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 | |
|---|---|---|---|---|---|---|
1426
Capitol Federal Financial
CFFN
$1.09B
| $45.3M | 0.01% |
7,335,158
-408,159
| -5% | -$2.54M |
|
1427
Caleres
CAL
$431M
| $45.2M | 0.01% |
1,888,765
+38,297
| +2% | +$858K |
|
1428
Energizer
ENR
$1.44B
| $45.2M | 0.01% |
1,344,816
+68,740
| +5% | +$2.3M |
|
1429
Alliant Energy
LNT
$18.3B
| $45.2M | 0.01% |
860,494
+20,098
| +2% | +$1.08M |
|
1430
HNI Corp
HNI
$3.24B
| $45.1M | 0.01% |
1,600,589
+340,273
| +27% | +$9.05M |
|
1431
AtriCure
ATRC
$1.92B
| $45.1M | 0.01% |
913,632
+57,528
| +7% | +$2.65M |
|
1432
LeMaitre Vascular
LMAT
$2.32B
| $45M | 0.01% |
668,812
+4,905
| +0.7% | +$299K |
|
1433
Pacira BioSciences
PCRX
$1.04B
| $45M | 0.01% |
1,122,274
+133,097
| +13% | +$5.5M |
|
1434
Manitowoc
MTW
$497M
| $44.9M | 0.01% |
2,385,422
-14,122
| -0.6% | -$228K |
|
1435
National Fuel Gas
NFG
$7.82B
| $44.9M | 0.01% |
873,540
+19,603
| +2% | +$1.04M |
|
1436
Verra Mobility
VRRM
$804M
| $44.9M | 0.01% |
2,274,955
+189,602
| +9% | +$3.35M |
|
1437
EPAM Systems
EPAM
$5.51B
| $44.9M | 0.01% |
199,584
+3,309
| +2% | +$833K |
|
1438
Banco Santander
SAN
$201B
| $44.7M | 0.01% |
12,039,415
+952
| +0% | +$3.36K |
|
1439
CarGurus
CARG
$3.27B
| $44.7M | 0.01% |
1,973,311
+755,943
| +62% | +$14.3M |
|
1440
Revolution Medicines
RVMD
$39.9B
| $44.6M | 0.01% |
1,668,776
+58,789
| +4% | +$1.44M |
|
|
BRKL
1441
DELISTED
Brookline Bancorp
BRKL
| $44.6M | 0.01% |
5,106,170
-606,653
| -11% | -$5.53M |
|
1442
Crane NXT
CXT
$2.99B
| $44.6M | 0.01% |
790,630
-1,178,381
| -60% | -$59.9M |
|
1443
British American Tobacco
BTI
$131B
| $44.6M | 0.01% |
1,343,787
-162,821
| -11% | -$5.57M |
|
|
WCN
1444
Waste Connections
WCN
$42.2B
| $44.6M | 0.01% |
312,015
+35,032
| +13% | +$4.89M |
|
1445
Shutterstock
SSTK
$198M
| $44.5M | 0.01% |
914,125
+65,711
| +8% | +$3.75M |
|
1446
National Bank Holdings
NBHC
$1.92B
| $44.4M | 0.01% |
1,527,847
+95,058
| +7% | +$2.97M |
|
1447
National Grid
NGG
$80.4B
| $44.4M | 0.01% |
699,131
+13,968
| +2% | +$916K |
|
1448
Quaker Houghton
KWR
$2.76B
| $44.3M | 0.01% |
227,547
+21,015
| +10% | +$4.11M |
|
1449
Donnelley Financial Solutions
DFIN
$1.16B
| $44.3M | 0.01% |
973,239
+3,270
| +0.3% | +$144K |
|
|
SFBS
1450
ServisFirst Bancshares
SFBS
$4.89B
| $44.3M | 0.01% |
1,081,491
-70,760
| -6% | -$3.27M |
|
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.