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 | |
|---|---|---|---|---|---|---|
3101
PDS Biotechnology
PDSB
$38.5M
| $337K | ﹤0.01% |
54,720
-3,550
| -6% | -$29K |
|
3102
Lindblad Expeditions
LIND
$1.95B
| $334K | ﹤0.01% |
34,956
-14,254
| -29% | -$143K |
|
3103
ImmuCell
ICCC
$101M
| $333K | ﹤0.01% |
64,689
+2,519
| +4% | +$16.4K |
|
3104
Smith Micro Software
SMSI
$14.7M
| $332K | ﹤0.01% |
7,161
-1,975
| -22% | -$177K |
|
|
EFXT
3105
Enerflex
EFXT
$2.73B
| $331K | ﹤0.01% |
55,626
+751
| +1% | +$4.92K |
|
3106
Savara
SVRA
$1.11B
| $331K | ﹤0.01% |
169,509
+88,101
| +108% | +$199K |
|
|
DM
3107
DELISTED
Desktop Metal, Inc.
DM
| $329K | ﹤0.01% |
14,339
| – | – |
|
|
FLNT
3108
Fluent
FLNT
$103M
| $327K | ﹤0.01% |
66,518
-18,481
| -22% | -$144K |
|
|
WMPN
3109
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $319K | ﹤0.01% |
28,181
| – | – |
|
3110
Alpha Pro Tech
APT
$51.8M
| $316K | ﹤0.01% |
75,911
| – | – |
|
|
FSR
3111
DELISTED
Fisker Inc.
FSR
| $315K | ﹤0.01% |
51,354
| – | – |
|
|
NSTG
3112
DELISTED
NanoString Technologies, Inc.
NSTG
| $315K | ﹤0.01% |
31,792
-710
| -2% | -$7.03K |
|
|
ATYR
3113
aTyr Pharma
ATYR
$47.8M
| $310K | ﹤0.01% |
147,773
-49,919
| -25% | -$109K |
|
3114
Willamette Valley Vineyards
WVVI
$12.5M
| $310K | ﹤0.01% |
50,325
-1,158
| -2% | -$7.18K |
|
|
ELP
3115
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $309K | ﹤0.01% |
57,658
| – | – |
|
3116
Avalon Holdings
AWX
$9.98M
| $308K | ﹤0.01% |
116,205
| – | – |
|
3117
HF Foods Group
HFFG
$80.2M
| $306K | ﹤0.01% |
78,150
-45,014
| -37% | -$188K |
|
|
AKTS
3118
DELISTED
Akoustis Technologies Inc
AKTS
| $304K | ﹤0.01% |
98,696
+10,962
| +12% | +$38.2K |
|
3119
NextCure
NXTC
$17.9M
| $304K | ﹤0.01% |
17,102
-10,326
| -38% | -$199K |
|
3120
Lemonade
LMND
$3.8B
| $303K | ﹤0.01% |
21,266
+1,874
| +10% | +$28.5K |
|
3121
Smith-Midland
SMID
$144M
| $301K | ﹤0.01% |
16,053
-1,532
| -9% | -$30.5K |
|
3122
Bank First Corp
BFC
$1.68B
| $300K | ﹤0.01% |
4,079
+260
| +7% | +$20.7K |
|
|
CBD
3123
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $299K | ﹤0.01% |
101,617
| – | – |
|
|
PMD
3124
DELISTED
Psychemedics Corporation
PMD
| $297K | ﹤0.01% |
56,562
-2,354
| -4% | -$13K |
|
3125
Zevra Therapeutics
ZVRA
$569M
| $296K | ﹤0.01% |
53,882
+1,144
| +2% | +$6.05K |
|
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.