IOT ranks #1050 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
IOT is a disclosed holding of Baillie Gifford (Baillie Gifford & Co.), one of the tracked superinvestors on AlphaSMO — it makes up 1.7% of that fund's own 13F portfolio.
IOT is a top-conviction position for Jordan Park Trust Co LLC — at 93.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in IOT belongs to Baillie Gifford & Co, but the position matters far more to Jordan Park Trust Co LLC, who has 93.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Price T Rowe Associates Inc /md/ has added to its IOT position for two straight quarters, increasing it by $1.1B to reach $1.6B today.
Sands Capital Management, LLC has trimmed its IOT position for two straight quarters, cutting it by $309.9M while still holding $368.0M.
IOT is down 1.7% today, but institutions show net buying of $1.9B this quarter — a divergence between today's price move and the underlying institutional flow.