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 | |
|---|---|---|---|---|---|---|
676
Huron Consulting
HURN
$2.41B
| $120M | 0.04% |
1,417,790
-109,204
| -7% | -$8.95M |
|
677
Knowles
KN
$3.13B
| $120M | 0.04% |
6,662,130
-44,579
| -0.7% | -$750K |
|
678
RLI Corp
RLI
$5.62B
| $120M | 0.04% |
1,758,460
-2,208
| -0.1% | -$147K |
|
679
Cavco Industries
CVCO
$4.22B
| $120M | 0.04% |
406,039
+6,936
| +2% | +$1.99M |
|
680
Avery Dennison
AVY
$13B
| $120M | 0.04% |
695,919
+379
| +0.1% | +$64.8K |
|
681
Enova International
ENVA
$6.33B
| $119M | 0.04% |
2,243,261
-30,436
| -1% | -$1.44M |
|
682
Williams-Sonoma
WSM
$26.9B
| $119M | 0.04% |
1,903,640
+19,988
| +1% | +$1.19M |
|
683
Simmons First National
SFNC
$3.41B
| $119M | 0.04% |
6,901,799
-537,163
| -7% | -$9.04M |
|
684
Helen of Troy
HELE
$644M
| $119M | 0.04% |
1,099,685
+209,588
| +24% | +$20.1M |
|
685
Aaon
AAON
$7.3B
| $119M | 0.04% |
1,878,672
-102,816
| -5% | -$6.5M |
|
686
Coty
COTY
$2.42B
| $119M | 0.04% |
9,660,056
+215,814
| +2% | +$2.55M |
|
687
ResMed
RMD
$30.6B
| $119M | 0.04% |
543,202
-30,775
| -5% | -$6.86M |
|
688
McGrath RentCorp
MGRC
$2.81B
| $119M | 0.04% |
1,283,314
+5,607
| +0.4% | +$512K |
|
689
Celanese
CE
$4.9B
| $118M | 0.04% |
1,022,243
+35,877
| +4% | +$3.89M |
|
690
Clorox
CLX
$11.6B
| $118M | 0.04% |
743,180
+28,145
| +4% | +$4.54M |
|
691
NMI Holdings
NMIH
$3.33B
| $118M | 0.04% |
4,575,346
+134,116
| +3% | +$3.25M |
|
692
United Therapeutics
UTHR
$25.8B
| $118M | 0.04% |
534,754
+17,077
| +3% | +$3.78M |
|
693
Sonoco
SON
$5.57B
| $118M | 0.04% |
2,000,012
+54,728
| +3% | +$3.29M |
|
694
Alcoa
AA
$11.9B
| $118M | 0.04% |
3,475,205
-92,460
| -3% | -$3.36M |
|
695
Gibraltar Industries
ROCK
$1.25B
| $118M | 0.04% |
1,870,129
+20,341
| +1% | +$1.1M |
|
|
SF
696
Stifel
SF
$12.6B
| $118M | 0.04% |
2,957,168
-76,071
| -3% | -$2.97M |
|
697
Kohl's
KSS
$2.17B
| $117M | 0.04% |
5,087,899
-210,478
| -4% | -$4.55M |
|
698
Coca-Cola Consolidated
COKE
$12.5B
| $117M | 0.04% |
1,841,160
+10,670
| +0.6% | +$660K |
|
699
M/I Homes
MHO
$3.74B
| $117M | 0.04% |
1,340,912
-17,011
| -1% | -$1.2M |
|
700
CorVel
CRVL
$3.06B
| $117M | 0.04% |
1,809,591
-24,981
| -1% | -$1.67M |
|
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.