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Institutional Ownership · SEC Form 13F

Who owns DFSU (DFSU)


Which tracked institutional funds hold DFSU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DFSU 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.

256
Institutional holders
34,272,598
Shares held (tracked funds)

How the tape is positioned

42 tracked funds added or opened DFSU while 42 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

DFSU’s largest tracked holder by dollar value, Retirement Solution LLC, sizes it at 53.1% of its own reported 13F book, while the median holder sizes it at 0.6% of theirs — a 52.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in DFSU 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 256 tracked filers holding DFSU, 159 increased or opened the position and 78 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 DFSU 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 12

  • EP Wealth Advisors, LLC$29M
  • Elser Financial Planning, Inc$9M
  • RW Investment Management LLC$2M
  • 3 FACTOR INDEXING, LLC$1M
  • GTS SECURITIES LLC$1M
  • Eaton-Cambridge Inc.$995K

Full exits 6

  • LongView Asset Management LLC$31M
  • Heritage Financial Services, LLC$16M
  • BRIGHTON JONES LLC$9M
  • ProCore Advisors, LLC$2M
  • SB Capital Management Inc$877K
  • Clarius Group, LLC$509K

Largest adds

  • Savant Capital, LLC$16M
  • Pathstone Holdings, LLC$6M
  • Apella Capital, LLC$5M
  • BROWN ADVISORY INC$3M
  • MERCER GLOBAL ADVISORS INC /ADV$3M
  • AWM CAPITAL, LLC$3M

Largest trims

  • Retirement Solution LLC$11M
  • Quantum Financial Advisors, LLC$6M
  • WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$4M
  • NewEdge Advisors, LLC$2M
  • Northland Capital Management LLC$2M
  • Simplicity Wealth,LLC$2M

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).

FundSharesReported value% of valueQuarter
Retirement Solution LLC added5,466,368$225M15.8%2026-Q1
AWM CAPITAL, LLC added3,280,951$135M9.5%2026-Q1
Quantum Financial Advisors, LLC added2,401,564$99M6.9%2026-Q1
MASECO LLP added2,024,355$83M5.8%2026-Q1
Focus Partners Wealth added1,932,561$82M5.7%2026-Q1
Citrine Capital LLC added1,379,142$57M4.0%2026-Q1
Abacus Wealth Partners, LLC added1,281,712$53M3.7%2026-Q1
Pathstone Holdings, LLC added1,232,278$51M3.6%2026-Q1
EP Wealth Advisors, LLC added704,102$29M2.0%2026-Q1
Five Oceans Advisors added467,329$19M1.3%2026-Q1
Savant Capital, LLC added457,115$19M1.3%2026-Q1
Forum Financial Management, LP added449,583$18M1.3%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed429,942$18M1.2%2026-Q1
Apella Capital, LLC added395,443$18M1.2%2026-Q1
Pure Financial Advisors, LLC added409,228$17M1.2%2026-Q1
Focus Partners Advisor Solutions, LLC added404,666$17M1.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV added383,194$16M1.1%2026-Q1
Gibson Capital, LLC375,765$15M1.1%2026-Q1
Beacon Pointe Advisors, LLC added337,037$14M1.0%2026-Q1
Simplicity Wealth,LLC trimmed297,206$12M0.9%2026-Q1
Triune Financial Partners, LLC added281,713$12M0.8%2026-Q1
TCI Wealth Advisors, Inc. added270,992$11M0.8%2026-Q1
Wealth Architects, LLC trimmed267,085$11M0.8%2026-Q1
QUARRY HILL ADVISORS, LLC added243,936$11M0.8%2026-Q1
Betterment LLC added261,727$11M0.8%2026-Q1
New Capital Management LP trimmed247,490$10M0.7%2026-Q1
OneDigital Investment Advisors LLC added228,918$9M0.7%2026-Q1
Elser Financial Planning, Inc added226,039$9M0.7%2026-Q1
SJS Investment Consulting Inc. trimmed210,344$9M0.6%2026-Q1
NWAM LLC added209,350$9M0.6%2026-Q1
Momentous Wealth Management, Inc. added194,063$8M0.6%2026-Q1
Planning Center, Inc. added184,743$8M0.5%2026-Q1
Cardinal Point Capital Management ULC trimmed182,814$8M0.5%2026-Q1
Corient Private Wealth LLC added213,774$7M0.5%2026-Q1
Broadhurst Jeffrey B added168,250$7M0.5%2026-Q1
LPL Financial LLC added167,718$7M0.5%2026-Q1
Sequoia Financial Advisors, LLC added151,398$6M0.4%2026-Q1
Allodium Investment Consultants, LLC added145,937$6M0.4%2026-Q1
ELEVATION WEALTH PARTNERS, LLC added144,120$6M0.4%2026-Q1
Donalies Financial Planning, LLC trimmed135,124$6M0.4%2026-Q1
Composition Wealth, LLC trimmed132,540$5M0.4%2026-Q1
RAM Investment Partners, LLC added128,615$5M0.4%2026-Q1
Rockbridge Investment Management, LCC added128,008$5M0.4%2026-Q1
Wealth Management Strategies, Inc. added124,143$5M0.4%2026-Q1
BROWN ADVISORY INC added122,131$5M0.4%2026-Q1
Equita Financial Network, Inc. added119,102$5M0.3%2026-Q1
Foster Group, Inc. added117,845$5M0.3%2026-Q1
Aspen Capital Management, LLC trimmed114,276$5M0.3%2026-Q1
Root Financial Partners, LLC added114,109$5M0.3%2026-Q1
MB Generational Wealth, LLC added104,960$4M0.3%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added98,810$4M0.3%2026-Q1
Northland Capital Management LLC trimmed98,160$4M0.3%2026-Q1
Addison Advisors LLC added97,618$4M0.3%2026-Q1
Truepoint, Inc. added92,377$4M0.3%2026-Q1
Chicago Partners Investment Group LLC added83,251$4M0.3%2026-Q1
Syverson Strege & Co trimmed87,842$4M0.3%2026-Q1
Perigon Wealth Management, LLC added86,786$4M0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC added85,436$4M0.2%2026-Q1
Wheels Up Wealth, Inc. trimmed83,718$3M0.2%2026-Q1
Longview Financial Advisors LLC added71,298$3M0.2%2026-Q1
Burton Enright Welch added70,277$3M0.2%2026-Q1
Level Financial Advisors trimmed68,101$3M0.2%2026-Q1
Premier Financial Group added67,122$3M0.2%2026-Q1
Asset Dedication, LLC trimmed64,988$3M0.2%2026-Q1
Babb Wealth Advisors LLC added63,664$3M0.2%2026-Q1
Foundation Wealth Management, LLC\PA added60,550$2M0.2%2026-Q1
Vise Technologies, Inc.56,589$2M0.2%2026-Q1
Sensenig Capital Advisors, Inc trimmed59,795$2M0.2%2026-Q1
COMPASS CAPITAL CORP /MA/ /ADV added50,107$2M0.2%2026-Q1
DiNuzzo Private Wealth, Inc. added55,352$2M0.2%2026-Q1
BetterWealth, LLC trimmed55,184$2M0.2%2026-Q1
Flagstone Financial Management added53,949$2M0.2%2026-Q1
Private Advisor Group, LLC added53,634$2M0.2%2026-Q1
United Wealth Management, LLC added51,732$2M0.1%2026-Q1
RW Investment Management LLC added50,391$2M0.1%2026-Q1
Petersen Hastings Wealth Advisors Inc. trimmed49,401$2M0.1%2026-Q1
JANE STREET GROUP, LLC added49,289$2M0.1%2026-Q1
VISTA CAPITAL PARTNERS, INC. added49,004$2M0.1%2026-Q1
Joel Adams & Associates, Inc. added47,597$2M0.1%2026-Q1
XY Planning Network, Inc. added47,203$2M0.1%2026-Q1
D.A. DAVIDSON & CO. trimmed46,643$2M0.1%2026-Q1
Farther Finance Advisors, LLC added45,976$2M0.1%2026-Q1
Financial Connections Group, Inc. added46,359$2M0.1%2026-Q1
Strategic Investment Solutions, Inc. /IL trimmed46,234$2M0.1%2026-Q1
Creative Capital Management Investments LLC added42,571$2M0.1%2026-Q1
North Ridge Wealth Advisors, Inc. added42,290$2M0.1%2026-Q1
Sellwood Investment Partners LLC added40,838$2M0.1%2026-Q1
Wealth Advisors Northwest LLC added40,579$2M0.1%2026-Q1
Morling Financial Advisors, LLC trimmed39,429$2M0.1%2026-Q1
LongView Asset Management LLC trimmed708,054$31M2.2%2025-Q4 stale
Adero Partners, LLC trimmed563,186$20M1.4%2025-Q1 stale
Heritage Financial Services, LLC added364,066$16M1.1%2025-Q4 stale
Willow Creek Wealth Management Inc. added326,933$14M1.0%2025-Q3 stale
BRIGHTON JONES LLC added200,901$9M0.6%2025-Q4 stale
Waypoint Wealth Partners Inc. added191,470$8M0.5%2025-Q2 stale
Blue Oak Capital, LLC trimmed149,230$6M0.4%2025-Q2 stale
Martin Worley Group trimmed74,747$3M0.2%2025-Q2 stale
My Personal CFO, LLC new59,358$3M0.2%2025-Q3 stale
ProCore Advisors, LLC new54,657$2M0.2%2025-Q4 stale
Jentner Corp added52,231$2M0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership