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 | |
|---|---|---|---|---|---|---|
2551
AmeriServ Financial
ASRV
$77.5M
| $4M | ﹤0.01% |
1,310,472
-1,882
| -0.1% | -$7.26K |
|
2552
Hawthorn Bancshares
HWBK
$269M
| $3.98M | ﹤0.01% |
176,908
-6,707
| -4% | -$154K |
|
2553
Madrigal Pharmaceuticals
MDGL
$10.8B
| $3.95M | ﹤0.01% |
16,301
+3,222
| +25% | +$878K |
|
2554
Kodiak Sciences
KOD
$2.6B
| $3.95M | ﹤0.01% |
636,701
+50,089
| +9% | +$351K |
|
2555
eHealth
EHTH
$42.2M
| $3.92M | ﹤0.01% |
419,124
+201,594
| +93% | +$1.59M |
|
2556
Geospace Technologies
GEOS
$94.6M
| $3.92M | ﹤0.01% |
556,275
+11,635
| +2% | +$64.5K |
|
2557
Northern Technologies International Corp
NTIC
$76.2M
| $3.92M | ﹤0.01% |
331,175
-9,058
| -3% | -$115K |
|
2558
Ultralife
ULBI
$86.4M
| $3.9M | ﹤0.01% |
970,915
-39,732
| -4% | -$160K |
|
|
BCOV
2559
DELISTED
Brightcove, Inc.
BCOV
| $3.9M | ﹤0.01% |
875,296
+78,452
| +10% | +$438K |
|
|
TTSH
2560
DELISTED
Tile Shop Holdings
TTSH
| $3.88M | ﹤0.01% |
827,352
+209,839
| +34% | +$1.05M |
|
|
SCX
2561
DELISTED
The L.S. Starrett Company
SCX
| $3.87M | ﹤0.01% |
344,687
-2,000
| -0.6% | -$19.5K |
|
|
OBE
2562
Obsidian Energy
OBE
$716M
| $3.87M | ﹤0.01% |
605,230
+136,007
| +29% | +$885K |
|
2563
Epsilon Energy
EPSN
$169M
| $3.86M | ﹤0.01% |
722,971
+187,115
| +35% | +$1.07M |
|
|
VLRS
2564
Controladora Vuela Compania de Aviacion
VLRS
$900M
| $3.85M | ﹤0.01% |
309,640
| – | – |
|
|
CTLP
2565
DELISTED
Cantaloupe
CTLP
| $3.84M | ﹤0.01% |
674,212
+180,569
| +37% | +$962K |
|
2566
Rimini Street
RMNI
$449M
| $3.82M | ﹤0.01% |
927,082
+157,358
| +20% | +$709K |
|
|
ASAI
2567
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $3.82M | ﹤0.01% |
247,801
+51,011
| +26% | +$901K |
|
2568
Vaalco Energy
EGY
$570M
| $3.81M | ﹤0.01% |
840,954
-366,386
| -30% | -$1.67M |
|
2569
Nexa Resources
NEXA
$1.7B
| $3.79M | ﹤0.01% |
603,649
-13,456
| -2% | -$87.1K |
|
|
AC
2570
DELISTED
Associated Capital Group
AC
| $3.79M | ﹤0.01% |
102,516
+6,816
| +7% | +$254K |
|
2571
Amplify Energy
AMPY
$161M
| $3.74M | ﹤0.01% |
544,111
+231,759
| +74% | +$1.9M |
|
2572
Equinor
EQNR
$97.7B
| $3.74M | ﹤0.01% |
131,452
-7,598
| -5% | -$229K |
|
2573
Vista Energy
VIST
$7.84B
| $3.73M | ﹤0.01% |
187,946
-1,824
| -1% | -$31.2K |
|
2574
BGSF Inc
BGSF
$59.5M
| $3.73M | ﹤0.01% |
349,932
+21,849
| +7% | +$305K |
|
2575
Willdan Group
WLDN
$1.04B
| $3.72M | ﹤0.01% |
238,271
+7,253
| +3% | +$130K |
|
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.