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Institutional Ownership · SEC Form 13F

Who owns NBSD (NBSD)


Which tracked institutional funds hold NBSD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NBSD 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.

68
Institutional holders
13,952,697
Shares held (tracked funds)

How the tape is positioned

30 tracked funds added or opened NBSD while 12 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

NBSD’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 conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in NBSD 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 68 tracked filers holding NBSD, 50 increased or opened the position and 20 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 NBSD 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 8

  • Francis Financial, Inc.$23M
  • UBS Group AG$16M
  • Mutual Advisors, LLC$3M
  • JPMORGAN CHASE & CO$1M
  • KINGSWOOD WEALTH ADVISORS, LLC$1M
  • Triumph Capital Management$861K

Full exits 5

  • Convergence Financial, LLC$12M
  • J.W. COLE ADVISORS, INC.$3M
  • Main Street Financial Solutions, LLC$2M
  • FLOW TRADERS U.S. LLC$2M
  • Systelligence, LLC$1M

Largest adds

  • MORGAN STANLEY$76M
  • BANK OF AMERICA CORP /DE/$23M
  • Integrated Wealth Concepts LLC$19M
  • LPL Financial LLC$15M
  • RAYMOND JAMES FINANCIAL INC$12M
  • CITADEL ADVISORS LLC$5M

Largest trims

  • NEUBERGER BERMAN GROUP LLC$50M
  • WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$8M
  • JANE STREET GROUP, LLC$5M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
  • NewEdge Advisors, LLC$1M
  • GREAT VALLEY ADVISOR GROUP, INC.$974K

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).

FundSharesReported value% of valueQuarter
MORGAN STANLEY added3,991,298$202M27.7%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed1,899,982$96M13.2%2026-Q1
LPL Financial LLC added1,597,264$81M11.1%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,311,180$66M9.1%2026-Q1
BANK OF AMERICA CORP /DE/ added1,185,945$60M8.2%2026-Q1
Francis Financial, Inc. new449,307$23M3.1%2026-Q1
Integrated Wealth Concepts LLC added387,897$20M2.7%2026-Q1
UBS Group AG added316,045$16M2.2%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed299,867$15M2.1%2026-Q1
Paulson Wealth Management Inc. added283,790$14M2.0%2026-Q1
Round Rock Advisors LLC added248,191$13M1.7%2026-Q1
OSAIC HOLDINGS, INC. added220,184$11M1.5%2026-Q1
Steward Partners Investment Advisory, LLC added140,907$7M1.0%2026-Q1
CITADEL ADVISORS LLC added127,924$6M0.9%2026-Q1
Rubicon Advisors, GP added119,095$6M0.8%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added116,987$6M0.8%2026-Q1
ROBINSON SMITH WEALTH ADVISORS LLC added110,652$6M0.8%2026-Q1
Cambridge Investment Research Advisors, Inc. added105,138$5M0.7%2026-Q1
JANE STREET GROUP, LLC trimmed86,938$4M0.6%2026-Q1
HighPoint Advisor Group LLC added85,922$4M0.6%2026-Q1
YHB Investment Advisors, Inc. added79,201$4M0.6%2026-Q1
Mutual Advisors, LLC new56,885$3M0.4%2026-Q1
HighTower Advisors, LLC trimmed56,118$3M0.4%2026-Q1
Private Advisor Group, LLC added53,308$3M0.4%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed53,051$3M0.4%2026-Q1
JONES FINANCIAL COMPANIES LLLP added52,979$3M0.4%2026-Q1
Gotham Asset Management, LLC trimmed39,338$2M0.3%2026-Q1
STIFEL FINANCIAL CORP added38,682$2M0.3%2026-Q1
Kestra Advisory Services, LLC added37,745$2M0.3%2026-Q1
MANCHESTER FINANCIAL INC trimmed35,250$2M0.2%2026-Q1
Janney Montgomery Scott LLC added33,289$2M0.2%2026-Q1
JPMORGAN CHASE & CO new26,098$1M0.2%2026-Q1
WETZEL INVESTMENT ADVISORS, INC. added25,565$1M0.2%2026-Q1
NewEdge Advisors, LLC trimmed39,336$1M0.2%2026-Q1
KINGSWOOD WEALTH ADVISORS, LLC new21,180$1M0.1%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. trimmed19,292$978K0.1%2026-Q1
Sanctuary Advisors, LLC added19,027$965K0.1%2026-Q1
ANGELES WEALTH MANAGEMENT, LLC17,293$877K0.1%2026-Q1
Triumph Capital Management new16,977$861K0.1%2026-Q1
Claro Advisors Inc. new13,411$680K0.1%2026-Q1
Clearstead Trust, LLC new11,580$587K0.1%2026-Q1
SAGESPRING WEALTH PARTNERS, LLC added11,357$576K0.1%2026-Q1
Rockefeller Capital Management L.P. new9,685$491K0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added9,096$461K0.1%2026-Q1
Cetera Investment Advisers added9,052$459K0.1%2026-Q1
MGO ONE SEVEN LLC added8,587$435K0.1%2026-Q1
Stratos Wealth Partners, LTD. new7,869$399K0.1%2026-Q1
IHT Wealth Management, LLC trimmed7,367$374K0.1%2026-Q1
Harvest Investment Services, LLC new6,873$349K0.0%2026-Q1
Cerity Partners LLC6,599$335K0.0%2026-Q1
Kraft, Davis & Associates, LLC new6,411$325K0.0%2026-Q1
Gladstone Institutional Advisory LLC trimmed6,159$312K0.0%2026-Q1
Atria Investments, Inc trimmed5,580$283K0.0%2026-Q1
Ausdal Financial Partners, Inc. added5,201$264K0.0%2026-Q1
Aptus Capital Advisors, LLC new4,273$217K0.0%2026-Q1
Relyea Zuckerberg Hanson LLC added4,036$205K0.0%2026-Q1
FIFTH THIRD BANCORP new4,033$205K0.0%2026-Q1
NWF Advisory Services Inc.4,000$203K0.0%2026-Q1
ROYAL BANK OF CANADA added2,400$121K0.0%2026-Q1
Cornerstone Wealth Partners, LLC new1,004$51K0.0%2026-Q1
Geneos Wealth Management Inc. added1,002$51K0.0%2026-Q1
Western Wealth Management, LLC new900$46K0.0%2026-Q1
PRIVATE TRUST CO NA400$20K0.0%2026-Q1
IFG Advisory, LLC new341$17K0.0%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new195$10K0.0%2026-Q1
CWM, LLC75$4K0.0%2026-Q1
SouthState Bank Corp new55$3K0.0%2026-Q1
Farther Finance Advisors, LLC29$1K0.0%2026-Q1
Convergence Financial, LLC added235,953$12M1.7%2025-Q4 stale
J.W. COLE ADVISORS, INC. trimmed67,287$3M0.5%2025-Q4 stale
Main Street Financial Solutions, LLC added48,369$2M0.3%2025-Q4 stale
FLOW TRADERS U.S. LLC new32,241$2M0.2%2025-Q4 stale
Mariner, LLC added26,283$1M0.2%2025-Q2 stale
Systelligence, LLC new22,068$1M0.2%2025-Q4 stale
GOLDMAN SACHS GROUP INC trimmed5,676$290K0.0%2025-Q3 stale
MAGNOLIA CAPITAL ADVISORS LLC new4,000$205K0.0%2025-Q4 stale
COMERICA BANK added2,800$143K0.0%2025-Q4 stale
Global Retirement Partners, LLC375$19K0.0%2025-Q4 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership