Who owns DSEP (DSEP)
Which tracked institutional funds hold DSEP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DSEP 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 DSEP is one-sided between 2025-Q4 and 2026-Q1: 6 added or opened and 18 trimmed or exited — on balance reducing.
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
DSEP’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT INC, 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 gap the other way — the median holder sizes DSEP more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DSEP 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 109 tracked filers holding DSEP, 29 increased or opened the position and 65 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 DSEP 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 2
- CITADEL ADVISORS LLC$750K
- JPMORGAN CHASE & CO$552K
Full exits 5
- J.W. COLE ADVISORS, INC.$1M
- Strategic Blueprint, LLC$839K
- IMC-Chicago, LLC$682K
- GOLDMAN SACHS GROUP INC$617K
- Oakmont Advisory Group, LLC$522K
Largest adds
- HARBOUR INVESTMENTS, INC.$884K
- ENVESTNET ASSET MANAGEMENT INC$790K
- FOUNDERS FINANCIAL SECURITIES LLC$567K
- Cetera Investment Advisers$325K
Largest trims
- CWM, LLC$3M
- MML INVESTORS SERVICES, LLC$1M
- COMMONWEALTH EQUITY SERVICES, LLC$1M
- OSAIC HOLDINGS, INC.$1M
- REAP Financial Group, LLC$825K
- CASCADE INVESTMENT GROUP, INC.$765K
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC added | 298,703 | $13M | 7.7% | 2026-Q1 |
| Spectrum Asset Management, Inc. (NB/CA) trimmed | 255,370 | $11M | 6.6% | 2026-Q1 |
| REAP Financial Group, LLC trimmed | 227,985 | $10M | 5.9% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 176,952 | $8M | 4.5% | 2026-Q1 |
| Cetera Investment Advisers added | 126,827 | $6M | 3.3% | 2026-Q1 |
| CWM, LLC trimmed | 125,930 | $6M | 3.2% | 2026-Q1 |
| WINNOW WEALTH LLC trimmed | 113,643 | $5M | 2.9% | 2026-Q1 |
| Wood Tarver Financial Group, LLC trimmed | 95,753 | $4M | 2.5% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 91,025 | $4M | 2.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 88,464 | $4M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 87,001 | $4M | 2.2% | 2026-Q1 |
| Advyzon Investment Management, LLC trimmed | 80,813 | $4M | 2.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 78,866 | $3M | 2.0% | 2026-Q1 |
| OGOREK ANTHONY JOSEPH /NY/ /ADV trimmed | 76,807 | $3M | 2.0% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 72,970 | $3M | 1.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 67,546 | $3M | 1.7% | 2026-Q1 |
| Maia Wealth LLC trimmed | 64,478 | $3M | 1.7% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 59,609 | $3M | 1.5% | 2026-Q1 |
| LifeWealth Investments, LLC trimmed | 56,445 | $2M | 1.4% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 55,236 | $2M | 1.4% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC | 53,770 | $2M | 1.4% | 2026-Q1 |
| Hardworking Capital Advisors, LLC trimmed | 45,546 | $2M | 1.2% | 2026-Q1 |
| Ignite Planners, LLC | 38,301 | $2M | 1.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 37,786 | $2M | 1.0% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 36,487 | $2M | 0.9% | 2026-Q1 |
| 1ST SOURCE BANK | 29,472 | $1M | 0.8% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 29,111 | $1M | 0.7% | 2026-Q1 |
| Prospera Financial Services Inc added | 27,399 | $1M | 0.7% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 27,127 | $1M | 0.7% | 2026-Q1 |
| Signal Advisors Wealth, LLC trimmed | 26,457 | $1M | 0.7% | 2026-Q1 |
| Kovack Advisors, Inc. | 25,394 | $1M | 0.7% | 2026-Q1 |
| Mutual Advisors, LLC trimmed | 24,470 | $1M | 0.6% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 24,133 | $1M | 0.6% | 2026-Q1 |
| Integrity Financial Corp /WA trimmed | 18,688 | $822K | 0.5% | 2026-Q1 |
| Nova Wealth Management, Inc. trimmed | 17,361 | $763K | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 17,051 | $750K | 0.4% | 2026-Q1 |
| McKinley Carter Wealth Services, Inc. | 16,934 | $744K | 0.4% | 2026-Q1 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors trimmed | 15,455 | $679K | 0.4% | 2026-Q1 |
| &PARTNERS added | 15,037 | $661K | 0.4% | 2026-Q1 |
| Onyx Bridge Wealth Group LLC trimmed | 15,012 | $660K | 0.4% | 2026-Q1 |
| PRECEDENT WEALTH PARTNERS, LLC trimmed | 14,814 | $651K | 0.4% | 2026-Q1 |
| First Heartland Consultants, Inc. trimmed | 13,417 | $590K | 0.3% | 2026-Q1 |
| MGO ONE SEVEN LLC | 12,596 | $554K | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 12,730 | $552K | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 11,839 | $523K | 0.3% | 2026-Q1 |
| Accel Wealth Management trimmed | 11,809 | $519K | 0.3% | 2026-Q1 |
| RFG Advisory, LLC added | 11,793 | $518K | 0.3% | 2026-Q1 |
| Wealth Group Ltd trimmed | 11,754 | $517K | 0.3% | 2026-Q1 |
| Inspire Advisors, LLC trimmed | 11,265 | $495K | 0.3% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC | 11,238 | $494K | 0.3% | 2026-Q1 |
| Sloy Dahl & Holst, LLC | 11,140 | $490K | 0.3% | 2026-Q1 |
| LEGACY SOLUTIONS, LLC | 11,089 | $487K | 0.3% | 2026-Q1 |
| Advance Capital Management, Inc. added | 10,772 | $474K | 0.3% | 2026-Q1 |
| Prosperity Consulting Group, LLC trimmed | 10,076 | $443K | 0.3% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC new | 10,049 | $442K | 0.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 9,980 | $439K | 0.3% | 2026-Q1 |
| Financial Guidance Group, Inc. | 9,900 | $435K | 0.3% | 2026-Q1 |
| Aptus Capital Advisors, LLC | 9,900 | $435K | 0.3% | 2026-Q1 |
| Apollon Wealth Management, LLC trimmed | 9,735 | $428K | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 9,378 | $412K | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 9,250 | $407K | 0.2% | 2026-Q1 |
| CASCADE INVESTMENT GROUP, INC. trimmed | 9,141 | $402K | 0.2% | 2026-Q1 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC | 8,971 | $394K | 0.2% | 2026-Q1 |
| Clear Creek Financial Management, LLC trimmed | 8,811 | $387K | 0.2% | 2026-Q1 |
| ARBOR CAPITAL MANAGEMENT INC /ADV trimmed | 8,536 | $382K | 0.2% | 2026-Q1 |
| Schwallier Wealth Management LLC added | 8,431 | $371K | 0.2% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 8,174 | $359K | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 7,546 | $332K | 0.2% | 2026-Q1 |
| Ritter Daniher Financial Advisory LLC / DE | 7,425 | $326K | 0.2% | 2026-Q1 |
| Legacy Capital Wealth Partners, LLC trimmed | 7,366 | $324K | 0.2% | 2026-Q1 |
| Maltin Wealth Management, Inc. | 6,831 | $300K | 0.2% | 2026-Q1 |
| Ameritas Advisory Services, LLC | 6,768 | $298K | 0.2% | 2026-Q1 |
| EVOLUTION WEALTH MANAGEMENT INC. trimmed | 6,639 | $292K | 0.2% | 2026-Q1 |
| Waverly Advisors, LLC | 6,212 | $273K | 0.2% | 2026-Q1 |
| TCFG WEALTH MANAGEMENT, LLC trimmed | 5,988 | $263K | 0.2% | 2026-Q1 |
| TCFG Investment Advisors, LLC new | 5,988 | $263K | 0.2% | 2026-Q1 |
| Buck Wealth Strategies, LLC | 5,783 | $254K | 0.1% | 2026-Q1 |
| Sequent Planning LLC trimmed | 5,753 | $253K | 0.1% | 2026-Q1 |
| HERITAGE OAK WEALTH ADVISORS LLC | 5,666 | $249K | 0.1% | 2026-Q1 |
| Per Stirling Capital Management, LLC. trimmed | 5,542 | $244K | 0.1% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. added | 5,430 | $239K | 0.1% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. | 5,337 | $235K | 0.1% | 2026-Q1 |
| Bison Wealth, LLC trimmed | 256,370 | $11M | 6.4% | 2025-Q2 stale |
| Ausdal Financial Partners, Inc. new | 123,868 | $5M | 3.2% | 2025-Q3 stale |
| Comprehensive Financial Consultants Institutional, Inc. trimmed | 61,362 | $3M | 1.5% | 2025-Q2 stale |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 38,669 | $2M | 0.9% | 2025-Q2 stale |
| J.W. COLE ADVISORS, INC. | 23,060 | $1M | 0.6% | 2025-Q4 stale |
| TOWNSQUARE CAPITAL LLC added | 24,484 | $971K | 0.6% | 2025-Q1 stale |
| Strategic Blueprint, LLC added | 18,694 | $839K | 0.5% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 16,342 | $722K | 0.4% | 2025-Q3 stale |
| Spire Wealth Management trimmed | 16,052 | $709K | 0.4% | 2025-Q3 stale |
| IMC-Chicago, LLC new | 15,192 | $682K | 0.4% | 2025-Q4 stale |
| Lunt Capital Management, Inc. | 15,046 | $665K | 0.4% | 2025-Q3 stale |
| SILVER OAK SECURITIES, INCORPORATED | 15,046 | $638K | 0.4% | 2025-Q2 stale |
| GOLDMAN SACHS GROUP INC new | 13,741 | $617K | 0.4% | 2025-Q4 stale |
| Oakmont Advisory Group, LLC new | 11,619 | $522K | 0.3% | 2025-Q4 stale |
| Foguth Wealth Management, LLC. added | 10,425 | $468K | 0.3% | 2025-Q4 stale |
| SUMMIT WEALTH GROUP LLC / CO new | 5,055 | $413K | 0.2% | 2025-Q3 stale |
| StoneX Group Inc. added | 7,967 | $358K | 0.2% | 2025-Q4 stale |
| BRASS TAX WEALTH MANAGEMENT, INC trimmed | 6,492 | $287K | 0.2% | 2025-Q3 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.