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Institutional Ownership · SEC Form 13F

Who owns ILCB (ILCB)


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

181
Institutional holders
5,291,314
Shares held (tracked funds)

How the tape is positioned

13 tracked funds added or opened ILCB while 32 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

ILCB’s largest tracked holder by dollar value, EXCHANGE TRADED CONCEPTS, LLC, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in ILCB 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 181 tracked filers holding ILCB, 73 increased or opened the position and 73 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 ILCB 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

  • WIN ADVISORS, INC$15M
  • Elevation Capital Advisory, LLC$2M
  • Arkadios Wealth Advisors$2M
  • CITADEL ADVISORS LLC$957K
  • UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$557K

Full exits 8

  • Global Retirement Partners, LLC$3M
  • J.W. COLE ADVISORS, INC.$3M
  • Edge Financial Advisors LLC$2M
  • Dentgroup LLC$1M
  • Liberty Capital Management, Inc.$1M
  • COMERICA BANK$780K

Largest adds

  • Corient Private Wealth LLC$9M
  • OSAIC HOLDINGS, INC.$7M
  • ROYAL BANK OF CANADA$6M
  • Cambridge Investment Research Advisors, Inc.$2M
  • BANK OF AMERICA CORP /DE/$726K
  • FIFTH THIRD BANCORP$667K

Largest trims

  • MORGAN STANLEY$8M
  • RAYMOND JAMES FINANCIAL INC$7M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$3M
  • AMERIPRISE FINANCIAL INC$3M
  • Orion Porfolio Solutions, LLC$2M
  • GOLDMAN SACHS GROUP INC$2M

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
EXCHANGE TRADED CONCEPTS, LLC added548,477$49M9.9%2026-Q1
AMERIPRISE FINANCIAL INC trimmed506,881$46M9.2%2026-Q1
MORGAN STANLEY trimmed490,382$44M8.9%2026-Q1
Equitable Holdings, Inc. trimmed381,156$36M7.2%2026-Q1
LPL Financial LLC added249,260$22M4.5%2026-Q1
Cetera Investment Advisers added218,649$20M4.0%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added168,688$15M3.1%2026-Q1
JPMORGAN CHASE & CO added174,034$15M3.1%2026-Q1
WIN ADVISORS, INC new165,387$15M3.0%2026-Q1
OSAIC HOLDINGS, INC. added151,818$14M2.7%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed120,674$11M2.2%2026-Q1
ROYAL BANK OF CANADA added117,728$11M2.1%2026-Q1
BANK OF AMERICA CORP /DE/ added114,117$10M2.1%2026-Q1
Wealth Forward, LLC added99,857$9M1.8%2026-Q1
UBS Group AG trimmed97,944$9M1.8%2026-Q1
Corient Private Wealth LLC added95,912$9M1.7%2026-Q1
Center for Wealth Management Advisory added93,439$8M1.7%2026-Q1
Gladstone Institutional Advisory LLC trimmed83,274$7M1.5%2026-Q1
WELLS FARGO & COMPANY/MN trimmed83,037$7M1.5%2026-Q1
Merit Financial Group, LLC trimmed73,142$7M1.3%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed63,337$6M1.1%2026-Q1
Cambridge Investment Research Advisors, Inc. added50,314$5M0.9%2026-Q1
Commonwealth Financial Services, LLC added44,255$4M0.8%2026-Q1
Crestwood Advisors Group, LLC trimmed42,290$4M0.8%2026-Q1
Brand Asset Management Group, Inc. trimmed39,160$4M0.7%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added39,083$4M0.7%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed38,607$3M0.7%2026-Q1
JIM SAULNIER & ASSOCIATES, LLC trimmed35,015$3M0.6%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC added34,767$3M0.6%2026-Q1
GOLDMAN SACHS GROUP INC trimmed29,389$3M0.5%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed29,035$3M0.5%2026-Q1
Modern Wealth Management, LLC trimmed28,645$3M0.5%2026-Q1
Financial Engines Advisors L.L.C. trimmed28,139$3M0.5%2026-Q1
FMR LLC added24,703$2M0.4%2026-Q1
Elevation Capital Advisory, LLC trimmed24,556$2M0.4%2026-Q1
Cerity Partners LLC added23,564$2M0.4%2026-Q1
MML INVESTORS SERVICES, LLC trimmed21,813$2M0.4%2026-Q1
American Trust added17,801$2M0.3%2026-Q1
SILVIA MCCOLL WEALTH MANAGEMENT, LLC17,515$2M0.3%2026-Q1
Arkadios Wealth Advisors new16,819$2M0.3%2026-Q1
Mariner, LLC added16,283$1M0.3%2026-Q1
Private Advisor Group, LLC trimmed16,076$1M0.3%2026-Q1
May Barnhard Investments LLC15,465$1M0.3%2026-Q1
HighTower Advisors, LLC15,221$1M0.3%2026-Q1
MONEY CONCEPTS CAPITAL CORP trimmed15,197$1M0.3%2026-Q1
NATIXIS ADVISORS, LLC added13,123$1M0.2%2026-Q1
Bawa N Mallick Trust12,400$1M0.2%2026-Q1
Wealth Management Associates, Inc. trimmed12,234$1M0.2%2026-Q1
Focus Partners Wealth added11,868$1M0.2%2026-Q1
Keystone Financial Services, LLC trimmed11,071$995K0.2%2026-Q1
CITIGROUP INC added10,856$976K0.2%2026-Q1
Kestra Advisory Services, LLC added10,739$965K0.2%2026-Q1
CITADEL ADVISORS LLC trimmed10,647$957K0.2%2026-Q1
Greykasell Wealth Strategies, Inc. trimmed10,371$932K0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added10,337$929K0.2%2026-Q1
Apollon Wealth Management, LLC10,220$918K0.2%2026-Q1
Orion Porfolio Solutions, LLC trimmed10,181$915K0.2%2026-Q1
Rothschild Wealth LLC9,844$885K0.2%2026-Q1
ROCKLAND TRUST CO trimmed9,526$856K0.2%2026-Q1
STIFEL FINANCIAL CORP added9,507$854K0.2%2026-Q1
OneDigital Investment Advisors LLC trimmed8,844$795K0.2%2026-Q1
Capital Management Associates, Inc added8,818$792K0.2%2026-Q1
SeaCrest Wealth Management, LLC trimmed8,755$787K0.2%2026-Q1
CWM, LLC8,323$748K0.2%2026-Q1
Creative Planning trimmed8,078$726K0.1%2026-Q1
FIFTH THIRD BANCORP added7,970$716K0.1%2026-Q1
Pacific Sun Financial Corp added7,820$703K0.1%2026-Q1
Sanctuary Advisors, LLC added7,510$675K0.1%2026-Q1
Red Tortoise LLC trimmed7,232$650K0.1%2026-Q1
NewEdge Wealth, LLC trimmed7,215$648K0.1%2026-Q1
IHT Wealth Management, LLC added6,713$603K0.1%2026-Q1
Baird Financial Group, Inc. trimmed6,313$567K0.1%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC new6,200$557K0.1%2026-Q1
CHAPIN DAVIS, INC. added6,190$556K0.1%2026-Q1
Strategic Blueprint, LLC trimmed6,040$543K0.1%2026-Q1
Dana Investment Advisors, Inc.5,948$534K0.1%2026-Q1
Choate Investment Advisors5,739$516K0.1%2026-Q1
Thrivent Financial for Lutherans added5,703$512K0.1%2026-Q1
Savant Capital, LLC trimmed5,657$508K0.1%2026-Q1
AVANTAX ADVISORY SERVICES, INC. trimmed150,982$13M2.6%2025-Q2 stale
Benchmark Wealth Management, LLC added64,536$6M1.1%2025-Q2 stale
Global Retirement Partners, LLC added32,158$3M0.6%2025-Q4 stale
J.W. COLE ADVISORS, INC. trimmed28,208$3M0.5%2025-Q4 stale
Edge Financial Advisors LLC added20,007$2M0.4%2025-Q4 stale
Atria Wealth Solutions, Inc. trimmed21,006$2M0.4%2025-Q2 stale
Orion Portfolio Solutions, LLC added19,946$2M0.3%2025-Q1 stale
Dentgroup LLC14,242$1M0.3%2025-Q4 stale
West Coast Financial LLC trimmed16,653$1M0.3%2025-Q1 stale
Liberty Capital Management, Inc.12,260$1M0.2%2025-Q4 stale
Kovitz Investment Group Partners, LLC added12,165$1M0.2%2025-Q3 stale
TWO SIGMA INVESTMENTS, LP trimmed11,800$1M0.2%2025-Q2 stale
Siligmueller & Norvid Wealth Advisors LLC9,844$852K0.2%2025-Q2 stale
Tyler-Stone Wealth Management added9,346$802K0.2%2025-Q2 stale
COMERICA BANK trimmed8,268$780K0.2%2025-Q4 stale
Vantage Financial Partners, LLC trimmed6,734$636K0.1%2025-Q4 stale
FLOW TRADERS U.S. LLC added8,078$624K0.1%2025-Q1 stale
GTS SECURITIES LLC trimmed6,252$590K0.1%2025-Q4 stale
Ameritas Advisory Services, LLC added6,380$590K0.1%2025-Q3 stale
Good Life Advisors, LLC added6,541$561K0.1%2025-Q2 stale
JANE STREET GROUP, LLC added6,659$514K0.1%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.

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