Davis Select Financial ETF
DFNL
45 hedge funds and large institutions have $193M invested in Davis Select Financial ETF in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
13% more capital invested
Capital invested by funds: $172M → $193M (+$21.6M)
1.14% more ownership
Funds ownership: 72.07% → 73.21% (+1.1%)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Axiom Financial Strategies
New Albany,
Indiana
|
+$5.14M |
| 2 |
Morgan Stanley
New York
|
+$3.79M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.19M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.53M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
Miami,
Florida
|
-$735K |
| 2 |
Jane Street
New York
|
-$619K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$409K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$277K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$277K |
DFNL Hedge Fund Activity: Q1 2025 in Review
45 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q1 2025, worth a combined $193M — up 13% from $172M a quarter earlier.
Fund positioning in DFNL was balanced in Q1 2025: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Axiom Financial Strategies, opening a new position worth an estimated $5.14M. The largest seller was GTS Securities, exiting entirely with an estimated $735K sold.
- 45 institutional investors held Davis Select Financial ETF (DFNL) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $193M of Davis Select Financial ETF stock for Q1 2025, up 13% quarter-over-quarter.
- 4 funds opened new Davis Select Financial ETF positions in Q1 2025 and 4 closed out, a net change of 0 holders.
- The largest Davis Select Financial ETF buyer in Q1 2025 was Axiom Financial Strategies, an estimated $5.14M added.
- The largest Davis Select Financial ETF seller in Q1 2025 was GTS Securities, an estimated $735K sold.
Based on aggregated 13F filings for Q1 2025.