We are live on ! Find out more
DFNL icon

Davis Select Financial ETF
DFNL

44 hedge funds and large institutions have $133M invested in Davis Select Financial ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

7% more funds holding

Funds holding: 41 → 44 (+3)

14.28% less ownership

Funds ownership: 84.38% → 70.1% (-14%)

15% less capital invested

Capital invested by funds: $156M → $133M (-$22.6M)

47% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 17

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
44
Holders Change
+3
Holders Change %
+7.32%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
7
Increased
9
Reduced
17
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$1.11M
2
Citadel Advisors
Citadel Advisors
Florida
+$783K
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$650K
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$323K
5
AAS
Ameritas Advisory Services
Nebraska
+$266K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$22.2M
2
BHWA
Beacon Harbor Wealth Advisors
Virginia
-$9.64M
3
Bank of America
Bank of America
North Carolina
-$3.72M
4
UBS Group
UBS Group
Switzerland
-$750K
5
Bank of New York Mellon
Bank of New York Mellon
New York
-$742K
Name Holding Trade Value Shares
Change 		Change in
Stake
Janney Montgomery Scott
26
Janney Montgomery Scott
Pennsylvania
$360K -$21.7K -700 -6%
DI
27
Diligent Investors
California
$343K -$12K -388 -4%
DC
28
Davenport & Co
Virginia
$335K +$8.01K +258 +3%
GWM
29
Geneos Wealth Management
Colorado
$316K -$14.3K -462 -5%
AAS
30
Ameritas Advisory Services
Nebraska
$286K +$266K +8,588 New
FHA
31
Flagship Harbor Advisors
Massachusetts
$239K – – –
KSWA
32
Kathleen S. Wright Associates
Pennsylvania
$104K – – –
KFI
33
Key Financial Inc
Pennsylvania
$90.1K – – –
Carson Wealth (CWM LLC)
34
Carson Wealth (CWM LLC)
Nebraska
$56K +$51.9K +1,672 New
Comerica Bank
35
Comerica Bank
Texas
$41K +$12.7K +409 +50%
Northwestern Mutual Wealth Management
36
Northwestern Mutual Wealth Management
Wisconsin
$34.1K +$31.7K +1,022 New
SPIA
37
Steward Partners Investment Advisory
New York
$24.1K – – –
AF
38
Allworth Financial
California
$23.8K +$22.2K +715 New
WIA
39
Wetzel Investment Advisors
Indiana
$14.8K – – –
BFEC
40
Benjamin F. Edwards & Company
Missouri
$13K – – –
Wells Fargo
41
Wells Fargo
California
$10K – – –
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$8.9K – – –
JP Morgan Chase
43
JP Morgan Chase
New York
$1.03K – – –
FGAM
44
Financial Gravity Asset Management
Texas
$152 +$155 +5 New
BHWA
45
Beacon Harbor Wealth Advisors
Virginia
– -$9.64M -318,633 Closed
Bank of New York Mellon
46
Bank of New York Mellon
New York
– -$742K -24,509 Closed
Rockefeller Capital Management
47
Rockefeller Capital Management
New York
– -$310K -10,247 Closed
Fidelity Investments
48
Fidelity Investments
Massachusetts
– -$30 -1 Closed
1
2

DFNL Hedge Fund Activity: Q1 2024 in Review

44 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q1 2024, worth a combined $133M — down 15% from $156M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new DFNL positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 17 trimmed.

The largest buyer was Jane Street, adding an estimated $1.11M. The largest seller was Morgan Stanley, cutting an estimated $22.2M.

  • 44 institutional investors held Davis Select Financial ETF (DFNL) as of Q1 2024, up from 41 in Q4 2023.
  • Funds reported $133M of Davis Select Financial ETF stock for Q1 2024, down 15% quarter-over-quarter.
  • 7 funds opened new Davis Select Financial ETF positions in Q1 2024 and 4 closed out, a net change of +3 holders.
  • The largest Davis Select Financial ETF buyer in Q1 2024 was Jane Street, an estimated $1.11M added.
  • The largest Davis Select Financial ETF seller in Q1 2024 was Morgan Stanley, an estimated $22.2M sold.

Based on aggregated 13F filings for Q1 2024.