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.
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%)
Top Buyers
Top Sellers
| 1 |
Jane Street
New York
|
-$3.78M |
| 2 |
TI
Truepoint Inc
Cincinnati,
Ohio
|
-$3.45M |
| 3 |
RVPG
Relative Value Partners Group
|
-$2.49M |
| 4 |
SC
Savant Capital
Rockford,
Illinois
|
-$2.34M |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$2.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Goldman Sachs
New York
| – | -$333K | -6,917 | Closed |
|
|
WCA
177
Waypoint Capital Advisors
Minneapolis,
Minnesota
| – | -$332K | -6,902 | Closed |
|
|
FFA
178
Farther Finance Advisors
San Francisco,
California
| – | -$297K | -6,185 | Closed |
|
|
TFA
179
Teamwork Financial Advisors
San Antonio,
Texas
| – | -$265K | -5,520 | Closed |
|
|
AWM
180
Avior Wealth Management
Omaha,
Nebraska
| – | -$171K | -3,562 | Closed |
|
181
Wells Fargo
San Francisco,
California
| – | -$62K | -1,289 | Closed |
|
182
UBS Group
Zurich,
Switzerland
| – | -$48.8K | -1,014 | Closed |
|
|
HGERS
183
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$16.4K | -341 | Closed |
|
|
HR
184
Howe & Rusling
Rochester,
New York
| – | -$15.5K | -323 | Closed |
|
185
Fidelity Investments
Boston,
Massachusetts
| – | -$48 | -1 | Closed |
|
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.