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-Q1 13F filings (latest filed 2026-05-18). 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: 11 added or opened and 1191 trimmed or exited — on balance reducing.
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 2025-Q4 and 2026-Q1, across 1883 tracked filers holding IWD, 715 increased or opened the position and 847 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 3
- D. E. Shaw & Co., Inc.$12M
- MARSHALL WACE, LLP$2M
- WELLINGTON MANAGEMENT GROUP LLP$819K
Full exits 1187
- BANK OF AMERICA CORP /DE/$9.9B
- MORGAN STANLEY$9.0B
- GOLDMAN SACHS GROUP INC$2.5B
- JPMORGAN CHASE & CO$1.8B
- Financial Engines Advisors L.L.C.$1.7B
- ENVESTNET ASSET MANAGEMENT INC$1.5B
Largest adds
- FMR LLC$172M
- TUDOR INVESTMENT CORP ET AL$18M
- AQR CAPITAL MANAGEMENT LLC$10M
- CITADEL ADVISORS LLC$5M
- MILLENNIUM MANAGEMENT LLC$5M
- Aristotle Capital Management, LLC$4M
Largest trims
- TWO SIGMA INVESTMENTS, LP$61M
- BlackRock, Inc.$55M
- Diamond Hill Capital Management, LLC (Investment Advisor)$5M
- PRICE T ROWE ASSOCIATES INC /MD/$304K
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 46,144,498 | $9.9B | 18.8% | 2026-Q1 |
| MORGAN STANLEY added | 42,227,257 | $9.0B | 17.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 11,634,553 | $2.5B | 4.7% | 2026-Q1 |
| FMR LLC trimmed | 8,896,508 | $2.2B | 4.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 8,645,160 | $1.8B | 3.5% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 8,019,224 | $1.7B | 3.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 6,888,490 | $1.5B | 2.8% | 2026-Q1 |
| UBS Group AG trimmed | 6,579,034 | $1.4B | 2.7% | 2026-Q1 |
| Baird Financial Group, Inc. added | 6,026,778 | $1.3B | 2.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 5,512,527 | $1.2B | 2.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 5,157,221 | $1.1B | 2.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 5,014,746 | $1.1B | 2.0% | 2026-Q1 |
| LPL Financial LLC trimmed | 4,284,792 | $916M | 1.7% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 3,736,055 | $798M | 1.5% | 2026-Q1 |
| M&T Bank Corp added | 3,545,083 | $757M | 1.4% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 3,385,962 | $723M | 1.4% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. added | 3,245,825 | $694M | 1.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 2,641,153 | $555M | 1.1% | 2026-Q1 |
| Jasper Ridge Partners, L.P. trimmed | 2,467,155 | $527M | 1.0% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 2,364,303 | $505M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 2,217,909 | $474M | 0.9% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 2,161,770 | $462M | 0.9% | 2026-Q1 |
| GLOBALT Investments LLC / GA added | 1,749,104 | $374M | 0.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,606,242 | $343M | 0.7% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 1,538,757 | $329M | 0.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 1,465,808 | $313M | 0.6% | 2026-Q1 |
| Focus Partners Wealth added | 1,414,270 | $302M | 0.6% | 2026-Q1 |
| Stairway Partners, LLC added | 1,331,364 | $284M | 0.5% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 1,275,624 | $273M | 0.5% | 2026-Q1 |
| 71 West Capital Partners added | 1,264,328 | $270M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 1,229,673 | $263M | 0.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,192,023 | $255M | 0.5% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 1,191,768 | $255M | 0.5% | 2026-Q1 |
| CITIGROUP INC trimmed | 1,098,501 | $235M | 0.4% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 1,089,645 | $233M | 0.4% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 1,064,227 | $227M | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp added | 903,575 | $193M | 0.4% | 2026-Q1 |
| Waldron Private Wealth LLC trimmed | 869,615 | $186M | 0.4% | 2026-Q1 |
| OAKWORTH CAPITAL, INC. added | 862,297 | $184M | 0.4% | 2026-Q1 |
| Cerity Partners LLC added | 815,582 | $174M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 806,760 | $172M | 0.3% | 2026-Q1 |
| Pacific Life Fund Advisors LLC trimmed | 803,474 | $172M | 0.3% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 800,890 | $171M | 0.3% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 780,824 | $167M | 0.3% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 781,926 | $166M | 0.3% | 2026-Q1 |
| OpenArc Corporate Advisory, LLC added | 747,074 | $160M | 0.3% | 2026-Q1 |
| BROWN ADVISORY INC added | 738,840 | $158M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 713,313 | $152M | 0.3% | 2026-Q1 |
| COMMERCE BANK trimmed | 706,802 | $151M | 0.3% | 2026-Q1 |
| Circle Wealth Management, LLC added | 672,670 | $144M | 0.3% | 2026-Q1 |
| Dynasty Wealth Management, LLC added | 658,371 | $141M | 0.3% | 2026-Q1 |
| TIAA Wealth Investment Management LLC new | 645,769 | $135M | 0.3% | 2026-Q1 |
| 1ST SOURCE BANK added | 621,889 | $133M | 0.3% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 582,984 | $125M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 536,891 | $115M | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 497,878 | $107M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 478,153 | $102M | 0.2% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 469,622 | $100M | 0.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 460,764 | $98M | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 435,644 | $93M | 0.2% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. added | 435,078 | $93M | 0.2% | 2026-Q1 |
| STEPHENS GROUP ASSET MANAGEMENT, LLC added | 431,178 | $92M | 0.2% | 2026-Q1 |
| BANK OF NOVA SCOTIA trimmed | 425,570 | $91M | 0.2% | 2026-Q1 |
| Cassaday & Co Wealth Management LLC trimmed | 417,951 | $89M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 343,631 | $87M | 0.2% | 2026-Q1 |
| CHOREO, LLC added | 402,812 | $86M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 401,072 | $86M | 0.2% | 2026-Q1 |
| EQUITY INVESTMENT CORP trimmed | 400,595 | $86M | 0.2% | 2026-Q1 |
| Cedar Mountain Advisors, LLC trimmed | 395,176 | $84M | 0.2% | 2026-Q1 |
| Marquette Asset Management, LLC added | 393,580 | $84M | 0.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 337,493 | $82M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 380,721 | $81M | 0.2% | 2026-Q1 |
| LANDAAS & CO /WI /ADV added | 373,523 | $80M | 0.2% | 2026-Q1 |
| Modera Wealth Management, LLC trimmed | 363,520 | $78M | 0.1% | 2026-Q1 |
| MAI Capital Management trimmed | 361,067 | $77M | 0.1% | 2026-Q1 |
| StoneX Group Inc. added | 359,068 | $77M | 0.1% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 354,938 | $76M | 0.1% | 2026-Q1 |
| MV CAPITAL MANAGEMENT, INC. trimmed | 340,930 | $73M | 0.1% | 2026-Q1 |
| Beacon Pointe Advisors, LLC trimmed | 338,727 | $72M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 336,524 | $72M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 333,796 | $71M | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC added | 324,494 | $69M | 0.1% | 2026-Q1 |
| Allworth Financial LP trimmed | 315,598 | $67M | 0.1% | 2026-Q1 |
| Lido Advisors, LLC added | 309,810 | $66M | 0.1% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 303,087 | $65M | 0.1% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 285,437 | $61M | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 282,693 | $60M | 0.1% | 2026-Q1 |
| SMI Advisory Services, LLC added | 269,894 | $58M | 0.1% | 2026-Q1 |
| Paulson Wealth Management Inc. added | 273,546 | $58M | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 272,858 | $58M | 0.1% | 2026-Q1 |
| Waverly Advisors, LLC trimmed | 272,542 | $58M | 0.1% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 270,091 | $58M | 0.1% | 2026-Q1 |
| First Business Financial Services, Inc. added | 266,206 | $57M | 0.1% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 259,648 | $55M | 0.1% | 2026-Q1 |
| SYNOVUS FINANCIAL CORP added | 3,240,013 | $660M | 1.3% | 2025-Q3 stale |
| Alaska Permanent Fund Corp trimmed | 1,875,445 | $342M | 0.7% | 2025-Q1 stale |
| COMERICA BANK added | 974,143 | $205M | 0.4% | 2025-Q4 stale |
| Mizuho Bank, Ltd. new | 480,000 | $101M | 0.2% | 2025-Q4 stale |
| Covenant Partners, LLC added | 307,868 | $65M | 0.1% | 2025-Q4 stale |
| Coho Partners, Ltd. added | 306,766 | $58M | 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.