IBHG · iShares iBonds 2027 Term High Yield and Income ETF · Holdings ETF

$21.76 +0.02 (+0.07%)

Volume · Oct 21 5234 Avg daily vol (3M) 135.42K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 24

Total Value: $7,391,934

Total Shares: 1,028,963

Institutional Ownership Trend

21 quarters

Holder Concentration

Across 24 13F filers · Δ vs Jun 30, 2026

Top Holder

66.2%

+18.0 pts

Top 5

100.0%

+19.5 pts

Top 10

100.0%

+10.6 pts

HHI

4,956

Highly concentrated+2,088

Who Holds IBHG

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 134 filers, like-for-like change +17.9%; actively managed books +20.6%; index-like books -27.2%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	40.2%	89	-13.4%	9	6
Bank	31.4%	8	+137.7%	2	1
Broker-dealer	8.8%	1	+9.4%	0	0
Holding company	3.8%	5	+73.0%	1	0
Unknown	15.8%	31	+5.3%	4	3

Style	Share	Filers	Change	New	Exited
Index-like	3.5%	4	-27.2%	0	0
Systematic-like	0.1%	1	-22.1%	0	0
Concentrated	34.9%	44	+13.7%	5	3
Diversified active	61.4%	85	+25.1%	11	7
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	76.9%	102	+18.7%	11	4
Medium turnover	18.5%	17	+11.6%	2	3
High turnover	1.7%	4	+11.7%	0	1
Unknown	2.9%	11	+49.4%	3	2
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	3.2%	11	+17.0%	3	3
Medium horizon	11.4%	25	-33.0%	4	2
Long horizon	84.8%	96	+32.5%	8	5
Unknown	0.5%	2	-47.7%	1	0
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	25.5%	56	+13.6%	6	5
$1B to $10B	21.6%	34	+10.8%	5	4
$10B to $100B	15.4%	28	-6.2%	4	0
$100B or more	37.5%	16	+41.6%	1	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	38.9%	81	-14.8%	7	6
Pooled investment vehicles	0.1%	1	-22.1%	0	0
Registered funds and BDCs	0.5%	2	new	2	0
Pension and profit sharing plans	0.3%	3	-2.7%	0	0
Other investment advisers	0.1%	1	+148.3%	0	0
Other	0.3%	1	+21.3%	0	0
Unknown	59.8%	45	+55.8%	7	4

Private funds	Share	Filers	Change	New	Exited
Hedge funds	1.0%	4	-21.5%	0	1
Private equity funds	0.4%	2	+15.0%	0	0
Real estate funds	0.8%	1	+2.7%	0	0
Other private funds	1.1%	9	-69.2%	2	0
Mixed private funds	0.0%	0	—	0	0
No private funds	36.9%	73	-8.5%	7	5
Private funds, type not stated	0.0%	0	—	0	0
Unknown	59.8%	45	+55.8%	7	4

Location	Share	Filers	Change	New	Exited
United States	81.2%	129	+7.4%	14	9
Outside the US	18.8%	5	+103.3%	2	1

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-03-31 13F and 1 holder with no observed 2026-06-30 13F.

Conviction and Crowding

134 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

17.2% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.292%

Mar 31, 2026: 0

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

63.9%

of 13F shares, Herfindahl 0.061

Active holders

+20.6%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 10.5 quarters

Under 1 year 10.9% 1 to 3 years 62.9% 3 years or more 26.1% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $398,146 (1 buying, 0 selling).

Fund Ownership of IBHG by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 70,995 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	70,995	1
Active ETFs	0	0
Active funds	0	0
Unclassified	57,716	2
All registered funds	128,711	3

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -111

Institutional value: -90.9%

Shares held: -92.8%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Small PHILLIPS FINANCIAL MANAGEMENT, LLC	+36,119	66,119
Small Ironwood Financial, llc	+25,350	224,667
Large Concurrent Investment Advisors, LLC	+9,253	212,680
Small Guidance Point Advisors, LLC	+9,103	40,480
Small Walser Wealth Management Company, A Ltd Liability Co	+6,875	82,493

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Small Commonwealth Financial Services, LLC	−58,884	61,519
Large Farther Finance Advisors, LLC	−1,740	15,897
Micro RIVER'S EDGE WEALTH MANAGEMENT, LLC	−408	19,311
Small Tempus Wealth Planning, LLC	−226	24,148
Small Klaas Financial Asset Advisors, LLC	−101	26,798

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)	Open
Large TD Waterhouse Canada Inc.	7,272	$0

Top Sold-Out Positions

vs Jun 30, 2026

No fully closed positions this quarter.

Filter: New 1 Increased 12 Reduced 5 Sold out 0 Unchanged 6

Holder type: Registered adviser 21 Unknown 3

Showing 24 of 24

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Ironwood Financial, llc IBHG

$4,893,247

66.20%

224,667

Commonwealth Financial Services, LLC IBHG

$1,339,883

18.13%

61,519

FOCUSED ALPHA, LLC IBHG

$1,158,804

15.68%

53,205

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC IBHG

—

10,851

IFP Advisors, Inc IBHG

—

55,099

Walser Wealth Management Company, A Ltd Liability Co IBHG

—

82,493

Blue Trust, Inc. IBHG

—

905

Farther Finance Advisors, LLC IBHG

—

15,897

TD Waterhouse Canada Inc. IBHG

—

7,272

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	7,272	$0	—	Defined

Windsor Capital Management, LLC IBHG

—

16,467

1900 WEALTH MANAGEMENT LLC IBHG

—

10,359

NFSG Corp IBHG

—

1,580

Concurrent Investment Advisors, LLC IBHG

—

212,680

Bullock Wealth Management Group IBHG

—

31,710

Moisand Fitzgerald Tamayo, LLC IBHG

—

800

PHILLIPS FINANCIAL MANAGEMENT, LLC IBHG

—

66,119

Klaas Financial Asset Advisors, LLC IBHG

—

26,798

Cherry Tree Wealth Management, LLC IBHG

—

225

GAMMA Investing LLC IBHG

—

15,213

Activest Wealth Management IBHG

—

6,740

Tempus Wealth Planning, LLC IBHG

—

24,148

RIVER'S EDGE WEALTH MANAGEMENT, LLC IBHG

—

19,311

Aspen Wealth Management LLC IBHG

—

44,425

Guidance Point Advisors, LLC IBHG

—

40,480