Who owns DeFi Development Corp. (DFDV)
Which tracked institutional funds hold DFDV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFDV company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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 DFDV is one-sided between 2025-Q4 and 2026-Q1: 1 added or opened and 15 trimmed or exited — on balance reducing.
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
DFDV’s largest tracked holder by dollar value, HEIGHTS CAPITAL MANAGEMENT, INC, sizes it at 2.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DFDV 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 2025-Q4 and 2026-Q1, across 54 tracked filers holding DFDV, 27 increased or opened the position and 39 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 DFDV between the 2025-Q4 and 2026-Q1 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 1
- VANGUARD CAPITAL MANAGEMENT LLC$4M
Full exits 2
- VANGUARD GROUP INC$6M
- RK Capital Management, LLC/FL$631K
Largest trims
- Alyeska Investment Group, L.P.$2M
- MILLENNIUM MANAGEMENT LLC$1M
- Jain Global LLC$741K
- JANE STREET GROUP, LLC$682K
- BlackRock, Inc.$589K
- GEODE CAPITAL MANAGEMENT, LLC$583K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,099,337 | $4M | 8.0% | 2026-Q1 |
| BlackRock, Inc. added | 347,211 | $1M | 2.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP | 285,800 | $940K | 2.1% | 2026-Q1 |
| Alyeska Investment Group, L.P. trimmed | 268,522 | $883K | 2.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 264,867 | $872K | 1.9% | 2026-Q1 |
| UBS Group AG added | 236,448 | $778K | 1.7% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 203,979 | $671K | 1.5% | 2026-Q1 |
| DeepCurrents Investment Group LLC added | 152,257 | $501K | 1.1% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 149,715 | $493K | 1.1% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 142,872 | $470K | 1.0% | 2026-Q1 |
| MARSHALL WACE, LLP new | 140,540 | $462K | 1.0% | 2026-Q1 |
| Jain Global LLC added | 121,470 | $400K | 0.9% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 116,102 | $382K | 0.8% | 2026-Q1 |
| STATE STREET CORP added | 111,947 | $368K | 0.8% | 2026-Q1 |
| Lauer Wealth, LLC added | 79,100 | $282K | 0.6% | 2026-Q1 |
| NOMURA HOLDINGS INC | 430,530 | $220K | 0.5% | 2026-Q1 |
| Engineers Gate Manager LP trimmed | 60,599 | $199K | 0.4% | 2026-Q1 |
| BARCLAYS PLC added | 58,482 | $192K | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 54,012 | $178K | 0.4% | 2026-Q1 |
| Headlands Technologies LLC new | 50,257 | $165K | 0.4% | 2026-Q1 |
| Shay Capital LLC trimmed | 50,000 | $164K | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp new | 44,030 | $145K | 0.3% | 2026-Q1 |
| LPL Financial LLC added | 39,965 | $131K | 0.3% | 2026-Q1 |
| Pantera Capital Partners LP trimmed | 210,247 | $116K | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP new | 35,221 | $115K | 0.3% | 2026-Q1 |
| Verition Fund Management LLC added | 30,000 | $99K | 0.2% | 2026-Q1 |
| 683 Capital Management, LLC trimmed | 30,000 | $99K | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 20,952 | $69K | 0.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC new | 20,914 | $69K | 0.2% | 2026-Q1 |
| IMC-Chicago, LLC new | 20,494 | $67K | 0.1% | 2026-Q1 |
| BlueChip Wealth Advisors LLC new | 17,500 | $58K | 0.1% | 2026-Q1 |
| CAPSTONE INVESTMENT ADVISORS, LLC | 15,144 | $50K | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 13,900 | $46K | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 12,549 | $41K | 0.1% | 2026-Q1 |
| Weiss Asset Management LP | 59,998 | $31K | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 8,364 | $28K | 0.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 47,054 | $26K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 42,373 | $22K | 0.0% | 2026-Q1 |
| Leonteq Securities AG added | 5,000 | $16K | 0.0% | 2026-Q1 |
| US BANCORP \DE\ | 3,600 | $12K | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 12,025 | $7K | 0.0% | 2026-Q1 |
| Quantbot Technologies LP new | 1,871 | $6K | 0.0% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 10,910 | $6K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 1,122 | $4K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 624 | $2K | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 542 | $2K | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) trimmed | 306 | $1K | 0.0% | 2026-Q1 |
| HOLLENCREST CAPITAL MANAGEMENT added | 281 | $924 | 0.0% | 2026-Q1 |
| CWM, LLC added | 32 | $105 | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 202 | $101 | 0.0% | 2026-Q1 |
| Purpose Unlimited Inc. trimmed | 55 | $29 | 0.0% | 2026-Q1 |
| DANSKE BANK A/S | 2 | $1 | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 13 | — | 0.0% | 2026-Q1 |
| Arrington Capital Management, LLC new | 534,400 | — | 0.0% | 2026-Q1 |
| HEIGHTS CAPITAL MANAGEMENT, INC new | 586,312 | $9M | 19.9% | 2025-Q3 stale |
| VANGUARD GROUP INC added | 1,261,601 | $6M | 14.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC new | 364,197 | $6M | 12.4% | 2025-Q3 stale |
| Anatole Investment Management Ltd new | 193,700 | $4M | 9.2% | 2025-Q2 stale |
| ADVENT CAPITAL MANAGEMENT /DE/ new | 50,000 | $766K | 1.7% | 2025-Q3 stale |
| RK Capital Management, LLC/FL added | 124,882 | $631K | 1.4% | 2025-Q4 stale |
| WOLVERINE TRADING, LLC new | 31,069 | $502K | 1.1% | 2025-Q3 stale |
| Centiva Capital, LP new | 30,617 | $469K | 1.0% | 2025-Q3 stale |
| Galaxy Group Investments LLC new | 16,522 | $354K | 0.8% | 2025-Q2 stale |
| Quadrature Capital Ltd new | 62,901 | $318K | 0.7% | 2025-Q4 stale |
| PALISADE CAPITAL MANAGEMENT, LP new | 18,200 | $279K | 0.6% | 2025-Q3 stale |
| NewEdge Advisors, LLC added | 51,408 | $260K | 0.6% | 2025-Q4 stale |
| OMERS ADMINISTRATION Corp new | 47,600 | $240K | 0.5% | 2025-Q4 stale |
| State of Wyoming new | 39,014 | $197K | 0.4% | 2025-Q4 stale |
| XTX Topco Ltd added | 37,959 | $192K | 0.4% | 2025-Q4 stale |
| Aristides Capital LLC new | 37,100 | $187K | 0.4% | 2025-Q4 stale |
| SG Americas Securities, LLC new | 10,734 | $164K | 0.4% | 2025-Q3 stale |
| Polar Asset Management Partners Inc. trimmed | 99,999 | $151K | 0.3% | 2025-Q4 stale |
| Qube Research & Technologies Ltd new | 26,197 | $132K | 0.3% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC new | 4,347 | $93K | 0.2% | 2025-Q2 stale |
| Rossby Financial, LCC new | 5,000 | $76K | 0.2% | 2025-Q3 stale |
| Squarepoint Ops LLC new | 11,381 | $57K | 0.1% | 2025-Q4 stale |
| Belvedere Trading LLC trimmed | 3,723 | $57K | 0.1% | 2025-Q3 stale |
| Sanctuary Advisors, LLC new | 10,662 | $54K | 0.1% | 2025-Q4 stale |
| Caitong International Asset Management Co., Ltd new | 9,313 | $47K | 0.1% | 2025-Q4 stale |
| OSAIC HOLDINGS, INC. added | 1,637 | $26K | 0.1% | 2025-Q3 stale |
| Federation des caisses Desjardins du Quebec new | 4,000 | $20K | 0.0% | 2025-Q4 stale |
| WOLVERINE ASSET MANAGEMENT LLC new | 9,919 | $15K | 0.0% | 2025-Q4 stale |
| Global Retirement Partners, LLC new | 392 | $8K | 0.0% | 2025-Q2 stale |
| CoreCap Advisors, LLC new | 1,000 | $5K | 0.0% | 2025-Q4 stale |
| Bogart Wealth, LLC new | 250 | $4K | 0.0% | 2025-Q3 stale |
| Larson Financial Group LLC new | 100 | $2K | 0.0% | 2025-Q2 stale |
| BANK OF AMERICA CORP /DE/ trimmed | 589 | $913 | 0.0% | 2025-Q4 stale |
| NATIONAL BANK OF CANADA /FI/ new | 36 | $772 | 0.0% | 2025-Q2 stale |
| Strengthening Families & Communities, LLC new | 50 | $253 | 0.0% | 2025-Q4 stale |
| Signature Resources Capital Management, LLC new | 10 | $50 | 0.0% | 2025-Q4 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 1 | $2 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
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.