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 |
Apple
AAPL
|
+$588M |
| 2 |
UnitedHealth
UNH
|
+$429M |
| 3 |
Johnson & Johnson
JNJ
|
+$333M |
| 4 |
Amazon
AMZN
|
+$229M |
| 5 |
Microsoft
MSFT
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EXE
Expand Energy Corp
EXE
|
+$322M |
| 2 |
JPMorgan Chase
JPM
|
+$304M |
| 3 |
K
Kellanova
K
|
+$164M |
| 4 |
SUM
Summit Materials, Inc. Class A Common Stock
SUM
|
+$159M |
| 5 |
AZPN
Aspen Technology Inc
AZPN
|
+$156M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.81% |
| 2 | Financials | 18.7% |
| 3 | Industrials | 12.07% |
| 4 | Healthcare | 10.44% |
| 5 | Consumer Discretionary | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
Shopify
SHOP
$191B
| $54.2M | 0.01% |
567,389
+71,201
| +14% | +$7.76M |
|
1427
Chefs' Warehouse
CHEF
$4.5B
| $54M | 0.01% |
991,640
-217,975
| -18% | -$12.2M |
|
1428
Tanger
SKT
$4.66B
| $54M | 0.01% |
1,597,305
+43,450
| +3% | +$1.46M |
|
1429
SiriusXM
SIRI
$10.2B
| $54M | 0.01% |
2,393,483
-8,107
| -0.3% | -$191K |
|
1430
Lloyds Banking Group
LYG
$91.2B
| $53.6M | 0.01% |
14,040,936
-2,363,323
| -14% | -$7.82M |
|
|
K
1431
DELISTED
Kellanova
K
| $53.6M | 0.01% |
649,858
-1,995,554
| -75% | -$164M |
|
|
BELFB
1432
Bel Fuse Inc Class B
BELFB
$4.3B
| $53.5M | 0.01% |
714,658
-37,464
| -5% | -$2.99M |
|
1433
Ares Management
ARES
$31.4B
| $53.5M | 0.01% |
364,909
-87,038
| -19% | -$15M |
|
1434
Lumen
LUMN
$6.21B
| $53.5M | 0.01% |
13,637,663
+3,825,168
| +39% | +$19.1M |
|
1435
Royalty Pharma
RPRX
$25.6B
| $53.4M | 0.01% |
1,715,387
+34,852
| +2% | +$1.1M |
|
1436
Interface
TILE
$2.05B
| $53.2M | 0.01% |
2,680,913
+46,665
| +2% | +$1.02M |
|
|
CPRX
1437
DELISTED
Catalyst Pharmaceutical
CPRX
| $53M | 0.01% |
2,187,422
-825,610
| -27% | -$18.6M |
|
1438
Preferred Bank
PFBC
$1.26B
| $53M | 0.01% |
633,671
-30,724
| -5% | -$2.66M |
|
1439
Upbound Group
UPBD
$1.18B
| $53M | 0.01% |
2,211,010
-117,219
| -5% | -$3.22M |
|
1440
HubSpot
HUBS
$12.7B
| $52.8M | 0.01% |
92,339
+5,320
| +6% | +$3.73M |
|
1441
Virtus Investment Partners
VRTS
$1.08B
| $52.7M | 0.01% |
305,701
-15,192
| -5% | -$2.9M |
|
1442
Century Aluminum
CENX
$4.69B
| $52.7M | 0.01% |
2,837,851
-100,119
| -3% | -$1.92M |
|
1443
Power Integrations
POWI
$3.45B
| $52.6M | 0.01% |
1,040,860
+38,361
| +4% | +$2.3M |
|
|
NVEE
1444
DELISTED
NV5 Global
NVEE
| $52.5M | 0.01% |
2,723,236
+208,920
| +8% | +$3.83M |
|
1445
Tencent Music
TME
$15.6B
| $52.4M | 0.01% |
3,634,998
+381,589
| +12% | +$4.76M |
|
1446
LivaNova
LIVN
$4.21B
| $52.3M | 0.01% |
1,331,954
+20,964
| +2% | +$940K |
|
1447
Carter's
CRI
$1.44B
| $52.3M | 0.01% |
1,278,061
+29,572
| +2% | +$1.42M |
|
|
PLYA
1448
DELISTED
Playa Hotels & Resorts
PLYA
| $52.1M | 0.01% |
3,912,144
-3,509,645
| -47% | -$45.5M |
|
1449
Pembina Pipeline
PBA
$27.7B
| $52M | 0.01% |
1,299,631
+123,695
| +11% | +$4.64M |
|
|
DVAX
1450
DELISTED
Dynavax Technologies
DVAX
| $52M | 0.01% |
4,009,683
-58,268
| -1% | -$771K |
|
Similar funds
Dimensional Fund Advisors's Q1 2025 Portfolio in Review
As of Q1 2025, Dimensional Fund Advisors held 3,398 positions worth $402B, down 3.4% from $416B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q1 2025: portfolio turnover was 4%. Dimensional Fund Advisors opened 59 new positions and exited 78, leaving the 3,398-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q1 2025 buy was Sandisk: 849,963 shares worth $40.5M.
- Dimensional Fund Advisors added most to Apple in Q1 2025, an estimated $588M increase.
- Dimensional Fund Advisors's biggest Q1 2025 reduction was Expand Energy Corp, cutting an estimated $322M.
- Dimensional Fund Advisors fully exited Summit Materials, Inc. Class A Common Stock in Q1 2025, selling an estimated $159M.
- Dimensional Fund Advisors's ten largest holdings make up 15% of its $402B portfolio in Q1 2025.
- Dimensional Fund Advisors opened 59 new positions and closed 78 in Q1 2025.
- Dimensional Fund Advisors's portfolio value fell 3.4% quarter-over-quarter to $402B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2025, filed 13 May 2025.