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Institutional Ownership · SEC Form 13F

Who owns IBN


Which tracked institutional funds hold IBN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBN 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.

540
Institutional holders
591M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on IBN is one-sided between 2025-Q4 and 2026-Q1: 63 added or opened and 245 trimmed or exited — on balance reducing.

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

IBN’s largest tracked holder by dollar value, GQG Partners LLC, sizes it at 3.2% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 3.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in IBN 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 540 tracked filers holding IBN, 217 increased or opened the position and 332 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 IBN 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 14

  • VANGUARD PORTFOLIO MANAGEMENT LLC$23M
  • MASSACHUSETTS FINANCIAL SERVICES CO /MA/$18M
  • ALGEBRIS (UK) LTD$13M
  • Carmel Capital Management L.L.C.$5M
  • Dixon Mitchell Investment Counsel Inc.$4M
  • NORTHSTAR ASSET MANAGEMENT INC$4M

Full exits 37

  • Charles-Lim Capital Ltd$48M
  • TWO SIGMA ADVISERS, LP$37M
  • Main Street Research LLC$30M
  • VANGUARD GROUP INC$28M
  • TUDOR INVESTMENT CORP ET AL$11M
  • Quadrature Capital Ltd$10M

Largest adds

  • FIL Ltd$143M
  • Carrhae Capital LLP$71M
  • BANK OF AMERICA CORP /DE/$65M
  • ALLIANCEBERNSTEIN L.P.$48M
  • SG Americas Securities, LLC$43M
  • MILLENNIUM MANAGEMENT LLC$37M

Largest trims

  • MORGAN STANLEY$356M
  • WCM INVESTMENT MANAGEMENT, LLC$275M
  • GQG Partners LLC$220M
  • Temasek Holdings (Private) Ltd$114M
  • JPMORGAN CHASE & CO$113M
  • Hardman Johnston Global Advisors LLC$87M

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).

FundSharesReported value% of valueQuarter
GQG Partners LLC added77,366,552$2.0B13.5%2026-Q1
WCM INVESTMENT MANAGEMENT, LLC trimmed52,241,896$1.3B8.8%2026-Q1
MORGAN STANLEY trimmed48,117,738$1.2B8.4%2026-Q1
Temasek Holdings (Private) Ltd29,195,789$756M5.1%2026-Q1
Invesco Ltd. added21,823,969$565M3.8%2026-Q1
Robeco Institutional Asset Management B.V. added19,838,697$514M3.4%2026-Q1
FIL Ltd added14,140,954$366M2.5%2026-Q1
JPMORGAN CHASE & CO trimmed13,758,333$347M2.3%2026-Q1
BANK OF AMERICA CORP /DE/ added12,932,141$335M2.2%2026-Q1
Capital International Investors trimmed11,777,830$305M2.0%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed10,860,499$281M1.9%2026-Q1
Ninety One UK Ltd added9,651,781$250M1.7%2026-Q1
North of South Capital LLP added8,439,972$219M1.5%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP added8,366,632$217M1.5%2026-Q1
STATE STREET CORP trimmed8,255,380$214M1.4%2026-Q1
GOLDMAN SACHS GROUP INC trimmed7,964,056$206M1.4%2026-Q1
Milestone Resources Group Ltd7,890,422$204M1.4%2026-Q1
Man Group plc trimmed7,122,400$184M1.2%2026-Q1
D. E. Shaw & Co., Inc. added6,712,676$174M1.2%2026-Q1
BlackRock, Inc. trimmed6,447,594$167M1.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added6,015,665$156M1.0%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed5,652,197$146M1.0%2026-Q1
FRANKLIN RESOURCES INC trimmed5,447,568$141M0.9%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed5,050,125$131M0.9%2026-Q1
DEUTSCHE BANK AG\ trimmed5,048,362$131M0.9%2026-Q1
Carrhae Capital LLP added5,039,743$131M0.9%2026-Q1
BAILLIE GIFFORD & CO added4,912,767$127M0.9%2026-Q1
Ashoka WhiteOak Capital Pte Ltd trimmed4,782,824$122M0.8%2026-Q1
Daiwa Securities Group Inc. trimmed4,474,438$116M0.8%2026-Q1
EARNEST PARTNERS LLC trimmed4,469,861$116M0.8%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed4,429,237$115M0.8%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC added4,299,737$111M0.7%2026-Q1
Driehaus Capital Management LLC added4,256,860$110M0.7%2026-Q1
Alua Capital Management LP4,105,717$106M0.7%2026-Q1
HSBC HOLDINGS PLC added4,035,629$104M0.7%2026-Q1
AMANSA CAPITAL PTE. LTD. trimmed4,000,000$104M0.7%2026-Q1
MILLENNIUM MANAGEMENT LLC added3,994,056$103M0.7%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed3,602,005$93M0.6%2026-Q1
NORTHERN TRUST CORP trimmed3,550,665$92M0.6%2026-Q1
SEI INVESTMENTS CO added3,372,826$87M0.6%2026-Q1
UBS Group AG trimmed3,352,742$87M0.6%2026-Q1
Pictet Asset Management Holding SA added3,294,052$85M0.6%2026-Q1
NATIONAL BANK OF CANADA /FI/ trimmed3,282,011$85M0.6%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed3,254,423$84M0.6%2026-Q1
Clearbridge Investments, LLC trimmed3,243,865$84M0.6%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added3,165,313$82M0.6%2026-Q1
Hardman Johnston Global Advisors LLC trimmed2,984,885$77M0.5%2026-Q1
Russell Investments Group, Ltd. added2,851,147$74M0.5%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added2,842,563$74M0.5%2026-Q1
SG Americas Securities, LLC added2,662,894$69M0.5%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed2,485,103$64M0.4%2026-Q1
FMR LLC trimmed2,171,204$56M0.4%2026-Q1
Holocene Advisors, LP added2,112,869$55M0.4%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed2,079,791$54M0.4%2026-Q1
ALLIANCEBERNSTEIN L.P. added1,771,886$53M0.4%2026-Q1
JANE STREET GROUP, LLC added1,950,129$51M0.3%2026-Q1
C WorldWide Group Holding A/S trimmed1,900,376$49M0.3%2026-Q1
Fisher Asset Management, LLC added1,806,628$47M0.3%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed1,682,200$44M0.3%2026-Q1
EDMOND DE ROTHSCHILD HOLDING S.A. added1,541,332$40M0.3%2026-Q1
EFG International AG added1,445,878$37M0.3%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed1,376,191$36M0.2%2026-Q1
BSN CAPITAL PARTNERS Ltd1,150,000$35M0.2%2026-Q1
PANAGORA ASSET MANAGEMENT INC trimmed1,322,934$34M0.2%2026-Q1
Think Investments LP1,292,200$33M0.2%2026-Q1
Cullen Capital Management, LLC trimmed1,290,726$33M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed1,267,588$33M0.2%2026-Q1
E. Ohman J:or Asset Management AB added1,256,149$33M0.2%2026-Q1
MACKENZIE FINANCIAL CORP trimmed1,148,145$30M0.2%2026-Q1
Assenagon Asset Management S.A. trimmed1,146,817$30M0.2%2026-Q1
Amundi added1,133,357$29M0.2%2026-Q1
NATIXIS ADVISORS, LLC added1,125,525$29M0.2%2026-Q1
NOMURA ASSET MANAGEMENT CO LTD trimmed1,097,757$28M0.2%2026-Q1
OLD MISSION CAPITAL LLC added1,087,324$28M0.2%2026-Q1
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed1,041,180$27M0.2%2026-Q1
Vontobel Holding Ltd. trimmed994,843$26M0.2%2026-Q1
ALPS ADVISORS INC added951,275$25M0.2%2026-Q1
Rockefeller Capital Management L.P. trimmed927,565$24M0.2%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new904,499$23M0.2%2026-Q1
BANK OF MONTREAL /CAN/ trimmed901,115$23M0.2%2026-Q1
Border to Coast Pensions Partnership Ltd added877,715$23M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed791,889$21M0.1%2026-Q1
RAYMOND JAMES FINANCIAL INC added751,986$19M0.1%2026-Q1
MARSHALL WACE, LLP trimmed730,983$19M0.1%2026-Q1
Crestwood Capital Management, L.P. added708,900$18M0.1%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ new688,476$18M0.1%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB added692,710$18M0.1%2026-Q1
Egerton Capital (UK) LLP trimmed5,031,304$159M1.1%2025-Q1 stale
MARTIN CURRIE LTD trimmed4,078,097$137M0.9%2025-Q2 stale
Charles-Lim Capital Ltd trimmed1,625,000$48M0.3%2025-Q4 stale
Dalton Investments, Inc.1,176,842$40M0.3%2025-Q2 stale
TWO SIGMA ADVISERS, LP added1,234,000$37M0.2%2025-Q4 stale
CI INVESTMENTS INC. trimmed1,072,073$32M0.2%2025-Q3 stale
Main Street Research LLC trimmed1,022,131$30M0.2%2025-Q4 stale
PINEBRIDGE INVESTMENTS, L.P. trimmed959,750$29M0.2%2025-Q3 stale
VANGUARD GROUP INC trimmed940,634$28M0.2%2025-Q4 stale
CLOUGH CAPITAL PARTNERS L P added918,412$28M0.2%2025-Q3 stale
AXA S.A. added760,623$26M0.2%2025-Q2 stale
AXA Investment Managers S.A. new800,401$24M0.2%2025-Q3 stale
RENAISSANCE TECHNOLOGIES LLC trimmed642,550$19M0.1%2025-Q3 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.

HoldersTotal shares

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.

Learn how to read institutional ownership