Who owns NULV
Which tracked institutional funds hold NULV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NULV 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
32 tracked funds added or opened NULV while 29 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
NULV’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes NULV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in NULV 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 278 tracked filers holding NULV, 113 increased or opened the position and 132 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 NULV 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 6
- TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$217M
- BARTLETT & CO. WEALTH MANAGEMENT LLC$2M
- CANANDAIGUA NATIONAL CORP$2M
- Ledyard National Bank$2M
- WNY Asset Management, LLC$946K
- FLOW TRADERS U.S. LLC$530K
Full exits 7
- O'Brien Wealth Partners LLC$12M
- Fund Evaluation Group, LLC$9M
- LongView Asset Management LLC$2M
- CANANDAIGUA NATIONAL BANK & TRUST CO$2M
- AXXCESS WEALTH MANAGEMENT, LLC$878K
- Capital Analysts, LLC$690K
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$27M
- COMMONWEALTH EQUITY SERVICES, LLC$6M
- LPL Financial LLC$6M
- Bank of New York Mellon Corp$4M
- Beacon Pointe Advisors, LLC$3M
- MORGAN STANLEY$3M
Largest trims
- TIAA TRUST, NATIONAL ASSOCIATION$214M
- BANK OF AMERICA CORP /DE/$31M
- Envestnet Portfolio Solutions, Inc.$17M
- MERCER GLOBAL ADVISORS INC /ADV$12M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$7M
- Vestmark Advisory Solutions, Inc.$5M
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 AMERICA CORP /DE/ trimmed | 11,855,953 | $539M | 34.5% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 4,775,510 | $217M | 13.9% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 2,039,473 | $91M | 5.8% | 2026-Q1 |
| LPL Financial LLC added | 1,897,819 | $86M | 5.5% | 2026-Q1 |
| MORGAN STANLEY added | 1,276,531 | $58M | 3.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,124,050 | $51M | 3.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,052,896 | $48M | 3.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 540,564 | $25M | 1.6% | 2026-Q1 |
| UBS Group AG added | 516,668 | $24M | 1.5% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 505,725 | $23M | 1.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 456,632 | $21M | 1.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 438,368 | $20M | 1.3% | 2026-Q1 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed | 401,443 | $18M | 1.2% | 2026-Q1 |
| EASTERN BANK trimmed | 281,255 | $13M | 0.8% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 252,103 | $11M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 250,879 | $11M | 0.7% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 232,347 | $11M | 0.7% | 2026-Q1 |
| Mariner, LLC trimmed | 230,946 | $11M | 0.7% | 2026-Q1 |
| MISSION WEALTH MANAGEMENT, LP trimmed | 216,777 | $10M | 0.6% | 2026-Q1 |
| Forefront Analytics, LLC added | 195,657 | $9M | 0.6% | 2026-Q1 |
| ST GERMAIN D J CO INC added | 186,062 | $8M | 0.5% | 2026-Q1 |
| Allworth Financial LP trimmed | 184,190 | $8M | 0.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 173,269 | $8M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 167,164 | $8M | 0.5% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 154,243 | $7M | 0.4% | 2026-Q1 |
| REGATTA CAPITAL GROUP, LLC added | 148,558 | $7M | 0.4% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 145,222 | $7M | 0.4% | 2026-Q1 |
| One Capital Management, LLC added | 142,963 | $7M | 0.4% | 2026-Q1 |
| FMR LLC added | 126,848 | $6M | 0.4% | 2026-Q1 |
| ASSETMARK, INC added | 125,123 | $6M | 0.4% | 2026-Q1 |
| TIAA TRUST, NATIONAL ASSOCIATION trimmed | 121,963 | $6M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 121,611 | $6M | 0.4% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 109,113 | $5M | 0.3% | 2026-Q1 |
| Wilmington Savings Fund Society, FSB added | 108,672 | $5M | 0.3% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC added | 107,043 | $5M | 0.3% | 2026-Q1 |
| STALEY CAPITAL ADVISERS INC | 100,000 | $5M | 0.3% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. trimmed | 98,340 | $4M | 0.3% | 2026-Q1 |
| Opes Wealth Management LLC added | 90,386 | $4M | 0.3% | 2026-Q1 |
| rebel Financial LLC added | 89,316 | $4M | 0.3% | 2026-Q1 |
| VICUS CAPITAL trimmed | 87,818 | $4M | 0.3% | 2026-Q1 |
| BSW Wealth Partners trimmed | 86,444 | $4M | 0.3% | 2026-Q1 |
| Savant Capital, LLC trimmed | 86,072 | $4M | 0.3% | 2026-Q1 |
| Cresset Asset Management, LLC added | 82,473 | $4M | 0.2% | 2026-Q1 |
| CRUX WEALTH ADVISORS trimmed | 81,071 | $4M | 0.2% | 2026-Q1 |
| Plum Street Advisors, LLC trimmed | 77,485 | $4M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 76,420 | $3M | 0.2% | 2026-Q1 |
| Evolution Advisers, Inc. added | 75,616 | $3M | 0.2% | 2026-Q1 |
| CX Institutional added | 73,922 | $3M | 0.2% | 2026-Q1 |
| Legacy Edge Advisors, LLC added | 71,441 | $3M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 71,283 | $3M | 0.2% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 69,561 | $3M | 0.2% | 2026-Q1 |
| Invera Wealth Advisors, LLC trimmed | 69,295 | $3M | 0.2% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC trimmed | 59,411 | $3M | 0.2% | 2026-Q1 |
| Balanced Rock Investment Advisors LLC added | 58,094 | $3M | 0.2% | 2026-Q1 |
| One Day In July LLC trimmed | 54,875 | $2M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 53,553 | $2M | 0.2% | 2026-Q1 |
| Equita Financial Network, Inc. added | 52,803 | $2M | 0.2% | 2026-Q1 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC new | 47,507 | $2M | 0.2% | 2026-Q1 |
| &PARTNERS added | 49,801 | $2M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 49,698 | $2M | 0.1% | 2026-Q1 |
| CWM, LLC added | 47,830 | $2M | 0.1% | 2026-Q1 |
| CANANDAIGUA NATIONAL CORP new | 47,600 | $2M | 0.1% | 2026-Q1 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 46,971 | $2M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 46,923 | $2M | 0.1% | 2026-Q1 |
| CGN Advisors LLC trimmed | 46,528 | $2M | 0.1% | 2026-Q1 |
| BOKF, NA trimmed | 45,606 | $2M | 0.1% | 2026-Q1 |
| Revolve Wealth Partners, LLC trimmed | 45,482 | $2M | 0.1% | 2026-Q1 |
| Strategic Point Investment Advisors, LLC trimmed | 44,205 | $2M | 0.1% | 2026-Q1 |
| Mascoma Wealth Management LLC added | 42,240 | $2M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 41,915 | $2M | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 40,110 | $2M | 0.1% | 2026-Q1 |
| Sincerus Advisory, LLC added | 37,876 | $2M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 35,964 | $2M | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 35,924 | $2M | 0.1% | 2026-Q1 |
| Falcon Wealth Planning trimmed | 33,510 | $2M | 0.1% | 2026-Q1 |
| Ledyard National Bank new | 33,254 | $2M | 0.1% | 2026-Q1 |
| Clarity Asset Management, Inc. trimmed | 32,261 | $1M | 0.1% | 2026-Q1 |
| Addison Advisors LLC added | 32,087 | $1M | 0.1% | 2026-Q1 |
| UMB Bank, n.a. trimmed | 30,859 | $1M | 0.1% | 2026-Q1 |
| JOURNEY STRATEGIC WEALTH LLC added | 30,399 | $1M | 0.1% | 2026-Q1 |
| WealthShield Partners, LLC added | 30,229 | $1M | 0.1% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC added | 29,867 | $1M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 28,995 | $1M | 0.1% | 2026-Q1 |
| Private Wealth Management Group, LLC added | 28,971 | $1M | 0.1% | 2026-Q1 |
| Curtis Advisory Group, LLC added | 28,539 | $1M | 0.1% | 2026-Q1 |
| CHOREO, LLC added | 27,416 | $1M | 0.1% | 2026-Q1 |
| Bond & Devick Financial Network, Inc. added | 27,079 | $1M | 0.1% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 26,517 | $1M | 0.1% | 2026-Q1 |
| Shotwell Rutter Baer Inc trimmed | 26,118 | $1M | 0.1% | 2026-Q1 |
| Focus Partners Wealth trimmed | 25,634 | $1M | 0.1% | 2026-Q1 |
| COMMERCE BANK added | 24,721 | $1M | 0.1% | 2026-Q1 |
| BAILARD, INC. trimmed | 24,569 | $1M | 0.1% | 2026-Q1 |
| Wescott Financial Advisory Group, LLC added | 24,418 | $1M | 0.1% | 2026-Q1 |
| O'Brien Wealth Partners LLC added | 270,178 | $12M | 0.8% | 2025-Q4 stale |
| Fund Evaluation Group, LLC trimmed | 205,534 | $9M | 0.6% | 2025-Q4 stale |
| Money Design Co.,Ltd. trimmed | 201,098 | $8M | 0.5% | 2025-Q2 stale |
| LongView Asset Management LLC trimmed | 51,829 | $2M | 0.1% | 2025-Q4 stale |
| CANANDAIGUA NATIONAL BANK & TRUST CO added | 47,459 | $2M | 0.1% | 2025-Q4 stale |
| SUMMIT WEALTH GROUP LLC / CO new | 35,668 | $1M | 0.1% | 2025-Q3 stale |
| PrairieView Partners, LLC trimmed | 30,771 | $1M | 0.1% | 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.