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 | |
|---|---|---|---|---|---|---|
3101
Air T
AIRT
$75.5M
| $417K | ﹤0.01% |
16,623
| – | – |
|
3102
Archer Aviation
ACHR
$3.55B
| $413K | ﹤0.01% |
+100,329
| New | +$283K |
|
3103
Affinity Bancshares
AFBI
$140M
| $411K | ﹤0.01% |
35,019
+11,120
| +47% | +$146K |
|
|
BFX
3104
DELISTED
BowFlex Inc.
BFX
| $411K | ﹤0.01% |
337,103
-201,181
| -37% | -$256K |
|
3105
Marchex
MCHX
$77.5M
| $409K | ﹤0.01% |
193,150
-8,987
| -4% | -$17.5K |
|
|
TSRI
3106
DELISTED
TSR Inc. New
TSRI
| $409K | ﹤0.01% |
60,419
-3,452
| -5% | -$24.5K |
|
|
EMKR
3107
DELISTED
Emcore Corp
EMKR
| $405K | ﹤0.01% |
53,842
-13,892
| -21% | -$126K |
|
|
DALN
3108
DELISTED
DallasNews
DALN
| $401K | ﹤0.01% |
103,194
-44,349
| -30% | -$182K |
|
|
GRTS
3109
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $399K | ﹤0.01% |
204,468
-119,869
| -37% | -$281K |
|
3110
J.W. Mays
MAYS
$78.6M
| $398K | ﹤0.01% |
8,503
-260
| -3% | -$11.7K |
|
|
FNCB
3111
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $397K | ﹤0.01% |
67,012
+19,391
| +41% | +$117K |
|
3112
IRIDEX
IRIX
$14.5M
| $396K | ﹤0.01% |
182,520
-24,237
| -12% | -$53.1K |
|
|
BASE
3113
DELISTED
Couchbase
BASE
| $394K | ﹤0.01% |
24,896
| – | – |
|
|
ELP
3114
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $392K | ﹤0.01% |
57,658
| – | – |
|
3115
Virgin Galactic
SPCE
$320M
| $391K | ﹤0.01% |
5,045
+4,090
| +428% | +$324K |
|
|
CBD
3116
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $390K | ﹤0.01% |
101,417
-200
| -0.2% | -$653 |
|
|
IMA
3117
ImageneBio Inc
IMA
$62.9M
| $389K | ﹤0.01% |
4,926
+1,473
| +43% | +$106K |
|
3118
Woori Financial
WF
$16.9B
| $386K | ﹤0.01% |
14,342
+703
| +5% | +$19K |
|
3119
Tenaya Therapeutics
TNYA
$160M
| $385K | ﹤0.01% |
65,620
+4,847
| +8% | +$28.2K |
|
3120
Mercado Libre
MELI
$95.3B
| $381K | ﹤0.01% |
322
| – | – |
|
3121
Smith-Midland
SMID
$147M
| $381K | ﹤0.01% |
16,053
| – | – |
|
3122
Lindblad Expeditions
LIND
$1.95B
| $380K | ﹤0.01% |
34,956
| – | – |
|
|
EFXT
3123
Enerflex
EFXT
$2.73B
| $379K | ﹤0.01% |
55,626
| – | – |
|
|
OPOF
3124
DELISTED
Old Point Financial
OPOF
| $376K | ﹤0.01% |
21,679
-189
| -0.9% | -$3.52K |
|
|
CIZN
3125
DELISTED
Citizens Holding Co.
CIZN
| $376K | ﹤0.01% |
30,784
| – | – |
|
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.