Vault-13

NCS MULTISTAGE HLDGS INC NCSM

COM NEW · Common Stock · CUSIP 628877201

29 institutional holders +0 vs Q2 2025
1,862,2121.9m shares reported held*
$95.1mreported value*
5 new 8 added 10 reduced 4 sold out net bought ≈ $1.2m (+23.9k 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 ($960.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.06.

Trends to Q3 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: 29Q2 25: 29Q3 25: 2929Q3 22Q2 23Q1 24Q4 24Q3 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
Q2 202529
Q3 202529

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 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 25Q2 25: 14 bought or addedQ2 25: 14 cut or sold outQ3 25: 13 bought or addedQ3 25: 14 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202384
Q1 202474
Q2 202487
Q3 202483
Q4 2024115
Q1 2025168
Q2 20251414
Q3 20251314

Biggest buyers

UBS Group AG Added +23,457+23.5k
Informed Momentum Co LLC Added +16,177+16.2k
CITADEL ADVISORS LLC New +5,860+5.9k
GSA CAPITAL PARTNERS LLP New +5,803+5.8k
GOLDMAN SACHS GROUP INC New +4,904+4.9k
Bank of New York Mellon Corp New +4,406+4.4k
Heron Bay Capital Management New +4,353+4.4k
BAILARD, INC. Added +1,800+1.8k
VANGUARD GROUP INC Added +1,480+1.5k
DIMENSIONAL FUND ADVISORS LP Added +1,200+1.2k

Biggest sellers

ROYAL BANK OF CANADA Sold out -16,000-16.0k
TOCQUEVILLE ASSET MANAGEMENT L.P. Reduced -11,100-11.1k
Inspire Advisors, LLC Reduced -7,949-7.9k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -2,914-2.9k
Empowered Funds, LLC Reduced -2,914-2.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -2,000-2.0k
ArrowMark Colorado Holdings LLC Reduced -1,929-1.9k
NewEdge Advisors, LLC Reduced -1,088-1.1k
RAYMOND JAMES FINANCIAL INC Sold out -421-421
BlackRock, Inc. Reduced -345-345

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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Advent International, L.P. 1.52% of their portfolio BOSTON, MA 1,478,4261.5m $75.5m $75.5m 1.52% Unchanged
2 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.09% of their portfolio New York, NY 121,602121.6k $6.2m $6.2m 0.09% Reduced -11.1k -11,100
3 ArrowMark Colorado Holdings LLC 0.05% of their portfolio Denver, CO 52,06052.1k $2.7m $2.7m 0.05% Reduced -1.9k -1,929
4 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio HOUSTON, TX 28,81128.8k $1.5m $1.5m 0.03% Reduced -2.9k -2,914
5 Informed Momentum Co LLC 0.15% of their portfolio SOLANA BEACH, CA 25,80225.8k $1.3m $1.3m 0.15% Added +16.2k +16,177
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 23,70323.7k $1.2m $1.2m 0.00% Added +23.5k +23,457
7 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 19,15819.2k $978.2k $978.2k 0.00% Added +1.5k +1,480
8 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 18,81118.8k $960.5k $960.5k 0.01% Reduced -2.9k -2,914
9 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 17,47317.5k $892.2k $892.2k 0.00% Added +1.2k +1,200
10 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 16,17816.2k $826.0k $826.0k 0.00% Added +406 +406
11 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 12,34412.3k $630.3k $630.3k 0.00% Reduced -2.0k -2,000
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 9,7429.7k $497.5k $497.5k 0.00% Added +373 +373
13 BAILARD, INC. 0.01% of their portfolio Foster City, CA 8,6878.7k $443.6k $443.6k 0.01% Added +1.8k +1,800
14 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,0877.1k $361.9k $361.9k 0.00% Reduced -1.1k -1,088
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,9897.0k $356.9k $356.9k 0.00% Reduced -345 -345
16 Inspire Advisors, LLC 0.03% of their portfolio Meridian, ID 6,6216.6k $338.1k $338.1k 0.03% Reduced -7.9k -7,949
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 5,8605.9k $299.2k $299.2k 0.00% New
18 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 5,8035.8k $296.0k $296.0k 0.02% New
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,9044.9k $250.4k $250.4k 0.00% New
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 4,4064.4k $225.0k $225.0k 0.00% New
21 Heron Bay Capital Management 0.04% of their portfolio BLOOMFIELD HILLS, MI 4,3534.4k $222.3k $222.3k 0.04% New
22 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 1,0731.1k $54.0k $54.0k 0.00% Unchanged
23 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 863863 $44.1k $44.1k 0.00% Added +668 +668
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9393 $3.5k $3.5k 0.00% Unchanged
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 8282 $4.2k $4.2k 0.00% Unchanged
26 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 4848 $2.5k $2.5k 0.00% Unchanged
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3838 $1.9k $1.9k 0.00% Reduced -20 -20
28 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 55 $255 $255 0.00% Unchanged
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11 $51 $51 0.00% Reduced -6 -6