Vault-13

DAVIS FUNDAMENTAL ETF TR DFNL

SELECT FINL · ETP · CUSIP 23908L108

46 institutional holders +1 vs Q3 2024
4,504,1444.5m shares reported held*
$171.8mreported value*
3 new 19 added 11 reduced 2 sold out net bought ≈ $8.4m (+222.4k 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 ≈ $38.13. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 42Q1 23: 39Q2 23: 38Q3 23: 35Q4 23: 42Q1 24: 45Q2 24: 44Q3 24: 45Q4 24: 4646Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202241
Q4 202242
Q1 202339
Q2 202338
Q3 202335
Q4 202342
Q1 202445
Q2 202444
Q3 202445
Q4 202446

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 15 bought or addedQ1 23: 22 cut or sold outQ2 23: 9 bought or addedQ2 23: 23 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 18 cut or sold outQ4 23: 16 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 20 cut or sold outQ2 24: 12 bought or addedQ2 24: 21 cut or sold outQ2 24Q3 24: 19 bought or addedQ3 24: 15 cut or sold outQ4 24: 22 bought or addedQ4 24: 13 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20231522
Q2 2023923
Q3 2023718
Q4 20231617
Q1 20241720
Q2 20241221
Q3 20241915
Q4 20242213

Biggest buyers

STIFEL FINANCIAL CORP Added +102,277+102.3k
MORGAN STANLEY Added +72,046+72.0k
LPL Financial LLC Added +36,382+36.4k
JANE STREET GROUP, LLC New +29,515+29.5k
GTS SECURITIES LLC New +19,302+19.3k
HighTower Advisors, LLC Added +13,135+13.1k
ARKANSAS FINANCIAL GROUP, INC. Added +10,470+10.5k
Modern Wealth Management, LLC New +10,220+10.2k
COMMONWEALTH EQUITY SERVICES, LLC Added +7,522+7.5k
Janney Montgomery Scott LLC Added +5,245+5.2k

Biggest sellers

Stratos Wealth Partners, LTD. Sold out -56,487-56.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -23,535-23.5k
ROYAL BANK OF CANADA Reduced -6,906-6.9k
MERCER GLOBAL ADVISORS INC /ADV Reduced -2,000-2.0k
J.W. COLE ADVISORS, INC. Reduced -1,425-1.4k
Prospera Financial Services Inc Reduced -762-762
CWM, LLC Reduced -430-430
Diligent Investors, LLC Reduced -319-319
D.A. DAVIDSON & CO. Reduced -317-317
Carson Advisory Inc. Reduced -248-248

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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Davis Selected Advisers 0.47% of their portfolio Tucson, AZ 2,129,2652.1m $81.1m $81.1m 0.47% Added +780 +780
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 855,316855.3k $32.6m $32.6m 0.00% Added +72.0k +72,046
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 305,118305.1k $11.6m $11.6m 0.00% Added +36.4k +36,382
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 147,580147.6k $5.6m $5.6m 0.00% Reduced -214 -214
5 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 129,085129.1k $4.9m $4.9m 0.01% Added +13.1k +13,135
6 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 116,636116.6k $4.4m $4.4m 0.00% Added +102.3k +102,277
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 84,72984.7k $3.2m $3.2m 0.00% Added +458 +458
8 Next Level Private LLC 1.28% of their portfolio HARRISON, NY 83,02683.0k $3.2m $3.2m 1.28% Added +1.1k +1,148
9 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 78,69078.7k $3.2m $3.2m 0.02% Added +2.6k +2,638
10 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 76,07176.1k $2.9m $2.9m 0.02% Reduced -317 -317
11 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 68,36468.4k $2.6m $2.6m 0.00% Added +7.5k +7,522
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 57,29657.3k $2.2m $2.2m 0.00% Reduced -6.9k -6,906
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 40,80340.8k $1.6m $1.6m 0.00% First filing
14 ARKANSAS FINANCIAL GROUP, INC. 0.20% of their portfolio LITTLE ROCK, AR 31,98132.0k $1.2m $1.2m 0.20% Added +10.5k +10,470
15 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 29,51529.5k $1.1m $1.1m 0.00% New
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 23,54423.5k $897.0k $897.0k 0.00% Added +1.6k +1,594
17 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 21,07521.1k $802.7k $802.7k 0.02% Reduced -762 -762
18 Atlas Wealth LLC 0.30% of their portfolio CINCINNATI, OH 20,51220.5k $781.3k $781.3k 0.30% Unchanged
19 SITTNER & NELSON, LLC 0.33% of their portfolio EUGENE, OR 20,23320.2k $770.7k $770.7k 0.33% Unchanged
20 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 19,30219.3k $735.2k $735.2k 0.04% New
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 19,05319.1k $725.7k $725.7k 0.00% Added +56 +56
22 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 18,54818.5k $706.5k $706.5k 0.00% Reduced -2.0k -2,000
23 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 17,25017.2k $657.0k $657.0k 0.00% Added +5.2k +5,245
24 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 12,11912.1k $461.6k $461.6k 0.02% Reduced -1.4k -1,425
25 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 10,90310.9k $415.3k $415.3k 0.00% Added +250 +250
26 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 10,22010.2k $389.3k $389.3k 0.01% New
27 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 9,98610.0k $380.4k $380.4k 0.01% Added +1.3k +1,298
28 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 9,8509.8k $375.2k $375.2k 0.00% Unchanged
29 Diligent Investors, LLC 0.08% of their portfolio REDLANDS, CA 9,6399.6k $367.2k $367.2k 0.08% Reduced -319 -319
30 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 9,4839.5k $361.2k $361.2k 0.01% Added +12 +12
31 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 9,4579.5k $360.2k $360.2k 0.00% Reduced -66 -66
32 FLAGSHIP HARBOR ADVISORS, LLC 0.01% of their portfolio BOSTON, MA 7,3197.3k $278.8k $278.8k 0.01% Added +157 +157
33 Carson Advisory Inc. 0.15% of their portfolio ATHENS, GA 5,5005.5k $209.5k $209.5k 0.15% Reduced -248 -248
34 Millstone Evans Group, LLC 0.09% of their portfolio BOULDER, CO 3,3003.3k $125.7k $125.7k 0.09% First filing
35 Kathleen S. Wright Associates Inc. 0.05% of their portfolio PITTSBURGH, PA 3,1253.1k $119.0k $119.0k 0.05% Unchanged
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0963.1k $117.9k $117.9k 0.00% Added +621 +621
37 Key Financial Inc 0.02% of their portfolio WEST CHESTER, PA 2,7052.7k $103.0k $103.0k 0.02% Unchanged
38 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,3581.4k $51.7k $51.7k 0.00% Unchanged
39 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,2331.2k $47.0k $47.0k 0.00% Reduced -430 -430
40 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 723723 $27.5k $27.5k 0.00% Unchanged
41 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 715715 $28.5k $28.5k 0.00% Unchanged
42 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 267267 $10.2k $10.2k 0.00% Unchanged
43 Clearstead Trust, LLC 0.00% of their portfolio PORTLAND, ME 9696 $3.7k $3.7k 0.00% Unchanged
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3131 $1.2k $1.2k 0.00% Reduced -31 -31
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2727 $1.0k $1.0k 0.00% Added +26 +26
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged