Davis Select Financial ETF
DFNL
64 hedge funds and large institutions have $322M invested in Davis Select Financial ETF in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
7% more funds holding
Funds holding: 60 → 64 (+4)
2% more capital invested
Capital invested by funds: $314M → $322M (+$7.83M)
0.21% more ownership
Funds ownership: 70.58% → 70.8% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHWA
Beacon Harbor Wealth Advisors
Virginia Beach,
Virginia
|
+$13.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.67M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$567K |
| 5 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$32.2M |
| 2 |
Jane Street
New York
|
-$3.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.17M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.46M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.35M |
DFNL Hedge Fund Activity: Q2 2026 in Review
64 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Davis Select Financial ETF (DFNL) for Q2 2026, worth a combined $322M — up 2.5% from $314M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DFNL positions and 3 closed out — a net gain of 6 holders — while 18 added to existing stakes and 22 trimmed.
The largest buyer was Beacon Harbor Wealth Advisors, opening a new position worth an estimated $13.8M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $32.2M.
- 64 institutional investors held Davis Select Financial ETF (DFNL) as of Q2 2026, up from 60 in Q1 2026.
- Funds reported $322M of Davis Select Financial ETF stock for Q2 2026, up 2.5% quarter-over-quarter.
- 9 funds opened new Davis Select Financial ETF positions in Q2 2026 and 3 closed out, a net change of +6 holders.
- The largest Davis Select Financial ETF buyer in Q2 2026 was Beacon Harbor Wealth Advisors, an estimated $13.8M added.
- The largest Davis Select Financial ETF seller in Q2 2026 was Thrivent Financial for Lutherans, an estimated $32.2M sold.
Based on aggregated 13F filings for Q2 2026.