Dimensional California Municipal Bond ETF
DFCA
6 hedge funds and large institutions have $286M invested in Dimensional California Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
22,672% more capital invested
Capital invested by funds: $1.25M → $286M (+$284M)
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
100% more funds holding
Funds holding: 3 → 6 (+3)
53.09% more ownership
Funds ownership: 112.42% → 165.52% (+53%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$145M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$142M |
| 3 |
Jane Street
New York
|
+$3.19M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$371K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$616K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Mercer Global Advisors
Denver,
Colorado
| $142M | +$145M | +2,901,103 | New |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $139M | +$142M | +2,848,993 | New |
|
|
3
Jane Street
New York
| $3.74M | +$3.19M | +63,926 | +510% |
|
|
OMC
4
Old Mission Capital
Chicago,
Illinois
| $364K | +$371K | +7,447 | New |
|
|
TIM
5
Tortoise Investment Management
White Plains,
New York
| $326K | +$332K | +6,664 | New |
|
|
IA
6
IFP Advisors
Tampa,
Florida
| $98.1K | +$100K | +2,006 | New |
|
|
7
Dimensional Fund Advisors
Austin,
Texas
| – | -$10K | -200,000 | Closed |
|
|
FTUS
8
Flow Traders U.S.
New York
| – | -$616K | -12,300 | Closed |
|
DFCA Hedge Fund Activity: Q3 2023 in Review
6 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Dimensional California Municipal Bond ETF (DFCA) for Q3 2023, worth a combined $286M — up 22,672% from $1.25M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DFCA positions and 2 closed out — a net gain of 3 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Mercer Global Advisors, opening a new position worth an estimated $145M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $616K sold.
- 6 institutional investors held Dimensional California Municipal Bond ETF (DFCA) as of Q3 2023, up from 3 in Q2 2023.
- Funds reported $286M of Dimensional California Municipal Bond ETF stock for Q3 2023, up 22,672% quarter-over-quarter.
- 5 funds opened new Dimensional California Municipal Bond ETF positions in Q3 2023 and 2 closed out, a net change of +3 holders.
- The largest Dimensional California Municipal Bond ETF buyer in Q3 2023 was Mercer Global Advisors, an estimated $145M added.
- The largest Dimensional California Municipal Bond ETF seller in Q3 2023 was Flow Traders U.S., an estimated $616K sold.
Based on aggregated 13F filings for Q3 2023.