DaveManuel.com · Institutional Ownership · Who Owns It
DAVIS FUNDAMENTAL ETF TR (DFNL)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
64
Reporting holders
$322.1M
Reported value
0.0%
Calls
0.0%
Puts
+3
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Davis Selected Advisers | $105.2M | 2,130,666 | 0.45% | 31q | HELD |
| MORGAN STANLEY | $41.1M | 831,587 | 0.00% | 35q | -2.4%-$992.8K |
| Thrivent Financial for Lutherans | $36.5M | 739,792 | 0.06% | 3q | -48.1%-$33.8M |
| LPL Financial LLC | $19.1M | 386,789 | 0.00% | 31q | -6.9%-$1.4M |
| BANK OF AMERICA CORP /DE/ | $18.4M | 372,733 | 0.00% | 20q | +77.9%+$8.1M |
| Beacon Harbor Wealth Advisors, Inc. | $15.0M | 292,783 | 2.93% | new | NEW |
| ENVESTNET ASSET MANAGEMENT INC | $7.0M | 140,912 | 0.00% | 2q | -0.7%-$46.6K |
| TRUIST FINANCIAL CORP | $6.9M | 139,337 | 0.01% | 2q | HELD |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $6.6M | 133,317 | 0.00% | 8q | +1.9%+$121.3K |
| ROYAL BANK OF CANADA | $6.4M | 129,929 | 0.00% | 31q | +2.3%+$145.8K |
| HighTower Advisors, LLC | $6.2M | 125,084 | 0.01% | 13q | -1.4%-$88.0K |
| UBS Group AG | $5.4M | 109,992 | 0.00% | 31q | +12.3%+$595.0K |
| Sanctuary Advisors, LLC | $4.3M | 87,892 | 0.02% | 9q | -1.7%-$73.5K |
| Next Level Private LLC | $4.0M | 80,971 | 0.78% | 16q | -0.9%-$37.1K |
| D.A. DAVIDSON & CO. | $3.7M | 75,878 | 0.02% | 31q | -3.0%-$117.2K |
| ARKANSAS FINANCIAL GROUP, INC. | $3.4M | 69,802 | 0.45% | 31q | +13.6%+$411.7K |
| Inspire Advisors, LLC | $3.2M | 65,059 | 0.22% | 2q | +5.5%+$167.5K |
| RAYMOND JAMES FINANCIAL INC | $2.6M | 51,947 | 0.00% | 7q | -37.4%-$1.5M |
| Kestra Advisory Services, LLC | $2.3M | 47,344 | 0.01% | 4q | +3.2%+$73.3K |
| JANE STREET GROUP, LLC | $2.3M | 47,313 | 0.00% | 2q | -59.0%-$3.4M |
| FLOW TRADERS U.S. LLC | $1.6M | 32,314 | 0.07% | new | NEW |
| Hilltop Holdings Inc. | $1.6M | 31,482 | 0.12% | 3q | +28.3%+$343.2K |
| Envestnet Portfolio Solutions, Inc. | $1.4M | 28,323 | 0.01% | 2q | +53.0%+$484.6K |
| OSAIC HOLDINGS, INC. | $1.4M | 27,765 | 0.00% | 26q | -3.2%-$45.7K |
| SUMMIT WEALTH GROUP LLC / CO | $1.1M | 22,615 | 0.09% | 3q | -0.9%-$9.9K |
| SITTNER & NELSON, LLC | $1.1M | 22,233 | 0.35% | 23q | +9.9%+$98.7K |
| Janney Montgomery Scott LLC | $1.1M | 21,549 | 0.00% | 18q | -13.7%-$169.0K |
| Geneos Wealth Management Inc. | $1.0M | 20,865 | 0.02% | 35q | HELD |
| COMMONWEALTH EQUITY SERVICES, LLC | $1.0M | 20,546 | 0.00% | 31q | -11.4%-$130.2K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $998.9K | 20,234 | 0.00% | 2q | -14.5%-$168.7K |
| J.W. COLE ADVISORS, INC. | $940.6K | 19,054 | 0.02% | 23q | -9.7%-$101.2K |
| Prospera Financial Services Inc | $884.8K | 17,923 | 0.01% | 22q | +0.9%+$7.8K |
| Atlas Wealth LLC | $831.7K | 16,847 | 0.12% | 15q | HELD |
| STIFEL FINANCIAL CORP | $769.1K | 15,580 | 0.00% | 23q | +1.4%+$10.4K |
| DAVENPORT & Co LLC | $766.2K | 15,522 | 0.00% | 22q | +26.1%+$158.7K |
| Rockefeller Capital Management L.P. | $696.6K | 14,110 | 0.00% | 9q | +1.6%+$11.1K |
| Melone Private Wealth, LLC | $554.1K | 11,225 | 0.21% | 6q | -2.6%-$14.8K |
| Strategic Wealth Investment Group, LLC | $549.2K | 11,125 | 0.07% | 2q | +18.1%+$84.2K |
| Kovack Advisors, Inc. | $465.0K | 9,418 | 0.02% | 3q | HELD |
| CAPTRUST FINANCIAL ADVISORS | $398.6K | 8,075 | 0.00% | 16q | HELD |
| Modern Wealth Management, LLC | $360.8K | 7,308 | 0.00% | 7q | HELD |
| Private Advisor Group, LLC | $341.9K | 6,926 | 0.00% | 3q | +38.3%+$94.7K |
| Ameritas Advisory Services, LLC | $314.9K | 6,380 | 0.01% | new | NEW |
| FLAGSHIP HARBOR ADVISORS, LLC | $302.1K | 6,119 | 0.01% | 11q | HELD |
| Carson Advisory Inc. | $271.5K | 5,500 | 0.12% | 8q | HELD |
| Diligent Investors, LLC | $268.9K | 5,446 | 0.06% | 31q | HELD |
| FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. | $254.9K | 5,164 | 0.12% | 2q | +1.8%+$4.4K |
| DAYMARK WEALTH PARTNERS, LLC | $244.0K | 4,942 | 0.01% | new | NEW |
| MERCER GLOBAL ADVISORS INC /ADV | $230.2K | 4,664 | 0.00% | 13q | -39.6%-$150.7K |
| Millstone Evans Group, LLC | $162.9K | 3,300 | 0.09% | 7q | HELD |
| Regatta Research & Money Management | $140.8K | 2,853 | 0.13% | new | FIRST |
| Key Financial Inc | $123.3K | 2,497 | 0.02% | 23q | HELD |
| Capital Investment Advisory Services, LLC | $77.8K | 1,577 | 0.00% | 4q | HELD |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $47.8K | 969 | 0.00% | 2q | -62.0%-$77.9K |
| FIFTH THIRD BANCORP | $42.8K | 866 | 0.00% | 2q | HELD |
| Allworth Financial LP | $35.3K | 715 | 0.00% | 10q | HELD |
| Steward Partners Investment Advisory, LLC | $30.8K | 623 | 0.00% | 29q | -13.8%-$4.9K |
| Coston, McIsaac & Partners | $22.0K | 448 | 0.00% | 4q | HELD |
| PNC Financial Services Group, Inc. | $17.2K | 349 | 0.00% | 16q | HELD |
| IFG Advisory, LLC | $13.4K | 272 | 0.00% | new | NEW |
| Decker Retirement Planning Inc. | $12.8K | 259 | 0.00% | new | NEW |
| Central Pacific Bank - Trust Division | $3.9K | 80 | 0.00% | 3q | HELD |
| FLAGSHIP WEALTH ADVISORS, LLC | $987 | 20 | 0.00% | new | NEW |
| WELLS FARGO & COMPANY/MN | $46 | 1 | 0.00% | 5q | HELD |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 11 | $14.5M | 300,994 | 1 | 2 | 4 | 0.0% |
| Q2 2026 | 64 | $322.1M | 6,513,210 | 7 | 17 | 20 | 0.0% |
| Q1 2026 | 61 | $314.3M | 7,005,540 | 12 | 20 | 12 | 0.0% |
| Q4 2025 | 55 | $279.5M | 5,779,927 | 12 | 20 | 9 | 0.0% |
| Q3 2025 | 46 | $215.2M | 4,771,210 | 4 | 12 | 13 | 0.0% |
| Q2 2025 | 49 | $212.6M | 4,951,781 | 4 | 13 | 21 | 0.0% |
| Q1 2025 | 45 | $194.3M | 4,950,432 | 4 | 14 | 12 | 0.0% |
| Q4 2024 | 45 | $171.8M | 4,504,144 | 3 | 16 | 9 | 0.0% |
| Q3 2024 | 44 | $158.3M | 4,271,235 | 4 | 12 | 9 | 0.0% |
| Q2 2024 | 43 | $136.6M | 4,112,992 | 2 | 9 | 16 | 0.0% |
| Q1 2024 | 44 | $183.4M | 5,504,060 | 7 | 9 | 15 | 0.0% |
| Q4 2023 | 41 | $155.7M | 5,147,383 | 7 | 8 | 15 | 0.0% |
| Q3 2023 | 34 | $108.7M | 4,062,675 | 1 | 3 | 11 | 0.0% |
| Q2 2023 | 37 | $113.0M | 4,166,221 | 3 | 6 | 14 | 0.0% |
| Q1 2023 | 40 | $111.1M | 4,310,149 | 2 | 12 | 16 | 0.0% |
| Q4 2022 | 43 | $118.1M | 4,359,254 | 5 | 12 | 16 | 0.0% |
| Q3 2022 | 41 | $106.6M | 4,352,779 | 6 | 15 | 10 | 0.0% |
| Q2 2022 | 40 | $108.2M | 4,169,954 | 6 | 16 | 9 | 0.0% |
| Q1 2022 | 41 | $137.6M | 4,456,111 | 6 | 18 | 7 | 0.0% |
| Q4 2021 | 36 | $126.0M | 4,122,681 | 1 | 15 | 7 | 0.0% |
| Q3 2021 | 36 | $123.6M | 4,066,385 | 2 | 12 | 11 | 0.0% |
| Q2 2021 | 37 | $156.7M | 5,218,044 | 4 | 17 | 9 | 0.0% |
| Q1 2021 | 32 | $147.1M | 5,240,586 | 8 | 10 | 6 | 0.0% |
| Q4 2020 | 28 | $121.4M | 5,084,945 | 8 | 6 | 10 | 0.0% |
| Q3 2020 | 21 | $102.1M | 5,359,556 | 2 | 7 | 7 | 0.0% |
| Q2 2020 | 24 | $96.0M | 5,184,852 | 4 | 4 | 8 | 0.0% |
| Q1 2020 | 24 | $86.1M | 5,152,867 | 6 | 6 | 8 | 0.0% |
| Q4 2019 | 29 | $126.5M | 4,967,512 | 2 | 11 | 8 | 0.0% |
| Q3 2019 | 30 | $115.5M | 4,861,803 | 4 | 7 | 7 | 0.0% |
| Q2 2019 | 31 | $5.4B | 229,658,694 | 3 | 10 | 8 | 0.0% |
| Q1 2019 | 32 | $5.7B | 259,474,667 | 3 | 11 | 12 | 0.0% |
| Q4 2018 | 34 | $96.6M | 4,664,322 | 1 | 1 | 0 | 0.0% |