NATIONAL BEVERAGE CORP FIZZ
COM · Common Stock · CUSIP 635017106 · ISIN US6350171061
American beverage company
- SectorConsumer staples
- IndustryBottled & Canned Soft Drinks & Carbonated Waters
- HeadquartersFt. Lauderdale, FL
- Founded1985
- Websitenbcfiz.com
- FilingsSEC EDGAR
* 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 ($502.2k this quarter). Holder counts are more reliable. Shares outstanding: 93.6m as of 2026-06-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $31.22. Options: 2 managers hold calls ($464.9k notional), 2 hold puts ($287.0k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 177 |
| Q4 2022 | 203 |
| Q1 2023 | 190 |
| Q2 2023 | 207 |
| Q3 2023 | 210 |
| Q4 2023 | 210 |
| Q1 2024 | 215 |
| Q2 2024 | 220 |
| Q3 2024 | 231 |
| Q4 2024 | 222 |
| Q1 2025 | 239 |
| Q2 2025 | 234 |
| Q3 2025 | 236 |
| Q4 2025 | 231 |
| Q1 2026 | 242 |
| Q2 2026 | 258 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 115 | 93 |
| Q4 2024 | 97 | 102 |
| Q1 2025 | 117 | 103 |
| Q2 2025 | 120 | 97 |
| Q3 2025 | 108 | 109 |
| Q4 2025 | 119 | 112 |
| Q1 2026 | 133 | 96 |
| Q2 2026 | 148 | 97 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.7m | $583.2k | 0.34 |
| Q4 2025 | $835.5k | $220.0k | 0.26 |
| Q1 2026 | $2.3m | $309.6k | 0.13 |
| Q2 2026 | $464.9k | $287.0k | 0.62 |
Biggest buyers
| BlackRock, Inc. | Added | +183.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +173.3k |
| Creative Planning | Added | +102.7k |
| ALGERT GLOBAL LLC | Added | +96.5k |
| STATE STREET CORP | Added | +69.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +67.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +65.3k |
| Jump Financial, LLC | New | +65.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +58.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +57.6k |
Biggest sellers
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -301.0k |
| CITADEL ADVISORS LLC | Sold out | -151.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -106.9k |
| Qube Research & Technologies Ltd | Reduced | -65.4k |
| Assenagon Asset Management S.A. | Sold out | -62.8k |
| Collaborative Fund Advisors, LLC | Sold out | -56.9k |
| HRT FINANCIAL LP | Sold out | -53.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Sold out | -51.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -40.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -39.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $455.5k14.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.4k300 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $224.6k7.2k shares |
| SIMPLEX TRADING, LLC | Added | $62.4k2.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $634.0k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $347.2k | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 1 | $7.9k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-20 | Waldman Glenn J. Director | Bought | $7.9k250 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 4.3m $133.1m | Added +183.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.12% of their portfolio | 2.8m $88.6m | Reduced -106.9k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 2.0m $63.6m | Reduced -301.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.6m $51.2m | Added +57.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.6m $49.1m | Reduced -31.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.1m $32.8m | Added +7.3k |
| STATE STREET CORP 0.00% of their portfolio | 972.5k $30.3m | Added +69.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 907.1k $28.3m | Added +58.6k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 663.8k $20.7m | Added +67.2k |
| MORGAN STANLEY 0.00% of their portfolio | 519.2k $16.2m | Added +9.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 498.5k $15.6m | Reduced -39.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 301.3k $9.4m | Added +14.3k |
| ALGERT GLOBAL LLC 0.10% of their portfolio | 273.8k $8.5m | Added +96.5k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 269.8k $8.8m | Added +15.2k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 269.3k $8.4m | Added +9.0k |
| NORGES BANK 0.00% of their portfolio | 266.0k $8.3m | Not comparable |
| Creative Planning 0.00% of their portfolio | 263.7k $8.2m | Added +102.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 254.7k $7.9m | Added +10.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 245.2k $7.6m | Added +173.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 235.8k $7.4m | Added +17.2k |
| DENALI ADVISORS LLC 0.70% of their portfolio | 223.1k $7.0m | Reduced -13.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 200.1k $6.2m | Added +2.9k |
| Invesco Ltd. 0.00% of their portfolio | 189.8k $5.9m | Reduced -1.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 178.6k $5.6m | Added +7.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 167.3k $5.2m | Added +3.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 165.2k $5.2m | Added +4.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 164.4k $5.1m | Reduced -2.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 137.9k $4.3m | Added +57.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 132.7k $4.1m | Added +65.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 125.2k $3.9m | Reduced -3.7k |
| UBS Group AG 0.00% of their portfolio | 123.3k $3.8m | Reduced -9.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 117.0k $3.7m | Reduced -24.3k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.23% of their portfolio | 115.3k $3.6m | Added +55.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 114.4k $3.6m | Reduced -129 |
| GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio | 106.1k $3.3m | Reduced -1.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 80.6k $2.5m | Added +56.2k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 80.3k $2.5m | Reduced -3.4k |
| FMR LLC 0.00% of their portfolio | 78.0k $2.4m | Reduced -11.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 73.0k $2.3m | Added +3.1k |
| Nuveen, LLC 0.00% of their portfolio | 72.6k $2.3m | Added +17.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 71.1k $2.2m | Reduced -7.4k |
| Quantinno Capital Management LP 0.00% of their portfolio | 67.0k $2.1m | Added +39.5k |
| Jump Financial, LLC 0.02% of their portfolio | 65.0k $2.0m | New |
| Tidal Investments LLC 0.00% of their portfolio | 61.7k $1.9m | Added +14.5k |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 61.5k $1.9m | Added +891 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 57.7k $1.8m | Reduced -6.6k |
| Corient Private Wealth LP 0.00% of their portfolio | 57.6k $1.8m | Added +24.4k |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 57.2k $1.8m | Added +32.8k |
| Values First Advisors, Inc. 0.80% of their portfolio | 56.0k $1.7m | Added +18.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 52.7k $1.7m | Reduced -2.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 51.8k $1.6m | Added +5.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 51.6k $1.6m | Reduced -4.5k |
| Legal & General Group Plc 0.00% of their portfolio | 51.5k $1.6m | Added +2.5k |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 50.4k $1.6m | New |
| KBC Group NV 0.00% of their portfolio | 46.9k $1.5m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 46.9k $1.5m | Reduced -8.5k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.08% of their portfolio | 46.1k $1.4m | Added +13.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 46.1k $1.4m | Added +1.6k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 44.8k $1.4m | Reduced -65.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 44.0k $1.4m | Added +5.1k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 44.0k $1.4m | Added +2.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 43.3k $1.4m | New |
| Engineers Gate Manager LP 0.02% of their portfolio | 43.0k $1.3m | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 41.9k $1.3m | New |
| Numerai GP LLC 0.10% of their portfolio | 37.7k $1.2m | New |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 37.2k $1.2m | Added +8.1k |
| Trexquant Investment LP 0.01% of their portfolio | 36.8k $1.1m | Added +4.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 35.9k $1.1m | Added +4.5k |
| SG Americas Securities, LLC 0.00% of their portfolio | 35.8k $1.1m | Reduced -34.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 32.9k $1.0m | Added +4.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 29.0k $905.6k | Added +2.0k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 26.0k $811.8k | Reduced -709 |
| HighTower Advisors, LLC 0.00% of their portfolio | 25.4k $792.1k | Added +557 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 24.7k $770.2k | Added +320 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 24.6k $767.5k | Reduced -751 |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 24.1k $752.5k | Added +7.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 24.1k $809.8k | Reduced -164 |
| Gotham Asset Management, LLC 0.00% of their portfolio | 23.5k $733.6k | Added +940 |
| WESBANCO BANK INC 0.02% of their portfolio | 23.0k $717.6k | New |
| ALLSTATE CORP 0.01% of their portfolio | 22.6k $704.2k | Unchanged |
| J.W. COLE ADVISORS, INC. 0.01% of their portfolio | 22.5k $702.4k | New |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 22.2k $692.0k | New |
| Horizon Investments, LLC 0.01% of their portfolio | 21.9k $618.2k | New |
| Man Group plc 0.00% of their portfolio | 21.6k $674.5k | Added +2.4k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 21.3k $665.5k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 21.0k $655.0k | Added +1.6k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 20.9k $650.7k | New |
| BARCLAYS PLC 0.00% of their portfolio | 20.7k $645.7k | Added +1.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 19.4k $605.7k | Reduced -5.2k |
| Vident Advisory, LLC 0.00% of their portfolio | 19.2k $597.6k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.7k $551.4k | Added +8.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 17.1k $533.0k | Reduced -1.7k |
| CITIGROUP INC 0.00% of their portfolio | 16.9k $526.1k | Added +9.0k |
| XTX Topco Ltd 0.01% of their portfolio | 16.4k $510.6k | Added +7.2k |
| WINTON GROUP Ltd 0.02% of their portfolio | 15.7k $490.2k | Added +7.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 15.4k $480.0k | Reduced -254 |
| Vise Technologies, Inc. 0.01% of their portfolio | 14.9k $464.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 14.7k $459.0k | Reduced -1.8k |
| LPL Financial LLC 0.00% of their portfolio | 14.4k $450.1k | Reduced -58 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 14.2k $441.8k | Added +195 |