Who owns NDIV
Which tracked institutional funds hold NDIV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NDIV 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
The tracked-fund tape on NDIV is one-sided between 2026-Q1 and 2026-Q2: 0 added or opened and 4 trimmed or exited — on balance reducing.
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
NDIV’s largest tracked holder by dollar value, Paller Financial Services Inc, sizes it at 3.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NDIV 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 13 tracked filers holding NDIV, 6 increased or opened the position and 8 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 NDIV 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.
Largest trims
- OSAIC HOLDINGS, INC.$1M
- GOLDMAN SACHS GROUP INC$815K
- Paller Financial Services Inc$786K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$338K
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 |
|---|---|---|---|---|
| Paller Financial Services Inc trimmed | 140,265 | $4M | 39.9% | 2026-Q2 |
| Pasadena Private Wealth, LLC added | 28,600 | $915K | 8.1% | 2026-Q2 |
| CAP Partners, LLC added | 23,025 | $736K | 6.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 20,467 | $655K | 5.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 19,886 | $636K | 5.7% | 2026-Q2 |
| NWF Advisory Services Inc. trimmed | 17,320 | $554K | 4.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 13,568 | $434K | 3.9% | 2026-Q2 |
| Arax Advisory Partners new | 7,748 | $248K | 2.2% | 2026-Q2 |
| Hilltop Holdings Inc. new | 6,479 | $207K | 1.8% | 2026-Q2 |
| US BANCORP \DE\ | 750 | $24K | 0.2% | 2026-Q2 |
| MORGAN STANLEY added | 134 | $4K | 0.0% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. | 30 | $960 | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 0 | $10 | 0.0% | 2026-Q2 |
| Private Advisor Group, LLC added | 13,789 | $495K | 4.4% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 10,386 | $373K | 3.3% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC trimmed | 503 | $18K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Elmwood Wealth Management, Inc. trimmed | 26,914 | $726K | 6.5% | 2025-Q4 stale (2 quarters behind) |
| GTS SECURITIES LLC added | 17,949 | $484K | 4.3% | 2025-Q4 stale (2 quarters behind) |
| Quattro Advisors LLC new | 4 | $111 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 874 | $25K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 6,939 | $202K | 1.8% | 2025-Q2 stale (4 quarters behind) |
| Kathleen S. Wright Associates Inc. | 500 | $14K | 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.