Who owns DFEM
Which tracked institutional funds hold DFEM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFEM 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 DFEM is one-sided between 2026-Q1 and 2026-Q2: 328 added or opened and 44 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
DFEM’s largest tracked holder by dollar value, Forum Financial Management, LP, sizes it at 8.2% of its own reported 13F book, while the median holder sizes it at 3.1% of theirs — a 5.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DFEM 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 574 tracked filers holding DFEM, 323 increased or opened the position and 257 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 DFEM 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 23
- Evanson Financial, LLC$24M
- Woodward Financial Advisors, Inc.$23M
- Curated Wealth Partners LLC$21M
- NewEdge Advisors, LLC$14M
- Timonier Family Office, LTD.$12M
- BEACON HILL WEALTH MANAGEMENT LTD.$8M
Full exits 25
- HighTower Advisors, LLC$111M
- Evensky & Katz LLC$82M
- CWM, LLC$63M
- Betterment LLC$32M
- DiNuzzo Private Wealth, Inc.$26M
- PEAPACK GLADSTONE FINANCIAL CORP$24M
Largest adds
- Focus Partners Advisor Solutions, LLC$93M
- Focus Partners Wealth$91M
- Forum Financial Management, LP$74M
- NORTHERN TRUST CORP$37M
- Savant Capital, LLC$32M
- Sequoia Financial Advisors, LLC$31M
Largest trims
- Corient Private Wealth LP$148M
- JANE STREET GROUP, LLC$33M
- Miramar Fiduciary Corp$6M
- Bank of New York Mellon Corp$5M
- Sensenig Capital Advisors, Inc$4M
- MORGAN STANLEY$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 |
|---|---|---|---|---|
| Forum Financial Management, LP trimmed | 15,767,639 | $641M | 11.1% | 2026-Q2 |
| Focus Partners Wealth added | 9,899,602 | $402M | 6.9% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 8,824,359 | $359M | 6.2% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 5,299,151 | $215M | 3.7% | 2026-Q2 |
| Truepoint, Inc. trimmed | 4,964,110 | $202M | 3.5% | 2026-Q2 |
| Savant Capital, LLC added | 4,375,866 | $178M | 3.1% | 2026-Q2 |
| HBK Sorce Advisory LLC added | 3,354,929 | $131M | 2.3% | 2026-Q2 |
| Forvis Mazars Wealth Advisors, LLC added | 3,210,847 | $130M | 2.3% | 2026-Q2 |
| Parcion Private Wealth LLC trimmed | 2,602,795 | $106M | 1.8% | 2026-Q2 |
| Asset Dedication, LLC trimmed | 2,462,535 | $100M | 1.7% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 2,341,339 | $95M | 1.6% | 2026-Q2 |
| JMG Financial Group, Ltd. added | 2,333,403 | $95M | 1.6% | 2026-Q2 |
| MASECO LLP added | 2,307,093 | $94M | 1.6% | 2026-Q2 |
| Greenspring Advisors, LLC trimmed | 2,275,109 | $92M | 1.6% | 2026-Q2 |
| LPL Financial LLC added | 2,265,466 | $92M | 1.6% | 2026-Q2 |
| Rockwood Wealth Management, LLC trimmed | 2,156,982 | $88M | 1.5% | 2026-Q2 |
| RW Investment Management LLC trimmed | 1,953,688 | $79M | 1.4% | 2026-Q2 |
| AWM CAPITAL, LLC added | 1,907,601 | $78M | 1.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 1,792,948 | $73M | 1.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 1,777,623 | $72M | 1.2% | 2026-Q2 |
| Apella Capital, LLC added | 1,666,664 | $65M | 1.1% | 2026-Q2 |
| Sageworth Trust Co trimmed | 1,575,383 | $64M | 1.1% | 2026-Q2 |
| Symmetry Partners, LLC added | 1,487,895 | $60M | 1.0% | 2026-Q2 |
| Mariner, LLC added | 1,476,229 | $60M | 1.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,467,866 | $60M | 1.0% | 2026-Q2 |
| Hill Investment Group Partners, LLC trimmed | 1,389,339 | $56M | 1.0% | 2026-Q2 |
| EnRich Financial Partners LLC trimmed | 1,201,493 | $49M | 0.8% | 2026-Q2 |
| Plancorp, LLC added | 1,191,181 | $46M | 0.8% | 2026-Q2 |
| BRIGHTON JONES LLC added | 1,160,159 | $47M | 0.8% | 2026-Q2 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 1,118,058 | $45M | 0.8% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 1,114,346 | $45M | 0.8% | 2026-Q2 |
| GREAT OAK CAPITAL PARTNERS, LLC trimmed | 1,087,715 | $42M | 0.7% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 1,083,236 | $44M | 0.8% | 2026-Q2 |
| Burton Enright Welch added | 1,073,188 | $44M | 0.8% | 2026-Q2 |
| Elser Financial Planning, Inc trimmed | 1,038,515 | $42M | 0.7% | 2026-Q2 |
| Oakwell Private Wealth Management, LLC trimmed | 1,036,887 | $42M | 0.7% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC trimmed | 1,030,632 | $42M | 0.7% | 2026-Q2 |
| Rather & Kittrell, Inc. trimmed | 1,021,198 | $42M | 0.7% | 2026-Q2 |
| Rockbridge Investment Management, LCC added | 985,390 | $40M | 0.7% | 2026-Q2 |
| Seaside Wealth Management, Inc. trimmed | 957,955 | $39M | 0.7% | 2026-Q2 |
| Kooman & Associates trimmed | 954,934 | $39M | 0.7% | 2026-Q2 |
| NORTHERN TRUST CORP added | 953,835 | $39M | 0.7% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 947,716 | $39M | 0.7% | 2026-Q2 |
| MONOGRAPH WEALTH ADVISORS, LLC added | 912,431 | $37M | 0.6% | 2026-Q2 |
| Leading Edge Financial Planning LLC added | 908,460 | $37M | 0.6% | 2026-Q2 |
| Your Advocates Ltd., LLP trimmed | 837,466 | $34M | 0.6% | 2026-Q2 |
| FIRST FINANCIAL BANK - TRUST DIVISION trimmed | 817,938 | $33M | 0.6% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. trimmed | 787,822 | $32M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 785,076 | $32M | 0.6% | 2026-Q2 |
| Financial Plan, Inc. added | 763,903 | $31M | 0.5% | 2026-Q2 |
| Sensible Money, LLC trimmed | 751,422 | $31M | 0.5% | 2026-Q2 |
| Peterson Wealth Advisors, LLC added | 721,033 | $29M | 0.5% | 2026-Q2 |
| Stratos Investment Management, LLC trimmed | 711,907 | $29M | 0.5% | 2026-Q2 |
| Syverson Strege & Co trimmed | 709,279 | $29M | 0.5% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 700,959 | $28M | 0.5% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 685,305 | $28M | 0.5% | 2026-Q2 |
| RS CRUM INC. trimmed | 669,821 | $27M | 0.5% | 2026-Q2 |
| KEB ASSET MANAGEMENT, LLC added | 649,273 | $26M | 0.5% | 2026-Q2 |
| Integris Wealth Management, LLC trimmed | 644,883 | $26M | 0.5% | 2026-Q2 |
| Tencap Wealth Coaching, LLC added | 640,307 | $26M | 0.5% | 2026-Q2 |
| Eaton-Cambridge Inc. trimmed | 638,713 | $26M | 0.4% | 2026-Q2 |
| CHOREO, LLC added | 632,244 | $26M | 0.4% | 2026-Q2 |
| Miramar Fiduciary Corp trimmed | 610,769 | $25M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 608,711 | $25M | 0.4% | 2026-Q2 |
| RFG Advisory, LLC trimmed | 602,160 | $24M | 0.4% | 2026-Q2 |
| Evanson Financial, LLC new | 599,751 | $24M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 594,664 | $24M | 0.4% | 2026-Q2 |
| Pinnacle Financial Group, LLC / IL added | 591,602 | $24M | 0.4% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 590,374 | $24M | 0.4% | 2026-Q2 |
| Stordahl Capital Management, Inc. trimmed | 579,855 | $24M | 0.4% | 2026-Q2 |
| Heritage Investment Group, Inc. added | 571,797 | $23M | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 571,292 | $23M | 0.4% | 2026-Q2 |
| Woodward Financial Advisors, Inc. new | 563,555 | $23M | 0.4% | 2026-Q2 |
| Emprise Bank added | 561,470 | $23M | 0.4% | 2026-Q2 |
| Aspen Capital Management, LLC added | 557,707 | $23M | 0.4% | 2026-Q2 |
| Creative Planning added | 553,746 | $23M | 0.4% | 2026-Q2 |
| Discipline Wealth Solutions, LLC added | 553,073 | $22M | 0.4% | 2026-Q2 |
| Private Wealth Management Group, LLC trimmed | 550,557 | $22M | 0.4% | 2026-Q2 |
| Cambridge Financial Group, LLC added | 544,360 | $22M | 0.4% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 529,512 | $22M | 0.4% | 2026-Q2 |
| CAPSTONE CAPITAL LLC trimmed | 522,387 | $21M | 0.4% | 2026-Q2 |
| Henrickson Nauta Wealth Advisors, Inc. added | 515,022 | $21M | 0.4% | 2026-Q2 |
| Ballentine Capital Advisors, Inc trimmed | 514,824 | $21M | 0.4% | 2026-Q2 |
| Curated Wealth Partners LLC new | 514,473 | $21M | 0.4% | 2026-Q2 |
| Leonard Rickey Investment Advisors P.L.L.C. trimmed | 503,491 | $20M | 0.4% | 2026-Q2 |
| Versant Capital Management, Inc added | 501,593 | $20M | 0.4% | 2026-Q2 |
| SACHEM HILL LLC trimmed | 495,103 | $20M | 0.3% | 2026-Q2 |
| Squire Investment Management Company, LLC added | 488,613 | $20M | 0.3% | 2026-Q2 |
| Arax Advisory Partners trimmed | 478,612 | $19M | 0.3% | 2026-Q2 |
| Flagstone Financial Management trimmed | 477,389 | $19M | 0.3% | 2026-Q2 |
| DecisionPoint Financial, LLC added | 474,963 | $19M | 0.3% | 2026-Q2 |
| Kondo Wealth Advisors, Inc. added | 464,509 | $19M | 0.3% | 2026-Q2 |
| Equita Financial Network, Inc. added | 463,928 | $19M | 0.3% | 2026-Q2 |
| Peirce Capital Management, LLC trimmed | 459,338 | $19M | 0.3% | 2026-Q2 |
| Straight Path Wealth Management trimmed | 451,026 | $18M | 0.3% | 2026-Q2 |
| Financial Planning Navigators CORP trimmed | 450,591 | $18M | 0.3% | 2026-Q2 |
| Planning Center, Inc. trimmed | 450,063 | $18M | 0.3% | 2026-Q2 |
| CARDIFF PARK ADVISORS, LLC added | 447,960 | $18M | 0.3% | 2026-Q2 |
| Verisail Partners, LLC trimmed | 447,325 | $18M | 0.3% | 2026-Q2 |
| Allworth Financial LP trimmed | 446,846 | $18M | 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.