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 | |
|---|---|---|---|---|---|---|
2076
York Water
YORW
$537M
| $14.8M | ﹤0.01% |
393,826
-548
| -0.1% | -$22.4K |
|
2077
Sweetgreen
SG
$814M
| $14.7M | ﹤0.01% |
1,252,985
+785,313
| +168% | +$10.9M |
|
2078
Grupo Aeroportuario del Sureste
ASR
$7.34B
| $14.7M | ﹤0.01% |
59,779
+12,713
| +27% | +$3.44M |
|
2079
Astronics
ATRO
$2.77B
| $14.7M | ﹤0.01% |
1,111,232
-50,507
| -4% | -$759K |
|
2080
Xenon Pharmaceuticals
XENE
$5.52B
| $14.6M | ﹤0.01% |
427,125
+165,018
| +63% | +$6.17M |
|
2081
Nomura Holdings
NMR
$30B
| $14.5M | ﹤0.01% |
3,617,078
-83,123
| -2% | -$331K |
|
|
DOCU
2082
DocuSign
DOCU
$13.2B
| $14.5M | ﹤0.01% |
345,693
+92,868
| +37% | +$4.55M |
|
2083
Janus International
JBI
$610M
| $14.5M | ﹤0.01% |
1,356,092
+361,381
| +36% | +$3.98M |
|
2084
Centrus Energy
LEU
$3.07B
| $14.4M | ﹤0.01% |
254,393
+26,850
| +12% | +$1.16M |
|
|
MOMO
2085
Hello Group
MOMO
$710M
| $14.4M | ﹤0.01% |
2,068,280
-96,040
| -4% | -$883K |
|
2086
Park-Ohio Holdings
PKOH
$665M
| $14.4M | ﹤0.01% |
724,862
-3,674
| -0.5% | -$69.3K |
|
2087
DigitalOcean
DOCN
$15.7B
| $14.3M | ﹤0.01% |
594,006
+243,064
| +69% | +$8.61M |
|
2088
DMC Global
BOOM
$129M
| $14.2M | ﹤0.01% |
581,896
+60,888
| +12% | +$1.32M |
|
2089
Xperi
XPER
$270M
| $14.1M | ﹤0.01% |
1,433,421
-1,845
| -0.1% | -$21.8K |
|
2090
Grid Dynamics Holdings
GDYN
$664M
| $14.1M | ﹤0.01% |
1,158,723
+359,461
| +45% | +$3.99M |
|
2091
Simulations Plus
SLP
$373M
| $14M | ﹤0.01% |
335,278
+19,471
| +6% | +$883K |
|
2092
Biglari Holdings Class B
BH
$1.12B
| $14M | ﹤0.01% |
84,180
-618
| -0.7% | -$116K |
|
|
MCBC
2093
DELISTED
Macatawa Bank Corp
MCBC
| $13.9M | ﹤0.01% |
1,546,782
+7,472
| +0.5% | +$69.8K |
|
2094
Chunghwa Telecom
CHT
$35.6B
| $13.8M | ﹤0.01% |
384,960
+22,066
| +6% | +$808K |
|
2095
CAE Inc
CAE
$7.82B
| $13.8M | ﹤0.01% |
592,263
-1,075
| -0.2% | -$24.9K |
|
2096
Plug Power
PLUG
$3.02B
| $13.8M | ﹤0.01% |
1,818,023
+370,411
| +26% | +$3.62M |
|
|
LOVE
2097
LoveSac
LOVE
$210M
| $13.8M | ﹤0.01% |
692,210
+103,667
| +18% | +$2.56M |
|
2098
Weyerhaeuser
WY
$15.7B
| $13.8M | ﹤0.01% |
449,486
-464
| -0.1% | -$15.3K |
|
2099
Utah Medical Products
UTMD
$237M
| $13.8M | ﹤0.01% |
159,916
+4,789
| +3% | +$442K |
|
2100
Privia Health
PRVA
$2.6B
| $13.7M | ﹤0.01% |
596,180
+9,682
| +2% | +$246K |
|
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.