Who owns NRK
Which tracked institutional funds hold NRK, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NRK company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
9 tracked funds added or opened NRK while 13 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
NRK’s largest tracked holder by dollar value, Karpus Management, Inc., sizes it at 1.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NRK 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 100 tracked filers holding NRK, 47 increased or opened the position and 40 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 NRK 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 1
- Cambridge Investment Research Advisors, Inc.$663K
Full exits 5
- Karpus Management, Inc.$36M
- Fiera Capital Corp$5M
- OGOREK ANTHONY JOSEPH /NY/ /ADV$2M
- Dakota Wealth Management$1M
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.$579K
Largest adds
- MORGAN STANLEY$10M
- Hennion & Walsh Asset Management, Inc.$2M
- ROBINSON CAPITAL MANAGEMENT, LLC$2M
- RAYMOND JAMES FINANCIAL INC$660K
- Avestar Capital, LLC$425K
- Cetera Investment Advisers$394K
Largest trims
- RIVERNORTH CAPITAL MANAGEMENT, LLC$9M
- DEUTSCHE BANK AG\$3M
- North Ground Capital$2M
- Alpine Global Management, LLC$2M
- JANE STREET GROUP, LLC$1M
- MACKAY SHIELDS LLC$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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 2,854,737 | $29M | 16.8% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC added | 1,332,934 | $14M | 7.9% | 2026-Q1 |
| Hennion & Walsh Asset Management, Inc. added | 726,559 | $7M | 4.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 610,605 | $6M | 3.6% | 2026-Q1 |
| MACKAY SHIELDS LLC trimmed | 519,880 | $5M | 3.1% | 2026-Q1 |
| ROBINSON CAPITAL MANAGEMENT, LLC added | 425,353 | $5M | 2.6% | 2026-Q1 |
| HighTower Advisors, LLC added | 437,638 | $4M | 2.6% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 407,358 | $4M | 2.4% | 2026-Q1 |
| Lido Advisors, LLC | 380,076 | $4M | 2.3% | 2026-Q1 |
| North Ground Capital trimmed | 354,414 | $4M | 2.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 276,958 | $3M | 1.6% | 2026-Q1 |
| PFG Investments, LLC added | 261,307 | $3M | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 246,312 | $3M | 1.5% | 2026-Q1 |
| SIT INVESTMENT ASSOCIATES INC | 245,974 | $3M | 1.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 199,638 | $2M | 1.2% | 2026-Q1 |
| UBS Group AG trimmed | 186,026 | $2M | 1.1% | 2026-Q1 |
| HORIZON KINETICS ASSET MANAGEMENT LLC added | 138,453 | $1M | 0.8% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 135,516 | $1M | 0.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 118,700 | $1M | 0.7% | 2026-Q1 |
| Alpine Global Management, LLC trimmed | 118,173 | $1M | 0.7% | 2026-Q1 |
| Indivisible Partners added | 113,221 | $1M | 0.7% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 112,308 | $1M | 0.7% | 2026-Q1 |
| Avestar Capital, LLC added | 105,768 | $1M | 0.6% | 2026-Q1 |
| Cetera Investment Advisers added | 103,353 | $1M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 79,456 | $811K | 0.5% | 2026-Q1 |
| WEDBUSH SECURITIES INC added | 72,041 | $736K | 0.4% | 2026-Q1 |
| NewEdge Wealth, LLC added | 71,251 | $727K | 0.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 68,109 | $695K | 0.4% | 2026-Q1 |
| RMR Wealth Builders added | 65,689 | $675K | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 64,893 | $663K | 0.4% | 2026-Q1 |
| Realta Investment Advisors | 53,359 | $545K | 0.3% | 2026-Q1 |
| ASHTON THOMAS SECURITIES, LLC | 49,300 | $503K | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 48,639 | $497K | 0.3% | 2026-Q1 |
| CHOREO, LLC added | 45,445 | $467K | 0.3% | 2026-Q1 |
| OPPENHEIMER & CO INC added | 42,502 | $434K | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 40,398 | $412K | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 39,799 | $406K | 0.2% | 2026-Q1 |
| Mariner, LLC added | 39,662 | $403K | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 34,767 | $355K | 0.2% | 2026-Q1 |
| Herold Advisors, Inc. added | 32,379 | $331K | 0.2% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC | 32,349 | $330K | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 31,463 | $321K | 0.2% | 2026-Q1 |
| Leisure Capital Management | 30,153 | $308K | 0.2% | 2026-Q1 |
| Stockman Wealth Management, Inc. | 30,000 | $306K | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 27,392 | $280K | 0.2% | 2026-Q1 |
| STALEY CAPITAL ADVISERS INC | 26,000 | $265K | 0.2% | 2026-Q1 |
| Closed-End Fund Advisors, Inc. | 25,352 | $259K | 0.1% | 2026-Q1 |
| Ascent Wealth Partners, LLC | 25,247 | $258K | 0.1% | 2026-Q1 |
| Opal Wealth Advisors, LLC | 23,780 | $243K | 0.1% | 2026-Q1 |
| BCS Private Wealth Management, Inc. trimmed | 23,300 | $240K | 0.1% | 2026-Q1 |
| Mathes Company, Inc. | 23,000 | $235K | 0.1% | 2026-Q1 |
| Breakwater Capital Group added | 22,607 | $231K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 20,937 | $214K | 0.1% | 2026-Q1 |
| Evanson Asset Management, LLC added | 19,974 | $204K | 0.1% | 2026-Q1 |
| ACCREDITED INVESTOR SERVICES, LLC added | 19,710 | $201K | 0.1% | 2026-Q1 |
| Williams Jones Wealth Management, LLC. trimmed | 19,500 | $199K | 0.1% | 2026-Q1 |
| MELFA WEALTH MANAGEMENT, INC. | 18,625 | $190K | 0.1% | 2026-Q1 |
| &PARTNERS added | 18,156 | $185K | 0.1% | 2026-Q1 |
| Clear Creek Financial Management, LLC | 17,800 | $182K | 0.1% | 2026-Q1 |
| GenWealth Group, Inc. new | 17,565 | $179K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 16,690 | $170K | 0.1% | 2026-Q1 |
| Creative Planning added | 16,639 | $170K | 0.1% | 2026-Q1 |
| Mountain Hill Investment Partners Corp. | 16,594 | $169K | 0.1% | 2026-Q1 |
| Merit Financial Group, LLC added | 15,379 | $157K | 0.1% | 2026-Q1 |
| Moors & Cabot, Inc. | 14,900 | $152K | 0.1% | 2026-Q1 |
| MAI Capital Management added | 14,900 | $152K | 0.1% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC new | 14,144 | $144K | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 13,700 | $140K | 0.1% | 2026-Q1 |
| PINNACLE ASSOCIATES LTD trimmed | 13,630 | $139K | 0.1% | 2026-Q1 |
| Spire Wealth Management | 12,329 | $126K | 0.1% | 2026-Q1 |
| Kercheville Advisors, LLC added | 12,316 | $126K | 0.1% | 2026-Q1 |
| Mill Creek Capital Advisors, LLC | 12,123 | $124K | 0.1% | 2026-Q1 |
| Occidental Asset Management, LLC new | 11,725 | $120K | 0.1% | 2026-Q1 |
| Karpus Management, Inc. trimmed | 3,536,744 | $36M | 20.6% | 2025-Q4 stale |
| Fiera Capital Corp added | 460,804 | $5M | 2.7% | 2025-Q4 stale |
| OGOREK ANTHONY JOSEPH /NY/ /ADV new | 171,806 | $2M | 1.0% | 2025-Q4 stale |
| Allspring Global Investments Holdings, LLC | 146,886 | $2M | 0.9% | 2025-Q1 stale |
| JPMORGAN CHASE & CO trimmed | 118,039 | $1M | 0.7% | 2025-Q2 stale |
| Dakota Wealth Management trimmed | 100,813 | $1M | 0.6% | 2025-Q4 stale |
| Lionshead Wealth Management, LLC trimmed | 77,601 | $805K | 0.5% | 2025-Q1 stale |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. added | 57,414 | $579K | 0.3% | 2025-Q4 stale |
| David J Yvars Group added | 37,086 | $378K | 0.2% | 2025-Q3 stale |
| BANK OF MONTREAL /CAN/ added | 35,322 | $358K | 0.2% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. added | 34,251 | $349K | 0.2% | 2025-Q3 stale |
| Bank of New York Mellon Corp trimmed | 33,450 | $338K | 0.2% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 27,060 | $273K | 0.2% | 2025-Q4 stale |
| Westchester Capital Management, LLC | 26,125 | $259K | 0.1% | 2025-Q2 stale |
| Logan Stone Capital, LLC trimmed | 22,063 | $223K | 0.1% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 18,765 | $186K | 0.1% | 2025-Q2 stale |
| Frisch Financial Group, Inc. added | 17,632 | $178K | 0.1% | 2025-Q4 stale |
| Traub Capital Management LLC trimmed | 17,297 | $175K | 0.1% | 2025-Q4 stale |
| COHEN & STEERS, INC. | 17,000 | $168K | 0.1% | 2025-Q2 stale |
| GoalVest Advisory LLC | 15,000 | $154K | 0.1% | 2025-Q1 stale |
| HRT FINANCIAL LP added | 15,020 | $151K | 0.1% | 2025-Q4 stale |
| Permanent Capital Management, LP new | 13,836 | $140K | 0.1% | 2025-Q4 stale |
| OPPENHEIMER ASSET MANAGEMENT INC. new | 12,619 | $130K | 0.1% | 2025-Q1 stale |
| Wellspring Financial Advisors, LLC trimmed | 12,375 | $123K | 0.1% | 2025-Q2 stale |
| Marex Group plc trimmed | 12,000 | $122K | 0.1% | 2025-Q3 stale |
| TIAA TRUST, NATIONAL ASSOCIATION | 12,016 | $121K | 0.1% | 2025-Q4 stale |
| LAZARD ASSET MANAGEMENT LLC new | 11,800 | $120K | 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.