NORDEN GROUP LLC

Registered adviser

CIK

1990699

Location

PROVO, UT

Portfolio Value

Mid $1,290,317,605

Diversification

Diversified

Filing Date

Global Rank

#2,200 / 8,825 ▲ 37 · as of Jun 2026

Top Industry

Semiconductors 14.7%

Period ended 36 days ago

Filed Oct 20, 2026 · 16d

13 quarters · since Sep 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 323988

Roster of Nov 1, 2026

Regulatory AUM

$1,967,944,101

Main clients

Individuals and high net worth (88% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Nov 2026	$1,967,944,101	Individuals and high net worth (88%)
Mar 2025 to Feb 2026	$1,739,496,789	Individuals and high net worth (87%)
Apr 2024 to Feb 2025	$987,200,768	Individuals and high net worth (94%)
Oct 2023 to Mar 2024	$899,716,663	Individuals and high net worth (84%)
Jun 2023 to Sep 2023	$189,639,629	Individuals and high net worth (89%)
May 2023	$0	—

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 30.4%, 70.7 effective positions, active share 34.7% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

52.7% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 9.4 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 34.7%; sector active share 9.9% against the combined 13F book's sector weights.

Over time 12 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

673 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

8.3%

+3.4 pts

Top 5

27.2%

+5.5 pts

Top 10

36.2%

+5.8 pts

HHI

208

Diversified+67

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	31.9%	$412,036,034	115
Unclassified	23.0%	$296,280,623	121
Healthcare	7.7%	$99,847,622	77
Financial Services	7.5%	$96,274,913	85
Industrials	7.0%	$90,168,391	87
Consumer Cyclical	6.0%	$77,211,146	46
Communication Services	5.7%	$72,982,522	18
Consumer Defensive	5.4%	$69,970,609	32
Energy	2.7%	$34,402,191	31
Real Estate	1.3%	$16,550,541	24
Basic Materials	1.0%	$12,481,184	20
Utilities	0.9%	$12,111,829	17

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PAAA	PGIM AAA CLO ETF	+981,678	2,080,586	$106,713,255
JAAA	Janus Henderson AAA CLO ETF	+251,299	301,342	$15,208,730
KR	Kroger Co	+219,516	228,280	$13,381,773
UPS	United Parcel Service Inc	+118,532	131,620	$12,298,572
RAAX	VanEck Real Assets ETF	+87,953	183,067	$7,291,558
FTNT	Fortinet, Inc.	+77,708	83,914	$15,000,466
GOVT	iShares U.S. Treasury Bond ETF	+77,363	107,154	$2,343,457
IWC	iShares Micro-Cap ETF	+35,617	37,544	$6,938,131
WAY	Waystar Holding Corp.	+29,222	114,113	$2,891,623
—		+26,835	83,439	$0
INTC	Intel Corp	+16,851	63,871	$7,679,210
MO	Altria Group, Inc.	+16,236	216,871	$14,604,093
APH	Amphenol Corp	+15,395	29,888	$2,519,558
MNST	Monster Beverage Corp	+14,347	27,540	$1,146,214
PPC	Pilgrims Pride Corp	+13,775	21,467	$579,823
NCLH	Norwegian Cruise Line Holdings Ltd.	+13,675	37,521	$550,057
ZTS	Zoetis Inc.	+13,634	17,112	$1,194,930
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	+11,716	13,598	$1,389,443
CRWD	CrowdStrike Holdings, Inc.	+11,014	14,810	$3,920,947
FLJP	Franklin FTSE Japan ETF	+10,798	24,197	$1,001,755
BSX	Boston Scientific Corp	+8,979	14,163	$618,214
SHOP	Shopify Inc.	+8,681	113,181	$16,784,742
AMZN	Amazon Com Inc	+7,848	103,866	$25,878,213
ABT	Abbott Laboratories	+7,047	22,704	$2,243,836
NVDA	Nvidia Corp	+5,926	289,620	$66,143,415
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VRRM	VERRA MOBILITY Corp	−226,863	41,791	$129,552
BMY	Bristol Myers Squibb Co	−195,574	28,315	$1,766,856
FTI	TechnipFMC plc	−157,539	14,230	$966,501
JPST	JPMorgan Ultra-Short Income ETF	−55,161	37,544	$1,891,091
RUN	Sunrun Inc.	−44,892	251,608	$1,954,994
EFOR	Everforth Inc	−25,737	26,547	$873,396
CMCSA	Comcast Corp	−20,458	51,053	$1,110,913
T	At&T Inc.	−15,484	99,235	$2,421,334
CVS	CVS HEALTH Corp	−11,766	24,582	$2,106,431
VFC	V F Corp	−10,480	18,297	$257,255
QQQ	Invesco Qqq Trust, Series 1	−10,226	7,138	$5,280,478
PULS	PGIM Ultra Short Bond ETF	−9,400	7,771	$384,353
AEM	Agnico Eagle Mines Ltd	−7,830	5,858	$1,073,595
TSCO	Tractor Supply Co	−7,376	34,818	$1,089,455
CSCO	Cisco Systems, Inc.	−6,626	70,530	$7,591,143
VZ	Verizon Communications Inc	−5,780	101,460	$4,653,970
—		−5,660	92,005	$0
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−5,566	66,989	$3,363,517
QID	ProShares UltraShort QQQ	−5,000	15,000	$197,700
—		−4,948	173,409	$0
LUV	Southwest Airlines Co	−4,946	16,035	$667,697
BAC	Bank Of America Corp	−4,910	89,124	$4,851,019
ORCL	Oracle Corp	−4,860	18,895	$2,594,283
CSX	Csx Corp	−4,627	24,937	$1,159,819
SCHG	Schwab U.S. Large-Cap Growth ETF	−4,219	15,231	$547,249
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
EXEL	Exelixis, Inc.	234,825	$13,716,128
USFR	WisdomTree Floating Rate Treasury Fund	171,245	$8,629,035
IYR	iShares U.S. Real Estate ETF	66,139	$6,285,850
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND	28,036	$1,245,078
RYN	Rayonier Inc	57,018	$1,046,850
MSTR	Strategy Inc	4,663	$713,858
HURN	Huron Consulting Group Inc.	3,863	$605,834
MKTX	Marketaxess Holdings Inc	3,370	$552,410
GLIBK	Liberty Capital Corp	21,715	$503,788
SAP	Sap SE	2,103	$438,433
RPRX	Royalty Pharma plc	7,198	$420,075
BLSH	Bullish	11,504	$401,374
JBS	Jbs N.V.	34,696	$391,717
ALK	Alaska Air Group, Inc.	10,015	$387,580
TEAM	Atlassian Corp	2,090	$374,716
DXCM	Dexcom Inc	4,258	$367,422
SOC	Sable Offshore Corp.	93,873	$324,800
U	Unity Software Inc.	7,920	$324,165
CGNX	Cognex Corp	5,208	$315,865
ACYN	First Trust Exchange-Traded Fund	15,017	$313,254
DPZ	Dominos Pizza Inc	1,026	$307,399
NFG	National Fuel Gas Co	4,033	$305,943
SKHY	SK hynix Inc.	1,588	$292,430
KVYO	Klaviyo, Inc.	18,206	$286,380
SITM	SITIME Corp	433	$282,328
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
LAMR	Lamar Advertising Co	82,932	$12,935,733
VOD	Vodafone Group Public Ltd Co	733,596	$9,705,475
FDN	First Trust Dow Jones Internet Index Fund	25,185	$6,666,973
BRBR	Bellring Brands, Inc.	136,282	$1,763,489
PLNT	Planet Fitness, Inc.	21,744	$1,134,384
VIK	Viking Holdings Ltd	6,855	$717,512
SMPL	Simply Good Foods Co	45,231	$600,667
AU	AngloGold Ashanti PLC	6,972	$563,965
HGER	Harbor Commodity All-Weather Strategy ETF	19,026	$558,222
SFM	Sprouts Farmers Market, Inc.	6,547	$553,745
ALNY	Alnylam Pharmaceuticals, Inc.	1,792	$539,445
BFAM	Bright Horizons Family Solutions Inc.	7,253	$514,092
CHTR	Charter Communications, Inc.	3,455	$491,335
DHI	Horton D R Inc	2,787	$453,946
MOD	Modine Manufacturing Co	1,696	$452,865
LCID	Lucid Group, Inc.	67,194	$449,527
—		2,061	$422,587
NKE	NIKE, Inc.	9,593	$393,792
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	2,387	$374,639
CSGP	Costar Group, Inc.	12,125	$343,380
MTZ	Mastec Inc	796	$331,183
BROS	Dutch Bros Inc.	4,462	$320,416
—		9,596	$319,162
UTI	Universal Technical Institute Inc	7,277	$311,237
PODD	Insulet Corp	1,948	$296,583
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

673 tracked positions · $1,290,317,605 total · filing declares 673 positions · $1,327,970,110 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 673 positions by value · page 1 of 14

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PAAA	PGIM AAA CLO ETF	Added	2,080,586	+981,678	$106,713,255	+89.4%	8.27%
AAPL	Apple Inc. Technology	Added	212,482	+4,691	$70,760,755	+17.7%	5.48%
NVDA	Nvidia Corp Technology	Added	289,620	+5,926	$66,143,415	+16.5%	5.13%
MSFT	Microsoft Corp Technology	Added	76,799	+3,302	$39,390,207	+43.7%	3.05%
AMZN	Amazon Com Inc Consumer Cyclical	Added	103,866	+7,848	$25,878,213	+13.1%	2.01%
GOOGL	Alphabet Inc. Communication Services	Added	70,517	+1,662	$24,263,489	−1.4%	1.88%
IVV	iShares Core S&P 500 ETF	Added	30,820	+722	$23,603,497	+4.7%	1.83%
AVGO	Broadcom Inc. Technology	Added	54,447	+2,191	$19,121,241	−3.1%	1.48%
SHOP	Shopify Inc. Technology	Added	113,181	+8,681	$16,784,742	+40.7%	1.30%
MU	Micron Technology Inc Technology	Added	15,471	+1,891	$16,478,316	+5.1%	1.28%
ANET	Arista Networks, Inc. Technology	Reduced	78,913	-3,843	$16,065,897	+14.3%	1.25%
JAAA	Janus Henderson AAA CLO ETF	Added	301,342	+251,299	$15,208,730	+501.9%	1.18%
FTNT	Fortinet, Inc. Technology	Added	83,914	+77,708	$15,000,466	+1473.4%	1.16%
MO	Altria Group, Inc. Consumer Defensive	Added	216,871	+16,236	$14,604,093	+1.2%	1.13%
GOOG	Alphabet Inc. Communication Services	Added	41,744	+771	$14,223,850	−1.7%	1.10%
AMD	Advanced Micro Devices Inc Technology	Added	22,716	+1,609	$13,896,740	+13.3%	1.08%
EXEL	Exelixis, Inc. Healthcare	NEW	234,825	NEW	$13,716,128	NEW	1.06%
META	Meta Platforms, Inc. Communication Services	Added	18,900	+1,908	$13,705,902	+43.2%	1.06%
KR	Kroger Co Consumer Defensive	Added	228,280	+219,516	$13,381,773	+2649.7%	1.04%
UPS	United Parcel Service Inc Industrials	Added	131,620	+118,532	$12,298,572	+774.1%	0.95%
SPY	Spdr S&P 500 ETF Trust	Reduced	15,853	-369	$12,089,973	−0.2%	0.94%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	43,821	-995	$11,540,698	+0.6%	0.89%
JPM	Jpmorgan Chase & Co Financial Services	Added	28,398	+27	$9,394,910	+1.2%	0.73%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	25,040	-2,057	$8,884,442	−22.0%	0.69%
USFR	WisdomTree Floating Rate Treasury Fund	NEW	171,245	NEW	$8,629,035	NEW	0.67%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	44,951	-1,185	$8,577,549	+2.8%	0.66%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	16,856	-319	$8,393,445	−2.3%	0.65%
LLY	ELI LILLY & Co Healthcare	Reduced	7,242	-85	$8,379,573	−4.6%	0.65%
JNJ	Johnson & Johnson Healthcare	Reduced	30,816	-3,586	$8,158,227	−6.6%	0.63%
INTC	Intel Corp Technology	Added	63,871	+16,851	$7,679,210	+17.0%	0.60%
SMH	VanEck Semiconductor ETF	Added	12,555	+51	$7,645,995	−6.8%	0.59%
CSCO	Cisco Systems, Inc. Technology	Reduced	70,530	-6,626	$7,591,143	−16.2%	0.59%
AMAT	Applied Materials Inc Technology	Added	14,607	+1,397	$7,469,727	−21.8%	0.58%
RAAX	VanEck Real Assets ETF	Added	183,067	+87,953	$7,291,558	+93.2%	0.57%
XOM	ExxonMobil Holdings Corp Energy	Added	44,260	+270	$7,203,315	+19.8%	0.56%
LRCX	Lam Research Corp Technology	Added	21,840	+1,087	$7,174,658	−20.2%	0.56%
IWC	iShares Micro-Cap ETF	Added	37,544	+35,617	$6,938,131	+1699.9%	0.54%
NET	Cloudflare, Inc. Technology	Reduced	19,821	-2,157	$6,883,436	+27.7%	0.53%
V	Visa Inc. Financial Services	Reduced	18,347	-292	$6,592,627	+3.1%	0.51%
MRK	Merck & Co., Inc. Healthcare	Added	45,210	+24	$6,569,465	+13.1%	0.51%
AMLP	Alerian MLP ETF	Reduced	125,496	-873	$6,509,477	−0.7%	0.50%
IJT	iShares S&P Small-Cap 600 Growth ETF	Reduced	39,838	-999	$6,387,226	−12.4%	0.50%
IYR	iShares U.S. Real Estate ETF	NEW	66,139	NEW	$6,285,850	NEW	0.49%
WFC	Wells Fargo & Company Financial Services	Reduced	68,000	-604	$5,443,400	−4.0%	0.42%
MA	Mastercard Inc Financial Services	Reduced	9,682	-242	$5,339,332	+4.8%	0.41%
QQQ	Invesco Qqq Trust, Series 1	Reduced	7,138	-10,226	$5,280,478	−58.7%	0.41%
GE	General Electric Co Industrials	Added	16,866	+437	$5,267,083	−14.2%	0.41%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Reduced	42,103	-1,941	$5,182,037	−1.1%	0.40%
KO	Coca Cola Co Consumer Defensive	Reduced	59,014	-378	$5,079,925	+5.2%	0.39%
BAC	Bank Of America Corp Financial Services	Reduced	89,124	-4,910	$4,851,019	−9.5%	0.38%

Showing the top 50 of 673 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.