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Institutional Ownership · SEC Form 13F

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.

62
Institutional holders
8,214,922
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
DAVIS SELECTED ADVISERS added1,935,585$85M23.0%2026-Q1
MORGAN STANLEY added1,800,086$79M21.4%2026-Q1
Cetera Investment Advisers added780,871$34M9.3%2026-Q1
LPL Financial LLC added548,101$24M6.5%2026-Q1
BANK OF AMERICA CORP /DE/ added430,193$19M5.1%2026-Q1
ROYAL BANK OF CANADA added388,003$17M4.6%2026-Q1
STIFEL FINANCIAL CORP added347,396$15M4.1%2026-Q1
Fjell Capital, LLC added268,913$12M3.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added258,279$11M3.1%2026-Q1
UBS Group AG added178,835$8M2.1%2026-Q1
Baird Financial Group, Inc. added178,722$8M2.1%2026-Q1
Melone Private Wealth, LLC added122,229$5M1.5%2026-Q1
DAVENPORT & Co LLC added105,898$5M1.3%2026-Q1
Rockefeller Capital Management L.P. trimmed89,399$4M1.1%2026-Q1
Kestra Advisory Services, LLC added82,085$4M1.0%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added69,526$3M0.8%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed47,156$2M0.6%2026-Q1
INTEGRITY WEALTH ADVISORS, INC. added46,088$2M0.5%2026-Q1
BENJAMIN EDWARDS INC added42,425$2M0.5%2026-Q1
RHODES INVESTMENT ADVISORS INC /ADV added41,431$2M0.5%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed40,084$2M0.5%2026-Q1
Southeast Asset Advisors, LLC trimmed37,620$2M0.4%2026-Q1
Lunt Capital Management, Inc.37,437$2M0.4%2026-Q1
CAPTRUST FINANCIAL ADVISORS added33,408$1M0.4%2026-Q1
Heritage Wealth Management, Inc. added32,272$1M0.4%2026-Q1
D.A. DAVIDSON & CO. trimmed31,881$1M0.4%2026-Q1
Strategic Blueprint, LLC added25,859$1M0.3%2026-Q1
Private Advisor Group, LLC added20,073$879K0.2%2026-Q1
CITADEL ADVISORS LLC trimmed16,236$711K0.2%2026-Q1
JANE STREET GROUP, LLC trimmed13,483$591K0.2%2026-Q1
Geneos Wealth Management Inc. added13,216$579K0.2%2026-Q1
TRUIST FINANCIAL CORP trimmed13,171$577K0.2%2026-Q1
HighPoint Advisor Group LLC added12,538$549K0.1%2026-Q1
OSAIC HOLDINGS, INC. trimmed11,227$492K0.1%2026-Q1
Cambridge Investment Research Advisors, Inc.10,878$477K0.1%2026-Q1
Capital Investment Advisory Services, LLC added8,916$391K0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed8,693$381K0.1%2026-Q1
HighTower Advisors, LLC added8,134$356K0.1%2026-Q1
Modern Wealth Management, LLC trimmed7,600$335K0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC7,400$324K0.1%2026-Q1
SUMMIT WEALTH GROUP LLC / CO trimmed7,316$321K0.1%2026-Q1
Integrated Wealth Concepts LLC trimmed6,691$293K0.1%2026-Q1
Mariner, LLC trimmed6,577$288K0.1%2026-Q1
Confluence Wealth Services, Inc.6,191$271K0.1%2026-Q1
Diligent Investors, LLC5,020$220K0.1%2026-Q1
KINGSWOOD WEALTH ADVISORS, LLC new4,991$219K0.1%2026-Q1
Janney Montgomery Scott LLC4,587$201K0.1%2026-Q1
NBZ Investment Advisors LLC new4,575$200K0.1%2026-Q1
FIFTH THIRD BANCORP new2,203$97K0.0%2026-Q1
AdvisorNet Financial, Inc added1,777$78K0.0%2026-Q1
CWM, LLC1,505$66K0.0%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC new1,496$66K0.0%2026-Q1
CREATIVE FINANCIAL DESIGNS INC /ADV1,117$49K0.0%2026-Q1
Birchwood Financial Partners, Inc.985$43K0.0%2026-Q1
PRIVATE TRUST CO NA600$26K0.0%2026-Q1
City State Bank358$16K0.0%2026-Q1
NewEdge Advisors, LLC7,200$7K0.0%2026-Q1
ALERUS FINANCIAL NA159$7K0.0%2026-Q1
HARBOUR INVESTMENTS, INC.125$5K0.0%2026-Q1
Russell Investments Group, Ltd. new100$4K0.0%2026-Q1
SITTNER & NELSON, LLC1$440.0%2026-Q1
WELLS FARGO & COMPANY/MN trimmed1$370.0%2026-Q1
OneAscent Financial Services LLC added51,446$2M0.6%2025-Q2 stale
Atria Investments, Inc added51,446$2M0.6%2025-Q2 stale
Lifetime Wealth Management P.C. new49$2M0.5%2025-Q4 stale
MGB Wealth Management, LLC added14,423$673K0.2%2025-Q4 stale
SILVER OAK SECURITIES, INCORPORATED trimmed15,484$642K0.2%2025-Q2 stale
Creative Planning8,981$372K0.1%2025-Q2 stale
Advisor Resource Council added7,520$283K0.1%2025-Q1 stale
Kestra Investment Management, LLC new5,137$232K0.1%2025-Q3 stale
J.W. COLE ADVISORS, INC. added4,593$214K0.1%2025-Q4 stale
Wealth Advisory Solutions, LLC trimmed5,131$213K0.1%2025-Q2 stale
COMERICA BANK2,122$88K0.0%2025-Q2 stale
SageView Advisory Group, LLC new178$8K0.0%2025-Q4 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership