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 | |
|---|---|---|---|---|---|---|
3201
VirTra
VTSI
$33.9M
| $221K | ﹤0.01% |
39,643
+9,353
| +31% | +$63.5K |
|
3202
Adicet Bio
ACET
$76.7M
| $221K | ﹤0.01% |
10,057
-10,500
| -51% | -$371K |
|
3203
Cosan
CSAN
$3.07B
| $215K | ﹤0.01% |
15,816
+3,552
| +29% | +$54.2K |
|
3204
Annovis Bio
ANVS
$71.9M
| $214K | ﹤0.01% |
22,586
-2,665
| -11% | -$33K |
|
3205
Stereotaxis
STXS
$128M
| $214K | ﹤0.01% |
135,238
-948
| -0.7% | -$1.52K |
|
3206
Smith Micro Software
SMSI
$14M
| $212K | ﹤0.01% |
4,384
-90
| -2% | -$4.72K |
|
3207
Groupon
GRPN
$1.07B
| $211K | ﹤0.01% |
13,803
| – | – |
|
3208
Orange County Bancorp
OBT
$521M
| $211K | ﹤0.01% |
+9,764
| New | +$213K |
|
3209
Marchex
MCHX
$79.3M
| $209K | ﹤0.01% |
144,254
-48,896
| -25% | -$86.1K |
|
3210
Crescent Energy
CRGY
$3.44B
| $206K | ﹤0.01% |
16,279
+195
| +1% | +$2.39K |
|
|
KWY
3211
Kingsway Corp
KWY
$265M
| $205K | ﹤0.01% |
27,095
+1,261
| +5% | +$10.5K |
|
3212
Gevo
GEVO
$363M
| $204K | ﹤0.01% |
171,407
| – | – |
|
3213
Lightbridge
LTBR
$259M
| $203K | ﹤0.01% |
45,267
+4
| +0% | +$21 |
|
|
DALN
3214
DELISTED
DallasNews
DALN
| $203K | ﹤0.01% |
44,174
-59,020
| -57% | -$258K |
|
3215
Lindblad Expeditions
LIND
$1.95B
| $201K | ﹤0.01% |
27,909
-7,047
| -20% | -$67.1K |
|
|
SILK
3216
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $201K | ﹤0.01% |
13,384
-28,682
| -68% | -$597K |
|
|
RJET
3217
Republic Airways Holdings
RJET
$863M
| $201K | ﹤0.01% |
15,556
-10,830
| -41% | -$281K |
|
3218
IRIDEX
IRIX
$15.3M
| $200K | ﹤0.01% |
78,768
-103,752
| -57% | -$197K |
|
3219
Stevanato
STVN
$5.5B
| $200K | ﹤0.01% |
6,731
| – | – |
|
|
PPSI
3220
Pioneer Power Solutions
PPSI
$32.2M
| $199K | ﹤0.01% |
31,860
+9,027
| +40% | +$63.3K |
|
3221
DarioHealth
DRIO
$54.8M
| $197K | ﹤0.01% |
3,007
| – | – |
|
3222
Corbus Pharmaceuticals
CRBP
$168M
| $197K | ﹤0.01% |
29,223
-2,377
| -8% | -$16.5K |
|
3223
Rackspace Technology
RXT
$967M
| $197K | ﹤0.01% |
83,791
-76,928
| -48% | -$175K |
|
|
AXIA.PR
3224
DELISTED
AXIA Energia American Depositary Shares Preferred Class B1
AXIA.PR
| $196K | ﹤0.01% |
24,031
| – | – |
|
|
VIA
3225
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $194K | ﹤0.01% |
26,712
-8,307
| -24% | -$68.4K |
|
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.