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 | 17.3% |
| 2 | Financials | 16.14% |
| 3 | Industrials | 13.38% |
| 4 | Consumer Discretionary | 10.82% |
| 5 | Healthcare | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1451
Alliant Energy
LNT
$17.3B
| $43.1M | 0.01% |
890,060
+29,566
| +3% | +$1.53M |
|
1452
Gorman-Rupp
GRC
$1.9B
| $43.1M | 0.01% |
1,308,556
-6,415
| -0.5% | -$198K |
|
1453
Shinhan Financial Group
SHG
$38.8B
| $42.9M | 0.01% |
1,621,098
-19,511
| -1% | -$523K |
|
1454
Magnite
MGNI
$3.64B
| $42.9M | 0.01% |
5,687,768
+750,048
| +15% | +$8.09M |
|
1455
Titan International
TWI
$464M
| $42.9M | 0.01% |
3,191,798
+277,394
| +10% | +$3.38M |
|
1456
Pacira BioSciences
PCRX
$980M
| $42.8M | 0.01% |
1,393,818
+271,544
| +24% | +$9.79M |
|
1457
Heartland Express
HTLD
$933M
| $42.7M | 0.01% |
2,908,236
+114,177
| +4% | +$1.77M |
|
1458
Expro Ltd
XPRO
$1.85B
| $42.7M | 0.01% |
1,838,944
+480,148
| +35% | +$10.8M |
|
|
ENV
1459
DELISTED
ENVESTNET, INC.
ENV
| $42.5M | 0.01% |
965,501
+12,790
| +1% | +$702K |
|
1460
OGE Energy
OGE
$9.54B
| $42.5M | 0.01% |
1,275,163
+218,853
| +21% | +$7.67M |
|
1461
Essential Utilities
WTRG
$11.8B
| $42.5M | 0.01% |
1,236,755
+54,669
| +5% | +$2.12M |
|
1462
Park National Corp
PRK
$3.3B
| $42.3M | 0.01% |
447,479
+16,101
| +4% | +$1.67M |
|
1463
Northern Oil and Gas
NOG
$2.68B
| $42.3M | 0.01% |
1,050,752
+407,514
| +63% | +$16.1M |
|
1464
Workday
WDAY
$47.7B
| $42.1M | 0.01% |
196,073
+1,632
| +0.8% | +$378K |
|
1465
MarketAxess Holdings
MKTX
$5.75B
| $42M | 0.01% |
196,759
+3,709
| +2% | +$899K |
|
1466
Dime Commercial Bancshares
DCOM
$1.79B
| $42M | 0.01% |
2,102,842
-174,125
| -8% | -$3.64M |
|
|
HTO
1467
H2O America
HTO
$2.64B
| $41.9M | 0.01% |
697,441
+24,967
| +4% | +$1.67M |
|
1468
Bio-Techne
TECH
$11.4B
| $41.9M | 0.01% |
615,571
+43,115
| +8% | +$3.41M |
|
1469
Buckle
BKE
$2.08B
| $41.8M | 0.01% |
1,252,281
-20,024
| -2% | -$703K |
|
1470
Nordic American Tanker
NAT
$1.72B
| $41.7M | 0.01% |
10,133,378
+2,012,312
| +25% | +$8.04M |
|
1471
SentinelOne
S
$8.09B
| $41.6M | 0.01% |
2,466,881
+1,433,906
| +139% | +$22.6M |
|
1472
Myriad Genetics
MYGN
$392M
| $41.6M | 0.01% |
2,591,588
-81,883
| -3% | -$1.56M |
|
1473
CRA International
CRAI
$1.03B
| $41.3M | 0.01% |
409,418
-34,754
| -8% | -$3.65M |
|
|
DOC
1474
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $41.2M | 0.01% |
3,383,489
+495
| +0% | +$6.84K |
|
1475
ADT
ADT
$5.11B
| $41.1M | 0.01% |
6,845,884
+1,623,105
| +31% | +$10.1M |
|
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.