Dimensional California Municipal Bond ETF
DFCA
24 hedge funds and large institutions have $386M invested in Dimensional California Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 0 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
26% more funds holding
Funds holding: 19 → 24 (+5)
19% more capital invested
Capital invested by funds: $326M → $386M (+$60.5M)
6.55% less ownership
Funds ownership: 157.42% → 150.88% (-6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$22.4M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$18.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$17.5M |
| 4 |
Jane Street
New York
|
+$1.67M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$406K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.01K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$1.01K | -20 | Closed |
|
DFCA Hedge Fund Activity: Q1 2024 in Review
24 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Dimensional California Municipal Bond ETF (DFCA) for Q1 2024, worth a combined $386M — up 19% from $326M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DFCA positions and 2 closed out — a net gain of 6 holders — while 13 added to existing stakes and 0 trimmed.
The largest buyer was Mercer Global Advisors, adding an estimated $22.4M. The largest seller was Perigon Wealth Management, exiting entirely with an estimated $406K sold.
- 24 institutional investors held Dimensional California Municipal Bond ETF (DFCA) as of Q1 2024, up from 19 in Q4 2023.
- Funds reported $386M of Dimensional California Municipal Bond ETF stock for Q1 2024, up 19% quarter-over-quarter.
- 8 funds opened new Dimensional California Municipal Bond ETF positions in Q1 2024 and 2 closed out, a net change of +6 holders.
- The largest Dimensional California Municipal Bond ETF buyer in Q1 2024 was Mercer Global Advisors, an estimated $22.4M added.
- The largest Dimensional California Municipal Bond ETF seller in Q1 2024 was Perigon Wealth Management, an estimated $406K sold.
Based on aggregated 13F filings for Q1 2024.