Davis Select Financial ETF
DFNL
31 hedge funds and large institutions have $117M invested in Davis Select Financial ETF in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $108M → $117M (+$9.06M)
3.4% more ownership
Funds ownership: 76.32% → 79.72% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less funds holding
Funds holding: 32 → 31 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.56M |
| 2 |
Morgan Stanley
New York
|
+$778K |
| 3 |
LPL Financial
San Diego,
California
|
+$331K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$244K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$79.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$985K |
| 2 |
VFPI
Vantage Financial Partners (Illinois)
Arlington Heights,
Illinois
|
-$690K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$530K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$283K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $31K | +$30.8K | +1,340 | New |
|
|
CCM
27
Cribstone Capital Management
Augusta,
Maine
| $14K | – | – | – |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $9K | +$9.2K | +400 | New |
|
|
NL
29
NVWM LLC
Yardley,
Pennsylvania
| $5K | – | – | – |
|
|
WAP
30
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $2K | – | – | – |
|
|
SF
31
Synovus Financial
Columbus,
Georgia
| $1K | – | – | – |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$283K | -12,842 | Closed |
|
|
CWM
33
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$269K | -1,816 | Closed |
|
|
WCM
34
WealthBridge Capital Management
Westerville,
Ohio
| – | -$14K | -600 | Closed |
|
DFNL Hedge Fund Activity: Q2 2019 in Review
31 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q2 2019, worth a combined $117M — up 8.4% from $108M a quarter earlier.
Fund positioning in DFNL was balanced in Q2 2019: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 8 trimmed.
The largest buyer was UBS Group, adding an estimated $4.56M. The largest seller was Jane Street, cutting an estimated $985K.
- 31 institutional investors held Davis Select Financial ETF (DFNL) as of Q2 2019, down from 32 in Q1 2019.
- Funds reported $117M of Davis Select Financial ETF stock for Q2 2019, up 8.4% quarter-over-quarter.
- 3 funds opened new Davis Select Financial ETF positions in Q2 2019 and 3 closed out, a net change of 0 holders.
- The largest Davis Select Financial ETF buyer in Q2 2019 was UBS Group, an estimated $4.56M added.
- The largest Davis Select Financial ETF seller in Q2 2019 was Jane Street, an estimated $985K sold.
Based on aggregated 13F filings for Q2 2019.