Dimensional California Municipal Bond ETF
DFCA
19 hedge funds and large institutions have $326M invested in Dimensional California Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
1,300% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 1
217% more funds holding
Funds holding: 6 → 19 (+13)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% more capital invested
Capital invested by funds: $286M → $326M (+$40.2M)
8.09% less ownership
Funds ownership: 165.52% → 157.42% (-8.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$18.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.67M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.26M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
+$504K |
| 5 |
FWM
FMB Wealth Management
Westlake Village,
California
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.91M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$364K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$49.7K |
DFCA Hedge Fund Activity: Q4 2023 in Review
19 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Dimensional California Municipal Bond ETF (DFCA) for Q4 2023, worth a combined $326M — up 14% from $286M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DFCA positions and 1 closed out — a net gain of 13 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Mercer Global Advisors, adding an estimated $18.2M. The largest seller was Jane Street, cutting an estimated $2.91M.
- 19 institutional investors held Dimensional California Municipal Bond ETF (DFCA) as of Q4 2023, up from 6 in Q3 2023.
- Funds reported $326M of Dimensional California Municipal Bond ETF stock for Q4 2023, up 14% quarter-over-quarter.
- 14 funds opened new Dimensional California Municipal Bond ETF positions in Q4 2023 and 1 closed out, a net change of +13 holders.
- The largest Dimensional California Municipal Bond ETF buyer in Q4 2023 was Mercer Global Advisors, an estimated $18.2M added.
- The largest Dimensional California Municipal Bond ETF seller in Q4 2023 was Jane Street, an estimated $2.91M sold.
Based on aggregated 13F filings for Q4 2023.