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 | |
|---|---|---|---|---|---|---|
1426
Cemex
CX
$17.1B
| $41.9K | 0.01% |
10,344,736
+1,126,187
| +12% | +$4.5M |
|
1427
Vermilion Energy
VET
$1.82B
| $41.9K | 0.01% |
2,365,085
-39,584
| -2% | -$804K |
|
1428
Mercury Insurance
MCY
$5.93B
| $41.8K | 0.01% |
1,222,735
-50,654
| -4% | -$1.68M |
|
|
NOVA
1429
DELISTED
Sunnova Energy
NOVA
| $41.8K | 0.01% |
2,319,424
+743,894
| +47% | +$15M |
|
1430
Travel + Leisure Co
TNL
$4.66B
| $41.7K | 0.01% |
1,146,848
-16,863
| -1% | -$632K |
|
1431
Genco Shipping & Trading
GNK
$1.11B
| $41.6K | 0.01% |
2,710,989
+53,834
| +2% | +$779K |
|
1432
Align Technology
ALGN
$12.1B
| $41.6K | 0.01% |
197,129
+5,686
| +3% | +$1.14M |
|
|
IRBT
1433
DELISTED
iRobot
IRBT
| $41.4K | 0.01% |
860,798
-963
| -0.1% | -$50.9K |
|
1434
Energizer
ENR
$1.44B
| $41.3K | 0.01% |
1,229,926
+73,189
| +6% | +$2.25M |
|
1435
Wolfspeed
WOLF
$1.23B
| $41.2K | 0.01% |
596,231
-7,546
| -1% | -$669K |
|
1436
Cactus
WHD
$5.21B
| $41.1K | 0.01% |
818,251
-128,971
| -14% | -$6.47M |
|
|
XYZ
1437
Block Inc
XYZ
$48.4B
| $41.1K | 0.01% |
654,201
+131,656
| +25% | +$8.12M |
|
1438
Universal Display
OLED
$3.68B
| $41K | 0.01% |
379,806
+73,763
| +24% | +$7.74M |
|
1439
Neurocrine Biosciences
NBIX
$16.8B
| $41K | 0.01% |
343,510
-14,029
| -4% | -$1.64M |
|
1440
Chegg
CHGG
$110M
| $40.9K | 0.01% |
1,619,539
+175,970
| +12% | +$4.47M |
|
1441
AZZ Inc
AZZ
$4.35B
| $40.9K | 0.01% |
1,016,735
-149,838
| -13% | -$5.89M |
|
1442
Tyler Technologies
TYL
$12.7B
| $40.8K | 0.01% |
126,668
+2,328
| +2% | +$760K |
|
1443
Movado Group
MOV
$849M
| $40.7K | 0.01% |
1,261,546
+45,352
| +4% | +$1.45M |
|
1444
G-III Apparel Group
GIII
$1.54B
| $40.6K | 0.01% |
2,963,911
-367,971
| -11% | -$6.19M |
|
1445
Triumph Financial Inc
TFIN
$1.81B
| $40.6K | 0.01% |
830,945
+70,197
| +9% | +$3.79M |
|
1446
Enerpac Tool Group
EPAC
$1.83B
| $40.5K | 0.01% |
1,590,421
+30,763
| +2% | +$741K |
|
1447
Westamerica Bancorp
WABC
$1.38B
| $40.5K | 0.01% |
685,824
-4,732
| -0.7% | -$278K |
|
1448
Restaurant Brands International
QSR
$25.7B
| $40.4K | 0.01% |
625,366
+74,370
| +13% | +$4.57M |
|
1449
OGE Energy
OGE
$9.78B
| $40.4K | 0.01% |
1,022,225
-89,286
| -8% | -$3.39M |
|
1450
Johnson Outdoors
JOUT
$491M
| $40.4K | 0.01% |
610,608
+6,532
| +1% | +$367K |
|
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.