Who owns NVBW
Which tracked institutional funds hold NVBW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NVBW company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 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
6 tracked funds added or opened NVBW while 4 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
NVBW’s largest tracked holder by dollar value, Mid-American Wealth Advisory Group, Inc., 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 NVBW 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 2026-Q1 and 2026-Q2, across 47 tracked filers holding NVBW, 13 increased or opened the position and 22 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 NVBW between the 2026-Q1 and 2026-Q2 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.
Full exits 2
- Cambridge Investment Research Advisors, Inc.$3M
- CENTAURUS FINANCIAL, INC.$761K
Largest adds
- Allianz SE$2M
- OSAIC HOLDINGS, INC.$931K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$537K
- AMERICAN ASSET MANAGEMENT INC.$423K
- COMMONWEALTH EQUITY SERVICES, LLC$387K
- RAYMOND JAMES FINANCIAL INC$294K
Largest trims
- PFG Advisors$2M
- Cetera Investment Advisers$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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 235,388 | $8M | 8.8% | 2026-Q2 |
| AMERICAN ASSET MANAGEMENT INC. trimmed | 227,201 | $8M | 8.5% | 2026-Q2 |
| Allianz SE added | 191,778 | $7M | 7.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 177,423 | $6M | 6.6% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 164,946 | $6M | 6.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 163,340 | $6M | 6.1% | 2026-Q2 |
| LPL Financial LLC trimmed | 136,236 | $5M | 5.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 104,325 | $4M | 3.9% | 2026-Q2 |
| Castle Rock Wealth Management, LLC | 74,803 | $3M | 2.8% | 2026-Q2 |
| Spire Wealth Management trimmed | 65,228 | $2M | 2.4% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 38,305 | $1M | 1.4% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 31,318 | $1M | 1.2% | 2026-Q2 |
| World Investment Advisors added | 26,019 | $927K | 1.0% | 2026-Q2 |
| Tyche Wealth Partners LLC | 24,290 | $865K | 0.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 22,823 | $813K | 0.9% | 2026-Q2 |
| JIM SAULNIER & ASSOCIATES, LLC | 18,344 | $653K | 0.7% | 2026-Q2 |
| Farther Finance Advisors, LLC | 17,886 | $637K | 0.7% | 2026-Q2 |
| PFG Advisors trimmed | 17,361 | $618K | 0.6% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 16,313 | $581K | 0.6% | 2026-Q2 |
| Joseph P. Lucia & Associates, LLC | 12,719 | $453K | 0.5% | 2026-Q2 |
| IFP Advisors, Inc | 12,266 | $437K | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 11,762 | $419K | 0.4% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 11,604 | $416K | 0.4% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC | 10,923 | $389K | 0.4% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC | 10,456 | $373K | 0.4% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 10,456 | $373K | 0.4% | 2026-Q2 |
| Elevation Wealth Management LLC | 10,420 | $371K | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 10,242 | $365K | 0.4% | 2026-Q2 |
| SAGESPRING WEALTH PARTNERS, LLC | 9,332 | $332K | 0.3% | 2026-Q2 |
| Grantvest Financial Group LLC trimmed | 7,390 | $263K | 0.3% | 2026-Q2 |
| Patriot Financial Group Insurance Agency, LLC trimmed | 7,226 | $257K | 0.3% | 2026-Q2 |
| Advus Financial Partners, LLC trimmed | 6,637 | $236K | 0.2% | 2026-Q2 |
| Creative Planning | 6,593 | $235K | 0.2% | 2026-Q2 |
| Taylor Securities Services, Inc. trimmed | 6,475 | $231K | 0.2% | 2026-Q2 |
| First Heartland Consultants, Inc. trimmed | 6,022 | $214K | 0.2% | 2026-Q2 |
| Allegheny Financial Group new | 5,760 | $205K | 0.2% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 5,175 | $184K | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 4,922 | $175K | 0.2% | 2026-Q2 |
| POM Investment Strategies, LLC | 2,980 | $106K | 0.1% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 2,003 | $71K | 0.1% | 2026-Q2 |
| ST GERMAIN D J CO INC | 1,600 | $57K | 0.1% | 2026-Q2 |
| Capital Investment Advisory Services, LLC | 820 | $29K | 0.0% | 2026-Q2 |
| Lloyd Advisory Services, LLC. trimmed | 486 | $17K | 0.0% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. | 330 | $12K | 0.0% | 2026-Q2 |
| UBS Group AG added | 267 | $10K | 0.0% | 2026-Q2 |
| BARCLAYS PLC trimmed | 129 | $5K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 47 | $2K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 77,692 | $3M | 2.7% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. | 22,879 | $761K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| AMERIPRISE FINANCIAL INC new | 6,313 | $210K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Foundations Investment Advisors, LLC new | 6,184 | $206K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Allianz Investment Management LLC new | 109,056 | $4M | 3.9% | 2025-Q4 stale (2 quarters behind) |
| ACCESS FINANCIAL SERVICES, INC. new | 29,170 | $987K | 1.0% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 6,342 | $215K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Mid-American Wealth Advisory Group, Inc. added | 259,465 | $9M | 9.1% | 2025-Q3 stale (3 quarters behind) |
| Strategic Blueprint, LLC | 9,280 | $309K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 8,102 | $270K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Allianz Investment Management U.S. LLC | 5,000 | $166K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Authentikos Wealth Advisory, LLC new | 232,738 | $7M | 7.9% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 15,498 | $499K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| Mason Investment Advisory Services, Inc. | 9,152 | $295K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| HBW ADVISORY SERVICES LLC trimmed | 7,358 | $237K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.