Who owns INDV (INDV)
Which tracked institutional funds hold INDV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See INDV 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
80 tracked funds added or opened INDV while 112 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
INDV’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 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes INDV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in INDV 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 291 tracked filers holding INDV, 182 increased or opened the position and 138 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 INDV 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 43
- VANGUARD PORTFOLIO MANAGEMENT LLC$241M
- VANGUARD CAPITAL MANAGEMENT LLC$170M
- VANGUARD FIDUCIARY TRUST CO$26M
- BNP PARIBAS FINANCIAL MARKETS$25M
- Claret Asset Management Corp$22M
- Melqart Asset Management (UK) Ltd$21M
Full exits 28
- VANGUARD GROUP INC$190M
- GOLDENTREE ASSET MANAGEMENT LP$44M
- SOROS FUND MANAGEMENT LLC$41M
- VICTORY CAPITAL MANAGEMENT INC$28M
- MARSHALL WACE, LLP$23M
- NOMURA HOLDINGS INC$9M
Largest adds
- MILLENNIUM MANAGEMENT LLC$56M
- UBS Group AG$39M
- Soleus Capital Management, L.P.$35M
- Invesco Ltd.$34M
- FEDERATED HERMES, INC.$13M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$10M
Largest trims
- BlackRock, Inc.$246M
- Madison Avenue Partners, LP$94M
- FULLER & THALER ASSET MANAGEMENT, INC.$91M
- Divisadero Street Capital Management, LP$84M
- ACADIAN ASSET MANAGEMENT LLC$67M
- Point72 Asset Management, L.P.$62M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 13,392,418 | $408M | 10.1% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,891,819 | $241M | 5.9% | 2026-Q1 |
| OAKTREE CAPITAL MANAGEMENT LP trimmed | 6,984,102 | $213M | 5.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 5,586,576 | $170M | 4.2% | 2026-Q1 |
| STATE STREET CORP added | 4,903,993 | $149M | 3.7% | 2026-Q1 |
| Two Seas Capital LP trimmed | 4,746,510 | $145M | 3.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 4,595,535 | $140M | 3.5% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 4,529,583 | $138M | 3.4% | 2026-Q1 |
| Madison Avenue Partners, LP trimmed | 4,315,162 | $132M | 3.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 3,574,044 | $109M | 2.7% | 2026-Q1 |
| MORGAN STANLEY trimmed | 3,505,817 | $107M | 2.6% | 2026-Q1 |
| DEERFIELD MANAGEMENT COMPANY, L.P. trimmed | 3,097,790 | $94M | 2.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,925,688 | $89M | 2.2% | 2026-Q1 |
| MANGROVE PARTNERS IM, LLC trimmed | 2,742,434 | $84M | 2.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,409,165 | $73M | 1.8% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 2,323,264 | $71M | 1.8% | 2026-Q1 |
| UBS Group AG added | 2,192,264 | $67M | 1.7% | 2026-Q1 |
| Newtyn Management, LLC trimmed | 2,000,000 | $61M | 1.5% | 2026-Q1 |
| Driehaus Capital Management LLC trimmed | 1,880,039 | $57M | 1.4% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 1,835,100 | $56M | 1.4% | 2026-Q1 |
| BARCLAYS PLC trimmed | 1,745,751 | $53M | 1.3% | 2026-Q1 |
| Invesco Ltd. added | 1,449,901 | $44M | 1.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 1,391,612 | $42M | 1.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,332,128 | $41M | 1.0% | 2026-Q1 |
| Soleus Capital Management, L.P. added | 1,274,000 | $39M | 1.0% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 1,217,721 | $37M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,161,403 | $35M | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,141,885 | $35M | 0.9% | 2026-Q1 |
| GENDELL JEFFREY L | 1,096,343 | $33M | 0.8% | 2026-Q1 |
| Nuveen, LLC trimmed | 930,911 | $28M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 858,176 | $26M | 0.6% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS new | 828,891 | $25M | 0.6% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 767,378 | $23M | 0.6% | 2026-Q1 |
| Claret Asset Management Corp trimmed | 707,267 | $22M | 0.5% | 2026-Q1 |
| Melqart Asset Management (UK) Ltd added | 684,320 | $21M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 682,777 | $21M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 667,132 | $20M | 0.5% | 2026-Q1 |
| Rubric Capital Management LP added | 662,515 | $20M | 0.5% | 2026-Q1 |
| OBERWEIS ASSET MANAGEMENT INC/ added | 653,413 | $20M | 0.5% | 2026-Q1 |
| PFM Health Sciences, LP added | 574,666 | $18M | 0.4% | 2026-Q1 |
| FMR LLC added | 527,094 | $16M | 0.4% | 2026-Q1 |
| Divisadero Street Capital Management, LP trimmed | 521,083 | $16M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 539,863 | $16M | 0.4% | 2026-Q1 |
| Jefferies Financial Group Inc. added | 507,909 | $15M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 446,636 | $14M | 0.3% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 429,363 | $13M | 0.3% | 2026-Q1 |
| Alta Fundamental Advisers LLC | 409,529 | $12M | 0.3% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 373,734 | $11M | 0.3% | 2026-Q1 |
| Hudson Bay Capital Management LP added | 364,212 | $11M | 0.3% | 2026-Q1 |
| Krensavage Asset Management, LLC | 339,532 | $10M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 333,331 | $10M | 0.3% | 2026-Q1 |
| Hennion & Walsh Asset Management, Inc. added | 330,691 | $10M | 0.2% | 2026-Q1 |
| DANSKE BANK A/S new | 322,523 | $10M | 0.2% | 2026-Q1 |
| Man Group plc added | 316,592 | $10M | 0.2% | 2026-Q1 |
| OP Asset Management Ltd added | 267,530 | $9M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 303,447 | $9M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 291,344 | $9M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 290,839 | $9M | 0.2% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 286,100 | $9M | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 273,434 | $8M | 0.2% | 2026-Q1 |
| Weiss Asset Management LP added | 259,129 | $8M | 0.2% | 2026-Q1 |
| Pictet Asset Management Holding SA added | 261,381 | $8M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 239,463 | $7M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 214,080 | $7M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 210,031 | $6M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 206,879 | $6M | 0.2% | 2026-Q1 |
| WINTON GROUP Ltd added | 204,776 | $6M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 203,985 | $6M | 0.2% | 2026-Q1 |
| Rock Springs Capital Management LP added | 200,000 | $6M | 0.2% | 2026-Q1 |
| RIPOSTE CAPITAL LLC new | 200,000 | $6M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 175,767 | $5M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 171,475 | $5M | 0.1% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 168,587 | $5M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 164,214 | $5M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 160,097 | $5M | 0.1% | 2026-Q1 |
| PDT Partners, LLC | 142,792 | $4M | 0.1% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 142,029 | $4M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 141,600 | $4M | 0.1% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P added | 139,110 | $4M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 138,950 | $4M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH new | 136,257 | $4M | 0.1% | 2026-Q1 |
| NAVELLIER & ASSOCIATES INC added | 134,108 | $4M | 0.1% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. added | 128,940 | $4M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 5,308,341 | $190M | 4.7% | 2025-Q4 stale |
| GOLDENTREE ASSET MANAGEMENT LP trimmed | 1,241,482 | $44M | 1.1% | 2025-Q4 stale |
| SOROS FUND MANAGEMENT LLC trimmed | 1,154,452 | $41M | 1.0% | 2025-Q4 stale |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 1,389,289 | $33M | 0.8% | 2025-Q3 stale |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 784,085 | $28M | 0.7% | 2025-Q4 stale |
| SCOPIA CAPITAL MANAGEMENT LP trimmed | 1,654,855 | $24M | 0.6% | 2025-Q2 stale |
| MARSHALL WACE, LLP trimmed | 647,555 | $23M | 0.6% | 2025-Q4 stale |
| NORGES BANK trimmed | 2,196,814 | $22M | 0.5% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 678,727 | $16M | 0.4% | 2025-Q3 stale |
| ARDSLEY ADVISORY PARTNERS LP added | 725,000 | $11M | 0.3% | 2025-Q2 stale |
| Pacer Advisors, Inc. new | 376,840 | $9M | 0.2% | 2025-Q3 stale |
| NOMURA HOLDINGS INC added | 249,675 | $9M | 0.2% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 355,245 | $9M | 0.2% | 2025-Q3 stale |
| Woodline Partners LP new | 265,998 | $6M | 0.2% | 2025-Q3 stale |
| VR Advisory Services Ltd trimmed | 199,997 | $5M | 0.1% | 2025-Q3 stale |
| Verition Fund Management LLC trimmed | 118,009 | $4M | 0.1% | 2025-Q4 stale |
| Fund 1 Investments, LLC trimmed | 427,439 | $4M | 0.1% | 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.
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.