Who owns DBND
Which tracked institutional funds hold DBND, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DBND company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-20). 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 DBND is one-sided between 2025-Q4 and 2026-Q1: 39 added or opened and 8 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
DBND’s largest tracked holder by dollar value, CWM, LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% 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 DBND 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 101 tracked filers holding DBND, 65 increased or opened the position and 35 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 DBND 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 9
- NewEdge Advisors, LLC$22M
- January Capital Advisors LLC$7M
- CITADEL ADVISORS LLC$1M
- Pettinga Financial Advisors LLC$1M
- SHELTON CAPITAL MANAGEMENT$927K
- JANE STREET GROUP, LLC$875K
Full exits 3
- AXXCESS WEALTH MANAGEMENT, LLC$560K
- COMERICA BANK$515K
- Principia Wealth Advisory, LLC$507K
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$17M
- Journey Advisory Group, LLC$17M
- Foundations Investment Advisors, LLC$12M
- CWM, LLC$7M
- RAYMOND JAMES FINANCIAL INC$5M
- Landmark Wealth Management, LLC$2M
Largest trims
- Cerity Partners LLC$12M
- Fortis Advisors, LLC$2M
- Premier Path Wealth Partners, LLC$1M
- Seascape Capital Management$870K
- Austin Wealth Management, LLC$684K
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 |
|---|---|---|---|---|
| CWM, LLC added | 1,795,342 | $82M | 12.5% | 2026-Q1 |
| Foundations Investment Advisors, LLC added | 967,316 | $44M | 6.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 791,484 | $36M | 5.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 749,103 | $34M | 5.2% | 2026-Q1 |
| Boothe Investment Group, Inc. added | 679,687 | $31M | 4.7% | 2026-Q1 |
| Seascape Capital Management trimmed | 634,793 | $29M | 4.4% | 2026-Q1 |
| UBS Group AG added | 616,971 | $28M | 4.3% | 2026-Q1 |
| W.G. Shaheen & Associates DBA Whitney & Co added | 581,228 | $27M | 4.0% | 2026-Q1 |
| Benchmark Financial Wealth Advisors, LLC added | 522,098 | $24M | 3.6% | 2026-Q1 |
| Journey Advisory Group, LLC added | 496,108 | $23M | 3.4% | 2026-Q1 |
| NewEdge Advisors, LLC added | 204,611 | $22M | 3.4% | 2026-Q1 |
| Mariner, LLC added | 473,936 | $22M | 3.3% | 2026-Q1 |
| GUARDIAN WEALTH ADVISORS, LLC / NC trimmed | 308,616 | $14M | 2.1% | 2026-Q1 |
| Aptus Capital Advisors, LLC trimmed | 308,616 | $14M | 2.1% | 2026-Q1 |
| Holcombe Financial, Inc. added | 259,959 | $12M | 1.8% | 2026-Q1 |
| Aprio Wealth Management, LLC added | 230,753 | $11M | 1.6% | 2026-Q1 |
| Beckerman Institutional, LLC added | 222,253 | $10M | 1.5% | 2026-Q1 |
| Cravens & Co Advisors, LLC added | 216,828 | $10M | 1.5% | 2026-Q1 |
| Stratos Wealth Advisors, LLC added | 207,064 | $9M | 1.4% | 2026-Q1 |
| Visionary Wealth Advisors added | 202,096 | $9M | 1.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 197,942 | $9M | 1.4% | 2026-Q1 |
| Hippocratic Financial Advisors, LLC added | 189,909 | $9M | 1.3% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 189,738 | $9M | 1.3% | 2026-Q1 |
| Landmark Wealth Management, LLC added | 177,470 | $8M | 1.2% | 2026-Q1 |
| Fortis Advisors, LLC trimmed | 164,649 | $8M | 1.1% | 2026-Q1 |
| WADDELL & ASSOCIATES, LLC trimmed | 162,154 | $7M | 1.1% | 2026-Q1 |
| January Capital Advisors LLC new | 152,716 | $7M | 1.1% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 141,787 | $6M | 1.0% | 2026-Q1 |
| Elyxium Wealth, LLC added | 135,234 | $6M | 0.9% | 2026-Q1 |
| OPTIMA CAPITAL LLC added | 127,454 | $6M | 0.9% | 2026-Q1 |
| Premier Path Wealth Partners, LLC trimmed | 113,682 | $5M | 0.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 103,027 | $5M | 0.7% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 93,046 | $4M | 0.6% | 2026-Q1 |
| BlueChip Wealth Advisors LLC added | 84,754 | $4M | 0.6% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 84,264 | $4M | 0.6% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 82,905 | $4M | 0.6% | 2026-Q1 |
| Austin Wealth Management, LLC trimmed | 70,705 | $3M | 0.5% | 2026-Q1 |
| LPL Financial LLC added | 63,784 | $3M | 0.4% | 2026-Q1 |
| Cornerstone Wealth Group, LLC added | 54,393 | $3M | 0.4% | 2026-Q1 |
| SilverOak Wealth Management LLC added | 49,553 | $2M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 40,882 | $2M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 35,701 | $2M | 0.2% | 2026-Q1 |
| L & S Advisors Inc | 31,930 | $1M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 31,402 | $1M | 0.2% | 2026-Q1 |
| Centurion Wealth Management LLC added | 29,422 | $1M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 29,364 | $1M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 29,345 | $1M | 0.2% | 2026-Q1 |
| Smartleaf Asset Management LLC added | 29,364 | $1M | 0.2% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 27,496 | $1M | 0.2% | 2026-Q1 |
| Algorithmic Investment Models, LLC trimmed | 26,243 | $1M | 0.2% | 2026-Q1 |
| Pettinga Financial Advisors LLC added | 25,115 | $1M | 0.2% | 2026-Q1 |
| Essential Planning, LLC. added | 23,779 | $1M | 0.2% | 2026-Q1 |
| ENTREWEALTH, LLC trimmed | 22,676 | $1M | 0.2% | 2026-Q1 |
| SHELTON CAPITAL MANAGEMENT new | 20,242 | $927K | 0.1% | 2026-Q1 |
| MORGAN STANLEY added | 19,798 | $907K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 19,097 | $875K | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC | 18,823 | $862K | 0.1% | 2026-Q1 |
| PANORAMIC INVESTMENT ADVISORS, LLC added | 18,775 | $860K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 18,137 | $831K | 0.1% | 2026-Q1 |
| SHRIER WEALTH MANAGEMENT, LLC added | 18,072 | $828K | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 14,056 | $644K | 0.1% | 2026-Q1 |
| Fearless Solutions, LLC dba Best Invest trimmed | 13,572 | $622K | 0.1% | 2026-Q1 |
| Barnes Wealth Management Group, Inc added | 12,243 | $561K | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | 11,465 | $525K | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP new | 11,154 | $511K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 11,108 | $509K | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 10,688 | $490K | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. added | 9,023 | $418K | 0.1% | 2026-Q1 |
| Strategic Wealth Partners, Ltd. | 8,980 | $411K | 0.1% | 2026-Q1 |
| CLIFFORD SWAN INVESTMENT COUNSEL LLC | 8,600 | $394K | 0.1% | 2026-Q1 |
| MANCHESTER FINANCIAL INC added | 8,545 | $391K | 0.1% | 2026-Q1 |
| Stonehearth Capital Management, LLC added | 8,497 | $389K | 0.1% | 2026-Q1 |
| Stewardship Advisors, LLC added | 8,304 | $380K | 0.1% | 2026-Q1 |
| Blue Line Capital, LLC / IL new | 7,854 | $360K | 0.1% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC new | 7,752 | $355K | 0.1% | 2026-Q1 |
| NBC SECURITIES, INC. trimmed | 7,713 | $353K | 0.1% | 2026-Q1 |
| Cerity Partners LLC trimmed | 7,695 | $353K | 0.1% | 2026-Q1 |
| Walser Wealth Management Company, A Ltd Liability Co new | 7,631 | $350K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 7,364 | $337K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 7,272 | $333K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 6,966 | $319K | 0.0% | 2026-Q1 |
| Sanctuary Advisors, LLC | 6,205 | $284K | 0.0% | 2026-Q1 |
| NWF Advisory Services Inc. added | 5,780 | $265K | 0.0% | 2026-Q1 |
| Sigma Planning Corp trimmed | 5,245 | $240K | 0.0% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC new | 5,124 | $235K | 0.0% | 2026-Q1 |
| Krilogy Financial LLC | 4,750 | $218K | 0.0% | 2026-Q1 |
| First Financial Group Corp new | 4,725 | $216K | 0.0% | 2026-Q1 |
| Triumph Capital Management new | 3,260 | $149K | 0.0% | 2026-Q1 |
| One Capital Management, LLC added | 195,102 | $9M | 1.4% | 2025-Q2 stale |
| CW Advisors, LLC added | 100,599 | $5M | 0.7% | 2025-Q2 stale |
| Bristlecone Advisors, LLC added | 74,663 | $3M | 0.5% | 2025-Q3 stale |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 12,075 | $560K | 0.1% | 2025-Q4 stale |
| COMERICA BANK added | 11,100 | $515K | 0.1% | 2025-Q4 stale |
| Principia Wealth Advisory, LLC added | 10,926 | $507K | 0.1% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC new | 8,147 | $376K | 0.1% | 2025-Q1 stale |
| Clear Creek Financial Management, LLC added | 7,418 | $345K | 0.1% | 2025-Q3 stale |
| AMERIFLEX GROUP, INC. new | 5,580 | $257K | 0.0% | 2025-Q2 stale |
| Envestnet Portfolio Solutions, Inc. added | 5,451 | $252K | 0.0% | 2025-Q1 stale |
| Atria Investments, Inc trimmed | 5,265 | $243K | 0.0% | 2025-Q1 stale |
| Triad Wealth Partners, LLC new | 4,622 | $215K | 0.0% | 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.