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 | |
|---|---|---|---|---|---|---|
1726
Immunovant
IMVT
$7.78B
| $28.3M | 0.01% |
736,529
-134,168
| -15% | -$3.03M |
|
1727
Atlassian
TEAM
$48.7B
| $28.1M | 0.01% |
139,594
-5,118
| -4% | -$972K |
|
1728
Sunstone Hotel Investors
SHO
$2.05B
| $28.1M | 0.01% |
3,003,777
+17,604
| +0.6% | +$166K |
|
|
HAPN
1729
Happen Inc
HAPN
$1.86B
| $27.9M | 0.01% |
4,579,065
+1,460,126
| +47% | +$11.4M |
|
1730
NRC Health Common Stock
NRC
$462M
| $27.9M | 0.01% |
628,871
-94
| -0% | -$4.1K |
|
1731
IMAX
IMAX
$2.84B
| $27.9M | 0.01% |
1,444,166
-166,978
| -10% | -$3.08M |
|
|
EQC
1732
DELISTED
Equity Commonwealth
EQC
| $27.9M | 0.01% |
1,518,308
-9,081
| -0.6% | -$176K |
|
1733
Myers Industries
MYE
$1.18B
| $27.9M | 0.01% |
1,555,116
+39,385
| +3% | +$741K |
|
|
VBTX
1734
DELISTED
Veritex Holdings
VBTX
| $27.8M | 0.01% |
1,547,794
+101,159
| +7% | +$1.95M |
|
|
BRSL
1735
Brightstar Lottery PLC
BRSL
$1.9B
| $27.8M | 0.01% |
916,281
-1,387
| -0.2% | -$44.2K |
|
1736
MP Materials
MP
$8.79B
| $27.8M | 0.01% |
1,454,025
-105,488
| -7% | -$2.34M |
|
1737
Madison Square Garden
MSGS
$9.5B
| $27.7M | 0.01% |
157,123
+30,806
| +24% | +$5.8M |
|
1738
Zumiez
ZUMZ
$206M
| $27.7M | 0.01% |
1,555,970
+107,828
| +7% | +$1.94M |
|
1739
New Fortress Energy
NFE
$70.9M
| $27.7M | 0.01% |
16,898
+9,746
| +136% | +$14.3M |
|
1740
Coinbase
COIN
$45.9B
| $27.7M | 0.01% |
368,583
+44,790
| +14% | +$3.78M |
|
1741
Boyd Gaming
BYD
$5.39B
| $27.6M | 0.01% |
453,827
-51,380
| -10% | -$3.42M |
|
1742
Napco Security Technologies
NSSC
$1.29B
| $27.5M | 0.01% |
1,235,785
+12,451
| +1% | +$378K |
|
1743
Four Corners Property Trust
FCPT
$2.49B
| $27.5M | 0.01% |
1,238,592
+36,500
| +3% | +$918K |
|
1744
Chefs' Warehouse
CHEF
$4.49B
| $27.5M | 0.01% |
1,296,473
+107,258
| +9% | +$3.28M |
|
1745
Midland States Bancorp
MSBI
$698M
| $27.4M | 0.01% |
1,334,127
+9,973
| +0.8% | +$219K |
|
1746
Rocket Pharmaceuticals
RCKT
$384M
| $27.4M | 0.01% |
1,336,672
-2,487
| -0.2% | -$45.2K |
|
|
SPNS
1747
DELISTED
Sapiens International
SPNS
| $27.3M | 0.01% |
961,838
+96,271
| +11% | +$2.75M |
|
|
EMBJ
1748
Embraer S.A. ADS
EMBJ
$13.3B
| $27.3M | 0.01% |
1,991,913
-60,388
| -3% | -$900K |
|
1749
IDT Corp
IDT
$1.72B
| $27.3M | 0.01% |
1,239,107
+4,895
| +0.4% | +$115K |
|
|
SAGE
1750
DELISTED
Sage Therapeutics
SAGE
| $27.3M | 0.01% |
1,327,591
-388,677
| -23% | -$11.2M |
|
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.