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
|
+$588M |
| 2 |
UnitedHealth
UNH
|
+$429M |
| 3 |
Johnson & Johnson
JNJ
|
+$333M |
| 4 |
Amazon
AMZN
|
+$229M |
| 5 |
Microsoft
MSFT
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EXE
Expand Energy Corp
EXE
|
+$322M |
| 2 |
JPMorgan Chase
JPM
|
+$304M |
| 3 |
K
Kellanova
K
|
+$164M |
| 4 |
SUM
Summit Materials, Inc. Class A Common Stock
SUM
|
+$159M |
| 5 |
AZPN
Aspen Technology Inc
AZPN
|
+$156M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.81% |
| 2 | Financials | 18.7% |
| 3 | Industrials | 12.07% |
| 4 | Healthcare | 10.44% |
| 5 | Consumer Discretionary | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Humana
HUM
$46.2B
| $292M | 0.07% |
1,105,364
+45,627
| +4% | +$12.3M |
|
277
Chipotle Mexican Grill
CMG
$41.5B
| $292M | 0.07% |
5,823,892
+91,988
| +2% | +$5M |
|
278
Willis Towers Watson
WTW
$32B
| $292M | 0.07% |
862,629
+30,704
| +4% | +$10M |
|
279
Group 1 Automotive
GPI
$3.18B
| $291M | 0.07% |
762,186
-110,563
| -13% | -$48.5M |
|
280
Raymond James Financial
RJF
$34B
| $291M | 0.07% |
2,091,820
+24,818
| +1% | +$3.85M |
|
281
Avnet
AVT
$7.92B
| $289M | 0.07% |
6,012,625
-164,240
| -3% | -$8.31M |
|
282
Jazz Pharmaceuticals
JAZZ
$16.7B
| $289M | 0.07% |
2,328,430
+293,360
| +14% | +$38.3M |
|
283
Ingersoll Rand
IR
$33.7B
| $288M | 0.07% |
3,600,999
+14,282
| +0.4% | +$1.24M |
|
284
M&T Bank
MTB
$36.2B
| $288M | 0.07% |
1,611,137
+12,580
| +0.8% | +$2.39M |
|
285
L3Harris
LHX
$53.4B
| $288M | 0.07% |
1,375,081
-37,737
| -3% | -$7.91M |
|
286
Essex Property Trust
ESS
$18.5B
| $288M | 0.07% |
938,224
-18,814
| -2% | -$5.5M |
|
287
Fastenal
FAST
$59.5B
| $287M | 0.07% |
7,400,600
-258,670
| -3% | -$9.7M |
|
288
Dow Inc
DOW
$21.2B
| $287M | 0.07% |
8,218,098
-638,506
| -7% | -$24.5M |
|
289
Intuitive Surgical
ISRG
$134B
| $285M | 0.07% |
574,954
+8,521
| +2% | +$4.71M |
|
290
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $285M | 0.07% |
2,684,107
-319,860
| -11% | -$36.6M |
|
291
Mid-America Apartment Communities
MAA
$15.7B
| $283M | 0.07% |
1,688,293
-37,312
| -2% | -$5.91M |
|
292
Alaska Air
ALK
$5.58B
| $283M | 0.07% |
5,742,387
-482,667
| -8% | -$31.7M |
|
293
Bank OZK
OZK
$5.61B
| $283M | 0.07% |
6,504,568
-107,052
| -2% | -$5.06M |
|
294
GATX Corp
GATX
$6.27B
| $282M | 0.07% |
1,817,484
-146,958
| -7% | -$23.4M |
|
|
B
295
Barrick Mining
B
$73.2B
| $281M | 0.07% |
14,456,566
+6,062,470
| +72% | +$106M |
|
296
Builders FirstSource
BLDR
$8.04B
| $280M | 0.07% |
2,244,449
+6,453
| +0.3% | +$939K |
|
297
Matador Resources
MTDR
$6.09B
| $279M | 0.07% |
5,464,857
+20,134
| +0.4% | +$1.11M |
|
298
Old Republic International
ORI
$10.4B
| $279M | 0.07% |
7,108,195
-24,548
| -0.3% | -$900K |
|
299
Ferguson
FERG
$49.8B
| $278M | 0.07% |
1,732,072
+87,731
| +5% | +$15.2M |
|
300
Starbucks
SBUX
$120B
| $277M | 0.07% |
2,828,950
+39,705
| +1% | +$4.1M |
|
Similar funds
Dimensional Fund Advisors's Q1 2025 Portfolio in Review
As of Q1 2025, Dimensional Fund Advisors held 3,398 positions worth $402B, down 3.4% from $416B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q1 2025: portfolio turnover was 4%. Dimensional Fund Advisors opened 59 new positions and exited 78, leaving the 3,398-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q1 2025 buy was Sandisk: 849,963 shares worth $40.5M.
- Dimensional Fund Advisors added most to Apple in Q1 2025, an estimated $588M increase.
- Dimensional Fund Advisors's biggest Q1 2025 reduction was Expand Energy Corp, cutting an estimated $322M.
- Dimensional Fund Advisors fully exited Summit Materials, Inc. Class A Common Stock in Q1 2025, selling an estimated $159M.
- Dimensional Fund Advisors's ten largest holdings make up 15% of its $402B portfolio in Q1 2025.
- Dimensional Fund Advisors opened 59 new positions and closed 78 in Q1 2025.
- Dimensional Fund Advisors's portfolio value fell 3.4% quarter-over-quarter to $402B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2025, filed 13 May 2025.