Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in NN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Fortress Investment Group LLC | 14.2M | $227.1M | 0.0% | 10.392% | 57.77% |
| 2 | Clutterbuck Capital Management LLC | 9.3M | $150.5M | +61.4% | 6.817% | 91.70% |
| 3 | Wolf Hill Capital Management, LP | 8.1M | $130.0M | +23.7% | 5.946% | 16.32% |
| 4 | BlackRock, Inc. | 7.5M | $119.8M | +3.2% | 5.481% | 0.00% |
| 5 | SUSQUEHANNA ADVISORS GROUP, INC. | 5.6M | $88.9M | +1.2% | 4.068% | 3.22% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 3.9M | $62.5M | — | 2.860% | 0.00% |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3.3M | $53.3M | +10.2% | 2.437% | 0.01% |
| 8 | UBS Group AG | 2.6M | $42.0M | +31.7% | 1.922% | 0.01% |
| 9 | MILFAM LLC | 2.5M | $40.3M | — | 1.843% | 40.57% |
| 10 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.4M | $37.7M | — | 1.724% | 0.00% |
| 11 | GEODE CAPITAL MANAGEMENT, LLC | 2.3M | $37.5M | +3.3% | 1.717% | 0.00% |
| 12 | STATE STREET CORP | 2.2M | $35.8M | +2.9% | 1.638% | 0.00% |
| 13 | PLUSTICK MANAGEMENT LLC | 1.7M | $27.4M | -17.3% | 1.252% | 13.21% |
| 14 | Empyrean Capital Partners, LP | 1.4M | $22.9M | -24.1% | 1.050% | 0.76% |
| 15 | CITADEL ADVISORS LLC | 1.4M | $22.4M | -42.6% | 1.023% | 0.01% |
| 16 | MILLENNIUM MANAGEMENT LLC | 1.3M | $21.4M | — | 0.981% | 0.01% |
| 17 | Point72 Asset Management, L.P. | 1.2M | $20.0M | +205.8% | 0.913% | 0.03% |
| 18 | GROUP ONE TRADING, L.P. | 1.0M | $16.5M | -51.8% | 0.755% | 0.55% |
| 19 | GOLDMAN SACHS GROUP INC | 802K | $12.8M | -27.2% | 0.588% | 0.00% |
| 20 | NORTHERN TRUST CORP | 794K | $12.7M | +2.9% | 0.582% | 0.00% |
| 21 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 745K | $11.9M | -1.4% | 0.546% | 0.00% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 623K | $10.0M | — | 0.457% | 0.00% |
| 23 | GENERAL AMERICAN INVESTORS CO INC | 620K | $9.9M | -22.5% | 0.455% | 0.65% |
| 24 | BARCLAYS PLC | 568K | $9.1M | +42.7% | 0.416% | 0.00% |
| 25 | Philosophy Capital Management LLC | 550K | $8.8M | -37.4% | 0.403% | 1.01% |
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 NN — a direct measure of their conviction.
Filings activity in NN during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 184 | +2.2% | 47.46% | +2.29 pp | $1.39B | +5.1% |
| Q4 2025 | 180 | +6.5% | 45.17% | +10.33 pp | $1.32B | +30% |
| Q3 2025 | 169 | 4.5% | 34.84% | 1.42 pp | $1.02B | 3.9% |
| Q2 2025 | 177 | +5.4% | 36.26% | +7.55 pp | $1.06B | +26% |
| Q1 2025 | 168 | +12% | 28.71% | 4.72 pp | $842M | 14% |
| Q4 2024 | 150 | +21% | 33.43% | +18.00 pp | $981M | +117% |
| Q3 2024 | 124 | +12% | 15.43% | +0.94 pp | $453M | +6.4% |
| Q2 2024 | 111 | — | 14.49% | — | $425M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NN stock.
Based on Q1 2026 13F filings, institutional ownership of NextNav Inc. stands at 47.5%, held across 184 reporting institutions.
Fortress Investment Group LLC is the largest reported institutional holder of NN, with approximately 14,178,054 shares worth $0.23B as of Q1 2026.
Yes — 5 widely-followed marquee investors appear among the top 25 institutional holders of NN, including SUSQUEHANNA ADVISORS GROUP, INC., SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC, MILLENNIUM MANAGEMENT LLC, Point72 Asset Management, L.P..
Our composite Smart Money Score for NN is 78 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
35 institutions opened new positions in NN during Q1 2026, while 31 fully exited. 56 added to existing positions and 92 trimmed.
NN institutional ownership rose by 2.29 percentage points quarter-over-quarter, with a net change of +4 holders.
The top 10 institutions account for 68.4% of all reported 13F value in NN, and the top 25 account for 88.4%.
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.