Davis Select Financial ETF
DFNL
34 hedge funds and large institutions have $100M invested in Davis Select Financial ETF in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
13% more funds holding
Funds holding: 30 → 34 (+4)
9% more capital invested
Capital invested by funds: $92.2M → $100M (+$8.07M)
3.62% more ownership
Funds ownership: 70.6% → 74.22% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFPI
Vantage Financial Partners (Illinois)
Arlington Heights,
Illinois
|
+$6.7M |
| 2 |
Morgan Stanley
New York
|
+$2.68M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.31M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$515K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.71M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.52M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$488K |
| 4 |
VF
Virtu Financial
New York
|
-$433K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$219K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $179K | +$61.1K | +2,536 | +50% |
|
|
PG
27
Patten Group
Chattanooga,
Tennessee
| $67K | +$68.2K | +2,830 | New |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $43K | +$25.4K | +1,054 | +141% |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $40K | – | – | – |
|
|
CF
30
Centaurus Financial
Anaheim,
California
| $16K | +$16.6K | +691 | New |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $9K | -$36.9K | -1,531 | -79% |
|
|
NL
32
NVWM LLC
Yardley,
Pennsylvania
| $5K | – | – | – |
|
|
WAP
33
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $2K | +$2.41K | +100 | New |
|
|
SF
34
Synovus Financial
Columbus,
Georgia
| $1K | – | – | – |
|
|
35
Jane Street
New York
| – | -$1.71M | -71,333 | Closed |
|
|
36
Citadel Advisors
Miami,
Florida
| – | -$1.52M | -63,534 | Closed |
|
|
RFC
37
Regions Financial Corp
Birmingham,
Alabama
| – | -$7K | -300 | Closed |
|
DFNL Hedge Fund Activity: Q2 2018 in Review
34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q2 2018, worth a combined $100M — up 8.8% from $92.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DFNL positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Vantage Financial Partners (Illinois), opening a new position worth an estimated $6.7M. The largest seller was Jane Street, exiting entirely with an estimated $1.71M sold.
- 34 institutional investors held Davis Select Financial ETF (DFNL) as of Q2 2018, up from 30 in Q1 2018.
- Funds reported $100M of Davis Select Financial ETF stock for Q2 2018, up 8.8% quarter-over-quarter.
- 7 funds opened new Davis Select Financial ETF positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest Davis Select Financial ETF buyer in Q2 2018 was Vantage Financial Partners (Illinois), an estimated $6.7M added.
- The largest Davis Select Financial ETF seller in Q2 2018 was Jane Street, an estimated $1.71M sold.
Based on aggregated 13F filings for Q2 2018.