Who owns IBDV
Which tracked institutional funds hold IBDV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBDV company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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 IBDV is one-sided between 2026-Q1 and 2026-Q2: 95 added or opened and 30 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
IBDV’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 IBDV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IBDV 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 2026-Q1 and 2026-Q2, across 337 tracked filers holding IBDV, 229 increased or opened the position and 92 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 IBDV between the 2026-Q1 and 2026-Q2 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 8
- NewEdge Advisors, LLC$27M
- Concurrent Investment Advisors, LLC$7M
- Modern Wealth Management, LLC$2M
- Meiji Yasuda Life Insurance Co$2M
- Bullock Wealth Management Group$2M
- Quadrature Capital Ltd$698K
Full exits 14
- HighTower Advisors, LLC$52M
- Janney Montgomery Scott LLC$12M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$11M
- Cambridge Investment Research Advisors, Inc.$9M
- Peloton Wealth Strategists$8M
- CWM, LLC$5M
Largest adds
- UBS Group AG$20M
- MERCER GLOBAL ADVISORS INC /ADV$15M
- BANK OF AMERICA CORP /DE/$11M
- LPL Financial LLC$10M
- HM PAYSON & CO$6M
- Capital Investment Advisors, LLC$4M
Largest trims
- Lido Advisors, LLC$8M
- Commonwealth Financial Services, LLC$7M
- MORGAN STANLEY$6M
- Kathmere Capital Management, LLC$3M
- Summit Financial, LLC$2M
- Cornell Pochily Investment Advisors, Inc.$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 9,615,369 | $210M | 9.7% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 6,150,150 | $134M | 6.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 6,081,902 | $133M | 6.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 4,474,434 | $98M | 4.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 4,375,104 | $95M | 4.4% | 2026-Q2 |
| Capital Investment Advisors, LLC added | 4,264,875 | $93M | 4.3% | 2026-Q2 |
| CAPITAL ADVISORS INC/OK added | 3,253,303 | $71M | 3.3% | 2026-Q2 |
| UBS Group AG added | 3,026,804 | $66M | 3.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 3,017,703 | $66M | 3.0% | 2026-Q2 |
| HM PAYSON & CO added | 2,726,515 | $59M | 2.7% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 2,504,175 | $55M | 2.5% | 2026-Q2 |
| Sound View Wealth Advisors Group, LLC added | 1,880,024 | $41M | 1.9% | 2026-Q2 |
| Klingman & Associates, LLC added | 1,715,577 | $37M | 1.7% | 2026-Q2 |
| SIGMA INVESTMENT COUNSELORS INC added | 1,661,062 | $36M | 1.7% | 2026-Q2 |
| Gratus Wealth Advisors, LLC added | 1,641,321 | $36M | 1.7% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 1,600,025 | $35M | 1.6% | 2026-Q2 |
| Summit Financial, LLC trimmed | 1,540,468 | $34M | 1.5% | 2026-Q2 |
| LPL Financial LLC added | 1,494,454 | $33M | 1.5% | 2026-Q2 |
| Kathmere Capital Management, LLC trimmed | 1,348,430 | $29M | 1.4% | 2026-Q2 |
| RVW Wealth, LLC added | 1,309,276 | $29M | 1.3% | 2026-Q2 |
| Venture Visionary Partners LLC added | 1,273,692 | $28M | 1.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 1,219,208 | $27M | 1.2% | 2026-Q2 |
| WOODMONT INVESTMENT COUNSEL LLC added | 1,207,452 | $26M | 1.2% | 2026-Q2 |
| US BANCORP \DE\ added | 1,197,971 | $26M | 1.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,090,232 | $24M | 1.1% | 2026-Q2 |
| Advisors Capital Management, LLC added | 1,038,921 | $23M | 1.0% | 2026-Q2 |
| HOWLAND CAPITAL MANAGEMENT LLC added | 1,021,727 | $22M | 1.0% | 2026-Q2 |
| MV CAPITAL MANAGEMENT, INC. | 920,078 | $20M | 0.9% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 847,911 | $18M | 0.9% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 797,556 | $17M | 0.8% | 2026-Q2 |
| BlackRock, Inc. added | 779,369 | $17M | 0.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 762,897 | $17M | 0.8% | 2026-Q2 |
| Arrow Financial Corp added | 702,825 | $15M | 0.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 682,341 | $15M | 0.7% | 2026-Q2 |
| First National Trust Co added | 653,441 | $14M | 0.7% | 2026-Q2 |
| Ironwood Financial, llc added | 644,551 | $14M | 0.6% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 644,355 | $14M | 0.6% | 2026-Q2 |
| Mariner, LLC trimmed | 592,613 | $13M | 0.6% | 2026-Q2 |
| PFG Private Wealth Management, LLC trimmed | 569,999 | $12M | 0.6% | 2026-Q2 |
| Probity Advisors, Inc. added | 569,582 | $12M | 0.6% | 2026-Q2 |
| CENTRAL TRUST Co added | 538,604 | $12M | 0.5% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 534,289 | $12M | 0.5% | 2026-Q2 |
| Glenview Trust Co added | 506,320 | $11M | 0.5% | 2026-Q2 |
| LYELL WEALTH MANAGEMENT, LP added | 492,598 | $11M | 0.5% | 2026-Q2 |
| REBALANCE, LLC added | 483,987 | $11M | 0.5% | 2026-Q2 |
| MinichMacGregor Wealth Management, LLC added | 474,157 | $10M | 0.5% | 2026-Q2 |
| Parkway Wealth Management Group, LLC added | 466,293 | $10M | 0.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 464,538 | $10M | 0.5% | 2026-Q2 |
| Snowden Capital Advisors LLC added | 453,691 | $10M | 0.5% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 445,634 | $10M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 445,048 | $10M | 0.4% | 2026-Q2 |
| Cornerstone Planning, LLC added | 439,383 | $10M | 0.4% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC added | 434,649 | $9M | 0.4% | 2026-Q2 |
| Guidance Point Advisors, LLC added | 431,677 | $9M | 0.4% | 2026-Q2 |
| Atlantic Union Bankshares Corp added | 425,145 | $9M | 0.4% | 2026-Q2 |
| Centric Wealth Management | 418,846 | $9M | 0.4% | 2026-Q2 |
| Parallel Advisors, LLC added | 406,873 | $9M | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 390,373 | $9M | 0.4% | 2026-Q2 |
| EIGHT 31 FINANCIAL, LLC added | 369,661 | $8M | 0.4% | 2026-Q2 |
| Windsor Capital Management, LLC added | 356,462 | $8M | 0.4% | 2026-Q2 |
| ARCADIA INVESTMENT ADVISORS LLC added | 348,528 | $8M | 0.4% | 2026-Q2 |
| LBMC INVESTMENT ADVISORS, LLC added | 345,712 | $8M | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 343,567 | $7M | 0.3% | 2026-Q2 |
| Allworth Financial LP added | 338,443 | $7M | 0.3% | 2026-Q2 |
| Cetera Investment Advisers added | 331,851 | $7M | 0.3% | 2026-Q2 |
| Praetorian Wealth Management, Inc. added | 304,213 | $7M | 0.3% | 2026-Q2 |
| 4Thought Financial Group Inc. added | 289,935 | $6M | 0.3% | 2026-Q2 |
| Atria Investments, Inc added | 288,553 | $6M | 0.3% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 281,940 | $6M | 0.3% | 2026-Q2 |
| SHUFRO ROSE & CO LLC added | 274,603 | $6M | 0.3% | 2026-Q2 |
| DROMS STRAUSS ADVISORS INC /MO/ /ADV added | 264,107 | $6M | 0.3% | 2026-Q2 |
| InvesTrust added | 262,812 | $6M | 0.3% | 2026-Q2 |
| Wilkins Miller Wealth Management, LLC trimmed | 256,301 | $6M | 0.3% | 2026-Q2 |
| Strid Group, LLC added | 256,065 | $6M | 0.3% | 2026-Q2 |
| VIRGINIA WEALTH MANAGEMENT GROUP, INC. added | 249,690 | $5M | 0.3% | 2026-Q2 |
| Krilogy Financial LLC trimmed | 246,320 | $5M | 0.2% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 242,424 | $5M | 0.2% | 2026-Q2 |
| HANCOCK WHITNEY CORP added | 240,440 | $5M | 0.2% | 2026-Q2 |
| MEMBERS WEALTH LLC added | 230,622 | $5M | 0.2% | 2026-Q2 |
| SPINNAKER TRUST added | 226,090 | $5M | 0.2% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 218,881 | $5M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 218,486 | $5M | 0.2% | 2026-Q2 |
| Quantum Financial Advisors, LLC added | 217,650 | $5M | 0.2% | 2026-Q2 |
| Winthrop Partners - WNY, LLC added | 217,320 | $5M | 0.2% | 2026-Q2 |
| Houlihan Financial Resource Group, Ltd. added | 216,089 | $5M | 0.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 213,579 | $5M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 202,809 | $4M | 0.2% | 2026-Q2 |
| Chicago Partners Investment Group LLC added | 201,353 | $4M | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 196,779 | $4M | 0.2% | 2026-Q2 |
| Rossmore Private Capital added | 194,579 | $4M | 0.2% | 2026-Q2 |
| PRECEDENT WEALTH PARTNERS, LLC added | 194,222 | $4M | 0.2% | 2026-Q2 |
| Beaumont Asset Management, L.L.C. added | 191,235 | $4M | 0.2% | 2026-Q2 |
| FourThought Financial Partners, LLC added | 185,482 | $4M | 0.2% | 2026-Q2 |
| HAMEL ASSOCIATES, INC. trimmed | 185,294 | $4M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC | 180,543 | $4M | 0.2% | 2026-Q2 |
| ROMANO BROTHERS AND COMPANY added | 180,142 | $4M | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 179,334 | $4M | 0.2% | 2026-Q2 |
| FULTON BREAKEFIELD BROENNIMAN LLC added | 177,115 | $4M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 176,186 | $4M | 0.2% | 2026-Q2 |
| Penobscot Investment Management Company, Inc. added | 176,047 | $4M | 0.2% | 2026-Q2 |
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.