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 | |
|---|---|---|---|---|---|---|
3026
Itaú Unibanco
ITUB
$93.2B
| $548 | ﹤0.01% |
131,980
+11,978
| +10% | +$54.4K |
|
|
UNAM
3027
DELISTED
Unico American Corp
UNAM
| $544 | ﹤0.01% |
338,077
| – | – |
|
|
CPAC
3028
Cementos Pacasmayo
CPAC
$1.01B
| $537 | ﹤0.01% |
104,137
-4,475
| -4% | -$23.5K |
|
3029
Hennessy Advisors
HNNA
$77.7M
| $527 | ﹤0.01% |
62,592
| – | – |
|
|
TOUR
3030
Tuniu
TOUR
$53.9M
| $522 | ﹤0.01% |
34,449
-911
| -3% | -$10K |
|
|
SFBC
3031
Sound Financial Bancorp
SFBC
$112M
| $516 | ﹤0.01% |
12,751
| – | – |
|
3032
Wayfair
W
$11.2B
| $504 | ﹤0.01% |
15,339
-13,352
| -47% | -$466K |
|
3033
Mexco Energy
MXC
$17.8M
| $503 | ﹤0.01% |
40,321
+957
| +2% | +$14.2K |
|
3034
HF Foods Group
HFFG
$80.2M
| $500 | ﹤0.01% |
123,164
+3,057
| +3% | +$12.9K |
|
3035
First Capital
FCAP
$212M
| $499 | ﹤0.01% |
20,008
+75
| +0.4% | +$1.84K |
|
3036
Telesat
TSAT
$567M
| $497 | ﹤0.01% |
66,376
-49,551
| -43% | -$385K |
|
3037
GitLab
GTLB
$5.83B
| $494 | ﹤0.01% |
10,871
+257
| +2% | +$11.6K |
|
3038
Broadwind
BWEN
$93.6M
| $490 | ﹤0.01% |
274,084
+15,811
| +6% | +$29.8K |
|
3039
Intercorp Financial Services
IFS
$6.48B
| $489 | ﹤0.01% |
20,787
-138
| -0.7% | -$3.2K |
|
|
MFGP
3040
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $487 | ﹤0.01% |
77,251
-27,102
| -26% | -$165K |
|
|
OLPX
3041
DELISTED
Olaplex Holdings
OLPX
| $482 | ﹤0.01% |
+92,619
| New | +$550K |
|
3042
Grupo SIMEC
SIM
$4.4B
| $476 | ﹤0.01% |
14,058
| – | – |
|
3043
Rapid7
RPD
$645M
| $475 | ﹤0.01% |
13,967
-281
| -2% | -$10K |
|
3044
SK Telecom
SKM
$12.1B
| $475 | ﹤0.01% |
23,065
+12,864
| +126% | +$261K |
|
|
CURO
3045
DELISTED
CURO Group Holdings Corp.
CURO
| $469 | ﹤0.01% |
132,281
-27,819
| -17% | -$106K |
|
3046
Lyell Immunopharma
LYEL
$317M
| $467 | ﹤0.01% |
6,730
+766
| +13% | +$76.1K |
|
|
BKSC
3047
DELISTED
Bank of South Carolina
BKSC
| $467 | ﹤0.01% |
28,485
| – | – |
|
3048
American Shared Hospital Services
AMS
$9.94M
| $465 | ﹤0.01% |
158,681
+5,899
| +4% | +$16.3K |
|
3049
NextCure
NXTC
$16.8M
| $464 | ﹤0.01% |
27,428
-12,627
| -32% | -$290K |
|
|
API
3050
Agora
API
$338M
| $456 | ﹤0.01% |
116,808
-897
| -0.8% | -$2.96K |
|
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.