Dimensional U.S. Targeted Value

DFAT • ARCA

Dimensional U.S. Targeted Value is an exchange-traded fund on ARCA. As of Q3 2025, 711 institutional investors hold shares in this ETF, with total holdings valued at $8.7B. Creative Planning is the largest holder with a position valued at $809.5M.

Overview

Overview of institutional ownership in DFAT as of Q3 2025

All Institutions

Institutions: 711
Value Held: $8.7B
Shares Held: 149.6M
Avg Position: $12.2M
Median Position: $1.1M

Hedge Funds

Hedge Funds: 7
Value Held: $44.9M
Shares Held: 771.8K
Avg Position: $6.4M
Median Position: $227.0K

Biggest Investors

Institutions with the largest positions in DFAT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Creative Planning RIA/Wealth	Peter Alex Mallouk CEO	$809.5M 0.62% of portfolio	13.9M shares	Q2 2021 Held for 4y 5m	$130.86B
C Colony Group, LLC Institution	-	$770.9M 1.26% of portfolio	13.2M shares	Q3 2024 Held for 1y 2m	$61.0B
Forum Financial Management, LP RIA/Wealth	Nirav Rajen Batavia CIO	$567.7M 7.77% of portfolio	9.8M shares	Q4 2021 Held for 3y 11m	$7.3B
Index Fund Advisors, Inc. RIA/Wealth	Mark Thomas Hebner CEO	$379.6M 18.42% of portfolio	6.5M shares	Q4 2021 Held for 3y 11m	$2.1B
Savant Capital, LLC RIA/Wealth	Brent Raymond Brodeski CEO	$289.6M 1.53% of portfolio	5.0M shares	Q2 2021 Held for 4y 5m	$18.9B
Pure Financial Advisors, Inc. RIA/Wealth	Joseph Dennis Anderson CEO	$288.7M 4.61% of portfolio	5.0M shares	Q2 2021 Held for 4y 5m	$6.3B
Buckingham Strategic Partners RIA/Wealth	Adam Lawrence Birenbaum CEO	$254.3M 2.88% of portfolio	4.4M shares	Q4 2021 Held for 3y 11m	$8.8B
JACKSON THORNTON ASSET MANAGEMENT, LLC RIA/Wealth	Allison Hartzog Guice President	$165.6M 16.79% of portfolio	2.8M shares	Q4 2021 Held for 3y 11m	$986.1M
Asset Dedication, LLC RIA/Wealth	John Brent Burns President	$146.3M 9.83% of portfolio	2.5M shares	Q2 2021 Held for 4y 5m	$1.5B
Willow Creek Wealth Management Inc. RIA/Wealth	Steven Michael Schmitt Managing Partner	$125.3M 10.37% of portfolio	2.2M shares	Q2 2021 Held for 4y 5m	$1.2B

Net Capital Flow

Institutional buying and selling activity for DFAT in Q3 2025

Traded: −$91.1M
Buyers: 314
Sellers: 269
Total Bought: +$329.4M
Total Sold: −$420.5M
Avg Position: $11.8M

Biggest Buyers

Institution	Net Bought	Current Position
C Colony Group, LLC Institution	+$28.2M +485.2K shares	$770.9M 13.2M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$23.5M +403.3K shares	$23.5M 403.3K shares
Forum Financial Management, LP RIA/Wealth	+$23.3M +399.6K shares	$567.7M 9.8M shares
Pure Financial Advisors, Inc. RIA/Wealth	+$20.8M +357.6K shares	$288.7M 5.0M shares
Index Fund Advisors, Inc. RIA/Wealth	+$20.3M +349.1K shares	$379.6M 6.5M shares
BAKER TILLY FINANCIAL, LLC RIA/Wealth	+$19.5M +335.6K shares	$20.3M 349.6K shares
P Personal Resources Investment & Strategic Management, Inc. RIA/Wealth	+$17.3M +297.6K shares	$17.3M 297.6K shares
Parkwoods Wealth Partners, LLC RIA/Wealth	+$12.4M +212.4K shares	$49.6M 852.6K shares
Vawter Financial, Ltd. RIA/Wealth	+$8.4M +143.5K shares	$8.7M 150.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$7.8M +133.3K shares	$98.2M 1.7M shares

Biggest Sellers

Institution	Net Sold	Current Position
C CI Private Wealth, LLC RIA/Wealth	−$80.4M −1.4M shares	$51.1M 882.9K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$80.1M −1.4M shares	$30.2M 518.5K shares
RW Investment Management LLC RIA/Wealth	−$49.4M −848.4K shares	$46.5M 798.7K shares
Elser Financial Planning, Inc RIA/Wealth	−$38.6M −705.6K shares	Sold Off 0 shares
Buckingham Strategic Partners RIA/Wealth	−$28.2M −484.5K shares	$254.3M 4.4M shares
MML INVESTORS SERVICES, LLC RIA/Wealth	−$17.3M −297.4K shares	$9.7M 167.0K shares
Creative Planning RIA/Wealth	−$11.0M −188.6K shares	$809.5M 13.9M shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	−$10.5M −181.0K shares	$86.3M 1.5M shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	−$4.6M −78.3K shares	$9.4M 161.7K shares
B BRIDGE GENERATIONS WEALTH MANAGEMENT LLC RIA/Wealth	−$4.5M −78.2K shares	$17.1M 293.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited DFAT in Q3 2025

New Positions: 34
New Value: $30.8M
Exited Positions: 27
Exited Value: $44.3M

New Positions

Institution	Position Value
P Personal Resources Investment & Strategic Management, Inc. RIA/Wealth	$17.3M 297.6K shares
M My Personal CFO, LLC RIA/Wealth	$1.5M 25.7K shares
VIRTUE ASSET MANAGEMENT LLC RIA/Wealth	$1.4M 24.1K shares
International Private Wealth Advisors LLC RIA/Wealth	$1.3M 22.1K shares
B Black Swift Group, LLC RIA/Wealth	$1.2M 20.0K shares
PFG Private Wealth Management, LLC RIA/Wealth	$1.1M 19.1K shares
T Tyche Wealth Partners LLC Institution	$944.5K 16.2K shares
Massey, Quick & Co., LLC RIA/Wealth	$731.6K 12.6K shares
Discipline Wealth Solutions, LLC RIA/Wealth	$716.8K 12.3K shares
CORTLAND ASSOCIATES INC/MO RIA/Wealth	$430.5K 7.4K shares

Exited Positions

Institution	Previous Position
Elser Financial Planning, Inc RIA/Wealth	$38.6M 705.6K shares
BANNERMAN WEALTH MANAGEMENT GROUP, LLC RIA/Wealth	$835.2K 15.5K shares
S SMITH CHAS P & ASSOCIATES PA CPAS Institution	$662.1K 12.3K shares
Fort Point Capital Partners, LLC Fund of Funds	$539.6K 10.0K shares
G GREENLEAF TRUST Institution	$415.9K 7.7K shares
TOWNSQUARE CAPITAL LLC RIA/Wealth	$384.3K 7.1K shares
Cambria Investment Management, L.P. ETF Provider	$315.3K 5.8K shares
Empowered Funds, LLC ETF Provider	$315.3K 5.8K shares
T TFB Advisors LLC RIA/Wealth	$285.3K 5.3K shares
G GEM Asset Management, LLC Institution	$245.7K 4.4K shares

Options Activity

Institutions with the largest Call and Put options positions in DFAT as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with DFAT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
GREAT OAK CAPITAL PARTNERS, LLC RIA/Wealth	John Russell Noonan CCO	21.33% $81.2M	1.4M shares	Q4 2023 Held for 1y 11m	$380.8M
B BAYSHORE ASSET MANAGEMENT, LLC Institution	-	20.94% $48.8M	838.8K shares	Q4 2021 Held for 3y 11m	$233.2M
Sensible Money, LLC RIA/Wealth	Dana Marie Anspach Managing Partner	19.10% $56.2M	965.6K shares	Q4 2022 Held for 2y 11m	$294.2M
F Financial Harvest, LLC Institution	-	18.53% $26.9M	462.8K shares	Q4 2024 Held for 11 months	$145.4M
Index Fund Advisors, Inc. RIA/Wealth	Mark Thomas Hebner CEO	18.42% $379.6M	6.5M shares	Q4 2021 Held for 3y 11m	$2.1B
Team Hewins, LLC RIA/Wealth	Mikhael Balachov CEO	18.31% $54.2M	931.6K shares	Q4 2022 Held for 2y 11m	$296.1M
T Trust Co of the South Institution	-	17.18% $103.6M	1.8M shares	Q4 2023 Held for 1y 11m	$602.7M
Parkwoods Wealth Partners, LLC RIA/Wealth	Robert Timothy French CIO	16.93% $49.6M	852.6K shares	Q3 2024 Held for 1y 2m	$293.1M
JACKSON THORNTON ASSET MANAGEMENT, LLC RIA/Wealth	Allison Hartzog Guice President	16.79% $165.6M	2.8M shares	Q4 2021 Held for 3y 11m	$986.1M
Tumwater Wealth Management, LLC RIA/Wealth	Benjamin Carl Warren Managing Partner	15.62% $35.2M	604.0K shares	Q4 2024 Held for 11 months	$225.1M

Hedge Fund Spotlight

Discover hedge funds investing in DFAT

GABLES CAPITAL MANAGEMENT INC.

Hedge Fund • Long/Short

Portfolio ManagerJudith Cohen Neiwirth

Portfolio Value: $233.4M
Positions: 457
Last Reported: Q3 2025

Sector Allocation

Position in Dimensional U.S. Targeted Value

Market Value: $18.6K
Shares Held: 319.0
Portfolio Weight: 0.01%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$20.6M	8.84%
2 Apple AAPL	Consumer Electronics Technology	$14.7M	6.30%
3 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$13.4M	5.74%