% of shares outstanding is not shown for NVBT: 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 NVBT 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 | RAYMOND JAMES FINANCIAL INC | 112,635112,635 | $4M | — | ADD 65% |
| 2 | LPL Financial LLC | 83,04783,047 | $3M | — | TRIM -9% |
| 3 | OSAIC HOLDINGS, INC. | 69,14869,148 | $2M | — | TRIM -6% |
| 4 | COMMONWEALTH EQUITY SERVICES, LLC | 61,16161,161 | $2M | — | TRIM -4% |
| 5 | Cetera Investment Advisers | 38,54138,541 | $1M | — | — |
| 6 | Lido Advisors, LLC | 26,91526,915 | $963,557 | — | — |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 24,22324,223 | $867,183 | — | TRIM -25% |
| 8 | Grantvest Financial Group LLC | 19,72019,720 | $705,976 | — | — |
| 9 | CITADEL ADVISORS LLC | 19,71019,710 | $705,618 | — | TRIM -8% |
| 10 | KESTRA PRIVATE WEALTH SERVICES, LLC | 19,37919,379 | $693,768 | — | — |
| 11 | Kestra Advisory Services, LLC | 18,50818,508 | $662,569 | — | ADD 65% |
| 12 | Concurrent Investment Advisors, LLC | 14,75214,752 | $528,106 | — | — |
| 13 | HARBOUR INVESTMENTS, INC. | 11,76711,767 | $421,259 | — | TRIM -39% |
| 14 | Sanctuary Advisors, LLC | 10,37010,370 | $371,246 | — | ADD 17% |
| 15 | Accurate Wealth Management, LLC | 9,2909,290 | $342,819 | — | ADD 3% |
| 16 | CENTAURUS FINANCIAL, INC. | 9,5419,541 | $342,000 | — | NEW |
| 17 | Nvest Financial, LLC | 7,9127,912 | $283,250 | — | TRIM -12% |
| 18 | ENVESTNET ASSET MANAGEMENT INC | 7,3327,332 | $262,486 | — | ADD 27% |
| 19 | JIM SAULNIER & ASSOCIATES, LLC | 6,2316,231 | $223,070 | — | TRIM -42% |
| 20 | Allianz SE | 5,0005,000 | $179,000 | — | — |
| 21 | BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 4,8064,806 | $172,055 | — | — |
| 22 | Spire Wealth Management | 1,1631,163 | $41,635 | — | — |
| 23 | SIGNATUREFD, LLC | 900900 | $32,220 | — | NEW |
| 24 | CREATIVE FINANCIAL DESIGNS INC /ADV | 268268 | $9,594 | — | — |
| 25 | UBS Group AG | 115115 | $4,117 | — | NEW |
| 26 | IFP Advisors, Inc | 100100 | $3,580 | — | NEW |
| 27 | AE Wealth Management LLC | 4747 | $1,683 | — | 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 |
|---|---|---|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | 22K | 22K | 22K | 28K | 68K | 113K | $4M |
| LPL Financial LLC | 9K | — | 15K | 20K | 92K | 83K | $3M |
| OSAIC HOLDINGS, INC. | 89K | 85K | 53K | 51K | 74K | 69K | $2M |
| COMMONWEALTH EQUITY SERVICES, LLC | 54K | 45K | 74K | 45K | 64K | 61K | $2M |
| Cetera Investment Advisers | 14K | 17K | 14K | 19K | 39K | 39K | $1M |
| Lido Advisors, LLC | — | — | — | — | 27K | 27K | $963,557 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 22K | 33K | 13K | 29K | 33K | 24K | $867,183 |
| Grantvest Financial Group LLC | 15K | 15K | 15K | 14K | 20K | 20K | $705,976 |
| CITADEL ADVISORS LLC | — | 7K | 8K | — | 21K | 20K | $705,618 |
| KESTRA PRIVATE WEALTH SERVICES, LLC | 24K | 22K | 20K | 20K | 20K | 19K | $693,768 |
| Kestra Advisory Services, LLC | 611K | 641K | 679K | 50K | 11K | 19K | $662,569 |
| Concurrent Investment Advisors, LLC | — | — | — | — | 15K | 15K | $528,106 |
| HARBOUR INVESTMENTS, INC. | 11K | 8K | 7K | 4K | 19K | 12K | $421,259 |
| Sanctuary Advisors, LLC | — | — | — | — | 9K | 10K | $371,246 |
| Accurate Wealth Management, LLC | — | — | — | — | 9K | 9K | $342,819 |
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.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 27 | 582,581 | — | $21M |
| 2025-Q4 | 22 | 556,892 | — | $21M |
| 2025-Q3 | 19 | 390,800 | — | $14M |
| 2025-Q2 | 23 | 1,008,744 | — | $35M |
| 2025-Q1 |
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 | |
|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | +44,209 | $2M | ADD |
| CENTAURUS FINANCIAL, INC. | +9,541 | $341,568 | OPEN |
| Kestra Advisory Services, LLC | +7,296 | $261,197 | ADD |
| ENVESTNET ASSET MANAGEMENT INC | +1,578 | $56,492 | ADD |
| Sanctuary Advisors, LLC | +1,475 | $52,805 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| LPL Financial LLC | −8,582 | $307,236 | TRIM |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −8,290 | $296,782 | TRIM |
| HARBOUR INVESTMENTS, INC. | −7,546 | $270,147 | TRIM |
| OSAIC HOLDINGS, INC. | −4,613 | $165,145 | TRIM |
| JIM SAULNIER & ASSOCIATES, LLC | −4,508 | $161,386 | TRIM |
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).
| 24 |
| 1,008,669 |
| — |
| $32M |
| 2024-Q4 | 21 | 979,470 | — | $32M |
| 2024-Q3 | 13 | 186,828 | — | $6M |
| 2024-Q2 | 11 | 198,825 | — | $6M |
| 2024-Q1 | 10 | 182,069 | — | $6M |
| 2023-Q4 | 12 | 261,674 | — | $8M |
| 2023-Q3 | 6 | 279,202 | — | $8M |
| 2023-Q2 | 8 | 467,895 | — | $13M |
| 2023-Q1 | 7 | 539,344 | — | $14M |
| 2022-Q4 | 8 | 591,322 | — | $15M |
