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 | |
|---|---|---|---|---|---|---|
801
American Water Works
AWK
$26.7B
| $96K | 0.03% |
629,840
-6,740
| -1% | -$973K |
|
|
MZTI
802
The Marzetti Company
MZTI
$2.93B
| $95.8K | 0.03% |
485,499
+7,852
| +2% | +$1.49M |
|
803
C.H. Robinson
CHRW
$17.4B
| $95.8K | 0.03% |
1,045,835
-11,543
| -1% | -$1.1M |
|
804
Cincinnati Financial
CINF
$27.3B
| $95.6K | 0.03% |
933,512
-113,033
| -11% | -$11.6M |
|
|
GTLS
805
DELISTED
Chart Industries
GTLS
| $95.5K | 0.03% |
828,976
+6,738
| +0.8% | +$1.08M |
|
806
Brixmor Property Group
BRX
$9.67B
| $95.4K | 0.03% |
4,209,560
-91,696
| -2% | -$1.96M |
|
807
Take-Two Interactive
TTWO
$45.4B
| $95K | 0.03% |
912,536
+39,878
| +5% | +$4.32M |
|
808
Hormel Foods
HRL
$13.8B
| $94.9K | 0.03% |
2,083,709
+45,291
| +2% | +$2.11M |
|
809
Evercore
EVR
$12.4B
| $94.8K | 0.03% |
869,478
+3,628
| +0.4% | +$379K |
|
810
GXO Logistics
GXO
$5.77B
| $94.6K | 0.03% |
2,215,809
+135,263
| +7% | +$5.42M |
|
811
Robert Half
RHI
$3.87B
| $94.6K | 0.03% |
1,281,126
+59,854
| +5% | +$4.57M |
|
812
America Movil
AMX
$76.1B
| $94.5K | 0.03% |
5,193,866
+242,987
| +5% | +$4.49M |
|
813
Texas Roadhouse
TXRH
$13.5B
| $94.5K | 0.03% |
1,039,399
-99,799
| -9% | -$9.59M |
|
814
ESAB
ESAB
$5.38B
| $94.5K | 0.03% |
2,014,026
-4,368
| -0.2% | -$183K |
|
|
ATSG
815
DELISTED
Air Transport Services Group
ATSG
| $94.5K | 0.03% |
3,636,293
+266,062
| +8% | +$7.33M |
|
816
Digi International
DGII
$2.63B
| $94K | 0.03% |
2,572,518
+55,379
| +2% | +$2.13M |
|
|
BBT
817
Beacon Financial Corp
BBT
$2.66B
| $94K | 0.03% |
3,144,534
+66,766
| +2% | +$1.96M |
|
818
Gold Fields
GFI
$29B
| $93.9K | 0.03% |
9,069,965
-1,623,657
| -15% | -$15.7M |
|
819
Landstar System
LSTR
$5.93B
| $93.9K | 0.03% |
576,147
-5,657
| -1% | -$908K |
|
820
Granite Construction
GVA
$5.29B
| $93.8K | 0.03% |
2,674,753
+20,130
| +0.8% | +$659K |
|
821
Hanover Insurance
THG
$8.1B
| $93.6K | 0.03% |
692,532
-25,705
| -4% | -$3.59M |
|
822
Coca-Cola Consolidated
COKE
$12.5B
| $93.5K | 0.03% |
1,825,420
-82,260
| -4% | -$3.93M |
|
823
Watts Water Technologies
WTS
$11.5B
| $93.4K | 0.03% |
638,780
-5,541
| -0.9% | -$798K |
|
824
DT Midstream
DTM
$14.1B
| $93.3K | 0.03% |
1,689,090
+280,126
| +20% | +$16M |
|
825
Employers Holdings
EIG
$908M
| $93.3K | 0.03% |
2,162,352
-232
| -0% | -$9.55K |
|
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.