Who owns 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-Q2 13F filings (latest filed 2026-08-19). 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
49 tracked funds added or opened IBTG while 66 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
IBTG’s largest tracked holder by dollar value, HM PAYSON & CO, sizes it at 1.7% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 1.5pp 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 2026-Q1 and 2026-Q2, across 306 tracked filers holding IBTG, 135 increased or opened the position and 152 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 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.
New buyers 9
- NewEdge Advisors, LLC$62M
- Arax Advisory Partners$35M
- Global Retirement Partners, LLC$12M
- Tower Research Capital LLC (TRC)$9M
- Pathstone Holdings, LLC$2M
- Schuylkill Financial LLC$781K
Full exits 15
- MOSELEY INVESTMENT MANAGEMENT INC$19M
- CWM, LLC$15M
- BlackRock, Inc.$15M
- Janney Montgomery Scott LLC$9M
- McGuire Investment Group, LLC$9M
- HighTower Advisors, LLC$8M
Largest adds
- Integrated Wealth Concepts LLC$28M
- JPMORGAN CHASE & CO$12M
- Beacon Pointe Advisors, LLC$10M
- MONEY CONCEPTS CAPITAL CORP$10M
- JANE STREET GROUP, LLC$7M
- Wealthspire Advisors, LLC$6M
Largest trims
- BAILARD, INC.$33M
- NorthCoast Asset Management LLC$25M
- RAYMOND JAMES FINANCIAL INC$7M
- Focus Partners Wealth$7M
- Sound View Wealth Advisors Group, LLC$7M
- HM PAYSON & CO$6M
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 |
|---|---|---|---|---|
| HM PAYSON & CO trimmed | 5,657,354 | $129M | 7.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,303,932 | $99M | 5.7% | 2026-Q2 |
| MORGAN STANLEY trimmed | 3,991,582 | $91M | 5.3% | 2026-Q2 |
| NorthCoast Asset Management LLC trimmed | 3,459,551 | $79M | 4.6% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 2,826,071 | $65M | 3.8% | 2026-Q2 |
| NewEdge Advisors, LLC added | 2,698,260 | $62M | 3.6% | 2026-Q2 |
| LPL Financial LLC added | 2,504,018 | $57M | 3.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 2,437,085 | $56M | 3.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,394,076 | $55M | 3.2% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 2,337,874 | $54M | 3.1% | 2026-Q2 |
| Connecticut Wealth Management, LLC added | 1,924,924 | $44M | 2.6% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 1,908,680 | $44M | 2.5% | 2026-Q2 |
| Financial Advisory Corp trimmed | 1,591,146 | $36M | 2.1% | 2026-Q2 |
| SUMMITRY LLC added | 1,554,803 | $36M | 2.1% | 2026-Q2 |
| Arax Advisory Partners new | 1,538,030 | $35M | 2.0% | 2026-Q2 |
| UBS Group AG trimmed | 1,477,091 | $34M | 2.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,411,233 | $32M | 1.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,386,313 | $32M | 1.8% | 2026-Q2 |
| Wealthspire Advisors, LLC added | 1,274,142 | $29M | 1.7% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC trimmed | 1,020,698 | $23M | 1.4% | 2026-Q2 |
| Krilogy Financial LLC added | 993,197 | $23M | 1.3% | 2026-Q2 |
| OneAscent Financial Services LLC added | 911,609 | $21M | 1.2% | 2026-Q2 |
| Horizon Advisory Services, Inc. added | 897,318 | $21M | 1.2% | 2026-Q2 |
| MKT Advisors LLC added | 809,577 | $18M | 1.1% | 2026-Q2 |
| Carnegie Investment Counsel trimmed | 775,246 | $18M | 1.0% | 2026-Q2 |
| Apella Capital, LLC trimmed | 738,612 | $17M | 1.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 730,648 | $17M | 1.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 711,891 | $16M | 0.9% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 702,959 | $16M | 0.9% | 2026-Q2 |
| MV CAPITAL MANAGEMENT, INC. | 695,613 | $16M | 0.9% | 2026-Q2 |
| Denver PWM, LLC added | 692,276 | $16M | 0.9% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 635,300 | $15M | 0.8% | 2026-Q2 |
| Scissortail Wealth Management, LLC added | 626,984 | $14M | 0.8% | 2026-Q2 |
| Delta Wealth Advisors LLC trimmed | 583,557 | $13M | 0.8% | 2026-Q2 |
| Baird Financial Group, Inc. added | 559,719 | $13M | 0.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 512,575 | $12M | 0.7% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 511,804 | $12M | 0.7% | 2026-Q2 |
| Global Retirement Partners, LLC added | 506,882 | $12M | 0.7% | 2026-Q2 |
| Wealth Management Strategies, Inc. trimmed | 495,686 | $11M | 0.7% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP added | 493,201 | $11M | 0.7% | 2026-Q2 |
| Baltimore-Washington Financial Advisors, Inc. added | 489,313 | $11M | 0.6% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 485,021 | $11M | 0.6% | 2026-Q2 |
| Asset Advisors Investment Management, LLC trimmed | 480,912 | $11M | 0.6% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 465,346 | $11M | 0.6% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 456,059 | $10M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 430,268 | $10M | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 420,723 | $10M | 0.6% | 2026-Q2 |
| Asset Dedication, LLC added | 401,238 | $9M | 0.5% | 2026-Q2 |
| BIP Wealth, LLC trimmed | 398,667 | $9M | 0.5% | 2026-Q2 |
| Midwest Professional Planners, LTD. added | 393,713 | $9M | 0.5% | 2026-Q2 |
| Mariner, LLC added | 390,157 | $9M | 0.5% | 2026-Q2 |
| Financial Engines Advisors L.L.C. trimmed | 380,451 | $9M | 0.5% | 2026-Q2 |
| TITLEIST ASSET MANAGEMENT, LLC trimmed | 376,752 | $9M | 0.5% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 376,204 | $9M | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 342,593 | $8M | 0.5% | 2026-Q2 |
| Focus Partners Wealth trimmed | 339,954 | $8M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 333,675 | $8M | 0.4% | 2026-Q2 |
| REBALANCE, LLC added | 288,882 | $7M | 0.4% | 2026-Q2 |
| Juno Financial Group LLC trimmed | 271,652 | $6M | 0.4% | 2026-Q2 |
| Mesirow Financial Investment Management, Inc. trimmed | 264,827 | $6M | 0.4% | 2026-Q2 |
| CENTRAL TRUST Co trimmed | 254,755 | $6M | 0.3% | 2026-Q2 |
| Belpointe Asset Management LLC added | 247,521 | $6M | 0.3% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. trimmed | 228,759 | $5M | 0.3% | 2026-Q2 |
| Trinity Wealth Management, LLC trimmed | 221,872 | $5M | 0.3% | 2026-Q2 |
| MAI Capital Management added | 219,815 | $5M | 0.3% | 2026-Q2 |
| PSI Advisors, LLC trimmed | 209,262 | $5M | 0.3% | 2026-Q2 |
| Archer Investment Corp trimmed | 208,043 | $5M | 0.3% | 2026-Q2 |
| Sound View Wealth Advisors Group, LLC trimmed | 201,456 | $5M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 200,009 | $5M | 0.3% | 2026-Q2 |
| Stockman Wealth Management, Inc. trimmed | 186,919 | $4M | 0.2% | 2026-Q2 |
| Accretive Wealth Partners, LLC added | 183,636 | $4M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 178,350 | $4M | 0.2% | 2026-Q2 |
| Valmark Advisers, Inc. added | 174,475 | $4M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 173,545 | $4M | 0.2% | 2026-Q2 |
| Americana Partners, LLC trimmed | 167,624 | $4M | 0.2% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 166,312 | $4M | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 159,163 | $4M | 0.2% | 2026-Q2 |
| HOWLAND CAPITAL MANAGEMENT LLC trimmed | 155,612 | $4M | 0.2% | 2026-Q2 |
| Brookstone Capital Management trimmed | 152,013 | $3M | 0.2% | 2026-Q2 |
| Lantz Financial LLC added | 151,949 | $3M | 0.2% | 2026-Q2 |
| Creative Planning added | 151,654 | $3M | 0.2% | 2026-Q2 |
| BAILARD, INC. trimmed | 148,872 | $3M | 0.2% | 2026-Q2 |
| Gradient Investments LLC trimmed | 141,116 | $3M | 0.2% | 2026-Q2 |
| LITTLEJOHN FINANCIAL SERVICES, INC. trimmed | 135,073 | $3M | 0.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 133,965 | $3M | 0.2% | 2026-Q2 |
| SIGNATUREFD, LLC trimmed | 133,677 | $3M | 0.2% | 2026-Q2 |
| GTS SECURITIES LLC added | 127,430 | $3M | 0.2% | 2026-Q2 |
| Eldridge Investment Advisors, Inc. trimmed | 122,417 | $3M | 0.2% | 2026-Q2 |
| Allworth Financial LP trimmed | 117,696 | $3M | 0.2% | 2026-Q2 |
| Atria Investments, Inc added | 117,535 | $3M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 116,619 | $3M | 0.2% | 2026-Q2 |
| Centennial Advisors, LLC added | 115,612 | $3M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 114,858 | $3M | 0.2% | 2026-Q2 |
| KOM Wealth Management Group, LLC trimmed | 113,843 | $3M | 0.2% | 2026-Q2 |
| Csenge Advisory Group added | 112,653 | $3M | 0.1% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 108,570 | $2M | 0.1% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC added | 108,332 | $2M | 0.1% | 2026-Q2 |
| Crestmont Private Wealth LLC added | 106,221 | $2M | 0.1% | 2026-Q2 |
| GOULD ASSET MANAGEMENT LLC /CA/ added | 93,996 | $2M | 0.1% | 2026-Q2 |
| TFR Capital, LLC. trimmed | 93,643 | $2M | 0.1% | 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.