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Institutional Ownership · SEC Form 13F

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.

203
Institutional holders
23M
Shares held (tracked funds)

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.

FundSharesReported value% of valueQuarter
Focus Partners Wealth new2,931,595$124M13.3%2026-Q2
BANK OF AMERICA CORP /DE/ added2,240,041$95M10.1%2026-Q2
LPL Financial LLC added2,032,593$86M9.2%2026-Q2
MORGAN STANLEY added1,918,907$81M8.7%2026-Q2
WELLS FARGO & COMPANY/MN trimmed1,167,917$49M5.3%2026-Q2
MML INVESTORS SERVICES, LLC added962,934$41M4.4%2026-Q2
RAYMOND JAMES FINANCIAL INC added512,061$22M2.3%2026-Q2
MinichMacGregor Wealth Management, LLC new496,666$21M2.2%2026-Q2
CITIGROUP INC trimmed481,515$20M2.2%2026-Q2
Advisory Services Network, LLC added480,676$20M2.2%2026-Q2
OSAIC HOLDINGS, INC. added397,755$17M1.8%2026-Q2
ROYAL BANK OF CANADA added384,670$16M1.7%2026-Q2
Zurich Insurance Group Ltd/FI trimmed366,090$15M1.7%2026-Q2
Camarda Financial Advisors, LLC trimmed342,521$14M1.6%2026-Q2
Equitable Holdings, Inc. added327,160$14M1.5%2026-Q2
Prospera Financial Services Inc added325,656$14M1.5%2026-Q2
GOLDMAN SACHS GROUP INC trimmed323,922$14M1.5%2026-Q2
UBS Group AG added249,851$11M1.1%2026-Q2
Three Seasons Wealth, LLC added249,263$11M1.1%2026-Q2
Orion Porfolio Solutions, LLC trimmed248,321$11M1.1%2026-Q2
Well Done, LLC new213,136$9M1.0%2026-Q2
BNP PARIBAS FINANCIAL MARKETS trimmed207,437$9M0.9%2026-Q2
ADVISORTRUST PARTNERS, LLC trimmed201,487$9M0.9%2026-Q2
Summit Financial Consulting LLC trimmed182,668$8M0.8%2026-Q2
ALTFEST L J & CO INC added179,776$8M0.8%2026-Q2
Trek Financial, LLC added176,767$7M0.8%2026-Q2
D. E. Shaw & Co., Inc. added176,664$7M0.8%2026-Q2
Sharp Wealth Advisory, LLC trimmed171,282$7M0.8%2026-Q2
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND163,500$7M0.7%2026-Q2
Measured Wealth Private Client Group, LLC new161,440$7M0.7%2026-Q2
Cadent Capital Advisors, LLC added153,743$7M0.7%2026-Q2
IMC-Chicago, LLC added148,022$6M0.7%2026-Q2
STIFEL FINANCIAL CORP added147,562$6M0.7%2026-Q2
CoreCap Advisors, LLC added145,979$6M0.7%2026-Q2
USA FINANCIAL FORMULAS new135,906$6M0.6%2026-Q2
Cetera Investment Advisers added132,366$6M0.6%2026-Q2
Baker Avenue Asset Management, LP added127,391$5M0.6%2026-Q2
Tower Research Capital LLC (TRC) added118,283$5M0.5%2026-Q2
VestGen Advisors, LLC trimmed110,390$5M0.5%2026-Q2
Integrated Advisors Network LLC added88,866$4M0.4%2026-Q2
PGIM Custom Harvest LLC added87,464$4M0.4%2026-Q2
Steward Partners Investment Advisory, LLC added85,806$4M0.4%2026-Q2
TRUIST FINANCIAL CORP added85,797$4M0.4%2026-Q2
JPMORGAN CHASE & CO added78,586$3M0.4%2026-Q2
JANE STREET GROUP, LLC trimmed77,897$3M0.4%2026-Q2
Merit Financial Group, LLC added77,514$3M0.4%2026-Q2
CROBAN trimmed75,844$3M0.3%2026-Q2
INDEPENDENT FINANCIAL GROUP, LLC added75,358$3M0.3%2026-Q2
FIG FINANCIAL ADVISORY SERVICES INC /ADV new74,602$3M0.3%2026-Q2
Destination Wealth Management added69,731$3M0.3%2026-Q2
Quadrature Capital Ltd added66,479$3M0.3%2026-Q2
Empowered Funds, LLC trimmed65,346$3M0.3%2026-Q2
Financial Management Professionals, Inc. added58,105$2M0.3%2026-Q2
Sanctuary Advisors, LLC added56,115$2M0.3%2026-Q2
Concurrent Investment Advisors, LLC trimmed52,295$2M0.2%2026-Q2
AMERIPRISE FINANCIAL INC added50,241$2M0.2%2026-Q2
Wealthstar Advisors, LLC new49,282$2M0.2%2026-Q2
GTS SECURITIES LLC added48,247$2M0.2%2026-Q2
Avior Wealth Management, LLC added48,192$2M0.2%2026-Q2
Wagner Wealth Management, Corp trimmed47,497$2M0.2%2026-Q2
SACKS & ASSOCIATES, LLC added44,326$2M0.2%2026-Q2
BANK OF MONTREAL /CAN/ trimmed42,676$2M0.2%2026-Q2
ENVESTNET ASSET MANAGEMENT INC added42,458$2M0.2%2026-Q2
ST GERMAIN D J CO INC trimmed42,025$2M0.2%2026-Q2
LEE JOHNSON CAPITAL MANAGEMENT, LLC trimmed40,170$2M0.2%2026-Q2
IFG Advisory, LLC new39,857$2M0.2%2026-Q2
Providence First Trust Co new37,805$2M0.2%2026-Q2
Rockefeller Capital Management L.P. trimmed37,581$2M0.2%2026-Q2
NBT BANK, N.A. trimmed37,284$2M0.2%2026-Q2
Corient Private Wealth LP35,531$2M0.2%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed33,174$1M0.2%2026-Q2
WESPAC Advisors, LLC added33,007$1M0.1%2026-Q2
CAPTRUST FINANCIAL ADVISORS added31,307$1M0.1%2026-Q2
SHP Wealth Management added31,169$1M0.1%2026-Q2
DAVENPORT & Co LLC added30,601$1M0.1%2026-Q2
Lakeshore Capital Group, Inc. trimmed30,527$1M0.1%2026-Q2
Outlook Wealth Advisors, LLC new29,843$1M0.1%2026-Q2
COMPASS FINANCIAL MANAGEMENT LLC new28,651$1M0.1%2026-Q2
JONES FINANCIAL COMPANIES LLLP added28,650$1M0.1%2026-Q2
HARMONY ASSET MANAGEMENT LLC added28,460$1M0.1%2026-Q2
Fiduciary Alliance LLC new28,008$1M0.1%2026-Q2
GeoWealth Management, LLC added27,647$1M0.1%2026-Q2
Kesler, Norman & Wride, LLC trimmed26,782$1M0.1%2026-Q2
Private Advisor Group, LLC added26,467$1M0.1%2026-Q2
Koshinski Asset Management, Inc. trimmed25,969$1M0.1%2026-Q2
Retirement Planning Group, LLC added25,848$1M0.1%2026-Q2
Ausdal Financial Partners, Inc. added25,188$1M0.1%2026-Q2
Balboa Wealth Partners trimmed25,166$1M0.1%2026-Q2
Brendel Financial Advisors LLC trimmed24,768$1M0.1%2026-Q2
Rothschild Wealth LLC added23,598$998K0.1%2026-Q2
MUIRFIELD WEALTH ADVISORS LLC new21,918$927K0.1%2026-Q2
Integrated Wealth Concepts LLC added21,739$920K0.1%2026-Q2
HARBOUR INVESTMENTS, INC. added20,321$860K0.1%2026-Q2
Atria Investments, Inc added20,282$858K0.1%2026-Q2
Baird Financial Group, Inc. new20,281$858K0.1%2026-Q2
Buck Wealth Strategies, LLC trimmed19,719$834K0.1%2026-Q2
Pathstone Holdings, LLC trimmed19,611$830K0.1%2026-Q2
XTX Topco Ltd new19,609$830K0.1%2026-Q2
Astoria Portfolio Advisors LLC. added19,590$829K0.1%2026-Q2
Nikulski Financial, Inc. trimmed18,833$797K0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership