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 |
Meta Platforms (Facebook)
META
|
+$332M |
| 2 |
ExxonMobil
XOM
|
+$283M |
| 3 |
Verizon
VZ
|
+$165M |
| 4 |
Yum China
YUMC
|
+$137M |
| 5 |
Chevron
CVX
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
|
+$941M |
| 2 |
Dimensional International Core Equity 2 ETF
DFIC
|
+$862M |
| 3 |
Dimensional International High Profitability ETF
DIHP
|
+$427M |
| 4 |
Dimensional International Small Cap Value ETF
DISV
|
+$421M |
| 5 |
Apple
AAPL
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.86% |
| 2 | Technology | 15.28% |
| 3 | Industrials | 12.71% |
| 4 | Healthcare | 11.82% |
| 5 | Consumer Discretionary | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
JELD-WEN Holding
JELD
$164M
| $15.6M | 0.01% |
1,781,671
-1,026,426
| -37% | -$13.5M |
|
|
VRE
1952
DELISTED
Veris Residential
VRE
| $15.5M | 0.01% |
1,362,305
-33,528
| -2% | -$450K |
|
1953
Boston Omaha
BOC
$412M
| $15.5M | 0.01% |
671,787
+82,179
| +14% | +$2.04M |
|
1954
Robinhood
HOOD
$98.7B
| $15.5M | 0.01% |
1,530,719
+1,448,580
| +1,764% | +$13.9M |
|
1955
Chunghwa Telecom
CHT
$35.5B
| $15.4M | 0.01% |
433,541
-16,705
| -4% | -$665K |
|
1956
Open Text
OTEX
$5.69B
| $15.4M | 0.01% |
582,751
+161,089
| +38% | +$5.69M |
|
1957
Brown-Forman Class A
BF.A
$12.3B
| $15.4M | 0.01% |
227,447
+2,410
| +1% | +$173K |
|
1958
Progyny
PGNY
$2.07B
| $15.3M | 0.01% |
413,874
-133,029
| -24% | -$4.98M |
|
|
AIV
1959
Aimco
AIV
$322M
| $15.3M | 0.01% |
2,101,011
-185,850
| -8% | -$1.52M |
|
|
MOMO
1960
Hello Group
MOMO
$704M
| $15.3M | 0.01% |
3,318,049
-532,191
| -14% | -$2.55M |
|
|
WOW
1961
DELISTED
WideOpenWest
WOW
| $15.3M | 0.01% |
1,248,385
+333,494
| +36% | +$5.95M |
|
1962
Comtech Telecommunications
CMTL
$45.5M
| $15.3M | 0.01% |
1,529,439
-165,560
| -10% | -$1.83M |
|
1963
Western New England Bancorp
WNEB
$277M
| $15.3M | 0.01% |
1,882,923
-26,856
| -1% | -$223K |
|
|
BRSL
1964
Brightstar Lottery PLC
BRSL
$1.9B
| $15.3M | 0.01% |
968,275
-11,291
| -1% | -$211K |
|
1965
OrthoPediatrics
KIDS
$569M
| $15.1M | 0.01% |
327,406
+28,409
| +10% | +$1.39M |
|
1966
Transcat
TRNS
$798M
| $15.1M | 0.01% |
199,184
-2,442
| -1% | -$169K |
|
1967
Radiant Logistics
RLGT
$417M
| $15.1M | 0.01% |
2,647,593
+25,130
| +1% | +$177K |
|
|
SGMO
1968
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $15M | 0.01% |
3,070,841
-12,786
| -0.4% | -$65.7K |
|
|
AGR
1969
DELISTED
Avangrid, Inc.
AGR
| $15M | 0.01% |
360,566
+14,806
| +4% | +$711K |
|
1970
Celldex Therapeutics
CLDX
$3.06B
| $15M | 0.01% |
534,515
-77,357
| -13% | -$2.37M |
|
1971
Bumble
BMBL
$391M
| $15M | 0.01% |
698,381
+411,594
| +144% | +$12.2M |
|
1972
Global Indemnity Group
GBLI
$403M
| $15M | 0.01% |
680,038
-19,427
| -3% | -$489K |
|
|
CDMO
1973
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $15M | 0.01% |
781,986
+128,326
| +20% | +$2.34M |
|
|
TPC
1974
Tutor Perini Cor
TPC
$4.5B
| $14.9M | 0.01% |
2,708,396
-199,894
| -7% | -$1.52M |
|
1975
Ferrari
RACE
$72.7B
| $14.9M | 0.01% |
80,673
+4,248
| +6% | +$847K |
|
Similar funds
Dimensional Fund Advisors's Q3 2022 Portfolio in Review
As of Q3 2022, Dimensional Fund Advisors held 3,606 positions worth $260B, down 6.6% from $279B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q3 2022 filing shows 143 new, 1,920 increased, 1,329 reduced and 119 closed positions. Its largest new stake was Yum China: 2,857,283 shares worth $135M. The largest sale was Dimensional Emerging Markets Core Equity 2 ETF, an estimated $941M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q3 2022 buy was Yum China: 2,857,283 shares worth $135M.
- Dimensional Fund Advisors added most to Meta Platforms (Facebook) in Q3 2022, an estimated $332M increase.
- Dimensional Fund Advisors's biggest Q3 2022 reduction was Apple, cutting an estimated $219M.
- Dimensional Fund Advisors fully exited Dimensional Emerging Markets Core Equity 2 ETF in Q3 2022, selling an estimated $941M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $260B portfolio in Q3 2022.
- Dimensional Fund Advisors opened 143 new positions and closed 119 in Q3 2022.
- Dimensional Fund Advisors's portfolio value fell 6.6% quarter-over-quarter to $260B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2022, filed 10 Nov 2022.