Davis Select Financial ETF
DFNL
40 hedge funds and large institutions have $108M invested in Davis Select Financial ETF in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 8 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
2% less funds holding
Funds holding: 41 → 40 (-1)
4.27% less ownership
Funds ownership: 66.51% → 62.24% (-4.3%)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
21% less capital invested
Capital invested by funds: $138M → $108M (-$29.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
+$671K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$475K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$409K |
| 4 |
LPL Financial
San Diego,
California
|
+$234K |
| 5 |
Jane Street
New York
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.98M |
| 2 |
NLP
Next Level Private
Harrison,
New York
|
-$2.45M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.57M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.23M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$650K |
DFNL Hedge Fund Activity: Q2 2022 in Review
40 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q2 2022, worth a combined $108M — down 21% from $138M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DFNL and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 17 added.
The largest buyer was Andesa Financial Management, adding an estimated $671K. The largest seller was Morgan Stanley, cutting an estimated $2.98M.
- 40 institutional investors held Davis Select Financial ETF (DFNL) as of Q2 2022, down from 41 in Q1 2022.
- Funds reported $108M of Davis Select Financial ETF stock for Q2 2022, down 21% quarter-over-quarter.
- 7 funds opened new Davis Select Financial ETF positions in Q2 2022 and 8 closed out, a net change of -1 holder.
- The largest Davis Select Financial ETF buyer in Q2 2022 was Andesa Financial Management, an estimated $671K added.
- The largest Davis Select Financial ETF seller in Q2 2022 was Morgan Stanley, an estimated $2.98M sold.
Based on aggregated 13F filings for Q2 2022.