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 | |
|---|---|---|---|---|---|---|
2351
Harvard Bioscience
HBIO
$27.6M
| $8.32M | ﹤0.01% |
193,397
+11,634
| +6% | +$537K |
|
2352
WPP
WPP
$4.67B
| $8.31M | ﹤0.01% |
186,385
-3,502
| -2% | -$175K |
|
2353
Carter Bankshares
CARE
$765M
| $8.3M | ﹤0.01% |
662,533
+122,042
| +23% | +$1.75M |
|
|
LBC
2354
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $8.3M | ﹤0.01% |
988,084
+55,869
| +6% | +$519K |
|
2355
American Outdoor Brands
AOUT
$158M
| $8.25M | ﹤0.01% |
843,467
-23,269
| -3% | -$217K |
|
|
ROVR
2356
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $8.23M | ﹤0.01% |
1,315,363
+958,360
| +268% | +$5.72M |
|
2357
The RMR Group
RMR
$335M
| $8.21M | ﹤0.01% |
334,956
-4,500
| -1% | -$108K |
|
2358
Embecta
EMBC
$218M
| $8.21M | ﹤0.01% |
545,564
-264,402
| -33% | -$4.96M |
|
2359
Braze
BRZE
$3.02B
| $8.2M | ﹤0.01% |
175,561
+16,763
| +11% | +$737K |
|
2360
Ramaco Resources Class A
METC
$629M
| $8.19M | ﹤0.01% |
770,330
+470,265
| +157% | +$3.94M |
|
2361
Rocky Brands
RCKY
$368M
| $8.15M | ﹤0.01% |
554,585
-24,306
| -4% | -$460K |
|
2362
First Bank
FRBA
$470M
| $8.06M | ﹤0.01% |
747,421
+70,435
| +10% | +$815K |
|
|
BLDP
2363
Ballard Power Systems
BLDP
$754M
| $8.06M | ﹤0.01% |
2,194,928
+220,445
| +11% | +$945K |
|
2364
Vital Farms
VITL
$586M
| $8.05M | ﹤0.01% |
695,174
-62,680
| -8% | -$722K |
|
2365
Aldeyra Therapeutics
ALDX
$97.1M
| $8.05M | ﹤0.01% |
1,205,024
+79,379
| +7% | +$589K |
|
2366
Pangaea Logistics
PANL
$484M
| $8.04M | ﹤0.01% |
1,367,128
+100,005
| +8% | +$623K |
|
2367
Riverview Bancorp
RVSB
$107M
| $8.01M | ﹤0.01% |
1,439,837
-60,536
| -4% | -$342K |
|
|
UHT
2368
Universal Health Realty Income Trust
UHT
$621M
| $7.92M | ﹤0.01% |
195,896
+4,248
| +2% | +$197K |
|
2369
argenx
ARGX
$55.2B
| $7.9M | ﹤0.01% |
16,059
+2,132
| +15% | +$1.04M |
|
2370
Portillo's
PTLO
$345M
| $7.85M | ﹤0.01% |
509,957
+355,444
| +230% | +$6.94M |
|
2371
Primis Financial Corp
FRST
$399M
| $7.84M | ﹤0.01% |
962,016
-101,861
| -10% | -$899K |
|
|
XRN
2372
Chiron Real Estate Inc
XRN
$535M
| $7.84M | ﹤0.01% |
174,709
+2,744
| +2% | +$132K |
|
2373
Navitas Semiconductor
NVTS
$2.54B
| $7.77M | ﹤0.01% |
1,117,795
+1,100,203
| +6,254% | +$9.74M |
|
2374
Esquire Financial Holdings
ESQ
$1.14B
| $7.75M | ﹤0.01% |
169,515
+10,219
| +6% | +$486K |
|
2375
SIGA Technologies
SIGA
$240M
| $7.73M | ﹤0.01% |
1,471,967
+336,905
| +30% | +$1.66M |
|
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.