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 | |
|---|---|---|---|---|---|---|
|
SSBK
3051
DELISTED
Southern States Bancshares
SSBK
| $467K | ﹤0.01% |
20,652
+5,269
| +34% | +$121K |
|
|
STKL
3052
DELISTED
SunOpta
STKL
| $466K | ﹤0.01% |
138,386
-46,097
| -25% | -$231K |
|
3053
Outdoor Holding Co
POWW
$256M
| $466K | ﹤0.01% |
230,536
+137,883
| +149% | +$289K |
|
3054
CPI Aerostructures
CVU
$66M
| $465K | ﹤0.01% |
139,338
| – | – |
|
3055
Taylor Devices
TAYD
$180M
| $464K | ﹤0.01% |
21,773
+300
| +1% | +$6.73K |
|
3056
Envela
ELA
$555M
| $462K | ﹤0.01% |
97,513
+13,506
| +16% | +$81.6K |
|
|
CPAC
3057
Cementos Pacasmayo
CPAC
$1.04B
| $460K | ﹤0.01% |
89,309
-7,158
| -7% | -$37.7K |
|
|
THRN
3058
DELISTED
Thorne Healthtech, Inc. Common Stock
THRN
| $459K | ﹤0.01% |
45,062
-9,879
| -18% | -$75.2K |
|
3059
Perimeter Solutions
PRM
$5.69B
| $457K | ﹤0.01% |
+100,671
| New | +$561K |
|
3060
Kentucky First Federal Bancorp
KFFB
$43.3M
| $457K | ﹤0.01% |
88,904
-10,174
| -10% | -$58.9K |
|
3061
FTAI Infrastructure
FIP
$482M
| $457K | ﹤0.01% |
+141,824
| New | +$490K |
|
3062
Intercorp Financial Services
IFS
$6.44B
| $456K | ﹤0.01% |
20,230
-1,197
| -6% | -$28.7K |
|
3063
Grupo SIMEC
SIM
$4.37B
| $453K | ﹤0.01% |
14,058
| – | – |
|
3064
HighPeak Energy
HPK
$812M
| $451K | ﹤0.01% |
+26,707
| New | +$388K |
|
|
TERN
3065
DELISTED
Terns Pharmaceuticals
TERN
| $446K | ﹤0.01% |
88,712
-149,652
| -63% | -$950K |
|
3066
Tenaya Therapeutics
TNYA
$164M
| $446K | ﹤0.01% |
174,765
+109,145
| +166% | +$457K |
|
3067
The Honest Company
HNST
$421M
| $445K | ﹤0.01% |
353,442
-403,837
| -53% | -$592K |
|
|
RDIB
3068
Reading International Class B
RDIB
$195M
| $445K | ﹤0.01% |
25,731
-2,435
| -9% | -$47.7K |
|
3069
BioAtla
BCAB
$5.86M
| $441K | ﹤0.01% |
5,184
+4,545
| +711% | +$579K |
|
3070
TIM SA
TIMB
$9.45B
| $439K | ﹤0.01% |
29,530
+206
| +0.7% | +$3.08K |
|
|
ADVM
3071
DELISTED
Adverum Biotechnologies
ADVM
| $439K | ﹤0.01% |
29,247
+10,835
| +59% | +$195K |
|
3072
LGL Group
LGL
$44.8M
| $437K | ﹤0.01% |
101,906
| – | – |
|
3073
GCM Grosvenor
GCMG
$745M
| $434K | ﹤0.01% |
55,872
-6,130
| -10% | -$47.6K |
|
|
EGIO
3074
DELISTED
Edgio, Inc. Common Stock
EGIO
| $429K | ﹤0.01% |
12,608
-15,333
| -55% | -$480K |
|
|
TVRD
3075
Tvardi Therapeutics
TVRD
$22.9M
| $424K | ﹤0.01% |
7,014
-4,182
| -37% | -$392K |
|
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.