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 | |
|---|---|---|---|---|---|---|
2626
Barnes & Noble Education
BNED
$431M
| $3.05M | ﹤0.01% |
20,040
-2,838
| -12% | -$572K |
|
2627
Innovative Solutions & Support
ISSC
$327M
| $3.03M | ﹤0.01% |
413,211
-3,161
| -0.8% | -$25.5K |
|
2628
Elastic
ESTC
$6.84B
| $3.03M | ﹤0.01% |
52,316
+5,434
| +12% | +$310K |
|
|
NINE
2629
DELISTED
Nine Energy Service
NINE
| $3.02M | ﹤0.01% |
542,539
+298,005
| +122% | +$3.08M |
|
2630
Colony Bankcorp
CBAN
$465M
| $3.01M | ﹤0.01% |
294,940
+45,600
| +18% | +$554K |
|
|
BLFY
2631
DELISTED
Blue Foundry Bancorp
BLFY
| $3M | ﹤0.01% |
315,518
+129,321
| +69% | +$1.48M |
|
2632
The ONE Group
STKS
$56.2M
| $2.98M | ﹤0.01% |
368,130
+75,546
| +26% | +$595K |
|
2633
Norwood Financial Corp
NWFL
$370M
| $2.98M | ﹤0.01% |
101,340
-1,843
| -2% | -$60.7K |
|
|
PARAA
2634
DELISTED
Paramount Global Class A
PARAA
| $2.98M | ﹤0.01% |
115,377
-2,166
| -2% | -$53.7K |
|
2635
Tarsus Pharmaceuticals
TARS
$2.58B
| $2.96M | ﹤0.01% |
235,530
+35,854
| +18% | +$524K |
|
2636
National Bankshares
NKSH
$259M
| $2.93M | ﹤0.01% |
93,124
-7,284
| -7% | -$289K |
|
2637
Kewaunee Scientific
KEQU
$102M
| $2.91M | ﹤0.01% |
184,738
-1,311
| -0.7% | -$20.8K |
|
|
CS
2638
DELISTED
Credit Suisse Group
CS
| $2.9M | ﹤0.01% |
3,264,336
-51,488
| -2% | -$144K |
|
|
ORAN
2639
DELISTED
Orange
ORAN
| $2.9M | ﹤0.01% |
242,896
-6,688
| -3% | -$73.8K |
|
2640
Electromed
ELMD
$337M
| $2.9M | ﹤0.01% |
278,601
-6,854
| -2% | -$77.7K |
|
2641
Mission Produce
AVO
$1.11B
| $2.9M | ﹤0.01% |
260,722
+190,101
| +269% | +$2.22M |
|
2642
EverQuote
EVER
$892M
| $2.9M | ﹤0.01% |
208,396
+47,241
| +29% | +$705K |
|
2643
SkinHealth Systems
SKIN
$88.8M
| $2.89M | ﹤0.01% |
+228,649
| New | +$2.64M |
|
|
PFSW
2644
DELISTED
PFSweb, Inc.
PFSW
| $2.87M | ﹤0.01% |
677,880
+25,036
| +4% | +$155K |
|
|
CMLS
2645
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $2.87M | ﹤0.01% |
778,613
+21,617
| +3% | +$121K |
|
2646
Frontier Group Holdings
ULCC
$1.55B
| $2.87M | ﹤0.01% |
291,484
+97,047
| +50% | +$1.08M |
|
|
CRON
2647
Cronos Group
CRON
$1.06B
| $2.85M | ﹤0.01% |
1,471,166
+48,715
| +3% | +$109K |
|
2648
RGC Resources
RGCO
$223M
| $2.85M | ﹤0.01% |
122,799
+5,022
| +4% | +$118K |
|
2649
Mastech Digital
MHH
$93.1M
| $2.84M | ﹤0.01% |
230,575
-4,341
| -2% | -$54.2K |
|
2650
Citizens
CIA
$239M
| $2.81M | ﹤0.01% |
757,178
-154,178
| -17% | -$426K |
|
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.