Who owns NCV
Which tracked institutional funds hold NCV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NCV 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
14 tracked funds added or opened NCV 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
NCV’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 gap the other way — the median holder sizes NCV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in NCV 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 55 tracked filers holding NCV, 28 increased or opened the position and 31 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 NCV 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 3
- Thomas J. Herzfeld Advisors, Inc.$3M
- NewEdge Advisors, LLC$1M
- CHOREO, LLC$590K
Full exits 5
- Penserra Capital Management LLC$6M
- Private Advisor Group, LLC$2M
- PARK AVENUE SECURITIES LLC$1M
- Thrivent Financial for Lutherans$589K
- READYSTATE ASSET MANAGEMENT LP$547K
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$4M
- GUGGENHEIM CAPITAL LLC$3M
- Advisors Asset Management, Inc.$3M
- Congress Park Capital LLC$2M
- MORGAN STANLEY$2M
- LPL Financial LLC$1M
Largest trims
- Saba Capital Management, L.P.$5M
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 trimmed | 1,200,261 | $21M | 17.1% | 2026-Q2 |
| Congress Park Capital LLC added | 813,039 | $14M | 11.6% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 662,033 | $12M | 9.4% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 517,653 | $9M | 7.4% | 2026-Q2 |
| LPL Financial LLC added | 387,995 | $7M | 5.5% | 2026-Q2 |
| Saba Capital Management, L.P. trimmed | 336,482 | $6M | 4.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 305,024 | $5M | 4.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 261,266 | $5M | 3.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 259,164 | $5M | 3.7% | 2026-Q2 |
| Thomas J. Herzfeld Advisors, Inc. added | 185,909 | $3M | 2.7% | 2026-Q2 |
| Summit Financial, LLC trimmed | 120,157 | $2M | 1.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 106,675 | $2M | 1.5% | 2026-Q2 |
| NewEdge Advisors, LLC added | 85,040 | $1M | 1.2% | 2026-Q2 |
| CoreCap Advisors, LLC added | 72,675 | $1M | 1.0% | 2026-Q2 |
| Invesco Ltd. added | 65,455 | $1M | 0.9% | 2026-Q2 |
| Wealth Care LLC trimmed | 62,340 | $1M | 0.9% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 50,394 | $886K | 0.7% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added | 41,663 | $733K | 0.6% | 2026-Q2 |
| CHOREO, LLC added | 33,521 | $590K | 0.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 33,460 | $589K | 0.5% | 2026-Q2 |
| Lido Advisors, LLC | 31,729 | $558K | 0.5% | 2026-Q2 |
| Cetera Investment Advisers added | 30,837 | $542K | 0.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 30,596 | $538K | 0.4% | 2026-Q2 |
| &PARTNERS | 27,347 | $481K | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 26,014 | $458K | 0.4% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 22,363 | $393K | 0.3% | 2026-Q2 |
| Mariner, LLC added | 19,699 | $347K | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 17,470 | $307K | 0.2% | 2026-Q2 |
| INTEGRATED CAPITAL MANAGEMENT, INC. trimmed | 14,301 | $252K | 0.2% | 2026-Q2 |
| Everstar Asset Management, LLC added | 14,025 | $242K | 0.2% | 2026-Q2 |
| E&G Advisors, LLC trimmed | 11,749 | $207K | 0.2% | 2026-Q2 |
| Alteri Wealth LLC | 11,380 | $200K | 0.2% | 2026-Q2 |
| Shaker Financial Services, LLC trimmed | 10,712 | $188K | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC added | 8,515 | $150K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 6,131 | $108K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC trimmed | 4,653 | $82K | 0.1% | 2026-Q2 |
| Clear Street Group Inc. new | 3,189 | $56K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 3,069 | $54K | 0.0% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. trimmed | 2,437 | $43K | 0.0% | 2026-Q2 |
| TRUST CO OF VERMONT | 1,631 | $29K | 0.0% | 2026-Q2 |
| Institute for Wealth Management, LLC. new | 1,529 | $27K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. new | 1,500 | $26K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 1,320 | $23K | 0.0% | 2026-Q2 |
| WPG Advisers, LLC trimmed | 1,073 | $19K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 1,037 | $18K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 840 | $15K | 0.0% | 2026-Q2 |
| Financial Gravity Companies, Inc. | 793 | $14K | 0.0% | 2026-Q2 |
| GHP Investment Advisors, Inc. | 750 | $13K | 0.0% | 2026-Q2 |
| PEOPLES FINANCIAL SERVICES CORP. | 707 | $12K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 372 | $7K | 0.0% | 2026-Q2 |
| ASSETMARK, INC added | 307 | $5K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC added | 175 | $3K | 0.0% | 2026-Q2 |
| PENSION & WEALTH MANAGEMENT ADVISORS, INC. | 93 | $2K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 68 | $1K | 0.0% | 2026-Q2 |
| WHITTIER TRUST CO OF NEVADA INC | 4 | $69 | 0.0% | 2026-Q2 |
| Penserra Capital Management LLC trimmed | 378,576 | $6M | 4.6% | 2026-Q1 stale (1 quarter behind) |
| Private Advisor Group, LLC added | 164,322 | $2M | 2.0% | 2026-Q1 stale (1 quarter behind) |
| PARK AVENUE SECURITIES LLC trimmed | 84,620 | $1M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Thrivent Financial for Lutherans | 39,548 | $589K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| READYSTATE ASSET MANAGEMENT LP added | 36,738 | $547K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Pathstone Holdings, LLC added | 31,460 | $468K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 29,312 | $436K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 28,006 | $417K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| MILLENNIUM MANAGEMENT LLC new | 26,730 | $398K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC added | 4,666 | $69K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Financial Gravity Asset Management, Inc. | 793 | $12K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 616 | $9K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BlackRock, Inc. new | 422 | $6K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Root Financial Partners, LLC new | 161 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| FMR LLC added | 2 | $30 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Logan Stone Capital, LLC added | 53,013 | $803K | 0.7% | 2025-Q4 stale (2 quarters behind) |
| ROBINSON CAPITAL MANAGEMENT, LLC | 31,336 | $475K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| HighTower Advisors, LLC trimmed | 13,020 | $197K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Closed-End Fund Advisors, Inc. new | 11,835 | $179K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Fortitude Family Office, LLC | 2,500 | $38K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK added | 1,297 | $20K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Kilter Group LLC trimmed | 852 | $13K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Wealth Preservation Advisors, LLC | 196 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| WNY Asset Management, LLC trimmed | 104,704 | $2M | 1.3% | 2025-Q3 stale (3 quarters behind) |
| Cornerstone Advisors, LLC trimmed | 63,250 | $949K | 0.8% | 2025-Q3 stale (3 quarters behind) |
| JANE STREET GROUP, LLC added | 25,322 | $380K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. trimmed | 10,428 | $156K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Ameritas Advisory Services, LLC new | 1,002 | $15K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Newbridge Financial Services Group, Inc. | 356 | $5K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 35,139 | $499K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| Walleye Capital LLC trimmed | 31,707 | $450K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| Ionic Capital Management LLC | 28,013 | $398K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Total Wealth Planning & Management, Inc. new | 20,217 | $287K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Good Life Advisors, LLC trimmed | 19,565 | $278K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| STIFEL FINANCIAL CORP | 10,295 | $146K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| WEDBUSH SECURITIES INC trimmed | 10,000 | $142K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Geneos Wealth Management Inc. trimmed | 6,943 | $99K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Elequin Capital, LP trimmed | 4,907 | $70K | 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.