Dimensional National Muni BDDFNMETF
13F holders, Q1 2026 (March 31)276holders +1
24new positions
16sold out
1famous investor
$47.95avg. 13F price*
At the end of Q1 2026, 276 institutions reported holding Dimensional National Muni BD (DFNM) in their 13F filings, up 1 from Q4 2025. 24 opened new positions and 16 sold out. The largest holders were Focus Partners Wealth ($202.4M), Truepoint, Inc. ($148.4M) and Foster Group, Inc. ($70.0M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Dimensional National Muni BD
- CUSIP
- 25434V849
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 24 | $18.6M |
| Exits | 16 | $17.6M |
All 13F filers, Q4 2025 → Q1 2026: 4,464,909 shares bought and 1,352,697 shares sold, net +3,112,212 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 276 holders
| Focus Partners Wealth | 0.23% | Add +15.3% | 4,221,880 | $202.4M |
| Truepoint, Inc. | 3.31% | Add +4.1% | 3,095,714 | $148.4M |
| Foster Group, Inc. | 2.08% | Reduce -0.4% | 1,460,226 | $70.0M |
| Apella Capital, LLC | 0.95% | Add +93.6% | 1,320,176 | $63.9M |
| Symmetry Partners, LLC | 3.61% | Reduce -0.7% | 1,317,339 | $63.1M |
| Focus Partners Advisor Solutions, LLC | 0.58% | Add +14206.9% | 1,203,351 | $57.5M |
| Rather & Kittrell, Inc. | 6.61% | Add +6.8% | 894,173 | $42.9M |
| GeoWealth Management, LLC | 1.52% | Reduce -0.2% | 881,082 | $42.2M |
| Sequoia Financial Advisors, LLC | 0.24% | Add +3.5% | 880,025 | $42.2M |
| Beaird Harris Wealth Management, LLC | 2.59% | Reduce -6.2% | 795,703 | $38.1M |
| Pathstone Holdings, LLC | 0.15% | Reduce -2.1% | 788,243 | $37.8M |
| MBL Wealth, LLC | 2.69% | Add +4.6% | 739,735 | $35.5M |
| Awm Capital, LLC | 3.12% | Add +2.5% | 718,457 | $34.4M |
| Commonwealth Equity Services, LLC | 0.04% | Add +6.7% | 653,394 | $31.3M |
| HighTower Advisors, LLC | 0.03% | Reduce -15.4% | 589,440 | $28.3M |
| Waterford Advisors, LLC | 8.09% | Add +1.7% | 536,335 | $25.5M |
| Mattern Wealth Management LLC | 4.96% | Reduce -0.2% | 530,248 | $25.4M |
| LPL Financial LLC | 0.01% | Add +8.3% | 518,554 | $24.9M |
| RAM Investment Partners, LLC | 4.35% | Add +1.4% | 516,432 | $24.8M |
| Graves Light Lenhart Wealth, Inc. | 2.41% | Add +33.4% | 482,789 | $23.1M |
| Aspiriant, LLC | 0.59% | Add +7.2% | 428,736 | $20.5M |
| Bank of America Corp. | 0.00% | Add +16.1% | 418,517 | $20.1M |
| HFM Investment Advisors, LLC | 6.60% | Reduce -2.3% | 358,188 | $17.2M |
| Assetmark, Inc. | 0.03% | Reduce -2.6% | 332,594 | $15.9M |
| Austin Wealth Management, LLC | 3.57% | Reduce -37.2% | 327,330 | $15.7M |
| Vestment Financial LLC | 7.31% | Add +12.6% | 320,538 | $15.5M |
| Yardley Wealth Management LLC | 7.87% | Add +6.0% | 320,613 | $15.4M |
| Savant Capital, LLC | 0.07% | Reduce -40.6% | 310,743 | $14.9M |
| Wheelhouse Advisory Group LLC | 4.40% | Add +22.1% | 276,943 | $13.3M |
| Strathmore Capital Advisors, Inc. | 3.70% | Reduce -6.3% | 270,876 | $13.1M |
| Resonant Capital Advisors, LLC | 0.68% | Reduce -5.5% | 270,450 | $13.0M |
| Brady Martz Wealth Solutions, LLC | 2.02% | Add +24.4% | 247,711 | $11.9M |
| Dopkins Wealth Management, LLC | 4.62% | Add +9.4% | 239,917 | $11.5M |
| Allworth Financial LP | 0.04% | Add +74.6% | 227,614 | $10.9M |
| Entrewealth, LLC | 4.59% | Add +5.4% | 213,809 | $10.2M |
| Wealth Enhancement Advisory Services, LLC | 0.02% | Reduce -39.6% | 208,369 | $10.0M |
| 25 LLC | 3.07% | Add +2.7% | 208,063 | $10.0M |
| Confluence Investment Management LLC | 0.15% | Reduce -2.0% | 205,362 | $9.8M |
| Integrated Wealth Concepts LLC | 0.08% | Add +7.4% | 204,700 | $9.8M |
| Vested Financial Planning, LLC | 7.40% | Reduce -0.8% | 202,623 | $9.7M |
| West Financial Advisors, LLC | 1.64% | Add +6.4% | 201,939 | $9.7M |
| Citrine Capital LLC | 4.01% | Add +15.8% | 192,884 | $9.2M |
| Concurrent Investment Advisors, LLC | 0.10% | New | 192,157 | $9.2M |
| Guardian Wealth Management, LLC | 2.72% | Add +25.9% | 186,884 | $9.0M |
| Plancorp, LLC | 0.24% | Add +0.4% | 175,945 | $8.5M |
| Porter White Investment Advisors, Inc. | 3.26% | Add +0.6% | 169,995 | $8.1M |
| Outbound Financial Inc | 6.04% | Add +5.4% | 168,024 | $8.1M |
| RW Investment Management LLC | 0.77% | — | 165,862 | $7.9M |
| Compass Financial Group, Inc. | 3.57% | Reduce -0.6% | 165,382 | $7.9M |
| Optimus Capital Advisors, LLC | 4.29% | Add +0.6% | 151,296 | $7.3M |
| Vestia Personal Wealth Advisors | 3.33% | Add +7.8% | 147,771 | $7.1M |
| Envestnet Asset Management Inc. | 0.00% | Add +65.0% | 138,602 | $6.6M |
| Core Wealth Management, Inc. | 2.03% | Add +0.4% | 138,331 | $6.6M |
| JPMorgan Chase & Co. | 0.00% | Add +29.0% | 135,532 | $6.5M |
| United Wealth Management, LLC | 1.59% | Add +3.5% | 133,269 | $6.4M |
| Mills Wealth Advisors LLC | 2.17% | Add +277.2% | 129,820 | $6.2M |
| 55 North Private Wealth, LLC | 1.46% | Add +15.1% | 118,705 | $5.7M |
| Collective Family Office LLC | 1.26% | Reduce -2.4% | 116,507 | $5.6M |
| Johnson Wealth Management, LLC | 2.67% | Add +24.6% | 115,379 | $5.5M |
| BCO Wealth Management LLC | 3.12% | Add +5.4% | 108,280 | $5.2M |
| Aspen Wealth Management LLC | 1.00% | Add +43.1% | 104,427 | $5.0M |
| Sentinel Wealth Management, Inc. | 3.94% | No change | 102,851 | $4.9M |
| Tillman Hartley LLC | 1.23% | Add +14.0% | 101,853 | $4.9M |
| Mainsail Asset Management, LLC | 2.18% | Add +0.6% | 101,469 | $4.9M |
| American Investment Services, Inc. | 1.05% | Add +24.2% | 98,018 | $4.7M |
| Forza Wealth Management, LLC | 1.63% | No change | 97,500 | $4.7M |
| E-Wealth Partners, LLC | 3.78% | Add +0.3% | 97,396 | $4.7M |
| Penney Financial, LLC | 1.78% | Add +9.9% | 97,028 | $4.7M |
| Verus Financial Partners, Inc. | 0.42% | Add +2.4% | 95,785 | $4.6M |
| Mercer Global Advisors Inc. | 0.01% | Add +143.9% | 88,267 | $4.2M |
| DiNuzzo Private Wealth, Inc. | 0.44% | Add +7.5% | 86,095 | $4.1M |
| Stifel Financial Corp. | 0.00% | Add +6.0% | 82,947 | $4.0M |
| Washington Trust Advisors, Inc. | 0.32% | Add +2.1% | 82,087 | $3.9M |
| Corient Private Wealth LP | 0.01% | Reduce -5.5% | 81,797 | $3.9M |
| Wescott Financial Advisory Group, LLC | 0.34% | Add +1.4% | 80,292 | $3.8M |
| Root Financial Partners, LLC | 0.17% | Add +19.4% | 76,596 | $3.7M |
| Scratch Capital LLC | 2.02% | Add +25.3% | 73,506 | $3.5M |
| Modera Wealth Management, LLC | 0.04% | Add +0.1% | 70,793 | $3.4M |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | 0.19% | Add +19.8% | 70,009 | $3.4M |
| Aurelius Family Office LLC | 1.45% | Add +0.2% | 69,535 | $3.3M |
| Vermillion Wealth Management, Inc. | 1.32% | Add +4.2% | 69,082 | $3.3M |
| Quarry Hill Advisors, LLC | 1.35% | Add +5.9% | 67,892 | $3.3M |
| Truist Financial Corp. | 0.00% | Add +0.7% | 66,952 | $3.2M |
| Summit Wealth Group, LLC | 0.71% | Reduce -0.0% | 64,792 | $3.1M |
| Baker Avenue Asset Management, LP | 0.07% | Add +6.2% | 63,481 | $3.0M |
| Tassel Capital Management, Inc. | 1.62% | Reduce -1.9% | 62,318 | $3.0M |
| Tandemgrowth Financial Advisors LLC | 2.80% | Add +11.2% | 62,089 | $3.0M |
| Osaic Holdings, Inc. | 0.00% | Reduce -58.8% | 61,782 | $3.0M |
| North Ridge Wealth Advisors, Inc. | 1.67% | Add +29.8% | 61,775 | $3.0M |
| GEM Asset Management, LLC | 1.29% | Reduce -5.8% | 61,060 | $2.9M |
| BWM Planning, LLC | 0.76% | Add +36.0% | 59,939 | $2.9M |
| Private Advisor Group, LLC | 0.01% | Add +14.9% | 59,274 | $2.8M |
| Note Advisors, LLC | 1.38% | Add +9.9% | 57,721 | $2.8M |
| MB Generational Wealth, LLC | 1.51% | Add +39.7% | 56,793 | $2.7M |
| Legacy Financial Group, Inc. | 0.71% | Add +0.9% | 56,410 | $2.7M |
| HB Wealth Management, LLC | 0.02% | No change | 55,830 | $2.7M |
| FF Advisors,LLC | 1.08% | No change | 55,193 | $2.7M |
| Hiley Hunt Wealth Management | 1.09% | Add +5.4% | 51,718 | $2.5M |
| Waverly Advisors, LLC | 0.02% | Reduce -16.7% | 50,023 | $2.4M |
| Verisail Partners, LLC | 0.96% | Add +0.7% | 49,387 | $2.4M |
"% of holder's portfolio" is DFNM's weight in each manager's 13F, not the share of Dimensional National Muni BD the manager owns.