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 |
Prologis
PLD
|
+$275M |
| 2 |
U-Haul Holding Co Series N
UHAL.B
|
+$252M |
| 3 |
Apple
AAPL
|
+$127M |
| 4 |
FLG
Flagstar Bank National Association
FLG
|
+$122M |
| 5 |
Shell
SHEL
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$260M |
| 2 |
U-Haul Holding Co
UHAL
|
+$257M |
| 3 |
Walmart Inc
WMT
|
+$158M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$154M |
| 5 |
Antero Resources
AR
|
+$153M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.11% |
| 2 | Technology | 12.45% |
| 3 | Industrials | 10.99% |
| 4 | Healthcare | 9.96% |
| 5 | Consumer Discretionary | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2951
Rocky Mountain Chocolate Factory
RMCF
$7.93M
| $799 | ﹤0.01% |
140,170
-387
| -0.3% | -$2.39K |
|
|
JNCE
2952
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $793 | ﹤0.01% |
715,037
-291,609
| -29% | -$415K |
|
2953
Lexicon Pharmaceuticals
LXRX
$1.03B
| $788 | ﹤0.01% |
412,798
-50,390
| -11% | -$107K |
|
|
OGI
2954
Organigram Holdings
OGI
$132M
| $787 | ﹤0.01% |
245,914
-8,412
| -3% | -$31.6K |
|
2955
Krispy Kreme
DNUT
$548M
| $785 | ﹤0.01% |
76,103
-12,126
| -14% | -$165K |
|
2956
Golar LNG
GLNG
$5B
| $785 | ﹤0.01% |
34,429
| – | – |
|
2957
Pixelworks
PXLW
$38.2M
| $784 | ﹤0.01% |
36,926
-7,091
| -16% | -$127K |
|
|
RPTX
2958
DELISTED
Repare Therapeutics
RPTX
| $783 | ﹤0.01% |
53,185
+40,206
| +310% | +$601K |
|
|
IGMS
2959
DELISTED
IGM Biosciences
IGMS
| $777 | ﹤0.01% |
45,677
+8
| +0% | +$160 |
|
2960
Phillips Edison & Co
PECO
$5.46B
| $776 | ﹤0.01% |
24,366
-2,513
| -9% | -$77.3K |
|
2961
Melco Resorts & Entertainment
MLCO
$2.22B
| $775 | ﹤0.01% |
67,408
| – | – |
|
2962
Bloom Energy
BE
$60.6B
| $770 | ﹤0.01% |
40,298
-2,936
| -7% | -$57.7K |
|
2963
Smith Micro Software
SMSI
$14.5M
| $769 | ﹤0.01% |
9,136
-1,192
| -12% | -$104K |
|
2964
PDS Biotechnology
PDSB
$38.4M
| $768 | ﹤0.01% |
58,270
+27,889
| +92% | +$197K |
|
2965
Caribou Biosciences
CRBU
$145M
| $765 | ﹤0.01% |
+121,805
| New | +$1.08M |
|
2966
Aclaris Therapeutics
ACRS
$726M
| $756 | ﹤0.01% |
48,017
| – | – |
|
|
TGB
2967
Trekor Metals
TGB
$2.48B
| $750 | ﹤0.01% |
510,545
+7,249
| +1% | +$9.15K |
|
2968
Sundial Growers
SNDL
$320M
| $747 | ﹤0.01% |
357,794
-82,016
| -19% | -$195K |
|
|
MIXT
2969
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $745 | ﹤0.01% |
105,906
+19
| +0% | +$148 |
|
2970
Harte-Hanks
HHS
$16.2M
| $743 | ﹤0.01% |
63,551
+53,203
| +514% | +$589K |
|
2971
Milestone Pharmaceuticals
MIST
$138M
| $739 | ﹤0.01% |
186,725
+113,451
| +155% | +$597K |
|
2972
Biomea Fusion
BMEA
$84.6M
| $727 | ﹤0.01% |
86,202
+57,445
| +200% | +$490K |
|
2973
Kentucky First Federal Bancorp
KFFB
$44.2M
| $726 | ﹤0.01% |
107,032
| – | – |
|
|
ALPN
2974
DELISTED
Alpine Immune Sciences Inc
ALPN
| $725 | ﹤0.01% |
98,807
+47,437
| +92% | +$303K |
|
|
PATI
2975
DELISTED
Patriot Transportation Holding, Inc. Common Stock
PATI
| $725 | ﹤0.01% |
101,980
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q4 2022 Portfolio in Review
As of Q4 2022, Dimensional Fund Advisors held 3,580 positions worth $338M, down 100% from $260B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Dimensional Fund Advisors withdrew a net $2.24B in Q4 2022, closing 89 positions and reducing 1,331 holdings. Its most notable exit was Duke Realty Corp., an estimated $260M position sold in full.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
Against the trend, Dimensional Fund Advisors opened a new position in U-Haul Holding Co Series N worth $239K.
- Dimensional Fund Advisors's largest Q4 2022 buy was U-Haul Holding Co Series N: 4,345,763 shares worth $239K.
- Dimensional Fund Advisors added most to Prologis in Q4 2022, an estimated $275M increase.
- Dimensional Fund Advisors's biggest Q4 2022 reduction was U-Haul Holding Co, cutting an estimated $257M.
- Dimensional Fund Advisors fully exited Duke Realty Corp. in Q4 2022, selling an estimated $260M.
- Dimensional Fund Advisors's ten largest holdings make up 20% of its $338M portfolio in Q4 2022.
- Dimensional Fund Advisors opened 92 new positions and closed 89 in Q4 2022.
- Dimensional Fund Advisors's portfolio value fell 100% quarter-over-quarter to $338M.
Based on Dimensional Fund Advisors's 13F filing for Q4 2022, filed 9 Feb 2023.