New Positions
4 managers initiated
Top five by reported value
NCS Multistage Holdings Inc NASDAQ NMS - GLOBAL MARKET:NCSM
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
4 new11 added13 reduced6 exited
Total Institutional Holders
28
as of 2025-12-31
Top Holder
ADVENT INTERNATIONAL CORP/MA
$58.4M
Largest QoQ Increase
Truffle Hound Capital, LLC
+37,020 sh
Largest QoQ Decrease
UBS Group AG
-23,619 sh
New Positions(4)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Truffle Hound Capital, LLC | 37,020 | +37,020 | $1.5M | +$1.5M | — |
| SEI INVESTMENTS CO | 8,919 | +8,919 | $352.2K | +$352.2K | — |
| TUCKER ASSET MANAGEMENT LLC | 855 | +855 | $33.8K | +$33.8K | — |
| Tower Research Capital LLC (TRC) | 129 | +129 | $5.1K | +$5.1K | — |
Added To(11)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 29,853 | +1,042 | $1.2M | -$292.2K | 3.6% |
| Empowered Funds, LLC | 19,853 | +1,042 | $784.0K | -$176.5K | 5.5% |
| CITADEL ADVISORS LLC | 11,984 | +6,124 | $473.2K | +$174.0K | 104.5% |
| VANGUARD GROUP INC | 20,377 | +1,219 | $804.7K | -$173.5K | 6.4% |
| GEODE CAPITAL MANAGEMENT, LLC | 10,153 | +411 | $401.0K | -$96.5K | 4.2% |
| BlackRock, Inc. | 7,073 | +84 | $279.3K | -$77.5K | 1.2% |
| DIMENSIONAL FUND ADVISORS LP | 21,044 | +3,571 | $831.5K | -$60.6K | 20.4% |
| NewEdge Advisors, LLC | 10,383 | +3,296 | $410.0K | +$48.2K | 46.5% |
| ADVISOR GROUP HOLDINGS, INC. | 1,043 | +950 | $41.2K | +$37.6K | 1021.5% |
| PNC Financial Services Group, Inc. | 891 | +28 | $35.2K | -$8.9K | 3.2% |
| MORGAN STANLEY | 44 | +6 | $1.7K | -$202 | 15.8% |
Reduced(13)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| ADVENT INTERNATIONAL CORP/MA | 1,478,426 | 0 | $58.4M | -$17.1M | 0.0% |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | 121,602 | 0 | $4.8M | -$1.4M | 0.0% |
| UBS Group AG | 84 | -23,619 | $3.3K | -$1.2M | -99.6% |
| EAM Investors, LLC | 14,351 | -11,451 | $566.7K | -$750.7K | -44.4% |
| ArrowMark Colorado Holdings LLC | 51,761 | -299 | $2.0M | -$614.1K | -0.6% |
| CAPTRUST FINANCIAL ADVISORS | 15,772 | -406 | $622.8K | -$203.2K | -2.5% |
| RENAISSANCE TECHNOLOGIES LLC | 10,844 | -1,500 | $428.2K | -$202.1K | -12.2% |
| BAILARD, INC. | 8,687 | 0 | $343.1K | -$100.5K | 0.0% |
| BARCLAYS PLC | 82 | 0 | $2.4K | -$1.8K | 0.0% |
| FEDERATED HERMES, INC. | 48 | 0 | $1.9K | -$555 | 0.0% |
| SBI Securities Co., Ltd. | 5 | 0 | $197 | -$58 | 0.0% |
| BANK OF AMERICA CORP /DE/ | 1 | 0 | $39 | -$12 | 0.0% |
| ACADIAN ASSET MANAGEMENT LLC | 1,073 | 0 | $42 | -$12 | 0.0% |
Sold Out(6)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Royal Bank of Canada | 0 | -16,000 | $0 | -$516.0K | — |
| Inspire Advisors, LLC | 0 | -6,621 | $0 | -$338.1K | — |
| GOLDMAN SACHS GROUP INC | 0 | -4,904 | $0 | -$250.4K | — |
| Bank of New York Mellon Corp | 0 | -4,406 | $0 | -$225.0K | — |
| Heron Bay Capital Management | 0 | -4,353 | $0 | -$222.3K | — |
| GSA CAPITAL PARTNERS LLP | 0 | -5,803 | $0 | -$296 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| ADVENT INTERNATIONAL CORP/MA | 1,478,426 | $58.4M | 0 | 0.0% |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | 121,602 | $4.8M | 0 | 0.0% |
| ArrowMark Colorado Holdings LLC | 51,761 | $2.0M | -299 | -0.6% |
| Truffle Hound Capital, LLC | 37,020 | $1.5M | +37,020 | — |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 29,853 | $1.2M | +1,042 | 3.6% |
| DIMENSIONAL FUND ADVISORS LP | 21,044 | $831.5K | +3,571 | 20.4% |
| VANGUARD GROUP INC | 20,377 | $804.7K | +1,219 | 6.4% |
| Empowered Funds, LLC | 19,853 | $784.0K | +1,042 | 5.5% |
| CAPTRUST FINANCIAL ADVISORS | 15,772 | $622.8K | -406 | -2.5% |
| EAM Investors, LLC | 14,351 | $566.7K | -11,451 | -44.4% |
| CITADEL ADVISORS LLC | 11,984 | $473.2K | +6,124 | 104.5% |
| RENAISSANCE TECHNOLOGIES LLC | 10,844 | $428.2K | -1,500 | -12.2% |
| NewEdge Advisors, LLC | 10,383 | $410.0K | +3,296 | 46.5% |
| GEODE CAPITAL MANAGEMENT, LLC | 10,153 | $401.0K | +411 | 4.2% |
| SEI INVESTMENTS CO | 8,919 | $352.2K | +8,919 | — |
| BAILARD, INC. | 8,687 | $343.1K | 0 | 0.0% |
| BlackRock, Inc. | 7,073 | $279.3K | +84 | 1.2% |
| ADVISOR GROUP HOLDINGS, INC. | 1,043 | $41.2K | +950 | 1021.5% |
| PNC Financial Services Group, Inc. | 891 | $35.2K | +28 | 3.2% |
| TUCKER ASSET MANAGEMENT LLC | 855 | $33.8K | +855 | — |
New & Closed Positions this quarter
Closed Positions
6 managers exited
Top five by prior-quarter value
- Royal Bank of Canada$516.0K
- Inspire Advisors, LLC$338.1K
- GOLDMAN SACHS GROUP INC$250.4K
- Bank of New York Mellon Corp$225.0K
- Heron Bay Capital Management$222.3K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for NCSM against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.