Who owns NFLT
Which tracked institutional funds hold NFLT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NFLT company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
19 tracked funds added or opened NFLT while 10 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
NFLT’s largest tracked holder by dollar value, Retirement Planning Group, LLC, sizes it at 2.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NFLT 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 72 tracked filers holding NFLT, 44 increased or opened the position and 30 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 NFLT 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
- Sanctuary Advisors, LLC$4M
- Burnham & Co LLC$549K
Full exits 5
- Cambridge Investment Research Advisors, Inc.$6M
- Trask Adam Roland$908K
- JANE STREET GROUP, LLC$860K
- OLD MISSION CAPITAL LLC$801K
- FLOW TRADERS U.S. LLC$547K
Largest adds
- Retirement Planning Group, LLC$12M
- STIFEL FINANCIAL CORP$4M
- Compound Planning, Inc.$4M
- IFP Advisors, Inc$4M
- Essex Financial Services, Inc.$2M
- BENJAMIN EDWARDS INC$2M
Largest trims
- LPL Financial LLC$10M
- Bleakley Financial Group, LLC$901K
- Total Clarity Wealth Management, Inc.$885K
- EverSource Wealth Advisors, LLC$686K
- Elwood & Goetz Wealth Advisory Group, LLC$370K
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 |
|---|---|---|---|---|
| Retirement Planning Group, LLC added | 4,940,760 | $113M | 30.5% | 2026-Q2 |
| Compound Planning, Inc. added | 1,637,454 | $38M | 10.1% | 2026-Q2 |
| LPL Financial LLC trimmed | 1,069,103 | $25M | 6.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,051,963 | $24M | 6.5% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 980,405 | $23M | 6.1% | 2026-Q2 |
| Elwood & Goetz Wealth Advisory Group, LLC trimmed | 765,724 | $18M | 4.7% | 2026-Q2 |
| Peak Financial Management, Inc. added | 589,643 | $14M | 3.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 419,942 | $10M | 2.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 338,105 | $8M | 2.1% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 303,369 | $7M | 1.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 263,289 | $6M | 1.6% | 2026-Q2 |
| IFP Advisors, Inc added | 234,059 | $5M | 1.4% | 2026-Q2 |
| Maridea Wealth Management LLC added | 218,532 | $5M | 1.4% | 2026-Q2 |
| Essex Financial Services, Inc. added | 188,070 | $4M | 1.2% | 2026-Q2 |
| Fifth Third Securities, Inc. added | 177,615 | $4M | 1.1% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT trimmed | 165,607 | $4M | 1.0% | 2026-Q2 |
| Sanctuary Advisors, LLC new | 163,497 | $4M | 1.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 144,520 | $3M | 0.9% | 2026-Q2 |
| KINGSWOOD WEALTH ADVISORS, LLC added | 143,011 | $3M | 0.9% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 112,528 | $3M | 0.7% | 2026-Q2 |
| Private Advisor Group, LLC added | 111,752 | $3M | 0.7% | 2026-Q2 |
| Bleakley Financial Group, LLC trimmed | 111,119 | $3M | 0.7% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 110,799 | $3M | 0.7% | 2026-Q2 |
| FLYNN ZITO CAPITAL MANAGEMENT, LLC added | 104,144 | $2M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 73,568 | $2M | 0.5% | 2026-Q2 |
| SAGESPRING WEALTH PARTNERS, LLC added | 68,411 | $2M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 66,170 | $2M | 0.4% | 2026-Q2 |
| NewEdge Advisors, LLC added | 62,041 | $1M | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 57,495 | $1M | 0.4% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 53,944 | $1M | 0.3% | 2026-Q2 |
| VestGen Advisors, LLC added | 53,831 | $1M | 0.3% | 2026-Q2 |
| Summit Financial, LLC added | 53,728 | $1M | 0.3% | 2026-Q2 |
| Total Clarity Wealth Management, Inc. trimmed | 49,793 | $1M | 0.3% | 2026-Q2 |
| Sonoma Allocations LLC added | 43,557 | $998K | 0.3% | 2026-Q2 |
| Valmark Advisers, Inc. added | 43,142 | $990K | 0.3% | 2026-Q2 |
| Kingsview Wealth Management, LLC trimmed | 42,278 | $970K | 0.3% | 2026-Q2 |
| Bright Futures Wealth Management, LLC. added | 40,564 | $931K | 0.3% | 2026-Q2 |
| BankPlus Wealth Management LLC trimmed | 37,692 | $865K | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 37,634 | $864K | 0.2% | 2026-Q2 |
| BOYUM WEALTH ARCHITECTS LLC added | 36,643 | $837K | 0.2% | 2026-Q2 |
| &PARTNERS added | 35,378 | $812K | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 26,006 | $597K | 0.2% | 2026-Q2 |
| Wealth Management Partners, LLC trimmed | 25,028 | $574K | 0.2% | 2026-Q2 |
| ARWA LLC added | 24,602 | $564K | 0.2% | 2026-Q2 |
| Burnham & Co LLC new | 23,900 | $549K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 23,570 | $541K | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 18,567 | $426K | 0.1% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 18,504 | $425K | 0.1% | 2026-Q2 |
| Chokshi & Queen Wealth Advisors, Inc | 18,362 | $421K | 0.1% | 2026-Q2 |
| HF Advisory Group, LLC added | 17,461 | $401K | 0.1% | 2026-Q2 |
| Western Wealth Management, LLC trimmed | 14,243 | $327K | 0.1% | 2026-Q2 |
| Sigma Planning Corp added | 13,381 | $307K | 0.1% | 2026-Q2 |
| PFG Advisors trimmed | 13,277 | $305K | 0.1% | 2026-Q2 |
| Financial Network Wealth Advisors LLC | 12,823 | $294K | 0.1% | 2026-Q2 |
| Quantum Private Wealth, LLC trimmed | 12,500 | $287K | 0.1% | 2026-Q2 |
| Stonebridge Financial Group, LLC / MO added | 12,180 | $280K | 0.1% | 2026-Q2 |
| Arete Wealth Advisors, LLC added | 10,842 | $249K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 9,944 | $228K | 0.1% | 2026-Q2 |
| TCFG Investment Advisors, LLC | 9,797 | $225K | 0.1% | 2026-Q2 |
| COMMERCE BANK new | 8,738 | $201K | 0.1% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 5,668 | $130K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 4,700 | $108K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA new | 3,065 | $70K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 1,468 | $34K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 1,265 | $29K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 631 | $14K | 0.0% | 2026-Q2 |
| VIRTUS ADVISERS, LLC trimmed | 512 | $12K | 0.0% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. trimmed | 281 | $6K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 271 | $6K | 0.0% | 2026-Q2 |
| Virtus Fixed Income Advisers, LLC | 181 | $4K | 0.0% | 2026-Q2 |
| Elevated Capital Advisors, LLC | 87 | $2K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 2 | $50 | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 277,795 | $6M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| Trask Adam Roland new | 39,900 | $908K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 37,800 | $860K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| OLD MISSION CAPITAL LLC new | 35,212 | $801K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC added | 24,061 | $547K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| INTEGRITY WEALTH ADVISORS, INC. trimmed | 10,361 | $236K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| TUCKER ASSET MANAGEMENT LLC trimmed | 3,890 | $88K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Pinnacle Bancorp, Inc. new | 893 | $20K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC added | 566 | $13K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Evolution Advisers, Inc. | 17 | — | 0.0% | 2026-Q1 stale (1 quarter behind) |
| AE Wealth Management LLC new | 1,685 | $39K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 1,241 | $29K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG added | 311 | $7K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| New Millennium Group LLC trimmed | 24 | $553 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JONES FINANCIAL COMPANIES LLLP trimmed | 0 | — | 0.0% | 2025-Q4 stale (2 quarters behind) |
| New Century Financial Group, LLC trimmed | 9,498 | $219K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| PRINCIPAL SECURITIES, INC. added | 688 | $16K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Advisory Resource Group added | 198,105 | $5M | 1.2% | 2025-Q2 stale (4 quarters behind) |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 10,811 | $247K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| FARMERS & MERCHANTS INVESTMENTS INC | 1,350 | $31K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Semmax Financial Advisors Inc. | 68 | $2K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| ASSETMARK, INC | 62 | $1K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| FMR LLC added | 10 | $228 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: TCFG WEALTH MANAGEMENT, LLC (last filed 2026-Q1, 9,797 shares) reconciles to its 1 current affiliate (9,797 shares) — 0.000% apart.
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.