Dimensional California Municipal Bond ETF
DFCA
50 hedge funds and large institutions have $483M invested in Dimensional California Municipal Bond ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
43% more funds holding
Funds holding: 35 → 50 (+15)
3% more capital invested
Capital invested by funds: $469M → $483M (+$14.5M)
9.62% less ownership
Funds ownership: 143.7% → 134.08% (-9.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.7M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$8.46M |
| 3 |
Jane Street
New York
|
+$4.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.56M |
| 5 |
SC
Savant Capital
Rockford,
Illinois
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$31.3M |
| 2 |
BEW
Burton Enright Welch
Walnut Creek,
California
|
-$366K |
| 3 |
CL
Choreo LLC
Rockford,
Illinois
|
-$336K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$161K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.58K |
DFCA Hedge Fund Activity: Q4 2024 in Review
50 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Dimensional California Municipal Bond ETF (DFCA) for Q4 2024, worth a combined $483M — up 3.1% from $469M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DFCA positions and 1 closed out — a net gain of 15 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $18.7M. The largest seller was Mercer Global Advisors, cutting an estimated $31.3M.
- 50 institutional investors held Dimensional California Municipal Bond ETF (DFCA) as of Q4 2024, up from 35 in Q3 2024.
- Funds reported $483M of Dimensional California Municipal Bond ETF stock for Q4 2024, up 3.1% quarter-over-quarter.
- 16 funds opened new Dimensional California Municipal Bond ETF positions in Q4 2024 and 1 closed out, a net change of +15 holders.
- The largest Dimensional California Municipal Bond ETF buyer in Q4 2024 was Envestnet Asset Management, an estimated $18.7M added.
- The largest Dimensional California Municipal Bond ETF seller in Q4 2024 was Mercer Global Advisors, an estimated $31.3M sold.
Based on aggregated 13F filings for Q4 2024.