# NORTHERN LTS FD TR II (BTR)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/BTR/

- Reporting holders: 5
- Reported value: $32.5M
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [Beacon Capital Management, Inc.](https://holderbook.com/funds/1575301-beacon-capital-management-inc/) | $27.7M | 1,003,237 | 1.7% | 13 |
| [RFG Advisory, LLC](https://holderbook.com/funds/1633387-rfg-advisory-llc/) | $4.2M | 152,121 | 0.1% | 3 |
| [INDEPENDENT FINANCIAL GROUP, LLC](https://holderbook.com/funds/275484-independent-financial-group-llc/) | $532.3K | 19,250 | 0.0% | 5 |
| [MORGAN STANLEY](https://holderbook.com/funds/895421-morgan-stanley/) | $1.0K | 37 | 0.0% | 2 |
| [UBS Group AG](https://holderbook.com/funds/1610520-ubs-group-ag/) | $28 | 1 | 0.0% | 2 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 5 | $32.5M |
| Q1 2026 | 7 | $34.7M |
| Q4 2025 | 4 | $34.3M |
| Q3 2025 | 4 | $27.2M |
| Q2 2025 | 3 | $25.3M |
| Q1 2025 | 2 | $25.0M |
| Q4 2024 | 2 | $27.9M |
| Q3 2024 | 2 | $28.4M |
| Q2 2024 | 2 | $26.1M |
| Q1 2024 | 2 | $25.9M |
| Q4 2023 | 2 | $24.3M |
| Q3 2023 | 2 | $24.9M |