Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (IWB)

1K + Investors. Track Smart Money conviction in IWB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — IWB

Based on 1463 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their IWB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
1,463 hedge funds hold IWB 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.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+149 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 46% buying

528 buying621 selling
Last quarter: 621 funds reduced or exited vs 528 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-47 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 138 → 101 → 154 → 107. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 18% medium ■ 13% new
1,002 out of 1,463 hedge funds have held IWB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~107 new funds/quarter

100 → 138 → 101 → 154 → 107 new funds/Q
New funds entering each quarter: 138 → 101 → 154 → 107. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 70% veterans vs 19% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 19% new
Entry-cohort mix of 1,468 holders: 1,025 (70%) are 2+ year veterans, 171 entered 1–2 years ago, and 272 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
40 of 1460 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in IWB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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.

Institutional Sentiment Summary — IWB

In 2026 Q1, 528 hedge funds were net buyers of IWB (107 opened a new position, 421 added to an existing one), while 621 reduced or exited (506 trimmed, 115 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 51% of total institutional value in IWB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 1463.

Hedge Fund Ownership: IWB

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

Market Analysis: IWB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IWB

-- --

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

Is It Too Late to Buy Ishares Tr (IWB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IWB has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
IWB
+13.8%
SPY
+14.1%

IWB outperformed SPY by -0.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
IWB
+0.8%
SPY
+0.3%

Since the filing became public, IWB outperformed SPY by +0.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

43 top-rated funds 37 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: IWB
1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1449 1471 -1.5%
13F Shares 96M 97M -0.89%
Total Value $34.04B $36.11B -5.73%
New Positions 103 154 -51
Increased Positions 414 405 +9
Closed Positions 125 82 +43
Reduced Positions 500 489 +11
Total Calls 3 3 -
Total Puts 3 4 -25.0%
PUT/CALL Ratio 1.0 1.33 Neutral

Statistics: IWB

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Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

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

QUARTER:
Top 25 IWB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fiduciary Counselling Inc 32.18% 32,448 $11.6M
2 MPS Loria Financial Planners, LLC 32.07% 340,935 $121.6M
3 Brewster Financial Planning LLC 25.88% 119,982 $42.8M
4 Hippocratic Financial Advisors, LLC 23.96% 153,195 $54.6M
5 Hoge Financial Services, LLC 21.49% 112,594 $40.1M
6 Gray Private Wealth, LLC 15.29% 85,266 $30.4M
7 Sentinel Wealth Management, INC. 14.76% 51,754 $18.5M
8 Legacy Wealth Management, LLC 14.73% 708,202 $252.5M
9 Red Cedar Investment Management, LLC 14.61% 395,325 $141.0M
10 Arbor Investment Advisors, LLC 13.51% 290,982 $103.8M
11 Millburn Ridgefield LLC /DE/ 12.59% 1,641,733 $585.4M
12 Napier Financial, LLC 12.46% 152,330 $54.3M
13 Capstone Financial Advisors, Inc. 12.41% 646,320 $230.5M
14 Mullaney, Keating & Wright, Inc. 11.91% 54,586 $17.2M
15 Formulate Financial LLC 11.41% 25,921 $9.2M
16 Mason & Associates Inc 11.08% 164,995 $57.2M
17 Catalyst Capital Advisors LLC 10.90% 1,641,733 $585.4M
18 Chartist Inc /Ca/ 10.05% 39,253 $14.0M
19 Nicholson Meyer Capital Management, Inc. 10.05% 36,748 $13.1M
20 Paragon Capital Management LLC 9.58% 54,299 $19.4M
21 Northstar Financial Companies, Inc. 9.43% 33,254 $11.9M
22 Act Wealth Management, LLC 9.30% 77,651 $27.7M
23 Franklin, Parlapiano, Turner & Welch, LLC 8.60% 93,093 $36.1M
24 Enclave Advisors LLC 7.90% 161,579 $57.6M
25 Latigo Investments, LLC 7.56% 42,556 $15.2M
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 — Ishares Tr (IWB)

What does the Smart Money Trend signal show for IWB?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their IWB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for IWB?

More sellers than buyers — 46% buying: Last quarter: 621 funds reduced or exited vs 528 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for IWB holders?

Elite ownership — 51% AUM from top-100 funds: 40 of 1460 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in IWB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held IWB?

68% of holders stayed for 2+ years: 1,002 out of 1,463 hedge funds have held IWB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Ishares Tr (IWB) following the 2026 Q1 hedge fund 13F filings?

As of today, IWB has moved +0.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +0.5%. Since the quarter end (March 31, 2026), IWB has gained +13.8% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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