% of shares outstanding is not shown for NBH: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for NBH 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 | Pathstone Holdings, LLC | 2,035,0402.0M | $21M | — | ADD 17% |
| 2 | MORGAN STANLEY | 1,341,7461.3M | $14M | — | ADD 16% |
| 3 | 1607 Capital Partners, LLC | 1,006,5391.0M | $10M | — | — |
| 4 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 929,775929,775 | $9M | — | — |
| 5 | GUGGENHEIM CAPITAL LLC | 736,251736,251 | $7M | — | TRIM -3% |
| 6 | Advisors Asset Management, Inc. | 725,657725,657 | $7M | — | — |
| 7 | MACKAY SHIELDS LLC | 623,277623,277 | $6M | — | TRIM -49% |
| 8 | UBS Group AG | 473,408473,408 | $5M | — | ADD 6% |
| 9 | Rareview Capital LLC | 462,461462,461 | $5M | — | ADD 11% |
| 10 | ROBINSON CAPITAL MANAGEMENT, LLC | 425,260425,260 | $4M | — | ADD 74% |
| 11 | VAN ECK ASSOCIATES CORP | 279,856279,856 | $3M | — | ADD 13% |
| 12 | Professional Financial Management, Inc. | 249,195249,195 | $3M | — | ADD 8% |
| 13 | Hennion & Walsh Asset Management, Inc. | 218,828218,828 | $2M | — | — |
| 14 | COHEN & STEERS, INC. | 217,982217,982 | $2M | — | ADD 5% |
| 15 | MELFA WEALTH MANAGEMENT, INC. | 206,547206,547 | $2M | — | — |
| 16 | Invesco Ltd. | 158,105158,105 | $2M | — | — |
| 17 | Fiera Capital Corp | 156,271156,271 | $2M | — | TRIM -46% |
| 18 | Worthington Financial Partners, LLC | 143,830143,830 | $1M | — | — |
| 19 | Matisse Capital | 135,900135,900 | $1M | — | — |
| 20 | ENVESTNET ASSET MANAGEMENT INC | 127,709127,709 | $1M | — | ADD 3% |
| 21 | SIT INVESTMENT ASSOCIATES INC | 113,046113,046 | $1M | — | ADD 133% |
| 22 | PARK AVENUE SECURITIES LLC | 111,408111,408 | $1M | — | — |
| 23 | WESCAP Management Group, Inc. | 111,026111,026 | $1M | — | ADD 45% |
| 24 | Atala Financial Inc | 105,286105,286 | $1M | — | — |
| 25 | BANK OF AMERICA CORP /DE/ | 102,431102,431 | $1M | — | ADD 20% |
| 26 | RAYMOND JAMES FINANCIAL INC | 88,44788,447 | $897,738 | — | — |
| 27 | Karpus Management, Inc. | 83,02183,021 | $842,663 | — | ADD 22% |
| 28 | WELLS FARGO & COMPANY/MN | 80,20080,200 | $814,024 | — | — |
| 29 | RIVERBRIDGE PARTNERS LLC | 78,11978,119 | $792,907 | — | ADD 18% |
| 30 | LPL Financial LLC | 76,73976,739 | $778,904 | — | ADD 4% |
| 31 | Noble Wealth Management PBC | 75,29775,297 | $764,261 | — | ADD 36% |
| 32 | Ackerman Capital Advisors, LLC | 69,13369,133 | $701,700 | — | TRIM -26% |
| 33 | CURA WEALTH ADVISORS, LLC | 68,00068,000 | $690,200 | — | — |
| 34 | Summit Trail Advisors, LLC | 67,90667,906 | $689,248 | — | NEW |
| 35 | HighTower Advisors, LLC | 57,07857,078 | $579,342 | — | TRIM -14% |
| 36 | Bridgewater Advisors Inc. | 50,63350,633 | $526,077 | — | — |
| 37 | Plancorp, LLC | 50,00950,009 | $509,092 | — | — |
| 38 | BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 49,82549,825 | $505,724 | — | — |
| 39 | EVOLVE PRIVATE WEALTH, LLC | 45,89945,899 | $465,875 | — | — |
| 40 | HORIZON KINETICS ASSET MANAGEMENT LLC | 41,39641,396 | $420,169 | — | — |
| 41 | ROYAL BANK OF CANADA | 40,12840,128 | $407,000 | — | — |
| 42 | Nuveen, LLC | 37,33837,338 | $378,981 | — | ADD 16% |
| 43 | EVOKE WEALTH, LLC | 36,99736,997 | $377,524 | — | — |
| 44 | Closed-End Fund Advisors, Inc. | 30,91630,916 | $313,797 | — | ADD 11% |
| 45 | Rockefeller Capital Management L.P. | 29,37929,379 | $298,199 | — | — |
| 46 | Waverly Advisors, LLC | 28,40828,408 | $288,341 | — | — |
| 47 | AMERIPRISE FINANCIAL INC | 26,86726,867 | $272,700 | — | TRIM -4% |
| 48 | Cambridge Investment Research Advisors, Inc. | 25,53025,530 | $259,000 | — | ADD 14% |
| 49 | INTEGRATED CAPITAL MANAGEMENT, INC. | 23,38623,386 | $237,366 | — | TRIM -6% |
| 50 | COMMONWEALTH EQUITY SERVICES, LLC | 22,63122,631 | $229,700 | — | — |
| 51 | Bank of New York Mellon Corp | 22,03622,036 | $223,667 | — | ADD 15% |
| 52 | Avior Wealth Management, LLC | 21,70721,707 | $220,326 | — | ADD 2% |
| 53 | ROTHSCHILD INVESTMENT LLC | 21,20021,200 | $215,180 | — | — |
| 54 | BAR HARBOR WEALTH MANAGEMENT | 19,86519,865 | $201,630 | — | — |
| 55 | Kestra Advisory Services, LLC | 19,76019,760 | $200,565 | — | ADD 8% |
| 56 | OSAIC HOLDINGS, INC. | 18,89518,895 | $191,824 | — | ADD 32% |
| 57 | &PARTNERS | 18,77718,777 | $190,584 | — | ADD 24% |
| 58 | Tyche Wealth Partners LLC | 14,81614,816 | $150,382 | — | — |
| 59 | Alteri Wealth LLC | 12,75412,754 | $129,453 | — | TRIM -3% |
| 60 | Alesco Advisors, LLC, An ESL Co | 11,73911,739 | $119,151 | — | — |
| 61 | BANK OF MONTREAL /CAN/ | 11,41411,414 | $115,852 | — | TRIM -48% |
| 62 | Steward Partners Investment Advisory, LLC | 10,91310,913 | $110,767 | — | TRIM -8% |
| 63 | MML INVESTORS SERVICES, LLC | 10,68710,687 | $108,476 | — | TRIM -16% |
| 64 | NOMURA HOLDINGS INC | 10,00010,000 | $101,500 | — | NEW |
| 65 | HOLLENCREST CAPITAL MANAGEMENT | 9,6879,687 | $98,323 | — | ADD 33% |
| 66 | Farther Finance Advisors, LLC | 4,0464,046 | $40,781 | — | — |
| 67 | Moisand Fitzgerald Tamayo, LLC | 3,7363,736 | $37,921 | — | — |
| 68 | Advisory Services Network, LLC | 3,3563,356 | $34,063 | — | NEW |
| 69 | MATHER GROUP, LLC. | 2,9972,997 | $30,420 | — | NEW |
| 70 | IFG Advisory, LLC | 2,0002,000 | $20,300 | — | NEW |
| 71 | Community Financial Services Group, LLC | 1,5101,510 | $15,221 | — | NEW |
| 72 | Penserra Capital Management LLC | 1,0761,076 | $10,000 | — | NEW |
| 73 | MAI Capital Management | 912912 | $9,260 | — | — |
| 74 | WOLVERINE ASSET MANAGEMENT LLC | 899899 | $9,125 | — | TRIM -96% |
| 75 | HIGHLINE WEALTH PARTNERS LLC | 800800 | $8,120 | — | — |
| 76 | FIFTH THIRD BANCORP | 3333 | $335 | — | NEW |
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 |
|---|---|---|---|---|---|---|---|
| Pathstone Holdings, LLC | 542K | 1.1M | 1.2M | 1.4M | 1.7M | 2.0M | $21M |
| MORGAN STANLEY | 762K | 882K | 1.0M | 1.2M | 1.2M | 1.3M | $14M |
| 1607 Capital Partners, LLC | 1.1M | 1.2M | 1.1M | 1.1M | 1.0M | 1.0M | $10M |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 866K | 791K | 811K | 811K | 932K | 930K | $9M |
| GUGGENHEIM CAPITAL LLC | 195K | 232K | 455K | 693K | 762K | 736K | $7M |
| Advisors Asset Management, Inc. | 306K | 360K | 462K | 563K | 737K | 726K | $7M |
| MACKAY SHIELDS LLC | — | 941K | 1.2M | 1.2M | 1.2M | 623K | $6M |
| UBS Group AG | 477K | 415K | 440K | 482K | 446K | 473K | $5M |
| Rareview Capital LLC | — | — | 157K | 331K | 418K | 462K | $5M |
| ROBINSON CAPITAL MANAGEMENT, LLC | — | 48K | 109K | 88K | 244K | 425K | $4M |
| VAN ECK ASSOCIATES CORP | 248K | 201K | 205K | 215K | 247K | 280K | $3M |
| Professional Financial Management, Inc. | — | — | — | — | 230K | 249K | $3M |
| Hennion & Walsh Asset Management, Inc. | 226K | 222K | 231K | 236K | 220K | 219K | $2M |
| COHEN & STEERS, INC. | 182K | 182K | 153K | 208K | 208K | 218K | $2M |
| MELFA WEALTH MANAGEMENT, INC. | 223K | 223K | 224K | 225K | 204K | 207K | $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.
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 | |
|---|---|---|---|
| Pathstone Holdings, LLC | +294,889 | $3M | ADD |
| MORGAN STANLEY | +184,931 | $2M | ADD |
| ROBINSON CAPITAL MANAGEMENT, LLC | +181,327 | $2M | ADD |
| Summit Trail Advisors, LLC | +67,906 | $689,246 | OPEN |
| SIT INVESTMENT ASSOCIATES INC | +64,446 | $654,127 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| MACKAY SHIELDS LLC | −610,301 | $6M | TRIM |
| Fiera Capital Corp | −131,420 | $1M | TRIM |
| Saba Capital Management, L.P. | −110,116 | $1M | CLOSE |
| Balyasny Asset Management L.P. | −73,748 | $748,542 | CLOSE |
| JANE STREET GROUP, LLC | −46,640 | $473,396 | 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 | 76 | 12,735,731 | — | $129M |
| 2025-Q4 | 84 | 12,926,092 | — | $131M |
| 2025-Q3 | 71 | 12,062,220 | — | $124M |
| 2025-Q2 | 73 | 12,158,973 | — | $120M |
| 2025-Q1 | 75 | 11,811,942 | — | $123M |
| 2024-Q4 | 78 | 11,538,400 | — | $119M |
| 2024-Q3 | 72 | 10,820,142 | — | $120M |
| 2024-Q2 | 80 | 10,819,789 | — | $116M |
| 2024-Q1 | 86 | 12,013,765 | — | $126M |
| 2023-Q4 | 79 | 10,578,466 | — | $110M |
| 2023-Q3 | 58 | 4,348,953 | — | $40M |
| 2023-Q2 | 56 | 3,919,465 | — | $40M |
| 2023-Q1 | 54 | 3,587,124 | — | $39M |
| 2022-Q4 | 58 | 3,808,464 | — | $40M |
| 2022-Q3 | 51 | 3,484,235 | — | $35M |
| 2022-Q2 | 54 | 3,109,669 | — | $35M |
| 2022-Q1 | 46 | 2,977,871 | — | $40M |
| 2021-Q4 | 49 | 3,003,128 | — | $46M |
| 2021-Q3 | 46 | 2,929,046 | — | $47M |
| 2021-Q2 | 42 | 2,946,846 | — | $47M |
| 2021-Q1 | 47 | 3,135,659 | — | $50M |
| 2020-Q4 | 50 | 2,197,665 | — | $33M |
| 2020-Q3 | 43 | 2,156,565 | — | $33M |
| 2020-Q2 | 43 | 2,073,565 | — | $29M |
| 2020-Q1 | 42 | 2,216,199 | — | $32M |
| 2019-Q4 | 41 | 2,222,335 | — | $34M |
| 2019-Q3 | 42 | 2,270,796 | — | $35M |
| 2019-Q2 | 43 | 2,343,962 | — | $34M |
| 2019-Q1 | 41 | 2,789,260 | — | $40M |
| 2018-Q4 | 49 | 2,921,844 | — | $37M |
| 2018-Q3 | 40 | 2,516,883 | — | $34M |
| 2018-Q2 | 44 | 2,712,822 | — | $37M |
| 2018-Q1 | 43 | 2,533,389 | — | $35M |
| 2017-Q4 | 42 | 2,195,778 | — | $32M |
| 2017-Q3 | 37 | 2,031,583 | — | $31M |
| 2017-Q2 | 35 | 1,906,879 | — | $29M |
| 2017-Q1 | 37 | 1,932,783 | — | $29M |
| 2016-Q4 | 31 | 1,619,677 | — | $26M |
| 2016-Q3 | 32 | 1,550,999 | — | $26M |
| 2016-Q2 | 32 | 1,701,966 | — | $28M |
| 2016-Q1 | 35 | 1,759,506 | — | $28M |
| 2015-Q4 | 35 | 1,832,804 | — | $29M |
| 2015-Q3 | 32 | 1,815,425 | — | $28M |
| 2015-Q2 | 32 | 1,816,160 | — | $27M |
| 2015-Q1 | 34 | 1,865,769 | — | $29M |
| 2014-Q4 | 33 | 1,999,241 | — | $31M |
| 2014-Q3 | 34 | 2,055,314 | — | $31M |
| 2014-Q2 | 35 | 1,928,495 | — | $30M |
| 2014-Q1 | 34 | 1,832,190 | — | $27M |
| 2013-Q4 | 33 | 1,791,153 | — | $25M |
| 2013-Q3 | 30 | 1,656,191 | — | $23M |
| 2013-Q2 | 32 | 1,500,276 | — | $22M |
