AdvisorShares Dorsey Wright FSM All Cap World ETF
DWAW
12 hedge funds and large institutions have $78.1M invested in AdvisorShares Dorsey Wright FSM All Cap World ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 2 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0.39% more ownership
Funds ownership: 92.47% → 92.86% (+0.39%)
0% more funds holding
Funds holding: 12 → 12 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% less capital invested
Capital invested by funds: $78.5M → $78.1M (-$391K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$265K |
| 2 |
LPL Financial
San Diego,
California
|
+$102K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$88.1K |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$24.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$499K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$312K |
| 3 |
VWS
Virtus Wealth Solutions
Cranford,
New Jersey
|
-$297K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$265K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$4.08K |
DWAW Hedge Fund Activity: Q4 2025 in Review
12 of the 8,256 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) for Q4 2025, worth a combined $78.1M — down 0.5% from $78.5M a quarter earlier.
Fund positioning in DWAW was balanced in Q4 2025: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 4 trimmed.
The largest buyer was MML Investors Services, adding an estimated $265K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $499K sold.
- 12 institutional investors held AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $78.1M of AdvisorShares Dorsey Wright FSM All Cap World ETF stock for Q4 2025, down 0.5% quarter-over-quarter.
- 2 funds opened new AdvisorShares Dorsey Wright FSM All Cap World ETF positions in Q4 2025 and 2 closed out, a net change of 0 holders.
- The largest AdvisorShares Dorsey Wright FSM All Cap World ETF buyer in Q4 2025 was MML Investors Services, an estimated $265K added.
- The largest AdvisorShares Dorsey Wright FSM All Cap World ETF seller in Q4 2025 was Susquehanna International Group, an estimated $499K sold.
Based on aggregated 13F filings for Q4 2025.