Davis Select Financial ETF
DFNL
30 hedge funds and large institutions have $92.2M invested in Davis Select Financial ETF in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 3 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 3
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
9% more capital invested
Capital invested by funds: $84.3M → $92.2M (+$7.9M)
3% more funds holding
Funds holding: 29 → 30 (+1)
19.64% less ownership
Funds ownership: 90.24% → 70.6% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.41M |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$1.19M |
| 3 |
Jane Street
New York
|
+$915K |
| 4 |
VF
Virtu Financial
New York
|
+$844K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$768K |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$491K |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$49K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$47K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$40.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $41K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $18K | – | – | – |
|
|
RFC
28
Regions Financial Corp
Birmingham,
Alabama
| $7K | – | – | – |
|
|
NL
29
NVWM LLC
Yardley,
Pennsylvania
| $5K | +$4.92K | +200 | New |
|
|
SF
30
Synovus Financial
Columbus,
Georgia
| $1K | +$738 | +30 | New |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$768K | -32,058 | Closed |
|
|
FAIM
32
Financial Advocates Investment Management
Olympia,
Washington
| – | -$49K | -2,050 | Closed |
|
|
33
UBS Group
Zurich,
Switzerland
| – | -$47K | -1,966 | Closed |
|
DFNL Hedge Fund Activity: Q1 2018 in Review
30 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q1 2018, worth a combined $92.2M — up 9.4% from $84.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DFNL positions and 3 closed out — a net gain of 1 holder — while 18 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.41M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $768K sold.
- 30 institutional investors held Davis Select Financial ETF (DFNL) as of Q1 2018, up from 29 in Q4 2017.
- Funds reported $92.2M of Davis Select Financial ETF stock for Q1 2018, up 9.4% quarter-over-quarter.
- 4 funds opened new Davis Select Financial ETF positions in Q1 2018 and 3 closed out, a net change of +1 holder.
- The largest Davis Select Financial ETF buyer in Q1 2018 was Morgan Stanley, an estimated $2.41M added.
- The largest Davis Select Financial ETF seller in Q1 2018 was Susquehanna International Group, an estimated $768K sold.
Based on aggregated 13F filings for Q1 2018.