Who owns DFEV (DFEV)
Which tracked institutional funds hold DFEV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFEV company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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 DFEV is one-sided between 2025-Q4 and 2026-Q1: 84 added or opened and 18 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
DFEV’s largest tracked holder by dollar value, Asset Dedication, LLC, sizes it at 6.4% of its own reported 13F book, while the median holder sizes it at 0.6% of theirs — a 5.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DFEV 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 265 tracked filers holding DFEV, 157 increased or opened the position and 93 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 DFEV 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 15
- GOLDMAN SACHS GROUP INC$18M
- Penserra Capital Management LLC$18M
- Apella Capital, LLC$7M
- MERCER GLOBAL ADVISORS INC /ADV$5M
- Summit Portfolio Management, LTD.$3M
- United Asset Strategies, Inc.$2M
Full exits 8
- Timonier Family Office, LTD.$5M
- MARYLAND CAPITAL ADVISORS INC.$4M
- NewEdge Advisors, LLC$3M
- Heritage Financial Services, LLC$3M
- Main Street Financial Solutions, LLC$2M
- SB Capital Management Inc$2M
Largest adds
- B&D White Capital Company, LLC$19M
- JONES FINANCIAL COMPANIES LLLP$17M
- Family Investment Center, Inc.$17M
- EXENCIAL WEALTH ADVISORS, LLC$7M
- ROYAL BANK OF CANADA$6M
- RITHOLTZ WEALTH MANAGEMENT$6M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$44M
- TRUIST FINANCIAL CORP$4M
- Freedom Investment Management, Inc.$3M
- FMR LLC$2M
- OSAIC HOLDINGS, INC.$1M
- EverSource Wealth Advisors, LLC$997K
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 |
|---|---|---|---|---|
| Asset Dedication, LLC trimmed | 2,553,044 | $91M | 8.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 2,055,202 | $72M | 6.7% | 2026-Q1 |
| RITHOLTZ WEALTH MANAGEMENT added | 1,424,431 | $51M | 4.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 987,813 | $35M | 3.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 954,524 | $34M | 3.2% | 2026-Q1 |
| EXENCIAL WEALTH ADVISORS, LLC added | 832,153 | $30M | 2.8% | 2026-Q1 |
| Sensible Money, LLC added | 758,832 | $27M | 2.5% | 2026-Q1 |
| FMR LLC trimmed | 734,074 | $26M | 2.4% | 2026-Q1 |
| True Wealth Design, LLC trimmed | 701,289 | $25M | 2.3% | 2026-Q1 |
| Marquette Asset Management, LLC added | 676,015 | $24M | 2.3% | 2026-Q1 |
| Beacon Pointe Advisors, LLC trimmed | 605,833 | $22M | 2.0% | 2026-Q1 |
| B&D White Capital Company, LLC added | 587,710 | $21M | 2.0% | 2026-Q1 |
| Evanson Asset Management, LLC added | 585,452 | $21M | 2.0% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 579,741 | $21M | 1.9% | 2026-Q1 |
| Family Investment Center, Inc. added | 569,480 | $20M | 1.9% | 2026-Q1 |
| NorthAvenue LLC trimmed | 549,150 | $20M | 1.8% | 2026-Q1 |
| Cambridge Financial Group, LLC added | 507,088 | $18M | 1.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 500,000 | $18M | 1.7% | 2026-Q1 |
| Penserra Capital Management LLC new | 495,000 | $18M | 1.7% | 2026-Q1 |
| EAGLE WEALTH STRATEGIES LLC added | 488,464 | $17M | 1.6% | 2026-Q1 |
| Index Fund Advisors, Inc. added | 488,266 | $17M | 1.6% | 2026-Q1 |
| Alesco Advisors, LLC, An ESL Co added | 447,821 | $16M | 1.5% | 2026-Q1 |
| Strata Wealth Advisors, LLC trimmed | 411,910 | $15M | 1.4% | 2026-Q1 |
| Guardian Wealth Management, LLC trimmed | 346,462 | $12M | 1.2% | 2026-Q1 |
| Graves Light Lenhart Wealth, Inc. trimmed | 345,603 | $12M | 1.2% | 2026-Q1 |
| Opes Wealth Management LLC trimmed | 329,925 | $12M | 1.1% | 2026-Q1 |
| SPWM Advisors LLC added | 272,449 | $11M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 305,503 | $11M | 1.0% | 2026-Q1 |
| AE Wealth Management LLC added | 275,241 | $10M | 0.9% | 2026-Q1 |
| Financial Architects, LLC added | 268,085 | $10M | 0.9% | 2026-Q1 |
| Blume Capital Management, Inc. trimmed | 262,085 | $9M | 0.9% | 2026-Q1 |
| Freedom Investment Management, Inc. trimmed | 257,431 | $9M | 0.9% | 2026-Q1 |
| von Borstel & Associates, Inc. trimmed | 231,755 | $8M | 0.8% | 2026-Q1 |
| Betterment LLC added | 231,195 | $8M | 0.8% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 228,234 | $8M | 0.8% | 2026-Q1 |
| Cordant, Inc. added | 209,039 | $7M | 0.7% | 2026-Q1 |
| DiNuzzo Private Wealth, Inc. trimmed | 205,355 | $7M | 0.7% | 2026-Q1 |
| Tortoise Investment Management, LLC added | 203,938 | $7M | 0.7% | 2026-Q1 |
| Apella Capital, LLC new | 184,339 | $7M | 0.7% | 2026-Q1 |
| Vise Technologies, Inc. | 200,501 | $7M | 0.6% | 2026-Q1 |
| Waverly Advisors, LLC trimmed | 187,324 | $7M | 0.6% | 2026-Q1 |
| Estate Counselors, LLC trimmed | 183,475 | $7M | 0.6% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 182,132 | $7M | 0.6% | 2026-Q1 |
| Sterling Financial Planning, Inc. trimmed | 176,980 | $6M | 0.6% | 2026-Q1 |
| Mills Wealth Advisors LLC added | 175,780 | $6M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 167,094 | $6M | 0.6% | 2026-Q1 |
| Savant Capital, LLC added | 164,009 | $6M | 0.5% | 2026-Q1 |
| United Wealth Management, LLC added | 162,429 | $6M | 0.5% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 158,354 | $6M | 0.5% | 2026-Q1 |
| VESTIA PERSONAL WEALTH ADVISORS added | 167,911 | $6M | 0.5% | 2026-Q1 |
| Breakwater Capital Group added | 154,294 | $6M | 0.5% | 2026-Q1 |
| Root Financial Partners, LLC trimmed | 146,649 | $5M | 0.5% | 2026-Q1 |
| Financially in Tune, LLC added | 140,064 | $5M | 0.5% | 2026-Q1 |
| Creative Planning added | 139,942 | $5M | 0.5% | 2026-Q1 |
| Integrity Advisory Solutions, LLC added | 137,442 | $5M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 137,311 | $5M | 0.5% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV new | 133,786 | $5M | 0.4% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 125,524 | $5M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 121,564 | $4M | 0.4% | 2026-Q1 |
| EQ WEALTH ADVISORS, LLC added | 116,864 | $4M | 0.4% | 2026-Q1 |
| McCartney Wealth Management LLC trimmed | 116,735 | $4M | 0.4% | 2026-Q1 |
| SAX WEALTH ADVISORS, LLC | 122,072 | $4M | 0.4% | 2026-Q1 |
| DRAVO BAY LLC added | 112,950 | $4M | 0.4% | 2026-Q1 |
| Baird Financial Group, Inc. added | 112,014 | $4M | 0.4% | 2026-Q1 |
| Corient Private Wealth LLC added | 112,139 | $4M | 0.4% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 111,490 | $4M | 0.4% | 2026-Q1 |
| INTEGRITY ALLIANCE, LLC. added | 110,950 | $4M | 0.4% | 2026-Q1 |
| Chicago Partners Investment Group LLC added | 94,612 | $4M | 0.3% | 2026-Q1 |
| Composition Wealth, LLC added | 102,680 | $4M | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 101,802 | $4M | 0.3% | 2026-Q1 |
| White Wing Wealth Management trimmed | 101,357 | $4M | 0.3% | 2026-Q1 |
| Summit Portfolio Management, LTD. new | 96,986 | $3M | 0.3% | 2026-Q1 |
| Pathstone Holdings, LLC added | 95,765 | $3M | 0.3% | 2026-Q1 |
| Wealth Advisors Northwest LLC added | 92,249 | $3M | 0.3% | 2026-Q1 |
| Verum Partners LLC added | 88,975 | $3M | 0.3% | 2026-Q1 |
| Astra Wealth Partners LLC added | 87,028 | $3M | 0.3% | 2026-Q1 |
| Golden Bell Financial Planning LLC added | 85,293 | $3M | 0.3% | 2026-Q1 |
| LAM GROUP, INC. added | 82,260 | $3M | 0.3% | 2026-Q1 |
| Glass Jacobson Investment Advisors llc trimmed | 81,022 | $3M | 0.3% | 2026-Q1 |
| Versant Capital Management, Inc added | 78,501 | $3M | 0.3% | 2026-Q1 |
| Foundry Financial LLC added | 77,506 | $3M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 76,720 | $3M | 0.3% | 2026-Q1 |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC added | 74,712 | $3M | 0.2% | 2026-Q1 |
| Allworth Financial LP added | 73,892 | $3M | 0.2% | 2026-Q1 |
| United Asset Strategies, Inc. new | 68,341 | $2M | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 67,052 | $2M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 65,715 | $2M | 0.2% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 65,188 | $2M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 268,328 | $9M | 0.8% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 200,000 | $6M | 0.6% | 2025-Q3 stale |
| Aveo Capital Partners, LLC trimmed | 209,577 | $6M | 0.5% | 2025-Q1 stale |
| PBMares Wealth Management LLC added | 178,623 | $6M | 0.5% | 2025-Q3 stale |
| Timonier Family Office, LTD. added | 150,467 | $5M | 0.5% | 2025-Q4 stale |
| MARYLAND CAPITAL ADVISORS INC. added | 133,218 | $4M | 0.4% | 2025-Q4 stale |
| Mach-1 Financial Group, LLC new | 120,143 | $4M | 0.4% | 2025-Q3 stale |
| CITADEL ADVISORS LLC trimmed | 109,139 | $3M | 0.3% | 2025-Q3 stale |
| NewEdge Advisors, LLC trimmed | 93,446 | $3M | 0.3% | 2025-Q4 stale |
| Heritage Financial Services, LLC trimmed | 82,590 | $3M | 0.3% | 2025-Q4 stale |
| Blue Oak Capital, LLC added | 85,789 | $3M | 0.2% | 2025-Q2 stale |
| Main Street Financial Solutions, LLC trimmed | 73,170 | $2M | 0.2% | 2025-Q4 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.