Davis Select Financial ETF
DFNL
30 hedge funds and large institutions have $127M invested in Davis Select Financial ETF in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 5 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $116M → $127M (+$11M)
0.47% more ownership
Funds ownership: 80.36% → 80.83% (+0.47%)
3% less funds holding
Funds holding: 31 → 30 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.58M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.34M |
| 3 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
+$779K |
| 4 |
Morgan Stanley
New York
|
+$660K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.41M |
| 2 |
Jane Street
New York
|
-$1.69M |
| 3 |
LPL Financial
San Diego,
California
|
-$457K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$342K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $7K | – | – | – |
|
|
WAP
27
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $3K | +$74 | +3 | +3% |
|
28
Wells Fargo
San Francisco,
California
| $3K | +$3.05K | +123 | New |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| $1K | – | – | – |
|
|
WQ
30
Wealth Quarterback
Toms River,
New Jersey
| $168 | +$85.3K | +3,444 | New |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$2.41M | -101,140 | Closed |
|
|
32
Jane Street
New York
| – | -$1.69M | -71,125 | Closed |
|
|
JIP
33
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$207K | -8,724 | Closed |
|
|
NL
34
NVWM LLC
Yardley,
Pennsylvania
| – | -$5K | -200 | Closed |
|
DFNL Hedge Fund Activity: Q4 2019 in Review
30 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q4 2019, worth a combined $127M — up 9.5% from $116M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DFNL and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.
The largest buyer was Brinker Capital Investments, adding an estimated $4.58M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.41M sold.
- 30 institutional investors held Davis Select Financial ETF (DFNL) as of Q4 2019, down from 31 in Q3 2019.
- Funds reported $127M of Davis Select Financial ETF stock for Q4 2019, up 9.5% quarter-over-quarter.
- 4 funds opened new Davis Select Financial ETF positions in Q4 2019 and 5 closed out, a net change of -1 holder.
- The largest Davis Select Financial ETF buyer in Q4 2019 was Brinker Capital Investments, an estimated $4.58M added.
- The largest Davis Select Financial ETF seller in Q4 2019 was Citadel Advisors, an estimated $2.41M sold.
Based on aggregated 13F filings for Q4 2019.