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Disclosery

DFNM DIMENSIONAL ETF TRUST

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NATL MUN BD ETF (fund)

273 managers (275 13F filers) reported a position in DFNM shares at 2025-12-31, 33,739,005 shares in all. 20 filers opened a position and 12 filers sold out during the quarter.

Managers
273
13F filers
275
New
20
Added
148
Reduced
55
Sold out
12
Shares held by filers
33,739,005

Shares held by filers adds up every 13F filer's report, so a share reported by a parent and by its subsidiary counts twice (H9). Managers counts each filer group once.

13D and 13G filers

No 13D or 13G on this security in the data. Structured 13D/G data starts 2024-12-18.

Insider trades

No Form 4 transaction on this security in the data.

13F holders, Q4 2025

Filers in the available 13F reports with a share position at 2025-12-31, filer groups collapsed to one row (method), largest first. Options and principal amounts are left out. A group row states no % of portfolio, since each member reports its own portfolio: the members' percents are listed under it. A value about 1,000 times or 1/1,000 of the price other filers imply is shown as filed but neither ranks the row nor enters a sum.

HolderSharesValue% of portfolioChangeSource
Focus Partners Wealthgroup of 2 filers holding3,671,329$177M+270,852Timeline
Truepoint, Inc.2,974,080$143M3.22%+114,27113F-HRTimeline
Foster Group, Inc.1,465,775$70.6M2.13%-25,50813F-HRTimeline
Symmetry Partners, LLC1,326,778$63.9M3.78%new13F-HRTimeline
GeoWealth Management, LLC882,985$42.5M1.57%+18,48113F-HRTimeline
Sequoia Financial Advisors, LLC849,872$40.9M0.23%+32,05113F-HRTimeline
Beaird Harris Wealth Management, LLC847,860$40.8M2.81%+11,53013F-HRTimeline
Rather & Kittrell, Inc.836,954$40.3M6.49%+65,30213F-HRTimeline
Pathstone Holdings, LLCin group Pathstone Holdings, LLC804,928$38.8M0.15%-6,93613F-HRTimelineGroup
MBL Wealth, LLC707,095$34.1M2.73%+26,68013F-HRTimeline
AWM CAPITAL, LLC700,642$33.7M3.06%+47,13113F-HRTimeline
HighTower Advisors, LLC696,646$33.6M0.04%+81,15813F-HRTimeline
Apella Capital, LLC681,896$32.8M0.65%+25,05413F-HRTimeline
COMMONWEALTH EQUITY SERVICES, LLC612,168$29.5M0.04%+3,72113F-HRTimeline
Mattern Wealth Management LLC531,074$25.6M4.92%+1,78013F-HRTimeline
Savant Capital, LLCin group Savant Capital, LLC523,582$25.2M0.14%+418,72213F-HRTimelineGroup
Austin Wealth Management, LLC521,202$25.2M3.72%+70,86213F-HRTimeline
RAM Investment Partners, LLC509,229$24.5M4.44%+94,58113F-HRTimeline
Waterford Advisors, LLC527,277$23.8M9.31%new13F-HRTimeline
LPL Financial LLC478,820$23.1M0.01%+55,62013F-HRTimeline
ASPIRIANT, LLC400,076$19.3M0.55%+33,02713F-HRTimeline
HFM Investment Advisors, LLC366,733$17.7M6.91%-8,39113F-HRTimeline
Graves Light Lenhart Wealth, Inc.361,930$17.4M1.85%+87,63913F-HRTimeline
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/360,409$17.4M<0.01%+19,39813F-HRTimelineGroup
WEALTH ENHANCEMENT ADVISORY SERVICES, L…344,947$16.7M0.02%-8,53713F-HRTimeline
ASSETMARK, INCin group ASSETMARK, INC341,608$16.5M0.03%+6,57013F-HRTimelineGroup
Yardley Wealth Management LLC302,487$14.6M7.75%+18,25913F-HRTimeline
Strathmore Capital Advisors, Inc.289,075$13.9M4.56%+57,76413F-HRTimeline
Resonant Capital Advisors, LLC286,265$13.8M0.76%+47,20013F-HRTimeline
Vestment Financial LLC284,600$13.8M7.15%+30,74413F-HRTimeline
Wheelhouse Advisory Group LLC226,824$10.9M4.16%+71,82813F-HRTimeline
DOPKINS WEALTH MANAGEMENT, LLC219,344$10.6M4.32%+51,85913F-HRTimeline
CONFLUENCE INVESTMENT MANAGEMENT LLC209,523$10.1M0.15%-6,86913F-HRTimeline
ENTREWEALTH, LLC202,926$9.87M4.45%+34,71213F-HRTimeline
Vested Financial Planning, LLC204,324$9.84M7.58%+10,80013F-HRTimeline
25 LLC202,601$9.76M3.1%+138,22913F-HRTimeline
Brady Martz Wealth Solutions, LLC199,139$9.59M1.69%+26,31713F-HRTimeline
Integrated Wealth Concepts LLC190,663$9.18M0.11%+3,05713F-HRTimeline
West Financial Advisors, LLC189,836$9.14M1.54%-3,90413F-HRTimeline
Plancorp, LLC175,192$8.44M0.26%+8,67913F-HRTimeline
Porter White Investment Advisors, Inc.168,955$8.14M3.34%+8,78013F-HRTimeline
Citrine Capital LLC166,538$8.02M3.72%+24,14813F-HRTimeline
Compass Financial Group, Inc.166,430$8.02M3.54%-3,64813F-HRTimeline
Outbound Financial Inc159,378$7.68M5.98%+3,82813F-HRTimeline
Optimus Capital Advisors, LLC150,454$7.25M4.24%13F-HRTimeline
OSAIC HOLDINGS, INC.in group OSAIC HOLDINGS, INC.150,047$7.23M0.01%+11,44613F-HRTimelineGroup
Guardian Wealth Management, LLC148,396$7.15M2.27%13F-HRTimeline
MARYLAND CAPITAL ADVISORS INC.147,095$7.09M2.4%+11,14813F-HRTimeline
Core Wealth Management, Inc.137,744$6.64M2.07%-41513F-HRTimeline
VESTIA PERSONAL WEALTH ADVISORS137,023$6.63M3.37%+11,21913F-HRTimeline
Allworth Financial LP130,352$6.28M0.03%+49,13313F-HRTimeline
United Wealth Management, LLC128,778$6.2M1.6%+4,28513F-HRTimeline
COLLECTIVE FAMILY OFFICE LLC119,354$5.75M1.32%+45813F-HRTimeline
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO105,036$5.06M<0.01%+37,14713F-HRTimelineGroup
55 North Private Wealth, LLC103,094$4.97M1.31%13F-HRTimeline
SENTINEL WEALTH MANAGEMENT, INC.102,851$4.95M4.11%013F-HRTimeline
BCO Wealth Management LLC102,715$4.95M3.03%+17,68213F-HRTimeline
MAINSAIL ASSET MANAGEMENT, LLC100,881$4.86M2.08%new13F-HRTimeline
Elequin Capital, LP99,324$4.78M0.62%+99,22413F-HRTimeline
Forza Wealth Management, LLC97,500$4.7M1.7%-1,70013F-HRTimeline
E-Wealth Partners, LLC97,114$4.68M3.93%13F-HRTimeline
Verus Financial Partners, Inc.93,506$4.53M0.42%+2,64513F-HRTimeline
Johnson Wealth Management, LLC92,569$4.46M2.22%+6,46513F-HRTimeline
Tillman Hartley LLC89,361$4.3M1.08%+15,47013F-HRTimeline
Penney Financial, LLC88,305$4.25M1.64%+56,56813F-HRTimeline
Corient Private Wealth LPin group Corient Private Wealth LP86,545$4.17M0.01%+28,72813F-HR/ATimelineGroup
ENVESTNET ASSET MANAGEMENT INCin group ENVESTNET ASSET MANAGEMENT INC83,992$4.05M<0.01%-9,85313F-HRTimelineGroup
Washington Trust Advisors, Inc.80,398$3.87M0.3%-1,07913F-HRTimeline
DiNuzzo Private Wealth, Inc.80,070$3.86M0.42%+5,96213F-HRTimeline
Wescott Financial Advisory Group, LLC79,203$3.82M0.33%+5313F-HRTimeline
American Investment Services, Inc.78,899$3.8M0.88%+14,78913F-HRTimeline
STIFEL FINANCIAL CORPin group STIFEL FINANCIAL CORP78,265$3.77M<0.01%+9613F-HRTimelineGroup
Aspen Wealth Management LLC72,980$3.52M0.74%+4,49413F-HRTimeline
Modera Wealth Management, LLC70,743$3.41M0.04%+2,74913F-HRTimeline
Aurelius Family Office LLC69,393$3.35M1.44%+52413F-HRTimeline
SEVEN MILE ADVISORY66,526$3.2M0.55%013F-HRTimeline
TRUIST FINANCIAL CORPin group TRUIST FINANCIAL CORP66,497$3.2M<0.01%+4,80213F-HRTimelineGroup
Vermillion Wealth Management, Inc.66,271$3.19M1.31%-10,72713F-HRTimeline
GEM Asset Management, LLC64,816$3.14M1.4%-2,44313F-HRTimeline
Summit Wealth Group, LLC64,819$3.12M0.73%-25313F-HRTimeline
Root Financial Partners, LLC64,152$3.09M0.16%+19,60013F-HRTimeline
QUARRY HILL ADVISORS, LLC64,110$3.09M1.44%+14,47113F-HRTimeline
Tassel Capital Management, Inc.63,503$3.06M1.85%+70913F-HRTimeline
Waverly Advisors, LLC60,081$2.89M0.02%+5,52613F-HRTimeline
Baker Avenue Asset Management, LP59,776$2.88M0.07%+3,72013F-HRTimeline
JACKSON THORNTON WEALTH MANAGEMENT, LLC59,431$2.87M0.27%+33,98313F-HRTimeline
SCRATCH CAPITAL LLC58,657$2.83M1.85%+5,01713F-HRTimeline
C2P Capital Advisory Group, LLC d.b.a. …58,431$2.81M0.17%-8,36813F-HRTimeline
CARY STREET PARTNERS ASSET MANAGEMENT L…group of 2 filers holding58,259$2.81M-1,462Timeline
LEGACY FINANCIAL GROUP, INC.55,894$2.69M0.71%-7,22013F-HRTimeline
HB Wealth Management, LLC55,830$2.69M0.02%013F-HRTimeline
TANDEMGROWTH FINANCIAL ADVISORS LLC55,824$2.69M2.35%13F-HRTimeline
FF Advisors,LLC55,193$2.66M1.18%013F-HRTimeline
Note Advisors, LLC52,520$2.54M1.3%+13,39413F-HRTimeline
Private Advisor Group, LLC51,574$2.48M0.01%+6,56713F-HRTimeline
Hiley Hunt Wealth Management49,072$2.36M1.06%+3,15613F-HRTimeline
Verisail Partners, LLC49,031$2.36M0.97%+2,79813F-HRTimeline
Financial Engines Advisors L.L.C.48,400$2.33M<0.01%+22613F-HRTimeline
Evanson Asset Management, LLC47,782$2.3M0.12%-85713F-HRTimeline
North Ridge Wealth Advisors, Inc.47,577$2.29M1.28%+3,78813F-HRTimeline
Shearwater Capital LLC44,700$2.15M1.24%+2,44513F-HRTimeline
Timonier Family Office, LTD.44,346$2.14M0.68%-1,96313F-HRTimeline
BWM Planning, LLC44,072$2.12M0.57%+33,34613F-HRTimeline
Meredith Wealth Planning43,449$2.09M0.62%+24,04913F-HRTimeline
Broadhurst Jeffrey B43,150$2.08M2.16%13F-HRTimeline
Warburton Capital Management, LLC43,055$2.07M1.17%+20,31413F-HRTimeline
OLD MISSION CAPITAL LLC42,663$2.06M0.08%new13F-HRTimeline
PARK AVENUE SECURITIES LLCin group PARK AVENUE SECURITIES LLC42,437$2.04M0.02%+54413F-HRTimelineGroup
Concord Wealth Partnersin group Concord Wealth Partners41,641$2.01M0.26%+10,00913F-HRTimelineGroup
SAX WEALTH ADVISORS, LLC41,199$1.98M0.09%+4,53013F-HRTimeline
MB Generational Wealth, LLC40,666$1.96M1.04%+28,39513F-HRTimeline
Vise Technologies, Inc.40,051$1.93M0.04%+31,05913F-HRTimeline
RAYMOND JAMES FINANCIAL INCin group RAYMOND JAMES FINANCIAL INC39,999$1.93M<0.01%+13,25713F-HRTimelineGroup
SwitchPoint Financial Planning, LLC39,303$1.89M1.33%+2,53213F-HRTimeline
SB Capital Management Inc39,281$1.89M0.69%13F-HRTimeline
MATHER GROUP, LLC.39,039$1.88M0.02%+1,26913F-HRTimeline
Pure Financial Advisors, LLC38,996$1.88M0.03%+33513F-HRTimeline
Hartmann Taylor Wealth Management, LLC37,250$1.79M1.21%013F-HRTimeline
Family Capital Management, Inc.37,185$1.79M0.8%+3,24213F-HRTimeline
ELEVATE WEALTH ADVISORY, INC36,624$1.76M1.21%-7513F-HRTimeline
GREAT OAK CAPITAL PARTNERS, LLC36,264$1.75M0.44%+45313F-HRTimeline
MERCER GLOBAL ADVISORS INC /ADV36,194$1.74M<0.01%+10,37713F-HRTimeline
Wheels Up Wealth, Inc.35,246$1.7M1.58%13F-HRTimeline
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC34,605$1.67M<0.01%-44,25513F-HR/ATimelineGroup
Mills Wealth Advisors LLC34,419$1.66M0.65%-43713F-HRTimeline
GREAT VALLEY ADVISOR GROUP, INC.in group GREAT VALLEY ADVISOR GROUP, I…33,838$1.63M0.03%+12813F-HRTimelineGroup
Heritage Wealth Management, Inc. /CA/32,625$1.57M1.02%+3,09413F-HRTimeline
SEI INVESTMENTS COin group SEI INVESTMENTS CO32,530$1.57M<0.01%+3,36413F-HRTimelineGroup
WEBSTERROGERS FINANCIAL ADVISORS, LLC31,698$1.53M0.44%-1,13513F-HRTimeline
NORTHWEST WEALTH MANAGEMENT, LLC31,662$1.53M0.24%+6,50813F-HRTimeline
Thrivent Financial for Lutheransin group Thrivent Financial for Luther…31,626$1.52M<0.01%new13F-HRTimelineGroup
Landmark Wealth Management, LLC31,604$1.52M0.58%-10,37213F-HRTimeline
FLOW TRADERS U.S. LLC30,749$1.48M0.05%new13F-HRTimeline
XY Planning Network, Inc.30,636$1.48M0.26%+12,96213F-HRTimeline
NewEdge Advisors, LLC30,006$1.45M0.01%+2,18113F-HRTimeline
Kestra Advisory Services, LLCin group Kestra Advisory Services, LLC29,235$1.41M0.01%new13F-HRTimelineGroup
Platform Wealth Management, LLC28,589$1.38M0.37%13F-HRTimeline
One Capital Management, LLC28,320$1.36M0.04%+1,60513F-HRTimeline
DEMMING FINANCIAL SERVICES CORP /ADV28,115$1.35M1.02%13F-HRTimeline
Signature Resources Capital Management,…27,974$1.35M0.68%+1,49913F-HRTimeline
Sterling Wealth Management, Inc.27,941$1.35M0.38%+12,30413F-HRTimeline
Kane Co Wealth Management, Inc.27,790$1.34M1.18%13F-HRTimeline
One Degree Advisors Inc27,293$1.31M0.36%+2,53513F-HRTimeline
Wealthcare Advisory Partners LLCin group Wealthcare Advisory Partners …26,929$1.3M0.03%+2,89413F-HRTimelineGroup
Farther Finance Advisors, LLC26,863$1.29M0.01%+8,83313F-HRTimeline
JONES FINANCIAL COMPANIES LLLPin group JONES FINANCIAL COMPANIES LLLP26,684$1.29M<0.01%+16,70413F-HRTimelineGroup
Betterment LLC26,585$1.28M<0.01%-1,63013F-HRTimeline
OneDigital Investment Advisors LLC26,492$1.28M0.01%+24213F-HRTimeline
WPWealth LLP26,211$1.26M0.2%+1,89113F-HRTimeline
New Dimensions Wealth Management, LLC25,147$1.21M1.04%+3,18113F-HRTimeline
HEFFERNAN ADVISORY, INC24,897$1.2M1.15%13F-HRTimeline
CogentBlue Wealth Advisors, LLC23,925$1.15M0.79%-1,95613F-HRTimeline
IFP Advisors, Inc23,243$1.12M0.03%+2013F-HRTimeline
Blume Capital Management, Inc.22,685$1.09M0.2%013F-HRTimeline
Capstone Wealth Management, LLC22,267$1.07M0.78%+9,24613F-HRTimeline
Investmark Advisory Group LLC22,254$1.07M0.46%+17013F-HRTimeline
PHILLIPS FINANCIAL MANAGEMENT, LLC20,568$991K0.06%-84013F-HRTimeline
KEB ASSET MANAGEMENT, LLC18,937$912K0.18%+7,74613F-HRTimeline
Cambridge Investment Research Advisors,…18,760$904K<0.01%+1,39113F-HRTimeline
Sterling Wealth Advisors Inc18,462$889K0.54%+113F-HRTimeline
CLARIS ADVISORS, LLC / MO /18,431$888K0.27%+8,14313F-HRTimeline
Cogent Private Wealth, Inc.18,408$887K0.68%13F-HRTimeline
Pacific Asset Management, LLC18,376$885K0.53%+7,26313F-HRTimeline
Triune Financial Partners, LLC18,061$876K0.2%+8,62113F-HRTimeline
Safeguard Investment Advisory Group, LLC17,929$864K0.22%+82913F-HRTimeline
ArborFi Advisors, LLC17,843$859K0.7%+1,33113F-HRTimeline
ROBERTS GLORE & CO INC /IL/17,735$854K0.23%-2,86513F-HRTimeline
Financial Plan, Inc.17,491$843K0.1%13F-HRTimeline
Smartleaf Asset Management LLC16,901$814K0.03%+13,09713F-HRTimeline
JP Wealth Management, Inc.16,870$813K0.57%013F-HRTimeline
JANE STREET GROUP, LLCin group JANE STREET GROUP, LLC16,432$792K<0.01%+4,30613F-HRTimelineGroup
Aegis Wealth Management LLC16,200$780K0.44%+1,20013F-HRTimeline
Kings Path Partners LLC15,961$769K0.27%+3,06313F-HRTimeline
Crews Bank & Trust15,717$757K0.11%-1,63513F-HRTimeline
Physician Wealth Solutions Inc.15,360$740K0.31%-70713F-HRTimeline
Physician Wealth Advisors, Inc.15,235$734K0.1%+59313F-HRTimeline
Generations Wealth, LLC15,229$734K0.75%13F-HRTimeline
Friday Financial15,182$731K0.26%+48113F-HRTimeline
COMERICA BANK14,935$719K<0.01%+16613F-HRTimeline
Disciplined Investments, LLC14,225$685K0.26%-50013F-HRTimeline
Integrity Wealth Solutions LLC14,039$676K0.27%-3,98313F-HRTimeline
Beacon Pointe Advisors, LLC13,976$673K<0.01%+38413F-HRTimeline
INTEGRATED WEALTHCARE, LLC12,750$614K0.52%13F-HRTimeline
Grunden Financial Advisory, Inc.12,580$606K0.24%+11513F-HRTimeline
MML INVESTORS SERVICES, LLC12,463$600K<0.01%-1,98813F-HRTimeline
JDH Wealth Management, LLC12,419$598K0.41%+3,40313F-HRTimeline
White Wing Wealth Management12,202$588K0.35%-10,29413F-HRTimeline
BDFS Capital LLC12,062$581K0.29%13F-HRTimeline
Zhang Financial LLC12,000$578K0.02%new13F-HRTimeline
FORTERIS WEALTH MANAGEMENT INC.11,915$574K0.56%13F-HRTimeline
Foundations Investment Advisors, LLC11,786$568K0.01%+3,68813F-HRTimeline
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA11,591$559K<0.01%-8,31213F-HRTimelineGroup
COGENT STRATEGIC WEALTH LLC11,403$552K0.6%13F-HRTimeline
SpringVest Wealth Management LLC11,374$548K0.38%013F-HRTimeline
Iowa State Bank11,271$543K0.1%013F-HRTimeline
Foundry Financial LLC11,264$543K0.29%13F-HRTimeline
MOSAIC FAMILY WEALTH PARTNERS, LLC10,963$528K0.06%+83313F-HRTimeline
Western Wealth Management, LLC10,900$525K0.02%+1,58513F-HRTimeline
CVA Family Office, LLC10,785$520K0.06%013F-HRTimeline
Jacobi Capital Management LLC10,732$517K0.03%+9813F-HRTimeline