Who owns DBMF (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-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
The tracked-fund tape on DBMF is one-sided between 2025-Q4 and 2026-Q1: 121 added or opened and 29 trimmed or exited — on balance accumulating.
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 0.2% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.2pp 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 2025-Q4 and 2026-Q1, across 295 tracked filers holding DBMF, 216 increased or opened the position and 89 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 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 36
- TIAA Wealth Investment Management LLC$86M
- FLOW TRADERS U.S. LLC$59M
- Edge Wealth Management LLC$32M
- Prentice Wealth Management LLC$13M
- CAPITOLIS LIQUID GLOBAL MARKETS LLC$5M
- Mission Creek Capital Partners, Inc.$4M
Full exits 10
- TIAA TRUST, NATIONAL ASSOCIATION$88M
- Litman Gregory Wealth Management LLC$31M
- Carrera Capital Advisors$5M
- Principia Wealth Advisory, LLC$4M
- RENAISSANCE TECHNOLOGIES LLC$2M
- IFG Advisory, LLC$2M
Largest adds
- LPL Financial LLC$506M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$69M
- MORGAN STANLEY$53M
- BANK OF AMERICA CORP /DE/$40M
- Beacon Pointe Advisors, LLC$32M
- JPMORGAN CHASE & CO$22M
Largest trims
- AXXCESS WEALTH MANAGEMENT, LLC$15M
- Innova Wealth Partners$11M
- Valmark Advisers, Inc.$7M
- Deane Retirement Strategies, Inc.$6M
- OneDigital Investment Advisors LLC$5M
- Private Advisor Group, LLC$5M
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 22,024,213 | $664M | 25.7% | 2026-Q1 |
| MORGAN STANLEY added | 9,051,220 | $273M | 10.6% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 7,570,891 | $229M | 8.8% | 2026-Q1 |
| TIAA Wealth Investment Management LLC new | 2,861,026 | $86M | 3.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 2,415,743 | $73M | 2.8% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 1,957,169 | $59M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,887,522 | $57M | 2.2% | 2026-Q1 |
| Parcion Private Wealth LLC trimmed | 1,530,814 | $46M | 1.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,519,544 | $46M | 1.8% | 2026-Q1 |
| Tidal Investments LLC trimmed | 1,383,779 | $42M | 1.6% | 2026-Q1 |
| Cardinal Point Capital Management ULC added | 1,234,297 | $37M | 1.4% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 1,067,012 | $32M | 1.2% | 2026-Q1 |
| Edge Wealth Management LLC new | 1,062,494 | $32M | 1.2% | 2026-Q1 |
| Goldstein Advisors, LLC added | 1,062,448 | $32M | 1.2% | 2026-Q1 |
| Savant Capital, LLC trimmed | 955,805 | $29M | 1.1% | 2026-Q1 |
| POTOMAC FUND MANAGEMENT INC /ADV added | 945,021 | $28M | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 922,338 | $28M | 1.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 742,623 | $22M | 0.9% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 739,944 | $22M | 0.9% | 2026-Q1 |
| New York Life Investment Management LLC added | 682,558 | $21M | 0.8% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 661,094 | $20M | 0.8% | 2026-Q1 |
| ROCKLAND TRUST CO added | 627,654 | $19M | 0.7% | 2026-Q1 |
| SUMMIT WEALTH & RETIREMENT PLANNING, INC. added | 612,604 | $18M | 0.7% | 2026-Q1 |
| Penserra Capital Management LLC added | 589,782 | $18M | 0.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 588,269 | $18M | 0.7% | 2026-Q1 |
| IAG Wealth Partners, LLC trimmed | 541,170 | $16M | 0.6% | 2026-Q1 |
| ALM First Financial Advisors, LLC added | 512,410 | $15M | 0.6% | 2026-Q1 |
| Fortitude Family Office, LLC added | 496,637 | $15M | 0.6% | 2026-Q1 |
| SAGE PRIVATE WEALTH GROUP, LLC added | 495,467 | $15M | 0.6% | 2026-Q1 |
| Austin Wealth Management, LLC trimmed | 463,962 | $14M | 0.5% | 2026-Q1 |
| Beacon Harbor Wealth Advisors, Inc. added | 447,198 | $13M | 0.5% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 444,093 | $13M | 0.5% | 2026-Q1 |
| Prentice Wealth Management LLC new | 435,694 | $13M | 0.5% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 424,687 | $13M | 0.5% | 2026-Q1 |
| Merit Financial Group, LLC added | 402,206 | $12M | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 360,299 | $11M | 0.4% | 2026-Q1 |
| A&I FINANCIAL SERVICES, LLC added | 357,497 | $11M | 0.4% | 2026-Q1 |
| Scarborough Advisors, LLC trimmed | 343,625 | $10M | 0.4% | 2026-Q1 |
| Professional Financial Advisors, LLC added | 316,920 | $10M | 0.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 302,054 | $9M | 0.4% | 2026-Q1 |
| Cambria Investment Management, L.P. trimmed | 301,467 | $9M | 0.4% | 2026-Q1 |
| Evelyn Partners Asset Management Ltd trimmed | 297,096 | $9M | 0.3% | 2026-Q1 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 296,950 | $9M | 0.3% | 2026-Q1 |
| Leelyn Smith, LLC added | 296,205 | $9M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 286,203 | $9M | 0.3% | 2026-Q1 |
| ASHTON THOMAS SECURITIES, LLC added | 277,807 | $8M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 274,508 | $8M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 253,270 | $8M | 0.3% | 2026-Q1 |
| FMA Wealth Management, LLC added | 248,127 | $7M | 0.3% | 2026-Q1 |
| Valmark Advisers, Inc. trimmed | 218,130 | $7M | 0.3% | 2026-Q1 |
| Empire Financial Management Company, LLC added | 213,768 | $6M | 0.2% | 2026-Q1 |
| Empowered Funds, LLC added | 207,866 | $6M | 0.2% | 2026-Q1 |
| CSS LLC/IL | 205,764 | $6M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 201,044 | $6M | 0.2% | 2026-Q1 |
| Upper Left Wealth Management, LLC added | 200,174 | $6M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 199,754 | $6M | 0.2% | 2026-Q1 |
| Fermata Advisors, LLC added | 186,740 | $6M | 0.2% | 2026-Q1 |
| Kovack Advisors, Inc. added | 185,040 | $6M | 0.2% | 2026-Q1 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC new | 181,800 | $5M | 0.2% | 2026-Q1 |
| CWM, LLC added | 181,221 | $5M | 0.2% | 2026-Q1 |
| Beacon Capital Management, Inc. added | 166,296 | $5M | 0.2% | 2026-Q1 |
| CoreCap Advisors, LLC added | 166,095 | $5M | 0.2% | 2026-Q1 |
| Longview Financial Advisors, Inc. added | 149,763 | $5M | 0.2% | 2026-Q1 |
| Ethos Financial Group, LLC added | 149,281 | $5M | 0.2% | 2026-Q1 |
| MANNING & NAPIER ADVISORS LLC added | 146,677 | $4M | 0.2% | 2026-Q1 |
| Elyxium Wealth, LLC added | 145,714 | $4M | 0.2% | 2026-Q1 |
| Live Oak Investment Partners added | 144,036 | $4M | 0.2% | 2026-Q1 |
| Avestar Capital, LLC trimmed | 139,617 | $4M | 0.2% | 2026-Q1 |
| ENTREWEALTH, LLC added | 138,109 | $4M | 0.2% | 2026-Q1 |
| SKY-MOUNTAIN CAPITAL MANAGEMENT, INC. added | 137,123 | $4M | 0.2% | 2026-Q1 |
| Sterneck Capital Management, LLC added | 131,203 | $4M | 0.2% | 2026-Q1 |
| ASPIRIANT, LLC trimmed | 126,518 | $4M | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 125,678 | $4M | 0.1% | 2026-Q1 |
| Mission Creek Capital Partners, Inc. new | 123,419 | $4M | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 121,616 | $4M | 0.1% | 2026-Q1 |
| Atria Investments, Inc added | 121,103 | $4M | 0.1% | 2026-Q1 |
| Evelyn Partners Investment Management Services Ltd trimmed | 120,554 | $4M | 0.1% | 2026-Q1 |
| STANSBERRY ASSET MANAGEMENT, LLC added | 117,865 | $4M | 0.1% | 2026-Q1 |
| Fairman Group, LLC added | 102,256 | $3M | 0.1% | 2026-Q1 |
| Sound Financial Strategies Group, LLC added | 101,535 | $3M | 0.1% | 2026-Q1 |
| Advyzon Investment Management, LLC added | 99,490 | $3M | 0.1% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 96,748 | $3M | 0.1% | 2026-Q1 |
| MKD WEALTH COACHES, LLC added | 95,835 | $3M | 0.1% | 2026-Q1 |
| Worth Asset Management, LLC trimmed | 94,487 | $3M | 0.1% | 2026-Q1 |
| Collaborative Fund Advisors, LLC new | 93,486 | $3M | 0.1% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 91,255 | $3M | 0.1% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 90,412 | $3M | 0.1% | 2026-Q1 |
| Perigon Wealth Management, LLC added | 89,621 | $3M | 0.1% | 2026-Q1 |
| Perennial Investment Advisors, LLC added | 89,137 | $3M | 0.1% | 2026-Q1 |
| Mariner, LLC added | 88,944 | $3M | 0.1% | 2026-Q1 |
| R. W. Roge & Company, Inc. added | 87,437 | $3M | 0.1% | 2026-Q1 |
| Good Steward Wealth Advisors,LLC added | 85,828 | $3M | 0.1% | 2026-Q1 |
| TIAA TRUST, NATIONAL ASSOCIATION new | 3,121,070 | $88M | 3.4% | 2025-Q4 stale |
| Naviter Wealth, LLC trimmed | 1,851,764 | $47M | 1.8% | 2025-Q1 stale |
| Litman Gregory Wealth Management LLC trimmed | 1,114,037 | $31M | 1.2% | 2025-Q4 stale |
| Carrera Capital Advisors new | 195,638 | $5M | 0.2% | 2025-Q4 stale |
| Astor Investment Management LLC trimmed | 177,689 | $5M | 0.2% | 2025-Q2 stale |
| Principia Wealth Advisory, LLC added | 148,138 | $4M | 0.2% | 2025-Q4 stale |
| Capitolis Liquid Global Markets LLC | 149,300 | $4M | 0.2% | 2025-Q3 stale |
| GTS SECURITIES LLC new | 116,267 | $3M | 0.1% | 2025-Q1 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.