DREAM FINDERS HOMES INC DFH
COM CL A · Common Stock · CUSIP 26154D100 · ISIN US26154D1000
- SectorIndustrials
- IndustryOperative Builders
- HeadquartersJacksonville, FL
- FilingsSEC EDGAR
* 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 ($170.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.13. Options: 7 managers hold calls ($3.5m notional), 7 hold puts ($5.7m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 88 |
| Q4 2022 | 93 |
| Q1 2023 | 95 |
| Q2 2023 | 111 |
| Q3 2023 | 139 |
| Q4 2023 | 185 |
| Q1 2024 | 213 |
| Q2 2024 | 185 |
| Q3 2024 | 196 |
| Q4 2024 | 192 |
| Q1 2025 | 198 |
| Q2 2025 | 201 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 80 | 44 |
| Q4 2023 | 111 | 57 |
| Q1 2024 | 123 | 83 |
| Q2 2024 | 97 | 116 |
| Q3 2024 | 98 | 92 |
| Q4 2024 | 117 | 85 |
| Q1 2025 | 111 | 85 |
| Q2 2025 | 125 | 78 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $4.2m | $2.5m | 0.60 |
| Q4 2024 | $292.9k | $1.3m | 4.55 |
| Q1 2025 | $3.0m | $2.6m | 0.88 |
| Q2 2025 | $3.5m | $5.7m | 1.61 |
Biggest buyers
| MARSHALL WACE, LLP | New | +492.9k |
| COOKE & BIELER LP | Added | +280.5k |
| Elgethun Capital Management | Added | +269.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +207.0k |
| BlackRock, Inc. | Added | +91.5k |
| Rockefeller Capital Management L.P. | Added | +84.1k |
| UBS Group AG | Added | +76.9k |
| WELLS FARGO & COMPANY/MN | Added | +69.8k |
| Quantbot Technologies LP | Added | +50.4k |
| Epoch Investment Partners, Inc. | New | +49.7k |
Biggest sellers
| Arcus Capital Partners, LLC | Reduced | -266.4k |
| HENNESSY ADVISORS INC | Sold out | -211.5k |
| Invesco Ltd. | Reduced | -209.6k |
| MORGAN STANLEY | Reduced | -205.2k |
| FIRST TRUST ADVISORS LP | Sold out | -169.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -153.4k |
| Brandywine Global Investment Management, LLC | Sold out | -130.1k |
| CITADEL ADVISORS LLC | Reduced | -126.7k |
| TOWNSQUARE CAPITAL LLC | Reduced | -121.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -96.3k |
Biggest calls
| Hudson Bay Capital Management LP | Unchanged | $1.7m68.5k shares |
| CITADEL ADVISORS LLC | Added | $756.4k30.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $645.8k25.7k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $351.8k14.0k shares |
| GROUP ONE TRADING LLC | Reduced | $47.7k1.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.0k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $2.7m107.6k shares |
| Hudson Bay Capital Management LP | Unchanged | $1.7m68.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $600.6k23.9k shares |
| SIMPLEX TRADING, LLC | Added | $409.0k16.3k shares |
| WOLVERINE TRADING, LLC | New | $222.6k8.8k shares |
| GROUP ONE TRADING LLC | Added | $30.2k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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.
| Holder | Stake |
|---|---|
| Zalupski Patrick O. 13G · exempt (held before listing) +1.0 pts · filed 2026-05-08 | 65.3% |
| BlackRock, Inc. 13G · institution +1.2 pts · filed 2026-10-27 | 13.4% |
| Lovett William Radford II 13G · exempt (held before listing) -1.4 pts · filed 2026-08-13 | 9.7% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.1% |
Fell to 5% or below in the last year: COOKE & BIELER LP (4.6%, 2026-10-23), KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC (9.1%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 2 | $1.3m | — |
| Q4 2023 | 0 | — | 3 | $7.7m | $7.7m |
| Q1 2024 | 0 | — | 5 | $19.0m | $13.7m |
| Q2 2024 | 0 | — | 1 | $8.3m | $8.3m |
| Q3 2024 | 0 | — | 2 | $19.3m | $15.9m |
| Q4 2024 | 0 | — | 2 | $19.5m | $19.5m |
| Q1 2025 | 0 | — | 3 | $4.7m | $1.1m |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.36% of their portfolio | 5.9m $148.9m | Reduced -76.4k |
| BlackRock, Inc. 0.00% of their portfolio | 4.5m $113.2m | Added +91.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.1m $78.2m | Added +9.0k |
| COOKE & BIELER LP 0.62% of their portfolio | 2.5m $61.8m | Added +280.5k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 2.0m $51.1m | Reduced -70.9k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $34.9m | Reduced -22.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.0m $26.4m | Added +207.0k |
| Arcus Capital Partners, LLC 10.49% of their portfolio | 964.9k $24.2m | Reduced -266.4k |
| Fenimore Asset Management Inc 0.35% of their portfolio | 688.3k $17.3m | Added +22.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 685.4k $17.2m | Added +46.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 533.3k $13.4m | Added +69.8k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 492.9k $12.4m | New |
| Elgethun Capital Management 2.30% of their portfolio | 454.1k $11.4m | Added +269.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 366.4k $9.2m | Reduced -153.4k |
| Invesco Ltd. 0.00% of their portfolio | 314.0k $7.9m | Reduced -209.6k |
| DENALI ADVISORS LLC 0.82% of their portfolio | 313.8k $7.9m | Added +36.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 305.8k $7.7m | Added +37.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 289.1k $7.3m | Added +23.2k |
| MORGAN STANLEY 0.00% of their portfolio | 233.5k $5.9m | Reduced -205.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 221.7k $5.6m | Added +13.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 213.5k $5.4m | Added +44.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 208.4k $5.2m | Added +17.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 191.6k $4.8m | Added +4.3k |
| Bretton Capital Management, LLC 3.87% of their portfolio | 170.5k $4.3m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 164.4k $4.1m | Added +76.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 160.1k $4.0m | Added +6.1k |
| De Lisle Partners LLP 0.53% of their portfolio | 150.5k $3.8m | Unchanged |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 0.64% of their portfolio | 136.5k $3.4m | Added +2.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 125.3k $3.1m | Reduced -30.1k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 123.6k $3.1m | Added +84.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 123.3k $3.1m | Added +1.4k |
| Davidson Kahn Capital Management, LLC 1.72% of their portfolio | 106.3k $2.7m | Added +8.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 99.6k $2.5m | Added +10.2k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 97.7k $2.5m | Added +10.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 97.3k $2.4m | Added +12.9k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 84.9k $2.1m | Added +12.4k |
| Daiwa Securities Group Inc. 0.01% of their portfolio | 84.4k $2.1m | Added +8.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 82.9k $2.1m | Added +7.2k |
| BARCLAYS PLC 0.00% of their portfolio | 79.8k $2.0m | Reduced -7.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 75.7k $1.9m | Added +11.3k |
| Legal & General Group Plc 0.00% of their portfolio | 74.8k $1.9m | Reduced -283 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 71.5k $1.8m | Added +31.6k |
| JACKSON SQUARE CAPITAL, LLC 0.39% of their portfolio | 70.0k $1.8m | Unchanged |
| Quantbot Technologies LP 0.05% of their portfolio | 69.9k $1.8m | Added +50.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 69.9k $1.8m | Reduced -29.8k |
| Nuveen, LLC 0.00% of their portfolio | 69.3k $1.7m | Reduced -7.9k |
| CITIGROUP INC 0.00% of their portfolio | 59.8k $1.5m | Reduced -6.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 58.0k $1.5m | Added +10.9k |
| Swiss National Bank 0.00% of their portfolio | 55.4k $1.4m | Unchanged |
| Epoch Investment Partners, Inc. 0.01% of their portfolio | 49.7k $1.2m | New |
| ISLAY CAPITAL MANAGEMENT, LLC 0.78% of their portfolio | 48.4k $1.2m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 46.4k $1.2m | Added +12.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 43.9k $1.1m | Added +23.9k |
| Aquatic Capital Management LLC 0.02% of their portfolio | 43.5k $1.1m | Added +17.1k |
| COMMONS CAPITAL, LLC 0.81% of their portfolio | 42.1k $1.1m | Added +30.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 41.0k $1.0m | Added +30.8k |
| M&T Bank Corp 0.00% of their portfolio | 40.1k $1.0m | Added +6.5k |
| PDT Partners, LLC 0.06% of their portfolio | 39.5k $992.5k | Reduced -39.5k |
| Giverny Capital Inc. 0.03% of their portfolio | 32.2k $809.2k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 31.4k $788.9k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 31.2k $784.2k | Reduced -126.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 31.0k $779.5k | Reduced -27.3k |
| NORDEN GROUP LLC 0.08% of their portfolio | 29.9k $751.8k | Added +4.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 29.9k $835.2k | Added +3.0k |
| Jump Financial, LLC 0.01% of their portfolio | 25.9k $651.2k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 25.8k $648.7k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 24.9k $624.5k | Unchanged |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 23.3k $584.5k | Added +3.8k |
| Portside Wealth Group, LLC 0.09% of their portfolio | 23.1k $581.1k | Added +2.3k |
| SummitTX Capital, L.P. 0.03% of their portfolio | 23.0k $579.1k | Reduced -27.0k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 23.0k $579.0k | Added +6.0k |
| US BANCORP \DE\ 0.00% of their portfolio | 23.0k $578.6k | Added +1.1k |
| West Tower Group, LLC 1.25% of their portfolio | 23.0k $578.0k | Reduced -23.0k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 22.8k $572.4k | Added +13.4k |
| Index Fund Advisors, Inc. 0.03% of their portfolio | 22.8k $572.4k | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 22.4k $561.7k | Added +921 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 22.2k $558.5k | Reduced -2.2k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 22.1k $556.0k | Reduced -6.6k |
| Versor Investments LP 0.10% of their portfolio | 21.6k $542.5k | New |
| ANCHOR CAPITAL ADVISORS LLC 0.02% of their portfolio | 21.2k $533.6k | Reduced -1.4k |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 21.2k $531.8k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 21.1k $530.0k | Added +950 |
| &PARTNERS 0.00% of their portfolio | 19.1k $481.2k | Added +3.2k |
| Callan Family Office, LLC 0.02% of their portfolio | 19.1k $479.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 18.2k $458.4k | Reduced -21.2k |
| DHK Financial Advisors, Inc. 0.26% of their portfolio | 17.8k $446.8k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 17.3k $435.1k | Added +2.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 17.2k $431.8k | Added +157 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 17.1k $428.0k | Added +1.9k |
| Jackson Creek Investment Advisors LLC 0.11% of their portfolio | 17.0k $426.0k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 16.5k $415.7k | Reduced -54 |
| Atria Investments, Inc 0.00% of their portfolio | 16.4k $412.7k | Added +1.2k |
| Precision Wealth Strategies, LLC 0.13% of their portfolio | 16.2k $407.9k | Added +1.1k |
| ALPS ADVISORS INC 0.00% of their portfolio | 15.1k $380.6k | Added +183 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 15.1k $380.0k | Added +2.8k |
| Illinois Municipal Retirement Fund 0.00% of their portfolio | 13.4k $337.9k | Reduced -186 |
| Dynamic Technology Lab Private Ltd 0.05% of their portfolio | 13.4k $338.0k | Reduced -7.4k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 13.4k $336.7k | Added +500 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 13.3k $334.2k | Reduced -96.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 13.2k $330.9k | Reduced -10.3k |