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 | |
|---|---|---|---|---|---|---|
1176
Community Bank
CBU
$3.39B
| $63M | 0.02% |
1,491,514
+36,983
| +3% | +$1.75M |
|
1177
DTE Energy
DTE
$29.9B
| $62.9M | 0.02% |
633,945
-13,368
| -2% | -$1.44M |
|
1178
Veeco
VECO
$2.62B
| $62.9M | 0.02% |
2,238,780
+111,385
| +5% | +$3.07M |
|
1179
Alpha and Omega Semiconductor
AOSL
$829M
| $62.9M | 0.02% |
2,108,720
+23,240
| +1% | +$723K |
|
1180
CenterPoint Energy
CNP
$28.3B
| $62.9M | 0.02% |
2,343,518
-99,399
| -4% | -$2.87M |
|
1181
Corcept Therapeutics
CORT
$9.98B
| $62.9M | 0.02% |
2,307,344
+52,878
| +2% | +$1.53M |
|
1182
Cogent Communications
CCOI
$635M
| $62.8M | 0.02% |
1,015,132
+17,348
| +2% | +$1.13M |
|
1183
B2Gold
BTG
$4.98B
| $62.8M | 0.02% |
21,733,168
+1,002,594
| +5% | +$3.26M |
|
|
ACH
1184
Accendra Health
ACH
$254M
| $62.8M | 0.02% |
3,883,989
+536,488
| +16% | +$9.52M |
|
1185
Crane Co
CR
$11.9B
| $62.6M | 0.02% |
704,864
+55,374
| +9% | +$4.93M |
|
|
VMW
1186
DELISTED
VMware, Inc
VMW
| $62.5M | 0.02% |
375,132
-3,204
| -0.8% | -$513K |
|
|
RDUS
1187
DELISTED
Radius Recycling
RDUS
| $62.5M | 0.02% |
2,242,552
+15,795
| +0.7% | +$488K |
|
1188
Vontier
VNT
$4.54B
| $62.4M | 0.02% |
2,019,202
+228,304
| +13% | +$7.03M |
|
1189
Apogee Enterprises
APOG
$833M
| $62.2M | 0.02% |
1,321,721
-33,579
| -2% | -$1.63M |
|
1190
WEX
WEX
$6.42B
| $62.2M | 0.02% |
330,521
+14,013
| +4% | +$2.71M |
|
1191
First Busey Corp
BUSE
$2.56B
| $62M | 0.02% |
3,223,220
-487
| -0% | -$10.1K |
|
1192
Live Nation Entertainment
LYV
$42.9B
| $61.9M | 0.02% |
745,144
-12,766
| -2% | -$1.11M |
|
1193
Zebra Technologies
ZBRA
$13.5B
| $61.8M | 0.02% |
261,126
+13,544
| +5% | +$3.68M |
|
1194
Paycom
PAYC
$7.88B
| $61.8M | 0.02% |
238,218
+13,647
| +6% | +$4.16M |
|
1195
LivaNova
LIVN
$4.47B
| $61.8M | 0.02% |
1,167,918
-119,696
| -9% | -$6.56M |
|
1196
WD-40
WDFC
$2.98B
| $61.7M | 0.02% |
303,740
+9,574
| +3% | +$2.05M |
|
1197
JetBlue
JBLU
$2.16B
| $61.6M | 0.02% |
13,397,424
-2,597,490
| -16% | -$17.1M |
|
1198
Ethan Allen Interiors
ETD
$600M
| $61.6M | 0.02% |
2,060,769
+22,559
| +1% | +$698K |
|
1199
Gentherm
THRM
$1.32B
| $61.6M | 0.02% |
1,134,935
+28,800
| +3% | +$1.67M |
|
|
SPTN
1200
DELISTED
SpartanNash
SPTN
| $61.6M | 0.02% |
2,798,226
-3,062
| -0.1% | -$67.5K |
|
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.