Dimensional California Municipal Bond ETF
DFCA
27 hedge funds and large institutions have $412M invested in Dimensional California Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
13% more funds holding
Funds holding: 24 → 27 (+3)
7% more capital invested
Capital invested by funds: $386M → $412M (+$25.5M)
7.83% less ownership
Funds ownership: 150.88% → 143.05% (-7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$14M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.32M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$3.58M |
| 4 |
Goldman Sachs
New York
|
+$1.78M |
| 5 |
RFP
Root Financial Partners
Encinitas,
California
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.56M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$256K |
| 3 |
Corient Private Wealth
Miami,
Florida
|
-$256K |
| 4 |
JP Morgan Chase
New York
|
-$183K |
| 5 |
CBT
CoreFirst Bank & Trust
Topeka,
Kansas
|
-$52K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $9.66K | +$7.32K | +146 | +311% |
|
|
BIA
27
Bell Investment Advisors
Oakland,
California
| $1.27K | – | – | – |
|
|
28
Jane Street
New York
| – | -$2.56M | -50,840 | Closed |
|
|
29
JP Morgan Chase
New York
| – | -$183K | -3,626 | Closed |
|
|
CBT
30
CoreFirst Bank & Trust
Topeka,
Kansas
| – | -$52K | -1,032 | Closed |
|
DFCA Hedge Fund Activity: Q2 2024 in Review
27 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Dimensional California Municipal Bond ETF (DFCA) for Q2 2024, worth a combined $412M — up 6.6% from $386M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DFCA positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Mercer Global Advisors, adding an estimated $14M. The largest seller was Jane Street, exiting entirely with an estimated $2.56M sold.
- 27 institutional investors held Dimensional California Municipal Bond ETF (DFCA) as of Q2 2024, up from 24 in Q1 2024.
- Funds reported $412M of Dimensional California Municipal Bond ETF stock for Q2 2024, up 6.6% quarter-over-quarter.
- 6 funds opened new Dimensional California Municipal Bond ETF positions in Q2 2024 and 3 closed out, a net change of +3 holders.
- The largest Dimensional California Municipal Bond ETF buyer in Q2 2024 was Mercer Global Advisors, an estimated $14M added.
- The largest Dimensional California Municipal Bond ETF seller in Q2 2024 was Jane Street, an estimated $2.56M sold.
Based on aggregated 13F filings for Q2 2024.