Natural Resource Partners (NRP): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
4 concentrated managers hold it (+1 vs last quarter) with a median weight of 2.4%. 1 officer or director bought in 6 months.
Who owns Natural Resource Partners?
As of Jun 30, 2026, the largest holders reported on Form 13F were Morgan Stanley (1.1 million shares), Goldman Sachs Group (608,121 shares) and Corient Private Wealth (592,072 shares).
Which institutions hold the most Natural Resource Partners shares?
Per Form 13F filings as of Jun 30, 2026:
- 1. Morgan Stanley: 1.1 million shares
- 2. Goldman Sachs Group: 608,121 shares
- 3. Corient Private Wealth: 592,072 shares
- 4. UBS Group: 349,152 shares
- 5. Solidarity Wealth: 260,480 shares
- 6. Progeny 3: 229,463 shares
- 7. Saber Capital Managment: 215,216 shares
- 8. ING Groep: 198,400 shares
- 9. Long Corridor Asset Management: 120,000 shares
- 10. Eubel Brady & Suttman Asset Management: 117,500 shares
Sources:All of the company's proxy statements on EDGAR ↗
We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Natural Resource Partners revenue
Natural Resource Partners reported annual revenue of $232.4 million for fiscal year 2024 (year ended December 31, 2024), according to its Form 10-K filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Change in managers (3 → 4): 1 opened · 0 exited = +1
Net flow in the quarter: −$2.5M (−25 K shares) · bought $5.6M and sold $8.1MShares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
The set of concentrated managers changed between quarters: with the set as it was then, 2 held it last quarter (the chart point); with today's set, 3 (the base for the change).
Concentrated managers holding it
- Progeny 3Reduced$22.3M1.1%−0.4 pp
- Long Corridor Asset ManagementIncreased$11.6M4.2%+0.6 pp
- Oakcliff Capital Partners$9.9M3.7%
- Magnolia GroupNew$3.7M0.8%+0.7 pp
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Largest holders of NRP (all 13F filers)
- Morgan Stanley1.1 MBank or trading desk · 8.11% of the company+36 K
- Goldman Sachs Group608 KBank or trading desk · 4.59% of the company−8,633
- Corient Private Wealth592 KWealth adviser · 4.47% of the company−21 K
- UBS Group349 KBank or trading desk · 2.64% of the company+165 K
- Solidarity Wealth260 KWealth adviser · 1.97% of the company+25 K
- Progeny 3concentrated229 KType not verified · 1.73% of the company−83 K
- Saber Capital Managment215 KType not verified · 1.62% of the company+5,749
- ING Groep198 KBank or trading desk · 1.50% of the company+18 K
- Long Corridor Asset Managementconcentrated120 KInvestment firm · 0.91% of the company+20 K
- Eubel Brady & Suttman Asset Management118 KWealth adviser · 0.89% of the company0
- Shares
- 1.1 M
- Change
- +36 K
- % of the company
- 8.11%
See more
- Type
- Bank or trading desk
- Value
- $104M
- Shares
- 608 K
- Change
- −8,633
- % of the company
- 4.59%
See more
- Type
- Bank or trading desk
- Value
- $59.0M
- Shares
- 592 K
- Change
- −21 K
- % of the company
- 4.47%
See more
- Type
- Wealth adviser
- Value
- $57.4M
- Shares
- 349 K
- Change
- +165 K
- % of the company
- 2.64%
See more
- Type
- Bank or trading desk
- Value
- $33.9M
- Solidarity Wealth
- Shares
- 260 K
- Change
- +25 K
- % of the company
- 1.97%
See more
- Type
- Wealth adviser
- Value
- $25.3M
- Progeny 3concentrated
- Shares
- 229 K
- Change
- −83 K
- % of the company
- 1.73%
See more
- Type
- Type not verified
- Value
- $22.3M
- Saber Capital Managment
- Shares
- 215 K
- Change
- +5,749
- % of the company
- 1.62%
See more
- Type
- Type not verified
- Value
- $20.9M
- Shares
- 198 K
- Change
- +18 K
- % of the company
- 1.50%
See more
- Type
- Bank or trading desk
- Value
- $19.2M
- Long Corridor Asset Managementconcentrated
- Shares
- 120 K
- Change
- +20 K
- % of the company
- 0.91%
See more
- Type
- Investment firm
- Value
- $11.6M
- Eubel Brady & Suttman Asset Management
- Shares
- 118 K
- Change
- 0
- % of the company
- 0.89%
See more
- Type
- Wealth adviser
- Value
- $11.4M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Fundamentals
12-month figures to Sep 30, 2026 · balance sheet as of Sep 30, 2026.
- Operating margin
- —
- Net margin
- —
- ROE
- 15.3%
- Revenue (TTM)
- —
- Revenue growth
- —
- Net income (TTM)
- $102M
- Net debt / EBITDA
- −0.3x
- Free cash flow (TTM)
- —
- Quality vs sector
- —
This company's sector comes from its SIC code, unreviewed, or has too few comparable companies: we do not compare it with its sector.
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- 1.59
- Interest coverage (operating income ÷ interest)
- 18.1 timesfiscal 2025
- Debt due within 12 months
- $14.3M0.28 times cash and investments
- Year 1$14.3M
- Year 2$0
- Year 3$0
- Year 4$18.9M
- Year 5$0
- Later$0
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
- Goldman Sachs Group4.7%(fell below 5%)13G · amendmentfiling ↗Event: Mar 31, 2026 · filed: May 12, 2026
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
All material events (8-K)
Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.
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