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 | |
|---|---|---|---|---|---|---|
2701
Altimmune
ALT
$552M
| $2.39M | ﹤0.01% |
566,501
+388,636
| +219% | +$4.62M |
|
|
TEF
2702
DELISTED
Telefonica
TEF
| $2.39M | ﹤0.01% |
558,203
+278,858
| +100% | +$1.11M |
|
2703
NI Holdings
NODK
$310M
| $2.38M | ﹤0.01% |
182,929
+5,083
| +3% | +$68.1K |
|
|
MBCN
2704
DELISTED
Middlefield Banc Corp
MBCN
| $2.37M | ﹤0.01% |
84,651
-15,169
| -15% | -$421K |
|
2705
Farmers & Merchants Bancorp
FMAO
$459M
| $2.36M | ﹤0.01% |
97,152
-1,950
| -2% | -$51.2K |
|
2706
Cognyte Software
CGNT
$659M
| $2.36M | ﹤0.01% |
696,357
+186,235
| +37% | +$671K |
|
2707
Takeda Pharmaceutical
TAK
$54.6B
| $2.36M | ﹤0.01% |
143,115
+616
| +0.4% | +$9.81K |
|
|
GBIO
2708
DELISTED
Generation Bio
GBIO
| $2.34M | ﹤0.01% |
54,484
+9,238
| +20% | +$447K |
|
2709
Enact Holdings
ACT
$6.61B
| $2.34M | ﹤0.01% |
102,386
+4,902
| +5% | +$117K |
|
2710
Xenon Pharmaceuticals
XENE
$6.06B
| $2.34M | ﹤0.01% |
65,266
-249,407
| -79% | -$9.21M |
|
|
BRT
2711
BRT Apartments
BRT
$281M
| $2.33M | ﹤0.01% |
118,149
+5,890
| +5% | +$120K |
|
|
LL
2712
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.32M | ﹤0.01% |
611,669
-157,679
| -20% | -$803K |
|
|
PSTX
2713
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $2.32M | ﹤0.01% |
754,125
+477,706
| +173% | +$2.86M |
|
2714
Purple Innovation
PRPL
$35.3M
| $2.32M | ﹤0.01% |
35,164
+22,745
| +183% | +$2.54M |
|
|
GHL
2715
DELISTED
Greenhill & Co., Inc.
GHL
| $2.3M | ﹤0.01% |
259,245
+40,072
| +18% | +$456K |
|
2716
Lantronix
LTRX
$240M
| $2.3M | ﹤0.01% |
528,958
+62,582
| +13% | +$293K |
|
|
USX
2717
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $2.27M | ﹤0.01% |
382,300
-129,112
| -25% | -$302K |
|
2718
Reading International Class A
RDI
$33.2M
| $2.26M | ﹤0.01% |
695,633
-16,126
| -2% | -$55.1K |
|
2719
Security National Financial
SNFCA
$244M
| $2.26M | ﹤0.01% |
441,587
+24,691
| +6% | +$140K |
|
2720
AMREP Corp
AXR
$123M
| $2.25M | ﹤0.01% |
160,974
-3,348
| -2% | -$43.3K |
|
2721
Rhythm Pharmaceuticals
RYTM
$6.81B
| $2.22M | ﹤0.01% |
124,509
-12,482
| -9% | -$313K |
|
2722
Plumas Bancorp
PLBC
$427M
| $2.2M | ﹤0.01% |
64,575
+3,860
| +6% | +$151K |
|
|
FSP
2723
Franklin Street Properties
FSP
$47.2M
| $2.19M | ﹤0.01% |
1,397,936
+4,305
| +0.3% | +$10.8K |
|
|
NOA
2724
North American Construction
NOA
$369M
| $2.19M | ﹤0.01% |
131,207
+4,408
| +3% | +$68.4K |
|
2725
MeiraGTx Holdings
MGTX
$1.09B
| $2.19M | ﹤0.01% |
423,370
+100,648
| +31% | +$697K |
|
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.