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 |
Prologis
PLD
|
+$275M |
| 2 |
U-Haul Holding Co Series N
UHAL.B
|
+$252M |
| 3 |
Apple
AAPL
|
+$127M |
| 4 |
FLG
Flagstar Bank National Association
FLG
|
+$122M |
| 5 |
Shell
SHEL
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$260M |
| 2 |
U-Haul Holding Co
UHAL
|
+$257M |
| 3 |
Walmart Inc
WMT
|
+$158M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$154M |
| 5 |
Antero Resources
AR
|
+$153M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.11% |
| 2 | Technology | 12.45% |
| 3 | Industrials | 10.99% |
| 4 | Healthcare | 9.96% |
| 5 | Consumer Discretionary | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AKRO
1976
DELISTED
Akero Therapeutics
AKRO
| $15.9K | ﹤0.01% |
290,606
-785
| -0.3% | -$33.6K |
|
1977
CrowdStrike
CRWD
$194B
| $15.9K | ﹤0.01% |
604,928
+17,820
| +3% | +$610K |
|
1978
Distribution Solutions Group
DSGR
$1.6B
| $15.9K | ﹤0.01% |
863,396
-46,456
| -5% | -$780K |
|
1979
STAAR Surgical
STAA
$1.21B
| $15.9K | ﹤0.01% |
327,003
-32,215
| -9% | -$2.02M |
|
|
PRMW
1980
DELISTED
Primo Water Corporation
PRMW
| $15.9K | ﹤0.01% |
1,020,920
+18,762
| +2% | +$273K |
|
1981
Relay Therapeutics
RLAY
$4.1B
| $15.8K | ﹤0.01% |
1,058,543
+422,936
| +67% | +$8.1M |
|
1982
MasterBrand
MBC
$1.06B
| $15.7K | ﹤0.01% |
+2,083,897
| New | +$17.1M |
|
1983
Universal Electronics
UEIC
$57.8M
| $15.7K | ﹤0.01% |
755,758
+6,832
| +0.9% | +$142K |
|
|
BPMC
1984
DELISTED
Blueprint Medicines
BPMC
| $15.7K | ﹤0.01% |
357,731
-76,725
| -18% | -$3.68M |
|
|
RUTH
1985
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $15.7K | ﹤0.01% |
1,011,488
+8,438
| +0.8% | +$148K |
|
1986
Transmedics
TMDX
$2.64B
| $15.6K | ﹤0.01% |
252,855
-1,328
| -0.5% | -$70.6K |
|
1987
STMicroelectronics
STM
$46.7B
| $15.6K | ﹤0.01% |
437,297
+98,336
| +29% | +$3.47M |
|
1988
Denali Therapeutics
DNLI
$3.65B
| $15.5K | ﹤0.01% |
558,258
-51,581
| -8% | -$1.53M |
|
1989
Hingham Institution for Saving
HIFS
$627M
| $15.5K | ﹤0.01% |
56,139
+1,763
| +3% | +$465K |
|
|
CNSL
1990
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $15.5K | ﹤0.01% |
4,322,341
-194,058
| -4% | -$861K |
|
1991
Utah Medical Products
UTMD
$225M
| $15.4K | ﹤0.01% |
153,368
+445
| +0.3% | +$40.6K |
|
1992
DoubleVerify
DV
$1.73B
| $15.4K | ﹤0.01% |
701,520
+222,781
| +47% | +$5.8M |
|
|
PDM
1993
Piedmont Realty Trust
PDM
$1.21B
| $15.4K | ﹤0.01% |
1,677,016
-314,431
| -16% | -$3.11M |
|
|
FARO
1994
DELISTED
Faro Technologies
FARO
| $15.3K | ﹤0.01% |
521,516
+2,151
| +0.4% | +$63.9K |
|
|
CIR
1995
DELISTED
CIRCOR International, Inc
CIR
| $15.3K | ﹤0.01% |
639,155
-45,150
| -7% | -$1.01M |
|
|
AGR
1996
DELISTED
Avangrid, Inc.
AGR
| $15.3K | ﹤0.01% |
356,004
-4,562
| -1% | -$189K |
|
1997
Civista Bancshares
CIVB
$604M
| $15.3K | ﹤0.01% |
695,018
+22,087
| +3% | +$498K |
|
|
MODN
1998
DELISTED
MODEL N, INC.
MODN
| $15.3K | ﹤0.01% |
376,716
-3,872
| -1% | -$146K |
|
|
SRDX
1999
DELISTED
Surmodics
SRDX
| $15.1K | ﹤0.01% |
443,121
-7,346
| -2% | -$246K |
|
2000
Dine Brands
DIN
$456M
| $15.1K | ﹤0.01% |
233,317
+33,886
| +17% | +$2.36M |
|
Similar funds
Dimensional Fund Advisors's Q4 2022 Portfolio in Review
As of Q4 2022, Dimensional Fund Advisors held 3,580 positions worth $338M, down 100% from $260B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Dimensional Fund Advisors withdrew a net $2.24B in Q4 2022, closing 89 positions and reducing 1,331 holdings. Its most notable exit was Duke Realty Corp., an estimated $260M position sold in full.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 18% a quarter earlier, followed by Technology and Industrials.
Against the trend, Dimensional Fund Advisors opened a new position in U-Haul Holding Co Series N worth $239K.
- Dimensional Fund Advisors's largest Q4 2022 buy was U-Haul Holding Co Series N: 4,345,763 shares worth $239K.
- Dimensional Fund Advisors added most to Prologis in Q4 2022, an estimated $275M increase.
- Dimensional Fund Advisors's biggest Q4 2022 reduction was U-Haul Holding Co, cutting an estimated $257M.
- Dimensional Fund Advisors fully exited Duke Realty Corp. in Q4 2022, selling an estimated $260M.
- Dimensional Fund Advisors's ten largest holdings make up 20% of its $338M portfolio in Q4 2022.
- Dimensional Fund Advisors opened 92 new positions and closed 89 in Q4 2022.
- Dimensional Fund Advisors's portfolio value fell 100% quarter-over-quarter to $338M.
Based on Dimensional Fund Advisors's 13F filing for Q4 2022, filed 9 Feb 2023.