Who owns IBDU (IBDU)
Which tracked institutional funds hold IBDU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBDU 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
The tracked-fund tape on IBDU is one-sided between 2025-Q4 and 2026-Q1: 130 added or opened and 31 trimmed or exited — on balance accumulating.
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
IBDU’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 0.5% of theirs — a 0.5pp gap the other way — the median holder sizes IBDU more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IBDU 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 382 tracked filers holding IBDU, 289 increased or opened the position and 88 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 IBDU 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 14
- ES4, LLC$11M
- Allworth Financial LP$7M
- FULTON BREAKEFIELD BROENNIMAN LLC$3M
- JANE STREET GROUP, LLC$3M
- AssuredPartners Investment Advisors, LLC$2M
- Beaumont Financial Advisors, LLC$1M
Full exits 15
- PFG Private Wealth Management, LLC$8M
- SPRENG CAPITAL MANAGEMENT, INC.$6M
- Frisch Financial Group, Inc.$2M
- IFG Advisory, LLC$2M
- COMERICA BANK$1M
- Farmers National Bank$1M
Largest adds
- Lido Advisors, LLC$43M
- MORGAN STANLEY$27M
- THREADGILL FINANCIAL, LLC$21M
- HM PAYSON & CO$15M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$12M
- CITADEL ADVISORS LLC$8M
Largest trims
- MERCER GLOBAL ADVISORS INC /ADV$14M
- Aptus Capital Advisors, LLC$7M
- DROMS STRAUSS ADVISORS INC /MO/ /ADV$5M
- Motley Fool Wealth Management, LLC$4M
- STIFEL FINANCIAL CORP$4M
- Janney Montgomery Scott LLC$2M
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 | 7,313,604 | $170M | 6.6% | 2026-Q1 |
| MORGAN STANLEY added | 6,692,831 | $156M | 6.0% | 2026-Q1 |
| Aptus Capital Advisors, LLC trimmed | 6,381,013 | $148M | 5.7% | 2026-Q1 |
| CAPITAL ADVISORS INC/OK added | 5,083,616 | $118M | 4.6% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 5,033,782 | $117M | 4.5% | 2026-Q1 |
| SHUFRO ROSE & CO LLC added | 3,978,128 | $93M | 3.6% | 2026-Q1 |
| Capital Investment Advisors, LLC added | 3,864,206 | $90M | 3.5% | 2026-Q1 |
| UBS Group AG added | 3,681,557 | $86M | 3.3% | 2026-Q1 |
| Lido Advisors, LLC added | 3,267,016 | $76M | 2.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 3,172,199 | $74M | 2.8% | 2026-Q1 |
| HM PAYSON & CO added | 2,827,401 | $66M | 2.5% | 2026-Q1 |
| LPL Financial LLC added | 2,383,159 | $55M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,340,571 | $54M | 2.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,125,189 | $49M | 1.9% | 2026-Q1 |
| SUMMITRY LLC added | 1,865,996 | $43M | 1.7% | 2026-Q1 |
| HighTower Advisors, LLC added | 1,864,585 | $43M | 1.7% | 2026-Q1 |
| Sound View Wealth Advisors Group, LLC added | 1,766,350 | $41M | 1.6% | 2026-Q1 |
| WOODMONT INVESTMENT COUNSEL LLC added | 1,751,750 | $41M | 1.6% | 2026-Q1 |
| Klingman & Associates, LLC added | 1,580,678 | $37M | 1.4% | 2026-Q1 |
| SIGMA INVESTMENT COUNSELORS INC added | 1,543,187 | $36M | 1.4% | 2026-Q1 |
| Gratus Wealth Advisors, LLC added | 1,509,083 | $35M | 1.4% | 2026-Q1 |
| Venture Visionary Partners LLC added | 1,493,666 | $35M | 1.3% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 1,182,371 | $28M | 1.1% | 2026-Q1 |
| Meiji Yasuda Life Insurance Co added | 1,179,000 | $27M | 1.1% | 2026-Q1 |
| Seven Springs Wealth Group, LLC added | 1,164,618 | $27M | 1.0% | 2026-Q1 |
| Kathmere Capital Management, LLC added | 1,154,298 | $27M | 1.0% | 2026-Q1 |
| RVW Wealth, LLC added | 1,148,779 | $27M | 1.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,146,128 | $27M | 1.0% | 2026-Q1 |
| Advisors Capital Management, LLC added | 1,136,986 | $26M | 1.0% | 2026-Q1 |
| Summit Financial, LLC added | 1,113,705 | $26M | 1.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 1,099,485 | $26M | 1.0% | 2026-Q1 |
| HOWLAND CAPITAL MANAGEMENT LLC added | 1,015,407 | $24M | 0.9% | 2026-Q1 |
| THREADGILL FINANCIAL, LLC added | 923,433 | $21M | 0.8% | 2026-Q1 |
| MV CAPITAL MANAGEMENT, INC. added | 871,158 | $20M | 0.8% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 806,928 | $19M | 0.7% | 2026-Q1 |
| Summit Asset Management, LLC added | 778,230 | $18M | 0.7% | 2026-Q1 |
| US BANCORP \DE\ added | 687,363 | $16M | 0.6% | 2026-Q1 |
| First National Trust Co added | 661,254 | $15M | 0.6% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 653,285 | $15M | 0.6% | 2026-Q1 |
| Arrow Financial Corp added | 641,623 | $15M | 0.6% | 2026-Q1 |
| BlackRock, Inc. added | 615,014 | $14M | 0.6% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 593,674 | $14M | 0.5% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 563,068 | $13M | 0.5% | 2026-Q1 |
| Robertson Stephens Wealth Management, LLC added | 562,146 | $13M | 0.5% | 2026-Q1 |
| Ironwood Financial, llc added | 559,085 | $13M | 0.5% | 2026-Q1 |
| NOVEM GROUP added | 551,506 | $13M | 0.5% | 2026-Q1 |
| Windsor Capital Management, LLC added | 543,324 | $13M | 0.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 530,040 | $12M | 0.5% | 2026-Q1 |
| Ruggaard & Associates LLC added | 511,829 | $12M | 0.5% | 2026-Q1 |
| LYELL WEALTH MANAGEMENT, LP added | 504,623 | $12M | 0.5% | 2026-Q1 |
| Baltimore-Washington Financial Advisors, Inc. added | 503,946 | $12M | 0.5% | 2026-Q1 |
| Probity Advisors, Inc. added | 500,441 | $12M | 0.4% | 2026-Q1 |
| Glenview Trust Co added | 495,075 | $12M | 0.4% | 2026-Q1 |
| CENTRAL TRUST Co added | 483,346 | $11M | 0.4% | 2026-Q1 |
| Commonwealth Financial Services, LLC added | 464,345 | $11M | 0.4% | 2026-Q1 |
| Motley Fool Wealth Management, LLC trimmed | 461,783 | $11M | 0.4% | 2026-Q1 |
| Mesirow Financial Investment Management, Inc. added | 454,359 | $11M | 0.4% | 2026-Q1 |
| REBALANCE, LLC added | 453,018 | $11M | 0.4% | 2026-Q1 |
| ES4, LLC new | 452,711 | $11M | 0.4% | 2026-Q1 |
| Parkway Wealth Management Group, LLC added | 436,736 | $10M | 0.4% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 430,083 | $10M | 0.4% | 2026-Q1 |
| MCF Advisors LLC added | 424,253 | $10M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 414,147 | $10M | 0.4% | 2026-Q1 |
| SPINNAKER TRUST added | 410,790 | $10M | 0.4% | 2026-Q1 |
| First International Bank of Israel Ltd. trimmed | 395,000 | $9M | 0.4% | 2026-Q1 |
| Peloton Wealth Strategists added | 393,645 | $9M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 379,604 | $9M | 0.3% | 2026-Q1 |
| Cornerstone Planning, LLC added | 361,431 | $8M | 0.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 337,543 | $8M | 0.3% | 2026-Q1 |
| Guidance Point Advisors, LLC added | 322,288 | $7M | 0.3% | 2026-Q1 |
| ARCADIA INVESTMENT ADVISORS LLC added | 321,596 | $7M | 0.3% | 2026-Q1 |
| Allworth Financial LP added | 315,742 | $7M | 0.3% | 2026-Q1 |
| LBMC INVESTMENT ADVISORS, LLC added | 307,572 | $7M | 0.3% | 2026-Q1 |
| Envision Financial Planning, LLC trimmed | 303,396 | $7M | 0.3% | 2026-Q1 |
| Praetorian Wealth Management, Inc. added | 290,013 | $7M | 0.3% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 280,211 | $7M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 279,221 | $7M | 0.3% | 2026-Q1 |
| Parallel Advisors, LLC trimmed | 278,792 | $6M | 0.3% | 2026-Q1 |
| InvesTrust added | 273,075 | $6M | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 267,290 | $6M | 0.2% | 2026-Q1 |
| IFP Advisors, Inc added | 265,916 | $6M | 0.2% | 2026-Q1 |
| CWM, LLC added | 263,881 | $6M | 0.2% | 2026-Q1 |
| Penobscot Investment Management Company, Inc. added | 262,865 | $6M | 0.2% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 246,980 | $6M | 0.2% | 2026-Q1 |
| HAMEL ASSOCIATES, INC. added | 246,702 | $6M | 0.2% | 2026-Q1 |
| Signature Wealth Management Group trimmed | 245,791 | $6M | 0.2% | 2026-Q1 |
| Atlantic Union Bankshares Corp added | 240,181 | $6M | 0.2% | 2026-Q1 |
| Krilogy Financial LLC added | 226,415 | $5M | 0.2% | 2026-Q1 |
| HANCOCK WHITNEY CORP added | 224,933 | $5M | 0.2% | 2026-Q1 |
| Atria Investments, Inc added | 224,513 | $5M | 0.2% | 2026-Q1 |
| Houlihan Financial Resource Group, Ltd. added | 223,165 | $5M | 0.2% | 2026-Q1 |
| Strid Group, LLC added | 222,108 | $5M | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 219,212 | $5M | 0.2% | 2026-Q1 |
| Winthrop Partners - WNY, LLC added | 218,202 | $5M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 207,891 | $5M | 0.2% | 2026-Q1 |
| Merit Financial Group, LLC added | 207,637 | $5M | 0.2% | 2026-Q1 |
| Vishria Bird Financial Group, LLC new | 826,064 | $19M | 0.7% | 2025-Q3 stale |
| PFG Private Wealth Management, LLC added | 342,582 | $8M | 0.3% | 2025-Q4 stale |
| SPRENG CAPITAL MANAGEMENT, INC. added | 277,100 | $6M | 0.3% | 2025-Q4 stale |
| Sandy Spring Bank added | 249,015 | $6M | 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.