Nordic American Tankers Limited
US ˙ NYSE ˙ BMG657731060

SecurityNAT / Nordic American Tankers Limited
InstitutionCommonwealth Equity Services, Llc
Latest Disclosed Ownership616,370 shares
Latest Disclosed Value $ 2,120,310
Commonwealth Equity Services, Llc reports 7.60% increase in ownership of NAT / Nordic American Tankers Limited

On February 12, 2026 - Commonwealth Equity Services, Llc filed a 13F-HR form disclosing ownership of 616,370 shares of Nordic American Tankers Limited (US:NAT) valued at $2,120,313 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 22, 2025 disclosing 572,860 shares of Nordic American Tankers Limited. This represents a change in shares of 7.60% during the quarter. The current value of the position is $3,242,106 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-12 2025-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 616,370 43,510 7.60 2,120 211,900.00
2025-10-22 2025-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 572,860 13,658 2.44 2 0.00 0.0023
2025-08-06 2025-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 559,202 37,837 7.26 1 0.00 0.0019
2025-05-09 2025-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 521,365 82,724 18.86 1 0.00 0.0018
2025-02-10 2024-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 438,641 109,093 33.10 1 0.00 0.0016
2024-10-18 2024-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 329,548 21,085 6.84 1 0.00 0.0018
2024-07-31 2024-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 308,463 72,139 30.53 1 0.0019
2024-04-29 2024-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 236,324 10,444 4.62 1 0.0015
2024-02-06 2023-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 225,880 55,246 32.38 1 0.0017
2023-10-23 2023-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 170,634 6,856 4.19 1 0.0015
2023-08-10 2023-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 163,778 3,454 2.15 1 0.0012
2023-05-11 2023-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 160,324 -106,885 -40.00 1 0.0013
2023-02-07 2022-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 267,209 -42,319 -13.67 1 -100.00 0.0020
2022-11-14 2022-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 309,528 43,109 16.18 826 45.68 0.0021
2022-07-19 2022-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 266,419 -2,958 -1.10 567 -1.05 0.0015
2022-05-04 2022-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 269,377 -12,490 -4.43 573 20.38 0.0013
2022-01-31 2021-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 281,867 -110,034 -28.08 476 -52.54 0.0011
2021-10-29 2021-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 391,901 72,764 22.80 1,003 -4.11 0.0025
2021-08-11 2021-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 319,137 60,723 23.50 1,046 24.67 0.0027
2021-05-04 2021-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 258,414 64,625 33.35 839 46.94 0.0024
2021-02-11 2020-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 193,789 80,865 71.61 571 44.92 0.0017
2020-11-05 2020-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 112,924 66,146 141.40 394 108.47 0.0013
2020-08-12 2020-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 46,778 -35,784 -43.34 189 -49.47 0.0007
2020-05-11 2020-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 82,562 82,562 374 0.0017
2019-05-13 2019-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 0 -11,582 -100.00 0 -100.00
2019-02-11 2018-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 11,582 -1,213 -9.48 23 -11.54 0.0001
2018-11-06 2018-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 12,795 -573 -4.29 26 -27.78 0.0001
2018-07-31 2018-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 13,368 600 4.70 36 50.00 0.0002
2018-05-14 2018-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 12,768 -98 -0.76 24 -25.00 0.0001
2018-02-12 2017-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 12,866 12,866 32 0.0002
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.