Who owns IBHJ
Which tracked institutional funds hold IBHJ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBHJ company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
7 tracked funds added or opened IBHJ while 4 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
IBHJ’s largest tracked holder by dollar value, LBMC INVESTMENT ADVISORS, LLC, sizes it at 1.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBHJ 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 47 tracked filers holding IBHJ, 32 increased or opened the position and 9 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 IBHJ 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 1
- Chicago Partners Investment Group LLC$5M
Full exits 1
- UBS Group AG$1M
Largest adds
- LBMC INVESTMENT ADVISORS, LLC$3M
- MERCER GLOBAL ADVISORS INC /ADV$2M
- LPL Financial LLC$2M
- BANK OF AMERICA CORP /DE/$555K
- MORGAN STANLEY$384K
- BlackRock, Inc.$376K
Largest trims
- Keeler Thomas Management LLC$2M
- JANE STREET GROUP, LLC$1M
- COMMONWEALTH EQUITY SERVICES, LLC$975K
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 | 933,587 | $24M | 40.9% | 2026-Q1 |
| Marathon Mission, Inc. added | 203,575 | $5M | 8.9% | 2026-Q1 |
| Chicago Partners Investment Group LLC new | 189,504 | $5M | 8.4% | 2026-Q1 |
| LPL Financial LLC added | 95,972 | $3M | 4.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 89,797 | $2M | 3.9% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 85,160 | $2M | 3.7% | 2026-Q1 |
| Straight Path Wealth Management added | 73,952 | $2M | 3.2% | 2026-Q1 |
| MORGAN STANLEY added | 69,039 | $2M | 3.0% | 2026-Q1 |
| BlackRock, Inc. added | 60,076 | $2M | 2.6% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 58,397 | $2M | 2.6% | 2026-Q1 |
| WRAPMANAGER INC trimmed | 31,043 | $814K | 1.4% | 2026-Q1 |
| Keeler Thomas Management LLC trimmed | 28,357 | $744K | 1.2% | 2026-Q1 |
| FOCUSED ALPHA, LLC added | 23,941 | $628K | 1.0% | 2026-Q1 |
| Cetera Investment Advisers added | 21,975 | $576K | 1.0% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 21,699 | $569K | 0.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 21,000 | $551K | 0.9% | 2026-Q1 |
| First Western Trust Bank new | 18,608 | $488K | 0.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 17,578 | $461K | 0.8% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 16,406 | $430K | 0.7% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 16,266 | $426K | 0.7% | 2026-Q1 |
| Freestone Capital Holdings, LLC trimmed | 13,335 | $350K | 0.6% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 13,165 | $345K | 0.6% | 2026-Q1 |
| Segment Wealth Management, LLC new | 12,925 | $339K | 0.6% | 2026-Q1 |
| Aspen Wealth Management LLC | 11,292 | $296K | 0.5% | 2026-Q1 |
| Stockman Wealth Management, Inc. added | 11,060 | $290K | 0.5% | 2026-Q1 |
| IFP Advisors, Inc added | 11,026 | $289K | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN new | 10,532 | $276K | 0.5% | 2026-Q1 |
| THREADGILL FINANCIAL, LLC new | 9,621 | $252K | 0.4% | 2026-Q1 |
| Ellis Investment Partners, LLC added | 9,444 | $248K | 0.4% | 2026-Q1 |
| TABLEAUX LLC new | 9,337 | $245K | 0.4% | 2026-Q1 |
| Stratos Wealth Partners, LTD. new | 7,877 | $207K | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 6,446 | $169K | 0.3% | 2026-Q1 |
| Parallel Advisors, LLC new | 3,376 | $89K | 0.1% | 2026-Q1 |
| CNB Bank trimmed | 3,150 | $83K | 0.1% | 2026-Q1 |
| Orion Capital Management LLC | 3,000 | $79K | 0.1% | 2026-Q1 |
| BARRETT & COMPANY, INC. | 2,740 | $72K | 0.1% | 2026-Q1 |
| Ascentis Independent Advisors new | 2,600 | $68K | 0.1% | 2026-Q1 |
| High Note Wealth, LLC added | 1,877 | $49K | 0.1% | 2026-Q1 |
| Blue Trust, Inc. added | 743 | $19K | 0.0% | 2026-Q1 |
| HAZLETT, BURT & WATSON, INC. added | 681 | $18K | 0.0% | 2026-Q1 |
| Bogart Wealth, LLC | 563 | $15K | 0.0% | 2026-Q1 |
| HM PAYSON & CO | 377 | $10K | 0.0% | 2026-Q1 |
| Cherry Tree Wealth Management, LLC | 326 | $9K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC | 120 | $3K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. | 60 | $2K | 0.0% | 2026-Q1 |
| GAMMA Investing LLC trimmed | 25 | $656 | 0.0% | 2026-Q1 |
| FMR LLC new | 9 | $232 | 0.0% | 2026-Q1 |
| UBS Group AG added | 48,095 | $1M | 2.1% | 2025-Q4 stale |
| M3 Advisory Group, LLC trimmed | 7,475 | $200K | 0.3% | 2025-Q3 stale |
| Global Retirement Partners, LLC | 2,000 | $54K | 0.1% | 2025-Q3 stale |
| JPMORGAN CHASE & CO new | 1,000 | $26K | 0.0% | 2025-Q1 stale |
| NewEdge Advisors, LLC new | 387 | $10K | 0.0% | 2025-Q4 stale |
| Clearstead Advisors, LLC new | 154 | $4K | 0.0% | 2025-Q3 stale |
| Advisory Services Network, LLC new | 131 | $4K | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.