Davis Select Financial ETF
DFNL
34 hedge funds and large institutions have $109M invested in Davis Select Financial ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0% less ownership
Funds ownership: 68.86% → 68.86% (-0%)
4% less capital invested
Capital invested by funds: $113M → $109M (-$4.31M)
8% less funds holding
Funds holding: 37 → 34 (-3)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$464K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$159K |
| 3 |
Morgan Stanley
New York
|
+$23.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.75K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$8.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$916K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$816K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$401K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$281K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
26
Davenport & Co
Richmond,
Virginia
| $290K | -$390 | -14 | -0.1% |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $266K | +$56 | +2 | +0% |
|
|
KSWA
28
Kathleen S. Wright Associates
Pittsburgh,
Pennsylvania
| $83.6K | – | – | – |
|
|
KFI
29
Key Financial Inc
West Chester,
Pennsylvania
| $72.4K | – | – | – |
|
|
SPIA
30
Steward Partners Investment Advisory
New York
| $19.3K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7.15K | – | – | – |
|
33
Wells Fargo
San Francisco,
California
| $4.15K | -$16.8K | -603 | -80% |
|
34
JP Morgan Chase
New York
| $830 | – | – | – |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$816K | -30,110 | Closed |
|
|
36
MML Investors Services
Springfield,
Massachusetts
| – | -$270K | -9,957 | Closed |
|
37
Rockefeller Capital Management
New York
| – | -$238K | -8,793 | Closed |
|
|
FGAM
38
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$124 | -27 | Closed |
|
DFNL Hedge Fund Activity: Q3 2023 in Review
34 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q3 2023, worth a combined $109M — down 3.8% from $113M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DFNL and 1 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $464K. The largest seller was Mercer Global Advisors, cutting an estimated $916K.
- 34 institutional investors held Davis Select Financial ETF (DFNL) as of Q3 2023, down from 37 in Q2 2023.
- Funds reported $109M of Davis Select Financial ETF stock for Q3 2023, down 3.8% quarter-over-quarter.
- 1 fund opened new Davis Select Financial ETF positions in Q3 2023 and 4 closed out, a net change of -3 holders.
- The largest Davis Select Financial ETF buyer in Q3 2023 was Citadel Advisors, an estimated $464K added.
- The largest Davis Select Financial ETF seller in Q3 2023 was Mercer Global Advisors, an estimated $916K sold.
Based on aggregated 13F filings for Q3 2023.