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 | |
|---|---|---|---|---|---|---|
451
Amdocs
DOX
$5.83B
| $162M | 0.05% |
1,912,921
+27,522
| +1% | +$2.49M |
|
452
Kimco Realty
KIM
$17.7B
| $161M | 0.05% |
9,170,477
+77,260
| +0.8% | +$1.5M |
|
453
Plexus
PLXS
$6.69B
| $161M | 0.05% |
1,733,698
-20,229
| -1% | -$1.96M |
|
|
454
Super Micro Computer
SMCI
$18.4B
| $161M | 0.05% |
5,862,620
-11,114,250
| -65% | -$310M |
|
455
Trane Technologies
TT
$104B
| $160M | 0.05% |
789,998
-309,148
| -28% | -$61.9M |
|
456
JB Hunt Transport Services
JBHT
$26.1B
| $160M | 0.05% |
849,854
+5,636
| +0.7% | +$1.08M |
|
457
Fabrinet
FN
$16.1B
| $160M | 0.05% |
960,908
-209,012
| -18% | -$29M |
|
458
Howard Hughes
HHH
$4B
| $160M | 0.05% |
2,264,313
+98,147
| +5% | +$7.41M |
|
459
Fidelity National Financial
FNF
$14.6B
| $160M | 0.05% |
3,869,471
-96,387
| -2% | -$3.86M |
|
460
Skyworks Solutions
SWKS
$9.73B
| $160M | 0.05% |
1,620,972
-12,901
| -0.8% | -$1.37M |
|
461
Molson Coors Class B
TAP
$7.97B
| $160M | 0.05% |
2,511,085
-355,196
| -12% | -$23.1M |
|
462
Jefferies Financial Group
JEF
$13.2B
| $160M | 0.05% |
4,354,233
+43,022
| +1% | +$1.54M |
|
463
Mueller Industries
MLI
$14.7B
| $159M | 0.05% |
8,466,304
+207,280
| +3% | +$4.1M |
|
464
Atkore
ATKR
$2.62B
| $159M | 0.05% |
1,063,594
+9,235
| +0.9% | +$1.39M |
|
465
Enpro
NPO
$6.63B
| $158M | 0.05% |
1,304,749
-10,556
| -0.8% | -$1.39M |
|
466
US Foods
USFD
$22.3B
| $158M | 0.05% |
3,979,906
-30,770
| -0.8% | -$1.28M |
|
|
GMS
467
DELISTED
GMS Inc
GMS
| $158M | 0.05% |
2,468,061
-41,627
| -2% | -$2.89M |
|
468
H.B. Fuller
FUL
$3.07B
| $158M | 0.05% |
2,296,558
+12,038
| +0.5% | +$850K |
|
469
Raymond James Financial
RJF
$34B
| $158M | 0.05% |
1,568,771
+134,608
| +9% | +$14.2M |
|
470
Fortive
FTV
$19.5B
| $157M | 0.05% |
2,817,027
+36,910
| +1% | +$2.12M |
|
471
Autodesk
ADSK
$50.1B
| $156M | 0.05% |
754,285
-7,817
| -1% | -$1.64M |
|
472
American Homes 4 Rent
AMH
$12.2B
| $156M | 0.05% |
4,631,745
+32,860
| +0.7% | +$1.18M |
|
473
News Corp Class A
NWSA
$15.3B
| $156M | 0.05% |
7,771,461
+5,059
| +0.1% | +$103K |
|
474
Timken Company
TKR
$9.72B
| $156M | 0.05% |
2,120,348
-124,355
| -6% | -$10.1M |
|
475
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $155M | 0.05% |
2,313,379
+467,320
| +25% | +$31.5M |
|
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.