National Healthcare

NHC • AMEX

National Healthcare is a medical - care facilities company in the healthcare sector on AMEX, led by Stephen F. Flatt, with a market cap of $2.1B. As of Q3 2025, 61% of shares are held by 206 institutional investors, with BlackRock, Inc. as the largest holder at 12.15%.

Chief Executive OfficerStephen F. Flatt

Market Cap$2.1B

Medical - Care Facilities

Healthcare

Employees13.1K

Websitenhccare.com

Country

United States of America

Overview

Overview of institutional ownership in NHC as of Q3 2025 with a market cap of $1.9B

All Institutions

Institutions: 206
Value Held: $1.2B
Shares Held: 9.5M
Avg Position: $5.6M
Median Position: $532.2K

Hedge Funds

Hedge Funds: 16
Value Held: $73.5M
Shares Held: 604.7K
Avg Position: $4.6M
Median Position: $972.2K

Ownership Breakdown

Institutional (non-HF)

57.46%

$1.1B

Hedge Funds

3.9%

$73.5M

Retail & Other

38.64%

$727.8M

Based on market cap of $1.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NHC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$228.8M 0.00% of portfolio	12.15% 1.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$172.8M 0.00% of portfolio	9.17% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$117.3M 0.03% of portfolio	6.23% 965.6K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
Morgan Stanley Institutional Investment Advisors LLC Pension/Endowment	Brian Hale Weinstein President	$91.0M 10.94% of portfolio	4.83% 749.2K shares	Q3 2024 Held for 1y 2m	$832.0M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$59.9M 0.00% of portfolio	3.17% 490.6K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
M Holdings Securities, Inc. RIA/Wealth	Michael Ski Schoonmaker CEO	$56.3M 12.29% of portfolio	2.99% 463.2K shares	Q3 2025 Held for 2 months	$458.0M
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$45.4M 0.06% of portfolio	2.41% 373.9K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$38.4M 0.00% of portfolio	2.04% 316.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$25.2M 0.02% of portfolio	1.34% 207.5K shares	Q2 2024 Held for 1y 5m	$134.11B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$23.0M 0.00% of portfolio	1.22% 189.0K shares	≤ Q2 2013 Held for 12y 5m+	$620.51B

Net Capital Flow

Institutional buying and selling activity for NHC in Q3 2025

Traded: +$61.4M
Buyers: 96
Sellers: 95
Total Bought: +$104.4M
Total Sold: −$43.0M
Avg Position: $5.1M

Biggest Buyers

Institution	Net Bought	Current Position
M Holdings Securities, Inc. RIA/Wealth	+$56.3M +463.2K shares	$56.3M 463.2K shares
FIRST TRUST ADVISORS LP ETF Provider	+$21.4M +175.9K shares	$25.2M 207.5K shares
A ALPS ADVISORS INC ETF Provider	+$3.6M +29.2K shares	$21.4M 176.0K shares
Allspring Global Investments Holdings, LLC Long Only Manager	+$2.2M +17.3K shares	$6.0M 48.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.7M +13.8K shares	$3.3M 26.8K shares
CBOE Vest Financial, LLC ETF Provider	+$1.5M +12.6K shares	$1.5M 12.6K shares
GOLDMAN SACHS GROUP INC Institution	+$1.4M +11.9K shares	$7.3M 59.8K shares
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	+$1.4M +11.7K shares	$1.8M 14.6K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$1.3M +11.1K shares	$1.5M 12.4K shares
S SG Americas Securities, LLC Institution	+$1.2M +9.6K shares	$1.2M 9.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$2.8M −23.4K shares	$228.8M 1.9M shares
Q Qube Research & Technologies Ltd Institution	−$2.5M −20.4K shares	$2.9M 23.9K shares
VANGUARD GROUP INC Institution	−$2.3M −19.0K shares	$172.8M 1.4M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$2.0M −16.1K shares	$873.9K 7.2K shares
Knights of Columbus Asset Advisors LLC Long Only Manager	−$1.9M −18.0K shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$1.9M −15.5K shares	$3.2M 26.4K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$1.7M −15.6K shares	Sold Off 0 shares
WELLS FARGO & COMPANY/MN Institution	−$1.7M −13.6K shares	$1.2M 9.8K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$1.7M −13.6K shares	$45.4M 373.9K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$1.6M −15.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NHC in Q3 2025

New Positions: 17
New Value: $3.1M
Exited Positions: 21
Exited Value: $12.5M

New Positions

Institution	Position Value
CBOE Vest Financial, LLC ETF Provider	$1.5M 12.6K shares
Independent Advisor Alliance RIA/Wealth	$312.3K 2.6K shares
V Virtu Financial LLC Institution	$271.1K 2.2K shares
SJS Investment Consulting Inc. RIA/Wealth	$232.1K 1.9K shares
U Universal- Beteiligungs- und Servicegesellschaft mbH Institution	$211.9K 1.7K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$211.5K 1.8K shares
FourThought Financial Partners, LLC RIA/Wealth	$211.1K 1.7K shares
WEXFORD CAPITAL LP Hedge Fund•Multi-Strategy	$93.6K 770.0 shares
Caitong International Asset Management Co., Ltd RIA/Wealth	$24.8K 204.0 shares
Larson Financial Group LLC RIA/Wealth	$17.0K 140.0 shares

Exited Positions

Institution	Previous Position
Knights of Columbus Asset Advisors LLC Long Only Manager	$1.9M 18.0K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.7M 15.6K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.6M 15.0K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.3M 12.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.2M 11.5K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$1.1M 10.0K shares
C Cubist Systematic Strategies, LLC Institution	$906.9K 8.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$742.1K 6.9K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	$477.8K 4.5K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$308.2K 2.9K shares

Options Activity

Institutions with the largest Call and Put options positions in NHC as of Q3 2025

Call Positions: 2
Call Value: $729.1K
Put Positions: 2
Put Value: $522.5K

Call Positions

Institution	Position Value
P PEAK6 LLC Institution	$449.6K 37.0 contracts
J JANE STREET GROUP, LLC Institution	$279.5K 23.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$522.5K 43.0 contracts
K K2 PRINCIPAL FUND, L.P. Institution	- - contracts

Most Committed Institutions

Institutions with NHC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Holdings Securities, Inc. RIA/Wealth	Michael Ski Schoonmaker CEO	12.29% $56.3M	2.99% 463.2K shares	Q3 2025 Held for 2 months	$458.0M
Morgan Stanley Institutional Investment Advisors LLC Pension/Endowment	Brian Hale Weinstein President	10.94% $91.0M	4.83% 749.2K shares	Q3 2024 Held for 1y 2m	$832.0M
M Manatuck Hill Partners, LLC Hedge Fund•Long/Short	Mark Allen Broach Managing Partner	2.60% $7.3M	0.39% 60.4K shares	Q1 2023 Held for 2y 8m	$282.7M
Sovereign's Capital Management, LLC Private Equity	Thomsen Paul Jacob Managing Partner	1.82% $3.4M	0.18% 27.6K shares	Q4 2024 Held for 11 months	$184.3M
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	Kenneth Burgess CIO	0.35% $14.6M	0.77% 119.9K shares	Q2 2021 Held for 4y 5m	$4.1B
Militia Capital Partners, LP Hedge Fund•Long/Short	-	0.34% $656.2K	0.03% 5.4K shares	Q3 2025 Held for 2 months	$195.8M
C CENTRAL VALLEY ADVISORS, LLC Institution	-	0.20% $650.3K	0.03% 5.4K shares	Q4 2023 Held for 1y 11m	$318.4M
A ALPS ADVISORS INC ETF Provider	Laton Andrew Spahr President	0.12% $21.4M	1.14% 176.0K shares	Q3 2024 Held for 1y 2m	$18.0B
OAK ASSOCIATES LTD /OH/ Long Only Manager	Margaret Lynn Ballinger President	0.09% $1.5M	0.08% 12.0K shares	Q1 2025 Held for 8 months	$1.6B
Summit Global Investments Long Only Manager	David Lee Harden CEO	0.09% $1.3M	0.07% 10.6K shares	Q3 2022 Held for 3y 2m	$1.5B