Who owns IAPR
Which tracked institutional funds hold IAPR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IAPR 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
9 tracked funds added or opened IAPR while 9 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
IAPR’s largest tracked holder by dollar value, Composition Wealth, LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IAPR 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 102 tracked filers holding IAPR, 45 increased or opened the position and 45 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 IAPR 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 3
- Talon Private Wealth, LLC$2M
- Cerity Partners LLC$1M
- Creative Planning$889K
Full exits 2
- PRINCIPAL SECURITIES, INC.$3M
- Valmark Advisers, Inc.$556K
Largest adds
- Kestra Advisory Services, LLC$1M
- World Investment Advisors$908K
- OLD MISSION CAPITAL LLC$663K
- Signal Advisors Wealth, LLC$367K
- Triad Wealth Partners, LLC$340K
- BFI Wealth Solutions, LLC$339K
Largest trims
- Americana Partners, LLC$38M
- NewEdge Advisors, LLC$5M
- Composition Wealth, LLC$2M
- BCS Wealth Management$854K
- OSAIC HOLDINGS, INC.$412K
- COMMONWEALTH EQUITY SERVICES, LLC$305K
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 |
|---|---|---|---|---|
| Composition Wealth, LLC trimmed | 499,732 | $16M | 10.8% | 2026-Q1 |
| HFG Wealth Management, LLC trimmed | 473,603 | $15M | 10.3% | 2026-Q1 |
| PFS Partners, LLC trimmed | 284,514 | $9M | 6.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 234,122 | $7M | 5.1% | 2026-Q1 |
| Americana Partners, LLC trimmed | 126,545 | $4M | 2.7% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 120,349 | $4M | 2.6% | 2026-Q1 |
| Tradition Wealth Management, LLC trimmed | 96,760 | $3M | 2.1% | 2026-Q1 |
| Focus Partners Wealth added | 95,544 | $3M | 2.1% | 2026-Q1 |
| BIP Wealth, LLC trimmed | 86,565 | $3M | 1.9% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 80,546 | $3M | 1.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 76,430 | $2M | 1.7% | 2026-Q1 |
| LPL Financial LLC added | 74,225 | $2M | 1.6% | 2026-Q1 |
| BFI Wealth Solutions, LLC added | 67,017 | $2M | 1.5% | 2026-Q1 |
| Fragasso Financial Advisors Inc trimmed | 66,784 | $2M | 1.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 65,421 | $2M | 1.4% | 2026-Q1 |
| Brookstone Capital Management added | 63,413 | $2M | 1.4% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 63,370 | $2M | 1.4% | 2026-Q1 |
| Chris Bulman Inc added | 61,193 | $2M | 1.3% | 2026-Q1 |
| Talon Private Wealth, LLC new | 61,146 | $2M | 1.3% | 2026-Q1 |
| Signal Advisors Wealth, LLC added | 61,146 | $2M | 1.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 60,700 | $2M | 1.3% | 2026-Q1 |
| CWM, LLC trimmed | 60,327 | $2M | 1.3% | 2026-Q1 |
| INVESTMENT MANAGEMENT CORP /VA/ /ADV added | 59,063 | $2M | 1.3% | 2026-Q1 |
| Triad Wealth Partners, LLC added | 53,668 | $2M | 1.2% | 2026-Q1 |
| WPWealth LLP trimmed | 51,229 | $2M | 1.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 48,403 | $2M | 1.1% | 2026-Q1 |
| Berger Financial Group, Inc trimmed | 43,220 | $1M | 0.9% | 2026-Q1 |
| CORRADO ADVISORS, LLC trimmed | 43,135 | $1M | 0.9% | 2026-Q1 |
| FIDUCIARY FINANCIAL GROUP, LLC | 39,331 | $1M | 0.9% | 2026-Q1 |
| GILL CAPITAL PARTNERS, LLC | 35,136 | $1M | 0.8% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 32,112 | $1M | 0.7% | 2026-Q1 |
| Cerity Partners LLC added | 32,017 | $1M | 0.7% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 31,752 | $1M | 0.7% | 2026-Q1 |
| HighTower Advisors, LLC added | 31,611 | $1M | 0.7% | 2026-Q1 |
| MAI Capital Management trimmed | 30,606 | $969K | 0.7% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 29,881 | $946K | 0.6% | 2026-Q1 |
| World Investment Advisors added | 28,794 | $912K | 0.6% | 2026-Q1 |
| ODonnell Financial Services, LLC | 28,482 | $902K | 0.6% | 2026-Q1 |
| Creative Planning new | 28,066 | $889K | 0.6% | 2026-Q1 |
| Cardinal Point Capital Management ULC | 26,550 | $841K | 0.6% | 2026-Q1 |
| BCS Wealth Management trimmed | 23,876 | $756K | 0.5% | 2026-Q1 |
| Opus Financial Solutions LLC trimmed | 21,935 | $695K | 0.5% | 2026-Q1 |
| AdvisorNet Financial, Inc | 21,114 | $669K | 0.5% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 19,421 | $615K | 0.4% | 2026-Q1 |
| Avantax Planning Partners, Inc. | 19,052 | $603K | 0.4% | 2026-Q1 |
| SIGNATUREFD, LLC | 18,204 | $577K | 0.4% | 2026-Q1 |
| WEALTH ALLIANCE, LLC trimmed | 16,930 | $536K | 0.4% | 2026-Q1 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 16,825 | $533K | 0.4% | 2026-Q1 |
| Compass Advisory Group LLC added | 16,369 | $518K | 0.4% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 16,133 | $511K | 0.3% | 2026-Q1 |
| Straight Path Wealth Management added | 15,355 | $486K | 0.3% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 14,126 | $447K | 0.3% | 2026-Q1 |
| Prairie Wealth Advisors, Inc. | 0 | $441K | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 13,804 | $437K | 0.3% | 2026-Q1 |
| Wealthspire Retirement, LLC trimmed | 13,622 | $431K | 0.3% | 2026-Q1 |
| Ausdal Financial Partners, Inc. | 13,259 | $420K | 0.3% | 2026-Q1 |
| WealthPlan Investment Management, LLC trimmed | 12,445 | $394K | 0.3% | 2026-Q1 |
| Financial Network Wealth Advisors LLC | 12,321 | $390K | 0.3% | 2026-Q1 |
| Diligent Investors, LLC | 12,258 | $388K | 0.3% | 2026-Q1 |
| Beacon Financial Advisory LLC added | 11,968 | $379K | 0.3% | 2026-Q1 |
| Atria Investments, Inc added | 11,833 | $375K | 0.3% | 2026-Q1 |
| Caliber Wealth Management, LLC / KS new | 11,718 | $371K | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC | 11,330 | $359K | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 10,932 | $346K | 0.2% | 2026-Q1 |
| Forvis Mazars Wealth Advisors, LLC trimmed | 10,802 | $342K | 0.2% | 2026-Q1 |
| PFG Advisors added | 10,671 | $338K | 0.2% | 2026-Q1 |
| Rothschild Wealth LLC trimmed | 10,523 | $333K | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS | 10,125 | $321K | 0.2% | 2026-Q1 |
| Compound Planning, Inc. trimmed | 9,966 | $316K | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC | 9,865 | $312K | 0.2% | 2026-Q1 |
| Vantage Point Financial LLC added | 9,646 | $305K | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 9,526 | $302K | 0.2% | 2026-Q1 |
| BENJAMIN EDWARDS INC trimmed | 9,376 | $297K | 0.2% | 2026-Q1 |
| Ballast Rock Private Wealth LLC trimmed | 9,062 | $287K | 0.2% | 2026-Q1 |
| Navis Wealth Advisors, LLC added | 8,986 | $285K | 0.2% | 2026-Q1 |
| CRA Financial Services, LLC | 8,180 | $259K | 0.2% | 2026-Q1 |
| TrustBank added | 7,871 | $249K | 0.2% | 2026-Q1 |
| Cornerstone Wealth, LLC/TN new | 7,180 | $233K | 0.2% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. | 107,563 | $3M | 2.3% | 2025-Q4 stale |
| Strategic Blueprint, LLC trimmed | 93,281 | $3M | 1.9% | 2025-Q3 stale |
| Kovitz Investment Group Partners, LLC trimmed | 82,258 | $2M | 1.7% | 2025-Q3 stale |
| Global Strategic Investment Solutions, LLC trimmed | 49,657 | $1M | 1.0% | 2025-Q2 stale |
| Capasso Planning Partners LLC trimmed | 42,900 | $1M | 0.8% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 26,390 | $772K | 0.5% | 2025-Q2 stale |
| Siligmueller & Norvid Wealth Advisors LLC | 20,749 | $604K | 0.4% | 2025-Q2 stale |
| Valmark Advisers, Inc. | 18,033 | $556K | 0.4% | 2025-Q4 stale |
| Janney Montgomery Scott LLC | 14,392 | $444K | 0.3% | 2025-Q4 stale |
| AMERICAN ASSET MANAGEMENT INC. | 11,900 | $367K | 0.3% | 2025-Q4 stale |
| Maltin Wealth Management, Inc. | 12,939 | $356K | 0.2% | 2025-Q1 stale |
| TOWNSQUARE CAPITAL LLC added | 12,321 | $339K | 0.2% | 2025-Q1 stale |
| GTS SECURITIES LLC new | 11,247 | $338K | 0.2% | 2025-Q3 stale |
| COMMONS CAPITAL, LLC trimmed | 11,159 | $336K | 0.2% | 2025-Q3 stale |
| GOLDMAN SACHS GROUP INC trimmed | 11,212 | $328K | 0.2% | 2025-Q2 stale |
| First Commonwealth Financial Corp /PA/ | 10,901 | $328K | 0.2% | 2025-Q3 stale |
| Lantz Financial LLC | 10,003 | $308K | 0.2% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ added | 9,451 | $284K | 0.2% | 2025-Q3 stale |
| WEBSTERROGERS FINANCIAL ADVISORS, LLC | 9,109 | $281K | 0.2% | 2025-Q4 stale |
| WorthPointe, LLC | 9,103 | $281K | 0.2% | 2025-Q4 stale |
| Kingsview Wealth Management, LLC trimmed | 8,359 | $251K | 0.2% | 2025-Q3 stale |
| TWO SIGMA SECURITIES, LLC trimmed | 8,329 | $244K | 0.2% | 2025-Q2 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.