Who owns NAC
Which tracked institutional funds hold NAC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NAC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
19 tracked funds added or opened NAC while 10 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NAC’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes NAC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in NAC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 131 tracked filers holding NAC, 73 increased or opened the position and 43 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NAC between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 4
- Private Advisor Group, LLC$3M
- SUMMITRY LLC$1M
- Cascade Financial Partners, LLC$969K
- Requisite Capital Management, LLC$635K
Full exits 6
- EVOKE WEALTH, LLC$3M
- WEDBUSH SECURITIES INC$1M
- Integrity Wealth Partners, LLC$1M
- Prospera Financial Services Inc$751K
- Ascentis Independent Advisors$726K
- Virtu Financial LLC$549K
Largest adds
- MORGAN STANLEY$14M
- WELLS FARGO & COMPANY/MN$4M
- Advisors Asset Management, Inc.$4M
- BANK OF AMERICA CORP /DE/$3M
- GUGGENHEIM CAPITAL LLC$2M
- Ignite Planners, LLC$2M
Largest trims
- Mariner, LLC$6M
- JANE STREET GROUP, LLC$2M
- UBS Group AG$609K
- Cerity Partners LLC$438K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 6,934,080 | $84M | 27.4% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 3,486,662 | $42M | 13.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,055,441 | $25M | 8.1% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 1,877,055 | $23M | 7.4% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 1,236,961 | $15M | 4.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,150,444 | $14M | 4.6% | 2026-Q2 |
| UBS Group AG trimmed | 906,262 | $11M | 3.6% | 2026-Q2 |
| LPL Financial LLC added | 611,995 | $7M | 2.4% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 518,286 | $6M | 2.1% | 2026-Q2 |
| Ignite Planners, LLC added | 476,800 | $6M | 1.9% | 2026-Q2 |
| Allianz Asset Management GmbH | 475,879 | $6M | 1.9% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 261,691 | $3M | 1.0% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 257,109 | $3M | 1.0% | 2026-Q2 |
| Private Advisor Group, LLC new | 237,265 | $3M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 219,110 | $3M | 0.9% | 2026-Q2 |
| WHITTIER TRUST CO added | 211,287 | $3M | 0.8% | 2026-Q2 |
| PFG Investments, LLC added | 199,004 | $2M | 0.8% | 2026-Q2 |
| Southland Equity Partners LLC added | 184,440 | $2M | 0.7% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 177,723 | $2M | 0.7% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 171,666 | $2M | 0.7% | 2026-Q2 |
| Quantinno Capital Management LP added | 161,512 | $2M | 0.6% | 2026-Q2 |
| DKM Wealth Management, Inc. | 142,401 | $2M | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 138,030 | $2M | 0.5% | 2026-Q2 |
| MAI Capital Management added | 117,564 | $1M | 0.5% | 2026-Q2 |
| Allworth Financial LP added | 117,152 | $1M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 111,115 | $1M | 0.4% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 102,507 | $1M | 0.4% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 102,286 | $1M | 0.4% | 2026-Q2 |
| SUMMITRY LLC new | 95,654 | $1M | 0.4% | 2026-Q2 |
| New Insight Wealth Advisors trimmed | 94,160 | $1M | 0.4% | 2026-Q2 |
| Mutual Advisors, LLC added | 82,206 | $996K | 0.3% | 2026-Q2 |
| Cascade Financial Partners, LLC new | 79,954 | $969K | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 79,128 | $959K | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 77,989 | $945K | 0.3% | 2026-Q2 |
| Creative Planning trimmed | 75,676 | $917K | 0.3% | 2026-Q2 |
| Rareview Capital LLC added | 66,339 | $741K | 0.2% | 2026-Q2 |
| Oder Investment Management, LLC added | 63,137 | $765K | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 59,626 | $723K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 57,990 | $703K | 0.2% | 2026-Q2 |
| Atala Financial Inc trimmed | 57,385 | $696K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 52,745 | $639K | 0.2% | 2026-Q2 |
| Requisite Capital Management, LLC new | 52,058 | $635K | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 51,889 | $629K | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 50,468 | $612K | 0.2% | 2026-Q2 |
| Cetera Investment Advisers added | 49,951 | $605K | 0.2% | 2026-Q2 |
| MELFA WEALTH MANAGEMENT, INC. | 49,816 | $604K | 0.2% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 48,326 | $586K | 0.2% | 2026-Q2 |
| EVERETT HARRIS & CO /CA/ | 46,000 | $558K | 0.2% | 2026-Q2 |
| Pacific Wealth Strategies Group, Inc. trimmed | 44,466 | $539K | 0.2% | 2026-Q2 |
| Western Wealth Management, LLC added | 43,864 | $532K | 0.2% | 2026-Q2 |
| Cooper Financial Group added | 43,802 | $531K | 0.2% | 2026-Q2 |
| HOLLENCREST CAPITAL MANAGEMENT trimmed | 43,423 | $526K | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC | 41,956 | $509K | 0.2% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 41,600 | $507K | 0.2% | 2026-Q2 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC added | 41,100 | $501K | 0.2% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 40,542 | $491K | 0.2% | 2026-Q2 |
| Van Hulzen Asset Management, LLC trimmed | 39,986 | $485K | 0.2% | 2026-Q2 |
| FIRST FOUNDATION ADVISORS | 38,617 | $468K | 0.2% | 2026-Q2 |
| NewEdge Wealth, LLC | 38,600 | $468K | 0.2% | 2026-Q2 |
| CLG LLC | 37,584 | $456K | 0.1% | 2026-Q2 |
| Bridgewealth Advisory Group, LLC added | 36,555 | $443K | 0.1% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 35,789 | $434K | 0.1% | 2026-Q2 |
| Apriem Advisors added | 33,120 | $401K | 0.1% | 2026-Q2 |
| Sowell Financial Services LLC added | 32,339 | $392K | 0.1% | 2026-Q2 |
| Mirador Capital Partners LP new | 32,175 | $390K | 0.1% | 2026-Q2 |
| Core Wealth Partners LLC trimmed | 29,699 | $360K | 0.1% | 2026-Q2 |
| RHS Financial, LLC trimmed | 28,824 | $349K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 27,962 | $338K | 0.1% | 2026-Q2 |
| Intellectus Partners, LLC | 25,000 | $305K | 0.1% | 2026-Q2 |
| Perennial Investment Advisors, LLC | 24,921 | $302K | 0.1% | 2026-Q2 |
| ECLECTIC ASSOCIATES INC /ADV added | 24,637 | $299K | 0.1% | 2026-Q2 |
| Tortuga Wealth Management, Inc added | 23,997 | $291K | 0.1% | 2026-Q2 |
| Castle Rock Wealth Management, LLC | 23,409 | $285K | 0.1% | 2026-Q2 |
| VAQUERO PRIVATE WEALTH, LTD new | 23,033 | $279K | 0.1% | 2026-Q2 |
| REGATTA CAPITAL GROUP, LLC | 22,280 | $270K | 0.1% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. | 21,541 | $261K | 0.1% | 2026-Q2 |
| Avestar Capital, LLC added | 21,000 | $256K | 0.1% | 2026-Q2 |
| ODonnell Financial Services, LLC new | 20,285 | $246K | 0.1% | 2026-Q2 |
| Snowden Capital Advisors LLC added | 20,132 | $245K | 0.1% | 2026-Q2 |
| Brookwood Investment Group LLC new | 19,750 | $239K | 0.1% | 2026-Q2 |
| FIRST AMERICAN TRUST, FSB | 19,000 | $230K | 0.1% | 2026-Q2 |
| McGowan Group Asset Management, Inc. added | 18,677 | $226K | 0.1% | 2026-Q2 |
| NWF Advisory Services Inc. trimmed | 18,430 | $223K | 0.1% | 2026-Q2 |
| Cerity Partners LLC trimmed | 18,128 | $220K | 0.1% | 2026-Q2 |
| Mesirow Financial Investment Management, Inc. added | 16,749 | $203K | 0.1% | 2026-Q2 |
| Corient Private Wealth LP | 16,090 | $195K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 16,045 | $194K | 0.1% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC trimmed | 15,731 | $191K | 0.1% | 2026-Q2 |
| Pasadena Private Wealth, LLC new | 15,441 | $187K | 0.1% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 15,202 | $184K | 0.1% | 2026-Q2 |
| Pure Financial Advisors, LLC trimmed | 15,193 | $184K | 0.1% | 2026-Q2 |
| Perigon Wealth Management, LLC | 15,168 | $184K | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 15,068 | $183K | 0.1% | 2026-Q2 |
| Barnes Wealth Management Group, Inc | 14,953 | $181K | 0.1% | 2026-Q2 |
| Indivisible Partners added | 14,271 | $173K | 0.1% | 2026-Q2 |
| Closed-End Fund Advisors, Inc. added | 13,891 | $168K | 0.1% | 2026-Q2 |
| CreativeOne Wealth, LLC | 13,544 | $164K | 0.1% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 13,506 | $164K | 0.1% | 2026-Q2 |
| RB Capital Management, LLC trimmed | 13,252 | $161K | 0.1% | 2026-Q2 |
| MKT Advisors LLC trimmed | 12,418 | $150K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.