Who owns IBDR (IBDR)
Which tracked institutional funds hold IBDR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBDR 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
91 tracked funds added or opened IBDR while 72 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
IBDR’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.2pp gap the other way — the median holder sizes IBDR more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IBDR 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 437 tracked filers holding IBDR, 226 increased or opened the position and 190 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 IBDR 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 21
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$25M
- Wick Capital Partners, LLC$12M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$7M
- CITADEL ADVISORS LLC$6M
- LBMC INVESTMENT ADVISORS, LLC$5M
- JANE STREET GROUP, LLC$4M
Full exits 20
- HighTower Advisors, LLC$34M
- NewEdge Advisors, LLC$25M
- COWA, LLC$19M
- Klingman & Associates, LLC$17M
- Global Retirement Partners, LLC$14M
- Integras Partners LLC$6M
Largest adds
- Mesirow Financial Investment Management, Inc.$11M
- COMMONWEALTH EQUITY SERVICES, LLC$7M
- Composition Wealth, LLC$6M
- BlackRock, Inc.$5M
- Beaumont Asset Management, L.L.C.$5M
- ENVESTNET ASSET MANAGEMENT INC$4M
Largest trims
- Sarver Vrooman Wealth Advisors$45M
- CAPTRUST FINANCIAL ADVISORS$33M
- Journey Advisory Group, LLC$19M
- RAYMOND JAMES FINANCIAL INC$14M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$10M
- Bulltick Wealth Management, LLC$9M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 9,785,471 | $237M | 10.9% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 4,273,058 | $104M | 4.7% | 2026-Q1 |
| HM PAYSON & CO trimmed | 4,190,511 | $102M | 4.7% | 2026-Q1 |
| LPL Financial LLC trimmed | 4,044,967 | $98M | 4.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 3,750,218 | $91M | 4.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,666,707 | $65M | 3.0% | 2026-Q1 |
| Sound View Wealth Advisors Group, LLC trimmed | 1,981,257 | $48M | 2.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,684,063 | $41M | 1.9% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 1,544,174 | $37M | 1.7% | 2026-Q1 |
| Gratus Wealth Advisors, LLC added | 1,496,505 | $36M | 1.7% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,456,647 | $35M | 1.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,446,933 | $35M | 1.6% | 2026-Q1 |
| Kathmere Capital Management, LLC added | 1,392,870 | $34M | 1.5% | 2026-Q1 |
| HOWLAND CAPITAL MANAGEMENT LLC trimmed | 1,328,040 | $32M | 1.5% | 2026-Q1 |
| SHUFRO ROSE & CO LLC added | 1,243,779 | $30M | 1.4% | 2026-Q1 |
| Focus Partners Wealth trimmed | 1,231,735 | $30M | 1.4% | 2026-Q1 |
| SIGMA INVESTMENT COUNSELORS INC trimmed | 1,157,018 | $28M | 1.3% | 2026-Q1 |
| RVW Wealth, LLC trimmed | 1,140,545 | $28M | 1.3% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 1,032,655 | $25M | 1.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 1,023,954 | $25M | 1.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,018,078 | $25M | 1.1% | 2026-Q1 |
| Mariner, LLC added | 1,012,174 | $25M | 1.1% | 2026-Q1 |
| TABR Capital Management, LLC added | 995,431 | $24M | 1.1% | 2026-Q1 |
| IFS Advisors, LLC added | 967,802 | $23M | 1.1% | 2026-Q1 |
| Mesirow Financial Investment Management, Inc. added | 882,856 | $21M | 1.0% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 866,738 | $21M | 1.0% | 2026-Q1 |
| Venture Visionary Partners LLC added | 864,007 | $21M | 1.0% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 809,589 | $20M | 0.9% | 2026-Q1 |
| REBALANCE, LLC trimmed | 760,385 | $18M | 0.8% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 753,280 | $18M | 0.8% | 2026-Q1 |
| MV CAPITAL MANAGEMENT, INC. added | 751,427 | $18M | 0.8% | 2026-Q1 |
| Glenview Trust Co added | 710,955 | $17M | 0.8% | 2026-Q1 |
| CWM, LLC added | 676,932 | $16M | 0.8% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 656,994 | $16M | 0.7% | 2026-Q1 |
| NovaPoint Capital, LLC trimmed | 634,876 | $15M | 0.7% | 2026-Q1 |
| Capital Investment Advisors, LLC added | 618,381 | $15M | 0.7% | 2026-Q1 |
| Strid Group, LLC added | 605,901 | $15M | 0.7% | 2026-Q1 |
| BlackRock, Inc. added | 591,702 | $14M | 0.7% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 587,263 | $14M | 0.7% | 2026-Q1 |
| SPINNAKER TRUST added | 574,526 | $14M | 0.6% | 2026-Q1 |
| CENTRAL TRUST Co trimmed | 544,053 | $13M | 0.6% | 2026-Q1 |
| Wick Capital Partners, LLC added | 483,277 | $12M | 0.5% | 2026-Q1 |
| IFP Advisors, Inc added | 481,235 | $12M | 0.5% | 2026-Q1 |
| Beaumont Asset Management, L.L.C. added | 476,015 | $12M | 0.5% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 467,626 | $11M | 0.5% | 2026-Q1 |
| LYELL WEALTH MANAGEMENT, LP trimmed | 466,279 | $11M | 0.5% | 2026-Q1 |
| MOSELEY INVESTMENT MANAGEMENT INC added | 427,717 | $10M | 0.5% | 2026-Q1 |
| Arrow Financial Corp trimmed | 425,552 | $10M | 0.5% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 423,284 | $10M | 0.5% | 2026-Q1 |
| Allworth Financial LP added | 422,914 | $10M | 0.5% | 2026-Q1 |
| First National Trust Co added | 421,948 | $10M | 0.5% | 2026-Q1 |
| Balentine LLC added | 413,945 | $10M | 0.5% | 2026-Q1 |
| ARCADIA INVESTMENT ADVISORS LLC added | 395,319 | $10M | 0.4% | 2026-Q1 |
| Composition Wealth, LLC added | 385,152 | $9M | 0.4% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 384,335 | $9M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 383,721 | $9M | 0.4% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 372,480 | $9M | 0.4% | 2026-Q1 |
| McGuire Investment Group, LLC trimmed | 361,392 | $9M | 0.4% | 2026-Q1 |
| SAX WEALTH ADVISORS, LLC | 361,295 | $9M | 0.4% | 2026-Q1 |
| Cetera Investment Advisers added | 354,257 | $9M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 346,653 | $8M | 0.4% | 2026-Q1 |
| Kesler, Norman & Wride, LLC added | 338,601 | $8M | 0.4% | 2026-Q1 |
| Atria Investments, Inc added | 338,284 | $8M | 0.4% | 2026-Q1 |
| Madden Advisory Services, Inc. added | 330,152 | $8M | 0.4% | 2026-Q1 |
| Ironwood Financial, llc trimmed | 325,923 | $8M | 0.4% | 2026-Q1 |
| InvesTrust trimmed | 324,114 | $8M | 0.4% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 317,587 | $8M | 0.4% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 309,783 | $8M | 0.3% | 2026-Q1 |
| Merit Financial Group, LLC added | 306,232 | $7M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 301,268 | $7M | 0.3% | 2026-Q1 |
| Peloton Wealth Strategists trimmed | 299,140 | $7M | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 297,340 | $7M | 0.3% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 296,826 | $7M | 0.3% | 2026-Q1 |
| Cornerstone Planning, LLC trimmed | 287,167 | $7M | 0.3% | 2026-Q1 |
| Parallel Advisors, LLC added | 269,365 | $7M | 0.3% | 2026-Q1 |
| Resonant Capital Advisors, LLC trimmed | 257,107 | $6M | 0.3% | 2026-Q1 |
| Modern Wealth Management, LLC added | 257,844 | $6M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 253,392 | $6M | 0.3% | 2026-Q1 |
| REGIONS FINANCIAL CORP added | 249,174 | $6M | 0.3% | 2026-Q1 |
| FULTON BREAKEFIELD BROENNIMAN LLC trimmed | 248,643 | $6M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 243,254 | $6M | 0.3% | 2026-Q1 |
| HAMEL ASSOCIATES, INC. added | 242,963 | $6M | 0.3% | 2026-Q1 |
| Laurel Wealth Advisors LLC trimmed | 240,600 | $6M | 0.3% | 2026-Q1 |
| CAPITAL ADVISORS INC/OK added | 2,500,009 | $61M | 2.8% | 2025-Q2 stale |
| HighTower Advisors, LLC added | 1,396,686 | $34M | 1.6% | 2025-Q4 stale |
| NewEdge Advisors, LLC added | 1,046,723 | $25M | 1.2% | 2025-Q4 stale |
| WOODMONT INVESTMENT COUNSEL LLC trimmed | 970,565 | $24M | 1.1% | 2025-Q2 stale |
| COWA, LLC added | 817,998 | $19M | 0.9% | 2025-Q4 stale |
| Klingman & Associates, LLC trimmed | 712,284 | $17M | 0.8% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 689,186 | $17M | 0.8% | 2025-Q2 stale |
| Buffington Mohr McNeal trimmed | 571,694 | $14M | 0.6% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 557,348 | $14M | 0.6% | 2025-Q4 stale |
| Baltimore-Washington Financial Advisors, Inc. trimmed | 490,596 | $12M | 0.5% | 2025-Q3 stale |
| Windsor Capital Management, LLC added | 414,832 | $10M | 0.5% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. trimmed | 286,070 | $7M | 0.3% | 2025-Q2 stale |
| Wolfstich Capital, LLC | 299,957 | $7M | 0.3% | 2025-Q1 stale |
| Integras Partners LLC added | 265,970 | $6M | 0.3% | 2025-Q4 stale |
| EIGHT 31 FINANCIAL, LLC added | 254,196 | $6M | 0.3% | 2025-Q2 stale |
| Sandy Spring Bank added | 245,963 | $6M | 0.3% | 2025-Q1 stale |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 243,126 | $6M | 0.3% | 2025-Q4 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.