INTERNATIONAL BANCSHARES COR IBOC
COM · Common Stock · CUSIP 459044103
American financial services company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.3m this quarter). Holder counts are more reliable. Shares outstanding: 62.2m as of 2024-11-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $63.16. Options: 1 managers hold calls ($0 notional), 2 hold puts ($6.3k).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 175 |
| Q4 2022 | 196 |
| Q1 2023 | 188 |
| Q2 2023 | 192 |
| Q3 2023 | 186 |
| Q4 2023 | 201 |
| Q1 2024 | 199 |
| Q2 2024 | 210 |
| Q3 2024 | 237 |
| Q4 2024 | 243 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 103 | 89 |
| Q2 2023 | 82 | 96 |
| Q3 2023 | 74 | 98 |
| Q4 2023 | 103 | 83 |
| Q1 2024 | 92 | 85 |
| Q2 2024 | 93 | 87 |
| Q3 2024 | 108 | 98 |
| Q4 2024 | 122 | 99 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $117.9k | $0 | 0.00 |
| Q2 2024 | $114.4k | $131.6k | 1.15 |
| Q3 2024 | $0 | $0 | — |
| Q4 2024 | $0 | $6.3k | — |
Biggest buyers
| AMERICAN CENTURY COMPANIES INC | Added | +636.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +328.7k |
| FIRST TRUST ADVISORS LP | Added | +255.1k |
| Boston Trust Walden Corp | Added | +144.7k |
| JACOBS ASSET MANAGEMENT, LLC | New | +120.0k |
| UBS Group AG | Added | +108.2k |
| STATE STREET CORP | Added | +104.2k |
| DENALI ADVISORS LLC | Added | +96.3k |
| BlackRock, Inc. | Added | +90.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +81.4k |
Biggest sellers
| North Reef Capital Management LP | Sold out | -397.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -391.3k |
| Invesco Ltd. | Reduced | -302.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -222.7k |
| Azora Capital LP | Reduced | -167.9k |
| Bank of New York Mellon Corp | Reduced | -133.4k |
| T. Rowe Price Investment Management, Inc. | Reduced | -124.8k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -95.2k |
| JPMORGAN CHASE & CO | Reduced | -86.2k |
| JANE STREET GROUP, LLC | Reduced | -40.5k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $6.3k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
| AMERICAN CENTURY INVESTMENT MANAGEMENT INC 13G · institution new · filed 2026-02-13 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2025-10-09 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 1 | $1.4k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $12.9m | — |
| Q1 2024 | 0 | — | 1 | $2.2m | — |
| Q2 2024 | 0 | — | 1 | $4.7m | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $7.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-13 | NIXON DENNIS E CEO, director · Held by Partnership | Sold | $4.7m65.2k shares |
| 2024-11-12 | NIXON DENNIS E CEO, director · Held by Partnership | Sold | $2.5m34.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 6.9m $435.8m | Added +90.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.4m $404.7m | Added +18.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.6m $229.0m | Reduced -95.2k |
| STATE STREET CORP 0.01% of their portfolio | 2.7m $168.5m | Added +104.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.1m $131.3m | Added +81.4k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 1.8m $110.7m | Added +636.5k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 1.5m $91.6m | Added +255.1k |
| Boston Trust Walden Corp 0.63% of their portfolio | 1.4m $89.2m | Added +144.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $85.0m | Reduced -7.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 844.5k $53.3m | Added +79.8k |
| Azora Capital LP 2.09% of their portfolio | 737.6k $46.6m | Reduced -167.9k |
| REINHART PARTNERS, LLC. 1.67% of their portfolio | 687.2k $43.4m | Added +5.0k |
| Polaris Capital Management, LLC 2.07% of their portfolio | 677.8k $42.8m | Reduced -29.6k |
| NORGES BANK 0.01% of their portfolio | 631.9k $39.9m | Added +28.0k |
| Tamar Securities, LLC 5.31% of their portfolio | 608.7k $38.4m | Added +6.5k |
| Invesco Ltd. 0.01% of their portfolio | 557.9k $35.2m | Reduced -302.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 541.0k $34.2m | Reduced -274 |
| Bank of New York Mellon Corp 0.01% of their portfolio | 497.4k $31.4m | Reduced -133.4k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 401.1k $25.3m | Reduced -124.8k |
| MORGAN STANLEY 0.00% of their portfolio | 368.0k $23.2m | Reduced -31.7k |
| PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio | 358.7k $22.7m | Reduced -2.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 346.2k $21.9m | Added +328.7k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 344.6k $21.8m | Added +7.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 318.5k $20.1m | Added +2.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 264.4k $16.7m | Reduced -86.2k |
| SOL Capital Management CO 1.49% of their portfolio | 211.5k $13.4m | Reduced -20.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 189.8k $12.0m | Reduced -551 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 177.7k $11.2m | Reduced -4.4k |
| Foundry Partners, LLC 0.54% of their portfolio | 170.4k $10.8m | Added +20.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 163.7k $10.3m | Added +42.4k |
| UBS Group AG 0.00% of their portfolio | 158.5k $10.0m | Added +108.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 152.9k $9.7m | Added +3.0k |
| Brandywine Global Investment Management, LLC 0.07% of their portfolio | 150.5k $9.5m | Reduced -6.8k |
| Kovack Advisors, Inc. 0.91% of their portfolio | 147.0k $9.3m | Reduced -3.0k |
| ALGERT GLOBAL LLC 0.21% of their portfolio | 138.6k $8.8m | Added +22.1k |
| Eldred Rock Partners, LLC 2.97% of their portfolio | 136.8k $8.6m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 135.0k $8.5m | Added +23.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 131.5k $8.3m | Reduced -5.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 127.8k $8.1m | Added +2.2k |
| JACOBS ASSET MANAGEMENT, LLC 4.84% of their portfolio | 120.0k $7.6m | New |
| Swiss National Bank 0.00% of their portfolio | 110.1k $7.0m | Added +800 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 106.7k $6.7m | Reduced -222.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio | 104.2k $6.6m | Added +57.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 103.8k $6.6m | Added +29.8k |
| DENALI ADVISORS LLC 0.67% of their portfolio | 101.0k $6.4m | Added +96.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 95.2k $6.0m | Reduced -3.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 91.4k $5.8m | Added +74.9k |
| MALTESE CAPITAL MANAGEMENT LLC 0.88% of their portfolio | 90.9k $5.7m | Added +22.3k |
| Legal & General Group Plc 0.00% of their portfolio | 88.9k $5.6m | Added +2.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 87.5k $5.5m | Reduced -4.4k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 87.0k $5.5m | Reduced -4.7k |
| CITIGROUP INC 0.01% of their portfolio | 82.7k $5.2m | Added +5.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 81.8k $5.2m | Added +44.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 70.4k $4.4m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 69.9k $4.4m | Added +18.0k |
| GW&K Investment Management, LLC 0.04% of their portfolio | 69.0k $4.4m | Reduced -5.0k |
| Retirement Systems of Alabama 0.02% of their portfolio | 65.0k $4.1m | Added +74 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 62.2k $3.9m | Reduced -1.5k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 61.8k $3.9m | Added +3.9k |
| HARBOR CAPITAL ADVISORS, INC. 0.16% of their portfolio | 57.7k $3.6m | Added +2.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 57.6k $3.6m | Reduced -909 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 56.5k $3.6m | Reduced -2.5k |
| Cresta Advisors, Ltd. 1.76% of their portfolio | 56.4k $3.4m | Unchanged |
| HRT FINANCIAL LP 0.02% of their portfolio | 55.8k $3.5m | Added +34.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 54.2k $3.4m | Added +388 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 52.3k $3.3m | Added +10.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 52.2k $3.3m | Reduced -596 |
| Westover Capital Advisors, LLC 0.67% of their portfolio | 48.1k $3.0m | Reduced -693 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 44.4k $2.8m | Unchanged |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio | 43.0k $2.7m | Reduced -370 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 41.4k $2.6m | Reduced -3.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 39.6k $2.5m | Added +3.9k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 38.8k $2.5m | Added +5.5k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 38.7k $2.5m | Added +6.1k |
| Vest Financial, LLC 0.04% of their portfolio | 38.4k $2.4m | Added +14.1k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 38.2k $2.1m | Added +34.4k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 38.0k $2.4m | Reduced -12.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 36.1k $2.3m | Added +21.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31.9k $2.0m | Added +6.7k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 31.4k $2.0m | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 30.8k $1.9m | Added +1.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 30.5k $1.9m | Reduced -40.5k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 30.3k $1.9m | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 29.7k $1.9m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 28.3k $1.8m | Reduced -650 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 26.8k $1.7m | Added +3.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 25.4k $1.6m | Reduced -391.3k |
| AMALGAMATED BANK 0.01% of their portfolio | 24.6k $1.6m | Unchanged |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 23.6k $1.5m | Unchanged |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 23.5k $1.5m | Reduced -39.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 23.2k $1.5m | Added +667 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 21.7k $1.4m | Reduced -611 |
| DIVERSIFIED TRUST CO 0.03% of their portfolio | 19.5k $1.2m | Added +2.0k |
| HANCOCK WHITNEY CORP 0.04% of their portfolio | 19.3k $1.2m | Added +281 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 19.1k $1.2m | Reduced -320 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 18.8k $1.2m | Added +14.8k |
| Edgestream Partners, L.P. 0.05% of their portfolio | 18.7k $1.2m | Added +469 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 18.7k $1.2m | Reduced -923 |
| OLD MISSION CAPITAL LLC 0.03% of their portfolio | 18.7k $1.2m | New |
| WINTON GROUP Ltd 0.08% of their portfolio | 17.9k $1.1m | Added +1 |