diff --git a/lib/ruby_indexer/lib/ruby_indexer/reference_finder.rb b/lib/ruby_indexer/lib/ruby_indexer/reference_finder.rb
index 8f8b54b54f..c0d3bd90b3 100644
--- a/lib/ruby_indexer/lib/ruby_indexer/reference_finder.rb
+++ b/lib/ruby_indexer/lib/ruby_indexer/reference_finder.rb
@@ -35,10 +35,14 @@ class InstanceVariableTarget < Target
       #: String
       attr_reader :name
 
-      #: (String name) -> void
-      def initialize(name)
+      #: Array[String]
+      attr_reader :receiver_ancestors
+
+      #: (String name, Array[String] receiver_ancestors) -> void
+      def initialize(name, receiver_ancestors)
         super()
         @name = name
+        @receiver_ancestors = receiver_ancestors
       end
     end
 
@@ -321,7 +325,10 @@ def collect_constant_references(name, location)
     def collect_instance_variable_references(name, location, declaration)
       return unless @target.is_a?(InstanceVariableTarget) && name == @target.name
 
-      @references << Reference.new(name, location, declaration: declaration)
+      receiver_type = @stack.join("::")
+      if @target.receiver_ancestors.include?(receiver_type)
+        @references << Reference.new(name, location, declaration: declaration)
+      end
     end
   end
 end
diff --git a/lib/ruby_indexer/test/reference_finder_test.rb b/lib/ruby_indexer/test/reference_finder_test.rb
index 4f11f3be4f..31a7521697 100644
--- a/lib/ruby_indexer/test/reference_finder_test.rb
+++ b/lib/ruby_indexer/test/reference_finder_test.rb
@@ -216,22 +216,43 @@ def foo
       assert_equal(11, refs[2].location.start_line)
     end
 
-    def test_finds_instance_variable_read_references
-      refs = find_instance_variable_references("@foo", <<~RUBY)
+    def test_finds_instance_variable_references
+      refs = find_instance_variable_references("@name", ["Foo"], <<~RUBY)
         class Foo
-          def foo
-            @foo
+          def initialize
+            @name = "foo"
+          end
+          def name
+            @name
+          end
+          def name_capital
+            @name[0]
+          end
+        end
+
+        class Bar
+          def initialize
+            @name = "foo"
+          end
+          def name
+            @name
           end
         end
       RUBY
-      assert_equal(1, refs.size)
+      assert_equal(3, refs.size)
 
-      assert_equal("@foo", refs[0].name)
+      assert_equal("@name", refs[0].name)
       assert_equal(3, refs[0].location.start_line)
+
+      assert_equal("@name", refs[1].name)
+      assert_equal(6, refs[1].location.start_line)
+
+      assert_equal("@name", refs[2].name)
+      assert_equal(9, refs[2].location.start_line)
     end
 
     def test_finds_instance_variable_write_references
-      refs = find_instance_variable_references("@foo", <<~RUBY)
+      refs = find_instance_variable_references("@foo", ["Foo"], <<~RUBY)
         class Foo
           def write
             @foo = 1
@@ -252,26 +273,61 @@ def write
       assert_equal(7, refs[4].location.start_line)
     end
 
-    def test_finds_instance_variable_references_ignore_context
-      refs = find_instance_variable_references("@name", <<~RUBY)
-        class Foo
+    def test_finds_instance_variable_references_in_receiver_ancestors
+      refs = find_instance_variable_references("@name", ["Foo", "Base", "Parent"], <<~RUBY)
+        module Base
+          def change_name(name)
+            @name = name
+          end
           def name
+            @name
+          end
+        end
+
+        class Parent
+          def initialize
+            @name = "parent"
+          end
+          def name_capital
+            @name[0]
+          end
+        end
+
+        class Foo < Parent
+          include Base
+          def initialize
             @name = "foo"
           end
+          def name
+            @name
+          end
         end
+
         class Bar
           def name
             @name = "bar"
           end
         end
       RUBY
-      assert_equal(2, refs.size)
+      assert_equal(6, refs.size)
 
       assert_equal("@name", refs[0].name)
       assert_equal(3, refs[0].location.start_line)
 
       assert_equal("@name", refs[1].name)
-      assert_equal(8, refs[1].location.start_line)
+      assert_equal(6, refs[1].location.start_line)
+
+      assert_equal("@name", refs[2].name)
+      assert_equal(12, refs[2].location.start_line)
+
+      assert_equal("@name", refs[3].name)
+      assert_equal(15, refs[3].location.start_line)
+
+      assert_equal("@name", refs[4].name)
+      assert_equal(22, refs[4].location.start_line)
+
+      assert_equal("@name", refs[5].name)
+      assert_equal(25, refs[5].location.start_line)
     end
 
     def test_accounts_for_reopened_classes
@@ -310,8 +366,8 @@ def find_method_references(method_name, source)
       find_references(target, source)
     end
 
-    def find_instance_variable_references(instance_variable_name, source)
-      target = ReferenceFinder::InstanceVariableTarget.new(instance_variable_name)
+    def find_instance_variable_references(instance_variable_name, receiver_ancestors, source)
+      target = ReferenceFinder::InstanceVariableTarget.new(instance_variable_name, receiver_ancestors)
       find_references(target, source)
     end
 
diff --git a/lib/ruby_lsp/requests/references.rb b/lib/ruby_lsp/requests/references.rb
index a2593bcf0c..1271ad0546 100644
--- a/lib/ruby_lsp/requests/references.rb
+++ b/lib/ruby_lsp/requests/references.rb
@@ -115,7 +115,11 @@ def create_reference_target(target_node, node_context)
           Prism::InstanceVariableReadNode,
           Prism::InstanceVariableTargetNode,
           Prism::InstanceVariableWriteNode
-          RubyIndexer::ReferenceFinder::InstanceVariableTarget.new(target_node.name.to_s)
+          receiver_type = @global_state.type_inferrer.infer_receiver_type(node_context)
+          return unless receiver_type
+
+          ancestors = @global_state.index.linearized_ancestors_of(receiver_type.name)
+          RubyIndexer::ReferenceFinder::InstanceVariableTarget.new(target_node.name.to_s, ancestors)
         when Prism::CallNode, Prism::DefNode
           RubyIndexer::ReferenceFinder::MethodTarget.new(target_node.name.to_s)
         end