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 |
Prologis
PLD
|
+$275M |
| 2 |
U-Haul Holding Co Series N
UHAL.B
|
+$252M |
| 3 |
Apple
AAPL
|
+$127M |
| 4 |
FLG
Flagstar Bank National Association
FLG
|
+$122M |
| 5 |
Shell
SHEL
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$260M |
| 2 |
U-Haul Holding Co
UHAL
|
+$257M |
| 3 |
Walmart Inc
WMT
|
+$158M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$154M |
| 5 |
Antero Resources
AR
|
+$153M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.11% |
| 2 | Technology | 12.45% |
| 3 | Industrials | 10.99% |
| 4 | Healthcare | 9.96% |
| 5 | Consumer Discretionary | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2626
Mammoth Energy Services
TUSK
$128M
| $2.79K | ﹤0.01% |
323,185
+82,041
| +34% | +$467K |
|
|
LPRO
2627
Open Lending Corp
LPRO
| $2.79K | ﹤0.01% |
413,960
+40,796
| +11% | +$287K |
|
2628
Pliant Therapeutics
PLRX
$64.4M
| $2.78K | ﹤0.01% |
143,967
+124,106
| +625% | +$2.59M |
|
|
ILPT
2629
Industrial Logistics Properties Trust
ILPT
$575M
| $2.78K | ﹤0.01% |
849,669
-74,615
| -8% | -$311K |
|
2630
Babcock & Wilcox
BW
$1.39B
| $2.77K | ﹤0.01% |
480,924
-110,399
| -19% | -$603K |
|
|
NGM
2631
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $2.75K | ﹤0.01% |
547,865
-239,943
| -30% | -$1.5M |
|
2632
Sabesp
SBS
$19.1B
| $2.75K | ﹤0.01% |
1,325,690
+1,897
| +0.1% | +$4.01K |
|
2633
Amplify Energy
AMPY
$161M
| $2.75K | ﹤0.01% |
312,352
+202,689
| +185% | +$1.72M |
|
2634
Westwood Holdings Group
WHG
$182M
| $2.74K | ﹤0.01% |
245,821
-1,949
| -0.8% | -$20.5K |
|
|
MBCN
2635
DELISTED
Middlefield Banc Corp
MBCN
| $2.73K | ﹤0.01% |
99,820
-1,798
| -2% | -$51.5K |
|
2636
DigitalOcean
DOCN
$13.7B
| $2.73K | ﹤0.01% |
107,302
+11,255
| +12% | +$352K |
|
|
BHR
2637
Braemar Hotels & Resorts
BHR
$156M
| $2.72K | ﹤0.01% |
661,009
+16,856
| +3% | +$69.2K |
|
|
TGI
2638
DELISTED
Triumph Group
TGI
| $2.71K | ﹤0.01% |
257,361
-75,586
| -23% | -$781K |
|
|
TTSH
2639
DELISTED
Tile Shop Holdings
TTSH
| $2.71K | ﹤0.01% |
617,513
+377,320
| +157% | +$1.55M |
|
|
ESMT
2640
DELISTED
EngageSmart, Inc.
ESMT
| $2.7K | ﹤0.01% |
+153,524
| New | +$2.82M |
|
|
SAL
2641
DELISTED
Salisbury Bancorp, Inc.
SAL
| $2.7K | ﹤0.01% |
86,015
| – | – |
|
2642
Stoke Therapeutics
STOK
$1.8B
| $2.69K | ﹤0.01% |
292,007
-46,989
| -14% | -$489K |
|
2643
Aware
AWRE
$26M
| $2.69K | ﹤0.01% |
1,575,334
-500
| -0% | -$884 |
|
2644
Accuray
ARAY
$32M
| $2.69K | ﹤0.01% |
1,288,616
-171,504
| -12% | -$354K |
|
2645
Farmers & Merchants Bancorp
FMAO
$459M
| $2.69K | ﹤0.01% |
99,102
-3,269
| -3% | -$92.1K |
|
|
EGIO
2646
DELISTED
Edgio, Inc. Common Stock
EGIO
| $2.69K | ﹤0.01% |
59,473
-6,093
| -9% | -$469K |
|
|
SRT
2647
DELISTED
Startek Inc.
SRT
| $2.69K | ﹤0.01% |
716,723
-2,262
| -0.3% | -$7.98K |
|
2648
Zentalis Pharmaceuticals
ZNTL
$337M
| $2.68K | ﹤0.01% |
133,031
+98,683
| +287% | +$2.12M |
|
2649
ASE Group
ASX
$77.3B
| $2.66K | ﹤0.01% |
424,418
-55,072
| -11% | -$323K |
|
2650
Maui Land & Pineapple Co
MLP
$344M
| $2.66K | ﹤0.01% |
282,021
+6,942
| +3% | +$62.3K |
|
Similar funds
Dimensional Fund Advisors's Q4 2022 Portfolio in Review
As of Q4 2022, Dimensional Fund Advisors held 3,580 positions worth $338M, down 100% from $260B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Dimensional Fund Advisors withdrew a net $2.24B in Q4 2022, closing 89 positions and reducing 1,331 holdings. Its most notable exit was Duke Realty Corp., an estimated $260M position sold in full.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
Against the trend, Dimensional Fund Advisors opened a new position in U-Haul Holding Co Series N worth $239K.
- Dimensional Fund Advisors's largest Q4 2022 buy was U-Haul Holding Co Series N: 4,345,763 shares worth $239K.
- Dimensional Fund Advisors added most to Prologis in Q4 2022, an estimated $275M increase.
- Dimensional Fund Advisors's biggest Q4 2022 reduction was U-Haul Holding Co, cutting an estimated $257M.
- Dimensional Fund Advisors fully exited Duke Realty Corp. in Q4 2022, selling an estimated $260M.
- Dimensional Fund Advisors's ten largest holdings make up 20% of its $338M portfolio in Q4 2022.
- Dimensional Fund Advisors opened 92 new positions and closed 89 in Q4 2022.
- Dimensional Fund Advisors's portfolio value fell 100% quarter-over-quarter to $338M.
Based on Dimensional Fund Advisors's 13F filing for Q4 2022, filed 9 Feb 2023.