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 | |
|---|---|---|---|---|---|---|
|
SPR
2551
DELISTED
Spirit AeroSystems
SPR
| $4.64M | ﹤0.01% |
159,099
-76,151
| -32% | -$2.2M |
|
2552
GrowGeneration
GRWG
$86.5M
| $4.64M | ﹤0.01% |
1,365,752
+312,479
| +30% | +$1.11M |
|
2553
Tarsus Pharmaceuticals
TARS
$2.58B
| $4.63M | ﹤0.01% |
256,460
+20,930
| +9% | +$333K |
|
2554
First United
FUNC
$285M
| $4.62M | ﹤0.01% |
324,246
-12,383
| -4% | -$183K |
|
2555
Frequency Electronics
FEIM
$635M
| $4.61M | ﹤0.01% |
697,057
-29,005
| -4% | -$194K |
|
|
ITI
2556
DELISTED
Iteris, Inc.
ITI
| $4.6M | ﹤0.01% |
1,160,380
+82,278
| +8% | +$367K |
|
2557
STRATTEC Security
STRT
$367M
| $4.59M | ﹤0.01% |
252,469
-14,591
| -5% | -$278K |
|
2558
Elastic
ESTC
$6.84B
| $4.59M | ﹤0.01% |
71,606
+19,290
| +37% | +$1.21M |
|
|
NOAH
2559
Noah Holdings
NOAH
$580M
| $4.57M | ﹤0.01% |
324,476
-12,492
| -4% | -$195K |
|
|
BLUE
2560
DELISTED
bluebird bio
BLUE
| $4.56M | ﹤0.01% |
69,241
-60,582
| -47% | -$4.43M |
|
|
SA
2561
Seabridge Gold
SA
$2.78B
| $4.55M | ﹤0.01% |
377,717
-34,747
| -8% | -$472K |
|
2562
Vista Energy
VIST
$7.84B
| $4.54M | ﹤0.01% |
187,946
| – | – |
|
|
CD
2563
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $4.53M | ﹤0.01% |
632,219
-10,463
| -2% | -$66.8K |
|
|
ASAI
2564
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $4.52M | ﹤0.01% |
313,867
+66,066
| +27% | +$844K |
|
|
LX
2565
LexinFintech Holdings
LX
$241M
| $4.52M | ﹤0.01% |
1,971,042
-160,041
| -8% | -$388K |
|
2566
AerSale
ASLE
$293M
| $4.51M | ﹤0.01% |
306,535
-19,788
| -6% | -$318K |
|
2567
Acme United Corp
ACU
$217M
| $4.49M | ﹤0.01% |
179,910
+880
| +0.5% | +$22.3K |
|
|
EVBN
2568
DELISTED
Evans Bancorp Inc
EVBN
| $4.48M | ﹤0.01% |
179,622
-13,109
| -7% | -$355K |
|
2569
Brookfield Infrastructure
BIPC
$5.2B
| $4.48M | ﹤0.01% |
98,190
+27,620
| +39% | +$1.25M |
|
2570
Key Tronic
KTCC
$42.8M
| $4.46M | ﹤0.01% |
786,908
-19,236
| -2% | -$116K |
|
2571
Chemung Financial Corp
CHMG
$393M
| $4.45M | ﹤0.01% |
115,973
+8,734
| +8% | +$333K |
|
2572
Ultralife
ULBI
$86.4M
| $4.45M | ﹤0.01% |
919,675
-51,240
| -5% | -$223K |
|
|
PPIH
2573
Perma-Pipe International
PPIH
$196M
| $4.44M | ﹤0.01% |
466,944
-19,103
| -4% | -$201K |
|
|
GHL
2574
DELISTED
Greenhill & Co., Inc.
GHL
| $4.42M | ﹤0.01% |
301,730
+42,485
| +16% | +$449K |
|
2575
Ultragenyx Pharmaceutical
RARE
$2.45B
| $4.41M | ﹤0.01% |
95,645
-5,769
| -6% | -$268K |
|
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.