Pinnacle Wealth Management Boosts Netflix Stake by Over 900%

The investment firm significantly increased its holdings in the streaming giant during the fourth quarter.

Apr. 2, 2026 at 10:05am

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Pinnacle Wealth Management LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 902.4% during the fourth quarter, according to a recent filing with the Securities and Exchange Commission. The firm now owns 18,985 shares of the internet television network's stock, worth approximately $1.78 million.

Why it matters

This substantial increase in Pinnacle Wealth Management's Netflix holdings suggests the firm sees significant upside potential in the stock, even as the broader market has been volatile. Netflix remains a dominant player in the streaming space, but faces growing competition from rivals like Disney+ and Amazon Prime Video.

The details

Pinnacle Wealth Management's Netflix position now accounts for 1.2% of its total investment portfolio, making it the firm's 29th largest holding. The firm acquired an additional 17,091 Netflix shares during the fourth quarter, bringing its total position to 18,985 shares.

  • Pinnacle Wealth Management filed its latest 13F report with the SEC on April 2, 2026, disclosing the increased Netflix stake.
  • The firm's Netflix holdings were valued at $1.78 million as of the end of the fourth quarter of 2025.

The players

Pinnacle Wealth Management LLC

An investment management firm that oversees approximately $150 million in client assets.

Netflix, Inc.

A global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content.

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The takeaway

Pinnacle Wealth Management's substantial increase in its Netflix holdings suggests the firm believes the streaming giant still has room for growth, even as it faces heightened competition in the crowded video streaming landscape.