Who owns NFLT (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-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 NFLT is one-sided between 2025-Q4 and 2026-Q1: 30 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
NFLT’s largest tracked holder by dollar value, Retirement Planning Group, LLC, sizes it at 3.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.1pp 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 2025-Q4 and 2026-Q1, across 76 tracked filers holding NFLT, 56 increased or opened the position and 16 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 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 10
- ROYAL BANK OF CANADA$6M
- RITHOLTZ WEALTH MANAGEMENT$4M
- KINGSWOOD WEALTH ADVISORS, LLC$3M
- FLYNN ZITO CAPITAL MANAGEMENT, LLC$2M
- SAGESPRING WEALTH PARTNERS, LLC$2M
- VestGen Advisors, LLC$969K
Largest adds
- Retirement Planning Group, LLC$11M
- STIFEL FINANCIAL CORP$4M
- RAYMOND JAMES FINANCIAL INC$4M
- BENJAMIN EDWARDS INC$3M
- Elwood & Goetz Wealth Advisory Group, LLC$3M
- EverSource Wealth Advisors, LLC$2M
Largest trims
- Compound Planning, Inc.$4M
- OSAIC HOLDINGS, INC.$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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Retirement Planning Group, LLC added | 4,467,291 | $102M | 28.9% | 2026-Q1 |
| LPL Financial LLC added | 1,513,555 | $34M | 9.8% | 2026-Q1 |
| Compound Planning, Inc. trimmed | 1,475,222 | $34M | 9.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,059,353 | $24M | 6.9% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 809,498 | $18M | 5.2% | 2026-Q1 |
| Elwood & Goetz Wealth Advisory Group, LLC added | 788,741 | $18M | 5.1% | 2026-Q1 |
| Peak Financial Management, Inc. added | 562,332 | $13M | 3.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 408,301 | $9M | 2.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 296,979 | $7M | 1.9% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 277,795 | $6M | 1.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 260,272 | $6M | 1.7% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 228,783 | $5M | 1.5% | 2026-Q1 |
| Maridea Wealth Management LLC added | 196,204 | $4M | 1.3% | 2026-Q1 |
| RITHOLTZ WEALTH MANAGEMENT new | 172,059 | $4M | 1.1% | 2026-Q1 |
| Fifth Third Securities, Inc. added | 157,567 | $4M | 1.0% | 2026-Q1 |
| Bleakley Financial Group, LLC trimmed | 151,708 | $3M | 1.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 144,155 | $3M | 0.9% | 2026-Q1 |
| EverSource Wealth Advisors, LLC trimmed | 48,402 | $3M | 0.9% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC new | 137,404 | $3M | 0.9% | 2026-Q1 |
| Essex Financial Services, Inc. added | 108,870 | $2M | 0.7% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 105,951 | $2M | 0.7% | 2026-Q1 |
| Total Clarity Wealth Management, Inc. added | 89,127 | $2M | 0.6% | 2026-Q1 |
| FLYNN ZITO CAPITAL MANAGEMENT, LLC new | 81,161 | $2M | 0.5% | 2026-Q1 |
| IFP Advisors, Inc added | 76,627 | $2M | 0.5% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC new | 67,550 | $2M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 65,348 | $1M | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 60,245 | $1M | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC added | 58,905 | $1M | 0.4% | 2026-Q1 |
| Summit Financial, LLC added | 52,468 | $1M | 0.3% | 2026-Q1 |
| WCG Wealth Advisors LLC added | 49,496 | $1M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 49,404 | $1M | 0.3% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 47,139 | $1M | 0.3% | 2026-Q1 |
| VestGen Advisors, LLC new | 42,117 | $969K | 0.3% | 2026-Q1 |
| Valmark Advisers, Inc. added | 41,983 | $955K | 0.3% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 40,476 | $921K | 0.3% | 2026-Q1 |
| Sonoma Allocations LLC added | 40,004 | $914K | 0.3% | 2026-Q1 |
| Trask Adam Roland new | 39,900 | $908K | 0.3% | 2026-Q1 |
| BankPlus Wealth Management LLC added | 38,101 | $867K | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 37,800 | $860K | 0.2% | 2026-Q1 |
| Bright Futures Wealth Management, LLC. added | 36,457 | $829K | 0.2% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 35,212 | $801K | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC new | 34,566 | $789K | 0.2% | 2026-Q1 |
| Wealth Management Partners, LLC added | 34,325 | $781K | 0.2% | 2026-Q1 |
| &PARTNERS added | 32,136 | $731K | 0.2% | 2026-Q1 |
| BOYUM WEALTH ARCHITECTS LLC trimmed | 30,702 | $706K | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 30,894 | $703K | 0.2% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 24,061 | $547K | 0.2% | 2026-Q1 |
| Quantum Private Wealth, LLC new | 19,000 | $432K | 0.1% | 2026-Q1 |
| Aptus Capital Advisors, LLC | 18,504 | $421K | 0.1% | 2026-Q1 |
| Chokshi & Queen Wealth Advisors, Inc added | 18,362 | $418K | 0.1% | 2026-Q1 |
| HF Advisory Group, LLC added | 16,036 | $365K | 0.1% | 2026-Q1 |
| PFG Advisors trimmed | 16,015 | $364K | 0.1% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 15,980 | $364K | 0.1% | 2026-Q1 |
| Financial Network Wealth Advisors LLC | 12,823 | $292K | 0.1% | 2026-Q1 |
| ARWA LLC new | 12,593 | $290K | 0.1% | 2026-Q1 |
| Arete Wealth Advisors, LLC added | 10,816 | $246K | 0.1% | 2026-Q1 |
| INTEGRITY WEALTH ADVISORS, INC. trimmed | 10,361 | $236K | 0.1% | 2026-Q1 |
| Stonebridge Financial Group, LLC / MO added | 10,283 | $234K | 0.1% | 2026-Q1 |
| TCFG Investment Advisors, LLC new | 9,797 | $223K | 0.1% | 2026-Q1 |
| TCFG WEALTH MANAGEMENT, LLC | 9,797 | $223K | 0.1% | 2026-Q1 |
| Sigma Planning Corp trimmed | 9,081 | $207K | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 8,132 | $185K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 4,716 | $107K | 0.0% | 2026-Q1 |
| NewEdge Advisors, LLC added | 54,386 | $106K | 0.0% | 2026-Q1 |
| Rockefeller Capital Management L.P. | 1,265 | $29K | 0.0% | 2026-Q1 |
| Pinnacle Bancorp, Inc. new | 893 | $20K | 0.0% | 2026-Q1 |
| VIRTUS ADVISERS, LLC added | 592 | $13K | 0.0% | 2026-Q1 |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC added | 566 | $13K | 0.0% | 2026-Q1 |
| AdvisorNet Financial, Inc | 441 | $10K | 0.0% | 2026-Q1 |
| Quest 10 Wealth Builders, Inc. | 284 | $6K | 0.0% | 2026-Q1 |
| CoreCap Advisors, LLC | 271 | $6K | 0.0% | 2026-Q1 |
| Virtus Fixed Income Advisers, LLC | 181 | $4K | 0.0% | 2026-Q1 |
| Elevated Capital Advisors, LLC | 87 | $2K | 0.0% | 2026-Q1 |
| MORGAN STANLEY | 2 | $52 | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 0 | $3 | 0.0% | 2026-Q1 |
| Advisory Resource Group added | 198,105 | $5M | 1.3% | 2025-Q2 stale |
| Comprehensive Wealth Management, LLC added | 67,753 | $2M | 0.4% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 67,247 | $2M | 0.4% | 2025-Q1 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 49,832 | $1M | 0.3% | 2025-Q1 stale |
| Balance Wealth, LLC new | 39,085 | $882K | 0.3% | 2025-Q1 stale |
| Fermata Advisors, LLC trimmed | 35,528 | $802K | 0.2% | 2025-Q1 stale |
| TOWNSQUARE CAPITAL LLC | 22,534 | $509K | 0.1% | 2025-Q1 stale |
| Efficient Advisors, LLC new | 16,031 | $362K | 0.1% | 2025-Q1 stale |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 10,811 | $247K | 0.1% | 2025-Q2 stale |
| New Century Financial Group, LLC trimmed | 9,498 | $219K | 0.1% | 2025-Q3 stale |
| TUCKER ASSET MANAGEMENT LLC trimmed | 6,593 | $152K | 0.0% | 2025-Q4 stale |
| Beacon Capital Management, LLC trimmed | 1,945 | $44K | 0.0% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 1,812 | $42K | 0.0% | 2025-Q4 stale |
| AE Wealth Management LLC trimmed | 1,685 | $39K | 0.0% | 2025-Q4 stale |
| FARMERS & MERCHANTS INVESTMENTS INC | 1,350 | $31K | 0.0% | 2025-Q2 stale |
| Kestra Advisory Services, LLC new | 1,241 | $29K | 0.0% | 2025-Q4 stale |
| Global Wealth Strategies & Associates new | 758 | $17K | 0.0% | 2025-Q1 stale |
| PRINCIPAL SECURITIES, INC. added | 688 | $16K | 0.0% | 2025-Q3 stale |
| UBS Group AG added | 311 | $7K | 0.0% | 2025-Q4 stale |
| Park Square Financial Group, LLC | 211 | $5K | 0.0% | 2025-Q1 stale |
| Semmax Financial Advisors Inc. | 68 | $2K | 0.0% | 2025-Q2 stale |
| ASSETMARK, INC | 62 | $1K | 0.0% | 2025-Q2 stale |
| New Millennium Group LLC trimmed | 24 | $553 | 0.0% | 2025-Q4 stale |
| FMR LLC added | 10 | $228 | 0.0% | 2025-Q2 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.