Davis Select Financial ETFDFNLETF
13F holders, Q4 2025 (December 31)55holders +9
12new positions
2sold out
1famous investor
$48.36avg. 13F price*
At the end of Q4 2025, 55 institutions reported holding Davis Select Financial ETF (DFNL) in their 13F filings, up 9 from Q3 2025. 12 opened new positions and 2 sold out. The largest holders were Davis Selected Advisers ($103.0M), Morgan Stanley ($48.2M) and Thrivent Financial for Lutherans ($41.6M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Davis Select Financial ETF
- Filed as
- DAVIS FUNDAMENTAL ETF TR (Q4 2025)
- CUSIP
- 23908L108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 12 | $46.5M |
| Exits | 2 | $717K |
All 13F filers, Q3 2025 → Q4 2025: 1,124,085 shares bought and 28,715 shares sold, net +1,095,370 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 55 holders
| Davis Selected Advisers | 0.46% | Add +0.0% | 2,130,361 | $103.0M |
| Morgan Stanley | 0.00% | Add +5.3% | 998,160 | $48.2M |
| Thrivent Financial for Lutherans | 0.08% | New | 858,982 | $41.6M |
| LPL Financial LLC | 0.01% | Add +8.3% | 396,816 | $19.2M |
| Bank of America Corp. | 0.00% | Add +0.1% | 199,241 | $9.6M |
| HighTower Advisors, LLC | 0.01% | Add +0.8% | 128,853 | $6.2M |
| UBS Group AG | 0.00% | Reduce -5.9% | 90,972 | $4.4M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +6.1% | 90,966 | $4.4M |
| Raymond James Financial Inc. | 0.00% | Add +142.3% | 85,514 | $4.1M |
| Sanctuary Advisors, LLC | 0.02% | Add +2.1% | 85,475 | $4.1M |
| Next Level Private LLC | 1.04% | Reduce -0.9% | 81,723 | $3.9M |
| D.A. Davidson & Co. | 0.02% | Add +0.1% | 78,712 | $3.8M |
| Arkansas Financial Group, Inc. | 0.40% | Add +9.5% | 57,284 | $2.8M |
| Royal Bank of Canada | 0.00% | Add +6.8% | 51,806 | $2.5M |
| Kestra Advisory Services, LLC | 0.01% | Add +14.4% | 43,387 | $2.1M |
| Hilltop Holdings Inc. | 0.09% | New | 29,239 | $1.4M |
| Osaic Holdings, Inc. | 0.00% | Add +5.5% | 27,774 | $1.3M |
| Axiom Financial Strategies, LLC | 0.54% | No change | 26,368 | $1.3M |
| J.W. Cole Advisors, Inc. | 0.03% | Add +0.9% | 23,316 | $1.1M |
| Stifel Financial Corp. | 0.00% | Reduce -13.8% | 22,781 | $1.1M |
| Summit Wealth Group LLC / Co. | 0.14% | New | 22,449 | $1.1M |
| Janney Montgomery Scott LLC | 0.00% | Add +15.2% | 20,993 | $1.0M |
| Sittner & Nelson, LLC | 0.36% | No change | 20,233 | $1.0M |
| Geneos Wealth Management Inc. | 0.02% | Add +15.9% | 20,658 | $998K |
| Prospera Financial Services Inc | 0.01% | Reduce -6.3% | 18,208 | $880K |
| Perigon Wealth Management, LLC | 0.02% | New | 18,044 | $872K |
| Atlas Wealth LLC | 0.32% | Reduce -5.9% | 16,847 | $814K |
| Citadel Advisors | 0.00% | New | 16,821 | $813K |
| Commonwealth Equity Services, LLC | 0.00% | Add +0.7% | 13,189 | $637K |
| Melone Private Wealth, LLC | 0.24% | Add +10.3% | 11,525 | $557K |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -1.7% | 10,080 | $487K |
| DAVENPORT & Co LLC | 0.00% | Add +7.6% | 9,802 | $474K |
| Modern Wealth Management, LLC | 0.01% | No change | 9,560 | $462K |
| Kovack Advisors, Inc. | 0.02% | New | 9,434 | $456K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -0.1% | 8,818 | $426K |
| Captrust Financial Advisors | 0.00% | Reduce -0.3% | 8,075 | $390K |
| Flagship Harbor Advisors, LLC | 0.02% | No change | 7,319 | $354K |
| Carson Advisory Inc. | 0.14% | No change | 5,500 | $266K |
| Diligent Investors, LLC | 0.06% | Reduce -5.1% | 5,446 | $263K |
| Private Advisor Group, LLC | 0.00% | New | 4,678 | $226K |
| Millstone Evans Group, LLC | 0.09% | No change | 3,300 | $159K |
| Key Financial Inc | 0.02% | No change | 2,497 | $121K |
| Cwm, LLC | 0.00% | Reduce -0.5% | 1,741 | $84K |
| Capital Investment Advisory Services, LLC | 0.01% | Add +53.4% | 1,577 | $76K |
| Wells Fargo & Company | 0.00% | Add +25.5% | 1,378 | $67K |
| Comerica Bank | 0.00% | Add +12.7% | 1,280 | $62K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 723 | $35K |
| Allworth Financial LP | 0.00% | No change | 715 | $35K |
| PNC Financial Services Group, Inc. | 0.00% | Add +134.2% | 349 | $17K |
| Coston, McIsaac & Partners | 0.00% | Add +20.0% | 306 | $14K |
| CIBC Private Wealth Group LLC | 0.00% | New | 200 | $10K |
| LRI Investments, LLC | 0.00% | New | 170 | $8K |
| Lodestone Wealth Management LLC | 0.00% | New | 165 | $8K |
| Central Pacific Bank - Trust Division | 0.00% | New | 80 | $4K |
| FMR LLC | 0.00% | New | 37 | $2K |
"% of holder's portfolio" is DFNL's weight in each manager's 13F, not the share of Davis Select Financial ETF the manager owns.