U.S. Targeted Value Portfolio ETF Class Shares
DFAT
719 hedge funds and large institutions have $8.51B invested in U.S. Targeted Value Portfolio ETF Class Shares in 2025 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 269 increasing their positions, 250 reducing their positions, and 33 closing their positions.
61% more capital inflows, than outflows
Capital inflows: $432M | Capital outflows: $268M
42% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 33
1.27% more ownership
Funds ownership: 78.23% → 79.51% (+1.3%)
8% more repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 250
0% more funds holding
Funds holding: 716 → 719 (+3)
5% less funds holding in top 10
Funds holding in top 10: 111 → 106 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Forum Financial Management
Lombard,
Illinois
|
+$24.3M |
| 2 |
FH
Financial Harvest
Winter Park,
Florida
|
+$23.1M |
| 3 |
Cerity Partners
New York
|
+$20.9M |
| 4 |
Pure Financial Advisors
San Diego,
California
|
+$16.9M |
| 5 |
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
-$29.5M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$11.5M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$11.4M |
| 4 |
Monograph Wealth Advisors
Manhattan Beach,
California
|
-$10.1M |
| 5 |
GCM
G2 Capital Management
Columbus,
Ohio
|
-$9M |
DFAT Hedge Fund Activity: Q2 2025 in Review
719 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in U.S. Targeted Value Portfolio ETF Class Shares (DFAT) for Q2 2025, worth a combined $8.51B — up 6.9% from $7.96B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new DFAT positions and 33 closed out — a net gain of 14 holders — while 269 added to existing stakes and 250 trimmed.
The largest buyer was Forum Financial Management, adding an estimated $24.3M. The largest seller was Corient Private Wealth, cutting an estimated $29.5M.
- 719 institutional investors held U.S. Targeted Value Portfolio ETF Class Shares (DFAT) as of Q2 2025, up from 716 in Q1 2025.
- Funds reported $8.51B of U.S. Targeted Value Portfolio ETF Class Shares stock for Q2 2025, up 6.9% quarter-over-quarter.
- 47 funds opened new U.S. Targeted Value Portfolio ETF Class Shares positions in Q2 2025 and 33 closed out, a net change of +14 holders.
- The largest U.S. Targeted Value Portfolio ETF Class Shares buyer in Q2 2025 was Forum Financial Management, an estimated $24.3M added.
- The largest U.S. Targeted Value Portfolio ETF Class Shares seller in Q2 2025 was Corient Private Wealth, an estimated $29.5M sold.
Based on aggregated 13F filings for Q2 2025.