U.S. Core Equity 2 Portfolio ETF Class Shares
DFAC
618 hedge funds and large institutions have $11.4B invested in U.S. Core Equity 2 Portfolio ETF Class Shares in 2022 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 245 increasing their positions, 142 reducing their positions, and 24 closing their positions.
378% more capital inflows, than outflows
Capital inflows: $2.13B | Capital outflows: $445M
358% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 24
73% more repeat investments, than reductions
Existing positions increased: 245 | Existing positions reduced: 142
25% more funds holding in top 10
Funds holding in top 10: 126 → 157 (+31)
13% more funds holding
Funds holding: 546 → 618 (+72)
4.55% more ownership
Funds ownership: 65.42% → 69.97% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$150M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$119M |
| 3 |
Modera Wealth Management
Westwood,
New Jersey
|
+$69.2M |
| 4 |
Heritage Investment Group
Pompano Beach,
Florida
|
+$50.8M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
-$123M |
| 2 |
TFO Wealth Partners
Maumee,
Ohio
|
-$102M |
| 3 |
Cerity Partners
New York
|
-$83M |
| 4 |
KMWM
Keudell/Morrison Wealth Management
Salem,
Oregon
|
-$14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.9M |
DFAC Hedge Fund Activity: Q4 2022 in Review
618 of the 6,241 institutional investors tracked by Wall St. Rank reported a position in U.S. Core Equity 2 Portfolio ETF Class Shares (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 245 added to existing stakes and 142 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $150M. The largest seller was Focus Partners Advisor Solutions, cutting an estimated $123M.
- 618 institutional investors held U.S. Core Equity 2 Portfolio ETF Class Shares (DFAC) as of Q4 2022, up from 546 in Q3 2022.
- Funds reported $11.4B of U.S. Core Equity 2 Portfolio ETF Class Shares stock for Q4 2022, up 27% quarter-over-quarter.
- 110 funds opened new U.S. Core Equity 2 Portfolio ETF Class Shares positions in Q4 2022 and 24 closed out, a net change of +86 holders.
- The largest U.S. Core Equity 2 Portfolio ETF Class Shares buyer in Q4 2022 was Envestnet Asset Management, an estimated $150M added.
- The largest U.S. Core Equity 2 Portfolio ETF Class Shares seller in Q4 2022 was Focus Partners Advisor Solutions, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2022.