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 | |
|---|---|---|---|---|---|---|
|
GBIO
2676
DELISTED
Generation Bio
GBIO
| $2.89M | ﹤0.01% |
76,142
+11,692
| +18% | +$554K |
|
2677
SmartRent
SMRT
$192M
| $2.87M | ﹤0.01% |
1,099,267
+804,083
| +272% | +$2.73M |
|
|
BIG
2678
DELISTED
Big Lots, Inc.
BIG
| $2.84M | ﹤0.01% |
556,226
-228,766
| -29% | -$1.74M |
|
2679
Caribou Biosciences
CRBU
$146M
| $2.84M | ﹤0.01% |
593,677
+462,997
| +354% | +$2.87M |
|
|
EXK
2680
Endeavour Silver
EXK
$2.24B
| $2.82M | ﹤0.01% |
1,158,743
+261,175
| +29% | +$771K |
|
|
OPI
2681
DELISTED
Office Properties Income Trust
OPI
| $2.81M | ﹤0.01% |
686,314
+17,146
| +3% | +$119K |
|
|
ORLA
2682
Orla Mining
ORLA
$3.36B
| $2.81M | ﹤0.01% |
786,127
+240,200
| +44% | +$1.07M |
|
2683
Tandem Diabetes Care
TNDM
$1.27B
| $2.8M | ﹤0.01% |
135,009
-159,503
| -54% | -$4.38M |
|
2684
AMREP Corp
AXR
$124M
| $2.8M | ﹤0.01% |
166,623
+4,255
| +3% | +$74.2K |
|
2685
Planet Labs
PL
$6.94B
| $2.8M | ﹤0.01% |
1,077,383
+574,996
| +114% | +$1.83M |
|
2686
Angi Inc
ANGI
$247M
| $2.79M | ﹤0.01% |
140,785
+46,030
| +49% | +$1.32M |
|
2687
IBEX
IBEX
$489M
| $2.79M | ﹤0.01% |
180,269
-18,010
| -9% | -$337K |
|
2688
FIVE9
FIVN
$2.08B
| $2.74M | ﹤0.01% |
42,543
+27,433
| +182% | +$2.05M |
|
2689
Organogenesis Holdings
ORGO
$324M
| $2.73M | ﹤0.01% |
856,520
+441,173
| +106% | +$1.4M |
|
2690
Emergent Biosolutions
EBS
$379M
| $2.73M | ﹤0.01% |
801,603
-687,982
| -46% | -$3.81M |
|
2691
Custom Truck One Source
CTOS
$2.21B
| $2.72M | ﹤0.01% |
438,852
+345,324
| +369% | +$2.28M |
|
2692
Liberty Global Class A
LBTYA
$3.59B
| $2.7M | ﹤0.01% |
157,673
-516
| -0.3% | -$9.31K |
|
2693
Jakks Pacific
JAKK
$303M
| $2.7M | ﹤0.01% |
145,123
+69,525
| +92% | +$1.33M |
|
|
MAGN
2694
Magnera Corp
MAGN
$493M
| $2.68M | ﹤0.01% |
102,977
-18,287
| -15% | -$609K |
|
2695
The ONE Group
STKS
$55.9M
| $2.66M | ﹤0.01% |
484,015
+8,829
| +2% | +$60K |
|
2696
Hawthorn Bancshares
HWBK
$267M
| $2.66M | ﹤0.01% |
163,418
-4,709
| -3% | -$80.4K |
|
2697
Marathon Digital Holdings
MARA
$3.83B
| $2.65M | ﹤0.01% |
311,989
+1,520
| +0.5% | +$20.4K |
|
2698
NI Holdings
NODK
$320M
| $2.64M | ﹤0.01% |
205,397
+12,191
| +6% | +$162K |
|
2699
Fossil Group
FOSL
$260M
| $2.64M | ﹤0.01% |
1,282,346
-362,358
| -22% | -$844K |
|
2700
Norwood Financial Corp
NWFL
$366M
| $2.64M | ﹤0.01% |
102,408
-430
| -0.4% | -$12.3K |
|
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.