NCS MULTISTAGE HLDGS INC NCSM
COM NEW · Common Stock · CUSIP 628877201
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($270.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.73.
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 17 |
| Q4 2022 | 22 |
| Q1 2023 | 19 |
| Q2 2023 | 16 |
| Q3 2023 | 16 |
| Q4 2023 | 17 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 11 | 4 |
| Q1 2023 | 8 | 6 |
| Q2 2023 | 5 | 7 |
| Q3 2023 | 5 | 4 |
| Q4 2023 | 8 | 4 |
Biggest buyers
| TOCQUEVILLE ASSET MANAGEMENT L.P. | Added | +20.4k |
| DIMENSIONAL FUND ADVISORS LP | New | +11.3k |
| VANGUARD GROUP INC | Added | +1.5k |
| Empowered Funds, LLC | Added | +1.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +1.3k |
| MORGAN STANLEY | Added | +759 |
| UBS Group AG | Added | +2 |
| JPMORGAN CHASE & CO | Added | +1 |
Biggest sellers
| ArrowMark Colorado Holdings LLC | Reduced | -259 |
| BlackRock Inc. | Reduced | -18 |
| Tower Research Capital LLC (TRC) | Reduced | -8 |
| Coppell Advisory Solutions LLC | Reduced | -1 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: ADVENT INTERNATIONAL, L.P. (0.0%, 2026-09-01), TOCQUEVILLE ASSET MANAGEMENT L.P. (4.8%, 2025-11-14)
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| Advent International, L.P. 0.35% of their portfolio | 1.5m $26.4m | Unchanged |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.04% of their portfolio | 131.5k $2.2m | Added +20.4k |
| ArrowMark Colorado Holdings LLC 0.01% of their portfolio | 70.5k $1.2m | Reduced -259 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 26.8k $460.8k | Added +1.3k |
| Empowered Funds, LLC 0.01% of their portfolio | 15.7k $270.7k | Added +1.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 12.4k $211.3k | Added +1.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 11.3k $195.3k | New |
| BlackRock Inc. 0.00% of their portfolio | 7.0k $119.2k | Reduced -18 |
| MORGAN STANLEY 0.00% of their portfolio | 1.4k $23.2k | Added +759 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 1.1k $18.0k | Unchanged |
| TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio | 855 $14.6k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 687 $11.7k | Reduced -8 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 5 $89 | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3 $51 | Added +2 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2 $34 | Added +1 |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 2 $34 | Reduced -1 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |