Interactive BrokersIBKR
About: Interactive Brokers is an online brokerage that generates trading commissions (around 31% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 64% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about 5% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.
Employees: 2,951
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 53
26% more repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 182
10% more capital invested
Capital invested by funds: $12.1B [Q2] → $13.3B (+$1.19B) [Q3]
6% more funds holding
Funds holding: 544 [Q2] → 577 (+33) [Q3]
4% more funds holding in top 10
Funds holding in top 10: 23 [Q2] → 24 (+1) [Q3]
10% less call options, than puts
Call options by funds: $125M | Put options by funds: $139M
4.44% less ownership
Funds ownership: 92.18% [Q2] → 87.74% (-4.44%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
UBS Brennan Hawken 71% 1-year accuracy 24 / 34 met price target | 16%upside $265 | Buy Maintained | 27 Jan 2025 |
Piper Sandler Patrick Moley 89% 1-year accuracy 40 / 45 met price target | 8%downside $210 | Overweight Reiterated | 22 Jan 2025 |
Barclays Benjamin Budish 78% 1-year accuracy 97 / 124 met price target | 1%upside $231 | Overweight Maintained | 22 Jan 2025 |
Keefe, Bruyette & Woods Kyle Voigt 76% 1-year accuracy 22 / 29 met price target | 15%downside $195 | Market Perform Maintained | 13 Jan 2025 |
Citigroup Christopher Allen 81% 1-year accuracy 17 / 21 met price target | 4%downside $220 | Buy Maintained | 10 Jan 2025 |
Financial journalist opinion
Based on 40 articles about IBKR published over the past 30 days









