Who owns DCRE
Which tracked institutional funds hold DCRE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DCRE 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
21 tracked funds added or opened DCRE while 17 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
DCRE’s largest tracked holder by dollar value, SHUFRO ROSE & CO LLC, sizes it at 4.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DCRE 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 80 tracked filers holding DCRE, 57 increased or opened the position and 33 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 DCRE 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 9
- MIDLAND WEALTH ADVISORS, LLC$9M
- Steward Partners Investment Advisory, LLC$7M
- Apollon Wealth Management, LLC$5M
- Ashton Thomas Private Wealth, LLC$5M
- Auour Investments LLC$4M
- GOLDMAN SACHS GROUP INC$3M
Full exits 7
- Thrivent Financial for Lutherans$9M
- Motley Fool Wealth Management, LLC$9M
- Seascape Capital Management$8M
- Clear Point Advisors Inc.$4M
- CENTAURUS FINANCIAL, INC.$4M
- PARK AVENUE SECURITIES LLC$2M
Largest adds
- Foundations Investment Advisors, LLC$8M
- Gradient Investments LLC$2M
- SHUFRO ROSE & CO LLC$2M
- Walser Wealth Management Company, A Ltd Liability Co$1M
- FRANKLIN RESOURCES INC$993K
- LEAVELL INVESTMENT MANAGEMENT, INC.$833K
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$5M
- Clark Capital Management Group, Inc.$4M
- PRINCIPAL SECURITIES, INC.$2M
- LPL Financial LLC$2M
- OSAIC HOLDINGS, INC.$1M
- US BANCORP \DE\$775K
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 |
|---|---|---|---|---|
| SHUFRO ROSE & CO LLC added | 1,569,464 | $81M | 18.1% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 934,014 | $48M | 10.8% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 696,975 | $36M | 8.1% | 2026-Q2 |
| Gradient Investments LLC added | 392,043 | $20M | 4.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 332,428 | $17M | 3.8% | 2026-Q2 |
| Cresset Asset Management, LLC added | 288,487 | $15M | 3.3% | 2026-Q2 |
| Tortoise Investment Management, LLC added | 273,990 | $14M | 3.2% | 2026-Q2 |
| W.G. Shaheen & Associates DBA Whitney & Co added | 193,985 | $10M | 2.2% | 2026-Q2 |
| MIDLAND WEALTH ADVISORS, LLC new | 169,233 | $9M | 2.0% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 164,149 | $9M | 1.9% | 2026-Q2 |
| LPL Financial LLC trimmed | 147,011 | $8M | 1.7% | 2026-Q2 |
| HUTCHINSON CAPITAL MANAGEMENT/CA added | 135,006 | $7M | 1.6% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC new | 126,829 | $7M | 1.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 125,807 | $7M | 1.5% | 2026-Q2 |
| Holcombe Financial, Inc. trimmed | 118,379 | $6M | 1.4% | 2026-Q2 |
| Global Wealth Management Investment Advisory, Inc. added | 115,634 | $6M | 1.3% | 2026-Q2 |
| SBE LLC DBA CEDAR COVE WEALTH PARTNERS added | 98,390 | $5M | 1.1% | 2026-Q2 |
| SAXON INTERESTS, INC. added | 98,004 | $5M | 1.1% | 2026-Q2 |
| Apollon Wealth Management, LLC new | 94,656 | $5M | 1.1% | 2026-Q2 |
| Clark Capital Management Group, Inc. trimmed | 90,309 | $5M | 1.0% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC new | 88,890 | $5M | 1.0% | 2026-Q2 |
| Auour Investments LLC new | 85,567 | $4M | 1.0% | 2026-Q2 |
| Independent Family Office, LLC | 73,058 | $4M | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 54,018 | $3M | 0.6% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 50,971 | $3M | 0.6% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 49,542 | $3M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 49,489 | $3M | 0.6% | 2026-Q2 |
| NAPLES GLOBAL ADVISORS, LLC added | 46,886 | $2M | 0.5% | 2026-Q2 |
| STAPP WEALTH MANAGEMENT, PLLC added | 43,034 | $2M | 0.5% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 42,712 | $2M | 0.5% | 2026-Q2 |
| Walser Wealth Management Company, A Ltd Liability Co added | 29,813 | $2M | 0.3% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT trimmed | 28,731 | $1M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 25,781 | $1M | 0.3% | 2026-Q2 |
| First Financial Group Corp added | 23,530 | $1M | 0.3% | 2026-Q2 |
| BALDWIN WEALTH PARTNERS LLC/MA trimmed | 23,504 | $1M | 0.3% | 2026-Q2 |
| Belpointe Asset Management LLC trimmed | 22,424 | $1M | 0.3% | 2026-Q2 |
| UBS Group AG added | 19,965 | $1M | 0.2% | 2026-Q2 |
| Brucke Financial, Inc. added | 19,369 | $1M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 18,059 | $936K | 0.2% | 2026-Q2 |
| ARGONAUTICA PRIVATE WEALTH MANAGEMENT, INC added | 17,496 | $906K | 0.2% | 2026-Q2 |
| Tidal Investments LLC trimmed | 17,206 | $888K | 0.2% | 2026-Q2 |
| FreeGulliver LLC new | 15,875 | $822K | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 15,032 | $779K | 0.2% | 2026-Q2 |
| Sunbeam Capital Management, LLC added | 14,829 | $768K | 0.2% | 2026-Q2 |
| Paladin Wealth, LLC added | 14,583 | $755K | 0.2% | 2026-Q2 |
| Brown Financial Advisors added | 11,319 | $586K | 0.1% | 2026-Q2 |
| Blue Line Capital, LLC / IL added | 10,278 | $532K | 0.1% | 2026-Q2 |
| PFG Advisors new | 10,118 | $524K | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC added | 9,655 | $500K | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 9,128 | $473K | 0.1% | 2026-Q2 |
| Shore Point Advisors, LLC added | 7,829 | $406K | 0.1% | 2026-Q2 |
| Ausdal Financial Partners, Inc. added | 7,412 | $384K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 6,940 | $360K | 0.1% | 2026-Q2 |
| Mattson Financial Services, LLC added | 6,886 | $356K | 0.1% | 2026-Q2 |
| Csenge Advisory Group added | 6,714 | $348K | 0.1% | 2026-Q2 |
| SCS Capital Management LLC added | 5,525 | $286K | 0.1% | 2026-Q2 |
| Rareview Capital LLC added | 5,197 | $270K | 0.1% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC | 5,050 | $262K | 0.1% | 2026-Q2 |
| SK Wealth Management, LLC added | 4,978 | $257K | 0.1% | 2026-Q2 |
| MORGAN STANLEY added | 4,505 | $233K | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 3,258 | $169K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC added | 2,595 | $134K | 0.0% | 2026-Q2 |
| ASHTON THOMAS SECURITIES, LLC new | 1,499 | $78K | 0.0% | 2026-Q2 |
| Family Manage LLC trimmed | 1,465 | $76K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC added | 775 | $40K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 436 | $23K | 0.0% | 2026-Q2 |
| BOKF, NA | 440 | $23K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 337 | $17K | 0.0% | 2026-Q2 |
| Signature Equity Partners, LLC | 248 | $13K | 0.0% | 2026-Q2 |
| Cornerstone Planning Group LLC trimmed | 223 | $12K | 0.0% | 2026-Q2 |
| RICHARDSON FINANCIAL SERVICES INC. trimmed | 194 | $10K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 133 | $7K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 122 | $6K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 118 | $6K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 109 | $6K | 0.0% | 2026-Q2 |
| Crews Bank & Trust new | 60 | $3K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 38 | $2K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC new | 36 | $2K | 0.0% | 2026-Q2 |
| Golden State Wealth Management, LLC | 20 | $1K | 0.0% | 2026-Q2 |
| Luminist Capital LLC new | 0 | $725 | 0.0% | 2026-Q2 |
| Thrivent Financial for Lutherans trimmed | 182,739 | $9M | 2.1% | 2026-Q1 stale (1 quarter behind) |
| Motley Fool Wealth Management, LLC trimmed | 180,108 | $9M | 2.1% | 2026-Q1 stale (1 quarter behind) |
| Seascape Capital Management added | 159,260 | $8M | 1.8% | 2026-Q1 stale (1 quarter behind) |
| Clear Point Advisors Inc. new | 143,543 | $4M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. added | 80,310 | $4M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| PARK AVENUE SECURITIES LLC new | 41,123 | $2M | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC trimmed | 12,072 | $627K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| JOURNEY STRATEGIC WEALTH LLC trimmed | 7,500 | $390K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Jaffetilchin Investment Partners, LLC new | 4,510 | $234K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Root Financial Partners, LLC new | 3,214 | $167K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 61,577 | $3M | 0.7% | 2025-Q4 stale (2 quarters behind) |
| Compound Planning, Inc. added | 28,230 | $1M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| SageView Advisory Group, LLC new | 3,606 | $187K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Endurance Services Ltd | 30,750 | $2M | 0.4% | 2025-Q3 stale (3 quarters behind) |
| A4 Wealth Advisors LLC new | 4,450 | $232K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Southeast Asset Advisors, LLC | 3,956 | $206K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Kathmere Capital Management, LLC added | 440,469 | $23M | 5.1% | 2025-Q2 stale (4 quarters behind) |
| CW Advisors, LLC added | 73,312 | $4M | 0.9% | 2025-Q2 stale (4 quarters behind) |
| RFG Advisory, LLC added | 52,569 | $3M | 0.6% | 2025-Q2 stale (4 quarters behind) |
| SENTINEL TRUST CO LBA | 9,685 | $504K | 0.1% | 2025-Q2 stale (4 quarters behind) |
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.