Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Neuberger Berman ETF Trust (NBSD)

67 + Investors. Track Smart Money conviction in NBSD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
55%

Smart Money Signals — NBSD

Based on 67 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
67 hedge funds hold NBSD right now — the highest count in 2.2 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +219% more funds vs a year ago

fund count last 6Q
+46 new funds entered over the past year (+219% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

41 buying34 selling
Last quarter: 41 funds bought or added vs 34 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 15 → 23 → 19 → 11. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 57% entered in last year

■ 7% conviction (2yr+) ■ 36% medium ■ 57% new
Only 5 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📊

Peak discovery — momentum slowing

12 → 15 → 23 → 19 → 11 new funds/Q
New funds entering each quarter: 15 → 23 → 19 → 11. NBSD is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 84% of holders entered in last year

■ 0% veterans ■ 16% 1-2yr ■ 84% new
Of 67 current holders: 56 (84%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
15 of 67 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in NBSD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.1
out of 10
Moderate Exit Risk
Exit risk score 6.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NBSD

In 2026 Q2, 41 hedge funds were net buyers of NBSD (11 opened a new position, 30 added to an existing one), while 34 reduced or exited (23 trimmed, 11 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 68% of total institutional value in NBSD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 67.

Hedge Fund Ownership: NBSD

How many hedge funds hold NBSD — quarterly history vs. share price
Quarterly hedge fund ownership of NBSD vs. share price

Market Analysis: NBSD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NBSD

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: NBSD
67 + Investors

Track Smart Money conviction in NBSD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 67 67 -
13F Shares 18M 14M 27.19%
Total Value $888M $698M 27.08%
New Positions 11 19 -8
Increased Positions 30 30 -
Closed Positions 11 7 +4
Reduced Positions 23 12 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NBSD

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Institutional Holders (2026 Q2)

67 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NBSD. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NBSD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Francis Financial, Inc. 4.08% 493,314 $24.9M
2 Robinson Smith Wealth Advisors LLC 3.13% 103,592 $5.2M
3 Rubicon Advisors, GP 1.75% 47,512 $2.4M
4 Round Rock Advisors LLC 1.68% 257,509 $13.0M
5 Convergence Financial, LLC 0.54% 135,405 $6.8M
6 Wetzel Investment Advisors, INC. 0.34% 19,484 $984K
7 Main Street Financial Solutions, LLC 0.33% 89,684 $4.5M
8 Manchester Financial Inc 0.30% 33,627 $1.7M
9 YHB Investment Advisors, Inc. 0.29% 89,929 $4.5M
10 Triumph Capital Management 0.18% 20,148 $1.0M
11 Integrated Wealth Concepts LLC 0.17% 699,145 $35.3M
12 Harvest Investment Services, LLC 0.15% 19,004 $960K
13 HighPoint Advisor Group LLC 0.14% 78,269 $4.0M
14 Kraft, Davis & Associates, LLC 0.12% 11,387 $575K
15 Clearstead Trust, LLC 0.11% 16,504 $834K
16 J.W. Cole Advisors, INC. 0.07% 83,024 $4.2M
17 Claro Advisors Inc. 0.07% 13,497 $682K
18 Paulson Wealth Management Inc. 0.07% 6,462 $326K
19 Neuberger Berman Group LLC 0.06% 1,893,567 $95.6M
20 Mutual Advisors, LLC 0.06% 60,608 $3.1M
21 Raymond James Financial Inc 0.03% 1,953,682 $98.7M
22 Wealth Enhancement Advisory Services, LLC 0.03% 298,048 $15.1M
23 LPL Financial LLC 0.02% 2,057,290 $103.9M
24 Kingswood Wealth Advisors, LLC 0.02% 11,118 $562K
25 Steward Partners Investment Advisory, LLC 0.02% 76,297 $3.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Neuberger Berman ETF Trust (NBSD)

What does the Smart Money Trend signal show for NBSD?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for NBSD?

Slight buying edge — 55% buying: Last quarter: 41 funds bought or added vs 34 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NBSD holders?

Elite ownership — 68% AUM from top-100 funds: 15 of 67 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in NBSD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NBSD?

Mostly new holders — 57% entered in last year: Only 5 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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