NORTHERN LTS FD TR II ESN
ESSENTIAL 40 STO · ETP · CUSIP 664925708
25
institutional holders
+1 vs Q1 2026
12.8m
shares reported held*
$349.7mreported value*
6 new
14 added
4 reduced
4 sold out
net bought ≈ $45.0m (+2.3m 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. Holder counts are more reliable. Implied quarter-end price ≈ $27.39.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 12 |
| Q1 2025 | 11 |
| Q2 2025 | 14 |
| Q3 2025 | 16 |
| Q4 2025 | 21 |
| Q1 2026 | 24 |
| Q2 2026 | 25 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2025 | 3 | 5 |
| Q2 2025 | 9 | 4 |
| Q3 2025 | 14 | 4 |
| Q4 2025 | 17 | 4 |
| Q1 2026 | 16 | 8 |
| Q2 2026 | 20 | 8 |
Biggest buyers
| Vinva Investment Management Ltd | New | +618.3k |
| Legacy Financial Group LLC | Added | +374.8k |
| LPL Financial LLC | Added | +247.3k |
| ROYAL BANK OF CANADA | Added | +174.3k |
| Sanctuary Advisors, LLC | Added | +169.8k |
| HARBOUR INVESTMENTS, INC. | Added | +132.4k |
| RAYMOND JAMES FINANCIAL INC | Added | +126.2k |
| Plus Group Wealth Advisors LLC | New | +106.9k |
| Comprehensive Financial Consultants Institutional, Inc. | New | +72.9k |
| Mowery & Schoenfeld Wealth Management, LLC | New | +68.8k |
Biggest sellers
| BREAKTHRU ADVISORY SERVICES, LLC | Reduced | -22.6k |
| Independent Advisor Alliance | Sold out | -16.5k |
| Janney Montgomery Scott LLC | Reduced | -3.4k |
| JONES FINANCIAL COMPANIES LLLP | Sold out | -1.4k |
| KKM Financial LLC | Reduced | -718 |
| Allworth Financial LP | Reduced | -714 |
| BlackRock, Inc. | Sold out | -591 |
| Bruce G. Allen Investments, LLC | Sold out | -411 |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Sanctuary Advisors, LLC 0.32% of their portfolio | 3.5m $68.8m | Added +169.8k |
| Legacy Financial Group LLC 5.09% of their portfolio | 2.3m $45.2m | Added +374.8k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.6m $32.7m | Added +126.2k |
| UBS Group AG 0.00% of their portfolio | 983.5k $19.6m | Added +26.2k |
| HARBOUR INVESTMENTS, INC. 0.23% of their portfolio | 859.5k $17.1m | Added +132.4k |
| Atria Investments, Inc 0.13% of their portfolio | 656.2k $13.0m | Added +47.6k |
| Vinva Investment Management Ltd 0.72% of their portfolio | 618.3k $108.1m | New |
| KKM Financial LLC 1.61% of their portfolio | 592.0k $11.8m | Reduced -718 |
| LPL Financial LLC 0.00% of their portfolio | 389.0k $7.7m | Added +247.3k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 210.1k $4.2m | Added +20.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 174.3k $3.5m | Added +174.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 122.0k $2.4m | Added +1 |
| BREAKTHRU ADVISORY SERVICES, LLC 7.89% of their portfolio | 118.2k $2.4m | Reduced -22.6k |
| Plus Group Wealth Advisors LLC 2.00% of their portfolio | 106.9k $2.1m | New |
| Equitable Holdings, Inc. 0.01% of their portfolio | 92.5k $1.8m | Added +31.0k |
| GTS SECURITIES LLC 0.04% of their portfolio | 87.2k $1.7m | Added +33.7k |
| Comprehensive Financial Consultants Institutional, Inc. 0.38% of their portfolio | 72.9k $1.5m | New |
| Mowery & Schoenfeld Wealth Management, LLC 1.87% of their portfolio | 68.8k $1.4m | New |
| Quantum Private Wealth, LLC 0.32% of their portfolio | 63.2k $1.3m | Added +1.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 59.0k $1.2m | Added +5.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 39.1k $776.9k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 35.3k $703.0k | Reduced -3.4k |
| Allworth Financial LP 0.00% of their portfolio | 26.5k $527.8k | Reduced -714 |
| Global View Capital Management LLC 0.05% of their portfolio | 11.1k $220.1k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.8k $35.8k | Unchanged |