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 | |
|---|---|---|---|---|---|---|
3001
Melco Resorts & Entertainment
MLCO
$2.19B
| $669K | ﹤0.01% |
67,618
-1
| -0% | -$12 |
|
3002
United-Guardian
UG
$33.7M
| $668K | ﹤0.01% |
88,754
-10,785
| -11% | -$84K |
|
3003
Sundial Growers
SNDL
$318M
| $667K | ﹤0.01% |
351,086
-5,053
| -1% | -$8.5K |
|
3004
Genasys
GNSS
$77M
| $667K | ﹤0.01% |
331,649
+18,222
| +6% | +$54.2K |
|
3005
1stdibs.com
DIBS
$146M
| $664K | ﹤0.01% |
182,359
-70,110
| -28% | -$280K |
|
3006
Bioceres Crop Solutions
BIOX
$20.6M
| $655K | ﹤0.01% |
57,972
+1,519
| +3% | +$18.2K |
|
3007
RF Industries
RFIL
$122M
| $652K | ﹤0.01% |
216,697
-148,187
| -41% | -$542K |
|
3008
Fidelity D&D Bancorp
FDBC
$308M
| $650K | ﹤0.01% |
14,323
| – | – |
|
3009
Dakota Gold
DC
$629M
| $649K | ﹤0.01% |
251,429
+8,262
| +3% | +$23.5K |
|
3010
Digimarc Corp
DMRC
$145M
| $647K | ﹤0.01% |
19,917
| – | – |
|
3011
ALX Oncology
ALXO
$268M
| $647K | ﹤0.01% |
134,739
+45,367
| +51% | +$246K |
|
3012
Rocky Mountain Chocolate Factory
RMCF
$8.29M
| $645K | ﹤0.01% |
134,345
-2,502
| -2% | -$13.3K |
|
|
TRT
3013
Trio-Tech International
TRT
$99.6M
| $641K | ﹤0.01% |
183,082
-3,718
| -2% | -$11.3K |
|
3014
SK Telecom
SKM
$11.8B
| $641K | ﹤0.01% |
29,855
+355
| +1% | +$7.11K |
|
3015
Ramaco Resources Class B
METCB
$443M
| $637K | ﹤0.01% |
57,605
+56
| +0.1% | +$626 |
|
|
SVT
3016
DELISTED
Servotronics
SVT
| $631K | ﹤0.01% |
57,335
| – | – |
|
3017
Union Bankshares
UNB
$108M
| $627K | ﹤0.01% |
28,010
| – | – |
|
3018
Savara
SVRA
$1.09B
| $620K | ﹤0.01% |
164,146
| – | – |
|
|
RPTX
3019
DELISTED
Repare Therapeutics
RPTX
| $619K | ﹤0.01% |
51,235
-3,607
| -7% | -$37.2K |
|
3020
Theravance Biopharma
TBPH
$875M
| $617K | ﹤0.01% |
71,620
+16
| +0% | +$154 |
|
|
SLNO
3021
DELISTED
Soleno Therapeutics
SLNO
| $612K | ﹤0.01% |
20,754
-4,212
| -17% | -$25.5K |
|
3022
Adtran
ADTN
$730M
| $593K | ﹤0.01% |
72,113
-552,888
| -88% | -$4.91M |
|
3023
Vivid Seats
SEAT
$88.7M
| $587K | ﹤0.01% |
+4,574
| New | +$674K |
|
|
MIXT
3024
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $584K | ﹤0.01% |
105,891
-15
| -0% | -$96 |
|
|
QVCGA
3025
DELISTED
QVC Group Inc Series A
QVCGA
| $579K | ﹤0.01% |
19,095
-9,892
| -34% | -$417K |
|
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.