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 | |
|---|---|---|---|---|---|---|
|
AAMI
1876
Acadian Asset Management
AAMI
$3.21B
| $21.7M | 0.01% |
1,117,522
-43,513
| -4% | -$899K |
|
1877
Camden National
CAC
$971M
| $21.7M | 0.01% |
767,601
+2,220
| +0.3% | +$71.7K |
|
1878
Designer Brands
DBI
$311M
| $21.6M | 0.01% |
1,702,970
+24,301
| +1% | +$260K |
|
|
EHAB
1879
DELISTED
Enhabit
EHAB
| $21.5M | 0.01% |
1,915,389
+483,924
| +34% | +$6.09M |
|
|
ATRI
1880
DELISTED
Atrion Corp
ATRI
| $21.5M | 0.01% |
52,105
+113
| +0.2% | +$56.7K |
|
1881
OraSure Technologies
OSUR
$241M
| $21.4M | 0.01% |
3,605,129
+498,758
| +16% | +$2.8M |
|
1882
FerroAtlántica
GSM
$796M
| $21.4M | 0.01% |
4,106,600
-4,954
| -0.1% | -$25.7K |
|
|
OSG
1883
DELISTED
Overseas Shipholding Group Inc.
OSG
| $21.3M | 0.01% |
4,856,296
+145,949
| +3% | +$607K |
|
1884
U-Haul Holding Co
UHAL
$12.5B
| $21.3M | 0.01% |
390,583
-5,503
| -1% | -$320K |
|
1885
Eagle Bancorp
EGBN
$860M
| $21.2M | 0.01% |
990,355
-251,583
| -20% | -$6.12M |
|
1886
KRONOS Worldwide
KRO
$946M
| $21.2M | 0.01% |
2,735,686
+161,042
| +6% | +$1.4M |
|
|
AMK
1887
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $21.2M | 0.01% |
844,952
+91,919
| +12% | +$2.62M |
|
1888
Barrett Business Services
BBSI
$807M
| $21.1M | 0.01% |
937,032
-29,732
| -3% | -$686K |
|
1889
Carriage Services
CSV
$491M
| $21.1M | 0.01% |
746,368
-22,581
| -3% | -$711K |
|
1890
Regional Management Corp
RM
$296M
| $21M | 0.01% |
760,355
+2,532
| +0.3% | +$75.2K |
|
1891
Genesco
GCO
$360M
| $21M | 0.01% |
681,919
-45,869
| -6% | -$1.3M |
|
1892
Core Laboratories
CLB
$523M
| $20.9M | 0.01% |
872,123
+58,408
| +7% | +$1.43M |
|
1893
El Pollo Loco
LOCO
$436M
| $20.9M | 0.01% |
2,339,636
+6,844
| +0.3% | +$66.5K |
|
1894
Willis Lease Finance
WLFC
$1.16B
| $20.9M | 0.01% |
1,484,898
-7,974
| -0.5% | -$113K |
|
1895
Olema Pharmaceuticals
OLMA
$866M
| $20.9M | 0.01% |
1,694,000
+91,444
| +6% | +$932K |
|
1896
AppFolio
APPF
$7.78B
| $20.9M | 0.01% |
114,552
+3,271
| +3% | +$593K |
|
1897
Nutanix
NTNX
$18.9B
| $20.8M | 0.01% |
597,575
+229,791
| +62% | +$7.21M |
|
1898
Aehr Test Systems
AEHR
$2.96B
| $20.8M | 0.01% |
455,910
+7,840
| +2% | +$363K |
|
1899
10x Genomics
TXG
$10B
| $20.8M | 0.01% |
503,625
+297,818
| +145% | +$15.5M |
|
|
TARO
1900
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $20.7M | 0.01% |
549,908
-2,254
| -0.4% | -$84.6K |
|
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.