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Natural Grocers by Vitamin Cottage, Inc.

NGVC
Exchange
NYSE
Industry
Retail-Grocery Stores
SEC CIK
0001547459

No open-market purchases or sales by Natural Grocers by Vitamin Cottage, Inc. insiders were filed in the last 90 days; 159 institutions reported holding it in 13F filings for Q2 2026, worth $286.3M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Natural Grocers by Vitamin Cottage, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
145
−21 vs. Q3 2025
Shares held
8.75M
−678.6K (−7.2%) vs. Q3 2025
Total value
$219.1M
−$157.7M (−41.9%) vs. Q3 2025
New holders
25
55 more added
Sold out
46
39 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NGVC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 145 institutions
Q1 2021: 93 institutionsQ2 2021: 87 institutionsQ3 2021: 86 institutionsQ4 2021: 93 institutionsQ1 2022: 106 institutionsQ2 2022: 111 institutionsQ3 2022: 104 institutionsQ4 2022: 104 institutionsQ1 2023: 94 institutionsQ2 2023: 94 institutionsQ3 2023: 92 institutionsQ4 2023: 96 institutionsQ1 2024: 103 institutionsQ2 2024: 101 institutionsQ3 2024: 121 institutionsQ4 2024: 147 institutionsQ1 2025: 160 institutionsQ2 2025: 172 institutionsQ3 2025: 168 institutionsQ4 2025: 145 institutionsQ1 2026: 155 institutionsQ2 2026: 159 institutions
Value heldQ4 2025: $219.1M
Q1 2021: $135.6MQ2 2021: $80.4MQ3 2021: $78.1MQ4 2021: $100.6MQ1 2022: $151.5MQ2 2022: $128.6MQ3 2022: $78.8MQ4 2022: $64.3MQ1 2023: $84.0MQ2 2023: $87.1MQ3 2023: $91.6MQ4 2023: $118.9MQ1 2024: $138.9MQ2 2024: $168.2MQ3 2024: $228.6MQ4 2024: $308.5MQ1 2025: $330.0MQ2 2025: $368.3MQ3 2025: $379.1MQ4 2025: $219.1MQ1 2026: $224.9MQ2 2026: $286.3M
Institutions holding NGVC and their total value by quarter
QuarterHoldersValue
Q2 2026159$286.3M
Q1 2026155$224.9M
Q4 2025145$219.1M
Q3 2025168$379.1M
Q2 2025172$368.3M
Q1 2025160$330.0M
Q4 2024147$308.5M
Q3 2024121$228.6M
Q2 2024101$168.2M
Q1 2024103$138.9M
Q4 202396$118.9M
Q3 202392$91.6M
Q2 202394$87.1M
Q1 202394$84.0M
Q4 2022104$64.3M
Q3 2022104$78.8M
Q2 2022111$128.6M
Q1 2022106$151.5M
Q4 202193$100.6M
Q3 202186$78.1M
Q2 202187$80.4M
Q1 202193$135.6M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Natural Grocers by Vitamin Cottage, Inc.; share changes are against Q3 2025.

Institutions holding NGVC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.930,192$23.3M0.00%+9,315+1.0%Added
Vanguard Group Inc891,399$22.3M0.00%+131,530+17.3%Added
Dimensional Fund Advisors LP646,006$16.2M0.00%+1,689+0.3%Added
American Century Companies Inc515,860$12.9M0.01%+11,229+2.2%Added
Wellington Management Group LLP469,683$11.8M0.00%−199,884−29.9%Reduced
Millennium Management LLC414,716$10.4M0.01%−124,647−23.1%Reduced
Renaissance Technologies LLC382,999$9.59M0.01%−95,910−20.0%Reduced
Two Sigma Investments, LP303,973$7.61M0.01%+119,679+64.9%Added
Geode Capital Management, LLC271,032$6.79M0.00%−1,323−0.5%Reduced
State Street Corp269,780$6.76M0.00%−46,009−14.6%Reduced
Morgan Stanley201,779$5.05M0.00%+61,839+44.2%Added
Bank of New York Mellon Corp175,075$4.39M0.00%+54,991+45.8%Added
Trexquant Investment LP157,761$3.95M0.04%+99,508+170.8%Added
Empirical Finance, LLC146,916$3.68M0.18%+71,637+95.2%Added
Qube Research & Technologies Ltd133,414$3.34M0.00%−23,914−15.2%Reduced
UBS Group AG128,059$3.21M0.00%+50,677+65.5%Added
Two Sigma Advisers, LP123,900$3.10M0.01%+79,000+175.9%Added
Point72 Asset Management, L.P.113,326$2.84M0.00%+64,844+133.7%Added
Northern Trust Corp107,844$2.70M0.00%−4,605−4.1%Reduced
Victory Capital Management Inc101,099$2.53M0.00%−192,355−65.5%Reduced
CSM Advisors, LLC100,604$2.52M0.07%−4,351−4.1%Reduced
D. E. Shaw & Co., Inc.99,712$2.50M0.00%+69,049+225.2%Added
Charles Schwab Investment Management Inc93,315$2.34M0.00%−54−0.1%Reduced
Goldman Sachs Group Inc91,783$2.30M0.00%−168,563−64.7%Reduced
Connor, Clark & Lunn Investment Management Ltd.88,135$2.21M0.01%+5,286+6.4%Added
Numerai GP LLC87,777$2.20M0.27%+87,777New
Panagora Asset Management Inc81,844$2.05M0.01%+9,795+13.6%Added
Citadel Advisors LLC81,477$2.04M0.00%+65,309+403.9%Added
FMR LLC76,548$1.92M0.00%+4,688+6.5%Added
Nia Impact Advisors, LLC72,828$1.82M0.61%−6,100−7.7%Reduced
JPMorgan Chase & Co71,126$1.78M0.00%+10,694+17.7%Added
Quantinno Capital Management LP66,079$1.66M0.00%+60,956+1,189.8%Added
Green Alpha Advisors, LLC64,663$1.62M1.48%+1,351+2.1%Added
AQR Capital Management LLC59,191$1.48M0.00%−14,828−20.0%Reduced
Crestwood Advisors Group LLC53,565$1.34M0.02%−130.0%Reduced
Verition Fund Management LLC48,394$1.21M0.01%+42,616+737.6%Added
Citigroup Inc47,066$1.18M0.00%+27,587+141.6%Added
Balyasny Asset Management LLC41,000$1.03M0.00%+1,026+2.6%Added
Lotus Technology Management, LP38,348$960.6K0.53%+38,348New
HRT Financial LP37,921$949.0K0.00%+14,662+63.0%Added
Tudor Investment Corp Et Al37,408$937.1K0.01%+9,592+34.5%Added
Janney Montgomery Scott LLC35,913$900.0K0.00%−654−1.8%Reduced
Barclays PLC35,360$885.8K0.00%−22,889−39.3%Reduced
Pathstone Holdings, LLC33,924$849.8K0.00%−1,434−4.1%Reduced
Man Group plc31,697$794.0K0.00%+31,697New
Caxton Associates LLP30,190$756.3K0.01%+30,190New
Invesco Ltd.29,862$748.0K0.00%+604+2.1%Added
Ameriprise Financial Inc29,263$733.0K0.00%−13,229−31.1%Reduced
Nuveen, LLC27,934$699.7K0.00%00.0%Unchanged
O'Shaughnessy Asset Management, LLC24,656$617.6K0.00%−5,532−18.3%Reduced
Diametric Capital, LP24,529$614.5K0.16%+24,529New
Jump Financial, LLC24,400$611.2K0.01%+24,400New
SG Americas Securities, LLC20,667$518.0K0.00%+8,695+72.6%Added
Linden Thomas Advisory Services, LLC19,439$486.9K0.05%+159+0.8%Added
Bank of America Corp19,267$482.6K0.00%−8,238−30.0%Reduced
CWM Advisors, LLC18,697$468.4K0.04%+7,317+64.3%Added
Swiss National Bank17,800$445.9K0.00%00.0%Unchanged
Gsa Capital Partners LLP17,339$434.0K0.04%+9,230+113.8%Added
XTX Topco Ltd16,786$420.5K0.01%+16,786New
Susquehanna International Group, LLP16,288$408.0K0.00%+9,958+157.3%Added
Rhumbline Advisers15,614$391.1K0.00%−2,279−12.7%Reduced
CenterBook Partners LP14,857$372.2K0.02%−61,930−80.7%Reduced
UBS Asset Management Americas Inc14,650$367.0K0.00%+1,155+8.6%Added
Wells Fargo & Company14,525$363.9K0.00%+5,821+66.9%Added
Brevan Howard Capital Management LP14,336$359.1K0.01%−17,537−55.0%Reduced
PharVision Advisers, LLC14,013$351.0K0.18%+14,013New
EntryPoint Capital, LLC13,846$346.8K0.14%+7,399+114.8%Added
Ritholtz Wealth Management13,493$338.0K0.01%−1,534−10.2%Reduced
Alliancebernstein L.P.13,460$337.2K0.00%−2,400−15.1%Reduced
Dynamic Technology Lab Private Ltd12,930$324.0K0.07%+12,930New
Deutsche Bank AG12,474$312.5K0.00%+963+8.4%Added
Counterpoint Mutual Funds LLC12,308$308.3K0.02%+12,308New
Mirae Asset Global ETFs Holdings Ltd.12,224$306.2K0.00%−514−4.0%Reduced
Engineers Gate Manager LP11,644$291.7K0.00%+11,644New
Legal & General Group Plc11,612$290.9K0.00%−40−0.3%Reduced
Campbell & CO Investment Adviser LLC11,254$281.9K0.01%+11,254New
DRW Securities, LLC10,991$275.3K0.02%+10,991New
California State Teachers Retirement System10,458$262.0K0.00%+1,741+20.0%Added
Evergreen Capital Management LLC10,000$250.5K0.01%00.0%Unchanged
VARCOV Co.8,811$220.7K0.09%+8,811New
Quest Partners LLC8,810$220.7K0.01%+8,717+9,373.1%Added
Change Path, LLC8,155$204.3K0.00%+685+9.2%Added
Prelude Capital Management, LLC7,996$200.3K0.01%+7,996New
BNP Paribas Arbitrage, SA7,809$195.6K0.00%−62,761−88.9%Reduced
MetLife Investment Management7,691$192.7K0.00%00.0%Unchanged
Los Angeles Capital Management LLC5,277$189.8K0.00%+92+1.8%Added
OP Asset Management Ltd4,791$120.0K0.00%+4,791New
Van Eck Associates Corp4,100$103.0K0.00%+325+8.6%Added
Zurcher Kantonalbank (Zurich Cantonalbank)3,628$90.9K0.00%−644−15.1%Reduced
New York State Common Retirement Fund3,379$84.6K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey3,354$84.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)2,694$67.5K0.00%+1,185+78.5%Added
Copeland Capital Management, LLC2,529$63.4K0.00%+2,529New
Russell Investments Group, Ltd.2,468$61.8K0.00%+117+5.0%Added
KLP Kapitalforvaltning AS1,800$45.1K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC1,753$44.0K0.00%00.0%Unchanged
Great West Life Assurance Co1,622$41.0K0.00%00.0%Unchanged
Geneos Wealth Management Inc.1,600$40.1K0.00%00.0%Unchanged
Larson Financial Group LLC1,449$36.3K0.00%+142+10.9%Added
The PNC Financial Services Group, Inc.1,309$32.8K0.00%00.0%Unchanged