% of shares outstanding not shown: this line files 20-F annual reports only — a foreign private issuer whose US listing trades as ADSs (depositary receipts), while its cover-page share count is in ORDINARY shares. The depositary ratio is not in our data. The count we hold for this line is 15,885,239 shares (as of 2026-03-31, source company_meta:dei-cover). Dividing one by the other is wrong by the whole ratio (a 5:1 ADR reads one fifth of the true percentage), so the percentage is withheld rather than served wrong. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for DSWL in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Royal Palms Capital LLC | 642,017642,017 | $2M | — | ADD 39% |
| 2 | MORGAN STANLEY | 201,580201,580 | $602,725 | — | TRIM -4% |
| 3 | Garde Capital, Inc. | 83,04883,048 | $248,314 | — | — |
| 4 | RBF Capital, LLC | 25,00325,003 | $74,759 | — | TRIM -50% |
| 5 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 20,36620,366 | $60,894 | — | ADD 67% |
| 6 | ACADIAN ASSET MANAGEMENT LLC | 3,6903,690 | $11,000 | — | — |
| 7 | BNP PARIBAS FINANCIAL MARKETS | 3,1993,199 | $9,565 | — | TRIM -6% |
| 8 | UBS Group AG | 632632 | $1,890 | — | TRIM -4% |
| 9 | OSAIC HOLDINGS, INC. | 200200 | $598 | — | — |
| 10 | Russell Investments Group, Ltd. | 6464 | $191 | — | — |
| 11 | SBI Securities Co., Ltd. | 2828 | $84 | — | — |
| 12 | CITIGROUP INC | 11 | $3 | — | — |
| 13 | WELLS FARGO & COMPANY/MN | 00 | $1 | — | EXIT |
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 |
|---|---|---|---|---|---|---|---|
| Royal Palms Capital LLC | — | — | — | — | 461K | 642K | $2M |
| MORGAN STANLEY | 214K | 217K | 227K | 220K | 210K | 202K | $602,725 |
| Garde Capital, Inc. | 83K | 83K | 83K | 83K | 83K | 83K | $248,314 |
| RBF Capital, LLC | 30K | 30K | 30K | 30K | 50K | 25K | $74,759 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | — | 14K | — | 12K | 20K | $60,894 |
| ACADIAN ASSET MANAGEMENT LLC | 4K | 4K | 4K | 4K | 4K | 4K | $11,000 |
| BNP PARIBAS FINANCIAL MARKETS | 2K | 2K | 3K | 3K | 3K | 3K | $9,565 |
| UBS Group AG | 5K | 13K | 22K | 15K | 658 | 632 | $1,890 |
| OSAIC HOLDINGS, INC. | 2K | 2K | 200 | 200 | 200 | 200 | $598 |
| Russell Investments Group, Ltd. | — | — | — | 64 | 64 | 64 | $191 |
| SBI Securities Co., Ltd. | 1K | 1K | 155 | 32 | 28 | 28 | $84 |
| CITIGROUP INC | — | — | — | 224 | 1 | 1 | $3 |
| WELLS FARGO & COMPANY/MN | 1 | 0 | 0 | 1 | 0 | 0 | $1 |
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 | |
|---|---|---|---|
| Royal Palms Capital LLC | +181,124 | $541,561 | ADD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +8,169 | $24,425 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| RBF Capital, LLC | −25,003 | $74,759 | TRIM |
| MORGAN STANLEY | −7,954 | $23,782 | TRIM |
| BNP PARIBAS FINANCIAL MARKETS | −200 | $598 | TRIM |
| UBS Group AG | −26 | $78 | 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 | 13 | 979,828 | — | $3M |
| 2025-Q4 | 13 | 823,718 | — | $3M |
| 2025-Q3 | 12 | 369,730 | — | $1M |
| 2025-Q2 | 12 | 400,715 | — | $1M |
| 2025-Q1 | 12 | 378,122 | — | $889,629 |
| 2024-Q4 | 11 | 356,294 | — | $848,300 |
| 2024-Q3 | 10 | 349,719 | — | $866,685 |
| 2024-Q2 | 10 | 368,010 | — | $911,886 |
| 2024-Q1 | 9 | 843,834 | — | $2M |
| 2023-Q4 | 11 | 638,827 | — | $2M |
| 2023-Q3 | 12 | 404,271 | — | $956,383 |
| 2023-Q2 | 9 | 399,786 | — | $1M |
| 2023-Q1 | 13 | 406,460 | — | $1M |
| 2022-Q4 | 12 | 401,743 | — | $1M |
| 2022-Q3 | 9 | 397,869 | — | $1M |
| 2022-Q2 | 9 | 409,075 | — | $1M |
| 2022-Q1 | 9 | 424,780 | — | $2M |
| 2021-Q4 | 9 | 434,576 | — | $2M |
| 2021-Q3 | 9 | 459,889 | — | $2M |
| 2021-Q2 | 10 | 495,062 | — | $2M |
| 2021-Q1 | 7 | 468,345 | — | $2M |
| 2020-Q4 | 11 | 489,451 | — | $1M |
| 2020-Q3 | 9 | 395,995 | — | $1M |
| 2020-Q2 | 9 | 453,399 | — | $1M |
| 2020-Q1 | 8 | 454,494 | — | $1M |
| 2019-Q4 | 9 | 636,344 | — | $2M |
| 2019-Q3 | 11 | 687,246 | — | $2M |
| 2019-Q2 | 9 | 663,160 | — | $2M |
| 2019-Q1 | 11 | 664,304 | — | $2M |
| 2018-Q4 | 12 | 713,235 | — | $2M |
| 2018-Q3 | 10 | 803,114 | — | $3M |
| 2018-Q2 | 10 | 825,865 | — | $3M |
| 2018-Q1 | 13 | 780,816 | — | $2M |
| 2017-Q4 | 12 | 735,102 | — | $2M |
| 2017-Q3 | 10 | 549,735 | — | $1M |
| 2017-Q2 | 9 | 495,326 | — | $1M |
| 2017-Q1 | 7 | 571,449 | — | $1M |
| 2016-Q4 | 7 | 550,239 | — | $977,000 |
| 2016-Q3 | 8 | 422,160 | — | $742,000 |
| 2016-Q2 | 10 | 1,097,494 | — | $2M |
| 2016-Q1 | 12 | 1,097,529 | — | $2M |
| 2015-Q4 | 14 | 1,662,687 | — | $2M |
| 2015-Q3 | 12 | 1,578,280 | — | $2M |
| 2015-Q2 | 10 | 1,589,716 | — | $3M |
| 2015-Q1 | 14 | 1,751,184 | — | $3M |
| 2014-Q4 | 13 | 1,881,311 | — | $3M |
| 2014-Q3 | 13 | 1,695,012 | — | $4M |
| 2014-Q2 | 13 | 1,695,212 | — | $3M |
| 2014-Q1 | 16 | 1,860,689 | — | $4M |
| 2013-Q4 | 16 | 1,830,688 | — | $4M |
| 2013-Q3 | 13 | 1,681,298 | — | $4M |
| 2013-Q2 | 13 | 1,790,478 | — | $4M |
| 2013-Q1 | 1 | 393,390 | — | $995,000 |
