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 | |
|---|---|---|---|---|---|---|
1401
Cracker Barrel
CBRL
$1.26B
| $46.9M | 0.01% |
502,968
+8,636
| +2% | +$887K |
|
1402
Bio-Techne
TECH
$11.2B
| $46.7M | 0.01% |
572,456
+2,563
| +0.4% | +$206K |
|
1403
Hawaiian Electric Industries
HE
$2.23B
| $46.5M | 0.01% |
1,285,788
+33,202
| +3% | +$1.25M |
|
1404
FB Financial Corp
FBK
$3.02B
| $46.5M | 0.01% |
1,658,678
+51,982
| +3% | +$1.48M |
|
1405
Kilroy Realty
KRC
$4.52B
| $46.5M | 0.01% |
1,544,407
+65,142
| +4% | +$1.9M |
|
1406
Freshpet
FRPT
$2.93B
| $46.5M | 0.01% |
706,170
+69,195
| +11% | +$4.53M |
|
1407
E.W. Scripps
SSP
$257M
| $46.3M | 0.01% |
5,062,775
-432,805
| -8% | -$3.65M |
|
1408
VF Corp
VFC
$5.63B
| $46.1M | 0.01% |
2,416,711
+545,245
| +29% | +$11.2M |
|
1409
Honda
HMC
$39.1B
| $46.1M | 0.01% |
1,520,607
+48,915
| +3% | +$1.38M |
|
1410
PRA Group
PRAA
$663M
| $45.9M | 0.01% |
2,010,026
-401,416
| -17% | -$11.1M |
|
1411
Heartland Express
HTLD
$948M
| $45.9M | 0.01% |
2,794,059
-65,566
| -2% | -$1.02M |
|
1412
Sony
SONY
$137B
| $45.8M | 0.01% |
2,545,100
-19,945
| -0.8% | -$374K |
|
1413
Alnylam Pharmaceuticals
ALNY
$27.5B
| $45.8M | 0.01% |
240,990
+22,511
| +10% | +$4.46M |
|
1414
Lincoln National
LNC
$8.73B
| $45.7M | 0.01% |
1,775,465
+24,749
| +1% | +$543K |
|
|
DVAX
1415
DELISTED
Dynavax Technologies
DVAX
| $45.7M | 0.01% |
3,539,385
+607,658
| +21% | +$6.92M |
|
|
ZEUS
1416
DELISTED
Olympic Steel
ZEUS
| $45.7M | 0.01% |
932,715
-8,652
| -0.9% | -$406K |
|
1417
Green Dot
GDOT
$743M
| $45.6M | 0.01% |
2,432,444
+199,253
| +9% | +$3.53M |
|
1418
Yeti Holdings
YETI
$3.71B
| $45.5M | 0.01% |
1,171,649
+94,345
| +9% | +$3.66M |
|
|
INVX
1419
Innovex International
INVX
$1.96B
| $45.5M | 0.01% |
1,954,358
+72,584
| +4% | +$1.85M |
|
1420
Planet Fitness
PLNT
$4.42B
| $45.4M | 0.01% |
673,365
+26,629
| +4% | +$1.91M |
|
|
ALE
1421
DELISTED
Allete
ALE
| $45.4M | 0.01% |
783,150
+26,699
| +4% | +$1.65M |
|
1422
CVB Financial
CVBF
$3.94B
| $45.4M | 0.01% |
3,415,704
-317,705
| -9% | -$4.38M |
|
1423
CRA International
CRAI
$1.16B
| $45.3M | 0.01% |
444,172
-48,984
| -10% | -$4.93M |
|
1424
US Physical Therapy
USPH
$1.2B
| $45.3M | 0.01% |
373,058
+8,851
| +2% | +$954K |
|
1425
Ingevity
NGVT
$2.51B
| $45.3M | 0.01% |
778,368
-17,316
| -2% | -$1.04M |
|
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.