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Davis Select Financial ETF
DFNL

34 hedge funds and large institutions have $96.6M invested in Davis Select Financial ETF in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

1.92% more ownership

Funds ownership: 73.31% → 75.23% (+1.9%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less funds holding

Funds holding: 36 → 34 (-2)

13% less capital invested

Capital invested by funds: $112M → $96.6M (-$15M)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
34
Holders Change
-2
Holders Change %
-5.56%
% of All Funds
0.76%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
5
Increased
16
Reduced
8
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
+$3.49M
2
LPL Financial
LPL Financial
California
+$828K
3
Morgan Stanley
Morgan Stanley
New York
+$655K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$502K
5
AFG
Arkansas Financial Group
Arkansas
+$497K

Top Sellers

Rank Fund Capital Flow
1
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$919K
2
JIP
Jaffetilchin Investment Partners
Florida
-$745K
3
Stifel Financial
Stifel Financial
Missouri
-$629K
4
CWM
Cornerstone Wealth Management
Missouri
-$625K
5
RJA
Raymond James & Associates
Florida
-$428K
Name Holding Trade Value Shares
Change 		Change in
Stake
AIC
26
Ameritas Investment Company
Nebraska
$155K +$173K +7,560 New
Wells Fargo
27
Wells Fargo
California
$121K -$1.51K -66 -1%
PG
28
Patten Group
Tennessee
$76K -$5.73K -250 -6%
AG
29
Advisor Group
Arizona
$57K – – –
IA
30
IFP Advisors
Florida
$37K – – –
WCM
31
WealthBridge Capital Management
Ohio
$21K +$22.9K +1,000 New
NL
32
NVWM LLC
Pennsylvania
$4K – – –
WAP
33
Wealthcare Advisory Partners
Pennsylvania
$2K +$69 +3 +3%
SF
34
Synovus Financial
Georgia
$1K +$23 +1 +3%
Stifel Financial
35
Stifel Financial
Missouri
– -$629K -25,636 Closed
CWM
36
Cornerstone Wealth Management
Missouri
– -$625K -14,325 Closed
CA
37
CapWealth Advisors
Tennessee
– -$352K -14,236 Closed
BTS
38
BB&T Securities
Virginia
– -$221K -8,951 Closed
DC
39
Davenport & Co
Virginia
– -$215K -8,715 Closed
AFM
40
Andesa Financial Management
Pennsylvania
– -$210K -8,500 Closed
SPIA
41
Steward Partners Investment Advisory
New York
– -$10K -400 Closed
1
2

DFNL Hedge Fund Activity: Q4 2018 in Review

34 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q4 2018, worth a combined $96.6M — down 13% from $112M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of DFNL and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.49M. The largest seller was Janney Montgomery Scott, cutting an estimated $919K.

  • 34 institutional investors held Davis Select Financial ETF (DFNL) as of Q4 2018, down from 36 in Q3 2018.
  • Funds reported $96.6M of Davis Select Financial ETF stock for Q4 2018, down 13% quarter-over-quarter.
  • 5 funds opened new Davis Select Financial ETF positions in Q4 2018 and 7 closed out, a net change of -2 holders.
  • The largest Davis Select Financial ETF buyer in Q4 2018 was Citadel Advisors, an estimated $3.49M added.
  • The largest Davis Select Financial ETF seller in Q4 2018 was Janney Montgomery Scott, an estimated $919K sold.

Based on aggregated 13F filings for Q4 2018.