Who owns IWD
Which tracked institutional funds hold IWD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IWD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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 IWD is one-sided between 2026-Q1 and 2026-Q2: 646 added or opened and 170 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
IWD’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IWD 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 1916 tracked filers holding IWD, 742 increased or opened the position and 830 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 IWD 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 54
- Caisse de depot et placement du Quebec$68M
- NewEdge Advisors, LLC$28M
- D. E. Shaw & Co., Inc.$12M
- CANANDAIGUA NATIONAL BANK & TRUST CO$9M
- Alexis Investment Partners, LLC$9M
- Global Retirement Partners, LLC$9M
Full exits 85
- NATIXIS ADVISORS, LLC$273M
- HighTower Advisors, LLC$233M
- Pacific Life Fund Advisors LLC$172M
- Thrivent Financial for Lutherans$72M
- Janney Montgomery Scott LLC$58M
- LBJ Family Wealth Advisors, Ltd.$33M
Largest adds
- AMERIPRISE FINANCIAL INC$1.8B
- BANK OF AMERICA CORP /DE/$980M
- MORGAN STANLEY$835M
- WELLS FARGO & COMPANY/MN$307M
- GOLDMAN SACHS GROUP INC$304M
- JPMORGAN CHASE & CO$253M
Largest trims
- FRANKLIN RESOURCES INC$344M
- BNP PARIBAS FINANCIAL MARKETS$98M
- NORTHERN TRUST CORP$93M
- TWO SIGMA INVESTMENTS, LP$61M
- Allworth Financial LP$57M
- Corient Private Wealth LP$56M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 44,711,921 | $10.8B | 19.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 40,662,951 | $9.9B | 17.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 11,508,393 | $2.8B | 4.9% | 2026-Q2 |
| FMR LLC trimmed | 8,896,508 | $2.2B | 3.8% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 8,644,566 | $2.1B | 3.7% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 8,498,901 | $2.1B | 3.6% | 2026-Q2 |
| Financial Engines Advisors L.L.C. trimmed | 7,898,903 | $1.9B | 3.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 6,717,263 | $1.6B | 2.8% | 2026-Q2 |
| UBS Group AG trimmed | 6,325,816 | $1.5B | 2.7% | 2026-Q2 |
| Baird Financial Group, Inc. added | 6,192,377 | $1.5B | 2.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 5,686,036 | $1.4B | 2.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 5,232,373 | $1.3B | 2.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 4,160,192 | $1.0B | 1.8% | 2026-Q2 |
| LPL Financial LLC trimmed | 4,042,964 | $980M | 1.7% | 2026-Q2 |
| M&T Bank Corp added | 3,793,923 | $920M | 1.6% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 3,411,025 | $827M | 1.4% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. added | 3,257,065 | $790M | 1.4% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 3,107,712 | $753M | 1.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 2,718,123 | $660M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 2,187,427 | $530M | 0.9% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 2,143,441 | $520M | 0.9% | 2026-Q2 |
| Jasper Ridge Partners, L.P. trimmed | 2,045,358 | $496M | 0.9% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,821,926 | $442M | 0.8% | 2026-Q2 |
| GLOBALT Investments LLC / GA trimmed | 1,715,696 | $416M | 0.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,601,482 | $388M | 0.7% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 1,534,580 | $372M | 0.7% | 2026-Q2 |
| Focus Partners Wealth added | 1,416,627 | $343M | 0.6% | 2026-Q2 |
| Stairway Partners, LLC added | 1,331,855 | $323M | 0.6% | 2026-Q2 |
| 71 West Capital Partners added | 1,306,647 | $317M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 1,245,656 | $302M | 0.5% | 2026-Q2 |
| CITIGROUP INC added | 1,172,263 | $284M | 0.5% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 1,152,535 | $279M | 0.5% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC added | 1,093,500 | $265M | 0.5% | 2026-Q2 |
| OAKWORTH CAPITAL, INC. added | 877,912 | $213M | 0.4% | 2026-Q2 |
| Waldron Private Wealth LLC trimmed | 853,400 | $207M | 0.4% | 2026-Q2 |
| Cerity Partners LLC added | 848,030 | $206M | 0.4% | 2026-Q2 |
| OpenArc Corporate Advisory, LLC added | 807,045 | $196M | 0.3% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 793,380 | $192M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 786,854 | $191M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 785,470 | $190M | 0.3% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 742,315 | $180M | 0.3% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 730,583 | $177M | 0.3% | 2026-Q2 |
| Dynasty Wealth Management, LLC added | 725,606 | $176M | 0.3% | 2026-Q2 |
| Circle Wealth Management, LLC | 672,670 | $163M | 0.3% | 2026-Q2 |
| COMMERCE BANK trimmed | 663,733 | $161M | 0.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 663,216 | $161M | 0.3% | 2026-Q2 |
| TIAA Wealth Investment Management LLC trimmed | 636,075 | $154M | 0.3% | 2026-Q2 |
| 1ST SOURCE BANK added | 632,344 | $153M | 0.3% | 2026-Q2 |
| STEPHENS INC /AR/ added | 593,962 | $144M | 0.3% | 2026-Q2 |
| Creative Planning trimmed | 509,090 | $123M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 494,171 | $122M | 0.2% | 2026-Q2 |
| Pathstone Holdings, LLC added | 480,631 | $117M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 461,550 | $112M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 453,552 | $110M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 451,876 | $110M | 0.2% | 2026-Q2 |
| Cullen/Frost Bankers, Inc. added | 442,652 | $107M | 0.2% | 2026-Q2 |
| STEPHENS GROUP ASSET MANAGEMENT, LLC trimmed | 428,133 | $104M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 414,670 | $101M | 0.2% | 2026-Q2 |
| Cassaday & Co Wealth Management LLC trimmed | 407,487 | $99M | 0.2% | 2026-Q2 |
| CHOREO, LLC added | 404,733 | $98M | 0.2% | 2026-Q2 |
| Marquette Asset Management, LLC added | 397,757 | $96M | 0.2% | 2026-Q2 |
| Cedar Mountain Advisors, LLC added | 395,280 | $96M | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC added | 392,600 | $95M | 0.2% | 2026-Q2 |
| LANDAAS & CO /WI /ADV added | 385,177 | $93M | 0.2% | 2026-Q2 |
| MAI Capital Management added | 382,514 | $93M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 382,011 | $93M | 0.2% | 2026-Q2 |
| StoneX Group Inc. added | 364,575 | $88M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 362,548 | $77M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 360,680 | $87M | 0.2% | 2026-Q2 |
| Modera Wealth Management, LLC trimmed | 359,145 | $87M | 0.2% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 353,038 | $86M | 0.1% | 2026-Q2 |
| MV CAPITAL MANAGEMENT, INC. | 340,930 | $73M | 0.1% | 2026-Q2 |
| BlackRock, Inc. trimmed | 337,493 | $82M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC added | 327,952 | $80M | 0.1% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 319,919 | $78M | 0.1% | 2026-Q2 |
| Nuveen, LLC added | 319,031 | $77M | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 309,791 | $75M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 307,073 | $74M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 304,240 | $74M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 301,351 | $73M | 0.1% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 284,963 | $69M | 0.1% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 281,975 | $68M | 0.1% | 2026-Q2 |
| Beirne Wealth Consulting Services, LLC added | 271,741 | $66M | 0.1% | 2026-Q2 |
| First Business Financial Services, Inc. trimmed | 265,835 | $64M | 0.1% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 265,552 | $64M | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 261,551 | $63M | 0.1% | 2026-Q2 |
| Badgley Phelps Wealth Managers, LLC added | 259,924 | $63M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 257,408 | $62M | 0.1% | 2026-Q2 |
| SMI Advisory Services, LLC trimmed | 255,736 | $63M | 0.1% | 2026-Q2 |
| BRIDGES INVESTMENT MANAGEMENT INC trimmed | 253,556 | $61M | 0.1% | 2026-Q2 |
| Paulson Wealth Management Inc. trimmed | 253,476 | $61M | 0.1% | 2026-Q2 |
| HB Wealth Management, LLC added | 244,415 | $59M | 0.1% | 2026-Q2 |
| EQUITY INVESTMENT CORP trimmed | 241,235 | $58M | 0.1% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 232,981 | $56M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 229,113 | $56M | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 222,877 | $54M | 0.1% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 220,733 | $54M | 0.1% | 2026-Q2 |
| Relyea Zuckerberg Hanson LLC added | 215,569 | $52M | 0.1% | 2026-Q2 |
| Americana Partners, LLC trimmed | 213,798 | $52M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 211,834 | $51M | 0.1% | 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.