Who owns NNI (NNI)
Which tracked institutional funds hold NNI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NNI 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
43 tracked funds added or opened NNI while 45 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
NNI’s largest tracked holder by dollar value, DIMENSIONAL FUND ADVISORS LP, 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 NNI 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 219 tracked filers holding NNI, 118 increased or opened the position and 92 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 NNI 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 14
- VANGUARD PORTFOLIO MANAGEMENT LLC$88M
- VANGUARD CAPITAL MANAGEMENT LLC$75M
- VANGUARD FIDUCIARY TRUST CO$11M
- FRANKLIN RESOURCES INC$5M
- HUB Investment Partners, LLC$3M
- Man Group plc$2M
Full exits 14
- VANGUARD GROUP INC$161M
- Philadelphia Financial Management of San Francisco, LLC$6M
- Brandywine Global Investment Management, LLC$5M
- HRT FINANCIAL LP$4M
- ALGERT GLOBAL LLC$3M
- TUDOR INVESTMENT CORP ET AL$3M
Largest adds
- AMERICAN CENTURY COMPANIES INC$8M
- AQR CAPITAL MANAGEMENT LLC$5M
- Qube Research & Technologies Ltd$4M
- BlackRock, Inc.$3M
- GEODE CAPITAL MANAGEMENT, LLC$3M
- MERCER GLOBAL ADVISORS INC /ADV$3M
Largest trims
- DIMENSIONAL FUND ADVISORS LP$8M
- Bandera Partners LLC$8M
- Sycale Advisors (NY) LLC$7M
- UBS Group AG$7M
- JPMORGAN CHASE & CO$7M
- MAGNOLIA GROUP, LLC$7M
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 |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP trimmed | 1,847,699 | $238M | 14.0% | 2026-Q1 |
| MAGNOLIA GROUP, LLC | 1,668,976 | $215M | 12.7% | 2026-Q1 |
| FARMERS & MERCHANTS INVESTMENTS INC | 1,184,351 | $153M | 9.0% | 2026-Q1 |
| BlackRock, Inc. added | 978,034 | $126M | 7.4% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 679,395 | $88M | 5.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 577,940 | $75M | 4.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 346,688 | $45M | 2.6% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 335,702 | $43M | 2.6% | 2026-Q1 |
| STATE STREET CORP added | 314,978 | $41M | 2.4% | 2026-Q1 |
| GENERAL AMERICAN INVESTORS CO INC trimmed | 234,026 | $30M | 1.8% | 2026-Q1 |
| QVT Financial LP added | 231,414 | $30M | 1.8% | 2026-Q1 |
| Empyrean Capital Partners, LP | 231,000 | $30M | 1.8% | 2026-Q1 |
| Bragg Financial Advisors, Inc added | 226,782 | $29M | 1.7% | 2026-Q1 |
| NORTHERN TRUST CORP added | 173,405 | $22M | 1.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 162,092 | $21M | 1.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 133,935 | $17M | 1.0% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 108,750 | $14M | 0.8% | 2026-Q1 |
| BAR HARBOR WEALTH MANAGEMENT trimmed | 108,708 | $14M | 0.8% | 2026-Q1 |
| Sycale Advisors (NY) LLC trimmed | 100,479 | $13M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 88,487 | $11M | 0.7% | 2026-Q1 |
| UBS Group AG trimmed | 82,533 | $11M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp added | 81,435 | $11M | 0.6% | 2026-Q1 |
| MORGAN STANLEY added | 77,185 | $10M | 0.6% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 69,556 | $9M | 0.5% | 2026-Q1 |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE added | 66,467 | $9M | 0.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 66,383 | $9M | 0.5% | 2026-Q1 |
| Guardian Wealth Management, Inc. added | 51,356 | $7M | 0.4% | 2026-Q1 |
| Edgestream Partners, L.P. added | 50,718 | $7M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 48,921 | $6M | 0.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 48,000 | $6M | 0.4% | 2026-Q1 |
| Bandera Partners LLC trimmed | 47,159 | $6M | 0.4% | 2026-Q1 |
| Crawford Fund Management, LLC added | 46,955 | $6M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 41,935 | $5M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 41,713 | $5M | 0.3% | 2026-Q1 |
| DENALI ADVISORS LLC trimmed | 41,200 | $5M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC new | 37,964 | $5M | 0.3% | 2026-Q1 |
| LPL Financial LLC added | 37,573 | $5M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 34,086 | $4M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 28,283 | $4M | 0.2% | 2026-Q1 |
| Swiss National Bank | 27,700 | $4M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 27,234 | $4M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 26,195 | $3M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 24,300 | $3M | 0.2% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 23,999 | $3M | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 23,068 | $3M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 22,993 | $3M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 21,308 | $3M | 0.2% | 2026-Q1 |
| JAMES INVESTMENT RESEARCH, INC. | 20,758 | $3M | 0.2% | 2026-Q1 |
| HUB Investment Partners, LLC new | 20,336 | $3M | 0.2% | 2026-Q1 |
| Man Group plc added | 19,201 | $2M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 18,810 | $2M | 0.1% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 18,722 | $2M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 18,320 | $2M | 0.1% | 2026-Q1 |
| Prescott Group Capital Management, L.L.C. | 17,203 | $2M | 0.1% | 2026-Q1 |
| FIRST MANHATTAN CO. LLC. trimmed | 17,191 | $2M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 16,537 | $2M | 0.1% | 2026-Q1 |
| Fieldview Capital Management, LLC added | 16,194 | $2M | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 15,983 | $2M | 0.1% | 2026-Q1 |
| Creative Planning added | 14,779 | $2M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 14,714 | $2M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 14,295 | $2M | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 14,206 | $2M | 0.1% | 2026-Q1 |
| DARK FOREST CAPITAL MANAGEMENT LP added | 14,203 | $2M | 0.1% | 2026-Q1 |
| ANCHOR CAPITAL ADVISORS LLC trimmed | 13,810 | $2M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 13,509 | $2M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 13,290 | $2M | 0.1% | 2026-Q1 |
| Pilgrim Partners Asia Pte Ltd | 12,000 | $2M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 11,844 | $2M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 11,728 | $2M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 11,710 | $2M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 11,581 | $1M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 10,737 | $1M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 10,409 | $1M | 0.1% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 9,388 | $1M | 0.1% | 2026-Q1 |
| Militia Capital Management LLC new | 9,000 | $1M | 0.1% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC added | 8,927 | $1M | 0.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 8,569 | $1M | 0.1% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 8,093 | $1M | 0.1% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 7,763 | $1M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 7,690 | $992K | 0.1% | 2026-Q1 |
| NorthCrest Asset Manangement, LLC added | 7,540 | $976K | 0.1% | 2026-Q1 |
| Aquatic Capital Management LLC added | 7,452 | $961K | 0.1% | 2026-Q1 |
| MetLife Investment Management, LLC added | 7,044 | $908K | 0.1% | 2026-Q1 |
| Asset Value Investors Ltd | 6,370 | $821K | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 1,211,006 | $161M | 9.5% | 2025-Q4 stale |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY new | 197,211 | $24M | 1.4% | 2025-Q2 stale |
| Philadelphia Financial Management of San Francisco, LLC trimmed | 46,910 | $6M | 0.4% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC trimmed | 38,854 | $5M | 0.3% | 2025-Q4 stale |
| Western Standard LLC added | 36,315 | $4M | 0.3% | 2025-Q2 stale |
| HRT FINANCIAL LP added | 31,992 | $4M | 0.3% | 2025-Q4 stale |
| Madison Avenue Partners, LP trimmed | 31,535 | $4M | 0.2% | 2025-Q3 stale |
| ALGERT GLOBAL LLC | 23,434 | $3M | 0.2% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL added | 23,209 | $3M | 0.2% | 2025-Q4 stale |
| Y-Intercept (Hong Kong) Ltd added | 21,647 | $3M | 0.2% | 2025-Q4 stale |
| AlphaQuest LLC added | 12,970 | $2M | 0.1% | 2025-Q4 stale |
| Point72 Asset Management, L.P. new | 11,810 | $2M | 0.1% | 2025-Q4 stale |
| LAZARD ASSET MANAGEMENT LLC added | 11,027 | $1M | 0.1% | 2025-Q4 stale |
| Militia Capital Partners, LP new | 9,000 | $1M | 0.1% | 2025-Q4 stale |
| Allianz Asset Management GmbH added | 9,753 | $1M | 0.1% | 2025-Q2 stale |
| Trexquant Investment LP added | 6,794 | $852K | 0.1% | 2025-Q3 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.