Who owns DLN (DLN)
Which tracked institutional funds hold DLN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DLN 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
72 tracked funds added or opened DLN while 48 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
DLN’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes DLN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DLN 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 463 tracked filers holding DLN, 193 increased or opened the position and 172 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 DLN 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
- FIFTH THIRD BANCORP$5M
- Stenger Family Office, LLC$5M
- Dickmeyer Boyce Financial Management, Inc.$3M
- GSG Advisors LLC$2M
- Savvy Advisors, Inc.$1M
- Henderson Brothers Financial Partners, LLC$1M
Full exits 13
- Main Street Financial Solutions, LLC$17M
- Redhawk Wealth Advisors, Inc.$7M
- COMERICA BANK$5M
- IFG Advisory, LLC$4M
- FLAGSHIP WEALTH ADVISORS, LLC$3M
- FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC.$2M
Largest adds
- LPL Financial LLC$32M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$21M
- AMERIPRISE FINANCIAL INC$15M
- WELLS FARGO & COMPANY/MN$10M
- Arkadios Wealth Advisors$10M
- BANK OF AMERICA CORP /DE/$8M
Largest trims
- M&T Bank Corp$24M
- PNC FINANCIAL SERVICES GROUP, INC.$12M
- RFG Advisory, LLC$10M
- Advisors Capital Management, LLC$7M
- Baird Financial Group, Inc.$6M
- Clearstead Advisors, LLC$5M
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 3,886,664 | $347M | 9.6% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 3,668,298 | $328M | 9.1% | 2026-Q1 |
| MORGAN STANLEY added | 2,870,177 | $256M | 7.1% | 2026-Q1 |
| Focus Partners Wealth added | 2,588,235 | $231M | 6.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 1,919,734 | $171M | 4.8% | 2026-Q1 |
| Creative Planning trimmed | 1,367,740 | $122M | 3.4% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 1,346,277 | $120M | 3.3% | 2026-Q1 |
| UBS Group AG trimmed | 1,315,889 | $118M | 3.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,211,307 | $108M | 3.0% | 2026-Q1 |
| Trilogy Capital Inc. added | 1,165,060 | $104M | 2.9% | 2026-Q1 |
| Evercore Wealth Management, LLC added | 1,046,430 | $93M | 2.6% | 2026-Q1 |
| Cetera Investment Advisers added | 1,006,997 | $90M | 2.5% | 2026-Q1 |
| Clearstead Advisors, LLC trimmed | 976,282 | $87M | 2.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 804,461 | $72M | 2.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 753,581 | $67M | 1.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 734,768 | $66M | 1.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 595,329 | $53M | 1.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 595,138 | $53M | 1.5% | 2026-Q1 |
| Waterway Wealth Management, LLC trimmed | 675,342 | $53M | 1.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 511,879 | $46M | 1.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 466,523 | $42M | 1.2% | 2026-Q1 |
| CLG LLC trimmed | 430,968 | $38M | 1.1% | 2026-Q1 |
| IAG Wealth Partners, LLC added | 399,184 | $36M | 1.0% | 2026-Q1 |
| Lee-Kelleher Wealth Management added | 384,193 | $34M | 1.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 360,723 | $32M | 0.9% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 360,310 | $32M | 0.9% | 2026-Q1 |
| LRI Investments, LLC trimmed | 332,836 | $30M | 0.8% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 329,663 | $29M | 0.8% | 2026-Q1 |
| Fox Financial, Inc added | 313,429 | $28M | 0.8% | 2026-Q1 |
| Private Advisor Group, LLC added | 285,986 | $26M | 0.7% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 276,256 | $25M | 0.7% | 2026-Q1 |
| FIDELIS iM, LLC trimmed | 265,790 | $24M | 0.7% | 2026-Q1 |
| Fairway Wealth LLC trimmed | 262,860 | $23M | 0.7% | 2026-Q1 |
| MAI Capital Management added | 258,248 | $23M | 0.6% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 243,855 | $22M | 0.6% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 242,960 | $22M | 0.6% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 238,925 | $21M | 0.6% | 2026-Q1 |
| NerdWallet Wealth Partners, LLC added | 235,046 | $21M | 0.6% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 213,330 | $19M | 0.5% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 209,764 | $19M | 0.5% | 2026-Q1 |
| Revolve Wealth Partners, LLC trimmed | 197,288 | $18M | 0.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 194,476 | $17M | 0.5% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 191,208 | $17M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 187,412 | $16M | 0.5% | 2026-Q1 |
| truNorth Financial Services, Inc. added | 144,372 | $13M | 0.4% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 131,267 | $12M | 0.3% | 2026-Q1 |
| Arkadios Wealth Advisors added | 126,091 | $11M | 0.3% | 2026-Q1 |
| Advisors Preferred, LLC added | 122,349 | $11M | 0.3% | 2026-Q1 |
| United Advisor Group, LLC added | 122,029 | $11M | 0.3% | 2026-Q1 |
| Strategic Family Wealth Counselors, L.L.C. added | 119,735 | $11M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 116,729 | $10M | 0.3% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 110,950 | $10M | 0.3% | 2026-Q1 |
| Stratos Wealth Advisors, LLC trimmed | 108,242 | $10M | 0.3% | 2026-Q1 |
| TopTier Wealth Management, LLC added | 105,737 | $9M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 106,068 | $9M | 0.3% | 2026-Q1 |
| CX Institutional trimmed | 103,142 | $9M | 0.3% | 2026-Q1 |
| Key Financial Inc added | 95,537 | $9M | 0.2% | 2026-Q1 |
| ASPIRIANT, LLC added | 93,715 | $8M | 0.2% | 2026-Q1 |
| MOLLER WEALTH PARTNERS added | 92,054 | $8M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 91,072 | $8M | 0.2% | 2026-Q1 |
| One Wealth Map LLC trimmed | 73,930 | $7M | 0.2% | 2026-Q1 |
| FIRST AMERICAN TRUST, FSB trimmed | 72,183 | $6M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 68,064 | $6M | 0.2% | 2026-Q1 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 66,825 | $6M | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 66,202 | $6M | 0.2% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO trimmed | 64,578 | $6M | 0.2% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 64,216 | $6M | 0.2% | 2026-Q1 |
| 1900 WEALTH MANAGEMENT LLC added | 62,528 | $6M | 0.2% | 2026-Q1 |
| Centennial Wealth Advisory LLC added | 62,274 | $6M | 0.2% | 2026-Q1 |
| Graves Light Lenhart Wealth, Inc. trimmed | 61,513 | $5M | 0.2% | 2026-Q1 |
| TOBIAS FINANCIAL ADVISORS, INC. trimmed | 61,414 | $5M | 0.2% | 2026-Q1 |
| Koshinski Asset Management, Inc. added | 59,786 | $5M | 0.1% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 58,791 | $5M | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 58,720 | $5M | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 57,351 | $5M | 0.1% | 2026-Q1 |
| Etesian Wealth Advisors, Inc. added | 56,416 | $5M | 0.1% | 2026-Q1 |
| Sigma Planning Corp trimmed | 54,303 | $5M | 0.1% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 53,770 | $5M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 53,126 | $5M | 0.1% | 2026-Q1 |
| Clearwater Capital Advisors, LLC trimmed | 52,474 | $5M | 0.1% | 2026-Q1 |
| Stenger Family Office, LLC new | 50,569 | $5M | 0.1% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC trimmed | 50,550 | $5M | 0.1% | 2026-Q1 |
| Circle Wealth Management, LLC | 49,376 | $4M | 0.1% | 2026-Q1 |
| MidAtlantic Capital Management, Inc. added | 46,626 | $4M | 0.1% | 2026-Q1 |
| Cerity Partners LLC trimmed | 46,508 | $4M | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC added | 46,129 | $4M | 0.1% | 2026-Q1 |
| Nadler Financial Group, Inc. trimmed | 43,432 | $4M | 0.1% | 2026-Q1 |
| ASSETMARK, INC trimmed | 43,028 | $4M | 0.1% | 2026-Q1 |
| Linscomb Wealth, Inc. trimmed | 42,308 | $4M | 0.1% | 2026-Q1 |
| Wealthspire Advisors, LLC trimmed | 41,159 | $4M | 0.1% | 2026-Q1 |
| True Link Financial Advisors, LLC | 38,623 | $3M | 0.1% | 2026-Q1 |
| Bristlecone Advisors, LLC added | 227,025 | $20M | 0.5% | 2025-Q3 stale |
| Main Street Financial Solutions, LLC added | 192,406 | $17M | 0.5% | 2025-Q4 stale |
| FUTURE YOU WEALTH LLC added | 190,803 | $16M | 0.4% | 2025-Q2 stale |
| WIN ADVISORS, INC new | 112,987 | $9M | 0.2% | 2025-Q1 stale |
| Redhawk Wealth Advisors, Inc. added | 77,947 | $7M | 0.2% | 2025-Q4 stale |
| COMERICA BANK trimmed | 53,167 | $5M | 0.1% | 2025-Q4 stale |
| CW Advisors, LLC trimmed | 56,332 | $5M | 0.1% | 2025-Q2 stale |
| IFG Advisory, LLC trimmed | 47,108 | $4M | 0.1% | 2025-Q4 stale |
| Sarasin & Partners LLP | 46,577 | $4M | 0.1% | 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.