Who owns DFLV (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-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 DFLV is one-sided between 2025-Q4 and 2026-Q1: 165 added or opened and 33 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 3.6% of its own reported 13F book, while the median holder sizes it at 2.7% of theirs — a 0.9pp 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 2025-Q4 and 2026-Q1, across 366 tracked filers holding DFLV, 247 increased or opened the position and 124 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 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 20
- Waterloo Capital, L.P.$30M
- West Financial Advisors, LLC$20M
- Compass Advisory Group LLC$20M
- McKinley Carter Wealth Services, Inc.$11M
- Navigate Wealth Management, LLC$11M
- WJ Wealth Management, LLC$9M
Full exits 12
- Quent Long Short Global Small Cap Fund, LP$45M
- MARYLAND CAPITAL ADVISORS INC.$12M
- SB Capital Management Inc$8M
- FineMark National Bank & Trust$4M
- DBK Financial Counsel, LLC$4M
- Total Wealth Planning, LLC$2M
Largest adds
- Savant Capital, LLC$138M
- Corient Private Wealth LLC$77M
- Cetera Investment Advisers$52M
- Clearstead Advisors, LLC$19M
- Root Financial Partners, LLC$18M
- Cerity Partners LLC$17M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$85M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$18M
- Francis Financial, Inc.$8M
- EP Wealth Advisors, LLC$7M
- NewEdge Advisors, LLC$7M
- Wolfstich Capital, LLC$4M
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 |
|---|---|---|---|---|
| Savant Capital, LLC added | 20,622,687 | $736M | 16.4% | 2026-Q1 |
| Corient Private Wealth LLC added | 6,770,021 | $242M | 5.4% | 2026-Q1 |
| COLDSTREAM CAPITAL MANAGEMENT INC added | 4,591,120 | $164M | 3.6% | 2026-Q1 |
| Foster Group, Inc. trimmed | 4,059,266 | $145M | 3.2% | 2026-Q1 |
| Cetera Investment Advisers added | 3,667,210 | $131M | 2.9% | 2026-Q1 |
| Truepoint, Inc. added | 3,585,713 | $128M | 2.8% | 2026-Q1 |
| Root Financial Partners, LLC added | 3,143,873 | $112M | 2.5% | 2026-Q1 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 2,995,202 | $107M | 2.4% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 2,793,707 | $100M | 2.2% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 2,553,519 | $91M | 2.0% | 2026-Q1 |
| Vise Technologies, Inc. | 2,580,784 | $88M | 2.0% | 2026-Q1 |
| Summit Financial Strategies, Inc. added | 2,408,269 | $86M | 1.9% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 2,191,034 | $78M | 1.7% | 2026-Q1 |
| Cerity Partners LLC added | 2,166,874 | $77M | 1.7% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 2,161,041 | $77M | 1.7% | 2026-Q1 |
| LPL Financial LLC added | 1,808,994 | $65M | 1.4% | 2026-Q1 |
| DiNuzzo Private Wealth, Inc. trimmed | 1,804,410 | $64M | 1.4% | 2026-Q1 |
| Apella Capital, LLC added | 1,464,732 | $55M | 1.2% | 2026-Q1 |
| Quent Capital, LLC added | 1,475,653 | $53M | 1.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,463,782 | $52M | 1.2% | 2026-Q1 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC trimmed | 1,411,955 | $50M | 1.1% | 2026-Q1 |
| Index Fund Advisors, Inc. added | 1,368,350 | $49M | 1.1% | 2026-Q1 |
| EXENCIAL WEALTH ADVISORS, LLC added | 1,326,979 | $47M | 1.1% | 2026-Q1 |
| MATHER GROUP, LLC. added | 1,244,911 | $44M | 1.0% | 2026-Q1 |
| Premier Financial Group added | 1,138,949 | $41M | 0.9% | 2026-Q1 |
| CWM, LLC added | 1,136,931 | $41M | 0.9% | 2026-Q1 |
| Mariner, LLC added | 1,135,924 | $41M | 0.9% | 2026-Q1 |
| Destiny Wealth Partners, LLC trimmed | 1,014,935 | $36M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 958,442 | $34M | 0.8% | 2026-Q1 |
| Team Hewins, LLC added | 944,372 | $34M | 0.7% | 2026-Q1 |
| GREAT OAK CAPITAL PARTNERS, LLC added | 913,706 | $34M | 0.7% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 936,769 | $33M | 0.7% | 2026-Q1 |
| Lakeshore Financial Planning, Inc. added | 931,589 | $33M | 0.7% | 2026-Q1 |
| Diversified Portfolios, Inc. added | 916,445 | $33M | 0.7% | 2026-Q1 |
| EnRich Financial Partners LLC trimmed | 908,182 | $32M | 0.7% | 2026-Q1 |
| Acropolis Investment Management, LLC added | 906,845 | $32M | 0.7% | 2026-Q1 |
| Tumwater Wealth Management, LLC added | 894,899 | $32M | 0.7% | 2026-Q1 |
| Waterloo Capital, L.P. new | 843,190 | $30M | 0.7% | 2026-Q1 |
| Linscomb Wealth, Inc. added | 838,061 | $30M | 0.7% | 2026-Q1 |
| WPWealth LLP trimmed | 825,675 | $29M | 0.7% | 2026-Q1 |
| Betterment LLC added | 811,170 | $29M | 0.6% | 2026-Q1 |
| ACORN CREEK CAPITAL LLC trimmed | 791,358 | $28M | 0.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 784,607 | $28M | 0.6% | 2026-Q1 |
| Fort Vancouver Investment Management, LLC added | 781,835 | $28M | 0.6% | 2026-Q1 |
| Tilson Financial Group, Inc. added | 781,347 | $28M | 0.6% | 2026-Q1 |
| Wescott Financial Advisory Group, LLC added | 762,244 | $27M | 0.6% | 2026-Q1 |
| Wealth Architects, LLC added | 696,762 | $25M | 0.6% | 2026-Q1 |
| TOBIAS FINANCIAL ADVISORS, INC. added | 691,191 | $25M | 0.5% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 686,190 | $25M | 0.5% | 2026-Q1 |
| ECLECTIC ASSOCIATES INC /ADV added | 669,753 | $24M | 0.5% | 2026-Q1 |
| STAGE HARBOR FINANCIAL, LLC added | 667,183 | $24M | 0.5% | 2026-Q1 |
| Three Arch Wealth Management LLC added | 617,575 | $22M | 0.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 615,545 | $22M | 0.5% | 2026-Q1 |
| Evanson Asset Management, LLC added | 601,058 | $21M | 0.5% | 2026-Q1 |
| HILL ISLAND FINANCIAL LLC added | 599,600 | $21M | 0.5% | 2026-Q1 |
| Creative Planning added | 581,934 | $21M | 0.5% | 2026-Q1 |
| West Financial Advisors, LLC new | 571,794 | $20M | 0.5% | 2026-Q1 |
| Compass Advisory Group LLC new | 554,370 | $20M | 0.4% | 2026-Q1 |
| VeraBank, N.A. added | 554,098 | $20M | 0.4% | 2026-Q1 |
| Clearstead Advisors, LLC added | 532,232 | $19M | 0.4% | 2026-Q1 |
| Trinity Financial Advisors LLC added | 462,490 | $17M | 0.4% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 441,756 | $16M | 0.4% | 2026-Q1 |
| Austin Asset Management Co Inc added | 432,188 | $15M | 0.3% | 2026-Q1 |
| SACHEM HILL LLC added | 427,260 | $15M | 0.3% | 2026-Q1 |
| Foundry Financial LLC added | 426,999 | $15M | 0.3% | 2026-Q1 |
| KELLY FINANCIAL GROUP LLC trimmed | 422,016 | $15M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 423,583 | $15M | 0.3% | 2026-Q1 |
| Disciplined Investments, LLC added | 397,623 | $14M | 0.3% | 2026-Q1 |
| Chicago Partners Investment Group LLC trimmed | 373,652 | $14M | 0.3% | 2026-Q1 |
| LIBERTY WEALTH MANAGEMENT LLC trimmed | 382,353 | $14M | 0.3% | 2026-Q1 |
| BOS Asset Management, LLC added | 381,397 | $14M | 0.3% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 380,318 | $14M | 0.3% | 2026-Q1 |
| Sterling Wealth Management, Inc. added | 380,080 | $14M | 0.3% | 2026-Q1 |
| Advisory Alpha, LLC trimmed | 372,399 | $13M | 0.3% | 2026-Q1 |
| Burk Holdings LLC added | 367,119 | $13M | 0.3% | 2026-Q1 |
| Equita Financial Network, Inc. added | 363,171 | $13M | 0.3% | 2026-Q1 |
| Allworth Financial LP added | 356,345 | $13M | 0.3% | 2026-Q1 |
| RFG Advisory, LLC added | 331,896 | $12M | 0.3% | 2026-Q1 |
| McKinley Carter Wealth Services, Inc. new | 312,637 | $11M | 0.2% | 2026-Q1 |
| Navigate Wealth Management, LLC new | 291,137 | $11M | 0.2% | 2026-Q1 |
| Pillar Financial Advisors, LLC added | 299,575 | $11M | 0.2% | 2026-Q1 |
| MONOGRAPH WEALTH ADVISORS, LLC added | 295,228 | $11M | 0.2% | 2026-Q1 |
| TCI Wealth Advisors, Inc. added | 294,720 | $11M | 0.2% | 2026-Q1 |
| Prudent Man Investment Management, Inc. trimmed | 304,881 | $10M | 0.2% | 2026-Q1 |
| Level Financial Advisors added | 290,577 | $10M | 0.2% | 2026-Q1 |
| Focus Partners Wealth added | 290,446 | $10M | 0.2% | 2026-Q1 |
| LEGACY FINANCIAL GROUP, INC. added | 286,884 | $10M | 0.2% | 2026-Q1 |
| FinDec Wealth Services, Inc. trimmed | 285,027 | $10M | 0.2% | 2026-Q1 |
| Gemmer Asset Management LLC added | 284,823 | $10M | 0.2% | 2026-Q1 |
| SAX WEALTH ADVISORS, LLC | 288,144 | $10M | 0.2% | 2026-Q1 |
| Golden Bell Financial Planning LLC added | 275,360 | $10M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 271,684 | $10M | 0.2% | 2026-Q1 |
| Ruedi Wealth Management, Inc. added | 260,194 | $9M | 0.2% | 2026-Q1 |
| AVANTAX ADVISORY SERVICES, INC. added | 1,773,795 | $55M | 1.2% | 2025-Q2 stale |
| Cable Hill Partners, LLC added | 1,774,258 | $52M | 1.1% | 2025-Q1 stale |
| Quent Long Short Global Small Cap Fund, LP new | 1,326,195 | $45M | 1.0% | 2025-Q4 stale |
| Corrigan Financial, Inc. added | 948,486 | $29M | 0.6% | 2025-Q1 stale |
| Jentner Corp added | 835,891 | $26M | 0.6% | 2025-Q2 stale |
| MARYLAND CAPITAL ADVISORS INC. added | 351,235 | $12M | 0.3% | 2025-Q4 stale |
| Martin Worley Group added | 309,250 | $10M | 0.2% | 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.