Who owns IWL
Which tracked institutional funds hold IWL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IWL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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 IWL is one-sided between 2026-Q1 and 2026-Q2: 76 added or opened and 19 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
IWL’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes IWL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in IWL 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 227 tracked filers holding IWL, 97 increased or opened the position and 111 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 IWL 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
- KM Capital Management Ltd.$14M
- Elevation Capital Advisory, LLC$1M
Full exits 11
- Cambridge Investment Research Advisors, Inc.$21M
- HighTower Advisors, LLC$11M
- TWO SIGMA INVESTMENTS, LP$10M
- Capital Developers, LLC$8M
- Nicollet Investment Management, Inc.$6M
- THOROUGHBRED FINANCIAL SERVICES, LLC$5M
Largest adds
- Prescott Group Capital Management, L.L.C.$24M
- George Kaiser Family Foundation$24M
- COMMERCE BANK$24M
- AMERIPRISE FINANCIAL INC$16M
- Lido Advisors, LLC$16M
- Integrated Wealth Concepts LLC$14M
Largest trims
- Richmond Investment Services, LLC$25M
- BANK OF AMERICA CORP /DE/$9M
- CITADEL ADVISORS LLC$4M
- REDSTONE WEALTH MANAGEMENT, LLC$2M
- Mariner, LLC$2M
- GTS SECURITIES LLC$728K
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 |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 676,332 | $125M | 8.2% | 2026-Q2 |
| Gilbert & Cook, Inc. trimmed | 508,409 | $94M | 6.2% | 2026-Q2 |
| TOMPKINS FINANCIAL CORP added | 501,427 | $93M | 6.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 500,046 | $92M | 6.1% | 2026-Q2 |
| COMMERCE BANK added | 435,916 | $81M | 5.3% | 2026-Q2 |
| Lido Advisors, LLC added | 408,608 | $76M | 5.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 396,002 | $73M | 4.8% | 2026-Q2 |
| LPL Financial LLC trimmed | 359,781 | $67M | 4.4% | 2026-Q2 |
| George Kaiser Family Foundation added | 248,501 | $46M | 3.0% | 2026-Q2 |
| Prescott Group Capital Management, L.L.C. added | 248,501 | $46M | 3.0% | 2026-Q2 |
| Richmond Investment Services, LLC trimmed | 218,146 | $40M | 2.7% | 2026-Q2 |
| Reliant Wealth Planning added | 215,106 | $40M | 2.6% | 2026-Q2 |
| FreeGulliver LLC trimmed | 209,733 | $39M | 2.5% | 2026-Q2 |
| Heck Capital Advisors, LLC | 204,621 | $38M | 2.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 186,952 | $34M | 2.3% | 2026-Q2 |
| SEARCY FINANCIAL SERVICES INC /ADV trimmed | 178,911 | $33M | 2.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 141,776 | $26M | 1.7% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 138,001 | $26M | 1.7% | 2026-Q2 |
| MANCHESTER FINANCIAL INC added | 121,917 | $23M | 1.5% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 113,573 | $21M | 1.4% | 2026-Q2 |
| Equitable Holdings, Inc. added | 98,978 | $18M | 1.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 87,132 | $16M | 1.1% | 2026-Q2 |
| FIRST AMERICAN TRUST, FSB added | 76,906 | $14M | 0.9% | 2026-Q2 |
| UBS Group AG added | 75,787 | $14M | 0.9% | 2026-Q2 |
| KM Capital Management Ltd. trimmed | 74,015 | $14M | 0.9% | 2026-Q2 |
| ARCADIA INVESTMENT ADVISORS LLC added | 73,700 | $14M | 0.9% | 2026-Q2 |
| Annex Advisory Services, LLC trimmed | 73,569 | $14M | 0.9% | 2026-Q2 |
| WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV added | 72,990 | $13M | 0.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 69,193 | $13M | 0.8% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 67,225 | $12M | 0.8% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 60,117 | $11M | 0.7% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. trimmed | 55,913 | $10M | 0.7% | 2026-Q2 |
| FIRST CITIZENS BANK & TRUST CO trimmed | 55,913 | $10M | 0.7% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 55,425 | $10M | 0.7% | 2026-Q2 |
| McKinley Carter Wealth Services, Inc. trimmed | 53,247 | $10M | 0.6% | 2026-Q2 |
| Creative Planning trimmed | 50,650 | $9M | 0.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 47,160 | $9M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 42,173 | $8M | 0.5% | 2026-Q2 |
| Merit Financial Group, LLC added | 41,699 | $8M | 0.5% | 2026-Q2 |
| ShoreHaven Wealth Partners, LLC trimmed | 39,152 | $7M | 0.5% | 2026-Q2 |
| SageView Advisory Group, LLC trimmed | 35,692 | $7M | 0.4% | 2026-Q2 |
| Veridan Wealth LLC trimmed | 35,548 | $7M | 0.4% | 2026-Q2 |
| Waverly Advisors, LLC added | 35,166 | $7M | 0.4% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 35,065 | $6M | 0.4% | 2026-Q2 |
| Winter & Associates, Inc. added | 34,510 | $6M | 0.4% | 2026-Q2 |
| Holos Integrated Wealth LLC added | 33,849 | $6M | 0.4% | 2026-Q2 |
| Strategic Equity Management trimmed | 33,422 | $6M | 0.4% | 2026-Q2 |
| OXFORD FINANCIAL GROUP, LTD. LLC | 29,110 | $5M | 0.4% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 28,696 | $5M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 27,764 | $5M | 0.3% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 27,018 | $5M | 0.3% | 2026-Q2 |
| Cresset Asset Management, LLC | 24,731 | $5M | 0.3% | 2026-Q2 |
| Valmark Advisers, Inc. trimmed | 23,282 | $4M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 23,110 | $4M | 0.3% | 2026-Q2 |
| Wealthfront Advisers LLC added | 22,773 | $4M | 0.3% | 2026-Q2 |
| Grant Street Asset Management, Inc. trimmed | 21,751 | $4M | 0.3% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 19,799 | $4M | 0.2% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 19,542 | $4M | 0.2% | 2026-Q2 |
| MONEYWISE, INC. added | 18,127 | $3M | 0.2% | 2026-Q2 |
| Mason & Associates, LLC trimmed | 17,841 | $3M | 0.2% | 2026-Q2 |
| SOA Wealth Advisors, LLC. trimmed | 16,511 | $3M | 0.2% | 2026-Q2 |
| Noble Family Wealth, LLC trimmed | 16,109 | $3M | 0.2% | 2026-Q2 |
| FMR LLC added | 15,984 | $3M | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 15,657 | $3M | 0.2% | 2026-Q2 |
| Legacy Advisory Services, LLC added | 15,321 | $3M | 0.2% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 14,937 | $3M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 14,045 | $3M | 0.2% | 2026-Q2 |
| GeoWealth Management, LLC added | 13,863 | $3M | 0.2% | 2026-Q2 |
| Family Capital Management, Inc. added | 13,832 | $3M | 0.2% | 2026-Q2 |
| Boyd Wealth Management, LLC trimmed | 13,775 | $3M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 13,191 | $2M | 0.2% | 2026-Q2 |
| Forefront Wealth Partners, LLC trimmed | 12,946 | $2M | 0.2% | 2026-Q2 |
| Compton Wealth Advisory Group, LLC trimmed | 12,652 | $2M | 0.2% | 2026-Q2 |
| GRANITE ISLANDS PRIVATE WEALTH, LLC added | 12,103 | $2M | 0.1% | 2026-Q2 |
| Bison Wealth, LLC trimmed | 11,811 | $2M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 10,978 | $2M | 0.1% | 2026-Q2 |
| Keystone Financial Group added | 10,685 | $2M | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. added | 10,619 | $2M | 0.1% | 2026-Q2 |
| PATTEN & PATTEN INC/TN | 9,909 | $2M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 9,087 | $2M | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 9,006 | $2M | 0.1% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED trimmed | 8,632 | $2M | 0.1% | 2026-Q2 |
| Avior Wealth Management, LLC trimmed | 7,805 | $1M | 0.1% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC trimmed | 7,799 | $1M | 0.1% | 2026-Q2 |
| Elevation Capital Advisory, LLC added | 7,790 | $1M | 0.1% | 2026-Q2 |
| Focus Partners Wealth trimmed | 7,537 | $1M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 7,497 | $1M | 0.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 7,443 | $1M | 0.1% | 2026-Q2 |
| Summit Trail Advisors, LLC | 7,310 | $1M | 0.1% | 2026-Q2 |
| Fifth Third Securities, Inc. trimmed | 7,097 | $1M | 0.1% | 2026-Q2 |
| Procyon Advisors, LLC | 7,037 | $1M | 0.1% | 2026-Q2 |
| Breakwater Capital Group added | 6,535 | $1M | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 6,322 | $1M | 0.1% | 2026-Q2 |
| Aureus Asset Management, LLC | 6,000 | $1M | 0.1% | 2026-Q2 |
| BlackRock, Inc. added | 5,733 | $1M | 0.1% | 2026-Q2 |
| Asset Allocation Strategies LLC trimmed | 5,586 | $1M | 0.1% | 2026-Q2 |
| MAI Capital Management trimmed | 5,501 | $1M | 0.1% | 2026-Q2 |
| CAHABA WEALTH MANAGEMENT, INC. added | 5,270 | $975K | 0.1% | 2026-Q2 |
| Summit Financial, LLC trimmed | 5,240 | $969K | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 4,758 | $880K | 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.