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 | |
|---|---|---|---|---|---|---|
3251
One Stop Systems
OSS
$297M
| $171 | ﹤0.01% |
56,662
+706
| +1% | +$2.2K |
|
|
SNCR
3252
DELISTED
Synchronoss Technologies
SNCR
| $169 | ﹤0.01% |
30,385
-2,440
| -7% | -$20.1K |
|
3253
Cricut
CRCT
$976M
| $168 | ﹤0.01% |
18,107
+15
| +0.1% | +$139 |
|
|
RAD
3254
DELISTED
Rite Aid Corporation
RAD
| $167 | ﹤0.01% |
49,917
-35,123
| -41% | -$167K |
|
|
CMCM
3255
Cheetah Mobile
CMCM
$88.5M
| $166 | ﹤0.01% |
90,702
-65,641
| -42% | -$126K |
|
3256
Zedge
ZDGE
$38.8M
| $166 | ﹤0.01% |
94,327
| – | – |
|
|
SURF
3257
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $166 | ﹤0.01% |
202,064
| – | – |
|
|
LENZ
3258
LENZ Therapeutics
LENZ
$181M
| $164 | ﹤0.01% |
7,046
+5,524
| +363% | +$128K |
|
|
SALM
3259
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $163 | ﹤0.01% |
155,480
-13,782
| -8% | -$20.3K |
|
3260
Cosan
CSAN
$3.12B
| $162 | ﹤0.01% |
12,428
+551
| +5% | +$7.09K |
|
3261
Precigen
PGEN
$2.12B
| $162 | ﹤0.01% |
107,100
| – | – |
|
|
SPPI
3262
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $162 | ﹤0.01% |
439,723
| – | – |
|
3263
Clover Health Investments
CLOV
$2.29B
| $160 | ﹤0.01% |
173,185
-234,349
| -58% | -$313K |
|
3264
KORU Medical Systems
KRMD
$189M
| $160 | ﹤0.01% |
44,685
+24
| +0.1% | +$66 |
|
3265
Natural Health Trends
NHTC
$14.4M
| $160 | ﹤0.01% |
47,205
| – | – |
|
3266
Barnwell Industries
BRN
$13.9M
| $159 | ﹤0.01% |
53,704
| – | – |
|
3267
Socket Mobile
SCKT
$3.67M
| $158 | ﹤0.01% |
81,485
-190
| -0.2% | -$383 |
|
3268
Petco
WOOF
$794M
| $157 | ﹤0.01% |
16,607
-756
| -4% | -$7.75K |
|
3269
Exagen
XGN
$113M
| $157 | ﹤0.01% |
65,257
-5,254
| -7% | -$13.5K |
|
3270
Neonode
NEON
$13.4M
| $156 | ﹤0.01% |
28,402
| – | – |
|
3271
Taylor Devices
TAYD
$168M
| $156 | ﹤0.01% |
11,012
+715
| +7% | +$8.67K |
|
|
ZEPP
3272
Zepp Health
ZEPP
$64.8M
| $156 | ﹤0.01% |
26,854
-19,801
| -42% | -$106K |
|
3273
MediciNova
MNOV
$66M
| $153 | ﹤0.01% |
75,005
+28,906
| +63% | +$63.8K |
|
|
AEY
3274
DELISTED
ADDvantage Technologies Group
AEY
| $152 | ﹤0.01% |
10,536
| – | – |
|
3275
Sypris Solutions
SYPR
$44.2M
| $151 | ﹤0.01% |
74,870
+13,389
| +22% | +$27.9K |
|
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.