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Institutional Ownership · SEC Form 13F

Who owns IBND (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-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

126
Institutional holders
9,755,678
Shares held (tracked funds)

How the tape is positioned

33 tracked funds added or opened IBND while 20 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

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 2025-Q4 and 2026-Q1, across 126 tracked filers holding IBND, 76 increased or opened the position and 53 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 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 13

  • Leo Wealth, LLC$14M
  • JANE STREET GROUP, LLC$10M
  • HRT FINANCIAL LP$4M
  • Integrated Wealth Concepts LLC$3M
  • Summit Global Investments$2M
  • HighTower Advisors, LLC$2M

Full exits 9

  • NewSquare Capital LLC$6M
  • Prospera Financial Services Inc$3M
  • Nilsine Partners, LLC$3M
  • SYKON CAPITAL LLC$3M
  • FIRST TRUST ADVISORS LP$2M
  • VanderPol Investments L.L.C.$1M

Largest adds

  • Farther Finance Advisors, LLC$13M
  • MORGAN STANLEY$5M
  • BANK OF AMERICA CORP /DE/$3M
  • Foundations Investment Advisors, LLC$3M
  • Israel Discount Bank of New York$2M
  • ROYAL BANK OF CANADA$2M

Largest trims

  • Lifestyle Asset Management, Inc.$15M
  • LAM GROUP, INC.$4M
  • RAYMOND JAMES FINANCIAL INC$2M
  • Transamerica Financial Advisors, LLC$757K
  • GREAT VALLEY ADVISOR GROUP, INC.$718K
  • Wagner Wealth Management, Corp$702K

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
Farther Finance Advisors, LLC added1,727,635$54M15.0%2026-Q1
Checchi Capital Advisers, LLC added709,148$22M6.1%2026-Q1
LODESTAR PRIVATE ASSET MANAGEMENT LLC added622,167$19M5.4%2026-Q1
Leo Wealth, LLC new462,961$14M4.0%2026-Q1
BANK OF AMERICA CORP /DE/ added367,731$11M3.2%2026-Q1
MORGAN STANLEY added361,621$11M3.1%2026-Q1
LPL Financial LLC added354,253$11M3.1%2026-Q1
JANE STREET GROUP, LLC added315,854$10M2.7%2026-Q1
Ameritas Investment Partners, Inc. trimmed266,013$8M2.3%2026-Q1
LEUTHOLD GROUP, LLC trimmed254,065$8M2.2%2026-Q1
LAM GROUP, INC. trimmed215,900$7M1.9%2026-Q1
STATE STREET CORP added215,196$7M1.9%2026-Q1
Israel Discount Bank of New York added182,943$6M1.6%2026-Q1
ROYAL BANK OF CANADA added181,543$6M1.6%2026-Q1
Obsido Oy added159,672$5M1.4%2026-Q1
WELLS FARGO & COMPANY/MN added152,971$5M1.3%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added143,689$4M1.2%2026-Q1
Hobart Private Capital, LLC trimmed139,337$4M1.2%2026-Q1
N.E.W. Advisory Services LLC added136,901$4M1.2%2026-Q1
LFA - Lugano Financial Advisors SA added125,704$4M1.1%2026-Q1
Rathbones Group PLC added122,142$4M1.1%2026-Q1
UBS Group AG added121,274$4M1.0%2026-Q1
Cambridge Investment Research Advisors, Inc. added116,318$4M1.0%2026-Q1
CFG Wealth Management Services, Inc. added116,282$4M1.0%2026-Q1
HRT FINANCIAL LP new113,863$4M1.0%2026-Q1
FSA WEALTH PARTNERS, INC. added103,191$3M0.9%2026-Q1
Foundations Investment Advisors, LLC added101,134$3M0.9%2026-Q1
Integrated Wealth Concepts LLC new93,836$3M0.8%2026-Q1
Idaho Trust Co added83,941$3M0.7%2026-Q1
AE Wealth Management LLC added79,454$2M0.7%2026-Q1
BARINGS LLC added78,778$2M0.7%2026-Q1
Summit Global Investments new72,671$2M0.6%2026-Q1
Aspect Partners, LLC added66,234$2M0.6%2026-Q1
Gerber Kawasaki Wealth & Investment Management added66,112$2M0.6%2026-Q1
HighTower Advisors, LLC added63,583$2M0.6%2026-Q1
Cerity Partners OCIO LLC added62,575$2M0.5%2026-Q1
GUGGENHEIM CAPITAL LLC trimmed61,713$2M0.5%2026-Q1
JONES FINANCIAL COMPANIES LLLP added57,440$2M0.5%2026-Q1
OPTIMA CAPITAL LLC trimmed46,335$1M0.4%2026-Q1
OSAIC HOLDINGS, INC. added46,186$1M0.4%2026-Q1
Emerald Investment Advisers, LLC new40,366$1M0.3%2026-Q1
Insight Advisors, LLC/ PA added38,210$1M0.3%2026-Q1
Haven Private, LLC trimmed37,107$1M0.3%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. trimmed35,377$1M0.3%2026-Q1
MML INVESTORS SERVICES, LLC trimmed34,707$1M0.3%2026-Q1
Tempus Wealth Planning, LLC added34,240$1M0.3%2026-Q1
North Star Investment Management Corp. added32,940$1M0.3%2026-Q1
MILESTONE ASSET MANAGEMENT, LLC trimmed32,357$1M0.3%2026-Q1
Steward Partners Investment Advisory, LLC added31,975$994K0.3%2026-Q1
GOLDMAN SACHS GROUP INC trimmed28,886$898K0.3%2026-Q1
Family CFO Inc new25,397$789K0.2%2026-Q1
Cerity Partners LLC new25,042$778K0.2%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added23,834$741K0.2%2026-Q1
Baird Financial Group, Inc. trimmed22,723$706K0.2%2026-Q1
Bank Julius Baer & Co. Ltd, Zurich trimmed22,406$696K0.2%2026-Q1
NOMURA ASSET MANAGEMENT CO LTD22,351$695K0.2%2026-Q1
Kestra Advisory Services, LLC added20,737$645K0.2%2026-Q1
Beacon Pointe Advisors, LLC trimmed20,692$643K0.2%2026-Q1
JPMORGAN CHASE & CO added19,887$610K0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed19,525$607K0.2%2026-Q1
HEADINVEST, LLC new18,645$579K0.2%2026-Q1
Hyundai Investments Co., Ltd. trimmed18,736$575K0.2%2026-Q1
Advisory Services Network, LLC added17,716$551K0.2%2026-Q1
BANK OF MONTREAL /CAN/ added17,491$544K0.2%2026-Q1
Independent Advisor Alliance added17,153$533K0.1%2026-Q1
CCG WEALTH MANAGEMENT, LLC new17,033$529K0.1%2026-Q1
Equitable Holdings, Inc. trimmed15,740$505K0.1%2026-Q1
Omega Financial Group, LLC trimmed15,947$496K0.1%2026-Q1
Cetera Investment Advisers added15,680$487K0.1%2026-Q1
STONEHAVEN WEALTH & TAX SOLUTIONS, LLC new15,356$477K0.1%2026-Q1
AMG National Trust Bank14,300$444K0.1%2026-Q1
Patten Group, Inc. added14,260$443K0.1%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added13,825$430K0.1%2026-Q1
Purpose Unlimited Inc. new13,558$421K0.1%2026-Q1
Composition Wealth, LLC new11,226$349K0.1%2026-Q1
Pathstone Holdings, LLC11,010$342K0.1%2026-Q1
INTEGRITY ALLIANCE, LLC. added10,881$338K0.1%2026-Q1
Ameritas Advisory Services, LLC trimmed10,729$333K0.1%2026-Q1
Redhawk Wealth Advisors, Inc. new344,874$11M3.1%2025-Q2 stale
Cambria Investment Management, L.P. added268,139$9M2.4%2025-Q3 stale
Synergy Asset Management, LLC added234,496$8M2.1%2025-Q3 stale
NewSquare Capital LLC trimmed179,491$6M1.6%2025-Q4 stale
Systelligence, LLC new127,580$4M1.1%2025-Q3 stale
Prospera Financial Services Inc trimmed85,130$3M0.8%2025-Q4 stale
Nilsine Partners, LLC added83,911$3M0.8%2025-Q4 stale
SYKON CAPITAL LLC trimmed78,190$3M0.7%2025-Q4 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed70,840$2M0.6%2025-Q3 stale
Good Life Advisors, LLC new61,061$2M0.6%2025-Q2 stale
FIRST TRUST ADVISORS LP trimmed53,374$2M0.5%2025-Q4 stale
Fisher Asset Management, LLC added46,234$2M0.4%2025-Q2 stale
VanderPol Investments L.L.C. trimmed40,835$1M0.4%2025-Q4 stale
F/m Investments LLC added40,366$1M0.4%2025-Q4 stale
MAINSTAY CAPITAL MANAGEMENT LLC /ADV trimmed31,072$998K0.3%2025-Q4 stale
Retireful, LLC new25,970$846K0.2%2025-Q2 stale
Client First Investment Management LLC new24,513$799K0.2%2025-Q2 stale
D.A. DAVIDSON & CO. trimmed17,956$577K0.2%2025-Q4 stale
PFG Investments, LLC added14,225$457K0.1%2025-Q4 stale
NerdWallet Wealth Partners, LLC16,518$453K0.1%2025-Q4 stale
Brookwood Investment Group LLC new13,851$451K0.1%2025-Q2 stale
BRIGHTON JONES LLC added13,280$429K0.1%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