Who owns DDLS
Which tracked institutional funds hold DDLS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DDLS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
5 tracked funds added or opened DDLS while 5 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
DDLS’s largest tracked holder by dollar value, KESTRA PRIVATE WEALTH SERVICES, 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 DDLS 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 38 tracked filers holding DDLS, 19 increased or opened the position and 16 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 DDLS 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 1
- Creative Planning$534K
Full exits 3
- FLOW TRADERS U.S. LLC$8M
- Cambridge Investment Research Advisors, Inc.$3M
- TOUNJIAN ADVISORY PARTNERS, LLC$634K
Largest adds
- KESTRA PRIVATE WEALTH SERVICES, LLC$2M
- Cetera Investment Advisers$615K
- Stonebridge Wealth Management, LLC$351K
- Berkeley, Inc$313K
Largest trims
- AE Wealth Management LLC$4M
- JANE STREET GROUP, LLC$837K
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 |
|---|---|---|---|---|
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 255,125 | $11M | 13.5% | 2026-Q2 |
| Stonebridge Wealth Management, LLC added | 227,568 | $10M | 12.0% | 2026-Q2 |
| Cetera Investment Advisers added | 213,885 | $9M | 11.3% | 2026-Q2 |
| Berkeley, Inc added | 189,056 | $8M | 10.0% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 153,062 | $7M | 8.1% | 2026-Q2 |
| High Note Wealth, LLC added | 133,915 | $6M | 7.1% | 2026-Q2 |
| Lido Advisors, LLC added | 81,285 | $4M | 4.3% | 2026-Q2 |
| LPL Financial LLC trimmed | 51,283 | $2M | 2.7% | 2026-Q2 |
| CERTUITY, LLC added | 41,049 | $2M | 2.2% | 2026-Q2 |
| JT Stratford LLC added | 38,883 | $2M | 2.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 27,753 | $1M | 1.5% | 2026-Q2 |
| United Advisor Group, LLC added | 24,590 | $1M | 1.3% | 2026-Q2 |
| Creative Planning new | 12,111 | $534K | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 10,952 | $482K | 0.6% | 2026-Q2 |
| Quantinno Capital Management LP added | 8,459 | $373K | 0.4% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 6,047 | $266K | 0.3% | 2026-Q2 |
| Compound Planning, Inc. trimmed | 6,006 | $265K | 0.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 4,698 | $207K | 0.2% | 2026-Q2 |
| Larson Financial Group LLC | 3,700 | $163K | 0.2% | 2026-Q2 |
| MATHER GROUP, LLC. added | 2,511 | $111K | 0.1% | 2026-Q2 |
| MORGAN STANLEY added | 2,299 | $101K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,086 | $92K | 0.1% | 2026-Q2 |
| Frazier Financial Advisors, LLC | 1,752 | $77K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,677 | $74K | 0.1% | 2026-Q2 |
| Geneos Wealth Management Inc. | 1,281 | $56K | 0.1% | 2026-Q2 |
| Medallion Wealth Advisors, LLC | 875 | $39K | 0.0% | 2026-Q2 |
| UBS Group AG | 867 | $38K | 0.0% | 2026-Q2 |
| Key Capital Management, INC added | 857 | $38K | 0.0% | 2026-Q2 |
| FMR LLC added | 673 | $30K | 0.0% | 2026-Q2 |
| Rossby Financial, LCC | 629 | $28K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 552 | $24K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 411 | $18K | 0.0% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 310 | $14K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 296 | $13K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC | 148 | $7K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 116 | $5K | 0.0% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 50 | $2K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC | 20 | $881 | 0.0% | 2026-Q2 |
| FLOW TRADERS U.S. LLC added | 173,989 | $8M | 9.1% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 65,223 | $3M | 3.4% | 2026-Q1 stale (1 quarter behind) |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 14,590 | $634K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 5,720 | $249K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Modera Wealth Management, LLC | 5,605 | $244K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| BANK OF AMERICA CORP /DE/ added | 5,391 | $234K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 33 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HANTZ FINANCIAL SERVICES, INC. new | 24 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 7,251 | $312K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| JPMORGAN CHASE & CO trimmed | 672 | $29K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| FRANKLIN RESOURCES INC new | 514 | $22K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CWM, LLC | 329 | $14K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BANK OF MONTREAL /CAN/ new | 80 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| HARBOUR INVESTMENTS, INC. | 10 | $430 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| WELLS FARGO & COMPANY/MN new | 352 | $15K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Exchange Capital Management, Inc. added | 69,995 | $3M | 3.3% | 2025-Q2 stale (4 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 35,632 | $1M | 1.7% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. added | 11,530 | $455K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| Strategic Financial Concepts, LLC trimmed | 5,342 | $211K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Capital A Wealth Management, LLC added | 927 | $31K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.