Who owns IQM
Which tracked institutional funds hold IQM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IQM 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
The tracked-fund tape on IQM is one-sided between 2026-Q1 and 2026-Q2: 8 added or opened and 2 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
IQM’s largest tracked holder by dollar value, Members Advisory Group LLC, sizes it at 6.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IQM 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 29 tracked filers holding IQM, 19 increased or opened the position and 10 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 IQM 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 2
- Diversify Advisory Services, LLC$1M
- HOWARD FINANCIAL SERVICES, LTD.$532K
Full exits 2
- FLOW TRADERS U.S. LLC$12M
- CITADEL ADVISORS LLC$1M
Largest adds
- Members Advisory Group LLC$21M
- ENVESTNET ASSET MANAGEMENT INC$6M
- OSAIC HOLDINGS, INC.$2M
- TRUIST FINANCIAL CORP$416K
- Cetera Investment Advisers$359K
- COMMONWEALTH EQUITY SERVICES, LLC$301K
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 |
|---|---|---|---|---|
| Members Advisory Group LLC added | 196,751 | $24M | 35.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 67,586 | $8M | 12.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 47,729 | $6M | 8.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 40,120 | $5M | 7.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 15,611 | $2M | 2.8% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC trimmed | 10,172 | $1M | 1.5% | 2026-Q2 |
| Diversify Advisory Services, LLC trimmed | 10,172 | $1M | 1.5% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 8,324 | $1M | 1.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 8,112 | $1M | 1.5% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 5,747 | $714K | 1.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 4,610 | $573K | 0.8% | 2026-Q2 |
| HOWARD FINANCIAL SERVICES, LTD. new | 4,284 | $532K | 0.8% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 3,692 | $459K | 0.7% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. new | 3,582 | $445K | 0.6% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 3,030 | $376K | 0.5% | 2026-Q2 |
| Belvedere Trading LLC new | 2,846 | $353K | 0.5% | 2026-Q2 |
| Avior Wealth Management, LLC new | 2,724 | $338K | 0.5% | 2026-Q2 |
| Financial Partners Group, Inc new | 2,440 | $303K | 0.4% | 2026-Q2 |
| FRANKLIN RESOURCES INC | 2,220 | $276K | 0.4% | 2026-Q2 |
| LPL Financial LLC new | 1,958 | $243K | 0.4% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC new | 1,868 | $232K | 0.3% | 2026-Q2 |
| Allworth Financial LP | 110 | $14K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC new | 80 | $10K | 0.0% | 2026-Q2 |
| Signature Equity Partners, LLC new | 70 | $9K | 0.0% | 2026-Q2 |
| Silver Grove Financial Group, Inc. new | 43 | $5K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC new | 20 | $2K | 0.0% | 2026-Q2 |
| CGC Financial Services, LLC | 18 | $2K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 13 | $2K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 1 | $183 | 0.0% | 2026-Q2 |
| FLOW TRADERS U.S. LLC added | 140,753 | $12M | 18.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 14,639 | $1M | 1.9% | 2026-Q1 stale (1 quarter behind) |
| HANTZ FINANCIAL SERVICES, INC. new | 138 | $12K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC | 113 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Integrity Financial Corp /WA new | 53 | $5K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC new | 250 | $22K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| EWG Elevate Inc. new | 5,698 | $497K | 0.7% | 2025-Q3 stale (3 quarters behind) |
| PRINCIPAL SECURITIES, INC. added | 302 | $26K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| ASSETMARK, INC | 212 | $19K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| UBS Group AG trimmed | 4,286 | $321K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters 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.