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Davis Select Financial ETF

60 hedge funds and large institutions have $314M invested in Davis Select Financial ETF in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

100% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 11

12% more capital invested

Capital invested by funds: $280M → $314M (+$34.8M)

9% more funds holding

Funds holding: 5560 (+5)

1.16% more ownership

Funds ownership: 69.43%70.58% (+1.2%)

Holders
60
Holders Change
+5
Holders Change %
+9.09%
% of All Funds
0.74%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
12
Increased
22
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$1.04M +$471K +9,995 +76%
SWGC
27
Summit Wealth Group (Colorado)
Colorado
$1.02M +$17.3K +366 +2%
JWCA
28
J.W. Cole Advisors
Florida
$946K -$104K -2,212 -9%
GWM
29
Geneos Wealth Management
Colorado
$936K +$9.81K +208 +1%
SN
30
Sittner & Nelson
Oregon
$907K
Envestnet Portfolio Solutions
31
Envestnet Portfolio Solutions
Illinois
$830K +$873K +18,507 New
PFS
32
Prospera Financial Services
Texas
$797K -$20.9K -443 -2%
AW
33
Atlas Wealth
Ohio
$755K
Stifel Financial
34
Stifel Financial
Missouri
$689K -$350K -7,411 -33%
Rockefeller Capital Management
35
Rockefeller Capital Management
New York
$623K +$179K +3,805 +38%
DC
36
Davenport & Co
Virginia
$552K +$118K +2,506 +26%
MPW
37
Melone Private Wealth
Michigan
$517K
KA
38
Kovack Advisors
Florida
$423K +$47 +1 +0%
SWIG
39
Strategic Wealth Investment Group
Kentucky
$422K +$444K +9,419 New
CAPTRUST Financial Advisors
40
CAPTRUST Financial Advisors
North Carolina
$362K
Mercer Global Advisors
41
Mercer Global Advisors
Colorado
$346K -$51.9K -1,101 -12%
MWM
42
Modern Wealth Management
Kansas
$330K -$106K -2,252 -24%
FHA
43
Flagship Harbor Advisors
Massachusetts
$274K -$56.6K -1,200 -16%
CA
44
Carson Advisory
Georgia
$247K
DI
45
Diligent Investors
California
$244K
FCMA
46
Foresight Capital Management Advisors
Michigan
$228K +$239K +5,075 New
PAG
47
Private Advisor Group
New Jersey
$225K +$15.6K +330 +7%
P
48
&Partners
Tennessee
$216K +$227K +4,813 New
MEG
49
Millstone Evans Group
Colorado
$148K
UBS AM
50
UBS AM
Illinois
$114K +$120K +2,548 New

DFNL Hedge Fund Activity: Q1 2026 in Review

60 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q1 2026, worth a combined $314M — up 12% from $280M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new DFNL positions and 5 closed out — a net gain of 7 holders — while 22 added to existing stakes and 11 trimmed.

The largest buyer was Thrivent Financial for Lutherans, adding an estimated $26.7M. The largest seller was Morgan Stanley, cutting an estimated $6.91M.

  • 60 institutional investors held Davis Select Financial ETF (DFNL) as of Q1 2026, up from 55 in Q4 2025.
  • Funds reported $314M of Davis Select Financial ETF stock for Q1 2026, up 12% quarter-over-quarter.
  • 12 funds opened new Davis Select Financial ETF positions in Q1 2026 and 5 closed out, a net change of +7 holders.
  • The largest Davis Select Financial ETF buyer in Q1 2026 was Thrivent Financial for Lutherans, an estimated $26.7M added.
  • The largest Davis Select Financial ETF seller in Q1 2026 was Morgan Stanley, an estimated $6.91M sold.

Based on aggregated 13F filings for Q1 2026.