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 | |
|---|---|---|---|---|---|---|
1951
Central Pacific Financial
CPF
$962M
| $18.9M | 0.01% |
1,135,954
+118,807
| +12% | +$2.03M |
|
|
CCC
1952
CCC Intelligent Solutions
CCC
$3.89B
| $18.9M | 0.01% |
1,418,085
+864,161
| +156% | +$9.48M |
|
1953
SolarEdge
SEDG
$2.21B
| $18.9M | 0.01% |
145,721
-14,254
| -9% | -$2.73M |
|
1954
Sierra Bancorp
BSRR
$523M
| $18.8M | 0.01% |
993,283
-22,572
| -2% | -$444K |
|
|
PETQ
1955
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $18.8M | 0.01% |
954,175
+236,606
| +33% | +$4.23M |
|
|
XHR
1956
Xenia Hotels & Resorts
XHR
$1.63B
| $18.8M | 0.01% |
1,592,928
+5,705
| +0.4% | +$68.8K |
|
|
IMGN
1957
DELISTED
Immunogen Inc
IMGN
| $18.7M | 0.01% |
1,180,744
-8,475
| -0.7% | -$141K |
|
1958
Palomar
PLMR
$3.61B
| $18.7M | 0.01% |
369,087
+43,707
| +13% | +$2.39M |
|
|
DCPH
1959
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $18.7M | 0.01% |
1,469,244
+60,730
| +4% | +$838K |
|
1960
Unitil
UTL
$969M
| $18.7M | 0.01% |
436,812
-2,611
| -0.6% | -$128K |
|
1961
Northeast Bank
NBN
$1.13B
| $18.6M | 0.01% |
422,350
-19,243
| -4% | -$862K |
|
|
ETWO
1962
DELISTED
E2open Parent Holdings
ETWO
| $18.6M | 0.01% |
4,101,962
+1,385,930
| +51% | +$6.86M |
|
1963
Washington Trust Bancorp
WASH
$752M
| $18.6M | 0.01% |
705,775
-15,383
| -2% | -$439K |
|
1964
Waterstone Financial
WSBF
$371M
| $18.6M | 0.01% |
1,695,820
-80,882
| -5% | -$1.06M |
|
1965
Bar Harbor Bankshares
BHB
$676M
| $18.6M | 0.01% |
785,779
+36,761
| +5% | +$926K |
|
1966
Enact Holdings
ACT
$6.67B
| $18.6M | 0.01% |
681,604
+358,683
| +111% | +$9.97M |
|
1967
Tradeweb Markets
TW
$21.5B
| $18.5M | 0.01% |
231,024
+23,251
| +11% | +$1.85M |
|
1968
Arrowhead Research
ARWR
$9.57B
| $18.5M | 0.01% |
687,911
+333,516
| +94% | +$10.2M |
|
1969
Northrim BanCorp
NRIM
$567M
| $18.5M | 0.01% |
1,862,908
-25,920
| -1% | -$278K |
|
|
LTC
1970
LTC Properties
LTC
$2.34B
| $18.4M | 0.01% |
574,137
-3,446
| -0.6% | -$114K |
|
1971
Boston Omaha
BOC
$412M
| $18.4M | 0.01% |
1,121,789
+26,525
| +2% | +$476K |
|
1972
Hovnanian Enterprises
HOV
$694M
| $18.3M | 0.01% |
179,905
+2,800
| +2% | +$294K |
|
1973
Procore
PCOR
$7.86B
| $18.3M | 0.01% |
279,478
+134,330
| +93% | +$8.98M |
|
|
VRE
1974
DELISTED
Veris Residential
VRE
| $18.2M | 0.01% |
1,105,884
| – | – |
|
1975
Genie Energy
GNE
$431M
| $18.2M | 0.01% |
1,233,727
+24,366
| +2% | +$354K |
|
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.