Who owns IFRA (IFRA)
Which tracked institutional funds hold IFRA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IFRA 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
The tracked-fund tape on IFRA is one-sided between 2025-Q4 and 2026-Q1: 78 added or opened and 23 trimmed or exited — on balance accumulating.
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
IFRA’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes IFRA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IFRA 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 394 tracked filers holding IFRA, 204 increased or opened the position and 169 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 IFRA 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 13
- NorthCoast Asset Management LLC$8M
- Dorsey & Whitney Trust CO LLC$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- DIVERSIFY WEALTH MANAGEMENT, LLC$2M
- Independent Advisor Alliance$1M
- Yakira Capital Management, Inc.$1M
Full exits 9
- CONSOLIDATED CAPITAL MANAGEMENT, LLC$2M
- Eaton Financial Holdings Company, LLC$1M
- Diversify Advisory Services, LLC$1M
- Orion Porfolio Solutions, LLC$1M
- Bank of New York Mellon Corp$1M
- COMERICA BANK$971K
Largest adds
- Wellspring Financial Advisors, LLC$32M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$26M
- BANK OF AMERICA CORP /DE/$26M
- MORGAN STANLEY$25M
- Cetera Investment Advisers$24M
- VAN ECK ASSOCIATES CORP$15M
Largest trims
- OSAIC HOLDINGS, INC.$2M
- Steward Partners Investment Advisory, LLC$1M
- Forthright Family Wealth Advisory LLC$1M
- ROYAL BANK OF CANADA$1M
- Stratos Wealth Partners, LTD.$1M
- SUMITOMO LIFE INSURANCE CO$849K
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 9,743,945 | $557M | 31.8% | 2026-Q1 |
| MORGAN STANLEY added | 2,307,325 | $132M | 7.5% | 2026-Q1 |
| Wharton Business Group, LLC added | 1,723,025 | $99M | 5.6% | 2026-Q1 |
| LPL Financial LLC added | 1,234,604 | $71M | 4.0% | 2026-Q1 |
| Cetera Investment Advisers added | 1,076,201 | $62M | 3.5% | 2026-Q1 |
| Mariner, LLC added | 1,057,154 | $60M | 3.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 833,991 | $48M | 2.7% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 758,522 | $43M | 2.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 609,005 | $35M | 2.0% | 2026-Q1 |
| Wellspring Financial Advisors, LLC added | 563,997 | $32M | 1.8% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 497,747 | $28M | 1.6% | 2026-Q1 |
| Creative Planning trimmed | 434,020 | $25M | 1.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 410,444 | $23M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 403,878 | $23M | 1.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 405,618 | $23M | 1.3% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 391,663 | $22M | 1.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 374,158 | $21M | 1.2% | 2026-Q1 |
| Curi Capital, LLC added | 367,305 | $21M | 1.2% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 365,430 | $21M | 1.2% | 2026-Q1 |
| UBS Group AG added | 354,404 | $20M | 1.2% | 2026-Q1 |
| Compound Planning, Inc. trimmed | 331,806 | $19M | 1.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 312,612 | $18M | 1.0% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC added | 306,736 | $18M | 1.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 304,436 | $17M | 1.0% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 222,318 | $13M | 0.7% | 2026-Q1 |
| Brio Consultants, LLC trimmed | 186,337 | $12M | 0.7% | 2026-Q1 |
| TrustBank added | 202,008 | $12M | 0.7% | 2026-Q1 |
| Laurel Wealth Planning LLC trimmed | 184,424 | $11M | 0.6% | 2026-Q1 |
| HighTower Advisors, LLC added | 182,906 | $10M | 0.6% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 180,801 | $10M | 0.6% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 169,959 | $10M | 0.6% | 2026-Q1 |
| SUMITOMO LIFE INSURANCE CO trimmed | 166,100 | $10M | 0.5% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 150,452 | $9M | 0.5% | 2026-Q1 |
| NorthCoast Asset Management LLC new | 135,847 | $8M | 0.4% | 2026-Q1 |
| Haven Private, LLC added | 131,316 | $8M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 119,105 | $7M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 108,882 | $6M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 104,202 | $6M | 0.3% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. trimmed | 88,975 | $5M | 0.3% | 2026-Q1 |
| Consilium Wealth Advisory, LLC added | 83,660 | $5M | 0.3% | 2026-Q1 |
| Eagle Strategies LLC added | 77,632 | $4M | 0.3% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 75,235 | $4M | 0.2% | 2026-Q1 |
| Fifth Third Securities, Inc. added | 70,700 | $4M | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 70,302 | $4M | 0.2% | 2026-Q1 |
| LANE BROTHERS & CO INC trimmed | 68,326 | $4M | 0.2% | 2026-Q1 |
| HOGE FINANCIAL SERVICES, LLC added | 65,877 | $4M | 0.2% | 2026-Q1 |
| Silver Coast Investments LLC trimmed | 62,664 | $4M | 0.2% | 2026-Q1 |
| FORTE ASSET MANAGEMENT LLC added | 62,477 | $4M | 0.2% | 2026-Q1 |
| Paller Financial Services Inc trimmed | 59,946 | $3M | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 59,845 | $3M | 0.2% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 59,324 | $3M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 54,210 | $3M | 0.2% | 2026-Q1 |
| PATTON ALBERTSON MILLER GROUP, LLC trimmed | 51,723 | $3M | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 50,750 | $3M | 0.2% | 2026-Q1 |
| Dorsey & Whitney Trust CO LLC new | 51,155 | $3M | 0.2% | 2026-Q1 |
| Western Wealth Management, LLC added | 50,371 | $3M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 46,225 | $3M | 0.2% | 2026-Q1 |
| U.S. Capital Wealth Advisors, LLC trimmed | 45,134 | $3M | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 42,826 | $2M | 0.1% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 41,447 | $2M | 0.1% | 2026-Q1 |
| BG Investment Services, LLC trimmed | 40,332 | $2M | 0.1% | 2026-Q1 |
| MONEY CONCEPTS CAPITAL CORP trimmed | 39,341 | $2M | 0.1% | 2026-Q1 |
| CLIENT 1ST ADVISORY GROUP, LLC added | 39,284 | $2M | 0.1% | 2026-Q1 |
| STRATEGY ASSET MANAGERS LLC added | 37,162 | $2M | 0.1% | 2026-Q1 |
| SILVERLAKE WEALTH MANAGEMENT LLC trimmed | 37,055 | $2M | 0.1% | 2026-Q1 |
| CITIZENS FINANCIAL GROUP INC/RI added | 36,477 | $2M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 36,333 | $2M | 0.1% | 2026-Q1 |
| Urban Wealth Management, LLC trimmed | 35,792 | $2M | 0.1% | 2026-Q1 |
| IHT Wealth Management, LLC added | 35,151 | $2M | 0.1% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 9,173 | $2M | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 35,925 | $2M | 0.1% | 2026-Q1 |
| ARRIEN INVESTMENTS, INC. trimmed | 32,873 | $2M | 0.1% | 2026-Q1 |
| Financial Partners Group, Inc trimmed | 32,768 | $2M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 32,484 | $2M | 0.1% | 2026-Q1 |
| SIMON QUICK ADVISORS, LLC trimmed | 31,359 | $2M | 0.1% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC trimmed | 30,491 | $2M | 0.1% | 2026-Q1 |
| Hibernia Wealth Partners, LLC added | 30,438 | $2M | 0.1% | 2026-Q1 |
| WARNER FINANCIAL, INC trimmed | 30,383 | $2M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 30,287 | $2M | 0.1% | 2026-Q1 |
| Arax Advisory Partners added | 29,734 | $2M | 0.1% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 26,274 | $2M | 0.1% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 27,594 | $2M | 0.1% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 27,461 | $2M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 26,873 | $2M | 0.1% | 2026-Q1 |
| Arkadios Wealth Advisors added | 26,683 | $2M | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 25,984 | $1M | 0.1% | 2026-Q1 |
| Touchstone Capital, Inc. new | 334,779 | $18M | 1.0% | 2025-Q3 stale |
| CW Advisors, LLC added | 150,987 | $7M | 0.4% | 2025-Q2 stale |
| PRINCIPAL FINANCIAL GROUP INC added | 140,395 | $7M | 0.4% | 2025-Q3 stale |
| Elios Financial Group Inc. trimmed | 129,184 | $6M | 0.4% | 2025-Q2 stale |
| GTS SECURITIES LLC added | 68,648 | $3M | 0.2% | 2025-Q1 stale |
| Strategic Equity Management added | 56,379 | $3M | 0.1% | 2025-Q1 stale |
| SSA SWISS ADVISORS AG new | 53,945 | $2M | 0.1% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 39,797 | $2M | 0.1% | 2025-Q2 stale |
| Keel Point, LLC added | 35,693 | $2M | 0.1% | 2025-Q3 stale |
| MONEYWISE, INC. added | 41,317 | $2M | 0.1% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. added | 35,961 | $2M | 0.1% | 2025-Q2 stale |
| Clear Creek Financial Management, LLC trimmed | 35,619 | $2M | 0.1% | 2025-Q1 stale |
| CONSOLIDATED CAPITAL MANAGEMENT, LLC new | 30,066 | $2M | 0.1% | 2025-Q4 stale |
| GWN SECURITIES INC. new | 32,353 | $2M | 0.1% | 2025-Q1 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.