Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in DX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 18.4M | $241.7M | +14.6% | 12.168% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 9.1M | $119.9M | +7.4% | 6.036% | 0.00% |
| 3 | MILLENNIUM MANAGEMENT LLC | 7.1M | $93.2M | +149.6% | 4.693% | 0.03% |
| 4 | MARSHALL WACE, LLP | 6.4M | $84.1M | +2918.8% | 4.233% | 0.07% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 5.6M | $73.0M | +17.4% | 3.673% | 0.00% |
| 6 | STATE STREET CORP | 5.1M | $67.9M | +12.8% | 3.375% | 0.00% |
| 7 | AMERIPRISE FINANCIAL INC | 3.3M | $43.9M | +72.1% | 2.209% | 0.01% |
| 8 | TWO SIGMA INVESTMENTS, LP | 3.0M | $38.9M | +52.1% | 1.957% | 0.03% |
| 9 | NORTHERN TRUST CORP | 2.3M | $30.4M | +30.1% | 1.532% | 0.00% |
| 10 | WELLINGTON MANAGEMENT GROUP LLP | 2.2M | $29.1M | +142.9% | 1.466% | 0.01% |
| 11 | ROYAL BANK OF CANADA | 2.2M | $28.2M | +40.7% | 1.421% | 0.00% |
| 12 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.1M | $28.0M | +3.5% | 1.407% | 0.03% |
| 13 | VICTORY CAPITAL MANAGEMENT INC | 2.1M | $27.9M | -18.3% | 1.403% | 0.02% |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.8M | $23.7M | +29.3% | 1.195% | 0.00% |
| 15 | Qube Research & Technologies Ltd | 1.8M | $23.6M | -51.4% | 1.188% | 0.02% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.8M | $23.5M | +8.9% | 1.185% | 0.00% |
| 17 | Callodine Capital Management, LP | 1.6M | $21.5M | -1.7% | 1.084% | 1.41% |
| 18 | SEGALL BRYANT & HAMILL, LLC | 1.6M | $21.5M | +6.7% | 1.081% | 0.25% |
| 19 | Invesco Ltd. | 1.5M | $19.7M | +16.2% | 0.991% | 0.00% |
| 20 | VAN ECK ASSOCIATES CORP | 1.5M | $19.5M | -2.1% | 0.980% | 0.01% |
| 21 | FMR LLC | 1.4M | $18.8M | +19.1% | 0.948% | 0.00% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 1.4M | $18.7M | +11.4% | 0.941% | 0.00% |
| 23 | UBS Group AG | 1.4M | $18.3M | +29.3% | 0.923% | 0.00% |
| 24 | MORGAN STANLEY | 1.3M | $16.8M | -2.7% | 0.845% | 0.00% |
| 25 | BALYASNY ASSET MANAGEMENT L.P. | 1.2M | $16.0M | -50.0% | 0.805% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in DX — a direct measure of their conviction.
Filings activity in DX during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new DX position in Q2 2026
Institutions that fully closed their DX position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 291 | +7.8% | 74.13% | +6.08 pp | $1.46B | +30% |
| Q1 2026 | 270 | +4.2% | 68.05% | 7.98 pp | $1.12B | +16% |
| Q4 2025 | 259 | +27% | 76.03% | +9.18 pp | $964M | +30% |
| Q3 2025 | 204 | +5.2% | 66.85% | +4.59 pp | $742M | +22% |
| Q2 2025 | 194 | 2.5% | 62.26% | +30.87 pp | $609M | +3.5% |
| Q1 2025 | 199 | +11% | 31.39% | +5.74 pp | $588M | +26% |
| Q4 2024 | 179 | +11% | 25.65% | +0.46 pp | $467M | +2.1% |
| Q3 2024 | 161 | — | 25.19% | — | $458M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying DX stock.
Based on Q2 2026 13F filings, institutional ownership of Dynex Capital, Inc. stands at 74.1%, held across 291 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of DX, with approximately 18,437,985 shares worth $0.24B as of Q2 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of DX, including MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for DX is 68 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
51 institutions opened new positions in DX during Q2 2026, while 32 fully exited. 183 added to existing positions and 48 trimmed.
DX institutional ownership rose by 6.08 percentage points quarter-over-quarter, with a net change of +21 holders.
The top 10 institutions account for 56.3% of all reported 13F value in DX, and the top 25 account for 78.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Dynex Capital, Inc. (DX) Institutional Ownership