DFAC · Dimensional U.S. Core Equity 2 ETF · Holdings ETF

$45.35 +0.23 (+0.51%) At close · Oct 21

Volume · Oct 21 1.85M Avg daily vol (3M) 1.98M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 308

Total Value: $8,178,526,128

Total Shares: 183,993,842

Showing 1–100 of 308 holdings by value · page 1 of 4

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 308 13F filers · Δ vs Jun 30, 2026

Top Holder

23.3%

+14.8 pts

Top 5

39.9%

+17.4 pts

Top 10

48.4%

+18.0 pts

HHI

698

Broadly held+533

Who Holds DFAC

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 1,223 filers, like-for-like change +2.9%; actively managed books +2.9%; index-like books +10.5%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	78.5%	887	+2.5%	52	20
Exempt adviser	0.0%	1	+52.6%	0	0
Adviser	0.0%	5	-22.2%	1	0
Bank	2.0%	27	+4.3%	1	0
Broker-dealer	2.1%	1	+5.9%	0	0
Benefit plan	0.0%	2	-1.7%	0	0
Holding company	0.8%	6	+47.6%	0	0
Insurer	0.0%	0	—	0	0
Unknown	16.5%	294	+2.9%	16	7

Style	Share	Filers	Change	New	Exited
Index-like	0.3%	9	+10.5%	1	0
Systematic-like	0.2%	7	+1007.7%	4	0
Concentrated	62.7%	700	+1.3%	32	11
Diversified active	36.7%	504	+5.3%	33	15
Unknown	0.2%	2	-2.3%	0	1
Not measured	0.0%	1	+16.4%	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	88.4%	899	+2.7%	40	19
Medium turnover	4.9%	149	+4.5%	14	5
High turnover	0.3%	15	+609.5%	7	2
Unknown	6.4%	159	+1.5%	9	1
Not measured	0.0%	1	+16.4%	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	4.3%	149	+3.9%	8	1
Medium horizon	19.3%	328	+2.9%	22	11
Long horizon	74.7%	712	+2.4%	35	14
Unknown	1.7%	33	+33.0%	5	1
Not measured	0.0%	1	+16.4%	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	34.3%	750	+2.4%	42	16
$1B to $10B	30.9%	352	+1.2%	21	10
$10B to $100B	27.4%	85	+3.8%	2	1
$100B or more	7.3%	35	+10.0%	5	0
Not measured	0.0%	1	+16.4%	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	74.9%	827	+2.2%	47	19
Pooled investment vehicles	0.1%	5	+478.6%	3	0
Registered funds and BDCs	0.4%	5	-1.0%	0	0
Pension and profit sharing plans	1.0%	12	+2.0%	1	0
Insurance companies	0.0%	1	0.0%	0	0
Charitable organizations	0.1%	1	+10.0%	0	0
Governments and sovereign funds	0.1%	1	-1.0%	0	0
Banks and thrifts	0.0%	2	0.0%	0	0
Corporations	0.0%	4	+0.1%	0	0
Other investment advisers	0.8%	8	+1.1%	0	0
Other	0.0%	1	+883.4%	0	0
Diversified	1.0%	18	+13.2%	1	1
Unknown	21.5%	338	+4.5%	18	7

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.9%	26	+41.9%	2	1
Private equity funds	1.4%	28	-2.2%	2	0
Venture capital funds	0.8%	4	+5.9%	0	0
Real estate funds	0.3%	17	+6.3%	2	0
Securitized asset funds	0.3%	2	+2.9%	0	0
Other private funds	8.1%	31	-0.7%	3	0
Mixed private funds	0.0%	4	+17.0%	1	1
Private funds, type not stated	0.0%	6	+7.1%	0	0
No private funds	66.6%	769	+2.6%	42	18
Unknown	21.5%	336	+4.4%	18	7

Location	Share	Filers	Change	New	Exited
United States	98.9%	1,211	+2.9%	68	27
Outside the US	1.1%	12	+5.3%	2	0

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 19 holders with no observed 2026-03-31 13F and 19 holders with no observed 2026-06-30 13F.

Conviction and Crowding

1,222 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

660

54.0% of filers hold it in their top 10

Mar 31, 2026: 647

Holders above 5%

231

median weight 0.252%

Mar 31, 2026: 236

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

30.4%

of 13F shares, Herfindahl 0.017

Active holders

+2.9%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 16.1 quarters

Under 1 year 4.86% 1 to 3 years 21.7% 3 years or more 73.4% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$31.49

estimated per share

Mar 31, 2026: $30.52

Quarter-end price

$44.35

implied by 13F values

Estimated gain or loss

+40.8%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

Estimated cost covers 17.5% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of DFAC by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	0	0
Active ETFs	16,175,307	1
Active funds	0	0
Unclassified	0	0
All registered funds	16,175,307	1

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

120

Decreased

104

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -917

Institutional value: -78.7%

Shares held: -78.7%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Mid Apella Capital, LLC	+1,064,750	17,175,406
Mid AWM CAPITAL, LLC	+604,839	5,786,464
Large Farther Finance Advisors, LLC	+536,494	2,068,899
Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	+463,209	3,634,909
Mid Forum Financial Management, LP	+246,701	42,841,242

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Large ASSETMARK, INC	−2,642,644	2,990,875
Small XY Planning Network, Inc.	−226,624	749,295
Mid SAX WEALTH ADVISORS, LLC	−188,985	1,960,200
Small Wolfstich Capital, LLC	−157,126	542,460
Mid AXXCESS WEALTH MANAGEMENT, LLC	−141,922	130,984

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid Fifth Third Securities, Inc.	90,798	$4,035,971
Small SWEENEY & MICHEL, LLC	41,741	$1,855,387
Small GRANITE ISLANDS PRIVATE WEALTH, LLC	41,398	$1,840,141
Small Tactive Advisors, LLC	10,924	$485,571
Mid NorthCrest Asset Manangement, LLC	8,109	$360,445

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Mid C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors	2,739,886	$121,541,342
Small Monument Group Wealth Advisors, LLC	2,159,082	$95,776,877
Small Porter White Investment Advisors, Inc.	2,100,973	$93,199,162
Mid Wealthcare Advisory Partners LLC	925,525	$41,056,289
Small FIDUCIARY FINANCIAL GROUP, LLC	896,427	$39,765,501

Filter: New 10 Increased 120 Reduced 104 Sold out 51 Unchanged 72

Holder type: Registered adviser 221 Adviser 1 Bank 2 Benefit plan 1 Unknown 83

Showing 100 of 308

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Forum Financial Management, LP DFAC

$1,904,293,206

23.28%

42,841,242

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Henry Bragg & Co., LLC	1,691,660	$75,194,287	3.9%	Other
PR Wealth Management Group	755,288	$33,572,551	1.8%	Other
Held directly	40,394,294	$1,795,526,368	94.3%	Sole

Apella Capital, LLC DFAC

$763,446,796

9.33%

17,175,406

AWM CAPITAL, LLC DFAC

$257,208,324

3.14%

5,786,464

McGlone Suttner Wealth Management, Inc. DFAC

$170,643,149

2.09%

3,838,991

Onyx Financial Advisors, LLC DFAC

$166,600,689

2.04%

3,748,047

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC DFAC

$161,571,705

1.98%

3,634,909

BCU Wealth Advisors, LLC DFAC

$141,999,258

1.74%

3,194,584

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Baxter Credit Union	3,194,584	$141,999,258	100.0%	Defined

ASSETMARK, INC DFAC

$132,944,393

1.63%

2,990,875

Conrad Siegel Investment Advisors, Inc. DFAC

$131,170,972

1.60%

2,950,978

BetterWealth, LLC DFAC

$126,467,895

1.55%

2,845,172

Discipline Wealth Solutions, LLC DFAC

$120,860,839

1.48%

2,719,029

RAM Investment Partners, LLC DFAC

$118,730,039

1.45%

2,671,092

ARK & TLK INVESTMENTS, LLC DFAC

$115,639,119

1.41%

2,601,555

Parkshore Wealth Management, Inc. DFAC

$114,988,949

1.41%

2,586,928

Warwick Investment Management, Inc. DFAC

$113,206,904

1.38%

2,546,837

Sensible Money, LLC DFAC

$104,197,200

1.27%

2,344,144

SC&H Financial Advisors, Inc. DFAC

$100,573,947

1.23%

2,262,631

Verisail Partners, LLC DFAC

$96,462,545

1.18%

2,170,136

ShankerValleau Wealth Advisors, Inc. DFAC

$96,147,350

1.18%

2,163,045

Farther Finance Advisors, LLC DFAC

$91,962,560

1.12%

2,068,899

SAX WEALTH ADVISORS, LLC DFAC

$87,130,890

1.07%

1,960,200

CAPSTONE CAPITAL LLC DFAC

$84,369,700

1.03%

1,898,081

Financial Symmetry Inc DFAC

$83,805,985

1.02%

1,885,399

Shearwater Capital LLC DFAC

$74,410,677

0.91%

1,674,031

CLIFTONLARSONALLEN WEALTH ADVISORS, LLC DFAC

$72,399,671

0.89%

1,628,789

Ballentine Capital Advisors, Inc DFAC

$69,065,698

0.84%

1,553,784

True Wealth Design, LLC DFAC

$65,347,011

0.80%

1,470,124

Trust Co of the South DFAC

$63,183,274

0.77%

1,421,446

Forvis Mazars Wealth Advisors, LLC DFAC

$60,737,235

0.74%

1,366,417

RS CRUM INC. DFAC

$57,378,238

0.70%

1,290,849

BANNERMAN WEALTH MANAGEMENT GROUP, LLC DFAC

$56,485,904

0.69%

1,270,774

Vestment Financial LLC DFAC

$53,901,492

0.66%

1,212,632

Vannoy Advisory Group, Inc. DFAC

$53,545,003

0.65%

1,204,612

Lauterbach Financial Advisors, LLC DFAC

$53,372,804

0.65%

1,200,738

Momentous Wealth Management, Inc. DFAC

$51,602,093

0.63%

1,160,902

Abel Hall, LLC DFAC

$51,121,767

0.63%

1,150,096

CLIENT 1ST ADVISORY GROUP, LLC DFAC

$50,893,472

0.62%

1,144,960

CHERRYDALE WEALTH MANAGEMENT, LLC DFAC

$48,472,991

0.59%

1,090,506

Cardinal Point Capital Management ULC DFAC

$47,565,456

0.58%

1,070,089

Versant Capital Management, Inc DFAC

$43,439,073

0.53%

977,257

Trellis Wealth Advisors LLC DFAC

$43,128,190

0.53%

970,263

MISSION WEALTH MANAGEMENT, LP DFAC

$41,754,018

0.51%

939,348

Watchman Group, Inc. DFAC

$41,389,128

0.51%

931,139

DiNuzzo Private Wealth, Inc. DFAC

$40,436,342

0.49%

909,704

BCO Wealth Management LLC DFAC

$40,037,759

0.49%

900,737

Private Wealth Management Group, LLC DFAC

$40,008,644

0.49%

900,082

Pacific Asset Management, LLC DFAC

$38,130,899

0.47%

857,838

Outbound Financial Inc DFAC

$37,026,716

0.45%

832,997

RCS Financial Planning, LLC DFAC

$36,489,627

0.45%

820,914

BEACON HILL WEALTH MANAGEMENT LTD. DFAC

$36,173,232

0.44%

813,796

JP Wealth Management, Inc. DFAC

$36,111,091

0.44%

812,398

LifeGuide Financial Advisors, LLC DFAC

$35,902,265

0.44%

807,700

Beacon Financial Strategies CORP DFAC

$35,093,186

0.43%

789,498

Aspen Wealth Management LLC DFAC

$34,946,012

0.43%

786,187

Cambridge Financial Group, LLC DFAC

$34,903,784

0.43%

785,237

Financial Harvest, LLC DFAC

$34,351,360

0.42%

772,809

marrick wealth, LLC DFAC

$34,267,527

0.42%

770,923

Robertson Stephens Wealth Management, LLC DFAC

$33,311,896

0.41%

749,424

XY Planning Network, Inc. DFAC

$33,306,162

0.41%

749,295

SageOak Financial, LLC DFAC

$33,061,065

0.40%

743,781

Peirce Capital Management, LLC DFAC

$32,974,921

0.40%

741,843

AdvisorNet Financial, Inc DFAC

$32,774,051

0.40%

737,324

Dynamic Advisor Solutions LLC DFAC

$32,546,290

0.40%

732,200

ABLE Financial Group, LLC DFAC

$31,659,823

0.39%

712,257

Acorn Wealth Advisors, LLC DFAC

$31,312,713

0.38%

704,448

PHILLIPS FINANCIAL MANAGEMENT, LLC DFAC

$31,300,356

0.38%

704,170

Keudell/Morrison Wealth Management DFAC

$30,463,229

0.37%

685,337

MATHER GROUP, LLC. DFAC

$28,445,599

0.35%

639,946

CFS Investment Advisory Services, LLC DFAC

$28,291,936

0.35%

636,489

Wolfstich Capital, LLC DFAC

$24,112,347

0.29%

542,460

tru Independence LLC DFAC

$24,078,565

0.29%

541,700

3 FACTOR INDEXING, LLC DFAC

$23,769,904

0.29%

534,756

MLG Wealth Management DBA Pine Grove Financial Group DFAC

$22,315,855

0.27%

502,044

JDH Wealth Management, LLC DFAC

$22,217,665

0.27%

499,835

LEGACY FINANCIAL GROUP, INC. DFAC

$22,020,085

0.27%

495,390

FIRETHORN WEALTH PARTNERS, LLC DFAC

$19,670,325

0.24%

442,527

DIVERSIFY WEALTH MANAGEMENT, LLC DFAC

$18,561,342

0.23%

417,578

Diversify Advisory Services, LLC DFAC

$18,561,342

0.23%

417,578

Diversified Enterprises, LLC DFAC

$18,427,903

0.23%

414,576

Prime Capital Investment Advisors, LLC DFAC

$17,574,018

0.21%

395,366

Aerodigm Wealth, LLC DFAC

$17,426,178

0.21%

392,040

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FOCUS PARTNERS ADVISOR SOLUTIONS, LLC	392,040	$17,426,178	100.0%	Other

Integrated Advisors Network LLC DFAC

$16,663,149

0.20%

374,874

Cravens & Co Advisors, LLC DFAC

$15,992,754

0.20%

359,792

Pacific Park Financial, Inc. DFAC

$15,441,841

0.19%

347,398

Two West Capital Advisors LLC DFAC

$15,339,695

0.19%

345,100

HEFFERNAN ADVISORY, INC DFAC

$15,031,745

0.18%

338,172

Donalies Financial Planning, LLC DFAC

$14,826,919

0.18%

333,564

Essential Planning, LLC. DFAC

$14,754,688

0.18%

331,939

Hassell Wealth Management, LLC DFAC

$14,474,831

0.18%

325,643

Gemmer Asset Management LLC DFAC

$13,910,049

0.17%

312,937

Family Office Research LLC DFAC

$13,883,557

0.17%

312,341

Cherry Tree Wealth Management, LLC DFAC

$13,322,954

0.16%

299,729

Great Waters Wealth Management DFAC

$12,698,742

0.16%

285,686

RF&L WEALTH MANAGEMENT, LLC DFAC

$12,568,281

0.15%

282,751

Foundation Wealth Management, LLC\PA DFAC

$12,176,677

0.15%

273,941

PFG Advisors DFAC

$11,875,484

0.15%

267,165

Selective Wealth Management, Inc. DFAC

$11,664,702

0.14%

262,423

Legacy Advisors, LLC DFAC

$11,276,698

0.14%

253,694

Hippocratic Financial Advisors, LLC DFAC

$11,119,434

0.14%

250,156

Factor Wealth Management LTD DFAC

$10,866,647

0.13%

244,469

Showing the top 100 of 308 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.