Who owns DFAX
Which tracked institutional funds hold DFAX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFAX 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 DFAX is one-sided between 2026-Q1 and 2026-Q2: 260 added or opened and 50 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
DFAX’s largest tracked holder by dollar value, Focus Partners Wealth, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 3.7% of theirs — a 3.3pp gap the other way — the median holder sizes DFAX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFAX 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 688 tracked filers holding DFAX, 331 increased or opened the position and 292 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 DFAX 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 18
- Evanson Financial, LLC$84M
- Aspen Private Advisors, LLC$28M
- LAWOOD & CO$8M
- Atria Investments, Inc$5M
- Platform Wealth Management, LLC$5M
- McGrath & Associates, Inc.$5M
Full exits 31
- Evanson Asset Management, LLC$78M
- Warburton Capital Management, LLC$44M
- HighTower Advisors, LLC$39M
- Cambridge Investment Research Advisors, Inc.$30M
- GOLDMAN SACHS GROUP INC$21M
- von Borstel & Associates, Inc.$18M
Largest adds
- JANE STREET GROUP, LLC$66M
- BANK OF AMERICA CORP /DE/$35M
- Geometric Wealth Advisors$33M
- MONOGRAPH WEALTH ADVISORS, LLC$30M
- Focus Partners Wealth$30M
- BIP Wealth, LLC$29M
Largest trims
- CAPTRUST FINANCIAL ADVISORS$18M
- Private Advisor Group, LLC$11M
- Corient Private Wealth LP$8M
- Waverly Advisors, LLC$8M
- Allworth Financial LP$4M
- Greenspring Advisors, 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 |
|---|---|---|---|---|
| Focus Partners Wealth trimmed | 10,393,265 | $383M | 4.9% | 2026-Q2 |
| ALERUS FINANCIAL NA trimmed | 8,368,617 | $308M | 4.0% | 2026-Q2 |
| LPL Financial LLC trimmed | 8,228,270 | $303M | 3.9% | 2026-Q2 |
| Geometric Wealth Advisors added | 7,779,410 | $287M | 3.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,693,905 | $247M | 3.2% | 2026-Q2 |
| Allworth Financial LP trimmed | 6,594,247 | $243M | 3.1% | 2026-Q2 |
| MONOGRAPH WEALTH ADVISORS, LLC added | 6,491,032 | $239M | 3.1% | 2026-Q2 |
| GLENMEDE TRUST CO NA added | 5,222,632 | $192M | 2.5% | 2026-Q2 |
| Great Waters Wealth Management added | 5,054,079 | $186M | 2.4% | 2026-Q2 |
| FACTORY MUTUAL INSURANCE CO | 4,806,630 | $177M | 2.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 4,450,159 | $164M | 2.1% | 2026-Q2 |
| Plancorp, LLC trimmed | 3,903,563 | $142M | 1.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 3,862,746 | $142M | 1.8% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC added | 3,743,466 | $138M | 1.8% | 2026-Q2 |
| Triune Financial Partners, LLC added | 3,692,741 | $136M | 1.7% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC trimmed | 3,488,957 | $129M | 1.6% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 3,295,765 | $121M | 1.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 3,205,258 | $118M | 1.5% | 2026-Q2 |
| ASSETMARK, INC trimmed | 2,814,600 | $104M | 1.3% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 2,791,019 | $103M | 1.3% | 2026-Q2 |
| UBS Group AG added | 2,703,859 | $100M | 1.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,626,969 | $97M | 1.2% | 2026-Q2 |
| Morton Capital Management LLC/CA added | 2,465,252 | $91M | 1.2% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 2,462,672 | $91M | 1.2% | 2026-Q2 |
| Creative Capital Management Investments LLC added | 2,434,768 | $90M | 1.2% | 2026-Q2 |
| New Capital Management LP added | 2,410,224 | $89M | 1.1% | 2026-Q2 |
| Planning Center, Inc. trimmed | 2,391,457 | $88M | 1.1% | 2026-Q2 |
| Core Wealth Management, Inc. trimmed | 2,313,175 | $85M | 1.1% | 2026-Q2 |
| GeoWealth Management, LLC trimmed | 2,311,945 | $85M | 1.1% | 2026-Q2 |
| Evanson Financial, LLC new | 2,274,985 | $84M | 1.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 2,231,887 | $82M | 1.1% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,214,709 | $82M | 1.0% | 2026-Q2 |
| Tumwater Wealth Management, LLC added | 2,158,889 | $80M | 1.0% | 2026-Q2 |
| Confluence Wealth Services, Inc. added | 2,070,402 | $76M | 1.0% | 2026-Q2 |
| Capstone Financial Advisors, Inc. trimmed | 2,043,404 | $75M | 1.0% | 2026-Q2 |
| Glassman Wealth Services added | 2,007,568 | $74M | 0.9% | 2026-Q2 |
| Cardinal Point Capital Management ULC added | 1,963,742 | $72M | 0.9% | 2026-Q2 |
| BAKER BOYER NATIONAL BANK added | 1,949,537 | $72M | 0.9% | 2026-Q2 |
| Greenspring Advisors, LLC trimmed | 1,894,281 | $70M | 0.9% | 2026-Q2 |
| BetterWealth, LLC trimmed | 1,808,735 | $67M | 0.9% | 2026-Q2 |
| LRI Investments, LLC added | 1,783,165 | $66M | 0.8% | 2026-Q2 |
| MARS JEWETT FINANCIAL GROUP, INC. added | 1,626,249 | $60M | 0.8% | 2026-Q2 |
| Financial Symmetry Inc added | 1,603,245 | $59M | 0.8% | 2026-Q2 |
| Apella Capital, LLC trimmed | 1,602,530 | $59M | 0.8% | 2026-Q2 |
| Trellis Wealth Advisors LLC trimmed | 1,596,426 | $59M | 0.8% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,585,523 | $58M | 0.7% | 2026-Q2 |
| Asset Dedication, LLC trimmed | 1,572,354 | $58M | 0.7% | 2026-Q2 |
| HFM Investment Advisors, LLC trimmed | 1,534,860 | $57M | 0.7% | 2026-Q2 |
| Strathmore Capital Advisors, Inc. added | 1,492,148 | $54M | 0.7% | 2026-Q2 |
| Altiora Financial Group, LLC added | 1,468,984 | $54M | 0.7% | 2026-Q2 |
| MASTER'S WEALTH MANAGEMENT INC. added | 1,424,036 | $52M | 0.7% | 2026-Q2 |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC trimmed | 1,410,622 | $52M | 0.7% | 2026-Q2 |
| N.E.W. Advisory Services LLC added | 1,399,265 | $52M | 0.7% | 2026-Q2 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors trimmed | 1,362,389 | $50M | 0.6% | 2026-Q2 |
| Johnson Wealth Management, LLC added | 1,347,961 | $50M | 0.6% | 2026-Q2 |
| Savant Capital, LLC added | 1,328,450 | $49M | 0.6% | 2026-Q2 |
| DEMMING FINANCIAL SERVICES CORP /ADV added | 1,317,129 | $49M | 0.6% | 2026-Q2 |
| ShankerValleau Wealth Advisors, Inc. trimmed | 1,275,089 | $47M | 0.6% | 2026-Q2 |
| Babb Wealth Advisors LLC added | 1,241,297 | $46M | 0.6% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 1,215,877 | $45M | 0.6% | 2026-Q2 |
| Financial Engines Advisors L.L.C. trimmed | 1,211,224 | $45M | 0.6% | 2026-Q2 |
| Onyx Financial Advisors, LLC added | 1,184,461 | $44M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 1,153,522 | $42M | 0.5% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC trimmed | 1,120,817 | $41M | 0.5% | 2026-Q2 |
| VANCE WEALTH, LLC added | 1,112,424 | $41M | 0.5% | 2026-Q2 |
| CARDIFF PARK ADVISORS, LLC trimmed | 1,110,002 | $41M | 0.5% | 2026-Q2 |
| CAHILL FINANCIAL ADVISORS INC added | 1,067,151 | $39M | 0.5% | 2026-Q2 |
| Forum Financial Management, LP trimmed | 1,049,121 | $39M | 0.5% | 2026-Q2 |
| Old Peak Finance LLC added | 948,539 | $35M | 0.4% | 2026-Q2 |
| Shearwater Capital LLC added | 920,770 | $34M | 0.4% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 891,121 | $33M | 0.4% | 2026-Q2 |
| ACCREDITED INVESTOR SERVICES, LLC added | 880,269 | $32M | 0.4% | 2026-Q2 |
| Meridian Wealth Partners, LLC trimmed | 844,650 | $31M | 0.4% | 2026-Q2 |
| BRIGHTON JONES LLC added | 840,321 | $31M | 0.4% | 2026-Q2 |
| BIP Wealth, LLC added | 837,360 | $31M | 0.4% | 2026-Q2 |
| TCI Wealth Advisors, Inc. trimmed | 800,336 | $29M | 0.4% | 2026-Q2 |
| Destiny Wealth Partners, LLC trimmed | 793,729 | $29M | 0.4% | 2026-Q2 |
| Mariner, LLC added | 782,836 | $29M | 0.4% | 2026-Q2 |
| RFG Advisory, LLC trimmed | 782,441 | $29M | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 771,681 | $28M | 0.4% | 2026-Q2 |
| HB Wealth Management, LLC added | 770,819 | $28M | 0.4% | 2026-Q2 |
| Wolfstich Capital, LLC added | 764,422 | $28M | 0.4% | 2026-Q2 |
| Aspen Private Advisors, LLC new | 764,320 | $28M | 0.4% | 2026-Q2 |
| Momentous Wealth Management, Inc. added | 748,420 | $28M | 0.4% | 2026-Q2 |
| ASPIRIANT, LLC | 727,702 | $27M | 0.3% | 2026-Q2 |
| Conrad Siegel Investment Advisors, Inc. added | 720,654 | $27M | 0.3% | 2026-Q2 |
| Financial Plan, Inc. trimmed | 718,310 | $26M | 0.3% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 716,825 | $26M | 0.3% | 2026-Q2 |
| CHERRYDALE WEALTH MANAGEMENT, LLC added | 704,170 | $26M | 0.3% | 2026-Q2 |
| Glassy Mountain Advisors, Inc. trimmed | 700,494 | $26M | 0.3% | 2026-Q2 |
| Sensible Money, LLC trimmed | 675,314 | $25M | 0.3% | 2026-Q2 |
| MilWealth Group LLC trimmed | 670,634 | $25M | 0.3% | 2026-Q2 |
| LEGACY FINANCIAL GROUP, INC. added | 667,000 | $25M | 0.3% | 2026-Q2 |
| marrick wealth, LLC added | 664,948 | $24M | 0.3% | 2026-Q2 |
| Chicago Partners Investment Group LLC trimmed | 631,244 | $23M | 0.3% | 2026-Q2 |
| IFG Advisory, LLC added | 624,247 | $23M | 0.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 621,951 | $23M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 615,470 | $23M | 0.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 603,863 | $22M | 0.3% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 598,384 | $22M | 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.