NIKE INC

NKE Q1 2026 institutional ownership is a $51.6B book across 1,852 holders. BlackRock is the largest holder at $4.8B (91.8M shares, -0.2%, -$1.02B from share DECREASED; passive rebalancing). Vanguard Capital Management $4.1B (77.4M shares, NEW); Vanguard Portfolio Management $1.5B (28.5M shares, NEW). State Street $3.2B (59.5M shares, +0.4%, -$634M from INCREASED flag with negative valueChange = accumulation into weakness). Capital World Investors $2.7B (50.5M shares, +2.9%, -$460M from same artifact pattern). Wellington Management $2.0B (38.4M shares, +18.4%, +$577K from UNCHANGED with positive valueChange = price appreciation). Susquehanna (market_maker) $1.7B (31.7M shares, +2.9%, -$282M). Geode Capital $1.5B (28.9M shares, +9.4%, -$155M). Morgan Stanley $1.2B (22.0M shares, +3.7%, -$72M). JPMorgan $1.0B (19.7M shares, -4.2%, -$426M). Capital Research Global $374M (7.1M shares, +186.5%, + $209M) -- aggressive build from $26M de minimis. Jane Street (market_maker) $918M (17.4M shares, +19.7%, -$6.5M). BNY Mellon $803M (15.2M shares, -3.8%, - $202M). Invesco $799M (15.1M shares, +9.1%, - $53M). Harris Associates $780M (14.8M shares, -3.6%, - $172M). UBS Group $768M (14.5M shares, -2.7%, - $195M). Bank of America $749M (14.2M shares, -1.3%, - $162M). Northern Trust $653M (12.4M shares, -4.3%, - $169M). Flossbach von Storch $644M (12.2M shares, -4.4%, - $169M). FMR LLC $1.1B (21.0M shares, -3.4%, - $268M). Goldman Sachs $429M (8.1M shares, -31.1%, - $322M). Diamond Hill not significant. Capital International $599M (11.3M shares, +14.8%, + $112M). RBC $608M (11.5M shares, +11.8%, + $73M). New positions: Vanguard two. Sellers: BlackRock - $1.02B, JPMorgan - $426M, Goldman - $322M, FMR - $268M, BNY Mellon - $202M, Harris - $172M, UBS Group - $195M, BofA - $162M, Northern Trust - $169M, Flossbach - $169M, State Street - $634M (from artifact pattern), Capital World - $460M (artifact). Buyers: Capital Research + $209M, Capital International + $112M, RBC + $73M, Wellington + $6M (UNCHANGED net), Susquehanna MM + $0 (share INCREASED), Morgan Stanley + $0 (net). The 75.50 whaleScore reflects AUM. Smart-money read: net-bearish on consumer-discretionary. The dominant pattern is broad institutional REDUCTION in Nike -- a cyclical consumer-discretionary name facing headwinds from (a) slowing demand for athletic apparel, (b) inventory gluts in wholesale channels, and (c) competitive pressure from smaller brands. Active managers (Goldman - $322M, JPMorgan - $426M, FMR - $268M, Harris - $172M) are broadly rotating away from consumer cyclicals into staples/defensive names (see CL bullish). Capital Research' $209M build is the only material active add and is from a de minimis base. Net read: cautious-to-bearish on NKE -- consistent with the broader Q1 2026 rotation OUT of consumer-discretionary and INTO staples/energy/semiconductors.