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 | |
|---|---|---|---|---|---|---|
|
ALEX
3001
DELISTED
Alexander & Baldwin
ALEX
| $616 | ﹤0.01% |
32,925
-1,327
| -4% | -$25.1K |
|
|
DALN
3002
DELISTED
DallasNews
DALN
| $614 | ﹤0.01% |
159,675
-6,063
| -4% | -$27.6K |
|
3003
NetSol Technologies
NTWK
$51.2M
| $612 | ﹤0.01% |
214,519
+273
| +0.1% | +$844 |
|
|
APEN
3004
DELISTED
Apollo Endosurgery, Inc.
APEN
| $611 | ﹤0.01% |
61,247
-5,142
| -8% | -$38.3K |
|
3005
Pegasystems
PEGA
$5.02B
| $601 | ﹤0.01% |
35,076
-13,254
| -27% | -$229K |
|
3006
First Guaranty Bancshares
FGBI
$159M
| $592 | ﹤0.01% |
25,267
+4
| +0% | +$93 |
|
|
YMAB
3007
DELISTED
Y-mAbs Therapeutics
YMAB
| $592 | ﹤0.01% |
121,136
-11,475
| -9% | -$83.4K |
|
|
XOMA
3008
DELISTED
Xoma
XOMA
| $591 | ﹤0.01% |
32,147
+4
| +0% | +$73 |
|
|
WTT
3009
DELISTED
Wireless Telecom Group, Inc.
WTT
| $590 | ﹤0.01% |
329,737
| – | – |
|
|
RDIB
3010
Reading International Class B
RDIB
| $586 | ﹤0.01% |
29,534
| – | – |
|
|
ONEM
3011
DELISTED
1Life Healthcare
ONEM
| $583 | ﹤0.01% |
34,914
-1,631
| -4% | -$27.6K |
|
3012
Nuvation Bio
NUVB
$2.2B
| $581 | ﹤0.01% |
302,868
-6,810
| -2% | -$13.8K |
|
3013
PTC Therapeutics
PTCT
$5.64B
| $575 | ﹤0.01% |
15,061
-532
| -3% | -$22.1K |
|
3014
Canadian Solar
CSIQ
$1.02B
| $573 | ﹤0.01% |
18,544
+1,098
| +6% | +$36.9K |
|
|
RJET
3015
Republic Airways Holdings
RJET
$967M
| $572 | ﹤0.01% |
24,970
-22,178
| -47% | -$453K |
|
3016
CPI Card Group
PMTS
$242M
| $571 | ﹤0.01% |
15,806
+5,644
| +56% | +$138K |
|
3017
Caledonia Mining Corp
CMCL
$355M
| $564 | ﹤0.01% |
45,513
+3,463
| +8% | +$38.3K |
|
3018
Educational Development Corp
EDUC
$11.8M
| $558 | ﹤0.01% |
176,490
+115
| +0.1% | +$316 |
|
|
FLNT
3019
Fluent
FLNT
$102M
| $557 | ﹤0.01% |
84,999
-433
| -0.5% | -$3.18K |
|
|
OPOF
3020
DELISTED
Old Point Financial
OPOF
| $556 | ﹤0.01% |
20,653
+82
| +0.4% | +$2.08K |
|
3021
Avita Medical
RCEL
$135M
| $555 | ﹤0.01% |
84,015
+34,778
| +71% | +$208K |
|
3022
Sea Limited
SE
$65.4B
| $552 | ﹤0.01% |
10,613
+178
| +2% | +$9.59K |
|
3023
TPG
TPG
$7.01B
| $552 | ﹤0.01% |
19,846
+1,403
| +8% | +$44.2K |
|
3024
Champions Oncology
CSBR
$74.5M
| $550 | ﹤0.01% |
121,805
| – | – |
|
|
SFIX
3025
Stitch Fix
SFIX
$536M
| $549 | ﹤0.01% |
176,414
-3,429
| -2% | -$12.8K |
|
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.