U.S. Targeted Value Portfolio ETF Class Shares
DFAT
489 hedge funds and large institutions have $6.77B invested in U.S. Targeted Value Portfolio ETF Class Shares in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 213 increasing their positions, 140 reducing their positions, and 15 closing their positions.
180% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 15
52% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 140
51% more capital inflows, than outflows
Capital inflows: $323M | Capital outflows: $214M
3% more funds holding
Funds holding: 476 → 489 (+13)
2.39% less ownership
Funds ownership: 72.84% → 70.45% (-2.4%)
6% less funds holding in top 10
Funds holding in top 10: 87 → 82 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Savant Capital
Rockford,
Illinois
|
+$61.3M |
| 2 |
Cerity Partners
New York
|
+$21.6M |
| 3 |
Forum Financial Management
Lombard,
Illinois
|
+$14.5M |
| 4 |
RW Investment Management
Eagle,
Idaho
|
+$14.3M |
| 5 |
TFO Wealth Partners
Maumee,
Ohio
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Quantitative Advantage
Minnetonka,
Minnesota
|
-$48.9M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$37.8M |
| 3 |
EP Wealth Advisors
Torrance,
California
|
-$35.6M |
| 4 |
Modera Wealth Management
Westwood,
New Jersey
|
-$16.7M |
| 5 |
Allworth Financial
Folsom,
California
|
-$11.2M |
DFAT Hedge Fund Activity: Q1 2023 in Review
489 of the 6,288 institutional investors tracked by Wall St. Rank reported a position in U.S. Targeted Value Portfolio ETF Class Shares (DFAT) for Q1 2023, worth a combined $6.77B — up 26% from $5.38B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new DFAT positions and 15 closed out — a net gain of 27 holders — while 213 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.
- 489 institutional investors held U.S. Targeted Value Portfolio ETF Class Shares (DFAT) as of Q1 2023, up from 476 in Q4 2022.
- Funds reported $6.77B of U.S. Targeted Value Portfolio ETF Class Shares stock for Q1 2023, up 26% quarter-over-quarter.
- 42 funds opened new U.S. Targeted Value Portfolio ETF Class Shares positions in Q1 2023 and 15 closed out, a net change of +27 holders.
- The largest U.S. Targeted Value Portfolio ETF Class Shares buyer in Q1 2023 was Savant Capital, an estimated $61.3M added.
- The largest U.S. Targeted Value Portfolio ETF Class Shares seller in Q1 2023 was Quantitative Advantage, an estimated $48.9M sold.
Based on aggregated 13F filings for Q1 2023.