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 | |
|---|---|---|---|---|---|---|
3076
SkyWater Technology
SKYT
$1.53B
| $421K | ﹤0.01% |
69,889
-16,826
| -19% | -$128K |
|
3077
CVD Equipment Corp
CVV
$46.7M
| $420K | ﹤0.01% |
61,294
| – | – |
|
3078
Hennessy Advisors
HNNA
$78.8M
| $416K | ﹤0.01% |
61,109
-1,483
| -2% | -$10.4K |
|
|
PFIE
3079
DELISTED
Profire Energy, Inc
PFIE
| $414K | ﹤0.01% |
+148,853
| New | +$302K |
|
|
TOUR
3080
Tuniu
TOUR
$56.9M
| $413K | ﹤0.01% |
34,449
| – | – |
|
3081
AbCellera Biologics
ABCL
$1.62B
| $411K | ﹤0.01% |
89,375
+1,308
| +1% | +$7.96K |
|
3082
American Shared Hospital Services
AMS
$10.5M
| $410K | ﹤0.01% |
166,056
| – | – |
|
3083
Woori Financial
WF
$15.9B
| $407K | ﹤0.01% |
14,850
+508
| +4% | +$13.7K |
|
|
AZUL
3084
DELISTED
Azul
AZUL
| $404K | ﹤0.01% |
47,628
-5,390
| -10% | -$53.5K |
|
3085
Coda Octopus Group
CODA
$112M
| $404K | ﹤0.01% |
65,103
-1,747
| -3% | -$13.5K |
|
3086
Koss Corp
KOSS
$35.2M
| $403K | ﹤0.01% |
133,991
| – | – |
|
3087
J.W. Mays
MAYS
$78.7M
| $403K | ﹤0.01% |
8,503
| – | – |
|
|
ELP
3088
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $403K | ﹤0.01% |
57,656
-2
| -0% | -$14 |
|
3089
Nextpower Inc
NXT
$14.5B
| $401K | ﹤0.01% |
+9,991
| New | +$404K |
|
3090
EyePoint Inc
EYPT
$1B
| $400K | ﹤0.01% |
50,121
-9,743
| -16% | -$107K |
|
|
XOMA
3091
DELISTED
Xoma
XOMA
| $400K | ﹤0.01% |
28,376
-3,771
| -12% | -$59.1K |
|
|
OPOF
3092
DELISTED
Old Point Financial
OPOF
| $396K | ﹤0.01% |
21,679
| – | – |
|
3093
CKX Lands
CKX
$22.2M
| $392K | ﹤0.01% |
29,876
| – | – |
|
3094
Sea Limited
SE
$65.8B
| $390K | ﹤0.01% |
8,871
-1,258
| -12% | -$61.5K |
|
3095
Tilray
TLRY
$498M
| $387K | ﹤0.01% |
+16,211
| New | +$383K |
|
3096
Flotek Industries
FTK
$856M
| $385K | ﹤0.01% |
86,812
-44,215
| -34% | -$210K |
|
3097
Stem
STEM
$47.7M
| $381K | ﹤0.01% |
+4,498
| New | +$514K |
|
|
OKUR
3098
OnKure Therapeutics
OKUR
$160M
| $379K | ﹤0.01% |
4,983
-370
| -7% | -$25.2K |
|
3099
Vaalco Energy
EGY
$540M
| $376K | ﹤0.01% |
85,633
-109,532
| -56% | -$476K |
|
|
NXDR
3100
Nextdoor Holdings
NXDR
$877M
| $374K | ﹤0.01% |
205,660
+193,828
| +1,638% | +$480K |
|
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.