Who owns IBHG (IBHG)
Which tracked institutional funds hold IBHG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBHG 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
24 tracked funds added or opened IBHG while 21 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
IBHG’s largest tracked holder by dollar value, LBMC INVESTMENT ADVISORS, LLC, sizes it at 2.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBHG 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 126 tracked filers holding IBHG, 78 increased or opened the position and 42 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 IBHG 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 7
- Bank of New York Mellon Corp$9M
- BIP Wealth, LLC$755K
- JANE STREET GROUP, LLC$723K
- Cerity Partners LLC$704K
- Bedel Financial Consulting, Inc.$660K
- Csenge Advisory Group$527K
Full exits 5
- NewEdge Advisors, LLC$3M
- Sightline Wealth Advisors, LLC$806K
- Austin Private Wealth, LLC$679K
- Global Retirement Partners, LLC$563K
- Creative Planning$517K
Largest adds
- THREADGILL FINANCIAL, LLC$20M
- LPL Financial LLC$5M
- UBS Group AG$3M
- RAYMOND JAMES FINANCIAL INC$1M
- Carr Financial Group Corp$710K
- Walser Wealth Management Company, A Ltd Liability Co$689K
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$84M
- OSAIC HOLDINGS, INC.$15M
- Mutual Advisors, LLC$7M
- Keeler Thomas Management LLC$7M
- Hurley Capital, LLC$4M
- OLD MISSION CAPITAL LLC$4M
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 |
|---|---|---|---|---|
| LBMC INVESTMENT ADVISORS, LLC added | 1,616,618 | $36M | 13.0% | 2026-Q1 |
| LPL Financial LLC added | 1,143,106 | $25M | 9.2% | 2026-Q1 |
| THREADGILL FINANCIAL, LLC added | 962,629 | $21M | 7.8% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec trimmed | 893,063 | $20M | 7.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 799,691 | $18M | 6.5% | 2026-Q1 |
| Bank of New York Mellon Corp new | 400,710 | $9M | 3.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 397,414 | $9M | 3.2% | 2026-Q1 |
| Commonwealth Financial Services, LLC added | 388,086 | $9M | 3.1% | 2026-Q1 |
| UBS Group AG added | 334,890 | $7M | 2.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 325,363 | $7M | 2.6% | 2026-Q1 |
| Cetera Investment Advisers added | 263,300 | $6M | 2.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 248,889 | $6M | 2.0% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 222,613 | $5M | 1.8% | 2026-Q1 |
| MORGAN STANLEY added | 217,172 | $5M | 1.8% | 2026-Q1 |
| Mid-American Wealth Advisory Group, Inc. | 208,868 | $5M | 1.7% | 2026-Q1 |
| Ironwood Financial, llc added | 165,529 | $4M | 1.3% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 136,304 | $3M | 1.1% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 135,973 | $3M | 1.1% | 2026-Q1 |
| Keeler Thomas Management LLC trimmed | 133,662 | $3M | 1.1% | 2026-Q1 |
| Straight Path Wealth Management added | 127,576 | $3M | 1.0% | 2026-Q1 |
| Carr Financial Group Corp added | 119,847 | $3M | 1.0% | 2026-Q1 |
| EVEXIA WEALTH LLC added | 116,882 | $3M | 0.9% | 2026-Q1 |
| EIGHT 31 FINANCIAL, LLC trimmed | 104,342 | $2M | 0.8% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 92,068 | $2M | 0.7% | 2026-Q1 |
| Penobscot Investment Management Company, Inc. added | 89,425 | $2M | 0.7% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 83,009 | $2M | 0.7% | 2026-Q1 |
| Advisory Services Network, LLC trimmed | 77,912 | $2M | 0.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 74,575 | $2M | 0.6% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 73,137 | $2M | 0.6% | 2026-Q1 |
| BlackRock, Inc. added | 70,995 | $2M | 0.6% | 2026-Q1 |
| Centennial Advisors, LLC trimmed | 54,927 | $1M | 0.4% | 2026-Q1 |
| BridgePort Financial Solutions, LLC trimmed | 54,580 | $1M | 0.4% | 2026-Q1 |
| Foundations Investment Advisors, LLC added | 54,452 | $1M | 0.4% | 2026-Q1 |
| IFP Advisors, Inc added | 54,131 | $1M | 0.4% | 2026-Q1 |
| Walser Wealth Management Company, A Ltd Liability Co added | 49,838 | $1M | 0.4% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 49,748 | $1M | 0.4% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 45,390 | $1M | 0.4% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 44,931 | $994K | 0.4% | 2026-Q1 |
| Parallel Advisors, LLC added | 42,725 | $946K | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 42,429 | $939K | 0.3% | 2026-Q1 |
| FOCUSED ALPHA, LLC added | 41,617 | $921K | 0.3% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 41,078 | $909K | 0.3% | 2026-Q1 |
| Tempus Wealth Planning, LLC added | 39,772 | $880K | 0.3% | 2026-Q1 |
| COWA, LLC added | 39,195 | $867K | 0.3% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 37,305 | $825K | 0.3% | 2026-Q1 |
| WRAPMANAGER INC added | 37,158 | $822K | 0.3% | 2026-Q1 |
| REBALANCE, LLC trimmed | 36,421 | $806K | 0.3% | 2026-Q1 |
| Heartland Bank & Trust Co added | 35,631 | $789K | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC added | 34,489 | $763K | 0.3% | 2026-Q1 |
| BIP Wealth, LLC new | 34,139 | $755K | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 32,666 | $723K | 0.3% | 2026-Q1 |
| Cerity Partners LLC new | 31,797 | $704K | 0.3% | 2026-Q1 |
| Rialto Wealth Management, LLC trimmed | 31,258 | $692K | 0.3% | 2026-Q1 |
| Timber Creek Capital Management LLC added | 31,076 | $688K | 0.3% | 2026-Q1 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC added | 30,000 | $664K | 0.2% | 2026-Q1 |
| Bedel Financial Consulting, Inc. new | 29,827 | $660K | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 27,150 | $601K | 0.2% | 2026-Q1 |
| Aspen Wealth Management LLC added | 26,802 | $593K | 0.2% | 2026-Q1 |
| High Note Wealth, LLC added | 26,316 | $582K | 0.2% | 2026-Q1 |
| Klaas Financial Asset Advisors, LLC added | 26,269 | $581K | 0.2% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 25,854 | $572K | 0.2% | 2026-Q1 |
| Guidance Point Advisors, LLC added | 25,335 | $561K | 0.2% | 2026-Q1 |
| Baird Financial Group, Inc. added | 25,093 | $555K | 0.2% | 2026-Q1 |
| Kastel Capital Advisors, LLC | 24,762 | $553K | 0.2% | 2026-Q1 |
| Madden Advisory Services, Inc. added | 24,321 | $538K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 23,871 | $528K | 0.2% | 2026-Q1 |
| Csenge Advisory Group new | 23,809 | $527K | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 23,631 | $523K | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 23,555 | $521K | 0.2% | 2026-Q1 |
| HEADINVEST, LLC trimmed | 20,700 | $458K | 0.2% | 2026-Q1 |
| FLOW TRADERS U.S. LLC trimmed | 20,412 | $452K | 0.2% | 2026-Q1 |
| RIVER'S EDGE WEALTH MANAGEMENT, LLC added | 19,600 | $435K | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 18,908 | $418K | 0.2% | 2026-Q1 |
| LITTLEJOHN FINANCIAL SERVICES, INC. added | 18,627 | $412K | 0.2% | 2026-Q1 |
| Landing Point Financial Group, LLC trimmed | 16,442 | $364K | 0.1% | 2026-Q1 |
| Freestone Capital Holdings, LLC trimmed | 15,751 | $349K | 0.1% | 2026-Q1 |
| Mayflower Financial Advisors, LLC | 15,662 | $347K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 15,037 | $333K | 0.1% | 2026-Q1 |
| Orion Capital Management LLC | 14,000 | $310K | 0.1% | 2026-Q1 |
| Belpointe Asset Management LLC trimmed | 13,917 | $308K | 0.1% | 2026-Q1 |
| Pure Financial Advisors, LLC added | 13,553 | $300K | 0.1% | 2026-Q1 |
| BARON SILVER STEVENS FINANCIAL ADVISORS, LLC | 13,406 | $297K | 0.1% | 2026-Q1 |
| Focus Partners Wealth | 13,378 | $296K | 0.1% | 2026-Q1 |
| NewEdge Advisors, LLC added | 152,907 | $3M | 1.2% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 104,281 | $2M | 0.9% | 2025-Q2 stale |
| SUMMIT INVESTMENT ADVISORS, INC. added | 97,610 | $2M | 0.8% | 2025-Q2 stale |
| Orion Porfolio Solutions, LLC added | 54,572 | $1M | 0.4% | 2025-Q2 stale |
| Orion Portfolio Solutions, LLC new | 51,253 | $1M | 0.4% | 2025-Q1 stale |
| Sightline Wealth Advisors, LLC trimmed | 36,106 | $806K | 0.3% | 2025-Q4 stale |
| Sigma Planning Corp added | 35,007 | $789K | 0.3% | 2025-Q2 stale |
| JPMORGAN CHASE & CO added | 34,330 | $772K | 0.3% | 2025-Q3 stale |
| Austin Private Wealth, LLC added | 30,403 | $679K | 0.2% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 25,230 | $563K | 0.2% | 2025-Q4 stale |
| Consolidated Portfolio Review Corp added | 23,219 | $522K | 0.2% | 2025-Q3 stale |
| Creative Planning new | 23,168 | $517K | 0.2% | 2025-Q4 stale |
| Marble Harbor Investment Counsel, LLC trimmed | 17,730 | $400K | 0.1% | 2025-Q2 stale |
| Hobbs Group Advisors, LLC new | 17,173 | $383K | 0.1% | 2025-Q4 stale |
| Boreal Capital Management LLC | 0 | $366K | 0.1% | 2025-Q4 stale |
| SkyView Investment Advisors, LLC new | 15,321 | $345K | 0.1% | 2025-Q3 stale |
| Robertson Stephens Wealth Management, LLC trimmed | 14,512 | $324K | 0.1% | 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.