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$DD
$136.25 -$0.30 (0.22%) Close

Ownership

13F as of Q2 2026 · 135.0M shares outstanding

Who owns DD?

By type of holder
Institutions 78.5% Insiders 0.4% Everyone else 21.1%
Concentration Top 10 holders own 35.8%
BlackRock, Inc. 7.9% · Vanguard Capital Management LLC 6.6%
Institutional ownership
78.5%
-21.5 pts vs last qtr
Institutional holders
1,115
-112 vs last qtr
Net shares bought
−211.5M
by institutions in Q2 2026
New / sold out
92 / 204
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Norges Bank NEW +920.2K
  • Holocene Advisors, LP NEW +445.8K

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Biggest sellers in Q2 2026
  • BlackRock, Inc. −20.5M
  • Vanguard Capital Management LLC −17.7M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$3.67M
4 notices from 3 people
Shares covered
89.9K
0.07% of the company
Arranged in advance
0%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$1.5M$3.0MNov 2025: $594.6K without a planNovDec 2025: $3.0M without a planDecJan 2026: $79.7K without a planJanFebMarAprMayJunJulAugSepOct
Largest proposed sellers
  • Larrabee Steven P. Officer $3.07M
  • Koch Lori Officer $356K

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Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025
+12.0%
+1.26% a year
Each share's claim on the business
−10.7%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
$11B vs $226M
over 10 fiscal years
Diluted shares, split-adjusted
120.9M189.4M258.0M2016: 124.7M shares'162017: 177.4M shares'172018: 255.4M shares'182019: 248.5M shares'192020: 244.9M shares'202021: 181.2M shares'212022: 166.3M shares'222023: 149.8M shares'232024: 139.6M shares'242025: 139.6M shares'25
Buybacks Stock-based comp
$0$2.21B$4.42B2016 buybacks: $916.0M2016 stock comp: $0'162017 buybacks: $1.0B2017 stock comp: $0'172018 buybacks: $4.42B2018 stock comp: $0'182019 buybacks: $2.33B2019 stock comp: $0'192020 buybacks: $232.0M2020 stock comp: $0'202021 buybacks: $2.14B2021 stock comp: $0'212022 buybacks: $02022 stock comp: $75.0M'222023 buybacks: $02023 stock comp: $57.0M'232024 buybacks: $02024 stock comp: $56.0M'242025 buybacks: $02025 stock comp: $38.0M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years84% 3–5 years3% 1–3 years6% Under 1 year8%
Quarterly turnover
34.2%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting DD on Form 13F
B
BlackRock, Inc.
Shares
10.6M
% of company
7.88%
Change vs last qtr
−20.5M (−65.9%)
Held since
≤2021
VC
Vanguard Capital Management LLC
Shares
8.9M
% of company
6.62%
Change vs last qtr
−17.7M (−66.4%)
Held since
≤2021

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Institutional Funds

Mutual funds and ETFs reporting DD on Form N-PORT; together they hold 41.2% of the company
VT
Position value
$588M
% of company
3.21%
% of the fund
0.03%
As of
June 30, 2026
V5
Vanguard Index Funds
Position value
$480M
% of company
2.62%
% of the fund
0.03%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
BE
Breen Edward D
Insider
Shares
120.9K
% of company
0.09%
Change vs last qtr
—
Held since
—
KL
Koch Lori
Insider
Shares
114.9K
% of company
0.09%
Change vs last qtr
—
Held since
—

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