Who owns IWR
Which tracked institutional funds hold IWR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IWR 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
209 tracked funds added or opened IWR while 158 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
IWR’s largest tracked holder by dollar value, JONES FINANCIAL COMPANIES LLLP, sizes it at 4.3% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 3.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IWR 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 1503 tracked filers holding IWR, 554 increased or opened the position and 648 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 IWR 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 26
- CIBC Bancorp USA Inc.$306M
- TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$273M
- INTRUST BANK NA$27M
- Krane Financial Solutions LLC$13M
- Klaas Financial Asset Advisors, LLC$10M
- Dickmeyer Boyce Financial Management, Inc.$7M
Full exits 40
- CIBC Private Wealth Group LLC$303M
- COMERICA BANK$53M
- NewEdge Advisors, LLC$29M
- AXXCESS WEALTH MANAGEMENT, LLC$12M
- BRIGHTON JONES LLC$10M
- SAWGRASS ASSET MANAGEMENT LLC$9M
Largest adds
- JONES FINANCIAL COMPANIES LLLP$1.3B
- WELLS FARGO & COMPANY/MN$151M
- UBS Group AG$126M
- NATIXIS ADVISORS, LLC$95M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$94M
- Mesirow Financial Investment Management, Inc.$80M
Largest trims
- TIAA TRUST, NATIONAL ASSOCIATION$278M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$31M
- PRINCIPAL FINANCIAL GROUP INC$24M
- BNP PARIBAS FINANCIAL MARKETS$21M
- Equitable Holdings, Inc.$19M
- Envestnet Portfolio Solutions, Inc.$16M
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 |
|---|---|---|---|---|
| JONES FINANCIAL COMPANIES LLLP added | 92,963,542 | $8.9B | 23.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 65,876,235 | $6.4B | 16.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 42,826,207 | $4.2B | 11.0% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 12,921,085 | $1.3B | 3.3% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 12,333,478 | $1.2B | 3.2% | 2026-Q1 |
| MORGAN STANLEY added | 10,986,837 | $1.1B | 2.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 10,727,281 | $1.0B | 2.8% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 10,185,510 | $990M | 2.6% | 2026-Q1 |
| Baird Financial Group, Inc. added | 8,969,908 | $872M | 2.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 7,874,760 | $766M | 2.0% | 2026-Q1 |
| UBS Group AG added | 7,245,637 | $704M | 1.9% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 6,910,983 | $655M | 1.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 4,471,361 | $435M | 1.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 4,177,265 | $406M | 1.1% | 2026-Q1 |
| FMR LLC added | 4,086,186 | $397M | 1.1% | 2026-Q1 |
| AMG National Trust Bank added | 3,889,097 | $378M | 1.0% | 2026-Q1 |
| LPL Financial LLC added | 3,755,593 | $365M | 1.0% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 3,149,904 | $306M | 0.8% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 3,016,398 | $293M | 0.8% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 2,915,275 | $283M | 0.7% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC added | 2,907,847 | $283M | 0.7% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 2,811,404 | $273M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,800,579 | $272M | 0.7% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 2,547,979 | $248M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 2,133,527 | $207M | 0.5% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,966,876 | $191M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,966,484 | $191M | 0.5% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 1,904,995 | $185M | 0.5% | 2026-Q1 |
| Mariner, LLC trimmed | 1,748,719 | $170M | 0.4% | 2026-Q1 |
| KEYBANK NATIONAL ASSOCIATION/OH trimmed | 1,567,151 | $152M | 0.4% | 2026-Q1 |
| COMMERCE BANK trimmed | 1,477,948 | $144M | 0.4% | 2026-Q1 |
| Glenview Trust Co added | 1,350,641 | $131M | 0.3% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. added | 1,253,521 | $122M | 0.3% | 2026-Q1 |
| OAKWORTH CAPITAL, INC. added | 1,215,916 | $118M | 0.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,197,713 | $116M | 0.3% | 2026-Q1 |
| Mesirow Financial Investment Management, Inc. added | 1,126,058 | $109M | 0.3% | 2026-Q1 |
| Waverly Advisors, LLC added | 1,098,953 | $107M | 0.3% | 2026-Q1 |
| First Western Trust Bank trimmed | 1,040,186 | $101M | 0.3% | 2026-Q1 |
| ALERUS FINANCIAL NA added | 979,450 | $95M | 0.3% | 2026-Q1 |
| UMB Bank, n.a. trimmed | 964,881 | $94M | 0.2% | 2026-Q1 |
| GERMAN AMERICAN BANCORP, INC. added | 961,460 | $93M | 0.2% | 2026-Q1 |
| Creative Planning added | 957,225 | $93M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 949,587 | $92M | 0.2% | 2026-Q1 |
| Lido Advisors, LLC added | 917,285 | $89M | 0.2% | 2026-Q1 |
| JMG Financial Group, Ltd. added | 916,371 | $89M | 0.2% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 916,341 | $89M | 0.2% | 2026-Q1 |
| WASHINGTON TRUST Co trimmed | 911,727 | $89M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 898,470 | $87M | 0.2% | 2026-Q1 |
| Atlantic Union Bankshares Corp trimmed | 866,594 | $84M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 863,947 | $84M | 0.2% | 2026-Q1 |
| ALBION FINANCIAL GROUP /UT added | 857,371 | $83M | 0.2% | 2026-Q1 |
| Clearstead Advisors, LLC added | 768,730 | $75M | 0.2% | 2026-Q1 |
| Catalyst Capital Advisors LLC added | 768,475 | $75M | 0.2% | 2026-Q1 |
| Millburn Ridgefield LLC /DE/ added | 768,475 | $75M | 0.2% | 2026-Q1 |
| FACTORY MUTUAL INSURANCE CO | 758,700 | $74M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 745,064 | $72M | 0.2% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 725,457 | $71M | 0.2% | 2026-Q1 |
| NorthRock Partners, LLC trimmed | 707,769 | $69M | 0.2% | 2026-Q1 |
| International City Management Association Retirement Corp | 702,067 | $68M | 0.2% | 2026-Q1 |
| Badgley Phelps Wealth Managers, LLC added | 689,676 | $67M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 665,830 | $65M | 0.2% | 2026-Q1 |
| Citizens Business Bank trimmed | 650,511 | $63M | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 554,428 | $55M | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 554,250 | $54M | 0.1% | 2026-Q1 |
| FIRST FOUNDATION ADVISORS added | 553,804 | $54M | 0.1% | 2026-Q1 |
| STOCK YARDS BANK & TRUST CO added | 553,628 | $54M | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 519,587 | $51M | 0.1% | 2026-Q1 |
| Focus Partners Wealth added | 509,881 | $50M | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 507,219 | $49M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 488,467 | $47M | 0.1% | 2026-Q1 |
| River Wealth Advisors LLC added | 450,160 | $44M | 0.1% | 2026-Q1 |
| Composition Wealth, LLC trimmed | 441,120 | $43M | 0.1% | 2026-Q1 |
| MAI Capital Management trimmed | 439,030 | $43M | 0.1% | 2026-Q1 |
| Stegner Investment Associates Inc. trimmed | 420,379 | $41M | 0.1% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 419,131 | $41M | 0.1% | 2026-Q1 |
| M&T Bank Corp added | 412,319 | $40M | 0.1% | 2026-Q1 |
| Wilmington Savings Fund Society, FSB added | 410,635 | $40M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 375,884 | $37M | 0.1% | 2026-Q1 |
| BROWN ADVISORY INC added | 373,719 | $36M | 0.1% | 2026-Q1 |
| Legacy Edge Advisors, LLC added | 369,247 | $36M | 0.1% | 2026-Q1 |
| Consolidated Investment Group LLC added | 362,100 | $35M | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 356,993 | $35M | 0.1% | 2026-Q1 |
| BlackRock, Inc. trimmed | 347,973 | $34M | 0.1% | 2026-Q1 |
| Gilbert & Cook, Inc. trimmed | 345,099 | $34M | 0.1% | 2026-Q1 |
| Coastline Trust Co trimmed | 339,497 | $33M | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 331,521 | $32M | 0.1% | 2026-Q1 |
| TIAA TRUST, NATIONAL ASSOCIATION trimmed | 329,530 | $32M | 0.1% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 320,907 | $31M | 0.1% | 2026-Q1 |
| Dakota Wealth Management trimmed | 320,317 | $31M | 0.1% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 318,067 | $31M | 0.1% | 2026-Q1 |
| MCF Advisors LLC added | 317,294 | $31M | 0.1% | 2026-Q1 |
| REGIONS FINANCIAL CORP added | 316,754 | $31M | 0.1% | 2026-Q1 |
| Robertson Stephens Wealth Management, LLC added | 315,590 | $31M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 312,220 | $30M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 303,485 | $30M | 0.1% | 2026-Q1 |
| CIBC Private Wealth Group LLC added | 3,149,600 | $303M | 0.8% | 2025-Q4 stale |
| SYNOVUS FINANCIAL CORP added | 1,122,081 | $108M | 0.3% | 2025-Q3 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 1,054,593 | $97M | 0.3% | 2025-Q2 stale |
| COMERICA BANK trimmed | 555,003 | $53M | 0.1% | 2025-Q4 stale |
| Proficio Capital Partners LLC added | 426,784 | $41M | 0.1% | 2025-Q3 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.