Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in NOG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 16.0M | $291.2M | +2.1% | 14.746% | 0.00% |
| 2 | AMERICAN CENTURY COMPANIES INC | 8.5M | $153.5M | +6.1% | 7.774% | 0.07% |
| 3 | STATE STREET CORP | 7.2M | $133.5M | +9.8% | 6.604% | 0.00% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.9M | $124.5M | +4.2% | 6.305% | 0.01% |
| 5 | Invesco Ltd. | 6.0M | $109.0M | +8.9% | 5.521% | 0.01% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 4.6M | $83.2M | +1.8% | 4.214% | 0.00% |
| 7 | DIMENSIONAL FUND ADVISORS LP | 4.5M | $81.5M | +8.2% | 4.125% | 0.01% |
| 8 | UBS Group AG | 4.0M | $73.3M | -11.1% | 3.714% | 0.01% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 2.7M | $49.2M | +10.9% | 2.491% | 0.00% |
| 10 | MILLENNIUM MANAGEMENT LLC | 2.3M | $41.8M | +327.6% | 2.116% | 0.02% |
| 11 | GOLDMAN SACHS GROUP INC | 1.9M | $35.0M | +38.5% | 1.774% | 0.00% |
| 12 | MORGAN STANLEY | 1.9M | $34.0M | -21.9% | 1.723% | 0.00% |
| 13 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.8M | $33.6M | +9.9% | 1.700% | 0.00% |
| 14 | Hood River Capital Management LLC | 1.5M | $27.8M | -3.4% | 1.410% | 0.20% |
| 15 | FMR LLC | 1.5M | $27.2M | -76.5% | 1.379% | 0.00% |
| 16 | Bank of New York Mellon Corp | 1.5M | $26.8M | +1.0% | 1.356% | 0.00% |
| 17 | DEPRINCE RACE & ZOLLO INC | 1.4M | $25.0M | +17.6% | 1.264% | 0.42% |
| 18 | VOYA INVESTMENT MANAGEMENT LLC | 1.3M | $23.8M | -0.6% | 1.203% | 0.02% |
| 19 | CITADEL ADVISORS LLC | 1.3M | $23.6M | +293.5% | 1.195% | 0.00% |
| 20 | FIRST TRUST ADVISORS LP | 1.3M | $22.7M | +7.2% | 1.150% | 0.01% |
| 21 | Encompass Capital Advisors LLC | 1.3M | $22.7M | — | 1.149% | 0.81% |
| 22 | BANK OF AMERICA CORP /DE/ | 1.1M | $20.7M | -8.4% | 1.049% | 0.00% |
| 23 | VICTORY CAPITAL MANAGEMENT INC | 1.1M | $19.8M | +122.0% | 1.004% | 0.01% |
| 24 | NORTHERN TRUST CORP | 1.0M | $18.7M | +0.8% | 0.948% | 0.00% |
| 25 | BARCLAYS PLC | 977K | $17.7M | +198.5% | 0.898% | 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 NOG — a direct measure of their conviction.
Filings activity in NOG during Q2 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 |
|---|---|---|---|---|---|---|
| Q2 2026 | 341 | 4.2% | 104.11% | 3.36 pp | $2.03B | 39% |
| Q1 2026 | 356 | +13% | 107.47% | 5.47 pp | $3.36B | +40% |
| Q4 2025 | 316 | 11% | 112.94% | 5.43 pp | $2.40B | 18% |
| Q3 2025 | 356 | 3.5% | 118.37% | 22.25 pp | $2.92B | 9.9% |
| Q2 2025 | 369 | +3.4% | 140.62% | +29.16 pp | $3.24B | 2.5% |
| Q1 2025 | 357 | 7.3% | 111.46% | +1.48 pp | $3.32B | 18% |
| Q4 2024 | 385 | +17% | 109.98% | +2.37 pp | $4.05B | +6.9% |
| Q3 2024 | 330 | — | 107.61% | — | $3.78B | — |
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 NOG stock.
Based on Q2 2026 13F filings, institutional ownership of Northern Oil and Gas, Inc. stands at 104.1%, held across 341 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of NOG, with approximately 16,041,709 shares worth $0.29B as of Q2 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of NOG, including MILLENNIUM MANAGEMENT LLC, CITADEL ADVISORS LLC.
Our composite Smart Money Score for NOG is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
51 institutions opened new positions in NOG during Q2 2026, while 71 fully exited. 39 added to existing positions and 241 trimmed.
NOG institutional ownership fell by 3.36 percentage points quarter-over-quarter, with a net change of -15 holders.
The top 10 institutions account for 56.1% of all reported 13F value in NOG, and the top 25 account for 74.7%.
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.
Northern Oil and Gas, Inc. (NOG) Institutional Ownership