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 | |
|---|---|---|---|---|---|---|
2226
The RMR Group
RMR
$325M
| $9.45K | ﹤0.01% |
334,577
+27,521
| +9% | +$748K |
|
2227
FuelCell Energy
FCEL
$1.73B
| $9.45K | ﹤0.01% |
113,294
-2,477
| -2% | -$239K |
|
|
GNTY
2228
DELISTED
Guaranty Bancshares
GNTY
| $9.45K | ﹤0.01% |
272,662
+4,394
| +2% | +$156K |
|
|
ONIT
2229
Onity Group
ONIT
$309M
| $9.41K | ﹤0.01% |
307,839
+17,921
| +6% | +$559K |
|
2230
Anterix
ATEX
$1.81B
| $9.36K | ﹤0.01% |
290,874
-13,337
| -4% | -$454K |
|
|
CATC
2231
DELISTED
CAMBRIDGE BANCORP
CATC
| $9.32K | ﹤0.01% |
112,248
+10,190
| +10% | +$872K |
|
2232
InterContinental Hotels
IHG
$23.9B
| $9.32K | ﹤0.01% |
159,762
+5,734
| +4% | +$320K |
|
2233
Levi Strauss
LEVI
$9.44B
| $9.32K | ﹤0.01% |
600,437
+75,201
| +14% | +$1.17M |
|
2234
Crinetics Pharmaceuticals
CRNX
$8.84B
| $9.31K | ﹤0.01% |
508,848
-27,222
| -5% | -$480K |
|
|
NTST
2235
NETSTREIT Corp
NTST
$2.09B
| $9.31K | ﹤0.01% |
507,890
+152,641
| +43% | +$2.85M |
|
|
CSII
2236
DELISTED
Cardiovascular Systems, Inc.
CSII
| $9.27K | ﹤0.01% |
680,539
+58,579
| +9% | +$816K |
|
|
CVLY
2237
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $9.26K | ﹤0.01% |
388,964
+5,020
| +1% | +$110K |
|
2238
First Bank
FRBA
$464M
| $9.25K | ﹤0.01% |
672,410
+13,316
| +2% | +$196K |
|
2239
Driven Brands
DRVN
$2.35B
| $9.25K | ﹤0.01% |
338,604
+289,754
| +593% | +$8.67M |
|
2240
3D Systems Corp
DDD
$431M
| $9.19K | ﹤0.01% |
1,241,467
+95,899
| +8% | +$841K |
|
2241
Kinross Gold
KGC
$27.4B
| $9.18K | ﹤0.01% |
2,243,470
-1,438,749
| -39% | -$5.69M |
|
|
FRGI
2242
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $9.17K | ﹤0.01% |
1,247,163
+6,293
| +0.5% | +$42.1K |
|
2243
Hallador Energy
HNRG
$670M
| $9.15K | ﹤0.01% |
915,954
+46,214
| +5% | +$381K |
|
2244
Alight
ALIT
$447M
| $9.14K | ﹤0.01% |
+54,650
| New | +$9.11M |
|
|
AMK
2245
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $9.12K | ﹤0.01% |
396,275
+24,733
| +7% | +$545K |
|
2246
ING
ING
$99.8B
| $9.08K | ﹤0.01% |
745,979
+5,322
| +0.7% | +$57.8K |
|
|
IVAC
2247
DELISTED
Intevac Inc
IVAC
| $9.06K | ﹤0.01% |
1,399,888
+18,475
| +1% | +$99K |
|
|
PDS
2248
Precision Drilling
PDS
$999M
| $9.01K | ﹤0.01% |
117,450
+23,311
| +25% | +$1.68M |
|
|
EHAB
2249
DELISTED
Enhabit
EHAB
| $9K | ﹤0.01% |
684,167
-3,927
| -0.6% | -$52.4K |
|
|
QVCGA
2250
DELISTED
QVC Group Inc Series A
QVCGA
| $8.98K | ﹤0.01% |
110,212
-93,472
| -46% | -$9.53M |
|
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.