Who owns 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-Q2 13F filings (latest filed 2026-08-14). 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 DUBS is one-sided between 2026-Q1 and 2026-Q2: 20 added or opened and 3 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
DUBS’s largest tracked holder by dollar value, Aptus Capital Advisors, LLC, sizes it at 1.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.2pp 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 2026-Q1 and 2026-Q2, across 41 tracked filers holding DUBS, 30 increased or opened the position and 13 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 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
- Tailwinds Wealth, LLC$3M
Full exits 1
- Integrated Wealth Concepts LLC$92M
Largest adds
- Aptus Capital Advisors, LLC$35M
- ENVESTNET ASSET MANAGEMENT INC$6M
- Waterloo Capital, L.P.$5M
- Signal Advisors Wealth, LLC$4M
- Park Place Capital Corp$3M
- Capital Investment Advisory Services, LLC$3M
Largest trims
- Independent Advisor Alliance$1M
- RFG Advisory, LLC$528K
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 | 4,145,689 | $173M | 39.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 549,958 | $23M | 5.2% | 2026-Q2 |
| Second Line Capital, LLC added | 516,098 | $21M | 4.9% | 2026-Q2 |
| GUARDIAN WEALTH ADVISORS, LLC / NC added | 488,028 | $20M | 4.6% | 2026-Q2 |
| Park Place Capital Corp added | 478,400 | $20M | 4.5% | 2026-Q2 |
| 6th Street Advisors, LLC trimmed | 311,082 | $13M | 2.9% | 2026-Q2 |
| Waterloo Capital, L.P. added | 307,808 | $13M | 2.9% | 2026-Q2 |
| Signal Advisors Wealth, LLC added | 280,461 | $12M | 2.7% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED added | 146,411 | $6M | 1.4% | 2026-Q2 |
| MBE Wealth Management, LLC added | 142,922 | $6M | 1.4% | 2026-Q2 |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC added | 89,103 | $4M | 0.8% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 81,477 | $3M | 0.8% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 81,143 | $3M | 0.8% | 2026-Q2 |
| RENASANT BANK added | 79,064 | $3M | 0.7% | 2026-Q2 |
| Atria Investments, Inc added | 71,901 | $3M | 0.7% | 2026-Q2 |
| MARIPAU WEALTH MANAGEMENT LLC added | 66,814 | $3M | 0.6% | 2026-Q2 |
| Tailwinds Wealth, LLC added | 63,907 | $3M | 0.6% | 2026-Q2 |
| Regal Investment Advisors LLC added | 49,419 | $2M | 0.5% | 2026-Q2 |
| Second Half Financial Partners, LLC trimmed | 49,195 | $2M | 0.5% | 2026-Q2 |
| Lord & Richards Wealth Management, LLC added | 46,969 | $2M | 0.4% | 2026-Q2 |
| Cushing Capital Partners, LLC added | 43,978 | $2M | 0.4% | 2026-Q2 |
| Independent Advisor Alliance trimmed | 34,945 | $1M | 0.3% | 2026-Q2 |
| LPL Financial LLC added | 22,688 | $945K | 0.2% | 2026-Q2 |
| RFG Advisory, LLC trimmed | 19,488 | $812K | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP new | 8,655 | $360K | 0.1% | 2026-Q2 |
| Valeo Financial Advisors, LLC new | 8,288 | $345K | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 7,870 | $328K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 7,053 | $294K | 0.1% | 2026-Q2 |
| Strong Retirement Solutions LLC new | 5,430 | $226K | 0.1% | 2026-Q2 |
| MORRIS FINANCIAL CONCEPTS, INC. | 4,914 | $205K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 2,503 | $104K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 1,378 | $57K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC added | 1,135 | $47K | 0.0% | 2026-Q2 |
| WHITTIER TRUST CO | 1,026 | $43K | 0.0% | 2026-Q2 |
| ASSETMARK, INC new | 595 | $25K | 0.0% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 417 | $17K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO | 353 | $15K | 0.0% | 2026-Q2 |
| Regatta Research & Money Management new | 258 | $11K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC new | 73 | $3K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 16 | $666 | 0.0% | 2026-Q2 |
| SIGNATUREFD, LLC trimmed | 0 | $14 | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 2,555,969 | $92M | 21.0% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 13,299 | $480K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Town Capital LLC trimmed | 8,716 | $314K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Gibbs Wealth Management added | 5,788 | $209K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Allworth Financial LP | 269 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| True Vision MN LLC trimmed | 34,352 | $1M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| OLD MISSION CAPITAL LLC trimmed | 22,225 | $837K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Retirement Planning Group, LLC trimmed | 14,606 | $550K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Virtue Capital Management, LLC trimmed | 1,365 | $447K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Gladstone Institutional Advisory LLC trimmed | 7,794 | $294K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| OPTIMA CAPITAL LLC new | 2,989 | $113K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Rockefeller Capital Management L.P. new | 145 | $5K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC added | 11,010 | $402K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| BOKF, NA trimmed | 3,357 | $123K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| BANK OF AMERICA CORP /DE/ added | 1,861 | $68K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| FSA Wealth Management LLC | 269 | $10K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| TCFG WEALTH MANAGEMENT, LLC new | 13,506 | $368 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.