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 | |
|---|---|---|---|---|---|---|
2726
Ubiquiti
UI
$31.8B
| $2.35M | ﹤0.01% |
16,188
-5,888
| -27% | -$988K |
|
|
DGICB
2727
Donegal Group Class B
DGICB
$775M
| $2.35M | ﹤0.01% |
165,787
| – | – |
|
2728
EVI Industries
EVI
$196M
| $2.35M | ﹤0.01% |
94,600
+6,948
| +8% | +$175K |
|
|
CMBM
2729
DELISTED
Cambium Networks
CMBM
| $2.34M | ﹤0.01% |
318,746
-111,463
| -26% | -$1.2M |
|
2730
Inspired Entertainment
INSE
$185M
| $2.34M | ﹤0.01% |
195,322
+2,055
| +1% | +$26.3K |
|
2731
First Western Financial
MYFW
$306M
| $2.31M | ﹤0.01% |
127,499
+6,048
| +5% | +$120K |
|
2732
Archer Aviation
ACHR
$3.49B
| $2.31M | ﹤0.01% |
456,099
+355,770
| +355% | +$2.04M |
|
2733
Federal Agricultural Mortgage Class A
AGM.A
| $2.3M | ﹤0.01% |
17,989
+100
| +0.6% | +$13.4K |
|
|
BRT
2734
BRT Apartments
BRT
$283M
| $2.3M | ﹤0.01% |
133,051
+8,114
| +6% | +$153K |
|
2735
Outset Medical
OM
$87.1M
| $2.3M | ﹤0.01% |
14,068
-15,004
| -52% | -$3.54M |
|
2736
Red River Bancshares
RRBI
$674M
| $2.28M | ﹤0.01% |
49,576
+6,325
| +15% | +$307K |
|
2737
Mammoth Energy Services
TUSK
$121M
| $2.28M | ﹤0.01% |
490,708
+174,726
| +55% | +$850K |
|
2738
Transact Technologies
TACT
$50.1M
| $2.28M | ﹤0.01% |
354,507
+136,056
| +62% | +$1.03M |
|
2739
Arhaus
ARHS
$1.08B
| $2.27M | ﹤0.01% |
244,495
+221,257
| +952% | +$2.32M |
|
|
IMOS
2740
ChipMOS TECHNOLOGIES
IMOS
$1.6B
| $2.27M | ﹤0.01% |
98,465
-1,411
| -1% | -$32.8K |
|
|
NEWR
2741
DELISTED
New Relic, Inc.
NEWR
| $2.27M | ﹤0.01% |
26,494
+14,112
| +114% | +$1.14M |
|
2742
Grupo Aeroportuario Centro Norte
OMAB
$5.19B
| $2.25M | ﹤0.01% |
25,905
+4,844
| +23% | +$438K |
|
2743
Innodata
INOD
$1.84B
| $2.25M | ﹤0.01% |
263,586
-17,713
| -6% | -$199K |
|
2744
Westwood Holdings Group
WHG
$186M
| $2.24M | ﹤0.01% |
220,274
-17,160
| -7% | -$187K |
|
2745
Inogen
INGN
$175M
| $2.23M | ﹤0.01% |
427,668
-129,992
| -23% | -$924K |
|
2746
Wipro
WIT
$19.4B
| $2.23M | ﹤0.01% |
919,470
+11,094
| +1% | +$27.6K |
|
2747
American Well
AMWL
$184M
| $2.22M | ﹤0.01% |
95,090
-39,834
| -30% | -$1.35M |
|
2748
Rhythm Pharmaceuticals
RYTM
$7.38B
| $2.22M | ﹤0.01% |
96,948
-7,010
| -7% | -$157K |
|
2749
RGC Resources
RGCO
$236M
| $2.22M | ﹤0.01% |
128,234
-4,343
| -3% | -$81.4K |
|
2750
Plumas Bancorp
PLBC
$430M
| $2.21M | ﹤0.01% |
64,879
+4
| +0% | +$141 |
|
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.