Who owns NBSM
Which tracked institutional funds hold NBSM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NBSM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
7 tracked funds added or opened NBSM while 6 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
NBSM’s largest tracked holder by dollar value, NEUBERGER BERMAN GROUP LLC, 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 NBSM 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 20 tracked filers holding NBSM, 13 increased or opened the position and 10 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 NBSM 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 2
- MORGAN STANLEY$2M
- Worth Financial Advisory Group, LLC$836K
Full exits 3
- Cambridge Investment Research Advisors, Inc.$3M
- MOTCO$2M
- HighTower Advisors, LLC$1M
Largest adds
- STAGE HARBOR FINANCIAL, LLC$1M
- BANK OF AMERICA CORP /DE/$1M
- RAYMOND JAMES FINANCIAL INC$1M
- Broadway Wealth Solutions, Inc.$668K
- JONES FINANCIAL COMPANIES LLLP$451K
Largest trims
- NEUBERGER BERMAN GROUP LLC$108M
- ROYAL BANK OF CANADA$564K
- LPL Financial LLC$323K
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 |
|---|---|---|---|---|
| NEUBERGER BERMAN GROUP LLC trimmed | 747,128 | $21M | 29.9% | 2026-Q2 |
| LPL Financial LLC trimmed | 269,987 | $8M | 10.8% | 2026-Q2 |
| STAGE HARBOR FINANCIAL, LLC added | 254,627 | $7M | 10.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 226,172 | $6M | 9.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 199,777 | $6M | 8.0% | 2026-Q2 |
| Broadway Wealth Solutions, Inc. added | 129,898 | $4M | 5.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 110,340 | $3M | 4.4% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 107,783 | $3M | 4.3% | 2026-Q2 |
| MORGAN STANLEY new | 53,175 | $2M | 2.1% | 2026-Q2 |
| Worth Financial Advisory Group, LLC added | 29,136 | $836K | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 25,229 | $724K | 1.0% | 2026-Q2 |
| BARNES PETTEY FINANCIAL ADVISORS, LLC added | 16,980 | $487K | 0.7% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 13,873 | $398K | 0.6% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 12,358 | $355K | 0.5% | 2026-Q2 |
| Pathstone Holdings, LLC | 11,570 | $332K | 0.5% | 2026-Q2 |
| BARRETT & COMPANY, INC. added | 3,814 | $110K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 3,098 | $89K | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. new | 1,499 | $43K | 0.1% | 2026-Q2 |
| UBS Group AG new | 1,491 | $43K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 75 | $2K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 114,475 | $3M | 4.0% | 2026-Q1 stale (1 quarter behind) |
| MOTCO added | 66,351 | $2M | 2.3% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 44,876 | $1M | 1.6% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC new | 12,964 | $327K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Chevy Chase Trust Holdings, LLC new | 11,050 | $278K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Mariner, LLC added | 70,096 | $2M | 2.4% | 2025-Q2 stale (4 quarters behind) |
| Christopher J. Hasenberg, Inc new | 5,044 | $126K | 0.2% | 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.