Who owns IBIE
Which tracked institutional funds hold IBIE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBIE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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
The tracked-fund tape on IBIE is one-sided between 2026-Q1 and 2026-Q2: 12 added or opened and 3 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
IBIE’s largest tracked holder by dollar value, TRUE Private Wealth Advisors, sizes it at 2.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBIE 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 38 tracked filers holding IBIE, 31 increased or opened the position and 4 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 IBIE 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 5
- Split Rock Private Trading & Wealth Management, LLC$2M
- JANE STREET GROUP, LLC$1M
- DAVENPORT & Co LLC$1M
- Gateway Wealth Partners, LLC$896K
- IFG Advisory, LLC$698K
Full exits 1
- CITADEL ADVISORS LLC$635K
Largest adds
- RAYMOND JAMES FINANCIAL INC$9M
- BlackRock, Inc.$2M
- OSAIC HOLDINGS, INC.$2M
- Quantum Financial Advisors, LLC$952K
- North Star Investment Management Corp.$748K
- CENTRAL TRUST Co$405K
Largest trims
- TRUE Private Wealth Advisors$5M
- Addison Advisors LLC$1M
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 |
|---|---|---|---|---|
| TRUE Private Wealth Advisors trimmed | 1,288,159 | $34M | 37.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 512,385 | $13M | 15.0% | 2026-Q2 |
| Quantum Financial Advisors, LLC added | 368,799 | $10M | 10.8% | 2026-Q2 |
| North Star Investment Management Corp. added | 224,023 | $6M | 6.5% | 2026-Q2 |
| BlackRock, Inc. added | 170,574 | $4M | 5.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 106,845 | $3M | 3.1% | 2026-Q2 |
| CENTRAL TRUST Co added | 99,280 | $3M | 2.9% | 2026-Q2 |
| Split Rock Private Trading & Wealth Management, LLC new | 82,068 | $2M | 2.4% | 2026-Q2 |
| Addison Advisors LLC trimmed | 58,583 | $2M | 1.7% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 46,758 | $1M | 1.4% | 2026-Q2 |
| JIM SAULNIER & ASSOCIATES, LLC added | 39,506 | $1M | 1.2% | 2026-Q2 |
| DAVENPORT & Co LLC new | 38,443 | $1M | 1.1% | 2026-Q2 |
| Gateway Wealth Partners, LLC new | 34,080 | $896K | 1.0% | 2026-Q2 |
| Penobscot Investment Management Company, Inc. added | 34,000 | $894K | 1.0% | 2026-Q2 |
| IFG Advisory, LLC added | 26,547 | $698K | 0.8% | 2026-Q2 |
| Bradley & Co. Private Wealth Management, LLC added | 23,989 | $631K | 0.7% | 2026-Q2 |
| Briggs Wealth Management, Inc added | 23,003 | $605K | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC | 19,236 | $506K | 0.6% | 2026-Q2 |
| MKT Advisors LLC added | 18,932 | $487K | 0.5% | 2026-Q2 |
| ARK & TLK INVESTMENTS, LLC | 17,909 | $471K | 0.5% | 2026-Q2 |
| Cerity Partners LLC added | 17,441 | $459K | 0.5% | 2026-Q2 |
| LPL Financial LLC added | 17,391 | $457K | 0.5% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 16,275 | $428K | 0.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC new | 14,002 | $368K | 0.4% | 2026-Q2 |
| Creative Planning added | 13,902 | $366K | 0.4% | 2026-Q2 |
| 4Thought Financial Group Inc. added | 13,862 | $365K | 0.4% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 11,474 | $302K | 0.3% | 2026-Q2 |
| Strategic Financial Concepts, LLC | 10,770 | $283K | 0.3% | 2026-Q2 |
| Clark Asset Management, LLC added | 10,133 | $266K | 0.3% | 2026-Q2 |
| Allworth Financial LP added | 9,904 | $260K | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 9,772 | $257K | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 6,981 | $184K | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 1,340 | $35K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC | 1,144 | $30K | 0.0% | 2026-Q2 |
| BARRETT & COMPANY, INC. | 1,000 | $26K | 0.0% | 2026-Q2 |
| Asset Dedication, LLC added | 994 | $26K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 694 | $18K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 41 | $1K | 0.0% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 24,203 | $635K | 0.7% | 2026-Q1 stale (1 quarter behind) |
| McIlrath & Eck, LLC new | 1,606 | $42K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Mendota Financial Group, LLC | 2,423 | $63K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| FLOW TRADERS U.S. LLC trimmed | 8,165 | $216K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| UBS Group AG added | 636 | $17K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| JPMORGAN CHASE & CO new | 513 | $13K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.