Vault-13

NORTHERN LTS FD TR IV FMCX

FM FOCUS EQUITY · ETP · CUSIP 66538H211

7 institutional holders +2 vs Q1 2026
3,023,6703.0m shares reported held*
$112.7mreported value*
2 new 0 added 3 reduced 0 sold out net sold ≈ $618.3k (-16.6k 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 ≈ $37.28.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0258Q3 22: 2Q4 22: 2Q1 23: 2Q2 23: 3Q3 23: 3Q4 23: 3Q1 24: 3Q2 24: 7Q3 24: 6Q4 24: 4Q1 25: 7Q2 25: 7Q3 25: 6Q4 25: 5Q1 26: 5Q2 26: 77Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20222
Q4 20222
Q1 20232
Q2 20233
Q3 20233
Q4 20233
Q1 20243
Q2 20247
Q3 20246
Q4 20244
Q1 20257
Q2 20257
Q3 20256
Q4 20255
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
404Q3 24: 1 bought or addedQ3 24: 2 cut or sold outQ4 24: 1 bought or addedQ4 24: 2 cut or sold outQ4 24Q1 25: 4 bought or addedQ1 25: 0 cut or sold outQ2 25: 1 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 2 bought or addedQ3 25: 1 cut or sold outQ4 25: 1 bought or addedQ4 25: 2 cut or sold outQ4 25Q1 26: 1 bought or addedQ1 26: 3 cut or sold outQ2 26: 2 bought or addedQ2 26: 3 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202412
Q4 202412
Q1 202540
Q2 202512
Q3 202521
Q4 202512
Q1 202613
Q2 202623

Biggest buyers

BANK OF AMERICA CORP /DE/ New +391,802+391.8k
FMR LLC New +1+1

Biggest sellers

FIRST MANHATTAN CO. LLC. Reduced -397,395-397.4k
GTS SECURITIES LLC Reduced -10,892-10.9k
UBS Group AG Reduced -100-100

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIRST MANHATTAN CO. LLC. 0.25% of their portfolio NEW YORK, NY 2,619,1562.6m $97.7m $97.7m 0.25% Reduced -397.4k -397,395
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 391,802391.8k $14.6m $14.6m 0.00% New
3 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 9,8999.9k $369.1k $369.1k 0.01% Reduced -10.9k -10,892
4 Avalon Trust Co 0.01% of their portfolio SANTA FE, NM 2,6002.6k $96.9k $96.9k 0.01% Unchanged
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 142142 $5.3k $5.3k 0.00% Reduced -100 -100
6 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 7070 $2.6k $2.6k 0.00% Unchanged
7 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $37 $37 0.00% New