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 | |
|---|---|---|---|---|---|---|
|
BNR
3376
Burning Rock Biotech
BNR
$96.9M
| $53.3K | ﹤0.01% |
5,497
-593
| -10% | -$9.26K |
|
|
AFMD
3377
DELISTED
Affimed
AFMD
| $52.5K | ﹤0.01% |
10,991
-379
| -3% | -$2.09K |
|
|
WHLM
3378
DELISTED
Wilhelmina International, Inc
WHLM
| $52.5K | ﹤0.01% |
14,457
| – | – |
|
|
LUMO
3379
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $51.4K | ﹤0.01% |
15,564
-4,525
| -23% | -$14.1K |
|
3380
SES AI
SES
$196M
| $49.9K | ﹤0.01% |
+21,972
| New | +$53.3K |
|
3381
Veritone
VERI
$96.7M
| $49.6K | ﹤0.01% |
19,244
+12
| +0.1% | +$40 |
|
3382
SurgePays
SURG
$6.03M
| $48.8K | ﹤0.01% |
+10,432
| New | +$54.1K |
|
|
PRPH
3383
DELISTED
ProPhase Labs
PRPH
| $48.2K | ﹤0.01% |
1,104
-1,380
| -56% | -$80.8K |
|
3384
Lineage Cell Therapeutics
LCTX
$267M
| $47.7K | ﹤0.01% |
40,449
| – | – |
|
|
NBP
3385
NovaBridge Biosciences American Depositary Shares
NBP
$202M
| $47.7K | ﹤0.01% |
36,123
| – | – |
|
3386
Abeona Therapeutics
ABEO
$343M
| $47.1K | ﹤0.01% |
11,196
-1,795
| -14% | -$6.79K |
|
3387
Electro-Sensors
ELSE
$27.3M
| $45.6K | ﹤0.01% |
11,461
| – | – |
|
|
VTNR
3388
DELISTED
Vertex Energy, Inc
VTNR
| $45.3K | ﹤0.01% |
+10,188
| New | +$52.3K |
|
3389
Goldgroup Mining Inc.
GORO
$152M
| $44K | ﹤0.01% |
102,935
-276,182
| -73% | -$148K |
|
3390
Intellicheck
IDN
$73.7M
| $43.8K | ﹤0.01% |
19,751
| – | – |
|
3391
DiaMedica Therapeutics
DMAC
$358M
| $43.8K | ﹤0.01% |
16,959
| – | – |
|
|
OMGA
3392
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $41.9K | ﹤0.01% |
19,505
-3,239
| -14% | -$12.9K |
|
|
BFX
3393
DELISTED
BowFlex Inc.
BFX
| $41.5K | ﹤0.01% |
49,009
-288,094
| -85% | -$284K |
|
3394
One Stop Systems
OSS
$291M
| $41.2K | ﹤0.01% |
22,257
-52,767
| -70% | -$123K |
|
3395
Immix Biopharma
IMMX
$601M
| $40.7K | ﹤0.01% |
11,915
+4
| +0% | +$9 |
|
3396
Trevi Therapeutics
TRVI
$2.62B
| $40.1K | ﹤0.01% |
+18,382
| New | +$41.5K |
|
3397
Absci
ABSI
$1.21B
| $40K | ﹤0.01% |
30,315
-8,884
| -23% | -$15.6K |
|
3398
Coffee Holding Co
JVA
$19.4M
| $39K | ﹤0.01% |
45,084
-19,020
| -30% | -$24.4K |
|
3399
Ocular Therapeutix
OCUL
$1.85B
| $38.9K | ﹤0.01% |
12,389
-11,930
| -49% | -$48.8K |
|
|
GP
3400
GreenPower Motor Co
GP
$10.6M
| $38.7K | ﹤0.01% |
+1,230
| New | +$45.8K |
|
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.