Davis Select Financial ETF
DFNL
36 hedge funds and large institutions have $124M invested in Davis Select Financial ETF in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 4 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
5% less funds holding
Funds holding: 38 → 36 (-2)
17.19% less ownership
Funds ownership: 77.88% → 60.69% (-17%)
21% less capital invested
Capital invested by funds: $157M → $124M (-$33M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.21M |
| 2 |
Jane Street
New York
|
+$1.46M |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.18M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$851K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$38.2M |
| 2 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
-$2.54M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$998K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$923K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$795K |
DFNL Hedge Fund Activity: Q3 2021 in Review
36 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q3 2021, worth a combined $124M — down 21% from $157M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DFNL and 2 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $2.21M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $38.2M sold.
- 36 institutional investors held Davis Select Financial ETF (DFNL) as of Q3 2021, down from 38 in Q2 2021.
- Funds reported $124M of Davis Select Financial ETF stock for Q3 2021, down 21% quarter-over-quarter.
- 2 funds opened new Davis Select Financial ETF positions in Q3 2021 and 4 closed out, a net change of -2 holders.
- The largest Davis Select Financial ETF buyer in Q3 2021 was Morgan Stanley, an estimated $2.21M added.
- The largest Davis Select Financial ETF seller in Q3 2021 was Brinker Capital Investments, an estimated $38.2M sold.
Based on aggregated 13F filings for Q3 2021.