Who owns IBDV (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-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 IBDV is one-sided between 2025-Q4 and 2026-Q1: 122 added or opened and 23 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 0.4% of theirs — a 0.4pp 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 2025-Q4 and 2026-Q1, across 334 tracked filers holding IBDV, 252 increased or opened the position and 68 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 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 15
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$11M
- SHUFRO ROSE & CO LLC$3M
- CITADEL ADVISORS LLC$2M
- AssuredPartners Investment Advisors, LLC$2M
- Strid Group, LLC$2M
- OFS Enterprise LLC$1M
Full exits 10
- NewEdge Advisors, LLC$25M
- Global Retirement Partners, LLC$3M
- Greater Midwest Financial Group, LLC$2M
- Quadrature Capital Ltd$2M
- Oldfather Financial Services, LLC$1M
- Walleye Partners, LLC$1M
Largest adds
- Lido Advisors, LLC$37M
- MORGAN STANLEY$25M
- BANK OF AMERICA CORP /DE/$19M
- HM PAYSON & CO$17M
- RAYMOND JAMES FINANCIAL INC$16M
- Venture Visionary Partners LLC$13M
Largest trims
- Apollon Wealth Management, LLC$25M
- MERCER GLOBAL ADVISORS INC /ADV$19M
- NOVEM GROUP$9M
- NESTEGG ADVISORS, INC.$3M
- WELLS FARGO & COMPANY/MN$3M
- Keeler Thomas Management 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 | 9,068,595 | $199M | 9.1% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 6,041,703 | $132M | 6.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 5,374,232 | $118M | 5.4% | 2026-Q1 |
| MORGAN STANLEY added | 4,738,224 | $104M | 4.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 4,304,559 | $94M | 4.3% | 2026-Q1 |
| Capital Investment Advisors, LLC added | 4,072,983 | $89M | 4.1% | 2026-Q1 |
| CAPITAL ADVISORS INC/OK added | 3,215,231 | $70M | 3.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 2,929,125 | $64M | 3.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,511,724 | $55M | 2.5% | 2026-Q1 |
| HM PAYSON & CO added | 2,454,411 | $54M | 2.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 2,357,358 | $52M | 2.4% | 2026-Q1 |
| UBS Group AG added | 2,117,088 | $46M | 2.1% | 2026-Q1 |
| Lido Advisors, LLC added | 1,980,284 | $43M | 2.0% | 2026-Q1 |
| Sound View Wealth Advisors Group, LLC added | 1,746,344 | $38M | 1.8% | 2026-Q1 |
| Klingman & Associates, LLC added | 1,650,363 | $36M | 1.7% | 2026-Q1 |
| SIGMA INVESTMENT COUNSELORS INC added | 1,643,783 | $36M | 1.7% | 2026-Q1 |
| Summit Financial, LLC added | 1,609,633 | $35M | 1.6% | 2026-Q1 |
| Gratus Wealth Advisors, LLC added | 1,599,810 | $35M | 1.6% | 2026-Q1 |
| Kathmere Capital Management, LLC added | 1,500,942 | $33M | 1.5% | 2026-Q1 |
| RVW Wealth, LLC added | 1,206,110 | $26M | 1.2% | 2026-Q1 |
| Venture Visionary Partners LLC added | 1,168,091 | $26M | 1.2% | 2026-Q1 |
| US BANCORP \DE\ added | 1,166,380 | $26M | 1.2% | 2026-Q1 |
| WOODMONT INVESTMENT COUNSEL LLC added | 1,064,345 | $23M | 1.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,060,287 | $23M | 1.1% | 2026-Q1 |
| LPL Financial LLC added | 1,038,021 | $23M | 1.0% | 2026-Q1 |
| Advisors Capital Management, LLC added | 979,384 | $21M | 1.0% | 2026-Q1 |
| MV CAPITAL MANAGEMENT, INC. added | 920,078 | $20M | 0.9% | 2026-Q1 |
| HOWLAND CAPITAL MANAGEMENT LLC added | 881,649 | $19M | 0.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 716,488 | $16M | 0.7% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 713,760 | $16M | 0.7% | 2026-Q1 |
| Arrow Financial Corp added | 684,978 | $15M | 0.7% | 2026-Q1 |
| Mariner, LLC added | 656,216 | $14M | 0.7% | 2026-Q1 |
| BlackRock, Inc. added | 652,797 | $14M | 0.7% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 649,951 | $14M | 0.7% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 646,153 | $14M | 0.7% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 622,604 | $14M | 0.6% | 2026-Q1 |
| PFG Private Wealth Management, LLC added | 621,042 | $14M | 0.6% | 2026-Q1 |
| First National Trust Co added | 589,237 | $13M | 0.6% | 2026-Q1 |
| Ironwood Financial, llc added | 555,651 | $12M | 0.6% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 541,787 | $12M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 523,836 | $11M | 0.5% | 2026-Q1 |
| Probity Advisors, Inc. added | 519,002 | $11M | 0.5% | 2026-Q1 |
| CENTRAL TRUST Co added | 501,553 | $11M | 0.5% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 486,128 | $11M | 0.5% | 2026-Q1 |
| Glenview Trust Co added | 480,812 | $11M | 0.5% | 2026-Q1 |
| REBALANCE, LLC added | 478,021 | $10M | 0.5% | 2026-Q1 |
| Commonwealth Financial Services, LLC added | 470,930 | $10M | 0.5% | 2026-Q1 |
| LYELL WEALTH MANAGEMENT, LP added | 467,998 | $10M | 0.5% | 2026-Q1 |
| Parkway Wealth Management Group, LLC added | 462,944 | $10M | 0.5% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 460,569 | $10M | 0.5% | 2026-Q1 |
| MinichMacGregor Wealth Management, LLC added | 455,756 | $10M | 0.5% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 439,815 | $10M | 0.4% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC added | 433,305 | $9M | 0.4% | 2026-Q1 |
| Cornerstone Planning, LLC added | 430,138 | $9M | 0.4% | 2026-Q1 |
| Centric Wealth Management added | 418,846 | $9M | 0.4% | 2026-Q1 |
| Guidance Point Advisors, LLC added | 413,119 | $9M | 0.4% | 2026-Q1 |
| Atlantic Union Bankshares Corp added | 400,328 | $9M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 393,979 | $9M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 386,766 | $8M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 376,619 | $8M | 0.4% | 2026-Q1 |
| Peloton Wealth Strategists added | 374,650 | $8M | 0.4% | 2026-Q1 |
| Parallel Advisors, LLC added | 373,595 | $8M | 0.4% | 2026-Q1 |
| EIGHT 31 FINANCIAL, LLC trimmed | 361,225 | $8M | 0.4% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 353,881 | $8M | 0.4% | 2026-Q1 |
| ARCADIA INVESTMENT ADVISORS LLC added | 317,638 | $7M | 0.3% | 2026-Q1 |
| Praetorian Wealth Management, Inc. added | 297,532 | $7M | 0.3% | 2026-Q1 |
| Allworth Financial LP added | 287,179 | $6M | 0.3% | 2026-Q1 |
| LBMC INVESTMENT ADVISORS, LLC added | 281,756 | $6M | 0.3% | 2026-Q1 |
| Wilkins Miller Wealth Management, LLC added | 256,888 | $6M | 0.3% | 2026-Q1 |
| DROMS STRAUSS ADVISORS INC /MO/ /ADV added | 255,349 | $6M | 0.3% | 2026-Q1 |
| CWM, LLC added | 250,027 | $5M | 0.3% | 2026-Q1 |
| Atria Investments, Inc added | 249,774 | $5M | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 249,339 | $5M | 0.3% | 2026-Q1 |
| Krilogy Financial LLC added | 248,164 | $5M | 0.3% | 2026-Q1 |
| Signature Wealth Management Group trimmed | 248,077 | $5M | 0.3% | 2026-Q1 |
| IFP Advisors, Inc added | 247,605 | $5M | 0.2% | 2026-Q1 |
| Windsor Capital Management, LLC added | 242,413 | $5M | 0.2% | 2026-Q1 |
| 4Thought Financial Group Inc. trimmed | 238,935 | $5M | 0.2% | 2026-Q1 |
| HANCOCK WHITNEY CORP added | 238,254 | $5M | 0.2% | 2026-Q1 |
| InvesTrust added | 229,146 | $5M | 0.2% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 215,922 | $5M | 0.2% | 2026-Q1 |
| Quantum Financial Advisors, LLC added | 212,432 | $5M | 0.2% | 2026-Q1 |
| MEMBERS WEALTH LLC added | 206,258 | $5M | 0.2% | 2026-Q1 |
| Winthrop Partners - WNY, LLC added | 205,951 | $5M | 0.2% | 2026-Q1 |
| Houlihan Financial Resource Group, Ltd. added | 204,550 | $4M | 0.2% | 2026-Q1 |
| Chicago Partners Investment Group LLC added | 199,216 | $4M | 0.2% | 2026-Q1 |
| VIRGINIA WEALTH MANAGEMENT GROUP, INC. trimmed | 199,390 | $4M | 0.2% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 199,514 | $4M | 0.2% | 2026-Q1 |
| Rossmore Private Capital added | 189,174 | $4M | 0.2% | 2026-Q1 |
| HAMEL ASSOCIATES, INC. added | 187,388 | $4M | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 184,786 | $4M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC added | 180,543 | $4M | 0.2% | 2026-Q1 |
| ROMANO BROTHERS AND COMPANY added | 173,658 | $4M | 0.2% | 2026-Q1 |
| NewEdge Advisors, LLC added | 1,134,774 | $25M | 1.2% | 2025-Q4 stale |
| Vishria Bird Financial Group, LLC new | 877,222 | $19M | 0.9% | 2025-Q3 stale |
| Buffington Mohr McNeal added | 634,284 | $14M | 0.6% | 2025-Q1 stale |
| MB, LEVIS & ASSOCIATES, LLC added | 603,760 | $13M | 0.6% | 2025-Q2 stale |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 282,297 | $6M | 0.3% | 2025-Q1 stale |
| Sandy Spring Bank added | 255,389 | $6M | 0.3% | 2025-Q1 stale |
| Sabal Trust CO added | 202,843 | $4M | 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.