Dimensional US Targeted Value ETF
DFAT
506 hedge funds and large institutions have $5.85B invested in Dimensional US Targeted Value ETF in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 197 increasing their positions, 155 reducing their positions, and 15 closing their positions.
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
27% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 155
4% more funds holding
Funds holding: 487 → 506 (+19)
1.51% more ownership
Funds ownership: 70.43% → 71.94% (+1.5%)
4% less funds holding in top 10
Funds holding in top 10: 82 → 79 (-3)
13% less capital invested
Capital invested by funds: $6.77B → $5.85B (-$912M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFM
Forum Financial Management
Lombard,
Illinois
|
+$97.8M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$39.9M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$37.8M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$23.9M |
| 5 |
RIM
RW Investment Management
Eagle,
Idaho
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$138M |
| 2 |
CWA
Consilio Wealth Advisors
Bellevue,
Washington
|
-$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.56M |
| 4 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
-$7.19M |
| 5 |
AWM
Activest Wealth Management
Aventure,
Florida
|
-$5.55M |
DFAT Hedge Fund Activity: Q2 2023 in Review
506 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Dimensional US Targeted Value ETF (DFAT) for Q2 2023, worth a combined $5.85B — down 13% from $6.77B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new DFAT positions and 15 closed out — a net gain of 25 holders — while 197 added to existing stakes and 155 trimmed.
The largest buyer was Forum Financial Management, adding an estimated $97.8M. The largest seller was Merriman Wealth Management, cutting an estimated $138M.
- 506 institutional investors held Dimensional US Targeted Value ETF (DFAT) as of Q2 2023, up from 487 in Q1 2023.
- Funds reported $5.85B of Dimensional US Targeted Value ETF stock for Q2 2023, down 13% quarter-over-quarter.
- 40 funds opened new Dimensional US Targeted Value ETF positions in Q2 2023 and 15 closed out, a net change of +25 holders.
- The largest Dimensional US Targeted Value ETF buyer in Q2 2023 was Forum Financial Management, an estimated $97.8M added.
- The largest Dimensional US Targeted Value ETF seller in Q2 2023 was Merriman Wealth Management, an estimated $138M sold.
Based on aggregated 13F filings for Q2 2023.