Who owns DFAI
Which tracked institutional funds hold DFAI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFAI 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 DFAI is one-sided between 2026-Q1 and 2026-Q2: 360 added or opened and 66 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
DFAI’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT INC, sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 2.1% of theirs — a 1.9pp gap the other way — the median holder sizes DFAI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFAI 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 800 tracked filers holding DFAI, 519 increased or opened the position and 272 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 DFAI 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 21
- IMA Advisory Services, Inc.$34M
- Evanson Financial, LLC$27M
- Highland Investment Advisors LLC$26M
- Diversify Advisory Services, LLC$20M
- Veracity Capital LLC$18M
- AXXCESS WEALTH MANAGEMENT, LLC$14M
Full exits 30
- EVOKE WEALTH, LLC$114M
- HighTower Advisors, LLC$98M
- McIlrath & Eck, LLC$54M
- Annandale Capital, LLC$36M
- Betterment LLC$29M
- Evanson Asset Management, LLC$25M
Largest adds
- PRUDENTIAL FINANCIAL INC$178M
- ENVESTNET ASSET MANAGEMENT INC$134M
- MAI Capital Management$126M
- BANK OF AMERICA CORP /DE/$83M
- NORTHERN TRUST CORP$57M
- Vise Technologies, Inc.$56M
Largest trims
- COLDSTREAM CAPITAL MANAGEMENT INC$202M
- Kestra Investment Management, LLC$19M
- CITADEL ADVISORS LLC$15M
- Patriot Financial Group Insurance Agency, LLC$6M
- CreativeOne Wealth, LLC$4M
- Wealthcare Advisory Partners LLC$3M
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC added | 27,763,226 | $1.1B | 10.4% | 2026-Q2 |
| First Command Advisory Services, Inc. added | 15,272,021 | $630M | 5.7% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 14,948,542 | $617M | 5.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 10,409,354 | $429M | 3.9% | 2026-Q2 |
| &PARTNERS added | 9,826,699 | $406M | 3.7% | 2026-Q2 |
| NORTHERN TRUST CORP added | 7,867,848 | $325M | 2.9% | 2026-Q2 |
| SYM FINANCIAL Corp added | 6,729,230 | $278M | 2.5% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 6,472,722 | $267M | 2.4% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 5,636,392 | $233M | 2.1% | 2026-Q2 |
| LPL Financial LLC added | 4,754,034 | $196M | 1.8% | 2026-Q2 |
| UBS Group AG added | 4,567,118 | $188M | 1.7% | 2026-Q2 |
| Root Financial Partners, LLC added | 4,528,406 | $187M | 1.7% | 2026-Q2 |
| Vise Technologies, Inc. added | 4,495,210 | $185M | 1.7% | 2026-Q2 |
| Mariner, LLC added | 4,350,104 | $179M | 1.6% | 2026-Q2 |
| MAI Capital Management added | 4,171,293 | $172M | 1.6% | 2026-Q2 |
| Annex Advisory Services, LLC added | 4,128,690 | $170M | 1.5% | 2026-Q2 |
| Moisand Fitzgerald Tamayo, LLC added | 3,693,307 | $152M | 1.4% | 2026-Q2 |
| McKinley Carter Wealth Services, Inc. added | 3,637,438 | $150M | 1.4% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 3,074,726 | $127M | 1.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 2,972,994 | $123M | 1.1% | 2026-Q2 |
| One Capital Management, LLC | 2,955,353 | $115M | 1.0% | 2026-Q2 |
| Pure Financial Advisors, LLC trimmed | 2,926,491 | $121M | 1.1% | 2026-Q2 |
| LVZ, Inc. added | 2,918,971 | $120M | 1.1% | 2026-Q2 |
| Clearstead Advisors, LLC added | 2,844,690 | $117M | 1.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC added | 2,827,567 | $117M | 1.1% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 2,752,464 | $114M | 1.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 2,631,810 | $109M | 1.0% | 2026-Q2 |
| FIRST NATIONAL BANK OF OMAHA added | 2,615,704 | $108M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 2,594,607 | $107M | 1.0% | 2026-Q2 |
| Klaas Financial Asset Advisors, LLC added | 2,440,834 | $101M | 0.9% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 2,413,701 | $100M | 0.9% | 2026-Q2 |
| Apollon Wealth Management, LLC added | 2,401,287 | $99M | 0.9% | 2026-Q2 |
| MASECO LLP added | 2,378,111 | $98M | 0.9% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 2,289,576 | $94M | 0.9% | 2026-Q2 |
| Marquette Asset Management, LLC added | 2,244,990 | $93M | 0.8% | 2026-Q2 |
| Focus Partners Wealth trimmed | 2,242,095 | $92M | 0.8% | 2026-Q2 |
| Zhang Financial LLC added | 2,110,994 | $87M | 0.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 2,007,093 | $83M | 0.7% | 2026-Q2 |
| Wealthspire Advisors, LLC added | 2,002,126 | $83M | 0.7% | 2026-Q2 |
| Cerity Partners LLC added | 1,961,478 | $81M | 0.7% | 2026-Q2 |
| RAM Investment Partners, LLC added | 1,934,044 | $80M | 0.7% | 2026-Q2 |
| Berman McAleer LLC trimmed | 1,823,537 | $75M | 0.7% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 1,815,369 | $75M | 0.7% | 2026-Q2 |
| Savant Capital, LLC added | 1,803,215 | $75M | 0.7% | 2026-Q2 |
| Financial Management Professionals, Inc. added | 1,734,115 | $72M | 0.6% | 2026-Q2 |
| WNY Asset Management, LLC added | 1,686,967 | $70M | 0.6% | 2026-Q2 |
| BRIGHTON JONES LLC added | 1,660,158 | $68M | 0.6% | 2026-Q2 |
| Bedel Financial Consulting, Inc. added | 1,582,438 | $65M | 0.6% | 2026-Q2 |
| RVW Wealth, LLC added | 1,527,623 | $63M | 0.6% | 2026-Q2 |
| Pioneer Wealth Management Group added | 1,517,600 | $63M | 0.6% | 2026-Q2 |
| Bridgewater Advisors Inc. added | 1,493,788 | $63M | 0.6% | 2026-Q2 |
| Wealth Dimensions Group, Ltd. added | 1,463,610 | $60M | 0.5% | 2026-Q2 |
| First National Advisers, LLC trimmed | 1,441,680 | $59M | 0.5% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 1,437,130 | $59M | 0.5% | 2026-Q2 |
| NewEdge Advisors, LLC added | 1,398,059 | $58M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,342,622 | $55M | 0.5% | 2026-Q2 |
| Aquire Wealth Advisors, LLC added | 1,314,008 | $54M | 0.5% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 1,275,139 | $53M | 0.5% | 2026-Q2 |
| Great Point Wealth Advisors, LLC added | 1,274,802 | $53M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,261,396 | $52M | 0.5% | 2026-Q2 |
| Spinnaker Investment Group, LLC added | 1,261,262 | $52M | 0.5% | 2026-Q2 |
| Kestra Investment Management, LLC trimmed | 1,246,705 | $51M | 0.5% | 2026-Q2 |
| SAX WEALTH ADVISORS, LLC added | 1,229,643 | $48M | 0.4% | 2026-Q2 |
| MATHER GROUP, LLC. added | 1,221,090 | $50M | 0.5% | 2026-Q2 |
| Everhart Financial Group, Inc. added | 1,206,275 | $50M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 1,161,885 | $48M | 0.4% | 2026-Q2 |
| Apella Capital, LLC added | 1,121,313 | $47M | 0.4% | 2026-Q2 |
| Arista Wealth Management, LLC added | 1,077,141 | $44M | 0.4% | 2026-Q2 |
| HighPoint Advisor Group LLC added | 1,072,064 | $44M | 0.4% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC added | 1,067,709 | $44M | 0.4% | 2026-Q2 |
| Stadion Money Management, LLC trimmed | 1,067,068 | $44M | 0.4% | 2026-Q2 |
| Prudent Man Investment Management, Inc. trimmed | 1,040,170 | $40M | 0.4% | 2026-Q2 |
| Baird Financial Group, Inc. added | 1,033,393 | $43M | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 1,023,663 | $42M | 0.4% | 2026-Q2 |
| Pathstone Holdings, LLC added | 1,017,129 | $42M | 0.4% | 2026-Q2 |
| Chico Wealth RIA added | 1,016,596 | $42M | 0.4% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 1,007,007 | $42M | 0.4% | 2026-Q2 |
| Perigon Wealth Management, LLC added | 1,002,180 | $41M | 0.4% | 2026-Q2 |
| Smartleaf Asset Management LLC | 975,380 | $40M | 0.4% | 2026-Q2 |
| Wealthquest Corp added | 969,967 | $40M | 0.4% | 2026-Q2 |
| EARNED WEALTH ADVISORS, LLC added | 969,277 | $40M | 0.4% | 2026-Q2 |
| SC&H Financial Advisors, Inc. added | 952,732 | $39M | 0.4% | 2026-Q2 |
| Crusonia Wealth Advisors LLC added | 950,528 | $39M | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 919,814 | $38M | 0.3% | 2026-Q2 |
| Pallas Capital Advisors LLC added | 919,539 | $38M | 0.3% | 2026-Q2 |
| Consilium Wealth Advisory, LLC added | 894,894 | $37M | 0.3% | 2026-Q2 |
| Monument Group Wealth Advisors, LLC added | 860,976 | $36M | 0.3% | 2026-Q2 |
| LRI Investments, LLC trimmed | 837,560 | $35M | 0.3% | 2026-Q2 |
| Financial Alternatives, Inc added | 836,269 | $34M | 0.3% | 2026-Q2 |
| IMA Advisory Services, Inc. new | 830,927 | $34M | 0.3% | 2026-Q2 |
| Trinity Financial Advisors LLC trimmed | 823,726 | $34M | 0.3% | 2026-Q2 |
| Valued Wealth Advisors LLC added | 813,233 | $34M | 0.3% | 2026-Q2 |
| Joseph Group Capital Management trimmed | 785,542 | $32M | 0.3% | 2026-Q2 |
| Amicus Financial Advisors, LLC trimmed | 784,617 | $32M | 0.3% | 2026-Q2 |
| Keyes, Stange & Wooten Wealth Management, LLC added | 779,443 | $32M | 0.3% | 2026-Q2 |
| Physician Wealth Advisors, Inc. added | 772,680 | $32M | 0.3% | 2026-Q2 |
| Plancorp, LLC added | 768,347 | $32M | 0.3% | 2026-Q2 |
| Kure Advisory, LLC added | 767,412 | $32M | 0.3% | 2026-Q2 |
| FIDUCIARY FINANCIAL GROUP, LLC added | 755,888 | $31M | 0.3% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 747,913 | $31M | 0.3% | 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.