Davis Select Financial ETF
DFNL
34 hedge funds and large institutions have $96.6M invested in Davis Select Financial ETF in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
1.92% more ownership
Funds ownership: 73.31% → 75.23% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 36 → 34 (-2)
13% less capital invested
Capital invested by funds: $112M → $96.6M (-$15M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.49M |
| 2 |
LPL Financial
San Diego,
California
|
+$828K |
| 3 |
Morgan Stanley
New York
|
+$655K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$502K |
| 5 |
AFG
Arkansas Financial Group
Little Rock,
Arkansas
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$919K |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$745K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$629K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$625K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$428K |
DFNL Hedge Fund Activity: Q4 2018 in Review
34 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q4 2018, worth a combined $96.6M — down 13% from $112M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DFNL and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.49M. The largest seller was Janney Montgomery Scott, cutting an estimated $919K.
- 34 institutional investors held Davis Select Financial ETF (DFNL) as of Q4 2018, down from 36 in Q3 2018.
- Funds reported $96.6M of Davis Select Financial ETF stock for Q4 2018, down 13% quarter-over-quarter.
- 5 funds opened new Davis Select Financial ETF positions in Q4 2018 and 7 closed out, a net change of -2 holders.
- The largest Davis Select Financial ETF buyer in Q4 2018 was Citadel Advisors, an estimated $3.49M added.
- The largest Davis Select Financial ETF seller in Q4 2018 was Janney Montgomery Scott, an estimated $919K sold.
Based on aggregated 13F filings for Q4 2018.