Who owns DES
Which tracked institutional funds hold DES, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DES 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
The tracked-fund tape on DES is one-sided between 2026-Q1 and 2026-Q2: 87 added or opened and 18 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
DES’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes DES more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DES 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 352 tracked filers holding DES, 155 increased or opened the position and 157 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 DES 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 5
- Evanson Financial, LLC$4M
- Copper Harbor Investment Advisors, LLC$1M
- IFG Advisory, LLC$1M
- FIDUCIARY FINANCIAL ADVISORS$973K
- Prime Buchholz LLC$604K
Full exits 16
- Janney Montgomery Scott LLC$4M
- Evanson Asset Management, LLC$3M
- Thrivent Financial for Lutherans$3M
- HighTower Advisors, LLC$3M
- VESTOR CAPITAL, LLC$3M
- Capital Analysts, LLC$2M
Largest adds
- MORGAN STANLEY$16M
- BANK OF AMERICA CORP /DE/$11M
- JONES FINANCIAL COMPANIES LLLP$8M
- Creative Planning$6M
- LPL Financial LLC$6M
- M&T Bank Corp$5M
Largest trims
- NBT BANK, N.A.$628K
- HALBERT HARGROVE GLOBAL ADVISORS, LLC$477K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 2,828,155 | $115M | 11.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,443,644 | $99M | 9.8% | 2026-Q2 |
| LPL Financial LLC trimmed | 1,397,957 | $57M | 5.6% | 2026-Q2 |
| UBS Group AG trimmed | 1,343,918 | $55M | 5.4% | 2026-Q2 |
| Creative Planning trimmed | 1,339,636 | $54M | 5.4% | 2026-Q2 |
| M&T Bank Corp added | 1,045,207 | $43M | 4.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 870,701 | $35M | 3.5% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 854,626 | $35M | 3.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 822,698 | $33M | 3.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 748,428 | $30M | 3.0% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 741,283 | $30M | 3.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 686,604 | $28M | 2.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 419,458 | $17M | 1.7% | 2026-Q2 |
| Valmark Advisers, Inc. trimmed | 334,790 | $14M | 1.3% | 2026-Q2 |
| Cetera Investment Advisers added | 327,587 | $13M | 1.3% | 2026-Q2 |
| Destination Wealth Management trimmed | 324,017 | $13M | 1.3% | 2026-Q2 |
| Allen Investment Management, LLC | 293,475 | $12M | 1.2% | 2026-Q2 |
| ASSETMARK, INC added | 286,502 | $12M | 1.1% | 2026-Q2 |
| Bank of New York Mellon Corp added | 281,370 | $11M | 1.1% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 268,651 | $11M | 1.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 249,762 | $10M | 1.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 234,957 | $10M | 0.9% | 2026-Q2 |
| Curi Capital, LLC added | 224,123 | $9M | 0.9% | 2026-Q2 |
| BIP Wealth, LLC trimmed | 212,265 | $9M | 0.8% | 2026-Q2 |
| Del-Sette Capital Management, LLC trimmed | 210,229 | $9M | 0.8% | 2026-Q2 |
| HC Advisors, LLC trimmed | 206,337 | $8M | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 202,258 | $8M | 0.8% | 2026-Q2 |
| One Wealth Map LLC added | 189,509 | $8M | 0.8% | 2026-Q2 |
| Melone Private Wealth, LLC added | 173,362 | $7M | 0.7% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 168,384 | $7M | 0.7% | 2026-Q2 |
| Lee, Kelleher & Klein Wealth Management trimmed | 162,148 | $7M | 0.6% | 2026-Q2 |
| Cascade Financial Partners, LLC trimmed | 157,674 | $6M | 0.6% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 156,000 | $6M | 0.6% | 2026-Q2 |
| Key Financial Inc trimmed | 155,418 | $6M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 150,823 | $6M | 0.6% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 149,198 | $6M | 0.6% | 2026-Q2 |
| Stonebridge Wealth Management, LLC added | 146,670 | $6M | 0.6% | 2026-Q2 |
| Prosperity Consulting Group, LLC trimmed | 140,984 | $6M | 0.6% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 139,847 | $6M | 0.6% | 2026-Q2 |
| CROBAN added | 129,615 | $5M | 0.5% | 2026-Q2 |
| Parcion Private Wealth LLC | 128,500 | $5M | 0.5% | 2026-Q2 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed | 128,207 | $5M | 0.5% | 2026-Q2 |
| Three Bearings Fiduciary Advisors, Inc. trimmed | 124,232 | $5M | 0.5% | 2026-Q2 |
| Frazier Financial Advisors, LLC added | 121,735 | $5M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 113,225 | $5M | 0.4% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 103,830 | $4M | 0.4% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 100,523 | $4M | 0.4% | 2026-Q2 |
| Evanson Financial, LLC new | 91,178 | $4M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 86,110 | $4M | 0.3% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 86,095 | $4M | 0.3% | 2026-Q2 |
| Focus Partners Wealth added | 85,644 | $3M | 0.3% | 2026-Q2 |
| VAUGHAN & Co SECURITIES, INC. trimmed | 78,361 | $3M | 0.3% | 2026-Q2 |
| Farmers National Bank trimmed | 75,796 | $3M | 0.3% | 2026-Q2 |
| Dickmeyer Boyce Financial Management, Inc. added | 75,255 | $3M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 73,407 | $3M | 0.3% | 2026-Q2 |
| Corient Private Wealth LP added | 71,480 | $3M | 0.3% | 2026-Q2 |
| Total Clarity Wealth Management, Inc. | 71,231 | $3M | 0.3% | 2026-Q2 |
| Cerity Partners LLC added | 70,986 | $3M | 0.3% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC trimmed | 70,780 | $3M | 0.3% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 70,086 | $3M | 0.3% | 2026-Q2 |
| STOCK YARDS BANK & TRUST CO trimmed | 68,545 | $3M | 0.3% | 2026-Q2 |
| Marathon Strategic Advisors, LLC trimmed | 66,967 | $3M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 61,398 | $2M | 0.2% | 2026-Q2 |
| FOUNDERS GROVE WEALTH PARTNERS, LLC trimmed | 59,927 | $2M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 59,026 | $2M | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 58,393 | $2M | 0.2% | 2026-Q2 |
| CAHILL FINANCIAL ADVISORS INC trimmed | 57,791 | $2M | 0.2% | 2026-Q2 |
| BEACON FINANCIAL GROUP trimmed | 57,354 | $2M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 56,955 | $2M | 0.2% | 2026-Q2 |
| Glen Eagle Advisors, LLC trimmed | 55,734 | $2M | 0.2% | 2026-Q2 |
| Modera Wealth Management, LLC trimmed | 55,611 | $2M | 0.2% | 2026-Q2 |
| Midwest Trust Co trimmed | 55,283 | $2M | 0.2% | 2026-Q2 |
| FINANCIAL ADVISORY PARTNERS, LLC added | 54,670 | $2M | 0.2% | 2026-Q2 |
| FFG RETIREMENT ADVISORS LLC added | 52,981 | $2M | 0.2% | 2026-Q2 |
| &PARTNERS trimmed | 52,867 | $2M | 0.2% | 2026-Q2 |
| TopTier Wealth Management, LLC trimmed | 52,099 | $2M | 0.2% | 2026-Q2 |
| 180 WEALTH ADVISORS, LLC trimmed | 51,844 | $2M | 0.2% | 2026-Q2 |
| Salomon & Ludwin, LLC trimmed | 50,460 | $2M | 0.2% | 2026-Q2 |
| JNBA Financial Advisors trimmed | 49,918 | $2M | 0.2% | 2026-Q2 |
| Powers Advisory Group, LLC added | 48,890 | $2M | 0.2% | 2026-Q2 |
| Ascent Group, LLC trimmed | 48,715 | $2M | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 48,384 | $2M | 0.2% | 2026-Q2 |
| Investment Research Partners LLC trimmed | 47,948 | $2M | 0.2% | 2026-Q2 |
| Advisory Services Network, LLC added | 46,138 | $2M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors added | 44,821 | $2M | 0.2% | 2026-Q2 |
| WESBANCO BANK INC added | 42,857 | $2M | 0.2% | 2026-Q2 |
| INVESTED ADVISORS added | 42,836 | $2M | 0.2% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 40,797 | $2M | 0.2% | 2026-Q2 |
| Old North State Wealth Management, LLC trimmed | 40,663 | $2M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 40,395 | $2M | 0.2% | 2026-Q2 |
| Platform Technology Partners | 39,781 | $2M | 0.2% | 2026-Q2 |
| World Investment Advisors trimmed | 39,695 | $1M | 0.1% | 2026-Q2 |
| Savant Capital, LLC added | 37,933 | $1M | 0.1% | 2026-Q2 |
| Wealthcare Capital Partners, LLC added | 37,815 | $2M | 0.2% | 2026-Q2 |
| INSPIRION WEALTH ADVISORS, LLC trimmed | 36,725 | $1M | 0.1% | 2026-Q2 |
| Copper Harbor Investment Advisors, LLC new | 36,307 | $1M | 0.1% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 35,184 | $1M | 0.1% | 2026-Q2 |
| IAG Wealth Partners, LLC trimmed | 35,057 | $1M | 0.1% | 2026-Q2 |
| Paragon Private Wealth Management, LLC trimmed | 34,306 | $1M | 0.1% | 2026-Q2 |
| SC&H Financial Advisors, Inc. trimmed | 33,778 | $1M | 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.