Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kenvue
KVUE
|
+$396M |
| 2 |
JPMorgan Chase
JPM
|
+$167M |
| 3 |
Extra Space Storage
EXR
|
+$148M |
| 4 |
GE HealthCare
GEHC
|
+$120M |
| 5 |
Patterson-UTI
PTEN
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PDCE
PDC Energy, Inc.
PDCE
|
+$313M |
| 2 |
Super Micro Computer
SMCI
|
+$310M |
| 3 |
UNVR
Univar Solutions Inc.
UNVR
|
+$176M |
| 4 |
LSI
Life Storage, Inc.
LSI
|
+$160M |
| 5 |
Walmart Inc
WMT
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.29% |
| 2 | Financials | 16.14% |
| 3 | Industrials | 13.23% |
| 4 | Consumer Discretionary | 10.82% |
| 5 | Healthcare | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
LegalZoom.com
LZ
$1.45B
| $5.08M | ﹤0.01% |
464,357
+444,158
| +2,199% | +$5.45M |
|
2527
BlackLine
BL
$1.9B
| $5.06M | ﹤0.01% |
+91,236
| New | +$5M |
|
|
PHX
2528
DELISTED
PHX Minerals
PHX
| $5.05M | ﹤0.01% |
1,387,918
+126,523
| +10% | +$425K |
|
2529
Cytek Biosciences
CTKB
$566M
| $5.03M | ﹤0.01% |
910,741
+570,509
| +168% | +$4.58M |
|
2530
Willdan Group
WLDN
$1.02B
| $5.01M | ﹤0.01% |
245,352
-12,430
| -5% | -$264K |
|
2531
Ranpak Holdings
PACK
$500M
| $4.99M | ﹤0.01% |
916,616
+240,155
| +36% | +$1.32M |
|
2532
LendingTree
TREE
$551M
| $4.98M | ﹤0.01% |
321,185
-10,960
| -3% | -$222K |
|
|
INFN
2533
DELISTED
Infinera Corporation Common Stock
INFN
| $4.97M | ﹤0.01% |
1,187,948
+61,833
| +5% | +$267K |
|
|
USAP
2534
DELISTED
Universal Stainless & Alloy
USAP
| $4.93M | ﹤0.01% |
376,097
-22,658
| -6% | -$318K |
|
|
HRT
2535
DELISTED
HireRight Holdings Corporation
HRT
| $4.89M | ﹤0.01% |
514,287
+286,475
| +126% | +$2.96M |
|
2536
Value Line
VALU
$333M
| $4.87M | ﹤0.01% |
111,331
-2,901
| -3% | -$145K |
|
2537
Kinetik
KNTK
$3.72B
| $4.85M | ﹤0.01% |
143,777
+83,978
| +140% | +$2.95M |
|
|
PCTI
2538
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $4.83M | ﹤0.01% |
1,162,206
-12,365
| -1% | -$55.2K |
|
2539
Accuray
ARAY
$27.5M
| $4.83M | ﹤0.01% |
1,776,517
+119,271
| +7% | +$393K |
|
2540
Dimensional US Core Equity 1 ETF
DCOR
$3.27B
| $4.82M | ﹤0.01% |
+100,000
| New | +$4.89M |
|
2541
Chemung Financial Corp
CHMG
$394M
| $4.82M | ﹤0.01% |
121,611
+5,638
| +5% | +$227K |
|
2542
United Microelectronic
UMC
$42.9B
| $4.8M | ﹤0.01% |
679,587
-8,959
| -1% | -$64.9K |
|
2543
Leslie's
LESL
$8.33M
| $4.77M | ﹤0.01% |
42,172
-58,686
| -58% | -$7.68M |
|
|
CTO
2544
CTO Realty Growth
CTO
$756M
| $4.75M | ﹤0.01% |
293,296
+7,329
| +3% | +$126K |
|
2545
Townsquare Media
TSQ
$105M
| $4.75M | ﹤0.01% |
544,989
+22,258
| +4% | +$231K |
|
|
NVRO
2546
DELISTED
NEVRO CORP.
NVRO
| $4.73M | ﹤0.01% |
246,275
-77,662
| -24% | -$1.66M |
|
|
CONN
2547
DELISTED
Conn's Inc.
CONN
| $4.73M | ﹤0.01% |
1,196,956
-256,794
| -18% | -$1.07M |
|
2548
Viking Therapeutics
VKTX
$3.88B
| $4.73M | ﹤0.01% |
426,764
-107,568
| -20% | -$1.54M |
|
2549
Frequency Electronics
FEIM
$569M
| $4.71M | ﹤0.01% |
679,323
-17,734
| -3% | -$120K |
|
2550
C3.ai
AI
$1.38B
| $4.69M | ﹤0.01% |
183,890
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q3 2023 Portfolio in Review
As of Q3 2023, Dimensional Fund Advisors held 3,560 positions worth $305B, down 2.8% from $314B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q3 2023: portfolio turnover was 4.9%. Dimensional Fund Advisors opened 80 new positions and exited 93, leaving the 3,560-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 18% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q3 2023 buy was Kenvue: 17,128,393 shares worth $344M.
- Dimensional Fund Advisors added most to JPMorgan Chase in Q3 2023, an estimated $167M increase.
- Dimensional Fund Advisors's biggest Q3 2023 reduction was Super Micro Computer, cutting an estimated $310M.
- Dimensional Fund Advisors fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $313M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $305B portfolio in Q3 2023.
- Dimensional Fund Advisors opened 80 new positions and closed 93 in Q3 2023.
- Dimensional Fund Advisors's portfolio value fell 2.8% quarter-over-quarter to $305B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2023, filed 9 Nov 2023.