Who owns iShares U.S. Telecommunications ETF (IYZ)
Which tracked institutional funds hold IYZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IYZ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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
68 tracked funds added or opened IYZ while 28 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
IYZ’s largest tracked holder by dollar value, Focus Partners Wealth, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IYZ 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 203 tracked filers holding IYZ, 122 increased or opened the position and 69 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 IYZ 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 28
- Focus Partners Wealth$124M
- MinichMacGregor Wealth Management, LLC$21M
- Camarda Financial Advisors, LLC$14M
- Well Done, LLC$9M
- Trek Financial, LLC$7M
- D. E. Shaw & Co., Inc.$7M
Full exits 13
- PINKERTON WEALTH, LLC$59M
- Independent Advisor Alliance$15M
- Cambridge Investment Research Advisors, Inc.$13M
- RPS ADVISORY SOLUTIONS LLC$9M
- CITADEL ADVISORS LLC$3M
- BALYASNY ASSET MANAGEMENT L.P.$2M
Largest adds
- MML INVESTORS SERVICES, LLC$40M
- BANK OF AMERICA CORP /DE/$25M
- LPL Financial LLC$18M
- Prospera Financial Services Inc$13M
- OSAIC HOLDINGS, INC.$11M
- RAYMOND JAMES FINANCIAL INC$9M
Largest trims
- CITIGROUP INC$27M
- WELLS FARGO & COMPANY/MN$15M
- WealthCare Asset Management, LLC$9M
- BNP PARIBAS FINANCIAL MARKETS$7M
- ADVISORTRUST PARTNERS, LLC$4M
- JANE STREET GROUP, LLC$1M
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 |
|---|---|---|---|---|
| Focus Partners Wealth new | 2,931,595 | $124M | 13.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,240,041 | $95M | 10.1% | 2026-Q2 |
| LPL Financial LLC added | 2,032,593 | $86M | 9.2% | 2026-Q2 |
| MORGAN STANLEY added | 1,918,907 | $81M | 8.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,167,917 | $49M | 5.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 962,934 | $41M | 4.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 512,061 | $22M | 2.3% | 2026-Q2 |
| MinichMacGregor Wealth Management, LLC new | 496,666 | $21M | 2.2% | 2026-Q2 |
| CITIGROUP INC trimmed | 481,515 | $20M | 2.2% | 2026-Q2 |
| Advisory Services Network, LLC added | 480,676 | $20M | 2.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 397,755 | $17M | 1.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 384,670 | $16M | 1.7% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI trimmed | 366,090 | $15M | 1.7% | 2026-Q2 |
| Camarda Financial Advisors, LLC trimmed | 342,521 | $14M | 1.6% | 2026-Q2 |
| Equitable Holdings, Inc. added | 327,160 | $14M | 1.5% | 2026-Q2 |
| Prospera Financial Services Inc added | 325,656 | $14M | 1.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 323,922 | $14M | 1.5% | 2026-Q2 |
| UBS Group AG added | 249,851 | $11M | 1.1% | 2026-Q2 |
| Three Seasons Wealth, LLC added | 249,263 | $11M | 1.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 248,321 | $11M | 1.1% | 2026-Q2 |
| Well Done, LLC new | 213,136 | $9M | 1.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 207,437 | $9M | 0.9% | 2026-Q2 |
| ADVISORTRUST PARTNERS, LLC trimmed | 201,487 | $9M | 0.9% | 2026-Q2 |
| Summit Financial Consulting LLC trimmed | 182,668 | $8M | 0.8% | 2026-Q2 |
| ALTFEST L J & CO INC added | 179,776 | $8M | 0.8% | 2026-Q2 |
| Trek Financial, LLC added | 176,767 | $7M | 0.8% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 176,664 | $7M | 0.8% | 2026-Q2 |
| Sharp Wealth Advisory, LLC trimmed | 171,282 | $7M | 0.8% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 163,500 | $7M | 0.7% | 2026-Q2 |
| Measured Wealth Private Client Group, LLC new | 161,440 | $7M | 0.7% | 2026-Q2 |
| Cadent Capital Advisors, LLC added | 153,743 | $7M | 0.7% | 2026-Q2 |
| IMC-Chicago, LLC added | 148,022 | $6M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 147,562 | $6M | 0.7% | 2026-Q2 |
| CoreCap Advisors, LLC added | 145,979 | $6M | 0.7% | 2026-Q2 |
| USA FINANCIAL FORMULAS new | 135,906 | $6M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 132,366 | $6M | 0.6% | 2026-Q2 |
| Baker Avenue Asset Management, LP added | 127,391 | $5M | 0.6% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 118,283 | $5M | 0.5% | 2026-Q2 |
| VestGen Advisors, LLC trimmed | 110,390 | $5M | 0.5% | 2026-Q2 |
| Integrated Advisors Network LLC added | 88,866 | $4M | 0.4% | 2026-Q2 |
| PGIM Custom Harvest LLC added | 87,464 | $4M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 85,806 | $4M | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 85,797 | $4M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 78,586 | $3M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 77,897 | $3M | 0.4% | 2026-Q2 |
| Merit Financial Group, LLC added | 77,514 | $3M | 0.4% | 2026-Q2 |
| CROBAN trimmed | 75,844 | $3M | 0.3% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 75,358 | $3M | 0.3% | 2026-Q2 |
| FIG FINANCIAL ADVISORY SERVICES INC /ADV new | 74,602 | $3M | 0.3% | 2026-Q2 |
| Destination Wealth Management added | 69,731 | $3M | 0.3% | 2026-Q2 |
| Quadrature Capital Ltd added | 66,479 | $3M | 0.3% | 2026-Q2 |
| Empowered Funds, LLC trimmed | 65,346 | $3M | 0.3% | 2026-Q2 |
| Financial Management Professionals, Inc. added | 58,105 | $2M | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 56,115 | $2M | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 52,295 | $2M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 50,241 | $2M | 0.2% | 2026-Q2 |
| Wealthstar Advisors, LLC new | 49,282 | $2M | 0.2% | 2026-Q2 |
| GTS SECURITIES LLC added | 48,247 | $2M | 0.2% | 2026-Q2 |
| Avior Wealth Management, LLC added | 48,192 | $2M | 0.2% | 2026-Q2 |
| Wagner Wealth Management, Corp trimmed | 47,497 | $2M | 0.2% | 2026-Q2 |
| SACKS & ASSOCIATES, LLC added | 44,326 | $2M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 42,676 | $2M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 42,458 | $2M | 0.2% | 2026-Q2 |
| ST GERMAIN D J CO INC trimmed | 42,025 | $2M | 0.2% | 2026-Q2 |
| LEE JOHNSON CAPITAL MANAGEMENT, LLC trimmed | 40,170 | $2M | 0.2% | 2026-Q2 |
| IFG Advisory, LLC new | 39,857 | $2M | 0.2% | 2026-Q2 |
| Providence First Trust Co new | 37,805 | $2M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 37,581 | $2M | 0.2% | 2026-Q2 |
| NBT BANK, N.A. trimmed | 37,284 | $2M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP | 35,531 | $2M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 33,174 | $1M | 0.2% | 2026-Q2 |
| WESPAC Advisors, LLC added | 33,007 | $1M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 31,307 | $1M | 0.1% | 2026-Q2 |
| SHP Wealth Management added | 31,169 | $1M | 0.1% | 2026-Q2 |
| DAVENPORT & Co LLC added | 30,601 | $1M | 0.1% | 2026-Q2 |
| Lakeshore Capital Group, Inc. trimmed | 30,527 | $1M | 0.1% | 2026-Q2 |
| Outlook Wealth Advisors, LLC new | 29,843 | $1M | 0.1% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 28,651 | $1M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 28,650 | $1M | 0.1% | 2026-Q2 |
| HARMONY ASSET MANAGEMENT LLC added | 28,460 | $1M | 0.1% | 2026-Q2 |
| Fiduciary Alliance LLC new | 28,008 | $1M | 0.1% | 2026-Q2 |
| GeoWealth Management, LLC added | 27,647 | $1M | 0.1% | 2026-Q2 |
| Kesler, Norman & Wride, LLC trimmed | 26,782 | $1M | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 26,467 | $1M | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. trimmed | 25,969 | $1M | 0.1% | 2026-Q2 |
| Retirement Planning Group, LLC added | 25,848 | $1M | 0.1% | 2026-Q2 |
| Ausdal Financial Partners, Inc. added | 25,188 | $1M | 0.1% | 2026-Q2 |
| Balboa Wealth Partners trimmed | 25,166 | $1M | 0.1% | 2026-Q2 |
| Brendel Financial Advisors LLC trimmed | 24,768 | $1M | 0.1% | 2026-Q2 |
| Rothschild Wealth LLC added | 23,598 | $998K | 0.1% | 2026-Q2 |
| MUIRFIELD WEALTH ADVISORS LLC new | 21,918 | $927K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 21,739 | $920K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 20,321 | $860K | 0.1% | 2026-Q2 |
| Atria Investments, Inc added | 20,282 | $858K | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. new | 20,281 | $858K | 0.1% | 2026-Q2 |
| Buck Wealth Strategies, LLC trimmed | 19,719 | $834K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 19,611 | $830K | 0.1% | 2026-Q2 |
| XTX Topco Ltd new | 19,609 | $830K | 0.1% | 2026-Q2 |
| Astoria Portfolio Advisors LLC. added | 19,590 | $829K | 0.1% | 2026-Q2 |
| Nikulski Financial, Inc. trimmed | 18,833 | $797K | 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.