What smart money is saying about Arista Networks Inc
6 funds in our archive have pitched Arista Networks Inc — most recently Brown Advisory Large-Cap Sustainable Growth Strategy in June 2026.
Arista Networks, Inc. is a leading global technology firm that designs, promotes, and distributes innovative cloud networking solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions. Its comprehensive product portfolio features advanced extensible operating systems, a collection of powerful network applications, and high-performance gigabit Ethernet switching and routing hardware. The company also offers robust post-contract customer support, which includes technical assistance, hardware repairs, parts replacement beyond standard warranty, and critical bug fixes, patches, and upgrades. Arista serves a diverse clientele, encompassing major internet companies, telecommunication providers, financial services organizations, government agencies, and entities in the media and entertainment sectors. Its sales strategy involves multiple channels, utilizing distributors, system integrators, value-added resellers, original equipment manufacturer partners, and a dedicated direct sales force. Established in 2004 as Arastra, Inc., the company adopted the name Arista Networks, Inc. in October 2008 and is headquartered in Santa Clara, California.
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Position history
Between Q4 2024 and Q2 2026, 9 fund letters reported a position in Arista Networks Inc — 4 opened or added to the position, 3 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 8 | 4 | 3 | 2 |
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 0 | 0 | 0 | 2 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Fund activity · 9 positions · 7 moves
- June 2026
“During the quarter we added to several existing positions in addition to Alphabet: Arista Networks, a leading maker of high-speed switches enabling high-speed data transfer within server racks; Blackstone, an alternative asset manager; and Tesla, an EV and battery storage manufacturer.”
Arista Networks Inc - June 2026
“After ending April as the fund’s weakest performer, Revvity reversed course to end May as the strongest-performing holding, with the stock rising following its Q1 2026 earnings report on 5th May. The result was the latest chapter in a multi- year transformation. Formerly PerkinElmer, the company sold its legacy Applied, Food and Enterprise Services divisions in early 2023, rebranded as Revvity, and has since been repositioning toward higher-growth, higher-margin life sciences and diagnostics exposures. The strategic rationale focuses on expanding gross margins (expected to expand from c.50% to c.60%), higher levels of recurring revenue (from c.65% to c.80%), and earnings growth that would accelerate from c.10% to 13–15% annually. The Q1 2026 results and accompanying announcement of the China immunodiagnostics divestiture represent a further step in that direction. The company beat on both revenue and earnings per share, with organic growth of 3% ahead of internal expectations. When stripping out the China business, a low-margin unit representing c.6% of 2025 revenues, pro forma organic growth in Q1 was 6%. Management guided to 3-4% pro forma organic growth for the full year with a c.30bps margin uplift from the disposal. Software annual recurring revenue growth of c.40% year-on-year added further support. The market rewarded the strategic clarity – each successive portfolio simplification has sharpened the growth profile, and this divestiture removes a persistent drag at a time when life sciences businesses have been under pressure. Arista Networks was the weakest performing holding in May, falling by c.13% following its Q1 2026 earnings.”
Arista Networks Inc - June 2026
“As for portfolio activity for the quarter, we trimmed Alphabet and Arista.”
Arista Networks Inc - New positionBrown Advisory Large-Cap Growth StrategyJune 2026
“During the quarter, we initiated positions in Arista Networks Inc (ANET), Palantir Technologies Inc (PLTR), and Viking Holdings (VIK), while exiting Autodesk Inc (ADSK) and DraftKings Inc (DKNG).”
Arista Networks Inc - June 2026
“Arista Networks Inc (ANET) is a leading provider of cloud and AI networking infrastructure. The company’s software-centric architecture, anchored by its proprietary Extensible Operating System (EOS), enables the high-speed, low- latency connectivity required to power modern data centers and large-scale AI workloads. In combination with its open Ethernet-based architecture, the EOS software code base enables superior telemetry, automation, and network management capabilities that deliver better performance, reliability, and total cost of ownership versus competitors. We believe Arista Networks Inc will be a structural share gainer in networking and will continue to benefit from the rapid expansion of AI infrastructure and shortening network upgrade cycles. The company’s ability to improve the efficiency of digital infrastructure will enable customers to increase compute utilization and reduce power consumption. We believe the company is positioned to deliver over 20% revenue growth and peer- leading profitability for years to come. We were able to take advantage of temporary stock weakness during the quarter due to transitory supply chain concerns while initiating the position.”
Arista Networks Inc - June 2026
“Alongside the memory and interconnect reductions above, we exited Ciena, Ultra Clean, KLA, Kokusai Electric, Arista Networks, Fabrinet and Vertiv, several having closed the gaps we originally underwrote, and released further capital from Tesla, Shopify, Mercadolibre and Robinhood to concentrate the Fund on the technology stack itself; the ServiceNow exit completed in April.”
Arista Networks Inc - June 2026
“Alongside the memory and interconnect reductions above, we exited Ciena, Ultra Clean, KLA, Kokusai Electric, Arista Networks, Fabrinet and Vertiv, several having closed the gaps we originally underwrote, and released further capital from Tesla, Shopify, Mercadolibre and Robinhood to concentrate the Fund on the technology stack itself; the ServiceNow exit completed in April.”
Arista Networks Inc - June 2026
“New positions in Linde, Equinix, Schneider Electric, Arista Networks, Galderma, and Disco were initiated; positions in Universal Music Group, Alcon, and Intuit were exited.”
Arista Networks Inc - March 2026
Listed in Giverny Capital Asset Management (GCAM) model portfolio’s reported holdings.
Arista Networks Inc
Fund coverage · 6 theses
Arista Networks Inc supplies cloud and AI networking infrastructure with a software-centric moat, structural share gains, and strong growth prospects.
Read the full thesisArista Networks is a high-margin networking compounder with sticky hyperscaler relationships and durable AI/cloud networking demand.
Read the full thesis- Clearbridge Large Cap Growth StrategyDecember 2025
Arista Networks provides high-speed networking for cloud and data centers and is poised to gain enterprise share as infrastructure is upgraded.
Read the full thesis - Baron Opportunity FundSeptember 2025
Arista Networks, Inc. is a leading provider of high-performance networking solutions crucial for data centers and AI infrastructure, uniquely positioned to capture market share with its best-in-class Ethernet solutions.
Read the full thesis - TCW Concentrated Large Cap Growth FundSeptember 2025
Arista Networks, Inc. is a leading cloud networking provider well-positioned to capture market share due to its high-performance products and growing AI-related demand.
Read the full thesis - Baron Opportunity FundDecember 2024
Arista’s AI-driven networking growth and Ethernet transition position it for strong market share gains and revenue expansion
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