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 | |
|---|---|---|---|---|---|---|
2376
BioLife Solutions
BLFS
$1.54B
| $7.71M | ﹤0.01% |
558,606
-77,996
| -12% | -$1.23M |
|
|
CWBC
2377
Community West Bancshares
CWBC
$685M
| $7.69M | ﹤0.01% |
545,322
-23,649
| -4% | -$363K |
|
|
ITOS
2378
DELISTED
iTeos Therapeutics
ITOS
| $7.68M | ﹤0.01% |
700,953
+122,304
| +21% | +$1.56M |
|
2379
Legacy Housing
LEGH
$629M
| $7.67M | ﹤0.01% |
394,949
+85,459
| +28% | +$1.88M |
|
2380
Destination XL Group
DXLG
$32.9M
| $7.57M | ﹤0.01% |
1,689,899
+268,995
| +19% | +$1.26M |
|
|
BFIN
2381
DELISTED
BankFinancial
BFIN
| $7.56M | ﹤0.01% |
877,035
-42,271
| -5% | -$365K |
|
|
BFS
2382
Saul Centers
BFS
$858M
| $7.55M | ﹤0.01% |
214,093
+948
| +0.4% | +$35.4K |
|
2383
Nurix Therapeutics
NRIX
$2.45B
| $7.53M | ﹤0.01% |
958,043
+180,531
| +23% | +$1.65M |
|
2384
Southern First Bancshares
SFST
$581M
| $7.52M | ﹤0.01% |
279,222
-15,624
| -5% | -$434K |
|
2385
Warby Parker
WRBY
$3.19B
| $7.51M | ﹤0.01% |
570,751
+305,067
| +115% | +$3.96M |
|
2386
ACNB Corp
ACNB
$646M
| $7.49M | ﹤0.01% |
237,057
+11,817
| +5% | +$391K |
|
2387
Immersion
IMMR
$243M
| $7.45M | ﹤0.01% |
1,127,477
+88,818
| +9% | +$619K |
|
2388
Sportsman's Warehouse
SPWH
$44.9M
| $7.45M | ﹤0.01% |
1,659,254
-602,443
| -27% | -$3.11M |
|
2389
Cardlytics
CDLX
$22.2M
| $7.45M | ﹤0.01% |
45,128
+43,326
| +2,404% | +$5.63M |
|
|
HA
2390
DELISTED
Hawaiian Holdings, Inc.
HA
| $7.4M | ﹤0.01% |
1,169,555
-128,548
| -10% | -$1.22M |
|
2391
Friedman Industries
FRD
$248M
| $7.39M | ﹤0.01% |
551,536
+15,083
| +3% | +$219K |
|
2392
IAMGOLD
IAG
$8.05B
| $7.39M | ﹤0.01% |
3,435,405
+259,013
| +8% | +$638K |
|
2393
Hawaiian Electric Industries
HE
$2.26B
| $7.37M | ﹤0.01% |
598,820
-686,968
| -53% | -$16.7M |
|
|
WW
2394
DELISTED
WW International
WW
| $7.36M | ﹤0.01% |
665,033
+307,393
| +86% | +$3.02M |
|
|
PLL
2395
DELISTED
Piedmont Lithium
PLL
| $7.33M | ﹤0.01% |
184,624
+88,679
| +92% | +$4.31M |
|
|
FINV
2396
FinVolution Group
FINV
$1.17B
| $7.32M | ﹤0.01% |
1,470,710
-19,040
| -1% | -$99.6K |
|
2397
South Plains Financial
SPFI
$850M
| $7.32M | ﹤0.01% |
276,959
+45,303
| +20% | +$1.17M |
|
2398
Liberty Global Class C
LBTYK
$3.5B
| $7.31M | ﹤0.01% |
393,961
-2,928
| -0.7% | -$56.3K |
|
|
ESSA
2399
DELISTED
ESSA Bancorp
ESSA
| $7.3M | ﹤0.01% |
486,064
-2,358
| -0.5% | -$37.5K |
|
2400
Cullinan Oncology
CGEM
$1.06B
| $7.23M | ﹤0.01% |
798,716
+276,049
| +53% | +$2.87M |
|
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.