Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

State Str Spdr Dow Jones Ind (DIA)

1K + Investors. Track Smart Money conviction in DIA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -12
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — DIA

Based on 1367 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DIA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
1,367 hedge funds hold DIA 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.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+146 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

558 buying562 selling
Last quarter: 558 funds bought or added vs 562 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 (-62 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 140 → 105 → 183 → 121. 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.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 16% new
875 out of 1,367 hedge funds have held DIA 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.
📈

Growing discovery — still being found

101 → 140 → 105 → 183 → 121 new funds/Q
New funds entering each quarter: 140 → 105 → 183 → 121. A growing number of institutions are discovering DIA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 21% newcomers

■ 66% veterans ■ 13% 1-2yr ■ 21% new
Entry-cohort mix of 1,420 holders: 939 (66%) are 2+ year veterans, 189 entered 1–2 years ago, and 292 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds
39 of 1357 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in DIA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — DIA

In 2026 Q1, 558 hedge funds were net buyers of DIA (121 opened a new position, 437 added to an existing one), while 562 reduced or exited (429 trimmed, 133 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 65% of total institutional value in DIA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 1367.

Hedge Fund Ownership: DIA

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

Market Analysis: DIA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DIA

-- --

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

Is It Too Late to Buy State Str Spdr Dow Jones Ind (DIA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DIA has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 45d ago
DIA
+3.0%
SPY
+3.4%

DIA outperformed SPY by -0.4% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 0d ago
DIA
+0.0%
SPY
+0.0%

Since the filing became public, DIA outperformed SPY by +0.0% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

43 top-rated funds 39 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
5.4
/ 10
conviction
Hedge Fund Positioning: DIA
2026 Q2 Stats Unlock in 5 days 1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1357 1379 -1.6%
13F Shares 56M 61M -7.4%
Total Value $25.78B $29.34B -12.13%
New Positions 121 183 -62
Increased Positions 420 431 -11
Closed Positions 133 78 +55
Reduced Positions 420 388 +32
Total Calls 25 19 31.58%
Total Puts 35 27 29.63%
PUT/CALL Ratio 1.4 1.42 Bearish

Statistics: DIA

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

1K + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 DIA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Thor Trading Advisors, LLC 22.05% 134,499 $70.3M
2 Better Way Financial, LLC 19.77% 44,732 $23.4M
3 Financial Concepts Unlimited, Inc. 14.98% 36,569 $19.1M
4 Arkansas Financial Group, INC. 14.52% 213,367 $111.5M
5 TCM Advisors, LLC 12.45% 310,500 $162.2M
6 Cm Wealth Advisors LLC 10.05% 106,644 $55.7M
7 Mine & Arao Wealth Creation & Management, LLC. 9.86% 52,051 $27.2M
8 Berkshire Money Management, Inc. 9.75% 204,256 $106.7M
9 StoryOne LLC 9.75% 39,490 $20.6M
10 Jacksonville Wealth Management, LLC 8.11% 27,441 $14.3M
11 Latko Wealth Management, Ltd. 7.57% 34,130 $17.8M
12 Washington Capital Management, Inc 7.41% 21,499 $11.2M
13 Timbuktu Capital Management, LLC 6.88% 8,761 $4.6M
14 Capital Advisor Network LLC 6.65% 10,170 $5.3M
15 TCP Asset Management, LLC 6.62% 111,749 $58.4M
16 FOCUS Wealth Advisors, LLC 5.90% 24,377 $12.7M
17 Shulman DeMeo Asset Management LLC 5.84% 59,768 $31.2M
18 Chung Wu Investment Group, LLC 5.30% 15,435 $8.1M
19 MKT Advisors LLC 4.99% 30,396 $16.1M
20 Reyes Financial Architecture, Inc. 4.87% 16,642 $8.7M
21 Washburn Capital Management, INC. 4.54% 17,637 $9.2M
22 Lynch Investment Planning, LLC 4.41% 10,954 $5.7M
23 Echo45 Advisors LLC 4.41% 16,326 $8.5M
24 GenWealth Group, Inc. 4.38% 53,785 $28.1M
25 Littlejohn Financial Services, INC. 4.19% 11,048 $5.8M
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 — State Str Spdr Dow Jones Ind (DIA)

What does the Smart Money Trend signal show for DIA?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DIA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for DIA?

Slight buying edge — 50% buying: Last quarter: 558 funds bought or added vs 562 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 DIA holders?

Elite ownership — 65% AUM from top-100 funds: 39 of 1357 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in DIA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DIA?

64% of holders stayed for 2+ years: 875 out of 1,367 hedge funds have held DIA 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 State Str Spdr Dow Jones Ind (DIA) following the 2026 Q2 hedge fund 13F filings?

As of today, DIA has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), DIA has gained +3.0% vs +3.4% 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.

Full history →