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 | |
|---|---|---|---|---|---|---|
|
DOYU
2901
DouYu International Holdings
DOYU
$140M
| $1.09M | ﹤0.01% |
111,749
-9,422
| -8% | -$98.7K |
|
|
OLPX
2902
DELISTED
Olaplex Holdings
OLPX
| $1.09M | ﹤0.01% |
557,018
-79,081
| -12% | -$238K |
|
|
LONA
2903
LeonaBio Inc
LONA
$65.5M
| $1.08M | ﹤0.01% |
53,445
+11,680
| +28% | +$299K |
|
2904
Denison Mines
DNN
$2.49B
| $1.08M | ﹤0.01% |
652,413
| – | – |
|
2905
Network-1 Technologies
NTIP
$37.3M
| $1.07M | ﹤0.01% |
459,315
-12,282
| -3% | -$28K |
|
2906
Quest Resource Holding
QRHC
$28.3M
| $1.07M | ﹤0.01% |
145,221
-14,854
| -9% | -$107K |
|
2907
8x8 Inc
EGHT
$271M
| $1.07M | ﹤0.01% |
426,360
-41,907
| -9% | -$149K |
|
|
PCH
2908
DELISTED
PotlatchDeltic
PCH
| $1.07M | ﹤0.01% |
23,504
+5,040
| +27% | +$249K |
|
|
EEX
2909
DELISTED
Emerald Holding
EEX
| $1.07M | ﹤0.01% |
235,799
+7,521
| +3% | +$31.9K |
|
2910
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.06M | ﹤0.01% |
2
| – | – |
|
|
SII
2911
Sprott
SII
$2.73B
| $1.06M | ﹤0.01% |
34,883
+5,389
| +18% | +$177K |
|
|
CCRD
2912
DELISTED
CoreCard
CCRD
| $1.06M | ﹤0.01% |
53,138
-1,403
| -3% | -$31.3K |
|
|
SPR
2913
DELISTED
Spirit AeroSystems
SPR
| $1.06M | ﹤0.01% |
65,475
-93,624
| -59% | -$2.15M |
|
2914
Purple Innovation
PRPL
$35.7M
| $1.04M | ﹤0.01% |
24,258
-9,063
| -27% | -$565K |
|
|
PHLT
2915
DELISTED
Performant Healthcare Inc
PHLT
| $1.04M | ﹤0.01% |
458,680
-47,813
| -9% | -$121K |
|
|
AHT
2916
Ashford Hospitality Trust
AHT
$20.9M
| $1.03M | ﹤0.01% |
43,278
+4,049
| +10% | +$128K |
|
2917
Data I/O
DAIO
$31.5M
| $1.03M | ﹤0.01% |
270,198
+530
| +0.2% | +$2.15K |
|
|
NIU
2918
Niu Technologies
NIU
$208M
| $1.03M | ﹤0.01% |
363,302
+114
| +0% | +$397 |
|
2919
Apyx Medical
APYX
$163M
| $1.03M | ﹤0.01% |
321,326
-40,491
| -11% | -$189K |
|
|
FARM
2920
DELISTED
Farmer Brothers
FARM
| $1.03M | ﹤0.01% |
397,336
-87,521
| -18% | -$229K |
|
2921
Barnes & Noble Education
BNED
$451M
| $1.02M | ﹤0.01% |
9,387
-4,809
| -34% | -$651K |
|
2922
Ceragon Networks
CRNT
$195M
| $1.02M | ﹤0.01% |
497,196
| – | – |
|
|
ACCS
2923
ACCESS Newswire
ACCS
$29.1M
| $1.02M | ﹤0.01% |
54,154
-264
| -0.5% | -$5.33K |
|
2924
Stoke Therapeutics
STOK
$1.83B
| $1.02M | ﹤0.01% |
258,422
-81,723
| -24% | -$537K |
|
2925
Franklin Financial Services
FRAF
$288M
| $1.01M | ﹤0.01% |
35,321
+3,863
| +12% | +$112K |
|
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.