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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN added | 27,764,129 | $2.1B | 13.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 23,554,417 | $1.8B | 11.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 12,069,986 | $932M | 5.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 10,357,175 | $799M | 5.1% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 10,240,765 | $790M | 5.0% | 2026-Q1 |
| MORGAN STANLEY added | 8,326,313 | $643M | 4.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 7,183,505 | $554M | 3.5% | 2026-Q1 |
| Baird Financial Group, Inc. added | 5,596,477 | $432M | 2.7% | 2026-Q1 |
| True Link Financial Advisors, LLC added | 5,357,768 | $414M | 2.6% | 2026-Q1 |
| LPL Financial LLC added | 5,283,152 | $408M | 2.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 4,201,316 | $324M | 2.1% | 2026-Q1 |
| MATHER GROUP, LLC. added | 3,700,472 | $286M | 1.8% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 3,697,194 | $285M | 1.8% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 3,109,181 | $238M | 1.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,523,280 | $195M | 1.2% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 2,304,912 | $178M | 1.1% | 2026-Q1 |
| LINCOLN NATIONAL CORP added | 2,185,893 | $169M | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,086,383 | $161M | 1.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 2,065,521 | $159M | 1.0% | 2026-Q1 |
| Mariner, LLC added | 2,000,360 | $154M | 1.0% | 2026-Q1 |
| Zhang Financial LLC added | 1,890,146 | $146M | 0.9% | 2026-Q1 |
| Retirement Investment Advisors, Inc. | 1,716,738 | $134M | 0.8% | 2026-Q1 |
| Cetera Investment Advisers added | 1,704,946 | $132M | 0.8% | 2026-Q1 |
| UBS Group AG trimmed | 1,701,195 | $131M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,500,572 | $116M | 0.7% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 1,496,862 | $116M | 0.7% | 2026-Q1 |
| FMR LLC added | 1,434,660 | $111M | 0.7% | 2026-Q1 |
| Efficient Advisors, LLC added | 1,414,410 | $109M | 0.7% | 2026-Q1 |
| BCM ADVISORS, LLC trimmed | 1,264,392 | $97M | 0.6% | 2026-Q1 |
| PEAPACK GLADSTONE FINANCIAL CORP added | 1,253,183 | $97M | 0.6% | 2026-Q1 |
| American Trust added | 1,240,393 | $96M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,232,952 | $95M | 0.6% | 2026-Q1 |
| Cerity Partners LLC added | 1,208,682 | $93M | 0.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 1,208,391 | $93M | 0.6% | 2026-Q1 |
| Creative Planning added | 1,128,425 | $87M | 0.6% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 1,087,410 | $84M | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 1,050,401 | $81M | 0.5% | 2026-Q1 |
| Family Investment Center, Inc. added | 966,958 | $75M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 952,304 | $73M | 0.5% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 939,709 | $72M | 0.5% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 883,809 | $68M | 0.4% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 880,949 | $68M | 0.4% | 2026-Q1 |
| WIT, LLC added | 861,173 | $66M | 0.4% | 2026-Q1 |
| World Investment Advisors added | 789,396 | $61M | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC added | 770,358 | $59M | 0.4% | 2026-Q1 |
| Discipline Wealth Solutions, LLC added | 728,902 | $56M | 0.4% | 2026-Q1 |
| Cranbrook Wealth Management, LLC added | 718,274 | $55M | 0.4% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 704,047 | $54M | 0.3% | 2026-Q1 |
| 49 WEALTH MANAGEMENT, LLC added | 688,532 | $53M | 0.3% | 2026-Q1 |
| Verus Financial Partners, Inc. added | 671,968 | $52M | 0.3% | 2026-Q1 |
| Sage Financial Management Group, Inc. added | 670,494 | $52M | 0.3% | 2026-Q1 |
| Cannon Financial Strategists, Inc. added | 657,468 | $51M | 0.3% | 2026-Q1 |
| Scott Capital Advisors, LLC added | 640,986 | $49M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 627,777 | $48M | 0.3% | 2026-Q1 |
| Beacon Capital Management, Inc. trimmed | 621,147 | $48M | 0.3% | 2026-Q1 |
| MFA WEALTH ADVISORS, LLC added | 614,849 | $47M | 0.3% | 2026-Q1 |
| Reliant Wealth Planning added | 611,089 | $47M | 0.3% | 2026-Q1 |
| STEPHENS INC /AR/ added | 609,591 | $47M | 0.3% | 2026-Q1 |
| Francis Financial, Inc. added | 606,080 | $47M | 0.3% | 2026-Q1 |
| Cornerstone Planning Group LLC added | 585,094 | $45M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 570,080 | $44M | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 541,004 | $42M | 0.3% | 2026-Q1 |
| Badgley Phelps Wealth Managers, LLC added | 514,947 | $40M | 0.3% | 2026-Q1 |
| BANK HAPOALIM BM added | 514,490 | $40M | 0.3% | 2026-Q1 |
| SHERMAN PORFOLIOS, LLC added | 509,371 | $39M | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 501,073 | $39M | 0.2% | 2026-Q1 |
| Franklin, Parlapiano, Turner & Welch, LLC added | 492,744 | $38M | 0.2% | 2026-Q1 |
| PINKERTON WEALTH, LLC trimmed | 488,685 | $38M | 0.2% | 2026-Q1 |
| BetterWealth, LLC added | 481,986 | $37M | 0.2% | 2026-Q1 |
| CITIZENS FINANCIAL GROUP INC/RI added | 481,189 | $37M | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 478,577 | $37M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 470,504 | $36M | 0.2% | 2026-Q1 |
| LVW Advisors, LLC added | 465,127 | $36M | 0.2% | 2026-Q1 |
| Farmers & Merchants Trust Co of Chambersburg PA | 456,340 | $36M | 0.2% | 2026-Q1 |
| &PARTNERS added | 457,524 | $35M | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 450,631 | $35M | 0.2% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 486,860 | $35M | 0.2% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 435,277 | $34M | 0.2% | 2026-Q1 |
| BRIGHTON SECURITIES CORP. added | 434,815 | $34M | 0.2% | 2026-Q1 |
| Avior Wealth Management, LLC added | 434,553 | $34M | 0.2% | 2026-Q1 |
| SOUTHERN MICHIGAN BANK & TRUST new | 433,773 | $33M | 0.2% | 2026-Q1 |
| Gordian Advisors LLC added | 427,134 | $33M | 0.2% | 2026-Q1 |
| Midwest Trust Co trimmed | 424,297 | $33M | 0.2% | 2026-Q1 |
| Wealthfront Advisers LLC added | 422,176 | $33M | 0.2% | 2026-Q1 |
| Modera Wealth Management, LLC trimmed | 418,748 | $32M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 400,062 | $31M | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 399,186 | $31M | 0.2% | 2026-Q1 |
| Seneschal Advisors, LLC added | 396,820 | $31M | 0.2% | 2026-Q1 |
| Wescott Financial Advisory Group, LLC added | 390,234 | $30M | 0.2% | 2026-Q1 |
| FPC INVESTMENT ADVISORY, INC. added | 388,406 | $30M | 0.2% | 2026-Q1 |
| Grey Fox Wealth Advisors, LLC added | 389,586 | $30M | 0.2% | 2026-Q1 |
| ACORN CREEK CAPITAL LLC added | 375,206 | $29M | 0.2% | 2026-Q1 |
| Roundview Capital LLC added | 373,251 | $29M | 0.2% | 2026-Q1 |
| Diana Davis Spencer Foundation | 1,426,000 | $111M | 0.7% | 2025-Q4 stale |
| COMERICA BANK added | 1,364,610 | $106M | 0.7% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 872,963 | $68M | 0.4% | 2025-Q4 stale |
| VANGUARD GROUP INC added | 839,116 | $65M | 0.4% | 2025-Q4 stale |
| Willow Creek Wealth Management Inc. added | 489,501 | $38M | 0.2% | 2025-Q3 stale |
| Burt Wealth Advisors added | 458,065 | $36M | 0.2% | 2025-Q3 stale |
| CAROLINAS WEALTH CONSULTING LLC trimmed | 403,218 | $31M | 0.2% | 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.
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.