U.S. Core Equity 2 Portfolio ETF Class Shares
DFAC
1,160 hedge funds and large institutions have $32.3B invested in U.S. Core Equity 2 Portfolio ETF Class Shares in 2025 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 415 increasing their positions, 345 reducing their positions, and 32 closing their positions.
403% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 32
60% more call options, than puts
Call options by funds: $1.27M | Put options by funds: $792K
20% more repeat investments, than reductions
Existing positions increased: 415 | Existing positions reduced: 345
13% more funds holding in top 10
Funds holding in top 10: 258 → 291 (+33)
11% more funds holding
Funds holding: 1,049 → 1,160 (+111)
9% more capital invested
Capital invested by funds: $29.7B → $32.3B (+$2.63B)
2.78% more ownership
Funds ownership: 77.69% → 80.47% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenspring Advisors
Towson,
Maryland
|
+$220M |
| 2 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$186M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$122M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
+$100M |
| 5 |
SP
Symmetry Partners
Glastonbury,
Connecticut
|
+$97.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$96.4M |
| 2 |
PCA
Prosperity Capital Advisors
Westlake,
Ohio
|
-$46.8M |
| 3 |
Two Sigma Investments
New York
|
-$30M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$29.3M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$26.5M |
DFAC Hedge Fund Activity: Q4 2025 in Review
1,160 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in U.S. Core Equity 2 Portfolio ETF Class Shares (DFAC) for Q4 2025, worth a combined $32.3B — up 8.9% from $29.7B a quarter earlier.
Buyers outnumbered sellers: 161 funds opened new DFAC positions and 32 closed out — a net gain of 129 holders — while 415 added to existing stakes and 345 trimmed.
The largest buyer was Greenspring Advisors, adding an estimated $220M. The largest seller was Mach-1 Financial Group, cutting an estimated $96.4M.
- 1,160 institutional investors held U.S. Core Equity 2 Portfolio ETF Class Shares (DFAC) as of Q4 2025, up from 1,049 in Q3 2025.
- Funds reported $32.3B of U.S. Core Equity 2 Portfolio ETF Class Shares stock for Q4 2025, up 8.9% quarter-over-quarter.
- 161 funds opened new U.S. Core Equity 2 Portfolio ETF Class Shares positions in Q4 2025 and 32 closed out, a net change of +129 holders.
- The largest U.S. Core Equity 2 Portfolio ETF Class Shares buyer in Q4 2025 was Greenspring Advisors, an estimated $220M added.
- The largest U.S. Core Equity 2 Portfolio ETF Class Shares seller in Q4 2025 was Mach-1 Financial Group, an estimated $96.4M sold.
Based on aggregated 13F filings for Q4 2025.