Who owns ILTB (ILTB)
Which tracked institutional funds hold ILTB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ILTB 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
14 tracked funds added or opened ILTB while 18 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
ILTB’s largest tracked holder by dollar value, NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ILTB 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 87 tracked filers holding ILTB, 37 increased or opened the position and 46 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 ILTB 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 4
- RETIREMITTEN FINANCIAL LLC$12M
- CITADEL ADVISORS LLC$2M
- Thrivent Financial for Lutherans$1M
- VestGen Advisors, LLC$561K
Full exits 6
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$140M
- Mach-1 Financial Group, LLC$2M
- TRUIST FINANCIAL CORP$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- Veratis Advisors, Inc.$1M
- J.W. COLE ADVISORS, INC.$691K
Largest adds
- AMERIPRISE FINANCIAL INC$5M
- AE Wealth Management LLC$3M
- Equitable Holdings, Inc.$1M
- Arkadios Wealth Advisors$912K
- LPL Financial LLC$853K
- JONES FINANCIAL COMPANIES LLLP$733K
Largest trims
- Independent Wealth Network Inc.$4M
- PLANWISER FINANCIAL, LLC$2M
- Cetera Investment Advisers$1M
- BANK OF AMERICA CORP /DE/$1M
- Grey Fox Wealth Advisors, LLC$657K
- Verde Capital Management$519K
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/ added | 2,166,774 | $106M | 20.8% | 2026-Q1 |
| AE Wealth Management LLC added | 1,302,828 | $64M | 12.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 541,061 | $27M | 5.2% | 2026-Q1 |
| Focus Financial Network, Inc. added | 254,176 | $12M | 2.4% | 2026-Q1 |
| RETIREMITTEN FINANCIAL LLC new | 253,473 | $12M | 2.4% | 2026-Q1 |
| Cedar Mountain Advisors, LLC added | 243,947 | $12M | 2.3% | 2026-Q1 |
| BlackRock, Inc. added | 205,417 | $10M | 2.0% | 2026-Q1 |
| Verde Capital Management trimmed | 174,574 | $9M | 1.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 171,250 | $8M | 1.6% | 2026-Q1 |
| UBS Group AG trimmed | 170,277 | $8M | 1.6% | 2026-Q1 |
| LPL Financial LLC added | 133,533 | $7M | 1.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 122,798 | $6M | 1.2% | 2026-Q1 |
| ETF Portfolio Partners, Inc. trimmed | 105,011 | $5M | 1.0% | 2026-Q1 |
| Arkadios Wealth Advisors added | 91,731 | $4M | 0.9% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 83,439 | $4M | 0.8% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 82,465 | $4M | 0.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 76,487 | $4M | 0.7% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 71,940 | $4M | 0.7% | 2026-Q1 |
| KEYBANK NATIONAL ASSOCIATION/OH | 68,357 | $3M | 0.7% | 2026-Q1 |
| SCHMIDT P J INVESTMENT MANAGEMENT INC added | 65,719 | $3M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 55,990 | $3M | 0.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 49,505 | $2M | 0.5% | 2026-Q1 |
| Wealthfront Advisers LLC added | 47,846 | $2M | 0.5% | 2026-Q1 |
| Independent Wealth Network Inc. trimmed | 46,858 | $2M | 0.4% | 2026-Q1 |
| Equitable Holdings, Inc. added | 38,924 | $2M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 38,905 | $2M | 0.4% | 2026-Q1 |
| Sound Income Strategies, LLC added | 39,008 | $2M | 0.4% | 2026-Q1 |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 37,538 | $2M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 34,955 | $2M | 0.3% | 2026-Q1 |
| Prospera Financial Services Inc trimmed | 33,679 | $2M | 0.3% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 30,439 | $1M | 0.3% | 2026-Q1 |
| Goldstone Financial Group, LLC trimmed | 29,807 | $1M | 0.3% | 2026-Q1 |
| Betterment LLC added | 25,422 | $1M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 23,584 | $1M | 0.2% | 2026-Q1 |
| Cresta Advisors, Ltd. | 22,570 | $1M | 0.2% | 2026-Q1 |
| Elevated Capital Advisors, LLC trimmed | 21,108 | $1M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 19,992 | $979K | 0.2% | 2026-Q1 |
| Summit Wealth Partners, LLC trimmed | 16,894 | $827K | 0.2% | 2026-Q1 |
| Safeguard Investment Advisory Group, LLC trimmed | 15,193 | $744K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 13,880 | $680K | 0.1% | 2026-Q1 |
| VestGen Advisors, LLC new | 11,517 | $561K | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 11,133 | $545K | 0.1% | 2026-Q1 |
| Latitude Advisors, LLC trimmed | 10,150 | $497K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 9,907 | $485K | 0.1% | 2026-Q1 |
| GWN SECURITIES INC. added | 9,247 | $453K | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 9,012 | $441K | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 8,226 | $403K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 7,850 | $384K | 0.1% | 2026-Q1 |
| Triad Wealth Partners, LLC new | 7,074 | $346K | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC added | 6,935 | $340K | 0.1% | 2026-Q1 |
| Crescent Grove Advisors, LLC | 6,765 | $331K | 0.1% | 2026-Q1 |
| TD PRIVATE CLIENT WEALTH LLC added | 6,234 | $305K | 0.1% | 2026-Q1 |
| TSFG, LLC trimmed | 6,209 | $304K | 0.1% | 2026-Q1 |
| PLANWISER FINANCIAL, LLC trimmed | 6,110 | $302K | 0.1% | 2026-Q1 |
| Winter & Associates, Inc. added | 4,819 | $236K | 0.0% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 4,819 | $236K | 0.0% | 2026-Q1 |
| &PARTNERS trimmed | 4,599 | $225K | 0.0% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC trimmed | 4,597 | $224K | 0.0% | 2026-Q1 |
| Grey Fox Wealth Advisors, LLC trimmed | 4,549 | $223K | 0.0% | 2026-Q1 |
| PlanVest Financial, Inc new | 3,500 | $171K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 3,293 | $161K | 0.0% | 2026-Q1 |
| CITIGROUP INC trimmed | 2,817 | $138K | 0.0% | 2026-Q1 |
| FINANCIAL CONSULATE, INC added | 1,755 | $86K | 0.0% | 2026-Q1 |
| SHP Wealth Management trimmed | 1,706 | $84K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 1,562 | $77K | 0.0% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | 1,220 | $60K | 0.0% | 2026-Q1 |
| CWM, LLC | 1,140 | $56K | 0.0% | 2026-Q1 |
| Decker Retirement Planning Inc. | 1,133 | $55K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc added | 1,043 | $51K | 0.0% | 2026-Q1 |
| Quest 10 Wealth Builders, Inc. added | 444 | $22K | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 4,724,569 | $140M | 27.3% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. trimmed | 84,679 | $4M | 0.8% | 2025-Q1 stale |
| Peak Financial Management, Inc. trimmed | 52,564 | $3M | 0.5% | 2025-Q2 stale |
| Mach-1 Financial Group, LLC added | 35,080 | $2M | 0.3% | 2025-Q4 stale |
| TRUIST FINANCIAL CORP added | 32,205 | $2M | 0.3% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 29,056 | $1M | 0.3% | 2025-Q4 stale |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 28,289 | $1M | 0.3% | 2025-Q2 stale |
| Coppell Advisory Solutions LLC new | 6,100 | $1M | 0.3% | 2025-Q1 stale |
| Veratis Advisors, Inc. new | 19,977 | $1M | 0.2% | 2025-Q4 stale |
| J.W. COLE ADVISORS, INC. trimmed | 13,894 | $691K | 0.1% | 2025-Q4 stale |
| Envestnet Portfolio Solutions, Inc. added | 9,232 | $459K | 0.1% | 2025-Q4 stale |
| BNP PARIBAS added | 9,133 | $457K | 0.1% | 2025-Q1 stale |
| Integrated Wealth Concepts LLC trimmed | 5,490 | $275K | 0.1% | 2025-Q1 stale |
| Global Retirement Partners, LLC trimmed | 5,048 | $251K | 0.0% | 2025-Q4 stale |
| Vantage Financial Partners, LLC trimmed | 4,902 | $248K | 0.0% | 2025-Q3 stale |
| Concurrent Investment Advisors, LLC new | 4,654 | $233K | 0.0% | 2025-Q1 stale |
| STIFEL FINANCIAL CORP trimmed | 4,374 | $219K | 0.0% | 2025-Q1 stale |
| OLD MISSION CAPITAL LLC trimmed | 4,348 | $217K | 0.0% | 2025-Q1 stale |
| Visionary Horizons, LLC trimmed | 4,258 | $210K | 0.0% | 2025-Q2 stale |
| Signal Advisors Wealth, LLC trimmed | 3,979 | $201K | 0.0% | 2025-Q3 stale |
| Advisors Asset Management, Inc. trimmed | 3,499 | $174K | 0.0% | 2025-Q4 stale |
| COMERICA BANK | 3,293 | $164K | 0.0% | 2025-Q4 stale |
| Park Place Capital Corp trimmed | 2,030 | $102K | 0.0% | 2025-Q3 stale |
| HARBOUR INVESTMENTS, INC. | 2,020 | $101K | 0.0% | 2025-Q1 stale |
| PRINCIPAL SECURITIES, INC. trimmed | 1,408 | $71K | 0.0% | 2025-Q3 stale |
| Parkside Financial Bank & Trust trimmed | 1,311 | $65K | 0.0% | 2025-Q2 stale |
| Capital A Wealth Management, LLC added | 1,140 | $60K | 0.0% | 2025-Q2 stale |
| Federation des caisses Desjardins du Quebec new | 600 | $30K | 0.0% | 2025-Q2 stale |
| McIlrath & Eck, LLC added | 421 | $21K | 0.0% | 2025-Q4 stale |
| Larson Financial Group LLC new | 411 | $21K | 0.0% | 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.