Dimensional National Municipal Bond ETF
DFNM
191 hedge funds and large institutions have $1B invested in Dimensional National Municipal Bond ETF in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 82 increasing their positions, 51 reducing their positions, and 7 closing their positions.
314% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 7
61% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 51
12% more funds holding
Funds holding: 170 → 191 (+21)
9% more capital invested
Capital invested by funds: $919M → $1B (+$85.1M)
2.39% more ownership
Funds ownership: 71.38% → 73.77% (+2.4%)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
Top Buyers
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$70.4M |
| 2 |
AC
AWM Capital
Phoenix,
Arizona
|
+$22.4M |
| 3 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$12.3M |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$3.55M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.09M |
Top Sellers
DFNM Hedge Fund Activity: Q3 2024 in Review
191 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Dimensional National Municipal Bond ETF (DFNM) for Q3 2024, worth a combined $1B — up 9.3% from $919M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new DFNM positions and 7 closed out — a net gain of 22 holders — while 82 added to existing stakes and 51 trimmed.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $70.4M. The largest seller was Graves Light Lenhart Wealth, cutting an estimated $12.5M.
- 191 institutional investors held Dimensional National Municipal Bond ETF (DFNM) as of Q3 2024, up from 170 in Q2 2024.
- Funds reported $1B of Dimensional National Municipal Bond ETF stock for Q3 2024, up 9.3% quarter-over-quarter.
- 29 funds opened new Dimensional National Municipal Bond ETF positions in Q3 2024 and 7 closed out, a net change of +22 holders.
- The largest Dimensional National Municipal Bond ETF buyer in Q3 2024 was Focus Partners Wealth, an estimated $70.4M added.
- The largest Dimensional National Municipal Bond ETF seller in Q3 2024 was Graves Light Lenhart Wealth, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2024.