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 | |
|---|---|---|---|---|---|---|
2551
GrowGeneration
GRWG
$84.7M
| $4.66M | ﹤0.01% |
1,594,666
+228,914
| +17% | +$750K |
|
2552
KT
KT
$8.74B
| $4.65M | ﹤0.01% |
362,930
-25,285
| -7% | -$305K |
|
2553
First Northwest Bancorp
FNWB
$114M
| $4.62M | ﹤0.01% |
376,746
-575
| -0.2% | -$7.27K |
|
|
OLP
2554
One Liberty Properties
OLP
$542M
| $4.62M | ﹤0.01% |
244,766
+1,107
| +0.5% | +$22K |
|
|
TBCH
2555
Turtle Beach Corp
TBCH
$238M
| $4.62M | ﹤0.01% |
508,672
+2,807
| +0.6% | +$30.1K |
|
|
ZIMV
2556
DELISTED
ZimVie
ZIMV
| $4.58M | ﹤0.01% |
486,912
+234,918
| +93% | +$2.71M |
|
2557
CSP Inc
CSPI
$79.7M
| $4.56M | ﹤0.01% |
520,696
+12,748
| +3% | +$93.8K |
|
|
ITCI
2558
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.54M | ﹤0.01% |
87,225
+37,235
| +74% | +$2.17M |
|
2559
Dimensional Emerging Markets High Profitability ETF
DEHP
$396M
| $4.53M | ﹤0.01% |
200,000
| – | – |
|
2560
Harrow
HROW
$1.44B
| $4.53M | ﹤0.01% |
315,140
-219,836
| -41% | -$3.84M |
|
2561
Ooma
OOMA
$601M
| $4.51M | ﹤0.01% |
346,882
+7,845
| +2% | +$111K |
|
|
ITI
2562
DELISTED
Iteris, Inc.
ITI
| $4.5M | ﹤0.01% |
1,088,009
-72,371
| -6% | -$308K |
|
2563
Bel Fuse Inc Class A
BELFA
$2.88B
| $4.48M | ﹤0.01% |
95,052
-2
| -0% | -$104 |
|
2564
Korea Electric Power
KEP
$14.6B
| $4.48M | ﹤0.01% |
695,740
-9,875
| -1% | -$70.1K |
|
2565
Northern Technologies International Corp
NTIC
$75.6M
| $4.47M | ﹤0.01% |
334,051
-1,969
| -0.6% | -$24.8K |
|
2566
Banco Bradesco
BBD
$37.4B
| $4.46M | ﹤0.01% |
1,566,652
+1,707
| +0.1% | +$5.4K |
|
2567
Pure Cycle
PCYO
$255M
| $4.45M | ﹤0.01% |
463,716
+5,243
| +1% | +$59.2K |
|
|
EGRX
2568
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $4.43M | ﹤0.01% |
280,688
-119,811
| -30% | -$2.15M |
|
2569
Alector
ALEC
$169M
| $4.42M | ﹤0.01% |
681,225
+128,401
| +23% | +$831K |
|
2570
Bally's
BALY
$708M
| $4.39M | ﹤0.01% |
334,796
+54,853
| +20% | +$839K |
|
|
EVBN
2571
DELISTED
Evans Bancorp Inc
EVBN
| $4.39M | ﹤0.01% |
163,677
-15,945
| -9% | -$443K |
|
|
MCHB
2572
Mechanics Bancorp
MCHB
$3.65B
| $4.38M | ﹤0.01% |
562,631
-527,178
| -48% | -$4.68M |
|
2573
Hamilton Beach Brands
HBB
$313M
| $4.37M | ﹤0.01% |
352,284
-20,578
| -6% | -$228K |
|
2574
AMCON Distributing
DIT
$60.5M
| $4.37M | ﹤0.01% |
31,791
-209
| -0.7% | -$30K |
|
2575
CareDx
CDNA
$1.83B
| $4.35M | ﹤0.01% |
621,911
+339,107
| +120% | +$3.13M |
|
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.