DFA Real Estate Securities Portfolio ETF Class Shares
DFAR
257 hedge funds and large institutions have $991M invested in DFA Real Estate Securities Portfolio ETF Class Shares in 2025 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 111 increasing their positions, 78 reducing their positions, and 16 closing their positions.
218% more capital inflows, than outflows
Capital inflows: $157M | Capital outflows: $49.3M
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
42% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 78
5% more funds holding
Funds holding: 244 → 257 (+13)
0.2% less ownership
Funds ownership: 74.03% → 73.83% (-0.2%)
5% less funds holding in top 10
Funds holding in top 10: 20 → 19 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$73M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$7.81M |
| 3 |
Curio Wealth
Annapolis,
Maryland
|
+$5.27M |
| 4 |
Financial Harvest
Winter Park,
Florida
|
+$5.19M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$9.42M |
| 2 |
Brown Financial Advisory
Fairhope,
Alabama
|
-$6.99M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.97M |
| 4 |
Austin Wealth Management
Austin,
Texas
|
-$2.67M |
| 5 |
Savant Capital
Rockford,
Illinois
|
-$2.31M |
DFAR Hedge Fund Activity: Q2 2025 in Review
257 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in DFA Real Estate Securities Portfolio ETF Class Shares (DFAR) for Q2 2025, worth a combined $991M — up 1.9% from $972M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new DFAR positions and 16 closed out — a net gain of 16 holders — while 111 added to existing stakes and 78 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $73M. The largest seller was HighTower Advisors, cutting an estimated $9.42M.
- 257 institutional investors held DFA Real Estate Securities Portfolio ETF Class Shares (DFAR) as of Q2 2025, up from 244 in Q1 2025.
- Funds reported $991M of DFA Real Estate Securities Portfolio ETF Class Shares stock for Q2 2025, up 1.9% quarter-over-quarter.
- 32 funds opened new DFA Real Estate Securities Portfolio ETF Class Shares positions in Q2 2025 and 16 closed out, a net change of +16 holders.
- The largest DFA Real Estate Securities Portfolio ETF Class Shares buyer in Q2 2025 was Focus Partners Wealth, an estimated $73M added.
- The largest DFA Real Estate Securities Portfolio ETF Class Shares seller in Q2 2025 was HighTower Advisors, an estimated $9.42M sold.
Based on aggregated 13F filings for Q2 2025.