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Institutional Ownership · SEC Form 13F

Who owns Digimarc (DMRC)


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

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

100
Institutional holders
15M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on DMRC is one-sided between 2026-Q1 and 2026-Q2: 23 added or opened and 5 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

DMRC’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in DMRC 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 2026-Q1 and 2026-Q2, across 100 tracked filers holding DMRC, 52 increased or opened the position and 51 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 DMRC between the 2026-Q1 and 2026-Q2 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 1

  • CITADEL ADVISORS LLC$791K

Full exits 2

  • Private Advisor Group, LLC$2M
  • Post Resch Tallon Group Inc.$801K

Largest adds

  • MORGAN STANLEY$16M
  • Kimelman & Baird, LLC$5M
  • Lagoda Investment Management, L.P.$4M
  • BlackRock, Inc.$3M
  • Silverberg Bernstein Capital Management LLC$3M
  • VANGUARD CAPITAL MANAGEMENT LLC$2M

Largest trims

  • Altai Capital Management, L.P.$14M
  • EverSource Wealth Advisors, LLC$3M
  • MARSHALL WACE, LLP$473K

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
Altai Capital Management, L.P.2,769,346$23K0.0%2026-Q2
MORGAN STANLEY added2,057,922$17M17.3%2026-Q2
Lagoda Investment Management, L.P. added1,140,450$9M9.6%2026-Q2
Kimelman & Baird, LLC added1,093,033$9M9.2%2026-Q2
BlackRock, Inc. trimmed1,064,161$9M8.9%2026-Q2
Silverberg Bernstein Capital Management LLC added798,422$7M6.7%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC trimmed711,481$6M6.0%2026-Q2
BBR PARTNERS, LLC trimmed446,750$4M3.8%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added438,768$4M3.7%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC trimmed399,504$3M3.4%2026-Q2
BEACONLIGHT CAPITAL, LLC trimmed338,948$3M2.8%2026-Q2
D. E. Shaw & Co., Inc. trimmed320,204$3M2.7%2026-Q2
STATE STREET CORP trimmed315,208$3M2.6%2026-Q2
Quantinno Capital Management LP added313,546$3M2.6%2026-Q2
UBS Group AG trimmed234,882$2M2.0%2026-Q2
Bank of New York Mellon Corp trimmed234,789$2M2.0%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed145,637$1M1.2%2026-Q2
NORTHERN TRUST CORP trimmed133,620$1M1.1%2026-Q2
RENAISSANCE TECHNOLOGIES LLC trimmed123,100$1M1.0%2026-Q2
VANGUARD FIDUCIARY TRUST CO added117,875$969K1.0%2026-Q2
MARSHALL WACE, LLP trimmed104,864$862K0.9%2026-Q2
AQR CAPITAL MANAGEMENT LLC added102,537$843K0.9%2026-Q2
Bryant Woods Investment Advisors, LLC added99,693$819K0.8%2026-Q2
GOLDMAN SACHS GROUP INC trimmed98,187$807K0.8%2026-Q2
CITADEL ADVISORS LLC trimmed96,287$791K0.8%2026-Q2
Lane Generational LLC trimmed91,574$753K0.8%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ added62,629$515K0.5%2026-Q2
Nuveen, LLC added60,946$501K0.5%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added56,250$462K0.5%2026-Q2
XTX Topco Ltd added41,847$344K0.4%2026-Q2
BRIDGEWAY CAPITAL MANAGEMENT, LLC added40,500$333K0.3%2026-Q2
Ledgewood Wealth Advisors, LLC trimmed39,400$324K0.3%2026-Q2
ExodusPoint Capital Management, LP added36,251$298K0.3%2026-Q2
OSAIC HOLDINGS, INC. trimmed35,480$292K0.3%2026-Q2
Creative Planning added33,834$278K0.3%2026-Q2
MILLENNIUM MANAGEMENT LLC trimmed33,673$277K0.3%2026-Q2
IMC-Chicago, LLC added29,830$245K0.3%2026-Q2
AlphaStar Capital Management, LLC new28,400$233K0.2%2026-Q2
DEUTSCHE BANK AG\ trimmed27,440$226K0.2%2026-Q2
JANE STREET GROUP, LLC trimmed26,751$220K0.2%2026-Q2
MERCER GLOBAL ADVISORS INC /ADV added25,207$207K0.2%2026-Q2
ALLIANCEBERNSTEIN L.P.23,360$192K0.2%2026-Q2
Turim 21 Investimentos Ltda.20,087$165K0.2%2026-Q2
Samjo Management, LLC trimmed17,875$147K0.2%2026-Q2
Point72 Asset Management, L.P. trimmed17,255$142K0.1%2026-Q2
BANK OF AMERICA CORP /DE/ trimmed16,299$134K0.1%2026-Q2
Versant Capital Management, Inc added13,848$114K0.1%2026-Q2
WELLS FARGO & COMPANY/MN added13,526$111K0.1%2026-Q2
GRIMES & Co WEALTH MANAGEMENT, LLC13,271$109K0.1%2026-Q2
Vanguard Personalized Indexing Management, LLC new12,954$106K0.1%2026-Q2
AXQ CAPITAL, LP new11,534$95K0.1%2026-Q2
Wealthspire Advisors, LLC trimmed11,500$95K0.1%2026-Q2
FMR LLC added11,440$94K0.1%2026-Q2
RHUMBLINE ADVISERS trimmed10,588$87K0.1%2026-Q2
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new10,433$69K0.1%2026-Q2
Graham Capital Management, L.P. trimmed10,430$86K0.1%2026-Q2
Rockefeller Capital Management L.P. new9,694$80K0.1%2026-Q2
Russell Investments Group, Ltd. added8,130$67K0.1%2026-Q2
GROUP ONE TRADING LLC added7,160$59K0.1%2026-Q2
JPMORGAN CHASE & CO trimmed6,384$50K0.1%2026-Q2
CITIGROUP INC added6,274$52K0.1%2026-Q2
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed6,180$51K0.1%2026-Q2
NEW YORK STATE COMMON RETIREMENT FUND6,100$50K0.1%2026-Q2
Vanguard Global Advisers, LLC6,090$50K0.1%2026-Q2
Steward Partners Investment Advisory, LLC4,943$41K0.0%2026-Q2
Arax Advisory Partners added4,150$34K0.0%2026-Q2
Police & Firemen's Retirement System of New Jersey3,785$31K0.0%2026-Q2
GAMMA Investing LLC added3,023$25K0.0%2026-Q2
PNC Financial Services Group, Inc. trimmed3,014$25K0.0%2026-Q2
Tower Research Capital LLC (TRC) added2,850$23K0.0%2026-Q2
SIMPLEX TRADING, LLC trimmed2,665$22K0.0%2026-Q2
Godfrey Financial Associates, Inc. new2,575$21K0.0%2026-Q2
BNP PARIBAS FINANCIAL MARKETS trimmed2,427$20K0.0%2026-Q2
BARCLAYS PLC trimmed2,212$18K0.0%2026-Q2
Ameritas Investment Partners, Inc.1,402$12K0.0%2026-Q2
Legal & General Group Plc1,372$11K0.0%2026-Q2
Integrated Wealth Concepts LLC new1,212$10K0.0%2026-Q2
ROYAL BANK OF CANADA added992$8K0.0%2026-Q2
NISA INVESTMENT ADVISORS, LLC619$5K0.0%2026-Q2
EverSource Wealth Advisors, LLC trimmed461$4K0.0%2026-Q2
Essential Partners LLC added323$3K0.0%2026-Q2
SALEM INVESTMENT COUNSELORS INC300$2K0.0%2026-Q2
Allworth Financial LP added236$2K0.0%2026-Q2
ROTHSCHILD INVESTMENT LLC added208$2K0.0%2026-Q2
Rialto Wealth Management, LLC added192$2K0.0%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed185$2K0.0%2026-Q2
SBI Securities Co., Ltd.155$1K0.0%2026-Q2
JONES FINANCIAL COMPANIES LLLP155$1K0.0%2026-Q2
Marquette Asset Management, LLC new127$1K0.0%2026-Q2
True Wealth Design, LLC added123$1K0.0%2026-Q2
LOS ANGELES CAPITAL MANAGEMENT LLC114$9370.0%2026-Q2
SIGNATUREFD, LLC100$8220.0%2026-Q2
Farther Finance Advisors, LLC added89$7290.0%2026-Q2
Global Retirement Partners, LLC57$4690.0%2026-Q2
Vision Retirement, LLC50$4110.0%2026-Q2
Sterling Capital Management LLC trimmed47$3860.0%2026-Q2
US BANCORP \DE\22$1810.0%2026-Q2
Transamerica Financial Advisors, LLC added21$1720.0%2026-Q2
Caitong International Asset Management Co., Ltd added12$990.0%2026-Q2
SJS Investment Consulting Inc. trimmed5$420.0%2026-Q2

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