Davis Select Financial ETF
DFNL
32 hedge funds and large institutions have $108M invested in Davis Select Financial ETF in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 5 closing their positions.
12% more capital invested
Capital invested by funds: $96.6M → $108M (+$11.3M)
1.09% more ownership
Funds ownership: 75.23% → 76.32% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
6% less funds holding
Funds holding: 34 → 32 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.41M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.91M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$1.43M |
| 4 |
Jane Street
New York
|
+$1.18M |
| 5 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.63M |
| 2 |
VFPI
Vantage Financial Partners (Illinois)
Arlington Heights,
Illinois
|
-$339K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$304K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$286K |
| 5 |
LPL Financial
San Diego,
California
|
-$252K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $84K | +$22K | +1,000 | +36% |
|
27
Wells Fargo
San Francisco,
California
| $44K | -$85.5K | -3,879 | -66% |
|
|
WCM
28
WealthBridge Capital Management
Westerville,
Ohio
| $14K | -$8.82K | -400 | -40% |
|
|
CCM
29
Cribstone Capital Management
Augusta,
Maine
| $13K | +$13.2K | +600 | New |
|
|
NL
30
NVWM LLC
Yardley,
Pennsylvania
| $4K | – | – | – |
|
|
WAP
31
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $2K | – | – | – |
|
|
SF
32
Synovus Financial
Columbus,
Georgia
| $1K | – | – | – |
|
|
33
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$304K | -14,841 | Closed |
|
|
CAN
34
Cetera Advisor Networks
El Segundo,
California
| – | -$286K | -13,885 | Closed |
|
|
AIC
35
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$155K | -7,560 | Closed |
|
|
PG
36
Patten Group
Chattanooga,
Tennessee
| – | -$76K | -3,730 | Closed |
|
|
IA
37
IFP Advisors
Tampa,
Florida
| – | -$37K | -1,804 | Closed |
|
DFNL Hedge Fund Activity: Q1 2019 in Review
32 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q1 2019, worth a combined $108M — up 12% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DFNL and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Brinker Capital Investments, adding an estimated $4.41M. The largest seller was Citadel Advisors, cutting an estimated $2.63M.
- 32 institutional investors held Davis Select Financial ETF (DFNL) as of Q1 2019, down from 34 in Q4 2018.
- Funds reported $108M of Davis Select Financial ETF stock for Q1 2019, up 12% quarter-over-quarter.
- 3 funds opened new Davis Select Financial ETF positions in Q1 2019 and 5 closed out, a net change of -2 holders.
- The largest Davis Select Financial ETF buyer in Q1 2019 was Brinker Capital Investments, an estimated $4.41M added.
- The largest Davis Select Financial ETF seller in Q1 2019 was Citadel Advisors, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2019.