Who owns NFEB (NFEB)
Which tracked institutional funds hold NFEB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NFEB 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.
How the tape is positioned
The tracked-fund tape on NFEB is one-sided between 2025-Q4 and 2026-Q1: 18 added or opened and 2 trimmed or exited — on balance accumulating.
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
NFEB’s largest tracked holder by dollar value, COMMONWEALTH EQUITY SERVICES, 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 NFEB 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 50 tracked filers holding NFEB, 40 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 NFEB 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 8
- Cornerstone Wealth, LLC/TN$5M
- Element Squared LLC$1M
- ENVESTNET ASSET MANAGEMENT INC$1M
- SYON CAPITAL LLC$1M
- Steward Partners Investment Advisory, LLC$964K
- MAI Capital Management$923K
Full exits 1
- Arete Wealth Advisors, LLC$920K
Largest adds
- COMMONWEALTH EQUITY SERVICES, LLC$10M
- Kestra Advisory Services, LLC$2M
- LPL Financial LLC$1M
- Diligent Investors, LLC$1M
- Cetera Investment Advisers$795K
- TrustBank$703K
Largest trims
- IFP Advisors, Inc$344K
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC added | 400,376 | $11M | 19.9% | 2026-Q1 |
| Cornerstone Wealth, LLC/TN new | 181,685 | $5M | 9.7% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 122,949 | $3M | 6.1% | 2026-Q1 |
| LPL Financial LLC added | 79,972 | $2M | 4.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 62,883 | $2M | 3.1% | 2026-Q1 |
| Cetera Investment Advisers added | 54,695 | $1M | 2.7% | 2026-Q1 |
| Diligent Investors, LLC added | 51,312 | $1M | 2.6% | 2026-Q1 |
| TrustBank added | 40,040 | $1M | 2.0% | 2026-Q1 |
| Element Squared LLC trimmed | 39,658 | $1M | 2.0% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC new | 39,201 | $1M | 1.9% | 2026-Q1 |
| SYON CAPITAL LLC new | 36,656 | $1M | 1.8% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 36,382 | $997K | 1.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 36,158 | $990K | 1.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 36,020 | $987K | 1.8% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC new | 35,179 | $964K | 1.7% | 2026-Q1 |
| MAI Capital Management new | 33,691 | $923K | 1.7% | 2026-Q1 |
| Phoenix Financial Ltd. added | 33,619 | $913K | 1.7% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 32,916 | $902K | 1.6% | 2026-Q1 |
| HighTower Advisors, LLC | 26,265 | $719K | 1.3% | 2026-Q1 |
| AdvisorNet Financial, Inc | 22,195 | $608K | 1.1% | 2026-Q1 |
| WEDBUSH SECURITIES INC added | 22,077 | $605K | 1.1% | 2026-Q1 |
| Grantvest Financial Group LLC new | 21,792 | $597K | 1.1% | 2026-Q1 |
| NovaPoint Capital, LLC trimmed | 20,034 | $549K | 1.0% | 2026-Q1 |
| Certified Advisory Corp trimmed | 17,800 | $488K | 0.9% | 2026-Q1 |
| Beacon Pointe Advisors, LLC new | 16,901 | $463K | 0.8% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 14,793 | $405K | 0.7% | 2026-Q1 |
| FSA Advisors, Inc. added | 14,299 | $392K | 0.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 14,285 | $391K | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 12,846 | $352K | 0.6% | 2026-Q1 |
| Heck Capital Advisors, LLC new | 12,050 | $330K | 0.6% | 2026-Q1 |
| Frisch Financial Group, Inc. new | 11,367 | $311K | 0.6% | 2026-Q1 |
| Beacon Financial Advisory LLC new | 10,537 | $289K | 0.5% | 2026-Q1 |
| Prasad Wealth Partners, LLC | 10,000 | $274K | 0.5% | 2026-Q1 |
| TopTier Wealth Management, LLC added | 9,724 | $266K | 0.5% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 9,656 | $264K | 0.5% | 2026-Q1 |
| PFG Advisors new | 9,233 | $253K | 0.5% | 2026-Q1 |
| CORRADO ADVISORS, LLC added | 8,308 | $228K | 0.4% | 2026-Q1 |
| AE Wealth Management LLC added | 8,216 | $225K | 0.4% | 2026-Q1 |
| Trek Financial, LLC new | 7,621 | $209K | 0.4% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 7,066 | $194K | 0.4% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. | 6,750 | $185K | 0.3% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 6,300 | $173K | 0.3% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. added | 2,666 | $73K | 0.1% | 2026-Q1 |
| Capital Analysts, LLC new | 2,631 | $72K | 0.1% | 2026-Q1 |
| Whipplewood Advisors, LLC | 2,170 | $59K | 0.1% | 2026-Q1 |
| Anfield Capital Management, LLC new | 1,926 | $53K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 1,201 | $33K | 0.1% | 2026-Q1 |
| Capital Investment Advisory Services, LLC new | 844 | $23K | 0.0% | 2026-Q1 |
| Arax Advisory Partners new | 704 | $19K | 0.0% | 2026-Q1 |
| NewEdge Advisors, LLC new | 8,998 | $9K | 0.0% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. new | 181,000 | $4M | 7.8% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. added | 39,520 | $1M | 1.9% | 2025-Q2 stale |
| Arete Wealth Advisors, LLC trimmed | 28,792 | $920K | 1.7% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 22,554 | $585K | 1.1% | 2025-Q2 stale |
| OLD MISSION CAPITAL LLC added | 16,720 | $469K | 0.9% | 2025-Q4 stale |
| Tradition Wealth Management, LLC new | 15,791 | $410K | 0.7% | 2025-Q2 stale |
| Freedom Investment Management, Inc. trimmed | 12,219 | $332K | 0.6% | 2025-Q3 stale |
| ALTERNA WEALTH MANAGEMENT, INC | 10,310 | $268K | 0.5% | 2025-Q2 stale |
| UBS Group AG new | 3,542 | $92K | 0.2% | 2025-Q2 stale |
| Wood Tarver Financial Group, LLC | 2,448 | $63K | 0.1% | 2025-Q2 stale |
| PRINCIPAL SECURITIES, INC. | 2,064 | $56K | 0.1% | 2025-Q3 stale |
| EVOLUTION WEALTH MANAGEMENT INC. | 1,222 | $34K | 0.1% | 2025-Q4 stale |
| JPMORGAN CHASE & CO new | 746 | $20K | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.
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.