Vault-13

DAVIS FUNDAMENTAL ETF TR DFNL

SELECT FINL · ETP · CUSIP 23908L108

45 institutional holders +3 vs Q4 2023
5,504,0605.5m shares reported held*
$183.4mreported value*
7 new 10 added 16 reduced 4 sold out net bought ≈ $12.0m (+356.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $33.32. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 42Q1 23: 39Q2 23: 38Q3 23: 35Q4 23: 42Q1 24: 4545Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202241
Q4 202242
Q1 202339
Q2 202338
Q3 202335
Q4 202342
Q1 202445

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 19 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 15 bought or addedQ1 23: 22 cut or sold outQ1 23Q2 23: 9 bought or addedQ2 23: 23 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 18 cut or sold outQ3 23Q4 23: 16 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 20 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221919
Q1 20231522
Q2 2023923
Q3 2023718
Q4 20231617
Q1 20241720

Biggest buyers

MORGAN STANLEY Added +793,714+793.7k
JANE STREET GROUP, LLC Added +35,850+35.9k
CITADEL ADVISORS LLC New +25,247+25.2k
BANK OF MONTREAL /CAN/ New +20,952+21.0k
ENVESTNET ASSET MANAGEMENT INC Added +10,403+10.4k
Ameritas Advisory Services, LLC New +8,588+8.6k
HighTower Advisors, LLC Added +5,106+5.1k
CWM, LLC New +1,672+1.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO New +1,022+1.0k
CAPTRUST FINANCIAL ADVISORS Added +1,000+1.0k

Biggest sellers

Beacon Harbor Wealth Advisors, Inc. Sold out -318,633-318.6k
BANK OF AMERICA CORP /DE/ Reduced -119,868-119.9k
Bank of New York Mellon Corp Sold out -24,509-24.5k
UBS Group AG Reduced -24,177-24.2k
Rockefeller Capital Management L.P. Sold out -10,247-10.2k
Davis Selected Advisers Reduced -9,693-9.7k
Atlas Wealth LLC Reduced -8,017-8.0k
OSAIC HOLDINGS, INC. Reduced -6,608-6.6k
MERCER GLOBAL ADVISORS INC /ADV Reduced -5,347-5.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -4,581-4.6k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,262,6662.3m $75.4m $75.4m 0.00% Added +793.7k +793,714
2 Davis Selected Advisers 0.40% of their portfolio Tucson, AZ 2,128,4852.1m $70.9m $70.9m 0.40% Reduced -9.7k -9,693
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 203,125203.1k $6.8m $6.8m 0.00% Reduced -4.1k -4,139
4 Next Level Private LLC 1.25% of their portfolio HARRISON, NY 81,87881.9k $2.7m $2.7m 1.25% Added +829 +829
5 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 78,62078.6k $2.6m $2.6m 0.02% Reduced -2.2k -2,160
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 73,55673.6k $2.5m $2.5m 0.00% Reduced -24.2k -24,177
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 71,34471.3k $2.4m $2.4m 0.00% Reduced -119.9k -119,868
8 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 66,25866.3k $2.2m $2.2m 0.00% Added +5.1k +5,106
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 62,58162.6k $2.1m $2.1m 0.00% Added +35.9k +35,850
10 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 60,69460.7k $2.0m $2.0m 0.00% Reduced -4.6k -4,581
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,49555.5k $1.8m $1.8m 0.00% Reduced -3.2k -3,155
12 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 49,06049.1k $1.6m $1.6m 0.03% Reduced -2.5k -2,452
13 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 26,93026.9k $897.3k $897.3k 0.00% Reduced -6.6k -6,608
14 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 25,24725.2k $841.2k $841.2k 0.00% New
15 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 22,55622.6k $751.5k $751.5k 0.02% Added +52 +52
16 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 21,52821.5k $717.0k $717.0k 0.00% Reduced -5.3k -5,347
17 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 20,95221.0k $698.5k $698.5k 0.00% New
18 Atlas Wealth LLC 0.33% of their portfolio CINCINNATI, OH 20,51220.5k $683.4k $683.4k 0.33% Reduced -8.0k -8,017
19 SITTNER & NELSON, LLC 0.34% of their portfolio EUGENE, OR 20,23320.2k $674.2k $674.2k 0.34% Unchanged
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 20,02220.0k $667.1k $667.1k 0.00% Added +10.4k +10,403
21 ARKANSAS FINANCIAL GROUP, INC. 0.09% of their portfolio LITTLE ROCK, AR 14,50414.5k $483.3k $483.3k 0.09% Unchanged
22 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 13,66813.7k $455.4k $455.4k 0.02% Reduced -2.6k -2,551
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 12,11912.1k $403.8k $403.8k 0.00% Reduced -2.1k -2,150
24 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 12,10012.1k $403.2k $403.2k 0.00% Added +1.0k +1,000
25 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 10,83710.8k $361.1k $361.1k 0.00% Added +693 +693
26 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 10,80510.8k $360.0k $360.0k 0.00% Reduced -700 -700
27 Diligent Investors, LLC 0.09% of their portfolio REDLANDS, CA 10,30310.3k $343.3k $343.3k 0.09% Reduced -388 -388
28 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 10,06310.1k $335.3k $335.3k 0.00% Added +258 +258
29 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 9,4729.5k $315.6k $315.6k 0.01% Reduced -462 -462
30 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 8,5888.6k $286.2k $286.2k 0.01% New
31 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 7,1627.2k $238.6k $238.6k 0.02% Unchanged
32 Kathleen S. Wright Associates Inc. 0.05% of their portfolio PITTSBURGH, PA 3,1253.1k $104.1k $104.1k 0.05% Unchanged
33 Key Financial Inc 0.02% of their portfolio WEST CHESTER, PA 2,7052.7k $90.1k $90.1k 0.02% Unchanged
34 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,6721.7k $56.0k $56.0k 0.00% New
35 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,2301.2k $41.0k $41.0k 0.00% Added +409 +409
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0221.0k $34.1k $34.1k 0.00% New
37 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 723723 $24.1k $24.1k 0.00% Unchanged
38 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 715715 $23.8k $23.8k 0.00% New
39 WETZEL INVESTMENT ADVISORS, INC. 0.01% of their portfolio INDIANAPOLIS, IN 470470 $14.8k $14.8k 0.01% Unchanged
40 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 400400 $13.0k $13.0k 0.00% Unchanged
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 301301 $10.0k $10.0k 0.00% Unchanged
42 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 267267 $8.9k $8.9k 0.00% Unchanged
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6262 $2.1k $2.1k 0.00% Unchanged
44 Financial Gravity Asset Management, Inc. 0.00% of their portfolio Lakeway, TX 55 $152 $152 0.00% New
45 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged