| 4 |
| BANK OF AMERICA CORP /DE/ |
| 8.0M |
| $127.0M |
| -3.7% |
| 6.386% |
| 0.01% |
| 5 | TPG GP A, LLC | 5.8M | $92.1M | -2.5% | 4.634% | 1.84% |
| 6 | ING GROEP NV | 5.4M | $86.4M | +2.1% | 4.344% | 0.42% |
| 7 | CITIGROUP INC | 4.3M | $68.6M | +41.7% | 3.449% | 0.02% |
| 8 | JPMORGAN CHASE & CO | 2.8M | $45.3M | -8.7% | 2.270% | 0.00% |
| 9 | NOMURA HOLDINGS INC | 2.5M | $39.8M | +13.5% | 2.004% | 0.05% |
| 10 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.4M | $22.3M | +1400428.0% | 1.122% | 0.03% |
| 11 | PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 1.0M | $16.4M | 0.0% | 0.826% | 1.42% |
| 12 | Fractal Investments LLC | 832K | $13.3M | 0.0% | 0.667% | 1.53% |
| 13 | BNP PARIBAS FINANCIAL MARKETS | 599K | $9.5M | -2.4% | 0.480% | 0.00% |
| 14 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 571K | $9.1M | -27.6% | 0.458% | 0.00% |
| 15 | BARCLAYS PLC | 460K | $7.3M | +359.5% | 0.368% | 0.00% |
| 16 | CITADEL ADVISORS LLC | 399K | $6.4M | +81.5% | 0.320% | 0.00% |
| 17 | HighTower Advisors, LLC | 273K | $4.4M | -0.7% | 0.219% | 0.00% |
| 18 | Mariner, LLC | 260K | $4.1M | +0.3% | 0.208% | 0.00% |
| 19 | Cetera Investment Advisers | 250K | $4.0M | +0.1% | 0.200% | 0.00% |
| 20 | ALPS ADVISORS INC | 248K | $3.9M | +5.0% | 0.198% | 0.02% |
| 21 | BROWN ADVISORY INC | 225K | $3.6M | 0.0% | 0.180% | 0.01% |
| 22 | UBS Group AG | 191K | $3.0M | -32.9% | 0.153% | 0.00% |
| 23 | STEPHENS INC /AR/ | 190K | $3.0M | 0.0% | 0.152% | 0.03% |
| 24 | LPL Financial LLC | 188K | $3.0M | +1265.7% | 0.151% | 0.00% |
| 25 | AlphaCore Capital LLC | 179K | $2.8M | +1.7% | 0.143% | 0.05% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in NGL — a direct measure of their conviction.
| 49.79% |
| +3.64 pp |
| $281M |
| 1.8% |
| Q4 2024 | 84 | +2.4% | 46.15% | +0.47 pp | $286M | +12% |
| Q3 2024 | 82 | — | 45.68% | — | $256M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
2 institutions opened new positions in NGL during Q2 2026, while 15 fully exited. 67 added to existing positions and 15 trimmed.
NGL institutional ownership rose by 1.71 percentage points quarter-over-quarter, with a net change of -15 holders.
The top 10 institutions account for 90.3% of all reported 13F value in NGL, and the top 25 account for 98.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.