Who owns IPI (IPI)
Which tracked institutional funds hold IPI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IPI 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
The tracked-fund tape on IPI is one-sided between 2025-Q4 and 2026-Q1: 62 added or opened and 18 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
IPI’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 IPI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IPI 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 162 tracked filers holding IPI, 97 increased or opened the position and 65 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 IPI 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 20
- VANGUARD CAPITAL MANAGEMENT LLC$22M
- Driehaus Capital Management LLC$13M
- VANGUARD PORTFOLIO MANAGEMENT LLC$8M
- VANGUARD FIDUCIARY TRUST CO$3M
- Janney Montgomery Scott LLC$2M
- Massar Capital Management, LP$2M
Full exits 6
- VANGUARD GROUP INC$20M
- Brandywine Global Investment Management, LLC$1M
- CANADA PENSION PLAN INVESTMENT BOARD$1M
- PRINCIPAL FINANCIAL GROUP INC$889K
- Man Group plc$783K
- Caption Management, LLC$609K
Largest adds
- BlackRock, Inc.$13M
- DIMENSIONAL FUND ADVISORS LP$12M
- JPMORGAN CHASE & CO$7M
- AMERICAN CENTURY COMPANIES INC$6M
- Goehring & Rozencwajg Associates, LLC$5M
- ACADIAN ASSET MANAGEMENT LLC$5M
Largest trims
- GATE CITY CAPITAL MANAGEMENT, LLC$16M
- BNP PARIBAS FINANCIAL MARKETS$2M
- Squarepoint Ops LLC$1M
- Qube Research & Technologies Ltd$1M
- Azarias Capital Management, L.P.$750K
- Jump Financial, LLC$670K
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 | 918,145 | $39M | 10.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 734,413 | $31M | 8.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 509,730 | $22M | 5.8% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 328,604 | $14M | 3.7% | 2026-Q1 |
| Driehaus Capital Management LLC added | 313,888 | $13M | 3.6% | 2026-Q1 |
| Goehring & Rozencwajg Associates, LLC added | 267,097 | $11M | 3.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 259,787 | $11M | 2.9% | 2026-Q1 |
| STATE STREET CORP added | 238,742 | $10M | 2.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 226,356 | $10M | 2.6% | 2026-Q1 |
| MORGAN STANLEY added | 229,915 | $10M | 2.6% | 2026-Q1 |
| GATE CITY CAPITAL MANAGEMENT, LLC trimmed | 224,275 | $10M | 2.5% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 196,966 | $8M | 2.2% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 195,656 | $8M | 2.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 194,213 | $8M | 2.2% | 2026-Q1 |
| Azarias Capital Management, L.P. trimmed | 173,654 | $7M | 2.0% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 171,041 | $7M | 1.9% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 154,550 | $7M | 1.8% | 2026-Q1 |
| First Eagle Investment Management, LLC trimmed | 151,251 | $6M | 1.7% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 126,909 | $5M | 1.4% | 2026-Q1 |
| Nuveen, LLC added | 114,209 | $5M | 1.3% | 2026-Q1 |
| SG Americas Securities, LLC added | 98,754 | $4M | 1.1% | 2026-Q1 |
| Empowered Funds, LLC added | 88,353 | $4M | 1.0% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 86,511 | $4M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 81,994 | $4M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 81,093 | $3M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 78,524 | $3M | 0.9% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 71,377 | $3M | 0.8% | 2026-Q1 |
| PDT Partners, LLC | 61,949 | $3M | 0.7% | 2026-Q1 |
| Glenorchy Capital Ltd added | 61,235 | $3M | 0.7% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 58,733 | $3M | 0.7% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 58,085 | $2M | 0.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 55,911 | $2M | 0.6% | 2026-Q1 |
| Massar Capital Management, LP new | 55,798 | $2M | 0.6% | 2026-Q1 |
| Engineers Gate Manager LP added | 53,018 | $2M | 0.6% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 52,953 | $2M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 51,299 | $2M | 0.6% | 2026-Q1 |
| Peapod Lane Capital LLC | 46,086 | $2M | 0.5% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 42,883 | $2M | 0.5% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP trimmed | 41,008 | $2M | 0.5% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 39,439 | $2M | 0.4% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 37,105 | $2M | 0.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 35,979 | $2M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 35,233 | $2M | 0.4% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC added | 33,531 | $1M | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 33,028 | $1M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 32,028 | $1M | 0.4% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 30,847 | $1M | 0.4% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 29,925 | $1M | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 29,814 | $1M | 0.3% | 2026-Q1 |
| Quantinno Capital Management LP added | 29,215 | $1M | 0.3% | 2026-Q1 |
| Campbell & CO Investment Adviser LLC added | 28,928 | $1M | 0.3% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 27,623 | $1M | 0.3% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 25,165 | $1M | 0.3% | 2026-Q1 |
| Steadtrust LLC trimmed | 24,790 | $1M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 23,194 | $992K | 0.3% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 22,062 | $944K | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 19,243 | $823K | 0.2% | 2026-Q1 |
| Informed Momentum Co LLC trimmed | 18,994 | $812K | 0.2% | 2026-Q1 |
| Eschler Asset Management LLP new | 18,462 | $790K | 0.2% | 2026-Q1 |
| CAXTON ASSOCIATES LLP new | 17,559 | $751K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers new | 15,092 | $645K | 0.2% | 2026-Q1 |
| Creative Planning added | 14,931 | $639K | 0.2% | 2026-Q1 |
| Quadrature Capital Ltd new | 14,764 | $631K | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans new | 14,110 | $603K | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 14,094 | $603K | 0.2% | 2026-Q1 |
| RFG Advisory, LLC new | 13,853 | $592K | 0.2% | 2026-Q1 |
| FIRST MANHATTAN CO. LLC. new | 13,425 | $574K | 0.2% | 2026-Q1 |
| ExodusPoint Capital Management, LP trimmed | 12,365 | $529K | 0.1% | 2026-Q1 |
| IMC-Chicago, LLC new | 11,585 | $495K | 0.1% | 2026-Q1 |
| Jump Financial, LLC trimmed | 11,195 | $479K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 11,003 | $471K | 0.1% | 2026-Q1 |
| Harbour Capital Advisors, LLC added | 12,430 | $469K | 0.1% | 2026-Q1 |
| Hillsdale Investment Management Inc. trimmed | 10,800 | $462K | 0.1% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd trimmed | 10,740 | $459K | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 10,648 | $455K | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC added | 10,600 | $453K | 0.1% | 2026-Q1 |
| LPL Financial LLC trimmed | 10,299 | $440K | 0.1% | 2026-Q1 |
| ArrowMark Colorado Holdings LLC | 10,150 | $434K | 0.1% | 2026-Q1 |
| XTX Topco Ltd trimmed | 9,180 | $393K | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 9,057 | $389K | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 8,641 | $370K | 0.1% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 8,640 | $370K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 8,489 | $363K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 724,571 | $20M | 5.3% | 2025-Q4 stale |
| Invenomic Capital Management LP new | 347,389 | $10M | 2.7% | 2025-Q1 stale |
| Brandywine Global Investment Management, LLC trimmed | 53,690 | $1M | 0.4% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC trimmed | 45,388 | $1M | 0.4% | 2025-Q3 stale |
| Lighthouse Investment Partners, LLC new | 35,000 | $1M | 0.3% | 2025-Q2 stale |
| Allspring Global Investments Holdings, LLC added | 32,742 | $1M | 0.3% | 2025-Q2 stale |
| CANADA PENSION PLAN INVESTMENT BOARD | 39,700 | $1M | 0.3% | 2025-Q4 stale |
| Concentric Capital Strategies, LP new | 31,739 | $971K | 0.3% | 2025-Q3 stale |
| PRINCIPAL FINANCIAL GROUP INC added | 32,047 | $889K | 0.2% | 2025-Q4 stale |
| Man Group plc new | 28,231 | $783K | 0.2% | 2025-Q4 stale |
| Caption Management, LLC trimmed | 21,956 | $609K | 0.2% | 2025-Q4 stale |
| Marex Group plc new | 15,000 | $441K | 0.1% | 2025-Q1 stale |
| Mariner, LLC trimmed | 14,329 | $438K | 0.1% | 2025-Q3 stale |
| Walleye Capital LLC trimmed | 14,606 | $429K | 0.1% | 2025-Q1 stale |
| TWO SIGMA ADVISERS, LP trimmed | 11,710 | $418K | 0.1% | 2025-Q2 stale |
| CastleKnight Management LP | 13,530 | $414K | 0.1% | 2025-Q3 stale |
| WOLVERINE TRADING, LLC added | 12,858 | $378K | 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.