Who owns DFAS
Which tracked institutional funds hold DFAS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFAS 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 DFAS is one-sided between 2026-Q1 and 2026-Q2: 410 added or opened and 70 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
DFAS’s largest tracked holder by dollar value, Creative Planning, sizes it at 1.3% of its own reported 13F book, while the median holder sizes it at 1.8% of theirs — a 0.5pp gap the other way — the median holder sizes DFAS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFAS 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 880 tracked filers holding DFAS, 455 increased or opened the position and 345 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 DFAS 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 25
- Evanson Financial, LLC$100M
- Timonier Family Office, LTD.$25M
- AXXCESS WEALTH MANAGEMENT, LLC$14M
- Atria Investments, Inc$13M
- Woodward Financial Advisors, Inc.$6M
- ADVISORTRUST PARTNERS, LLC$5M
Full exits 44
- Evanson Asset Management, LLC$86M
- Premier Financial Group$85M
- HighTower Advisors, LLC$71M
- DiNuzzo Private Wealth, Inc.$52M
- Thrivent Financial for Lutherans$34M
- Cambridge Investment Research Advisors, Inc.$27M
Largest adds
- Creative Planning$425M
- NORTHERN TRUST CORP$124M
- Vise Technologies, Inc.$97M
- BANK OF AMERICA CORP /DE/$91M
- Root Financial Partners, LLC$79M
- Index Fund Advisors, Inc.$65M
Largest trims
- EverSource Wealth Advisors, LLC$20M
- True Link Financial Advisors, LLC$15M
- Frankly Finances, LLC$5M
- Kooman & Associates$5M
- First Command Advisory Services, Inc.$5M
- Broadhurst Jeffrey B$4M
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 |
|---|---|---|---|---|
| Creative Planning added | 27,823,389 | $2.3B | 23.5% | 2026-Q2 |
| NORTHERN TRUST CORP added | 9,449,673 | $778M | 8.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 6,821,323 | $562M | 5.8% | 2026-Q2 |
| Index Fund Advisors, Inc. trimmed | 5,887,790 | $485M | 5.0% | 2026-Q2 |
| Focus Partners Wealth trimmed | 3,276,884 | $270M | 2.8% | 2026-Q2 |
| Pure Financial Advisors, LLC added | 3,262,743 | $269M | 2.8% | 2026-Q2 |
| TCI Wealth Advisors, Inc. added | 2,820,974 | $232M | 2.4% | 2026-Q2 |
| Root Financial Partners, LLC added | 2,329,592 | $192M | 2.0% | 2026-Q2 |
| Vise Technologies, Inc. added | 2,237,685 | $184M | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,874,508 | $154M | 1.6% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 1,506,590 | $124M | 1.3% | 2026-Q2 |
| Midwest Trust Co trimmed | 1,328,794 | $109M | 1.1% | 2026-Q2 |
| Savant Capital, LLC added | 1,279,755 | $105M | 1.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 1,248,027 | $103M | 1.1% | 2026-Q2 |
| Plancorp, LLC trimmed | 1,246,691 | $101M | 1.0% | 2026-Q2 |
| Confluence Wealth Services, Inc. added | 1,235,907 | $102M | 1.0% | 2026-Q2 |
| Evanson Financial, LLC new | 1,217,796 | $100M | 1.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,200,879 | $99M | 1.0% | 2026-Q2 |
| Great Waters Wealth Management added | 1,150,130 | $95M | 1.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,127,165 | $93M | 1.0% | 2026-Q2 |
| Washington Trust Bank trimmed | 1,115,723 | $92M | 0.9% | 2026-Q2 |
| UBS Group AG added | 1,067,070 | $88M | 0.9% | 2026-Q2 |
| Moisand Fitzgerald Tamayo, LLC added | 979,623 | $81M | 0.8% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 943,404 | $78M | 0.8% | 2026-Q2 |
| LPL Financial LLC added | 942,761 | $78M | 0.8% | 2026-Q2 |
| Sageworth Trust Co trimmed | 919,443 | $76M | 0.8% | 2026-Q2 |
| Pathstone Holdings, LLC added | 908,781 | $75M | 0.8% | 2026-Q2 |
| DAVENPORT & Co LLC added | 901,285 | $74M | 0.8% | 2026-Q2 |
| First Command Advisory Services, Inc. trimmed | 887,282 | $73M | 0.8% | 2026-Q2 |
| BROWN ADVISORY INC added | 878,685 | $72M | 0.7% | 2026-Q2 |
| Bernicke Wealth Management, Ltd. added | 833,700 | $69M | 0.7% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 820,209 | $68M | 0.7% | 2026-Q2 |
| Wealth Management Nebraska added | 808,407 | $67M | 0.7% | 2026-Q2 |
| Stordahl Capital Management, Inc. added | 724,321 | $60M | 0.6% | 2026-Q2 |
| MassMutual Private Wealth & Trust, FSB trimmed | 719,308 | $59M | 0.6% | 2026-Q2 |
| Cerity Partners LLC added | 704,902 | $58M | 0.6% | 2026-Q2 |
| Mariner, LLC added | 685,880 | $56M | 0.6% | 2026-Q2 |
| Chicago Partners Investment Group LLC added | 684,518 | $55M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 679,277 | $56M | 0.6% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 676,193 | $56M | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 673,027 | $55M | 0.6% | 2026-Q2 |
| Three Arch Wealth Management LLC trimmed | 622,027 | $51M | 0.5% | 2026-Q2 |
| SAX WEALTH ADVISORS, LLC added | 603,275 | $43M | 0.4% | 2026-Q2 |
| DIXON FNANCIAL SERVICES, INC. trimmed | 553,678 | $46M | 0.5% | 2026-Q2 |
| Elser Financial Planning, Inc trimmed | 539,346 | $44M | 0.5% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 516,155 | $43M | 0.4% | 2026-Q2 |
| Modera Wealth Management, LLC added | 511,559 | $42M | 0.4% | 2026-Q2 |
| KWMG, LLC added | 511,517 | $42M | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 511,228 | $42M | 0.4% | 2026-Q2 |
| Beaird Harris Wealth Management, LLC trimmed | 505,291 | $42M | 0.4% | 2026-Q2 |
| Hurlow Wealth Management Group, Inc. added | 504,189 | $42M | 0.4% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 493,646 | $41M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 492,155 | $41M | 0.4% | 2026-Q2 |
| Richard Young Associates, Ltd. added | 463,838 | $38M | 0.4% | 2026-Q2 |
| DecisionPoint Financial, LLC added | 451,314 | $37M | 0.4% | 2026-Q2 |
| Austin Asset Management Co Inc trimmed | 447,771 | $37M | 0.4% | 2026-Q2 |
| Heritage Investment Group, Inc. trimmed | 433,167 | $36M | 0.4% | 2026-Q2 |
| FINANCIAL CONSULATE, INC added | 433,095 | $36M | 0.4% | 2026-Q2 |
| Heritage Wealth Management, Inc./Texas trimmed | 426,641 | $35M | 0.4% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 420,312 | $35M | 0.4% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC trimmed | 418,581 | $34M | 0.4% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 399,583 | $33M | 0.3% | 2026-Q2 |
| ACORN CREEK CAPITAL LLC trimmed | 392,045 | $32M | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 388,136 | $32M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 368,474 | $30M | 0.3% | 2026-Q2 |
| Tanager Wealth Management LLP trimmed | 366,497 | $30M | 0.3% | 2026-Q2 |
| Disciplined Equity Management, Inc. added | 365,926 | $30M | 0.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 361,150 | $30M | 0.3% | 2026-Q2 |
| ASSETMARK, INC added | 359,277 | $30M | 0.3% | 2026-Q2 |
| CHOREO, LLC trimmed | 358,848 | $30M | 0.3% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 358,595 | $30M | 0.3% | 2026-Q2 |
| Apella Capital, LLC added | 357,928 | $29M | 0.3% | 2026-Q2 |
| MARKET STREET WEALTH MANAGEMENT ADVISORS LLC added | 354,823 | $29M | 0.3% | 2026-Q2 |
| Your Advocates Ltd., LLP added | 347,763 | $29M | 0.3% | 2026-Q2 |
| Tillman Hartley LLC added | 342,420 | $28M | 0.3% | 2026-Q2 |
| Guardian Wealth Management, LLC trimmed | 338,393 | $28M | 0.3% | 2026-Q2 |
| BUILDER INVESTMENT GROUP INC /ADV added | 324,817 | $27M | 0.3% | 2026-Q2 |
| Foster Group, Inc. trimmed | 321,166 | $26M | 0.3% | 2026-Q2 |
| Advisory Alpha, LLC added | 320,063 | $26M | 0.3% | 2026-Q2 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added | 317,417 | $26M | 0.3% | 2026-Q2 |
| Tilson Financial Group, Inc. added | 314,786 | $26M | 0.3% | 2026-Q2 |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC trimmed | 309,328 | $25M | 0.3% | 2026-Q2 |
| Parkwoods Wealth Partners, LLC added | 304,730 | $25M | 0.3% | 2026-Q2 |
| Timonier Family Office, LTD. added | 302,816 | $25M | 0.3% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 301,920 | $25M | 0.3% | 2026-Q2 |
| Planning Center, Inc. added | 300,501 | $25M | 0.3% | 2026-Q2 |
| Forum Private Client Group LLC added | 298,118 | $25M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 295,411 | $24M | 0.3% | 2026-Q2 |
| PCA Investment Advisory Services Inc. trimmed | 295,304 | $24M | 0.2% | 2026-Q2 |
| PINNEY & SCOFIELD, INC. trimmed | 290,953 | $24M | 0.2% | 2026-Q2 |
| HILL ISLAND FINANCIAL LLC added | 289,884 | $24M | 0.2% | 2026-Q2 |
| Pillar Financial Advisors, LLC trimmed | 289,794 | $24M | 0.2% | 2026-Q2 |
| MONOGRAPH WEALTH ADVISORS, LLC added | 286,224 | $24M | 0.2% | 2026-Q2 |
| McNamara Financial Services, Inc. trimmed | 283,052 | $23M | 0.2% | 2026-Q2 |
| MASECO LLP trimmed | 282,786 | $23M | 0.2% | 2026-Q2 |
| Financial Synergies Wealth Advisors, Inc. trimmed | 278,687 | $23M | 0.2% | 2026-Q2 |
| BlackRock, Inc. added | 274,915 | $23M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 271,181 | $22M | 0.2% | 2026-Q2 |
| Allodium Investment Consultants, LLC trimmed | 270,820 | $22M | 0.2% | 2026-Q2 |
| Clear Creek Financial Management, LLC added | 263,071 | $22M | 0.2% | 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.