Who owns DFAT
Which tracked institutional funds hold DFAT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFAT 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 DFAT is one-sided between 2026-Q1 and 2026-Q2: 336 added or opened and 55 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
DFAT’s largest tracked holder by dollar value, Creative Planning, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 2.7% of theirs — a 2.1pp gap the other way — the median holder sizes DFAT more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFAT 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 826 tracked filers holding DFAT, 350 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 DFAT 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 26
- Evanson Financial, LLC$76M
- Highland Investment Advisors LLC$9M
- Timonier Family Office, LTD.$9M
- AXXCESS WEALTH MANAGEMENT, LLC$7M
- MARYLAND CAPITAL ADVISORS INC.$6M
- Platform Wealth Management, LLC$6M
Full exits 38
- HighTower Advisors, LLC$112M
- Premier Financial Group$75M
- Evanson Asset Management, LLC$67M
- EXENCIAL WEALTH ADVISORS, LLC$23M
- Betterment LLC$23M
- Cambridge Investment Research Advisors, Inc.$16M
Largest adds
- Creative Planning$86M
- Forum Financial Management, LP$79M
- Savant Capital, LLC$76M
- EP Wealth Advisors, LLC$64M
- Pure Financial Advisors, LLC$55M
- Focus Partners Wealth$51M
Largest trims
- Corient Private Wealth LP$39M
- Plancorp, LLC$37M
- Abacus Wealth Partners, LLC$13M
- Frankly Finances, LLC$4M
- First Command Advisory Services, Inc.$3M
- Zhang Financial 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 |
|---|---|---|---|---|
| Creative Planning trimmed | 13,305,154 | $930M | 10.0% | 2026-Q2 |
| Focus Partners Wealth trimmed | 12,491,981 | $873M | 9.4% | 2026-Q2 |
| Forum Financial Management, LP added | 10,383,581 | $726M | 7.8% | 2026-Q2 |
| Index Fund Advisors, Inc. trimmed | 6,328,437 | $442M | 4.8% | 2026-Q2 |
| Pure Financial Advisors, LLC added | 5,711,959 | $399M | 4.3% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC trimmed | 5,632,475 | $394M | 4.2% | 2026-Q2 |
| Savant Capital, LLC added | 5,350,293 | $375M | 4.0% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 4,751,916 | $332M | 3.6% | 2026-Q2 |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC trimmed | 2,814,122 | $197M | 2.1% | 2026-Q2 |
| Asset Dedication, LLC added | 2,548,907 | $178M | 1.9% | 2026-Q2 |
| Apella Capital, LLC trimmed | 2,077,701 | $144M | 1.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,834,767 | $128M | 1.4% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 1,804,284 | $126M | 1.4% | 2026-Q2 |
| Trust Co of the South trimmed | 1,754,110 | $123M | 1.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 1,681,761 | $118M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,618,758 | $113M | 1.2% | 2026-Q2 |
| EARNED WEALTH ADVISORS, LLC added | 1,505,769 | $105M | 1.1% | 2026-Q2 |
| Smartleaf Asset Management LLC | 1,491,922 | $104M | 1.1% | 2026-Q2 |
| Truepoint, Inc. trimmed | 1,464,173 | $102M | 1.1% | 2026-Q2 |
| GREAT OAK CAPITAL PARTNERS, LLC added | 1,438,350 | $100M | 1.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC added | 1,391,428 | $97M | 1.0% | 2026-Q2 |
| Cerity Partners LLC added | 1,335,533 | $93M | 1.0% | 2026-Q2 |
| LPL Financial LLC added | 1,258,840 | $88M | 0.9% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 1,178,115 | $80M | 0.9% | 2026-Q2 |
| Sensible Money, LLC added | 1,091,399 | $76M | 0.8% | 2026-Q2 |
| Evanson Financial, LLC new | 1,090,019 | $76M | 0.8% | 2026-Q2 |
| Allworth Financial LP added | 1,060,969 | $74M | 0.8% | 2026-Q2 |
| Abacus Wealth Partners, LLC trimmed | 1,024,195 | $72M | 0.8% | 2026-Q2 |
| Parkwoods Wealth Partners, LLC added | 925,410 | $65M | 0.7% | 2026-Q2 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added | 922,732 | $64M | 0.7% | 2026-Q2 |
| Team Hewins, LLC trimmed | 917,911 | $64M | 0.7% | 2026-Q2 |
| Great Waters Wealth Management added | 888,357 | $62M | 0.7% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 846,849 | $59M | 0.6% | 2026-Q2 |
| ASSETMARK, INC added | 845,930 | $59M | 0.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 825,208 | $58M | 0.6% | 2026-Q2 |
| Joel Isaacson & Co., LLC added | 823,931 | $58M | 0.6% | 2026-Q2 |
| BAYSHORE ASSET MANAGEMENT, LLC trimmed | 816,647 | $57M | 0.6% | 2026-Q2 |
| Mariner, LLC trimmed | 787,152 | $55M | 0.6% | 2026-Q2 |
| SAX WEALTH ADVISORS, LLC added | 775,382 | $48M | 0.5% | 2026-Q2 |
| Modera Wealth Management, LLC added | 770,649 | $54M | 0.6% | 2026-Q2 |
| Plancorp, LLC trimmed | 758,035 | $53M | 0.6% | 2026-Q2 |
| MONOGRAPH WEALTH ADVISORS, LLC added | 756,908 | $53M | 0.6% | 2026-Q2 |
| RW Investment Management LLC trimmed | 741,761 | $52M | 0.6% | 2026-Q2 |
| Three Arch Wealth Management LLC trimmed | 730,943 | $51M | 0.6% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC trimmed | 712,667 | $50M | 0.5% | 2026-Q2 |
| KEB ASSET MANAGEMENT, LLC trimmed | 685,036 | $48M | 0.5% | 2026-Q2 |
| Cetera Investment Advisers added | 662,401 | $46M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 658,102 | $46M | 0.5% | 2026-Q2 |
| Tumwater Wealth Management, LLC added | 636,708 | $45M | 0.5% | 2026-Q2 |
| Aspen Wealth Management LLC added | 584,682 | $41M | 0.4% | 2026-Q2 |
| Richard Young Associates, Ltd. trimmed | 558,629 | $39M | 0.4% | 2026-Q2 |
| Confluence Wealth Services, Inc. added | 554,562 | $39M | 0.4% | 2026-Q2 |
| Financial Harvest, LLC added | 538,074 | $38M | 0.4% | 2026-Q2 |
| UBS Group AG added | 529,301 | $37M | 0.4% | 2026-Q2 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 505,941 | $35M | 0.4% | 2026-Q2 |
| EnRich Financial Partners LLC trimmed | 504,548 | $35M | 0.4% | 2026-Q2 |
| Beaird Harris Wealth Management, LLC trimmed | 472,417 | $33M | 0.4% | 2026-Q2 |
| Summit Financial Strategies, Inc. added | 472,327 | $33M | 0.4% | 2026-Q2 |
| Planning Center, Inc. trimmed | 467,301 | $33M | 0.4% | 2026-Q2 |
| TCI Wealth Advisors, Inc. trimmed | 465,341 | $33M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 461,947 | $32M | 0.3% | 2026-Q2 |
| NorthAvenue LLC added | 455,179 | $32M | 0.3% | 2026-Q2 |
| AE Wealth Management LLC added | 454,658 | $32M | 0.3% | 2026-Q2 |
| Babb Wealth Advisors LLC added | 453,835 | $32M | 0.3% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 447,591 | $31M | 0.3% | 2026-Q2 |
| Conrad Siegel Investment Advisors, Inc. added | 445,523 | $31M | 0.3% | 2026-Q2 |
| Forvis Mazars Wealth Advisors, LLC trimmed | 436,219 | $30M | 0.3% | 2026-Q2 |
| Squire Investment Management Company, LLC trimmed | 432,120 | $30M | 0.3% | 2026-Q2 |
| Watchman Group, Inc. added | 431,658 | $30M | 0.3% | 2026-Q2 |
| Disciplined Equity Management, Inc. added | 429,100 | $30M | 0.3% | 2026-Q2 |
| Allen Capital Group, LLC added | 421,972 | $29M | 0.3% | 2026-Q2 |
| TFC Financial Management, Inc. added | 411,492 | $29M | 0.3% | 2026-Q2 |
| Cambridge Financial Group, LLC added | 405,762 | $28M | 0.3% | 2026-Q2 |
| Meritas Wealth Management, LLC trimmed | 403,496 | $28M | 0.3% | 2026-Q2 |
| Lauterbach Financial Advisors, LLC added | 390,415 | $27M | 0.3% | 2026-Q2 |
| First Command Advisory Services, Inc. trimmed | 387,111 | $27M | 0.3% | 2026-Q2 |
| Foster Group, Inc. trimmed | 385,529 | $27M | 0.3% | 2026-Q2 |
| MASTER'S WEALTH MANAGEMENT INC. added | 384,734 | $27M | 0.3% | 2026-Q2 |
| Henrickson Nauta Wealth Advisors, Inc. added | 384,676 | $27M | 0.3% | 2026-Q2 |
| TFO Wealth Partners, LLC trimmed | 381,720 | $27M | 0.3% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 373,158 | $26M | 0.3% | 2026-Q2 |
| ECLECTIC ASSOCIATES INC /ADV added | 369,252 | $26M | 0.3% | 2026-Q2 |
| Triune Financial Partners, LLC added | 366,685 | $26M | 0.3% | 2026-Q2 |
| Sterling Wealth Management, Inc. added | 365,048 | $26M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. added | 363,048 | $25M | 0.3% | 2026-Q2 |
| Elser Financial Planning, Inc trimmed | 358,376 | $25M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 355,243 | $25M | 0.3% | 2026-Q2 |
| Guardian Wealth Management, LLC trimmed | 352,499 | $25M | 0.3% | 2026-Q2 |
| BlackRock, Inc. added | 349,809 | $24M | 0.3% | 2026-Q2 |
| Visionary Wealth Advisors trimmed | 344,964 | $24M | 0.3% | 2026-Q2 |
| CHOREO, LLC trimmed | 343,578 | $24M | 0.3% | 2026-Q2 |
| Tillman Hartley LLC trimmed | 331,926 | $23M | 0.3% | 2026-Q2 |
| KELLY FINANCIAL GROUP LLC added | 329,931 | $23M | 0.2% | 2026-Q2 |
| RS CRUM INC. added | 326,265 | $23M | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 325,065 | $23M | 0.2% | 2026-Q2 |
| KILNER CAPITAL ADVISORS, LLC added | 319,755 | $22M | 0.2% | 2026-Q2 |
| Atlantic Union Bankshares Corp added | 315,251 | $22M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 314,291 | $22M | 0.2% | 2026-Q2 |
| BRIDGE GENERATIONS WEALTH MANAGEMENT LLC added | 311,403 | $22M | 0.2% | 2026-Q2 |
| CARDIFF PARK ADVISORS, LLC trimmed | 307,986 | $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.