Davis Select Financial ETF
DFNL
44 hedge funds and large institutions have $133M invested in Davis Select Financial ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 41 → 44 (+3)
14.28% less ownership
Funds ownership: 84.38% → 70.1% (-14%)
15% less capital invested
Capital invested by funds: $156M → $133M (-$22.6M)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.11M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$783K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$650K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$323K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$22.2M |
| 2 |
BHWA
Beacon Harbor Wealth Advisors
Virginia Beach,
Virginia
|
-$9.64M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.72M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$750K |
| 5 |
Bank of New York Mellon
New York
|
-$742K |
DFNL Hedge Fund Activity: Q1 2024 in Review
44 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q1 2024, worth a combined $133M — down 15% from $156M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DFNL positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was Jane Street, adding an estimated $1.11M. The largest seller was Morgan Stanley, cutting an estimated $22.2M.
- 44 institutional investors held Davis Select Financial ETF (DFNL) as of Q1 2024, up from 41 in Q4 2023.
- Funds reported $133M of Davis Select Financial ETF stock for Q1 2024, down 15% quarter-over-quarter.
- 7 funds opened new Davis Select Financial ETF positions in Q1 2024 and 4 closed out, a net change of +3 holders.
- The largest Davis Select Financial ETF buyer in Q1 2024 was Jane Street, an estimated $1.11M added.
- The largest Davis Select Financial ETF seller in Q1 2024 was Morgan Stanley, an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2024.