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 | |
|---|---|---|---|---|---|---|
1651
Capitol Federal Financial
CFFN
$1.09B
| $31.5M | 0.01% |
6,593,489
-741,669
| -10% | -$4.38M |
|
|
CHUY
1652
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $31.4M | 0.01% |
883,713
-6,879
| -0.8% | -$264K |
|
|
NFBK
1653
DELISTED
Northfield Bancorp
NFBK
| $31.4M | 0.01% |
3,320,524
-228,319
| -6% | -$2.5M |
|
1654
UGI
UGI
$8.19B
| $31.4M | 0.01% |
1,363,681
+82,448
| +6% | +$2.05M |
|
1655
AMERISAFE
AMSF
$457M
| $31.3M | 0.01% |
625,629
-6,882
| -1% | -$361K |
|
1656
Dynatrace
DT
$16.1B
| $31.2M | 0.01% |
668,544
+7,509
| +1% | +$369K |
|
1657
Douglas Emmett
DEI
$1.72B
| $31.2M | 0.01% |
2,447,204
-17,704
| -0.7% | -$239K |
|
1658
Cognex
CGNX
$10.2B
| $31.2M | 0.01% |
734,608
+19,555
| +3% | +$962K |
|
1659
John B. Sanfilippo & Son
JBSS
$789M
| $31.1M | 0.01% |
314,895
-6,156
| -2% | -$647K |
|
|
AVDX
1660
DELISTED
AvidXchange
AVDX
| $31.1M | 0.01% |
3,277,033
+1,100,389
| +51% | +$11.5M |
|
1661
Sociedad Química y Minera de Chile
SQM
$20.5B
| $31.1M | 0.01% |
520,814
-82
| -0% | -$5.53K |
|
|
CIR
1662
DELISTED
CIRCOR International, Inc
CIR
| $31M | 0.01% |
555,287
-129,153
| -19% | -$7.2M |
|
1663
Ameresco
AMRC
$1.26B
| $30.9M | 0.01% |
801,994
-8,321
| -1% | -$402K |
|
1664
Thryv Holdings
THRY
$82.2M
| $30.9M | 0.01% |
1,646,013
+221,446
| +16% | +$4.91M |
|
1665
MongoDB
MDB
$31.7B
| $30.9M | 0.01% |
89,220
+1,700
| +2% | +$645K |
|
1666
Middlesex Water
MSEX
$1.06B
| $30.8M | 0.01% |
465,486
-1,992
| -0.4% | -$153K |
|
1667
Harmony Gold Mining
HMY
$12.5B
| $30.8M | 0.01% |
8,196,747
+406,096
| +5% | +$1.67M |
|
1668
IDEAYA Biosciences
IDYA
$3.73B
| $30.8M | 0.01% |
1,142,242
+55,893
| +5% | +$1.42M |
|
1669
United Fire Group
UFCS
$1.4B
| $30.8M | 0.01% |
1,559,060
-96,020
| -6% | -$2.01M |
|
1670
Shift4
FOUR
$3.27B
| $30.8M | 0.01% |
555,804
+160,513
| +41% | +$9.79M |
|
1671
Semtech
SMTC
$16.6B
| $30.7M | 0.01% |
1,192,664
-253,723
| -18% | -$6.66M |
|
1672
Byline Bancorp
BY
$1.7B
| $30.7M | 0.01% |
1,558,109
+31,012
| +2% | +$635K |
|
1673
Virtu Financial
VIRT
$5.06B
| $30.7M | 0.01% |
1,775,943
-82,080
| -4% | -$1.49M |
|
1674
Shutterstock
SSTK
$181M
| $30.7M | 0.01% |
805,757
-108,368
| -12% | -$4.86M |
|
|
TBI
1675
Trueblue
TBI
$276M
| $30.7M | 0.01% |
2,089,592
-195,320
| -9% | -$3.04M |
|
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.