Natural Grocers by Vitamin Cottage, Inc. (NGVC) — Institutional Holders, Q2 2026

160 institutional investment managers reported a NGVC position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $286.0M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← NGVC stock profile

NGVC in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

Trimmed

Sold out

Biggest buyers

ROYCE & ASSOCIATESNew · +600,263 sh+$18.6M
Allspring Global InvestmentsNew · +122,235 sh+$3.8M
AQR CAPITAL MANAGEMENTAdded · +113,688 sh+$3.5M
AMERICAN CENTURY COMPANIESAdded · +90,738 sh+$2.8M
BlackRockAdded · +65,475 sh+$2.0M

Biggest sellers

MILLENNIUM MANAGEMENTTrimmed · -158,941 sh-$4.9M
MORGAN STANLEYTrimmed · -123,704 sh-$3.8M
TWO SIGMA INVESTMENTSTrimmed · -70,701 sh-$2.2M
Trexquant InvestmentSold out · -65,318 sh-$2.0M
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIOSold out · -48,310 sh-$1.5M

NGVC 13F holders ranked 1–100 of 160

Institutional investors reporting a position in Natural Grocers by Vitamin Cottage, Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 991,823 sh	991,823	$30.8M	<0.01%	+7.1%
2	AMERICAN CENTURY COMPANIES#2 · 652,774 sh	652,774	$20.2M	<0.01%	+16.1%
3	DIMENSIONAL FUND ADVISORS#3 · 651,746 sh	651,746	$20.2M	<0.01%	+1.1%
4	ROYCE & ASSOCIATES#4 · 600,263 sh	600,263	$18.6M	0.15%	New
5	VANGUARD CAPITAL MANAGEMENT#5 · 534,646 sh	534,646	$16.6M	<0.01%	-1.9%
6	MORGAN STANLEY#6 · 472,225 sh	472,225	$14.6M	<0.01%	-20.8%
7	TWO SIGMA INVESTMENTS#7 · 337,311 sh	337,311	$10.5M	<0.01%	-17.3%
8	GEODE CAPITAL MANAGEMENT#8 · 304,066 sh	304,066	$9.4M	<0.01%	+8.9%
9	AQR CAPITAL MANAGEMENT#9 · 298,071 sh	298,071	$9.2M	<0.01%	+61.7%
10	VANGUARD PORTFOLIO MANAGEMENT#10 · 295,763 sh	295,763	$9.2M	<0.01%	+13.2%
11	RENAISSANCE TECHNOLOGIES#11 · 294,899 sh	294,899	$9.1M	0.01%	-9.8%
12	STATE STREET#12 · 294,454 sh	294,454	$9.1M	<0.01%	+8.5%
13	WELLINGTON MANAGEMENT GROUP LLP#13 · 283,589 sh	283,589	$8.8M	<0.01%	0.0%
14	NORTHERN#14 · 176,087 sh	176,087	$5.5M	<0.01%	-1.6%
15	Bank of New York Mellon#15 · 172,998 sh	172,998	$5.4M	<0.01%	-0.9%
16	Empirical Finance#16 · 146,916 sh	146,916	$4.6M	0.19%	0.0%
17	UBS Group AG#17 · 143,710 sh	143,710	$4.5M	<0.01%	-10.5%
18	CSM Advisors#18 · 135,014 sh	135,014	$4.2M	0.09%	-0.1%
19	GOLDMAN SACHS GROUP#19 · 130,009 sh	130,009	$4.0M	<0.01%	-0.8%
20	Allspring Global Investments#20 · 122,235 sh	122,235	$3.9M	<0.01%	New
21	CHARLES SCHWAB INVESTMENT MANAGEMENT#21 · 92,950 sh	92,950	$2.9M	<0.01%	+3.2%
22	Connor, Clark & Lunn Investment Management Ltd.#22 · 88,678 sh	88,678	$2.8M	<0.01%	+0.9%
23	JPMORGAN CHASE#23 · 81,486 sh	81,486	$2.6M	<0.01%	-33.3%
24	Quantinno Capital Management#24 · 80,496 sh	80,496	$2.5M	<0.01%	+6.7%
25	VANGUARD FIDUCIARY#25 · 75,846 sh	75,846	$2.4M	<0.01%	-7.4%
26	Man Group plc#26 · 74,390 sh	74,390	$2.3M	<0.01%	-15.5%
27	D. E. Shaw#27 · 73,905 sh	73,905	$2.3M	<0.01%	-18.8%
28	NIA IMPACT ADVISORS#28 · 69,193 sh	69,193	$2.1M	0.89%	-2.2%
29	CITADEL ADVISORS#29 · 68,157 sh	68,157	$2.1M	<0.01%	-20.0%
30	Green Alpha Advisors#30 · 64,614 sh	64,614	$2.0M	—	-0.8%
31	Russell Investments Group, Ltd.#31 · 64,208 sh	64,208	$2.0M	<0.01%	+2668.8%
32	Crestwood Advisors Group#32 · 53,676 sh	53,676	$1.7M	0.02%	+0.2%
33	WEDGE CAPITAL MANAGEMENT L L P#33 · 53,444 sh	53,444	$1.7M	—	New
34	KBC Group NV#34 · 49,835 sh	49,835	$1.5M	—	0.0%
35	FMR#35 · 48,873 sh	48,873	$1.5M	<0.01%	-15.1%
36	Numerai GP#36 · 47,734 sh	47,734	$1.5M	0.12%	-1.7%
37	Manatuck Hill Partners#37 · 47,500 sh	47,500	$1.5M	0.49%	New
38	MILLENNIUM MANAGEMENT#38 · 47,352 sh	47,352	$1.5M	<0.01%	-77.0%
39	BANK OF AMERICA#39 · 42,856 sh	42,856	$1.3M	<0.01%	-33.7%
40	Linden Thomas Advisory Services#40 · 37,740 sh	37,740	$1.2M	—	+10.8%
41	Janney Montgomery Scott#41 · 37,388 sh	37,388	$1.2M	<0.01%	+1.2%
42	VICTORY CAPITAL MANAGEMENT#42 · 36,399 sh	36,399	$1.1M	<0.01%	-4.5%
43	Nuveen#43 · 36,389 sh	36,389	$1.1M	<0.01%	+29.4%
44	Pathstone#44 · 34,009 sh	34,009	$1.1M	<0.01%	+0.4%
45	Invesco Ltd.#45 · 32,775 sh	32,775	$1.0M	<0.01%	-2.5%
46	Diametric Capital#46 · 32,580 sh	32,580	$1.0M	0.11%	+75.5%
47	XTX Topco Ltd#47 · 32,441 sh	32,441	$1.0M	0.01%	-0.4%
48	Creative Planning#48 · 30,770 sh	30,770	$954.5K	<0.01%	+112.3%
49	Point72 Asset Management, L.P.#49 · 29,792 sh	29,792	$924.1K	<0.01%	-57.4%
50	HRT FINANCIAL#50 · 25,607 sh	25,607	$794.0K	<0.01%	-32.7%
51	CITIGROUP#51 · 24,183 sh	24,183	$750.2K	<0.01%	+137.0%
52	Susquehanna Portfolio Strategies#52 · 23,279 sh	23,279	$722.1K	0.01%	0.0%
53	ALLIANCEBERNSTEIN L.P.#53 · 26,670 sh	26,670	$689.4K	<0.01%	+69.2%
54	Toroso Investments#54 · 21,658 sh	21,658	$671.8K	<0.01%	New
55	Inspire Investing#55 · 21,525 sh	21,525	$667.7K	—	+7.7%
56	O'SHAUGHNESSY ASSET MANAGEMENT#56 · 21,474 sh	21,474	$666.1K	<0.01%	+2.4%
57	Swiss National Bank#57 · 18,500 sh	18,500	$573.9K	<0.01%	+3.9%
58	FRANKLIN RESOURCES#58 · 17,071 sh	17,071	$529.5K	<0.01%	New
59	Atom Investors#59 · 17,002 sh	17,002	$527.4K	0.05%	New
60	MIRAE ASSET GLOBAL ETFS Ltd.#60 · 16,776 sh	16,776	$520.4K	<0.01%	+40.0%
61	FIFTH THIRD BANCORP#61 · 16,726 sh	16,726	$518.8K	<0.01%	New
62	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#62 · 16,594 sh	16,594	$514.7K	<0.01%	0.0%
63	ACADIAN ASSET MANAGEMENT#63 · 16,592 sh	16,592	$512.0K	<0.01%	-13.7%
64	RHUMBLINE ADVISERS#64 · 16,490 sh	16,490	$511.5K	<0.01%	+6.6%
65	DEUTSCHE BANK AG\#65 · 16,470 sh	16,470	$510.9K	<0.01%	+16.6%
66	Watershed Asset Management, L.L.C.#66 · 16,303 sh	16,303	$505.7K	0.45%	+8.1%
67	Mariner#67 · 16,112 sh	16,112	$499.8K	<0.01%	New
68	Vanguard Global Advisers#68 · 15,528 sh	15,528	$481.7K	<0.01%	+264.3%
69	RAYMOND JAMES FINANCIAL#69 · 13,293 sh	13,293	$412.3K	<0.01%	New
70	RITHOLTZ WEALTH MANAGEMENT#70 · 12,691 sh	12,691	$393.7K	<0.01%	-2.7%
71	ENVESTNET ASSET MANAGEMENT#71 · 12,140 sh	12,140	$376.6K	<0.01%	-10.8%
72	WELLS FARGO & COMPANY#72 · 11,739 sh	11,739	$364.1K	<0.01%	+150.1%
73	Universal- Beteiligungs- und Servicegesellschaft mbH#73 · 11,730 sh	11,730	$363.9K	<0.01%	+6.6%
74	Jump Financial#74 · 11,332 sh	11,332	$351.5K	<0.01%	+4.0%
75	Squarepoint Ops#75 · 11,258 sh	11,258	$349.2K	<0.01%	New
76	MERCER GLOBAL ADVISORS#76 · 11,122 sh	11,122	$345.0K	<0.01%	New
77	PRICE T ROWE ASSOCIATES#77 · 10,786 sh	10,786	$335.0K	0.00%	+20.2%
78	EVERGREEN CAPITAL MANAGEMENT#78 · 10,150 sh	10,150	$314.9K	—	+0.8%
79	Gotham Asset Management#79 · 10,130 sh	10,130	$314.2K	<0.01%	+3.5%
80	CreativeOne Wealth#80 · 9,267 sh	9,267	$287.5K	<0.01%	+1.9%
81	LPL Financial#81 · 7,832 sh	7,832	$243.0K	<0.01%	+0.5%
82	MetLife Investment Management#82 · 7,691 sh	7,691	$238.6K	<0.01%	0.0%
83	Vident Advisory#83 · 7,200 sh	7,200	$223.3K	<0.01%	New
84	WEALTH ENHANCEMENT ADVISORY SERVICES#84 · 6,689 sh	6,689	$220.0K	—	New
85	AMERIPRISE FINANCIAL#85 · 6,911 sh	6,911	$214.4K	0.00%	New
86	NEW YORK STATE COMMON RETIREMENT FUND#86 · 6,579 sh	6,579	$204.1K	<0.01%	+94.7%
87	Abel Hall#87 · 6,509 sh	6,509	$201.9K	—	New
88	Aquatic Capital Management#88 · 6,173 sh	6,173	$191.5K	<0.01%	-26.6%
89	VANGUARD ASSET MANAGEMENT, Ltd#89 · 5,648 sh	5,648	$175.2K	<0.01%	0.0%
90	Quantbot Technologies#90 · 4,779 sh	4,779	$148.2K	<0.01%	New
91	OP Asset Management Ltd#91 · 4,767 sh	4,767	$147.9K	<0.01%	-62.8%
92	Zurcher Kantonalbank (Zurich Cantonalbank)#92 · 3,561 sh	3,561	$110.5K	<0.01%	0.0%
93	Police & Firemen's Retirement System of New Jersey#93 · 3,354 sh	3,354	$104.0K	<0.01%	0.0%
94	BNP PARIBAS FINANCIAL MARKETS#94 · 3,031 sh	3,031	$94.0K	0.00%	-40.3%
95	Copeland Capital Management#95 · 2,627 sh	2,627	$81.5K	—	-3.2%
96	Legal & General Group Plc#96 · 2,465 sh	2,465	$76.5K	0.00%	-74.5%
97	BARCLAYS PLC#97 · 2,024 sh	2,024	$62.8K	0.00%	-82.0%
98	Persistent Asset Partners Ltd#98 · 1,957 sh	1,957	$60.7K	0.02%	New
99	Capital Advisors, Ltd.#99 · 1,853 sh	1,853	$57.0K	<0.01%	+5.7%
100	KLP KAPITALFORVALTNING AS#100 · 1,800 sh	1,800	$55.8K	<0.01%	0.0%

Funds that sold out of NGVC in Q2 2026 (23)

Held NGVC at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held NGVC in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Trexquant Investment65,318 sh	65,318	$1.7M
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO48,310 sh	48,310	$1.2M
Y-Intercept (Hong Kong) Ltd46,556 sh	46,556	$1.2M
ExodusPoint Capital Management45,594 sh	45,594	$1.2M
Qube Research & Technologies Ltd26,062 sh	26,062	$673.7K
Dynamic Technology Lab Private Ltd24,801 sh	24,801	$641.1K
Campbell & Investment Adviser20,938 sh	20,938	$541.2K
BALYASNY ASSET MANAGEMENT L.P.19,109 sh	19,109	$494.0K
EntryPoint Capital13,846 sh	13,846	$357.9K
SUSQUEHANNA INTERNATIONAL GROUP, LLP12,651 sh	12,651	$327.0K
SG Americas Securities9,877 sh	9,877	$255.0K
LEUCADIA NATIONAL7,912 sh	7,912	$204.5K
LOS ANGELES CAPITAL MANAGEMENT5,439 sh	5,439	$140.6K
VAN ECK ASSOCIATES4,290 sh	4,290	$111.0K
QUADRANT CAPITAL GROUP230 sh	230	$51.9K
NEW YORK STATE TEACHERS RETIREMENT SYSTEM1,154 sh	1,154	$30.0K
SIMPLEX TRADING784 sh	784	$20.3K
Western Wealth Management664 sh	664	$17.2K
MAI Capital Management536 sh	536	$13.9K
Optiver Holding B.V.117 sh	117	$3.0K
Root Financial Partners42 sh	42	$1.1K
Signature Equity Partners20 sh	20	$517.00
Wealth Preservation Advisors12 sh	12	$310.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.