Vault-13

NCS MULTISTAGE HLDGS INC NCSM

COM NEW · Common Stock · CUSIP 628877201

29 institutional holders +5 vs Q4 2024
1,836,2271.8m shares reported held*
$64.2mreported value*
7 new 9 added 6 reduced 2 sold out net bought ≈ $1.7m (+47.7k shares)

* 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 ($751.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.99.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 17Q4 22: 22Q1 23: 19Q2 23: 16Q3 23: 16Q4 23: 17Q1 24: 16Q2 24: 19Q3 24: 21Q4 24: 24Q1 25: 2929Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202217
Q4 202222
Q1 202319
Q2 202316
Q3 202316
Q4 202317
Q1 202416
Q2 202419
Q3 202421
Q4 202424
Q1 202529

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q2 23: 5 bought or addedQ2 23: 7 cut or sold outQ3 23: 5 bought or addedQ3 23: 4 cut or sold outQ3 23Q4 23: 8 bought or addedQ4 23: 4 cut or sold outQ1 24: 7 bought or addedQ1 24: 4 cut or sold outQ1 24Q2 24: 8 bought or addedQ2 24: 7 cut or sold outQ3 24: 8 bought or addedQ3 24: 3 cut or sold outQ3 24Q4 24: 11 bought or addedQ4 24: 5 cut or sold outQ1 25: 16 bought or addedQ1 25: 8 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202357
Q3 202354
Q4 202384
Q1 202474
Q2 202487
Q3 202483
Q4 2024115
Q1 2025168

Biggest buyers

Informed Momentum Co LLC New +18,172+18.2k
CITADEL ADVISORS LLC New +10,346+10.3k
BAILARD, INC. New +7,107+7.1k
Heron Bay Capital Management New +5,834+5.8k
VANGUARD GROUP INC Added +2,117+2.1k
RENAISSANCE TECHNOLOGIES LLC Added +1,800+1.8k
Empowered Funds, LLC Added +1,455+1.5k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Added +1,455+1.5k
DIMENSIONAL FUND ADVISORS LP Added +1,399+1.4k
GEODE CAPITAL MANAGEMENT, LLC Added +335+335

Biggest sellers

ArrowMark Colorado Holdings LLC Reduced -1,093-1.1k
TUCKER ASSET MANAGEMENT LLC Sold out -855-855
PNC Financial Services Group, Inc. Reduced -435-435
MORGAN STANLEY Reduced -191-191
NewEdge Advisors, LLC Reduced -67-67
BlackRock, Inc. Reduced -36-36
Coppell Advisory Solutions LLC Sold out -2-2
ROYAL BANK OF CANADA Reduced -2-2

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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Advent International, L.P. 1.64% of their portfolio BOSTON, MA 1,478,4261.5m $51.7m $51.7m 1.64% Unchanged
2 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.08% of their portfolio New York, NY 142,702142.7k $5.0m $5.0m 0.08% Unchanged
3 ArrowMark Colorado Holdings LLC 0.03% of their portfolio Denver, CO 56,72856.7k $2.0m $2.0m 0.03% Reduced -1.1k -1,093
4 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio HOUSTON, TX 31,48931.5k $1.1m $1.1m 0.03% Added +1.5k +1,455
5 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 21,48921.5k $751.9k $751.9k 0.01% Added +1.5k +1,455
6 Informed Momentum Co LLC 0.11% of their portfolio SOLANA BEACH, CA 18,17218.2k $635.8k $635.8k 0.11% New
7 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 15,73615.7k $550.6k $550.6k 0.00% Unchanged
8 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 15,07815.1k $527.6k $527.6k 0.00% Added +1.4k +1,399
9 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 13,47813.5k $471.6k $471.6k 0.00% Added +2.1k +2,117
10 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 11,84411.8k $414.4k $414.4k 0.00% Added +1.8k +1,800
11 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,34610.3k $362.0k $362.0k 0.00% New
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 9,8649.9k $345.2k $345.2k 0.00% Added +335 +335
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,0008.0k $280.0k $280.0k 0.00% Reduced -2 -2
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 7,2707.3k $254.4k $254.4k 0.00% Reduced -36 -36
15 BAILARD, INC. 0.01% of their portfolio Foster City, CA 7,1077.1k $248.7k $248.7k 0.01% New
16 Heron Bay Capital Management 0.04% of their portfolio BLOOMFIELD HILLS, MI 5,8345.8k $204.1k $204.1k 0.04% New
17 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,3002.3k $80.5k $80.5k 0.00% Reduced -435 -435
18 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 1,0731.1k $37.0k $37.0k 0.00% Unchanged
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 223223 $7.8k $7.8k 0.00% New
20 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 211211 $7.4k $7.4k 0.00% Reduced -67 -67
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 136136 $4.8k $4.8k 0.00% Added +130 +130
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7171 $2.5k $2.5k 0.00% Reduced -191 -191
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 5454 $1.9k $1.9k 0.00% Added +3 +3
24 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 4848 $1.7k $1.7k 0.00% Added +28 +28
25 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2424 $840 $840 0.00% First filing
26 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 88 $280 $280 0.00% New
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 33 $105 $105 0.00% New
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 22 $70 $70 0.00% Unchanged
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged