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 | |
|---|---|---|---|---|---|---|
1051
Customers Bancorp
CUBI
$2.66B
| $72.8M | 0.02% |
2,113,818
-4,266
| -0.2% | -$154K |
|
1052
Dorman Products
DORM
$4.22B
| $72.8M | 0.02% |
960,679
+47,019
| +5% | +$3.82M |
|
1053
SiteOne Landscape Supply
SITE
$4.16B
| $72.8M | 0.02% |
445,236
-2,842
| -0.6% | -$464K |
|
1054
Piper Sandler
PIPR
$4.99B
| $72.7M | 0.02% |
2,001,956
+12,900
| +0.6% | +$466K |
|
1055
IDEX
IEX
$17B
| $72.5M | 0.02% |
348,483
+1,760
| +0.5% | +$382K |
|
1056
Donaldson
DCI
$10.7B
| $72.5M | 0.02% |
1,215,427
-8,022
| -0.7% | -$497K |
|
1057
RPC Inc
RES
$1.13B
| $72.5M | 0.02% |
8,104,414
+1,228,088
| +18% | +$10.2M |
|
|
JBTM
1058
JBT Marel
JBTM
$7.35B
| $72.4M | 0.02% |
688,283
+3,325
| +0.5% | +$372K |
|
1059
Chemed
CHE
$7.16B
| $72.3M | 0.02% |
139,151
-6,088
| -4% | -$3.16M |
|
|
DEN
1060
DELISTED
Denbury Inc.
DEN
| $72.3M | 0.02% |
737,749
-101,794
| -12% | -$9.21M |
|
|
DNB
1061
DELISTED
Dun & Bradstreet
DNB
| $72.2M | 0.02% |
7,226,923
+1,650,231
| +30% | +$18.2M |
|
1062
Benchmark Electronics
BHE
$2.66B
| $72.2M | 0.02% |
2,974,991
+51,904
| +2% | +$1.32M |
|
1063
Gen Digital
GEN
$16.5B
| $72.1M | 0.02% |
4,080,380
+563,971
| +16% | +$11M |
|
1064
Fastly Inc
FSLY
$3.24B
| $71.9M | 0.02% |
3,748,305
+283,432
| +8% | +$5.53M |
|
1065
MGP Ingredients
MGPI
$403M
| $71.8M | 0.02% |
680,379
-25,793
| -4% | -$2.92M |
|
1066
Veracyte
VCYT
$4.45B
| $71.7M | 0.02% |
3,211,630
+413,165
| +15% | +$10.6M |
|
1067
Grocery Outlet
GO
$904M
| $71.7M | 0.02% |
2,484,559
+325,059
| +15% | +$10.3M |
|
1068
Steven Madden
SHOO
$3.17B
| $71.6M | 0.02% |
2,255,033
-53,840
| -2% | -$1.79M |
|
1069
Franklin Resources
BEN
$16.8B
| $71.6M | 0.02% |
2,912,930
-184,902
| -6% | -$5M |
|
1070
Tetra Tech
TTEK
$8.77B
| $71.6M | 0.02% |
2,353,025
-363,255
| -13% | -$11.8M |
|
1071
Houlihan Lokey
HLI
$9.72B
| $71.2M | 0.02% |
664,765
-30,972
| -4% | -$3.19M |
|
1072
Dominion Energy
D
$62B
| $71.1M | 0.02% |
1,592,739
-124,799
| -7% | -$6.2M |
|
1073
Silicon Laboratories
SLAB
$7.14B
| $71M | 0.02% |
612,951
-7,623
| -1% | -$1.05M |
|
|
DOOR
1074
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $71M | 0.02% |
761,689
+6,737
| +0.9% | +$678K |
|
1075
SEI Investments
SEIC
$12.3B
| $70.9M | 0.02% |
1,177,771
-4,355
| -0.4% | -$268K |
|
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.