Who owns DIVO (DIVO)
Which tracked institutional funds hold DIVO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DIVO 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
The tracked-fund tape on DIVO is one-sided between 2025-Q4 and 2026-Q1: 120 added or opened and 39 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
DIVO’s largest tracked holder by dollar value, RAYMOND JAMES FINANCIAL INC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.1pp gap the other way — the median holder sizes DIVO more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DIVO 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 382 tracked filers holding DIVO, 259 increased or opened the position and 116 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 DIVO 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 13
- TWO SIGMA INVESTMENTS, LP$5M
- Baer Investment Advisory LLC$5M
- Tulsa Wealth Advisors, INC$4M
- NICOLET BANKSHARES INC$4M
- Gotham Asset Management, LLC$3M
- GOLDMAN SACHS GROUP INC$2M
Full exits 17
- Janney Montgomery Scott LLC$88M
- Vantage Financial Partners, LLC$20M
- NewEdge Advisors, LLC$18M
- Capital Advisory Group Advisory Services, LLC$6M
- Foguth Wealth Management, LLC.$5M
- Qube Research & Technologies Ltd$4M
Largest adds
- RAYMOND JAMES FINANCIAL INC$81M
- LPL Financial LLC$36M
- CPC Advisors, LLC$28M
- MORGAN STANLEY$27M
- ENVESTNET ASSET MANAGEMENT INC$21M
- OSAIC HOLDINGS, INC.$15M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$78M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$38M
- MERCER GLOBAL ADVISORS INC /ADV$10M
- Signature Wealth Management Group$4M
- OneDigital Investment Advisors LLC$4M
- SAGESPRING WEALTH PARTNERS, LLC$4M
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC added | 17,263,349 | $774M | 22.7% | 2026-Q1 |
| LPL Financial LLC added | 8,187,536 | $367M | 10.8% | 2026-Q1 |
| MORGAN STANLEY added | 3,513,601 | $158M | 4.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 3,339,722 | $150M | 4.4% | 2026-Q1 |
| Retirement Planning Group, LLC added | 3,180,704 | $143M | 4.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 2,152,911 | $97M | 2.8% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,940,940 | $86M | 2.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,779,901 | $80M | 2.3% | 2026-Q1 |
| UBS Group AG added | 1,734,305 | $78M | 2.3% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 1,398,029 | $63M | 1.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,298,400 | $58M | 1.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,270,502 | $57M | 1.7% | 2026-Q1 |
| CPC Advisors, LLC added | 1,225,470 | $55M | 1.6% | 2026-Q1 |
| Reliant Wealth Planning added | 1,058,336 | $47M | 1.4% | 2026-Q1 |
| Cetera Investment Advisers added | 1,057,026 | $47M | 1.4% | 2026-Q1 |
| MBL Wealth, LLC added | 981,793 | $44M | 1.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 903,451 | $41M | 1.2% | 2026-Q1 |
| Hibernia Wealth Partners, LLC added | 870,390 | $39M | 1.1% | 2026-Q1 |
| Stratos Investment Management, LLC added | 721,224 | $32M | 0.9% | 2026-Q1 |
| Sequoia Financial Advisors, LLC trimmed | 710,559 | $32M | 0.9% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 660,102 | $30M | 0.9% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 613,311 | $28M | 0.8% | 2026-Q1 |
| CWM, LLC added | 602,737 | $27M | 0.8% | 2026-Q1 |
| NBZ Investment Advisors LLC added | 528,700 | $24M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 510,646 | $23M | 0.7% | 2026-Q1 |
| Prostatis Group LLC added | 468,993 | $21M | 0.6% | 2026-Q1 |
| Merit Financial Group, LLC added | 428,910 | $19M | 0.6% | 2026-Q1 |
| ForthRight Wealth Management, LLC added | 417,013 | $19M | 0.5% | 2026-Q1 |
| Second Half Financial Partners, LLC added | 412,650 | $19M | 0.5% | 2026-Q1 |
| Summit Financial, LLC added | 407,716 | $18M | 0.5% | 2026-Q1 |
| Clear Trail Advisors, LLC added | 399,141 | $18M | 0.5% | 2026-Q1 |
| Marshall Financial Group, LLC added | 386,764 | $17M | 0.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 382,795 | $17M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp added | 362,731 | $16M | 0.5% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 340,733 | $15M | 0.4% | 2026-Q1 |
| WEST MICHIGAN ADVISORS, LLC trimmed | 339,021 | $15M | 0.4% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 319,165 | $14M | 0.4% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 311,361 | $14M | 0.4% | 2026-Q1 |
| Financial Designs Corp trimmed | 300,884 | $13M | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 298,853 | $13M | 0.4% | 2026-Q1 |
| Mesirow Financial Investment Management, Inc. added | 296,105 | $13M | 0.4% | 2026-Q1 |
| Altus Wealth Group LLC added | 293,519 | $13M | 0.4% | 2026-Q1 |
| NCM Capital Management, LLC trimmed | 276,063 | $12M | 0.4% | 2026-Q1 |
| Tower Wealth Partners, Inc. added | 249,595 | $11M | 0.3% | 2026-Q1 |
| Capital Investment Advisory Services, LLC added | 248,757 | $11M | 0.3% | 2026-Q1 |
| Visionary Wealth Advisors added | 246,888 | $11M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 244,976 | $11M | 0.3% | 2026-Q1 |
| Souders Financial Advisors added | 239,521 | $11M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 233,640 | $10M | 0.3% | 2026-Q1 |
| LAUREL OAK WEALTH MANAGEMENT, LLC added | 228,339 | $10M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 225,511 | $10M | 0.3% | 2026-Q1 |
| Investors Research Corp added | 198,200 | $9M | 0.3% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 197,457 | $9M | 0.3% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC trimmed | 194,762 | $9M | 0.3% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 191,354 | $9M | 0.3% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 189,784 | $9M | 0.2% | 2026-Q1 |
| MTM Investment Management, LLC added | 187,715 | $8M | 0.2% | 2026-Q1 |
| Modern Wealth Management, LLC trimmed | 184,120 | $8M | 0.2% | 2026-Q1 |
| Magnus Financial Group LLC added | 183,508 | $8M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 182,903 | $8M | 0.2% | 2026-Q1 |
| Carter Financial Group, INC. trimmed | 179,981 | $8M | 0.2% | 2026-Q1 |
| Security National Bank added | 176,193 | $8M | 0.2% | 2026-Q1 |
| Element Wealth, LLC trimmed | 169,612 | $8M | 0.2% | 2026-Q1 |
| Phoenix Wealth Advisors trimmed | 168,244 | $8M | 0.2% | 2026-Q1 |
| Regal Investment Advisors LLC trimmed | 165,067 | $7M | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 164,390 | $7M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 157,080 | $7M | 0.2% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 154,614 | $7M | 0.2% | 2026-Q1 |
| BARNES PETTEY FINANCIAL ADVISORS, LLC added | 149,871 | $7M | 0.2% | 2026-Q1 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 149,051 | $7M | 0.2% | 2026-Q1 |
| RiverTree Advisors, LLC trimmed | 147,624 | $7M | 0.2% | 2026-Q1 |
| Trilogy Capital Inc. added | 145,520 | $7M | 0.2% | 2026-Q1 |
| Leo Wealth, LLC added | 141,847 | $6M | 0.2% | 2026-Q1 |
| Stillwater Wealth Management Group added | 139,138 | $6M | 0.2% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 138,822 | $6M | 0.2% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 138,663 | $6M | 0.2% | 2026-Q1 |
| Moran Wealth Management, LLC added | 137,622 | $6M | 0.2% | 2026-Q1 |
| HighPoint Advisor Group LLC added | 137,048 | $6M | 0.2% | 2026-Q1 |
| Prota Financial, LLC trimmed | 136,073 | $6M | 0.2% | 2026-Q1 |
| SIERRA OCEAN, LLC added | 128,069 | $6M | 0.2% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 126,695 | $6M | 0.2% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC added | 116,838 | $5M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP new | 116,100 | $5M | 0.2% | 2026-Q1 |
| Peak Planning Group, LLC added | 115,068 | $5M | 0.2% | 2026-Q1 |
| Farrow Financial, Inc. added | 114,277 | $5M | 0.2% | 2026-Q1 |
| Good Steward Wealth Advisors,LLC added | 114,245 | $5M | 0.2% | 2026-Q1 |
| AlphaCore Capital LLC trimmed | 113,440 | $5M | 0.1% | 2026-Q1 |
| Stonebrook Private Inc. trimmed | 112,564 | $5M | 0.1% | 2026-Q1 |
| VICTORY FINANCIAL GROUP, LLC added | 111,868 | $5M | 0.1% | 2026-Q1 |
| Baer Investment Advisory LLC new | 111,868 | $5M | 0.1% | 2026-Q1 |
| PERRYMAN FINANCIAL ADVISORY INC /AD added | 108,609 | $5M | 0.1% | 2026-Q1 |
| Cassady Wealth & Retirement Planning, LLC added | 105,672 | $5M | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 1,977,538 | $88M | 2.6% | 2025-Q4 stale |
| Sterling Financial Group, Inc. added | 765,866 | $34M | 1.0% | 2025-Q3 stale |
| Vantage Financial Partners, LLC added | 445,138 | $20M | 0.6% | 2025-Q4 stale |
| NewEdge Advisors, LLC added | 414,789 | $18M | 0.5% | 2025-Q4 stale |
| Capital Advisory Group Advisory Services, LLC added | 142,113 | $6M | 0.2% | 2025-Q4 stale |
| SPC Financial, Inc. added | 126,837 | $6M | 0.2% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. trimmed | 125,545 | $5M | 0.2% | 2025-Q2 stale |
| Foguth Wealth Management, LLC. added | 118,582 | $5M | 0.2% | 2025-Q4 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.