NATURAL ALTERNATIVES INTL IN NAII
COM NEW · Common Stock · CUSIP 638842302
Company which manufactures the nutritional supplement Juice Plus
- SectorHealth care
- IndustryMedicinal Chemicals & Botanical Products
- HeadquartersCarlsbad, CA
- Founded1980
- Websitenai-online.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 ($137.5k this quarter). Holder counts are more reliable. Shares outstanding: 3.3m as of 2024-05-14, 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 ≈ $6.02.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 23 |
| Q4 2022 | 24 |
| Q1 2023 | 23 |
| Q2 2023 | 26 |
| Q3 2023 | 25 |
| Q4 2023 | 27 |
| Q1 2024 | 24 |
| Q2 2024 | 28 |
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 | 5 | 4 |
| Q1 2023 | 3 | 9 |
| Q2 2023 | 10 | 6 |
| Q3 2023 | 7 | 11 |
| Q4 2023 | 10 | 6 |
| Q1 2024 | 6 | 10 |
| Q2 2024 | 6 | 14 |
Biggest buyers
| GEODE CAPITAL MANAGEMENT, LLC | Added | +2.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +1.6k |
| UBS Group AG | New | +562 |
| Capital Advisors, Ltd. LLC | New | +82 |
| BANK OF AMERICA CORP /DE/ | New | +41 |
| INNEALTA CAPITAL, LLC | New | +14 |
Biggest sellers
| MORGAN STANLEY | Reduced | -347.3k |
| CALDWELL SUTTER CAPITAL, INC. | Reduced | -32.2k |
| Empowered Funds, LLC | Reduced | -19.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -7.4k |
| LIBERTY WEALTH MANAGEMENT LLC | Reduced | -4.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -4.4k |
| ROYAL BANK OF CANADA | Reduced | -4.3k |
| NORTHERN TRUST CORP | Reduced | -1.3k |
| BlackRock Inc. | Reduced | -840 |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -759 |
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.
| Holder | Stake |
|---|---|
| CALDWELL SUTTER CAPITAL, INC. 13G · institution filed 2025-02-11 | 7.8% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-01-21 | 6.2% |
Insider purchases and sales in Q2 2024
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.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 427.0k $2.6m | Reduced -7.4k |
| CALDWELL SUTTER CAPITAL, INC. 1.23% of their portfolio | 412.2k $2.5m | Reduced -32.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 328.9k $2.0m | Reduced -4.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 243.1k $1.5m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 174.8k $1.1m | Reduced -347.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 124.9k $751.6k | Added +1.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 42.1k $253.8k | Added +2.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 24.6k $148.1k | Reduced -1.3k |
| Empowered Funds, LLC 0.00% of their portfolio | 22.8k $137.5k | Reduced -19.6k |
| Cutter & CO Brokerage, Inc. 0.02% of their portfolio | 16.7k $100.6k | Reduced -22 |
| LIBERTY WEALTH MANAGEMENT LLC 0.10% of their portfolio | 14.0k $84.0k | Reduced -4.5k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 12.0k $72.2k | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 11.7k $70.2k | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 10.9k $65.7k | Reduced -840 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.8k $65.0k | Reduced -4.3k |
| JAMES INVESTMENT RESEARCH, INC. 0.01% of their portfolio | 10.0k $60.3k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 10.0k $60.3k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 1.5k $8.0k | Reduced -759 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.0k $6.2k | Reduced -734 |
| UBS Group AG 0.00% of their portfolio | 562 $3.4k | New |
| Capital Advisors, Ltd. LLC 0.00% of their portfolio | 82 $0 | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 41 $247 | New |
| Signature Resources Capital Management, LLC 0.00% of their portfolio | 35 $211 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 20 $120 | Reduced -4 |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 14 $84 | New |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 3 $18 | First filing |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $6 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |