Who owns DFNM
Which tracked institutional funds hold DFNM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFNM 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
91 tracked funds added or opened DFNM while 31 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
DFNM’s largest tracked holder by dollar value, Focus Partners Wealth, sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 1.2% of theirs — a 1.0pp gap the other way — the median holder sizes DFNM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DFNM 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 286 tracked filers holding DFNM, 195 increased or opened the position and 84 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 DFNM 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 10
- MARYLAND CAPITAL ADVISORS INC.$7M
- Elequin Capital, LP$4M
- Platform Wealth Management, LLC$3M
- Timonier Family Office, LTD.$2M
- Evanson Financial, LLC$2M
- Logan Stone Capital, LLC$1M
Full exits 13
- HighTower Advisors, LLC$28M
- DiNuzzo Private Wealth, Inc.$4M
- North Ridge Wealth Advisors, Inc.$3M
- PARK AVENUE SECURITIES LLC$2M
- Warburton Capital Management, LLC$2M
- Evanson Asset Management, LLC$2M
Largest adds
- Focus Partners Wealth$43M
- Focus Partners Advisor Solutions, LLC$22M
- Apella Capital, LLC$13M
- Integrated Wealth Concepts LLC$9M
- GeoWealth Management, LLC$9M
- OSAIC HOLDINGS, INC.$8M
Largest trims
- Penney Financial, LLC$3M
- Broadhurst Jeffrey B$2M
- E-Wealth Partners, LLC$1M
- Aspen Wealth Management LLC$1M
- Concurrent Investment Advisors, LLC$1M
- HB Wealth Management, LLC$1M
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 |
|---|---|---|---|---|
| Focus Partners Wealth added | 5,069,659 | $245M | 13.8% | 2026-Q2 |
| Truepoint, Inc. added | 3,211,719 | $155M | 8.7% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 1,646,788 | $80M | 4.5% | 2026-Q2 |
| Apella Capital, LLC added | 1,590,906 | $77M | 4.3% | 2026-Q2 |
| Foster Group, Inc. added | 1,483,405 | $72M | 4.0% | 2026-Q2 |
| Symmetry Partners, LLC trimmed | 1,285,613 | $62M | 3.5% | 2026-Q2 |
| GeoWealth Management, LLC added | 1,055,345 | $51M | 2.9% | 2026-Q2 |
| Rather & Kittrell, Inc. added | 939,121 | $45M | 2.5% | 2026-Q2 |
| Sequoia Financial Advisors, LLC added | 896,162 | $43M | 2.4% | 2026-Q2 |
| Pathstone Holdings, LLC added | 808,791 | $39M | 2.2% | 2026-Q2 |
| Beaird Harris Wealth Management, LLC added | 796,384 | $38M | 2.2% | 2026-Q2 |
| MBL Wealth, LLC added | 776,501 | $38M | 2.1% | 2026-Q2 |
| AWM CAPITAL, LLC added | 725,052 | $35M | 2.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 672,029 | $32M | 1.8% | 2026-Q2 |
| RAM Investment Partners, LLC added | 583,595 | $28M | 1.6% | 2026-Q2 |
| LPL Financial LLC added | 578,747 | $28M | 1.6% | 2026-Q2 |
| Graves Light Lenhart Wealth, Inc. added | 556,651 | $27M | 1.5% | 2026-Q2 |
| Mattern Wealth Management LLC added | 548,877 | $27M | 1.5% | 2026-Q2 |
| Waterford Advisors, LLC added | 545,339 | $29M | 1.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 481,181 | $23M | 1.3% | 2026-Q2 |
| ASPIRIANT, LLC added | 432,596 | $21M | 1.2% | 2026-Q2 |
| HFM Investment Advisors, LLC added | 428,712 | $21M | 1.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 391,663 | $19M | 1.1% | 2026-Q2 |
| Savant Capital, LLC added | 376,015 | $18M | 1.0% | 2026-Q2 |
| Austin Wealth Management, LLC added | 364,914 | $18M | 1.0% | 2026-Q2 |
| Vestment Financial LLC added | 351,964 | $17M | 1.0% | 2026-Q2 |
| ASSETMARK, INC added | 350,598 | $17M | 1.0% | 2026-Q2 |
| Yardley Wealth Management LLC added | 328,185 | $16M | 0.9% | 2026-Q2 |
| Wheelhouse Advisory Group LLC added | 318,359 | $15M | 0.9% | 2026-Q2 |
| Resonant Capital Advisors, LLC added | 280,894 | $14M | 0.8% | 2026-Q2 |
| Brady Martz Wealth Solutions, LLC added | 272,899 | $13M | 0.7% | 2026-Q2 |
| Strathmore Capital Advisors, Inc. trimmed | 255,575 | $12M | 0.7% | 2026-Q2 |
| DOPKINS WEALTH MANAGEMENT, LLC added | 247,398 | $12M | 0.7% | 2026-Q2 |
| Vested Financial Planning, LLC added | 245,079 | $12M | 0.7% | 2026-Q2 |
| Allworth Financial LP added | 237,528 | $11M | 0.6% | 2026-Q2 |
| ENTREWEALTH, LLC added | 233,430 | $11M | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 230,567 | $11M | 0.6% | 2026-Q2 |
| West Financial Advisors, LLC added | 215,661 | $10M | 0.6% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 212,330 | $10M | 0.6% | 2026-Q2 |
| 55 North Private Wealth, LLC added | 211,718 | $10M | 0.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 203,458 | $10M | 0.6% | 2026-Q2 |
| Plancorp, LLC added | 201,949 | $10M | 0.5% | 2026-Q2 |
| Citrine Capital LLC added | 200,893 | $10M | 0.5% | 2026-Q2 |
| Guardian Wealth Management, LLC added | 198,012 | $10M | 0.5% | 2026-Q2 |
| 25 LLC trimmed | 195,416 | $9M | 0.5% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 189,628 | $9M | 0.5% | 2026-Q2 |
| Outbound Financial Inc added | 188,504 | $9M | 0.5% | 2026-Q2 |
| VESTIA PERSONAL WEALTH ADVISORS added | 178,237 | $9M | 0.5% | 2026-Q2 |
| Porter White Investment Advisors, Inc. added | 176,591 | $9M | 0.5% | 2026-Q2 |
| Forza Wealth Management, LLC added | 174,200 | $8M | 0.5% | 2026-Q2 |
| Compass Financial Group, Inc. trimmed | 164,506 | $8M | 0.4% | 2026-Q2 |
| RW Investment Management LLC trimmed | 164,205 | $8M | 0.4% | 2026-Q2 |
| Mills Wealth Advisors LLC added | 164,031 | $8M | 0.4% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 162,601 | $8M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 153,321 | $7M | 0.4% | 2026-Q2 |
| Optimus Capital Advisors, LLC added | 152,320 | $7M | 0.4% | 2026-Q2 |
| Core Wealth Management, Inc. added | 150,593 | $7M | 0.4% | 2026-Q2 |
| MARYLAND CAPITAL ADVISORS INC. added | 149,261 | $7M | 0.4% | 2026-Q2 |
| United Wealth Management, LLC added | 138,321 | $7M | 0.4% | 2026-Q2 |
| COLLECTIVE FAMILY OFFICE LLC added | 121,903 | $6M | 0.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 119,155 | $6M | 0.3% | 2026-Q2 |
| Kings Path Partners LLC added | 118,323 | $6M | 0.3% | 2026-Q2 |
| Johnson Wealth Management, LLC added | 116,659 | $6M | 0.3% | 2026-Q2 |
| BCO Wealth Management LLC added | 112,137 | $5M | 0.3% | 2026-Q2 |
| Verus Financial Partners, Inc. added | 108,310 | $5M | 0.3% | 2026-Q2 |
| Root Financial Partners, LLC added | 107,262 | $5M | 0.3% | 2026-Q2 |
| Tillman Hartley LLC added | 106,022 | $5M | 0.3% | 2026-Q2 |
| SENTINEL WEALTH MANAGEMENT, INC. trimmed | 102,659 | $5M | 0.3% | 2026-Q2 |
| MAINSAIL ASSET MANAGEMENT, LLC added | 102,190 | $5M | 0.3% | 2026-Q2 |
| American Investment Services, Inc. added | 98,541 | $5M | 0.3% | 2026-Q2 |
| Elequin Capital, LP trimmed | 91,480 | $4M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP added | 81,877 | $4M | 0.2% | 2026-Q2 |
| Washington Trust Advisors, Inc. trimmed | 80,864 | $4M | 0.2% | 2026-Q2 |
| Aurelius Family Office LLC added | 80,663 | $4M | 0.2% | 2026-Q2 |
| Wescott Financial Advisory Group, LLC trimmed | 79,330 | $4M | 0.2% | 2026-Q2 |
| Vise Technologies, Inc. added | 77,713 | $4M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 77,050 | $4M | 0.2% | 2026-Q2 |
| MB Generational Wealth, LLC added | 75,937 | $4M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 75,612 | $4M | 0.2% | 2026-Q2 |
| QUARRY HILL ADVISORS, LLC added | 75,101 | $4M | 0.2% | 2026-Q2 |
| Aspen Wealth Management LLC trimmed | 75,033 | $4M | 0.2% | 2026-Q2 |
| Vermillion Wealth Management, Inc. added | 73,634 | $4M | 0.2% | 2026-Q2 |
| SCRATCH CAPITAL LLC trimmed | 70,456 | $3M | 0.2% | 2026-Q2 |
| Baker Avenue Asset Management, LP added | 69,540 | $3M | 0.2% | 2026-Q2 |
| Modera Wealth Management, LLC trimmed | 69,130 | $3M | 0.2% | 2026-Q2 |
| BWM Planning, LLC added | 68,662 | $3M | 0.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 68,393 | $3M | 0.2% | 2026-Q2 |
| E-Wealth Partners, LLC trimmed | 67,295 | $3M | 0.2% | 2026-Q2 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors trimmed | 64,324 | $3M | 0.2% | 2026-Q2 |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC added | 63,109 | $3M | 0.2% | 2026-Q2 |
| Summit Wealth Group, LLC trimmed | 61,832 | $3M | 0.2% | 2026-Q2 |
| Note Advisors, LLC added | 61,502 | $3M | 0.2% | 2026-Q2 |
| Tassel Capital Management, Inc. trimmed | 61,178 | $3M | 0.2% | 2026-Q2 |
| TANDEMGROWTH FINANCIAL ADVISORS LLC trimmed | 61,130 | $3M | 0.2% | 2026-Q2 |
| GEM Asset Management, LLC trimmed | 60,859 | $3M | 0.2% | 2026-Q2 |
| Platform Wealth Management, LLC added | 57,058 | $3M | 0.2% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 56,893 | $3M | 0.2% | 2026-Q2 |
| Aerodigm Wealth, LLC added | 55,852 | $3M | 0.2% | 2026-Q2 |
| Meredith Wealth Planning added | 55,527 | $3M | 0.2% | 2026-Q2 |
| FF Advisors,LLC | 55,193 | $3M | 0.1% | 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.