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 | |
|---|---|---|---|---|---|---|
1826
Interactive Brokers
IBKR
$40B
| $23.6M | 0.01% |
1,089,900
+6,844
| +0.6% | +$152K |
|
1827
Pebblebrook Hotel Trust
PEB
$2.03B
| $23.5M | 0.01% |
1,729,113
-23,949
| -1% | -$343K |
|
|
RCM
1828
DELISTED
R1 RCM Inc. Common Stock
RCM
| $23.5M | 0.01% |
1,556,708
+577,087
| +59% | +$9.71M |
|
1829
Q2 Holdings
QTWO
$3.61B
| $23.5M | 0.01% |
726,797
+318,355
| +78% | +$10.5M |
|
1830
Bausch Health
BHC
$2.11B
| $23.4M | 0.01% |
2,851,391
+117,509
| +4% | +$1.01M |
|
|
LGF.A
1831
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $23.4M | 0.01% |
2,760,100
-372,743
| -12% | -$2.96M |
|
|
SWTX
1832
DELISTED
SpringWorks Therapeutics
SWTX
| $23.4M | 0.01% |
1,011,369
+28,016
| +3% | +$766K |
|
1833
Shopify
SHOP
$165B
| $23.4M | 0.01% |
428,324
+2,329
| +0.5% | +$141K |
|
|
HTBK
1834
DELISTED
Heritage Commerce
HTBK
| $23.4M | 0.01% |
2,757,409
-99,507
| -3% | -$885K |
|
1835
Greif Class B
GEF.B
$4.15B
| $23.3M | 0.01% |
349,659
+3,142
| +0.9% | +$234K |
|
1836
Lennar Class B
LEN.B
$18.9B
| $23.2M | 0.01% |
238,952
-4,503
| -2% | -$469K |
|
1837
Universal Insurance Holdings
UVE
$1.24B
| $23.2M | 0.01% |
1,656,678
-92,910
| -5% | -$1.31M |
|
|
STR
1838
DELISTED
Sitio Royalties
STR
| $23.2M | 0.01% |
958,442
-31,676
| -3% | -$816K |
|
1839
Sumitomo Mitsui Financial
SMFG
$169B
| $23.2M | 0.01% |
2,354,171
+54,066
| +2% | +$500K |
|
1840
Oil-Dri
ODC
$1.27B
| $23.1M | 0.01% |
748,534
+8,586
| +1% | +$274K |
|
1841
TechTarget
TTGT
$278M
| $23.1M | 0.01% |
760,419
-23,023
| -3% | -$701K |
|
1842
Red Rock Resorts
RRR
$3.12B
| $23.1M | 0.01% |
562,967
-1,075
| -0.2% | -$48.6K |
|
1843
Hyster-Yale Materials Handling
HY
$597M
| $23.1M | 0.01% |
517,189
-10,444
| -2% | -$483K |
|
1844
Krispy Kreme
DNUT
$529M
| $23M | 0.01% |
1,848,064
+660,950
| +56% | +$9.23M |
|
1845
ACV Auctions
ACVA
$1.78B
| $23M | 0.01% |
1,516,872
+387,133
| +34% | +$6.29M |
|
1846
Phillips Edison & Co
PECO
$4.81B
| $23M | 0.01% |
686,474
+185,433
| +37% | +$6.41M |
|
1847
Century Aluminum
CENX
$4.03B
| $23M | 0.01% |
3,201,406
-424,510
| -12% | -$3.42M |
|
1848
Tecnoglass Holdings
TGLS
$1.61B
| $22.9M | 0.01% |
695,645
+74,519
| +12% | +$3.04M |
|
1849
Quanterix
QTRX
$148M
| $22.9M | 0.01% |
842,916
+147,372
| +21% | +$3.65M |
|
1850
Distribution Solutions Group
DSGR
$1.61B
| $22.9M | 0.01% |
879,193
-18,289
| -2% | -$471K |
|
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.