Who owns DFAU
Which tracked institutional funds hold DFAU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFAU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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 DFAU is one-sided between 2026-Q1 and 2026-Q2: 302 added or opened and 42 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
DFAU’s largest tracked holder by dollar value, Sequoia Financial Advisors, LLC, sizes it at 2.0% of its own reported 13F book, while the median holder sizes it at 4.4% of theirs — a 2.5pp gap the other way — the median holder sizes DFAU more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFAU 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 584 tracked filers holding DFAU, 292 increased or opened the position and 249 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 DFAU 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 16
- Diversify Advisory Services, LLC$56M
- Timonier Family Office, LTD.$41M
- MARYLAND CAPITAL ADVISORS INC.$20M
- Platform Wealth Management, LLC$14M
- Revolve Wealth Partners, LLC$6M
- Noble Wealth Partners LLC$5M
Full exits 24
- EVOKE WEALTH, LLC$114M
- Financial Connections Group, Inc.$43M
- Betterment LLC$25M
- Cambridge Investment Research Advisors, Inc.$19M
- PARK AVENUE SECURITIES LLC$14M
- Navigoe, LLC$14M
Largest adds
- SYM FINANCIAL Corp$151M
- MAI Capital Management$138M
- Sequoia Financial Advisors, LLC$60M
- Annex Advisory Services, LLC$58M
- RVW Wealth, LLC$40M
- OneDigital Investment Advisors LLC$36M
Largest trims
- Lido Advisors, LLC$7M
- CreativeOne Wealth, LLC$5M
- Private Advisor Group, LLC$4M
- HFG Wealth Management, LLC$2M
- Prudent Man Investment Management, Inc.$1M
- Foundations Investment Advisors, LLC$997K
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 |
|---|---|---|---|---|
| Sequoia Financial Advisors, LLC added | 7,607,402 | $393M | 5.3% | 2026-Q2 |
| RVW Wealth, LLC added | 4,825,000 | $249M | 3.4% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 4,562,729 | $236M | 3.2% | 2026-Q2 |
| Sageworth Trust Co trimmed | 4,443,421 | $230M | 3.1% | 2026-Q2 |
| Annex Advisory Services, LLC added | 4,358,982 | $225M | 3.1% | 2026-Q2 |
| Allworth Financial LP trimmed | 3,941,811 | $204M | 2.8% | 2026-Q2 |
| Aquire Wealth Advisors, LLC added | 3,613,432 | $187M | 2.5% | 2026-Q2 |
| Focus Partners Wealth added | 3,539,244 | $183M | 2.5% | 2026-Q2 |
| MAI Capital Management added | 3,277,574 | $169M | 2.3% | 2026-Q2 |
| MARS JEWETT FINANCIAL GROUP, INC. added | 3,259,597 | $168M | 2.3% | 2026-Q2 |
| Modera Wealth Management, LLC trimmed | 3,135,937 | $162M | 2.2% | 2026-Q2 |
| SYM FINANCIAL Corp added | 3,036,703 | $157M | 2.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 2,939,806 | $152M | 2.1% | 2026-Q2 |
| Kooman & Associates trimmed | 2,864,477 | $148M | 2.0% | 2026-Q2 |
| Spinnaker Investment Group, LLC added | 2,645,051 | $137M | 1.9% | 2026-Q2 |
| Blankinship & Foster, LLC trimmed | 2,582,272 | $133M | 1.8% | 2026-Q2 |
| AE Wealth Management LLC added | 2,402,356 | $124M | 1.7% | 2026-Q2 |
| Apella Capital, LLC trimmed | 2,130,305 | $110M | 1.5% | 2026-Q2 |
| Savant Capital, LLC added | 2,107,505 | $109M | 1.5% | 2026-Q2 |
| Arista Wealth Management, LLC added | 2,104,785 | $109M | 1.5% | 2026-Q2 |
| MASECO LLP added | 2,043,736 | $106M | 1.4% | 2026-Q2 |
| Elser Financial Planning, Inc added | 1,989,838 | $103M | 1.4% | 2026-Q2 |
| WPWealth LLP trimmed | 1,826,859 | $94M | 1.3% | 2026-Q2 |
| 55 North Private Wealth, LLC added | 1,796,907 | $93M | 1.3% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC trimmed | 1,777,063 | $92M | 1.2% | 2026-Q2 |
| Pioneer Wealth Management Group added | 1,722,295 | $89M | 1.2% | 2026-Q2 |
| Krilogy Financial LLC trimmed | 1,664,175 | $86M | 1.2% | 2026-Q2 |
| Pandowealth. LLC added | 1,499,476 | $61M | 0.8% | 2026-Q2 |
| Cetera Investment Advisers added | 1,375,137 | $71M | 1.0% | 2026-Q2 |
| HILL ISLAND FINANCIAL LLC added | 1,270,580 | $66M | 0.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,254,532 | $65M | 0.9% | 2026-Q2 |
| HB Wealth Management, LLC trimmed | 1,250,136 | $65M | 0.9% | 2026-Q2 |
| Amicus Financial Advisors, LLC trimmed | 1,175,114 | $61M | 0.8% | 2026-Q2 |
| BCM ADVISORS, LLC trimmed | 1,157,030 | $59M | 0.8% | 2026-Q2 |
| Mariner, LLC trimmed | 1,142,829 | $59M | 0.8% | 2026-Q2 |
| Meridian Wealth Partners, LLC added | 1,134,778 | $59M | 0.8% | 2026-Q2 |
| Sterling Wealth Advisors Inc added | 1,130,815 | $58M | 0.8% | 2026-Q2 |
| LPL Financial LLC added | 1,128,224 | $58M | 0.8% | 2026-Q2 |
| Austin Wealth Management, LLC added | 1,126,791 | $58M | 0.8% | 2026-Q2 |
| CURIO WEALTH, LLC added | 1,108,237 | $57M | 0.8% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 1,097,631 | $56M | 0.8% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC trimmed | 1,097,631 | $56M | 0.8% | 2026-Q2 |
| Essential Planning, LLC. trimmed | 1,077,468 | $56M | 0.8% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. added | 1,068,781 | $55M | 0.8% | 2026-Q2 |
| Note Advisors, LLC added | 1,060,382 | $55M | 0.7% | 2026-Q2 |
| BRIGHTON JONES LLC added | 1,015,273 | $52M | 0.7% | 2026-Q2 |
| AlphaStar Capital Management, LLC added | 999,111 | $52M | 0.7% | 2026-Q2 |
| Alpha Financial Advisors, LLC added | 990,171 | $51M | 0.7% | 2026-Q2 |
| VeraBank, N.A. added | 970,684 | $50M | 0.7% | 2026-Q2 |
| Valued Wealth Advisors LLC trimmed | 959,941 | $50M | 0.7% | 2026-Q2 |
| TCP Asset Management, LLC added | 958,294 | $50M | 0.7% | 2026-Q2 |
| CVA Family Office, LLC added | 948,466 | $49M | 0.7% | 2026-Q2 |
| AdvisorNet Financial, Inc trimmed | 933,907 | $48M | 0.7% | 2026-Q2 |
| Advisory Alpha, LLC added | 913,266 | $47M | 0.6% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 902,048 | $47M | 0.6% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 900,201 | $47M | 0.6% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 889,600 | $46M | 0.6% | 2026-Q2 |
| SC&H Financial Advisors, Inc. added | 883,580 | $46M | 0.6% | 2026-Q2 |
| Plancorp, LLC added | 868,094 | $45M | 0.6% | 2026-Q2 |
| Fonville Wealth Management LLC trimmed | 840,001 | $43M | 0.6% | 2026-Q2 |
| ACT Advisors, LLC. added | 815,514 | $42M | 0.6% | 2026-Q2 |
| Live Oak Private Wealth LLC added | 803,153 | $42M | 0.6% | 2026-Q2 |
| Highland Financial Advisors, LLC trimmed | 794,482 | $41M | 0.6% | 2026-Q2 |
| Two West Capital Advisors LLC trimmed | 790,439 | $41M | 0.6% | 2026-Q2 |
| Timonier Family Office, LTD. added | 790,436 | $41M | 0.6% | 2026-Q2 |
| Baird Financial Group, Inc. added | 747,813 | $39M | 0.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 738,172 | $38M | 0.5% | 2026-Q2 |
| Physician Wealth Solutions Inc. added | 735,418 | $38M | 0.5% | 2026-Q2 |
| Yardley Wealth Management LLC added | 731,553 | $38M | 0.5% | 2026-Q2 |
| Wealthspire Advisors, LLC trimmed | 727,590 | $38M | 0.5% | 2026-Q2 |
| LIBERTY WEALTH MANAGEMENT LLC | 719,165 | $32M | 0.4% | 2026-Q2 |
| Bay Harbor Wealth Management, LLC added | 710,366 | $37M | 0.5% | 2026-Q2 |
| Private Wealth Management Group, LLC added | 708,536 | $37M | 0.5% | 2026-Q2 |
| Creative Planning trimmed | 705,296 | $36M | 0.5% | 2026-Q2 |
| Pathstone Holdings, LLC added | 702,119 | $36M | 0.5% | 2026-Q2 |
| Zhang Financial LLC trimmed | 688,300 | $36M | 0.5% | 2026-Q2 |
| Allegiance Financial Group Advisory Services LLC added | 673,456 | $35M | 0.5% | 2026-Q2 |
| UBS Group AG added | 648,320 | $34M | 0.5% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 646,494 | $33M | 0.5% | 2026-Q2 |
| Kure Advisory, LLC added | 630,484 | $33M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 629,305 | $33M | 0.4% | 2026-Q2 |
| Keystone Financial Group, Inc. added | 620,943 | $32M | 0.4% | 2026-Q2 |
| Spectrum Investment Advisors, Inc. trimmed | 620,035 | $32M | 0.4% | 2026-Q2 |
| M Wealth Management, LLC trimmed | 596,038 | $31M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 584,237 | $30M | 0.4% | 2026-Q2 |
| Heritage Investment Group, Inc. added | 579,824 | $30M | 0.4% | 2026-Q2 |
| Shira Ridge Wealth Management added | 568,889 | $29M | 0.4% | 2026-Q2 |
| AWM CAPITAL, LLC trimmed | 567,016 | $29M | 0.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 554,983 | $29M | 0.4% | 2026-Q2 |
| Morling Financial Advisors, LLC added | 540,576 | $28M | 0.4% | 2026-Q2 |
| SAX WEALTH ADVISORS, LLC added | 530,831 | $24M | 0.3% | 2026-Q2 |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC added | 528,385 | $27M | 0.4% | 2026-Q2 |
| Envision Financial Planning, LLC added | 524,562 | $27M | 0.4% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 522,024 | $27M | 0.4% | 2026-Q2 |
| Arax Advisory Partners added | 517,726 | $27M | 0.4% | 2026-Q2 |
| ENTREWEALTH, LLC added | 511,377 | $27M | 0.4% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC added | 498,319 | $26M | 0.4% | 2026-Q2 |
| Quantum Financial Advisors, LLC added | 494,933 | $26M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 491,652 | $25M | 0.3% | 2026-Q2 |
| Tassel Capital Management, Inc. added | 466,873 | $24M | 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.