Tree Line Advisors’s Nebius Group N.V. NBIS Stock Holding History

Tree Line Advisors’s Portfolio NBIS Stock Details NBIS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$193M	Sell	700,000 -370,000	-35%	-$73.3M	55.05%	1
2026 Q1	$98.7M	Hold	1,070,000	–	–	42.44%	1
2025 Q4	$89.6M	Hold	1,070,000	–	–	20.41%	2
2025 Q3	$118M	Hold	1,070,000	–	–	21.54%	2
2025 Q2	$59.2M	Hold	1,070,000	–	–	15.42%	3
2025 Q1	$22.6M	Buy	1,070,000 +70,000	+7%	+$2.3M	5.64%	7
2024 Q4	$27.7M	Buy	+1,000,000	New	+$24.4M	5.21%	9

Other funds holding NBIS

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

VARA

Value Aligned Research Advisors Princeton, New Jersey $40.1B AUM 376.19% 1-Year Est. Return

FAM

Fred Alger Management New York $30B AUM 76.99% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Situational Awareness San Francisco, California $20.2B AUM 612.59% 1-Year Est. Return

LPC

Lone Pine Capital Greenwich, Connecticut $16.4B AUM 99.7% 1-Year Est. Return

Tree Line Advisors's NBIS Position: Q2 2026 in Review

Tree Line Advisors reduced its Nebius Group N.V. (NBIS) stake by 35% in Q2 2026, selling an estimated $73.3M and leaving 700,000 shares worth $193M. The position accounts for 55.05% of the portfolio, ranked #1.

Tree Line Advisors first reported a position in NBIS in Q4 2024 and has held it in 7 quarters since. 1,063 funds tracked by Wall St. Rank hold NBIS as of Q2 2026.

Tree Line Advisors held 700,000 shares of Nebius Group N.V. worth $193M as of Q2 2026.
Tree Line Advisors sold 370,000 Nebius Group N.V. shares in Q2 2026, an estimated $73.3M.
Nebius Group N.V. made up 55.05% of Tree Line Advisors's portfolio in Q2 2026, its #1 holding.
Tree Line Advisors first reported a position in Nebius Group N.V. in Q4 2024 and has held it in 7 quarters since.
1,063 funds tracked by Wall St. Rank held Nebius Group N.V. as of Q2 2026.

Based on Tree Line Advisors's 13F filing for Q2 2026, filed 12 Aug 2026.