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 |
Capital One
COF
|
+$391M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$376M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$361M |
| 4 |
Johnson & Johnson
JNJ
|
+$258M |
| 5 |
Procter & Gamble
PG
|
+$175M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$536M |
| 2 |
X
US Steel
X
|
+$421M |
| 3 |
NVIDIA
NVDA
|
+$375M |
| 4 |
Deere & Co
DE
|
+$226M |
| 5 |
JPMorgan Chase
JPM
|
+$209M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.92% |
| 2 | Financials | 18.53% |
| 3 | Industrials | 12.39% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Healthcare | 9.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Charter Communications
CHTR
$15.2B
| $583M | 0.13% |
1,425,784
+326,491
| +30% | +$125M |
|
102
CVS Health
CVS
$137B
| $582M | 0.13% |
8,433,263
-96,151
| -1% | -$6.3M |
|
103
Johnson Controls International
JCI
$87.5B
| $580M | 0.13% |
5,495,019
-243,158
| -4% | -$22.4M |
|
104
Ameriprise Financial
AMP
$46.8B
| $572M | 0.13% |
1,071,884
-17,664
| -2% | -$8.73M |
|
105
MetLife
MET
$61B
| $568M | 0.13% |
7,064,815
+393,380
| +6% | +$30.4M |
|
106
Mondelez International
MDLZ
$77.7B
| $567M | 0.13% |
8,409,641
-583,457
| -6% | -$38.9M |
|
107
PACCAR
PCAR
$69.6B
| $566M | 0.13% |
5,954,423
-149,633
| -2% | -$13.8M |
|
108
Freeport-McMoran
FCX
$90B
| $565M | 0.13% |
13,021,956
-140,102
| -1% | -$5.32M |
|
109
Delta Air Lines
DAL
$55.9B
| $561M | 0.13% |
11,413,883
+535,938
| +5% | +$24.6M |
|
110
American International
AIG
$41.9B
| $558M | 0.13% |
6,524,751
-405,207
| -6% | -$33.7M |
|
111
FedEx
FDX
$74.5B
| $557M | 0.13% |
2,451,856
+288,544
| +13% | +$63.2M |
|
112
Waste Management
WM
$95.9B
| $549M | 0.13% |
2,400,511
-62,392
| -3% | -$14.5M |
|
|
BNY
113
Bank of New York Mellon
BNY
$108B
| $548M | 0.13% |
6,012,212
-3,841
| -0.1% | -$326K |
|
114
TE Connectivity
TEL
$58.8B
| $539M | 0.12% |
3,193,115
-79,907
| -2% | -$12.1M |
|
115
Booking.com
BKNG
$138B
| $531M | 0.12% |
2,292,150
-52,700
| -2% | -$10.8M |
|
116
Cheniere Energy
LNG
$56.5B
| $530M | 0.12% |
2,177,766
+37,920
| +2% | +$8.78M |
|
117
Norfolk Southern
NSC
$78.8B
| $528M | 0.12% |
2,060,913
+16,763
| +0.8% | +$3.95M |
|
118
McDonald's
MCD
$188B
| $521M | 0.12% |
1,784,003
+3,798
| +0.2% | +$1.17M |
|
119
Progressive
PGR
$124B
| $519M | 0.12% |
1,944,536
+90,682
| +5% | +$24.9M |
|
120
Applied Materials
AMAT
$426B
| $517M | 0.12% |
2,822,649
-77,411
| -3% | -$12.3M |
|
121
Danaher
DHR
$135B
| $514M | 0.12% |
2,600,238
-41,177
| -2% | -$7.99M |
|
122
Toronto Dominion Bank
TD
$198B
| $511M | 0.12% |
6,950,838
-25,267
| -0.4% | -$1.65M |
|
|
SCHW
123
Charles Schwab
SCHW
$177B
| $503M | 0.12% |
5,518,101
+39,924
| +0.7% | +$3.34M |
|
124
Cummins
CMI
$91.7B
| $501M | 0.12% |
1,529,975
+21,064
| +1% | +$6.52M |
|
125
Northrop Grumman
NOC
$77B
| $499M | 0.12% |
998,710
+149,302
| +18% | +$73.4M |
|
Similar funds
Dimensional Fund Advisors's Q2 2025 Portfolio in Review
As of Q2 2025, Dimensional Fund Advisors held 3,373 positions worth $432B, up 7.4% from $402B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Trading was light in Q2 2025: portfolio turnover was 4.6%. Dimensional Fund Advisors opened 53 new positions and exited 101, leaving the 3,373-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 19% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2025 buy was Ralliant Corp: 965,437 shares worth $46.9M.
- Dimensional Fund Advisors added most to Capital One in Q2 2025, an estimated $391M increase.
- Dimensional Fund Advisors's biggest Q2 2025 reduction was NVIDIA, cutting an estimated $375M.
- Dimensional Fund Advisors fully exited Discover Financial Services in Q2 2025, selling an estimated $536M.
- Dimensional Fund Advisors's ten largest holdings make up 17% of its $432B portfolio in Q2 2025.
- Dimensional Fund Advisors opened 53 new positions and closed 101 in Q2 2025.
- Dimensional Fund Advisors's portfolio value rose 7.4% quarter-over-quarter to $432B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2025, filed 12 Aug 2025.