Who owns NOA (NOA)
Which tracked institutional funds hold NOA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NOA 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
20 tracked funds added or opened NOA while 23 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
NOA’s largest tracked holder by dollar value, BANK OF MONTREAL /CAN/, 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 NOA 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 77 tracked filers holding NOA, 46 increased or opened the position and 38 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 NOA 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 5
- Alberta Investment Management Corp$6M
- Simcoe Capital LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
- PDT Partners, LLC$656K
- Sanctuary Advisors, LLC$612K
Full exits 5
- JANE STREET GROUP, LLC$3M
- Timelo Investment Management Inc.$2M
- TWO SIGMA ADVISERS, LP$2M
- NewGen Asset Management Ltd$1M
- CREDIT AGRICOLE S A$1M
Largest adds
- Connor, Clark & Lunn Investment Management Ltd.$3M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$2M
- INTRINSIC EDGE CAPITAL MANAGEMENT LLC$2M
- MARSHALL WACE, LLP$1M
- INTACT INVESTMENT MANAGEMENT INC.$1M
- GOLDMAN SACHS GROUP INC$919K
Largest trims
- MILLENNIUM MANAGEMENT LLC$5M
- Bastion Asset Management Inc.$4M
- Polar Asset Management Partners Inc.$3M
- CANNELL CAPITAL LLC$2M
- CenterBook Partners LP$2M
- Claret Asset Management Corp$2M
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 |
|---|---|---|---|---|
| BANK OF MONTREAL /CAN/ added | 2,891,696 | $39M | 15.1% | 2026-Q1 |
| Claret Asset Management Corp added | 2,047,443 | $28M | 10.7% | 2026-Q1 |
| CIBC Asset Management Inc added | 1,461,868 | $20M | 7.6% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 1,351,965 | $18M | 7.0% | 2026-Q1 |
| AEGIS FINANCIAL CORP | 1,038,177 | $14M | 5.4% | 2026-Q1 |
| CANNELL CAPITAL LLC trimmed | 962,731 | $13M | 5.0% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 591,909 | $8M | 3.1% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 587,440 | $8M | 3.1% | 2026-Q1 |
| Bastion Asset Management Inc. trimmed | 401,076 | $6M | 2.5% | 2026-Q1 |
| Alberta Investment Management Corp added | 422,493 | $6M | 2.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 402,413 | $5M | 2.1% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 325,487 | $4M | 1.6% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 312,873 | $4M | 1.6% | 2026-Q1 |
| Polar Asset Management Partners Inc. trimmed | 310,000 | $4M | 1.6% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 271,600 | $4M | 1.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 253,500 | $3M | 1.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 252,339 | $3M | 1.3% | 2026-Q1 |
| Clearbridge Investments, LLC added | 246,224 | $3M | 1.3% | 2026-Q1 |
| Orchard Capital Management, LLC added | 223,913 | $3M | 1.2% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. added | 208,000 | $3M | 1.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 200,248 | $3M | 1.0% | 2026-Q1 |
| MARSHALL WACE, LLP added | 198,770 | $3M | 1.0% | 2026-Q1 |
| MORGAN STANLEY added | 191,939 | $3M | 1.0% | 2026-Q1 |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC added | 170,100 | $2M | 0.9% | 2026-Q1 |
| Simcoe Capital LLC new | 161,530 | $2M | 0.8% | 2026-Q1 |
| Quadrature Capital Ltd added | 135,144 | $2M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 121,741 | $2M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 94,921 | $1M | 0.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 86,318 | $1M | 0.4% | 2026-Q1 |
| SkyView Investment Advisors, LLC added | 75,032 | $1M | 0.4% | 2026-Q1 |
| JB CAPITAL PARTNERS LP added | 70,000 | $944K | 0.4% | 2026-Q1 |
| RENAISSANCE GROUP LLC trimmed | 65,887 | $888K | 0.3% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 65,910 | $862K | 0.3% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 58,124 | $784K | 0.3% | 2026-Q1 |
| CenterBook Partners LP trimmed | 54,917 | $740K | 0.3% | 2026-Q1 |
| K.J. Harrison & Partners Inc trimmed | 52,500 | $707K | 0.3% | 2026-Q1 |
| PDT Partners, LLC added | 48,639 | $656K | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC new | 45,384 | $612K | 0.2% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 40,648 | $548K | 0.2% | 2026-Q1 |
| TD Asset Management Inc added | 39,135 | $526K | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 36,500 | $492K | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 30,304 | $395K | 0.2% | 2026-Q1 |
| Freestone Capital Holdings, LLC | 27,500 | $371K | 0.1% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 26,152 | $353K | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 25,749 | $347K | 0.1% | 2026-Q1 |
| MAI Capital Management | 21,560 | $291K | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 20,255 | $273K | 0.1% | 2026-Q1 |
| UBS Group AG trimmed | 19,319 | $260K | 0.1% | 2026-Q1 |
| MORGAN DEMPSEY CAPITAL MANAGEMENT LLC new | 19,080 | $257K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 18,705 | $252K | 0.1% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 18,697 | $252K | 0.1% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 17,598 | $237K | 0.1% | 2026-Q1 |
| Tranquility Partners, LLC added | 15,850 | $214K | 0.1% | 2026-Q1 |
| Brevan Howard Capital Management LP trimmed | 15,012 | $202K | 0.1% | 2026-Q1 |
| Engineers Gate Manager LP trimmed | 14,332 | $193K | 0.1% | 2026-Q1 |
| Vanguard Personalized Indexing Management, LLC trimmed | 13,448 | $181K | 0.1% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 13,111 | $177K | 0.1% | 2026-Q1 |
| NATIXIS added | 12,680 | $168K | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 12,441 | $167K | 0.1% | 2026-Q1 |
| Savant Capital, LLC trimmed | 12,284 | $166K | 0.1% | 2026-Q1 |
| XTX Topco Ltd new | 10,934 | $147K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,481 | $141K | 0.1% | 2026-Q1 |
| TORONTO DOMINION BANK | 8,723 | $117K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 7,967 | $107K | 0.0% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 2,625 | $35K | 0.0% | 2026-Q1 |
| AYAL Capital Advisors Ltd trimmed | 312,070 | $5M | 1.9% | 2025-Q2 stale |
| Hillsdale Investment Management Inc. trimmed | 204,979 | $3M | 1.2% | 2025-Q1 stale |
| PRELUDE CAPITAL MANAGEMENT, LLC added | 174,991 | $3M | 1.1% | 2025-Q1 stale |
| JANE STREET GROUP, LLC added | 181,978 | $3M | 1.0% | 2025-Q4 stale |
| Timelo Investment Management Inc. trimmed | 140,156 | $2M | 0.8% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 127,600 | $2M | 0.7% | 2025-Q4 stale |
| Cumberland Partners Ltd | 110,100 | $2M | 0.7% | 2025-Q2 stale |
| NewGen Asset Management Ltd trimmed | 87,699 | $1M | 0.5% | 2025-Q4 stale |
| STIFEL FINANCIAL CORP trimmed | 79,432 | $1M | 0.4% | 2025-Q3 stale |
| PACIFIC GLOBAL INVESTMENT MANAGEMENT CO added | 69,269 | $1M | 0.4% | 2025-Q1 stale |
| CREDIT AGRICOLE S A | 75,600 | $1M | 0.4% | 2025-Q4 stale |
| Swiss National Bank | 51,300 | $729K | 0.3% | 2025-Q3 stale |
| AMERIPRISE FINANCIAL INC new | 25,834 | $408K | 0.2% | 2025-Q1 stale |
| GEODE CAPITAL MANAGEMENT, LLC added | 21,511 | $344K | 0.1% | 2025-Q2 stale |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 20,504 | $328K | 0.1% | 2025-Q2 stale |
| Legal & General Group Plc | 22,919 | $326K | 0.1% | 2025-Q3 stale |
| VANGUARD GROUP INC | 21,961 | $312K | 0.1% | 2025-Q3 stale |
| PharVision Advisers, LLC new | 21,662 | $311K | 0.1% | 2025-Q4 stale |
| Nuveen, LLC | 19,243 | $273K | 0.1% | 2025-Q3 stale |
| Trexquant Investment LP trimmed | 18,101 | $260K | 0.1% | 2025-Q4 stale |
| CANADA LIFE ASSURANCE Co trimmed | 15,141 | $241K | 0.1% | 2025-Q2 stale |
| Russell Investments Group, Ltd. | 16,055 | $231K | 0.1% | 2025-Q4 stale |
| Campbell & CO Investment Adviser LLC trimmed | 15,846 | $225K | 0.1% | 2025-Q3 stale |
| Proficio Capital Partners LLC | 12,435 | $199K | 0.1% | 2025-Q2 stale |
| BURNEY CO/ trimmed | 13,503 | $194K | 0.1% | 2025-Q4 stale |
| Schonfeld Strategic Advisors LLC new | 13,247 | $190K | 0.1% | 2025-Q4 stale |
| Dynamic Technology Lab Private Ltd trimmed | 11,495 | $165K | 0.1% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. new | 10,294 | $163K | 0.1% | 2025-Q1 stale |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 10,307 | $146K | 0.1% | 2025-Q3 stale |
| Police & Firemen's Retirement System of New Jersey added | 9,460 | $134K | 0.1% | 2025-Q3 stale |
| Highlander Partners, L.P. | 9,186 | $132K | 0.1% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC new | 7,665 | $122K | 0.0% | 2025-Q2 stale |
| Northwest & Ethical Investments L.P. trimmed | 6,716 | $106K | 0.0% | 2025-Q1 stale |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,711 | $67K | 0.0% | 2025-Q3 stale |
| Tower Research Capital LLC (TRC) added | 2,613 | $41K | 0.0% | 2025-Q1 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.