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 | |
|---|---|---|---|---|---|---|
|
STEL
1476
DELISTED
Stellar Bancorp
STEL
| $41M | 0.01% |
1,924,498
-169,120
| -8% | -$3.86M |
|
1477
Quaker Houghton
KWR
$2.7B
| $41M | 0.01% |
255,925
+28,378
| +12% | +$5.07M |
|
1478
Enerpac Tool Group
EPAC
$1.81B
| $40.9M | 0.01% |
1,548,639
+3,355
| +0.2% | +$89.6K |
|
1479
Preferred Bank
PFBC
$1.26B
| $40.9M | 0.01% |
656,997
+35,246
| +6% | +$2.2M |
|
1480
Shake Shack
SHAK
$2.28B
| $40.9M | 0.01% |
704,150
-15,344
| -2% | -$1.09M |
|
|
ARGO
1481
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $40.9M | 0.01% |
1,369,481
-739,473
| -35% | -$22M |
|
|
P
1482
Everpure Inc
P
$34.5B
| $40.6M | 0.01% |
1,140,249
+9,385
| +0.8% | +$348K |
|
1483
Dropbox
DBX
$8.22B
| $40.6M | 0.01% |
1,490,566
+7,659
| +0.5% | +$209K |
|
1484
DoubleVerify
DV
$2.09B
| $40.6M | 0.01% |
1,451,804
+662,312
| +84% | +$22.6M |
|
1485
Roku
ROKU
$22.9B
| $40.5M | 0.01% |
573,961
+247,416
| +76% | +$19.2M |
|
|
VTLE
1486
DELISTED
Vital Energy
VTLE
| $40.5M | 0.01% |
729,963
+15,578
| +2% | +$837K |
|
|
NPKI
1487
NPK International
NPKI
$1.09B
| $40.4M | 0.01% |
5,850,228
+536,299
| +10% | +$3.07M |
|
1488
National Grid
NGG
$77.9B
| $40.3M | 0.01% |
705,364
+6,233
| +0.9% | +$377K |
|
|
SWI
1489
DELISTED
SolarWinds Corporation Common Stock
SWI
| $40.2M | 0.01% |
4,262,665
+392,545
| +10% | +$4.12M |
|
1490
Methanex
MEOH
$4.72B
| $40.2M | 0.01% |
892,818
+41,559
| +5% | +$1.78M |
|
1491
Republic Bancorp
RBCAA
$1.84B
| $40.2M | 0.01% |
912,335
+32,366
| +4% | +$1.44M |
|
1492
Banc of California
BANC
$2.93B
| $40.1M | 0.01% |
3,238,425
-231,455
| -7% | -$2.95M |
|
1493
Insteel Industries
IIIN
$586M
| $40M | 0.01% |
1,231,508
+10,779
| +0.9% | +$346K |
|
1494
CRISPR Therapeutics
CRSP
$5.52B
| $39.9M | 0.01% |
879,801
+168,530
| +24% | +$8.7M |
|
1495
Life Time Group Holdings
LTH
$9.17B
| $39.9M | 0.01% |
2,620,166
+826,555
| +46% | +$14.6M |
|
|
SEE
1496
DELISTED
Sealed Air
SEE
| $39.8M | 0.01% |
1,211,932
+160,276
| +15% | +$6.2M |
|
1497
Spotify
SPOT
$109B
| $39.8M | 0.01% |
257,156
-5,369
| -2% | -$818K |
|
1498
Eastern Bankshares
EBC
$4.91B
| $39.6M | 0.01% |
3,160,507
+627,315
| +25% | +$8.44M |
|
1499
MaxLinear
MXL
$6.86B
| $39.5M | 0.01% |
1,775,033
-24,438
| -1% | -$621K |
|
1500
Center Bancorp
CNOB
$1.59B
| $39.4M | 0.01% |
2,211,816
-37,575
| -2% | -$704K |
|
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.