Vault-13

DAVIS FUNDAMENTAL ETF TR DUSA

SELECT US EQTY · ETP · CUSIP 23908L207

65 institutional holders -4 vs Q1 2025
12,863,35112.9m shares reported held*
$595.3mreported value*
1 new 26 added 17 reduced 6 sold out net bought ≈ $29.6m (+638.6k 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 ≈ $46.28. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 46Q4 22: 48Q1 23: 50Q2 23: 51Q3 23: 52Q4 23: 60Q1 24: 65Q2 24: 62Q3 24: 68Q4 24: 68Q1 25: 69Q2 25: 6565Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202246
Q4 202248
Q1 202350
Q2 202351
Q3 202352
Q4 202360
Q1 202465
Q2 202462
Q3 202468
Q4 202468
Q1 202569
Q2 202565

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 19 bought or addedQ3 23: 27 cut or sold outQ4 23: 30 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 25 cut or sold outQ2 24: 29 bought or addedQ2 24: 20 cut or sold outQ2 24Q3 24: 32 bought or addedQ3 24: 28 cut or sold outQ4 24: 34 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 30 bought or addedQ1 25: 26 cut or sold outQ2 25: 27 bought or addedQ2 25: 23 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231927
Q4 20233024
Q1 20243225
Q2 20242920
Q3 20243228
Q4 20243427
Q1 20253026
Q2 20252723

Biggest buyers

LPL Financial LLC Added +246,274+246.3k
WELLS FARGO & COMPANY/MN Added +218,573+218.6k
UBS Group AG Added +84,153+84.2k
KESTRA PRIVATE WEALTH SERVICES, LLC Added +58,262+58.3k
RAYMOND JAMES FINANCIAL INC Added +57,608+57.6k
Rockefeller Capital Management L.P. Added +52,175+52.2k
Priebe Wealth Holdings LLC Added +42,325+42.3k
MORGAN STANLEY Added +39,379+39.4k
Cambridge Investment Research Advisors, Inc. Added +31,469+31.5k
ROYAL BANK OF CANADA Added +31,316+31.3k

Biggest sellers

Geneos Wealth Management Inc. Reduced -182,540-182.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -50,935-50.9k
BANK OF AMERICA CORP /DE/ Reduced -31,431-31.4k
CWM, LLC Reduced -8,328-8.3k
Lunt Capital Management, Inc. Reduced -6,700-6.7k
Diligent Investors, LLC Sold out -6,185-6.2k
NewEdge Advisors, LLC Sold out -4,990-5.0k
B. Riley Wealth Advisors, Inc. Sold out -4,881-4.9k
Quantinno Capital Management LP Reduced -3,083-3.1k
CapWealth Advisors, LLC Reduced -2,887-2.9k

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,967,4484.0m $183.6m $183.6m 0.01% Added +39.4k +39,379
2 Davis Selected Advisers 0.84% of their portfolio Tucson, AZ 3,383,3383.4m $156.6m $156.6m 0.84% Unchanged
3 Kestra Advisory Services, LLC 0.20% of their portfolio AUSTIN, TX 889,292889.3k $41.2m $41.2m 0.20% Added +24.7k +24,660
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 635,908635.9k $29.4m $29.4m 0.01% Added +246.3k +246,274
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 625,923625.9k $29.0m $29.0m 0.00% Reduced -31.4k -31,431
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 480,433480.4k $22.2m $22.2m 0.00% Added +84.2k +84,153
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 325,920325.9k $15.1m $15.1m 0.01% Added +57.6k +57,608
8 Next Level Private LLC 4.79% of their portfolio HARRISON, NY 318,009318.0k $14.7m $14.7m 4.79% Added +24.1k +24,092
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 290,959291.0k $13.5m $13.5m 0.00% Added +218.6k +218,573
10 Priebe Wealth Holdings LLC 6.66% of their portfolio MAPLE GROVE, MN 166,315166.3k $7.7m $7.7m 6.66% Added +42.3k +42,325
11 Lunt Capital Management, Inc. 2.83% of their portfolio HOLLADAY, UT 159,615159.6k $7.4m $7.4m 2.83% Reduced -6.7k -6,700
12 LEVEL FOUR ADVISORY SERVICES, LLC 0.25% of their portfolio DALLAS, TX 147,168147.2k $6.8m $6.8m 0.25% Added +30 +30
13 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 143,401143.4k $6.6m $6.6m 0.05% Added +981 +981
14 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 134,134134.1k $6.2m $6.2m 0.01% Reduced -50.9k -50,935
15 KESTRA PRIVATE WEALTH SERVICES, LLC 0.08% of their portfolio AUSTIN, TX 125,376125.4k $5.8m $5.8m 0.08% Added +58.3k +58,262
16 Geneos Wealth Management Inc. 0.14% of their portfolio ENGLEWOOD, CO 124,481124.5k $5.8m $5.8m 0.14% Reduced -182.5k -182,540
17 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 108,785108.8k $5.0m $5.0m 0.00% Added +10.4k +10,449
18 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 100,846100.8k $4.7m $4.7m 0.01% Added +52.2k +52,175
19 Sebold Capital Management, Inc. 2.26% of their portfolio LISLE, IL 79,34879.3k $3.7m $3.7m 2.26% Added +207 +207
20 SUMMIT WEALTH GROUP LLC / CO 0.69% of their portfolio COLORADO SPRINGS, CO 59,29659.3k $2.7m $2.7m 0.69% First filing
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 58,21858.2k $2.7m $2.7m 0.00% Added +31.3k +31,316
22 SILVER OAK SECURITIES, INCORPORATED 0.16% of their portfolio JACKSON, TN 42,23042.2k $2.0m $2.0m 0.16% Reduced -10 -10
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 40,36740.4k $1.9m $1.9m 0.01% Added +31.5k +31,469
24 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 36,69236.7k $1.7m $1.7m 0.01% Added +574 +574
25 CapWealth Advisors, LLC 0.14% of their portfolio FRANKLIN, TN 30,29730.3k $1.4m $1.4m 0.14% Reduced -2.9k -2,887
26 Gladstone Institutional Advisory LLC 0.05% of their portfolio Bedminster, NJ 25,79125.8k $1.2m $1.2m 0.05% Reduced -2.2k -2,216
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 24,92524.9k $1.2m $1.2m 0.00% Added +169 +169
28 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 24,90924.9k $1.2m $1.2m 0.00% Reduced -608 -608
29 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 24,82324.8k $1.1m $1.1m 0.02% Reduced -1.4k -1,376
30 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 23,92823.9k $1.1m $1.1m 0.00% Reduced -18 -18
31 Lantz Financial LLC 0.27% of their portfolio NAPERVILLE, IL 23,64623.6k $1.1m $1.1m 0.27% Added +937 +937
32 Kathleen S. Wright Associates Inc. 0.42% of their portfolio PITTSBURGH, PA 23,22523.2k $1.1m $1.1m 0.42% Unchanged
33 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 22,78622.8k $1.1m $1.1m 0.01% Reduced -547 -547
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,47122.5k $1.0m $1.0m 0.00% Added +8.4k +8,376
35 Blume Capital Management, Inc. 0.15% of their portfolio BERKELEY, CA 15,72515.7k $727.8k $727.8k 0.15% Added +9.8k +9,850
36 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 15,52115.5k $718.3k $718.3k 0.01% Added +1.6k +1,565
37 Melone Private Wealth, LLC 0.34% of their portfolio AUBURN HILLS, MI 14,51214.5k $670.3k $670.3k 0.34% Unchanged
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 13,40913.4k $620.6k $620.6k 0.00% Reduced -2.7k -2,743
39 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 11,87811.9k $549.7k $549.7k 0.01% Added +55 +55
40 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 11,03411.0k $510.6k $510.6k 0.02% Reduced -334 -334
41 Summit Investment Advisory Services, LLC 0.17% of their portfolio ROSEVILLE, MN 8,3318.3k $385.6k $385.6k 0.17% Added +348 +348
42 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 7,6247.6k $353.0k $353.0k 0.01% Unchanged
43 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 7,5677.6k $350.2k $350.2k 0.00% Added +849 +849
44 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,1607.2k $331.4k $331.4k 0.00% Unchanged
45 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,7256.7k $311.2k $311.2k 0.00% Reduced -244 -244
46 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 5,8455.8k $270.5k $270.5k 0.00% Reduced -1.0k -1,040
47 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 5,8425.8k $270.4k $270.4k 0.00% Unchanged
48 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 5,5365.5k $256.2k $256.2k 0.00% Unchanged
49 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 5,4955.5k $254.3k $254.3k 0.00% New
50 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 5,3745.4k $249.0k $249.0k 0.00% Unchanged
51 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 5,3045.3k $245.5k $245.5k 0.00% Unchanged
52 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 4,5204.5k $209.2k $209.2k 0.00% Reduced -3.1k -3,083
53 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,2214.2k $195.3k $195.3k 0.00% Added +1.2k +1,194
54 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,7152.7k $125.7k $125.7k 0.00% Unchanged
55 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,6652.7k $123.3k $123.3k 0.00% Unchanged
56 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,0442.0k $95.0k $95.0k 0.00% Reduced -8.3k -8,328
57 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 995995 $46.0k $46.0k 0.00% Unchanged
58 Millstone Evans Group, LLC 0.02% of their portfolio BOULDER, CO 768768 $35.5k $35.5k 0.02% Unchanged
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 730730 $33.8k $33.8k 0.00% Unchanged
60 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 500500 $23.1k $23.1k 0.00% Unchanged
61 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 312312 $14.4k $14.4k 0.00% Unchanged
62 Kozak & Associates, Inc. 0.00% of their portfolio HIGHLANDS RANCH, CO 276276 $12.9k $12.9k 0.00% Unchanged
63 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 250250 $11.6k $11.6k 0.00% Unchanged
64 Game Plan Financial Advisors, LLC 0.00% of their portfolio WESTLAKE, OH 170170 $7.9k $7.9k 0.00% Unchanged
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged