% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for NAC in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | 5,998,1116.0M | $70M | — | ADD 17% |
| 2 | GUGGENHEIM CAPITAL LLC | 3,435,6763.4M | $40M | — | ADD 17% |
| 3 | WELLS FARGO & COMPANY/MN | 1,804,7741.8M | $21M | — | TRIM -10% |
| 4 | Advisors Asset Management, Inc. | 1,649,7741.6M | $19M | — | ADD 22% |
| 5 | Rockefeller Capital Management L.P. | 1,222,9611.2M | $14M | — | ADD 3% |
| 6 | UBS Group AG | 995,077995,077 | $12M | — | TRIM -11% |
| 7 | BANK OF AMERICA CORP /DE/ | 932,762932,762 | $11M | — | ADD 12% |
| 8 | LPL Financial LLC | 584,085584,085 | $7M | — | ADD 4% |
| 9 | Mariner, LLC | 531,869531,869 | $6M | — | TRIM -2% |
| 10 | Allianz Asset Management GmbH | 475,879475,879 | $6M | — | — |
| 11 | Hennion & Walsh Asset Management, Inc. | 441,613441,613 | $5M | — | ADD 7% |
| 12 | Ignite Planners, LLC | 359,057359,057 | $4M | — | — |
| 13 | EVOKE WEALTH, LLC | 256,039256,039 | $3M | — | — |
| 14 | Sanctuary Advisors, LLC | 248,657248,657 | $3M | — | ADD 3% |
| 15 | AMERIPRISE FINANCIAL INC | 241,657241,657 | $3M | — | — |
| 16 | JANE STREET GROUP, LLC | 229,671229,671 | $3M | — | TRIM -44% |
| 17 | WHITTIER TRUST CO | 211,237211,237 | $2M | — | ADD 5% |
| 18 | PFG Investments, LLC | 198,332198,332 | $2M | — | ADD 5% |
| 19 | RAYMOND JAMES FINANCIAL INC | 179,983179,983 | $2M | — | ADD 9% |
| 20 | ROYAL BANK OF CANADA | 179,775179,775 | $2M | — | TRIM -3% |
| 21 | Southland Equity Partners LLC | 179,440179,440 | $2M | — | TRIM -13% |
| 22 | OneDigital Investment Advisors LLC | 170,888170,888 | $2M | — | ADD 3% |
| 23 | DKM Wealth Management, Inc. | 142,401142,401 | $2M | — | — |
| 24 | COMMONWEALTH EQUITY SERVICES, LLC | 141,717141,717 | $2M | — | ADD 114% |
| 25 | WEDBUSH SECURITIES INC | 123,219123,219 | $1M | — | ADD 26% |
| 26 | Allworth Financial LP | 113,629113,629 | $1M | — | — |
| 27 | D.A. DAVIDSON & CO. | 105,292105,292 | $1M | — | TRIM -16% |
| 28 | New Insight Wealth Advisors | 99,73599,735 | $1M | — | ADD 43% |
| 29 | OSAIC HOLDINGS, INC. | 98,47798,477 | $1M | — | ADD 21% |
| 30 | Integrity Wealth Partners, LLC | 95,93095,930 | $1M | — | NEW |
| 31 | Creative Planning | 85,06185,061 | $990,959 | — | — |
| 32 | STIFEL FINANCIAL CORP | 77,72477,724 | $905,494 | — | TRIM -8% |
| 33 | Mutual Advisors, LLC | 70,99170,991 | $827,050 | — | ADD 5% |
| 34 | Prospera Financial Services Inc | 64,50064,500 | $751,425 | — | — |
| 35 | Rareview Capital LLC | 66,28166,281 | $740,358 | — | — |
| 36 | Atala Financial Inc | 63,38563,385 | $738,745 | — | TRIM -3% |
| 37 | Oder Investment Management, LLC | 63,05763,057 | $734,611 | — | — |
| 38 | Ascentis Independent Advisors | 62,31162,311 | $725,924 | — | NEW |
| 39 | PNC FINANCIAL SERVICES GROUP, INC. | 59,62659,626 | $694,642 | — | — |
| 40 | Pacific Wealth Strategies Group, Inc. | 57,91557,915 | $674,710 | — | — |
| 41 | Kestra Advisory Services, LLC | 57,35257,352 | $668,148 | — | ADD 1572% |
| 42 | Cerity Partners LLC | 56,42256,422 | $657,595 | — | ADD 16% |
| 43 | ENVESTNET ASSET MANAGEMENT INC | 50,46950,469 | $587,961 | — | NEW |
| 44 | MELFA WEALTH MANAGEMENT, INC. | 49,81649,816 | $580,352 | — | — |
| 45 | HOLLENCREST CAPITAL MANAGEMENT | 49,56349,563 | $577,409 | — | — |
| 46 | Cetera Investment Advisers | 48,78748,787 | $568,366 | — | TRIM -20% |
| 47 | Prime Capital Investment Advisors, LLC | 48,24648,246 | $562,067 | — | ADD 28% |
| 48 | Virtu Financial LLC | 47,16747,167 | $549,000 | — | TRIM -13% |
| 49 | EVERETT HARRIS & CO /CA/ | 46,00046,000 | $535,900 | — | — |
| 50 | Western Wealth Management, LLC | 43,51543,515 | $506,952 | — | ADD 189% |
| 51 | Cooper Financial Group | 43,22843,228 | $503,604 | — | ADD 3% |
| 52 | Merit Financial Group, LLC | 41,95641,956 | $488,787 | — | — |
| 53 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 41,60041,600 | $486,304 | — | — |
| 54 | BARTLETT & CO. WEALTH MANAGEMENT LLC | 40,75040,750 | $483,295 | — | — |
| 55 | Van Hulzen Asset Management, LLC | 40,29040,290 | $469,379 | — | TRIM -24% |
| 56 | MAI Capital Management | 38,90038,900 | $453,185 | — | ADD 337% |
| 57 | Integrated Wealth Concepts LLC | 38,62638,626 | $449,996 | — | NEW |
| 58 | FIRST FOUNDATION ADVISORS | 38,61738,617 | $449,888 | — | TRIM -12% |
| 59 | NewEdge Wealth, LLC | 38,60038,600 | $449,690 | — | — |
| 60 | OPPENHEIMER & CO INC | 37,62137,621 | $438,285 | — | ADD 4% |
| 61 | CLG LLC | 37,58437,584 | $437,854 | — | ADD 167% |
| 62 | Bridgewealth Advisory Group, LLC | 36,37836,378 | $423,805 | — | — |
| 63 | Quantinno Capital Management LP | 35,59835,598 | $414,722 | — | ADD 67% |
| 64 | Gerber Kawasaki Wealth & Investment Management | 34,92534,925 | $406,877 | — | ADD 3% |
| 65 | HighTower Advisors, LLC | 34,46234,462 | $401,489 | — | — |
| 66 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 33,10333,103 | $385,650 | — | NEW |
| 67 | Core Wealth Partners LLC | 32,24932,249 | $375,701 | — | — |
| 68 | Sowell Financial Services LLC | 32,24132,241 | $375,607 | — | — |
| 69 | Apriem Advisors | 32,22032,220 | $375,363 | — | — |
| 70 | RHS Financial, LLC | 29,21729,217 | $340,378 | — | TRIM -9% |
| 71 | LM Advisors LLC | 3,8523,852 | $330,619 | — | NEW |
| 72 | MERCER GLOBAL ADVISORS INC /ADV | 26,48926,489 | $308,597 | — | NEW |
| 73 | Intellectus Partners, LLC | 25,00025,000 | $293,088 | — | — |
| 74 | Perennial Investment Advisors, LLC | 24,92124,921 | $290,330 | — | NEW |
| 75 | ECLECTIC ASSOCIATES INC /ADV | 24,54824,548 | $285,984 | — | TRIM -17% |
| 76 | TWO SIGMA SECURITIES, LLC | 23,74323,743 | $276,606 | — | ADD 120% |
| 77 | Castle Rock Wealth Management, LLC | 23,40923,409 | $271,076 | — | — |
| 78 | Ducere Wealth Management LLC | 22,97722,977 | $267,682 | — | — |
| 79 | MKT Advisors LLC | 22,90122,901 | $265,881 | — | — |
| 80 | REGATTA CAPITAL GROUP, LLC | 22,28022,280 | $259,562 | — | TRIM -10% |
| 81 | Farther Finance Advisors, LLC | 21,82221,822 | $255,099 | — | TRIM -20% |
| 82 | Snowden Capital Advisors LLC | 20,12720,127 | $235,953 | — | — |
| 83 | FIRST AMERICAN TRUST, FSB | 19,00019,000 | $221,350 | — | — |
| 84 | NWF Advisory Services Inc. | 18,49018,490 | $215,409 | — | ADD 20% |
| 85 | Pure Financial Advisors, LLC | 18,19518,195 | $211,970 | — | — |
| 86 | McGowan Group Asset Management, Inc. | 17,85117,851 | $207,959 | — | — |
| 87 | Cambridge Investment Research Advisors, Inc. | 17,36817,368 | $202,000 | — | ADD 7% |
| 88 | EVOLVE PRIVATE WEALTH, LLC | 16,94016,940 | $197,351 | — | — |
| 89 | Mesirow Financial Investment Management, Inc. | 16,44016,440 | $191,529 | — | — |
| 90 | Corient Private Wealth LLC | 16,09016,090 | $187,449 | — | TRIM -66% |
| 91 | Perigon Wealth Management, LLC | 15,16815,168 | $176,707 | — | — |
| 92 | Barnes Wealth Management Group, Inc | 14,95314,953 | $174,202 | — | — |
| 93 | RB Capital Management, LLC | 14,63814,638 | $170,528 | — | — |
| 94 | Parallel Advisors, LLC | 13,83113,831 | $161,136 | — | — |
| 95 | CreativeOne Wealth, LLC | 13,54413,544 | $157,788 | — | — |
| 96 | Closed-End Fund Advisors, Inc. | 13,29113,291 | $154,840 | — | TRIM -24% |
| 97 | Indivisible Partners | 13,24613,246 | $154,316 | — | ADD 4% |
| 98 | Ameritas Advisory Services, LLC | 12,15712,157 | $141,629 | — | — |
| 99 | Fiscal Wisdom Wealth Management, LLC | 11,90111,901 | $138,647 | — | — |
| 100 | Fermata Advisors, LLC | 11,50011,500 | $133,975 | — | — |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 3.0M | 3.3M | 3.4M | 3.8M | 5.1M | 6.0M | $70M |
| GUGGENHEIM CAPITAL LLC | 1.6M | 1.6M | 1.8M | 2.3M | 2.9M | 3.4M | $40M |
| WELLS FARGO & COMPANY/MN | 1.1M | 1.2M | 1.3M | 1.4M | 2.0M | 1.8M | $21M |
| Advisors Asset Management, Inc. | 571K | 644K | 741K | 880K | 1.3M | 1.6M | $19M |
| Rockefeller Capital Management L.P. | 933K | 1.1M | 2.3M | 1.2M | 1.2M | 1.2M | $14M |
| UBS Group AG | 1.9M | 1.9M | 1.6M | 1.2M | 1.1M | 995K | $12M |
| BANK OF AMERICA CORP /DE/ | 467K | 457K | 495K | 735K | 835K | 933K | $11M |
| LPL Financial LLC | 313K | 362K | 434K | 507K | 560K | 584K | $7M |
| Mariner, LLC | 523K | 527K | 551K | 551K | 544K | 532K | $6M |
| Allianz Asset Management GmbH | 476K | 476K | 476K | 476K | 476K | 476K | $6M |
| Hennion & Walsh Asset Management, Inc. | 369K | 320K | 348K | 378K | 413K | 442K | $5M |
| Ignite Planners, LLC | 288K | 310K | 323K | 330K | 357K | 359K | $4M |
| EVOKE WEALTH, LLC | 240K | 240K | 250K | 250K | 254K | 256K | $3M |
| Sanctuary Advisors, LLC | 174K | 179K | 212K | 410K | 242K | 249K | $3M |
| AMERIPRISE FINANCIAL INC | 112K | 114K | 118K | 161K | 242K | 242K | $3M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| MORGAN STANLEY | +860,640 | $10M | ADD |
| GUGGENHEIM CAPITAL LLC | +496,995 | $6M | ADD |
| Advisors Asset Management, Inc. | +300,225 | $3M | ADD |
| BANK OF AMERICA CORP /DE/ | +97,905 | $1M | ADD |
| Integrity Wealth Partners, LLC | +95,930 | $1M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| WELLS FARGO & COMPANY/MN | −190,209 | $2M | TRIM |
| JANE STREET GROUP, LLC | −184,004 | $2M | TRIM |
| DAVIDSON TRUST CO | −148,098 | $2M | CLOSE |
| UBS Group AG | −119,413 | $1M | TRIM |
| IEQ CAPITAL, LLC | −64,754 | $754,384 | CLOSE |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 128 | 24,083,144 | — | $280M |
| 2025-Q4 | 125 | 22,549,195 | — | $266M |
| 2025-Q3 | 115 | 19,565,986 | — | $225M |
| 2025-Q2 | 119 | 21,423,363 | — | $239M |
| 2025-Q1 | 118 | 22,353,804 | — | $251M |
| 2024-Q4 | 124 | 25,436,407 | — | $287M |
| 2024-Q3 | 120 | 28,842,943 | — | $367M |
| 2024-Q2 | 119 | 36,469,884 | — | $420M |
| 2024-Q1 | 125 | 43,461,179 | — | $479M |
| 2023-Q4 | 122 | 40,454,425 | — | $449M |
| 2023-Q3 | 120 | 33,994,113 | — | $328M |
| 2023-Q2 | 111 | 31,511,479 | — | $344M |
| 2023-Q1 | 117 | 27,156,580 | — | $299M |
| 2022-Q4 | 117 | 22,463,502 | — | $249M |
| 2022-Q3 | 104 | 19,273,331 | — | $212M |
| 2022-Q2 | 107 | 19,143,672 | — | $236M |
| 2022-Q1 | 118 | 18,945,334 | — | $248M |
| 2021-Q4 | 118 | 17,693,463 | — | $277M |
| 2021-Q3 | 111 | 16,843,564 | — | $264M |
| 2021-Q2 | 114 | 17,941,418 | — | $283M |
| 2021-Q1 | 114 | 17,502,647 | — | $260M |
| 2020-Q4 | 116 | 17,113,578 | — | $259M |
| 2020-Q3 | 108 | 17,781,084 | — | $259M |
| 2020-Q2 | 104 | 18,082,803 | — | $258M |
| 2020-Q1 | 109 | 16,607,449 | — | $227M |
| 2019-Q4 | 104 | 13,969,918 | — | $208M |
| 2019-Q3 | 94 | 13,374,733 | — | $200M |
| 2019-Q2 | 87 | 12,126,981 | — | $176M |
| 2019-Q1 | 84 | 12,914,430 | — | $178M |
| 2018-Q4 | 90 | 14,987,698 | — | $190M |
| 2018-Q3 | 90 | 11,501,037 | — | $152M |
| 2018-Q2 | 87 | 10,954,621 | — | $147M |
| 2018-Q1 | 79 | 9,816,322 | — | $132M |
| 2017-Q4 | 81 | 9,042,599 | — | $129M |
| 2017-Q3 | 72 | 8,254,922 | — | $123M |
| 2017-Q2 | 66 | 8,635,994 | — | $129M |
| 2017-Q1 | 70 | 11,178,122 | — | $160M |
| 2016-Q4 | 78 | 12,268,846 | — | $173M |
| 2016-Q3 | 51 | 4,821,435 | — | $79M |
| 2016-Q2 | 52 | 4,791,634 | — | $81M |
| 2016-Q1 | 52 | 5,084,667 | — | $82M |
| 2015-Q4 | 56 | 5,347,177 | — | $83M |
| 2015-Q3 | 50 | 5,123,916 | — | $77M |
| 2015-Q2 | 47 | 4,867,290 | — | $70M |
| 2015-Q1 | 54 | 5,104,589 | — | $77M |
| 2014-Q4 | 55 | 5,068,253 | — | $76M |
| 2014-Q3 | 55 | 5,495,701 | — | $78M |
| 2014-Q2 | 57 | 5,651,836 | — | $79M |
| 2014-Q1 | 23 | 1,353,183 | — | $19M |
| 2013-Q4 | 26 | 1,433,848 | — | $18M |
| 2013-Q3 | 20 | 1,224,378 | — | $15M |
| 2013-Q2 | 21 | 1,193,667 | — | $16M |
| 2013-Q1 | 2 | 24,255 | — | $371,000 |
