Stock Taper
EXCHANGE TRADED FUND

DFNL

Davis Select Financial ETF
$51.07 ▼ 0.85%
−$0.44 TODAY

FUND FACTS

Manager Davis
Assets $486.21M
Expense ratio 0.61%
Inception Jan 11, 2017
Asset class Equity
Holdings 21
Volume 12.33K
Avg volume 41.08K

ABOUT THIS FUND

DFNL holds a concentrated portfolio of financial services companies of all capitalization, from both developed and emerging markets. The funds active management takes a bottom-up, research-driven approach to the global financial sector. DFNL emphasizes individual security selection and focuses particularly on the quality of a companys management, business model and competitive advantages. The fund manager aims to purchase securities at a discount to intrinsic value, ideally holding these positions for at least five years. DFNLs definition of the financial sector is consistent with the 2016 GICS reclassification, meaning it excludes real estate firms and REITs (but includes mortgage REITs). DFNL launched in January 2017 from issuer Davis, an established asset manager that is new to ETFs.

PRICE

$51.07 ▼ DOWN 0.85% (−$0.44)
$51.00$51.25$51.509:30 AM10:18 AM11:07 AM11:56 AM12:44 PM1:33 PM2:21 PM51.07

HOLDINGS

TOP 20 OF 21 · 78.03% OF THE FUND
RANK STOCK WEIGHT SHARES VALUE
02 USB U.S. Bancorp 6.19% 481.93K $30.11M
03 FITB Fifth Third Bancorp 5.68% 506.36K $27.62M
04 MKL Markel Corporation 5.49% 14.69K $26.72M
05 BRK-B Berkshire Hathaway Inc. 5.11% 49.25K $24.87M
06 WFC Wells Fargo & Company 4.71% 264.44K $22.92M
08 JPM JPMorgan Chase & Co. 4.39% 59.66K $21.34M
09 CB Chubb Limited 4.25% 60.8K $20.67M
10 AXP American Express Company 3.28% 47.93K $15.97M
11 RNR RenaissanceRe Holdings Ltd. 3.01% 44.27K $14.64M
13 L Loews Corporation 2.87% 127.22K $13.96M
14 BNY Bank of New York Mellon Corp 2.46% 73.49K $11.94M
15 BAC Bank of America Corporation 2.45% 191.04K $11.91M
16 RKT Rocket Companies, Inc. 2.43% 858.05K $11.82M
17 TFC Truist Financial Corporation 2.20% 212.35K $10.71M
18 STT State Street Corporation 2.17% 54.59K $10.55M
20 MTB M&T Bank Corporation 1.40% 28.77K $6.83M

SECTOR HOLDINGS

TECHNOLOGY IS 93.43% OF THE FUND
Financial Services 93.43%
Technology 3.24%
Industrials 2.43%
Consumer Cyclical 0.90%

BY REGION

UNITED STATES IS 71.48% OF THE FUND
United States 71.48%
Switzerland 8.72%
Bermuda 7.07%
Netherlands 3.32%
Singapore 3.11%
Denmark 2.53%
Norway 1.95%
Other 1.25%
China 0.59%