Who owns Norwood Financial Corp. (NWFL)
Which tracked institutional funds hold NWFL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NWFL company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-22). 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 NWFL is one-sided between 2025-Q4 and 2026-Q1: 21 added or opened and 7 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
NWFL’s largest tracked holder by dollar value, EverSource Wealth Advisors, LLC, sizes it at 1.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NWFL 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 105 tracked filers holding NWFL, 63 increased or opened the position and 30 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 NWFL 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 5
- VANGUARD CAPITAL MANAGEMENT LLC$13M
- VANGUARD FIDUCIARY TRUST CO$2M
- Stonebridge Financial Group, LLC$2M
- VANGUARD PORTFOLIO MANAGEMENT LLC$2M
- Gateway Wealth Partners, LLC$518K
Full exits 3
- VANGUARD GROUP INC$13M
- LPL Financial LLC$953K
- Fourthstone LLC$546K
Largest adds
- EverSource Wealth Advisors, LLC$32M
- UBS Group AG$6M
- Bulldog Investors, LLP$3M
- BlackRock, Inc.$3M
- GEODE CAPITAL MANAGEMENT, LLC$1M
- DIMENSIONAL FUND ADVISORS LP$810K
Largest trims
- WELLINGTON MANAGEMENT GROUP LLP$3M
- MILLENNIUM MANAGEMENT LLC$613K
- BARCLAYS PLC$321K
- CITADEL ADVISORS LLC$308K
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 |
|---|---|---|---|---|
| EverSource Wealth Advisors, LLC added | 517,416 | $32M | 17.8% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 750,791 | $22M | 12.1% | 2026-Q1 |
| BlackRock, Inc. added | 660,683 | $19M | 10.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 428,058 | $13M | 6.9% | 2026-Q1 |
| UBS Group AG added | 239,670 | $7M | 3.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 237,415 | $7M | 3.8% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 175,061 | $5M | 2.8% | 2026-Q1 |
| Cornerstone Wealth Group, LLC trimmed | 166,585 | $5M | 2.8% | 2026-Q1 |
| Bulldog Investors, LLP added | 170,000 | $5M | 2.7% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 155,908 | $5M | 2.5% | 2026-Q1 |
| STATE STREET CORP added | 141,668 | $4M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 98,346 | $3M | 1.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 79,377 | $2M | 1.3% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 66,776 | $2M | 1.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 65,526 | $2M | 1.1% | 2026-Q1 |
| Cetera Investment Advisers added | 61,928 | $2M | 1.0% | 2026-Q1 |
| Stonebridge Financial Group, LLC new | 57,228 | $2M | 0.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 57,223 | $2M | 0.9% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 55,755 | $2M | 0.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 48,907 | $1M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp added | 38,128 | $1M | 0.6% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 37,284 | $1M | 0.6% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 36,774 | $1M | 0.6% | 2026-Q1 |
| Squarepoint Ops LLC added | 36,477 | $1M | 0.6% | 2026-Q1 |
| MORGAN STANLEY added | 35,356 | $1M | 0.6% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 33,208 | $977K | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 31,045 | $913K | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 28,676 | $844K | 0.5% | 2026-Q1 |
| Minerva Advisors LLC added | 28,580 | $841K | 0.5% | 2026-Q1 |
| EMERALD MUTUAL FUND ADVISERS TRUST | 25,000 | $736K | 0.4% | 2026-Q1 |
| EAGLE WEALTH STRATEGIES LLC | 23,528 | $692K | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 18,884 | $556K | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 18,483 | $544K | 0.3% | 2026-Q1 |
| Strategic Financial Services, Inc. trimmed | 17,972 | $529K | 0.3% | 2026-Q1 |
| Gateway Wealth Partners, LLC new | 17,622 | $518K | 0.3% | 2026-Q1 |
| BAILARD, INC. new | 15,374 | $452K | 0.2% | 2026-Q1 |
| JOHN G ULLMAN & ASSOCIATES INC added | 14,800 | $435K | 0.2% | 2026-Q1 |
| Alliance Wealth Advisors, LLC | 14,364 | $423K | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 13,317 | $392K | 0.2% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P added | 13,104 | $386K | 0.2% | 2026-Q1 |
| Nuveen, LLC | 12,956 | $381K | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 12,462 | $367K | 0.2% | 2026-Q1 |
| RAFFLES ASSOCIATES LP | 12,449 | $366K | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 11,200 | $330K | 0.2% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 10,276 | $302K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 9,869 | $290K | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 9,823 | $289K | 0.2% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 9,777 | $284K | 0.2% | 2026-Q1 |
| Quadrature Capital Ltd added | 9,239 | $272K | 0.1% | 2026-Q1 |
| De Lisle Partners LLP new | 8,814 | $259K | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 8,420 | $248K | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 7,948 | $234K | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 7,298 | $215K | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ new | 7,077 | $209K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 6,211 | $182K | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 5,576 | $164K | 0.1% | 2026-Q1 |
| Community Bank, N.A. added | 5,497 | $162K | 0.1% | 2026-Q1 |
| MetLife Investment Management, LLC added | 5,097 | $150K | 0.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 4,706 | $138K | 0.1% | 2026-Q1 |
| EMERALD ADVISERS, LLC | 4,500 | $132K | 0.1% | 2026-Q1 |
| Larson Financial Group LLC | 4,080 | $120K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 4,033 | $119K | 0.1% | 2026-Q1 |
| PEOPLES FINANCIAL SERVICES CORP. added | 3,980 | $117K | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 3,832 | $113K | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 3,735 | $110K | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 3,429 | $101K | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 3,261 | $96K | 0.1% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey | 2,855 | $84K | 0.0% | 2026-Q1 |
| Bangor Savings Bank added | 2,221 | $65K | 0.0% | 2026-Q1 |
| BARCLAYS PLC trimmed | 2,123 | $62K | 0.0% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 2,077 | $61K | 0.0% | 2026-Q1 |
| NBT BANK N A /NY | 2,011 | $59K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 1,849 | $54K | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 1,278 | $38K | 0.0% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 1,267 | $37K | 0.0% | 2026-Q1 |
| CWM, LLC added | 1,028 | $30K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. | 960 | $28K | 0.0% | 2026-Q1 |
| Legal & General Group Plc | 800 | $24K | 0.0% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 737 | $22K | 0.0% | 2026-Q1 |
| State of Alaska, Department of Revenue | 621 | $18K | 0.0% | 2026-Q1 |
| Ameritas Investment Partners, Inc. | 609 | $18K | 0.0% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 542 | $16K | 0.0% | 2026-Q1 |
| Triumph Capital Management | 500 | $15K | 0.0% | 2026-Q1 |
| CITIGROUP INC added | 468 | $14K | 0.0% | 2026-Q1 |
| Stone House Investment Management, LLC | 379 | $11K | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC added | 448,224 | $13M | 6.9% | 2025-Q4 stale |
| JACOBS ASSET MANAGEMENT, LLC trimmed | 50,741 | $1M | 0.7% | 2025-Q2 stale |
| EJF Capital LLC trimmed | 52,877 | $1M | 0.7% | 2025-Q1 stale |
| LPL Financial LLC trimmed | 33,971 | $953K | 0.5% | 2025-Q4 stale |
| Fourthstone LLC trimmed | 19,457 | $546K | 0.3% | 2025-Q4 stale |
| Chicago Capital Management, LLC new | 15,069 | $407K | 0.2% | 2025-Q4 stale |
| CSS LLC/IL new | 13,213 | $371K | 0.2% | 2025-Q4 stale |
| Code Waechter LLC trimmed | 14,159 | $342K | 0.2% | 2025-Q1 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 12,025 | $310K | 0.2% | 2025-Q2 stale |
| Fisher Asset Management, LLC new | 11,815 | $305K | 0.2% | 2025-Q2 stale |
| Trexquant Investment LP new | 10,610 | $298K | 0.2% | 2025-Q4 stale |
| ALLIANCEBERNSTEIN L.P. trimmed | 10,154 | $262K | 0.1% | 2025-Q2 stale |
| JANE STREET GROUP, LLC trimmed | 8,339 | $212K | 0.1% | 2025-Q3 stale |
| Corebridge Financial, Inc. added | 4,079 | $99K | 0.1% | 2025-Q1 stale |
| Arax Advisory Partners new | 420 | $11K | 0.0% | 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.