Who owns DUBS (DUBS)
Which tracked institutional funds hold DUBS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DUBS 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
12 tracked funds added or opened DUBS while 7 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
DUBS’s largest tracked holder by dollar value, Aptus Capital Advisors, LLC, sizes it at 1.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DUBS 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 36 tracked filers holding DUBS, 29 increased or opened the position and 12 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 DUBS 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 3
- ENVESTNET ASSET MANAGEMENT INC$17M
- 6th Street Advisors, LLC$11M
- RFG Advisory, LLC$1M
Full exits 4
- True Vision MN LLC$1M
- Wilian Securities, LLC$979K
- OLD MISSION CAPITAL LLC$837K
- Retirement Planning Group, LLC$550K
Largest adds
- Aptus Capital Advisors, LLC$22M
- Integrated Wealth Concepts LLC$14M
- Park Place Capital Corp$9M
- Second Line Capital, LLC$8M
- Independent Advisor Alliance$2M
- Signal Advisors Wealth, LLC$1M
Largest trims
- LPL Financial LLC$752K
- JANE STREET GROUP, LLC$289K
- Waterloo Capital, L.P.$283K
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 |
|---|---|---|---|---|
| Aptus Capital Advisors, LLC added | 3,806,692 | $137M | 37.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 2,555,969 | $92M | 24.9% | 2026-Q1 |
| Second Line Capital, LLC added | 497,908 | $20M | 5.4% | 2026-Q1 |
| GUARDIAN WEALTH ADVISORS, LLC / NC added | 479,540 | $17M | 4.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 475,804 | $17M | 4.6% | 2026-Q1 |
| Park Place Capital Corp added | 458,785 | $17M | 4.5% | 2026-Q1 |
| 6th Street Advisors, LLC new | 315,533 | $11M | 3.1% | 2026-Q1 |
| Waterloo Capital, L.P. added | 216,432 | $8M | 2.1% | 2026-Q1 |
| Signal Advisors Wealth, LLC added | 208,041 | $8M | 2.0% | 2026-Q1 |
| MBE Wealth Management, LLC added | 141,970 | $5M | 1.4% | 2026-Q1 |
| SILVER OAK SECURITIES, INCORPORATED added | 140,803 | $5M | 1.4% | 2026-Q1 |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC added | 77,618 | $3M | 0.8% | 2026-Q1 |
| Independent Advisor Alliance added | 77,199 | $3M | 0.8% | 2026-Q1 |
| RENASANT BANK added | 76,199 | $3M | 0.7% | 2026-Q1 |
| Atria Investments, Inc added | 71,337 | $3M | 0.7% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 68,978 | $2M | 0.7% | 2026-Q1 |
| MARIPAU WEALTH MANAGEMENT LLC added | 60,657 | $2M | 0.6% | 2026-Q1 |
| Second Half Financial Partners, LLC added | 52,084 | $2M | 0.5% | 2026-Q1 |
| Regal Investment Advisors LLC added | 49,282 | $2M | 0.5% | 2026-Q1 |
| Lord & Richards Wealth Management, LLC added | 45,083 | $2M | 0.4% | 2026-Q1 |
| Cushing Capital Partners, LLC added | 41,193 | $1M | 0.4% | 2026-Q1 |
| RFG Advisory, LLC new | 37,149 | $1M | 0.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 21,453 | $774K | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 13,299 | $480K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 7,458 | $269K | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC trimmed | 6,674 | $241K | 0.1% | 2026-Q1 |
| Gibbs Wealth Management added | 5,788 | $209K | 0.1% | 2026-Q1 |
| MORRIS FINANCIAL CONCEPTS, INC. | 4,914 | $177K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC new | 2,752 | $100K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 2,680 | $97K | 0.0% | 2026-Q1 |
| Capital Investment Advisory Services, LLC new | 2,212 | $80K | 0.0% | 2026-Q1 |
| WHITTIER TRUST CO | 1,026 | $38K | 0.0% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 415 | $15K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO | 353 | $12K | 0.0% | 2026-Q1 |
| Allworth Financial LP | 269 | $10K | 0.0% | 2026-Q1 |
| SIGNATUREFD, LLC new | 266 | $10K | 0.0% | 2026-Q1 |
| True Vision MN LLC trimmed | 34,352 | $1M | 0.3% | 2025-Q4 stale |
| Wilian Securities, LLC new | 25,979 | $979K | 0.3% | 2025-Q4 stale |
| Advisor Resource Council added | 33,243 | $846K | 0.2% | 2025-Q1 stale |
| OLD MISSION CAPITAL LLC trimmed | 22,225 | $837K | 0.2% | 2025-Q4 stale |
| Retirement Planning Group, LLC trimmed | 14,606 | $550K | 0.1% | 2025-Q4 stale |
| Virtue Capital Management, LLC trimmed | 1,365 | $447K | 0.1% | 2025-Q4 stale |
| MERCER GLOBAL ADVISORS INC /ADV new | 14,392 | $444K | 0.1% | 2025-Q1 stale |
| CITADEL ADVISORS LLC added | 11,010 | $402K | 0.1% | 2025-Q3 stale |
| Gladstone Institutional Advisory LLC trimmed | 7,794 | $294K | 0.1% | 2025-Q4 stale |
| BOKF, NA trimmed | 3,357 | $123K | 0.0% | 2025-Q3 stale |
| OPTIMA CAPITAL LLC new | 2,989 | $113K | 0.0% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ added | 1,861 | $68K | 0.0% | 2025-Q3 stale |
| PRIVATE TRUST CO NA new | 1,195 | $37K | 0.0% | 2025-Q1 stale |
| Global Retirement Partners, LLC trimmed | 724 | $27K | 0.0% | 2025-Q4 stale |
| WELLS FARGO & COMPANY/MN | 643 | $22K | 0.0% | 2025-Q2 stale |
| FSA Wealth Management LLC | 269 | $10K | 0.0% | 2025-Q3 stale |
| Rockefeller Capital Management L.P. new | 145 | $5K | 0.0% | 2025-Q4 stale |
| Concord Wealth Partners new | 67 | $2K | 0.0% | 2025-Q1 stale |
| TCFG WEALTH MANAGEMENT, LLC new | 13,506 | $368 | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.