Who owns DHS
Which tracked institutional funds hold DHS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DHS company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
43 tracked funds added or opened DHS while 15 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
DHS’s largest tracked holder by dollar value, CWM, LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DHS 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 249 tracked filers holding DHS, 108 increased or opened the position and 82 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 DHS 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 8
- Value Investment Professionals, LLC$13M
- WIN ADVISORS, INC$8M
- Avidian Wealth Enterprises, LLC$3M
- HUNTINGTON NATIONAL BANK$2M
- Dickmeyer Boyce Financial Management, Inc.$1M
- Hershey Financial Advisers, LLC$1M
Full exits 5
- Global Retirement Partners, LLC$5M
- GTS SECURITIES LLC$4M
- Cadence Bank$1M
- COMERICA BANK$669K
- Main Street Financial Solutions, LLC$547K
Largest adds
- MORGAN STANLEY$21M
- Kestra Advisory Services, LLC$13M
- CWM, LLC$7M
- Stratos Wealth Partners, LTD.$7M
- BANK OF AMERICA CORP /DE/$5M
- Cetera Investment Advisers$4M
Largest trims
- INVENIO WEALTH PARTNERS LLC$16M
- M&T Bank Corp$11M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Private Advisor Group, LLC$2M
- Linscomb Wealth, Inc.$2M
- NewEdge Advisors, LLC$801K
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 |
|---|---|---|---|---|
| CWM, LLC added | 861,983 | $94M | 12.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 513,436 | $56M | 7.7% | 2026-Q1 |
| MORGAN STANLEY added | 491,799 | $54M | 7.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 457,448 | $50M | 6.8% | 2026-Q1 |
| Cetera Investment Advisers added | 412,451 | $45M | 6.2% | 2026-Q1 |
| LPL Financial LLC added | 402,554 | $44M | 6.0% | 2026-Q1 |
| Linscomb Wealth, Inc. trimmed | 297,802 | $33M | 4.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 225,135 | $25M | 3.4% | 2026-Q1 |
| MB, LEVIS & ASSOCIATES, LLC added | 158,245 | $17M | 2.4% | 2026-Q1 |
| Focus Partners Wealth added | 148,018 | $16M | 2.2% | 2026-Q1 |
| Value Investment Professionals, LLC new | 266,622 | $13M | 1.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 117,261 | $13M | 1.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 110,020 | $12M | 1.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 103,732 | $11M | 1.6% | 2026-Q1 |
| UBS Group AG added | 90,125 | $10M | 1.3% | 2026-Q1 |
| Stonebridge Wealth Management, LLC trimmed | 85,517 | $9M | 1.3% | 2026-Q1 |
| Mariner, LLC trimmed | 84,107 | $9M | 1.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 83,594 | $9M | 1.2% | 2026-Q1 |
| Evanson Asset Management, LLC trimmed | 76,466 | $8M | 1.1% | 2026-Q1 |
| WIN ADVISORS, INC trimmed | 75,972 | $8M | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 66,825 | $7M | 1.0% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 64,065 | $7M | 1.0% | 2026-Q1 |
| 1 NORTH WEALTH SERVICES LLC trimmed | 62,781 | $7M | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 62,517 | $7M | 0.9% | 2026-Q1 |
| Wealthspire Retirement, LLC added | 57,235 | $6M | 0.9% | 2026-Q1 |
| PRECEDENT WEALTH PARTNERS, LLC trimmed | 54,777 | $6M | 0.8% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 48,381 | $5M | 0.7% | 2026-Q1 |
| FFG RETIREMENT ADVISORS LLC added | 44,329 | $5M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC | 43,410 | $5M | 0.6% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 39,396 | $4M | 0.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 38,310 | $4M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 37,829 | $4M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 37,086 | $4M | 0.5% | 2026-Q1 |
| Mutual Advisors, LLC trimmed | 34,043 | $4M | 0.5% | 2026-Q1 |
| JT Stratford LLC added | 31,929 | $3M | 0.5% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC new | 31,409 | $3M | 0.5% | 2026-Q1 |
| LVM CAPITAL MANAGEMENT LTD/MI trimmed | 29,072 | $3M | 0.4% | 2026-Q1 |
| Catalyst Investment Management LLC trimmed | 26,242 | $3M | 0.4% | 2026-Q1 |
| Apella Capital, LLC added | 26,209 | $3M | 0.4% | 2026-Q1 |
| INVENIO WEALTH PARTNERS LLC trimmed | 25,953 | $3M | 0.4% | 2026-Q1 |
| HighTower Advisors, LLC added | 24,015 | $3M | 0.4% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 23,532 | $3M | 0.4% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL trimmed | 21,795 | $2M | 0.3% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 21,513 | $2M | 0.3% | 2026-Q1 |
| COMMERCE BANK trimmed | 21,465 | $2M | 0.3% | 2026-Q1 |
| Avantax Planning Partners, Inc. trimmed | 20,710 | $2M | 0.3% | 2026-Q1 |
| CENTRAL TRUST Co added | 20,699 | $2M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 20,236 | $2M | 0.3% | 2026-Q1 |
| Creative Planning | 20,218 | $2M | 0.3% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 19,412 | $2M | 0.3% | 2026-Q1 |
| Cherry Tree Wealth Management, LLC trimmed | 16,504 | $2M | 0.2% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 16,069 | $2M | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. added | 15,802 | $2M | 0.2% | 2026-Q1 |
| Barnes Wealth Management Group, Inc trimmed | 15,655 | $2M | 0.2% | 2026-Q1 |
| World Investment Advisors trimmed | 15,318 | $2M | 0.2% | 2026-Q1 |
| Virtus Family Office LLC added | 15,264 | $2M | 0.2% | 2026-Q1 |
| Dynamic Advisor Solutions LLC added | 14,671 | $2M | 0.2% | 2026-Q1 |
| Keebeck Wealth Management | 14,602 | $2M | 0.2% | 2026-Q1 |
| Community Bank, N.A. added | 14,468 | $2M | 0.2% | 2026-Q1 |
| HUNTINGTON NATIONAL BANK new | 13,790 | $2M | 0.2% | 2026-Q1 |
| Dickmeyer Boyce Financial Management, Inc. new | 12,673 | $1M | 0.2% | 2026-Q1 |
| Axis Wealth Partners, LLC added | 13,368 | $1M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 12,598 | $1M | 0.2% | 2026-Q1 |
| UHLMANN PRICE SECURITIES, LLC trimmed | 12,320 | $1M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 12,191 | $1M | 0.2% | 2026-Q1 |
| Americana Partners, LLC | 12,150 | $1M | 0.2% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 11,762 | $1M | 0.2% | 2026-Q1 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed | 11,557 | $1M | 0.2% | 2026-Q1 |
| NORTHERN TRUST CORP | 11,345 | $1M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 10,950 | $1M | 0.2% | 2026-Q1 |
| Melone Private Wealth, LLC trimmed | 10,765 | $1M | 0.2% | 2026-Q1 |
| ArchPoint Investors | 10,400 | $1M | 0.2% | 2026-Q1 |
| Hershey Financial Advisers, LLC new | 10,197 | $1M | 0.2% | 2026-Q1 |
| AssuredPartners Investment Advisors, LLC trimmed | 10,196 | $1M | 0.2% | 2026-Q1 |
| SBI Securities Co., Ltd. trimmed | 9,539 | $1M | 0.1% | 2026-Q1 |
| Waverly Advisors, LLC trimmed | 9,238 | $1M | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC added | 8,948 | $977K | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 8,545 | $933K | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 8,182 | $889K | 0.1% | 2026-Q1 |
| Oxinas Partners, LLC trimmed | 8,040 | $878K | 0.1% | 2026-Q1 |
| TFC Financial Management, Inc. trimmed | 7,947 | $868K | 0.1% | 2026-Q1 |
| ShoreHaven Wealth Partners, LLC trimmed | 7,938 | $867K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 7,900 | $863K | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 7,782 | $850K | 0.1% | 2026-Q1 |
| Capital Advisors, Ltd. LLC added | 7,627 | $833K | 0.1% | 2026-Q1 |
| Fifth Third Securities, Inc. trimmed | 7,520 | $821K | 0.1% | 2026-Q1 |
| FMR LLC added | 7,510 | $820K | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 6,980 | $762K | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 6,957 | $760K | 0.1% | 2026-Q1 |
| Maridea Wealth Management LLC | 6,764 | $739K | 0.1% | 2026-Q1 |
| Clearwater Capital Advisors, LLC added | 6,317 | $690K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 6,225 | $680K | 0.1% | 2026-Q1 |
| One Capital Management, LLC trimmed | 51,434 | $5M | 0.7% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 49,709 | $5M | 0.7% | 2025-Q4 stale |
| Good Life Advisors, LLC added | 49,409 | $5M | 0.6% | 2025-Q2 stale |
| GTS SECURITIES LLC added | 35,842 | $4M | 0.5% | 2025-Q4 stale |
| PBMares Wealth Management LLC trimmed | 34,554 | $3M | 0.5% | 2025-Q3 stale |
| Orion Portfolio Solutions, LLC trimmed | 18,846 | $2M | 0.3% | 2025-Q1 stale |
| Cadence Bank trimmed | 14,546 | $1M | 0.2% | 2025-Q4 stale |
| SAXON INTERESTS, INC. | 10,922 | $1M | 0.1% | 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.
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.