Who owns DAC (DAC)
Which tracked institutional funds hold DAC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DAC company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
40 tracked funds added or opened DAC while 17 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DAC’s largest tracked holder by dollar value, ACADIAN ASSET MANAGEMENT LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DAC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 138 tracked filers holding DAC, 74 increased or opened the position and 60 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DAC between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 5
- Marex Group plc$2M
- Invesco Ltd.$1M
- PEAK6 LLC$833K
- Baer Investment Advisory LLC$794K
- LSV ASSET MANAGEMENT$533K
Full exits 5
- Point72 Asset Management, L.P.$7M
- Hartree Partners, LP$6M
- TWO SIGMA ADVISERS, LP$4M
- XTX Topco Ltd$2M
- Marnell Management LLC$670K
Largest adds
- ACADIAN ASSET MANAGEMENT LLC$30M
- GOLDMAN SACHS GROUP INC$23M
- RBF Capital, LLC$8M
- Pacer Advisors, Inc.$7M
- RENAISSANCE TECHNOLOGIES LLC$6M
- Qube Research & Technologies Ltd$5M
Largest trims
- MORGAN STANLEY$7M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$3M
- OSAIC HOLDINGS, INC.$2M
- BANK OF AMERICA CORP /DE/$1M
- Walleye Capital LLC$1M
- Verition Fund Management LLC$873K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ACADIAN ASSET MANAGEMENT LLC added | 693,014 | $78M | 15.7% | 2026-Q1 |
| RBF Capital, LLC | 418,015 | $47M | 9.5% | 2026-Q1 |
| ION Fund Management Ltd trimmed | 381,122 | $43M | 8.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 297,236 | $33M | 6.7% | 2026-Q1 |
| No Street GP LP | 250,000 | $28M | 5.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 118,361 | $13M | 2.6% | 2026-Q1 |
| Pacer Advisors, Inc. added | 165,932 | $12M | 2.4% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 96,827 | $11M | 2.2% | 2026-Q1 |
| BlackRock, Inc. added | 89,562 | $10M | 2.0% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 83,800 | $9M | 1.9% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 76,890 | $9M | 1.7% | 2026-Q1 |
| MORGAN STANLEY trimmed | 71,224 | $8M | 1.6% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 67,791 | $8M | 1.5% | 2026-Q1 |
| Hi-Line Capital Management, LLC added | 60,248 | $7M | 1.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 59,206 | $7M | 1.3% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 50,217 | $6M | 1.1% | 2026-Q1 |
| ADVISORY RESEARCH INC added | 47,407 | $5M | 1.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 44,248 | $5M | 1.0% | 2026-Q1 |
| UBS Group AG trimmed | 40,865 | $5M | 0.9% | 2026-Q1 |
| HRT FINANCIAL LP added | 40,429 | $5M | 0.9% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 38,090 | $4M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 34,931 | $4M | 0.8% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 34,656 | $4M | 0.8% | 2026-Q1 |
| DGS Capital Management, LLC added | 30,394 | $3M | 0.7% | 2026-Q1 |
| MARSHALL WACE, LLP added | 29,726 | $3M | 0.7% | 2026-Q1 |
| PDT Partners, LLC added | 29,090 | $3M | 0.7% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 28,724 | $3M | 0.7% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 23,014 | $3M | 0.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 17,641 | $2M | 0.4% | 2026-Q1 |
| Jump Financial, LLC trimmed | 17,182 | $2M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 16,194 | $2M | 0.4% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 15,815 | $2M | 0.4% | 2026-Q1 |
| STATE STREET CORP trimmed | 15,456 | $2M | 0.4% | 2026-Q1 |
| Marex Group plc trimmed | 15,225 | $2M | 0.3% | 2026-Q1 |
| SHIKIAR ASSET MANAGEMENT INC added | 14,285 | $2M | 0.3% | 2026-Q1 |
| ExodusPoint Capital Management, LP trimmed | 13,057 | $1M | 0.3% | 2026-Q1 |
| CORSAIR CAPITAL MANAGEMENT, L.P. | 12,601 | $1M | 0.3% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 12,415 | $1M | 0.3% | 2026-Q1 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 12,278 | $1M | 0.3% | 2026-Q1 |
| Redhawk Wealth Advisors, Inc. trimmed | 11,967 | $1M | 0.3% | 2026-Q1 |
| Tidal Investments LLC added | 11,069 | $1M | 0.3% | 2026-Q1 |
| PFG Advisors added | 9,981 | $1M | 0.2% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 9,456 | $1M | 0.2% | 2026-Q1 |
| Creative Planning added | 9,422 | $1M | 0.2% | 2026-Q1 |
| Quadrature Capital Ltd trimmed | 9,363 | $1M | 0.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 9,092 | $1M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 8,192 | $923K | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 7,429 | $837K | 0.2% | 2026-Q1 |
| PEAK6 LLC added | 7,399 | $833K | 0.2% | 2026-Q1 |
| JMN Financial LLC added | 7,159 | $806K | 0.2% | 2026-Q1 |
| Baer Investment Advisory LLC new | 7,050 | $794K | 0.2% | 2026-Q1 |
| VICTORY FINANCIAL GROUP, LLC added | 7,050 | $794K | 0.2% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 6,873 | $774K | 0.2% | 2026-Q1 |
| U S GLOBAL INVESTORS INC added | 6,418 | $723K | 0.1% | 2026-Q1 |
| Vident Advisory, LLC trimmed | 6,245 | $704K | 0.1% | 2026-Q1 |
| MORGAN DEMPSEY CAPITAL MANAGEMENT LLC added | 5,273 | $594K | 0.1% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. | 5,260 | $592K | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 5,202 | $586K | 0.1% | 2026-Q1 |
| Midwest Professional Planners, LTD. added | 5,185 | $584K | 0.1% | 2026-Q1 |
| CastleKnight Management LP | 5,100 | $574K | 0.1% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 4,944 | $557K | 0.1% | 2026-Q1 |
| MANGROVE PARTNERS IM, LLC trimmed | 4,928 | $555K | 0.1% | 2026-Q1 |
| LSV ASSET MANAGEMENT new | 4,734 | $533K | 0.1% | 2026-Q1 |
| Diversified Trust Co new | 4,422 | $498K | 0.1% | 2026-Q1 |
| Campbell & CO Investment Adviser LLC trimmed | 4,400 | $496K | 0.1% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 4,344 | $489K | 0.1% | 2026-Q1 |
| State of Tennessee, Department of Treasury added | 4,341 | $489K | 0.1% | 2026-Q1 |
| COMMONS CAPITAL, LLC new | 4,336 | $488K | 0.1% | 2026-Q1 |
| Westhampton Capital, LLC | 4,255 | $479K | 0.1% | 2026-Q1 |
| Balefire, LLC trimmed | 4,174 | $470K | 0.1% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 4,085 | $460K | 0.1% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey | 4,072 | $459K | 0.1% | 2026-Q1 |
| SEB Asset Management AB new | 3,877 | $437K | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 3,747 | $421K | 0.1% | 2026-Q1 |
| Aigen Investment Management, LP trimmed | 3,171 | $357K | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 3,042 | $343K | 0.1% | 2026-Q1 |
| Vanguard Personalized Indexing Management, LLC trimmed | 2,845 | $320K | 0.1% | 2026-Q1 |
| Ballentine Partners, LLC trimmed | 2,731 | $308K | 0.1% | 2026-Q1 |
| Ion Asset Management Ltd. trimmed | 394,345 | $35M | 7.1% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 69,221 | $7M | 1.3% | 2025-Q4 stale |
| COMMONWEALTH EQUITY SERVICES, LLC added | 70,891 | $6M | 1.3% | 2025-Q3 stale |
| Hartree Partners, LP added | 63,187 | $6M | 1.2% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 50,811 | $5M | 0.9% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 44,000 | $4M | 0.8% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 37,531 | $3M | 0.7% | 2025-Q3 stale |
| XTX Topco Ltd added | 21,161 | $2M | 0.4% | 2025-Q4 stale |
| NATIXIS ADVISORS, LLC trimmed | 11,690 | $912K | 0.2% | 2025-Q1 stale |
| Bastion Asset Management Inc. trimmed | 10,070 | $893K | 0.2% | 2025-Q3 stale |
| Inspire Advisors, LLC trimmed | 7,758 | $697K | 0.1% | 2025-Q3 stale |
| Marnell Management LLC new | 7,119 | $670K | 0.1% | 2025-Q4 stale |
| READYSTATE ASSET MANAGEMENT LP new | 6,377 | $550K | 0.1% | 2025-Q2 stale |
| Balyasny Asset Management L.P. trimmed | 4,996 | $471K | 0.1% | 2025-Q4 stale |
| Schonfeld Strategic Advisors LLC trimmed | 4,931 | $464K | 0.1% | 2025-Q4 stale |
| Engineers Gate Manager LP added | 5,158 | $463K | 0.1% | 2025-Q3 stale |
| Petrus Trust Company, LTA | 5,609 | $438K | 0.1% | 2025-Q1 stale |
| SG Americas Securities, LLC added | 4,608 | $414K | 0.1% | 2025-Q3 stale |
| Harel Insurance Investments & Financial Services Ltd. added | 5,200 | $406K | 0.1% | 2025-Q1 stale |
| Dynamic Technology Lab Private Ltd trimmed | 3,730 | $351K | 0.1% | 2025-Q4 stale |
| Virtu Financial LLC added | 4,296 | $335K | 0.1% | 2025-Q1 stale |
| Centiva Capital, LP trimmed | 3,412 | $306K | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.