Who owns DFLV
Which tracked institutional funds hold DFLV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFLV company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 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 DFLV is one-sided between 2026-Q1 and 2026-Q2: 185 added or opened and 34 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
DFLV’s largest tracked holder by dollar value, Savant Capital, LLC, sizes it at 3.0% of its own reported 13F book, while the median holder sizes it at 2.3% of theirs — a 0.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DFLV 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 383 tracked filers holding DFLV, 246 increased or opened the position and 140 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 DFLV 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 17
- TWO SIGMA INVESTMENTS, LP$42M
- Evanson Financial, LLC$24M
- MARYLAND CAPITAL ADVISORS INC.$14M
- Private Advisory Group LLC$11M
- CPA Asset Management Group, LLC$8M
- ADVISORTRUST PARTNERS, LLC$5M
Full exits 18
- HighTower Advisors, LLC$77M
- DiNuzzo Private Wealth, Inc.$64M
- EXENCIAL WEALTH ADVISORS, LLC$47M
- Premier Financial Group$41M
- CWM, LLC$41M
- Betterment LLC$29M
Largest adds
- Savant Capital, LLC$274M
- Vise Technologies, Inc.$93M
- Root Financial Partners, LLC$74M
- Cetera Investment Advisers$44M
- Cerity Partners LLC$36M
- MOSAIC FAMILY WEALTH PARTNERS, LLC$17M
Largest trims
- Corient Private Wealth LP$110M
- COLDSTREAM CAPITAL MANAGEMENT INC$72M
- Waterloo Capital, L.P.$29M
- HILL ISLAND FINANCIAL LLC$19M
- Private Advisor Group, LLC$4M
- Lakeshore Financial Planning, Inc.$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 |
|---|---|---|---|---|
| Savant Capital, LLC added | 25,486,113 | $1.0B | 21.1% | 2026-Q2 |
| Root Financial Partners, LLC added | 4,713,950 | $186M | 3.9% | 2026-Q2 |
| Vise Technologies, Inc. added | 4,593,828 | $182M | 3.8% | 2026-Q2 |
| Cetera Investment Advisers added | 4,424,238 | $175M | 3.7% | 2026-Q2 |
| Foster Group, Inc. trimmed | 4,003,590 | $158M | 3.3% | 2026-Q2 |
| Truepoint, Inc. trimmed | 3,343,050 | $132M | 2.8% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 3,322,400 | $131M | 2.7% | 2026-Q2 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 3,140,205 | $124M | 2.6% | 2026-Q2 |
| Cerity Partners LLC added | 2,877,128 | $114M | 2.4% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 2,732,777 | $108M | 2.3% | 2026-Q2 |
| Pathstone Holdings, LLC added | 2,586,574 | $102M | 2.1% | 2026-Q2 |
| Summit Financial Strategies, Inc. added | 2,481,330 | $98M | 2.1% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 2,337,885 | $92M | 1.9% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 2,312,335 | $91M | 1.9% | 2026-Q2 |
| LPL Financial LLC added | 1,908,901 | $75M | 1.6% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 1,567,008 | $62M | 1.3% | 2026-Q2 |
| Apella Capital, LLC added | 1,536,111 | $61M | 1.3% | 2026-Q2 |
| Quent Capital, LLC added | 1,534,807 | $61M | 1.3% | 2026-Q2 |
| Index Fund Advisors, Inc. added | 1,446,042 | $57M | 1.2% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC trimmed | 1,363,899 | $54M | 1.1% | 2026-Q2 |
| MATHER GROUP, LLC. added | 1,279,784 | $51M | 1.1% | 2026-Q2 |
| Mariner, LLC trimmed | 1,077,734 | $43M | 0.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP new | 1,056,800 | $42M | 0.9% | 2026-Q2 |
| ECLECTIC ASSOCIATES INC /ADV added | 1,032,580 | $41M | 0.9% | 2026-Q2 |
| Diversified Portfolios, Inc. added | 1,024,846 | $41M | 0.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,024,753 | $41M | 0.8% | 2026-Q2 |
| Destiny Wealth Partners, LLC trimmed | 988,557 | $40M | 0.8% | 2026-Q2 |
| Team Hewins, LLC trimmed | 935,378 | $37M | 0.8% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 923,950 | $37M | 0.8% | 2026-Q2 |
| GREAT OAK CAPITAL PARTNERS, LLC added | 922,973 | $37M | 0.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 920,376 | $36M | 0.8% | 2026-Q2 |
| Acropolis Investment Management, LLC | 906,845 | $32M | 0.7% | 2026-Q2 |
| Tumwater Wealth Management, LLC added | 906,834 | $36M | 0.7% | 2026-Q2 |
| Linscomb Wealth, Inc. added | 866,940 | $34M | 0.7% | 2026-Q2 |
| EnRich Financial Partners LLC trimmed | 852,592 | $34M | 0.7% | 2026-Q2 |
| Wescott Financial Advisory Group, LLC added | 802,407 | $32M | 0.7% | 2026-Q2 |
| Tilson Financial Group, Inc. added | 788,526 | $31M | 0.7% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 787,192 | $31M | 0.7% | 2026-Q2 |
| Fort Vancouver Investment Management, LLC trimmed | 775,331 | $31M | 0.6% | 2026-Q2 |
| Lakeshore Financial Planning, Inc. trimmed | 767,113 | $30M | 0.6% | 2026-Q2 |
| WPWealth LLP trimmed | 754,491 | $30M | 0.6% | 2026-Q2 |
| ACORN CREEK CAPITAL LLC trimmed | 747,506 | $30M | 0.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 736,899 | $29M | 0.6% | 2026-Q2 |
| TOBIAS FINANCIAL ADVISORS, INC. added | 715,031 | $28M | 0.6% | 2026-Q2 |
| VeraBank, N.A. added | 710,583 | $28M | 0.6% | 2026-Q2 |
| STAGE HARBOR FINANCIAL, LLC added | 703,973 | $28M | 0.6% | 2026-Q2 |
| Wealth Architects, LLC trimmed | 686,834 | $27M | 0.6% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 676,365 | $27M | 0.6% | 2026-Q2 |
| Three Arch Wealth Management LLC added | 652,830 | $26M | 0.5% | 2026-Q2 |
| Evanson Financial, LLC new | 611,465 | $24M | 0.5% | 2026-Q2 |
| Creative Planning added | 604,791 | $24M | 0.5% | 2026-Q2 |
| Compass Advisory Group LLC added | 561,619 | $22M | 0.5% | 2026-Q2 |
| Clearstead Advisors, LLC added | 550,562 | $22M | 0.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 497,099 | $20M | 0.4% | 2026-Q2 |
| Foundry Financial LLC added | 477,912 | $19M | 0.4% | 2026-Q2 |
| West Financial Advisors, LLC trimmed | 471,407 | $19M | 0.4% | 2026-Q2 |
| Trinity Financial Advisors LLC added | 471,031 | $19M | 0.4% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 464,937 | $18M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 448,487 | $18M | 0.4% | 2026-Q2 |
| Austin Asset Management Co Inc trimmed | 432,061 | $17M | 0.4% | 2026-Q2 |
| KELLY FINANCIAL GROUP LLC added | 427,276 | $17M | 0.4% | 2026-Q2 |
| Disciplined Investments, LLC added | 426,625 | $17M | 0.4% | 2026-Q2 |
| SACHEM HILL LLC trimmed | 425,503 | $17M | 0.4% | 2026-Q2 |
| Burk Holdings LLC added | 397,202 | $16M | 0.3% | 2026-Q2 |
| Advisory Alpha, LLC added | 394,851 | $16M | 0.3% | 2026-Q2 |
| Sterling Wealth Management, Inc. added | 382,903 | $15M | 0.3% | 2026-Q2 |
| LIBERTY WEALTH MANAGEMENT LLC | 382,353 | $14M | 0.3% | 2026-Q2 |
| BOS Asset Management, LLC added | 381,679 | $15M | 0.3% | 2026-Q2 |
| Equita Financial Network, Inc. added | 381,015 | $15M | 0.3% | 2026-Q2 |
| Allworth Financial LP added | 377,908 | $15M | 0.3% | 2026-Q2 |
| Chicago Partners Investment Group LLC trimmed | 372,554 | $15M | 0.3% | 2026-Q2 |
| MARYLAND CAPITAL ADVISORS INC. added | 363,491 | $14M | 0.3% | 2026-Q2 |
| RFG Advisory, LLC added | 340,059 | $13M | 0.3% | 2026-Q2 |
| McKinley Carter Wealth Services, Inc. added | 338,555 | $13M | 0.3% | 2026-Q2 |
| Focus Partners Wealth added | 321,136 | $13M | 0.3% | 2026-Q2 |
| Pillar Financial Advisors, LLC added | 321,024 | $13M | 0.3% | 2026-Q2 |
| Modera Wealth Management, LLC added | 320,229 | $13M | 0.3% | 2026-Q2 |
| MONOGRAPH WEALTH ADVISORS, LLC added | 318,423 | $13M | 0.3% | 2026-Q2 |
| Navigate Wealth Management, LLC added | 318,313 | $13M | 0.3% | 2026-Q2 |
| SAX WEALTH ADVISORS, LLC added | 311,098 | $11M | 0.2% | 2026-Q2 |
| TCI Wealth Advisors, Inc. added | 307,093 | $12M | 0.3% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 305,126 | $12M | 0.3% | 2026-Q2 |
| LEGACY FINANCIAL GROUP, INC. added | 304,363 | $12M | 0.3% | 2026-Q2 |
| Level Financial Advisors added | 302,324 | $12M | 0.2% | 2026-Q2 |
| Prudent Man Investment Management, Inc. trimmed | 301,855 | $10M | 0.2% | 2026-Q2 |
| FIDUCIARY FINANCIAL GROUP, LLC added | 300,749 | $12M | 0.2% | 2026-Q2 |
| Gemmer Asset Management LLC added | 300,648 | $12M | 0.2% | 2026-Q2 |
| Golden Bell Financial Planning LLC added | 282,956 | $11M | 0.2% | 2026-Q2 |
| FinDec Wealth Services, Inc. trimmed | 276,532 | $11M | 0.2% | 2026-Q2 |
| Private Advisory Group LLC new | 272,639 | $11M | 0.2% | 2026-Q2 |
| WJ Wealth Management, LLC added | 265,332 | $10M | 0.2% | 2026-Q2 |
| Mustard Seed Financial, LLC added | 259,655 | $10M | 0.2% | 2026-Q2 |
| Atlantic Union Bankshares Corp added | 257,927 | $10M | 0.2% | 2026-Q2 |
| Ruedi Wealth Management, Inc. trimmed | 255,378 | $10M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 250,031 | $10M | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 243,503 | $10M | 0.2% | 2026-Q2 |
| VANCE WEALTH, LLC added | 235,682 | $9M | 0.2% | 2026-Q2 |
| Longview Financial Advisors LLC added | 233,381 | $9M | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 221,536 | $9M | 0.2% | 2026-Q2 |
| Cordant, Inc. added | 219,106 | $9M | 0.2% | 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.