DAVIS FUNDAMENTAL ETF TR

Ticker: DFNL CUSIP: 23908L108 Class: ELECT FINL

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
Davis Selected Advisers2,130,361$102,960
MORGAN STANLEY998,160$48,241
Thrivent Financial for Lutherans858,982$42
LPL Financial LLC396,816$19,178
BANK OF AMERICA CORP /DE/199,241$9,629
HighTower Advisors, LLC128,853$6,227
UBS Group AG90,972$4,397
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO90,966$4,396
RAYMOND JAMES FINANCIAL INC85,514$4,133
Sanctuary Advisors, LLC85,475$4,131
Next Level Private LLC81,723$3,950
D.A. DAVIDSON & CO.78,712$3,804
ARKANSAS FINANCIAL GROUP, INC.57,284$2,769
ROYAL BANK OF CANADA51,806$2,504
Kestra Advisory Services, LLC43,387$2,097
Hilltop Holdings Inc.29,239$1,413
OSAIC HOLDINGS, INC.27,774$1,342
Axiom Financial Strategies, LLC26,368$1,274
J.W. COLE ADVISORS, INC.23,316$1,127
STIFEL FINANCIAL CORP22,781$1,101
SUMMIT WEALTH GROUP LLC / CO22,449$1,085
Janney Montgomery Scott LLC20,993$1
Geneos Wealth Management Inc.20,658$998
SITTNER & NELSON, LLC20,233$1,006
Prospera Financial Services Inc18,208$880
Perigon Wealth Management, LLC18,044$872
Atlas Wealth LLC16,847$814
CITADEL ADVISORS LLC16,821$813
COMMONWEALTH EQUITY SERVICES, LLC13,189$637
Melone Private Wealth, LLC11,525$557
Rockefeller Capital Management L.P.10,080$487
DAVENPORT & Co LLC9,802$474
Modern Wealth Management, LLC9,560$462
Kovack Advisors, Inc.9,434$456
MERCER GLOBAL ADVISORS INC /ADV8,818$426
CAPTRUST FINANCIAL ADVISORS8,075$390
FLAGSHIP HARBOR ADVISORS, LLC7,319$354
Carson Advisory Inc.5,500$266
Diligent Investors, LLC5,446$263
Private Advisor Group, LLC4,678$226
Millstone Evans Group, LLC3,300$159
Key Financial Inc2,497$121
CWM, LLC1,741$0
Capital Investment Advisory Services, LLC1,577$76
WELLS FARGO & COMPANY/MN1,378$67
COMERICA BANK1,280$62
Steward Partners Investment Advisory, LLC723$35
Allworth Financial LP715$35
PNC Financial Services Group, Inc.349$17
Coston, McIsaac & Partners306$0
CIBC Private Wealth Group, LLC200$10
LRI Investments, LLC170$8
Lodestone Wealth Management LLC165$8
Central Pacific Bank - Trust Division80$4
FMR LLC37$2
Total (55 institutions)5,779,927$236,787