Crowding percentile withheld — no market cap for NBIS 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 | BlackRock, Inc. | 9,937,5869.9M | $1.0B | 4.53% | ADD 5% |
| 2 | FRED ALGER MANAGEMENT, LLC | 9,599,3069.6M | $996M | 4.37% | ADD 21% |
| 3 | Orbis Allan Gray Ltd | 8,314,7668.3M | $863M | 3.79% | ADD 149% |
| 4 | Value Aligned Research Advisors, LLC | 5,813,4505.8M | $603M | 2.65% | ADD 76% |
| 5 | Accel Leaders 4 Associates L.P. | 4,580,9524.6M | $475M | 2.09% | — |
| 6 | MORGAN STANLEY | 3,665,0343.7M | $380M | 1.67% | — |
| 7 | STATE STREET CORP | 3,501,4603.5M | $363M | 1.60% | ADD 9% |
| 8 | Capital Research Global Investors | 3,359,1693.4M | $348M | 1.53% | ADD 21% |
| 9 | JANUS HENDERSON GROUP PLC | 3,221,5533.2M | $334M | 1.47% | ADD 15% |
| 10 | UBS Group AG | 3,119,7383.1M | $324M | 1.42% | TRIM -32% |
| 11 | GOLDMAN SACHS GROUP INC | 3,084,0953.1M | $320M | 1.41% | ADD 16% |
| 12 | Clear Street Group Inc. | 3,058,5903.1M | $317M | 1.39% | TRIM -13% |
| 13 | TWO SIGMA INVESTMENTS, LP | 2,795,0832.8M | $290M | 1.27% | ADD 3069% |
| 14 | Accel Leaders 3 Associates L.P. | 2,251,9052.3M | $234M | 1.03% | — |
| 15 | GEODE CAPITAL MANAGEMENT, LLC | 2,090,5892.1M | $215M | 0.95% | ADD 2% |
| 16 | Rovida Investment Management Ltd | 1,893,6471.9M | $196M | 0.86% | ADD 4% |
| 17 | Invesco Ltd. | 1,764,3601.8M | $183M | 0.80% | TRIM -35% |
| 18 | JENNISON ASSOCIATES LLC | 1,700,2231.7M | $176M | 0.77% | NEW |
| 19 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,551,6691.6M | $161M | 0.71% | ADD 6% |
| 20 | BANK OF AMERICA CORP /DE/ | 1,498,6311.5M | $155M | 0.68% | ADD 50% |
| 21 | JANE STREET GROUP, LLC | 1,451,9811.5M | $151M | 0.66% | — |
| 22 | Amundi | 1,343,9541.3M | $139M | 0.61% | ADD 11% |
| 23 | JPMORGAN CHASE & CO | 1,458,6361.5M | $135M | 0.66% | ADD 12% |
| 24 | NVIDIA CORP | 1,190,4761.2M | $124M | 0.54% | — |
| 25 | Legal & General Group Plc | 1,187,6821.2M | $123M | 0.54% | ADD 9% |
| 26 | Kora Management LP | 1,055,8161.1M | $110M | 0.48% | ADD 24% |
| 27 | NORTHERN TRUST CORP | 1,023,1471.0M | $106M | 0.47% | ADD 11% |
| 28 | Tree Line Advisors (Hong Kong) Ltd. | 1,070,0001.1M | $99M | 0.49% | — |
| 29 | GILDER GAGNON HOWE & CO LLC | 951,093951,093 | $99M | 0.43% | TRIM -6% |
| 30 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 764,289764,289 | $79M | 0.35% | TRIM -17% |
| 31 | Swiss National Bank | 739,190739,190 | $77M | 0.34% | ADD 28% |
| 32 | Marex Group plc | 713,063713,063 | $74M | 0.32% | TRIM -27% |
| 33 | SEI INVESTMENTS CO | 655,488655,488 | $68M | 0.30% | ADD 37% |
| 34 | DEUTSCHE BANK AG\ | 614,799614,799 | $64M | 0.28% | — |
| 35 | LPL Financial LLC | 601,274601,274 | $62M | 0.27% | ADD 31% |
| 36 | Ghisallo Capital Management LLC | 575,000575,000 | $60M | 0.26% | — |
| 37 | Anther Capital Ltd | 548,192548,192 | $57M | 0.25% | NEW |
| 38 | WCM INVESTMENT MANAGEMENT, LLC | 595,840595,840 | $55M | 0.27% | ADD 265% |
| 39 | Sumitomo Mitsui Trust Group, Inc. | 517,317517,317 | $54M | 0.24% | ADD 75% |
| 40 | Nuveen, LLC | 502,668502,668 | $52M | 0.23% | — |
| 41 | RAYMOND JAMES FINANCIAL INC | 457,222457,222 | $47M | 0.21% | ADD 46% |
| 42 | CITADEL ADVISORS LLC | 456,668456,668 | $47M | 0.21% | TRIM -13% |
| 43 | DekaBank Deutsche Girozentrale | 406,516406,516 | $43M | 0.19% | — |
| 44 | Point72 Asset Management, L.P. | 373,881373,881 | $39M | 0.17% | NEW |
| 45 | M37 Management LP | 350,000350,000 | $36M | 0.16% | NEW |
| 46 | Tidal Investments LLC | 347,754347,754 | $36M | 0.16% | ADD 23% |
| 47 | Bank of New York Mellon Corp | 339,462339,462 | $35M | 0.15% | — |
| 48 | ENVESTNET ASSET MANAGEMENT INC | 332,168332,168 | $34M | 0.15% | ADD 85% |
| 49 | ROYAL BANK OF CANADA | 304,401304,401 | $32M | 0.14% | ADD 22% |
| 50 | HIMENSION CAPITAL (SINGAPORE) PTE. LTD. | 293,019293,019 | $30M | 0.13% | ADD 39% |
| 51 | Cetera Investment Advisers | 292,669292,669 | $30M | 0.13% | ADD 64% |
| 52 | BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 317,867317,867 | $29M | 0.14% | — |
| 53 | SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | 280,000280,000 | $29M | 0.13% | NEW |
| 54 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 268,977268,977 | $28M | 0.12% | — |
| 55 | Woodline Partners LP | 265,013265,013 | $27M | 0.12% | ADD 6680% |
| 56 | Mitsubishi UFJ Asset Management Co., Ltd. | 264,962264,962 | $27M | 0.12% | ADD 12% |
| 57 | 1832 Asset Management L.P. | 260,700260,700 | $27M | 0.12% | NEW |
| 58 | VANGUARD ASSET MANAGEMENT, Ltd | 254,141254,141 | $26M | 0.12% | NEW |
| 59 | California Public Employees Retirement System | 240,388240,388 | $25M | 0.11% | ADD 381% |
| 60 | BARCLAYS PLC | 231,928231,928 | $24M | 0.11% | TRIM -25% |
| 61 | Mirae Asset Global Investments Co., Ltd. | 231,011231,011 | $24M | 0.11% | ADD 90% |
| 62 | AVIVA PLC | 370,564370,564 | $24M | 0.17% | ADD 6% |
| 63 | CIBC WORLD MARKET INC. | 221,430221,430 | $23M | 0.10% | ADD 104% |
| 64 | LONG WALK MANAGEMENT LP | 217,000217,000 | $23M | 0.10% | TRIM -26% |
| 65 | INVESTMENT HOUSE LLC | 216,472216,472 | $22M | 0.10% | — |
| 66 | Essex LLC | 205,412205,412 | $21M | 0.09% | — |
| 67 | ExodusPoint Capital Management, LP | 204,103204,103 | $21M | 0.09% | ADD 8% |
| 68 | Oak Grove Capital LLC | 203,816203,816 | $21M | 0.09% | ADD 10% |
| 69 | Verition Fund Management LLC | 201,694201,694 | $21M | 0.09% | TRIM -27% |
| 70 | Two Seas Capital LP | 196,475196,475 | $20M | 0.09% | TRIM -43% |
| 71 | WELLS FARGO & COMPANY/MN | 189,733189,733 | $20M | 0.09% | ADD 17% |
| 72 | STOREBRAND ASSET MANAGEMENT AS | 186,495186,495 | $19M | 0.08% | NEW |
| 73 | SIH Partners, LLLP | 182,940182,940 | $19M | 0.08% | ADD 473% |
| 74 | CITIGROUP INC | 174,732174,732 | $18M | 0.08% | TRIM -21% |
| 75 | BANK OF MONTREAL /CAN/ | 173,636173,636 | $18M | 0.08% | TRIM -15% |
| 76 | Valliance Asset Management Ltd | 171,100171,100 | $18M | 0.08% | NEW |
| 77 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 170,248170,248 | $18M | 0.08% | ADD 7% |
| 78 | MARSICO CAPITAL MANAGEMENT LLC | 167,434167,434 | $17M | 0.08% | NEW |
| 79 | CENTAURUS FINANCIAL, INC. | 164,935164,935 | $17M | 0.08% | TRIM -19% |
| 80 | PRICE T ROWE ASSOCIATES INC /MD/ | 164,821164,821 | $17M | 0.08% | TRIM -4% |
| 81 | Allianz Asset Management GmbH | 163,763163,763 | $17M | 0.07% | TRIM -34% |
| 82 | VANGUARD CAPITAL MANAGEMENT LLC | 162,092162,092 | $17M | 0.07% | NEW |
| 83 | SEB Asset Management AB | 394,010394,010 | $17M | 0.18% | NEW |
| 84 | Bridgewater Associates, LP | 157,064157,064 | $16M | 0.07% | ADD 435% |
| 85 | HSBC HOLDINGS PLC | 147,331147,331 | $15M | 0.07% | TRIM -30% |
| 86 | Vontobel Holding Ltd. | 136,768136,768 | $14M | 0.06% | ADD 361% |
| 87 | Korea Investment CORP | 131,213131,213 | $14M | 0.06% | TRIM -6% |
| 88 | OSAIC HOLDINGS, INC. | 130,979130,979 | $14M | 0.06% | ADD 9% |
| 89 | TCW GROUP INC | 130,337130,337 | $14M | 0.06% | ADD 32% |
| 90 | Voleon Capital Management LP | 130,071130,071 | $13M | 0.06% | ADD 3450% |
| 91 | Lingotto Investment Management LLP | 128,945128,945 | $13M | 0.06% | NEW |
| 92 | SCOGGIN MANAGEMENT LP | 125,000125,000 | $13M | 0.06% | TRIM -38% |
| 93 | Jain Global LLC | 122,775122,775 | $13M | 0.06% | NEW |
| 94 | Mitsubishi UFJ Trust & Banking Corp | 122,372122,372 | $13M | 0.06% | ADD 14% |
| 95 | Pictet Asset Management Holding SA | 567,535567,535 | $13M | 0.26% | — |
| 96 | HOWLAND CAPITAL MANAGEMENT LLC | 117,540117,540 | $12M | 0.05% | TRIM -13% |
| 97 | Siren, L.L.C. | 113,614113,614 | $12M | 0.05% | ADD 49% |
| 98 | Handelsbanken Fonder AB | 110,068110,068 | $11M | 0.05% | TRIM -5% |
| 99 | AMERIPRISE FINANCIAL INC | 109,703109,703 | $11M | 0.05% | ADD 32% |
| 100 | Public Sector Pension Investment Board | 389,855389,855 | $11M | 0.18% | ADD 2% |
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 |
|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 14K | 8K | 6K | 24K | 9.4M | 9.9M | $1.0B |
| FRED ALGER MANAGEMENT, LLC | 5.6M | 3.2M | 7.6M | 10.1M | 7.9M | 9.6M | $996M |
| Orbis Allan Gray Ltd | 15.7M | 15.7M | 17.7M | 12.8M | 3.3M | 8.3M | $863M |
| Value Aligned Research Advisors, LLC | 520K | 1.9M | 2.2M | 2.0M | 3.3M | 5.8M | $603M |
| Accel Leaders 4 Associates L.P. | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | 4.6M | $475M |
| MORGAN STANLEY | 929K | 2.2M | 2.0M | 2.7M | 3.7M | 3.7M | $380M |
| STATE STREET CORP | 45K | 45K | 131K | 129K | 3.2M | 3.5M | $363M |
| Capital Research Global Investors | — | — | — | — | 2.8M | 3.4M | $348M |
| JANUS HENDERSON GROUP PLC | 16K | — | — | 1.4M | 2.8M | 3.2M | $334M |
| UBS Group AG | 603K | 394K | 394K | 2.7M | 4.6M | 3.1M | $324M |
| GOLDMAN SACHS GROUP INC | 514K | 637K | 1.6M | 1.9M | 2.7M | 3.1M | $320M |
| Clear Street Group Inc. | — | — | — | 1.8M | 3.5M | 3.1M | $317M |
| TWO SIGMA INVESTMENTS, LP | — | — | 73K | 2.4M | 88K | 2.8M | $290M |
| Accel Leaders 3 Associates L.P. | — | — | — | — | 2.3M | 2.3M | $234M |
| GEODE CAPITAL MANAGEMENT, LLC | — | — | 168K | 171K | 2.0M | 2.1M | $215M |
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.
Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding divides each quarter's as-filed 13F shares by the SEC cover-page share count dated to that same quarter (split-adjusted), not by today's count — so splits and buybacks don't move the line.
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 | |
|---|---|---|---|
| Orbis Allan Gray Ltd | +4,979,408 | $517M | ADD |
| TWO SIGMA INVESTMENTS, LP | +2,706,887 | $281M | ADD |
| Value Aligned Research Advisors, LLC | +2,507,674 | $260M | ADD |
| JENNISON ASSOCIATES LLC | +1,700,223 | $176M | OPEN |
| FRED ALGER MANAGEMENT, LLC | +1,661,403 | $172M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| UBS Group AG | −1,462,065 | $152M | TRIM |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | −1,351,614 | $140M | CLOSE |
| Invesco Ltd. | −967,430 | $100M | TRIM |
| NEUBERGER BERMAN GROUP LLC | −879,672 | $91M | CLOSE |
| CloudAlpha Capital Management Limited/Hong Kong | −754,000 | $78M | 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 | 720 | 118,545,254 | 54.0% | $12.1B |
| 2025-Q4 | 621 | 105,271,073 | 48.0% | $8.7B |
| 2025-Q3 | 572 | 99,627,335 | 45.4% | $11.1B |
| 2025-Q2 | 406 | 84,097,556 | — | $4.6B |
| 2025-Q1 | 333 | 81,923,882 | 41.0% | $1.7B |
| 2024-Q4 | 303 | 104,248,513 | 52.1% | $2.8B |
| 2024-Q3 | 196 | 53,755,018 | 26.9% | $414M |
| 2024-Q2 | 196 | 50,458,612 | — | $377M |
| 2024-Q1 | 203 | 64,559,719 | — | $428M |
| 2023-Q4 | 214 | 83,977,651 | — | $629M |
| 2023-Q3 | 213 | 99,195,104 | — | $578M |
| 2023-Q2 | 222 | 108,844,129 | — | $694M |
| 2023-Q1 | 236 | 185,095,309 | — | $482M |
| 2022-Q4 | 248 | 199,574,883 | — | $910M |
| 2022-Q3 | 245 | 203,407,833 | — | $869M |
| 2022-Q2 | 253 | 204,585,680 | — | $880M |
| 2022-Q1 | 255 | 209,546,305 | — | $1.1B |
| 2021-Q4 | 324 | 241,629,942 | — | $14.6B |
| 2021-Q3 | 305 | 242,114,205 | — | $19.3B |
| 2021-Q2 | 308 | 243,088,860 | — | $17.2B |
| 2021-Q1 | 309 | 239,423,715 | — | $15.3B |
| 2020-Q4 | 310 | 251,675,235 | — | $17.7B |
| 2020-Q3 | 300 | 246,382,214 | — | $16.1B |
| 2020-Q2 | 297 | 255,847,954 | — | $12.8B |
| 2020-Q1 | 289 | 236,132,795 | — | $8.0B |
| 2019-Q4 | 293 | 224,639,406 | — | $9.8B |
| 2019-Q3 | 272 | 216,329,057 | — | $7.6B |
| 2019-Q2 | 285 | 222,740,929 | — | $8.5B |
| 2019-Q1 | 292 | 217,578,952 | — | $7.5B |
| 2018-Q4 | 250 | 215,002,239 | — | $5.9B |
| 2018-Q3 | 254 | 229,973,112 | — | $7.6B |
| 2018-Q2 | 268 | 229,162,991 | — | $8.2B |
| 2018-Q1 | 293 | 232,393,436 | — | $9.2B |
| 2017-Q4 | 259 | 221,825,769 | — | $7.3B |
| 2017-Q3 | 240 | 217,852,731 | — | $7.2B |
| 2017-Q2 | 231 | 219,762,008 | — | $5.8B |
| 2017-Q1 | 230 | 232,351,838 | — | $5.1B |
| 2016-Q4 | 231 | 224,165,801 | — | $4.5B |
| 2016-Q3 | 219 | 183,146,021 | — | $3.9B |
| 2016-Q2 | 194 | 175,341,506 | — | $3.8B |
| 2016-Q1 | 170 | 163,310,750 | — | $2.5B |
| 2015-Q4 | 172 | 162,378,836 | — | $2.5B |
| 2015-Q3 | 166 | 156,395,518 | — | $1.7B |
| 2015-Q2 | 171 | 150,974,291 | — | $2.3B |
| 2015-Q1 | 169 | 149,012,531 | — | $2.3B |
| 2014-Q4 | 175 | 149,438,497 | — | $2.7B |
| 2014-Q3 | 189 | 137,251,125 | — | $3.8B |
| 2014-Q2 | 191 | 139,921,581 | — | $5.0B |
| 2014-Q1 | 217 | 158,165,813 | — | $5.4B |
| 2013-Q4 | 235 | 156,714,321 | — | $6.8B |
| 2013-Q3 | 196 | 147,166,695 | — | $5.4B |
| 2013-Q2 | 171 | 144,443,243 | — | $4.0B |
| 2013-Q1 | 11 | 40,845,115 | — | $944M |
