Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Dimensional ETF Trust (DFAX)

682 + Investors. Track Smart Money conviction in DFAX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +35
Streak
11Q ▲
Buyers last Q
55%

Smart Money Signals — DFAX

Based on 690 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added DFAX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
690 hedge funds hold DFAX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+147 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

342 buying278 selling
Last quarter: 342 funds bought or added vs 278 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 71 → 39 → 96 → 80. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 28% medium ■ 21% new
355 out of 690 hedge funds have held DFAX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

58 → 71 → 39 → 96 → 80 new funds/Q
New funds entering each quarter: 71 → 39 → 96 → 80. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 52% veterans vs 29% newcomers

■ 52% veterans ■ 19% 1-2yr ■ 29% new
Entry-cohort mix of 690 holders: 358 (52%) are 2+ year veterans, 133 entered 1–2 years ago, and 199 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 11% AUM from top-100

11% from top-100 AUM funds
24 of 690 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DFAX

In 2026 Q1, 342 hedge funds were net buyers of DFAX (80 opened a new position, 262 added to an existing one), while 278 reduced or exited (233 trimmed, 45 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +35 funds (more new holders than closures). Total institutional holders: 690.

Hedge Fund Ownership: DFAX

How many hedge funds hold DFAX — quarterly history vs. share price
Quarterly hedge fund ownership of DFAX vs. share price

Market Analysis: DFAX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DFAX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Dimensional ETF Trust (DFAX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DFAX has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 85d ago
DFAX
+12.0%
SPY
+14.9%

DFAX outperformed SPY by -2.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
DFAX
+3.9%
SPY
+1.1%

Since the filing became public, DFAX outperformed SPY by +2.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 68 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: DFAX
682 + Investors

Track Smart Money conviction in DFAX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 682 655 4.12%
13F Shares 249M 249M 0.08%
Total Value $8.33B $8.25B 0.97%
New Positions 77 96 -19
Increased Positions 261 249 +12
Closed Positions 50 33 +17
Reduced Positions 230 191 +39
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: DFAX

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Institutional Holders (2026 Q1)

682 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DFAX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 DFAX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Demming Financial Services Corp /Adv 31.75% 1,287,714 $43.7M
2 Geometric Wealth Advisors 31.71% 7,454,243 $253.2M
3 Tumwater Wealth Management, LLC 29.35% 2,148,190 $73.0M
4 Triune Financial Partners, LLC 29.32% 3,630,000 $123.3M
5 Core Wealth Management, Inc. 24.92% 2,394,043 $81.3M
6 Babb Wealth Advisors LLC 22.41% 1,206,924 $41.0M
7 Johnson Wealth Management, LLC 21.77% 1,327,681 $45.1M
8 Wolfstich Capital, LLC 21.36% 740,511 $24.4M
9 Creative Capital Management Investments LLC 20.97% 2,150,975 $73.1M
10 Trellis Wealth Advisors LLC 20.96% 1,621,272 $55.1M
11 HFM Investment Advisors, LLC 20.45% 1,565,178 $53.2M
12 Financial Symmetry Inc 20.10% 1,544,450 $56.6M
13 New Capital Management LP 20.00% 2,387,805 $81.1M
14 Generations Wealth, LLC 19.98% 605,775 $20.6M
15 Monograph Wealth Advisors, LLC 19.86% 6,166,855 $209.5M
16 Accredited Investor Services, LLC 18.89% 866,264 $29.4M
17 marrick wealth, LLC 18.66% 653,050 $22.2M
18 Baker Boyer National Bank 17.98% 1,762,066 $59.9M
19 Conquis Financial LLC 17.93% 600,657 $21.6M
20 Great Waters Wealth Management 17.57% 4,886,852 $166.0M
21 Mars Jewett Financial Group, INC. 17.11% 1,589,820 $54.0M
22 Onyx Financial Advisors, LLC 16.37% 1,160,548 $39.4M
23 Shearwater Capital LLC 16.10% 903,646 $30.7M
24 Master's Wealth Management INC. 16.05% 1,394,816 $47.4M
25 Strathmore Capital Advisors, Inc. 14.39% 1,401,514 $50.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Dimensional ETF Trust (DFAX)

What does the Smart Money Trend signal show for DFAX?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added DFAX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DFAX?

Slight buying edge — 55% buying: Last quarter: 342 funds bought or added vs 278 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for DFAX holders?

Smaller funds dominant — 11% AUM from top-100: 24 of 690 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DFAX?

51% of holders stayed for 2+ years: 355 out of 690 hedge funds have held DFAX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Dimensional ETF Trust (DFAX) following the 2026 Q1 hedge fund 13F filings?

As of today, DFAX has moved +3.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +2.8%. Since the quarter end (March 31, 2026), DFAX has gained +12.0% vs +14.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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