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 | |
|---|---|---|---|---|---|---|
|
DRRX
3251
DELISTED
DURECT Corp
DRRX
| $150K | ﹤0.01% |
33,010
+9,434
| +40% | +$51.2K |
|
3252
Alpha Teknova
TKNO
$271M
| $148K | ﹤0.01% |
49,940
+39,086
| +360% | +$195K |
|
3253
Cosan
CSAN
$3.12B
| $148K | ﹤0.01% |
12,492
+64
| +0.5% | +$769 |
|
3254
Beasley Broadcasting Group
BBGI
$36.4M
| $147K | ﹤0.01% |
8,918
-1,661
| -16% | -$35.2K |
|
3255
Lifecore Biomedical
LFCR
$164M
| $147K | ﹤0.01% |
38,897
-1,718,647
| -98% | -$9.58M |
|
3256
Byrna Technologies
BYRN
$103M
| $145K | ﹤0.01% |
19,123
| – | – |
|
|
IMA
3257
ImageneBio Inc
IMA
$67.2M
| $143K | ﹤0.01% |
3,453
+1,063
| +44% | +$48.9K |
|
|
VIOT
3258
Viomi Technology
VIOT
$50.9M
| $142K | ﹤0.01% |
138,202
-70,659
| -34% | -$86.1K |
|
3259
AvePoint
AVPT
$2.72B
| $142K | ﹤0.01% |
+34,424
| New | +$155K |
|
3260
Q32 Bio
QTTB
$462M
| $140K | ﹤0.01% |
7,541
-1,215
| -14% | -$30.3K |
|
3261
Microbot Medical
MBOT
$117M
| $138K | ﹤0.01% |
66,207
-26,248
| -28% | -$77.7K |
|
|
IMMP
3262
Immutep
IMMP
$56M
| $138K | ﹤0.01% |
81,928
+10,813
| +15% | +$19.9K |
|
3263
Nkarta
NKTX
$154M
| $138K | ﹤0.01% |
38,759
-29,935
| -44% | -$142K |
|
3264
Energy Services of America
ESOA
$265M
| $137K | ﹤0.01% |
59,999
+9,068
| +18% | +$22.2K |
|
3265
Century Therapeutics
IPSC
$395M
| $137K | ﹤0.01% |
39,453
-24,857
| -39% | -$109K |
|
3266
McEwen Inc
MUX
$1.06B
| $135K | ﹤0.01% |
15,954
| – | – |
|
|
ADVM
3267
DELISTED
Adverum Biotechnologies
ADVM
| $132K | ﹤0.01% |
18,415
-1,682
| -8% | -$11.9K |
|
|
CMCM
3268
Cheetah Mobile
CMCM
$88.5M
| $132K | ﹤0.01% |
50,717
-39,985
| -44% | -$102K |
|
|
SALM
3269
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $132K | ﹤0.01% |
120,746
-34,734
| -22% | -$42.2K |
|
3270
Gossamer Bio
GOSS
$87.2M
| $131K | ﹤0.01% |
+104,100
| New | +$199K |
|
|
EB
3271
DELISTED
Eventbrite
EB
| $130K | ﹤0.01% |
15,200
| – | – |
|
|
VNTR
3272
DELISTED
Venator Materials PLC
VNTR
| $129K | ﹤0.01% |
318,431
-176,821
| -36% | -$96.7K |
|
3273
Ocular Therapeutix
OCUL
$1.85B
| $128K | ﹤0.01% |
24,319
-210,464
| -90% | -$999K |
|
3274
Barnwell Industries
BRN
$13.9M
| $127K | ﹤0.01% |
57,848
+4,144
| +8% | +$10.3K |
|
|
LENZ
3275
LENZ Therapeutics
LENZ
$181M
| $127K | ﹤0.01% |
7,394
+348
| +5% | +$5.63K |
|
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.