Who owns DBMF
Which tracked institutional funds hold DBMF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DBMF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-26). 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
110 tracked funds added or opened DBMF while 44 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
DBMF’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.3pp gap the other way — the median holder sizes DBMF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DBMF 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 2026-Q1 and 2026-Q2, across 310 tracked filers holding DBMF, 221 increased or opened the position and 120 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 DBMF between the 2026-Q1 and 2026-Q2 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 26
- Evelyn Partners Group Ltd$15M
- HENGEHOLD CAPITAL MANAGEMENT LLC$13M
- GTS SECURITIES LLC$12M
- GAINLINE FINANCIAL PARTNERS, LLC$6M
- IFG Advisory, LLC$5M
- Kroeger Financial Partners$5M
Full exits 22
- FLOW TRADERS U.S. LLC$59M
- POTOMAC FUND MANAGEMENT INC /ADV$28M
- Penserra Capital Management LLC$18M
- Beacon Harbor Wealth Advisors, Inc.$13M
- Evelyn Partners Asset Management Ltd$9M
- ASHTON THOMAS SECURITIES, LLC$8M
Largest adds
- JPMORGAN CHASE & CO$141M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$32M
- MORGAN STANLEY$29M
- RAYMOND JAMES FINANCIAL INC$22M
- BANK OF AMERICA CORP /DE/$16M
- Cetera Investment Advisers$13M
Largest trims
- LPL Financial LLC$13M
- Steward Partners Investment Advisory, LLC$12M
- Kovack Advisors, Inc.$3M
- ALM First Financial Advisors, LLC$2M
- TIAA Wealth Investment Management LLC$1M
- Orion Porfolio Solutions, LLC$1M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 21,263,572 | $651M | 24.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 12,158,383 | $369M | 14.0% | 2026-Q2 |
| MORGAN STANLEY added | 9,877,154 | $302M | 11.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 3,426,088 | $105M | 4.0% | 2026-Q2 |
| TIAA Wealth Investment Management LLC trimmed | 2,799,608 | $85M | 3.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,580,853 | $79M | 3.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,028,720 | $62M | 2.3% | 2026-Q2 |
| Parcion Private Wealth LLC trimmed | 1,511,668 | $46M | 1.7% | 2026-Q2 |
| Tidal Investments LLC added | 1,390,852 | $43M | 1.6% | 2026-Q2 |
| Cardinal Point Capital Management ULC added | 1,257,839 | $39M | 1.5% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 1,124,767 | $34M | 1.3% | 2026-Q2 |
| Goldstein Advisors, LLC added | 1,078,914 | $33M | 1.2% | 2026-Q2 |
| Edge Wealth Management LLC added | 1,064,312 | $33M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,050,572 | $32M | 1.2% | 2026-Q2 |
| New York Life Investment Management LLC added | 968,970 | $30M | 1.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 955,584 | $29M | 1.1% | 2026-Q2 |
| Savant Capital, LLC trimmed | 953,743 | $29M | 1.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 760,768 | $23M | 0.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 754,052 | $23M | 0.9% | 2026-Q2 |
| ROCKLAND TRUST CO added | 695,808 | $21M | 0.8% | 2026-Q2 |
| Cetera Investment Advisers added | 690,416 | $21M | 0.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 680,379 | $21M | 0.8% | 2026-Q2 |
| SUMMIT WEALTH & RETIREMENT PLANNING, INC. added | 638,441 | $20M | 0.7% | 2026-Q2 |
| Fortitude Family Office, LLC added | 552,973 | $17M | 0.6% | 2026-Q2 |
| SAGE PRIVATE WEALTH GROUP, LLC added | 534,485 | $16M | 0.6% | 2026-Q2 |
| IAG Wealth Partners, LLC trimmed | 511,925 | $16M | 0.6% | 2026-Q2 |
| Merit Financial Group, LLC added | 504,693 | $15M | 0.6% | 2026-Q2 |
| Evelyn Partners Group Ltd new | 501,057 | $15M | 0.6% | 2026-Q2 |
| Austin Wealth Management, LLC added | 478,909 | $15M | 0.6% | 2026-Q2 |
| Prentice Wealth Management LLC added | 453,578 | $14M | 0.5% | 2026-Q2 |
| ALM First Financial Advisors, LLC trimmed | 452,775 | $14M | 0.5% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 428,464 | $13M | 0.5% | 2026-Q2 |
| HENGEHOLD CAPITAL MANAGEMENT LLC new | 411,429 | $13M | 0.5% | 2026-Q2 |
| GTS SECURITIES LLC added | 405,513 | $12M | 0.5% | 2026-Q2 |
| A&I FINANCIAL SERVICES, LLC trimmed | 353,455 | $11M | 0.4% | 2026-Q2 |
| Equitable Holdings, Inc. added | 346,631 | $11M | 0.4% | 2026-Q2 |
| Professional Financial Advisors, LLC added | 335,666 | $10M | 0.4% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 335,248 | $10M | 0.4% | 2026-Q2 |
| Scarborough Advisors, LLC trimmed | 313,922 | $10M | 0.4% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 313,579 | $10M | 0.4% | 2026-Q2 |
| Ethos Financial Group, LLC added | 311,885 | $10M | 0.4% | 2026-Q2 |
| Leelyn Smith, LLC added | 310,003 | $9M | 0.4% | 2026-Q2 |
| Cambria Investment Management, L.P. added | 307,913 | $9M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 297,499 | $9M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 268,036 | $8M | 0.3% | 2026-Q2 |
| FMA Wealth Management, LLC trimmed | 240,522 | $7M | 0.3% | 2026-Q2 |
| CITIGROUP INC added | 238,206 | $7M | 0.3% | 2026-Q2 |
| Valmark Advisers, Inc. added | 234,002 | $7M | 0.3% | 2026-Q2 |
| MANNING & NAPIER ADVISORS LLC added | 222,799 | $7M | 0.3% | 2026-Q2 |
| LS Investment Advisors, LLC added | 216,670 | $7M | 0.3% | 2026-Q2 |
| Empire Financial Management Company, LLC added | 216,006 | $7M | 0.3% | 2026-Q2 |
| Upper Left Wealth Management, LLC added | 213,173 | $7M | 0.2% | 2026-Q2 |
| Empowered Funds, LLC added | 211,930 | $6M | 0.2% | 2026-Q2 |
| Innova Wealth Partners added | 206,423 | $6M | 0.2% | 2026-Q2 |
| CSS LLC/IL | 205,764 | $6M | 0.2% | 2026-Q2 |
| GAINLINE FINANCIAL PARTNERS, LLC new | 195,951 | $6M | 0.2% | 2026-Q2 |
| Fermata Advisors, LLC added | 193,737 | $6M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 191,166 | $6M | 0.2% | 2026-Q2 |
| Longview Financial Advisors, Inc. added | 181,207 | $6M | 0.2% | 2026-Q2 |
| CoreCap Advisors, LLC added | 175,093 | $5M | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 171,696 | $5M | 0.2% | 2026-Q2 |
| Beacon Capital Management, Inc. added | 166,801 | $5M | 0.2% | 2026-Q2 |
| IFG Advisory, LLC added | 164,695 | $5M | 0.2% | 2026-Q2 |
| Canal Capital Management, LLC added | 156,209 | $5M | 0.2% | 2026-Q2 |
| Kroeger Financial Partners new | 156,208 | $5M | 0.2% | 2026-Q2 |
| Elyxium Wealth, LLC added | 153,596 | $5M | 0.2% | 2026-Q2 |
| Principia Wealth Advisory, LLC added | 151,459 | $5M | 0.2% | 2026-Q2 |
| ENTREWEALTH, LLC added | 150,140 | $5M | 0.2% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC trimmed | 149,900 | $5M | 0.2% | 2026-Q2 |
| Live Oak Investment Partners added | 148,674 | $5M | 0.2% | 2026-Q2 |
| Avestar Capital, LLC added | 147,007 | $4M | 0.2% | 2026-Q2 |
| Collaborative Fund Advisors, LLC added | 138,844 | $4M | 0.2% | 2026-Q2 |
| SKY-MOUNTAIN CAPITAL MANAGEMENT, INC. added | 138,409 | $4M | 0.2% | 2026-Q2 |
| Rubicon Advisors, GP added | 137,009 | $4M | 0.2% | 2026-Q2 |
| Trademark Financial Management, LLC added | 135,356 | $4M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 134,765 | $4M | 0.2% | 2026-Q2 |
| Altiora Financial Group, LLC added | 133,389 | $4M | 0.2% | 2026-Q2 |
| Mission Creek Capital Partners, Inc. added | 130,944 | $4M | 0.2% | 2026-Q2 |
| Sterneck Capital Management, LLC trimmed | 130,921 | $4M | 0.2% | 2026-Q2 |
| ASPIRIANT, LLC trimmed | 123,644 | $4M | 0.1% | 2026-Q2 |
| STANSBERRY ASSET MANAGEMENT, LLC added | 120,867 | $4M | 0.1% | 2026-Q2 |
| Advyzon Investment Management, LLC added | 120,703 | $4M | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. added | 117,384 | $4M | 0.1% | 2026-Q2 |
| ARWA LLC added | 111,671 | $3M | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 108,060 | $3M | 0.1% | 2026-Q2 |
| Atria Investments, Inc trimmed | 105,888 | $3M | 0.1% | 2026-Q2 |
| Fairman Group, LLC added | 105,300 | $3M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 103,341 | $3M | 0.1% | 2026-Q2 |
| Sound Financial Strategies Group, LLC trimmed | 101,525 | $3M | 0.1% | 2026-Q2 |
| MKD WEALTH COACHES, LLC added | 100,670 | $3M | 0.1% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC added | 100,229 | $3M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 98,510 | $3M | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 93,218 | $3M | 0.1% | 2026-Q2 |
| Clarity Asset Management, Inc. added | 92,844 | $3M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 90,797 | $3M | 0.1% | 2026-Q2 |
| ATX Financial Planning, LLC added | 90,085 | $3M | 0.1% | 2026-Q2 |
| Good Steward Wealth Advisors,LLC added | 88,492 | $3M | 0.1% | 2026-Q2 |
| Perigon Wealth Management, LLC trimmed | 85,308 | $3M | 0.1% | 2026-Q2 |
| Twelve Points Wealth Management LLC added | 83,866 | $3M | 0.1% | 2026-Q2 |
| Perennial Investment Advisors, LLC trimmed | 82,444 | $3M | 0.1% | 2026-Q2 |
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.