Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Neuberger Berman ETF Trust (NBCM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
3Q ▲
Buyers last Q
65%

Smart Money Signals — NBCM

Based on 25 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NBCM 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
25 hedge funds hold NBCM right now — the highest count in 3.0 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 — +39% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+39% 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 — 65% buying

17 buying9 selling
Last quarter: 17 funds were net buyers (7 opened a brand new position + 10 added to an existing one). Only 9 were sellers (5 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 4 → 7 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 36% long-term, 48% new

■ 36% conviction (2yr+) ■ 16% medium ■ 48% new
Of the 25 current holders: 9 (36%) held >2 years, 4 held 1–2 years, and 12 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +27% but shares only +4% — price-driven

Value
+27%
Shares
+4%
Last quarter: the total dollar value of institutional holdings rose +27%, but actual share count only changed +4%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~7 new funds/quarter

7 → 2 → 4 → 7 → 7 new funds/Q
New funds entering each quarter: 2 → 4 → 7 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 56% of holders entered in last year

■ 44% veterans ■ 0% 1-2yr ■ 56% new
Of 25 current holders: 14 (56%) entered in the past year, only 11 (44%) 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 — 58% AUM from top-100 funds

58% from top-100 AUM funds
7 of 25 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in NBCM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.2
out of 10
Moderate Exit Risk
Exit risk score 5.2/10 — 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 — NBCM

In 2026 Q1, 17 hedge funds were net buyers of NBCM (7 opened a new position, 10 added to an existing one), while 9 reduced or exited (5 trimmed, 4 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 58% of total institutional value in NBCM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 25.

Hedge Fund Ownership: NBCM

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

Market Analysis: NBCM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NBCM

-- --

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

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

Signal Freshness measures how much NBCM 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 · 89d ago
NBCM
-5.2%
SPY
+12.4%

NBCM outperformed SPY by -17.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 44d ago
NBCM
-11.6%
SPY
-1.1%

Since the filing became public, NBCM outperformed SPY by -10.5% .

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 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: NBCM
25 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 25 22 13.64%
13F Shares 10M 9M 4.38%
Total Value $271M $213M 27.09%
New Positions 7 7 -
Increased Positions 10 11 -1
Closed Positions 4 0 +4
Reduced Positions 5 2 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NBCM

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Financial Highlights

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Institutional Holders (2026 Q1)

25 + investors

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

QUARTER:
Top 24 NBCM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 IAG Wealth Partners, LLC 0.38% 121,157 $3.4M
2 Wealth Enhancement Advisory Services, LLC 0.19% 3,344,383 $94.0M
3 Neuberger Berman Group LLC 0.08% 3,913,773 $109.7M
4 Brookwood Investment Group LLC 0.06% 17,394 $488K
5 Wealth Enhancement Trust Services, Inc. 0.04% 11,051 $310K
6 Consultiva Wealth Management, CORP. 0.03% 425 $12K
7 Private Advisor Group, LLC 0.03% 212,233 $5.9M
8 Northwestern Mutual Wealth Management Co 0.02% 1,371,813 $38.5M
9 World Investment Advisors 0.02% 50,371 $1.4M
10 NorthCrest Asset Manangement, LLC 0.02% 17,448 $493K
11 Vise Technologies, Inc. 0.01% 18,156 $411K
12 Stifel Financial Corp 0.00% 147,680 $4.1M
13 Regions Financial Corp 0.00% 9,505 $248K
14 Golden State Wealth Management, LLC 0.00% 503 $14K
15 LPL Financial LLC 0.00% 179,038 $5.0M
16 Osaic Holdings, INC. 0.00% 27,031 $758K
17 Raymond James Financial Inc 0.00% 77,896 $2.2M
18 Nbc Securities, INC. 0.00% 221 $6K
19 Susquehanna International Group, LLP 0.00% 126,777 $3.6M
20 Bank of America Corp /de/ 0.00% 13,688 $384K
21 Royal Bank of Canada 0.00% 1,888 $53K
22 Aptus Capital Advisors, LLC 0.00% 36 $1K
23 Morgan Stanley 0.00% 1,217 $34K
24 Farther Finance Advisors, LLC 0.00% 1 —
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 (NBCM)

What does the Smart Money Trend signal show for NBCM?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NBCM 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 NBCM?

More buyers than sellers — 65% buying: Last quarter: 17 funds were net buyers (7 opened a brand new position + 10 added to an existing one). Only 9 were sellers (5 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NBCM holders?

Elite ownership — 58% AUM from top-100 funds: 7 of 25 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in NBCM. 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 NBCM?

Mixed — 36% long-term, 48% new: Of the 25 current holders: 9 (36%) held >2 years, 4 held 1–2 years, and 12 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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

As of today, NBCM has moved -11.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the SPY sector ETF — an outperformance of -10.5%. Since the quarter end (March 31, 2026), NBCM has gained -5.2% vs +12.4% 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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