Dimensional California Municipal Bond ETF
DFCA
35 hedge funds and large institutions have $469M invested in Dimensional California Municipal Bond ETF in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 3 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
400% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 3
30% more funds holding
Funds holding: 27 → 35 (+8)
14% more capital invested
Capital invested by funds: $412M → $469M (+$56.7M)
0.66% more ownership
Funds ownership: 143.05% → 143.7% (+0.66%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$23.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$17.6M |
| 3 |
ODA
One Degree Advisors
San Diego,
California
|
+$4.5M |
| 4 |
Jane Street
New York
|
+$1.68M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$250K |
| 3 |
Corient Private Wealth
Miami,
Florida
|
-$23.2K |
| 4 |
RLIM
Red Lighthouse Investment Management
New York
|
-$20.8K |
| 5 |
SRCM
Signature Resources Capital Management
Newport Beach,
California
|
-$2.42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $140K | +$4.95K | +98 | +4% |
|
|
SIS
27
Strategic Investment Solutions
Orland Park,
Illinois
| $103K | +$454 | +9 | +0.4% |
|
|
AWM
28
Angeles Wealth Management
Santa Monica,
California
| $101K | – | – | – |
|
|
LFG
29
Larson Financial Group
St Louis,
Missouri
| $101K | +$101K | +2,000 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $50.8K | – | – | – |
|
|
AF
31
Allworth Financial
Folsom,
California
| $40.3K | – | – | – |
|
32
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $34K | +$34K | +674 | New |
|
|
CBT
33
CoreFirst Bank & Trust
Topeka,
Kansas
| $19.3K | +$19.2K | +380 | New |
|
34
UBS Group
Zurich,
Switzerland
| $9.78K | – | – | – |
|
|
BIA
35
Bell Investment Advisors
Oakland,
California
| $1.3K | +$50 | +1 | +4% |
|
|
36
Goldman Sachs
New York
| – | -$1.78M | -35,476 | Closed |
|
|
37
Citadel Advisors
Miami,
Florida
| – | -$250K | -4,989 | Closed |
|
DFCA Hedge Fund Activity: Q3 2024 in Review
35 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Dimensional California Municipal Bond ETF (DFCA) for Q3 2024, worth a combined $469M — up 14% from $412M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DFCA positions and 2 closed out — a net gain of 8 holders — while 15 added to existing stakes and 3 trimmed.
The largest buyer was Mercer Global Advisors, adding an estimated $23.6M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.78M sold.
- 35 institutional investors held Dimensional California Municipal Bond ETF (DFCA) as of Q3 2024, up from 27 in Q2 2024.
- Funds reported $469M of Dimensional California Municipal Bond ETF stock for Q3 2024, up 14% quarter-over-quarter.
- 10 funds opened new Dimensional California Municipal Bond ETF positions in Q3 2024 and 2 closed out, a net change of +8 holders.
- The largest Dimensional California Municipal Bond ETF buyer in Q3 2024 was Mercer Global Advisors, an estimated $23.6M added.
- The largest Dimensional California Municipal Bond ETF seller in Q3 2024 was Goldman Sachs, an estimated $1.78M sold.
Based on aggregated 13F filings for Q3 2024.