- What are the top holdings of DFNL?
- Davis Select Financial ETF holds 30 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does DFNL have?
- DFNL holds 30 positions as reported by the fund's most recent disclosure.
- What sectors does DFNL invest in?
- Davis Select Financial ETF (DFNL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is DFNL most exposed to?
- DFNL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is DFNL a US-only fund?
- The country allocation card on this page shows DFNL's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does DFNL invest in?
- 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.
