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Institutional Ownership · SEC Form 13F

Who owns BIV (BIV)


Which tracked institutional funds hold BIV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BIV company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,001
Institutional holders
240,026,258
Shares held (tracked funds)

How the tape is positioned

286 tracked funds added or opened BIV while 124 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

BIV’s largest tracked holder by dollar value, WELLS FARGO & COMPANY/MN, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 0.3pp gap the other way — the median holder sizes BIV more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in BIV divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 1001 tracked filers holding BIV, 623 increased or opened the position and 332 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in BIV between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 39

  • TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$178M
  • VANGUARD ADVISERS INC$68M
  • BANK HAPOALIM BM$40M
  • SOUTHERN MICHIGAN BANK & TRUST$33M
  • Tandem Financial, LLC$23M
  • Vertrix Wealth Management, LLC$11M

Full exits 36

  • Diana Davis Spencer Foundation$111M
  • COMERICA BANK$106M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$68M
  • VANGUARD GROUP INC$65M
  • Penserra Capital Management LLC$15M
  • CAPITAL INSIGHT PARTNERS, LLC$15M

Largest adds

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$930M
  • ENVESTNET ASSET MANAGEMENT INC$507M
  • GOLDMAN SACHS GROUP INC$179M
  • WELLS FARGO & COMPANY/MN$155M
  • EP Wealth Advisors, LLC$118M
  • FIFTH THIRD BANCORP$106M

Largest trims

  • TIAA TRUST, NATIONAL ASSOCIATION$194M
  • Envestnet Portfolio Solutions, Inc.$140M
  • WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$44M
  • Cooper Financial Group$38M
  • Strategic Advocates LLC$27M
  • Heartwood Wealth Advisors LLC$17M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
WELLS FARGO & COMPANY/MN added27,764,129$2.1B13.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added23,554,417$1.8B11.5%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added12,069,986$932M5.9%2026-Q1
GOLDMAN SACHS GROUP INC added10,357,175$799M5.1%2026-Q1
EP Wealth Advisors, LLC added10,240,765$790M5.0%2026-Q1
MORGAN STANLEY added8,326,313$643M4.1%2026-Q1
BANK OF AMERICA CORP /DE/ added7,183,505$554M3.5%2026-Q1
Baird Financial Group, Inc. added5,596,477$432M2.7%2026-Q1
True Link Financial Advisors, LLC added5,357,768$414M2.6%2026-Q1
LPL Financial LLC added5,283,152$408M2.6%2026-Q1
AMERIPRISE FINANCIAL INC trimmed4,201,316$324M2.1%2026-Q1
MATHER GROUP, LLC. added3,700,472$286M1.8%2026-Q1
UNITED CAPITAL FINANCIAL ADVISORS, LLC added3,697,194$285M1.8%2026-Q1
JONES FINANCIAL COMPANIES LLLP added3,109,181$238M1.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added2,523,280$195M1.2%2026-Q1
TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new2,304,912$178M1.1%2026-Q1
LINCOLN NATIONAL CORP added2,185,893$169M1.1%2026-Q1
ROYAL BANK OF CANADA added2,086,383$161M1.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed2,065,521$159M1.0%2026-Q1
Mariner, LLC added2,000,360$154M1.0%2026-Q1
Zhang Financial LLC added1,890,146$146M0.9%2026-Q1
Retirement Investment Advisors, Inc.1,716,738$134M0.8%2026-Q1
Cetera Investment Advisers added1,704,946$132M0.8%2026-Q1
UBS Group AG trimmed1,701,195$131M0.8%2026-Q1
Bank of New York Mellon Corp added1,500,572$116M0.7%2026-Q1
FIFTH THIRD BANCORP added1,496,862$116M0.7%2026-Q1
FMR LLC added1,434,660$111M0.7%2026-Q1
Efficient Advisors, LLC added1,414,410$109M0.7%2026-Q1
BCM ADVISORS, LLC trimmed1,264,392$97M0.6%2026-Q1
PEAPACK GLADSTONE FINANCIAL CORP added1,253,183$97M0.6%2026-Q1
American Trust added1,240,393$96M0.6%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added1,232,952$95M0.6%2026-Q1
Cerity Partners LLC added1,208,682$93M0.6%2026-Q1
TRUIST FINANCIAL CORP trimmed1,208,391$93M0.6%2026-Q1
Creative Planning added1,128,425$87M0.6%2026-Q1
Rockefeller Capital Management L.P. added1,087,410$84M0.5%2026-Q1
Cambridge Investment Research Advisors, Inc. added1,050,401$81M0.5%2026-Q1
Family Investment Center, Inc. added966,958$75M0.5%2026-Q1
JPMORGAN CHASE & CO added952,304$73M0.5%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed939,709$72M0.5%2026-Q1
BANK OF MONTREAL /CAN/ trimmed883,809$68M0.4%2026-Q1
VANGUARD ADVISERS INC new880,949$68M0.4%2026-Q1
WIT, LLC added861,173$66M0.4%2026-Q1
World Investment Advisors added789,396$61M0.4%2026-Q1
Private Advisor Group, LLC added770,358$59M0.4%2026-Q1
Discipline Wealth Solutions, LLC added728,902$56M0.4%2026-Q1
Cranbrook Wealth Management, LLC added718,274$55M0.4%2026-Q1
US BANCORP \DE\ trimmed704,047$54M0.3%2026-Q1
49 WEALTH MANAGEMENT, LLC added688,532$53M0.3%2026-Q1
Verus Financial Partners, Inc. added671,968$52M0.3%2026-Q1
Sage Financial Management Group, Inc. added670,494$52M0.3%2026-Q1
Cannon Financial Strategists, Inc. added657,468$51M0.3%2026-Q1
Scott Capital Advisors, LLC added640,986$49M0.3%2026-Q1
Janney Montgomery Scott LLC added627,777$48M0.3%2026-Q1
Beacon Capital Management, Inc. trimmed621,147$48M0.3%2026-Q1
MFA WEALTH ADVISORS, LLC added614,849$47M0.3%2026-Q1
Reliant Wealth Planning added611,089$47M0.3%2026-Q1
STEPHENS INC /AR/ added609,591$47M0.3%2026-Q1
Francis Financial, Inc. added606,080$47M0.3%2026-Q1
Cornerstone Planning Group LLC added585,094$45M0.3%2026-Q1
MML INVESTORS SERVICES, LLC trimmed570,080$44M0.3%2026-Q1
STIFEL FINANCIAL CORP trimmed541,004$42M0.3%2026-Q1
Badgley Phelps Wealth Managers, LLC added514,947$40M0.3%2026-Q1
BANK HAPOALIM BM added514,490$40M0.3%2026-Q1
SHERMAN PORFOLIOS, LLC added509,371$39M0.2%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added501,073$39M0.2%2026-Q1
Franklin, Parlapiano, Turner & Welch, LLC added492,744$38M0.2%2026-Q1
PINKERTON WEALTH, LLC trimmed488,685$38M0.2%2026-Q1
BetterWealth, LLC added481,986$37M0.2%2026-Q1
CITIZENS FINANCIAL GROUP INC/RI added481,189$37M0.2%2026-Q1
Farther Finance Advisors, LLC trimmed478,577$37M0.2%2026-Q1
HighTower Advisors, LLC trimmed470,504$36M0.2%2026-Q1
LVW Advisors, LLC added465,127$36M0.2%2026-Q1
Farmers & Merchants Trust Co of Chambersburg PA456,340$36M0.2%2026-Q1
&PARTNERS added457,524$35M0.2%2026-Q1
Envestnet Portfolio Solutions, Inc. trimmed450,631$35M0.2%2026-Q1
CARY STREET PARTNERS FINANCIAL LLC added486,860$35M0.2%2026-Q1
Geneos Wealth Management Inc. added435,277$34M0.2%2026-Q1
BRIGHTON SECURITIES CORP. added434,815$34M0.2%2026-Q1
Avior Wealth Management, LLC added434,553$34M0.2%2026-Q1
SOUTHERN MICHIGAN BANK & TRUST new433,773$33M0.2%2026-Q1
Gordian Advisors LLC added427,134$33M0.2%2026-Q1
Midwest Trust Co trimmed424,297$33M0.2%2026-Q1
Wealthfront Advisers LLC added422,176$33M0.2%2026-Q1
Modera Wealth Management, LLC trimmed418,748$32M0.2%2026-Q1
Thrivent Financial for Lutherans added400,062$31M0.2%2026-Q1
CAPTRUST FINANCIAL ADVISORS added399,186$31M0.2%2026-Q1
Seneschal Advisors, LLC added396,820$31M0.2%2026-Q1
Wescott Financial Advisory Group, LLC added390,234$30M0.2%2026-Q1
FPC INVESTMENT ADVISORY, INC. added388,406$30M0.2%2026-Q1
Grey Fox Wealth Advisors, LLC added389,586$30M0.2%2026-Q1
ACORN CREEK CAPITAL LLC added375,206$29M0.2%2026-Q1
Roundview Capital LLC added373,251$29M0.2%2026-Q1
Diana Davis Spencer Foundation1,426,000$111M0.7%2025-Q4 stale
COMERICA BANK added1,364,610$106M0.7%2025-Q4 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP added872,963$68M0.4%2025-Q4 stale
VANGUARD GROUP INC added839,116$65M0.4%2025-Q4 stale
Willow Creek Wealth Management Inc. added489,501$38M0.2%2025-Q3 stale
Burt Wealth Advisors added458,065$36M0.2%2025-Q3 stale
CAROLINAS WEALTH CONSULTING LLC trimmed403,218$31M0.2%2025-Q1 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership