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 | |
|---|---|---|---|---|---|---|
|
EWCZ
2301
DELISTED
European Wax Center
EWCZ
| $9.21M | ﹤0.01% |
568,370
+85,931
| +18% | +$1.55M |
|
2302
Phibro Animal Health
PAHC
$1.5B
| $9.2M | ﹤0.01% |
720,195
+42,535
| +6% | +$603K |
|
|
GNTY
2303
DELISTED
Guaranty Bancshares
GNTY
| $9.15M | ﹤0.01% |
319,032
+18,521
| +6% | +$546K |
|
2304
Televisa
TV
$1.49B
| $9.15M | ﹤0.01% |
2,998,457
-37,975
| -1% | -$167K |
|
|
SBOW
2305
DELISTED
SilverBow Resources, Inc.
SBOW
| $9.15M | ﹤0.01% |
255,664
+178,757
| +232% | +$6.52M |
|
2306
Cato Corp
CATO
$65.7M
| $9.13M | ﹤0.01% |
1,192,088
-101,266
| -8% | -$807K |
|
|
PDS
2307
Precision Drilling
PDS
$940M
| $9.13M | ﹤0.01% |
136,029
+27,681
| +26% | +$1.76M |
|
|
MPX
2308
DELISTED
Marine Products Corp
MPX
| $9.13M | ﹤0.01% |
642,260
+17,557
| +3% | +$275K |
|
2309
GitLab
GTLB
$5.75B
| $9.12M | ﹤0.01% |
201,827
+155,176
| +333% | +$7.43M |
|
2310
Atlanta Braves Holdings Series A
BATRA
$3.51B
| $9.12M | ﹤0.01% |
+233,407
| New | +$9.89M |
|
2311
Pitney Bowes
PBI
$2.39B
| $9.11M | ﹤0.01% |
3,017,081
+53,736
| +2% | +$184K |
|
2312
Kymera Therapeutics
KYMR
$8.66B
| $9.11M | ﹤0.01% |
655,227
-185,711
| -22% | -$3.73M |
|
|
ONIT
2313
Onity Group
ONIT
$342M
| $9.1M | ﹤0.01% |
351,629
+8,330
| +2% | +$250K |
|
2314
Intapp
INTA
$2.44B
| $9.07M | ﹤0.01% |
270,459
+230,370
| +575% | +$8.41M |
|
2315
Smith & Nephew
SNN
$13.7B
| $9.06M | ﹤0.01% |
365,621
+34,891
| +11% | +$980K |
|
2316
Business First Bancshares
BFST
$1.05B
| $9.05M | ﹤0.01% |
482,503
+44,928
| +10% | +$839K |
|
2317
Tenaris
TS
$28.2B
| $9.04M | ﹤0.01% |
286,043
-47,724
| -14% | -$1.54M |
|
2318
Citizens & Northern Corp
CZNC
$449M
| $9.01M | ﹤0.01% |
513,225
+21,413
| +4% | +$414K |
|
|
EBTC
2319
DELISTED
Enterprise Bancorp
EBTC
| $8.97M | ﹤0.01% |
327,631
+15,055
| +5% | +$440K |
|
2320
Vita Coco
COCO
$3.86B
| $8.96M | ﹤0.01% |
344,087
+195,509
| +132% | +$5.22M |
|
|
FFWM
2321
DELISTED
First Foundation Inc
FFWM
| $8.96M | ﹤0.01% |
1,473,697
-237,852
| -14% | -$1.57M |
|
|
ONTF
2322
DELISTED
ON24
ONTF
| $8.9M | ﹤0.01% |
1,406,426
+368,097
| +35% | +$2.71M |
|
2323
Payoneer
PAYO
$2.41B
| $8.86M | ﹤0.01% |
+1,447,789
| New | +$8.16M |
|
|
INN
2324
Summit Hotel Properties
INN
$766M
| $8.84M | ﹤0.01% |
1,523,457
+22,018
| +1% | +$131K |
|
2325
Compass
COMP
$8.67B
| $8.81M | ﹤0.01% |
3,035,744
+621,296
| +26% | +$2.2M |
|
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.