Vault-13

DIMENSIONAL ETF TRUST DFSE

EMERGING MARKETS · ETP · CUSIP 25434V682

143 institutional holders +3 vs Q1 2025
7,796,7747.8m shares reported held*
$296.8mreported value*
17 new 67 added 36 reduced 13 sold out net bought ≈ $10.9m (+288.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $38.07.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q4 22: 34Q1 23: 51Q2 23: 60Q3 23: 71Q4 23: 88Q1 24: 91Q2 24: 102Q3 24: 112Q4 24: 129Q1 25: 140Q2 25: 143143Q4 22Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 202234
Q1 202351
Q2 202360
Q3 202371
Q4 202388
Q1 202491
Q2 2024102
Q3 2024112
Q4 2024129
Q1 2025140
Q2 2025143

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 46 bought or addedQ3 23: 13 cut or sold outQ4 23: 60 bought or addedQ4 23: 13 cut or sold outQ4 23Q1 24: 65 bought or addedQ1 24: 18 cut or sold outQ2 24: 68 bought or addedQ2 24: 23 cut or sold outQ2 24Q3 24: 83 bought or addedQ3 24: 21 cut or sold outQ4 24: 78 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 82 bought or addedQ1 25: 39 cut or sold outQ2 25: 84 bought or addedQ2 25: 49 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234613
Q4 20236013
Q1 20246518
Q2 20246823
Q3 20248321
Q4 20247826
Q1 20258239
Q2 20258449

Biggest buyers

Focus Partners Wealth Added +225,166+225.2k
OLD MISSION CAPITAL LLC New +207,019+207.0k
Thrivent Financial for Lutherans New +122,146+122.1k
SACHEM HILL LLC Added +90,073+90.1k
Pathstone Holdings, LLC Added +56,421+56.4k
HILL ISLAND FINANCIAL LLC New +55,089+55.1k
Triune Financial Partners, LLC New +47,098+47.1k
TCI Wealth Advisors, Inc. New +46,837+46.8k
LongView Asset Management LLC Added +46,736+46.7k
Cerity Partners LLC New +29,778+29.8k

Biggest sellers

AWM CAPITAL, LLC Reduced -254,991-255.0k
Abacus Wealth Partners, LLC Reduced -188,850-188.8k
Francis Financial, Inc. Sold out -119,335-119.3k
TOWNSQUARE CAPITAL LLC Sold out -56,127-56.1k
Corient Private Wealth LP Reduced -32,366-32.4k
Cook Wealth, LLC Sold out -30,153-30.2k
Willow Creek Wealth Management Inc. Reduced -18,995-19.0k
JANE STREET GROUP, LLC Reduced -13,732-13.7k
RAYMOND JAMES FINANCIAL INC Sold out -12,506-12.5k
Simplicity Wealth,LLC Sold out -10,237-10.2k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AWM CAPITAL, LLC 2.51% of their portfolio Phoenix, AZ 627,225627.2k $23.9m $23.9m 2.51% Reduced -255.0k -254,991
2 Quantum Financial Advisors, LLC 2.96% of their portfolio SANTA MONICA, CA 573,927573.9k $21.8m $21.8m 2.96% Reduced -10.0k -9,991
3 MASECO LLP 0.79% of their portfolio LONDON, X0 548,175548.2k $20.9m $20.9m 0.79% First filing
4 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 537,973538.0k $20.5m $20.5m 0.04% Added +225.2k +225,166
5 Forum Financial Management, LP 0.23% of their portfolio LOMBARD, IL 396,139396.1k $15.1m $15.1m 0.23% Added +528 +528
6 Five Oceans Advisors 5.71% of their portfolio SANTA MONICA, CA 351,894351.9k $13.4m $13.4m 5.71% Added +19.5k +19,493
7 Abacus Wealth Partners, LLC 1.96% of their portfolio SANTA MONICA, CA 336,694336.7k $12.8m $12.8m 1.96% Reduced -188.8k -188,850
8 Citrine Capital LLC 6.18% of their portfolio SAN FRANCISCO, CA 305,892305.9k $11.6m $11.6m 6.18% Added +3.4k +3,379
9 LongView Asset Management LLC 7.61% of their portfolio SANTA FE, NM 264,706264.7k $10.1m $10.1m 7.61% Added +46.7k +46,736
10 Retirement Solution LLC 2.57% of their portfolio REDMOND, WA 264,639264.6k $10.1m $10.1m 2.57% Reduced -238 -238
11 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 222,203222.2k $8.5m $8.5m 0.03% Added +56.4k +56,421
12 OLD MISSION CAPITAL LLC 0.21% of their portfolio CHICAGO, IL 207,019207.0k $7.9m $7.9m 0.21% New
13 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 187,337187.3k $7.1m $7.1m 0.01% Reduced -13.7k -13,732
14 Willow Creek Wealth Management Inc. 0.56% of their portfolio Sebastopol, CA 163,365163.4k $6.2m $6.2m 0.56% Reduced -19.0k -18,995
15 SACHEM HILL LLC 1.15% of their portfolio DENVER, CO 148,343148.3k $5.6m $5.6m 1.15% Added +90.1k +90,073
16 Wealth Architects, LLC 0.55% of their portfolio MOUNTAIN VIEW, CA 141,811141.8k $5.4m $5.4m 0.55% Added +20.9k +20,900
17 Savant Capital, LLC 0.03% of their portfolio ROCKFORD, IL 126,792126.8k $4.8m $4.8m 0.03% Added +3.4k +3,375
18 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 122,146122.1k $4.6m $4.6m 0.01% New
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 96,57296.6k $3.7m $3.7m 0.01% Reduced -3.2k -3,164
20 Balanced Rock Investment Advisors LLC 2.68% of their portfolio ROSLINDALE, MA 89,76689.8k $3.4m $3.4m 2.68% Added +2.7k +2,654
21 Asset Dedication, LLC 0.22% of their portfolio SAN FRANCISCO, CA 80,06480.1k $3.0m $3.0m 0.22% Reduced -129 -129
22 New Capital Management LP 0.80% of their portfolio HOUSTON, TX 74,93674.9k $2.9m $2.9m 0.80% Added +5.7k +5,678
23 Pure Financial Advisors, LLC 0.05% of their portfolio SAN DIEGO, CA 72,91372.9k $2.8m $2.8m 0.05% Added +28.5k +28,508
24 BRIGHTON JONES LLC 0.07% of their portfolio SEATTLE, WA 71,49271.5k $2.7m $2.7m 0.07% Added +7.0k +7,010
25 RAM Investment Partners, LLC 0.53% of their portfolio BELLEVUE, WA 66,50066.5k $2.5m $2.5m 0.53% Added +9.9k +9,877
26 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 64,71564.7k $2.5m $2.5m 0.03% Reduced -3.4k -3,357
27 Heritage Financial Services, LLC 0.22% of their portfolio Westwood, MA 60,78460.8k $2.3m $2.3m 0.22% Reduced -97 -97
28 Allodium Investment Consultants, LLC 1.46% of their portfolio MINNEAPOLIS, MN 60,54060.5k $2.3m $2.3m 1.46% Reduced -579 -579
29 DRIVE WEALTH MANAGEMENT, LLC 0.48% of their portfolio LEHI, UT 57,27457.3k $2.2m $2.2m 0.48% Added +1.1k +1,147
30 HILL ISLAND FINANCIAL LLC 0.58% of their portfolio GRAND RAPIDS, MI 55,08955.1k $2.1m $2.1m 0.58% New
31 Apella Capital, LLC 0.05% of their portfolio WEST HARTFORD, CT 51,92851.9k $2.0m $2.0m 0.05% Added +4.1k +4,081
32 Klaas Financial Asset Advisors, LLC 0.30% of their portfolio LOVES PARK, IL 49,82949.8k $1.9m $1.9m 0.30% Added +3.9k +3,858
33 Triune Financial Partners, LLC 0.49% of their portfolio OVERLAND PARK, KS 47,09847.1k $1.8m $1.8m 0.49% New
34 TCI Wealth Advisors, Inc. 0.12% of their portfolio Tucson, AZ 46,83746.8k $1.8m $1.8m 0.12% New
35 Focus Partners Advisor Solutions, LLC 0.02% of their portfolio SAINT LOUIS, MO 46,57346.6k $1.8m $1.8m 0.02% Reduced -1.2k -1,221
36 Perigon Wealth Management, LLC 0.04% of their portfolio SAN FRANCISCO, CA 43,94443.9k $1.7m $1.7m 0.04% Added +926 +926
37 Planning Center, Inc. 0.18% of their portfolio MOLINE, IL 42,12742.1k $1.6m $1.6m 0.18% Added +1.3k +1,273
38 Navigoe, LLC 1.00% of their portfolio REDONDO BEACH, CA 34,73434.7k $1.3m $1.3m 1.00% Unchanged
39 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 33,68433.7k $1.3m $1.3m 0.00% Reduced -32.4k -32,366
40 Cordant, Inc. 0.59% of their portfolio PORTLAND, OR 32,12132.1k $1.2m $1.2m 0.59% Reduced -980 -980
41 Longview Financial Advisors LLC 0.76% of their portfolio SAN RAFAEL, CA 31,93231.9k $1.2m $1.2m 0.76% Added +1.8k +1,804
42 Truepoint, Inc. 0.03% of their portfolio CINCINNATI, OH 31,70131.7k $1.2m $1.2m 0.03% Reduced -1.4k -1,439
43 QUARRY HILL ADVISORS, LLC 0.68% of their portfolio ST PAUL, MN 30,79630.8k $1.2m $1.2m 0.68% Added +2.0k +2,009
44 Waypoint Wealth Partners Inc. 0.28% of their portfolio MILL VALLEY, CA 30,73330.7k $1.2m $1.2m 0.28% Added +7.8k +7,803
45 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 29,77829.8k $1.2m $1.2m 0.00% New
46 Burton Enright Welch 0.19% of their portfolio WALNUT CREEK, CA 28,68328.7k $1.1m $1.1m 0.19% Unchanged
47 RW Investment Management LLC 0.12% of their portfolio Eagle, ID 27,43527.4k $1.0m $1.0m 0.12% Added +6 +6
48 Cambridge Financial Group, LLC 0.34% of their portfolio TUCSON, AZ 23,53023.5k $895.6k $895.6k 0.34% Reduced -9.9k -9,864
49 SEVEN MILE ADVISORY 0.50% of their portfolio TALLAHASSEE, FL 21,69521.7k $825.7k $825.7k 0.50% Unchanged
50 Momentous Wealth Management, Inc. 0.53% of their portfolio VANCOUVER, WA 21,63621.6k $823.5k $823.5k 0.53% Added +1.6k +1,581
51 Addison Advisors LLC 0.20% of their portfolio MIDDLEBURY, VT 21,44321.4k $816.1k $816.1k 0.20% Added +713 +713
52 Northland Capital Management LLC 0.50% of their portfolio VIRGINIA, MN 21,40021.4k $814.5k $814.5k 0.50% Added +307 +307
53 Morling Financial Advisors, LLC 0.25% of their portfolio FREMONT, CA 19,96020.0k $759.7k $759.7k 0.25% Added +15 +15
54 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 19,55319.6k $744.2k $744.2k 0.04% Reduced -3.5k -3,514
55 Cardinal Point Capital Management ULC 0.06% of their portfolio TORONTO, A6 19,50019.5k $742.2k $742.2k 0.06% Reduced -3.5k -3,505
56 Aspen Capital Management, LLC 0.19% of their portfolio BOISE, ID 18,25418.3k $694.8k $694.8k 0.19% New
57 Henrickson Nauta Wealth Advisors, Inc. 0.23% of their portfolio BELMONT, MI 17,62517.6k $670.8k $670.8k 0.23% Added +188 +188
58 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 16,74516.7k $637.3k $637.3k 0.01% Reduced -97 -97
59 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 16,70716.7k $635.9k $635.9k 0.00% Reduced -4.4k -4,432
60 Trellis Wealth Advisors LLC 0.27% of their portfolio San Luis Obispo, CA 16,28416.3k $619.8k $619.8k 0.27% Added +106 +106
61 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 16,22216.2k $617.4k $617.4k 0.01% Added +265 +265
62 Betterment LLC 0.00% of their portfolio NEW YORK, NY 16,08316.1k $612.0k $612.0k 0.00% Reduced -4.7k -4,736
63 Meritas Wealth Management, LLC 0.34% of their portfolio SAN RAFAEL, CA 16,03716.0k $610.4k $610.4k 0.34% Added +98 +98
64 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 15,10215.1k $574.8k $574.8k 0.00% Added +46 +46
65 Syverson Strege & Co 0.13% of their portfolio WEST DES MOINES, IA 14,79014.8k $562.9k $562.9k 0.13% Added +6 +6
66 EXENCIAL WEALTH ADVISORS, LLC 0.02% of their portfolio OKLAHOMA CITY, OK 14,56314.6k $554.3k $554.3k 0.02% Unchanged
67 BetterWealth, LLC 0.13% of their portfolio SAN JOSE, CA 13,80813.8k $525.5k $525.5k 0.13% Added +168 +168
68 Rockbridge Investment Management, LCC 0.06% of their portfolio Syracuse, NY 13,48213.5k $513.1k $513.1k 0.06% Reduced -1.0k -1,030
69 Premier Financial Group 0.14% of their portfolio EUREKA, CA 12,94312.9k $511.3k $511.3k 0.14% First filing
70 Wealthstream Advisors, Inc. 0.08% of their portfolio NEW YORK, NY 12,89212.9k $490.7k $490.7k 0.08% Added +757 +757
71 Equita Financial Network, Inc. 0.19% of their portfolio FORT WASHINGTON, PA 12,74712.7k $485.2k $485.2k 0.19% Added +6.2k +6,174
72 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 12,07112.1k $459.4k $459.4k 0.00% Added +3 +3
73 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 12,03212.0k $457.9k $457.9k 0.00% Added +3.7k +3,730
74 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 11,59211.6k $441.2k $441.2k 0.03% Added +1.0k +1,022
75 Heck Capital Advisors, LLC 0.04% of their portfolio Rhinelander, WI 11,51711.5k $438.3k $438.3k 0.04% Reduced -5 -5
76 North Ridge Wealth Advisors, Inc. 0.26% of their portfolio BEAVERTON, OR 11,20411.2k $426.4k $426.4k 0.26% Reduced -1.3k -1,325
77 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,24710.2k $390.0k $390.0k 0.00% Added +441 +441
78 Freedom Financial Partners LLC 0.16% of their portfolio OAKDALE, MN 10,21710.2k $388.8k $388.8k 0.16% Added +2.1k +2,062
79 Parcion Private Wealth LLC 0.03% of their portfolio BELLEVUE, WA 10,09710.1k $384.3k $384.3k 0.03% Added +1.6k +1,649
80 Creative Capital Management Investments LLC 0.13% of their portfolio SAN DIEGO, CA 9,6579.7k $367.5k $367.5k 0.13% Reduced -266 -266
81 SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.08% of their portfolio MINNEAPOLIS, MN 9,5359.5k $362.9k $362.9k 0.08% Unchanged
82 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 9,4539.5k $359.8k $359.8k 0.01% Added +483 +483
83 RHS Financial, LLC 0.20% of their portfolio SAN FRANCISCO, CA 9,3089.3k $354.3k $354.3k 0.20% Reduced -2.2k -2,223
84 EnRich Financial Partners LLC 0.11% of their portfolio MADISON, WI 9,2859.3k $353.4k $353.4k 0.11% Reduced -969 -969
85 Babb Wealth Advisors LLC 0.26% of their portfolio Flagstaff, AZ 9,2729.3k $352.9k $352.9k 0.26% Added +19 +19
86 Wealth Management Strategies, Inc. 0.19% of their portfolio PITTSBURGH, PA 9,1949.2k $349.9k $349.9k 0.19% Added +1.8k +1,754
87 FIDUCIARY FINANCIAL GROUP, LLC 0.06% of their portfolio SAN RAFAEL, CA 8,8498.8k $337.1k $337.1k 0.06% Added +578 +578
88 Jentner Corp 0.09% of their portfolio Akron, OH 8,5518.6k $325.5k $325.5k 0.09% Added +276 +276
89 Flagstone Financial Management 0.09% of their portfolio LINCOLN, NE 8,3598.4k $318.1k $318.1k 0.09% Added +826 +826
90 Level Financial Advisors 0.09% of their portfolio EAST AMHERST, NY 7,9968.0k $304.3k $304.3k 0.09% Added +617 +617
91 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 7,7667.8k $295.6k $295.6k 0.00% New
92 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 7,4987.5k $285.4k $285.4k 0.00% Reduced -6.6k -6,578
93 Sellwood Investment Partners LLC 0.13% of their portfolio PORTLAND, OR 7,2617.3k $276.4k $276.4k 0.13% New
94 Rehmann Capital Advisory Group 0.02% of their portfolio LANSING, MI 7,2557.3k $276.1k $276.1k 0.02% Unchanged
95 Cassaday & Co Wealth Management LLC 0.01% of their portfolio MCLEAN, VA 7,2057.2k $274.2k $274.2k 0.01% Unchanged
96 Hill Investment Group Partners, LLC 0.03% of their portfolio ST. LOUIS, MO 6,9667.0k $265.1k $265.1k 0.03% Unchanged
97 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 6,8906.9k $262.2k $262.2k 0.01% Unchanged
98 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 6,7726.8k $265.7k $265.7k 0.01% Unchanged
99 Wealth Advisors Northwest LLC 0.13% of their portfolio PORTLAND, OR 6,6316.6k $252.4k $252.4k 0.13% Added +261 +261
100 GRAND WEALTH MANAGEMENT, LLC 0.13% of their portfolio GRAND RAPIDS, MI 6,5606.6k $249.7k $249.7k 0.13% Added +29 +29