Who owns INDA
Which tracked institutional funds hold INDA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See INDA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
119 tracked funds added or opened INDA while 125 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
INDA’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes INDA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in INDA 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 504 tracked filers holding INDA, 189 increased or opened the position and 316 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 INDA 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 26
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$190M
- DARK FOREST CAPITAL MANAGEMENT LP$17M
- DV EQUITIES, LLC$16M
- Shah Wealth Advisors, LLC$13M
- WESTWOOD HOLDINGS GROUP INC$12M
- BALYASNY ASSET MANAGEMENT L.P.$10M
Full exits 56
- ACADIAN ASSET MANAGEMENT LLC$51M
- Amundi$47M
- D. E. Shaw & Co., Inc.$36M
- MARSHALL WACE, LLP$32M
- Driehaus Capital Management LLC$25M
- SG Americas Securities, LLC$24M
Largest adds
- Union Bancaire Privee, UBP SA$561M
- BlackRock, Inc.$189M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$119M
- GOLDMAN SACHS GROUP INC$105M
- Varma Mutual Pension Insurance Co$61M
- WELLINGTON MANAGEMENT GROUP LLP$50M
Largest trims
- JPMORGAN CHASE & CO$80M
- State of Tennessee, Department of Treasury$71M
- FMR LLC$52M
- MORGAN STANLEY$51M
- FRANKLIN RESOURCES INC$38M
- Phoenix Financial Ltd.$35M
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 |
|---|---|---|---|---|
| BlackRock, Inc. added | 18,374,903 | $908M | 13.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 7,167,564 | $354M | 5.3% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 6,945,050 | $343M | 5.1% | 2026-Q2 |
| State of New Jersey Common Pension Fund D | 5,656,487 | $279M | 4.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 5,009,874 | $247M | 3.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 4,754,299 | $235M | 3.5% | 2026-Q2 |
| Man Group plc added | 3,928,010 | $194M | 2.9% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 3,850,373 | $190M | 2.9% | 2026-Q2 |
| UBS Group AG added | 3,448,047 | $170M | 2.6% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 3,343,452 | $164M | 2.5% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 2,994,278 | $148M | 2.2% | 2026-Q2 |
| Millburn Ridgefield LLC /DE/ trimmed | 2,792,452 | $138M | 2.1% | 2026-Q2 |
| Catalyst Capital Advisors LLC trimmed | 2,792,452 | $138M | 2.1% | 2026-Q2 |
| Legal & General Group Plc | 2,616,739 | $129M | 1.9% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 2,530,897 | $119M | 1.8% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 2,521,129 | $125M | 1.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,152,526 | $106M | 1.6% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 2,120,572 | $104M | 1.6% | 2026-Q2 |
| IFM Investors Pty Ltd trimmed | 1,913,759 | $95M | 1.4% | 2026-Q2 |
| Varma Mutual Pension Insurance Co added | 1,804,110 | $89M | 1.3% | 2026-Q2 |
| Blackstone Inc. added | 1,784,433 | $88M | 1.3% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,680,132 | $83M | 1.2% | 2026-Q2 |
| Nipun Capital, L.P. trimmed | 1,663,155 | $82M | 1.2% | 2026-Q2 |
| STATE STREET CORP added | 1,550,158 | $77M | 1.1% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 1,466,225 | $72M | 1.1% | 2026-Q2 |
| Ensign Peak Advisors, Inc trimmed | 1,392,308 | $69M | 1.0% | 2026-Q2 |
| BARCLAYS PLC added | 1,234,176 | $61M | 0.9% | 2026-Q2 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. added | 1,171,427 | $58M | 0.9% | 2026-Q2 |
| Phoenix Financial Ltd. trimmed | 1,093,484 | $54M | 0.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,062,487 | $52M | 0.8% | 2026-Q2 |
| Invesco Ltd. added | 969,420 | $48M | 0.7% | 2026-Q2 |
| FMR LLC trimmed | 875,065 | $43M | 0.6% | 2026-Q2 |
| SEI INVESTMENTS CO added | 808,775 | $40M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 746,723 | $37M | 0.6% | 2026-Q2 |
| Rafferty Asset Management, LLC | 726,200 | $36M | 0.5% | 2026-Q2 |
| Ninety One North America, Inc. trimmed | 682,580 | $34M | 0.5% | 2026-Q2 |
| AXIOM INVESTORS LLC /DE added | 665,600 | $33M | 0.5% | 2026-Q2 |
| LPL Financial LLC trimmed | 662,819 | $33M | 0.5% | 2026-Q2 |
| CAUSEWAY CAPITAL MANAGEMENT LLC added | 628,500 | $31M | 0.5% | 2026-Q2 |
| Korea Investment CORP added | 514,724 | $25M | 0.4% | 2026-Q2 |
| Jordan Park Group LLC trimmed | 505,829 | $25M | 0.4% | 2026-Q2 |
| DRW Securities, LLC added | 499,079 | $25M | 0.4% | 2026-Q2 |
| Rice Partnership, LLC trimmed | 493,285 | $24M | 0.4% | 2026-Q2 |
| YOUSIF CAPITAL MANAGEMENT, LLC trimmed | 470,872 | $23M | 0.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 460,086 | $23M | 0.3% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 458,183 | $23M | 0.3% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 445,168 | $22M | 0.3% | 2026-Q2 |
| STRS OHIO added | 441,698 | $22M | 0.3% | 2026-Q2 |
| CITIGROUP INC trimmed | 417,633 | $21M | 0.3% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 388,202 | $19M | 0.3% | 2026-Q2 |
| Gray Foundation trimmed | 383,911 | $19M | 0.3% | 2026-Q2 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 381,159 | $19M | 0.3% | 2026-Q2 |
| Qtron Investments LLC trimmed | 373,096 | $18M | 0.3% | 2026-Q2 |
| Euclidean Capital LLC | 369,600 | $18M | 0.3% | 2026-Q2 |
| Bank Julius Baer & Co. Ltd, Zurich trimmed | 363,087 | $18M | 0.3% | 2026-Q2 |
| Lido Advisors, LLC added | 356,624 | $18M | 0.3% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 352,969 | $17M | 0.3% | 2026-Q2 |
| DARK FOREST CAPITAL MANAGEMENT LP added | 342,603 | $17M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 339,700 | $17M | 0.3% | 2026-Q2 |
| DV EQUITIES, LLC added | 326,711 | $16M | 0.2% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 310,900 | $15M | 0.2% | 2026-Q2 |
| M&T Bank Corp trimmed | 308,968 | $15M | 0.2% | 2026-Q2 |
| AIA Group Ltd added | 296,835 | $15M | 0.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 284,880 | $14M | 0.2% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 284,733 | $14M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 282,558 | $14M | 0.2% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC | 276,143 | $14M | 0.2% | 2026-Q2 |
| Shah Wealth Advisors, LLC new | 271,062 | $13M | 0.2% | 2026-Q2 |
| Ninety One UK Ltd added | 246,442 | $12M | 0.2% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 244,095 | $12M | 0.2% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC new | 243,577 | $12M | 0.2% | 2026-Q2 |
| North of South Capital LLP | 220,987 | $11M | 0.2% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. new | 202,389 | $10M | 0.1% | 2026-Q2 |
| MKP Capital Management, L.L.C. new | 202,000 | $10M | 0.1% | 2026-Q2 |
| DUMAC, INC. | 201,973 | $10M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 198,301 | $10M | 0.1% | 2026-Q2 |
| Artisan Partners Limited Partnership added | 194,922 | $10M | 0.1% | 2026-Q2 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC added | 192,939 | $10M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 191,530 | $9M | 0.1% | 2026-Q2 |
| Randolph Co Inc trimmed | 175,368 | $9M | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd trimmed | 169,830 | $8M | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 169,774 | $8M | 0.1% | 2026-Q2 |
| Royal Fund Management, LLC added | 167,579 | $8M | 0.1% | 2026-Q2 |
| ALTFEST L J & CO INC added | 165,943 | $8M | 0.1% | 2026-Q2 |
| SPINNAKER TRUST trimmed | 163,131 | $8M | 0.1% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC added | 161,418 | $8M | 0.1% | 2026-Q2 |
| Aspen Grove Capital, LLC | 159,411 | $8M | 0.1% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 159,230 | $8M | 0.1% | 2026-Q2 |
| Cornerstone Capital, Inc. trimmed | 153,870 | $8M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC added | 150,152 | $7M | 0.1% | 2026-Q2 |
| BEARING POINT CAPITAL, LLC trimmed | 133,409 | $7M | 0.1% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 133,209 | $7M | 0.1% | 2026-Q2 |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD added | 130,824 | $6M | 0.1% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC added | 129,624 | $6M | 0.1% | 2026-Q2 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. added | 128,918 | $6M | 0.1% | 2026-Q2 |
| Harding Loevner LP trimmed | 128,425 | $6M | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 125,829 | $6M | 0.1% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 125,219 | $6M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 124,294 | $6M | 0.1% | 2026-Q2 |
| Union Bancaire Privee, UBP SA trimmed | 87,125 | $562M | 8.4% | 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.