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 | |
|---|---|---|---|---|---|---|
3026
Educational Development Corp
EDUC
$11.8M
| $519K | ﹤0.01% |
176,490
| – | – |
|
|
CPAC
3027
Cementos Pacasmayo
CPAC
$1.01B
| $519K | ﹤0.01% |
98,267
-5,870
| -6% | -$31.1K |
|
3028
First Capital
FCAP
$212M
| $514K | ﹤0.01% |
20,038
+30
| +0.1% | +$786 |
|
|
TSRI
3029
DELISTED
TSR Inc. New
TSRI
| $514K | ﹤0.01% |
63,871
+1,081
| +2% | +$9.19K |
|
|
SAND
3030
DELISTED
Sandstorm Gold
SAND
| $508K | ﹤0.01% |
87,753
-403,473
| -82% | -$2.21M |
|
3031
Pioneer Bancorp
PBFS
$432M
| $505K | ﹤0.01% |
51,176
+24,525
| +92% | +$269K |
|
3032
Fresenius Medical Care
FMS
$13.8B
| $500K | ﹤0.01% |
23,528
-701
| -3% | -$13.4K |
|
3033
EverCommerce
EVCM
$2.18B
| $499K | ﹤0.01% |
47,201
+664
| +1% | +$6.41K |
|
3034
Dutch Bros
BROS
$9.03B
| $498K | ﹤0.01% |
15,747
+2,615
| +20% | +$88.5K |
|
3035
Grupo SIMEC
SIM
$4.4B
| $489K | ﹤0.01% |
14,058
| – | – |
|
|
JNCE
3036
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $489K | ﹤0.01% |
264,270
-450,767
| -63% | -$558K |
|
3037
Coda Octopus Group
CODA
$114M
| $485K | ﹤0.01% |
66,850
+4,306
| +7% | +$30.9K |
|
3038
Hennessy Advisors
HNNA
$77.7M
| $484K | ﹤0.01% |
62,592
| – | – |
|
|
SFBC
3039
Sound Financial Bancorp
SFBC
$112M
| $484K | ﹤0.01% |
13,081
+330
| +3% | +$12.9K |
|
3040
Third Coast Bancshares
TCBX
$729M
| $480K | ﹤0.01% |
+30,574
| New | +$548K |
|
|
CNF
3041
CNFinance Holdings
CNF
$34.6M
| $470K | ﹤0.01% |
19,080
-1,140
| -6% | -$23.1K |
|
3042
Champions Oncology
CSBR
$74.5M
| $467K | ﹤0.01% |
116,291
-5,514
| -5% | -$23.6K |
|
3043
American Shared Hospital Services
AMS
$9.94M
| $467K | ﹤0.01% |
166,056
+7,375
| +5% | +$22.7K |
|
3044
Gevo
GEVO
$360M
| $465K | ﹤0.01% |
302,153
-217,575
| -42% | -$412K |
|
3045
Clear Channel Outdoor Holdings
CCO
$1.23B
| $465K | ﹤0.01% |
387,158
+95,018
| +33% | +$140K |
|
3046
Kinetik
KNTK
$3.72B
| $461K | ﹤0.01% |
14,714
-4,153
| -22% | -$127K |
|
3047
Mexco Energy
MXC
$17.8M
| $459K | ﹤0.01% |
40,348
+27
| +0.1% | +$343 |
|
3048
Target Hospitality
TH
$1.51B
| $452K | ﹤0.01% |
+34,377
| New | +$550K |
|
3049
Tucows
TCX
$172M
| $451K | ﹤0.01% |
23,173
-14,592
| -39% | -$421K |
|
|
BKSC
3050
DELISTED
Bank of South Carolina
BKSC
| $451K | ﹤0.01% |
28,485
| – | – |
|
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.