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 | |
|---|---|---|---|---|---|---|
2926
Global Water Resources
GWRS
$215M
| $1M | ﹤0.01% |
102,847
+9,029
| +10% | +$106K |
|
2927
Edgewise Therapeutics
EWTX
$4.23B
| $1M | ﹤0.01% |
174,921
+101,863
| +139% | +$692K |
|
2928
Aura Biosciences
AURA
$715M
| $1M | ﹤0.01% |
111,540
+71,520
| +179% | +$769K |
|
2929
Dimensional World Equity ETF
DFAW
$1.54B
| $992K | ﹤0.01% |
+20,000
| New | +$993K |
|
|
APLS
2930
DELISTED
Apellis Pharmaceuticals
APLS
| $992K | ﹤0.01% |
26,067
-105,720
| -80% | -$4.64M |
|
|
ALYA
2931
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $986K | ﹤0.01% |
653,091
-105,442
| -14% | -$189K |
|
2932
Pliant Therapeutics
PLRX
$65.6M
| $982K | ﹤0.01% |
56,652
-74,059
| -57% | -$1.28M |
|
2933
Noodles & Co
NDLS
$90.5M
| $972K | ﹤0.01% |
49,397
-30,091
| -38% | -$725K |
|
2934
Ecopetrol
EC
$33.4B
| $971K | ﹤0.01% |
83,828
-14,722
| -15% | -$169K |
|
|
BRDG
2935
DELISTED
Bridge Investment Group
BRDG
| $970K | ﹤0.01% |
105,388
+48,645
| +86% | +$537K |
|
|
SOHU
2936
Sohu.com
SOHU
$348M
| $965K | ﹤0.01% |
102,411
-2,118
| -2% | -$22.9K |
|
2937
Richmond Mutual Bancorp
RMBI
$249M
| $964K | ﹤0.01% |
86,444
+5,447
| +7% | +$62K |
|
2938
Actinium Pharmaceuticals
ATNM
$26.5M
| $964K | ﹤0.01% |
162,769
-17,376
| -10% | -$116K |
|
2939
Eagle Bancorp Montana
EBMT
$192M
| $957K | ﹤0.01% |
80,975
-6,149
| -7% | -$78.9K |
|
|
TPIC
2940
DELISTED
TPI Composites
TPIC
| $952K | ﹤0.01% |
359,243
-490,089
| -58% | -$3M |
|
2941
Excelerate Energy
EE
$1.18B
| $942K | ﹤0.01% |
+55,296
| New | +$1.08M |
|
2942
Bionano Genomics
BNGO
$12.4M
| $937K | ﹤0.01% |
5,156
+5,130
| +19,731% | +$1.34M |
|
2943
Optical Cable Corp
OCC
$113M
| $936K | ﹤0.01% |
312,885
-8,409
| -3% | -$30.2K |
|
2944
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.83B
| $932K | ﹤0.01% |
43,980
+3,623
| +9% | +$87K |
|
2945
Virginia National Bankshares
VABK
$248M
| $930K | ﹤0.01% |
30,595
+2,264
| +8% | +$77.3K |
|
|
PSTX
2946
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $920K | ﹤0.01% |
386,262
-314,264
| -45% | -$659K |
|
2947
Pro-Dex
PDEX
$179M
| $909K | ﹤0.01% |
57,875
| – | – |
|
2948
Larimar Therapeutics
LRMR
$378M
| $888K | ﹤0.01% |
224,226
-94,683
| -30% | -$358K |
|
2949
RxSight
RXST
$257M
| $884K | ﹤0.01% |
31,711
| – | – |
|
2950
Full House Resorts
FLL
$84.5M
| $874K | ﹤0.01% |
204,710
-46,814
| -19% | -$256K |
|
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.