We are live on ! Find out more
DFNM icon

Dimensional National Municipal Bond ETF
DFNM

170 hedge funds and large institutions have $919M invested in Dimensional National Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 78 increasing their positions, 48 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 48

47% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 15

4% more funds holding

Funds holding: 163 → 170 (+7)

3% more capital invested

Capital invested by funds: $895M → $919M (+$24.1M)

0% more funds holding in top 10

Funds holding in top 10: 17 → 17 (0)

1.49% less ownership

Funds ownership: 72.87% → 71.38% (-1.5%)

Holders
170
Holders Change
+7
Holders Change %
+4.29%
% of All Funds
2.46%
Holding in Top 10
17
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.25%
New
22
Increased
78
Reduced
48
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BSW
Buckingham Strategic Wealth
Missouri
+$13M
2
AC
Apella Capital
Connecticut
+$7.55M
3
RK
Rather & Kittrell
Tennessee
+$3.02M
4
Lido Advisors
Lido Advisors
California
+$2.94M
5
AWM
Austin Wealth Management
Texas
+$2.32M

Top Sellers

1
Jane Street
Jane Street
New York
-$3.78M
2
TI
Truepoint Inc
Ohio
-$3.45M
3
RVPG
Relative Value Partners Group
-$2.49M
4
SC
Savant Capital
Illinois
-$2.34M
5
GM
GeoWealth Management
Illinois
-$2.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
TWM
126
Thrive Wealth Management
Pennsylvania
$382K +$382K +8,002 New
BFG
127
Bleakley Financial Group
New Jersey
$375K +$1.15K +24 +0.3%
SW
128
Simplicity Wealth
New Jersey
$375K +$1.15K +24 +0.3%
CFO
129
CVA Family Office
Colorado
$372K +$175K +3,670 +89%
CC
130
Copperleaf Capital
North Carolina
$366K +$18.5K +387 +5%
DPI
131
Diversified Portfolios Inc
Michigan
$362K -$18.3K -384 -5%
FCM
132
Family Capital Management
Michigan
$361K +$51.5K +1,078 +17%
AL
133
Aspiriant LLC
California
$358K +$358K +7,486 New
GJIA
134
Glass Jacobson Investment Advisors
Maryland
$353K +$27.3K +572 +8%
AFS
135
Annapolis Financial Services
Maryland
$311K +$127K +2,653 +69%
RLIM
136
Red Lighthouse Investment Management
New York
$305K – – –
IA
137
IFG Advisory
Georgia
$302K +$302K +6,328 New
CSPIA
138
Cary Street Partners Investment Advisory
Virginia
$299K +$299K +6,249 New
CT
139
Colonial Trust
South Carolina
$282K -$3.63K -76 -1%
EFP
140
Envision Financial Planning
Tennessee
$281K +$430 +9 +0.2%
KWM
141
KFG Wealth Management
Indiana
$273K – – –
Creative Planning
142
Creative Planning
Kansas
$266K – – –
SPC
143
Sigma Planning Corp
Michigan
$263K -$4.06K -85 -2%
Comerica Bank
144
Comerica Bank
Texas
$259K – – –
SWM
145
Seaside Wealth Management
California
$245K +$1.58K +33 +0.6%
CCFM
146
Clear Creek Financial Management
Washington
$242K – – –
SWM
147
SeaCrest Wealth Management
New York
$238K -$14.7K -308 -6%
Cambridge Investment Research Advisors
148
Cambridge Investment Research Advisors
Iowa
$233K +$233K +4,879 New
MWP
149
Meredith Wealth Planning
Illinois
$230K +$230K +4,805 New
CL
150
Choreo LLC
Illinois
$220K +$220K +4,607 New
4 5
6
7 8

DFNM Hedge Fund Activity: Q2 2024 in Review

170 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Dimensional National Municipal Bond ETF (DFNM) for Q2 2024, worth a combined $919M — up 2.7% from $895M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new DFNM positions and 15 closed out — a net gain of 7 holders — while 78 added to existing stakes and 48 trimmed.

The largest buyer was Buckingham Strategic Wealth, adding an estimated $13M. The largest seller was Jane Street, exiting entirely with an estimated $3.78M sold.

  • 170 institutional investors held Dimensional National Municipal Bond ETF (DFNM) as of Q2 2024, up from 163 in Q1 2024.
  • Funds reported $919M of Dimensional National Municipal Bond ETF stock for Q2 2024, up 2.7% quarter-over-quarter.
  • 22 funds opened new Dimensional National Municipal Bond ETF positions in Q2 2024 and 15 closed out, a net change of +7 holders.
  • The largest Dimensional National Municipal Bond ETF buyer in Q2 2024 was Buckingham Strategic Wealth, an estimated $13M added.
  • The largest Dimensional National Municipal Bond ETF seller in Q2 2024 was Jane Street, an estimated $3.78M sold.

Based on aggregated 13F filings for Q2 2024.