Dimensional US Core Equity 2 ETF
DFAC
616 hedge funds and large institutions have $11.4B invested in Dimensional US Core Equity 2 ETF in 2022 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 243 increasing their positions, 142 reducing their positions, and 24 closing their positions.
358% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 24
71% more repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 142
27% more capital invested
Capital invested by funds: $9B → $11.4B (+$2.4B)
24% more funds holding in top 10
Funds holding in top 10: 126 → 156 (+30)
13% more funds holding
Funds holding: 544 → 616 (+72)
2.94% more ownership
Funds ownership: 67.03% → 69.97% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$150M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$119M |
| 3 |
MWM
Modera Wealth Management
Westwood,
New Jersey
|
+$69.2M |
| 4 |
HIG
Heritage Investment Group
Pompano Beach,
Florida
|
+$50.8M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
-$237M |
| 2 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
-$123M |
| 3 |
TWP
TFO Wealth Partners
Maumee,
Ohio
|
-$102M |
| 4 |
Cerity Partners
New York
|
-$83M |
| 5 |
KMWM
Keudell/Morrison Wealth Management
Salem,
Oregon
|
-$14M |
DFAC Hedge Fund Activity: Q4 2022 in Review
616 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Dimensional US Core Equity 2 ETF (DFAC) for Q4 2022, worth a combined $11.4B — up 27% from $9B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new DFAC positions and 24 closed out — a net gain of 86 holders — while 243 added to existing stakes and 142 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $150M. The largest seller was CFS Investment Advisory Services, cutting an estimated $237M.
- 616 institutional investors held Dimensional US Core Equity 2 ETF (DFAC) as of Q4 2022, up from 544 in Q3 2022.
- Funds reported $11.4B of Dimensional US Core Equity 2 ETF stock for Q4 2022, up 27% quarter-over-quarter.
- 110 funds opened new Dimensional US Core Equity 2 ETF positions in Q4 2022 and 24 closed out, a net change of +86 holders.
- The largest Dimensional US Core Equity 2 ETF buyer in Q4 2022 was Envestnet Asset Management, an estimated $150M added.
- The largest Dimensional US Core Equity 2 ETF seller in Q4 2022 was CFS Investment Advisory Services, an estimated $237M sold.
Based on aggregated 13F filings for Q4 2022.