% of shares outstanding is not shown for DFAE: 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 DFAE 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 |
|---|---|---|---|---|---|---|---|
| Retirement Systems of Alabama | 12.7M | 12.7M | 12.7M | 12.7M | 12.7M | 12.7M | $429M |
| MATHER GROUP, LLC. | 8.9M | 10.6M | 12.1M | 12.2M | 12.2M | 12.1M | $409M |
| FMR LLC | 12.8M | 10.6M | 9.5M | 9.4M | 9.3M | 9.8M | $333M |
| BANK OF AMERICA CORP /DE/ | 4.6M | 4.7M | 5.1M | 5.8M | 6.1M | 6.8M | $230M |
| UBS Group AG | 5.3M | 6.1M | 6.1M | 6.4M | 6.4M | 6.8M | $229M |
| COLDSTREAM CAPITAL MANAGEMENT INC | — | — | 2.6M | 4.5M | 4.3M | 4.3M | $146M |
| Mariner, LLC | 3.4M | 3.8M | 3.8M | 4.0M | 4.1M | 4.3M | $144M |
| Foster Group, Inc. | 3.6M | 3.6M | 3.6M | 4.0M | 3.9M | 3.8M | $129M |
| Root Financial Partners, LLC | 1.8M | 2.1M | 2.0M | 2.7M | 3.0M | 3.2M | $109M |
| FACTORY MUTUAL INSURANCE CO | 3.1M | 3.1M | 3.1M | 3.1M | 3.1M | 3.1M | $105M |
| Horizon Investments, LLC | 690K | 676K | 698K | 753K | 1.3M | 2.8M | $94M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 1.3M | 1.5M | 1.9M | 1.9M | 2.5M | 2.7M | $91M |
| Washington Trust Bank | — | — | — | 2.4M | 2.5M | 2.6M | $88M |
| Vise Technologies, Inc. | — | — | — | 679K | 2.7M | 2.7M | $87M |
| Wealthspire Advisors, LLC | 2.5M | 2.6M | 2.6M | 2.6M | 2.6M | 2.4M | $82M |
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 | |
|---|---|---|---|
| Annex Advisory Services, LLC | +2,099,668 | $71M | OPEN |
| McKinley Carter Wealth Services, Inc. | +1,655,721 | $56M | ADD |
| Horizon Investments, LLC | +1,437,005 | $49M | ADD |
| Klaas Financial Asset Advisors, LLC | +1,067,533 | $36M | ADD |
| BANK OF AMERICA CORP /DE/ | +671,311 | $23M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Corient Private Wealth LLC | −1,720,235 | $58M | TRIM |
| Falcon Wealth Planning | −1,356,093 | $46M | TRIM |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | −493,312 | $17M | TRIM |
| Orion Porfolio Solutions, LLC | −483,971 | $16M | TRIM |
| Austin Wealth Management, LLC | −247,473 | $8M | 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 | 663 | 208,548,391 | — | $7.1B |
| 2025-Q4 | 641 | 197,487,961 | — | $6.4B |
| 2025-Q3 | 581 | 183,382,467 | — | $5.8B |
| 2025-Q2 | 554 | 174,061,587 | — | $5.0B |
| 2025-Q1 | 526 | 164,959,544 | — | $4.3B |
| 2024-Q4 | 512 | 173,864,818 | — | $4.4B |
| 2024-Q3 | 449 | 145,656,985 | — | $4.0B |
| 2024-Q2 | 433 | 131,317,875 | — | $3.4B |
| 2024-Q1 | 411 | 122,830,321 | — | $3.0B |
| 2023-Q4 | 413 | 115,449,633 | — | $2.8B |
| 2023-Q3 | 359 | 105,959,983 | — | $2.4B |
| 2023-Q2 | 344 | 82,540,312 | — | $1.9B |
| 2023-Q1 | 336 | 83,182,491 | — | $1.9B |
| 2022-Q4 | 307 | 69,924,673 | — | $1.5B |
| 2022-Q3 | 231 | 51,821,497 | — | $1.0B |
| 2022-Q2 | 218 | 36,258,455 | — | $839M |
| 2022-Q1 | 179 | 16,487,097 | — | $431M |
| 2021-Q4 | 152 | 10,026,623 | — | $274M |
| 2021-Q3 | 90 | 3,834,497 | — | $104M |
| 2021-Q2 | 78 | 2,893,766 | — | $85M |
| 2021-Q1 | 55 | 1,863,014 | — | $52M |
| 2020-Q4 | 19 | 1,556,636 | — | $42M |
