Who owns IBHF
Which tracked institutional funds hold IBHF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBHF 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
26 tracked funds added or opened IBHF while 36 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
IBHF’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes IBHF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IBHF 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 168 tracked filers holding IBHF, 90 increased or opened the position and 89 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 IBHF 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
- NewEdge Advisors, LLC$6M
- FIDUCIARY FINANCIAL ADVISORS$5M
- Concurrent Investment Advisors, LLC$5M
- Collaborative Fund Advisors, LLC$2M
- Windsor Advisory Group, LLC$763K
- HUB Investment Partners, LLC$671K
Full exits 8
- Hurley Capital, LLC$13M
- Cambridge Investment Research Advisors, Inc.$7M
- Marathon Mission, Inc.$5M
- Ascentis Independent Advisors$3M
- SkyView Investment Advisors, LLC$2M
- BlackRock, Inc.$2M
Largest adds
- CITADEL ADVISORS LLC$11M
- LPL Financial LLC$4M
- Integrated Wealth Concepts LLC$3M
- Parallel Advisors, LLC$2M
- JANE STREET GROUP, LLC$2M
- EVEXIA WEALTH LLC$2M
Largest trims
- Arrow Financial Corp$28M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$20M
- Private Advisor Group, LLC$13M
- Mid-American Wealth Advisory Group, Inc.$11M
- MORGAN STANLEY$8M
- PRIVATE CLIENT SERVICES, LLC$7M
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 2,228,248 | $50M | 10.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,349,023 | $31M | 6.1% | 2026-Q2 |
| COWA, LLC added | 1,186,840 | $27M | 5.4% | 2026-Q2 |
| LBMC INVESTMENT ADVISORS, LLC added | 1,161,706 | $26M | 5.3% | 2026-Q2 |
| STRAIGHTLINE GROUP LLC added | 936,881 | $21M | 4.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 799,082 | $18M | 3.6% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 714,107 | $16M | 3.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 706,652 | $16M | 3.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 658,086 | $15M | 3.0% | 2026-Q2 |
| Ruggaard & Associates LLC trimmed | 525,863 | $12M | 2.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 508,904 | $12M | 2.3% | 2026-Q2 |
| Baltimore-Washington Financial Advisors, Inc. trimmed | 471,122 | $11M | 2.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 468,228 | $11M | 2.1% | 2026-Q2 |
| Mid-American Wealth Advisory Group, Inc. trimmed | 463,778 | $11M | 2.1% | 2026-Q2 |
| Cornerstone Planning, LLC added | 429,198 | $10M | 2.0% | 2026-Q2 |
| Cetera Investment Advisers added | 424,308 | $10M | 1.9% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 389,167 | $9M | 1.8% | 2026-Q2 |
| LITTLEJOHN FINANCIAL SERVICES, INC. trimmed | 327,252 | $7M | 1.5% | 2026-Q2 |
| Delta Wealth Advisors LLC added | 301,742 | $7M | 1.4% | 2026-Q2 |
| BIP Wealth, LLC trimmed | 268,420 | $6M | 1.2% | 2026-Q2 |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 259,315 | $6M | 1.2% | 2026-Q2 |
| TABR Capital Management, LLC added | 249,858 | $6M | 1.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 248,808 | $6M | 1.1% | 2026-Q2 |
| EVEXIA WEALTH LLC added | 243,261 | $5M | 1.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 220,129 | $5M | 1.0% | 2026-Q2 |
| Csenge Advisory Group added | 209,398 | $5M | 1.0% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 206,325 | $5M | 0.9% | 2026-Q2 |
| Parallel Advisors, LLC added | 205,340 | $5M | 0.9% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 204,781 | $5M | 0.9% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 203,118 | $5M | 0.9% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 200,777 | $5M | 0.9% | 2026-Q2 |
| High Note Wealth, LLC added | 193,824 | $4M | 0.9% | 2026-Q2 |
| Scissortail Wealth Management, LLC added | 182,741 | $4M | 0.8% | 2026-Q2 |
| UBS Group AG trimmed | 179,441 | $4M | 0.8% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 178,831 | $4M | 0.8% | 2026-Q2 |
| Krilogy Financial LLC added | 164,498 | $4M | 0.7% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 159,854 | $4M | 0.7% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 151,962 | $3M | 0.7% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 133,328 | $3M | 0.6% | 2026-Q2 |
| Walser Wealth Management Company, A Ltd Liability Co added | 132,422 | $3M | 0.6% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 129,436 | $3M | 0.6% | 2026-Q2 |
| Straight Path Wealth Management added | 124,858 | $3M | 0.6% | 2026-Q2 |
| Arrow Financial Corp trimmed | 124,293 | $3M | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 111,989 | $3M | 0.5% | 2026-Q2 |
| World Investment Advisors trimmed | 107,450 | $2M | 0.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 106,778 | $2M | 0.5% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 103,708 | $2M | 0.5% | 2026-Q2 |
| EIGHT 31 FINANCIAL, LLC added | 103,272 | $2M | 0.5% | 2026-Q2 |
| PRIVATE CLIENT SERVICES, LLC trimmed | 102,734 | $2M | 0.5% | 2026-Q2 |
| Cornerstone Wealth Management, LLC added | 95,165 | $2M | 0.4% | 2026-Q2 |
| Commonwealth Financial Services, LLC trimmed | 91,649 | $2M | 0.4% | 2026-Q2 |
| Collaborative Fund Advisors, LLC new | 90,358 | $2M | 0.4% | 2026-Q2 |
| Sowell Financial Services LLC added | 86,111 | $2M | 0.4% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC | 85,436 | $2M | 0.4% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 84,817 | $2M | 0.4% | 2026-Q2 |
| Brucke Financial, Inc. trimmed | 83,621 | $2M | 0.4% | 2026-Q2 |
| Centennial Advisors, LLC added | 82,910 | $2M | 0.4% | 2026-Q2 |
| Endowment Wealth Management, Inc. added | 82,690 | $2M | 0.4% | 2026-Q2 |
| 10Elms LLP added | 81,664 | $2M | 0.4% | 2026-Q2 |
| Bedel Financial Consulting, Inc. added | 77,356 | $2M | 0.4% | 2026-Q2 |
| Ironwood Financial, llc trimmed | 77,247 | $2M | 0.4% | 2026-Q2 |
| Keeler Thomas Management LLC trimmed | 74,115 | $2M | 0.3% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 70,677 | $2M | 0.3% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 69,075 | $2M | 0.3% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 69,045 | $2M | 0.3% | 2026-Q2 |
| Landing Point Financial Group, LLC trimmed | 68,567 | $2M | 0.3% | 2026-Q2 |
| Tempus Wealth Planning, LLC trimmed | 64,689 | $1M | 0.3% | 2026-Q2 |
| Cottage Street Advisors LLC trimmed | 62,874 | $1M | 0.3% | 2026-Q2 |
| Migdal Insurance & Financial Holdings Ltd. trimmed | 53,016 | $1M | 0.2% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC trimmed | 51,813 | $1M | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 51,594 | $1M | 0.2% | 2026-Q2 |
| Belpointe Asset Management LLC added | 48,790 | $1M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 47,327 | $1M | 0.2% | 2026-Q2 |
| TFR Capital, LLC. added | 47,303 | $1M | 0.2% | 2026-Q2 |
| Werba Rubin Papier Wealth Management added | 46,860 | $1M | 0.2% | 2026-Q2 |
| FOCUSED ALPHA, LLC added | 44,945 | $1M | 0.2% | 2026-Q2 |
| Timber Creek Capital Management LLC added | 44,250 | $1M | 0.2% | 2026-Q2 |
| Aspen Wealth Management LLC added | 42,241 | $957K | 0.2% | 2026-Q2 |
| Madden Advisory Services, Inc. added | 42,174 | $955K | 0.2% | 2026-Q2 |
| FF Advisors,LLC trimmed | 39,502 | $895K | 0.2% | 2026-Q2 |
| BEACON FINANCIAL PLANNING, INC added | 38,834 | $880K | 0.2% | 2026-Q2 |
| NWAM LLC trimmed | 38,638 | $875K | 0.2% | 2026-Q2 |
| Golden Reserve Retirement LLC added | 38,477 | $872K | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 37,711 | $854K | 0.2% | 2026-Q2 |
| Heartland Bank & Trust Co added | 36,983 | $838K | 0.2% | 2026-Q2 |
| REBALANCE, LLC added | 35,790 | $811K | 0.2% | 2026-Q2 |
| Windsor Advisory Group, LLC trimmed | 33,669 | $763K | 0.2% | 2026-Q2 |
| WRAPMANAGER INC trimmed | 32,228 | $730K | 0.1% | 2026-Q2 |
| Carr Financial Group Corp trimmed | 31,851 | $721K | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. added | 30,443 | $690K | 0.1% | 2026-Q2 |
| HM PAYSON & CO | 30,202 | $684K | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 30,141 | $683K | 0.1% | 2026-Q2 |
| Klaas Financial Asset Advisors, LLC added | 29,937 | $678K | 0.1% | 2026-Q2 |
| HUB Investment Partners, LLC new | 29,628 | $671K | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. added | 29,450 | $667K | 0.1% | 2026-Q2 |
| Magnus Financial Group LLC added | 25,515 | $578K | 0.1% | 2026-Q2 |
| Livet Wealth, LLC | 25,135 | $569K | 0.1% | 2026-Q2 |
| Summit Wealth Partners, LLC | 24,722 | $560K | 0.1% | 2026-Q2 |
| Quad-Cities Investment Group, LLC trimmed | 24,500 | $555K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 23,034 | $522K | 0.1% | 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.