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Institutional Ownership · SEC Form 13F

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.

84
Institutional holders
13,194,511
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
GLOBALT Investments LLC / GA added2,411,272$59M17.4%2026-Q1
Atlantic Union Bankshares Corp added1,460,096$36M10.5%2026-Q1
Krilogy Financial LLC trimmed1,122,281$27M8.1%2026-Q1
CONFLUENCE INVESTMENT MANAGEMENT LLC added1,081,896$26M7.8%2026-Q1
MORGAN STANLEY added988,796$24M7.1%2026-Q1
CHATHAM CAPITAL GROUP, INC. added668,895$16M4.8%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added603,291$15M4.4%2026-Q1
PFG Private Wealth Management, LLC new492,749$13M3.8%2026-Q1
Cetera Investment Advisers added403,310$10M2.9%2026-Q1
AMERIPRISE FINANCIAL INC added339,188$8M2.4%2026-Q1
WELLS FARGO & COMPANY/MN added323,430$8M2.3%2026-Q1
Headland Capital, LLC added312,598$8M2.3%2026-Q1
HighTower Advisors, LLC added267,449$7M1.9%2026-Q1
Probity Advisors, Inc. added197,074$5M1.4%2026-Q1
UBS Group AG added178,424$4M1.3%2026-Q1
TRUIST FINANCIAL CORP added156,326$4M1.1%2026-Q1
Accretive Wealth Partners, LLC trimmed138,531$3M1.0%2026-Q1
BANK OF AMERICA CORP /DE/ added136,245$3M1.0%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV added136,120$3M1.0%2026-Q1
STIFEL FINANCIAL CORP added135,383$3M1.0%2026-Q1
ROYAL BANK OF CANADA added127,175$3M0.9%2026-Q1
UNITED CAPITAL FINANCIAL ADVISORS, LLC added100,103$2M0.7%2026-Q1
FAGAN ASSOCIATES, INC. added97,677$2M0.7%2026-Q1
SEI INVESTMENTS CO new97,575$2M0.7%2026-Q1
THOROUGHBRED FINANCIAL SERVICES, LLC added93,580$2M0.7%2026-Q1
RAYMOND JAMES FINANCIAL INC added92,912$2M0.7%2026-Q1
PFG Advisors trimmed87,769$2M0.6%2026-Q1
Snowden Capital Advisors LLC added84,819$2M0.6%2026-Q1
Janney Montgomery Scott LLC new65,380$2M0.5%2026-Q1
Pinnacle Financial Partners, Inc. added63,679$2M0.5%2026-Q1
L2 Asset Management, LLC added54,099$1M0.4%2026-Q1
Lido Advisors, LLC50,214$1M0.4%2026-Q1
LPL Financial LLC added45,998$1M0.3%2026-Q1
CWM, LLC trimmed34,832$850K0.3%2026-Q1
Mechanics Bank Trust Department33,000$805K0.2%2026-Q1
Reliant Wealth Planning30,643$747K0.2%2026-Q1
BENJAMIN EDWARDS INC added29,311$715K0.2%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added26,971$658K0.2%2026-Q1
Tower Research Capital LLC (TRC) trimmed25,658$626K0.2%2026-Q1
CAPTRUST FINANCIAL ADVISORS added23,769$580K0.2%2026-Q1
Greater Midwest Financial Group, LLC added23,547$574K0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed23,188$566K0.2%2026-Q1
Visionary Wealth Advisors trimmed19,302$471K0.1%2026-Q1
Financial Engines Advisors L.L.C. trimmed18,976$463K0.1%2026-Q1
Keeler Thomas Management LLC trimmed18,609$454K0.1%2026-Q1
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC trimmed18,074$441K0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed17,826$435K0.1%2026-Q1
JPL Wealth Management, LLC added17,403$424K0.1%2026-Q1
Simplicity Wealth,LLC trimmed17,227$420K0.1%2026-Q1
Kestra Advisory Services, LLC added16,782$409K0.1%2026-Q1
Jacobi Capital Management LLC added16,340$399K0.1%2026-Q1
Cambridge Investment Research Advisors, Inc. added15,861$387K0.1%2026-Q1
Integrated Wealth Concepts LLC new14,660$358K0.1%2026-Q1
JIM SAULNIER & ASSOCIATES, LLC new13,944$340K0.1%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added13,581$331K0.1%2026-Q1
LEAVELL INVESTMENT MANAGEMENT, INC. new13,040$318K0.1%2026-Q1
Jaffetilchin Investment Partners, LLC added11,417$278K0.1%2026-Q1
Private Advisor Group, LLC8,920$218K0.1%2026-Q1
JAMES INVESTMENT RESEARCH, INC.8,525$208K0.1%2026-Q1
Guidance Point Advisors, LLC new8,516$208K0.1%2026-Q1
COLDSTREAM CAPITAL MANAGEMENT INC added8,420$205K0.1%2026-Q1
SIGNATUREFD, LLC8,347$204K0.1%2026-Q1
IFP Advisors, Inc added5,247$128K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed5,104$125K0.0%2026-Q1
Physician Wealth Advisors, Inc.4,173$102K0.0%2026-Q1
Atlantic Private Wealth, LLC trimmed3,901$95K0.0%2026-Q1
FIFTH THIRD BANCORP new3,649$89K0.0%2026-Q1
CNB Bank trimmed3,211$78K0.0%2026-Q1
Asset Dedication, LLC added2,723$66K0.0%2026-Q1
Clayton Financial Group LLC trimmed2,710$66K0.0%2026-Q1
Noble Wealth Management PBC2,000$49K0.0%2026-Q1
Advisory Services Network, LLC added1,989$49K0.0%2026-Q1
Cherry Tree Wealth Management, LLC1,608$39K0.0%2026-Q1
CENTRAL TRUST Co trimmed1,427$35K0.0%2026-Q1
Rockefeller Capital Management L.P. added1,369$33K0.0%2026-Q1
Hyposwiss Advisors SA1,120$27K0.0%2026-Q1
Allworth Financial LP846$21K0.0%2026-Q1
Federation des caisses Desjardins du Quebec trimmed626$15K0.0%2026-Q1
CoreCap Advisors, LLC trimmed484$12K0.0%2026-Q1
Estate Counselors, LLC added158,426$4M1.1%2025-Q1 stale
Equitable Holdings, Inc. added101,378$2M0.7%2025-Q2 stale
SYNOVUS FINANCIAL CORP trimmed65,061$2M0.5%2025-Q3 stale
NovaPoint Capital, LLC added48,824$1M0.4%2025-Q4 stale
JANE STREET GROUP, LLC added49,473$1M0.4%2025-Q4 stale
Exchange Capital Management, Inc.49,151$1M0.4%2025-Q2 stale
CITADEL ADVISORS LLC trimmed28,851$708K0.2%2025-Q4 stale
FLOW TRADERS U.S. LLC trimmed26,725$655K0.2%2025-Q2 stale
GOLDMAN SACHS GROUP INC added23,419$574K0.2%2025-Q2 stale
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC new19,336$501K0.1%2025-Q2 stale
GTS SECURITIES LLC new19,202$469K0.1%2025-Q1 stale
Koesten, Hirschmann & Crabtree, INC. new8,140$214K0.1%2025-Q3 stale
Walleye Partners, LLC new8,645$212K0.1%2025-Q4 stale
Avantax Planning Partners, Inc. trimmed8,184$201K0.1%2025-Q2 stale
NATIONAL BANK OF CANADA /FI/ added8,025$197K0.1%2025-Q4 stale
COMERICA BANK trimmed2,072$51K0.0%2025-Q4 stale
Spectrum Wealth Counsel, LLC2,041$50K0.0%2025-Q1 stale
Parkside Financial Bank & Trust added1,912$47K0.0%2025-Q2 stale
Capital Analysts, LLC1,873$46K0.0%2025-Q2 stale
FLAGSHIP HARBOR ADVISORS, LLC new837$21K0.0%2025-Q4 stale
BANK OF MONTREAL /CAN/463$11K0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership