Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO NASDAQ BIOTECHNOLOGY ETF (IBBQ)

28 + Investors. Track Smart Money conviction in IBBQ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
2Q ▲
Buyers last Q
66%

Smart Money Signals — IBBQ

Based on 28 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added IBBQ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
28 hedge funds hold IBBQ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +33% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+33% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

19 buying10 selling
Last quarter: 19 funds were net buyers (16 opened a brand new position + 3 added to an existing one). Only 10 were sellers (3 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new IBBQ position: 3 → 5 → 6 → 16. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 32% long-term, 61% new

■ 32% conviction (2yr+) ■ 7% medium ■ 61% new
Of the 28 current holders: 9 (32%) held >2 years, 2 held 1–2 years, and 17 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +143% but shares only +108% — price-driven

Value
+143%
Shares
+108%
Last quarter: the total dollar value of institutional holdings rose +143%, but actual share count only changed +108%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

5 → 3 → 5 → 6 → 16 new funds/Q
New funds entering each quarter: 3 → 5 → 6 → 16. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 61% of holders entered in last year

■ 32% veterans ■ 7% 1-2yr ■ 61% new
Of 28 current holders: 17 (61%) entered in the past year, only 9 (32%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
3 of 28 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: IBBQ

How many hedge funds hold IBBQ — quarterly history vs. share price
Quarterly hedge fund ownership of IBBQ vs. share price

Market Analysis: IBBQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IBBQ

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: IBBQ
2026 Q1 Stats Unlock in 16 days 28 + Investors

Track Smart Money conviction in IBBQ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 28 19 47.37%
13F Shares 676K 325K 108.16%
Total Value $19M $8M 143.3%
New Positions 16 6 +10
Increased Positions 3 3 -
Closed Positions 7 5 +2
Reduced Positions 3 2 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IBBQ

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

28 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in IBBQ. Verified SEC 13F-HR filings.

Top 14 institutional holders of IBBQ — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WMS Group LLC 2.50% 59,416 $1.7M
2 Ignite Planners, LLC 0.03% 7,702 $223K
3 Breakwater Capital Group 0.03% 6,906 $200K
4 Concurrent Investment Advisors, LLC 0.00% 14,701 $426K
5 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 110,008 $3.2M
6 Portus Wealth Advisors, LLC 0.00% 130 $4K
7 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% 1,451 $42K
8 Ascentis Independent Advisors 0.00% 1,067 $31K
9 Farmers & Merchants Trust Co of Chambersburg PA 0.00% 200 —
10 Sound Income Strategies, LLC 0.00% 799 $23K
11 Princeton Global Asset Management LLC 0.00% 200 $6K
12 WealthShield Partners, LLC 0.00% 100 $3K
13 Meramec Financial Planners, LLC 0.00% 25 —
14 Farther Finance Advisors, LLC 0.00% 300 $9K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — INVESCO NASDAQ BIOTECHNOLOGY ETF (IBBQ)

What does the Smart Money Trend signal show for IBBQ?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added IBBQ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for IBBQ?

More buyers than sellers — 66% buying: Last quarter: 19 funds were net buyers (16 opened a brand new position + 3 added to an existing one). Only 10 were sellers (3 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for IBBQ holders?

Smaller funds dominant — 7% AUM from top-100: 3 of 28 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held IBBQ?

Mixed — 32% long-term, 61% new: Of the 28 current holders: 9 (32%) held >2 years, 2 held 1–2 years, and 17 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.