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 | |
|---|---|---|---|---|---|---|
2901
Data I/O
DAIO
$29.2M
| $1.16M | ﹤0.01% |
269,668
-1,944
| -0.7% | -$8.61K |
|
|
SOHU
2902
Sohu.com
SOHU
$362M
| $1.15M | ﹤0.01% |
104,529
-969
| -0.9% | -$12.3K |
|
2903
Eagle Bancorp Montana
EBMT
$187M
| $1.15M | ﹤0.01% |
87,124
-3,507
| -4% | -$46.2K |
|
|
TVRD
2904
Tvardi Therapeutics
TVRD
$19.7M
| $1.14M | ﹤0.01% |
11,196
-15,079
| -57% | -$2.08M |
|
|
NGM
2905
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.14M | ﹤0.01% |
438,533
-25,365
| -5% | -$90.5K |
|
|
LSEA
2906
DELISTED
Landsea Homes
LSEA
| $1.14M | ﹤0.01% |
121,551
+53,253
| +78% | +$373K |
|
2907
SmartRent
SMRT
$195M
| $1.13M | ﹤0.01% |
+295,184
| New | +$902K |
|
|
AIOT
2908
PowerFleet Inc
AIOT
$526M
| $1.13M | ﹤0.01% |
375,243
+98,435
| +36% | +$296K |
|
2909
Tenable Holdings
TENB
$3.6B
| $1.12M | ﹤0.01% |
25,682
+212
| +0.8% | +$8.66K |
|
2910
Haverty Furniture Companies Class A
HVT.A
$486M
| $1.12M | ﹤0.01% |
39,575
-615
| -2% | -$18K |
|
2911
Pro-Dex
PDEX
$187M
| $1.1M | ﹤0.01% |
57,875
+503
| +0.9% | +$8.76K |
|
2912
Seer Inc
SEER
$122M
| $1.1M | ﹤0.01% |
257,259
-59,359
| -19% | -$232K |
|
2913
Network-1 Technologies
NTIP
$37M
| $1.09M | ﹤0.01% |
471,597
| – | – |
|
|
SMLR
2914
DELISTED
Semler Scientific
SMLR
| $1.08M | ﹤0.01% |
41,262
+5,743
| +16% | +$151K |
|
|
PINE
2915
Alpine Income Property Trust
PINE
$333M
| $1.07M | ﹤0.01% |
66,093
+7,491
| +13% | +$119K |
|
2916
Atara Biotherapeutics
ATRA
$75.5M
| $1.06M | ﹤0.01% |
26,231
-31,055
| -54% | -$1.76M |
|
2917
Lemonade
LMND
$3.74B
| $1.05M | ﹤0.01% |
62,547
+41,281
| +194% | +$646K |
|
2918
Airgain
AIRG
$73.4M
| $1.05M | ﹤0.01% |
195,171
-35,740
| -15% | -$200K |
|
2919
Ceragon Networks
CRNT
$197M
| $1.04M | ﹤0.01% |
497,196
| – | – |
|
2920
Quest Resource Holding
QRHC
$26.8M
| $1.04M | ﹤0.01% |
160,075
-5,583
| -3% | -$31.9K |
|
2921
LifeVantage
LFVN
$81.1M
| $1.04M | ﹤0.01% |
239,950
+17,315
| +8% | +$71.5K |
|
2922
Aclaris Therapeutics
ACRS
$726M
| $1.04M | ﹤0.01% |
100,457
-37,466
| -27% | -$339K |
|
2923
Lee Enterprises
LEE
$172M
| $1.04M | ﹤0.01% |
77,313
-15,656
| -17% | -$198K |
|
2924
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.04M | ﹤0.01% |
2
| – | – |
|
|
XNET
2925
Xunlei
XNET
$340M
| $1.03M | ﹤0.01% |
517,440
| – | – |
|
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.