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 | |
|---|---|---|---|---|---|---|
851
Bread Financial
BFH
$4.36B
| $93.8M | 0.03% |
2,743,814
+248,788
| +10% | +$9.12M |
|
852
WillScot Mobile Mini Holdings
WSC
$4.66B
| $93.7M | 0.03% |
2,252,353
+20,928
| +0.9% | +$921K |
|
853
East-West Bancorp
EWBC
$18B
| $93.6M | 0.03% |
1,776,259
+27,081
| +2% | +$1.52M |
|
854
AMN Healthcare
AMN
$1.35B
| $93.6M | 0.03% |
1,099,009
-45,518
| -4% | -$4.32M |
|
855
CNO Financial Group
CNO
$5B
| $93.4M | 0.03% |
3,935,749
+10,691
| +0.3% | +$257K |
|
|
AZEK
856
DELISTED
The AZEK Co
AZEK
| $93.4M | 0.03% |
3,140,048
-143,293
| -4% | -$4.5M |
|
|
ANSS
857
DELISTED
Ansys
ANSS
| $93.3M | 0.03% |
313,479
-624
| -0.2% | -$198K |
|
858
Alcoa
AA
$11.7B
| $93.2M | 0.03% |
3,207,917
-267,288
| -8% | -$8.38M |
|
859
Walker & Dunlop
WD
$1.75B
| $93.1M | 0.03% |
1,253,979
+52,145
| +4% | +$4.41M |
|
860
Banner Corp
BANR
$2.4B
| $93M | 0.03% |
2,195,091
-22,781
| -1% | -$1.02M |
|
861
Franklin Electric
FELE
$4.85B
| $92.9M | 0.03% |
1,041,500
+9,980
| +1% | +$966K |
|
862
Dorian LPG
LPG
$1.9B
| $92.9M | 0.03% |
3,233,000
+42,162
| +1% | +$1.13M |
|
863
Sempra
SRE
$59.2B
| $92.8M | 0.03% |
1,364,109
-41,349
| -3% | -$2.98M |
|
864
Estee Lauder
EL
$30.7B
| $92.7M | 0.03% |
641,144
-115,282
| -15% | -$19.2M |
|
865
Warrior Met Coal
HCC
$4.17B
| $92.6M | 0.03% |
1,813,559
+6,740
| +0.4% | +$283K |
|
866
Power Integrations
POWI
$3.3B
| $92.4M | 0.03% |
1,210,713
-9,909
| -0.8% | -$848K |
|
867
Talos Energy
TALO
$2.28B
| $92.4M | 0.03% |
5,618,103
+1,366,470
| +32% | +$22M |
|
868
Kinsale Capital Group
KNSL
$8.43B
| $92.3M | 0.03% |
222,794
-19,660
| -8% | -$7.63M |
|
869
Valmont Industries
VMI
$9.33B
| $92.2M | 0.03% |
383,682
+14,729
| +4% | +$3.79M |
|
870
Fluor
FLR
$6.89B
| $92.1M | 0.03% |
2,508,244
+85,897
| +4% | +$2.88M |
|
871
Sonic Automotive
SAH
$3.31B
| $91.8M | 0.03% |
1,921,641
-36,515
| -2% | -$1.86M |
|
872
NNN REIT
NNN
$9.37B
| $91.7M | 0.03% |
2,594,220
+4,916
| +0.2% | +$197K |
|
873
Brixmor Property Group
BRX
$9.77B
| $91.5M | 0.03% |
4,404,263
+55,989
| +1% | +$1.24M |
|
874
Seagate
STX
$169B
| $91.2M | 0.03% |
1,382,292
-25,104
| -2% | -$1.62M |
|
875
Hormel Foods
HRL
$14.1B
| $91.1M | 0.03% |
2,394,258
+187,094
| +8% | +$7.37M |
|
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.