U.S. Core Equity 2 Portfolio ETF Class Shares
DFAC
651 hedge funds and large institutions have $16B invested in U.S. Core Equity 2 Portfolio ETF Class Shares in 2023 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 292 increasing their positions, 161 reducing their positions, and 17 closing their positions.
732% more capital inflows, than outflows
Capital inflows: $1.44B | Capital outflows: $173M
294% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 17
81% more repeat investments, than reductions
Existing positions increased: 292 | Existing positions reduced: 161
5% more funds holding
Funds holding: 618 → 651 (+33)
3% more funds holding in top 10
Funds holding in top 10: 157 → 162 (+5)
1.67% more ownership
Funds ownership: 69.97% → 71.64% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$159M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$127M |
| 3 |
TFO Wealth Partners
Maumee,
Ohio
|
+$104M |
| 4 |
Cerity Partners
New York
|
+$93.4M |
| 5 |
Bridgeworth
Birmingham,
Alabama
|
+$48.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EP Wealth Advisors
Torrance,
California
|
-$27.4M |
| 2 |
McLean Asset Management
Tysons,
Virginia
|
-$17.8M |
| 3 |
SWG
Summit Wealth Group
White River Junction,
Vermont
|
-$11.5M |
| 4 |
Lincoln National Corp
Radnor,
Pennsylvania
|
-$7.95M |
| 5 |
Private Ocean
San Rafael,
California
|
-$7.87M |
DFAC Hedge Fund Activity: Q1 2023 in Review
651 of the 6,288 institutional investors tracked by Wall St. Rank reported a position in U.S. Core Equity 2 Portfolio ETF Class Shares (DFAC) for Q1 2023, worth a combined $16B — up 41% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new DFAC positions and 17 closed out — a net gain of 50 holders — while 292 added to existing stakes and 161 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $159M. The largest seller was EP Wealth Advisors, cutting an estimated $27.4M.
- 651 institutional investors held U.S. Core Equity 2 Portfolio ETF Class Shares (DFAC) as of Q1 2023, up from 618 in Q4 2022.
- Funds reported $16B of U.S. Core Equity 2 Portfolio ETF Class Shares stock for Q1 2023, up 41% quarter-over-quarter.
- 67 funds opened new U.S. Core Equity 2 Portfolio ETF Class Shares positions in Q1 2023 and 17 closed out, a net change of +50 holders.
- The largest U.S. Core Equity 2 Portfolio ETF Class Shares buyer in Q1 2023 was Envestnet Asset Management, an estimated $159M added.
- The largest U.S. Core Equity 2 Portfolio ETF Class Shares seller in Q1 2023 was EP Wealth Advisors, an estimated $27.4M sold.
Based on aggregated 13F filings for Q1 2023.