Who owns IEO
Which tracked institutional funds hold IEO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IEO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
The tracked-fund tape on IEO is one-sided between 2026-Q1 and 2026-Q2: 10 added or opened and 43 trimmed or exited — on balance reducing.
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
IEO’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 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes IEO more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IEO 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 151 tracked filers holding IEO, 54 increased or opened the position and 88 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 IEO 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 6
- PFG Investments, LLC$2M
- Tower Research Capital LLC (TRC)$1M
- GTS SECURITIES LLC$944K
- D. E. Shaw & Co., Inc.$697K
- MILLENNIUM MANAGEMENT LLC$637K
- Regatta Research & Money Management$559K
Full exits 10
- BNP PARIBAS FINANCIAL MARKETS$25M
- AMICA MUTUAL INSURANCE CO$5M
- Horizon Wealth Management, LLC$4M
- Cambridge Investment Research Advisors, Inc.$2M
- Quadrature Capital Ltd$2M
- HighTower Advisors, LLC$2M
Largest adds
- TWO SIGMA INVESTMENTS, LP$12M
- CITIGROUP INC$4M
- CITADEL ADVISORS LLC$3M
- Qube Research & Technologies Ltd$335K
Largest trims
- Bank Pictet & Cie (Europe) AG$6M
- LPL Financial LLC$6M
- MORGAN STANLEY$6M
- ENVESTNET ASSET MANAGEMENT INC$6M
- BANK OF AMERICA CORP /DE/$4M
- ROYAL BANK OF CANADA$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 trimmed | 297,508 | $33M | 15.6% | 2026-Q2 |
| Bank Pictet & Cie (Europe) AG trimmed | 122,139 | $13M | 6.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 117,548 | $13M | 6.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 100,740 | $11M | 5.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 89,518 | $10M | 4.7% | 2026-Q2 |
| LPL Financial LLC trimmed | 89,473 | $10M | 4.7% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 79,628 | $9M | 4.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 54,329 | $6M | 2.9% | 2026-Q2 |
| Mader & Shannon Wealth Management, Inc. added | 48,339 | $5M | 2.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 46,115 | $5M | 2.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 43,903 | $5M | 2.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 43,364 | $5M | 2.3% | 2026-Q2 |
| Investors Research Corp added | 40,047 | $4M | 2.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 39,341 | $4M | 2.1% | 2026-Q2 |
| UBS Group AG trimmed | 39,247 | $4M | 2.1% | 2026-Q2 |
| CITIGROUP INC added | 34,665 | $4M | 1.8% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 29,704 | $3M | 1.6% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 28,410 | $3M | 1.5% | 2026-Q2 |
| MARTIN & CO INC /TN/ trimmed | 22,678 | $2M | 1.2% | 2026-Q2 |
| GRIMES & Co WEALTH MANAGEMENT, LLC trimmed | 22,460 | $2M | 1.2% | 2026-Q2 |
| JOHNSON INVESTMENT COUNSEL INC added | 21,816 | $2M | 1.1% | 2026-Q2 |
| COTTONWOOD CAPITAL ADVISORS, LLC trimmed | 20,565 | $2M | 1.1% | 2026-Q2 |
| PFG Investments, LLC new | 19,021 | $2M | 1.0% | 2026-Q2 |
| AlphaCore Capital LLC trimmed | 18,728 | $2M | 1.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 16,302 | $2M | 0.9% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 16,301 | $2M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 15,392 | $2M | 0.8% | 2026-Q2 |
| Wealth Management Partners, LLC trimmed | 14,661 | $2M | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 13,007 | $1M | 0.7% | 2026-Q2 |
| Independent Family Office, LLC | 12,754 | $1M | 0.7% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 12,462 | $1M | 0.7% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 12,389 | $1M | 0.7% | 2026-Q2 |
| CARRET ASSET MANAGEMENT, LLC trimmed | 12,370 | $1M | 0.6% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 12,304 | $1M | 0.6% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 11,898 | $1M | 0.6% | 2026-Q2 |
| Mariner, LLC trimmed | 11,666 | $1M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 11,414 | $1M | 0.6% | 2026-Q2 |
| Audent Global Asset Management, LLC added | 10,951 | $1M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 10,559 | $1M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 10,527 | $1M | 0.6% | 2026-Q2 |
| Enclave Advisors LLC trimmed | 10,190 | $1M | 0.5% | 2026-Q2 |
| Savvy Advisors, Inc. trimmed | 10,063 | $1M | 0.5% | 2026-Q2 |
| GTS SECURITIES LLC new | 8,592 | $944K | 0.5% | 2026-Q2 |
| PCG Wealth Advisors, LLC added | 8,536 | $938K | 0.4% | 2026-Q2 |
| Stegent Equity Advisors, Inc. trimmed | 7,950 | $873K | 0.4% | 2026-Q2 |
| Cresset Asset Management, LLC trimmed | 7,604 | $835K | 0.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 7,349 | $807K | 0.4% | 2026-Q2 |
| Creative Planning added | 7,322 | $804K | 0.4% | 2026-Q2 |
| Mezzasalma Advisors, LLC trimmed | 6,904 | $758K | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 6,671 | $733K | 0.4% | 2026-Q2 |
| RiverFront Investment Group, LLC trimmed | 6,491 | $713K | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 6,477 | $711K | 0.3% | 2026-Q2 |
| D. E. Shaw & Co., Inc. new | 6,349 | $697K | 0.3% | 2026-Q2 |
| Endowment Wealth Management, Inc. added | 5,996 | $659K | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC new | 5,801 | $637K | 0.3% | 2026-Q2 |
| Mraz, Amerine & Associates, Inc. trimmed | 5,793 | $636K | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 5,307 | $583K | 0.3% | 2026-Q2 |
| Regatta Research & Money Management new | 5,093 | $559K | 0.3% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 5,000 | $549K | 0.3% | 2026-Q2 |
| GUYASUTA INVESTMENT ADVISORS INC | 4,893 | $537K | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 4,784 | $525K | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 4,310 | $473K | 0.2% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 4,309 | $473K | 0.2% | 2026-Q2 |
| Westmount Partners, LLC added | 4,263 | $468K | 0.2% | 2026-Q2 |
| ALTFEST L J & CO INC added | 4,235 | $465K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 4,054 | $445K | 0.2% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 3,966 | $436K | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 3,938 | $433K | 0.2% | 2026-Q2 |
| STEPHENS INC /AR/ trimmed | 3,732 | $410K | 0.2% | 2026-Q2 |
| Poehling Capital Management, INC. | 3,500 | $384K | 0.2% | 2026-Q2 |
| Focus Partners Wealth added | 3,354 | $368K | 0.2% | 2026-Q2 |
| Fiduciary Trust Co | 3,005 | $330K | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 2,963 | $325K | 0.2% | 2026-Q2 |
| CYPRESS ASSET MANAGEMENT INC/TX | 2,953 | $324K | 0.2% | 2026-Q2 |
| &PARTNERS trimmed | 2,782 | $305K | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 2,573 | $283K | 0.1% | 2026-Q2 |
| Ignite Planners, LLC added | 2,225 | $244K | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. trimmed | 2,209 | $243K | 0.1% | 2026-Q2 |
| GILL CAPITAL PARTNERS, LLC | 2,192 | $241K | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 2,086 | $229K | 0.1% | 2026-Q2 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. added | 2,069 | $227K | 0.1% | 2026-Q2 |
| Sowell Financial Services LLC added | 1,995 | $219K | 0.1% | 2026-Q2 |
| Avior Wealth Management, LLC trimmed | 1,981 | $218K | 0.1% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC | 1,963 | $216K | 0.1% | 2026-Q2 |
| ANCHYRA PARTNERS LLC | 1,825 | $200K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 1,706 | $187K | 0.1% | 2026-Q2 |
| one8zero8, LLC trimmed | 1,400 | $154K | 0.1% | 2026-Q2 |
| FIRST HORIZON CORP trimmed | 1,362 | $150K | 0.1% | 2026-Q2 |
| FMR LLC added | 1,275 | $140K | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ | 1,017 | $112K | 0.1% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 940 | $103K | 0.0% | 2026-Q2 |
| Ancora Advisors LLC trimmed | 868 | $95K | 0.0% | 2026-Q2 |
| HARBOR INVESTMENT ADVISORY, LLC | 800 | $88K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC added | 736 | $81K | 0.0% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL | 712 | $78K | 0.0% | 2026-Q2 |
| WHITTIER TRUST CO OF NEVADA INC | 700 | $79K | 0.0% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 685 | $84K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 600 | $66K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC added | 586 | $64K | 0.0% | 2026-Q2 |
| Strategic Wealth Partners, Ltd. | 500 | $55K | 0.0% | 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.