Dimensional US Targeted Value ETF
DFAT
486 hedge funds and large institutions have $6.75B invested in Dimensional US Targeted Value ETF in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 211 increasing their positions, 140 reducing their positions, and 15 closing their positions.
173% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 15
51% more repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 140
25% more capital invested
Capital invested by funds: $5.4B → $6.75B (+$1.36B)
3% more funds holding
Funds holding: 474 → 486 (+12)
2.61% less ownership
Funds ownership: 73.03% → 70.43% (-2.6%)
6% less funds holding in top 10
Funds holding in top 10: 87 → 82 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Savant Capital
Rockford,
Illinois
|
+$61.3M |
| 2 |
Cerity Partners
New York
|
+$21.6M |
| 3 |
FFM
Forum Financial Management
Lombard,
Illinois
|
+$14.5M |
| 4 |
RIM
RW Investment Management
Eagle,
Idaho
|
+$14.3M |
| 5 |
TWP
TFO Wealth Partners
Maumee,
Ohio
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$48.9M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$37.8M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$35.6M |
| 4 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$17.1M |
| 5 |
MWM
Modera Wealth Management
Westwood,
New Jersey
|
-$16.7M |
DFAT Hedge Fund Activity: Q1 2023 in Review
486 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Dimensional US Targeted Value ETF (DFAT) for Q1 2023, worth a combined $6.75B — up 25% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DFAT positions and 15 closed out — a net gain of 26 holders — while 211 added to existing stakes and 140 trimmed.
The largest buyer was Savant Capital, adding an estimated $61.3M. The largest seller was Quantitative Advantage, exiting entirely with an estimated $48.9M sold.
- 486 institutional investors held Dimensional US Targeted Value ETF (DFAT) as of Q1 2023, up from 474 in Q4 2022.
- Funds reported $6.75B of Dimensional US Targeted Value ETF stock for Q1 2023, up 25% quarter-over-quarter.
- 41 funds opened new Dimensional US Targeted Value ETF positions in Q1 2023 and 15 closed out, a net change of +26 holders.
- The largest Dimensional US Targeted Value ETF buyer in Q1 2023 was Savant Capital, an estimated $61.3M added.
- The largest Dimensional US Targeted Value ETF seller in Q1 2023 was Quantitative Advantage, an estimated $48.9M sold.
Based on aggregated 13F filings for Q1 2023.