Davis Select Financial ETF
DFNL
25 hedge funds and large institutions have $96M invested in Davis Select Financial ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 4 closing their positions.
12% more capital invested
Capital invested by funds: $86.1M → $96M (+$9.93M)
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1.89% less ownership
Funds ownership: 79.27% → 77.39% (-1.9%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3M |
| 2 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
+$583K |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$226K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$165K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$73.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.97M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$538K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$440K |
| 4 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
-$116K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$96.4K |
DFNL Hedge Fund Activity: Q2 2020 in Review
25 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q2 2020, worth a combined $96M — up 12% from $86.1M a quarter earlier.
Fund positioning in DFNL was balanced in Q2 2020: 4 funds opened new positions, 4 closed out, 5 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $1.97M sold.
- 25 institutional investors held Davis Select Financial ETF (DFNL) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $96M of Davis Select Financial ETF stock for Q2 2020, up 12% quarter-over-quarter.
- 4 funds opened new Davis Select Financial ETF positions in Q2 2020 and 4 closed out, a net change of 0 holders.
- The largest Davis Select Financial ETF buyer in Q2 2020 was Morgan Stanley, an estimated $3M added.
- The largest Davis Select Financial ETF seller in Q2 2020 was Raymond James & Associates, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2020.