Who owns DG (DG)
Which tracked institutional funds hold DG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DG 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
194 tracked funds added or opened DG while 380 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
DG’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes DG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DG 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 1145 tracked filers holding DG, 593 increased or opened the position and 542 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 DG 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 59
- VANGUARD CAPITAL MANAGEMENT LLC$1.7B
- VANGUARD PORTFOLIO MANAGEMENT LLC$1.3B
- VANGUARD FIDUCIARY TRUST CO$147M
- Vanguard Global Advisers, LLC$59M
- VANGUARD ASSET MANAGEMENT, Ltd$52M
- Smith Group Asset Management, LLC$32M
Full exits 74
- VANGUARD GROUP INC$3.6B
- BAUPOST GROUP LLC/MA$274M
- Brandywine Global Investment Management, LLC$166M
- Capital International Investors$149M
- VIRGINIA RETIREMENT SYSTEMS ET Al$120M
- TWO SIGMA ADVISERS, LP$103M
Largest adds
- JPMORGAN CHASE & CO$619M
- SG Americas Securities, LLC$172M
- Robeco Institutional Asset Management B.V.$150M
- NORDEA INVESTMENT MANAGEMENT AB$149M
- WORLDQUANT MILLENNIUM ADVISORS LLC$131M
- Allianz Asset Management GmbH$125M
Largest trims
- BlackRock, Inc.$864M
- PZENA INVESTMENT MANAGEMENT LLC$599M
- MORGAN STANLEY$320M
- ACR Alpine Capital Research, LLC$215M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$180M
- Holocene Advisors, LP$154M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 20,756,882 | $2.5B | 9.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 14,305,232 | $1.7B | 6.4% | 2026-Q1 |
| STATE STREET CORP added | 11,178,948 | $1.3B | 5.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 10,937,158 | $1.3B | 4.9% | 2026-Q1 |
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 6,897,541 | $819M | 3.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 5,898,848 | $695M | 2.6% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 5,842,846 | $691M | 2.6% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 5,164,517 | $610M | 2.3% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 4,455,622 | $529M | 2.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 4,320,387 | $513M | 1.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,725,112 | $442M | 1.7% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. added | 3,162,516 | $375M | 1.4% | 2026-Q1 |
| BAILLIE GIFFORD & CO trimmed | 3,152,900 | $374M | 1.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 3,133,318 | $372M | 1.4% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 2,868,239 | $341M | 1.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,800,145 | $332M | 1.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 2,747,095 | $326M | 1.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 2,723,506 | $323M | 1.2% | 2026-Q1 |
| Invesco Ltd. added | 2,603,002 | $309M | 1.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 2,312,005 | $275M | 1.0% | 2026-Q1 |
| Life Cycle Investment Partners Ltd trimmed | 2,255,358 | $268M | 1.0% | 2026-Q1 |
| MARSHALL WACE, LLP added | 2,228,370 | $265M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 2,164,360 | $257M | 1.0% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 2,087,384 | $248M | 0.9% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 1,908,636 | $227M | 0.9% | 2026-Q1 |
| UBS Group AG added | 1,863,594 | $221M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,743,843 | $207M | 0.8% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB added | 1,633,674 | $191M | 0.7% | 2026-Q1 |
| SG Americas Securities, LLC added | 1,554,918 | $185M | 0.7% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 1,481,777 | $176M | 0.7% | 2026-Q1 |
| Legal & General Group Plc added | 1,395,139 | $166M | 0.6% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 1,353,322 | $161M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,323,070 | $157M | 0.6% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 1,274,005 | $151M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,238,304 | $147M | 0.6% | 2026-Q1 |
| Holocene Advisors, LP trimmed | 1,168,361 | $139M | 0.5% | 2026-Q1 |
| NORGES BANK added | 1,545,079 | $136M | 0.5% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 1,140,968 | $134M | 0.5% | 2026-Q1 |
| ACR Alpine Capital Research, LLC trimmed | 1,122,565 | $133M | 0.5% | 2026-Q1 |
| BESSEMER GROUP INC trimmed | 1,120,430 | $133M | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,093,709 | $130M | 0.5% | 2026-Q1 |
| Pacer Advisors, Inc. trimmed | 992,235 | $118M | 0.4% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 997,880 | $117M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 954,925 | $113M | 0.4% | 2026-Q1 |
| Man Group plc added | 924,864 | $110M | 0.4% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 920,797 | $109M | 0.4% | 2026-Q1 |
| EQUITY INVESTMENT CORP trimmed | 870,995 | $103M | 0.4% | 2026-Q1 |
| Markel Group Inc. | 869,250 | $103M | 0.4% | 2026-Q1 |
| BARCLAYS PLC added | 822,224 | $98M | 0.4% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 815,568 | $97M | 0.4% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 798,900 | $95M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 741,777 | $88M | 0.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 704,204 | $84M | 0.3% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 685,366 | $81M | 0.3% | 2026-Q1 |
| FLOSSBACH VON STORCH SE trimmed | 680,227 | $81M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 652,506 | $77M | 0.3% | 2026-Q1 |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC trimmed | 648,227 | $77M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 646,000 | $77M | 0.3% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 613,509 | $73M | 0.3% | 2026-Q1 |
| Swedbank AB added | 608,408 | $72M | 0.3% | 2026-Q1 |
| Mariner, LLC added | 602,905 | $72M | 0.3% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 602,443 | $72M | 0.3% | 2026-Q1 |
| Alecta Tjanstepension Omsesidigt trimmed | 595,900 | $71M | 0.3% | 2026-Q1 |
| National Pension Service added | 589,496 | $70M | 0.3% | 2026-Q1 |
| Fiera Capital Corp trimmed | 586,070 | $70M | 0.3% | 2026-Q1 |
| Employees Provident Fund Board | 585,851 | $70M | 0.3% | 2026-Q1 |
| Sather Financial Group Inc trimmed | 578,703 | $69M | 0.3% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 578,286 | $69M | 0.3% | 2026-Q1 |
| FMR LLC trimmed | 576,098 | $68M | 0.3% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 562,949 | $67M | 0.3% | 2026-Q1 |
| Cornerstone Investment Partners, LLC trimmed | 554,583 | $66M | 0.2% | 2026-Q1 |
| REGIONS FINANCIAL CORP added | 542,377 | $64M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 530,836 | $63M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 530,823 | $63M | 0.2% | 2026-Q1 |
| STRS OHIO trimmed | 518,954 | $62M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 503,193 | $60M | 0.2% | 2026-Q1 |
| Amundi added | 502,073 | $60M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 501,547 | $60M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 493,717 | $59M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 493,691 | $59M | 0.2% | 2026-Q1 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 488,812 | $58M | 0.2% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 467,155 | $55M | 0.2% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 444,663 | $53M | 0.2% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 441,972 | $52M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 441,053 | $52M | 0.2% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 440,628 | $52M | 0.2% | 2026-Q1 |
| Capital World Investors trimmed | 438,673 | $52M | 0.2% | 2026-Q1 |
| CINCINNATI INSURANCE CO | 436,567 | $52M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 425,795 | $51M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 418,833 | $50M | 0.2% | 2026-Q1 |
| Magellan Asset Management Ltd trimmed | 408,064 | $48M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC added | 27,194,089 | $3.6B | 13.6% | 2025-Q4 stale |
| Longview Partners (Guernsey) LTD trimmed | 3,254,829 | $286M | 1.1% | 2025-Q1 stale |
| BAUPOST GROUP LLC/MA trimmed | 2,062,821 | $274M | 1.0% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC trimmed | 1,254,014 | $166M | 0.6% | 2025-Q4 stale |
| Capital International Investors trimmed | 1,122,046 | $149M | 0.6% | 2025-Q4 stale |
| Artisan Partners Limited Partnership trimmed | 1,138,526 | $130M | 0.5% | 2025-Q2 stale |
| VIRGINIA RETIREMENT SYSTEMS ET Al trimmed | 905,400 | $120M | 0.5% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 773,799 | $103M | 0.4% | 2025-Q4 stale |
| Clarkston Capital Partners, LLC trimmed | 586,431 | $52M | 0.2% | 2025-Q1 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.