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 | |
|---|---|---|---|---|---|---|
2626
Oportun Financial
OPRT
$262M
| $3.62M | ﹤0.01% |
501,510
+157,626
| +46% | +$1.04M |
|
2627
Treace Medical Concepts
TMCI
$262M
| $3.62M | ﹤0.01% |
276,123
+200,654
| +266% | +$3.67M |
|
2628
Cognyte Software
CGNT
$655M
| $3.61M | ﹤0.01% |
751,627
-63,163
| -8% | -$320K |
|
2629
Capital Bancorp
CBNK
$616M
| $3.61M | ﹤0.01% |
188,641
+13,576
| +8% | +$263K |
|
2630
Colony Bankcorp
CBAN
$468M
| $3.58M | ﹤0.01% |
358,347
+63,176
| +21% | +$645K |
|
2631
Alerus Financial
ALRS
$828M
| $3.58M | ﹤0.01% |
196,896
+32,889
| +20% | +$618K |
|
|
VTYX
2632
DELISTED
Ventyx Biosciences
VTYX
| $3.57M | ﹤0.01% |
102,898
-61,149
| -37% | -$2.11M |
|
2633
ScottsMiracle-Gro
SMG
$4.09B
| $3.55M | ﹤0.01% |
68,730
-405,989
| -86% | -$23.5M |
|
2634
PMV Pharmaceuticals
PMVP
$57.1M
| $3.55M | ﹤0.01% |
577,835
+263,523
| +84% | +$1.81M |
|
2635
Security National Financial
SNFCA
$248M
| $3.53M | ﹤0.01% |
521,571
+50,186
| +11% | +$357K |
|
|
CRON
2636
Cronos Group
CRON
$1.07B
| $3.52M | ﹤0.01% |
1,758,091
+389,018
| +28% | +$760K |
|
2637
Key Tronic
KTCC
$42.8M
| $3.49M | ﹤0.01% |
780,827
-6,081
| -0.8% | -$31.1K |
|
|
DHC
2638
Diversified Healthcare Trust
DHC
$2.15B
| $3.49M | ﹤0.01% |
1,797,773
+374,234
| +26% | +$949K |
|
2639
Culp Inc
CULP
$45.2M
| $3.42M | ﹤0.01% |
612,635
-8,647
| -1% | -$47.7K |
|
2640
Comp X International
CIX
$352M
| $3.4M | ﹤0.01% |
182,651
| – | – |
|
2641
Genmab
GMAB
$17.5B
| $3.34M | ﹤0.01% |
94,784
+1,023
| +1% | +$39K |
|
2642
Clearfield
CLFD
$401M
| $3.34M | ﹤0.01% |
116,640
-25,478
| -18% | -$1M |
|
2643
Cadre Holdings
CDRE
$1.31B
| $3.34M | ﹤0.01% |
125,367
+44,909
| +56% | +$1.1M |
|
|
TCS
2644
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $3.33M | ﹤0.01% |
98,594
-21,577
| -18% | -$859K |
|
2645
OP Bancorp
OPBK
$235M
| $3.32M | ﹤0.01% |
362,644
+38,086
| +12% | +$358K |
|
2646
PrimeEnergy Resources
PNRG
$298M
| $3.3M | ﹤0.01% |
28,472
+116
| +0.4% | +$11.4K |
|
|
NOAH
2647
Noah Holdings
NOAH
$590M
| $3.3M | ﹤0.01% |
264,896
-59,580
| -18% | -$816K |
|
2648
Duluth Holdings
DLTH
$152M
| $3.3M | ﹤0.01% |
549,089
+111,146
| +25% | +$740K |
|
|
SENEB
2649
Seneca Foods Class B
SENEB
$1.16B
| $3.29M | ﹤0.01% |
60,960
| – | – |
|
2650
Natera
NTRA
$36.4B
| $3.28M | ﹤0.01% |
74,221
-28,469
| -28% | -$1.45M |
|
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.