Who owns 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-Q2 13F filings (latest filed 2026-09-02). 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
22 tracked funds added or opened NBSD while 18 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
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 2026-Q1 and 2026-Q2, across 63 tracked filers holding NBSD, 39 increased or opened the position and 35 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 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 5
- AMERIPRISE FINANCIAL INC$22M
- Convergence Financial, LLC$7M
- J.W. COLE ADVISORS, INC.$4M
- GOLDMAN SACHS GROUP INC$2M
- Quantinno Capital Management LP$1M
Full exits 5
- Cambridge Investment Research Advisors, Inc.$5M
- HighTower Advisors, LLC$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
- Janney Montgomery Scott LLC$2M
- ANGELES WEALTH MANAGEMENT, LLC$877K
Largest adds
- MORGAN STANLEY$60M
- RAYMOND JAMES FINANCIAL INC$32M
- BANK OF AMERICA CORP /DE/$28M
- LPL Financial LLC$23M
- Integrated Wealth Concepts LLC$16M
- JANE STREET GROUP, LLC$5M
Largest trims
- Paulson Wealth Management Inc.$14M
- Rubicon Advisors, GP$4M
- Steward Partners Investment Advisory, LLC$3M
- CITADEL ADVISORS LLC$2M
- JPMORGAN CHASE & CO$1M
- Private Advisor Group, LLC$1M
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 | 5,195,919 | $262M | 29.0% | 2026-Q2 |
| LPL Financial LLC added | 2,057,290 | $104M | 11.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,953,682 | $99M | 10.9% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 1,893,567 | $96M | 10.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,743,169 | $88M | 9.7% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 699,145 | $35M | 3.9% | 2026-Q2 |
| Francis Financial, Inc. added | 493,314 | $25M | 2.8% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC new | 449,669 | $22M | 2.5% | 2026-Q2 |
| UBS Group AG added | 318,934 | $16M | 1.8% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 298,048 | $15M | 1.7% | 2026-Q2 |
| Round Rock Advisors LLC added | 257,509 | $13M | 1.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 252,485 | $13M | 1.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 186,121 | $9M | 1.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 144,714 | $7M | 0.8% | 2026-Q2 |
| Convergence Financial, LLC trimmed | 135,405 | $7M | 0.8% | 2026-Q2 |
| Main Street Financial Solutions, LLC added | 128,621 | $6M | 0.7% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 126,218 | $6M | 0.7% | 2026-Q2 |
| ROBINSON SMITH WEALTH ADVISORS LLC trimmed | 103,592 | $5M | 0.6% | 2026-Q2 |
| YHB Investment Advisors, Inc. added | 89,929 | $5M | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 84,807 | $4M | 0.5% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 83,024 | $4M | 0.5% | 2026-Q2 |
| HighPoint Advisor Group LLC trimmed | 78,269 | $4M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 76,297 | $4M | 0.4% | 2026-Q2 |
| NewEdge Advisors, LLC added | 72,279 | $4M | 0.4% | 2026-Q2 |
| Mutual Advisors, LLC added | 60,608 | $3M | 0.3% | 2026-Q2 |
| Rubicon Advisors, GP trimmed | 47,512 | $2M | 0.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 44,540 | $2M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC | 39,338 | $2M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 36,973 | $2M | 0.2% | 2026-Q2 |
| MANCHESTER FINANCIAL INC trimmed | 33,627 | $2M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 32,876 | $2M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 28,648 | $1M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 28,228 | $1M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 23,603 | $1M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP new | 22,742 | $1M | 0.1% | 2026-Q2 |
| Triumph Capital Management added | 20,148 | $1M | 0.1% | 2026-Q2 |
| WETZEL INVESTMENT ADVISORS, INC. trimmed | 19,484 | $984K | 0.1% | 2026-Q2 |
| Harvest Investment Services, LLC added | 19,004 | $960K | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 16,764 | $847K | 0.1% | 2026-Q2 |
| Clearstead Trust, LLC added | 16,504 | $834K | 0.1% | 2026-Q2 |
| Claro Advisors Inc. added | 13,497 | $682K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 12,797 | $646K | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 12,600 | $636K | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 12,496 | $631K | 0.1% | 2026-Q2 |
| Kraft, Davis & Associates, LLC added | 11,387 | $575K | 0.1% | 2026-Q2 |
| KINGSWOOD WEALTH ADVISORS, LLC trimmed | 11,118 | $562K | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 8,459 | $427K | 0.0% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 8,352 | $422K | 0.0% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 6,969 | $352K | 0.0% | 2026-Q2 |
| Paulson Wealth Management Inc. trimmed | 6,462 | $326K | 0.0% | 2026-Q2 |
| SAGESPRING WEALTH PARTNERS, LLC trimmed | 6,183 | $312K | 0.0% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 6,175 | $312K | 0.0% | 2026-Q2 |
| Atria Investments, Inc trimmed | 4,701 | $237K | 0.0% | 2026-Q2 |
| KINTRA WEALTH, LLC new | 4,450 | $226K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 4,033 | $204K | 0.0% | 2026-Q2 |
| NWF Advisory Services Inc. | 4,000 | $202K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 2,027 | $102K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,739 | $88K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 1,211 | $61K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA added | 598 | $30K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC added | 433 | $22K | 0.0% | 2026-Q2 |
| IFG Advisory, LLC added | 345 | $17K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 35 | $2K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 105,138 | $5M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC trimmed | 56,118 | $3M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 53,051 | $3M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC added | 33,289 | $2M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| ANGELES WEALTH MANAGEMENT, LLC | 17,293 | $877K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Cerity Partners LLC | 6,599 | $335K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Ausdal Financial Partners, Inc. added | 5,201 | $264K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Aptus Capital Advisors, LLC new | 4,273 | $217K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Relyea Zuckerberg Hanson LLC added | 4,036 | $205K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Cornerstone Wealth Partners, LLC new | 1,004 | $51K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 900 | $46K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC | 75 | $4K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| SouthState Bank Corp new | 55 | $3K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Farther Finance Advisors, LLC | 29 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC new | 32,241 | $2M | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Systelligence, LLC new | 22,068 | $1M | 0.1% | 2025-Q4 stale (2 quarters behind) |
| MAGNOLIA CAPITAL ADVISORS LLC new | 4,000 | $205K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK added | 2,800 | $143K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Mariner, LLC added | 26,283 | $1M | 0.1% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.