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 | |
|---|---|---|---|---|---|---|
2851
ARS Pharmaceuticals
SPRY
$534M
| $1.41M | ﹤0.01% |
373,738
-19,912
| -5% | -$131K |
|
2852
NN Inc
NNBR
$254M
| $1.41M | ﹤0.01% |
757,409
-62,243
| -8% | -$146K |
|
2853
Espey Mfg & Electronics Corp
ESP
$178M
| $1.4M | ﹤0.01% |
86,981
-2,704
| -3% | -$43.6K |
|
2854
KE Holdings
BEKE
$17.7B
| $1.38M | ﹤0.01% |
88,994
+8,786
| +11% | +$140K |
|
2855
Mizuho Financial
MFG
$120B
| $1.38M | ﹤0.01% |
401,855
+3,301
| +0.8% | +$11K |
|
2856
Advantage Solutions
ADV
$562M
| $1.38M | ﹤0.01% |
19,389
+14,759
| +319% | +$980K |
|
2857
Bowman Consulting
BWMN
$458M
| $1.36M | ﹤0.01% |
48,699
+6,383
| +15% | +$194K |
|
|
NTCO
2858
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $1.36M | ﹤0.01% |
235,398
-2,429
| -1% | -$16.1K |
|
2859
Paymentus
PAY
$4.37B
| $1.35M | ﹤0.01% |
81,253
+29,070
| +56% | +$386K |
|
|
NINE
2860
DELISTED
Nine Energy Service
NINE
| $1.33M | ﹤0.01% |
322,225
-32,043
| -9% | -$144K |
|
2861
Upland Software
UPLD
$14.7M
| $1.33M | ﹤0.01% |
28,730
+6,288
| +28% | +$229K |
|
|
YMAB
2862
DELISTED
Y-mAbs Therapeutics
YMAB
| $1.32M | ﹤0.01% |
241,589
+112,091
| +87% | +$653K |
|
2863
Greene County Bancorp
GCBC
$580M
| $1.31M | ﹤0.01% |
54,530
+4
| +0% | +$121 |
|
2864
Cue Biopharma
CUE
$124M
| $1.3M | ﹤0.01% |
18,887
+379
| +2% | +$37K |
|
2865
Karat Packaging
KRT
$809M
| $1.3M | ﹤0.01% |
56,211
+27,178
| +94% | +$583K |
|
2866
Brookfield Asset Management
BAM
$75.4B
| $1.29M | ﹤0.01% |
38,818
-178,689
| -82% | -$6.03M |
|
2867
Meridian
MRBK
$241M
| $1.28M | ﹤0.01% |
131,134
+3,650
| +3% | +$41.1K |
|
2868
Magyar Bancorp
MGYR
$120M
| $1.27M | ﹤0.01% |
127,764
+3,548
| +3% | +$38.3K |
|
2869
ORIX
IX
$43.1B
| $1.27M | ﹤0.01% |
67,650
| – | – |
|
2870
FuelCell Energy
FCEL
$1.62B
| $1.27M | ﹤0.01% |
32,980
-102,920
| -76% | -$5.37M |
|
|
PINE
2871
Alpine Income Property Trust
PINE
$341M
| $1.26M | ﹤0.01% |
77,236
+11,143
| +17% | +$187K |
|
2872
Puma Biotechnology
PBYI
$399M
| $1.26M | ﹤0.01% |
479,511
+49,203
| +11% | +$168K |
|
2873
Biomea Fusion
BMEA
$89.7M
| $1.24M | ﹤0.01% |
89,865
+12,939
| +17% | +$233K |
|
2874
Rayonier
RYN
$6.62B
| $1.23M | ﹤0.01% |
47,556
-38,667
| -45% | -$1.08M |
|
|
INST
2875
DELISTED
Instructure Holdings, Inc.
INST
| $1.23M | ﹤0.01% |
+48,321
| New | +$1.25M |
|
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.