Who owns IBND
Which tracked institutional funds hold IBND, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBND company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
17 tracked funds added or opened IBND while 28 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
IBND’s largest tracked holder by dollar value, Farther Finance Advisors, LLC, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBND 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 110 tracked filers holding IBND, 50 increased or opened the position and 69 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 IBND 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.
Full exits 13
- Leo Wealth, LLC$14M
- Hobart Private Capital, LLC$4M
- Cambridge Investment Research Advisors, Inc.$4M
- HRT FINANCIAL LP$4M
- Foundations Investment Advisors, LLC$3M
- Summit Global Investments$2M
Largest adds
- Farther Finance Advisors, LLC$10M
- LODESTAR PRIVATE ASSET MANAGEMENT LLC$2M
- JONES FINANCIAL COMPANIES LLLP$1M
- STATE STREET CORP$754K
- RAYMOND JAMES FINANCIAL INC$736K
- Israel Discount Bank of New York$721K
Largest trims
- JANE STREET GROUP, LLC$9M
- LEUTHOLD GROUP, LLC$7M
- LFA - Lugano Financial Advisors SA$4M
- BANK OF AMERICA CORP /DE/$3M
- Integrated Wealth Concepts LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$2M
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 |
|---|---|---|---|---|
| Farther Finance Advisors, LLC added | 2,051,921 | $64M | 25.4% | 2026-Q2 |
| Checchi Capital Advisers, LLC added | 709,863 | $22M | 8.8% | 2026-Q2 |
| LODESTAR PRIVATE ASSET MANAGEMENT LLC added | 671,979 | $21M | 8.3% | 2026-Q2 |
| LPL Financial LLC trimmed | 351,948 | $11M | 4.4% | 2026-Q2 |
| MORGAN STANLEY trimmed | 305,103 | $10M | 3.8% | 2026-Q2 |
| Ameritas Investment Partners, Inc. added | 282,960 | $9M | 3.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 274,148 | $9M | 3.4% | 2026-Q2 |
| STATE STREET CORP added | 238,685 | $7M | 3.0% | 2026-Q2 |
| LAM GROUP, INC. trimmed | 213,150 | $7M | 2.6% | 2026-Q2 |
| Israel Discount Bank of New York added | 205,477 | $6M | 2.5% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 173,116 | $5M | 2.1% | 2026-Q2 |
| Obsido Oy added | 172,843 | $5M | 2.1% | 2026-Q2 |
| N.E.W. Advisory Services LLC added | 143,210 | $4M | 1.8% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 137,734 | $4M | 1.7% | 2026-Q2 |
| FSA WEALTH PARTNERS, INC. added | 125,939 | $4M | 1.6% | 2026-Q2 |
| Rathbones Group PLC trimmed | 121,662 | $4M | 1.5% | 2026-Q2 |
| UBS Group AG trimmed | 120,049 | $4M | 1.5% | 2026-Q2 |
| CFG Wealth Management Services, Inc. | 116,282 | $4M | 1.4% | 2026-Q2 |
| AE Wealth Management LLC added | 100,772 | $3M | 1.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 92,579 | $3M | 1.1% | 2026-Q2 |
| Idaho Trust Co added | 90,052 | $3M | 1.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 84,213 | $3M | 1.0% | 2026-Q2 |
| Aspect Partners, LLC added | 81,769 | $3M | 1.0% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 73,330 | $2M | 0.9% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC trimmed | 61,578 | $2M | 0.8% | 2026-Q2 |
| Cerity Partners OCIO LLC trimmed | 51,839 | $2M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 43,076 | $1M | 0.5% | 2026-Q2 |
| North Star Investment Management Corp. added | 41,724 | $1M | 0.5% | 2026-Q2 |
| Emerald Investment Advisers, LLC | 40,366 | $1M | 0.5% | 2026-Q2 |
| Insight Advisors, LLC/ PA added | 39,838 | $1M | 0.5% | 2026-Q2 |
| Cerity Partners LLC added | 39,237 | $1M | 0.5% | 2026-Q2 |
| OPTIMA CAPITAL LLC trimmed | 36,447 | $1M | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 35,389 | $1M | 0.4% | 2026-Q2 |
| Tempus Wealth Planning, LLC added | 35,340 | $1M | 0.4% | 2026-Q2 |
| Haven Private, LLC trimmed | 35,087 | $1M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 34,919 | $1M | 0.4% | 2026-Q2 |
| HEADINVEST, LLC added | 33,425 | $1M | 0.4% | 2026-Q2 |
| BARINGS LLC trimmed | 27,966 | $872K | 0.3% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 26,590 | $829K | 0.3% | 2026-Q2 |
| Bank Julius Baer & Co. Ltd, Zurich added | 26,131 | $816K | 0.3% | 2026-Q2 |
| Family CFO Inc trimmed | 24,982 | $779K | 0.3% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 23,834 | $743K | 0.3% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 22,303 | $695K | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 22,134 | $691K | 0.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 21,072 | $657K | 0.3% | 2026-Q2 |
| Hyundai Investments Co., Ltd. added | 20,684 | $646K | 0.3% | 2026-Q2 |
| Destination Wealth Management added | 19,670 | $613K | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 19,000 | $592K | 0.2% | 2026-Q2 |
| LEUTHOLD GROUP, LLC trimmed | 18,413 | $574K | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 17,843 | $556K | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ | 17,491 | $545K | 0.2% | 2026-Q2 |
| CCG WEALTH MANAGEMENT, LLC | 17,033 | $531K | 0.2% | 2026-Q2 |
| Omega Financial Group, LLC trimmed | 15,605 | $487K | 0.2% | 2026-Q2 |
| AMG National Trust Bank added | 14,356 | $448K | 0.2% | 2026-Q2 |
| Patten Group, Inc. trimmed | 13,941 | $435K | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC trimmed | 13,563 | $423K | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 12,822 | $400K | 0.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 12,404 | $387K | 0.2% | 2026-Q2 |
| Composition Wealth, LLC added | 12,360 | $385K | 0.2% | 2026-Q2 |
| Odyssey Capital Advisors, Inc. added | 11,334 | $353K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC | 11,010 | $343K | 0.1% | 2026-Q2 |
| Independent Advisor Alliance trimmed | 10,998 | $343K | 0.1% | 2026-Q2 |
| Savvy Advisors, Inc. new | 10,525 | $328K | 0.1% | 2026-Q2 |
| Cambridge Advisors Inc. | 10,400 | $324K | 0.1% | 2026-Q2 |
| Wagner Wealth Management, Corp added | 10,208 | $318K | 0.1% | 2026-Q2 |
| RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC added | 9,780 | $305K | 0.1% | 2026-Q2 |
| TRU INDEPENDENCE ASSET MANAGEMENT 2, LLC new | 8,967 | $280K | 0.1% | 2026-Q2 |
| RPg Family Wealth Advisory, LLC trimmed | 8,953 | $279K | 0.1% | 2026-Q2 |
| Risk Paradigm Group, LLC trimmed | 8,549 | $267K | 0.1% | 2026-Q2 |
| Tennessee Valley Asset Management Partners added | 8,064 | $251K | 0.1% | 2026-Q2 |
| Ameritas Advisory Services, LLC trimmed | 7,830 | $244K | 0.1% | 2026-Q2 |
| &PARTNERS trimmed | 7,709 | $240K | 0.1% | 2026-Q2 |
| FIDUCIARY FINANCIAL GROUP, LLC new | 7,518 | $234K | 0.1% | 2026-Q2 |
| Dunhill Financial, LLC | 7,179 | $224K | 0.1% | 2026-Q2 |
| Dynamic Advisor Solutions LLC new | 6,831 | $213K | 0.1% | 2026-Q2 |
| SCOTIA CAPITAL INC. new | 6,792 | $212K | 0.1% | 2026-Q2 |
| United Advisor Group, LLC trimmed | 6,535 | $204K | 0.1% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 4,575 | $143K | 0.1% | 2026-Q2 |
| US BANCORP \DE\ new | 3,930 | $123K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc | 3,920 | $122K | 0.0% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. trimmed | 2,944 | $92K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 2,497 | $78K | 0.0% | 2026-Q2 |
| FMR LLC added | 2,247 | $70K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 1,700 | $53K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 1,648 | $51K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 1,500 | $47K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 1,465 | $46K | 0.0% | 2026-Q2 |
| IMA Advisory Services, Inc. new | 1,332 | $42K | 0.0% | 2026-Q2 |
| LFA - Lugano Financial Advisors SA trimmed | 1,274 | $40K | 0.0% | 2026-Q2 |
| Hamrick Investment Counsel, llc added | 1,120 | $35K | 0.0% | 2026-Q2 |
| Urban Financial Advisory Corp trimmed | 874 | $27K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 850 | $27K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA trimmed | 597 | $19K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 550 | $17K | 0.0% | 2026-Q2 |
| Triumph Capital Management trimmed | 471 | $15K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 458 | $14K | 0.0% | 2026-Q2 |
| Godfrey Financial Associates, Inc. | 455 | $14K | 0.0% | 2026-Q2 |
| Front Row Advisors LLC | 400 | $12K | 0.0% | 2026-Q2 |
| TUCKER ASSET MANAGEMENT LLC trimmed | 356 | $11K | 0.0% | 2026-Q2 |
| Transamerica Financial Advisors, LLC trimmed | 288 | $9K | 0.0% | 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.