U.S. Targeted Value Portfolio ETF Class Shares
DFAT
508 hedge funds and large institutions have $5.86B invested in U.S. Targeted Value Portfolio ETF Class Shares in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 198 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
110% more capital inflows, than outflows
Capital inflows: $454M | Capital outflows: $216M
28% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 155
4% more funds holding
Funds holding: 489 → 508 (+19)
1.52% more ownership
Funds ownership: 70.45% → 71.97% (+1.5%)
4% less funds holding in top 10
Funds holding in top 10: 82 → 79 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Forum Financial Management
Lombard,
Illinois
|
+$97.8M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$39.9M |
| 3 |
EP Wealth Advisors
Torrance,
California
|
+$37.8M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$23.9M |
| 5 |
RW Investment Management
Eagle,
Idaho
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Merriman Wealth Management
Seattle,
Washington
|
-$138M |
| 2 |
CWA
Consilio Wealth Advisors
Bellevue,
Washington
|
-$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.6M |
| 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
508 of the 6,388 institutional investors tracked by Wall St. Rank reported a position in U.S. Targeted Value Portfolio ETF Class Shares (DFAT) for Q2 2023, worth a combined $5.86B — 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 198 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.
- 508 institutional investors held U.S. Targeted Value Portfolio ETF Class Shares (DFAT) as of Q2 2023, up from 489 in Q1 2023.
- Funds reported $5.86B of U.S. Targeted Value Portfolio ETF Class Shares stock for Q2 2023, down 13% quarter-over-quarter.
- 40 funds opened new U.S. Targeted Value Portfolio ETF Class Shares positions in Q2 2023 and 15 closed out, a net change of +25 holders.
- The largest U.S. Targeted Value Portfolio ETF Class Shares buyer in Q2 2023 was Forum Financial Management, an estimated $97.8M added.
- The largest U.S. Targeted Value Portfolio ETF Class Shares seller in Q2 2023 was Merriman Wealth Management, an estimated $138M sold.
Based on aggregated 13F filings for Q2 2023.