Vault-13

DAVIS FUNDAMENTAL ETF TR DUSA

SELECT US EQTY · ETP · CUSIP 23908L207

50 institutional holders +2 vs Q4 2022
9,212,8779.2m shares reported held*
$260.4mreported value*
4 new 24 added 15 reduced 2 sold out net bought ≈ $3.9m (+182.2k 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 ≈ $28.26.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 46Q4 22: 48Q1 23: 5050Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202246
Q4 202248
Q1 202350

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 21 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 17 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222120
Q1 20232817

Biggest buyers

Andesa Financial Management Inc. Added +83,152+83.2k
Tidal Investments LLC Added +77,023+77.0k
Kestra Advisory Services, LLC Added +24,190+24.2k
Orion Portfolio Solutions, LLC New +17,089+17.1k
COMMONWEALTH EQUITY SERVICES, LLC Added +15,998+16.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +14,672+14.7k
CITADEL ADVISORS LLC Added +13,970+14.0k
JANE STREET GROUP, LLC Added +12,772+12.8k
STIFEL FINANCIAL CORP Added +12,503+12.5k
Lantz Financial LLC New +10,701+10.7k

Biggest sellers

MORGAN STANLEY Reduced -52,293-52.3k
LEVEL FOUR ADVISORY SERVICES, LLC Reduced -33,503-33.5k
CapWealth Advisors, LLC Reduced -18,852-18.9k
UBS Group AG Reduced -9,092-9.1k
NewEdge Advisors, LLC Reduced -7,356-7.4k
LPL Financial LLC Reduced -6,108-6.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -4,299-4.3k
IFP Advisors, Inc Reduced -3,127-3.1k
Private Advisor Group, LLC Reduced -3,090-3.1k
RAYMOND JAMES & ASSOCIATES Reduced -2,090-2.1k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Davis Selected Advisers 0.63% of their portfolio Tucson, AZ 3,332,4303.3m $94.7m $94.7m 0.63% Added +3.3k +3,292
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,554,7952.6m $72.6m $72.6m 0.01% Reduced -52.3k -52,293
3 Kestra Advisory Services, LLC 0.22% of their portfolio AUSTIN, TX 714,329714.3k $20.3m $20.3m 0.22% Added +24.2k +24,190
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 376,047376.0k $10.7m $10.7m 0.00% Reduced -9.1k -9,092
5 LEVEL FOUR ADVISORY SERVICES, LLC 0.46% of their portfolio DALLAS, TX 246,458246.5k $7.0m $7.0m 0.46% Reduced -33.5k -33,503
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 197,391197.4k $5.6m $5.6m 0.00% Reduced -6.1k -6,108
7 Gladstone Institutional Advisory LLC 0.31% of their portfolio Bedminster, NJ 168,092168.1k $4.8m $4.8m 0.31% Added +6.4k +6,388
8 Tidal Investments LLC 0.08% of their portfolio Milwaukee, WI 158,746158.7k $4.5m $4.5m 0.08% Added +77.0k +77,023
9 Andesa Financial Management Inc. 1.43% of their portfolio ALLENTOWN, PA 152,620152.6k $2.8m $2.8m 1.43% Added +83.2k +83,152
10 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 144,879144.9k $4.1m $4.1m 0.05% Reduced -1.7k -1,745
11 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 126,186126.2k $3.6m $3.6m 0.01% Added +16.0k +15,998
12 OLD MISSION CAPITAL LLC 0.10% of their portfolio CHICAGO, IL 112,888112.9k $3.2m $3.2m 0.10% Reduced -227 -227
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 85,40885.4k $2.4m $2.4m 0.00% Added +12.8k +12,772
14 Sebold Capital Management, Inc. 1.80% of their portfolio LISLE, IL 80,07980.1k $2.3m $2.3m 1.80% Added +6.9k +6,888
15 CapWealth Advisors, LLC 0.26% of their portfolio FRANKLIN, TN 74,68774.7k $2.1m $2.1m 0.26% Reduced -18.9k -18,852
16 Next Level Private LLC 1.51% of their portfolio HARRISON, NY 67,52867.5k $1.9m $1.9m 1.51% Added +5.9k +5,895
17 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 56,14156.1k $1.6m $1.6m 0.00% Reduced -2.1k -2,090
18 Beck Bode, LLC 0.29% of their portfolio DEDHAM, MA 40,99641.0k $1.2m $1.2m 0.29% Added +1.4k +1,359
19 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 36,99937.0k $1.1m $1.1m 0.01% Reduced -3.1k -3,090
20 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 36,72136.7k $1.0m $1.0m 0.00% Reduced -800 -800
21 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 36,24336.2k $1.0m $1.0m 0.03% Reduced -1.6k -1,550
22 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 31,81631.8k $904.5k $904.5k 0.00% Added +12.5k +12,503
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 30,47730.5k $866.5k $866.5k 0.00% Added +14.0k +13,970
24 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 28,41028.4k $807.7k $807.7k 0.00% Added +42 +42
25 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 27,09027.1k $770.2k $770.2k 0.00% Added +159 +159
26 Kathleen S. Wright Associates Inc. 0.42% of their portfolio PITTSBURGH, PA 22,38822.4k $636.5k $636.5k 0.42% Unchanged
27 Mariner, LLC 0.00% of their portfolio Overland Park, KS 21,83721.8k $621.0k $621.0k 0.00% Reduced -75 -75
28 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,66721.7k $616.0k $616.0k 0.00% Added +1.1k +1,100
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,39721.4k $608.3k $608.3k 0.00% Added +449 +449
30 Financial Advocates Investment Management 0.04% of their portfolio OLYMPIA, WA 20,53720.5k $583.9k $583.9k 0.04% Reduced -705 -705
31 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 17,79017.8k $505.8k $505.8k 0.04% Added +1.2k +1,182
32 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 17,08917.1k $485.8k $485.8k 0.01% Added +6.8k +6,833
33 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 17,08917.1k $485.8k $485.8k 0.01% New
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 16,94616.9k $481.8k $481.8k 0.00% Added +261 +261
35 Melone Private Wealth, LLC 0.33% of their portfolio AUBURN HILLS, MI 15,17515.2k $431.4k $431.4k 0.33% Added +550 +550
36 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 14,82514.8k $421.5k $421.5k 0.01% Reduced -7.4k -7,356
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,67214.7k $417.1k $417.1k 0.00% New
38 Focus Financial Network, Inc. 0.03% of their portfolio MINNEAPOLIS, MN 14,26214.3k $405.5k $405.5k 0.03% Added +139 +139
39 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 12,05312.1k $342.7k $342.7k 0.00% Unchanged
40 Lantz Financial LLC 0.13% of their portfolio NAPERVILLE, IL 10,70110.7k $304.2k $304.2k 0.13% New
41 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,8888.9k $252.7k $252.7k 0.00% Added +2.5k +2,450
42 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 8,0008.0k $227.4k $227.4k 0.01% Added +5.0k +5,000
43 Diligent Investors, LLC 0.07% of their portfolio REDLANDS, CA 7,9107.9k $224.9k $224.9k 0.07% Unchanged
44 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 5,5165.5k $132.7k $132.7k 0.01% Reduced -3.1k -3,127
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,3703.4k $95.8k $95.8k 0.00% Added +3.4k +3,365
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 2,1272.1k $60.5k $60.5k 0.00% Unchanged
47 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 930930 $26.0k $26.0k 0.00% Unchanged
48 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 620620 $17.6k $17.6k 0.00% Unchanged
49 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 250250 $7.1k $7.1k 0.00% Unchanged
50 FMR LLC 0.00% of their portfolio BOSTON, MA 22 $56 $56 0.00% New