Vault-13

DAVIS FUNDAMENTAL ETF TR DWLD

SELECT WRLD WI · ETP · CUSIP 23908L306

59 institutional holders +8 vs Q3 2025
7,354,0787.4m shares reported held*
$343.0mreported value*
8 new 25 added 16 reduced 2 sold out net bought ≈ $21.4m (+458.7k 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 ≈ $46.64.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 43Q4 22: 43Q1 23: 43Q2 23: 41Q3 23: 45Q4 23: 44Q1 24: 42Q2 24: 48Q3 24: 47Q4 24: 46Q1 25: 49Q2 25: 52Q3 25: 51Q4 25: 5959Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202243
Q4 202243
Q1 202343
Q2 202341
Q3 202345
Q4 202344
Q1 202442
Q2 202448
Q3 202447
Q4 202446
Q1 202549
Q2 202552
Q3 202551
Q4 202559

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 21 bought or addedQ1 24: 20 cut or sold outQ2 24: 15 bought or addedQ2 24: 21 cut or sold outQ2 24Q3 24: 18 bought or addedQ3 24: 21 cut or sold outQ4 24: 23 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 21 cut or sold outQ2 25: 29 bought or addedQ2 25: 11 cut or sold outQ2 25Q3 25: 27 bought or addedQ3 25: 22 cut or sold outQ4 25: 33 bought or addedQ4 25: 18 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242120
Q2 20241521
Q3 20241821
Q4 20242318
Q1 20251921
Q2 20252911
Q3 20252722
Q4 20253318

Biggest buyers

LPL Financial LLC Added +151,593+151.6k
MORGAN STANLEY Added +111,744+111.7k
Melone Private Wealth, LLC New +105,005+105.0k
Cetera Investment Advisers Added +44,633+44.6k
Rockefeller Capital Management L.P. Added +35,739+35.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +14,550+14.6k
RAYMOND JAMES FINANCIAL INC Added +13,901+13.9k
Fjell Capital, LLC Added +12,340+12.3k
Kestra Advisory Services, LLC Added +10,849+10.8k
STIFEL FINANCIAL CORP Added +10,648+10.6k

Biggest sellers

INTEGRITY WEALTH ADVISORS, INC. Reduced -73,121-73.1k
CITADEL ADVISORS LLC Sold out -16,928-16.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -7,299-7.3k
Kestra Investment Management, LLC Sold out -5,137-5.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -5,062-5.1k
HighTower Advisors, LLC Reduced -4,253-4.3k
WELLS FARGO & COMPANY/MN Reduced -2,155-2.2k
CAPTRUST FINANCIAL ADVISORS Reduced -1,146-1.1k
BANK OF AMERICA CORP /DE/ Reduced -1,043-1.0k
UBS Group AG Reduced -967-967

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Davis Selected Advisers 0.40% of their portfolio Tucson, AZ 1,917,4601.9m $89.4m $89.4m 0.40% Added +1.2k +1,173
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,680,6071.7m $78.4m $78.4m 0.00% Added +111.7k +111,744
3 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 728,797728.8k $34.0m $34.0m 0.04% Added +44.6k +44,633
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 388,586388.6k $18.1m $18.1m 0.00% Added +151.6k +151,593
5 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 336,128336.1k $15.7m $15.7m 0.01% Added +10.6k +10,648
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 320,639320.6k $15.0m $15.0m 0.00% Added +8.1k +8,092
7 Fjell Capital, LLC 9.14% of their portfolio FARGO, ND 255,535255.5k $11.9m $11.9m 9.14% Added +12.3k +12,340
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 221,831221.8k $10.3m $10.3m 0.00% Added +13.9k +13,901
9 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 173,774173.8k $8.1m $8.1m 0.01% Added +6.9k +6,919
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 166,169166.2k $7.8m $7.8m 0.00% Reduced -967 -967
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 107,383107.4k $5.0m $5.0m 0.00% Reduced -1.0k -1,043
12 Melone Private Wealth, LLC 2.08% of their portfolio AUBURN HILLS, MI 105,005105.0k $4.9m $4.9m 2.08% New
13 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 95,92295.9k $4.5m $4.5m 0.02% Added +6.0k +5,997
14 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 90,70890.7k $4.2m $4.2m 0.01% Added +35.7k +35,739
15 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 78,28478.3k $3.7m $3.7m 0.02% Added +10.8k +10,849
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 77,07977.1k $3.6m $3.6m 0.00% Reduced -5.1k -5,062
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 49,54749.5k $2.3m $2.3m 0.00% Reduced -7.3k -7,299
18 INTEGRITY WEALTH ADVISORS, INC. 1.50% of their portfolio Ventura, CA 45,64945.6k $2.1m $2.1m 1.50% Reduced -73.1k -73,121
19 BENJAMIN EDWARDS INC 0.02% of their portfolio Clayton, MO 41,47041.5k $1.9m $1.9m 0.02% Added +1.8k +1,835
20 Southeast Asset Advisors, LLC 0.18% of their portfolio THOMASVILLE, GA 40,79540.8k $1.9m $1.9m 0.18% Reduced -15 -15
21 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 40,77240.8k $1.9m $1.9m 0.00% Added +128 +128
22 RHODES INVESTMENT ADVISORS INC /ADV 1.52% of their portfolio FORT WORTH, TX 40,16140.2k $1.9m $1.9m 1.52% First filing
23 Lunt Capital Management, Inc. 0.65% of their portfolio HOLLADAY, UT 37,43737.4k $1.7m $1.7m 0.65% Unchanged
24 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 32,30432.3k $1.5m $1.5m 0.01% Reduced -407 -407
25 Heritage Wealth Management, Inc. 0.41% of their portfolio CINCINNATI, OH 31,64931.6k $1.5m $1.5m 0.41% Added +4.9k +4,929
26 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 30,60030.6k $1.4m $1.4m 0.00% Reduced -1.1k -1,146
27 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 18,97519.0k $885.0k $885.0k 0.00% Added +869 +869
28 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,18015.2k $708.0k $708.0k 0.00% Reduced -462 -462
29 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,94514.9k $697.2k $697.2k 0.00% Added +1.4k +1,440
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,55014.6k $678.6k $678.6k 0.00% New
31 MGB Wealth Management, LLC 0.19% of their portfolio ADDISON, TX 14,42314.4k $672.7k $672.7k 0.19% Added +1.1k +1,069
32 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 13,26713.3k $618.8k $618.8k 0.00% Reduced -383 -383
33 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 13,00013.0k $606.3k $606.3k 0.01% Unchanged
34 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,87810.9k $507.0k $507.0k 0.00% Added +2.5k +2,459
35 Strategic Blueprint, LLC 0.03% of their portfolio ATLANTA, GA 10,04910.0k $468.7k $468.7k 0.03% New
36 HighPoint Advisor Group LLC 0.01% of their portfolio DOWNERS GROVE, IL 10,02710.0k $467.7k $467.7k 0.01% New
37 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 9,0419.0k $421.7k $421.7k 0.01% Unchanged
38 Capital Investment Advisory Services, LLC 0.03% of their portfolio RALEIGH, NC 7,8477.8k $366.0k $366.0k 0.03% Added +3.4k +3,402
39 SUMMIT WEALTH GROUP LLC / CO 0.05% of their portfolio COLORADO SPRINGS, CO 7,5257.5k $351.0k $351.0k 0.05% New
40 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 7,4007.4k $345.1k $345.1k 0.00% Unchanged
41 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,2007.2k $335.8k $335.8k 0.00% Unchanged
42 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 6,6976.7k $312.4k $312.4k 0.00% Reduced -258 -258
43 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,5996.6k $307.8k $307.8k 0.00% Added +9 +9
44 Confluence Wealth Services, Inc. 0.01% of their portfolio MCMURRAY, PA 6,1916.2k $288.7k $288.7k 0.01% Added +112 +112
45 Diligent Investors, LLC 0.06% of their portfolio REDLANDS, CA 5,0205.0k $234.1k $234.1k 0.06% Reduced -500 -500
46 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 5,0105.0k $233.7k $233.7k 0.00% Reduced -4.3k -4,253
47 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 4,5934.6k $214.2k $214.2k 0.01% Added +47 +47
48 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,5874.6k $214.0k $214.0k 0.00% Reduced -8 -8
49 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1,7531.8k $81.8k $81.8k 0.00% Added +96 +96
50 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,5051.5k $70.0k $70.0k 0.00% Added +20 +20
51 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,1171.1k $52.1k $52.1k 0.00% Reduced -9 -9
52 Birchwood Financial Partners, Inc. 0.05% of their portfolio BLOOMINGTON, MN 985985 $45.9k $45.9k 0.05% First filing
53 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 600600 $28.0k $28.0k 0.00% Unchanged
54 City State Bank 0.00% of their portfolio NORWALK, IA 358358 $16.7k $16.7k 0.00% New
55 SageView Advisory Group, LLC 0.00% of their portfolio Newport Beach, CA 178178 $8.3k $8.3k 0.00% New
56 ALERUS FINANCIAL NA 0.00% of their portfolio GRAND FORKS, ND 159159 $7.4k $7.4k 0.00% Unchanged
57 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 125125 $5.8k $5.8k 0.00% New
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22 $86 $86 0.00% Reduced -2.2k -2,155
59 SITTNER & NELSON, LLC 0.00% of their portfolio EUGENE, OR 11 $47 $47 0.00% Unchanged