Who owns DWLD (DWLD)
Which tracked institutional funds hold DWLD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DWLD 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
9 tracked funds added or opened DWLD while 9 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
DWLD’s largest tracked holder by dollar value, DAVIS SELECTED ADVISERS, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DWLD 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 62 tracked filers holding DWLD, 33 increased or opened the position and 18 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 DWLD 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 1
- CITADEL ADVISORS LLC$711K
Full exits 2
- Lifetime Wealth Management P.C.$2M
- MGB Wealth Management, LLC$673K
Largest adds
- BANK OF AMERICA CORP /DE/$14M
- LPL Financial LLC$6M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$3M
- ROYAL BANK OF CANADA$2M
- RAYMOND JAMES FINANCIAL INC$969K
- Strategic Blueprint, LLC$664K
Largest trims
- DAVIS SELECTED ADVISERS$5M
- STIFEL FINANCIAL CORP$458K
- NewEdge Advisors, LLC$329K
- Rockefeller Capital Management L.P.$315K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$298K
- Baird Financial Group, Inc.$275K
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 |
|---|---|---|---|---|
| DAVIS SELECTED ADVISERS added | 1,935,585 | $85M | 23.0% | 2026-Q1 |
| MORGAN STANLEY added | 1,800,086 | $79M | 21.4% | 2026-Q1 |
| Cetera Investment Advisers added | 780,871 | $34M | 9.3% | 2026-Q1 |
| LPL Financial LLC added | 548,101 | $24M | 6.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 430,193 | $19M | 5.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 388,003 | $17M | 4.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 347,396 | $15M | 4.1% | 2026-Q1 |
| Fjell Capital, LLC added | 268,913 | $12M | 3.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 258,279 | $11M | 3.1% | 2026-Q1 |
| UBS Group AG added | 178,835 | $8M | 2.1% | 2026-Q1 |
| Baird Financial Group, Inc. added | 178,722 | $8M | 2.1% | 2026-Q1 |
| Melone Private Wealth, LLC added | 122,229 | $5M | 1.5% | 2026-Q1 |
| DAVENPORT & Co LLC added | 105,898 | $5M | 1.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 89,399 | $4M | 1.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 82,085 | $4M | 1.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 69,526 | $3M | 0.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 47,156 | $2M | 0.6% | 2026-Q1 |
| INTEGRITY WEALTH ADVISORS, INC. added | 46,088 | $2M | 0.5% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 42,425 | $2M | 0.5% | 2026-Q1 |
| RHODES INVESTMENT ADVISORS INC /ADV added | 41,431 | $2M | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 40,084 | $2M | 0.5% | 2026-Q1 |
| Southeast Asset Advisors, LLC trimmed | 37,620 | $2M | 0.4% | 2026-Q1 |
| Lunt Capital Management, Inc. | 37,437 | $2M | 0.4% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 33,408 | $1M | 0.4% | 2026-Q1 |
| Heritage Wealth Management, Inc. added | 32,272 | $1M | 0.4% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 31,881 | $1M | 0.4% | 2026-Q1 |
| Strategic Blueprint, LLC added | 25,859 | $1M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC added | 20,073 | $879K | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 16,236 | $711K | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 13,483 | $591K | 0.2% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 13,216 | $579K | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 13,171 | $577K | 0.2% | 2026-Q1 |
| HighPoint Advisor Group LLC added | 12,538 | $549K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 11,227 | $492K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. | 10,878 | $477K | 0.1% | 2026-Q1 |
| Capital Investment Advisory Services, LLC added | 8,916 | $391K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 8,693 | $381K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 8,134 | $356K | 0.1% | 2026-Q1 |
| Modern Wealth Management, LLC trimmed | 7,600 | $335K | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC | 7,400 | $324K | 0.1% | 2026-Q1 |
| SUMMIT WEALTH GROUP LLC / CO trimmed | 7,316 | $321K | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC trimmed | 6,691 | $293K | 0.1% | 2026-Q1 |
| Mariner, LLC trimmed | 6,577 | $288K | 0.1% | 2026-Q1 |
| Confluence Wealth Services, Inc. | 6,191 | $271K | 0.1% | 2026-Q1 |
| Diligent Investors, LLC | 5,020 | $220K | 0.1% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC new | 4,991 | $219K | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC | 4,587 | $201K | 0.1% | 2026-Q1 |
| NBZ Investment Advisors LLC new | 4,575 | $200K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 2,203 | $97K | 0.0% | 2026-Q1 |
| AdvisorNet Financial, Inc added | 1,777 | $78K | 0.0% | 2026-Q1 |
| CWM, LLC | 1,505 | $66K | 0.0% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC new | 1,496 | $66K | 0.0% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 1,117 | $49K | 0.0% | 2026-Q1 |
| Birchwood Financial Partners, Inc. | 985 | $43K | 0.0% | 2026-Q1 |
| PRIVATE TRUST CO NA | 600 | $26K | 0.0% | 2026-Q1 |
| City State Bank | 358 | $16K | 0.0% | 2026-Q1 |
| NewEdge Advisors, LLC | 7,200 | $7K | 0.0% | 2026-Q1 |
| ALERUS FINANCIAL NA | 159 | $7K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. | 125 | $5K | 0.0% | 2026-Q1 |
| Russell Investments Group, Ltd. new | 100 | $4K | 0.0% | 2026-Q1 |
| SITTNER & NELSON, LLC | 1 | $44 | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 1 | $37 | 0.0% | 2026-Q1 |
| OneAscent Financial Services LLC added | 51,446 | $2M | 0.6% | 2025-Q2 stale |
| Atria Investments, Inc added | 51,446 | $2M | 0.6% | 2025-Q2 stale |
| Lifetime Wealth Management P.C. new | 49 | $2M | 0.5% | 2025-Q4 stale |
| MGB Wealth Management, LLC added | 14,423 | $673K | 0.2% | 2025-Q4 stale |
| SILVER OAK SECURITIES, INCORPORATED trimmed | 15,484 | $642K | 0.2% | 2025-Q2 stale |
| Creative Planning | 8,981 | $372K | 0.1% | 2025-Q2 stale |
| Advisor Resource Council added | 7,520 | $283K | 0.1% | 2025-Q1 stale |
| Kestra Investment Management, LLC new | 5,137 | $232K | 0.1% | 2025-Q3 stale |
| J.W. COLE ADVISORS, INC. added | 4,593 | $214K | 0.1% | 2025-Q4 stale |
| Wealth Advisory Solutions, LLC trimmed | 5,131 | $213K | 0.1% | 2025-Q2 stale |
| COMERICA BANK | 2,122 | $88K | 0.0% | 2025-Q2 stale |
| SageView Advisory Group, LLC new | 178 | $8K | 0.0% | 2025-Q4 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.