NAII β€” NATURAL ALTERNATIVES INTL IN COM NEW

Ownership history in BRIDGEWAY CAPITAL MANAGEMENT, LLC  Β·  62 quarters on record

This page tracks every 13F SEC filing in which BRIDGEWAY CAPITAL MANAGEMENT, LLC reported a position in NATURAL ALTERNATIVES INTL IN COM NEW (NAII). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.03% (2021 Q2)
πŸ“Š Avg. % of fund
0.01%
πŸ“… First filed
2010 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
62

Position Intelligence

BRIDGEWAY CAPITAL MANAGEMENT, LLC Γ— NAII AI Analytics

πŸ“‰ BRIDGEWAY CAPITAL MANAGEMENT, LLC underperformed the S&P 500 by –50.3% annually on this NAII position. Timing score: 47% (14/30 decisions correct). Average cost basis: $10.86. Maximum drawdown during holding period: –83.1%.

πŸ“ˆ Position Alpha vs SPY
-50.3%
annualised excess return

❌ Significantly underperformed the S&P 500 by 50.3% ann.
11 quarters analyzed

⏱️ Timing Score
47%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
14 of 30 add/trim decisions correct

πŸ’° Entry Quality
$10.86
-67.0% vs current ($3.58)

Best entry: $2.85 (2025 Q3)  Β·  Worst: $15.36 (2021 Q1)

πŸ›‘οΈ Drawdown Resilience
–83.1%
max drawdown while held

πŸ’ͺ Held through 4 major drawdowns (>20%). Diamond-hands conviction.

πŸ’ͺ Fund Conviction
65%
buy-side decisions

20 adds Β· 11 trims. Bought during 12 of 36 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.01% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    NAII price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 74,452 -37,000 -33.2% 0.01% $267K $3.58
2025 Q3 ADDED 111,452 +174 +0.2% 0.01% $323K $2.85
2025 Q2 REDUCED 111,278 -8,968 -7.5% 0.01% $365K $3.28
2025 Q1 ADDED 120,246 +32 +0.0% 0.01% $414K $3.44
2024 Q4 REDUCED 120,214 -5,850 -4.6% 0.01% $516K $4.31
2024 Q3 ADDED 126,064 +1,206 +1.0% 0.02% $722K $5.73
2024 Q2 ADDED 124,858 +1,620 +1.3% 0.02% $752K $6.02
2024 Q1 ADDED 123,238 +1,575 +1.3% 0.02% $751K $6.09
2023 Q4 ADDED 121,663 +1,728 +1.4% 0.02% $781K $6.53
2023 Q3 ADDED 119,935 +1,422 +1.2% 0.02% $778K $6.49
52 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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