Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Dimensional ETF Trust (DFAX)

709 + 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
↑ +23
Streak
11Q ▲
Buyers last Q
56%

Smart Money Signals — DFAX

Based on 713 hedge funds · latest filing: 2026 Q2 · 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
713 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 — +22% more funds vs a year ago

fund count last 6Q
+128 new funds entered over the past year (+22% 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 — 56% buying

350 buying272 selling
Last quarter: 350 funds bought or added vs 272 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 (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 39 → 96 → 80 → 61. 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+) ■ 26% medium ■ 23% new
367 out of 713 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.
➡️

Steady discovery — ~61 new funds/quarter

72 → 39 → 96 → 80 → 61 new funds/Q
New funds entering each quarter: 39 → 96 → 80 → 61. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 53% veterans vs 29% newcomers

■ 53% veterans ■ 19% 1-2yr ■ 29% new
Entry-cohort mix of 713 holders: 375 (53%) are 2+ year veterans, 132 entered 1–2 years ago, and 206 (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
22 of 713 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 Q2, 350 hedge funds were net buyers of DFAX (61 opened a new position, 289 added to an existing one), while 272 reduced or exited (234 trimmed, 38 sold completely) — a 56% 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: +23 funds (more new holders than closures). Total institutional holders: 713.

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

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 70 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
5.0
/ 10
conviction
Hedge Fund Positioning: DFAX
709 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 709 690 2.75%
13F Shares 287M 256M 11.86%
Total Value $9.82B $8.57B 14.56%
New Positions 59 80 -21
Increased Positions 289 262 +27
Closed Positions 40 46 -6
Reduced Positions 233 233 -
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 Q2)

709 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Geometric Wealth Advisors 31.00% 7,779,410 $286.6M
2 Demming Financial Services Corp /Adv 30.84% 1,317,129 $48.5M
3 Tumwater Wealth Management, LLC 28.76% 2,158,889 $79.5M
4 Triune Financial Partners, LLC 28.41% 3,692,741 $136.0M
5 Aspen Private Advisors, LLC 28.25% 764,320 $28.2M
6 Core Wealth Management, Inc. 23.95% 2,313,175 $85.2M
7 Babb Wealth Advisors LLC 22.04% 1,241,297 $45.7M
8 Wolfstich Capital, LLC 21.65% 764,422 $28.0M
9 Johnson Wealth Management, LLC 21.04% 1,347,961 $49.7M
10 Creative Capital Management Investments LLC 20.69% 2,434,768 $89.7M
11 New Capital Management LP 20.22% 2,410,224 $88.8M
12 Trellis Wealth Advisors LLC 20.19% 1,596,426 $58.8M
13 HFM Investment Advisors, LLC 19.83% 1,534,860 $56.5M
14 Baker Boyer National Bank 19.73% 1,949,537 $71.8M
15 Financial Symmetry Inc 19.71% 1,603,245 $59.1M
16 Monograph Wealth Advisors, LLC 19.64% 6,491,032 $239.1M
17 Accredited Investor Services, LLC 18.32% 880,269 $32.4M
18 Conquis Financial LLC 17.68% 595,284 $21.9M
19 marrick wealth, LLC 17.39% 664,948 $24.5M
20 Great Waters Wealth Management 17.25% 5,054,079 $186.2M
21 Old Peak Finance LLC 16.91% 948,539 $34.9M
22 Generations Wealth, LLC 16.75% 478,755 $17.6M
23 Shearwater Capital LLC 16.20% 920,770 $33.9M
24 Master's Wealth Management INC. 15.79% 1,424,036 $52.5M
25 Onyx Financial Advisors, LLC 15.72% 1,184,461 $43.6M
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 — 56% buying: Last quarter: 350 funds bought or added vs 272 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: 22 of 713 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: 367 out of 713 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.

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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