NAK US Equity

NORTHERN DYNASTY MINERALS LTD

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Materials · Gold and Silver Ores · CIK 1164771 · FYE 1231

$1.45

-0.08 (-5.23%)

USD · as of 2026-07-28 · marketstack

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Institutional ownership· 13F filers holding NAK · 2026-Q1 methodology → sources →

191 holders

% of shares outstanding held

20.2%

Shares held (13F)

112,926,688

Reporting holders

191

Top holders

largest 100 of 191 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	Kopernik Global Investors, LLC	32,655,84632.7M	$46M	5.85%	ADD 51%
2	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	24,303,20324.3M	$34M	4.35%	ADD 42%
3	TWO SIGMA INVESTMENTS, LP	9,780,8099.8M	$14M	1.75%	ADD 55%
4	JANE STREET GROUP, LLC	5,480,9995.5M	$8M	0.98%	TRIM -31%
5	MILLENNIUM MANAGEMENT LLC	5,426,7435.4M	$8M	0.97%	TRIM -59%
6	RENAISSANCE TECHNOLOGIES LLC	4,460,1494.5M	$6M	0.80%	NEW
7	Russell Investments Group, Ltd.	3,271,7873.3M	$5M	0.59%	TRIM -6%
8	COMMONWEALTH EQUITY SERVICES, LLC	2,593,6322.6M	$4M	0.46%	ADD 23%
9	Stenham Asset Management Ltd	2,046,0002.0M	$3M	0.37%	NEW
10	CITADEL ADVISORS LLC	1,942,1881.9M	$3M	0.35%	TRIM -34%
11	SEI INVESTMENTS CO	1,558,1381.6M	$2M	0.28%	TRIM -15%
12	SUSQUEHANNA INTERNATIONAL GROUP, LLP	1,503,2881.5M	$2M	0.27%	TRIM -54%
13	UBS Group AG	1,493,8541.5M	$2M	0.27%	ADD 66%
14	MACKENZIE FINANCIAL CORP	1,237,0711.2M	$2M	0.22%	—
15	Swiss National Bank	1,100,5001.1M	$2M	0.20%	NEW
16	Bornite Capital Management LP	1,000,0001.0M	$1M	0.18%	TRIM -81%
17	BANK OF MONTREAL /CAN/	897,527897,527	$1M	0.16%	ADD 550%
18	TD Asset Management Inc	832,730832,730	$1M	0.15%	ADD 11%
19	IMC-Chicago, LLC	712,381712,381	$997,333	0.13%	ADD 47%
20	Cambridge Investment Research Advisors, Inc.	551,402551,402	$772,000	0.10%	ADD 3%
21	Legal & General Group Plc	471,755471,755	$655,802	0.08%	NEW
22	Ionic Capital Management LLC	459,000459,000	$642,600	0.08%	ADD 49%
23	STATE STREET CORP	422,700422,700	$591,780	0.08%	ADD 176%
24	GROUP ONE TRADING LLC	421,859421,859	$590,603	0.08%	TRIM -39%
25	NATIONS FINANCIAL GROUP INC, /IA/ /ADV	421,300421,300	$589,820	0.08%	—
26	Nuveen, LLC	403,052403,052	$560,296	0.07%	NEW
27	GEODE CAPITAL MANAGEMENT, LLC	373,429373,429	$520,775	0.07%	NEW
28	VANGUARD ASSET MANAGEMENT, Ltd	362,167362,167	$505,071	0.06%	NEW
29	SIMPLEX TRADING, LLC	218,160218,160	$305,424	0.04%	NEW
30	GOLDMAN SACHS GROUP INC	216,953216,953	$303,734	0.04%	TRIM -6%
31	Police & Firemen's Retirement System of New Jersey	206,307206,307	$286,794	0.04%	NEW
32	HRT FINANCIAL LP	204,672204,672	$286,000	0.04%	NEW
33	RFG Advisory, LLC	202,490202,490	$283,486	0.04%	—
34	GRIMES & Co WEALTH MANAGEMENT, LLC	189,750189,750	$265,650	0.03%	—
35	Aletheian Wealth Advisors LLC	168,200168,200	$235,480	0.03%	NEW
36	LCM Capital Management Inc	158,600158,600	$222,040	0.03%	TRIM -35%
37	BANK OF AMERICA CORP /DE/	158,251158,251	$221,551	0.03%	TRIM -35%
38	Zurcher Kantonalbank (Zurich Cantonalbank)	156,724156,724	$217,868	0.03%	NEW
39	LPL Financial LLC	152,938152,938	$214,113	0.03%	ADD 9%
40	XTX Topco Ltd	149,619149,619	$209,467	0.03%	ADD 373%
41	Vanguard Investments Australia, Ltd.	148,907148,907	$207,663	0.03%	NEW
42	WELLS FARGO & COMPANY/MN	145,316145,316	$203,442	0.03%	ADD 49%
43	Federation des caisses Desjardins du Quebec	140,550140,550	$192,654	0.03%	ADD 78%
44	Quadrature Capital Ltd	133,558133,558	$186,981	0.02%	TRIM -78%
45	HighTower Advisors, LLC	132,133132,133	$184,986	0.02%	—
46	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	115,700115,700	$160,798	0.02%	NEW
47	BlackRock, Inc.	110,956110,956	$155,339	0.02%	ADD 10%
48	BRADY FAMILY WEALTH, LLC	110,000110,000	$154,000	0.02%	—
49	TORONTO DOMINION BANK	109,876109,876	$153,261	0.02%	ADD 340%
50	Pictet Asset Management Holding SA	109,049109,049	$151,593	0.02%	NEW
51	CADINHA & CO LLC	100,000100,000	$140,000	0.02%	NEW
52	Stratos Wealth Advisors, LLC	98,78898,788	$138,303	0.02%	—
53	Cetera Investment Advisers	93,93093,930	$131,502	0.02%	TRIM -6%
54	Composition Wealth, LLC	85,95585,955	$120,337	0.02%	—
55	OSAIC HOLDINGS, INC.	82,22482,224	$115,113	0.01%	TRIM -24%
56	Cerity Partners LLC	79,42679,426	$111,196	0.01%	—
57	Engineers Gate Manager LP	75,99975,999	$106,399	0.01%	NEW
58	CIBC Asset Management Inc	73,74873,748	$102,523	0.01%	NEW
59	RAYMOND JAMES FINANCIAL INC	72,75872,758	$101,861	0.01%	TRIM -29%
60	Caitong International Asset Management Co., Ltd	71,13071,130	$99,582	0.01%	ADD 106%
61	AMERICAN CENTURY COMPANIES INC	70,95370,953	$98,950	0.01%	ADD 30%
62	Shay Capital LLC	70,00070,000	$98,000	0.01%	NEW
63	SPROTT INC.	65,48865,488	$91,683	0.01%	NEW
64	CARY STREET PARTNERS FINANCIAL LLC	61,00061,000	$85,400	0.01%	ADD 49%
65	TUDOR INVESTMENT CORP ET AL	58,90058,900	$82,460	0.01%	TRIM -26%
66	Western Reserve Capital Management, LLC	56,10656,106	$78,548	0.01%	TRIM -44%
67	CAPTRUST FINANCIAL ADVISORS	55,59955,599	$77,839	0.01%	ADD 6%
68	MARSHALL WACE, LLP	54,00054,000	$75,600	0.01%	TRIM -18%
69	Brevan Howard Capital Management LP	55,70055,700	$74,917	0.01%	TRIM -79%
70	Allegheny Financial Group	52,10052,100	$72,940	0.01%	—
71	CANADA LIFE ASSURANCE Co	51,10451,104	$70,000	0.01%	NEW
72	Game Plan Financial Advisors, LLC	45,00045,000	$63,000	0.01%	—
73	ROYAL BANK OF CANADA	43,04843,048	$60,000	0.01%	TRIM -36%
74	PITTENGER & ANDERSON INC	40,75040,750	$57,050	0.01%	—
75	Versant Capital Management, Inc	40,60640,606	$56,848	0.01%	—
76	BARCLAYS PLC	40,00040,000	$56,000	0.01%	NEW
77	Pekin Hardy Strauss, Inc.	40,00040,000	$56,000	0.01%	TRIM -47%
78	SIG BROKERAGE, LP	36,95736,957	$51,740	0.01%	TRIM -8%
79	ALLIUM FINANCIAL ADVISORS, LLC	35,00035,000	$49,000	0.01%	—
80	SCRATCH CAPITAL LLC	32,43432,434	$45,408	0.01%	—
81	Kestra Advisory Services, LLC	31,48431,484	$44,078	0.01%	ADD 24%
82	SBI Securities Co., Ltd.	30,63230,632	$42,885	0.01%	ADD 4%
83	Baird Financial Group, Inc.	30,60030,600	$42,840	0.01%	—
84	STATE OF WISCONSIN INVESTMENT BOARD	30,46430,464	$42,349	0.01%	NEW
85	626 Financial, LLC	30,20030,200	$42,280	0.01%	—
86	&PARTNERS	30,00030,000	$42,000	0.01%	—
87	Creative Planning	29,26529,265	$40,971	0.01%	TRIM -11%
88	Swiss Life Asset Management Ltd	28,67628,676	$39,983	0.01%	NEW
89	Strathmore Capital Advisors, Inc.	20,00020,000	$39,400	0.00%	NEW
90	PFG Investments, LLC	28,08128,081	$39,313	0.01%	ADD 115%
91	Sage Investment Advisers LLC	26,00026,000	$38,480	0.00%	—
92	Plancorp, LLC	21,48121,481	$37,807	0.00%	NEW
93	SevenBridge Financial Group, LLC	18,50018,500	$37,740	0.00%	ADD 68%
94	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	24,90124,901	$37,102	0.00%	TRIM -22%
95	Linscomb Wealth, Inc.	26,50026,500	$37,100	0.00%	NEW
96	Allworth Financial LP	25,46825,468	$35,656	0.00%	ADD 31%
97	EQUITABLE TRUST CO	25,00025,000	$35,000	0.00%	—
98	Janney Montgomery Scott LLC	25,00025,000	$35,000	0.00%	—
99	FNY Investment Advisers, LLC	25,00025,000	$35,000	0.00%	TRIM -23%
100	SILVERLAKE WEALTH MANAGEMENT LLC	25,00025,000	$35,000	0.00%	—

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 trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

Kopernik Global Investors, LLC

31.5M

19.7M

21.7M

32.7M

$46M

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

—

12.6M

14.1M

17.2M

24.3M

$34M

TWO SIGMA INVESTMENTS, LP

374K

489K

546K

2.2M

6.3M

9.8M

$14M

JANE STREET GROUP, LLC

—

872K

736K

1.8M

8.0M

5.5M

$8M

MILLENNIUM MANAGEMENT LLC

277K

917K

939K

4.4M

13.4M

5.4M

$8M

RENAISSANCE TECHNOLOGIES LLC

—

4.5M

$6M

Russell Investments Group, Ltd.

6.3M

6.0M

5.4M

4.8M

3.5M

3.3M

$5M

COMMONWEALTH EQUITY SERVICES, LLC

293K

274K

276K

3.0M

2.1M

2.6M

$4M

Stenham Asset Management Ltd

—

2.0M

$3M

CITADEL ADVISORS LLC

401K

1.1M

1.3M

4.0M

2.9M

1.9M

$3M

SEI INVESTMENTS CO

1.8M

1.6M

$2M

SUSQUEHANNA INTERNATIONAL GROUP, LLP

264K

1.3M

774K

1.1M

3.3M

1.5M

$2M

UBS Group AG

113K

152K

92K

1.1M

900K

1.5M

$2M

MACKENZIE FINANCIAL CORP

—

1.7M

1.2M

$2M

Swiss National Bank

—

1.1M

$2M

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.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	191	112,926,688	20.2%	$158M
2025-Q4

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.

Institutional ownership· 13F filers holding NAK · 2026-Q1 methodology → sources →

191 holders

% of shares outstanding held

20.2%

Shares held (13F)

112,926,688

Reporting holders

191

Top holders

largest 100 of 191 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	Kopernik Global Investors, LLC	32,655,84632.7M	$46M	5.85%	ADD 51%
2	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	24,303,20324.3M	$34M	4.35%	ADD 42%
3	TWO SIGMA INVESTMENTS, LP	9,780,8099.8M	$14M	1.75%	ADD 55%
4	JANE STREET GROUP, LLC	5,480,9995.5M	$8M	0.98%	TRIM -31%
5	MILLENNIUM MANAGEMENT LLC	5,426,7435.4M	$8M	0.97%	TRIM -59%
6	RENAISSANCE TECHNOLOGIES LLC	4,460,1494.5M	$6M	0.80%	NEW
7	Russell Investments Group, Ltd.	3,271,7873.3M	$5M	0.59%	TRIM -6%
8	COMMONWEALTH EQUITY SERVICES, LLC	2,593,6322.6M	$4M	0.46%	ADD 23%
9	Stenham Asset Management Ltd	2,046,0002.0M	$3M	0.37%	NEW
10	CITADEL ADVISORS LLC	1,942,1881.9M	$3M	0.35%	TRIM -34%
11	SEI INVESTMENTS CO	1,558,1381.6M	$2M	0.28%	TRIM -15%
12	SUSQUEHANNA INTERNATIONAL GROUP, LLP	1,503,2881.5M	$2M	0.27%	TRIM -54%
13	UBS Group AG	1,493,8541.5M	$2M	0.27%	ADD 66%
14	MACKENZIE FINANCIAL CORP	1,237,0711.2M	$2M	0.22%	—
15	Swiss National Bank	1,100,5001.1M	$2M	0.20%	NEW
16	Bornite Capital Management LP	1,000,0001.0M	$1M	0.18%	TRIM -81%
17	BANK OF MONTREAL /CAN/	897,527897,527	$1M	0.16%	ADD 550%
18	TD Asset Management Inc	832,730832,730	$1M	0.15%	ADD 11%
19	IMC-Chicago, LLC	712,381712,381	$997,333	0.13%	ADD 47%
20	Cambridge Investment Research Advisors, Inc.	551,402551,402	$772,000	0.10%	ADD 3%
21	Legal & General Group Plc	471,755471,755	$655,802	0.08%	NEW
22	Ionic Capital Management LLC	459,000459,000	$642,600	0.08%	ADD 49%
23	STATE STREET CORP	422,700422,700	$591,780	0.08%	ADD 176%
24	GROUP ONE TRADING LLC	421,859421,859	$590,603	0.08%	TRIM -39%
25	NATIONS FINANCIAL GROUP INC, /IA/ /ADV	421,300421,300	$589,820	0.08%	—
26	Nuveen, LLC	403,052403,052	$560,296	0.07%	NEW
27	GEODE CAPITAL MANAGEMENT, LLC	373,429373,429	$520,775	0.07%	NEW
28	VANGUARD ASSET MANAGEMENT, Ltd	362,167362,167	$505,071	0.06%	NEW
29	SIMPLEX TRADING, LLC	218,160218,160	$305,424	0.04%	NEW
30	GOLDMAN SACHS GROUP INC	216,953216,953	$303,734	0.04%	TRIM -6%
31	Police & Firemen's Retirement System of New Jersey	206,307206,307	$286,794	0.04%	NEW
32	HRT FINANCIAL LP	204,672204,672	$286,000	0.04%	NEW
33	RFG Advisory, LLC	202,490202,490	$283,486	0.04%	—
34	GRIMES & Co WEALTH MANAGEMENT, LLC	189,750189,750	$265,650	0.03%	—
35	Aletheian Wealth Advisors LLC	168,200168,200	$235,480	0.03%	NEW
36	LCM Capital Management Inc	158,600158,600	$222,040	0.03%	TRIM -35%
37	BANK OF AMERICA CORP /DE/	158,251158,251	$221,551	0.03%	TRIM -35%
38	Zurcher Kantonalbank (Zurich Cantonalbank)	156,724156,724	$217,868	0.03%	NEW
39	LPL Financial LLC	152,938152,938	$214,113	0.03%	ADD 9%
40	XTX Topco Ltd	149,619149,619	$209,467	0.03%	ADD 373%
41	Vanguard Investments Australia, Ltd.	148,907148,907	$207,663	0.03%	NEW
42	WELLS FARGO & COMPANY/MN	145,316145,316	$203,442	0.03%	ADD 49%
43	Federation des caisses Desjardins du Quebec	140,550140,550	$192,654	0.03%	ADD 78%
44	Quadrature Capital Ltd	133,558133,558	$186,981	0.02%	TRIM -78%
45	HighTower Advisors, LLC	132,133132,133	$184,986	0.02%	—
46	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	115,700115,700	$160,798	0.02%	NEW
47	BlackRock, Inc.	110,956110,956	$155,339	0.02%	ADD 10%
48	BRADY FAMILY WEALTH, LLC	110,000110,000	$154,000	0.02%	—
49	TORONTO DOMINION BANK	109,876109,876	$153,261	0.02%	ADD 340%
50	Pictet Asset Management Holding SA	109,049109,049	$151,593	0.02%	NEW
51	CADINHA & CO LLC	100,000100,000	$140,000	0.02%	NEW
52	Stratos Wealth Advisors, LLC	98,78898,788	$138,303	0.02%	—
53	Cetera Investment Advisers	93,93093,930	$131,502	0.02%	TRIM -6%
54	Composition Wealth, LLC	85,95585,955	$120,337	0.02%	—
55	OSAIC HOLDINGS, INC.	82,22482,224	$115,113	0.01%	TRIM -24%
56	Cerity Partners LLC	79,42679,426	$111,196	0.01%	—
57	Engineers Gate Manager LP	75,99975,999	$106,399	0.01%	NEW
58	CIBC Asset Management Inc	73,74873,748	$102,523	0.01%	NEW
59	RAYMOND JAMES FINANCIAL INC	72,75872,758	$101,861	0.01%	TRIM -29%
60	Caitong International Asset Management Co., Ltd	71,13071,130	$99,582	0.01%	ADD 106%
61	AMERICAN CENTURY COMPANIES INC	70,95370,953	$98,950	0.01%	ADD 30%
62	Shay Capital LLC	70,00070,000	$98,000	0.01%	NEW
63	SPROTT INC.	65,48865,488	$91,683	0.01%	NEW
64	CARY STREET PARTNERS FINANCIAL LLC	61,00061,000	$85,400	0.01%	ADD 49%
65	TUDOR INVESTMENT CORP ET AL	58,90058,900	$82,460	0.01%	TRIM -26%
66	Western Reserve Capital Management, LLC	56,10656,106	$78,548	0.01%	TRIM -44%
67	CAPTRUST FINANCIAL ADVISORS	55,59955,599	$77,839	0.01%	ADD 6%
68	MARSHALL WACE, LLP	54,00054,000	$75,600	0.01%	TRIM -18%
69	Brevan Howard Capital Management LP	55,70055,700	$74,917	0.01%	TRIM -79%
70	Allegheny Financial Group	52,10052,100	$72,940	0.01%	—
71	CANADA LIFE ASSURANCE Co	51,10451,104	$70,000	0.01%	NEW
72	Game Plan Financial Advisors, LLC	45,00045,000	$63,000	0.01%	—
73	ROYAL BANK OF CANADA	43,04843,048	$60,000	0.01%	TRIM -36%
74	PITTENGER & ANDERSON INC	40,75040,750	$57,050	0.01%	—
75	Versant Capital Management, Inc	40,60640,606	$56,848	0.01%	—
76	BARCLAYS PLC	40,00040,000	$56,000	0.01%	NEW
77	Pekin Hardy Strauss, Inc.	40,00040,000	$56,000	0.01%	TRIM -47%
78	SIG BROKERAGE, LP	36,95736,957	$51,740	0.01%	TRIM -8%
79	ALLIUM FINANCIAL ADVISORS, LLC	35,00035,000	$49,000	0.01%	—
80	SCRATCH CAPITAL LLC	32,43432,434	$45,408	0.01%	—
81	Kestra Advisory Services, LLC	31,48431,484	$44,078	0.01%	ADD 24%
82	SBI Securities Co., Ltd.	30,63230,632	$42,885	0.01%	ADD 4%
83	Baird Financial Group, Inc.	30,60030,600	$42,840	0.01%	—
84	STATE OF WISCONSIN INVESTMENT BOARD	30,46430,464	$42,349	0.01%	NEW
85	626 Financial, LLC	30,20030,200	$42,280	0.01%	—
86	&PARTNERS	30,00030,000	$42,000	0.01%	—
87	Creative Planning	29,26529,265	$40,971	0.01%	TRIM -11%
88	Swiss Life Asset Management Ltd	28,67628,676	$39,983	0.01%	NEW
89	Strathmore Capital Advisors, Inc.	20,00020,000	$39,400	0.00%	NEW
90	PFG Investments, LLC	28,08128,081	$39,313	0.01%	ADD 115%
91	Sage Investment Advisers LLC	26,00026,000	$38,480	0.00%	—
92	Plancorp, LLC	21,48121,481	$37,807	0.00%	NEW
93	SevenBridge Financial Group, LLC	18,50018,500	$37,740	0.00%	ADD 68%
94	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	24,90124,901	$37,102	0.00%	TRIM -22%
95	Linscomb Wealth, Inc.	26,50026,500	$37,100	0.00%	NEW
96	Allworth Financial LP	25,46825,468	$35,656	0.00%	ADD 31%
97	EQUITABLE TRUST CO	25,00025,000	$35,000	0.00%	—
98	Janney Montgomery Scott LLC	25,00025,000	$35,000	0.00%	—
99	FNY Investment Advisers, LLC	25,00025,000	$35,000	0.00%	TRIM -23%
100	SILVERLAKE WEALTH MANAGEMENT LLC	25,00025,000	$35,000	0.00%	—

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 trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

Kopernik Global Investors, LLC

31.5M

19.7M

21.7M

32.7M

$46M

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

—

12.6M

14.1M

17.2M

24.3M

$34M

TWO SIGMA INVESTMENTS, LP

374K

489K

546K

2.2M

6.3M

9.8M

$14M

JANE STREET GROUP, LLC

—

872K

736K

1.8M

8.0M

5.5M

$8M

MILLENNIUM MANAGEMENT LLC

277K

917K

939K

4.4M

13.4M

5.4M

$8M

RENAISSANCE TECHNOLOGIES LLC

—

4.5M

$6M

Russell Investments Group, Ltd.

6.3M

6.0M

5.4M

4.8M

3.5M

3.3M

$5M

COMMONWEALTH EQUITY SERVICES, LLC

293K

274K

276K

3.0M

2.1M

2.6M

$4M

Stenham Asset Management Ltd

—

2.0M

$3M

CITADEL ADVISORS LLC

401K

1.1M

1.3M

4.0M

2.9M

1.9M

$3M

SEI INVESTMENTS CO

1.8M

1.6M

$2M

SUSQUEHANNA INTERNATIONAL GROUP, LLP

264K

1.3M

774K

1.1M

3.3M

1.5M

$2M

UBS Group AG

113K

152K

92K

1.1M

900K

1.5M

$2M

MACKENZIE FINANCIAL CORP

—

1.7M

1.2M

$2M

Swiss National Bank

—

1.1M

$2M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	191	112,926,688	20.2%	$158M
2025-Q4

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NAK US Equity☆

Institutional ownership· 13F filers holding NAK · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Institutional ownership· 13F filers holding NAK · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

NAK US Equity