| 4 | ARISTEIA CAPITAL, L.L.C. | 578K | $6.0M | 0.0% | 6.031% | 0.08% |
| 5 | AQR Arbitrage LLC | 563K | $5.9M | +0.1% | 5.876% | 0.08% |
| 6 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 427K | $4.6M | -0.1% | 4.458% | 0.22% |
| 7 | WHITEBOX ADVISORS LLC | 390K | $4.1M | 0.0% | 4.069% | 0.05% |
| 8 | TORONTO DOMINION BANK | 353K | $3.7M | -32.7% | 3.686% | 0.00% |
| 9 | Polar Asset Management Partners Inc. | 343K | $3.6M | +18.2% | 3.575% | 0.06% |
| 10 | Westchester Capital Management, LLC | 331K | $3.5M | 0.0% | 3.453% | 0.17% |
| 11 | Hudson Bay Capital Management LP | 290K | $3.1M | 0.0% | 3.025% | 0.01% |
| 12 | D. E. Shaw & Co., Inc. | 280K | $3.0M | 0.0% | 2.921% | 0.00% |
| 13 | SONA ASSET MANAGEMENT (US) LLC | 252K | $2.6M | 0.0% | 2.629% | 0.06% |
| 14 | TWO SIGMA INVESTMENTS, LP | 217K | $2.3M | 0.0% | 2.269% | 0.00% |
| 15 | L1 Global Manager Pty Ltd | 140K | $1.5M | 0.0% | 1.460% | 1.03% |
| 16 | RLH Capital LLC | 124K | $1.3M | — | 1.296% | 0.62% |
| 17 | WOLVERINE ASSET MANAGEMENT LLC | 78K | $813K | +6.5% | 0.812% | 0.01% |
| 18 | Clear Street Group Inc. | 69K | $720K | +142.6% | 0.720% | 0.00% |
| 19 | HEIGHTS CAPITAL MANAGEMENT, INC | 40K | $422K | 0.0% | 0.417% | 0.10% |
| 20 | Centiva Capital, LP | 40K | $422K | 0.0% | 0.417% | 0.00% |
| 21 | MANGROVE PARTNERS IM, LLC | 39K | $409K | 0.0% | 0.409% | 0.03% |
| 22 | PenderFund Capital Management Ltd. | 36K | $376K | — | 0.371% | 0.05% |
| 23 | Radcliffe Capital Management, L.P. | 30K | $316K | 0.0% | 0.316% | 0.02% |
| 24 | Dakota Wealth Management | 23K | $236K | 0.0% | 0.236% | 0.00% |
| 25 | BNP PARIBAS FINANCIAL MARKETS | 18K | $190K | 0.0% | 0.188% | 0.00% |
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 NOEM — a direct measure of their conviction.
| 62.84% |
| — |
| $59M |
| — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
4 institutions opened new positions in NOEM during Q2 2026, while 1 fully exited. 24 added to existing positions and 2 trimmed.
NOEM institutional ownership rose by 0.11 percentage points quarter-over-quarter, with a net change of +4 holders.
The top 10 institutions account for 75.0% of all reported 13F value in NOEM, and the top 25 account for 99.7%.
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.