Davis Select Financial ETF
DFNL
29 hedge funds and large institutions have $121M invested in Davis Select Financial ETF in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
38% more funds holding
Funds holding: 21 → 29 (+8)
19% more capital invested
Capital invested by funds: $102M → $121M (+$19.3M)
0.59% less ownership
Funds ownership: 78.82% → 78.23% (-0.59%)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.1M |
| 2 |
Rockefeller Capital Management
New York
|
+$1.06M |
| 3 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$634K |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$335K |
| 5 |
Bank of New York Mellon
New York
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.53M |
| 3 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
-$1.19M |
| 4 |
Jane Street
New York
|
-$1.15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $52K | +$19K | +869 | +67% |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $43K | +$4.75K | +218 | +14% |
|
|
KFI
28
Key Financial Inc
West Chester,
Pennsylvania
| $40K | +$36.7K | +1,681 | New |
|
|
29
Jane Street
New York
| – | -$1.15M | -60,497 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$759K | -39,832 | Closed |
|
|
NL
31
NVWM LLC
Yardley,
Pennsylvania
| – | -$4K | -200 | Closed |
|
32
Wells Fargo
San Francisco,
California
| – | +$22 | +1 | New |
|
DFNL Hedge Fund Activity: Q4 2020 in Review
29 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q4 2020, worth a combined $121M — up 19% from $102M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DFNL positions and 3 closed out — a net gain of 8 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.1M. The largest seller was Brinker Capital Investments, cutting an estimated $3.5M.
- 29 institutional investors held Davis Select Financial ETF (DFNL) as of Q4 2020, up from 21 in Q3 2020.
- Funds reported $121M of Davis Select Financial ETF stock for Q4 2020, up 19% quarter-over-quarter.
- 11 funds opened new Davis Select Financial ETF positions in Q4 2020 and 3 closed out, a net change of +8 holders.
- The largest Davis Select Financial ETF buyer in Q4 2020 was Morgan Stanley, an estimated $1.1M added.
- The largest Davis Select Financial ETF seller in Q4 2020 was Brinker Capital Investments, an estimated $3.5M sold.
Based on aggregated 13F filings for Q4 2020.