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Institutional Ownership · SEC Form 13F

Who owns NEPH (NEPH)


Which tracked institutional funds hold NEPH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NEPH 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.

27
Institutional holders
5,370,279
Shares held (tracked funds)
50.5%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on NEPH is one-sided between 2025-Q4 and 2026-Q1: 1 added or opened and 3 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

NEPH’s largest tracked holder by dollar value, WEXFORD CAPITAL LP, sizes it at 1.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in NEPH 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 27 tracked filers holding NEPH, 9 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 NEPH 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 1

  • VANGUARD CAPITAL MANAGEMENT LLC$592K

Full exits 1

  • VANGUARD GROUP INC$1M

Largest trims

  • WEXFORD CAPITAL LP$7M
  • Topline Capital Management, 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).

FundSharesReported value% of valueQuarter
WEXFORD CAPITAL LP trimmed3,600,552$11M59.6%2026-Q1
Topline Capital Management, LLC trimmed581,967$2M9.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new198,643$592K3.3%2026-Q1
Cornerstone Capital, Inc. new128,700$384K2.1%2026-Q1
BARD ASSOCIATES INC trimmed121,202$361K2.0%2026-Q1
Mesirow Financial Investment Management, Inc. added120,000$358K2.0%2026-Q1
MORGAN STANLEY added110,915$331K1.8%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed99,400$296K1.6%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed72,925$217K1.2%2026-Q1
HighTower Advisors, LLC59,710$178K1.0%2026-Q1
ESSEX INVESTMENT MANAGEMENT CO LLC38,984$116K0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new36,901$110K0.6%2026-Q1
BLAIR WILLIAM & CO/IL36,249$108K0.6%2026-Q1
De Lisle Partners LLP25,000$74K0.4%2026-Q1
CITADEL ADVISORS LLC added20,888$62K0.3%2026-Q1
DIMENSIONAL FUND ADVISORS LP added20,745$62K0.3%2026-Q1
NAVELLIER & ASSOCIATES INC trimmed19,126$57K0.3%2026-Q1
STATE STREET CORP15,698$47K0.3%2026-Q1
GOLDMAN SACHS GROUP INC trimmed14,163$42K0.2%2026-Q1
PRELUDE CAPITAL MANAGEMENT, LLC trimmed13,680$41K0.2%2026-Q1
ELKHORN PARTNERS LIMITED PARTNERSHIP added12,000$36K0.2%2026-Q1
Cannell & Spears LLC11,000$33K0.2%2026-Q1
NORTHERN TRUST CORP10,828$32K0.2%2026-Q1
ROYAL BANK OF CANADA added747$2K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed175$5210.0%2026-Q1
HARBOUR INVESTMENTS, INC.50$1490.0%2026-Q1
JONES FINANCIAL COMPANIES LLLP31$900.0%2026-Q1
VANGUARD GROUP INC trimmed233,644$1M6.3%2025-Q4 stale
Cambridge Investment Research Advisors, Inc. new69,149$337K1.9%2025-Q4 stale
Quadrature Capital Ltd new23,004$112K0.6%2025-Q4 stale
MARSHALL WACE, LLP new21,983$107K0.6%2025-Q4 stale
XTX Topco Ltd added21,617$105K0.6%2025-Q4 stale
Heron Bay Capital Management new13,471$66K0.4%2025-Q4 stale
Centiva Capital, LP new10,835$53K0.3%2025-Q4 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed10,373$49K0.3%2025-Q3 stale
Kestra Advisory Services, LLC new6,015$29K0.2%2025-Q4 stale
Tower Research Capital LLC (TRC) trimmed1,105$5K0.0%2025-Q2 stale
SageView Advisory Group, LLC new590$3K0.0%2025-Q4 stale
BARCLAYS PLC new106$5010.0%2025-Q3 stale
BANK OF AMERICA CORP /DE/ trimmed73$3560.0%2025-Q4 stale
UBS Group AG trimmed66$3120.0%2025-Q3 stale
NewEdge Advisors, LLC trimmed27$1320.0%2025-Q4 stale
JPMORGAN CHASE & CO trimmed13$220.0%2025-Q1 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership