Madison Dividend Value ETF
DIVL
3 hedge funds and large institutions have $56.5M invested in Madison Dividend Value ETF in 2025 Q3 according to their latest regulatory filings, with funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more capital invested
Capital invested by funds: $56.4M → $56.5M (+$80.4K)
1.71% less ownership
Funds ownership: 93.35% → 91.64% (-1.7%)
25% less funds holding
Funds holding: 4 → 3 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$272K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$3.08M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.06K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
1
Madison Asset Management
Madison,
Wisconsin
| $55.1M | -$3.08M | -135,514 | -5% |
|
|
GS
2
GTS Securities
New York
| $848K | +$272K | +11,970 | +49% |
|
|
3
Citadel Advisors
Miami,
Florida
| $553K | +$193K | +8,492 | +56% |
|
|
4
UBS Group
Zurich,
Switzerland
| – | -$6.06K | -273 | Closed |
|
DIVL Hedge Fund Activity: Q3 2025 in Review
3 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in Madison Dividend Value ETF (DIVL) for Q3 2025, worth a combined $56.5M — up 0.14% from $56.4M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of DIVL and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was GTS Securities, adding an estimated $272K. The largest seller was Madison Asset Management, cutting an estimated $3.08M.
- 3 institutional investors held Madison Dividend Value ETF (DIVL) as of Q3 2025, down from 4 in Q2 2025.
- Funds reported $56.5M of Madison Dividend Value ETF stock for Q3 2025, up 0.14% quarter-over-quarter.
- 0 funds opened new Madison Dividend Value ETF positions in Q3 2025 and 1 closed out, a net change of -1 holder.
- The largest Madison Dividend Value ETF buyer in Q3 2025 was GTS Securities, an estimated $272K added.
- The largest Madison Dividend Value ETF seller in Q3 2025 was Madison Asset Management, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2025.