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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 3,991,298 | $202M | 27.7% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 1,899,982 | $96M | 13.2% | 2026-Q1 |
| LPL Financial LLC added | 1,597,264 | $81M | 11.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,311,180 | $66M | 9.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,185,945 | $60M | 8.2% | 2026-Q1 |
| Francis Financial, Inc. new | 449,307 | $23M | 3.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 387,897 | $20M | 2.7% | 2026-Q1 |
| UBS Group AG added | 316,045 | $16M | 2.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 299,867 | $15M | 2.1% | 2026-Q1 |
| Paulson Wealth Management Inc. added | 283,790 | $14M | 2.0% | 2026-Q1 |
| Round Rock Advisors LLC added | 248,191 | $13M | 1.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 220,184 | $11M | 1.5% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 140,907 | $7M | 1.0% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 127,924 | $6M | 0.9% | 2026-Q1 |
| Rubicon Advisors, GP added | 119,095 | $6M | 0.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 116,987 | $6M | 0.8% | 2026-Q1 |
| ROBINSON SMITH WEALTH ADVISORS LLC added | 110,652 | $6M | 0.8% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 105,138 | $5M | 0.7% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 86,938 | $4M | 0.6% | 2026-Q1 |
| HighPoint Advisor Group LLC added | 85,922 | $4M | 0.6% | 2026-Q1 |
| YHB Investment Advisors, Inc. added | 79,201 | $4M | 0.6% | 2026-Q1 |
| Mutual Advisors, LLC new | 56,885 | $3M | 0.4% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 56,118 | $3M | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC added | 53,308 | $3M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 53,051 | $3M | 0.4% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 52,979 | $3M | 0.4% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 39,338 | $2M | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 38,682 | $2M | 0.3% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 37,745 | $2M | 0.3% | 2026-Q1 |
| MANCHESTER FINANCIAL INC trimmed | 35,250 | $2M | 0.2% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 33,289 | $2M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO new | 26,098 | $1M | 0.2% | 2026-Q1 |
| WETZEL INVESTMENT ADVISORS, INC. added | 25,565 | $1M | 0.2% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 39,336 | $1M | 0.2% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC new | 21,180 | $1M | 0.1% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 19,292 | $978K | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 19,027 | $965K | 0.1% | 2026-Q1 |
| ANGELES WEALTH MANAGEMENT, LLC | 17,293 | $877K | 0.1% | 2026-Q1 |
| Triumph Capital Management new | 16,977 | $861K | 0.1% | 2026-Q1 |
| Claro Advisors Inc. new | 13,411 | $680K | 0.1% | 2026-Q1 |
| Clearstead Trust, LLC new | 11,580 | $587K | 0.1% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC added | 11,357 | $576K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. new | 9,685 | $491K | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 9,096 | $461K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 9,052 | $459K | 0.1% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 8,587 | $435K | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. new | 7,869 | $399K | 0.1% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 7,367 | $374K | 0.1% | 2026-Q1 |
| Harvest Investment Services, LLC new | 6,873 | $349K | 0.0% | 2026-Q1 |
| Cerity Partners LLC | 6,599 | $335K | 0.0% | 2026-Q1 |
| Kraft, Davis & Associates, LLC new | 6,411 | $325K | 0.0% | 2026-Q1 |
| Gladstone Institutional Advisory LLC trimmed | 6,159 | $312K | 0.0% | 2026-Q1 |
| Atria Investments, Inc trimmed | 5,580 | $283K | 0.0% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 5,201 | $264K | 0.0% | 2026-Q1 |
| Aptus Capital Advisors, LLC new | 4,273 | $217K | 0.0% | 2026-Q1 |
| Relyea Zuckerberg Hanson LLC added | 4,036 | $205K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 4,033 | $205K | 0.0% | 2026-Q1 |
| NWF Advisory Services Inc. | 4,000 | $203K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,400 | $121K | 0.0% | 2026-Q1 |
| Cornerstone Wealth Partners, LLC new | 1,004 | $51K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 1,002 | $51K | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC new | 900 | $46K | 0.0% | 2026-Q1 |
| PRIVATE TRUST CO NA | 400 | $20K | 0.0% | 2026-Q1 |
| IFG Advisory, LLC new | 341 | $17K | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 195 | $10K | 0.0% | 2026-Q1 |
| CWM, LLC | 75 | $4K | 0.0% | 2026-Q1 |
| SouthState Bank Corp new | 55 | $3K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC | 29 | $1K | 0.0% | 2026-Q1 |
| Convergence Financial, LLC added | 235,953 | $12M | 1.7% | 2025-Q4 stale |
| J.W. COLE ADVISORS, INC. trimmed | 67,287 | $3M | 0.5% | 2025-Q4 stale |
| Main Street Financial Solutions, LLC added | 48,369 | $2M | 0.3% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC new | 32,241 | $2M | 0.2% | 2025-Q4 stale |
| Mariner, LLC added | 26,283 | $1M | 0.2% | 2025-Q2 stale |
| Systelligence, LLC new | 22,068 | $1M | 0.2% | 2025-Q4 stale |
| GOLDMAN SACHS GROUP INC trimmed | 5,676 | $290K | 0.0% | 2025-Q3 stale |
| MAGNOLIA CAPITAL ADVISORS LLC new | 4,000 | $205K | 0.0% | 2025-Q4 stale |
| COMERICA BANK added | 2,800 | $143K | 0.0% | 2025-Q4 stale |
| Global Retirement Partners, LLC | 375 | $19K | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 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.