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Institutional Ownership · SEC Form 13F

Who owns IEF (IEF)


Which tracked institutional funds hold IEF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IEF 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.

1,108
Institutional holders
449,970,653
Shares held (tracked funds)

How the tape is positioned

319 tracked funds added or opened IEF while 195 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

IEF’s largest tracked holder by dollar value, Fisher Asset Management, LLC, sizes it at 4.8% of its own reported 13F book, while the median holder sizes it at 1.2% of theirs — a 3.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in IEF 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 1108 tracked filers holding IEF, 670 increased or opened the position and 432 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 IEF 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 57

  • Richard Bernstein Advisors LLC$351M
  • CenturyLink Investment Management Co$71M
  • Garde Capital, Inc.$58M
  • Qube Research & Technologies Ltd$25M
  • Tulsa Wealth Advisors, INC$24M
  • Jefferies Financial Group Inc.$17M

Full exits 58

  • AlphaQuest LLC$97M
  • Juniper Hill Capital Management LP$72M
  • NewEdge Advisors, LLC$36M
  • TTP Investments, Inc.$36M
  • Blue Edge Capital, LLC$32M
  • Keel Point, LLC$25M

Largest adds

  • Fisher Asset Management, LLC$1.1B
  • BANK OF AMERICA CORP /DE/$889M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$458M
  • AMERIPRISE FINANCIAL INC$318M
  • CITADEL ADVISORS LLC$240M
  • ROYAL BANK OF CANADA$230M

Largest trims

  • MORGAN STANLEY$419M
  • Mariner, LLC$179M
  • BANK OF MONTREAL /CAN/$123M
  • COLDSTREAM CAPITAL MANAGEMENT INC$96M
  • ARMSTRONG ADVISORY GROUP, INC$66M
  • BARCLAYS PLC$65M

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
Fisher Asset Management, LLC added147,045,481$14.0B35.3%2026-Q1
FMR LLC added35,047,712$3.3B8.4%2026-Q1
JPMORGAN CHASE & CO added34,721,614$3.3B8.3%2026-Q1
BANK OF AMERICA CORP /DE/ added22,900,079$2.2B5.5%2026-Q1
AMERIPRISE FINANCIAL INC added18,510,559$1.8B4.4%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added14,752,602$1.4B3.5%2026-Q1
MORGAN STANLEY trimmed12,781,391$1.2B3.1%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed8,428,734$804M2.0%2026-Q1
RAYMOND JAMES FINANCIAL INC added6,801,357$649M1.6%2026-Q1
Blue Trust, Inc. added6,475,952$618M1.6%2026-Q1
LPL Financial LLC added5,958,061$569M1.4%2026-Q1
CAPTRUST FINANCIAL ADVISORS trimmed5,365,982$512M1.3%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added4,850,856$463M1.2%2026-Q1
BANK OF MONTREAL /CAN/ trimmed4,424,785$422M1.1%2026-Q1
UBS Group AG added4,175,729$399M1.0%2026-Q1
Richard Bernstein Advisors LLC added3,673,879$351M0.9%2026-Q1
CITADEL ADVISORS LLC added3,431,225$327M0.8%2026-Q1
ROYAL BANK OF CANADA added3,388,286$323M0.8%2026-Q1
Bank Julius Baer & Co. Ltd, Zurich trimmed3,163,775$302M0.8%2026-Q1
WELLS FARGO & COMPANY/MN trimmed3,045,245$291M0.7%2026-Q1
Baird Financial Group, Inc. added2,724,472$260M0.7%2026-Q1
ALLIANCEBERNSTEIN L.P. added2,565,318$247M0.6%2026-Q1
Mutual Advisors, LLC added2,169,821$207M0.5%2026-Q1
BlackRock, Inc. trimmed2,149,251$205M0.5%2026-Q1
TRUIST FINANCIAL CORP added1,913,814$183M0.5%2026-Q1
Harvest Portfolios Group Inc. added1,897,311$181M0.5%2026-Q1
Cerity Partners OCIO LLC trimmed1,889,214$180M0.5%2026-Q1
WEALTHCARE CAPITAL MANAGEMENT LLC trimmed1,810,803$173M0.4%2026-Q1
PEAVINE CAPITAL, LLC trimmed1,771,690$169M0.4%2026-Q1
STIFEL FINANCIAL CORP added1,538,763$147M0.4%2026-Q1
Cetera Investment Advisers added1,415,268$135M0.3%2026-Q1
ASSETMARK, INC added1,336,059$128M0.3%2026-Q1
Focus Partners Wealth trimmed1,307,168$125M0.3%2026-Q1
Janney Montgomery Scott LLC added1,288,790$123M0.3%2026-Q1
Members Trust Co added1,268,847$121M0.3%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed1,218,901$116M0.3%2026-Q1
Liberty Mutual Group Asset Management Inc. added1,182,507$113M0.3%2026-Q1
RiverFront Investment Group, LLC added1,110,125$106M0.3%2026-Q1
GOLDMAN SACHS GROUP INC added1,092,414$104M0.3%2026-Q1
Wealthcare Advisory Partners LLC added1,072,046$102M0.3%2026-Q1
Ally Invest Advisors Inc. added1,070,158$102M0.3%2026-Q1
Cambridge Investment Research Advisors, Inc. added1,002,923$96M0.2%2026-Q1
COLDSTREAM CAPITAL MANAGEMENT INC trimmed990,423$95M0.2%2026-Q1
Cerity Partners LLC added983,964$94M0.2%2026-Q1
GREENLEAF TRUST added959,941$92M0.2%2026-Q1
Avalon Advisory Group added925,015$88M0.2%2026-Q1
3EDGE Asset Management, LP added894,281$85M0.2%2026-Q1
SUMITOMO MITSUI FINANCIAL GROUP, INC. added855,197$82M0.2%2026-Q1
GREENWOOD GEARHART LLC added798,912$76M0.2%2026-Q1
WestEnd Advisors, LLC added779,648$74M0.2%2026-Q1
MATAURO, LLC added764,661$73M0.2%2026-Q1
AIA Group Ltd added763,695$73M0.2%2026-Q1
Raub Brock Capital Management LP trimmed762,422$73M0.2%2026-Q1
CenturyLink Investment Management Co new746,500$71M0.2%2026-Q1
Rockefeller Capital Management L.P. trimmed704,626$67M0.2%2026-Q1
MML INVESTORS SERVICES, LLC added652,522$62M0.2%2026-Q1
MAI Capital Management added627,232$60M0.2%2026-Q1
Garde Capital, Inc. added609,268$58M0.1%2026-Q1
Arkos Global Advisors added601,226$57M0.1%2026-Q1
PRUDENT INVESTORS NETWORK, INC. added550,348$53M0.1%2026-Q1
PARTNERS CAPITAL INVESTMENT GROUP, LLP added544,561$52M0.1%2026-Q1
HighTower Advisors, LLC added534,295$51M0.1%2026-Q1
Bogart Wealth, LLC added528,262$50M0.1%2026-Q1
NorthRock Partners, LLC added524,082$50M0.1%2026-Q1
PATTON FUND MANAGEMENT, INC. added509,552$49M0.1%2026-Q1
Twele Capital Management, Inc. added497,065$47M0.1%2026-Q1
GenWealth Group, Inc. added489,306$47M0.1%2026-Q1
LifeGuide Financial Advisors, LLC added468,039$45M0.1%2026-Q1
Leo Wealth, LLC added464,602$44M0.1%2026-Q1
Mirae Asset Global Investments Co., Ltd. trimmed451,933$43M0.1%2026-Q1
Community Financial Services Group, LLC added442,134$42M0.1%2026-Q1
Ironwood Wealth Management, LLC. added440,202$42M0.1%2026-Q1
Sompo Asset Management Co., Ltd. added428,240$41M0.1%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added426,317$41M0.1%2026-Q1
OSAIC HOLDINGS, INC. trimmed422,495$40M0.1%2026-Q1
Beacon Wealthcare LLC added412,988$39M0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added408,485$39M0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed399,797$38M0.1%2026-Q1
Kestra Advisory Services, LLC added394,006$38M0.1%2026-Q1
Focus Financial Network, Inc. added383,634$37M0.1%2026-Q1
IFP Advisors, Inc added354,092$34M0.1%2026-Q1
FIRST FINANCIAL BANK - TRUST DIVISION added353,112$34M0.1%2026-Q1
Bank of New York Mellon Corp added346,576$33M0.1%2026-Q1
Summit Global Investments added346,492$33M0.1%2026-Q1
CITIGROUP INC trimmed345,937$33M0.1%2026-Q1
Banco Santander, S.A. added337,380$32M0.1%2026-Q1
AlphaQuest LLC added1,009,045$97M0.2%2025-Q4 stale
Juniper Hill Capital Management LP744,199$72M0.2%2025-Q4 stale
SONA ASSET MANAGEMENT (US) LLC trimmed725,000$69M0.2%2025-Q2 stale
Tanglewood Wealth Management, Inc. added567,028$55M0.1%2025-Q3 stale
Summit Financial Consulting LLC added554,550$53M0.1%2025-Q2 stale
SOROS FUND MANAGEMENT LLC trimmed472,599$46M0.1%2025-Q3 stale
COBBLESTONE CAPITAL ADVISORS LLC /NY/ added464,647$45M0.1%2025-Q3 stale
MOORE CAPITAL MANAGEMENT, LP added467,790$45M0.1%2025-Q2 stale
CI INVESTMENTS INC. trimmed454,348$44M0.1%2025-Q2 stale
MJP ASSOCIATES INC /ADV added389,501$37M0.1%2025-Q1 stale
NewEdge Advisors, LLC added378,032$36M0.1%2025-Q4 stale
TTP Investments, Inc. added375,424$36M0.1%2025-Q4 stale
LIFE LINE WEALTH MANAGEMENT LLC added340,117$32M0.1%2025-Q1 stale
Blue Edge Capital, LLC added334,910$32M0.1%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