Vault-13

NORTHERN FDS TAXS

SHORT-TERM TAX · ETP · CUSIP 665162228

7 institutional holders +2 vs Q1 2026
2,270,9672.3m shares reported held*
$114.4mreported value*
2 new 3 added 1 reduced 0 sold out net bought ≈ $30.0m (+596.1k 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 ≈ $50.39.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0258Q3 25: 4Q4 25: 3Q1 26: 5Q2 26: 77Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 20254
Q4 20253
Q1 20265
Q2 20267

Buyers vs sellers

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

Bought or addedCut or sold out
505Q4 25: 2 bought or addedQ4 25: 4 cut or sold outQ4 25Q1 26: 3 bought or addedQ1 26: 1 cut or sold outQ1 26Q2 26: 5 bought or addedQ2 26: 1 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 202524
Q1 202631
Q2 202651

Biggest buyers

NORTHERN TRUST CORP Added +539,277+539.3k
GOLDMAN SACHS GROUP INC New +48,024+48.0k
CITADEL ADVISORS LLC New +10,529+10.5k
OLD MISSION CAPITAL LLC Added +8,251+8.3k
EJMK Ventures LLC Added +3,421+3.4k

Biggest sellers

JANE STREET GROUP, LLC Reduced -13,418-13.4k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,151,8832.2m $108.4m $108.4m 0.01% Added +539.3k +539,277
2 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 48,02448.0k $2.4m $2.4m 0.00% New
3 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 25,46925.5k $1.3m $1.3m 0.03% Added +8.3k +8,251
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,80017.8k $896.6k $896.6k 0.00% Unchanged
5 EJMK Ventures LLC 0.29% of their portfolio ITASCA, IL 12,83412.8k $646.7k $646.7k 0.29% Added +3.4k +3,421
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,52910.5k $530.6k $530.6k 0.00% New
7 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 4,4284.4k $223.1k $223.1k 0.00% Reduced -13.4k -13,418