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 | |
|---|---|---|---|---|---|---|
3301
Rallybio
RLYB
$85.8M
| $111K | ﹤0.01% |
4,100
-176
| -4% | -$7.62K |
|
|
LYRA
3302
DELISTED
LYRA THERAPEUTICS INC
LYRA
| $110K | ﹤0.01% |
+565
| New | +$101K |
|
3303
Backblaze
BLZE
$724M
| $109K | ﹤0.01% |
19,905
+5,507
| +38% | +$29.9K |
|
|
DNMR
3304
DELISTED
Danimer Scientific, Inc.
DNMR
| $109K | ﹤0.01% |
1,311
+15
| +1% | +$1.36K |
|
|
HUT
3305
Hut 8
HUT
$11.4B
| $108K | ﹤0.01% |
+11,111
| New | +$158K |
|
3306
KALA BIO
KALA
$12.3M
| $108K | ﹤0.01% |
242
-87
| -26% | -$57.1K |
|
|
GTHX
3307
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $107K | ﹤0.01% |
74,408
-8,843
| -11% | -$17.1K |
|
3308
US Gold Corp
USAU
$209M
| $107K | ﹤0.01% |
34,408
-6,647
| -16% | -$26.2K |
|
3309
Wheels Up
UP
$200M
| $107K | ﹤0.01% |
2,574
-915
| -26% | -$36.9K |
|
|
TAIT
3310
DELISTED
Taitron Components
TAIT
| $105K | ﹤0.01% |
29,669
-12,497
| -30% | -$47.5K |
|
3311
Educational Development Corp
EDUC
$12.2M
| $103K | ﹤0.01% |
97,014
-34,193
| -26% | -$48.6K |
|
3312
Clover Health Investments
CLOV
$2.28B
| $102K | ﹤0.01% |
94,128
-20,131
| -18% | -$23.9K |
|
3313
Neuronetics
STIM
$130M
| $100K | ﹤0.01% |
74,413
-210,638
| -74% | -$369K |
|
|
NVNO
3314
enVVeno Medical
NVNO
$6.94M
| $98.7K | ﹤0.01% |
523
| – | – |
|
|
BMTX
3315
DELISTED
BM Technologies, Inc.
BMTX
| $98.1K | ﹤0.01% |
49,062
-97,088
| -66% | -$238K |
|
3316
Usio Inc
USIO
$53.8M
| $97.7K | ﹤0.01% |
55,841
-15,674
| -22% | -$26.6K |
|
3317
PureCycle Technologies
PCT
$1.24B
| $97.1K | ﹤0.01% |
+17,304
| New | +$162K |
|
3318
Dominari Holdings
DOMH
$54.5M
| $95.4K | ﹤0.01% |
39,589
-18,416
| -32% | -$52.1K |
|
|
UBX
3319
DELISTED
Unity Biotechnology
UBX
| $95.3K | ﹤0.01% |
39,719
-21,228
| -35% | -$56.2K |
|
|
LNAI
3320
Lunai Bioworks
LNAI
$10.2M
| $94.8K | ﹤0.01% |
265
+106
| +67% | +$16.1K |
|
|
SLI
3321
Standard Lithium
SLI
$493M
| $94.6K | ﹤0.01% |
33,429
| – | – |
|
3322
Nortech Systems
NSYS
$40.4M
| $94.3K | ﹤0.01% |
10,138
| – | – |
|
3323
CPS Technologies
CPSH
$72.8M
| $93.4K | ﹤0.01% |
33,581
| – | – |
|
3324
Marker Therapeutics
MRKR
$19.7M
| $93.3K | ﹤0.01% |
+20,278
| New | +$113K |
|
3325
QuickLogic
QUIK
$217M
| $93.2K | ﹤0.01% |
10,842
| – | – |
|
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.