ImpinjPI

13F holders, Q2 2025 (June 30)
293holders +17
63new positions
46sold out
6famous investors
$111.13avg. 13F price*

At the end of Q2 2025, 293 institutions reported holding Impinj Inc. (PI) in their 13F filings, up 17 from Q1 2025. 63 opened new positions and 46 sold out. The largest holders were FMR LLC ($480.0M), BlackRock, Inc. ($429.9M) and Vanguard Group Inc. ($390.9M). 6 famous investors held it, including Alex Sacerdote (1.4% of Whale Rock Capital Management's portfolio), Steve Cohen (0.1% of Point72 Asset Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Impinj Inc.
CUSIP
453204109
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 228Q1 2024Q2 2024: 273Q2 2024Q3 2024: 322Q3 2024Q4 2024: 317Q4 2024Q1 2025: 276Q1 2025Q2 2025: 293Q2 2025Q3 2025: 322Q3 2025Q4 2025: 328Q4 2025Q1 2026: 291Q1 2026Q2 2026: 316Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions63$78.0M
Exits46$109.2M

All 13F filers, Q1 2025 → Q2 2025: 3,481,286 shares bought and 3,015,594 shares sold, net +465,692 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 293 holders

FMR LLC 0.03% Add +1.6% 4,321,801 $480.0M
BlackRock, Inc. 0.01% Add +3.7% 3,870,546 $429.9M
Vanguard Group Inc. 0.01% Add +4.1% 3,519,349 $390.9M
Sylebra Capital LLC 9.63% No change 2,129,260 $236.5M
Capital International Investors 0.03% Add +2.4% 1,564,251 $173.7M
State Street Corp. 0.01% Add +1.4% 1,215,065 $135.0M
Whale Rock Capital Management 1.37% Reduce -28.1% 886,098 $98.4M
Invesco Ltd. 0.02% Add +124.2% 815,607 $90.6M
Morgan Stanley 0.01% Add +40.3% 757,246 $84.1M
Capital World Investors 0.01% No change 754,346 $83.8M
Chevy Chase Trust Holdings, LLC 0.24% Add +1.1% 740,081 $82.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% Reduce -29.6% 684,571 $76.0M
Ameriprise Financial Inc. 0.02% Add +3.1% 641,684 $71.3M
Geode Capital Management, LLC 0.00% Add +7.7% 596,874 $66.3M
T. Rowe Price Associates Inc. 0.01% Add +101.4% 446,545 $49.6M
Janus Henderson Group PLC 0.02% Reduce -17.2% 405,142 $45.0M
Point72 Asset Management 0.09% Reduce -53.3% 317,103 $35.2M
American Century Companies Inc. 0.02% Add +86.9% 306,456 $34.0M
Northern Trust Corp. 0.00% Add +20.4% 303,403 $33.7M
UBS Group AG 0.01% Add +188.0% 293,564 $32.6M
Fred Alger Management, LLC 0.14% Add +72.7% 290,913 $32.3M
Nuveen, LLC 0.01% Add +221.7% 283,538 $31.5M
Allspring Global Investments Holdings, LLC 0.05% Add +8.2% 264,047 $29.6M
Goldman Sachs Group Inc. 0.00% Reduce -6.7% 260,494 $28.9M
Jennison Associates LLC 0.02% Reduce -1.9% 248,994 $27.7M
Royce & Associates LP 0.26% Add +5.3% 229,202 $25.5M
Charles Schwab Investment Management Inc. 0.00% Add +6.7% 228,893 $25.4M
Toronado Partners, LLC 15.56% Reduce -8.9% 197,441 $21.9M
Raymond James Financial Inc. 0.01% Add +25.7% 188,034 $20.9M
AWM Investment Company, Inc. 2.22% Reduce -18.3% 178,173 $19.8M
Bank of America Corp. 0.00% Add +180.9% 159,592 $17.7M
Emerald Advisers, LLC 0.64% Add +3.8% 157,919 $17.5M
Rockefeller Capital Management L.P. 0.03% Reduce -1.6% 142,195 $15.8M
Bank of New York Mellon Corp 0.00% Reduce -18.3% 139,761 $15.5M
AXA S.A. 0.04% Reduce -1.5% 125,842 $14.0M
Tidal Investments LLC 0.09% Reduce -1.5% 125,249 $13.9M
Principal Financial Group Inc. 0.01% Reduce -14.6% 116,643 $13.0M
Polar Asset Management Partners Inc. 0.43% New 115,645 $12.8M
Royal Bank of Canada 0.00% Add +1553.7% 112,980 $12.6M
Granite Investment Partners, LLC 0.59% New 109,480 $12.2M
Polar Capital Holdings Plc 0.06% Add +8.9% 94,544 $10.5M
Emerald Mutual Fund Advisers Trust 0.64% No change 94,017 $10.4M
Norges Bank 0.00% Reduce -65.8% 91,485 $10.2M
Capital Fund Management S.A. 0.11% Add +1.5% 87,265 $9.7M
Millennium Management 0.01% Add +1735.6% 81,740 $9.1M
Deutsche Bank AG 0.00% Reduce -38.5% 81,730 $9.1M
Public Sector Pension Investment Board 0.04% Add +9.2% 80,011 $8.9M
Wasatch Advisors LP 0.05% New 78,462 $8.7M
Thrivent Financial for Lutherans 0.02% Reduce -44.4% 77,347 $8.6M
JPMorgan Chase & Co. 0.00% Add +59.1% 76,432 $8.5M
Citadel Advisors 0.01% Add +254.9% 71,177 $7.9M
Rhumbline Advisers 0.01% Add +11.4% 69,207 $7.7M
Legal & General Group Plc 0.00% Add +0.4% 66,546 $7.4M
State of Wisconsin Investment Board 0.02% Add +2.4% 61,701 $6.9M
Sei Investments Co. 0.01% Reduce -1.9% 60,118 $6.7M
Peregrine Investment Management Inc. 4.18% No change 58,890 $6.5M
Barclays PLC 0.00% Add +66.1% 51,911 $5.8M
Renaissance Group LLC 0.22% Add +30.3% 51,462 $5.7M
ExodusPoint Capital Management, LP 0.07% New 50,091 $5.6M
Swiss National Bank 0.00% Reduce -0.4% 49,100 $5.5M
Envestnet Asset Management Inc. 0.00% Add +41.1% 46,208 $5.1M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% Reduce -12.3% 44,273 $4.9M
Nordea Investment Management AB 0.00% Reduce -0.6% 42,981 $4.9M
Prudential Financial Inc. 0.01% Add +9.0% 24,667 $4.3M
Verition Fund Management LLC 0.02% Add +1115.9% 36,111 $4.0M
Stephens Investment Management Group LLC 0.05% New 35,784 $4.0M
Kennedy Capital Management LLC 0.09% Add +1.7% 34,571 $3.8M
Marshall Wace, LLP 0.00% New 34,508 $3.8M
Alliancebernstein L.P. 0.00% Add +27.8% 33,936 $3.8M
Lisanti Capital Growth, LLC 1.04% New 33,635 $3.7M
Susquehanna International Group, LLP 0.01% Reduce -39.7% 31,280 $3.5M
Balyasny Asset Management L.P. 0.01% New 30,076 $3.3M
Citigroup Inc. 0.00% Reduce -24.2% 29,337 $3.3M
California State Teachers Retirement System 0.00% Add +1.5% 27,444 $3.0M
Algert Global LLC 0.06% Add +45.0% 27,312 $3.0M
Cooper Creek Partners Management LLC 0.10% No change 25,905 $2.9M
Aberdeen Group plc 0.00% Add +26.1% 25,378 $2.9M
Gilder Gagnon Howe & Co. LLC 0.03% Add +2.4% 25,217 $2.8M
Cubist Systematic Strategies, LLC 0.03% New 25,138 $2.8M
CANADA LIFE ASSURANCE Co 0.00% Add +0.9% 24,619 $2.7M
Twinbeech Capital LP 0.06% New 24,466 $2.7M
Wells Fargo & Company 0.00% Add +14.1% 24,310 $2.7M
Franklin Resources Inc. 0.00% Reduce -4.7% 24,119 $2.7M
Taylor Frigon Capital Management LLC 1.40% Reduce -6.3% 23,680 $2.6M
Brevan Howard Capital Management LP 0.03% Add +30.9% 23,405 $2.6M
Ironwood Investment Management LLC 1.25% Reduce -3.1% 23,055 $2.6M
Engineers Gate Manager LP 0.03% New 22,836 $2.5M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Reduce -58.6% 22,608 $2.5M
Creative Planning 0.00% Add +10.8% 22,300 $2.5M
Lazard Asset Management LLC 0.00% Reduce -51.2% 20,768 $2.3M
Pachira Investments Inc. 1.72% No change 20,504 $2.3M
New York State Common Retirement Fund 0.00% Add +171.2% 20,478 $2.3M
WINTON GROUP Ltd 0.11% New 20,099 $2.2M
LPL Financial LLC 0.00% Add +13.0% 17,174 $1.9M
Intech Investment Management LLC 0.02% Add +2.4% 17,107 $1.9M
Wealth Enhancement Advisory Services, LLC 0.00% Add +5.6% 16,064 $1.9M
Victory Capital Management Inc. 0.00% Reduce -8.2% 16,375 $1.8M
State of New Jersey Common Pension Fund D 0.01% New 16,348 $1.8M
K.J. Harrison & Partners Inc 0.30% No change 16,200 $1.8M
BNP Paribas Financial Markets 0.00% Add +703.1% 15,998 $1.8M
MetLife Investment Management, LLC 0.01% Add +13.6% 15,495 $1.7M
Wellington Management Group LLP 0.00% New 14,469 $1.6M
Manufacturers Life Insurance Company, The 0.00% Add +16.7% 14,442 $1.6M
Voya Investment Management LLC 0.00% Add +128.1% 14,010 $1.6M
State of Tennessee, Department of Treasury 0.01% Add +38.5% 13,959 $1.6M
State of Alaska, Department of Revenue 0.02% Add +9.1% 13,969 $1.6M
Holocene Advisors, LP 0.00% Add +7.7% 13,577 $1.5M
Generali Investments Towarzystwo Funduszy Inwestycyjnych 0.78% Add +28.6% 13,500 $1.5M
Captrust Financial Advisors 0.00% Add +4.3% 13,455 $1.5M
D. E. Shaw & Co. 0.00% Reduce -51.0% 13,445 $1.5M
Prelude Capital Management, LLC 0.12% Add +18.9% 11,158 $1.2M
Louisiana State Employees Retirement System 0.02% Add +0.9% 11,000 $1.2M
HSBC Holdings PLC 0.00% Add +195.7% 10,810 $1.2M
Comerica Bank 0.00% Add +2.2% 10,659 $1.2M
AQR Capital Management 0.00% Add +320.8% 10,039 $1.1M
Cambridge Investment Research Advisors, Inc. 0.00% Add +15.6% 9,444 $1.0M
Truist Financial Corp. 0.00% Add +71.1% 9,065 $1.0M
Auxano Advisors, LLC 0.23% No change 8,811 $979K
Yousif Capital Management, LLC 0.01% Add +2.6% 8,752 $972K
Legato Capital Management LLC 0.11% New 8,645 $960K
Ensign Peak Advisors, Inc 0.00% Reduce -7.1% 7,873 $874K
State Board of Administration of Florida Retirement System 0.00% Add +73.2% 7,870 $874K
Cetera Investment Advisers 0.00% Add +36.2% 7,846 $871K
Susquehanna Portfolio Strategies, LLC 0.02% New 7,841 $871K
Coldstream Capital Management Inc. 0.01% Add +454.5% 7,552 $839K
Arizona State Retirement System 0.00% Add +2.4% 7,467 $829K
DNB Asset Management AS 0.00% Add +39.6% 7,306 $811K
VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% Add +143.3% 7,300 $811K
Advisory Research Inc. 0.12% Add +7.5% 7,124 $791K
Teachers Retirement System of the State of Kentucky 0.01% Reduce -7.0% 7,071 $786K
Van Eck Associates Corp. 0.00% Add +21.9% 7,042 $782K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +0.7% 7,039 $782K
Los Angeles Capital Management LLC 0.00% Add +207.6% 6,965 $774K
Maryland State Retirement & Pension System 0.02% Add +2.5% 6,899 $766K
U.S. Capital Wealth Advisors, LLC 0.02% Reduce -44.0% 6,885 $765K
Amalgamated Bank 0.01% Add +1.1% 6,670 $741K
Summit Partners Public Asset Management, LLC 0.03% New 6,500 $722K
Cwm, LLC 0.00% Add +10.3% 6,415 $713K
Guggenheim Capital LLC 0.01% Reduce -7.5% 6,326 $703K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Add +8.9% 6,027 $669K
Handelsbanken Fonder AB 0.00% Add +7.1% 6,000 $666K
Jamison Private Wealth Management, Inc. 0.10% Add +45.0% 5,984 $665K
Police & Firemen's Retirement System of New Jersey 0.01% Add +17.4% 5,912 $657K
Dynamic Technology Lab Private Ltd 0.09% New 5,866 $652K
MML Investors Services, LLC 0.00% Add +19.8% 5,859 $651K
ProShare Advisors LLC 0.00% Add +6.4% 5,752 $639K
Two Sigma Securities, LLC 0.08% Add +80.3% 5,561 $618K
New York State Teachers Retirement System 0.00% No change 5,500 $611K
KLP Kapitalforvaltning As 0.00% Add +14.9% 5,400 $600K
Oregon Public Employees Retirement Fund 0.01% Add +1.9% 5,363 $596K
Sender Co & Partners, Inc. 0.16% New 5,198 $577K
Federated Hermes, Inc. 0.00% No change 5,142 $571K
Aries Wealth Management 0.15% Reduce -2.5% 5,000 $555K
NJ State Employees Deferred Compensation Plan 0.07% No change 5,000 $555K
Occudo Quantitative Strategies LP 0.06% New 4,910 $545K
Regal Investment Advisors LLC 0.04% Add +1.9% 4,881 $542K
SFE Investment Counsel 0.09% Add +6.7% 4,800 $533K
HighTower Advisors, LLC 0.00% Reduce -3.0% 4,784 $531K
Shufro Rose & Co. LLC 0.04% No change 5,700 $517K
Two Sigma Advisers, LP 0.00% Reduce -88.9% 4,600 $511K
Stifel Financial Corp. 0.00% Add +9.0% 4,577 $508K
Two Sigma Investments, LP 0.00% Reduce -91.2% 4,326 $480K
Level Four Advisory Services, LLC 0.02% Add +11.0% 4,138 $460K
Oppenheimer Asset Management Inc. 0.01% Add +31.9% 4,068 $452K
Quantinno Capital Management LP 0.00% Add +57.6% 3,991 $443K
Bank of Montreal 0.00% Add +5.6% 3,907 $434K
Aurora Investment Managers, LLC. 0.26% No change 3,900 $433K
Teacher Retirement System of Texas 0.00% Add +4.9% 3,889 $432K
Pictet Asset Management Holding SA 0.00% Reduce -4.1% 3,712 $412K
Corient Private Wealth LP 0.00% Add +35.4% 3,699 $411K
Cynosure Group, LLC 0.05% Reduce -2.2% 3,669 $408K
Prosperity Wealth Management, Inc. 0.15% New 3,650 $405K
Garde Capital, Inc. 0.02% No change 3,550 $394K
Inspire Investing, LLC 0.04% Reduce -7.6% 3,493 $388K
Osaic Holdings, Inc. 0.00% Reduce -0.3% 3,465 $385K
PDT Partners, LLC 0.02% New 3,400 $378K
Benjamin Edwards Inc. 0.00% Add +26.5% 3,315 $368K
Cibc World Markets Corp. 0.00% Reduce -37.1% 3,200 $355K
Lido Advisors, LLC 0.00% Reduce -0.4% 3,133 $348K
Keebeck Wealth Management 0.05% New 3,115 $346K
Mutual of America Capital Management LLC 0.00% Reduce -10.4% 3,016 $335K
Eventide Asset Management, LLC 0.01% New 2,863 $318K
EP Wealth Advisors, LLC 0.00% Add +20.5% 2,755 $306K
Olympiad Research LP 0.49% New 2,726 $303K
Public Employees Retirement Association of Colorado 0.00% No change 2,722 $302K
Ameritas Investment Partners, Inc. 0.01% Add +14.2% 2,652 $295K
Prudential PLC 0.00% Reduce -32.4% 2,506 $278K
Keybank National Association 0.00% Reduce -6.9% 2,494 $277K
Capstone Investment Advisors, LLC 0.00% New 2,333 $259K
Elevation Point Wealth Partners, LLC 0.02% New 2,299 $255K
Pacific Sage Partners, LLC 0.05% Reduce -0.2% 2,247 $250K
Register Financial Advisors LLC 0.11% New 2,200 $244K
Centiva Capital, LP 0.02% New 2,200 $244K
Vident Advisory, LLC 0.00% New 2,169 $241K
Neuberger Berman Group LLC 0.00% Reduce -96.9% 2,161 $240K
Tower Research Capital LLC (TRC) 0.01% Add +425.9% 2,130 $237K
Dakota Wealth Management 0.00% New 2,097 $233K
Versant Capital Management, Inc 0.04% Reduce -6.5% 2,091 $232K
Vanguard Personalized Indexing Management, LLC 0.00% New 2,071 $230K
Verdence Capital Advisors LLC 0.02% New 2,040 $227K
Xponance LLC 0.00% New 2,037 $226K
Assenagon Asset Management S.A. 0.00% New 2,019 $224K
Moloney Securities Asset Management, LLC 0.03% New 2,000 $222K
Pathstone Holdings, LLC 0.00% New 1,996 $222K
Point72 Hong Kong Ltd 0.02% New 1,982 $220K
Dark Forest Capital Management LP 0.01% New 1,979 $220K
PNC Financial Services Group, Inc. 0.00% Add +410.1% 1,969 $219K
Kestra Private Wealth Services, LLC 0.00% New 1,899 $211K
First Bank & Trust 0.04% New 1,873 $208K
CIBC Private Wealth Group LLC 0.00% Add +85.0% 1,850 $205K
Mercer Global Advisors Inc. 0.00% Reduce -21.9% 1,838 $204K
AlphaQuest LLC 0.02% Add +16.1% 1,786 $198K
GAMMA Investing LLC 0.01% Add +124.7% 1,622 $180K
SG Americas Securities, LLC 0.00% Reduce -93.1% 1,597 $177K
US Bancorp \de 0.00% Reduce -26.2% 1,516 $168K
Nisa Investment Advisors, LLC 0.00% Add +245.4% 1,026 $114K
Whittier Trust Co. 0.00% No change 930 $103K
FNY Investment Advisers, LLC 0.04% New 802 $89K
KBC Group NV 0.00% Reduce -35.4% 793 $88K
Principal Securities, Inc. 0.00% Add +10983.3% 665 $74K
Group One Trading LLC 0.00% Add +4.9% 596 $66K
Jones Financial Companies LLLP 0.00% Add +69.0% 578 $65K
Advisors Asset Management, Inc. 0.00% Add +17.9% 579 $64K
Pacer Advisors, Inc. 0.00% Reduce -15.7% 539 $60K
SBI Securities Co., Ltd. 0.00% Add +6.8% 425 $47K
Resona Asset Management Co.,Ltd. 0.00% Reduce -74.1% 420 $47K
Brooklyn Investment Group 0.01% Add +80.7% 403 $45K
STRS Ohio 0.00% New 400 $44K
Ameritas Advisory Services, LLC 0.00% New 385 $43K
Quaker Wealth Management, LLC 0.01% — 300 $33K
Harbour Investments, Inc. 0.00% New 300 $33K
Walleye Capital LLC 0.00% New 273 $30K
Caitong International Asset Management Co., Ltd 0.02% New 254 $28K
Future Financial Wealth Managment LLC 0.02% No change 250 $28K
Federation des caisses Desjardins du Quebec 0.00% Add +11.1% 250 $28K
Walleye Trading LLC 0.00% Reduce -84.4% 249 $28K
Smartleaf Asset Management LLC 0.00% Add +21.7% 241 $27K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% New 238 $26K
IFP Advisors, Inc 0.00% Reduce -34.1% 112 $25K
NewEdge Advisors, LLC 0.00% No change 205 $23K
Spire Wealth Management 0.00% No change 200 $22K
Headlands Technologies LLC 0.00% Reduce -49.5% 196 $22K
Quarry LP 0.01% New 185 $21K
Wood Tarver Financial Group, LLC 0.01% New 181 $20K
Fifth Third Bancorp 0.00% Add +56.7% 163 $18K
Whittier Trust Co. of Nevada Inc. 0.00% No change 156 $17K
Covestor Ltd 0.01% Reduce -52.8% 150 $17K
Clearstead Advisors, LLC 0.00% Add +44.5% 146 $16K
GFG Capital, LLC 0.00% New 110 $12K
Signaturefd, LLC 0.00% Add +150.0% 110 $12K
Parallel Advisors, LLC 0.00% Add +168.3% 110 $12K
Allworth Financial LP 0.00% Add +25.6% 108 $12K
UMB Bank, n.a. 0.00% Add +206.1% 101 $11K
MAI Capital Management 0.00% No change 98 $11K
Northwestern Mutual Wealth Management Co. 0.00% Add +91.7% 92 $10K
Russell Investments Group, Ltd. 0.00% Reduce -64.9% 91 $10K
Bartlett & Co. Wealth Management LLC 0.00% No change 87 $10K
Twin Peaks Wealth Advisors, LLC 0.00% New 58 $9K
Hantz Financial Services, Inc. 0.00% Add +8200.0% 83 $9K
Bessemer Group Inc. 0.00% Add +45.6% 83 $9K
Farther Finance Advisors, LLC 0.00% Reduce -69.2% 68 $8K
Steward Partners Investment Advisory, LLC 0.00% Add +15.5% 67 $7K
Salem Investment Counselors Inc. 0.00% No change 65 $7K
Sterling Capital Management LLC 0.00% Add +162.5% 63 $7K
Huntington National Bank 0.00% Add +83.3% 55 $6K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -28.0% 54 $6K
WealthCollab, LLC 0.00% No change 52 $6K
Rothschild Investment LLC 0.00% Add +90.5% 40 $4K
Arax Advisory Partners 0.00% New 38 $4K
Brown Brothers Harriman & Co. 0.00% New 33 $4K
Global Retirement Partners, LLC 0.00% — 28 $3K
Caldwell Sutter Capital, Inc. 0.00% No change 25 $3K
Sierra Ocean, LLC 0.00% No change 20 $2K
NewSquare Capital LLC 0.00% Add +157.1% 18 $2K
Danske Bank A/S 0.00% Reduce -99.7% 17 $2K
Wilmington Savings Fund Society, FSB 0.00% New 17 $2K
Rossby Financial, LCC 0.00% New 14 $2K
Elequin Capital, LP 0.00% New 14 $2K
Farmers & Merchants Investments Inc. 0.00% No change 14 $2K
Parkside Financial Bank & Trust 0.00% Add +30.0% 13 $1K
Clearstead Trust, LLC 0.00% New 12 $1K
Assetmark, Inc. 0.00% New 12 $1K
Rise Advisors, LLC 0.00% New 11 $1K
Fortitude Family Office, LLC 0.00% New 11 $1K
Bare Financial Services, Inc 0.00% Reduce -53.3% 7 $777
Rakuten Securities, Inc. 0.00% No change 7 $777
ORG Partners LLC 0.00% New 6 $672
Bell Investment Advisors, Inc 0.00% New 5 $556
Blue Trust, Inc. 0.00% No change 5 $555
First Pacific Financial 0.00% Reduce -81.0% 4 $445
Larson Financial Group LLC 0.00% Reduce -77.8% 4 $444
TD Capital Management LLC 0.00% No change 3 $333
Abound Wealth Management 0.00% No change 1 $112

"% of holder's portfolio" is PI's weight in each manager's 13F, not the share of Impinj Inc. the manager owns.