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 | |
|---|---|---|---|---|---|---|
|
DSKE
2576
DELISTED
Daseke, Inc. Common Stock
DSKE
| $4.35M | ﹤0.01% |
848,439
-20,517
| -2% | -$124K |
|
2577
NerdWallet
NRDS
$632M
| $4.33M | ﹤0.01% |
486,814
+152,319
| +46% | +$1.42M |
|
2578
Braskem
BAK
$901M
| $4.31M | ﹤0.01% |
525,700
-25,641
| -5% | -$248K |
|
2579
Clarus
CLAR
$125M
| $4.26M | ﹤0.01% |
563,451
+241,851
| +75% | +$1.94M |
|
|
SA
2580
Seabridge Gold
SA
$2.72B
| $4.26M | ﹤0.01% |
403,262
+25,545
| +7% | +$303K |
|
2581
Maui Land & Pineapple Co
MLP
$354M
| $4.25M | ﹤0.01% |
320,668
+21,730
| +7% | +$307K |
|
|
PBPB
2582
DELISTED
Potbelly
PBPB
| $4.22M | ﹤0.01% |
541,614
-12,504
| -2% | -$106K |
|
2583
PLDT
PHI
$4.31B
| $4.22M | ﹤0.01% |
203,945
-13,667
| -6% | -$299K |
|
|
SMAR
2584
DELISTED
Smartsheet Inc.
SMAR
| $4.21M | ﹤0.01% |
104,068
-8,322
| -7% | -$342K |
|
|
SBT
2585
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $4.19M | ﹤0.01% |
716,873
+99,328
| +16% | +$582K |
|
2586
Douglas Elliman
DOUG
$156M
| $4.18M | ﹤0.01% |
1,851,201
-324,646
| -15% | -$746K |
|
2587
Biglari Holdings Class A
BH.A
$1.2B
| $4.17M | ﹤0.01% |
4,980
-39
| -0.8% | -$36.6K |
|
2588
Pulmonx
LUNG
$52.8M
| $4.16M | ﹤0.01% |
402,625
+93,551
| +30% | +$1.08M |
|
|
ONL
2589
Orion Office REIT
ONL
$151M
| $4.14M | ﹤0.01% |
793,913
-5,564
| -0.7% | -$33.8K |
|
2590
AMES National
ATLO
$271M
| $4.13M | ﹤0.01% |
249,187
-17,372
| -7% | -$320K |
|
|
TBNK
2591
DELISTED
Territorial Bancorp Inc.
TBNK
| $4.13M | ﹤0.01% |
454,314
-47,641
| -9% | -$529K |
|
2592
Neogen
NEOG
$2.05B
| $4.11M | ﹤0.01% |
221,426
-72,192
| -25% | -$1.57M |
|
|
AC
2593
DELISTED
Associated Capital Group
AC
| $4.08M | ﹤0.01% |
111,778
+2,769
| +3% | +$101K |
|
2594
J. Jill
JILL
$274M
| $4.07M | ﹤0.01% |
137,596
-1,423
| -1% | -$33.4K |
|
2595
Ponce Financial Group
PDLB
$486M
| $4.07M | ﹤0.01% |
520,264
+109,167
| +27% | +$936K |
|
2596
Transmedics
TMDX
$2.7B
| $4.07M | ﹤0.01% |
74,277
-171,473
| -70% | -$12.3M |
|
2597
InfuSystem Holdings
INFU
$197M
| $4.06M | ﹤0.01% |
420,735
+10,835
| +3% | +$111K |
|
2598
eGain
EGAN
$186M
| $4.05M | ﹤0.01% |
660,802
-9,639
| -1% | -$64.9K |
|
|
GHL
2599
DELISTED
Greenhill & Co., Inc.
GHL
| $4.05M | ﹤0.01% |
273,626
-28,104
| -9% | -$414K |
|
|
PFSW
2600
DELISTED
PFSweb, Inc.
PFSW
| $4.05M | ﹤0.01% |
544,094
-87,091
| -14% | -$454K |
|
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.