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 | |
|---|---|---|---|---|---|---|
2401
Saga Communications
SGA
$54.9M
| $7.21M | ﹤0.01% |
336,138
+3,460
| +1% | +$73.3K |
|
2402
Tredegar Corp
TG
$260M
| $7.21M | ﹤0.01% |
1,332,822
-428,074
| -24% | -$2.5M |
|
|
CVLY
2403
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $7.17M | ﹤0.01% |
384,800
-4,267
| -1% | -$87.2K |
|
2404
RBB Bancorp
RBB
$448M
| $7.15M | ﹤0.01% |
559,185
-22,660
| -4% | -$308K |
|
2405
Geospace Technologies
GEOS
$84M
| $7.1M | ﹤0.01% |
548,275
-7,636
| -1% | -$72.1K |
|
2406
Inspire Medical Systems
INSP
$1.47B
| $7.1M | ﹤0.01% |
35,755
+250
| +0.7% | +$63.1K |
|
|
OBE
2407
Obsidian Energy
OBE
$656M
| $7.09M | ﹤0.01% |
860,521
+211,964
| +33% | +$1.48M |
|
2408
PetMed Express
PETS
$42.3M
| $7.08M | ﹤0.01% |
690,469
-85,522
| -11% | -$1.06M |
|
2409
Twin Disc
TWIN
$321M
| $7.03M | ﹤0.01% |
512,714
-14,084
| -3% | -$182K |
|
2410
Cooper-Standard Automotive
CPS
$517M
| $7.03M | ﹤0.01% |
523,919
-40,276
| -7% | -$639K |
|
|
KRTX
2411
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $7.03M | ﹤0.01% |
41,557
-22,207
| -35% | -$4.18M |
|
2412
Escalade
ESCA
$271M
| $7.01M | ﹤0.01% |
457,872
-1,611
| -0.4% | -$23.5K |
|
2413
Superior Group of Companies
SGC
$199M
| $6.98M | ﹤0.01% |
897,493
-48,253
| -5% | -$418K |
|
2414
Graham Corp
GHM
$1.03B
| $6.96M | ﹤0.01% |
419,000
+13,735
| +3% | +$208K |
|
2415
Climb Global Solutions
CLMB
$528M
| $6.94M | ﹤0.01% |
645,628
-6,188
| -0.9% | -$68.3K |
|
2416
eHealth
EHTH
$41.9M
| $6.92M | ﹤0.01% |
934,756
+184,039
| +25% | +$1.45M |
|
2417
Opko Health
OPK
$1.02B
| $6.9M | ﹤0.01% |
4,313,492
+559,202
| +15% | +$1.02M |
|
2418
Eastern Company
EML
$145M
| $6.89M | ﹤0.01% |
379,427
-7,459
| -2% | -$136K |
|
|
TRUE
2419
DELISTED
TrueCar
TRUE
| $6.84M | ﹤0.01% |
3,302,956
-173,881
| -5% | -$399K |
|
2420
Accel Entertainment
ACEL
$1B
| $6.84M | ﹤0.01% |
624,391
+412,213
| +194% | +$4.6M |
|
2421
Vir Biotechnology
VIR
$1.46B
| $6.82M | ﹤0.01% |
727,615
-295,124
| -29% | -$4.21M |
|
2422
Parke Bancorp
PKBK
$397M
| $6.81M | ﹤0.01% |
418,337
+47,963
| +13% | +$841K |
|
|
OPTU
2423
Optimum Communications Inc
OPTU
$298M
| $6.79M | ﹤0.01% |
2,076,085
+24,300
| +1% | +$78.4K |
|
2424
Mid Penn Bancorp
MPB
$973M
| $6.78M | ﹤0.01% |
336,649
+51,756
| +18% | +$1.15M |
|
|
GOOD
2425
Gladstone Commercial Corp
GOOD
$623M
| $6.78M | ﹤0.01% |
557,268
+17,286
| +3% | +$227K |
|
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.