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
|
+$406M |
| 2 |
Warner Bros
WBD
|
+$318M |
| 3 |
Chevron
CVX
|
+$238M |
| 4 |
Tesla
TSLA
|
+$165M |
| 5 |
M&T Bank
MTB
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional National Municipal Bond ETF
DFNM
|
+$654M |
| 2 |
Amazon
AMZN
|
+$413M |
| 3 |
AT&T
T
|
+$354M |
| 4 |
Dimensional US High Profitability ETF
DUHP
|
+$263M |
| 5 |
CERN
Cerner Corp
CERN
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.93% |
| 2 | Technology | 15.13% |
| 3 | Industrials | 12.18% |
| 4 | Healthcare | 11.63% |
| 5 | Consumer Discretionary | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LHCG
876
DELISTED
LHC Group LLC
LHCG
| $82.9M | 0.03% |
532,368
-81,910
| -13% | -$13.5M |
|
877
Landstar System
LSTR
$6.01B
| $82.6M | 0.03% |
568,354
+18,163
| +3% | +$2.7M |
|
878
Costamare
CMRE
$1.8B
| $82.4M | 0.03% |
6,809,901
+901,970
| +15% | +$12.5M |
|
879
Evolent Health
EVH
$404M
| $82.3M | 0.03% |
2,679,496
-519,489
| -16% | -$15.1M |
|
|
HTLF
880
DELISTED
Heartland Financial USA, Inc.
HTLF
| $82.2M | 0.03% |
1,979,935
+141,912
| +8% | +$6.24M |
|
881
Texas Roadhouse
TXRH
$13.7B
| $82.2M | 0.03% |
1,122,466
+20,614
| +2% | +$1.62M |
|
882
Huntington Ingalls Industries
HII
$12.7B
| $82.1M | 0.03% |
377,048
+6,760
| +2% | +$1.43M |
|
883
Encompass Health
EHC
$12.4B
| $81.9M | 0.03% |
1,835,616
-5,025
| -0.3% | -$258K |
|
884
Cleveland-Cliffs
CLF
$6.98B
| $81.8M | 0.03% |
5,320,231
+1,096,492
| +26% | +$26.2M |
|
|
KW
885
DELISTED
Kennedy-Wilson Holdings
KW
| $81.7M | 0.03% |
4,315,148
+249,815
| +6% | +$5.37M |
|
886
Cenovus Energy
CVE
$52.1B
| $81.6M | 0.03% |
4,292,058
-1,072,715
| -20% | -$21.3M |
|
887
Axcelis
ACLS
$4.2B
| $81.5M | 0.03% |
1,486,918
-70,428
| -5% | -$4.08M |
|
888
Alaska Air
ALK
$5.66B
| $81.4M | 0.03% |
2,031,970
+550,649
| +37% | +$26.9M |
|
889
Performance Food Group
PFGC
$18B
| $81.3M | 0.03% |
1,767,324
-55,124
| -3% | -$2.55M |
|
890
Essent Group
ESNT
$6.04B
| $81.2M | 0.03% |
2,088,682
+289,723
| +16% | +$11.8M |
|
891
Watts Water Technologies
WTS
$12.6B
| $81.2M | 0.03% |
661,250
-26,381
| -4% | -$3.42M |
|
892
Customers Bancorp
CUBI
$2.77B
| $81.2M | 0.03% |
2,395,938
+127,726
| +6% | +$5.19M |
|
893
First Financial Bankshares
FFIN
$4.97B
| $81.1M | 0.03% |
2,065,832
+51,941
| +3% | +$2.13M |
|
894
Atkore
ATKR
$3.16B
| $81M | 0.03% |
975,931
-138,677
| -12% | -$13.8M |
|
|
COHR
895
DELISTED
Coherent Inc
COHR
| $81M | 0.03% |
304,222
-42,744
| -12% | -$11.5M |
|
896
Herc Holdings
HRI
$5.62B
| $81M | 0.03% |
898,411
-88,876
| -9% | -$10.7M |
|
897
Evercore
EVR
$12B
| $81M | 0.03% |
865,087
-4,458
| -0.5% | -$475K |
|
898
Azenta
AZTA
$1.42B
| $81M | 0.03% |
1,122,999
-189,013
| -14% | -$14.1M |
|
899
Merit Medical Systems
MMSI
$5.24B
| $81M | 0.03% |
1,491,783
-112,784
| -7% | -$6.88M |
|
900
Credit Acceptance
CACC
$6.03B
| $80.7M | 0.03% |
170,452
-2,969
| -2% | -$1.64M |
|
Similar funds
Dimensional Fund Advisors's Q2 2022 Portfolio in Review
As of Q2 2022, Dimensional Fund Advisors held 3,609 positions worth $279B, down 14% from $325B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Dimensional Fund Advisors's Q2 2022 filing shows 98 new, 1,934 increased, 1,303 reduced and 146 closed positions. Its largest new stake was ESAB: 2,060,747 shares worth $90.2M. The largest sale was Dimensional National Municipal Bond ETF, an estimated $654M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q2 2022 buy was ESAB: 2,060,747 shares worth $90.2M.
- Dimensional Fund Advisors added most to ExxonMobil in Q2 2022, an estimated $406M increase.
- Dimensional Fund Advisors's biggest Q2 2022 reduction was Amazon, cutting an estimated $413M.
- Dimensional Fund Advisors fully exited Dimensional National Municipal Bond ETF in Q2 2022, selling an estimated $654M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $279B portfolio in Q2 2022.
- Dimensional Fund Advisors opened 98 new positions and closed 146 in Q2 2022.
- Dimensional Fund Advisors's portfolio value fell 14% quarter-over-quarter to $279B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2022, filed 12 Aug 2022.