	91.4M	7.25%	−523.8K (−0.6%)	≤2021	0.2%
Shares held by quarter Peak holding95.4M (Q4'25) Change over 8 quarters+70.4M Share of the company7.250% BlackRock, Inc.'s full portfolio →
VC Vanguard Capital Management LLC	68.7M	5.45%	+418.1K (+0.6%)	≤2021	0.3%
Shares held by quarter Peak holding68.7M (Q2'26) Change over 8 quarters+68.7M Share of the company5.450% Vanguard Capital Management LLC's full portfolio →

BlackRock, Inc.

91.4M

% of company

7.25%

Change vs last qtr

−523.8K (−0.6%)

Held since

≤2021

Vanguard Capital Management LLC

68.7M

% of company

5.45%

Change vs last qtr

+418.1K (+0.6%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Arista Networks Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting ANET on Form N-PORT; together they hold 26.5% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$5.77B	34.0M	2.69%	0.25%	June 30, 2026
V5 Vanguard 500 Index Fund Vanguard Index Funds	$4.55B	26.8M	2.12%	0.27%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$5.77B

% of company

2.69%

% of the fund

0.25%

As of

June 30, 2026

Vanguard 500 Index Fund

Vanguard Index Funds

Position value

$4.55B

% of company

2.12%

% of the fund

0.27%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Arista Networks Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
UJ Ullal Jayshree Insider	212.9M	16.88%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company16.880% Ullal Jayshree's insider activity →
BA Bechtolsheim Andreas Insider	185.5M	14.71%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company14.710% Bechtolsheim Andreas's insider activity →

Ullal Jayshree

Insider

212.9M

% of company

16.88%

Change vs last qtr

—

Held since

—

Bechtolsheim Andreas

Insider

185.5M

% of company

14.71%

Change vs last qtr

—

Held since

—

10 more holders behind a free account

See every insider and 5%+ holder of Arista Networks Inc.

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