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 | 17.29% |
| 2 | Financials | 16.14% |
| 3 | Industrials | 13.23% |
| 4 | Consumer Discretionary | 10.82% |
| 5 | Healthcare | 10.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
Zentalis Pharmaceuticals
ZNTL
$332M
| $9.72M | ﹤0.01% |
484,319
+110,415
| +30% | +$2.8M |
|
2277
Innovative Industrial Properties
IIPR
$1.77B
| $9.71M | ﹤0.01% |
128,348
+51,902
| +68% | +$4.15M |
|
|
PLYM
2278
DELISTED
Plymouth Industrial REIT
PLYM
| $9.7M | ﹤0.01% |
463,187
+18,220
| +4% | +$410K |
|
2279
Haleon
HLN
$45.3B
| $9.6M | ﹤0.01% |
1,152,364
-26,818
| -2% | -$223K |
|
|
CDMO
2280
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $9.59M | ﹤0.01% |
1,015,323
-166,338
| -14% | -$2M |
|
|
FFNW
2281
DELISTED
First Financial Northwest, Inc
FFNW
| $9.57M | ﹤0.01% |
752,698
-8,125
| -1% | -$98.4K |
|
|
EVRI
2282
DELISTED
Everi Holdings
EVRI
| $9.57M | ﹤0.01% |
723,670
| – | – |
|
|
VMEO
2283
DELISTED
Vimeo
VMEO
| $9.54M | ﹤0.01% |
2,695,474
+856,450
| +47% | +$3.39M |
|
2284
Tactile Systems Technology
TCMD
$618M
| $9.54M | ﹤0.01% |
678,788
+180,127
| +36% | +$3.53M |
|
2285
Upwork
UPWK
$1.18B
| $9.52M | ﹤0.01% |
837,941
+607,594
| +264% | +$7.54M |
|
|
CFLT
2286
DELISTED
Confluent
CFLT
| $9.5M | ﹤0.01% |
320,763
+80,234
| +33% | +$2.69M |
|
2287
Paysafe
PSFE
$443M
| $9.47M | ﹤0.01% |
790,118
-139,761
| -15% | -$1.7M |
|
|
STER
2288
DELISTED
Sterling Check Corp. Common Stock
STER
| $9.42M | ﹤0.01% |
745,884
+421,299
| +130% | +$5.46M |
|
2289
Celldex Therapeutics
CLDX
$2.94B
| $9.39M | ﹤0.01% |
341,350
-112,284
| -25% | -$3.52M |
|
2290
Castle Biosciences
CSTL
$742M
| $9.38M | ﹤0.01% |
555,401
+65,818
| +13% | +$1.15M |
|
2291
Orrstown Financial Services
ORRF
$850M
| $9.38M | ﹤0.01% |
446,437
+14,618
| +3% | +$318K |
|
2292
Crawford & Co Class A
CRD.A
$542M
| $9.38M | ﹤0.01% |
1,004,104
-5
| -0% | -$50 |
|
2293
Vanda Pharmaceuticals
VNDA
$304M
| $9.35M | ﹤0.01% |
2,164,558
+215,175
| +11% | +$1.2M |
|
2294
Banco Santander Chile
BSAC
$16.1B
| $9.34M | ﹤0.01% |
508,806
+27,387
| +6% | +$527K |
|
2295
Elastic
ESTC
$6.7B
| $9.31M | ﹤0.01% |
114,616
+43,010
| +60% | +$2.93M |
|
2296
Metropolitan Bank Holding Corp
MCB
$1.15B
| $9.29M | ﹤0.01% |
256,035
-32,859
| -11% | -$1.34M |
|
2297
iRadimed
IRMD
$1.2B
| $9.27M | ﹤0.01% |
208,850
+10,634
| +5% | +$494K |
|
2298
NLI Holdings
NL
$289M
| $9.26M | ﹤0.01% |
1,949,308
-39,848
| -2% | -$212K |
|
2299
Orion Group Holdings
ORN
$368M
| $9.25M | ﹤0.01% |
1,725,174
-56,820
| -3% | -$225K |
|
2300
Arvinas
ARVN
$530M
| $9.22M | ﹤0.01% |
469,398
+256,689
| +121% | +$6.3M |
|
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.