Who owns NWAX
Which tracked institutional funds hold NWAX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NWAX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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
30 tracked funds added or opened NWAX while 12 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
NWAX’s largest tracked holder by dollar value, Anson Funds Management LP, sizes it at 2.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NWAX 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 69 tracked filers holding NWAX, 39 increased or opened the position and 15 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 NWAX 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.
New buyers 17
- Anson Funds Management LP$33M
- Murchinson Ltd.$23M
- BlueCrest Capital Management Ltd$5M
- Jefferies Financial Group Inc.$3M
- ROYAL BANK OF CANADA$3M
- MMCAP International Inc. SPC$2M
Full exits 7
- Harraden Circle Investments, LLC$25M
- METEORA CAPITAL, LLC$12M
- Decagon Asset Management LLP$9M
- ExodusPoint Capital Management, LP$3M
- GLAZER CAPITAL, LLC$2M
- FIFTH LANE CAPITAL, LP$2M
Largest adds
- BOOTHBAY FUND MANAGEMENT, LLC$22M
- PEAK6 LLC$5M
- TORONTO DOMINION BANK$4M
- COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS$2M
- Linden Advisors LP$2M
- Clear Street Group Inc.$1M
Largest trims
- J. Goldman & Co LP$2M
- MYDA Advisors LLC$2M
- CITADEL ADVISORS LLC$1M
- MILLENNIUM MANAGEMENT LLC$1M
- Schonfeld Strategic Advisors LLC$352K
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 |
|---|---|---|---|---|
| Anson Funds Management LP new | 2,968,491 | $31M | 11.2% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 2,452,234 | $25M | 9.0% | 2026-Q2 |
| Weiss Asset Management LP | 1,767,280 | $18M | 6.5% | 2026-Q2 |
| Murchinson Ltd. new | 1,475,000 | $15M | 5.4% | 2026-Q2 |
| Governors Lane LP added | 1,370,684 | $14M | 5.0% | 2026-Q2 |
| J. Goldman & Co LP trimmed | 1,055,580 | $11M | 3.9% | 2026-Q2 |
| Linden Advisors LP added | 824,116 | $8M | 3.0% | 2026-Q2 |
| Sculptor Capital LP added | 715,721 | $7M | 2.6% | 2026-Q2 |
| Wealthspring Capital LLC trimmed | 580,910 | $6M | 2.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP | 543,750 | $6M | 2.0% | 2026-Q2 |
| PEAK6 LLC added | 501,000 | $5M | 1.9% | 2026-Q2 |
| BlueCrest Capital Management Ltd new | 500,000 | $5M | 1.9% | 2026-Q2 |
| Lineage Point Capital LP added | 496,113 | $5M | 1.8% | 2026-Q2 |
| Polar Asset Management Partners Inc. | 400,000 | $4M | 1.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 390,130 | $4M | 1.4% | 2026-Q2 |
| TORONTO DOMINION BANK added | 304,100 | $3M | 1.1% | 2026-Q2 |
| Radcliffe Capital Management, L.P. added | 285,033 | $3M | 1.0% | 2026-Q2 |
| Lighthouse Investment Partners, LLC | 250,000 | $3M | 0.9% | 2026-Q2 |
| Context Capital Management, LLC | 250,000 | $3M | 0.9% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS added | 244,890 | $2M | 0.9% | 2026-Q2 |
| ROYAL BANK OF CANADA new | 222,945 | $2M | 0.8% | 2026-Q2 |
| Shaolin Capital Management LLC added | 228,197 | $2M | 0.8% | 2026-Q2 |
| Clear Street Group Inc. added | 212,579 | $2M | 0.8% | 2026-Q2 |
| MMCAP International Inc. SPC new | 209,726 | $2M | 0.8% | 2026-Q2 |
| SONA ASSET MANAGEMENT (US) LLC | 200,000 | $2M | 0.7% | 2026-Q2 |
| RLH Capital LLC new | 200,000 | $2M | 0.7% | 2026-Q2 |
| GRITSTONE ASSET MANAGEMENT LLC | 195,000 | $2M | 0.7% | 2026-Q2 |
| Jefferies Financial Group Inc. new | 186,919 | $2M | 0.7% | 2026-Q2 |
| LMR Partners LLP new | 173,887 | $2M | 0.7% | 2026-Q2 |
| Creek Drive Management Group LLC new | 171,900 | $2M | 0.6% | 2026-Q2 |
| DLD Asset Management, LP | 160,200 | $2M | 0.6% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC | 157,500 | $2M | 0.6% | 2026-Q2 |
| Massar Capital Management, LP new | 153,285 | $2M | 0.6% | 2026-Q2 |
| Periscope Capital Inc. | 154,825 | $2M | 0.6% | 2026-Q2 |
| CANTOR FITZGERALD, L. P. new | 147,800 | $2M | 0.5% | 2026-Q2 |
| Yakira Capital Management, Inc. new | 143,706 | $1M | 0.5% | 2026-Q2 |
| AQR Arbitrage LLC added | 133,250 | $1M | 0.5% | 2026-Q2 |
| T3 Companies, LLC new | 117,339 | $1M | 0.4% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. | 105,000 | $1M | 0.4% | 2026-Q2 |
| Yorkville Advisors Global, LP new | 100,000 | $1M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 100,000 | $1M | 0.4% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT | 100,000 | $1M | 0.4% | 2026-Q2 |
| O'Connor Alternative Investments LLC new | 100,000 | $1M | 0.4% | 2026-Q2 |
| Quarry LP new | 100,000 | $1M | 0.4% | 2026-Q2 |
| MIZUHO SECURITIES USA LLC | 100,000 | $1M | 0.4% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 73,904 | $750K | 0.3% | 2026-Q2 |
| Hudson Bay Capital Management LP | 55,000 | $558K | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 47,867 | $499K | 0.2% | 2026-Q2 |
| PRELUDE CAPITAL MANAGEMENT, LLC new | 46,971 | $489K | 0.2% | 2026-Q2 |
| Rangeley Capital, LLC new | 40,000 | $414K | 0.1% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 35,000 | $355K | 0.1% | 2026-Q2 |
| BERKLEY W R CORP | 34,696 | $352K | 0.1% | 2026-Q2 |
| First Trust Capital Management L.P. | 30,900 | $314K | 0.1% | 2026-Q2 |
| Ghisallo Capital Management LLC | 30,000 | $304K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 18,702 | $195K | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd new | 18,588 | $189K | 0.1% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. | 17,180 | $174K | 0.1% | 2026-Q2 |
| L1 Global Manager Pty Ltd | 15,000 | $152K | 0.1% | 2026-Q2 |
| Shay Capital LLC new | 13,925 | $141K | 0.1% | 2026-Q2 |
| NewEdge Wealth, LLC new | 13,713 | $139K | 0.1% | 2026-Q2 |
| Arax Advisory Partners new | 12,000 | $122K | 0.0% | 2026-Q2 |
| MYDA Advisors LLC trimmed | 150,000 | $90K | 0.0% | 2026-Q2 |
| Parallax Volatility Advisers, L.P. new | 80,975 | $49K | 0.0% | 2026-Q2 |
| UBS Group AG added | 4,584 | $47K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 3,429 | $35K | 0.0% | 2026-Q2 |
| Verition Fund Management LLC new | 50,528 | $30K | 0.0% | 2026-Q2 |
| Saba Capital Management, L.P. new | 11,946 | $7K | 0.0% | 2026-Q2 |
| Strive Financial Group ,LLC new | 592 | $6K | 0.0% | 2026-Q2 |
| Dauntless Investment Group, LLC new | 172 | $2K | 0.0% | 2026-Q2 |
| Harraden Circle Investments, LLC new | 2,479,304 | $25M | 9.0% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC new | 1,235,811 | $12M | 4.5% | 2026-Q1 stale (1 quarter behind) |
| Decagon Asset Management LLP new | 885,957 | $9M | 3.2% | 2026-Q1 stale (1 quarter behind) |
| ExodusPoint Capital Management, LP new | 250,000 | $3M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| FIFTH LANE CAPITAL, LP new | 200,000 | $2M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC new | 200,000 | $2M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC new | 85,286 | $854K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| TENOR CAPITAL MANAGEMENT Co., L.P. new | 35,000 | $350K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| FNY Investment Advisers, LLC new | 1,000 | $10K | 0.0% | 2026-Q1 stale (1 quarter 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.