Davis Select Financial ETF
DFNL
36 hedge funds and large institutions have $112M invested in Davis Select Financial ETF in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 2 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
11% more capital invested
Capital invested by funds: $100M → $112M (+$11.4M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.91% less ownership
Funds ownership: 74.22% → 73.31% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.2M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.36M |
| 3 |
Morgan Stanley
New York
|
+$1.08M |
| 4 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$509K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$990K |
| 2 |
VF
Virtu Financial
New York
|
-$384K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$201K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$111K |
| 5 |
VFPI
Vantage Financial Partners (Illinois)
Arlington Heights,
Illinois
|
-$64.4K |
DFNL Hedge Fund Activity: Q3 2018 in Review
36 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q3 2018, worth a combined $112M — up 11% from $100M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DFNL positions and 2 closed out — a net gain of 2 holders — while 16 added to existing stakes and 5 trimmed.
The largest buyer was UBS Group, adding an estimated $4.2M. The largest seller was Cornerstone Wealth Management, cutting an estimated $990K.
- 36 institutional investors held Davis Select Financial ETF (DFNL) as of Q3 2018, up from 34 in Q2 2018.
- Funds reported $112M of Davis Select Financial ETF stock for Q3 2018, up 11% quarter-over-quarter.
- 4 funds opened new Davis Select Financial ETF positions in Q3 2018 and 2 closed out, a net change of +2 holders.
- The largest Davis Select Financial ETF buyer in Q3 2018 was UBS Group, an estimated $4.2M added.
- The largest Davis Select Financial ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $990K sold.
Based on aggregated 13F filings for Q3 2018.