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 |
Meta Platforms (Facebook)
META
|
+$332M |
| 2 |
ExxonMobil
XOM
|
+$283M |
| 3 |
Verizon
VZ
|
+$165M |
| 4 |
Yum China
YUMC
|
+$137M |
| 5 |
Chevron
CVX
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
|
+$941M |
| 2 |
Dimensional International Core Equity 2 ETF
DFIC
|
+$862M |
| 3 |
Dimensional International High Profitability ETF
DIHP
|
+$427M |
| 4 |
Dimensional International Small Cap Value ETF
DISV
|
+$421M |
| 5 |
Apple
AAPL
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.74% |
| 2 | Technology | 15.25% |
| 3 | Industrials | 12.58% |
| 4 | Healthcare | 11.81% |
| 5 | Consumer Discretionary | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TGI
2601
DELISTED
Triumph Group
TGI
| $2.86M | ﹤0.01% |
332,947
+32,319
| +11% | +$423K |
|
2602
McCormick & Company Voting
MKC.V
$13.9B
| $2.85M | ﹤0.01% |
38,984
+476
| +1% | +$39.8K |
|
2603
Descartes Systems
DSGX
$6.68B
| $2.85M | ﹤0.01% |
44,815
+2,114
| +5% | +$143K |
|
2604
Electromed
ELMD
$333M
| $2.84M | ﹤0.01% |
276,761
+3,194
| +1% | +$31.4K |
|
2605
Community Health Systems
CYH
$382M
| $2.83M | ﹤0.01% |
1,314,243
-1,270,068
| -49% | -$4.21M |
|
2606
Silvercrest Asset Management
SAMG
$76.7M
| $2.83M | ﹤0.01% |
172,853
+2,841
| +2% | +$50.7K |
|
2607
Noodles & Co
NDLS
$95.1M
| $2.81M | ﹤0.01% |
74,717
-79
| -0.1% | -$3.14K |
|
2608
Aware
AWRE
$24M
| $2.81M | ﹤0.01% |
1,575,834
-7,471
| -0.5% | -$16K |
|
2609
OP Bancorp
OPBK
$235M
| $2.79M | ﹤0.01% |
251,050
+74,481
| +42% | +$855K |
|
|
AGNT
2610
AGNT Inc
AGNT
$629M
| $2.79M | ﹤0.01% |
248,603
-99,164
| -29% | -$1.38M |
|
|
BHR
2611
Braemar Hotels & Resorts
BHR
$163M
| $2.77M | ﹤0.01% |
644,153
+75,807
| +13% | +$384K |
|
2612
MeiraGTx Holdings
MGTX
$1.08B
| $2.76M | ﹤0.01% |
328,509
-67,476
| -17% | -$595K |
|
|
MBCN
2613
DELISTED
Middlefield Banc Corp
MBCN
| $2.75M | ﹤0.01% |
101,618
+2,714
| +3% | +$72.1K |
|
2614
Farmers & Merchants Bancorp
FMAO
$483M
| $2.75M | ﹤0.01% |
102,371
-10,151
| -9% | -$303K |
|
2615
Amneal Pharmaceuticals
AMRX
$6.1B
| $2.75M | ﹤0.01% |
1,360,021
-449,771
| -25% | -$1.26M |
|
2616
Oscar Health
OSCR
$9.22B
| $2.74M | ﹤0.01% |
548,260
+411,556
| +301% | +$2.4M |
|
|
IEA
2617
DELISTED
Infrastructure and Energy Alternatives, Inc. Common Stock
IEA
| $2.73M | ﹤0.01% |
201,571
-3,644
| -2% | -$47.3K |
|
|
DGICB
2618
Donegal Group Class B
DGICB
$811M
| $2.73M | ﹤0.01% |
193,567
-10,642
| -5% | -$163K |
|
|
WSO.B
2619
Watsco Inc Class B
WSO.B
$13.1B
| $2.71M | ﹤0.01% |
10,276
| – | – |
|
2620
Telos
TLS
$331M
| $2.71M | ﹤0.01% |
304,571
+218,597
| +254% | +$2.01M |
|
2621
Bel Fuse Inc Class A
BELFA
$2.88B
| $2.7M | ﹤0.01% |
96,706
+3,976
| +4% | +$110K |
|
2622
Norwood Financial Corp
NWFL
$366M
| $2.7M | ﹤0.01% |
101,649
+1,132
| +1% | +$29K |
|
|
SAND
2623
DELISTED
Sandstorm Gold
SAND
| $2.69M | ﹤0.01% |
520,064
+35,104
| +7% | +$205K |
|
|
FARM
2624
DELISTED
Farmer Brothers
FARM
| $2.68M | ﹤0.01% |
570,786
-30,554
| -5% | -$158K |
|
|
GIFI
2625
DELISTED
Gulf Island Fabrication
GIFI
| $2.67M | ﹤0.01% |
640,703
+4,265
| +0.7% | +$15.9K |
|
Similar funds
Dimensional Fund Advisors's Q3 2022 Portfolio in Review
As of Q3 2022, Dimensional Fund Advisors held 3,606 positions worth $260B, down 6.6% from $279B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q3 2022 filing shows 143 new, 1,920 increased, 1,329 reduced and 119 closed positions. Its largest new stake was Yum China: 2,857,283 shares worth $135M. The largest sale was Dimensional Emerging Markets Core Equity 2 ETF, an estimated $941M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q3 2022 buy was Yum China: 2,857,283 shares worth $135M.
- Dimensional Fund Advisors added most to Meta Platforms (Facebook) in Q3 2022, an estimated $332M increase.
- Dimensional Fund Advisors's biggest Q3 2022 reduction was Apple, cutting an estimated $219M.
- Dimensional Fund Advisors fully exited Dimensional Emerging Markets Core Equity 2 ETF in Q3 2022, selling an estimated $941M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $260B portfolio in Q3 2022.
- Dimensional Fund Advisors opened 143 new positions and closed 119 in Q3 2022.
- Dimensional Fund Advisors's portfolio value fell 6.6% quarter-over-quarter to $260B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2022, filed 10 Nov 2022.