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 |
Apple
AAPL
|
+$150M |
| 2 |
ExxonMobil
XOM
|
+$121M |
| 3 |
Visa
V
|
+$94.9M |
| 4 |
Columbia Banking Systems
COLB
|
+$94.4M |
| 5 |
GE HealthCare
GEHC
|
+$89.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$320M |
| 2 |
JPMorgan Chase
JPM
|
+$209M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$96.7M |
| 4 |
GE Aerospace
GE
|
+$89M |
| 5 |
ConocoPhillips
COP
|
+$88.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.82% |
| 2 | Financials | 16.13% |
| 3 | Industrials | 13.26% |
| 4 | Healthcare | 11.06% |
| 5 | Consumer Discretionary | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
RCM Technologies
RCMT
$201M
| $4.21M | ﹤0.01% |
363,855
-20,545
| -5% | -$271K |
|
2527
HBT Financial
HBT
$1.3B
| $4.2M | ﹤0.01% |
212,910
+55,306
| +35% | +$1.16M |
|
2528
American Public Education
APEI
$890M
| $4.2M | ﹤0.01% |
774,519
-39,786
| -5% | -$417K |
|
2529
Townsquare Media
TSQ
$106M
| $4.19M | ﹤0.01% |
523,271
-11,893
| -2% | -$90.5K |
|
2530
Descartes Systems
DSGX
$6.44B
| $4.16M | ﹤0.01% |
51,658
+6,237
| +14% | +$465K |
|
2531
Icon
ICLR
$12.6B
| $4.16M | ﹤0.01% |
19,510
| – | – |
|
2532
Ascent Industries
ACNT
$140M
| $4.16M | ﹤0.01% |
454,852
-11,855
| -3% | -$119K |
|
2533
Telefônica Brasil
VIV
$20.6B
| $4.16M | ﹤0.01% |
547,484
+41,490
| +8% | +$312K |
|
2534
Atara Biotherapeutics
ATRA
$75.5M
| $4.15M | ﹤0.01% |
57,286
+21,759
| +61% | +$2.11M |
|
2535
Remitly
RELY
$4.79B
| $4.14M | ﹤0.01% |
244,475
-6,966
| -3% | -$94.7K |
|
2536
F&G Annuities & Life
FG
$3.79B
| $4.14M | ﹤0.01% |
228,474
-17,423
| -7% | -$349K |
|
|
TBCH
2537
Turtle Beach Corp
TBCH
$243M
| $4.12M | ﹤0.01% |
410,946
+120,269
| +41% | +$1.02M |
|
2538
Acme United Corp
ACU
$217M
| $4.12M | ﹤0.01% |
179,030
-4,570
| -2% | -$108K |
|
|
NETI
2539
DELISTED
Eneti Inc.
NETI
| $4.11M | ﹤0.01% |
439,541
+236,259
| +116% | +$2.36M |
|
2540
Accuray
ARAY
$32M
| $4.1M | ﹤0.01% |
1,381,006
+92,390
| +7% | +$252K |
|
|
DZSI
2541
DELISTED
DZS Inc. Common Stock
DZSI
| $4.1M | ﹤0.01% |
519,301
+80,291
| +18% | +$893K |
|
2542
Banco Bradesco
BBD
$39.3B
| $4.09M | ﹤0.01% |
1,560,510
+12,719
| +0.8% | +$33.8K |
|
2543
Pure Cycle
PCYO
$253M
| $4.08M | ﹤0.01% |
432,077
+56,586
| +15% | +$521K |
|
2544
Ultragenyx Pharmaceutical
RARE
$2.45B
| $4.07M | ﹤0.01% |
101,414
-112,119
| -53% | -$4.81M |
|
2545
Kiniksa Pharmaceuticals
KNSA
$5.8B
| $4.06M | ﹤0.01% |
377,258
-15,533
| -4% | -$205K |
|
2546
Petco
WOOF
$797M
| $4.05M | ﹤0.01% |
449,840
+433,233
| +2,609% | +$4.48M |
|
|
CIO
2547
DELISTED
City Office REIT
CIO
| $4.05M | ﹤0.01% |
586,738
+3,799
| +0.7% | +$32.1K |
|
2548
Hamilton Beach Brands
HBB
$311M
| $4.03M | ﹤0.01% |
393,398
-12,589
| -3% | -$152K |
|
2549
QuantumScape Corp
QS
$3.21B
| $4.03M | ﹤0.01% |
492,690
-38,327
| -7% | -$311K |
|
|
INFA
2550
DELISTED
Informatica
INFA
| $4.02M | ﹤0.01% |
245,370
+233,295
| +1,932% | +$3.96M |
|
Similar funds
Dimensional Fund Advisors's Q1 2023 Portfolio in Review
As of Q1 2023, Dimensional Fund Advisors held 3,570 positions worth $297B, up 87,611% from $338M the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q1 2023 filing shows 79 new, 2,112 increased, 1,113 reduced and 109 closed positions. Its largest new stake was GE HealthCare: 1,253,762 shares worth $103M. The largest sale was Walmart Inc, an estimated $320M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 12% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q1 2023 buy was GE HealthCare: 1,253,762 shares worth $103M.
- Dimensional Fund Advisors added most to Apple in Q1 2023, an estimated $150M increase.
- Dimensional Fund Advisors's biggest Q1 2023 reduction was Walmart Inc, cutting an estimated $320M.
- Dimensional Fund Advisors fully exited Dimensional Emerging Markets Sustainability Core 1 ETF in Q1 2023, selling an estimated $11.3M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $297B portfolio in Q1 2023.
- Dimensional Fund Advisors opened 79 new positions and closed 109 in Q1 2023.
- Dimensional Fund Advisors's portfolio value rose 87,611% quarter-over-quarter to $297B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2023, filed 12 May 2023.