DFUS · Dimensional U.S. Equity Market ETF · Holdings ETF

$84.16 +0.50 (+0.60%) At close · Oct 21

Volume · Oct 21 509.26K Avg daily vol (3M) 636.29K

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: 245

Total Value: $3,626,437,672

Total Shares: 43,676,235

Showing 1–100 of 245 holdings by value · page 1 of 3

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 245 13F filers · Δ vs Jun 30, 2026

Top Holder

12.7%

−6.3 pts

Top 5

38.5%

+6.7 pts

Top 10

50.7%

+8.7 pts

HHI

442

Broadly held−13

Who Holds DFUS

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: 876 filers, like-for-like change 0.0%; actively managed books 0.0%; index-like books +4.3%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	63.7%	632	+2.9%	37	18
Exempt adviser	0.0%	1	new	1	0
Adviser	0.0%	6	-2.7%	0	0
Bank	2.7%	24	+2.5%	0	1
Insurer	19.0%	1	-9.8%	0	0
Broker-dealer	1.6%	1	-7.0%	0	0
Holding company	0.6%	5	+3.5%	0	0
Unknown	12.3%	206	+2.8%	17	12

Style	Share	Filers	Change	New	Exited
Index-like	0.2%	8	+4.3%	1	0
Systematic-like	0.0%	6	+46.8%	4	0
Concentrated	48.8%	497	+2.8%	19	13
Diversified active	50.9%	361	-2.5%	31	17
Unknown	0.2%	3	-0.4%	0	1
Not measured	0.0%	1	-2.5%	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	72.5%	666	+2.0%	31	14
Medium turnover	23.5%	100	-5.5%	11	10
High turnover	0.0%	12	-53.6%	6	4
Unknown	4.0%	97	-0.4%	7	3
Not measured	0.0%	1	-2.5%	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	3.8%	90	-0.1%	8	3
Medium horizon	21.4%	230	+4.1%	19	11
Long horizon	74.2%	539	-1.2%	25	16
Unknown	0.6%	16	+9.2%	3	1
Not measured	0.0%	1	-2.5%	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	23.1%	504	+4.0%	31	20
$1B to $10B	33.9%	258	+1.6%	16	7
$10B to $100B	35.5%	82	-4.1%	4	2
$100B or more	7.5%	31	+1.4%	4	2
Not measured	0.0%	1	-2.5%	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	61.6%	594	+3.2%	30	16
Pooled investment vehicles	0.0%	5	+49.3%	2	0
Registered funds and BDCs	0.0%	3	-93.7%	2	2
Pension and profit sharing plans	0.6%	8	+3.2%	0	0
Charitable organizations	0.1%	2	0.0%	0	0
Corporations	0.0%	2	0.0%	0	0
Other investment advisers	1.0%	8	-3.3%	0	0
Other	0.0%	1	0.0%	0	0
Diversified	0.3%	8	+26.0%	2	0
Unknown	36.3%	245	-4.6%	19	13

Private funds	Share	Filers	Change	New	Exited
Hedge funds	1.2%	18	+11.0%	5	0
Private equity funds	3.2%	21	-5.9%	0	0
Venture capital funds	0.2%	3	+3.7%	0	0
Real estate funds	1.7%	11	+23.8%	1	0
Securitized asset funds	0.0%	2	+0.2%	0	0
Other private funds	9.1%	22	+4.1%	2	0
Mixed private funds	0.0%	1	new	1	0
Private funds, type not stated	0.2%	6	+0.4%	0	0
No private funds	47.9%	549	+2.5%	29	18
Unknown	36.3%	243	-4.6%	17	13

Location	Share	Filers	Change	New	Exited
United States	95.7%	864	+0.1%	54	30
Outside the US	4.3%	12	-1.2%	1	1

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 11 holders with no observed 2026-03-31 13F and 15 holders with no observed 2026-06-30 13F.

Conviction and Crowding

875 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

489

55.9% of filers hold it in their top 10

Mar 31, 2026: 488

Holders above 5%

median weight 0.154%

Mar 31, 2026: 89

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

42.0%

of 13F shares, Herfindahl 0.045

Active holders

0.0%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 14.3 quarters

Under 1 year 4.96% 1 to 3 years 23.5% 3 years or more 71.5% 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

$62.73

estimated per share

Mar 31, 2026: $61.88

Quarter-end price

$81.94

implied by 13F values

Estimated gain or loss

+30.6%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

Estimated cost covers 39.5% 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 DFUS 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	0	0
Active funds	317,345	1
Unclassified	0	0
All registered funds	317,345	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

105

Decreased

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: -631

Institutional value: -78.9%

Shares held: -79.2%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Small RIA Advisory Group LLC	+670,213	681,413
Mid SAX WEALTH ADVISORS, LLC	+481,353	4,731,975
Mid Root Financial Partners, LLC	+334,890	5,533,635
Large Farther Finance Advisors, LLC	+216,350	808,133
Mid Great Waters Wealth Management	+179,602	3,114,270

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Large ASSETMARK, INC	−230,427	455,798
Mid MISSION WEALTH MANAGEMENT, LP	−54,481	368,485
Mid Apella Capital, LLC	−43,810	2,155,906
Small Guardian Wealth Management, LLC	−21,393	473,366
Mid Forum Financial Management, LP	−17,103	1,128,313

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid Venture Visionary Partners LLC	15,813	$1,312,953
Micro ProCore Advisors, LLC	12,255	$1,017,532
Small Global Wealth Strategies & Associates	4,744	$393,894
Mid Atria Investments, Inc	3,697	$306,961
Small FIRST NATIONAL BANK SIOUX FALLS	2,713	$225,260

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Mid CoreCap Advisors, LLC	5,301	$434,363
Small GILL CAPITAL PARTNERS, LLC	2,567	$210,339
Small FIRST COMMUNITY TRUST NA	1,103	$90,379
Small Cornerstone Planning Group LLC	1,045	$85,627

Filter: New 8 Increased 105 Reduced 69 Sold out 4 Unchanged 62

Holder type: Registered adviser 175 Adviser 1 Bank 1 Unknown 68

Showing 100 of 245

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Root Financial Partners, LLC DFUS

$459,457,714

12.67%

5,533,635

SAX WEALTH ADVISORS, LLC DFUS

$392,895,884

10.83%

4,731,975

Great Waters Wealth Management DFUS

$258,577,838

7.13%

3,114,270

Apella Capital, LLC DFUS

$179,004,875

4.94%

2,155,906

Intelligence Driven Advisers, LLC DFUS

$107,420,477

2.96%

1,293,755

DiNuzzo Private Wealth, Inc. DFUS

$97,511,926

2.69%

1,174,418

Forum Financial Management, LP DFUS

$93,683,827

2.58%

1,128,313

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

Manager	Shares	Value (USD)	% of position	Discretion
PR Wealth Management Group	15,196	$1,261,723	1.3%	Other
Held directly	1,113,117	$92,422,104	98.7%	Sole

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC DFUS

$92,976,080

2.56%

1,119,789

Penney Financial, LLC DFUS

$79,469,092

2.19%

957,113

Foster Group, Inc. DFUS

$77,439,257

2.14%

932,666

Foundry Financial LLC DFUS

$77,228,361

2.13%

930,126

Elser Financial Planning, Inc DFUS

$76,102,474

2.10%

916,566

Aspen Wealth Management LLC DFUS

$73,836,005

2.04%

889,269

Farther Finance Advisors, LLC DFUS

$67,099,282

1.85%

808,133

1900 WEALTH MANAGEMENT LLC DFUS

$64,214,488

1.77%

773,389

RS CRUM INC. DFUS

$63,399,632

1.75%

763,575

RIA Advisory Group LLC DFUS

$56,577,721

1.56%

681,413

Crown Wealth Group, LLC DFUS

$55,374,533

1.53%

666,922

CWS Financial Advisors, LLC DFUS

$54,260,603

1.50%

653,506

Dynamic Advisor Solutions LLC DFUS

$47,344,619

1.31%

570,211

Disciplined Equity Management, Inc. DFUS

$46,491,901

1.28%

559,941

Three Arch Wealth Management LLC DFUS

$46,370,345

1.28%

558,477

Owl Creek Wealth Partners LLC DFUS

$41,467,838

1.14%

499,432

TCP Asset Management, LLC DFUS

$40,744,232

1.12%

490,717

Guardian Wealth Management, LLC DFUS

$39,303,578

1.08%

473,366

SC&H Financial Advisors, Inc. DFUS

$39,004,754

1.08%

469,767

ASSETMARK, INC DFUS

$37,844,907

1.04%

455,798

ARK & TLK INVESTMENTS, LLC DFUS

$37,246,925

1.03%

448,596

MISSION WEALTH MANAGEMENT, LP DFUS

$30,595,309

0.84%

368,485

Allodium Investment Consultants, LLC DFUS

$28,308,497

0.78%

340,943

Meritas Wealth Management, LLC DFUS

$28,113,210

0.78%

338,591

Trinity Financial Advisors LLC DFUS

$25,064,681

0.69%

301,875

Pillar Financial Advisors, LLC DFUS

$24,159,239

0.67%

290,970

GEM Asset Management, LLC DFUS

$23,459,213

0.65%

282,539

Sowell Financial Services LLC DFUS

$23,300,044

0.64%

280,622

Mendota Financial Group, LLC DFUS

$22,696,499

0.63%

273,353

LEGACY FINANCIAL GROUP, INC. DFUS

$22,092,290

0.61%

266,076

Tassel Capital Management, Inc. DFUS

$19,758,898

0.54%

237,973

PFG Advisors DFUS

$19,753,667

0.54%

237,910

AXXCESS WEALTH MANAGEMENT, LLC DFUS

$18,252,650

0.50%

219,832

Kraft, Davis & Associates, LLC DFUS

$15,876,581

0.44%

191,215

Private Wealth Management Group, LLC DFUS

$14,289,878

0.39%

172,105

SUTTON PLACE INVESTORS LLC DFUS

$14,042,199

0.39%

169,122

BostonPremier Wealth LLC DFUS

$13,537,460

0.37%

163,043

AWM CAPITAL, LLC DFUS

$13,482,079

0.37%

162,376

Physician Wealth Solutions Inc. DFUS

$13,092,917

0.36%

157,689

Warwick Investment Management, Inc. DFUS

$12,838,679

0.35%

154,627

Herold Advisors, Inc. DFUS

$12,820,081

0.35%

154,403

CGN Advisors LLC DFUS

$12,673,782

0.35%

152,641

CFS Investment Advisory Services, LLC DFUS

$12,238,954

0.34%

147,404

RF&L WEALTH MANAGEMENT, LLC DFUS

$12,016,350

0.33%

144,723

XY Planning Network, Inc. DFUS

$11,332,515

0.31%

136,487

LVZ, Inc. DFUS

$10,977,230

0.30%

132,208

DWR WEALTH MANAGEMENT, LLC DFUS

$9,552,767

0.26%

115,052

Lauterbach Financial Advisors, LLC DFUS

$9,390,028

0.26%

113,092

JDH Wealth Management, LLC DFUS

$9,186,024

0.25%

110,635

Kondo Wealth Advisors, Inc. DFUS

$8,797,028

0.24%

105,950

Robertson Stephens Wealth Management, LLC DFUS

$8,416,668

0.23%

101,369

Ridgeline Wealth, LLC DFUS

$8,171,480

0.23%

98,416

EnRich Financial Partners LLC DFUS

$7,955,519

0.22%

95,815

DIVERSIFY WEALTH MANAGEMENT, LLC DFUS

$7,743,792

0.21%

93,265

Diversify Advisory Services, LLC DFUS

$7,743,792

0.21%

93,265

Gemmer Asset Management LLC DFUS

$7,351,061

0.20%

88,535

C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors DFUS

$7,012,630

0.19%

84,459

Heck Capital Advisors, LLC DFUS

$6,793,514

0.19%

81,820

CLG LLC DFUS

$6,500,584

0.18%

78,292

DBK Financial Counsel, LLC DFUS

$6,485,058

0.18%

78,105

Gradient Investments LLC DFUS

$6,189,554

0.17%

74,546

Independent Wealth Network Inc. DFUS

$6,183,244

0.17%

74,470

VIRTUE ASSET MANAGEMENT LLC DFUS

$6,130,603

0.17%

73,836

Innovative Wealth Building LLC DFUS

$5,988,040

0.17%

72,119

HFG Wealth Management, LLC DFUS

$5,711,965

0.16%

68,794

Wealthcare Advisory Partners LLC DFUS

$5,651,021

0.16%

68,060

Madson Wealth Advisors Inc DFUS

$5,446,269

0.15%

65,594

Factor Wealth Management LTD DFUS

$5,421,526

0.15%

65,296

VESTIA PERSONAL WEALTH ADVISORS DFUS

$5,345,222

0.15%

64,377

BAKER TILLY WEALTH MANAGEMENT, LLC DFUS

$5,327,287

0.15%

64,161

CPC Advisors, LLC DFUS

$5,220,511

0.14%

62,875

Clark Asset Management, LLC DFUS

$5,042,079

0.14%

60,726

CWA Asset Management Group, LLC DFUS

$4,867,799

0.13%

58,627

Lodestone Wealth Management LLC DFUS

$4,190,358

0.12%

50,468

FORTERIS WEALTH MANAGEMENT INC. DFUS

$4,177,156

0.12%

50,309

Navigate Wealth Management, LLC DFUS

$4,053,275

0.11%

48,817

Acorn Wealth Advisors, LLC DFUS

$3,982,118

0.11%

47,960

RAM Investment Partners, LLC DFUS

$3,942,347

0.11%

47,481

FCG Investment Co DFUS

$3,920,261

0.11%

47,215

Moisand Fitzgerald Tamayo, LLC DFUS

$3,911,626

0.11%

47,111

21 West Wealth Management LLC DFUS

$3,552,023

0.10%

42,780

Retirement Planning Group, LLC DFUS

$3,441,842

0.09%

41,453

Twin Cities Retirement Group LLC DFUS

$3,350,094

0.09%

40,348

Donalies Financial Planning, LLC DFUS

$3,232,274

0.09%

38,929

MARYLAND CAPITAL ADVISORS INC. DFUS

$3,132,804

0.09%

37,731

Physician Wealth Advisors, Inc. DFUS

$2,984,430

0.08%

35,944

True Wealth Design, LLC DFUS

$2,926,309

0.08%

35,244

Merited Wealth, LLC DFUS

$2,874,498

0.08%

34,620

Shearwater Capital LLC DFUS

$2,868,603

0.08%

34,549

Accurate Wealth Management, LLC DFUS

$2,863,455

0.08%

34,487

Sensible Money, LLC DFUS

$2,844,109

0.08%

34,254

marrick wealth, LLC DFUS

$2,808,157

0.08%

33,821

Cambridge Financial Group, LLC DFUS

$2,631,469

0.07%

31,693

Showing the top 100 of 245 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.