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Institutional Ownership · SEC Form 13F

Who owns Dynex Capital, Inc. (DX)


Which tracked institutional funds hold DX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DX company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

266
Institutional holders
89M
Shares held (tracked funds)
50.7%
Of shares outstanding

How the tape is positioned

62 tracked funds added or opened DX while 47 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

DX’s largest tracked holder by dollar value, BlackRock, Inc., 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 DX more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in DX 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 266 tracked filers holding DX, 184 increased or opened the position and 112 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

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 DX 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 23

  • VANGUARD CAPITAL MANAGEMENT LLC$109M
  • Callodine Capital Management, LP$21M
  • SEGALL BRYANT & HAMILL, LLC$21M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$18M
  • VANGUARD FIDUCIARY TRUST CO$16M
  • WELLINGTON MANAGEMENT GROUP LLP$12M

Full exits 20

  • VANGUARD GROUP INC$102M
  • TWO SIGMA ADVISERS, LP$40M
  • RENAISSANCE TECHNOLOGIES LLC$6M
  • JANE STREET GROUP, LLC$5M
  • Connor, Clark & Lunn Investment Management Ltd.$4M
  • M&T Bank Corp$4M

Largest adds

  • Qube Research & Technologies Ltd$30M
  • BlackRock, Inc.$29M
  • ROYAL BANK OF CANADA$19M
  • STATE STREET CORP$16M
  • GEODE CAPITAL MANAGEMENT, LLC$12M
  • VICTORY CAPITAL MANAGEMENT INC$10M

Largest trims

  • TWO SIGMA INVESTMENTS, LP$23M
  • MetLife Investment Management, LLC$15M
  • CITADEL ADVISORS LLC$6M
  • GOLDMAN SACHS GROUP INC$6M
  • Y-Intercept (Hong Kong) Ltd$5M
  • BARCLAYS PLC$4M

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
BlackRock, Inc. added16,082,079$205M15.8%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new8,513,684$109M8.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added4,741,442$61M4.7%2026-Q1
STATE STREET CORP added4,534,721$59M4.5%2026-Q1
Qube Research & Technologies Ltd added3,708,393$47M3.6%2026-Q1
MILLENNIUM MANAGEMENT LLC added2,754,327$35M2.7%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added2,599,598$33M2.6%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added2,439,648$31M2.4%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added2,060,385$26M2.0%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed1,949,678$25M1.9%2026-Q1
AMERIPRISE FINANCIAL INC added1,945,500$25M1.9%2026-Q1
NORTHERN TRUST CORP added1,783,871$23M1.8%2026-Q1
Callodine Capital Management, LP new1,670,854$21M1.6%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,647,894$21M1.6%2026-Q1
SEGALL BRYANT & HAMILL, LLC new1,539,856$21M1.6%2026-Q1
ROYAL BANK OF CANADA added1,531,103$20M1.5%2026-Q1
VAN ECK ASSOCIATES CORP added1,516,344$19M1.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,399,841$18M1.4%2026-Q1
MORGAN STANLEY added1,316,041$17M1.3%2026-Q1
VANGUARD FIDUCIARY TRUST CO new1,280,498$16M1.3%2026-Q1
Invesco Ltd. trimmed1,205,742$15M1.2%2026-Q1
FMR LLC added1,194,432$15M1.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added1,158,197$15M1.1%2026-Q1
UBS Group AG added1,080,813$14M1.1%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed914,700$12M0.9%2026-Q1
Point72 Asset Management, L.P. added887,046$11M0.9%2026-Q1
BANK OF AMERICA CORP /DE/ added763,452$10M0.8%2026-Q1
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC new699,849$9M0.7%2026-Q1
Bank of New York Mellon Corp added689,040$9M0.7%2026-Q1
Advisors Asset Management, Inc. added546,327$7M0.5%2026-Q1
GOLDMAN SACHS GROUP INC trimmed543,767$7M0.5%2026-Q1
FIRST TRUST ADVISORS LP added531,415$7M0.5%2026-Q1
CITIGROUP INC added473,363$6M0.5%2026-Q1
LPL Financial LLC added452,294$6M0.4%2026-Q1
CITADEL ADVISORS LLC trimmed400,973$5M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC added395,727$5M0.4%2026-Q1
Nuveen, LLC added369,880$5M0.4%2026-Q1
EMG Holdings, L.P. trimmed345,000$4M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added344,257$4M0.3%2026-Q1
AQR CAPITAL MANAGEMENT LLC added342,747$4M0.3%2026-Q1
PEREGRINE CAPITAL MANAGEMENT LLC trimmed316,523$4M0.3%2026-Q1
WATERFALL ASSET MANAGEMENT, LLC added295,000$4M0.3%2026-Q1
Swiss National Bank added290,533$4M0.3%2026-Q1
Y-Intercept (Hong Kong) Ltd trimmed220,389$3M0.2%2026-Q1
DARK FOREST CAPITAL MANAGEMENT LP added219,189$3M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. added197,664$3M0.2%2026-Q1
Summit Financial, LLC added213,964$3M0.2%2026-Q1
Engineers Gate Manager LP added214,536$3M0.2%2026-Q1
RHUMBLINE ADVISERS added214,260$3M0.2%2026-Q1
MARSHALL WACE, LLP trimmed212,468$3M0.2%2026-Q1
Edgestream Partners, L.P. added206,154$3M0.2%2026-Q1
MANNING & NAPIER ADVISORS LLC new200,000$3M0.2%2026-Q1
JPMORGAN CHASE & CO added196,069$2M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added191,183$2M0.2%2026-Q1
SEI INVESTMENTS CO trimmed185,557$2M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added183,943$2M0.2%2026-Q1
GraniteShares Advisors LLC trimmed174,227$2M0.2%2026-Q1
DEUTSCHE BANK AG\ added157,903$2M0.2%2026-Q1
NAVELLIER & ASSOCIATES INC added156,297$2M0.2%2026-Q1
WELLS FARGO & COMPANY/MN trimmed148,767$2M0.1%2026-Q1
Verition Fund Management LLC added144,226$2M0.1%2026-Q1
Graham Capital Management, L.P. trimmed143,131$2M0.1%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD added141,914$2M0.1%2026-Q1
GSA CAPITAL PARTNERS LLP added141,242$2M0.1%2026-Q1
Legal & General Group Plc trimmed125,800$2M0.1%2026-Q1
Bramshill Investments, LLC trimmed119,499$2M0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added116,599$1M0.1%2026-Q1
Lido Advisors, LLC added109,768$1M0.1%2026-Q1
MetLife Investment Management, LLC trimmed108,876$1M0.1%2026-Q1
CenterBook Partners LP added108,491$1M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new105,556$1M0.1%2026-Q1
Squarepoint Ops LLC trimmed105,473$1M0.1%2026-Q1
Brevan Howard Capital Management LP trimmed104,125$1M0.1%2026-Q1
Farther Finance Advisors, LLC added103,566$1M0.1%2026-Q1
MARINER INVESTMENT GROUP LLC added95,000$1M0.1%2026-Q1
Point Nemo Capital, LLC new90,154$1M0.1%2026-Q1
Penserra Capital Management LLC added87,192$1M0.1%2026-Q1
Cetera Investment Advisers added85,519$1M0.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added84,893$1M0.1%2026-Q1
VANGUARD GROUP INC trimmed7,296,349$102M7.9%2025-Q4 stale
TWO SIGMA ADVISERS, LP added2,884,753$40M3.1%2025-Q4 stale
ALGEBRIS (UK) LTD added1,669,288$20M1.6%2025-Q3 stale
RENAISSANCE TECHNOLOGIES LLC trimmed423,600$6M0.5%2025-Q4 stale
HRT FINANCIAL LP added424,923$6M0.4%2025-Q1 stale
JANE STREET GROUP, LLC added322,093$5M0.3%2025-Q4 stale
Connor, Clark & Lunn Investment Management Ltd. added294,601$4M0.3%2025-Q4 stale
M&T Bank Corp new52,926$4M0.3%2025-Q4 stale
ALGERT GLOBAL LLC added247,210$3M0.3%2025-Q4 stale
Schonfeld Strategic Advisors LLC added240,171$3M0.3%2025-Q4 stale
D. E. Shaw & Co., Inc. added246,546$3M0.2%2025-Q1 stale
FRANKLIN RESOURCES INC added248,661$3M0.2%2025-Q3 stale
Cubist Systematic Strategies, LLC trimmed249,150$3M0.2%2025-Q2 stale
Jain Global LLC added136,894$2M0.1%2025-Q4 stale
CAXTON ASSOCIATES LLP102,018$1M0.1%2025-Q4 stale
AlphaQuest LLC trimmed98,924$1M0.1%2025-Q4 stale
Entropy Technologies, LP added98,004$1M0.1%2025-Q4 stale
Magnetar Financial LLC new102,549$1M0.1%2025-Q1 stale
FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. new92,413$1M0.1%2025-Q4 stale
Freestone Grove Partners LP trimmed89,005$1M0.1%2025-Q4 stale
FOX RUN MANAGEMENT, L.L.C. added93,635$1M0.1%2025-Q1 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