Who owns IBTJ
Which tracked institutional funds hold IBTJ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBTJ 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 IBTJ while 30 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
IBTJ’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes IBTJ more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IBTJ 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 204 tracked filers holding IBTJ, 128 increased or opened the position and 78 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 IBTJ 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
- Arax Advisory Partners$17M
- NewEdge Advisors, LLC$11M
- ES4, LLC$11M
- Portland Global Advisors LLC$4M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- MOULTON WEALTH MANAGEMENT, INC$915K
Full exits 17
- CWM, LLC$17M
- PARK AVENUE SECURITIES LLC$10M
- PFG Private Wealth Management, LLC$9M
- Janney Montgomery Scott LLC$6M
- DROMS STRAUSS ADVISORS INC /MO/ /ADV$5M
- CONFLUENCE INVESTMENT MANAGEMENT LLC$4M
Largest adds
- Integrated Wealth Concepts LLC$12M
- Merit Financial Group, LLC$12M
- BlackRock, Inc.$11M
- MCF Advisors LLC$10M
- BANK OF AMERICA CORP /DE/$6M
- MERCER GLOBAL ADVISORS INC /ADV$5M
Largest trims
- BENJAMIN EDWARDS INC$17M
- STIFEL FINANCIAL CORP$16M
- WELLS FARGO & COMPANY/MN$12M
- TRUE Private Wealth Advisors$4M
- RAYMOND JAMES FINANCIAL INC$3M
- KINTRA WEALTH, LLC$3M
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 3,449,133 | $75M | 7.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,763,412 | $60M | 5.8% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 2,580,593 | $56M | 5.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,766,489 | $38M | 3.7% | 2026-Q2 |
| Brookstone Capital Management trimmed | 1,700,849 | $37M | 3.6% | 2026-Q2 |
| TRUE Private Wealth Advisors trimmed | 1,669,970 | $36M | 3.5% | 2026-Q2 |
| Financial Advisory Corp added | 1,598,459 | $35M | 3.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,434,792 | $31M | 3.0% | 2026-Q2 |
| Asset Advisors Investment Management, LLC added | 1,340,715 | $29M | 2.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,295,472 | $28M | 2.7% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 1,273,661 | $28M | 2.7% | 2026-Q2 |
| BlackRock, Inc. added | 1,220,815 | $26M | 2.6% | 2026-Q2 |
| HENGEHOLD CAPITAL MANAGEMENT LLC added | 1,114,945 | $24M | 2.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,039,013 | $22M | 2.2% | 2026-Q2 |
| HM PAYSON & CO added | 961,074 | $21M | 2.0% | 2026-Q2 |
| ATWOOD & PALMER INC added | 958,727 | $21M | 2.0% | 2026-Q2 |
| UBS Group AG added | 937,678 | $20M | 2.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 921,429 | $20M | 1.9% | 2026-Q2 |
| Journey Advisory Group, LLC added | 808,737 | $18M | 1.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 790,679 | $17M | 1.7% | 2026-Q2 |
| Arax Advisory Partners new | 781,914 | $17M | 1.6% | 2026-Q2 |
| Denver PWM, LLC added | 685,352 | $15M | 1.4% | 2026-Q2 |
| MKT Advisors LLC added | 661,757 | $14M | 1.4% | 2026-Q2 |
| LPL Financial LLC added | 640,840 | $14M | 1.3% | 2026-Q2 |
| Merit Financial Group, LLC added | 588,260 | $13M | 1.2% | 2026-Q2 |
| Wealth Management Strategies, Inc. added | 577,575 | $13M | 1.2% | 2026-Q2 |
| Krilogy Financial LLC added | 562,283 | $12M | 1.2% | 2026-Q2 |
| Legacy Private Trust Co. added | 555,562 | $12M | 1.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 533,453 | $12M | 1.1% | 2026-Q2 |
| Probity Advisors, Inc. added | 530,491 | $11M | 1.1% | 2026-Q2 |
| SHELTON WEALTH MANAGEMENT, LLC added | 501,211 | $11M | 1.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 499,976 | $11M | 1.0% | 2026-Q2 |
| ES4, LLC new | 457,923 | $11M | 1.0% | 2026-Q2 |
| Heartwood Wealth Advisors LLC added | 446,254 | $10M | 0.9% | 2026-Q2 |
| Waycross Investment Management Co added | 443,173 | $10M | 0.9% | 2026-Q2 |
| EIGHT 31 FINANCIAL, LLC added | 436,563 | $9M | 0.9% | 2026-Q2 |
| MCF Advisors LLC added | 431,897 | $10M | 1.0% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 382,798 | $8M | 0.8% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC added | 373,145 | $8M | 0.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 324,028 | $7M | 0.7% | 2026-Q2 |
| SPRENG CAPITAL MANAGEMENT, INC. trimmed | 322,517 | $7M | 0.7% | 2026-Q2 |
| FORONJY FINANCIAL LLC added | 315,571 | $7M | 0.7% | 2026-Q2 |
| FAGAN ASSOCIATES, INC. added | 294,216 | $6M | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 290,713 | $6M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 275,978 | $6M | 0.6% | 2026-Q2 |
| CENTRAL TRUST Co added | 274,945 | $6M | 0.6% | 2026-Q2 |
| REBALANCE, LLC added | 270,435 | $6M | 0.6% | 2026-Q2 |
| Baird Financial Group, Inc. added | 259,495 | $6M | 0.5% | 2026-Q2 |
| Stockman Wealth Management, Inc. added | 255,938 | $6M | 0.5% | 2026-Q2 |
| Baltimore-Washington Financial Advisors, Inc. added | 253,729 | $5M | 0.5% | 2026-Q2 |
| Asset Dedication, LLC added | 247,828 | $5M | 0.5% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC trimmed | 237,720 | $5M | 0.5% | 2026-Q2 |
| Belpointe Asset Management LLC added | 222,170 | $5M | 0.5% | 2026-Q2 |
| Accretive Wealth Partners, LLC added | 201,935 | $4M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 182,778 | $4M | 0.4% | 2026-Q2 |
| Portland Global Advisors LLC new | 178,937 | $4M | 0.4% | 2026-Q2 |
| Financial Engines Advisors L.L.C. trimmed | 178,850 | $4M | 0.4% | 2026-Q2 |
| HOWLAND CAPITAL MANAGEMENT LLC added | 176,332 | $4M | 0.4% | 2026-Q2 |
| Northstar Group, Inc. added | 170,987 | $4M | 0.4% | 2026-Q2 |
| SIGNATUREFD, LLC added | 168,985 | $4M | 0.4% | 2026-Q2 |
| Parallel Advisors, LLC added | 159,660 | $3M | 0.3% | 2026-Q2 |
| MV CAPITAL MANAGEMENT, INC. | 142,758 | $3M | 0.3% | 2026-Q2 |
| SCS Capital Management LLC trimmed | 132,570 | $3M | 0.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 130,972 | $3M | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 123,865 | $3M | 0.3% | 2026-Q2 |
| Apella Capital, LLC added | 123,650 | $3M | 0.3% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. trimmed | 117,569 | $3M | 0.2% | 2026-Q2 |
| Hughes Financial Services, LLC added | 102,834 | $2M | 0.2% | 2026-Q2 |
| Valmark Advisers, Inc. added | 101,265 | $2M | 0.2% | 2026-Q2 |
| TITLEIST ASSET MANAGEMENT, LLC added | 99,482 | $2M | 0.2% | 2026-Q2 |
| Atria Investments, Inc trimmed | 82,003 | $2M | 0.2% | 2026-Q2 |
| Allworth Financial LP added | 79,119 | $2M | 0.2% | 2026-Q2 |
| Midwest Professional Planners, LTD. added | 76,724 | $2M | 0.2% | 2026-Q2 |
| Associated Banc-Corp added | 69,243 | $1M | 0.1% | 2026-Q2 |
| SUMMITPOINT CAPITAL MANAGEMENT trimmed | 67,080 | $1M | 0.1% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 66,483 | $1M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 65,858 | $1M | 0.1% | 2026-Q2 |
| Montecito Bank & Trust added | 61,837 | $1M | 0.1% | 2026-Q2 |
| Reliant Wealth Planning added | 61,315 | $1M | 0.1% | 2026-Q2 |
| JIM SAULNIER & ASSOCIATES, LLC added | 60,840 | $1M | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 60,101 | $1M | 0.1% | 2026-Q2 |
| Foundry Financial Group, Inc. added | 59,547 | $1M | 0.1% | 2026-Q2 |
| BIP Wealth, LLC trimmed | 57,901 | $1M | 0.1% | 2026-Q2 |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC added | 56,505 | $1M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 49,694 | $1M | 0.1% | 2026-Q2 |
| Snowden Capital Advisors LLC added | 43,558 | $943K | 0.1% | 2026-Q2 |
| Cerity Partners LLC trimmed | 42,790 | $926K | 0.1% | 2026-Q2 |
| MOULTON WEALTH MANAGEMENT, INC new | 42,408 | $915K | 0.1% | 2026-Q2 |
| KFG WEALTH MANAGEMENT, LLC added | 41,440 | $897K | 0.1% | 2026-Q2 |
| Atlantic Private Wealth, LLC trimmed | 41,119 | $890K | 0.1% | 2026-Q2 |
| Compass Ion Advisors, LLC | 38,091 | $825K | 0.1% | 2026-Q2 |
| DUNCKER STREETT & CO INC added | 37,740 | $817K | 0.1% | 2026-Q2 |
| Great Diamond Partners, LLC added | 37,075 | $803K | 0.1% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 36,161 | $783K | 0.1% | 2026-Q2 |
| KOM Wealth Management Group, LLC added | 35,636 | $772K | 0.1% | 2026-Q2 |
| Chris Bulman Inc trimmed | 35,591 | $771K | 0.1% | 2026-Q2 |
| Community Financial Services Group, LLC new | 34,386 | $742K | 0.1% | 2026-Q2 |
| Capital Investment Advisors, LLC added | 33,270 | $720K | 0.1% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 33,094 | $716K | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 32,450 | $703K | 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.