Davis Select Financial ETF
DFNL
49 hedge funds and large institutions have $210M invested in Davis Select Financial ETF in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
9% more funds holding
Funds holding: 45 → 49 (+4)
8% more capital invested
Capital invested by funds: $193M → $210M (+$16.3M)
0.22% more ownership
Funds ownership: 73.21% → 73.43% (+0.22%)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.43M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$640K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$616K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$2.92M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.74M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$849K |
| 4 |
GS
GWN Securities
Palm Beach Gardens,
Florida
|
-$564K |
| 5 |
Morgan Stanley
New York
|
-$560K |
DFNL Hedge Fund Activity: Q2 2025 in Review
49 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q2 2025, worth a combined $210M — up 8.4% from $193M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DFNL positions and 1 closed out — a net gain of 4 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Jane Street, adding an estimated $1.43M. The largest seller was Stifel Financial, cutting an estimated $2.92M.
- 49 institutional investors held Davis Select Financial ETF (DFNL) as of Q2 2025, up from 45 in Q1 2025.
- Funds reported $210M of Davis Select Financial ETF stock for Q2 2025, up 8.4% quarter-over-quarter.
- 5 funds opened new Davis Select Financial ETF positions in Q2 2025 and 1 closed out, a net change of +4 holders.
- The largest Davis Select Financial ETF buyer in Q2 2025 was Jane Street, an estimated $1.43M added.
- The largest Davis Select Financial ETF seller in Q2 2025 was Stifel Financial, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2025.