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 | |
|---|---|---|---|---|---|---|
1501
Illumina
ILMN
$37B
| $39.4M | 0.01% |
295,070
-76,582
| -21% | -$12.6M |
|
1502
Community Trust Bancorp
CTBI
$1.38B
| $39.4M | 0.01% |
1,149,253
+10,965
| +1% | +$401K |
|
1503
Wynn Resorts
WYNN
$8.54B
| $39.3M | 0.01% |
424,831
+36,085
| +9% | +$3.62M |
|
1504
Robinhood
HOOD
$98.7B
| $39.2M | 0.01% |
4,000,931
+535,781
| +15% | +$5.94M |
|
1505
Flywire
FLYW
$2.16B
| $39M | 0.01% |
1,224,374
+182,151
| +17% | +$5.83M |
|
1506
Monro
MNRO
$383M
| $39M | 0.01% |
1,403,668
-148,040
| -10% | -$5.11M |
|
1507
Albertsons Companies
ACI
$6.1B
| $39M | 0.01% |
1,712,386
+470,234
| +38% | +$10.5M |
|
1508
Hayward Holdings
HAYW
$2.73B
| $38.9M | 0.01% |
2,757,064
+94,950
| +4% | +$1.3M |
|
1509
Smith & Wesson
SWBI
$598M
| $38.8M | 0.01% |
3,007,955
+212,287
| +8% | +$2.65M |
|
1510
VSE Corp
VSEC
$4.91B
| $38.8M | 0.01% |
769,817
+19,747
| +3% | +$1.07M |
|
1511
AES
AES
$10.6B
| $38.7M | 0.01% |
2,549,515
+38,696
| +2% | +$737K |
|
1512
Lloyds Banking Group
LYG
$85.8B
| $38.7M | 0.01% |
18,186,670
+256,987
| +1% | +$557K |
|
1513
DXP Enterprises
DXPE
$2.86B
| $38.7M | 0.01% |
1,108,323
+50,834
| +5% | +$1.84M |
|
|
NSA
1514
DELISTED
National Storage Affiliates Trust
NSA
| $38.7M | 0.01% |
1,219,325
-21,523
| -2% | -$729K |
|
1515
Bank of N.T. Butterfield & Son
NTB
$2.33B
| $38.7M | 0.01% |
1,428,287
+108,914
| +8% | +$3.17M |
|
1516
Bumble
BMBL
$391M
| $38.6M | 0.01% |
2,585,893
+525,251
| +25% | +$8.88M |
|
1517
UFP Technologies
UFPT
$2.13B
| $38.5M | 0.01% |
238,756
-4,490
| -2% | -$786K |
|
1518
Usana Health Sciences
USNA
$265M
| $38.5M | 0.01% |
656,140
+38,228
| +6% | +$2.39M |
|
1519
Ares Management
ARES
$28.5B
| $38.4M | 0.01% |
372,951
+6,621
| +2% | +$670K |
|
1520
DraftKings
DKNG
$11.2B
| $38.3M | 0.01% |
1,302,793
-24,881
| -2% | -$735K |
|
|
PFC
1521
DELISTED
Premier Financial Corp. Common Stock
PFC
| $38.2M | 0.01% |
2,237,570
-72,771
| -3% | -$1.37M |
|
1522
Park Hotels & Resorts
PK
$3.03B
| $38M | 0.01% |
3,083,998
+32,832
| +1% | +$424K |
|
1523
Vale
VALE
$61.6B
| $37.8M | 0.01% |
2,823,058
+32,372
| +1% | +$441K |
|
1524
Under Armour
UAA
$2.13B
| $37.8M | 0.01% |
5,518,237
+1,020,932
| +23% | +$7.69M |
|
1525
COPT Defense Properties
CDP
$3.92B
| $37.8M | 0.01% |
1,584,302
+6,113
| +0.4% | +$155K |
|
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.