U.S. Small Cap Portfolio ETF Class Shares
DFAS
487 hedge funds and large institutions have $4B invested in U.S. Small Cap Portfolio ETF Class Shares in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 242 increasing their positions, 106 reducing their positions, and 12 closing their positions.
468% more capital inflows, than outflows
Capital inflows: $355M | Capital outflows: $62.5M
275% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 12
128% more repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 106
6% more funds holding
Funds holding: 459 → 487 (+28)
1.65% more ownership
Funds ownership: 69.85% → 71.49% (+1.6%)
2% less funds holding in top 10
Funds holding in top 10: 63 → 62 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$40.5M |
| 2 |
First National Trust
Hermitage,
Pennsylvania
|
+$15.8M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$13.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.7M |
| 5 |
First Command Bank
Fort Worth,
Texas
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.39M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.6M |
| 3 |
Aveo Capital Partners
Englewood,
Colorado
|
-$4.26M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$3.85M |
| 5 |
KCM
KM Capital Management
Austin,
Texas
|
-$3.25M |
DFAS Hedge Fund Activity: Q2 2023 in Review
487 of the 6,388 institutional investors tracked by Wall St. Rank reported a position in U.S. Small Cap Portfolio ETF Class Shares (DFAS) for Q2 2023, worth a combined $4B — down 23% from $5.18B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new DFAS positions and 12 closed out — a net gain of 33 holders — while 242 added to existing stakes and 106 trimmed.
The largest buyer was Creative Planning, adding an estimated $40.5M. The largest seller was Royal Bank of Canada, cutting an estimated $9.39M.
- 487 institutional investors held U.S. Small Cap Portfolio ETF Class Shares (DFAS) as of Q2 2023, up from 459 in Q1 2023.
- Funds reported $4B of U.S. Small Cap Portfolio ETF Class Shares stock for Q2 2023, down 23% quarter-over-quarter.
- 45 funds opened new U.S. Small Cap Portfolio ETF Class Shares positions in Q2 2023 and 12 closed out, a net change of +33 holders.
- The largest U.S. Small Cap Portfolio ETF Class Shares buyer in Q2 2023 was Creative Planning, an estimated $40.5M added.
- The largest U.S. Small Cap Portfolio ETF Class Shares seller in Q2 2023 was Royal Bank of Canada, an estimated $9.39M sold.
Based on aggregated 13F filings for Q2 2023.