Davis Select Financial ETF
DFNL
36 hedge funds and large institutions have $112M invested in Davis Select Financial ETF in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 2 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
11% more capital invested
Capital invested by funds: $100M → $112M (+$11.4M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.91% less ownership
Funds ownership: 74.22% → 73.31% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.2M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.36M |
| 3 |
Morgan Stanley
New York
|
+$1.08M |
| 4 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$509K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$990K |
| 2 |
VF
Virtu Financial
New York
|
-$384K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$201K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$111K |
| 5 |
VFPI
Vantage Financial Partners (Illinois)
Arlington Heights,
Illinois
|
-$64.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
26
Davenport & Co
Richmond,
Virginia
| $215K | -$5.56K | -225 | -3% |
|
|
AFM
27
Andesa Financial Management
Allentown,
Pennsylvania
| $210K | – | – | – |
|
|
28
Wells Fargo
San Francisco,
California
| $147K | -$201K | -8,138 | -58% |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $99K | +$99.2K | +4,011 | New |
|
|
PG
30
Patten Group
Chattanooga,
Tennessee
| $98K | +$28.4K | +1,150 | +41% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $69K | +$27.2K | +1,100 | +65% |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| $45K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $10K | – | – | – |
|
|
NL
34
NVWM LLC
Yardley,
Pennsylvania
| $5K | – | – | – |
|
|
WAP
35
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $2K | – | – | – |
|
|
SF
36
Synovus Financial
Columbus,
Georgia
| $1K | – | – | – |
|
|
VF
37
Virtu Financial
New York
| – | -$384K | -16,296 | Closed |
|
|
CF
38
Centaurus Financial
Anaheim,
California
| – | -$16K | -691 | Closed |
|
DFNL Hedge Fund Activity: Q3 2018 in Review
36 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q3 2018, worth a combined $112M — up 11% from $100M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DFNL positions and 2 closed out — a net gain of 2 holders — while 16 added to existing stakes and 5 trimmed.
The largest buyer was UBS Group, adding an estimated $4.2M. The largest seller was Cornerstone Wealth Management, cutting an estimated $990K.
- 36 institutional investors held Davis Select Financial ETF (DFNL) as of Q3 2018, up from 34 in Q2 2018.
- Funds reported $112M of Davis Select Financial ETF stock for Q3 2018, up 11% quarter-over-quarter.
- 4 funds opened new Davis Select Financial ETF positions in Q3 2018 and 2 closed out, a net change of +2 holders.
- The largest Davis Select Financial ETF buyer in Q3 2018 was UBS Group, an estimated $4.2M added.
- The largest Davis Select Financial ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $990K sold.
Based on aggregated 13F filings for Q3 2018.