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 | |
|---|---|---|---|---|---|---|
326
Ingersoll Rand
IR
$32.3B
| $205M | 0.07% |
3,133,122
-151,690
| -5% | -$8.97M |
|
327
Envista
NVST
$4.44B
| $205M | 0.07% |
6,047,276
+768,687
| +15% | +$27.1M |
|
328
PVH
PVH
$4.02B
| $205M | 0.07% |
2,407,946
+506,374
| +27% | +$42.7M |
|
329
Carpenter Technology
CRS
$25.9B
| $205M | 0.07% |
3,644,410
-23,205
| -0.6% | -$1.14M |
|
|
HOLX
330
DELISTED
Hologic
HOLX
| $203M | 0.06% |
2,512,581
-199,633
| -7% | -$16.3M |
|
331
Cintas
CTAS
$82.2B
| $203M | 0.06% |
1,634,624
+6,788
| +0.4% | +$796K |
|
332
Rockwell Automation
ROK
$53.2B
| $203M | 0.06% |
615,231
+3,490
| +0.6% | +$1.01M |
|
333
Northrop Grumman
NOC
$77B
| $202M | 0.06% |
443,686
+5,539
| +1% | +$2.51M |
|
334
Nelnet
NNI
$4.87B
| $201M | 0.06% |
2,087,619
-25,269
| -1% | -$2.4M |
|
335
Matsons
MATX
$6.15B
| $201M | 0.06% |
2,585,943
+36,517
| +1% | +$2.5M |
|
336
Century Communities
CCS
$1.93B
| $201M | 0.06% |
2,621,668
+9,179
| +0.4% | +$614K |
|
337
Mohawk Industries
MHK
$7.62B
| $200M | 0.06% |
1,942,698
+363,477
| +23% | +$35.6M |
|
338
UDR
UDR
$12.1B
| $200M | 0.06% |
4,655,745
-48,650
| -1% | -$2M |
|
339
Bunge Global
BG
$20.2B
| $200M | 0.06% |
2,117,697
-181,728
| -8% | -$16.9M |
|
340
Sysco
SYY
$40.9B
| $199M | 0.06% |
2,686,776
+134,345
| +5% | +$9.93M |
|
341
Stryker
SYK
$125B
| $199M | 0.06% |
652,842
+16,892
| +3% | +$4.88M |
|
342
Fidelity National Information Services
FIS
$23.2B
| $199M | 0.06% |
3,641,894
+959,861
| +36% | +$52.8M |
|
343
Ally Financial
ALLY
$13.2B
| $199M | 0.06% |
7,364,998
+299,523
| +4% | +$7.97M |
|
344
CDW
CDW
$18.7B
| $199M | 0.06% |
1,082,147
+35,216
| +3% | +$6.15M |
|
345
Old Republic International
ORI
$10.5B
| $198M | 0.06% |
7,874,924
+98,066
| +1% | +$2.46M |
|
346
W.P. Carey
WPC
$16.7B
| $197M | 0.06% |
2,975,542
+58,288
| +2% | +$4.05M |
|
347
Navient
NAVI
$788M
| $197M | 0.06% |
10,594,960
-335,941
| -3% | -$5.52M |
|
348
Verisk Analytics
VRSK
$25.3B
| $196M | 0.06% |
867,709
+13,824
| +2% | +$2.9M |
|
349
ABM Industries
ABM
$2.8B
| $196M | 0.06% |
4,591,402
+27,901
| +0.6% | +$1.21M |
|
350
HCA Healthcare
HCA
$86.7B
| $195M | 0.06% |
643,634
-5,978
| -0.9% | -$1.66M |
|
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.