Vault-13

DONNELLEY FINL SOLUTIONS INC DFIN

COM · Common Stock · CUSIP 25787G100

American financial company

236 institutional holders -9 vs Q3 2025
25,481,32325.5m shares reported held*
99.5% of all shares outstanding*
$1.2bnreported value*
22 new 62 added 100 reduced 34 sold out net sold ≈ $89.6m (-1.9m 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 ($9.0k this quarter). Holder counts are more reliable. Shares outstanding: 25.6m as of 2026-02-12, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $46.74.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 200Q4 22: 202Q1 23: 197Q2 23: 212Q3 23: 215Q4 23: 224Q1 24: 248Q2 24: 250Q3 24: 257Q4 24: 246Q1 25: 235Q2 25: 246Q3 25: 245Q4 25: 236236Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022200
Q4 2022202
Q1 2023197
Q2 2023212
Q3 2023215
Q4 2023224
Q1 2024248
Q2 2024250
Q3 2024257
Q4 2024246
Q1 2025235
Q2 2025246
Q3 2025245
Q4 2025236

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 120 bought or addedQ1 24: 101 cut or sold outQ2 24: 114 bought or addedQ2 24: 112 cut or sold outQ2 24Q3 24: 116 bought or addedQ3 24: 107 cut or sold outQ4 24: 115 bought or addedQ4 24: 128 cut or sold outQ4 24Q1 25: 116 bought or addedQ1 25: 121 cut or sold outQ2 25: 106 bought or addedQ2 25: 121 cut or sold outQ2 25Q3 25: 121 bought or addedQ3 25: 111 cut or sold outQ4 25: 84 bought or addedQ4 25: 134 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024120101
Q2 2024114112
Q3 2024116107
Q4 2024115128
Q1 2025116121
Q2 2025106121
Q3 2025121111
Q4 202584134

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ1 25 calls: $437.8kQ1 25 puts: $113.2kQ1 25P/C 0.26Q2 25 calls: $203.4kQ2 25 puts: $73.0kQ2 25P/C 0.36Q3 25 calls: $51.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$437.8k$113.2k0.26
Q2 2025$203.4k$73.0k0.36
Q3 2025$51.0k$00.00
Q4 2025$0$0—

Biggest buyers

Alberta Investment Management Corp Added +529,600+529.6k
FULLER & THALER ASSET MANAGEMENT, INC. Added +347,480+347.5k
ROYCE & ASSOCIATES LP Added +156,059+156.1k
UBS Group AG Added +87,730+87.7k
MILLENNIUM MANAGEMENT LLC Added +83,633+83.6k
Balyasny Asset Management L.P. New +62,934+62.9k
GOLDMAN SACHS GROUP INC Added +61,886+61.9k
D. E. Shaw & Co., Inc. Added +60,516+60.5k
WESTWOOD HOLDINGS GROUP INC Added +52,787+52.8k
Villanova Investment Management Co LLC New +50,625+50.6k

Biggest sellers

Ophir Asset Management Pty Ltd Sold out -532,816-532.8k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -356,851-356.9k
JPMORGAN CHASE & CO Reduced -350,222-350.2k
Invesco Ltd. Reduced -317,603-317.6k
Rockefeller Capital Management L.P. Reduced -273,606-273.6k
MORGAN STANLEY Reduced -254,162-254.2k
SHAPIRO CAPITAL MANAGEMENT LLC Reduced -218,885-218.9k
Boston Trust Walden Corp Reduced -214,013-214.0k
Aberdeen Group plc Reduced -138,532-138.5k
Simcoe Capital Management, LLC Reduced -137,400-137.4k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +1.4 pts · filed 2026-04-28 15.2% +1.4 pts 3.9m≈ $162.9m 2026-04-28

Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (5.0%, 2026-07-31), VANGUARD GROUP INC (0.0%, 2026-03-26)

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
505Q1 24: 0 buyingQ1 24: 3 sellingQ2 24: 0 buyingQ2 24: 5 sellingQ2 24Q3 24: 0 buyingQ3 24: 5 sellingQ4 24: 0 buyingQ4 24: 3 sellingQ4 24Q1 25: 1 buyingQ1 25: 1 sellingQ2 25: 0 buyingQ2 25: 4 sellingQ2 25Q3 25: 0 buyingQ3 25: 2 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—3$19.0m$2.6m
Q2 20240—5$64.3m$2.3m
Q3 20240—5$22.2m$2.9m
Q4 20240—3$17.7m$3.9m
Q1 20251$48.9k1$1.3m$1.3m
Q2 20250—4$5.1m$2.7m
Q3 20250—2$1.5m$1.1m
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,946,1003.9m $184.2m $184.2m 0.00% Reduced -61.3k -61,337
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,830,7881.8m $85.5m $85.5m 0.00% Reduced -36.4k -36,445
3 Thrivent Financial for Lutherans 0.10% of their portfolio Minneapolis, MN 1,238,9431.2m $57.8m $57.8m 0.10% Added +1.6k +1,637
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,205,3831.2m $56.3m $56.3m 0.00% Reduced -11.8k -11,840
5 Simcoe Capital Management, LLC 8.77% of their portfolio NEW YORK, NY 1,049,7901.0m $49.0m $49.0m 8.77% Reduced -137.4k -137,400
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,047,5361.0m $48.9m $48.9m 0.00% Reduced -254.2k -254,162
7 Alberta Investment Management Corp 0.25% of their portfolio EDMONTON, A0 879,600879.6k $41.1m $41.1m 0.25% Added +529.6k +529,600
8 Mawer Investment Management Ltd. 0.22% of their portfolio CALGARY, A0 859,565859.6k $40.1m $40.1m 0.22% Reduced -4.1k -4,064
9 WESTWOOD HOLDINGS GROUP INC 0.30% of their portfolio DALLAS, TX 778,301778.3k $36.3m $36.3m 0.30% Added +52.8k +52,787
10 RICE HALL JAMES & ASSOCIATES, LLC 1.97% of their portfolio San Diego, CA 765,939765.9k $35.8m $35.8m 1.97% Added +6.9k +6,871
11 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 696,686696.7k $32.5m $32.5m 0.01% Reduced -3.2k -3,217
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 609,652609.7k $28.5m $28.5m 0.00% Reduced -20.8k -20,756
13 ROYCE & ASSOCIATES LP 0.28% of their portfolio New York, NY 590,136590.1k $27.6m $27.6m 0.28% Added +156.1k +156,059
14 FULLER & THALER ASSET MANAGEMENT, INC. 0.05% of their portfolio SAN MATEO, CA 580,828580.8k $27.1m $27.1m 0.05% Added +347.5k +347,480
15 FRONTIER CAPITAL MANAGEMENT CO LLC 0.28% of their portfolio Boston, MA 572,273572.3k $26.7m $26.7m 0.28% Reduced -5.1k -5,082
16 Boston Trust Walden Corp 0.18% of their portfolio BOSTON, MA 519,908519.9k $24.3m $24.3m 0.18% Reduced -214.0k -214,013
17 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio CHICAGO, IL 518,833518.8k $24.2m $24.2m 0.07% Added +41.0k +40,968
18 SHAPIRO CAPITAL MANAGEMENT LLC 1.21% of their portfolio ATLANTA, GA 492,481492.5k $23.0m $23.0m 1.21% Reduced -218.9k -218,885
19 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 485,156485.2k $22.7m $22.7m 0.01% Reduced -54.5k -54,491
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 417,890417.9k $19.5m $19.5m 0.00% Reduced -75.7k -75,725
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 391,920391.9k $18.3m $18.3m 0.00% Added +27 +27
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 366,378366.4k $17.1m $17.1m 0.00% Reduced -350.2k -350,222
23 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 293,764293.8k $13.7m $13.7m 0.02% Added +22.1k +22,093
24 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.04% of their portfolio DENVER, CO 245,674245.7k $11.5m $11.5m 0.04% Unchanged
25 Access Investment Management LLC 3.04% of their portfolio ATLANTA, GA 219,645219.6k $11.3m $11.3m 3.04% Unchanged
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 199,366199.4k $9.3m $9.3m 0.00% Added +61.9k +61,886
27 WINMILL & CO. INC 2.44% of their portfolio WALPOLE, NH 195,859195.9k $9.1m $9.1m 2.44% Reduced -47.1k -47,141
28 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 191,663191.7k $8.9m $8.9m 0.01% Reduced -138.5k -138,532
29 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 172,959173.0k $8.1m $8.1m 0.01% Added +60.5k +60,516
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 162,648162.6k $7.6m $7.6m 0.00% Reduced -8.7k -8,730
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 151,828151.8k $7.1m $7.1m 0.00% Reduced -13.0k -13,029
32 Marathon Asset Management Ltd 0.24% of their portfolio London, X0 136,182136.2k $6.4m $6.4m 0.24% Reduced -13.2k -13,230
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 134,365134.4k $6.3m $6.3m 0.00% Added +87.7k +87,730
34 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 126,713126.7k $5.9m $5.9m 0.00% Reduced -6.1k -6,125
35 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 109,489109.5k $5.1m $5.1m 0.01% Added +20.9k +20,882
36 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 102,969103.0k $4.8m $4.8m 0.01% Reduced -20.0k -19,972
37 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 91,85191.9k $4.3m $4.3m 0.01% Reduced -15.4k -15,437
38 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 91,37091.4k $4.3m $4.3m 0.00% Added +83.6k +83,633
39 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 86,73986.7k $4.0m $4.0m 0.00% Reduced -317.6k -317,603
40 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 83,85283.9k $3.9m $3.9m 0.00% Reduced -1.9k -1,893
41 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 81,01981.0k $3.8m $3.8m 0.00% Added +22.0k +21,955
42 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 75,99876.0k $3.5m $3.5m 0.00% Added +1.5k +1,543
43 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 73,18273.2k $3.4m $3.4m 0.00% Reduced -6.3k -6,334
44 KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio FORT WORTH, TX 72,52872.5k $3.4m $3.4m 0.01% Added +17.5k +17,534
45 ISTHMUS PARTNERS, LLC 0.37% of their portfolio MADISON, WI 71,09371.1k $3.3m $3.3m 0.37% Added +12.7k +12,679
46 GLOBEFLEX CAPITAL L P 0.49% of their portfolio SAN DIEGO, CA 68,49468.5k $3.2m $3.2m 0.49% Unchanged
47 Legal & General Group Plc 0.00% of their portfolio London, X0 68,21368.2k $3.2m $3.2m 0.00% Reduced -3.1k -3,058
48 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 65,22565.2k $3.0m $3.0m 0.01% Reduced -46 -46
49 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 62,93462.9k $2.9m $2.9m 0.01% New
50 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 61,60061.6k $2.9m $2.9m 0.00% Added +3.3k +3,251
51 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 61,29361.3k $2.8m $2.8m 0.00% Reduced -17.3k -17,341
52 Man Group plc 0.01% of their portfolio LONDON, X0 59,92459.9k $2.8m $2.8m 0.01% Reduced -8.3k -8,347
53 Bridge City Capital, LLC 0.79% of their portfolio LAKE OSWEGO, OR 57,33357.3k $2.7m $2.7m 0.79% Reduced -7.0k -7,024
54 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 56,73056.7k $2.6m $2.6m 0.00% Reduced -97.1k -97,116
55 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 53,75853.8k $2.5m $2.5m 0.01% Reduced -2.4k -2,350
56 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 52,72952.7k $2.5m $2.5m 0.00% Reduced -13.8k -13,774
57 Swiss National Bank 0.00% of their portfolio ZURICH, V8 51,60051.6k $2.4m $2.4m 0.00% Added +700 +700
58 Villanova Investment Management Co LLC 1.67% of their portfolio WAYNE, PA 50,62550.6k $2.4m $2.4m 1.67% New
59 HARBOR CAPITAL ADVISORS, INC. 0.18% of their portfolio CHICAGO, IL 50,49950.5k $2.4m $2.4m 0.18% Added +10.4k +10,355
60 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 50,14750.1k $2.3m $2.3m 0.00% Added +800 +800
61 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 49,36549.4k $2.3m $2.3m 0.00% Reduced -13.0k -13,002
62 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 48,43248.4k $2.3m $2.3m 0.00% Reduced -6.1k -6,076
63 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 46,51046.5k $2.2m $2.2m 0.00% Added +15.0k +15,011
64 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 46,11646.1k $2.2m $2.2m 0.00% Added +9.8k +9,797
65 Moran Wealth Management, LLC 0.06% of their portfolio NAPLES, FL 44,39544.4k $2.1m $2.1m 0.06% Reduced -3.1k -3,093
66 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 43,93343.9k $2.1m $2.1m 0.00% Reduced -4.6k -4,644
67 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 39,85839.9k $1.9m $1.9m 0.00% Added +1.9k +1,882
68 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 39,40039.4k $1.8m $1.8m 0.00% Reduced -73.0k -73,000
69 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 37,88637.9k $1.8m $1.8m 0.01% New
70 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 36,82936.8k $1.7m $1.7m 0.00% Reduced -356.9k -356,851
71 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 34,93234.9k $1.6m $1.6m 0.00% Reduced -1.6k -1,565
72 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 34,09134.1k $1.6m $1.6m 0.00% Added +1.2k +1,235
73 XTX Topco Ltd 0.04% of their portfolio LONDON, X0 32,18632.2k $1.5m $1.5m 0.04% Added +18.9k +18,950
74 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 29,26429.3k $1.4m $1.4m 0.00% Added +11.1k +11,136
75 Integrated Quantitative Investments LLC 0.29% of their portfolio BELLEVUE, WA 28,98029.0k $1.4m $1.4m 0.29% Added +10.2k +10,244
76 WEDGE CAPITAL MANAGEMENT L L P/NC 0.02% of their portfolio CHARLOTTE, NC 27,84727.8k $1.3m $1.3m 0.02% Reduced -268 -268
77 Legato Capital Management LLC 0.11% of their portfolio San Francisco, CA 26,78526.8k $1.3m $1.3m 0.11% Added +3.4k +3,400
78 Numerai GP LLC 0.15% of their portfolio SAN FRANCISCO, CA 26,62526.6k $1.2m $1.2m 0.15% Added +14.7k +14,662
79 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 26,40726.4k $1.2m $1.2m 0.00% Added +5.4k +5,359
80 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 26,11226.1k $1.2m $1.2m 0.00% Added +2.4k +2,360
81 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 25,86525.9k $1.2m $1.2m 0.00% Added +12.2k +12,242
82 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 25,33925.3k $1.2m $1.2m 0.00% Reduced -89 -89
83 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 24,09324.1k $1.1m $1.1m 0.00% New
84 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 22,31722.3k $1.0m $1.0m 0.00% Unchanged
85 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 22,18422.2k $1.0m $1.0m 0.01% Added +7.1k +7,104
86 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 22,15122.2k $1.0m $1.0m 0.00% Reduced -10.6k -10,594
87 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 21,47921.5k $1.0m $1.0m 0.00% Added +10.8k +10,757
88 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 20,69920.7k $966.4k $966.4k 0.00% Reduced -103 -103
89 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 20,59620.6k $961.6k $961.6k 0.00% Reduced -63 -63
90 COMERICA BANK 0.00% of their portfolio DALLAS, TX 20,28120.3k $946.9k $946.9k 0.00% Reduced -1.7k -1,743
91 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 20,20120.2k $943.2k $943.2k 0.00% Added +9.6k +9,569
92 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 19,55619.6k $913.1k $913.1k 0.00% Added +1.3k +1,300
93 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 18,12018.1k $846.0k $846.0k 0.00% Added +5.7k +5,651
94 JAMES INVESTMENT RESEARCH, INC. 0.09% of their portfolio ALPHA, OH 17,36217.4k $810.6k $810.6k 0.09% Unchanged
95 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 17,29317.3k $807.4k $807.4k 0.00% Reduced -2.2k -2,207
96 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 16,96817.0k $792.2k $792.2k 0.01% Reduced -771 -771
97 Campbell & CO Investment Adviser LLC 0.04% of their portfolio BALTIMORE, MD 16,49816.5k $770.3k $770.3k 0.04% New
98 Illinois Municipal Retirement Fund 0.01% of their portfolio OAK BROOK, IL 16,11516.1k $752.4k $752.4k 0.01% Added +2.1k +2,133
99 Laurion Capital Management LP 0.05% of their portfolio NEW YORK, NY 15,63115.6k $729.8k $729.8k 0.05% New
100 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 14,86914.9k $694.2k $694.2k 0.00% Added +849 +849