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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Farther Finance Advisors, LLC added | 1,727,635 | $54M | 15.0% | 2026-Q1 |
| Checchi Capital Advisers, LLC added | 709,148 | $22M | 6.1% | 2026-Q1 |
| LODESTAR PRIVATE ASSET MANAGEMENT LLC added | 622,167 | $19M | 5.4% | 2026-Q1 |
| Leo Wealth, LLC new | 462,961 | $14M | 4.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 367,731 | $11M | 3.2% | 2026-Q1 |
| MORGAN STANLEY added | 361,621 | $11M | 3.1% | 2026-Q1 |
| LPL Financial LLC added | 354,253 | $11M | 3.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 315,854 | $10M | 2.7% | 2026-Q1 |
| Ameritas Investment Partners, Inc. trimmed | 266,013 | $8M | 2.3% | 2026-Q1 |
| LEUTHOLD GROUP, LLC trimmed | 254,065 | $8M | 2.2% | 2026-Q1 |
| LAM GROUP, INC. trimmed | 215,900 | $7M | 1.9% | 2026-Q1 |
| STATE STREET CORP added | 215,196 | $7M | 1.9% | 2026-Q1 |
| Israel Discount Bank of New York added | 182,943 | $6M | 1.6% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 181,543 | $6M | 1.6% | 2026-Q1 |
| Obsido Oy added | 159,672 | $5M | 1.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 152,971 | $5M | 1.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 143,689 | $4M | 1.2% | 2026-Q1 |
| Hobart Private Capital, LLC trimmed | 139,337 | $4M | 1.2% | 2026-Q1 |
| N.E.W. Advisory Services LLC added | 136,901 | $4M | 1.2% | 2026-Q1 |
| LFA - Lugano Financial Advisors SA added | 125,704 | $4M | 1.1% | 2026-Q1 |
| Rathbones Group PLC added | 122,142 | $4M | 1.1% | 2026-Q1 |
| UBS Group AG added | 121,274 | $4M | 1.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 116,318 | $4M | 1.0% | 2026-Q1 |
| CFG Wealth Management Services, Inc. added | 116,282 | $4M | 1.0% | 2026-Q1 |
| HRT FINANCIAL LP new | 113,863 | $4M | 1.0% | 2026-Q1 |
| FSA WEALTH PARTNERS, INC. added | 103,191 | $3M | 0.9% | 2026-Q1 |
| Foundations Investment Advisors, LLC added | 101,134 | $3M | 0.9% | 2026-Q1 |
| Integrated Wealth Concepts LLC new | 93,836 | $3M | 0.8% | 2026-Q1 |
| Idaho Trust Co added | 83,941 | $3M | 0.7% | 2026-Q1 |
| AE Wealth Management LLC added | 79,454 | $2M | 0.7% | 2026-Q1 |
| BARINGS LLC added | 78,778 | $2M | 0.7% | 2026-Q1 |
| Summit Global Investments new | 72,671 | $2M | 0.6% | 2026-Q1 |
| Aspect Partners, LLC added | 66,234 | $2M | 0.6% | 2026-Q1 |
| Gerber Kawasaki Wealth & Investment Management added | 66,112 | $2M | 0.6% | 2026-Q1 |
| HighTower Advisors, LLC added | 63,583 | $2M | 0.6% | 2026-Q1 |
| Cerity Partners OCIO LLC added | 62,575 | $2M | 0.5% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC trimmed | 61,713 | $2M | 0.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 57,440 | $2M | 0.5% | 2026-Q1 |
| OPTIMA CAPITAL LLC trimmed | 46,335 | $1M | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 46,186 | $1M | 0.4% | 2026-Q1 |
| Emerald Investment Advisers, LLC new | 40,366 | $1M | 0.3% | 2026-Q1 |
| Insight Advisors, LLC/ PA added | 38,210 | $1M | 0.3% | 2026-Q1 |
| Haven Private, LLC trimmed | 37,107 | $1M | 0.3% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 35,377 | $1M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 34,707 | $1M | 0.3% | 2026-Q1 |
| Tempus Wealth Planning, LLC added | 34,240 | $1M | 0.3% | 2026-Q1 |
| North Star Investment Management Corp. added | 32,940 | $1M | 0.3% | 2026-Q1 |
| MILESTONE ASSET MANAGEMENT, LLC trimmed | 32,357 | $1M | 0.3% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 31,975 | $994K | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 28,886 | $898K | 0.3% | 2026-Q1 |
| Family CFO Inc new | 25,397 | $789K | 0.2% | 2026-Q1 |
| Cerity Partners LLC new | 25,042 | $778K | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 23,834 | $741K | 0.2% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 22,723 | $706K | 0.2% | 2026-Q1 |
| Bank Julius Baer & Co. Ltd, Zurich trimmed | 22,406 | $696K | 0.2% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD | 22,351 | $695K | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 20,737 | $645K | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC trimmed | 20,692 | $643K | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 19,887 | $610K | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 19,525 | $607K | 0.2% | 2026-Q1 |
| HEADINVEST, LLC new | 18,645 | $579K | 0.2% | 2026-Q1 |
| Hyundai Investments Co., Ltd. trimmed | 18,736 | $575K | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC added | 17,716 | $551K | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 17,491 | $544K | 0.2% | 2026-Q1 |
| Independent Advisor Alliance added | 17,153 | $533K | 0.1% | 2026-Q1 |
| CCG WEALTH MANAGEMENT, LLC new | 17,033 | $529K | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 15,740 | $505K | 0.1% | 2026-Q1 |
| Omega Financial Group, LLC trimmed | 15,947 | $496K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 15,680 | $487K | 0.1% | 2026-Q1 |
| STONEHAVEN WEALTH & TAX SOLUTIONS, LLC new | 15,356 | $477K | 0.1% | 2026-Q1 |
| AMG National Trust Bank | 14,300 | $444K | 0.1% | 2026-Q1 |
| Patten Group, Inc. added | 14,260 | $443K | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 13,825 | $430K | 0.1% | 2026-Q1 |
| Purpose Unlimited Inc. new | 13,558 | $421K | 0.1% | 2026-Q1 |
| Composition Wealth, LLC new | 11,226 | $349K | 0.1% | 2026-Q1 |
| Pathstone Holdings, LLC | 11,010 | $342K | 0.1% | 2026-Q1 |
| INTEGRITY ALLIANCE, LLC. added | 10,881 | $338K | 0.1% | 2026-Q1 |
| Ameritas Advisory Services, LLC trimmed | 10,729 | $333K | 0.1% | 2026-Q1 |
| Redhawk Wealth Advisors, Inc. new | 344,874 | $11M | 3.1% | 2025-Q2 stale |
| Cambria Investment Management, L.P. added | 268,139 | $9M | 2.4% | 2025-Q3 stale |
| Synergy Asset Management, LLC added | 234,496 | $8M | 2.1% | 2025-Q3 stale |
| NewSquare Capital LLC trimmed | 179,491 | $6M | 1.6% | 2025-Q4 stale |
| Systelligence, LLC new | 127,580 | $4M | 1.1% | 2025-Q3 stale |
| Prospera Financial Services Inc trimmed | 85,130 | $3M | 0.8% | 2025-Q4 stale |
| Nilsine Partners, LLC added | 83,911 | $3M | 0.8% | 2025-Q4 stale |
| SYKON CAPITAL LLC trimmed | 78,190 | $3M | 0.7% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 70,840 | $2M | 0.6% | 2025-Q3 stale |
| Good Life Advisors, LLC new | 61,061 | $2M | 0.6% | 2025-Q2 stale |
| FIRST TRUST ADVISORS LP trimmed | 53,374 | $2M | 0.5% | 2025-Q4 stale |
| Fisher Asset Management, LLC added | 46,234 | $2M | 0.4% | 2025-Q2 stale |
| VanderPol Investments L.L.C. trimmed | 40,835 | $1M | 0.4% | 2025-Q4 stale |
| F/m Investments LLC added | 40,366 | $1M | 0.4% | 2025-Q4 stale |
| MAINSTAY CAPITAL MANAGEMENT LLC /ADV trimmed | 31,072 | $998K | 0.3% | 2025-Q4 stale |
| Retireful, LLC new | 25,970 | $846K | 0.2% | 2025-Q2 stale |
| Client First Investment Management LLC new | 24,513 | $799K | 0.2% | 2025-Q2 stale |
| D.A. DAVIDSON & CO. trimmed | 17,956 | $577K | 0.2% | 2025-Q4 stale |
| PFG Investments, LLC added | 14,225 | $457K | 0.1% | 2025-Q4 stale |
| NerdWallet Wealth Partners, LLC | 16,518 | $453K | 0.1% | 2025-Q4 stale |
| Brookwood Investment Group LLC new | 13,851 | $451K | 0.1% | 2025-Q2 stale |
| BRIGHTON JONES LLC added | 13,280 | $429K | 0.1% | 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.
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.