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 | |
|---|---|---|---|---|---|---|
1926
Oppenheimer Holdings
OPY
$1.22B
| $19.8M | 0.01% |
517,461
-2,385
| -0.5% | -$92.9K |
|
1927
CleanSpark
CLSK
$3.43B
| $19.8M | 0.01% |
5,198,415
+5,182,041
| +31,648% | +$27.4M |
|
1928
Universal Logistics Holdings
ULH
$476M
| $19.8M | 0.01% |
786,525
+18,715
| +2% | +$535K |
|
1929
Transcat
TRNS
$798M
| $19.8M | 0.01% |
202,105
+2,799
| +1% | +$268K |
|
|
ACCD
1930
DELISTED
Accolade Inc
ACCD
| $19.8M | 0.01% |
1,871,365
+319,756
| +21% | +$4.2M |
|
|
AAN
1931
DELISTED
The Aaron's Company Inc
AAN
| $19.8M | 0.01% |
1,890,445
+146,495
| +8% | +$1.87M |
|
1932
Insulet
PODD
$9.82B
| $19.7M | 0.01% |
123,446
-10,998
| -8% | -$2.46M |
|
1933
SandRidge Energy
SD
$530M
| $19.7M | 0.01% |
1,256,175
+4,055
| +0.3% | +$64.9K |
|
1934
Regenxbio
RGNX
$542M
| $19.6M | 0.01% |
1,192,572
-195,442
| -14% | -$3.54M |
|
1935
IonQ
IONQ
$16.3B
| $19.6M | 0.01% |
1,314,645
+1,095,035
| +499% | +$17.2M |
|
1936
Allegro MicroSystems
ALGM
$6.17B
| $19.4M | 0.01% |
606,102
+297,385
| +96% | +$12.1M |
|
1937
Vodafone
VOD
$40.5B
| $19.3M | 0.01% |
2,037,969
-497,485
| -20% | -$4.71M |
|
1938
Herbalife
HLF
$1.23B
| $19.3M | 0.01% |
1,380,521
-98,028
| -7% | -$1.48M |
|
1939
Greenlight Captial
GLRE
$491M
| $19.3M | 0.01% |
1,797,768
+66,933
| +4% | +$721K |
|
1940
Corsair Gaming
CRSR
$1.46B
| $19.3M | 0.01% |
1,328,371
+459,227
| +53% | +$7.39M |
|
1941
Acadia Realty Trust
AKR
$2.65B
| $19.3M | 0.01% |
1,344,276
-8,112
| -0.6% | -$123K |
|
1942
Shoals Technologies Group
SHLS
$1.29B
| $19.3M | 0.01% |
1,055,075
+137,609
| +15% | +$3.06M |
|
1943
Merchants Bancorp
MBIN
$2.38B
| $19.2M | 0.01% |
693,330
+49,516
| +8% | +$1.43M |
|
1944
Origin Bancorp
OBK
$1.66B
| $19.2M | 0.01% |
665,231
+105,282
| +19% | +$3.22M |
|
|
BWIN
1945
Baldwin Insurance Group
BWIN
$3.09B
| $19.2M | 0.01% |
826,483
+163,030
| +25% | +$4.08M |
|
1946
LG Display
LPL
$2.98B
| $19.1M | 0.01% |
3,922,115
-293,237
| -7% | -$1.54M |
|
1947
Daktronics
DAKT
$839M
| $19.1M | 0.01% |
2,145,807
-6,866
| -0.3% | -$54.2K |
|
1948
Allient
ALNT
$1.69B
| $19.1M | 0.01% |
618,778
-746
| -0.1% | -$25.8K |
|
1949
Gogo Inc
GOGO
$341M
| $19.1M | 0.01% |
1,599,935
+164,297
| +11% | +$2.27M |
|
1950
Future Fuel
FF
$240M
| $19M | 0.01% |
2,643,981
+120,765
| +5% | +$989K |
|
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.