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 | |
|---|---|---|---|---|---|---|
2751
Zymeworks
ZYME
$1.62B
| $2.21M | ﹤0.01% |
349,199
+259,406
| +289% | +$1.92M |
|
2752
iHeartMedia
IHRT
$535M
| $2.21M | ﹤0.01% |
699,053
-195,877
| -22% | -$739K |
|
2753
Enanta Pharmaceuticals
ENTA
$364M
| $2.2M | ﹤0.01% |
196,753
-248,689
| -56% | -$4.01M |
|
2754
DLH Holdings
DLHC
$76.5M
| $2.18M | ﹤0.01% |
186,929
-38,756
| -17% | -$420K |
|
2755
Ohio Valley Banc Corp
OVBC
$197M
| $2.17M | ﹤0.01% |
88,739
+2,354
| +3% | +$57.7K |
|
2756
Viemed Healthcare
VMD
$450M
| $2.17M | ﹤0.01% |
322,072
+39,938
| +14% | +$327K |
|
2757
Latham Group
SWIM
$650M
| $2.17M | ﹤0.01% |
773,922
+563,688
| +268% | +$2.04M |
|
|
GAMB
2758
DELISTED
Gambling.com
GAMB
| $2.16M | ﹤0.01% |
165,073
+138,304
| +517% | +$1.75M |
|
2759
Montauk Renewables
MNTK
$255M
| $2.16M | ﹤0.01% |
236,910
+221,683
| +1,456% | +$1.99M |
|
|
CWBC
2760
DELISTED
Community West BanCshares
CWBC
| $2.13M | ﹤0.01% |
164,063
+4
| +0% | +$52 |
|
|
SLGC
2761
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $2.13M | ﹤0.01% |
891,699
+274,190
| +44% | +$607K |
|
2762
Ark Restaurants
ARKR
$20.8M
| $2.12M | ﹤0.01% |
137,872
-2,675
| -2% | -$45.5K |
|
|
TWOU
2763
DELISTED
2U Inc
TWOU
| $2.11M | ﹤0.01% |
28,518
-11,857
| -29% | -$1.21M |
|
|
PARAA
2764
DELISTED
Paramount Global Class A
PARAA
| $2.11M | ﹤0.01% |
133,727
+6,848
| +5% | +$123K |
|
|
MBCN
2765
DELISTED
Middlefield Banc Corp
MBCN
| $2.1M | ﹤0.01% |
82,618
-855
| -1% | -$23.5K |
|
|
BHR
2766
Braemar Hotels & Resorts
BHR
$166M
| $2.1M | ﹤0.01% |
757,214
-3,521
| -0.5% | -$10.9K |
|
2767
PLAYSTUDIOS Inc
MYPS
$77.7M
| $2.1M | ﹤0.01% |
659,149
+422,589
| +179% | +$1.68M |
|
2768
Oak Valley Bancorp
OVLY
$286M
| $2.1M | ﹤0.01% |
83,560
+1,551
| +2% | +$40.2K |
|
|
MGIC
2769
DELISTED
Magic Software Enterprises
MGIC
| $2.09M | ﹤0.01% |
185,108
+19,141
| +12% | +$234K |
|
2770
SB Financial Group
SBFG
$164M
| $2.08M | ﹤0.01% |
151,759
+1,794
| +1% | +$25K |
|
2771
Takeda Pharmaceutical
TAK
$56.7B
| $2.08M | ﹤0.01% |
134,375
+1,353
| +1% | +$20.9K |
|
2772
Vaxcyte
PCVX
$7.68B
| $2.08M | ﹤0.01% |
40,719
+30,157
| +286% | +$1.49M |
|
|
ONC
2773
BeOne Medicines Ltd
ONC
$33.9B
| $2.07M | ﹤0.01% |
11,484
-710
| -6% | -$140K |
|
2774
Scholar Rock
SRRK
$5.89B
| $2.07M | ﹤0.01% |
291,842
+93,235
| +47% | +$626K |
|
2775
Aspen Aerogels
ASPN
$341M
| $2.06M | ﹤0.01% |
239,763
+226,401
| +1,694% | +$1.61M |
|
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.