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 | |
|---|---|---|---|---|---|---|
|
ILPT
2701
Industrial Logistics Properties Trust
ILPT
$582M
| $2.64M | ﹤0.01% |
912,764
+56,147
| +7% | +$212K |
|
|
CIO
2702
DELISTED
City Office REIT
CIO
| $2.63M | ﹤0.01% |
619,719
+41,919
| +7% | +$215K |
|
2703
Chewy
CHWY
$9.54B
| $2.63M | ﹤0.01% |
143,935
-47,105
| -25% | -$1.35M |
|
2704
Compañía de Minas Buenaventura
BVN
$7.68B
| $2.6M | ﹤0.01% |
305,615
-5,642
| -2% | -$45.2K |
|
|
SBDS
2705
DELISTED
Solo Brands Inc
SBDS
| $2.59M | ﹤0.01% |
12,675
+2,357
| +23% | +$514K |
|
2706
Identive
INVE
$61M
| $2.57M | ﹤0.01% |
304,505
+50,956
| +20% | +$424K |
|
2707
Triple Flag Precious Metals
TFPM
$5.93B
| $2.55M | ﹤0.01% |
195,207
+83,264
| +74% | +$1.12M |
|
|
TCN
2708
DELISTED
Tricon Residential Inc.
TCN
| $2.52M | ﹤0.01% |
340,732
+1,295
| +0.4% | +$11.2K |
|
|
ORAN
2709
DELISTED
Orange
ORAN
| $2.52M | ﹤0.01% |
219,334
-20,800
| -9% | -$238K |
|
2710
Workiva
WK
$3.45B
| $2.52M | ﹤0.01% |
24,838
+21,710
| +694% | +$2.26M |
|
2711
Princeton Bancorp
BPRN
$283M
| $2.5M | ﹤0.01% |
86,345
-43
| -0% | -$1.26K |
|
2712
Fulcrum Therapeutics
FULC
$241M
| $2.5M | ﹤0.01% |
561,998
+86,663
| +18% | +$379K |
|
|
BCOV
2713
DELISTED
Brightcove, Inc.
BCOV
| $2.49M | ﹤0.01% |
757,948
-10,500
| -1% | -$40.5K |
|
|
HUYA
2714
Huya Inc
HUYA
$558M
| $2.48M | ﹤0.01% |
874,083
-98,145
| -10% | -$283K |
|
2715
Nexa Resources
NEXA
$1.61B
| $2.48M | ﹤0.01% |
409,174
-63,729
| -13% | -$349K |
|
2716
SoundThinking
SSTI
$108M
| $2.44M | ﹤0.01% |
136,085
-14,609
| -10% | -$310K |
|
2717
Citizens Community Bancorp
CZWI
$212M
| $2.43M | ﹤0.01% |
253,439
+1,067
| +0.4% | +$10.6K |
|
|
FSP
2718
Franklin Street Properties
FSP
$49.8M
| $2.43M | ﹤0.01% |
1,311,829
-12,544
| -0.9% | -$22.3K |
|
2719
Tenable Holdings
TENB
$3.47B
| $2.39M | ﹤0.01% |
53,432
+27,750
| +108% | +$1.25M |
|
2720
American Public Education
APEI
$940M
| $2.39M | ﹤0.01% |
479,787
-121,319
| -20% | -$621K |
|
2721
Kodak
KODK
$809M
| $2.37M | ﹤0.01% |
563,026
+391,784
| +229% | +$1.92M |
|
2722
National Bankshares
NKSH
$253M
| $2.37M | ﹤0.01% |
94,661
-4,750
| -5% | -$132K |
|
2723
FVCBankcorp
FVCB
$335M
| $2.37M | ﹤0.01% |
185,045
+9,104
| +5% | +$109K |
|
2724
Sabesp
SBS
$18.4B
| $2.37M | ﹤0.01% |
1,017,031
-90,992
| -8% | -$207K |
|
2725
Trupanion
TRUP
$1.13B
| $2.36M | ﹤0.01% |
83,608
-28,178
| -25% | -$801K |
|
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.