Who owns 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-Q2 13F filings (latest filed 2026-08-17). 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
18 tracked funds added or opened ILTB while 11 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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 2026-Q1 and 2026-Q2, across 87 tracked filers holding ILTB, 47 increased or opened the position and 41 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 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 7
- GOLDMAN SACHS GROUP INC$12M
- HighPoint Advisor Group LLC$7M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Veratis Advisors, Inc.$1M
- J.W. COLE ADVISORS, INC.$756K
- Level Financial Advisors$739K
Full exits 4
- Focus Financial Network, Inc.$12M
- CITADEL ADVISORS LLC$2M
- Thrivent Financial for Lutherans$1M
- Betterment LLC$1M
Largest adds
- BANK OF AMERICA CORP /DE/$15M
- Arkadios Wealth Advisors$8M
- AE Wealth Management LLC$7M
- RETIREMITTEN FINANCIAL LLC$1M
- JANE STREET GROUP, LLC$1M
- BlackRock, Inc.$640K
Largest trims
- AMERIPRISE FINANCIAL INC$15M
- TOUNJIAN ADVISORY PARTNERS, LLC$2M
- Verde Capital Management$919K
- WELLS FARGO & COMPANY/MN$904K
- Elevated Capital Advisors, LLC$712K
- LPL Financial LLC$442K
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 | 2,464,429 | $121M | 22.5% | 2026-Q2 |
| AE Wealth Management LLC added | 1,443,080 | $71M | 13.2% | 2026-Q2 |
| RETIREMITTEN FINANCIAL LLC added | 280,658 | $14M | 2.6% | 2026-Q2 |
| Arkadios Wealth Advisors added | 247,673 | $12M | 2.3% | 2026-Q2 |
| Cedar Mountain Advisors, LLC added | 245,120 | $12M | 2.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 242,710 | $12M | 2.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 230,132 | $11M | 2.1% | 2026-Q2 |
| BlackRock, Inc. added | 217,279 | $11M | 2.0% | 2026-Q2 |
| UBS Group AG added | 171,293 | $8M | 1.6% | 2026-Q2 |
| Verde Capital Management trimmed | 154,947 | $8M | 1.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 151,963 | $7M | 1.4% | 2026-Q2 |
| HighPoint Advisor Group LLC new | 149,612 | $7M | 1.4% | 2026-Q2 |
| MORGAN STANLEY added | 126,550 | $6M | 1.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 123,830 | $6M | 1.1% | 2026-Q2 |
| ETF Portfolio Partners, Inc. added | 110,478 | $5M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 88,620 | $4M | 0.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 85,430 | $4M | 0.8% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 77,588 | $4M | 0.7% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 75,082 | $4M | 0.7% | 2026-Q2 |
| SCHMIDT P J INVESTMENT MANAGEMENT INC added | 68,757 | $3M | 0.6% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH | 68,357 | $3M | 0.6% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 66,413 | $3M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 50,619 | $2M | 0.5% | 2026-Q2 |
| Independent Wealth Network Inc. added | 47,187 | $2M | 0.4% | 2026-Q2 |
| Sound Income Strategies, LLC added | 46,637 | $2M | 0.4% | 2026-Q2 |
| Wealthfront Advisers LLC trimmed | 44,692 | $2M | 0.4% | 2026-Q2 |
| Equitable Holdings, Inc. added | 43,691 | $2M | 0.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 39,869 | $2M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 37,031 | $2M | 0.3% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 33,228 | $2M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 31,747 | $2M | 0.3% | 2026-Q2 |
| Goldstone Financial Group, LLC trimmed | 29,671 | $1M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 23,084 | $1M | 0.2% | 2026-Q2 |
| Veratis Advisors, Inc. added | 22,756 | $1M | 0.2% | 2026-Q2 |
| Cresta Advisors, Ltd. | 22,570 | $1M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 21,505 | $1M | 0.2% | 2026-Q2 |
| Summit Wealth Partners, LLC trimmed | 15,810 | $779K | 0.1% | 2026-Q2 |
| VestGen Advisors, LLC added | 15,442 | $761K | 0.1% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 15,356 | $756K | 0.1% | 2026-Q2 |
| Level Financial Advisors new | 15,014 | $739K | 0.1% | 2026-Q2 |
| Safeguard Investment Advisory Group, LLC trimmed | 14,303 | $704K | 0.1% | 2026-Q2 |
| ZENITH SOLUTIONS, INC. new | 12,939 | $637K | 0.1% | 2026-Q2 |
| Latitude Advisors, LLC | 10,150 | $500K | 0.1% | 2026-Q2 |
| GWN SECURITIES INC. added | 9,513 | $469K | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 9,204 | $453K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 9,171 | $452K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 8,317 | $410K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 8,473 | $409K | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 7,007 | $345K | 0.1% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 6,537 | $322K | 0.1% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC added | 6,414 | $316K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC trimmed | 5,104 | $251K | 0.0% | 2026-Q2 |
| PLANWISER FINANCIAL, LLC trimmed | 4,839 | $238K | 0.0% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 4,701 | $232K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 4,601 | $225K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 4,295 | $212K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 3,293 | $162K | 0.0% | 2026-Q2 |
| CITIGROUP INC added | 3,166 | $156K | 0.0% | 2026-Q2 |
| PlanVest Financial, Inc trimmed | 2,362 | $116K | 0.0% | 2026-Q2 |
| FINANCIAL CONSULATE, INC trimmed | 1,669 | $82K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ | 1,220 | $60K | 0.0% | 2026-Q2 |
| Decker Retirement Planning Inc. | 1,133 | $56K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 1,043 | $51K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 766 | $38K | 0.0% | 2026-Q2 |
| SHP Wealth Management trimmed | 745 | $37K | 0.0% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. added | 530 | $26K | 0.0% | 2026-Q2 |
| Guardian Partners Inc. new | 280 | $14K | 0.0% | 2026-Q2 |
| Continuum Advisory, LLC added | 272 | $13K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 250 | $12K | 0.0% | 2026-Q2 |
| Rossby Financial, LCC | 208 | $10K | 0.0% | 2026-Q2 |
| Crews Bank & Trust | 193 | $10K | 0.0% | 2026-Q2 |
| Arax Advisory Partners new | 174 | $9K | 0.0% | 2026-Q2 |
| Oakmont Advisory Group, LLC new | 78 | $4K | 0.0% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 76 | $4K | 0.0% | 2026-Q2 |
| Qube Research & Technologies Ltd | 46 | $2K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC | 33 | $2K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 16 | $789 | 0.0% | 2026-Q2 |
| Spurstone Advisory Services, LLC | 14 | $684 | 0.0% | 2026-Q2 |
| Bogart Wealth, LLC | 12 | $591 | 0.0% | 2026-Q2 |
| Luminist Capital LLC new | 0 | $345 | 0.0% | 2026-Q2 |
| Cape Investment Advisory, Inc. | 6 | $317 | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 3 | $148 | 0.0% | 2026-Q2 |
| Godfrey Financial Associates, Inc. | 1 | $51 | 0.0% | 2026-Q2 |
| Quent Capital, LLC | 1 | $49 | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC added | 1 | $40 | 0.0% | 2026-Q2 |
| BLUELINE ADVISORS LLC new | 1 | $28 | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. trimmed | 0 | $9 | 0.0% | 2026-Q2 |
| Focus Financial Network, Inc. added | 254,176 | $12M | 2.3% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 38,905 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Thrivent Financial for Lutherans added | 30,439 | $1M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Betterment LLC added | 25,422 | $1M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 9,907 | $485K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Triad Wealth Partners, LLC new | 7,074 | $346K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Crescent Grove Advisors, LLC | 6,765 | $331K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 4,724,569 | $140M | 25.9% | 2025-Q4 stale (2 quarters behind) |
| Mach-1 Financial Group, LLC added | 35,080 | $2M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| TRUIST FINANCIAL CORP new | 32,205 | $2M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Envestnet Portfolio Solutions, Inc. added | 9,232 | $459K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Peak Financial Management, Inc. trimmed | 52,564 | $3M | 0.5% | 2025-Q2 stale (4 quarters behind) |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 28,289 | $1M | 0.3% | 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.