Who owns IBTO (IBTO)
Which tracked institutional funds hold IBTO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IBTO 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
21 tracked funds added or opened IBTO while 8 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
IBTO’s largest tracked holder by dollar value, GLOBALT Investments LLC / GA, sizes it at 2.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IBTO 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 84 tracked filers holding IBTO, 55 increased or opened the position and 28 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 IBTO 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 5
- PFG Private Wealth Management, LLC$13M
- SEI INVESTMENTS CO$2M
- Janney Montgomery Scott LLC$2M
- Tower Research Capital LLC (TRC)$626K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$566K
Full exits 3
- NovaPoint Capital, LLC$1M
- JANE STREET GROUP, LLC$1M
- CITADEL ADVISORS LLC$708K
Largest adds
- CONFLUENCE INVESTMENT MANAGEMENT LLC$11M
- AMERIPRISE FINANCIAL INC$5M
- ENVESTNET ASSET MANAGEMENT INC$5M
- CHATHAM CAPITAL GROUP, INC.$4M
- GLOBALT Investments LLC / GA$3M
- Atlantic Union Bankshares Corp$3M
Largest trims
- Federation des caisses Desjardins du Quebec$33M
- Keeler Thomas Management LLC$912K
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$823K
- Krilogy Financial LLC$707K
- PFG Advisors$425K
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 |
|---|---|---|---|---|
| GLOBALT Investments LLC / GA added | 2,411,272 | $59M | 17.4% | 2026-Q1 |
| Atlantic Union Bankshares Corp added | 1,460,096 | $36M | 10.5% | 2026-Q1 |
| Krilogy Financial LLC trimmed | 1,122,281 | $27M | 8.1% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 1,081,896 | $26M | 7.8% | 2026-Q1 |
| MORGAN STANLEY added | 988,796 | $24M | 7.1% | 2026-Q1 |
| CHATHAM CAPITAL GROUP, INC. added | 668,895 | $16M | 4.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 603,291 | $15M | 4.4% | 2026-Q1 |
| PFG Private Wealth Management, LLC new | 492,749 | $13M | 3.8% | 2026-Q1 |
| Cetera Investment Advisers added | 403,310 | $10M | 2.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 339,188 | $8M | 2.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 323,430 | $8M | 2.3% | 2026-Q1 |
| Headland Capital, LLC added | 312,598 | $8M | 2.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 267,449 | $7M | 1.9% | 2026-Q1 |
| Probity Advisors, Inc. added | 197,074 | $5M | 1.4% | 2026-Q1 |
| UBS Group AG added | 178,424 | $4M | 1.3% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 156,326 | $4M | 1.1% | 2026-Q1 |
| Accretive Wealth Partners, LLC trimmed | 138,531 | $3M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 136,245 | $3M | 1.0% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 136,120 | $3M | 1.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 135,383 | $3M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 127,175 | $3M | 0.9% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 100,103 | $2M | 0.7% | 2026-Q1 |
| FAGAN ASSOCIATES, INC. added | 97,677 | $2M | 0.7% | 2026-Q1 |
| SEI INVESTMENTS CO new | 97,575 | $2M | 0.7% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 93,580 | $2M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 92,912 | $2M | 0.7% | 2026-Q1 |
| PFG Advisors trimmed | 87,769 | $2M | 0.6% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 84,819 | $2M | 0.6% | 2026-Q1 |
| Janney Montgomery Scott LLC new | 65,380 | $2M | 0.5% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. added | 63,679 | $2M | 0.5% | 2026-Q1 |
| L2 Asset Management, LLC added | 54,099 | $1M | 0.4% | 2026-Q1 |
| Lido Advisors, LLC | 50,214 | $1M | 0.4% | 2026-Q1 |
| LPL Financial LLC added | 45,998 | $1M | 0.3% | 2026-Q1 |
| CWM, LLC trimmed | 34,832 | $850K | 0.3% | 2026-Q1 |
| Mechanics Bank Trust Department | 33,000 | $805K | 0.2% | 2026-Q1 |
| Reliant Wealth Planning | 30,643 | $747K | 0.2% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 29,311 | $715K | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 26,971 | $658K | 0.2% | 2026-Q1 |
| Tower Research Capital LLC (TRC) trimmed | 25,658 | $626K | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 23,769 | $580K | 0.2% | 2026-Q1 |
| Greater Midwest Financial Group, LLC added | 23,547 | $574K | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 23,188 | $566K | 0.2% | 2026-Q1 |
| Visionary Wealth Advisors trimmed | 19,302 | $471K | 0.1% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 18,976 | $463K | 0.1% | 2026-Q1 |
| Keeler Thomas Management LLC trimmed | 18,609 | $454K | 0.1% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC trimmed | 18,074 | $441K | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 17,826 | $435K | 0.1% | 2026-Q1 |
| JPL Wealth Management, LLC added | 17,403 | $424K | 0.1% | 2026-Q1 |
| Simplicity Wealth,LLC trimmed | 17,227 | $420K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 16,782 | $409K | 0.1% | 2026-Q1 |
| Jacobi Capital Management LLC added | 16,340 | $399K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 15,861 | $387K | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC new | 14,660 | $358K | 0.1% | 2026-Q1 |
| JIM SAULNIER & ASSOCIATES, LLC new | 13,944 | $340K | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 13,581 | $331K | 0.1% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. new | 13,040 | $318K | 0.1% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC added | 11,417 | $278K | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC | 8,920 | $218K | 0.1% | 2026-Q1 |
| JAMES INVESTMENT RESEARCH, INC. | 8,525 | $208K | 0.1% | 2026-Q1 |
| Guidance Point Advisors, LLC new | 8,516 | $208K | 0.1% | 2026-Q1 |
| COLDSTREAM CAPITAL MANAGEMENT INC added | 8,420 | $205K | 0.1% | 2026-Q1 |
| SIGNATUREFD, LLC | 8,347 | $204K | 0.1% | 2026-Q1 |
| IFP Advisors, Inc added | 5,247 | $128K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 5,104 | $125K | 0.0% | 2026-Q1 |
| Physician Wealth Advisors, Inc. | 4,173 | $102K | 0.0% | 2026-Q1 |
| Atlantic Private Wealth, LLC trimmed | 3,901 | $95K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 3,649 | $89K | 0.0% | 2026-Q1 |
| CNB Bank trimmed | 3,211 | $78K | 0.0% | 2026-Q1 |
| Asset Dedication, LLC added | 2,723 | $66K | 0.0% | 2026-Q1 |
| Clayton Financial Group LLC trimmed | 2,710 | $66K | 0.0% | 2026-Q1 |
| Noble Wealth Management PBC | 2,000 | $49K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC added | 1,989 | $49K | 0.0% | 2026-Q1 |
| Cherry Tree Wealth Management, LLC | 1,608 | $39K | 0.0% | 2026-Q1 |
| CENTRAL TRUST Co trimmed | 1,427 | $35K | 0.0% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 1,369 | $33K | 0.0% | 2026-Q1 |
| Hyposwiss Advisors SA | 1,120 | $27K | 0.0% | 2026-Q1 |
| Allworth Financial LP | 846 | $21K | 0.0% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec trimmed | 626 | $15K | 0.0% | 2026-Q1 |
| CoreCap Advisors, LLC trimmed | 484 | $12K | 0.0% | 2026-Q1 |
| Estate Counselors, LLC added | 158,426 | $4M | 1.1% | 2025-Q1 stale |
| Equitable Holdings, Inc. added | 101,378 | $2M | 0.7% | 2025-Q2 stale |
| SYNOVUS FINANCIAL CORP trimmed | 65,061 | $2M | 0.5% | 2025-Q3 stale |
| NovaPoint Capital, LLC added | 48,824 | $1M | 0.4% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 49,473 | $1M | 0.4% | 2025-Q4 stale |
| Exchange Capital Management, Inc. | 49,151 | $1M | 0.4% | 2025-Q2 stale |
| CITADEL ADVISORS LLC trimmed | 28,851 | $708K | 0.2% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC trimmed | 26,725 | $655K | 0.2% | 2025-Q2 stale |
| GOLDMAN SACHS GROUP INC added | 23,419 | $574K | 0.2% | 2025-Q2 stale |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC new | 19,336 | $501K | 0.1% | 2025-Q2 stale |
| GTS SECURITIES LLC new | 19,202 | $469K | 0.1% | 2025-Q1 stale |
| Koesten, Hirschmann & Crabtree, INC. new | 8,140 | $214K | 0.1% | 2025-Q3 stale |
| Walleye Partners, LLC new | 8,645 | $212K | 0.1% | 2025-Q4 stale |
| Avantax Planning Partners, Inc. trimmed | 8,184 | $201K | 0.1% | 2025-Q2 stale |
| NATIONAL BANK OF CANADA /FI/ added | 8,025 | $197K | 0.1% | 2025-Q4 stale |
| COMERICA BANK trimmed | 2,072 | $51K | 0.0% | 2025-Q4 stale |
| Spectrum Wealth Counsel, LLC | 2,041 | $50K | 0.0% | 2025-Q1 stale |
| Parkside Financial Bank & Trust added | 1,912 | $47K | 0.0% | 2025-Q2 stale |
| Capital Analysts, LLC | 1,873 | $46K | 0.0% | 2025-Q2 stale |
| FLAGSHIP HARBOR ADVISORS, LLC new | 837 | $21K | 0.0% | 2025-Q4 stale |
| BANK OF MONTREAL /CAN/ | 463 | $11K | 0.0% | 2025-Q4 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.