Who owns IBDZ
Which tracked institutional funds hold IBDZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBDZ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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 IBDZ is one-sided between 2026-Q1 and 2026-Q2: 37 added or opened and 12 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
IBDZ’s largest tracked holder by dollar value, Capital Investment Advisors, LLC, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBDZ 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 121 tracked filers holding IBDZ, 86 increased or opened the position and 35 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 IBDZ 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 6
- CITADEL ADVISORS LLC$7M
- Apollon Wealth Management, LLC$6M
- EP Wealth Advisors, LLC$3M
- INSIGNEO ADVISORY SERVICES, LLC$713K
- Aspen Wealth Management LLC$670K
- PRECEDENT WEALTH PARTNERS, LLC$566K
Full exits 7
- Motley Fool Wealth Management, LLC$11M
- HighTower Advisors, LLC$10M
- Janney Montgomery Scott LLC$9M
- CWM, LLC$3M
- JPMORGAN CHASE & CO$3M
- Signature Wealth Management Group$2M
Largest adds
- Aptus Capital Advisors, LLC$25M
- SIGMA INVESTMENT COUNSELORS INC$6M
- Capital Investment Advisors, LLC$6M
- BANK OF AMERICA CORP /DE/$4M
- NESTEGG ADVISORS, INC.$2M
- Arrow Financial Corp$2M
Largest trims
- Summit Financial, LLC$18M
- PFG Private Wealth Management, LLC$1M
- Paradigm, Strategies in Wealth Management, LLC$1M
- Atlantic Union Bankshares Corp$733K
- BENJAMIN EDWARDS INC$671K
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 |
|---|---|---|---|---|
| Capital Investment Advisors, LLC added | 2,711,023 | $71M | 10.6% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 2,351,615 | $61M | 9.2% | 2026-Q2 |
| Sarver Vrooman Wealth Advisors added | 1,681,034 | $44M | 6.5% | 2026-Q2 |
| MORGAN STANLEY added | 1,514,889 | $39M | 5.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,360,791 | $35M | 5.3% | 2026-Q2 |
| SIGMA INVESTMENT COUNSELORS INC added | 1,304,097 | $34M | 5.1% | 2026-Q2 |
| SUMMITRY LLC added | 1,290,108 | $34M | 5.0% | 2026-Q2 |
| Summit Financial, LLC trimmed | 1,054,715 | $27M | 4.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 745,780 | $19M | 2.9% | 2026-Q2 |
| MV CAPITAL MANAGEMENT, INC. | 730,868 | $19M | 2.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 662,018 | $17M | 2.6% | 2026-Q2 |
| Seneca House Advisors added | 547,030 | $14M | 2.1% | 2026-Q2 |
| MB, LEVIS & ASSOCIATES, LLC added | 515,551 | $13M | 2.0% | 2026-Q2 |
| Arrow Financial Corp added | 512,414 | $13M | 2.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 496,658 | $13M | 1.9% | 2026-Q2 |
| PFG Private Wealth Management, LLC trimmed | 491,365 | $13M | 1.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 411,323 | $11M | 1.6% | 2026-Q2 |
| NESTEGG ADVISORS, INC. added | 392,084 | $10M | 1.5% | 2026-Q2 |
| Parkway Wealth Management Group, LLC added | 389,186 | $10M | 1.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 386,053 | $10M | 1.5% | 2026-Q2 |
| US BANCORP \DE\ added | 382,108 | $10M | 1.5% | 2026-Q2 |
| UBS Group AG trimmed | 368,529 | $10M | 1.4% | 2026-Q2 |
| Guidance Point Advisors, LLC added | 292,677 | $8M | 1.1% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 290,450 | $8M | 1.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 278,288 | $7M | 1.1% | 2026-Q2 |
| Lido Advisors, LLC added | 266,373 | $7M | 1.0% | 2026-Q2 |
| Probity Advisors, Inc. added | 232,182 | $6M | 0.9% | 2026-Q2 |
| Parallel Advisors, LLC added | 220,481 | $6M | 0.9% | 2026-Q2 |
| Apollon Wealth Management, LLC new | 218,132 | $6M | 0.9% | 2026-Q2 |
| HANCOCK WHITNEY CORP added | 211,349 | $6M | 0.8% | 2026-Q2 |
| Krilogy Financial LLC trimmed | 201,927 | $5M | 0.8% | 2026-Q2 |
| 4Thought Financial Group Inc. added | 184,936 | $5M | 0.7% | 2026-Q2 |
| LYELL WEALTH MANAGEMENT, LP added | 181,335 | $5M | 0.7% | 2026-Q2 |
| Paradigm, Strategies in Wealth Management, LLC trimmed | 155,677 | $4M | 0.6% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 152,066 | $4M | 0.6% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 129,750 | $3M | 0.5% | 2026-Q2 |
| EP Wealth Advisors, LLC new | 126,985 | $3M | 0.5% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 120,298 | $3M | 0.5% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD added | 119,534 | $3M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 118,097 | $3M | 0.5% | 2026-Q2 |
| Atlantic Union Bankshares Corp trimmed | 103,669 | $3M | 0.4% | 2026-Q2 |
| Marathon Mission, Inc. trimmed | 100,156 | $3M | 0.4% | 2026-Q2 |
| Stonebrook Private Inc. added | 93,518 | $2M | 0.4% | 2026-Q2 |
| LPL Financial LLC added | 84,655 | $2M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 79,505 | $2M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 78,195 | $2M | 0.3% | 2026-Q2 |
| Archford Capital Strategies, LLC trimmed | 76,286 | $2M | 0.3% | 2026-Q2 |
| Segment Wealth Management, LLC added | 61,800 | $2M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 58,177 | $2M | 0.2% | 2026-Q2 |
| Associated Banc-Corp added | 57,703 | $2M | 0.2% | 2026-Q2 |
| FULTON BREAKEFIELD BROENNIMAN LLC added | 45,351 | $1M | 0.2% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC | 41,457 | $1M | 0.2% | 2026-Q2 |
| Cetera Investment Advisers added | 39,425 | $1M | 0.2% | 2026-Q2 |
| MCF Advisors LLC | 38,523 | $1M | 0.2% | 2026-Q2 |
| Gilbert & Cook, Inc. | 37,680 | $982K | 0.1% | 2026-Q2 |
| LITTLE HOUSE CAPITAL LLC added | 34,368 | $895K | 0.1% | 2026-Q2 |
| Stokes Family Office, LLC added | 31,515 | $821K | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 27,474 | $716K | 0.1% | 2026-Q2 |
| INSIGNEO ADVISORY SERVICES, LLC new | 27,353 | $713K | 0.1% | 2026-Q2 |
| Aspen Wealth Management LLC new | 25,708 | $670K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 25,311 | $659K | 0.1% | 2026-Q2 |
| Montecito Bank & Trust added | 25,302 | $659K | 0.1% | 2026-Q2 |
| Valmark Advisers, Inc. added | 25,129 | $655K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc added | 23,030 | $600K | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 22,343 | $582K | 0.1% | 2026-Q2 |
| PRECEDENT WEALTH PARTNERS, LLC new | 21,743 | $566K | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 21,203 | $552K | 0.1% | 2026-Q2 |
| First National Trust Co added | 20,306 | $529K | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 20,159 | $526K | 0.1% | 2026-Q2 |
| McGlone Suttner Wealth Management, Inc. added | 19,866 | $518K | 0.1% | 2026-Q2 |
| Gradient Capital Advisors, LLC added | 19,518 | $508K | 0.1% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 19,275 | $502K | 0.1% | 2026-Q2 |
| Reliant Wealth Planning | 19,050 | $496K | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 18,371 | $479K | 0.1% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 18,102 | $472K | 0.1% | 2026-Q2 |
| COWA, LLC new | 17,741 | $462K | 0.1% | 2026-Q2 |
| Creative Planning added | 17,689 | $461K | 0.1% | 2026-Q2 |
| Koesten, Hirschmann & Crabtree, INC. added | 17,520 | $456K | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 16,318 | $425K | 0.1% | 2026-Q2 |
| XML Financial, LLC added | 16,245 | $423K | 0.1% | 2026-Q2 |
| Glenview Trust Co added | 15,609 | $407K | 0.1% | 2026-Q2 |
| 10Elms LLP added | 15,150 | $395K | 0.1% | 2026-Q2 |
| LBMC INVESTMENT ADVISORS, LLC | 14,600 | $380K | 0.1% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 14,098 | $367K | 0.1% | 2026-Q2 |
| Greater Midwest Financial Group, LLC added | 14,048 | $366K | 0.1% | 2026-Q2 |
| Sterling Investment Advisors, Ltd. added | 13,725 | $358K | 0.1% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 13,619 | $354K | 0.1% | 2026-Q2 |
| Quantum Financial Advisors, LLC added | 13,226 | $345K | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 12,594 | $328K | 0.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 12,393 | $323K | 0.0% | 2026-Q2 |
| CVA Family Office, LLC | 11,949 | $311K | 0.0% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 11,454 | $298K | 0.0% | 2026-Q2 |
| Jacobi Capital Management LLC new | 11,096 | $289K | 0.0% | 2026-Q2 |
| Belpointe Asset Management LLC added | 10,982 | $286K | 0.0% | 2026-Q2 |
| SEAVIEW INVESTMENT MANAGERS LLC trimmed | 10,841 | $282K | 0.0% | 2026-Q2 |
| ROMANO BROTHERS AND COMPANY added | 10,385 | $271K | 0.0% | 2026-Q2 |
| KINTRA WEALTH, LLC | 10,062 | $258K | 0.0% | 2026-Q2 |
| Redwood Financial Network Corp added | 9,747 | $254K | 0.0% | 2026-Q2 |
| Rose Capital Advisors LLC new | 9,453 | $246K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC new | 9,069 | $236K | 0.0% | 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.