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 | |
|---|---|---|---|---|---|---|
1351
Kforce
KFRC
$1.02B
| $50.6M | 0.02% |
807,472
-64
| -0% | -$3.85K |
|
1352
First Bancorp
FBNC
$2.6B
| $50.5M | 0.02% |
1,698,033
+60,030
| +4% | +$1.9M |
|
1353
MarketAxess Holdings
MKTX
$5.71B
| $50.5M | 0.02% |
193,050
+5,194
| +3% | +$1.55M |
|
1354
Philips
PHG
$25.7B
| $50.3M | 0.02% |
2,592,290
+307,834
| +13% | +$5.38M |
|
1355
Cable One
CABO
$227M
| $50.3M | 0.02% |
76,510
+21,844
| +40% | +$14.7M |
|
1356
Corcept Therapeutics
CORT
$12.4B
| $50.2M | 0.02% |
2,254,466
+100,459
| +5% | +$2.31M |
|
1357
Malibu Boats
MBUU
$541M
| $50M | 0.02% |
852,456
+53,487
| +7% | +$3M |
|
1358
CGI
GIB
$15.1B
| $50M | 0.02% |
474,190
+10,905
| +2% | +$1.11M |
|
1359
REX American Resources
REX
$1.42B
| $49.9M | 0.02% |
2,868,714
-71,634
| -2% | -$1.11M |
|
1360
Erie Indemnity
ERIE
$12.7B
| $49.9M | 0.02% |
237,418
-7,119
| -3% | -$1.59M |
|
1361
Agilysys
AGYS
$2.97B
| $49.8M | 0.02% |
725,678
-7,304
| -1% | -$550K |
|
1362
GoDaddy
GDDY
$11B
| $49.7M | 0.02% |
661,970
+33,233
| +5% | +$2.45M |
|
1363
EPR Properties
EPR
$4.76B
| $49.7M | 0.02% |
1,062,609
+14,271
| +1% | +$602K |
|
1364
Halozyme
HALO
$9.79B
| $49.7M | 0.02% |
1,378,639
-22,373
| -2% | -$763K |
|
1365
Kaiser Aluminum
KALU
$2.61B
| $49.7M | 0.02% |
693,731
-4,547
| -0.7% | -$300K |
|
1366
Southwest Gas
SWX
$6.47B
| $49.7M | 0.02% |
780,704
+15,355
| +2% | +$908K |
|
1367
Frontdoor
FTDR
$5.1B
| $49.6M | 0.02% |
1,556,118
+76,082
| +5% | +$2.27M |
|
1368
CVR Energy
CVI
$3.58B
| $49.6M | 0.02% |
1,656,376
-11,536
| -0.7% | -$310K |
|
1369
National Beverage
FIZZ
$2.96B
| $49.5M | 0.02% |
1,024,510
+22,153
| +2% | +$1.11M |
|
1370
Essential Properties Realty Trust
EPRT
$6.77B
| $49.3M | 0.02% |
2,096,340
+93,059
| +5% | +$2.27M |
|
1371
RPC Inc
RES
$1.24B
| $49.2M | 0.02% |
6,876,326
+958,766
| +16% | +$7.02M |
|
1372
Schrodinger
SDGR
$1.13B
| $49M | 0.02% |
980,877
+149,335
| +18% | +$5.05M |
|
1373
Pinnacle West Capital
PNW
$12.2B
| $48.9M | 0.02% |
600,085
+18,443
| +3% | +$1.47M |
|
1374
Cousins Properties
CUZ
$5.19B
| $48.9M | 0.02% |
2,143,802
+49,725
| +2% | +$1.04M |
|
1375
United States Lime & Minerals
USLM
$3.16B
| $48.8M | 0.02% |
1,168,850
-12,320
| -1% | -$431K |
|
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.