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 | |
|---|---|---|---|---|---|---|
1301
Prothena Corp
PRTA
$448M
| $53.2M | 0.02% |
1,102,862
-47,346
| -4% | -$2.81M |
|
1302
Ironwood Pharmaceuticals
IRWD
$586M
| $53.1M | 0.02% |
5,516,976
-94,092
| -2% | -$922K |
|
1303
Tyler Technologies
TYL
$13.7B
| $53.1M | 0.02% |
137,503
+3,985
| +3% | +$1.56M |
|
|
SHOE
1304
Shoe Station Group
SHOE
$424M
| $53.1M | 0.02% |
2,208,266
+15,220
| +0.7% | +$361K |
|
1305
Ichor Holdings
ICHR
$2.17B
| $52.9M | 0.02% |
1,708,024
+132,106
| +8% | +$4.52M |
|
1306
Globant
GLOB
$1.65B
| $52.7M | 0.02% |
266,461
+27,330
| +11% | +$5.12M |
|
1307
ONE Gas
OGS
$5.01B
| $52.6M | 0.02% |
769,879
+66,797
| +10% | +$5.05M |
|
1308
Griffon
GFF
$4.02B
| $52.5M | 0.02% |
1,323,757
-402,212
| -23% | -$16.5M |
|
1309
Affirm
AFRM
$23.5B
| $52.5M | 0.02% |
2,468,917
+1,850,673
| +299% | +$33.8M |
|
|
ZEUS
1310
DELISTED
Olympic Steel
ZEUS
| $52.4M | 0.02% |
931,389
-1,326
| -0.1% | -$68.5K |
|
1311
Boston Beer
SAM
$1.95B
| $52.4M | 0.02% |
134,399
+6,642
| +5% | +$2.33M |
|
|
DCH
1312
Dauch Corp
DCH
$1.31B
| $52.3M | 0.02% |
7,203,507
+506,073
| +8% | +$4.07M |
|
1313
Box
BOX
$4.49B
| $52.3M | 0.02% |
2,159,790
-18,747
| -0.9% | -$536K |
|
1314
Honda
HMC
$39.8B
| $52.2M | 0.02% |
1,550,556
+29,949
| +2% | +$963K |
|
1315
United Parks & Resorts
PRKS
$2.19B
| $52.1M | 0.02% |
1,125,837
-27,862
| -2% | -$1.42M |
|
1316
TripAdvisor
TRIP
$1.7B
| $52M | 0.02% |
3,133,374
+579,125
| +23% | +$9.45M |
|
1317
Portland General Electric
POR
$5.82B
| $51.8M | 0.02% |
1,280,092
+7,031
| +0.6% | +$319K |
|
1318
Domino's
DPZ
$11.9B
| $51.8M | 0.02% |
136,724
-15,785
| -10% | -$6.07M |
|
1319
GoDaddy
GDDY
$13.9B
| $51.7M | 0.02% |
694,664
+32,694
| +5% | +$2.41M |
|
1320
Verra Mobility
VRRM
$775M
| $51.7M | 0.02% |
2,764,204
+489,249
| +22% | +$9.49M |
|
|
HEES
1321
DELISTED
H&E Equipment Services
HEES
| $51.6M | 0.02% |
1,194,593
-33,285
| -3% | -$1.52M |
|
1322
MGE Energy Inc
MGEE
$3.03B
| $51.5M | 0.02% |
751,959
-2,163
| -0.3% | -$164K |
|
1323
Euronet Worldwide
EEFT
$3.19B
| $51.5M | 0.02% |
648,131
+89,284
| +16% | +$8.29M |
|
|
SPLK
1324
DELISTED
Splunk Inc
SPLK
| $51.4M | 0.02% |
351,215
+15,268
| +5% | +$1.73M |
|
1325
Incyte
INCY
$25.8B
| $51.3M | 0.02% |
888,246
+42,762
| +5% | +$2.7M |
|
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.