Who owns Walker & Dunlop, Inc. (WD)
Which tracked institutional funds hold WD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WD 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
41 tracked funds added or opened WD while 105 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
WD’s largest tracked holder by dollar value, VANGUARD GROUP 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 WD more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in WD 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 253 tracked filers holding WD, 135 increased or opened the position and 147 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 WD 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 17
- VANGUARD PORTFOLIO MANAGEMENT LLC$91M
- VANGUARD CAPITAL MANAGEMENT LLC$66M
- NORGES BANK$35M
- VANGUARD FIDUCIARY TRUST CO$10M
- GRATIA CAPITAL, LLC$5M
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC$5M
Full exits 29
- VANGUARD GROUP INC$207M
- THORNBURG INVESTMENT MANAGEMENT INC$10M
- Tributary Capital Management, LLC$9M
- Karl Kapital LLC$7M
- Nixon Capital, LLC$7M
- TWO SIGMA ADVISERS, LP$5M
Largest adds
- T. Rowe Price Investment Management, Inc.$25M
- AMERIPRISE FINANCIAL INC$16M
- ALLIANCEBERNSTEIN L.P.$8M
- AQR CAPITAL MANAGEMENT LLC$7M
- Alyeska Investment Group, L.P.$6M
- BANK OF AMERICA CORP /DE/$5M
Largest trims
- BlackRock, Inc.$146M
- STATE STREET CORP$21M
- JANUS HENDERSON GROUP PLC$21M
- DEPRINCE RACE & ZOLLO INC$19M
- GOLDMAN SACHS GROUP INC$17M
- MILLENNIUM MANAGEMENT LLC$16M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 3,571,654 | $159M | 10.1% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,039,897 | $91M | 5.8% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,357,011 | $82M | 5.2% | 2026-Q1 |
| STATE STREET CORP added | 1,546,944 | $69M | 4.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,477,315 | $66M | 4.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,369,114 | $61M | 3.9% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 1,181,484 | $52M | 3.3% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 1,131,767 | $50M | 3.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 824,653 | $37M | 2.3% | 2026-Q1 |
| NORGES BANK trimmed | 413,802 | $35M | 2.3% | 2026-Q1 |
| DEPRINCE RACE & ZOLLO INC trimmed | 728,463 | $32M | 2.1% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 620,918 | $28M | 1.8% | 2026-Q1 |
| Conversant Capital LLC added | 560,316 | $25M | 1.6% | 2026-Q1 |
| Alyeska Investment Group, L.P. added | 535,451 | $24M | 1.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 479,411 | $21M | 1.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 477,737 | $21M | 1.4% | 2026-Q1 |
| MORGAN STANLEY trimmed | 431,640 | $19M | 1.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 428,741 | $19M | 1.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 360,530 | $16M | 1.0% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 313,482 | $14M | 0.9% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 274,723 | $12M | 0.8% | 2026-Q1 |
| Erste Asset Management GmbH added | 250,162 | $11M | 0.7% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 241,320 | $11M | 0.7% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 235,477 | $10M | 0.7% | 2026-Q1 |
| FMR LLC trimmed | 228,500 | $10M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 218,555 | $10M | 0.6% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 205,345 | $9M | 0.6% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 195,106 | $9M | 0.6% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 192,600 | $9M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 186,818 | $8M | 0.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 165,523 | $7M | 0.5% | 2026-Q1 |
| NFJ INVESTMENT GROUP, LLC added | 152,987 | $7M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 147,416 | $7M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 143,244 | $6M | 0.4% | 2026-Q1 |
| Kathmere Capital Management, LLC trimmed | 138,401 | $6M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 135,363 | $6M | 0.4% | 2026-Q1 |
| CRAWFORD INVESTMENT COUNSEL INC added | 133,688 | $6M | 0.4% | 2026-Q1 |
| RPg Family Wealth Advisory, LLC added | 127,992 | $6M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 127,726 | $6M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 122,040 | $5M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board added | 121,866 | $5M | 0.3% | 2026-Q1 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY added | 121,602 | $5M | 0.3% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 116,217 | $5M | 0.3% | 2026-Q1 |
| Verdence Capital Advisors LLC added | 113,257 | $5M | 0.3% | 2026-Q1 |
| GRATIA CAPITAL, LLC new | 113,000 | $5M | 0.3% | 2026-Q1 |
| Nuveen, LLC trimmed | 110,849 | $5M | 0.3% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC new | 109,310 | $5M | 0.3% | 2026-Q1 |
| Trexquant Investment LP added | 102,721 | $5M | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 100,758 | $4M | 0.3% | 2026-Q1 |
| Man Group plc added | 99,093 | $4M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 96,823 | $4M | 0.3% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 86,293 | $4M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 78,823 | $3M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 73,055 | $3M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 72,429 | $3M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC added | 72,175 | $3M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 70,937 | $3M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 70,149 | $3M | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 69,392 | $3M | 0.2% | 2026-Q1 |
| Swiss National Bank | 67,200 | $3M | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 67,065 | $3M | 0.2% | 2026-Q1 |
| New Age Alpha Advisors, LLC trimmed | 66,302 | $3M | 0.2% | 2026-Q1 |
| 1832 Asset Management L.P. added | 64,613 | $3M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 57,922 | $3M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 56,591 | $3M | 0.2% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 47,571 | $2M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 41,500 | $2M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 41,105 | $2M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 39,338 | $2M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 38,624 | $2M | 0.1% | 2026-Q1 |
| SHUFRO ROSE & CO LLC trimmed | 36,347 | $2M | 0.1% | 2026-Q1 |
| Freestone Grove Partners LP added | 35,860 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 3,447,079 | $207M | 13.2% | 2025-Q4 stale |
| Sequoia Financial Advisors, LLC added | 261,927 | $22M | 1.4% | 2025-Q3 stale |
| M.D. Sass, LLC trimmed | 253,435 | $22M | 1.4% | 2025-Q1 stale |
| LOOMIS SAYLES & CO L P trimmed | 175,144 | $15M | 1.0% | 2025-Q1 stale |
| Granite Investment Partners, LLC trimmed | 135,080 | $12M | 0.7% | 2025-Q1 stale |
| THORNBURG INVESTMENT MANAGEMENT INC added | 160,103 | $10M | 0.6% | 2025-Q4 stale |
| Ceredex Value Advisors LLC added | 110,750 | $9M | 0.6% | 2025-Q1 stale |
| Tributary Capital Management, LLC trimmed | 148,534 | $9M | 0.6% | 2025-Q4 stale |
| Karl Kapital LLC new | 116,617 | $7M | 0.4% | 2025-Q4 stale |
| Nixon Capital, LLC added | 114,420 | $7M | 0.4% | 2025-Q4 stale |
| ArrowMark Colorado Holdings LLC | 92,642 | $7M | 0.4% | 2025-Q2 stale |
| FJ Capital Management LLC added | 62,168 | $5M | 0.3% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP trimmed | 82,500 | $5M | 0.3% | 2025-Q4 stale |
| HEARTLAND ADVISORS INC added | 75,000 | $5M | 0.3% | 2025-Q4 stale |
| HGI Capital Management, LLC added | 49,817 | $4M | 0.3% | 2025-Q1 stale |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 59,818 | $4M | 0.2% | 2025-Q4 stale |
| DARK FOREST CAPITAL MANAGEMENT LP trimmed | 40,469 | $3M | 0.2% | 2025-Q3 stale |
| Allspring Global Investments Holdings, LLC trimmed | 36,218 | $3M | 0.2% | 2025-Q1 stale |
| Moody Aldrich Partners LLC trimmed | 48,750 | $3M | 0.2% | 2025-Q4 stale |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 40,740 | $3M | 0.2% | 2025-Q2 stale |
| California Public Employees Retirement System trimmed | 35,481 | $3M | 0.2% | 2025-Q2 stale |
| State of New Jersey Common Pension Fund D trimmed | 25,864 | $2M | 0.1% | 2025-Q3 stale |
| Lighthouse Investment Partners, LLC trimmed | 33,162 | $2M | 0.1% | 2025-Q4 stale |
| BSW Wealth Partners | 28,077 | $2M | 0.1% | 2025-Q2 stale |
| Capitolis Liquid Global Markets LLC | 31,700 | $2M | 0.1% | 2025-Q4 stale |
| FIRST SABREPOINT CAPITAL MANAGEMENT LP trimmed | 30,000 | $2M | 0.1% | 2025-Q4 stale |
| TWINBEECH CAPITAL LP added | 28,328 | $2M | 0.1% | 2025-Q4 stale |
| Engineers Gate Manager LP added | 28,195 | $2M | 0.1% | 2025-Q4 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.