Who owns NAK (NAK)
Which tracked institutional funds hold NAK, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NAK company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
12 tracked funds added or opened NAK while 20 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
NAK’s largest tracked holder by dollar value, Kopernik Global Investors, LLC, sizes it at 3.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NAK 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 2025-Q4 and 2026-Q1, across 191 tracked filers holding NAK, 95 increased or opened the position and 75 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 NAK between the 2025-Q4 and 2026-Q1 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 7
- RENAISSANCE TECHNOLOGIES LLC$6M
- Stenham Asset Management Ltd$3M
- Swiss National Bank$2M
- Legal & General Group Plc$656K
- Nuveen, LLC$560K
- GEODE CAPITAL MANAGEMENT, LLC$521K
Full exits 4
- GAM Holding AG$7M
- TWO SIGMA ADVISERS, LP$5M
- Point72 Asset Management, L.P.$2M
- Caption Management, LLC$768K
Largest adds
- Kopernik Global Investors, LLC$3M
- TWO SIGMA INVESTMENTS, LP$1M
- BANK OF MONTREAL /CAN/$980K
- UBS Group AG$318K
- STATE STREET CORP$290K
Largest trims
- MILLENNIUM MANAGEMENT LLC$19M
- Bornite Capital Management LP$9M
- JANE STREET GROUP, LLC$8M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$4M
- CITADEL ADVISORS LLC$3M
- Russell Investments Group, Ltd.$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Kopernik Global Investors, LLC added | 32,655,846 | $46M | 24.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 24,303,203 | $34M | 17.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 9,780,809 | $14M | 7.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 5,480,999 | $8M | 4.0% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 5,426,743 | $8M | 4.0% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 4,460,149 | $6M | 3.3% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 3,271,787 | $5M | 2.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 2,593,632 | $4M | 1.9% | 2026-Q1 |
| Stenham Asset Management Ltd new | 2,046,000 | $3M | 1.5% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 1,942,188 | $3M | 1.4% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 1,558,138 | $2M | 1.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 1,503,288 | $2M | 1.1% | 2026-Q1 |
| UBS Group AG added | 1,493,854 | $2M | 1.1% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 1,237,071 | $2M | 0.9% | 2026-Q1 |
| Swiss National Bank new | 1,100,500 | $2M | 0.8% | 2026-Q1 |
| Bornite Capital Management LP trimmed | 1,000,000 | $1M | 0.7% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 897,527 | $1M | 0.7% | 2026-Q1 |
| TD Asset Management Inc added | 832,730 | $1M | 0.6% | 2026-Q1 |
| IMC-Chicago, LLC added | 712,381 | $997K | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 551,402 | $772K | 0.4% | 2026-Q1 |
| Legal & General Group Plc new | 471,755 | $656K | 0.3% | 2026-Q1 |
| Ionic Capital Management LLC added | 459,000 | $643K | 0.3% | 2026-Q1 |
| STATE STREET CORP added | 422,700 | $592K | 0.3% | 2026-Q1 |
| GROUP ONE TRADING LLC trimmed | 421,859 | $591K | 0.3% | 2026-Q1 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 421,300 | $590K | 0.3% | 2026-Q1 |
| Nuveen, LLC new | 403,052 | $560K | 0.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC new | 373,429 | $521K | 0.3% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 362,167 | $505K | 0.3% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 218,160 | $305K | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 216,953 | $304K | 0.2% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey new | 206,307 | $287K | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP trimmed | 204,672 | $286K | 0.2% | 2026-Q1 |
| RFG Advisory, LLC | 202,490 | $283K | 0.1% | 2026-Q1 |
| GRIMES & Co WEALTH MANAGEMENT, LLC | 189,750 | $266K | 0.1% | 2026-Q1 |
| Aletheian Wealth Advisors LLC | 168,200 | $235K | 0.1% | 2026-Q1 |
| LCM Capital Management Inc trimmed | 158,600 | $222K | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 158,251 | $222K | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) new | 156,724 | $218K | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 152,938 | $214K | 0.1% | 2026-Q1 |
| XTX Topco Ltd added | 149,619 | $209K | 0.1% | 2026-Q1 |
| Vanguard Investments Australia, Ltd. new | 148,907 | $208K | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 145,316 | $203K | 0.1% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 140,550 | $193K | 0.1% | 2026-Q1 |
| Quadrature Capital Ltd trimmed | 133,558 | $187K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 132,133 | $185K | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO new | 115,700 | $161K | 0.1% | 2026-Q1 |
| BlackRock, Inc. added | 110,956 | $155K | 0.1% | 2026-Q1 |
| BRADY FAMILY WEALTH, LLC | 110,000 | $154K | 0.1% | 2026-Q1 |
| TORONTO DOMINION BANK added | 109,876 | $153K | 0.1% | 2026-Q1 |
| Pictet Asset Management Holding SA new | 109,049 | $152K | 0.1% | 2026-Q1 |
| CADINHA & CO LLC trimmed | 100,000 | $140K | 0.1% | 2026-Q1 |
| Stratos Wealth Advisors, LLC | 98,788 | $138K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 93,930 | $132K | 0.1% | 2026-Q1 |
| Composition Wealth, LLC | 85,955 | $120K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 82,224 | $115K | 0.1% | 2026-Q1 |
| Cerity Partners LLC trimmed | 79,426 | $111K | 0.1% | 2026-Q1 |
| Engineers Gate Manager LP new | 75,999 | $106K | 0.1% | 2026-Q1 |
| CIBC Asset Management Inc new | 73,748 | $103K | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 72,758 | $102K | 0.1% | 2026-Q1 |
| Caitong International Asset Management Co., Ltd added | 71,130 | $100K | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 70,953 | $99K | 0.1% | 2026-Q1 |
| Shay Capital LLC new | 70,000 | $98K | 0.1% | 2026-Q1 |
| SPROTT INC. added | 65,488 | $92K | 0.0% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 61,000 | $85K | 0.0% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 58,900 | $82K | 0.0% | 2026-Q1 |
| Western Reserve Capital Management, LLC trimmed | 56,106 | $79K | 0.0% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 55,599 | $78K | 0.0% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 54,000 | $76K | 0.0% | 2026-Q1 |
| Brevan Howard Capital Management LP trimmed | 55,700 | $75K | 0.0% | 2026-Q1 |
| Allegheny Financial Group | 52,100 | $73K | 0.0% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 51,104 | $70K | 0.0% | 2026-Q1 |
| GAM Holding AG added | 3,626,000 | $7M | 3.8% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 2,550,496 | $5M | 2.6% | 2025-Q4 stale |
| Journey Advisory Group, LLC new | 3,707,369 | $4M | 2.2% | 2025-Q1 stale |
| WEXFORD CAPITAL LP added | 2,978,971 | $4M | 1.9% | 2025-Q3 stale |
| CenterBook Partners LP new | 2,036,478 | $2M | 1.3% | 2025-Q3 stale |
| Praetorian PR LLC new | 1,700,000 | $2M | 1.0% | 2025-Q1 stale |
| Point72 Asset Management, L.P. new | 769,596 | $2M | 0.8% | 2025-Q4 stale |
| ALPS ADVISORS INC trimmed | 1,308,007 | $2M | 0.8% | 2025-Q1 stale |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 1,011,100 | $1M | 0.6% | 2025-Q3 stale |
| LMR Partners LLP added | 900,000 | $1M | 0.6% | 2025-Q3 stale |
| Caption Management, LLC added | 390,000 | $768K | 0.4% | 2025-Q4 stale |
| CANTOR FITZGERALD, L. P. added | 376,245 | $451K | 0.2% | 2025-Q3 stale |
| Hudson Bay Capital Management LP trimmed | 225,000 | $443K | 0.2% | 2025-Q4 stale |
| Perigon Wealth Management, LLC added | 216,100 | $426K | 0.2% | 2025-Q4 stale |
| Graham Capital Management, L.P. new | 326,815 | $392K | 0.2% | 2025-Q3 stale |
| Tidal Investments LLC | 245,852 | $283K | 0.1% | 2025-Q1 stale |
| Pentwater Capital Management LP new | 200,000 | $240K | 0.1% | 2025-Q3 stale |
| Kiker Wealth Management, LLC added | 188,312 | $226K | 0.1% | 2025-Q3 stale |
| Virtu Financial LLC added | 100,051 | $197K | 0.1% | 2025-Q4 stale |
| Spark Investment Management LLC new | 137,000 | $185K | 0.1% | 2025-Q2 stale |
| Smith Anglin Financial, LLC added | 135,000 | $181K | 0.1% | 2025-Q2 stale |
| SG Americas Securities, LLC new | 115,000 | $154K | 0.1% | 2025-Q2 stale |
| Empowered Funds, LLC trimmed | 73,781 | $145K | 0.1% | 2025-Q4 stale |
| Wilmington Savings Fund Society, FSB | 100,000 | $134K | 0.1% | 2025-Q2 stale |
| SOROS FUND MANAGEMENT LLC new | 64,305 | $127K | 0.1% | 2025-Q4 stale |
| SIH Partners, LLLP new | 51,666 | $102K | 0.1% | 2025-Q4 stale |
| J. Goldman & Co LP new | 67,828 | $91K | 0.0% | 2025-Q2 stale |
| WOLVERINE TRADING, LLC added | 59,572 | $74K | 0.0% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC added | 53,107 | $70K | 0.0% | 2025-Q2 stale |
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.