Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vaneck ETF Trust (NLR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +81
Streak
8Q ▲
Buyers last Q
75%

Smart Money Signals — NLR

Based on 511 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, more hedge funds added NLR 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
511 hedge funds hold NLR 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 — +137% more funds vs a year ago

fund count last 6Q
+295 new funds entered over the past year (+137% 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 — 75% buying

356 buying120 selling
Last quarter: 356 funds were net buyers (116 opened a brand new position + 240 added to an existing one). Only 120 were sellers (85 trimmed + 35 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~116 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 82 → 116 → 113 → 116. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 54% entered in last year

■ 9% conviction (2yr+) ■ 36% medium ■ 54% new
Only 48 funds (9%) 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.
📈

Growing discovery — still being found

72 → 82 → 116 → 113 → 116 new funds/Q
New funds entering each quarter: 82 → 116 → 113 → 116. A growing number of institutions are discovering NLR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 72% of holders entered in last year

■ 12% veterans ■ 16% 1-2yr ■ 72% new
Of 520 current holders: 372 (72%) entered in the past year, only 65 (12%) 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 — 47% AUM from top-100 funds

47% from top-100 AUM funds
29 of 511 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in NLR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.7
out of 10
Moderate Exit Risk
Exit risk score 5.7/10 — 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 — NLR

In 2026 Q1, 356 hedge funds were net buyers of NLR (116 opened a new position, 240 added to an existing one), while 120 reduced or exited (85 trimmed, 35 sold completely) — a 75% buyer ratio, indicating clear institutional accumulation. This marks 8 consecutive quarters of net institutional buying — a persistent conviction signal. 47% of total institutional value in NLR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +81 funds (more new holders than closures). Total institutional holders: 511.

Hedge Fund Ownership: NLR

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

Market Analysis: NLR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NLR

-- --

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

Is It Too Late to Buy Vaneck ETF Trust (NLR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NLR has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 46d ago
NLR
+1.8%
SPY
+4.0%

NLR outperformed SPY by -2.2% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 1d ago
NLR
+0.0%
SPY
+0.0%

Since the filing became public, NLR 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.

21 top-rated funds 7 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
5.0
/ 10
conviction
Hedge Fund Positioning: NLR
2026 Q2 Stats Unlock in 4 days 507 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 507 429 18.18%
13F Shares 16M 13M 25.34%
Total Value $2.02B $1.58B 27.92%
New Positions 114 113 +1
Increased Positions 241 211 +30
Closed Positions 36 40 -4
Reduced Positions 80 59 +21
Total Calls 5 4 25.0%
Total Puts 4 4 -
PUT/CALL Ratio 0.8 1.0 Neutral

Statistics: NLR

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

507 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 NLR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sage Private Wealth Group, LLC 5.68% 108,925 $12.6M
2 Madrid Financial Services 4.13% 67,263 $7.8M
3 Kiker Wealth Management, LLC 4.08% 90,191 $10.5M
4 Tepp RIA, LLC 2.96% 37,666 $4.4M
5 Paller Financial Services Inc 2.88% 33,184 $3.8M
6 Consolidated Capital Management, LLC 2.67% 86,309 $10.0M
7 Rockport Wealth LLC 2.50% 128,374 $14.9M
8 Prism Advisors, Inc. 2.22% 78,730 $9.1M
9 Bucket List Wealth Management, LLC 2.08% 36,346 $4.2M
10 Retirement Management Systems Inc. 1.87% 78,894 $9.2M
11 PCG Wealth Advisors, LLC 1.73% 66,995 $7.8M
12 Echo45 Advisors LLC 1.51% 25,223 $2.9M
13 StoneCrest Wealth Management, Inc. 1.43% 38,626 $4.5M
14 Kozak & Associates, Inc. 1.34% 67,229 $7.7M
15 Cathy Pareto & Associates, Inc 1.27% 18,721 $2.2M
16 Dogwood Wealth Management LLC 1.20% 26,240 $3.0M
17 American Institute for Advanced Investment Management, LLP 1.17% 17,428 $2.0M
18 Schorn Wealth LLC 1.13% 37,198 $4.3M
19 Marshall Investment Management, LLC 1.10% 22,810 $2.6M
20 Theory Financial LLC 0.98% 26,873 $3.1M
21 Destiny Wealth Partners, LLC 0.93% 61,542 $6.6M
22 Stegent Equity Advisors, Inc. 0.88% 10,612 $1.2M
23 AGH Wealth Advisors, LLC 0.84% 11,532 $1.3M
24 LeConte Wealth Management, LLC 0.84% 13,342 $1.5M
25 StoneX Group Inc. 0.83% 177,349 $20.6M
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 — Vaneck ETF Trust (NLR)

What does the Smart Money Trend signal show for NLR?

Buying streak — 8 quarters in a row: For 8 consecutive quarters, more hedge funds added NLR 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 NLR?

More buyers than sellers — 75% buying: Last quarter: 356 funds were net buyers (116 opened a brand new position + 240 added to an existing one). Only 120 were sellers (85 trimmed + 35 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NLR holders?

Elite ownership — 47% AUM from top-100 funds: 29 of 511 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in NLR. 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 NLR?

Mostly new holders — 54% entered in last year: Only 48 funds (9%) 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 Vaneck ETF Trust (NLR) following the 2026 Q2 hedge fund 13F filings?

As of today, NLR has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), NLR has gained +1.8% vs +4.0% 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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