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 | |
|---|---|---|---|---|---|---|
3076
J.W. Mays
MAYS
$78.1M
| $398K | ﹤0.01% |
8,763
| – | – |
|
3077
First Guaranty Bancshares
FGBI
$159M
| $396K | ﹤0.01% |
25,267
| – | – |
|
3078
Digimarc Corp
DMRC
$147M
| $392K | ﹤0.01% |
+19,965
| New | +$403K |
|
3079
Liquidia Corp
LQDA
$7.48B
| $392K | ﹤0.01% |
56,726
-7,040
| -11% | -$48.1K |
|
|
AZUL
3080
DELISTED
Azul
AZUL
| $391K | ﹤0.01% |
54,856
-275,016
| -83% | -$1.72M |
|
3081
Annovis Bio
ANVS
$74.4M
| $389K | ﹤0.01% |
25,251
+391
| +2% | +$6.31K |
|
3082
Dakota Gold
DC
$608M
| $385K | ﹤0.01% |
106,453
+76,357
| +254% | +$253K |
|
3083
Taylor Devices
TAYD
$165M
| $383K | ﹤0.01% |
19,102
+8,090
| +73% | +$129K |
|
3084
NCS Multistage Holdings
NCSM
$123M
| $377K | ﹤0.01% |
15,910
+1,766
| +12% | +$42.7K |
|
|
CIZN
3085
DELISTED
Citizens Holding Co.
CIZN
| $372K | ﹤0.01% |
30,784
-1,004
| -3% | -$14.3K |
|
3086
Traeger
COOK
$178M
| $369K | ﹤0.01% |
1,795
+1,499
| +506% | +$268K |
|
3087
Ovid Therapeutics
OVID
$414M
| $369K | ﹤0.01% |
142,838
+107,134
| +300% | +$254K |
|
3088
Marchex
MCHX
$76.2M
| $368K | ﹤0.01% |
202,137
+1,470
| +0.7% | +$2.83K |
|
3089
908 Devices
MASS
$329M
| $366K | ﹤0.01% |
42,517
-2,169
| -5% | -$19.4K |
|
3090
TIM SA
TIMB
$9.16B
| $364K | ﹤0.01% |
29,165
+566
| +2% | +$6.54K |
|
|
EIGR
3091
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $363K | ﹤0.01% |
13,494
-6,722
| -33% | -$313K |
|
3092
Battalion Oil
BATL
$31.9M
| $362K | ﹤0.01% |
50,025
+10,145
| +25% | +$94.3K |
|
3093
Woori Financial
WF
$16.7B
| $358K | ﹤0.01% |
13,639
+4,952
| +57% | +$142K |
|
|
CBL
3094
CBL Properties
CBL
$1.82B
| $354K | ﹤0.01% |
+13,790
| New | +$352K |
|
|
BASE
3095
DELISTED
Couchbase
BASE
| $350K | ﹤0.01% |
+24,896
| New | +$367K |
|
|
YELL
3096
DELISTED
Yellow Corporation Common Stock
YELL
| $349K | ﹤0.01% |
172,137
-6,260
| -4% | -$16.7K |
|
3097
Affinity Bancshares
AFBI
$140M
| $342K | ﹤0.01% |
23,899
+102
| +0.4% | +$1.53K |
|
3098
Kingstone Companies
KINS
$289M
| $340K | ﹤0.01% |
248,402
-48,144
| -16% | -$70.7K |
|
|
UNAM
3099
DELISTED
Unico American Corp
UNAM
| $340K | ﹤0.01% |
326,477
-11,600
| -3% | -$14.1K |
|
3100
Telesat
TSAT
$567M
| $337K | ﹤0.01% |
39,226
-27,150
| -41% | -$233K |
|
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.