As of November 10, 2026, 2 holders' latest Schedule 13D or 13G filings report owning 5% or more of Dillard'S, Inc. The largest reported stake is Newport Trust Company, LLC's, at 38.84%. 3 filings are on record since November 12, 2025 (Schedule 13G/A, November 12, 2025).
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Key facts
- · Reporting person: William T. Dillard, II · Sole voting: 915,179 · Shared voting: 3,678,252 · Sole dispositive: 915,179 · Shared dispositive: 3,678,252 · SCHEDULE 13D, 2026-06-05
- · Reporting person: W.D. Company, Inc. · Sole voting: 0 · Shared voting: 0 · Sole dispositive: 0 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-06-05
- · Holder: Newport Trust Company, LLC · Percent: 38.84% · SCHEDULE 13G/A
Dillard'S, Inc. has 3 Schedule 13D or 13G filings on record since 2025-11-12. 2 holders' latest filing reports 5% or more of class a common stock. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Newport Trust Company, LLC | 38.84% | 4,515,977 | SCHEDULE 13G/A, 2025-11-12 | 2025-09-30 |
| William T. Dillard, II | 31.8% | 4,593,431 | SCHEDULE 13D, 2026-06-05 | 2026-06-04 |
| W.D. Company, Inc. | 0% | 0 | SCHEDULE 13G/A, 2026-06-05 | 2026-06-04 |
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More on Dillard'S, Inc. and the records around it.
Dillard'S, Inc. elsewhere on the record
- Form D filing Jun 2026
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| William T. Dillard, II | 915,179 | 3,678,252 | 915,179 | 3,678,252 | SCHEDULE 13D, 2026-06-05 |
| Alex Dillard | 1,161,074 | 3,714,824 | 1,161,074 | 3,714,824 | SCHEDULE 13D, 2026-06-05 |
| Mike Dillard | 546,883 | 3,686,162 | 546,883 | 3,686,162 | SCHEDULE 13D, 2026-06-05 |
| W.D. Company, Inc. | 0 | 0 | 0 | 0 | SCHEDULE 13G/A, 2026-06-05 |
The latest filing identifies Dillard'S, Inc. by CUSIP 254067101 and gives its principal executive office as 1600 Cantrell Road, Little Rock, AR 72201 (SCHEDULE 13D, 2026-06-05).
Source of funds (Item 3)
In addition to the shares acquired pursuant to the Merger (as defined and disclosed in Item 4 of this Schedule 13D), each Reporting Person acquired his shares of Class A Common Stock reported in this Schedule 13D through inheritance, with personal funds, and/or as compensation from the Issuer, as applicable.William T. Dillard, II, SCHEDULE 13D, 2026-06-05
Purpose of Transaction (Item 4)
William T. Dillard, II
The information set forth in Item 6 of this Schedule 13D is incorporated herein by reference. Merger Agreement On June 4, 2026, the Issuer completed the transactions contemplated by that certain Agreement and Plan of Merger, dated as of March 20, 2026 (the "Original Merger Agreement," and as amended on March 25, 2026, the "Merger Agreement"), by and among the Issuer, W.D. Company, Inc., an Arkansas corporation ("WDC"), and Alex Dillard (solely in his capacity as the representative of the shareholders of WDC), including the merger of WDC with and into the Issuer (the "Merger"), with the Issuer surviving the Merger (collectively, the "Transactions"). WDC was a privately held Arkansas corporation that was organized as a family holding company to own and hold shares of Dillard's Common Stock (as defined below) primarily for the benefit of the Dillard family. WDC had no business operations and engaged in no business activities other than (a) owning, holding, and disposing of certain equity securities, including shares of Class A Common Stock and shares of Class B Common Stock (together, the "Dillard's Common Stock") and a de minimis amount of shares of another publicly traded common stock, and (b) receiving cash dividends from the Issuer and distributing such dividends directly to WDC's shareholders, including the Reporting Persons (the "WDC Shareholders"), in each case solely in a manner incidental to the ownership of such securities and the maintenance of WDC's corporate …The first part of Item 4 of the SCHEDULE 13D filed 2026-06-05; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-11-12 | Newport Trust Company, LLC | 38.84% | SCHEDULE 13G/A |
| 2026-06-05 | W.D. Company, Inc. | 0% | SCHEDULE 13G/A |
| 2026-06-05 | William T. Dillard, II | 31.8% | SCHEDULE 13D |
Questions about who owns Dillard'S, Inc.
Who owns Dillard'S, Inc.?
On this page, 2 holders' latest ownership filings report 5% or more of Dillard'S, Inc.: Newport Trust Company, LLC (38.84%, Schedule 13G/A, filed 2025-11-12) and William T. Dillard, II (31.8%, Schedule 13D, filed 2026-06-05).
Who are the largest shareholders of Dillard'S, Inc.?
By the share each holder's latest filing reports, the largest holders of Dillard'S, Inc. on this page are Newport Trust Company, LLC (38.84%) and William T. Dillard, II (31.8%).
When did Newport Trust Company, LLC buy into Dillard'S, Inc.?
The filings give report dates, not purchase dates. The earliest filing from Newport Trust Company, LLC on this page is the Schedule 13G/A, filed 2025-11-12, reporting 38.84%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 3 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Dillard'S, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| June 4, 2026 | Form D, private offering | $2.39B sold | Form D page | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.