Who owns IWMI
Which tracked institutional funds hold IWMI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IWMI company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-22). 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 IWMI is one-sided between 2025-Q4 and 2026-Q1: 24 added or opened and 4 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
IWMI’s largest tracked holder by dollar value, LPL Financial LLC, 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 conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IWMI 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 84 tracked filers holding IWMI, 69 increased or opened the position and 13 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 IWMI 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 9
- Farther Finance Advisors, LLC$5M
- PREVAIL INNOVATIVE WEALTH ADVISORS, LLC$4M
- Marshall & Sterling Wealth Advisors Inc.$2M
- Steward Partners Investment Advisory, LLC$755K
- SEAVIEW INVESTMENT MANAGERS LLC$754K
- Valmark Advisers, Inc.$734K
Full exits 1
- Savvy Advisors, Inc.$614K
Largest adds
- LPL Financial LLC$8M
- JANE STREET GROUP, LLC$4M
- Rockefeller Capital Management L.P.$2M
- Palacios Wealth Management, LLC$2M
- STIFEL FINANCIAL CORP$2M
- MML INVESTORS SERVICES, LLC$1M
Largest trims
- STEPHENS INC /AR/$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$478K
- Brookwood Investment Group LLC$275K
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 563,915 | $27M | 21.8% | 2026-Q1 |
| MADDEN SECURITIES Corp added | 263,123 | $12M | 10.2% | 2026-Q1 |
| Gradient Investments LLC added | 164,206 | $8M | 6.3% | 2026-Q1 |
| Cascade Wealth Advisors, Inc added | 124,458 | $6M | 5.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 107,022 | $5M | 4.1% | 2026-Q1 |
| Farther Finance Advisors, LLC new | 102,039 | $5M | 4.0% | 2026-Q1 |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC new | 93,070 | $4M | 3.6% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 84,092 | $4M | 3.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 63,438 | $3M | 2.5% | 2026-Q1 |
| Palacios Wealth Management, LLC added | 58,477 | $3M | 2.4% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 53,312 | $3M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 52,243 | $2M | 2.0% | 2026-Q1 |
| Marshall & Sterling Wealth Advisors Inc. new | 48,665 | $2M | 1.9% | 2026-Q1 |
| Independence Wealth Advisors, LLC added | 47,753 | $2M | 1.8% | 2026-Q1 |
| Summit Financial, LLC added | 46,234 | $2M | 1.8% | 2026-Q1 |
| Garden State Investment Advisory Services LLC added | 43,560 | $2M | 1.7% | 2026-Q1 |
| Moran Wealth Management, LLC added | 32,116 | $2M | 1.2% | 2026-Q1 |
| High Net Worth Advisory Group LLC trimmed | 31,148 | $1M | 1.2% | 2026-Q1 |
| Brookwood Investment Group LLC trimmed | 30,093 | $1M | 1.2% | 2026-Q1 |
| Capital Investment Advisory Services, LLC added | 29,507 | $1M | 1.1% | 2026-Q1 |
| Mutual Advisors, LLC added | 29,000 | $1M | 1.1% | 2026-Q1 |
| Owen LaRue, LLC added | 25,835 | $1M | 1.0% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 23,935 | $1M | 0.9% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 20,641 | $978K | 0.8% | 2026-Q1 |
| FSA Advisors, Inc. added | 20,566 | $975K | 0.8% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 19,264 | $913K | 0.7% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 18,192 | $862K | 0.7% | 2026-Q1 |
| NFSG Corp added | 16,460 | $780K | 0.6% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC new | 15,922 | $755K | 0.6% | 2026-Q1 |
| SEAVIEW INVESTMENT MANAGERS LLC new | 15,910 | $754K | 0.6% | 2026-Q1 |
| Valmark Advisers, Inc. new | 15,485 | $734K | 0.6% | 2026-Q1 |
| PFG Investments, LLC added | 13,228 | $627K | 0.5% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 12,926 | $613K | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 12,889 | $611K | 0.5% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 12,357 | $586K | 0.5% | 2026-Q1 |
| Cresset Asset Management, LLC trimmed | 11,955 | $567K | 0.5% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC new | 11,873 | $563K | 0.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 11,447 | $543K | 0.4% | 2026-Q1 |
| SeaCrest Wealth Management, LLC added | 11,000 | $521K | 0.4% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 9,956 | $472K | 0.4% | 2026-Q1 |
| WORLD EQUITY GROUP, INC. added | 9,868 | $468K | 0.4% | 2026-Q1 |
| Vann Equity Management LLC new | 8,626 | $409K | 0.3% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 8,385 | $397K | 0.3% | 2026-Q1 |
| Naviter Wealth, LLC added | 7,664 | $363K | 0.3% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. new | 7,287 | $345K | 0.3% | 2026-Q1 |
| Quantum Private Wealth, LLC added | 7,000 | $332K | 0.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 6,779 | $321K | 0.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 6,685 | $317K | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP new | 6,327 | $299K | 0.2% | 2026-Q1 |
| Walkner Condon Financial Advisors LLC new | 5,845 | $277K | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 5,697 | $270K | 0.2% | 2026-Q1 |
| PSI Advisors, LLC added | 5,082 | $241K | 0.2% | 2026-Q1 |
| PRIVATE TRUST CO NA | 4,800 | $228K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers | 4,742 | $225K | 0.2% | 2026-Q1 |
| CWM, LLC added | 4,680 | $222K | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC new | 4,654 | $221K | 0.2% | 2026-Q1 |
| Allworth Financial LP added | 3,400 | $161K | 0.1% | 2026-Q1 |
| Wellington Grp LLC new | 2,622 | $124K | 0.1% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 2,100 | $100K | 0.1% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 1,901 | $90K | 0.1% | 2026-Q1 |
| Sound Income Strategies, LLC new | 1,725 | $82K | 0.1% | 2026-Q1 |
| GHP Investment Advisors, Inc. added | 1,482 | $70K | 0.1% | 2026-Q1 |
| CoreCap Advisors, LLC added | 1,377 | $65K | 0.1% | 2026-Q1 |
| NBC SECURITIES, INC. new | 1,211 | $57K | 0.0% | 2026-Q1 |
| Aptus Capital Advisors, LLC | 1,175 | $56K | 0.0% | 2026-Q1 |
| Founders Financial Alliance, LLC added | 1,117 | $53K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. new | 500 | $24K | 0.0% | 2026-Q1 |
| SALEM INVESTMENT COUNSELORS INC added | 475 | $23K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 454 | $22K | 0.0% | 2026-Q1 |
| SBI Securities Co., Ltd. new | 212 | $10K | 0.0% | 2026-Q1 |
| Spire Wealth Management added | 210 | $10K | 0.0% | 2026-Q1 |
| Financial Management Professionals, Inc. added | 197 | $9K | 0.0% | 2026-Q1 |
| Capital Analysts, LLC trimmed | 182 | $9K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc new | 100 | $5K | 0.0% | 2026-Q1 |
| SWAN Capital LLC new | 84 | $4K | 0.0% | 2026-Q1 |
| SIGNATUREFD, LLC added | 55 | $3K | 0.0% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. | 30 | $1K | 0.0% | 2026-Q1 |
| Global Wealth Strategies & Associates trimmed | 29 | $1K | 0.0% | 2026-Q1 |
| MOTCO new | 19 | $901 | 0.0% | 2026-Q1 |
| Triumph Capital Management | 6 | $284 | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 3 | $142 | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1 | $61 | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO new | 0 | $43 | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1 | $29 | 0.0% | 2026-Q1 |
| RFG Advisory, LLC new | 37,637 | $2M | 1.4% | 2025-Q2 stale |
| Savvy Advisors, Inc. new | 12,604 | $614K | 0.5% | 2025-Q4 stale |
| Prosperity Wealth Management, Inc. new | 8,009 | $350K | 0.3% | 2025-Q1 stale |
| Corient Private Wealth LLC new | 6,337 | $288K | 0.2% | 2025-Q2 stale |
| PVG ASSET MANAGEMENT CORP new | 5,027 | $228K | 0.2% | 2025-Q2 stale |
| COMMONWEALTH EQUITY SERVICES, LLC new | 4,801 | $218K | 0.2% | 2025-Q2 stale |
| UBS Group AG trimmed | 2,756 | $134K | 0.1% | 2025-Q3 stale |
| Mattson Financial Services, LLC new | 1,496 | $65K | 0.1% | 2025-Q1 stale |
| Global Retirement Partners, LLC | 965 | $47K | 0.0% | 2025-Q3 stale |
| AdvisorNet Financial, Inc added | 353 | $17K | 0.0% | 2025-Q4 stale |
| SIMPLEX TRADING, LLC trimmed | 269 | $12K | 0.0% | 2025-Q2 stale |
| Essential Partners LLC new | 59 | $3K | 0.0% | 2025-Q4 stale |
| FMR LLC trimmed | 5 | $227 | 0.0% | 2025-Q2 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.