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 | |
|---|---|---|---|---|---|---|
|
SOVO
1851
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $22.9M | 0.01% |
1,013,644
+106,225
| +12% | +$2.23M |
|
1852
MKS Inc
MKSI
$16.2B
| $22.8M | 0.01% |
263,742
-24,768
| -9% | -$2.41M |
|
|
CCF
1853
DELISTED
Chase Corporation
CCF
| $22.8M | 0.01% |
179,073
-151,943
| -46% | -$19M |
|
1854
FirstService
FSV
$5.79B
| $22.8M | 0.01% |
156,471
+1,442
| +0.9% | +$220K |
|
1855
Open Text
OTEX
$5.69B
| $22.7M | 0.01% |
647,737
-68,103
| -10% | -$2.67M |
|
1856
TotalEnergies
TTE
$202B
| $22.7M | 0.01% |
345,509
+2,988
| +0.9% | +$185K |
|
1857
National Presto Industries
NPK
$1.09B
| $22.7M | 0.01% |
312,741
-3,320
| -1% | -$251K |
|
1858
NWPX Infrastructure Inc
NWPX
$993M
| $22.6M | 0.01% |
750,311
-4,079
| -0.5% | -$128K |
|
1859
Huazhu Hotels Group
HTHT
$13.3B
| $22.6M | 0.01% |
572,694
-6,016
| -1% | -$254K |
|
1860
Collegium Pharmaceutical
COLL
$729M
| $22.6M | 0.01% |
1,009,689
+27,537
| +3% | +$628K |
|
1861
Build-A-Bear
BBW
$314M
| $22.5M | 0.01% |
765,903
-169,971
| -18% | -$4.3M |
|
1862
RLJ Lodging Trust
RLJ
$1.66B
| $22.5M | 0.01% |
2,296,531
-13,131
| -0.6% | -$131K |
|
1863
First Financial Corp
THFF
$917M
| $22.5M | 0.01% |
664,944
+51,344
| +8% | +$1.85M |
|
1864
Wolfspeed
WOLF
$1.26B
| $22.4M | 0.01% |
587,746
+42,279
| +8% | +$2.21M |
|
1865
Grupo Aeroportuario del Pacifico
PAC
$11.9B
| $22.4M | 0.01% |
135,745
+15,123
| +13% | +$2.74M |
|
1866
Liberty Latin America Class A
LILA
$1.67B
| $22.3M | 0.01% |
4,031,720
+236,676
| +6% | +$1.37M |
|
|
CRNX
1867
DELISTED
Crinetics Pharmaceuticals
CRNX
| $22.2M | 0.01% |
744,816
+225,707
| +43% | +$4.65M |
|
|
JBGS
1868
JBG SMITH
JBGS
$669M
| $22M | 0.01% |
1,520,486
+23,277
| +2% | +$360K |
|
1869
Zscaler
ZS
$32.2B
| $22M | 0.01% |
141,198
+1,828
| +1% | +$274K |
|
1870
Astrana Health
ASTH
$1.7B
| $21.9M | 0.01% |
708,625
+105,565
| +18% | +$3.64M |
|
|
HCP
1871
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $21.8M | 0.01% |
956,423
+928,575
| +3,334% | +$25.2M |
|
1872
Brookfield Renewable
BEPC
$5.54B
| $21.8M | 0.01% |
911,547
+249,508
| +38% | +$7.24M |
|
1873
OneSpaWorld
OSW
$2.22B
| $21.8M | 0.01% |
1,943,205
+213,789
| +12% | +$2.49M |
|
|
IRBT
1874
DELISTED
iRobot
IRBT
| $21.7M | 0.01% |
573,425
+11,188
| +2% | +$449K |
|
|
ROIC
1875
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $21.7M | 0.01% |
1,751,755
-12,606
| -0.7% | -$174K |
|
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.