Smart Money Radar / Tickers / IP

IP Materials

CROWD: GREEN Quiet institutional ownership. No unusual crowd behavior in the latest filings.
Active holders
553
of 828 total, index funds excluded
This quarter
+77
119 out
Conviction
1 bps
median holder weight: token bet
Streak
0q
consecutive rising quarters

The crowd, 2016 to now

active holders per quarter
2016Mar 2026
Holdings as of Mar 31, 2026, filed by May 16, 2026. Counts for the newest quarter keep settling for a few weeks as amendments land.

The tide

funds in (up) vs out (down)
Jun 23 Mar 26

Top holders

by reported value · $18.2B held
FundValueNote
Capital Research Global Inv… $2.8B
PRICE T ROWE ASSOCIATES INC… $1.8B
BlackRock, Inc. $1.7B
Capital International Inves… $1.3B
VANGUARD CAPITAL MANAGEMENT… $1.2B
STATE STREET CORP $1.1B
VANGUARD PORTFOLIO MANAGEME… $892M
GEODE CAPITAL MANAGEMENT, L… $493M
Bank of New York Mellon Corp $486M
Invesco Ltd. $446M

Tourists vs true believers

every holder a dot · right = bigger bet in their own book, up = patient money
TOURISTS: small bets, fast churn BELIEVERS: real weight, patient books POSITION WEIGHT IN THE HOLDER'S OWN BOOK (LOG) PATIENCE
Hover any dot for the fund and its bet size. Patience is measured from each filer's actual quarter-to-quarter turnover across our whole database.