Who owns IBTG (IBTG)
Which tracked institutional funds hold IBTG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBTG 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
66 tracked funds added or opened IBTG while 54 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
IBTG’s largest tracked holder by dollar value, HM PAYSON & CO, sizes it at 2.0% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 1.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBTG 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 322 tracked filers holding IBTG, 163 increased or opened the position and 134 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 IBTG 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 12
- OneAscent Financial Services LLC$21M
- Independent Advisor Alliance$4M
- GOLDMAN SACHS GROUP INC$4M
- Crestmont Private Wealth LLC$2M
- MOULTON WEALTH MANAGEMENT, INC$2M
- SUMMITPOINT CAPITAL MANAGEMENT$2M
Full exits 9
- NewEdge Advisors, LLC$42M
- Global Retirement Partners, LLC$11M
- Cornerstone Planning, LLC$9M
- Stephens Consulting, LLC$9M
- SHELTON WEALTH MANAGEMENT, LLC$9M
- Investor's Fiduciary Advisor Network, LLC$2M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$27M
- Wealthspire Advisors, LLC$20M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$15M
- Connecticut Wealth Management, LLC$11M
- BlackRock, Inc.$9M
- BANK OF AMERICA CORP /DE/$4M
Largest trims
- BAILARD, INC.$28M
- Apollon Wealth Management, LLC$24M
- Stratos Wealth Advisors, LLC$19M
- Heartwood Wealth Advisors LLC$16M
- HM PAYSON & CO$15M
- RAYMOND JAMES FINANCIAL INC$13M
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 |
|---|---|---|---|---|
| HM PAYSON & CO trimmed | 5,908,223 | $135M | 7.5% | 2026-Q1 |
| NorthCoast Asset Management LLC trimmed | 4,548,891 | $104M | 5.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 4,153,434 | $95M | 5.3% | 2026-Q1 |
| MORGAN STANLEY added | 4,079,412 | $93M | 5.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 2,523,496 | $58M | 3.2% | 2026-Q1 |
| Capital Investment Advisors, LLC trimmed | 2,485,262 | $57M | 3.2% | 2026-Q1 |
| LPL Financial LLC added | 2,394,873 | $55M | 3.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 2,364,114 | $54M | 3.0% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 1,859,979 | $43M | 2.4% | 2026-Q1 |
| Connecticut Wealth Management, LLC added | 1,799,794 | $41M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,690,530 | $39M | 2.2% | 2026-Q1 |
| UBS Group AG added | 1,606,656 | $37M | 2.0% | 2026-Q1 |
| BAILARD, INC. trimmed | 1,606,184 | $37M | 2.0% | 2026-Q1 |
| Financial Advisory Corp trimmed | 1,602,548 | $37M | 2.0% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 1,595,643 | $37M | 2.0% | 2026-Q1 |
| SUMMITRY LLC added | 1,542,871 | $35M | 2.0% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,365,037 | $31M | 1.7% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 1,140,456 | $26M | 1.5% | 2026-Q1 |
| Wealthspire Advisors, LLC added | 1,024,244 | $23M | 1.3% | 2026-Q1 |
| Krilogy Financial LLC added | 920,103 | $21M | 1.2% | 2026-Q1 |
| OneAscent Financial Services LLC added | 906,070 | $21M | 1.2% | 2026-Q1 |
| Horizon Advisory Services, Inc. added | 878,276 | $20M | 1.1% | 2026-Q1 |
| MOSELEY INVESTMENT MANAGEMENT INC added | 842,161 | $19M | 1.1% | 2026-Q1 |
| Carnegie Investment Counsel trimmed | 842,147 | $19M | 1.1% | 2026-Q1 |
| Apella Capital, LLC added | 776,694 | $18M | 1.0% | 2026-Q1 |
| MKT Advisors LLC added | 777,651 | $18M | 1.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 767,846 | $18M | 1.0% | 2026-Q1 |
| MV CAPITAL MANAGEMENT, INC. added | 695,613 | $16M | 0.9% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 694,323 | $16M | 0.9% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 671,388 | $15M | 0.9% | 2026-Q1 |
| CWM, LLC added | 669,629 | $15M | 0.9% | 2026-Q1 |
| Denver PWM, LLC trimmed | 668,784 | $15M | 0.8% | 2026-Q1 |
| BlackRock, Inc. added | 660,616 | $15M | 0.8% | 2026-Q1 |
| Focus Partners Wealth added | 640,159 | $15M | 0.8% | 2026-Q1 |
| Delta Wealth Advisors LLC added | 615,926 | $14M | 0.8% | 2026-Q1 |
| Scissortail Wealth Management, LLC added | 613,073 | $14M | 0.8% | 2026-Q1 |
| Stratos Wealth Advisors, LLC trimmed | 601,818 | $14M | 0.8% | 2026-Q1 |
| BIP Wealth, LLC added | 530,035 | $12M | 0.7% | 2026-Q1 |
| Baird Financial Group, Inc. added | 529,198 | $12M | 0.7% | 2026-Q1 |
| Wealth Management Strategies, Inc. trimmed | 515,825 | $12M | 0.7% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 492,933 | $11M | 0.6% | 2026-Q1 |
| Sound View Wealth Advisors Group, LLC trimmed | 491,869 | $11M | 0.6% | 2026-Q1 |
| TITLEIST ASSET MANAGEMENT, LLC added | 486,109 | $11M | 0.6% | 2026-Q1 |
| Baltimore-Washington Financial Advisors, Inc. added | 485,330 | $11M | 0.6% | 2026-Q1 |
| Asset Advisors Investment Management, LLC added | 484,205 | $11M | 0.6% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 476,200 | $11M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 473,377 | $11M | 0.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 454,690 | $10M | 0.6% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 427,655 | $10M | 0.5% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 395,704 | $9M | 0.5% | 2026-Q1 |
| Mariner, LLC trimmed | 383,021 | $9M | 0.5% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 383,000 | $9M | 0.5% | 2026-Q1 |
| McGuire Investment Group, LLC trimmed | 382,176 | $9M | 0.5% | 2026-Q1 |
| Juno Financial Group LLC trimmed | 364,994 | $8M | 0.5% | 2026-Q1 |
| Midwest Professional Planners, LTD. added | 364,820 | $8M | 0.5% | 2026-Q1 |
| Asset Dedication, LLC added | 346,921 | $8M | 0.4% | 2026-Q1 |
| PSI Advisors, LLC added | 341,869 | $8M | 0.4% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 338,466 | $8M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 328,379 | $8M | 0.4% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 305,571 | $7M | 0.4% | 2026-Q1 |
| Mesirow Financial Investment Management, Inc. added | 288,723 | $7M | 0.4% | 2026-Q1 |
| CENTRAL TRUST Co trimmed | 267,533 | $6M | 0.3% | 2026-Q1 |
| Trinity Wealth Management, LLC added | 264,712 | $6M | 0.3% | 2026-Q1 |
| REBALANCE, LLC trimmed | 249,667 | $6M | 0.3% | 2026-Q1 |
| Atlantic Private Wealth, LLC trimmed | 242,839 | $6M | 0.3% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. trimmed | 229,823 | $5M | 0.3% | 2026-Q1 |
| Belpointe Asset Management LLC added | 228,236 | $5M | 0.3% | 2026-Q1 |
| Parkside Financial Bank & Trust | 218,579 | $5M | 0.3% | 2026-Q1 |
| MAI Capital Management added | 215,696 | $5M | 0.3% | 2026-Q1 |
| Archer Investment Corp added | 215,198 | $5M | 0.3% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 207,737 | $5M | 0.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 200,249 | $5M | 0.3% | 2026-Q1 |
| Eldridge Investment Advisors, Inc. trimmed | 200,301 | $5M | 0.3% | 2026-Q1 |
| Stockman Wealth Management, Inc. added | 194,445 | $4M | 0.2% | 2026-Q1 |
| Americana Partners, LLC trimmed | 178,798 | $4M | 0.2% | 2026-Q1 |
| Independent Advisor Alliance added | 175,119 | $4M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 167,589 | $4M | 0.2% | 2026-Q1 |
| Brookstone Capital Management added | 165,722 | $4M | 0.2% | 2026-Q1 |
| KOM Wealth Management Group, LLC trimmed | 162,085 | $4M | 0.2% | 2026-Q1 |
| HOWLAND CAPITAL MANAGEMENT LLC trimmed | 160,665 | $4M | 0.2% | 2026-Q1 |
| True Link Financial Advisors, LLC added | 160,508 | $4M | 0.2% | 2026-Q1 |
| Portland Global Advisors LLC added | 157,733 | $4M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 154,418 | $4M | 0.2% | 2026-Q1 |
| SIGNATUREFD, LLC trimmed | 154,245 | $4M | 0.2% | 2026-Q1 |
| Accretive Wealth Partners, LLC added | 153,244 | $4M | 0.2% | 2026-Q1 |
| Gradient Investments LLC trimmed | 148,394 | $3M | 0.2% | 2026-Q1 |
| LITTLEJOHN FINANCIAL SERVICES, INC. trimmed | 138,571 | $3M | 0.2% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 137,900 | $3M | 0.2% | 2026-Q1 |
| Lantz Financial LLC added | 135,293 | $3M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 133,056 | $3M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 132,855 | $3M | 0.2% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 131,584 | $3M | 0.2% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 1,817,907 | $42M | 2.3% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 461,906 | $11M | 0.6% | 2025-Q4 stale |
| Strategic Blueprint, LLC added | 435,922 | $10M | 0.6% | 2025-Q3 stale |
| Cornerstone Planning, LLC added | 407,892 | $9M | 0.5% | 2025-Q4 stale |
| Stephens Consulting, LLC added | 397,664 | $9M | 0.5% | 2025-Q4 stale |
| SHELTON WEALTH MANAGEMENT, LLC added | 376,011 | $9M | 0.5% | 2025-Q4 stale |
| EIGHT 31 FINANCIAL, LLC added | 267,196 | $6M | 0.3% | 2025-Q2 stale |
| Atria Wealth Solutions, Inc. trimmed | 179,051 | $4M | 0.2% | 2025-Q2 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.