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 |
Meta Platforms (Facebook)
META
|
+$332M |
| 2 |
ExxonMobil
XOM
|
+$283M |
| 3 |
Verizon
VZ
|
+$165M |
| 4 |
Yum China
YUMC
|
+$137M |
| 5 |
Chevron
CVX
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
|
+$941M |
| 2 |
Dimensional International Core Equity 2 ETF
DFIC
|
+$862M |
| 3 |
Dimensional International High Profitability ETF
DIHP
|
+$427M |
| 4 |
Dimensional International Small Cap Value ETF
DISV
|
+$421M |
| 5 |
Apple
AAPL
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.74% |
| 2 | Technology | 15.25% |
| 3 | Industrials | 12.58% |
| 4 | Healthcare | 11.81% |
| 5 | Consumer Discretionary | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
Graham Corp
GHM
$1.03B
| $3.13M | ﹤0.01% |
355,723
-28,634
| -7% | -$239K |
|
|
CRON
2577
Cronos Group
CRON
$1.07B
| $3.11M | ﹤0.01% |
1,104,432
+313,718
| +40% | +$967K |
|
2578
Citizens Community Bancorp
CZWI
$212M
| $3.11M | ﹤0.01% |
255,684
+6,078
| +2% | +$78.7K |
|
2579
DLH Holdings
DLHC
$78.3M
| $3.11M | ﹤0.01% |
253,570
+91,683
| +57% | +$1.44M |
|
2580
Nordic American Tanker
NAT
$1.36B
| $3.11M | ﹤0.01% |
1,165,735
+571,675
| +96% | +$1.52M |
|
|
SCX
2581
DELISTED
The L.S. Starrett Company
SCX
| $3.08M | ﹤0.01% |
349,255
+2,406
| +0.7% | +$18.9K |
|
2582
Capital Bancorp
CBNK
$616M
| $3.08M | ﹤0.01% |
133,364
+27,394
| +26% | +$655K |
|
2583
NN Inc
NNBR
$237M
| $3.08M | ﹤0.01% |
1,801,375
-205,571
| -10% | -$498K |
|
|
ONTF
2584
DELISTED
ON24
ONTF
| $3.06M | ﹤0.01% |
347,847
+191,313
| +122% | +$1.83M |
|
|
PZN
2585
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $3.05M | ﹤0.01% |
321,519
-45,996
| -13% | -$404K |
|
2586
Asure Software
ASUR
$242M
| $3.04M | ﹤0.01% |
531,549
+86,630
| +19% | +$473K |
|
2587
Colony Bankcorp
CBAN
$468M
| $3.04M | ﹤0.01% |
233,402
-1,286
| -0.5% | -$18.4K |
|
2588
Accuray
ARAY
$27.5M
| $3.04M | ﹤0.01% |
1,460,120
-293,872
| -17% | -$668K |
|
2589
Biglari Holdings Class A
BH.A
$1.2B
| $3.03M | ﹤0.01% |
4,977
+40
| +0.8% | +$24.9K |
|
|
ITI
2590
DELISTED
Iteris, Inc.
ITI
| $3.02M | ﹤0.01% |
1,018,576
+98,055
| +11% | +$293K |
|
2591
Legacy Housing
LEGH
$629M
| $3.02M | ﹤0.01% |
176,332
+2,428
| +1% | +$38.5K |
|
|
LPRO
2592
Open Lending Corp
LPRO
$372M
| $3M | ﹤0.01% |
373,164
+9,981
| +3% | +$101K |
|
2593
Madrigal Pharmaceuticals
MDGL
$12.6B
| $2.99M | ﹤0.01% |
45,995
-123,299
| -73% | -$8.57M |
|
2594
Upland Software
UPLD
$13.3M
| $2.94M | ﹤0.01% |
36,132
-27,672
| -43% | -$3.06M |
|
2595
Epsilon Energy
EPSN
$168M
| $2.93M | ﹤0.01% |
464,003
+140,200
| +43% | +$912K |
|
|
PHX
2596
DELISTED
PHX Minerals
PHX
| $2.91M | ﹤0.01% |
898,409
+205,951
| +30% | +$664K |
|
2597
Culp Inc
CULP
$45.2M
| $2.9M | ﹤0.01% |
665,359
-23,800
| -3% | -$113K |
|
|
TAST
2598
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $2.88M | ﹤0.01% |
1,767,597
-167,557
| -9% | -$354K |
|
2599
Procore
PCOR
$7.57B
| $2.88M | ﹤0.01% |
58,191
+46,107
| +382% | +$2.48M |
|
|
CAMP
2600
DELISTED
CalAmp Corp.
CAMP
| $2.88M | ﹤0.01% |
32,565
-8,308
| -20% | -$945K |
|
Similar funds
Dimensional Fund Advisors's Q3 2022 Portfolio in Review
As of Q3 2022, Dimensional Fund Advisors held 3,606 positions worth $260B, down 6.6% from $279B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q3 2022 filing shows 143 new, 1,920 increased, 1,329 reduced and 119 closed positions. Its largest new stake was Yum China: 2,857,283 shares worth $135M. The largest sale was Dimensional Emerging Markets Core Equity 2 ETF, an estimated $941M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q3 2022 buy was Yum China: 2,857,283 shares worth $135M.
- Dimensional Fund Advisors added most to Meta Platforms (Facebook) in Q3 2022, an estimated $332M increase.
- Dimensional Fund Advisors's biggest Q3 2022 reduction was Apple, cutting an estimated $219M.
- Dimensional Fund Advisors fully exited Dimensional Emerging Markets Core Equity 2 ETF in Q3 2022, selling an estimated $941M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $260B portfolio in Q3 2022.
- Dimensional Fund Advisors opened 143 new positions and closed 119 in Q3 2022.
- Dimensional Fund Advisors's portfolio value fell 6.6% quarter-over-quarter to $260B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2022, filed 10 Nov 2022.