Vault-13

DAVIS FUNDAMENTAL ETF TR DWLD

SELECT WRLD WI · ETP · CUSIP 23908L306

62 institutional holders +3 vs Q4 2025
8,213,4268.2m shares reported held*
$359.8mreported value*
6 new 26 added 15 reduced 2 sold out net bought ≈ $38.3m (+875.3k 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 ($65.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.81.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 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: 59Q1 26: 6262Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q1 202662

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 15 bought or addedQ2 24: 21 cut or sold outQ3 24: 18 bought or addedQ3 24: 21 cut or sold outQ3 24Q4 24: 23 bought or addedQ4 24: 18 cut or sold outQ1 25: 19 bought or addedQ1 25: 21 cut or sold outQ1 25Q2 25: 29 bought or addedQ2 25: 11 cut or sold outQ3 25: 27 bought or addedQ3 25: 22 cut or sold outQ3 25Q4 25: 33 bought or addedQ4 25: 18 cut or sold outQ1 26: 32 bought or addedQ1 26: 17 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241521
Q3 20241821
Q4 20242318
Q1 20251921
Q2 20252911
Q3 20252722
Q4 20253318
Q1 20263217

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +322,810+322.8k
LPL Financial LLC Added +159,515+159.5k
MORGAN STANLEY Added +119,479+119.5k
ROYAL BANK OF CANADA Added +67,364+67.4k
Cetera Investment Advisers Added +52,074+52.1k
RAYMOND JAMES FINANCIAL INC Added +36,448+36.4k
Davis Selected Advisers Added +18,125+18.1k
Melone Private Wealth, LLC Added +17,224+17.2k
CITADEL ADVISORS LLC New +16,236+16.2k
Strategic Blueprint, LLC Added +15,810+15.8k

Biggest sellers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -7,553-7.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -5,857-5.9k
J.W. COLE ADVISORS, INC. Sold out -4,593-4.6k
OSAIC HOLDINGS, INC. Reduced -3,718-3.7k
Southeast Asset Advisors, LLC Reduced -3,175-3.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -2,391-2.4k
JANE STREET GROUP, LLC Reduced -1,697-1.7k
Modern Wealth Management, LLC Reduced -1,441-1.4k
Rockefeller Capital Management L.P. Reduced -1,309-1.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -688-688

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Davis Selected Advisers 0.39% of their portfolio Tucson, AZ 1,935,5851.9m $84.8m $84.8m 0.39% Added +18.1k +18,125
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,800,0861.8m $78.9m $78.9m 0.00% Added +119.5k +119,479
3 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 780,871780.9k $34.2m $34.2m 0.04% Added +52.1k +52,074
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 548,101548.1k $24.0m $24.0m 0.01% Added +159.5k +159,515
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 430,193430.2k $18.8m $18.8m 0.00% Added +322.8k +322,810
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 388,003388.0k $17.0m $17.0m 0.00% Added +67.4k +67,364
7 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 347,396347.4k $15.2m $15.2m 0.01% Added +11.3k +11,268
8 Fjell Capital, LLC 9.06% of their portfolio FARGO, ND 268,913268.9k $11.8m $11.8m 9.06% Added +13.4k +13,378
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 258,279258.3k $11.3m $11.3m 0.00% Added +36.4k +36,448
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 178,835178.8k $7.8m $7.8m 0.00% Added +12.7k +12,666
11 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 178,722178.7k $7.8m $7.8m 0.01% Added +4.9k +4,948
12 Melone Private Wealth, LLC 2.19% of their portfolio AUBURN HILLS, MI 122,229122.2k $5.4m $5.4m 2.19% Added +17.2k +17,224
13 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 105,898105.9k $4.6m $4.6m 0.03% Added +10.0k +9,976
14 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 89,39989.4k $3.9m $3.9m 0.01% Reduced -1.3k -1,309
15 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 82,08582.1k $3.6m $3.6m 0.01% Added +3.8k +3,801
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 69,52669.5k $3.0m $3.0m 0.00% Reduced -7.6k -7,553
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 47,15647.2k $2.1m $2.1m 0.00% Reduced -2.4k -2,391
18 INTEGRITY WEALTH ADVISORS, INC. 1.21% of their portfolio Ventura, CA 46,08846.1k $2.0m $2.0m 1.21% Added +439 +439
19 BENJAMIN EDWARDS INC 0.02% of their portfolio Clayton, MO 42,42542.4k $1.9m $1.9m 0.02% Added +955 +955
20 RHODES INVESTMENT ADVISORS INC /ADV 1.56% of their portfolio FORT WORTH, TX 41,43141.4k $1.8m $1.8m 1.56% Added +1.3k +1,270
21 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 40,08440.1k $1.8m $1.8m 0.00% Reduced -688 -688
22 Southeast Asset Advisors, LLC 0.18% of their portfolio THOMASVILLE, GA 37,62037.6k $1.6m $1.6m 0.18% Reduced -3.2k -3,175
23 Lunt Capital Management, Inc. 0.63% of their portfolio HOLLADAY, UT 37,43737.4k $1.6m $1.6m 0.63% Unchanged
24 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 33,40833.4k $1.5m $1.5m 0.00% Added +2.8k +2,808
25 Heritage Wealth Management, Inc. 0.70% of their portfolio CINCINNATI, OH 32,27232.3k $1.4m $1.4m 0.70% Added +623 +623
26 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 31,88131.9k $1.4m $1.4m 0.01% Reduced -423 -423
27 Strategic Blueprint, LLC 0.07% of their portfolio ATLANTA, GA 25,85925.9k $1.1m $1.1m 0.07% Added +15.8k +15,810
28 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 20,07320.1k $879.4k $879.4k 0.00% Added +1.1k +1,098
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 16,23616.2k $711.3k $711.3k 0.00% New
30 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,48313.5k $590.7k $590.7k 0.00% Reduced -1.7k -1,697
31 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 13,21613.2k $579.0k $579.0k 0.01% Added +216 +216
32 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 13,17113.2k $577.0k $577.0k 0.00% Reduced -96 -96
33 HighPoint Advisor Group LLC 0.02% of their portfolio DOWNERS GROVE, IL 12,53812.5k $549.3k $549.3k 0.02% Added +2.5k +2,511
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,22711.2k $491.9k $491.9k 0.00% Reduced -3.7k -3,718
35 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,87810.9k $477.0k $477.0k 0.00% Unchanged
36 Capital Investment Advisory Services, LLC 0.03% of their portfolio RALEIGH, NC 8,9168.9k $390.6k $390.6k 0.03% Added +1.1k +1,069
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,6938.7k $380.8k $380.8k 0.00% Reduced -5.9k -5,857
38 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 8,1348.1k $356.4k $356.4k 0.00% Added +3.1k +3,124
39 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 7,6007.6k $334.7k $334.7k 0.01% Reduced -1.4k -1,441
40 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 7,4007.4k $324.2k $324.2k 0.00% Unchanged
41 SUMMIT WEALTH GROUP LLC / CO 0.03% of their portfolio COLORADO SPRINGS, CO 7,3167.3k $320.5k $320.5k 0.03% Reduced -209 -209
42 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,2007.2k $315.4k $315.4k 0.00% Unchanged
43 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 6,6916.7k $293.1k $293.1k 0.00% Reduced -6 -6
44 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,5776.6k $288.1k $288.1k 0.00% Reduced -22 -22
45 Confluence Wealth Services, Inc. 0.01% of their portfolio MCMURRAY, PA 6,1916.2k $271.2k $271.2k 0.01% Unchanged
46 Diligent Investors, LLC 0.05% of their portfolio REDLANDS, CA 5,0205.0k $219.9k $219.9k 0.05% Unchanged
47 KINGSWOOD WEALTH ADVISORS, LLC 0.01% of their portfolio SAN DIEGO, CA 4,9915.0k $218.7k $218.7k 0.01% New
48 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,5874.6k $201.0k $201.0k 0.00% Unchanged
49 NBZ Investment Advisors LLC 0.09% of their portfolio KNOXVILLE, TN 4,5754.6k $200.4k $200.4k 0.09% New
50 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,2032.2k $96.5k $96.5k 0.00% New
51 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1,7771.8k $77.8k $77.8k 0.00% Added +24 +24
52 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,5051.5k $65.9k $65.9k 0.00% Unchanged
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,4961.5k $65.5k $65.5k 0.00% New
54 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,1171.1k $48.9k $48.9k 0.00% Unchanged
55 Birchwood Financial Partners, Inc. 0.04% of their portfolio BLOOMINGTON, MN 985985 $43.2k $43.2k 0.04% Unchanged
56 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 600600 $26.3k $26.3k 0.00% Unchanged
57 City State Bank 0.00% of their portfolio NORWALK, IA 358358 $15.7k $15.7k 0.00% Unchanged
58 ALERUS FINANCIAL NA 0.00% of their portfolio GRAND FORKS, ND 159159 $7.0k $7.0k 0.00% Unchanged
59 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 125125 $5.5k $5.5k 0.00% Unchanged
60 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 100100 $4.4k $4.4k 0.00% New
61 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $37 $37 0.00% Reduced -1 -1
62 SITTNER & NELSON, LLC 0.00% of their portfolio EUGENE, OR 11 $44 $44 0.00% Unchanged