Who owns DWX
Which tracked institutional funds hold DWX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DWX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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
18 tracked funds added or opened DWX while 16 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
DWX’s largest tracked holder by dollar value, MORGAN STANLEY, 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 DWX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DWX 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 129 tracked filers holding DWX, 60 increased or opened the position and 55 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 DWX 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 4
- BIP Wealth, LLC$2M
- AlTi Global, Inc.$1M
- Global Retirement Partners, LLC$680K
- Phillip James Consulting Co.$521K
Full exits 9
- Columbia River Financial Group, LLC$13M
- Red Tortoise LLC$2M
- FDx Advisors, Inc.$2M
- Virtu Financial LLC$818K
- HighTower Advisors, LLC$750K
- Cambridge Investment Research Advisors, Inc.$742K
Largest adds
- MML INVESTORS SERVICES, LLC$2M
- MORGAN STANLEY$2M
- Farther Finance Advisors, LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
- OSAIC HOLDINGS, INC.$1M
- LPL Financial LLC$1M
Largest trims
- WealthShield Partners, LLC$2M
- WELLS FARGO & COMPANY/MN$2M
- JANE STREET GROUP, LLC$1M
- Focus Partners Wealth$422K
- COMMONWEALTH EQUITY SERVICES, LLC$422K
- UBS Group AG$299K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 884,037 | $41M | 15.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 724,900 | $33M | 12.7% | 2026-Q2 |
| UBS Group AG trimmed | 382,023 | $18M | 6.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 312,212 | $14M | 5.5% | 2026-Q2 |
| Concord Wealth Partners added | 263,359 | $12M | 4.6% | 2026-Q2 |
| Baker Avenue Asset Management, LP trimmed | 255,937 | $12M | 4.5% | 2026-Q2 |
| Concord Asset Management, LLC/VA added | 251,768 | $12M | 4.4% | 2026-Q2 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added | 221,483 | $10M | 3.9% | 2026-Q2 |
| LPL Financial LLC added | 212,224 | $10M | 3.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 144,636 | $7M | 2.5% | 2026-Q2 |
| Focus Partners Wealth trimmed | 138,583 | $6M | 2.4% | 2026-Q2 |
| Allen Capital Group, LLC trimmed | 138,398 | $6M | 2.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 119,072 | $5M | 2.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 98,768 | $5M | 1.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 98,670 | $5M | 1.7% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 97,165 | $4M | 1.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 84,134 | $4M | 1.5% | 2026-Q2 |
| Mount Lucas Management LP added | 67,917 | $3M | 1.2% | 2026-Q2 |
| Cetera Investment Advisers added | 67,907 | $3M | 1.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 65,729 | $3M | 1.2% | 2026-Q2 |
| BIP Wealth, LLC new | 49,647 | $2M | 0.9% | 2026-Q2 |
| Private Advisor Group, LLC added | 46,166 | $2M | 0.8% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 45,764 | $2M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 42,772 | $2M | 0.7% | 2026-Q2 |
| Equitable Holdings, Inc. added | 42,143 | $2M | 0.7% | 2026-Q2 |
| McAdam, LLC added | 37,478 | $2M | 0.7% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 36,485 | $2M | 0.6% | 2026-Q2 |
| Invesco Ltd. trimmed | 29,219 | $1M | 0.5% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC | 28,019 | $1M | 0.5% | 2026-Q2 |
| Parallel Advisors, LLC trimmed | 26,119 | $1M | 0.5% | 2026-Q2 |
| AlTi Global, Inc. new | 25,634 | $1M | 0.4% | 2026-Q2 |
| Heartwood Wealth Advisors LLC | 24,906 | $1M | 0.4% | 2026-Q2 |
| Key Financial Inc | 24,280 | $1M | 0.4% | 2026-Q2 |
| PARTNERS WEALTH MANAGEMENT, LLC added | 23,104 | $1M | 0.4% | 2026-Q2 |
| HBK Sorce Advisory LLC added | 22,369 | $1M | 0.4% | 2026-Q2 |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 21,226 | $976K | 0.4% | 2026-Q2 |
| WINEBRENNER CAPITAL MANAGEMENT LLC | 20,535 | $944K | 0.4% | 2026-Q2 |
| Novak & Powell Financial Services, Inc. added | 20,292 | $933K | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 19,758 | $908K | 0.3% | 2026-Q2 |
| DUMONT & BLAKE INVESTMENT ADVISORS LLC trimmed | 19,591 | $900K | 0.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 19,394 | $891K | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 18,965 | $872K | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 18,319 | $846K | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 17,068 | $784K | 0.3% | 2026-Q2 |
| Fifth Third Securities, Inc. trimmed | 15,451 | $710K | 0.3% | 2026-Q2 |
| Global Retirement Partners, LLC added | 14,800 | $680K | 0.3% | 2026-Q2 |
| Manske Wealth Management trimmed | 13,392 | $616K | 0.2% | 2026-Q2 |
| Savant Capital, LLC added | 12,926 | $592K | 0.2% | 2026-Q2 |
| Hyundai Investments Co., Ltd. added | 12,662 | $584K | 0.2% | 2026-Q2 |
| Composition Wealth, LLC added | 12,353 | $568K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 12,060 | $554K | 0.2% | 2026-Q2 |
| Phillip James Consulting Co. new | 11,896 | $521K | 0.2% | 2026-Q2 |
| Creative Planning added | 11,830 | $544K | 0.2% | 2026-Q2 |
| Curbstone Financial Management Corp trimmed | 10,658 | $490K | 0.2% | 2026-Q2 |
| AlphaCentric Advisors LLC added | 10,549 | $485K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 10,548 | $485K | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 10,251 | $471K | 0.2% | 2026-Q2 |
| Treasure Coast Financial Planning added | 9,225 | $424K | 0.2% | 2026-Q2 |
| PFG Investments, LLC trimmed | 8,957 | $412K | 0.2% | 2026-Q2 |
| WealthPoint Financial, LLC added | 8,941 | $411K | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP | 8,269 | $380K | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 8,223 | $378K | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 8,142 | $374K | 0.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC | 7,740 | $356K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 7,672 | $353K | 0.1% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 7,595 | $349K | 0.1% | 2026-Q2 |
| Rehmann Capital Advisory Group | 7,560 | $347K | 0.1% | 2026-Q2 |
| TMB Capital Partners, LLC trimmed | 7,439 | $342K | 0.1% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 7,145 | $328K | 0.1% | 2026-Q2 |
| MB Generational Wealth, LLC | 6,928 | $318K | 0.1% | 2026-Q2 |
| Creekside Partners added | 6,703 | $308K | 0.1% | 2026-Q2 |
| Counterweight Ventures, LLC | 6,675 | $307K | 0.1% | 2026-Q2 |
| Balentine LLC trimmed | 6,607 | $304K | 0.1% | 2026-Q2 |
| Fairfield Financial Advisors, LTD new | 6,369 | $293K | 0.1% | 2026-Q2 |
| MAI Capital Management added | 6,099 | $280K | 0.1% | 2026-Q2 |
| Southland Equity Partners LLC trimmed | 6,058 | $278K | 0.1% | 2026-Q2 |
| Cerity Partners LLC trimmed | 6,028 | $277K | 0.1% | 2026-Q2 |
| Stablepoint Partners, LLC | 5,848 | $269K | 0.1% | 2026-Q2 |
| Sequent Planning LLC added | 5,545 | $255K | 0.1% | 2026-Q2 |
| ASSETMARK, INC trimmed | 5,453 | $251K | 0.1% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. trimmed | 5,237 | $241K | 0.1% | 2026-Q2 |
| KOM Wealth Management Group, LLC added | 4,897 | $225K | 0.1% | 2026-Q2 |
| Hardin Capital Partners, LLC | 4,866 | $224K | 0.1% | 2026-Q2 |
| Milestone Investment Advisors LLC | 4,805 | $221K | 0.1% | 2026-Q2 |
| MYECFO, LLC trimmed | 4,731 | $217K | 0.1% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. added | 4,575 | $211K | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. new | 4,555 | $209K | 0.1% | 2026-Q2 |
| Infinity Wealth Counsel, LLC | 4,500 | $207K | 0.1% | 2026-Q2 |
| Facet Wealth, Inc. new | 4,417 | $203K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 4,270 | $196K | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 4,050 | $186K | 0.1% | 2026-Q2 |
| ARVEST INVESTMENTS, INC. added | 3,590 | $165K | 0.1% | 2026-Q2 |
| FMR LLC added | 3,211 | $148K | 0.1% | 2026-Q2 |
| Larson Financial Group LLC added | 3,124 | $144K | 0.1% | 2026-Q2 |
| Continuum Advisory, LLC trimmed | 2,924 | $134K | 0.1% | 2026-Q2 |
| Clearstead Trust, LLC | 2,907 | $134K | 0.1% | 2026-Q2 |
| Crews Bank & Trust | 2,735 | $126K | 0.0% | 2026-Q2 |
| Vanguard National Trust Co | 2,548 | $117K | 0.0% | 2026-Q2 |
| Sage Mountain Advisors LLC | 2,060 | $95K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 1,993 | $92K | 0.0% | 2026-Q2 |
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.