Who owns IPFXU
Which tracked institutional funds hold IPFXU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IPFXU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
25 tracked funds added or opened IPFXU while 25 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
IPFXU’s largest tracked holder by dollar value, MMCAP International Inc. SPC, sizes it at 1.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IPFXU 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 60 tracked filers holding IPFXU, 25 increased or opened the position and 38 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 IPFXU 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 9
- LMR Partners LLP$19M
- Sculptor Capital LP$3M
- Centiva Capital, LP$2M
- Brevan Howard Capital Management LP$1M
- Shay Capital LLC$1M
- Cannon Global Investment Management, LLC$791K
Full exits 6
- METEORA CAPITAL, LLC$3M
- Mint Tower Capital Management B.V.$2M
- HEIGHTS CAPITAL MANAGEMENT, INC$2M
- JANE STREET GROUP, LLC$762K
- PICTON MAHONEY ASSET MANAGEMENT$506K
- BlueCrest Capital Management Ltd$506K
Largest adds
- MMCAP International Inc. SPC$6M
- ARISTEIA CAPITAL, L.L.C.$5M
- First Trust Capital Management L.P.$3M
- Linden Advisors LP$2M
- COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS$2M
- Polar Asset Management Partners Inc.$1M
Largest trims
- HGC Investment Management Inc.$9M
- Ghisallo Capital Management LLC$8M
- Hudson Bay Capital Management LP$6M
- MILLENNIUM MANAGEMENT LLC$4M
- ADAGE CAPITAL PARTNERS GP, L.L.C.$4M
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$3M
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 |
|---|---|---|---|---|
| MMCAP International Inc. SPC added | 1,931,762 | $20M | 9.4% | 2026-Q2 |
| LMR Partners LLP new | 1,700,000 | $18M | 8.3% | 2026-Q2 |
| Linden Advisors LP | 1,500,000 | $16M | 7.3% | 2026-Q2 |
| Polar Asset Management Partners Inc. | 1,500,000 | $15M | 7.3% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. added | 1,225,573 | $13M | 6.0% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 1,075,000 | $11M | 5.2% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 1,066,678 | $11M | 5.2% | 2026-Q2 |
| Magnetar Financial LLC trimmed | 740,000 | $8M | 3.6% | 2026-Q2 |
| Ghisallo Capital Management LLC trimmed | 671,007 | $7M | 3.3% | 2026-Q2 |
| Alyeska Investment Group, L.P. | 500,000 | $5M | 2.6% | 2026-Q2 |
| AQR Arbitrage LLC trimmed | 522,380 | $5M | 2.5% | 2026-Q2 |
| Alberta Investment Management Corp | 500,000 | $5M | 2.4% | 2026-Q2 |
| Saba Capital Management, L.P. trimmed | 442,780 | $5M | 2.2% | 2026-Q2 |
| First Trust Capital Management L.P. added | 419,171 | $4M | 2.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 415,687 | $4M | 2.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 398,750 | $4M | 1.9% | 2026-Q2 |
| Jain Global LLC trimmed | 365,238 | $4M | 1.8% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 358,333 | $4M | 1.7% | 2026-Q2 |
| CSS LLC/IL trimmed | 355,646 | $4M | 1.7% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 338,596 | $4M | 1.6% | 2026-Q2 |
| DLD Asset Management, LP | 300,000 | $3M | 1.5% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. added | 271,366 | $3M | 1.3% | 2026-Q2 |
| Sculptor Capital LP new | 245,838 | $3M | 1.2% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS added | 239,899 | $2M | 1.2% | 2026-Q2 |
| Lineage Point Capital LP added | 238,973 | $2M | 1.2% | 2026-Q2 |
| Context Capital Management, LLC | 200,000 | $2M | 1.0% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 174,276 | $2M | 0.8% | 2026-Q2 |
| Radcliffe Capital Management, L.P. added | 166,990 | $2M | 0.8% | 2026-Q2 |
| Shaolin Capital Management LLC trimmed | 152,796 | $2M | 0.7% | 2026-Q2 |
| Periscope Capital Inc. added | 145,000 | $1M | 0.7% | 2026-Q2 |
| Centiva Capital, LP new | 103,000 | $1M | 0.5% | 2026-Q2 |
| Brevan Howard Capital Management LP new | 102,744 | $1M | 0.5% | 2026-Q2 |
| Shay Capital LLC new | 102,023 | $1M | 0.5% | 2026-Q2 |
| DELTEC ASSET MANAGEMENT LLC trimmed | 99,900 | $1M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 99,887 | $1M | 0.5% | 2026-Q2 |
| RLH Capital LLC trimmed | 94,000 | $972K | 0.5% | 2026-Q2 |
| Yakira Capital Management, Inc. trimmed | 87,490 | $905K | 0.4% | 2026-Q2 |
| Bulldog Investors, LLP trimmed | 79,808 | $824K | 0.4% | 2026-Q2 |
| BERKLEY W R CORP trimmed | 79,533 | $822K | 0.4% | 2026-Q2 |
| Cannon Global Investment Management, LLC new | 76,500 | $791K | 0.4% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 56,400 | $583K | 0.3% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP new | 50,000 | $517K | 0.2% | 2026-Q2 |
| Quarry LP trimmed | 50,000 | $517K | 0.2% | 2026-Q2 |
| T3 Companies, LLC new | 48,613 | $503K | 0.2% | 2026-Q2 |
| Clear Street Group Inc. new | 43,877 | $454K | 0.2% | 2026-Q2 |
| StoneX Group Inc. new | 35,190 | $357K | 0.2% | 2026-Q2 |
| UBS Group AG new | 33,962 | $351K | 0.2% | 2026-Q2 |
| ExodusPoint Capital Management, LP trimmed | 32,357 | $335K | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 24,043 | $268K | 0.1% | 2026-Q2 |
| HGC Investment Management Inc. trimmed | 25,000 | $258K | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 19,251 | $199K | 0.1% | 2026-Q2 |
| CastleKnight Management LP new | 71,713 | $133K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC new | 11,608 | $120K | 0.1% | 2026-Q2 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC trimmed | 10,193 | $105K | 0.0% | 2026-Q2 |
| Hudson Bay Capital Management LP trimmed | 50,882 | $95K | 0.0% | 2026-Q2 |
| Walleye Capital LLC trimmed | 38,333 | $72K | 0.0% | 2026-Q2 |
| Galaxy Digital Inc. trimmed | 25,000 | $47K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) new | 971 | $10K | 0.0% | 2026-Q2 |
| Rangeley Capital, LLC new | 701 | $8K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 600 | $6K | 0.0% | 2026-Q2 |
| METEORA CAPITAL, LLC new | 337,243 | $3M | 1.6% | 2026-Q1 stale (1 quarter behind) |
| Mint Tower Capital Management B.V. new | 200,000 | $2M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| HEIGHTS CAPITAL MANAGEMENT, INC new | 150,000 | $2M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC new | 75,298 | $762K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| BlueCrest Capital Management Ltd new | 50,000 | $506K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| PICTON MAHONEY ASSET MANAGEMENT new | 50,000 | $506K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Harraden Circle Investments, LLC new | 44,056 | $441K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| STATE OF WISCONSIN INVESTMENT BOARD new | 25,000 | $253K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| ABC ARBITRAGE SA new | 20,000 | $202K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Schonfeld Strategic Advisors LLC new | 10,300 | $104K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| ROYAL BANK OF CANADA new | 3,000 | $30K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC new | 100 | $1K | 0.0% | 2026-Q1 stale (1 quarter 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.