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 | |
|---|---|---|---|---|---|---|
1626
PJT Partners
PJT
$3.87B
| $32.8M | 0.01% |
413,003
-2,100
| -0.5% | -$162K |
|
1627
America's Car Mart
CRMT
$14.8M
| $32.8M | 0.01% |
360,397
+659
| +0.2% | +$68.8K |
|
1628
Kearny Financial
KRNY
$610M
| $32.8M | 0.01% |
4,730,735
-427,245
| -8% | -$3.24M |
|
1629
Sunrun
RUN
$2.1B
| $32.7M | 0.01% |
2,602,263
-748,936
| -22% | -$12.3M |
|
|
VGR
1630
DELISTED
Vector Group Ltd.
VGR
| $32.7M | 0.01% |
3,070,523
-112,959
| -4% | -$1.31M |
|
|
HSII
1631
DELISTED
Heidrick & Struggles
HSII
| $32.6M | 0.01% |
1,301,502
-20,991
| -2% | -$561K |
|
1632
ANI Pharmaceuticals
ANIP
$1.73B
| $32.4M | 0.01% |
558,372
+14,430
| +3% | +$833K |
|
1633
Energizer
ENR
$1.49B
| $32.4M | 0.01% |
1,010,682
-334,134
| -25% | -$11.4M |
|
1634
Norwegian Cruise Line
NCLH
$6.61B
| $32.4M | 0.01% |
1,964,238
+863,932
| +79% | +$15.9M |
|
1635
Marqeta
MQ
$1.65B
| $32.3M | 0.01% |
1,351,158
+618,187
| +84% | +$14M |
|
1636
Gray Television
GTN
$477M
| $32.2M | 0.01% |
4,654,343
-505,480
| -10% | -$4.16M |
|
1637
Mercer International
MERC
$25.8M
| $32.2M | 0.01% |
3,753,321
-313,395
| -8% | -$2.7M |
|
|
GTM
1638
ZoomInfo Technologies
GTM
$1.17B
| $32.2M | 0.01% |
1,961,076
+890,575
| +83% | +$18.2M |
|
1639
Bank of Hawaii
BOH
$2.94B
| $32.1M | 0.01% |
646,852
-71,416
| -10% | -$3.67M |
|
1640
Peapack-Gladstone Financial
PGC
$805M
| $32M | 0.01% |
1,249,419
-15,190
| -1% | -$420K |
|
1641
Schrodinger
SDGR
$2.26B
| $32M | 0.01% |
1,130,853
+149,976
| +15% | +$6.04M |
|
1642
PRA Group
PRAA
$774M
| $32M | 0.01% |
1,663,934
-346,092
| -17% | -$7.28M |
|
1643
Mativ Holdings
MATV
$670M
| $31.8M | 0.01% |
2,233,190
-386,512
| -15% | -$6.18M |
|
1644
Harmonic Inc
HLIT
$1.2B
| $31.8M | 0.01% |
3,306,604
+9,790
| +0.3% | +$117K |
|
1645
National Health Investors
NHI
$3.4B
| $31.7M | 0.01% |
617,551
+8,149
| +1% | +$426K |
|
1646
Advance Auto Parts
AAP
$2.53B
| $31.7M | 0.01% |
566,994
-216,952
| -28% | -$14.5M |
|
1647
Bristow Group
VTOL
$1.23B
| $31.6M | 0.01% |
1,122,509
+170,982
| +18% | +$4.95M |
|
1648
Core & Main
CNM
$7.91B
| $31.5M | 0.01% |
1,092,915
+247,783
| +29% | +$7.65M |
|
1649
Pinterest
PINS
$10.4B
| $31.5M | 0.01% |
1,166,500
+121,398
| +12% | +$3.31M |
|
|
TRST
1650
Trustco Bank Corp NY
TRST
$958M
| $31.5M | 0.01% |
1,152,450
+15,328
| +1% | +$442K |
|
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.