Dimensional Emerging Markets Core Equity 2

DFEM • ARCA

Dimensional Emerging Markets Core Equity 2 is an exchange-traded fund on ARCA. As of Q3 2025, 462 institutional investors hold shares in this ETF, with total holdings valued at $5.2B. Forum Financial Management, LP is the largest holder with a position valued at $552.8M.

Overview

Overview of institutional ownership in DFEM as of Q3 2025

All Institutions

Institutions: 462
Value Held: $5.2B
Shares Held: 163.5M
Avg Position: $11.4M
Median Position: $2.6M

Hedge Funds

Hedge Funds: 6
Value Held: $20.4M
Shares Held: 635.4K
Avg Position: $3.4M
Median Position: $1.4M

Biggest Investors

Institutions with the largest positions in DFEM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Forum Financial Management, LP RIA/Wealth	Nirav Rajen Batavia CIO	$552.8M 7.56% of portfolio	17.2M shares	Q2 2022 Held for 3y 5m	$7.3B
C Colony Group, LLC Institution	-	$236.2M 0.39% of portfolio	7.4M shares	Q3 2024 Held for 1y 2m	$61.0B
Buckingham Strategic Partners RIA/Wealth	Adam Lawrence Birenbaum CEO	$195.7M 2.22% of portfolio	6.0M shares	Q3 2022 Held for 3y 2m	$8.8B
C CI Private Wealth, LLC RIA/Wealth	Kurt Macalpine CEO	$184.6M 0.29% of portfolio	5.7M shares	Q4 2022 Held for 2y 11m	$63.4B
Sequoia Financial Advisors, LLC RIA/Wealth	Thomas Arthur Haught CEO	$156.8M 0.96% of portfolio	4.9M shares	Q4 2022 Held for 2y 11m	$16.4B
Truepoint, Inc. RIA/Wealth	Michael Jay Chasnoff CEO	$142.4M 3.31% of portfolio	4.4M shares	Q3 2022 Held for 3y 2m	$4.3B
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	$117.8M 0.13% of portfolio	3.7M shares	Q2 2022 Held for 3y 5m	$87.7B
Parcion Private Wealth LLC RIA/Wealth	Terrance Leo Cook Managing Partner	$88.0M 5.62% of portfolio	2.7M shares	Q2 2023 Held for 2y 5m	$1.6B
Savant Capital, LLC RIA/Wealth	Brent Raymond Brodeski CEO	$82.9M 0.44% of portfolio	2.6M shares	Q4 2022 Held for 2y 11m	$18.9B
Asset Dedication, LLC RIA/Wealth	John Brent Burns President	$82.6M 5.55% of portfolio	2.6M shares	Q2 2022 Held for 3y 5m	$1.5B

Net Capital Flow

Institutional buying and selling activity for DFEM in Q3 2025

Traded: +$207.3M
Buyers: 310
Sellers: 126
Total Bought: +$363.3M
Total Sold: −$156.0M
Avg Position: $11.0M

Biggest Buyers

Institution	Net Bought	Current Position
Savant Capital, LLC RIA/Wealth	+$33.2M +1.0M shares	$82.9M 2.6M shares
C Colony Group, LLC Institution	+$29.1M +907.5K shares	$236.2M 7.4M shares
BKD Wealth Advisors, LLC RIA/Wealth	+$25.3M +789.0K shares	$61.1M 1.9M shares
Beacon Pointe Advisors, LLC RIA/Wealth	+$23.2M +724.5K shares	$26.7M 831.4K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$19.9M +619.4K shares	$19.9M 619.4K shares
Forum Financial Management, LP RIA/Wealth	+$14.4M +447.9K shares	$552.8M 17.2M shares
M My Personal CFO, LLC RIA/Wealth	+$9.7M +301.4K shares	$9.7M 301.4K shares
Creative Planning RIA/Wealth	+$9.0M +280.8K shares	$14.2M 443.5K shares
Mach-1 Financial Group, Inc. RIA/Wealth	+$8.7M +270.8K shares	$8.7M 270.8K shares
Integrity Advisory Solutions, LLC RIA/Wealth	+$8.7M +270.8K shares	$8.7M 270.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
Elser Financial Planning, Inc RIA/Wealth	−$29.5M −983.0K shares	Sold Off 0 shares
C CI Private Wealth, LLC RIA/Wealth	−$26.9M −837.5K shares	$184.6M 5.7M shares
SRS Capital Advisors, Inc. RIA/Wealth	−$17.4M −586.9K shares	Sold Off 0 shares
Vestmark Advisory Solutions, Inc. Fund of Funds	−$14.6M −456.5K shares	$15.8M 491.9K shares
J JANE STREET GROUP, LLC Institution	−$10.9M −340.5K shares	$19.2M 600.0K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	−$5.3M −166.5K shares	$8.5M 264.2K shares
V Vestment Financial LLC Institution	−$4.3M −133.4K shares	$1.8M 56.2K shares
Guardian Partners Inc. RIA/Wealth	−$4.0M −124.3K shares	$9.6M 299.5K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	−$3.8M −118.7K shares	$31.0M 965.9K shares
Simplicity Wealth,LLC RIA/Wealth	−$3.7M −116.2K shares	$3.5M 110.3K shares

Entry and Exit Activity

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

New Positions: 33
New Value: $46.8M
Exited Positions: 13
Exited Value: $50.6M

New Positions

Institution	Position Value
M My Personal CFO, LLC RIA/Wealth	$9.7M 301.4K shares
Mach-1 Financial Group, Inc. RIA/Wealth	$8.7M 270.8K shares
Integrity Advisory Solutions, LLC RIA/Wealth	$8.7M 270.8K shares
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	$8.2M 256.9K shares
Foundations Investment Advisors, LLC RIA/Wealth	$3.0M 94.6K shares
MONETA GROUP INVESTMENT ADVISORS LLC RIA/Wealth	$2.0M 62.6K shares
Q Quadrature Capital Ltd Institution	$1.3M 39.2K shares
TFO-TDC, LLC RIA/Wealth	$896.4K 28.0K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$550.3K 17.2K shares
BAKER TILLY FINANCIAL, LLC RIA/Wealth	$495.5K 15.5K shares

Exited Positions

Institution	Previous Position
Elser Financial Planning, Inc RIA/Wealth	$29.5M 983.0K shares
SRS Capital Advisors, Inc. RIA/Wealth	$17.4M 586.9K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$1.4M 47.9K shares
L Lion Street Advisors, LLC RIA/Wealth	$983.4K 33.1K shares
Main Street Financial Solutions, LLC RIA/Wealth	$359.3K 12.1K shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	$346.0K 11.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$255.2K 8.6K shares
T TABLEAUX LLC Institution	$222.8K 7.7K shares
Transce3nd, LLC RIA/Wealth	$6.4K 216.0 shares
EVERMAY WEALTH MANAGEMENT LLC RIA/Wealth	$5.3K 177.0 shares

Options Activity

Institutions with the largest Call and Put options positions in DFEM 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 DFEM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Miramar Fiduciary Corp Institution	-	25.55% $32.6M	1.0M shares	Q4 2023 Held for 1y 11m	$127.5M
CAPSTONE CAPITAL WEALTH ADVISORS RIA/Wealth	Adam Moroni Dawson CEO	11.71% $17.4M	543.6K shares	Q4 2023 Held for 1y 11m	$148.9M
EnRich Financial Partners LLC RIA/Wealth	Elaine Beckett Rich Owner	11.61% $40.8M	1.3M shares	Q4 2023 Held for 1y 11m	$351.4M
N New Dimensions Wealth Management, LLC RIA/Wealth	Richard Lance Alston President	10.35% $11.8M	368.4K shares	Q1 2025 Held for 8 months	$114.1M
K Kooman & Associates RIA/Wealth	Kathryn Kooman Starkey Managing Partner	9.89% $32.1M	1.0M shares	Q4 2022 Held for 2y 11m	$324.3M
GREAT OAK CAPITAL PARTNERS, LLC RIA/Wealth	John Russell Noonan CCO	9.51% $36.2M	1.1M shares	Q4 2023 Held for 1y 11m	$380.8M
Your Advocates Ltd., LLP RIA/Wealth	Anna Rogge Banks CCO	9.41% $28.1M	875.3K shares	Q1 2023 Held for 2y 8m	$298.3M
Seaside Wealth Management, Inc. RIA/Wealth	Bradley James Lineberger President	8.94% $30.1M	939.8K shares	Q2 2023 Held for 2y 5m	$337.0M
C Cravens & Co Advisors, LLC Institution	-	8.18% $12.0M	373.7K shares	Q4 2022 Held for 2y 11m	$146.5M
BCR Wealth Strategies, LLC RIA/Wealth	Marshall Peter Rathmell Managing Partner	8.00% $18.1M	563.2K shares	Q2 2022 Held for 3y 5m	$225.7M

Hedge Fund Spotlight

Discover hedge funds investing in DFEM

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Dimensional Emerging Markets Core Equity 2

Market Value: $2.2M
Shares Held: 67.0K
Portfolio Weight: 0.00%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$4.1B	2.62%
2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%