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Institutional Ownership · SEC Form 13F

Who owns DIVI (DIVI)


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

182
Institutional holders
34,990,408
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on DIVI is one-sided between 2025-Q4 and 2026-Q1: 65 added or opened and 15 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

DIVI’s largest tracked holder by dollar value, Retirement Planning Group, LLC, sizes it at 7.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 6.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in DIVI 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 182 tracked filers holding DIVI, 118 increased or opened the position and 58 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 DIVI 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

  • MCF Advisors LLC$32M
  • Integrated Wealth Concepts LLC$8M
  • Henderson Brothers Financial Partners, LLC$4M
  • FLOW TRADERS U.S. LLC$4M
  • Capital Investment Counsel, LLC$3M
  • CITADEL ADVISORS LLC$3M

Full exits 5

  • NewEdge Advisors, LLC$29M
  • AllGen Financial Advisors, Inc.$15M
  • Thrivent Financial for Lutherans$6M
  • Janney Montgomery Scott LLC$5M
  • PLANWISER FINANCIAL, LLC$674K

Largest adds

  • LPL Financial LLC$37M
  • Retirement Planning Group, LLC$32M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$27M
  • HARBOUR INVESTMENTS, INC.$16M
  • BANK OF AMERICA CORP /DE/$12M
  • CWM, LLC$12M

Largest trims

  • Prepared Retirement Institute LLC$6M
  • FRANKLIN RESOURCES INC$4M
  • Mutual Advisors, LLC$3M
  • Mariner, LLC$1M
  • MML INVESTORS SERVICES, LLC$732K
  • Clark Capital Management Group, Inc.$713K

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 Planning Group, LLC added5,659,717$225M15.7%2026-Q1
LPL Financial LLC added5,487,195$218M15.3%2026-Q1
BANK OF AMERICA CORP /DE/ added2,157,120$86M6.0%2026-Q1
Capital Analysts, LLC added1,600,542$64M4.4%2026-Q1
CWM, LLC added1,510,630$60M4.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,220,566$49M3.4%2026-Q1
Sanctuary Advisors, LLC trimmed974,007$39M2.7%2026-Q1
Legacy Financial Advisors, Inc. trimmed852,674$34M2.4%2026-Q1
MCF Advisors LLC added812,187$32M2.3%2026-Q1
Cetera Investment Advisers added741,503$30M2.1%2026-Q1
Baron Wealth Management LLC added739,650$29M2.1%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added730,408$29M2.0%2026-Q1
Koshinski Asset Management, Inc. added612,081$24M1.7%2026-Q1
TriaGen Wealth Management LLC added590,157$23M1.6%2026-Q1
FLAGSHIP HARBOR ADVISORS, LLC added567,769$23M1.6%2026-Q1
HARBOUR INVESTMENTS, INC. added471,580$19M1.3%2026-Q1
Bank of New York Mellon Corp added452,005$18M1.3%2026-Q1
FRANKLIN RESOURCES INC trimmed435,270$17M1.2%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC trimmed425,349$17M1.2%2026-Q1
STIFEL FINANCIAL CORP added375,134$15M1.0%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added373,977$15M1.0%2026-Q1
Vickerman Investment Advisors, Inc. trimmed360,114$14M1.0%2026-Q1
JANE STREET GROUP, LLC added350,957$14M1.0%2026-Q1
Mariner, LLC trimmed330,037$13M0.9%2026-Q1
Cambridge Investment Research Advisors, Inc. added296,148$12M0.8%2026-Q1
LMG Wealth Partners, LLC added271,192$11M0.8%2026-Q1
JONES FINANCIAL COMPANIES LLLP added277,842$11M0.7%2026-Q1
Kestra Advisory Services, LLC added262,803$10M0.7%2026-Q1
Equitable Holdings, Inc. added231,680$9M0.6%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added201,687$8M0.6%2026-Q1
JPMORGAN CHASE & CO trimmed202,631$8M0.5%2026-Q1
Integrated Wealth Concepts LLC added195,741$8M0.5%2026-Q1
FIRST HAWAIIAN BANK trimmed186,924$7M0.5%2026-Q1
OSAIC HOLDINGS, INC. added176,129$7M0.5%2026-Q1
&PARTNERS added175,524$7M0.5%2026-Q1
AMERIPRISE FINANCIAL INC added171,876$7M0.5%2026-Q1
Joseph Group Capital Management added171,595$7M0.5%2026-Q1
Ridgeline Wealth Planning, LLC added138,866$6M0.4%2026-Q1
CARY STREET PARTNERS FINANCIAL LLC trimmed137,448$5M0.4%2026-Q1
THOROUGHBRED FINANCIAL SERVICES, LLC trimmed131,815$5M0.4%2026-Q1
Steward Partners Investment Advisory, LLC added127,938$5M0.4%2026-Q1
CASTLE WEALTH MANAGEMENT LLC added122,233$5M0.3%2026-Q1
Sequent Planning LLC added119,799$5M0.3%2026-Q1
DEFINED WEALTH MANAGEMENT, LLC added119,302$5M0.3%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. added118,768$5M0.3%2026-Q1
Owen LaRue, LLC added109,712$4M0.3%2026-Q1
Private Advisor Group, LLC trimmed107,275$4M0.3%2026-Q1
Henderson Brothers Financial Partners, LLC added104,462$4M0.3%2026-Q1
FLOW TRADERS U.S. LLC added100,387$4M0.3%2026-Q1
MML INVESTORS SERVICES, LLC trimmed92,735$4M0.3%2026-Q1
Smartleaf Asset Management LLC added95,223$4M0.3%2026-Q1
Visionary Wealth Advisors added91,634$4M0.3%2026-Q1
HBW ADVISORY SERVICES LLC added87,464$3M0.2%2026-Q1
CreativeOne Wealth, LLC added84,649$3M0.2%2026-Q1
Midwest Financial Group LLC added84,018$3M0.2%2026-Q1
Keating Financial Advisory Services, Inc. added81,527$3M0.2%2026-Q1
Capital Investment Counsel, LLC new79,752$3M0.2%2026-Q1
CITADEL ADVISORS LLC trimmed78,948$3M0.2%2026-Q1
Powers Advisory Group, LLC added78,461$3M0.2%2026-Q1
OPPENHEIMER & CO INC added76,472$3M0.2%2026-Q1
GTS SECURITIES LLC added66,516$3M0.2%2026-Q1
Dynamic Advisor Solutions LLC added55,637$2M0.2%2026-Q1
LANE BROTHERS & CO INC added55,225$2M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed53,793$2M0.1%2026-Q1
Sowell Financial Services LLC added50,903$2M0.1%2026-Q1
OxenFree Capital LLC trimmed47,431$2M0.1%2026-Q1
Slagle Financial, LLC added48,255$2M0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC added47,554$2M0.1%2026-Q1
Kelly Financial Services LLC added45,843$2M0.1%2026-Q1
ABSOLUTE CAPITAL MANAGEMENT, LLC45,000$2M0.1%2026-Q1
Prostatis Group LLC added44,197$2M0.1%2026-Q1
Prospera Financial Services Inc added42,103$2M0.1%2026-Q1
Entelevest, LLC added41,601$2M0.1%2026-Q1
Orion Porfolio Solutions, LLC trimmed40,867$2M0.1%2026-Q1
IHT Wealth Management, LLC added40,854$2M0.1%2026-Q1
D.A. DAVIDSON & CO. added40,263$2M0.1%2026-Q1
Southland Equity Partners LLC trimmed39,538$2M0.1%2026-Q1
Prota Financial, LLC added38,622$2M0.1%2026-Q1
RFG Advisory, LLC added37,266$1M0.1%2026-Q1
First Bank & Trust added34,746$1M0.1%2026-Q1
NOVEM GROUP trimmed33,772$1M0.1%2026-Q1
Meridian Wealth Management, LLC new32,132$1M0.1%2026-Q1
Cornerstone Wealth Management, LLC added31,402$1M0.1%2026-Q1
SILVERLAKE WEALTH MANAGEMENT LLC added29,271$1M0.1%2026-Q1
Fortitude Financial, LLC trimmed27,602$1M0.1%2026-Q1
WELLS FARGO & COMPANY/MN added27,435$1M0.1%2026-Q1
BENJAMIN EDWARDS INC26,473$1M0.1%2026-Q1
Kingsview Wealth Management, LLC trimmed26,043$1M0.1%2026-Q1
NATIXIS ADVISORS, LLC added23,556$938K0.1%2026-Q1
Lido Advisors, LLC trimmed23,221$924K0.1%2026-Q1
Moors & Cabot, Inc. added21,884$871K0.1%2026-Q1
Mutual Advisors, LLC trimmed21,744$866K0.1%2026-Q1
NewEdge Advisors, LLC added738,575$29M2.0%2025-Q4 stale
AllGen Financial Advisors, Inc. added389,481$15M1.1%2025-Q4 stale
Integrated Capital Management, LLC added303,380$11M0.8%2025-Q2 stale
Thrivent Financial for Lutherans added142,970$6M0.4%2025-Q4 stale
Janney Montgomery Scott LLC trimmed124,772$5M0.3%2025-Q4 stale
Orion Portfolio Solutions, LLC added45,886$1M0.1%2025-Q1 stale
Atria Wealth Solutions, Inc. trimmed44,026$1M0.1%2025-Q1 stale
AVANTAX ADVISORY SERVICES, INC. added24,882$887K0.1%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