Who owns INCM
Which tracked institutional funds hold INCM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See INCM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-26). 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 INCM is one-sided between 2026-Q1 and 2026-Q2: 42 added or opened and 10 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
INCM’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in INCM 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 117 tracked filers holding INCM, 90 increased or opened the position and 35 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 INCM 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 8
- NewEdge Advisors, LLC$3M
- Vienna Asset Management LLC$1M
- Envestnet Portfolio Solutions, Inc.$1M
- Kingsview Wealth Management, LLC$1M
- Global Retirement Partners, LLC$929K
- Ameritas Advisory Services, LLC$579K
Full exits 7
- CWM, LLC$11M
- Janney Montgomery Scott LLC$4M
- Cambridge Investment Research Advisors, Inc.$3M
- Elequin Capital, LP$2M
- Capital Analysts, LLC$2M
- Independent Advisor Alliance$663K
Largest adds
- LPL Financial LLC$41M
- WELLS FARGO & COMPANY/MN$12M
- MORGAN STANLEY$10M
- Larson Financial Group LLC$8M
- HARBOUR INVESTMENTS, INC.$8M
- ROYAL BANK OF CANADA$6M
Largest trims
- Gateway Wealth Partners, LLC$2M
- JANE STREET GROUP, LLC$703K
- Mariner, LLC$603K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC added | 6,291,989 | $182M | 21.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,674,253 | $77M | 9.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,532,563 | $73M | 8.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,761,130 | $51M | 6.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,733,867 | $50M | 6.0% | 2026-Q2 |
| MORGAN STANLEY added | 1,573,628 | $45M | 5.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,452,297 | $42M | 5.0% | 2026-Q2 |
| Summit Investment Advisory Services, LLC added | 1,105,667 | $32M | 3.8% | 2026-Q2 |
| Larson Financial Group LLC added | 1,074,484 | $31M | 3.7% | 2026-Q2 |
| Cetera Investment Advisers added | 723,833 | $21M | 2.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 639,048 | $18M | 2.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 625,441 | $18M | 2.2% | 2026-Q2 |
| Next Level Private LLC added | 439,360 | $13M | 1.5% | 2026-Q2 |
| Sowell Financial Services LLC added | 425,647 | $12M | 1.5% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 392,293 | $11M | 1.4% | 2026-Q2 |
| Base Wealth Management LLC added | 356,455 | $10M | 1.2% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 322,675 | $9M | 1.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 319,480 | $9M | 1.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 305,934 | $9M | 1.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 285,802 | $8M | 1.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 181,408 | $5M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 171,518 | $5M | 0.6% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 165,320 | $5M | 0.6% | 2026-Q2 |
| Intrua Financial, LLC added | 160,362 | $5M | 0.6% | 2026-Q2 |
| DAVENPORT & Co LLC added | 157,925 | $5M | 0.5% | 2026-Q2 |
| SMITH, MOORE & CO. trimmed | 139,230 | $4M | 0.5% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 138,194 | $4M | 0.5% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 133,379 | $4M | 0.5% | 2026-Q2 |
| Tulsa Wealth Advisors, INC trimmed | 132,531 | $4M | 0.5% | 2026-Q2 |
| KENNEDY INVESTMENT GROUP, INC. added | 120,396 | $3M | 0.4% | 2026-Q2 |
| NewEdge Advisors, LLC added | 116,926 | $3M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 111,839 | $3M | 0.4% | 2026-Q2 |
| RICHARDS, MERRILL & PETERSON, INC. added | 110,145 | $3M | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC added | 99,935 | $3M | 0.3% | 2026-Q2 |
| LVZ, Inc. added | 95,599 | $3M | 0.3% | 2026-Q2 |
| Pinnacle Financial Group, LLC / IL added | 87,828 | $3M | 0.3% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 86,837 | $3M | 0.3% | 2026-Q2 |
| Spartan Wealth Advisory Services LLC added | 70,700 | $2M | 0.2% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 69,694 | $2M | 0.2% | 2026-Q2 |
| Advisory Services Network, LLC added | 69,498 | $2M | 0.2% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 63,623 | $2M | 0.2% | 2026-Q2 |
| Brookstone Capital Management added | 62,293 | $2M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors added | 62,192 | $2M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 58,719 | $2M | 0.2% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 51,684 | $1M | 0.2% | 2026-Q2 |
| World Investment Advisors added | 51,403 | $1M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 42,856 | $1M | 0.1% | 2026-Q2 |
| Secure Asset Management, LLC added | 41,563 | $1M | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 40,920 | $1M | 0.1% | 2026-Q2 |
| Vienna Asset Management LLC new | 38,458 | $1M | 0.1% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. new | 38,152 | $1M | 0.1% | 2026-Q2 |
| Kingsview Wealth Management, LLC new | 38,126 | $1M | 0.1% | 2026-Q2 |
| Arrowroot Family Office, LLC trimmed | 37,543 | $1M | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 37,418 | $1M | 0.1% | 2026-Q2 |
| CARLSON FINANCIAL, INC. added | 36,705 | $1M | 0.1% | 2026-Q2 |
| Prospera Financial Services Inc added | 36,447 | $1M | 0.1% | 2026-Q2 |
| Innovative Wealth Building LLC added | 32,773 | $946K | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 32,200 | $929K | 0.1% | 2026-Q2 |
| Jacobi Capital Management LLC added | 30,681 | $885K | 0.1% | 2026-Q2 |
| OLD MISSION CAPITAL LLC | 29,914 | $863K | 0.1% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 26,343 | $760K | 0.1% | 2026-Q2 |
| VERUS CAPITAL PARTNERS, LLC trimmed | 26,222 | $757K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 26,084 | $760K | 0.1% | 2026-Q2 |
| XML Financial, LLC trimmed | 25,865 | $746K | 0.1% | 2026-Q2 |
| Visionary Wealth Advisors added | 25,559 | $738K | 0.1% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC added | 25,475 | $735K | 0.1% | 2026-Q2 |
| PFG Advisors added | 21,913 | $632K | 0.1% | 2026-Q2 |
| Plus Group Wealth Advisors LLC added | 20,516 | $592K | 0.1% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 20,051 | $579K | 0.1% | 2026-Q2 |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. added | 19,664 | $567K | 0.1% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. new | 19,387 | $559K | 0.1% | 2026-Q2 |
| Perigon Wealth Management, LLC trimmed | 18,725 | $540K | 0.1% | 2026-Q2 |
| PRIVATE TRUST CO NA added | 18,330 | $529K | 0.1% | 2026-Q2 |
| CITIGROUP INC new | 18,282 | $528K | 0.1% | 2026-Q2 |
| Asset Allocation Strategies LLC added | 17,008 | $491K | 0.1% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 16,269 | $469K | 0.1% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 15,640 | $451K | 0.1% | 2026-Q2 |
| C2C Wealth Management, LLC added | 15,500 | $447K | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 15,184 | $438K | 0.1% | 2026-Q2 |
| Allworth Financial LP | 14,861 | $429K | 0.1% | 2026-Q2 |
| Bill Few Associates, Inc. trimmed | 14,273 | $412K | 0.0% | 2026-Q2 |
| Principia Wealth Advisory, LLC trimmed | 12,715 | $367K | 0.0% | 2026-Q2 |
| Atria Investments, Inc added | 12,666 | $365K | 0.0% | 2026-Q2 |
| Sigma Planning Corp added | 11,555 | $334K | 0.0% | 2026-Q2 |
| KWB Wealth new | 11,253 | $325K | 0.0% | 2026-Q2 |
| Koshinski Asset Management, Inc. trimmed | 10,841 | $313K | 0.0% | 2026-Q2 |
| Demars Financial Group, LLC new | 10,596 | $306K | 0.0% | 2026-Q2 |
| Mariner, LLC trimmed | 10,500 | $303K | 0.0% | 2026-Q2 |
| Arete Wealth Advisors, LLC new | 10,207 | $295K | 0.0% | 2026-Q2 |
| Cornerstone Wealth Management, LLC | 9,865 | $285K | 0.0% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 9,488 | $274K | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 9,060 | $261K | 0.0% | 2026-Q2 |
| AVAII WEALTH MANAGEMENT, LLC added | 8,713 | $251K | 0.0% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS new | 8,702 | $251K | 0.0% | 2026-Q2 |
| Savvy Advisors, Inc. added | 7,996 | $231K | 0.0% | 2026-Q2 |
| Beckerman Institutional, LLC new | 7,807 | $225K | 0.0% | 2026-Q2 |
| ARRIEN INVESTMENTS, INC. new | 7,791 | $225K | 0.0% | 2026-Q2 |
| Prosperity Financial Group, Inc. added | 7,665 | $221K | 0.0% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. new | 7,475 | $218K | 0.0% | 2026-Q2 |
| Western Wealth Management, LLC added | 7,198 | $208K | 0.0% | 2026-Q2 |
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.