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 |
ExxonMobil
XOM
|
+$272M |
| 2 |
Chevron
CVX
|
+$206M |
| 3 |
Tesla
TSLA
|
+$153M |
| 4 |
NVIDIA
NVDA
|
+$143M |
| 5 |
Pfizer
PFE
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$242M |
| 2 |
First Solar
FSLR
|
+$153M |
| 3 |
Walmart Inc
WMT
|
+$133M |
| 4 |
Steel Dynamics
STLD
|
+$115M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.92% |
| 2 | Financials | 15.55% |
| 3 | Industrials | 13.68% |
| 4 | Consumer Discretionary | 11.04% |
| 5 | Healthcare | 10.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MACK
2476
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $5.66M | ﹤0.01% |
459,960
-6,180
| -1% | -$77.3K |
|
2477
Amplify Energy
AMPY
$164M
| $5.64M | ﹤0.01% |
832,853
+288,742
| +53% | +$2.01M |
|
2478
Sutro Biopharma
STRO
$425M
| $5.63M | ﹤0.01% |
121,179
+3,859
| +3% | +$192K |
|
2479
AB InBev
BUD
$167B
| $5.63M | ﹤0.01% |
99,328
-12,586
| -11% | -$761K |
|
|
PCTI
2480
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $5.63M | ﹤0.01% |
1,174,571
-3,979
| -0.3% | -$18.7K |
|
2481
Cullinan Oncology
CGEM
$1.08B
| $5.62M | ﹤0.01% |
522,667
+176,448
| +51% | +$1.87M |
|
2482
Daily Journal
DJCO
$827M
| $5.6M | ﹤0.01% |
19,360
+650
| +3% | +$184K |
|
2483
Peoples Financial Services
PFIS
$721M
| $5.6M | ﹤0.01% |
127,854
+5,333
| +4% | +$217K |
|
|
USAP
2484
DELISTED
Universal Stainless & Alloy
USAP
| $5.59M | ﹤0.01% |
398,755
-60,063
| -13% | -$638K |
|
2485
Innovative Industrial Properties
IIPR
$1.75B
| $5.58M | ﹤0.01% |
+76,446
| New | +$5.38M |
|
|
IVAC
2486
DELISTED
Intevac Inc
IVAC
| $5.56M | ﹤0.01% |
1,483,025
-13,299
| -0.9% | -$71.3K |
|
2487
Bel Fuse Inc Class A
BELFA
$3.45B
| $5.54M | ﹤0.01% |
95,054
-1,970
| -2% | -$89.5K |
|
|
PLL
2488
DELISTED
Piedmont Lithium
PLL
| $5.54M | ﹤0.01% |
+95,945
| New | +$5.49M |
|
2489
SAP
SAP
$226B
| $5.52M | ﹤0.01% |
40,347
+2,470
| +7% | +$327K |
|
|
UBFO
2490
DELISTED
United Security Bancshares
UBFO
| $5.5M | ﹤0.01% |
825,405
-38,112
| -4% | -$237K |
|
2491
Bridgewater Bancshares
BWB
$584M
| $5.49M | ﹤0.01% |
556,936
-69,026
| -11% | -$664K |
|
2492
Korea Electric Power
KEP
$15.8B
| $5.46M | ﹤0.01% |
705,615
-55,050
| -7% | -$395K |
|
|
INFN
2493
DELISTED
Infinera Corporation Common Stock
INFN
| $5.44M | ﹤0.01% |
1,126,115
+716,230
| +175% | +$3.94M |
|
2494
United Microelectronic
UMC
$51.7B
| $5.43M | ﹤0.01% |
688,546
+4,134
| +0.6% | +$34.1K |
|
2495
argenx
ARGX
$52.8B
| $5.43M | ﹤0.01% |
13,927
+235
| +2% | +$92.4K |
|
2496
Axogen
AXGN
$2.47B
| $5.41M | ﹤0.01% |
592,362
+10,363
| +2% | +$96.6K |
|
2497
Banco Bradesco
BBD
$37.9B
| $5.4M | ﹤0.01% |
1,564,945
+4,435
| +0.3% | +$13.7K |
|
2498
Graham Corp
GHM
$1.23B
| $5.38M | ﹤0.01% |
405,265
+18,326
| +5% | +$231K |
|
|
VTYX
2499
DELISTED
Ventyx Biosciences
VTYX
| $5.38M | ﹤0.01% |
+164,047
| New | +$5.65M |
|
|
CONN
2500
DELISTED
Conn's Inc.
CONN
| $5.38M | ﹤0.01% |
1,453,750
-178,905
| -11% | -$810K |
|
Similar funds
Dimensional Fund Advisors's Q2 2023 Portfolio in Review
As of Q2 2023, Dimensional Fund Advisors held 3,572 positions worth $314B, up 5.7% from $297B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Dimensional Fund Advisors's Q2 2023 filing shows 111 new, 1,840 increased, 1,366 reduced and 91 closed positions. Its largest new stake was Knife River: 1,268,239 shares worth $55.2M. The largest sale was Apple, an estimated $242M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2023 buy was Knife River: 1,268,239 shares worth $55.2M.
- Dimensional Fund Advisors added most to ExxonMobil in Q2 2023, an estimated $272M increase.
- Dimensional Fund Advisors's biggest Q2 2023 reduction was Apple, cutting an estimated $242M.
- Dimensional Fund Advisors fully exited Maxar Technologies Inc. Common Stock in Q2 2023, selling an estimated $102M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $314B portfolio in Q2 2023.
- Dimensional Fund Advisors opened 111 new positions and closed 91 in Q2 2023.
- Dimensional Fund Advisors's portfolio value rose 5.7% quarter-over-quarter to $314B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2023, filed 9 Aug 2023.