There is a long list of 95 institutional holders of DNL within the last two holding periods in our database of 13F filers, so we've sorted through to present to you just the top 50 institutional holders of DNL by largest to smallest position reported in the institutional investor's latest 13F filing. In the institutional-holders-of-DNL table below, the initial column indicates the name of each top institutional holder of DNL, with a link to that fund's top holdings. The next columns indicate the amount of DNL stock held by each of the institutional holders of DNL, followed by the DNL position size held by the institution, and finally the date of the quarterly 13F filing period the holdings data represents for that institution.

Holder	Amount	Position Size ($ in 1000's)	As of
Morgan Stanley	1,256,014	$46,460	12/31/2023
DNL	1,256,014	$46,460	12/31/2023
Bank of America Corp DE	1,069,074	$39,545	12/31/2023
DNL	1,069,074	$39,545	12/31/2023
Wells Fargo & Company MN	872,683	$32,281	12/31/2023
DNL	872,683	$32,281	12/31/2023
Ameriprise Financial Inc.	809,318	$29,942	12/31/2023
DNL	809,318	$29,942	12/31/2023
CWM LLC	764,645	$29,737	03/31/2024
DNL	764,645	$29,737	03/31/2024
UBS Group AG	765,951	$28,333	12/31/2023
DNL	765,951	$28,333	12/31/2023
Private Advisor Group LLC	633,101	$23,418	12/31/2023
DNL	633,101	$23,418	12/31/2023
Royal Bank of Canada	601,345	$22,244	12/31/2023
DNL	601,345	$22,244	12/31/2023
LPL Financial LLC	575,769	$21,298	12/31/2023
DNL	575,769	$21,298	12/31/2023
Legacy Financial Advisors Inc.	441,010	$16,313	12/31/2023
DNL	441,010	$16,313	12/31/2023
Commonwealth Equity Services LLC	433,305	$16,028	12/31/2023
DNL	433,305	$16,028	12/31/2023
360 Financial Inc.	391,940	$14,498	12/31/2023
DNL	391,940	$14,498	12/31/2023
Key Financial Inc	391,275	$14,473	12/31/2023
DNL	391,275	$14,473	12/31/2023
BIP Wealth LLC	279,688	$10,346	12/31/2023
DNL	279,688	$10,346	12/31/2023
Jane Street Group LLC	273,437	$10,114	12/31/2023
DNL	273,437	$10,114	12/31/2023
Cedrus LLC	176,216	$6,853	03/31/2024
DNL	176,216	$6,853	03/31/2024
Captrust Financial Advisors	176,518	$6,529	12/31/2023
DNL	176,518	$6,529	12/31/2023
Systelligence LLC	166,578	$6,478	03/31/2024
DNL	166,578	$6,478	03/31/2024
Equitable Holdings Inc.	157,174	$5,814	12/31/2023
DNL	157,174	$5,814	12/31/2023
JPMorgan Chase & Co.	156,841	$5,802	12/31/2023
DNL	156,841	$5,802	12/31/2023
ShoreHaven Wealth Partners LLC	153,858	$5,691	12/31/2023
DNL	153,858	$5,691	12/31/2023
Kestra Advisory Services LLC	132,068	$4,885	12/31/2023
DNL	132,068	$4,885	12/31/2023
Envestnet Asset Management Inc.	118,972	$4,401	12/31/2023
DNL	118,972	$4,401	12/31/2023
Baird Financial Group Inc.	111,097	$4,109	12/31/2023
DNL	111,097	$4,109	12/31/2023
Cetera Advisor Networks LLC	108,380	$4,009	12/31/2023
DNL	108,380	$4,009	12/31/2023
Raymond James Financial Services Advisors Inc.	89,589	$3,484	03/31/2024
DNL	89,589	$3,484	03/31/2024
Breakwater Capital Group	79,127	$3,077	03/31/2024
DNL	79,127	$3,077	03/31/2024
Sentinel Pension Advisors Inc.	78,602	$2,908	12/31/2023
DNL	78,602	$2,908	12/31/2023
Ieq Capital LLC	76,836	$2,842	12/31/2023
DNL	76,836	$2,842	12/31/2023
Level Four Advisory Services LLC	71,262	$2,636	12/31/2023
DNL	71,262	$2,636	12/31/2023
NewEdge Wealth LLC	69,876	$2,585	12/31/2023
DNL	69,876	$2,585	12/31/2023
Collaborative Wealth Managment Inc.	65,897	$2,438	12/31/2023
DNL	65,897	$2,438	12/31/2023
IHT Wealth Management LLC	58,304	$2,157	12/31/2023
DNL	58,304	$2,157	12/31/2023
Envestnet Portfolio Solutions Inc.	55,161	$2,040	12/31/2023
DNL	55,161	$2,040	12/31/2023
Ameritas Advisory Services LLC	54,114	$2,002	12/31/2023
DNL	54,114	$2,002	12/31/2023
Vertex Planning Partners LLC	52,654	$1,948	12/31/2023
DNL	52,654	$1,948	12/31/2023
Cambridge Investment Research Advisors Inc.	47,989	$1,866	03/31/2024
DNL	47,989	$1,866	03/31/2024
Mainstay Capital Management LLC ADV	48,257	$1,785	12/31/2023
DNL	48,257	$1,785	12/31/2023
Well Done LLC	41,176	$1,601	03/31/2024
DNL	41,176	$1,601	03/31/2024
HighTower Advisors LLC	42,395	$1,569	12/31/2023
DNL	42,395	$1,569	12/31/2023
Financial Strategies Group Inc.	37,921	$1,481	03/31/2024
DNL	37,921	$1,481	03/31/2024
OLD Mission Capital LLC	40,023	$1,480	12/31/2023
DNL	40,023	$1,480	12/31/2023
Stifel Financial Corp	39,308	$1,454	12/31/2023
DNL	39,308	$1,454	12/31/2023
Raymond James & Associates	35,867	$1,395	03/31/2024
DNL	35,867	$1,395	03/31/2024
Integrated Wealth Concepts LLC	30,855	$1,141	12/31/2023
DNL	30,855	$1,141	12/31/2023
Tectonic Advisors LLC	30,573	$1,131	12/31/2023
DNL	30,573	$1,131	12/31/2023
Stratos Wealth Partners LTD.	25,494	$991	03/31/2024
DNL	25,494	$991	03/31/2024
Howard Wealth Management LLC	26,317	$973	12/31/2023
DNL	26,317	$973	12/31/2023
Avantax Advisory Services Inc.	23,143	$856	12/31/2023
DNL	23,143	$856	12/31/2023
WealthPlan Investment Management LLC	21,920	$811	12/31/2023
DNL	21,920	$811	12/31/2023