Who owns DON
Which tracked institutional funds hold DON, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DON company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
98 tracked funds added or opened DON while 41 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
DON’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes DON more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DON 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 453 tracked filers holding DON, 186 increased or opened the position and 219 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 DON 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 9
- Copper Harbor Investment Advisors, LLC$6M
- IFG Advisory, LLC$6M
- Viaable, LLC$5M
- FIDUCIARY FINANCIAL ADVISORS$3M
- Coppell Advisory Solutions LLC$2M
- Highland Investment Advisors LLC$931K
Full exits 25
- HighTower Advisors, LLC$16M
- Cambridge Investment Research Advisors, Inc.$12M
- CX Institutional$9M
- White Pine Investment CO$9M
- NATIXIS ADVISORS, LLC$4M
- VESTOR CAPITAL, LLC$4M
Largest adds
- JONES FINANCIAL COMPANIES LLLP$18M
- MORGAN STANLEY$14M
- BANK OF AMERICA CORP /DE/$12M
- MERCER GLOBAL ADVISORS INC /ADV$11M
- AMERIPRISE FINANCIAL INC$8M
- Corient Private Wealth LP$7M
Largest trims
- EASTERN BANK$13M
- Lido Advisors, LLC$12M
- Kestra Advisory Services, LLC$3M
- Founders Financial Alliance, LLC$3M
- Mariner, LLC$3M
- Atlantic Union Bankshares Corp$2M
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.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 4,522,366 | $256M | 12.8% | 2026-Q2 |
| MORGAN STANLEY added | 2,475,172 | $140M | 7.0% | 2026-Q2 |
| UBS Group AG trimmed | 1,865,075 | $105M | 5.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,826,895 | $104M | 5.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 1,763,190 | $100M | 5.0% | 2026-Q2 |
| Linscomb Wealth, Inc. trimmed | 1,527,377 | $86M | 4.3% | 2026-Q2 |
| Creative Planning trimmed | 1,516,308 | $86M | 4.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,391,530 | $79M | 3.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,036,786 | $59M | 2.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 998,779 | $56M | 2.8% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 862,327 | $49M | 2.4% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 567,317 | $32M | 1.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 527,892 | $30M | 1.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 503,822 | $28M | 1.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 478,941 | $27M | 1.4% | 2026-Q2 |
| IAG Wealth Partners, LLC trimmed | 470,081 | $27M | 1.3% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 458,200 | $26M | 1.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 439,529 | $25M | 1.2% | 2026-Q2 |
| Stonebridge Financial Group, LLC added | 396,757 | $22M | 1.1% | 2026-Q2 |
| Trajan Wealth LLC added | 372,990 | $21M | 1.1% | 2026-Q2 |
| Baird Financial Group, Inc. added | 359,731 | $20M | 1.0% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 355,863 | $20M | 1.0% | 2026-Q2 |
| MAI Capital Management trimmed | 323,917 | $18M | 0.9% | 2026-Q2 |
| Marion Wealth Management added | 317,689 | $18M | 0.9% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 300,151 | $17M | 0.9% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 291,122 | $16M | 0.8% | 2026-Q2 |
| Three Bearings Fiduciary Advisors, Inc. added | 284,239 | $16M | 0.8% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 282,809 | $16M | 0.8% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 245,561 | $14M | 0.7% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 242,608 | $14M | 0.7% | 2026-Q2 |
| Destination Wealth Management added | 239,935 | $14M | 0.7% | 2026-Q2 |
| Avantax Planning Partners, Inc. added | 235,598 | $13M | 0.7% | 2026-Q2 |
| Concord Wealth Partners trimmed | 234,616 | $13M | 0.7% | 2026-Q2 |
| Focus Partners Wealth trimmed | 230,956 | $13M | 0.7% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC trimmed | 229,415 | $13M | 0.7% | 2026-Q2 |
| PRECEDENT WEALTH PARTNERS, LLC trimmed | 223,446 | $13M | 0.6% | 2026-Q2 |
| Lee, Kelleher & Klein Wealth Management added | 222,951 | $13M | 0.6% | 2026-Q2 |
| Curi Capital, LLC trimmed | 214,530 | $12M | 0.6% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 198,304 | $11M | 0.6% | 2026-Q2 |
| Atlantic Union Bankshares Corp trimmed | 191,626 | $11M | 0.5% | 2026-Q2 |
| Corient Private Wealth LP added | 177,698 | $10M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp added | 177,150 | $10M | 0.5% | 2026-Q2 |
| Concord Asset Management, LLC/VA trimmed | 167,105 | $9M | 0.5% | 2026-Q2 |
| FAS Wealth Partners, Inc. added | 166,625 | $9M | 0.5% | 2026-Q2 |
| Melone Private Wealth, LLC added | 151,892 | $9M | 0.4% | 2026-Q2 |
| Dynamic Advisor Solutions LLC trimmed | 150,378 | $8M | 0.4% | 2026-Q2 |
| Capital Investment Counsel, LLC added | 148,059 | $8M | 0.4% | 2026-Q2 |
| Cornerstone Wealth Management, LLC trimmed | 142,402 | $8M | 0.4% | 2026-Q2 |
| United Advisor Group, LLC added | 141,999 | $8M | 0.4% | 2026-Q2 |
| Goldstone Financial Group, LLC trimmed | 139,716 | $8M | 0.4% | 2026-Q2 |
| Grey Ledge Advisors, LLC added | 138,793 | $8M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 125,957 | $7M | 0.4% | 2026-Q2 |
| Dickmeyer Boyce Financial Management, Inc. added | 124,755 | $7M | 0.4% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 123,429 | $7M | 0.3% | 2026-Q2 |
| MJT & Associates Financial Advisory Group, Inc. added | 122,710 | $7M | 0.3% | 2026-Q2 |
| Mariner, LLC trimmed | 121,630 | $7M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 117,538 | $7M | 0.3% | 2026-Q2 |
| Main Street Financial Solutions, LLC added | 117,357 | $7M | 0.3% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC added | 116,310 | $7M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 116,159 | $7M | 0.3% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 114,929 | $6M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 114,206 | $6M | 0.3% | 2026-Q2 |
| Roan Capital Partners added | 109,694 | $6M | 0.3% | 2026-Q2 |
| Modera Wealth Management, LLC trimmed | 109,088 | $6M | 0.3% | 2026-Q2 |
| Copper Harbor Investment Advisors, LLC new | 107,806 | $6M | 0.3% | 2026-Q2 |
| IFG Advisory, LLC added | 105,197 | $6M | 0.3% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 99,740 | $6M | 0.3% | 2026-Q2 |
| Atria Investments, Inc trimmed | 99,412 | $6M | 0.3% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC trimmed | 98,669 | $6M | 0.3% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC added | 94,973 | $5M | 0.3% | 2026-Q2 |
| Frazier Financial Advisors, LLC added | 94,923 | $5M | 0.3% | 2026-Q2 |
| Private Capital Management, LLC added | 92,847 | $5M | 0.3% | 2026-Q2 |
| CAHILL FINANCIAL ADVISORS INC added | 89,047 | $5M | 0.3% | 2026-Q2 |
| Apeiron RIA LLC added | 88,465 | $5M | 0.3% | 2026-Q2 |
| JPL Wealth Management, LLC trimmed | 86,608 | $5M | 0.2% | 2026-Q2 |
| Harbour Wealth Management Group, Inc. added | 86,114 | $5M | 0.2% | 2026-Q2 |
| Cascade Financial Partners, LLC trimmed | 85,460 | $5M | 0.2% | 2026-Q2 |
| INSPIRION WEALTH ADVISORS, LLC trimmed | 82,879 | $5M | 0.2% | 2026-Q2 |
| Viaable, LLC new | 81,845 | $5M | 0.2% | 2026-Q2 |
| Nikulski Financial, Inc. trimmed | 80,685 | $5M | 0.2% | 2026-Q2 |
| Larson Financial Group LLC added | 80,053 | $5M | 0.2% | 2026-Q2 |
| Sage Capital Management, LLC added | 79,919 | $5M | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 77,269 | $4M | 0.2% | 2026-Q2 |
| SouthState Bank Corp trimmed | 77,046 | $4M | 0.2% | 2026-Q2 |
| Meridian Wealth Management, LLC trimmed | 76,429 | $4M | 0.2% | 2026-Q2 |
| BEACON FINANCIAL GROUP trimmed | 76,334 | $4M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 73,854 | $4M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 72,124 | $4M | 0.2% | 2026-Q2 |
| Midwest Trust Co trimmed | 71,841 | $4M | 0.2% | 2026-Q2 |
| HANCOCK WHITNEY CORP trimmed | 68,053 | $4M | 0.2% | 2026-Q2 |
| Independence Bank of Kentucky added | 65,149 | $4M | 0.2% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 63,098 | $4M | 0.2% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 60,561 | $3M | 0.2% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 59,256 | $3M | 0.2% | 2026-Q2 |
| Intrua Financial, LLC added | 58,110 | $3M | 0.2% | 2026-Q2 |
| FOUNDERS GROVE WEALTH PARTNERS, LLC trimmed | 57,442 | $3M | 0.2% | 2026-Q2 |
| Brady Martz Wealth Solutions, LLC added | 55,699 | $3M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 55,604 | $3M | 0.2% | 2026-Q2 |
| &PARTNERS added | 53,534 | $3M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors added | 52,367 | $3M | 0.1% | 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.
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.