% of shares outstanding is not shown for DBE: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for DBE in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | 51K | 54K | 56K | 57K | 53K | 230K | $7M |
| Advisory Services Network, LLC | — | 167K | 177K | 3K | — | 133K | $4M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 11K | 27K | 95K | 63K | 97K | 127K | $4M |
| Cetera Investment Advisers | 18K | 23K | 29K | 75K | 77K | 80K | $2M |
| AMERIPRISE FINANCIAL INC | 70K | 68K | 84K | 35K | 12K | 71K | $2M |
| M Holdings Securities, Inc. | — | — | 54K | 54K | 57K | 57K | $2M |
| ENVESTNET ASSET MANAGEMENT INC | 54K | 53K | 52K | 51K | 51K | 51K | $2M |
| Equitable Holdings, Inc. | 52K | 58K | 69K | 75K | 88K | 69K | $1M |
| Leo Wealth, LLC | 33K | 54K | 55K | 53K | 30K | 31K | $920,860 |
| Steward Partners Investment Advisory, LLC | — | — | — | 37K | 43K | 30K | $891,436 |
| LPL Financial LLC | 82K | 94K | 57K | 40K | 40K | 24K | $704,211 |
| STIFEL FINANCIAL CORP | — | 24K | 25K | 25K | 21K | 21K | $633,472 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | — | 26K | 92K | 40K | 17K | $510,774 |
| PARTNERS WEALTH MANAGEMENT, LLC | 19K | 20K | 20K | 20K | 20K | 17K | $498,780 |
| American State Bank (Iowa) | 16K | 16K | 16K | 16K | 14K | 14K | $424,368 |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | +177,032 | $5M | ADD |
| Advisory Services Network, LLC | +132,853 | $4M | OPEN |
| AMERIPRISE FINANCIAL INC | +59,129 | $2M | ADD |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | +29,575 | $871,575 | ADD |
| Bright Futures Wealth Management, LLC. | +8,016 | $236,232 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| WELLS FARGO & COMPANY/MN | −28,370 | $836,064 | TRIM |
| JANE STREET GROUP, LLC | −24,555 | $723,636 | CLOSE |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −22,919 | $675,423 | TRIM |
| Equitable Holdings, Inc. | −19,000 | $559,930 | TRIM |
| LPL Financial LLC | −15,736 | $463,740 | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 33 | 1,027,354 | — | $29M |
| 2025-Q4 | 32 | 754,734 | — | $13M |
| 2025-Q3 | 38 | 935,060 | — | $18M |
| 2025-Q2 | 32 | 1,095,514 | — | $21M |
| 2025-Q1 | 34 | 885,930 | — | $17M |
| 2024-Q4 | 34 | 732,274 | — | $14M |
| 2024-Q3 | 37 | 867,232 | — | $16M |
| 2024-Q2 | 42 | 1,628,106 | — | $34M |
| 2024-Q1 | 43 | 2,472,998 | — | $51M |
| 2023-Q4 | 47 | 2,077,427 | — | $40M |
| 2023-Q3 | 41 | 1,983,424 | — | $46M |
| 2023-Q2 | 42 | 1,909,208 | — | $38M |
| 2023-Q1 | 43 | 2,431,581 | — | $50M |
| 2022-Q4 | 59 | 4,139,004 | — | $94M |
| 2022-Q3 | 67 | 5,186,691 | — | $117M |
| 2022-Q2 | 73 | 6,074,792 | — | $159M |
| 2022-Q1 | 61 | 5,297,955 | — | $122M |
| 2021-Q4 | 42 | 3,425,428 | — | $59M |
| 2021-Q3 | 44 | 3,582,439 | — | $61M |
| 2021-Q2 | 39 | 3,847,858 | — | $60M |
| 2021-Q1 | 33 | 3,154,539 | — | $41M |
| 2020-Q4 | 22 | 2,893,772 | — | $31M |
| 2020-Q3 | 24 | 2,458,954 | — | $23M |
| 2020-Q2 | 22 | 2,485,219 | — | $23M |
| 2020-Q1 | 21 | 2,093,605 | — | $18M |
| 2019-Q4 | 25 | 2,017,288 | — | $29M |
| 2019-Q3 | 24 | 2,019,150 | — | $27M |
| 2019-Q2 | 30 | 3,231,301 | — | $46M |
| 2019-Q1 | 33 | 3,701,532 | — | $54M |
| 2018-Q4 | 40 | 4,162,693 | — | $52M |
| 2018-Q3 | 50 | 8,179,519 | — | $148M |
| 2018-Q2 | 49 | 9,523,605 | — | $163M |
