Who owns NWAX (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-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
The tracked-fund tape on NWAX is one-sided between 2025-Q4 and 2026-Q1: 37 added or opened and 0 trimmed or exited — on balance accumulating.
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, Harraden Circle Investments, LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp 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
Only one quarter (2026-Q1) of 13F history is available — a quarter-over-quarter accumulation delta needs two.
We do not publish a positioning read for a window we cannot measure honestly. A starting question, not a verdict.
New buyers & exits
Funds opening or closing a position in NWAX 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 37
- Harraden Circle Investments, LLC$25M
- Weiss Asset Management LP$18M
- BOOTHBAY FUND MANAGEMENT, LLC$14M
- Governors Lane LP$13M
- J. Goldman & Co LP$13M
- METEORA CAPITAL, LLC$12M
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.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Harraden Circle Investments, LLC new | 2,479,304 | $25M | 13.9% | 2026-Q1 |
| Weiss Asset Management LP new | 1,767,280 | $18M | 9.9% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 1,352,859 | $14M | 7.6% | 2026-Q1 |
| Governors Lane LP new | 1,304,637 | $13M | 7.3% | 2026-Q1 |
| J. Goldman & Co LP new | 1,273,656 | $13M | 7.1% | 2026-Q1 |
| METEORA CAPITAL, LLC new | 1,235,811 | $12M | 6.9% | 2026-Q1 |
| Decagon Asset Management LLP new | 885,957 | $9M | 5.0% | 2026-Q1 |
| Sculptor Capital LP new | 700,000 | $7M | 3.9% | 2026-Q1 |
| Linden Advisors LP new | 700,000 | $7M | 3.9% | 2026-Q1 |
| Wealthspring Capital LLC new | 607,700 | $6M | 3.4% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP new | 543,750 | $5M | 3.0% | 2026-Q1 |
| Lineage Point Capital LP new | 442,142 | $4M | 2.5% | 2026-Q1 |
| Polar Asset Management Partners Inc. new | 400,000 | $4M | 2.2% | 2026-Q1 |
| PEAK6 LLC new | 343,318 | $3M | 1.9% | 2026-Q1 |
| Context Capital Management, LLC new | 250,000 | $3M | 1.4% | 2026-Q1 |
| ExodusPoint Capital Management, LP new | 250,000 | $3M | 1.4% | 2026-Q1 |
| Lighthouse Investment Partners, LLC new | 250,000 | $3M | 1.4% | 2026-Q1 |
| SONA ASSET MANAGEMENT (US) LLC new | 200,000 | $2M | 1.1% | 2026-Q1 |
| GLAZER CAPITAL, LLC new | 200,000 | $2M | 1.1% | 2026-Q1 |
| MYDA Advisors LLC new | 200,000 | $2M | 1.1% | 2026-Q1 |
| FIFTH LANE CAPITAL, LP new | 200,000 | $2M | 1.1% | 2026-Q1 |
| GRITSTONE ASSET MANAGEMENT LLC new | 195,000 | $2M | 1.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 158,254 | $2M | 0.9% | 2026-Q1 |
| DLD Asset Management, LP new | 160,200 | $2M | 0.9% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC new | 157,500 | $2M | 0.9% | 2026-Q1 |
| Periscope Capital Inc. new | 154,825 | $2M | 0.9% | 2026-Q1 |
| Radcliffe Capital Management, L.P. new | 154,822 | $2M | 0.9% | 2026-Q1 |
| Shaolin Capital Management LLC new | 150,000 | $2M | 0.8% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC new | 130,311 | $1M | 0.8% | 2026-Q1 |
| AQR Arbitrage LLC new | 132,092 | $1M | 0.7% | 2026-Q1 |
| ARISTEIA CAPITAL, L.L.C. new | 105,000 | $1M | 0.6% | 2026-Q1 |
| Clear Street Group Inc. new | 104,914 | $1M | 0.6% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT new | 100,000 | $1M | 0.6% | 2026-Q1 |
| MIZUHO SECURITIES USA LLC new | 100,000 | $1M | 0.6% | 2026-Q1 |
| Virtu Financial LLC new | 85,286 | $854K | 0.5% | 2026-Q1 |
| TORONTO DOMINION BANK new | 63,972 | $640K | 0.4% | 2026-Q1 |
| Hudson Bay Capital Management LP new | 55,000 | $551K | 0.3% | 2026-Q1 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS new | 44,890 | $449K | 0.3% | 2026-Q1 |
| TENOR CAPITAL MANAGEMENT Co., L.P. new | 35,000 | $350K | 0.2% | 2026-Q1 |
| WHITEBOX ADVISORS LLC new | 35,000 | $350K | 0.2% | 2026-Q1 |
| BERKLEY W R CORP new | 34,696 | $347K | 0.2% | 2026-Q1 |
| First Trust Capital Management L.P. new | 30,900 | $309K | 0.2% | 2026-Q1 |
| Ghisallo Capital Management LLC new | 30,000 | $300K | 0.2% | 2026-Q1 |
| K2 PRINCIPAL FUND, L.P. new | 17,180 | $172K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 16,966 | $170K | 0.1% | 2026-Q1 |
| L1 Global Manager Pty Ltd new | 15,000 | $150K | 0.1% | 2026-Q1 |
| UBS Group AG new | 3,585 | $36K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS new | 3,429 | $34K | 0.0% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC new | 55,036 | $28K | 0.0% | 2026-Q1 |
| FNY Investment Advisers, LLC new | 1,000 | $10K | 0.0% | 2026-Q1 |
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.