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 | |
|---|---|---|---|---|---|---|
1626
Globant
GLOB
$1.58B
| $31.4K | 0.01% |
186,601
-240
| -0.1% | -$42.5K |
|
|
HONE
1627
DELISTED
HarborOne Bancorp
HONE
| $31.3K | 0.01% |
2,250,791
+61,660
| +3% | +$878K |
|
1628
Veracyte
VCYT
$3.7B
| $31.3K | 0.01% |
1,317,648
+510,582
| +63% | +$11.9M |
|
|
AY
1629
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $31.2K | 0.01% |
1,204,216
-7,810
| -0.6% | -$211K |
|
1630
Argan
AGX
$8B
| $31K | 0.01% |
841,091
+1,405
| +0.2% | +$49.4K |
|
|
KAMN
1631
DELISTED
Kaman Corp
KAMN
| $31K | 0.01% |
1,390,251
-7,854
| -0.6% | -$190K |
|
1632
Workday
WDAY
$39.6B
| $30.9K | 0.01% |
184,445
+12,411
| +7% | +$1.94M |
|
1633
Krystal Biotech
KRYS
$10.1B
| $30.8K | 0.01% |
389,285
+30,448
| +8% | +$2.26M |
|
1634
Regenxbio
RGNX
$620M
| $30.8K | 0.01% |
1,359,588
+105,487
| +8% | +$2.38M |
|
1635
Stoneridge
SRI
$195M
| $30.8K | 0.01% |
1,429,458
+10,389
| +0.7% | +$222K |
|
1636
Wynn Resorts
WYNN
$10.3B
| $30.8K | 0.01% |
373,478
+8,089
| +2% | +$592K |
|
1637
Financial Institutions
FISI
$816M
| $30.7K | 0.01% |
1,262,125
+830
| +0.1% | +$20.4K |
|
1638
LeMaitre Vascular
LMAT
$2.32B
| $30.7K | 0.01% |
667,904
-6,891
| -1% | -$323K |
|
|
ISEE
1639
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $30.7K | 0.01% |
1,434,275
-124,938
| -8% | -$2.67M |
|
1640
Semtech
SMTC
$11B
| $30.7K | 0.01% |
1,068,450
-10,004
| -0.9% | -$284K |
|
1641
Ligand Pharmaceuticals
LGND
$5.76B
| $30.6K | 0.01% |
457,923
-262,013
| -36% | -$17M |
|
1642
Winmark
WINA
$1.2B
| $30.4K | 0.01% |
128,710
+985
| +0.8% | +$235K |
|
1643
Clearway Energy Class C
CWEN
$4.94B
| $30.3K | 0.01% |
952,183
-32,220
| -3% | -$1.09M |
|
|
VTLE
1644
DELISTED
Vital Energy
VTLE
| $30.3K | 0.01% |
589,166
+68,324
| +13% | +$4.22M |
|
|
ZEUS
1645
DELISTED
Olympic Steel
ZEUS
| $30.3K | 0.01% |
901,102
-2,322
| -0.3% | -$69.7K |
|
1646
SL Green Realty
SLG
$3.76B
| $30.2K | 0.01% |
895,421
-105,338
| -11% | -$4.01M |
|
1647
Willis Lease Finance
WLFC
$1.7B
| $30.1K | 0.01% |
1,532,367
+2,670
| +0.2% | +$39.9K |
|
1648
PJT Partners
PJT
$4.3B
| $30.1K | 0.01% |
408,451
-1,711
| -0.4% | -$128K |
|
1649
Four Corners Property Trust
FCPT
$2.81B
| $30.1K | 0.01% |
1,158,878
+45,545
| +4% | +$1.17M |
|
1650
Green Dot
GDOT
$743M
| $30K | 0.01% |
1,894,649
+215,646
| +13% | +$3.98M |
|
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.