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
↑ +13
Streak
5Q ▲
Buyers last Q
73%

Smart Money Signals — NBSD

Based on 67 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added NBSD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
67 hedge funds hold NBSD right now — the highest count in 2.0 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 — +570% more funds vs a year ago

fund count last 6Q
+57 new funds entered over the past year (+570% 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.
🟢

More buyers than sellers — 73% buying

49 buying18 selling
Last quarter: 49 funds were net buyers (19 opened a brand new position + 30 added to an existing one). Only 18 were sellers (12 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~19 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 15 → 23 → 19. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 75% entered in last year

■ 0% conviction (2yr+) ■ 25% medium ■ 75% new
Only 0 funds (0%) 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.
🚀

Acceleration phase — new buyers rushing in

2 → 11 → 15 → 23 → 19 new funds/Q
New funds entering each quarter: 11 → 15 → 23 → 19. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

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
12 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.
6.9
out of 10
Moderate Exit Risk
Exit risk score 6.9/10 — 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 Q1, 49 hedge funds were net buyers of NBSD (19 opened a new position, 30 added to an existing one), while 18 reduced or exited (12 trimmed, 6 sold completely) — a 73% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 68% of total institutional value in NBSD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +13 funds (more new holders than closures). 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

-- --

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

Is It Too Late to Buy Neuberger Berman ETF Trust (NBSD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NBSD has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
NBSD
-0.2%
SPY
+13.9%

NBSD outperformed SPY by -14.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
NBSD
+0.2%
SPY
+0.2%

Since the filing became public, NBSD outperformed SPY by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
2.2
/ 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 Q1) Prior (2025 Q4) Change
Funds Holding 67 54 24.07%
13F Shares 14M 11M 24.34%
Total Value $698M $573M 21.84%
New Positions 19 23 -4
Increased Positions 30 23 +7
Closed Positions 6 1 +5
Reduced Positions 12 8 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NBSD

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Financial Highlights

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Institutional Holders (2026 Q1)

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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rubicon Advisors, GP 5.26% 119,095 $6.0M
2 Francis Financial, Inc. 4.22% 449,307 $22.8M
3 Robinson Smith Wealth Advisors LLC 3.80% 110,652 $5.6M
4 Paulson Wealth Management Inc. 3.37% 283,790 $14.4M
5 Round Rock Advisors LLC 1.93% 248,191 $12.6M
6 Wetzel Investment Advisors, INC. 0.52% 25,565 $1.3M
7 Manchester Financial Inc 0.34% 35,250 $1.8M
8 YHB Investment Advisors, Inc. 0.29% 79,201 $4.0M
9 HighPoint Advisor Group LLC 0.18% 85,922 $4.4M
10 Triumph Capital Management 0.18% 16,977 $861K
11 Integrated Wealth Concepts LLC 0.16% 387,897 $19.7M
12 Clearstead Trust, LLC 0.10% 11,580 $587K
13 Claro Advisors Inc. 0.08% 13,411 $680K
14 Neuberger Berman Group LLC 0.07% 1,899,982 $96.3M
15 Kraft, Davis & Associates, LLC 0.07% 6,411 $325K
16 Harvest Investment Services, LLC 0.06% 6,873 $349K
17 Mutual Advisors, LLC 0.06% 56,885 $2.9M
18 NewEdge Advisors, LLC 0.06% 39,336 $1.3M
19 Kingswood Wealth Advisors, LLC 0.05% 21,180 $1.1M
20 IFG Advisory, LLC 0.05% 341 $17K
21 Angeles Wealth Management, LLC 0.05% 17,293 $877K
22 Steward Partners Investment Advisory, LLC 0.04% 140,907 $7.1M
23 Wealth Enhancement Advisory Services, LLC 0.03% 299,867 $15.2M
24 Cornerstone Wealth Partners, LLC 0.03% 1,004 $51K
25 NWF Advisory Services Inc. 0.02% 4,000 $203K
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?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added NBSD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NBSD?

More buyers than sellers — 73% buying: Last quarter: 49 funds were net buyers (19 opened a brand new position + 30 added to an existing one). Only 18 were sellers (12 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NBSD holders?

Elite ownership — 68% AUM from top-100 funds: 12 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 — 75% entered in last year: Only 0 funds (0%) 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.

Is it too late to buy Neuberger Berman ETF Trust (NBSD) following the 2026 Q1 hedge fund 13F filings?

As of today, NBSD has moved +0.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (March 31, 2026), NBSD has gained -0.2% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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