Who owns IIF
Which tracked institutional funds hold IIF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IIF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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 IIF is one-sided between 2026-Q1 and 2026-Q2: 8 added or opened and 1 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
IIF’s largest tracked holder by dollar value, CITY OF LONDON INVESTMENT MANAGEMENT CO LTD, sizes it at 1.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IIF 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 45 tracked filers holding IIF, 18 increased or opened the position and 15 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 IIF 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 3
- CARY STREET PARTNERS FINANCIAL LLC$1M
- RAYMOND JAMES FINANCIAL INC$984K
- BANK OF MONTREAL /CAN/$640K
Full exits 1
- Equitable Holdings, Inc.$508K
Largest adds
- CITY OF LONDON INVESTMENT MANAGEMENT CO LTD$4M
- Karpus Management, Inc.$3M
- Saba Capital Management, L.P.$2M
- LAZARD ASSET MANAGEMENT LLC$1M
- EVERGREEN CAPITAL MANAGEMENT LLC$451K
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 |
|---|---|---|---|---|
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD added | 1,041,724 | $24M | 22.3% | 2026-Q2 |
| Saba Capital Management, L.P. added | 782,728 | $18M | 16.8% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 606,913 | $14M | 13.0% | 2026-Q2 |
| Karpus Management, Inc. added | 477,621 | $11M | 10.2% | 2026-Q2 |
| UBS Group AG trimmed | 154,451 | $4M | 3.3% | 2026-Q2 |
| EVERGREEN CAPITAL MANAGEMENT LLC added | 140,787 | $3M | 3.0% | 2026-Q2 |
| MORGAN STANLEY added | 99,074 | $2M | 2.1% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC | 90,022 | $2M | 1.9% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 87,630 | $2M | 1.9% | 2026-Q2 |
| Altium Capital Management LLC | 79,031 | $2M | 1.7% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 73,672 | $2M | 1.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 70,942 | $2M | 1.5% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC new | 59,097 | $1M | 1.3% | 2026-Q2 |
| STRS OHIO | 54,716 | $1M | 1.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 43,129 | $984K | 0.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 38,070 | $869K | 0.8% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 28,060 | $640K | 0.6% | 2026-Q2 |
| Financial Solutions Advisory Group, Inc. added | 19,423 | $442K | 0.4% | 2026-Q2 |
| GP Brinson Investments LLC | 18,000 | $411K | 0.4% | 2026-Q2 |
| XTX Topco Ltd new | 17,615 | $402K | 0.4% | 2026-Q2 |
| Calamos Advisors LLC trimmed | 15,043 | $343K | 0.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 14,709 | $334K | 0.3% | 2026-Q2 |
| GOULD ASSET MANAGEMENT LLC /CA/ | 13,624 | $311K | 0.3% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 12,667 | $289K | 0.3% | 2026-Q2 |
| Samalin Investment Counsel, LLC trimmed | 12,134 | $277K | 0.3% | 2026-Q2 |
| Maridea Wealth Management LLC added | 12,096 | $276K | 0.3% | 2026-Q2 |
| 1607 Capital Partners, LLC trimmed | 11,206 | $256K | 0.2% | 2026-Q2 |
| Dakota Wealth Management new | 10,355 | $236K | 0.2% | 2026-Q2 |
| NORTH STAR ASSET MANAGEMENT INC trimmed | 10,286 | $235K | 0.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 9,199 | $210K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 8,863 | $202K | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 7,835 | $179K | 0.2% | 2026-Q2 |
| Ancora Advisors LLC | 6,937 | $158K | 0.1% | 2026-Q2 |
| Allworth Financial LP trimmed | 3,990 | $91K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 3,770 | $86K | 0.1% | 2026-Q2 |
| Vanguard National Trust Co | 3,167 | $72K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,908 | $44K | 0.0% | 2026-Q2 |
| Arax Advisory Partners | 1,641 | $37K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 350 | $8K | 0.0% | 2026-Q2 |
| TRUST CO OF VERMONT | 179 | $4K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 150 | $3K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ | 115 | $3K | 0.0% | 2026-Q2 |
| GHP Investment Advisors, Inc. | 100 | $2K | 0.0% | 2026-Q2 |
| HOLLENCREST CAPITAL MANAGEMENT | 72 | $2K | 0.0% | 2026-Q2 |
| SOA Wealth Advisors, LLC. | 42 | $958 | 0.0% | 2026-Q2 |
| Equitable Holdings, Inc. new | 24,684 | $508K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| WOLVERINE ASSET MANAGEMENT LLC added | 13,622 | $280K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| BlackRock, Inc. | 250 | $5K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Bulldog Investors, LLP trimmed | 144,096 | $4M | 3.4% | 2025-Q4 stale (2 quarters behind) |
| Pursuit Wealth Management LLC new | 28,717 | $717K | 0.7% | 2025-Q4 stale (2 quarters behind) |
| Cresset Asset Management, LLC new | 11,251 | $303K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| CIBC WORLD MARKET INC. new | 11,350 | $284K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| EVOLVE PRIVATE WEALTH, LLC new | 9,171 | $247K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ trimmed | 8,940 | $223K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 8,923 | $223K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| SeaCrest Wealth Management, LLC added | 8,700 | $218K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Thomas J. Herzfeld Advisors, Inc. | 391 | $10K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC new | 11,852 | $312K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| CSS LLC/IL trimmed | 9,290 | $245K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Quantedge Capital Pte Ltd trimmed | 9,254 | $244K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| MILLENNIUM MANAGEMENT LLC new | 8,721 | $230K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| BARCLAYS PLC | 4,000 | $139K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Rockefeller Capital Management L.P. new | 2,035 | $54K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Tower Research Capital LLC (TRC) new | 45 | $1K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Penserra Capital Management LLC added | 135,312 | $4M | 3.6% | 2025-Q2 stale (4 quarters behind) |
| MML INVESTORS SERVICES, LLC trimmed | 8,510 | $240K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Federation des caisses Desjardins du Quebec | 300 | $8K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.