Who owns DFE
Which tracked institutional funds hold DFE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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 DFE is one-sided between 2026-Q1 and 2026-Q2: 4 added or opened and 1 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
DFE’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes DFE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFE 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 61 tracked filers holding DFE, 25 increased or opened the position and 20 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 DFE 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 2
- Seven Bridges Advisors LLC$6M
- DONALDSON CAPITAL MANAGEMENT, LLC$531K
Full exits 1
- Bank of New York Mellon Corp$2M
Largest adds
- 3EDGE Asset Management, LP$2M
- BANK OF AMERICA CORP /DE/$2M
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 |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 109,857 | $8M | 12.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 92,910 | $7M | 10.7% | 2026-Q2 |
| Seven Bridges Advisors LLC new | 84,248 | $6M | 9.7% | 2026-Q2 |
| COURIER CAPITAL LLC added | 76,379 | $5M | 8.8% | 2026-Q2 |
| UBS Group AG trimmed | 48,937 | $4M | 5.6% | 2026-Q2 |
| 3EDGE Asset Management, LP added | 39,772 | $3M | 4.6% | 2026-Q2 |
| Vontobel Holding Ltd. | 34,776 | $3M | 4.0% | 2026-Q2 |
| Virtus Family Office LLC added | 28,641 | $2M | 3.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 22,970 | $2M | 2.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 19,713 | $1M | 2.3% | 2026-Q2 |
| Gotham Asset Management, LLC | 15,185 | $1M | 1.7% | 2026-Q2 |
| LPL Financial LLC added | 14,059 | $1M | 1.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 8,737 | $629K | 1.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 8,211 | $591K | 0.9% | 2026-Q2 |
| Baird Financial Group, Inc. added | 8,075 | $581K | 0.9% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 7,655 | $551K | 0.9% | 2026-Q2 |
| DONALDSON CAPITAL MANAGEMENT, LLC new | 7,377 | $531K | 0.8% | 2026-Q2 |
| Financial Perspectives, Inc added | 6,134 | $441K | 0.7% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC | 5,840 | $420K | 0.7% | 2026-Q2 |
| Lynx Investment Advisory trimmed | 5,714 | $411K | 0.7% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 5,473 | $394K | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 5,315 | $383K | 0.6% | 2026-Q2 |
| Hedges Asset Management LLC | 5,000 | $360K | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 4,847 | $349K | 0.6% | 2026-Q2 |
| KAVAR CAPITAL PARTNERS GROUP, LLC | 4,308 | $310K | 0.5% | 2026-Q2 |
| Sovereign Financial Group, Inc. trimmed | 4,144 | $298K | 0.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 4,055 | $292K | 0.5% | 2026-Q2 |
| Stratos Wealth Partners, LTD. | 3,870 | $279K | 0.4% | 2026-Q2 |
| Advisory Services Network, LLC | 3,380 | $243K | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO | 3,285 | $236K | 0.4% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 2,725 | $200K | 0.3% | 2026-Q2 |
| FIFTH THIRD BANCORP | 2,140 | $154K | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,731 | $123K | 0.2% | 2026-Q2 |
| SBI Securities Co., Ltd. | 1,667 | $120K | 0.2% | 2026-Q2 |
| ATLAS CAPITAL ADVISORS INC. | 1,462 | $105K | 0.2% | 2026-Q2 |
| Dunhill Financial, LLC added | 1,350 | $97K | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 1,307 | $94K | 0.2% | 2026-Q2 |
| Front Row Advisors LLC | 1,082 | $83K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 1,134 | $82K | 0.1% | 2026-Q2 |
| Capital Investment Advisory Services, LLC | 700 | $50K | 0.1% | 2026-Q2 |
| FMR LLC added | 555 | $40K | 0.1% | 2026-Q2 |
| TD Waterhouse Canada Inc. | 500 | $36K | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ | 395 | $28K | 0.0% | 2026-Q2 |
| HARBOR INVESTMENT ADVISORY, LLC | 370 | $27K | 0.0% | 2026-Q2 |
| Institute for Wealth Management, LLC. new | 343 | $25K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 280 | $20K | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 270 | $19K | 0.0% | 2026-Q2 |
| Migdal Insurance & Financial Holdings Ltd. trimmed | 270 | $19K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ | 200 | $14K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 175 | $13K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC | 141 | $10K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC | 100 | $7K | 0.0% | 2026-Q2 |
| CONSULTIVA WEALTH MANAGEMENT, CORP. | 97 | $7K | 0.0% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL | 95 | $7K | 0.0% | 2026-Q2 |
| Allworth Financial LP | 83 | $6K | 0.0% | 2026-Q2 |
| LRI Investments, LLC | 44 | $3K | 0.0% | 2026-Q2 |
| LifeSteps Financial, Inc. new | 40 | $3K | 0.0% | 2026-Q2 |
| Lodestone Wealth Management LLC | 18 | $1K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ | 8 | $576 | 0.0% | 2026-Q2 |
| Luminist Capital LLC | 8 | $576 | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 4 | $288 | 0.0% | 2026-Q2 |
| Bank of New York Mellon Corp added | 25,876 | $2M | 3.0% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC trimmed | 6,597 | $473K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. | 3,661 | $263K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| CX Institutional added | 1,920 | $138K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Forum Finance Group S.A. new | 2,330 | $135K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CITIGROUP INC new | 550 | $39K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC | 300 | $22K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Cherry Tree Wealth Management, LLC | 176 | $13K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Virginia Estate & Retirement Planning Advisors Inc. new | 162 | $6K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| TSFG, LLC | 26 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| MAI Capital Management | 5 | $359 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC added | 72,143 | $5M | 8.3% | 2025-Q4 stale (2 quarters behind) |
| CIBC Private Wealth Group LLC | 1,800 | $129K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK | 1,026 | $74K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| RMG Wealth Management LLC new | 543 | $30K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Biltmore Family Office, LLC new | 357 | $26K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| MidFirst Bank new | 33 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Corient Private Wealth LLC new | 3,137 | $221K | 0.4% | 2025-Q3 stale (3 quarters behind) |
| Lowe Wealth Advisors, LLC | 5 | $352 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Eldridge Investment Advisors, Inc. new | 21,925 | $2M | 2.5% | 2025-Q2 stale (4 quarters behind) |
| CITADEL ADVISORS LLC added | 12,311 | $863K | 1.4% | 2025-Q2 stale (4 quarters behind) |
| TFG Advisers LLC added | 4,164 | $292K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| AMERIPRISE FINANCIAL INC trimmed | 2,997 | $210K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| GARRISON BRADFORD & ASSOCIATES INC | 1,100 | $77K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Sunbelt Securities, Inc. | 360 | $20K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Tower Research Capital LLC (TRC) trimmed | 1 | $70 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Cedar Mountain Advisors, LLC | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.