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 | |
|---|---|---|---|---|---|---|
1551
Gorman-Rupp
GRC
$2.14B
| $37.9M | 0.01% |
1,314,971
-24,861
| -2% | -$633K |
|
1552
Sociedad Química y Minera de Chile
SQM
$19.2B
| $37.8M | 0.01% |
520,896
-18,891
| -3% | -$1.34M |
|
1553
HealthStream
HSTM
$819M
| $37.8M | 0.01% |
1,539,740
+8,634
| +0.6% | +$214K |
|
1554
Middlesex Water
MSEX
$1.08B
| $37.7M | 0.01% |
467,478
+9,721
| +2% | +$761K |
|
1555
American Airlines Group
AAL
$10.1B
| $37.7M | 0.01% |
2,101,735
+45,297
| +2% | +$664K |
|
1556
John B. Sanfilippo & Son
JBSS
$967M
| $37.7M | 0.01% |
321,051
+1,224
| +0.4% | +$137K |
|
1557
Sonos
SONO
$1.73B
| $37.6M | 0.01% |
2,302,841
+338,268
| +17% | +$6M |
|
1558
Lakeland Financial Corp
LKFN
$1.56B
| $37.6M | 0.01% |
774,927
+2,174
| +0.3% | +$114K |
|
1559
United Fire Group
UFCS
$1.32B
| $37.5M | 0.01% |
1,655,080
-67,475
| -4% | -$1.67M |
|
1560
Haverty Furniture Companies
HVT
$397M
| $37.5M | 0.01% |
1,240,672
+14,379
| +1% | +$412K |
|
1561
COPT Defense Properties
CDP
$4.3B
| $37.5M | 0.01% |
1,578,189
+19,404
| +1% | +$452K |
|
1562
Vale
VALE
$64.1B
| $37.5M | 0.01% |
2,790,686
-269,709
| -9% | -$3.82M |
|
1563
Republic Bancorp
RBCAA
$1.95B
| $37.4M | 0.01% |
879,969
+9,878
| +1% | +$412K |
|
1564
HubSpot
HUBS
$12.2B
| $37.3M | 0.01% |
70,175
+2,035
| +3% | +$954K |
|
1565
Center Bancorp
CNOB
$1.66B
| $37.3M | 0.01% |
2,249,391
-405,557
| -15% | -$6.33M |
|
1566
World Acceptance Corp
WRLD
$838M
| $37.2M | 0.01% |
277,785
+18,874
| +7% | +$2.03M |
|
1567
Victory Capital Holdings
VCTR
$6.19B
| $37.2M | 0.01% |
1,178,160
+430,131
| +58% | +$13.3M |
|
1568
AZZ Inc
AZZ
$4.35B
| $37.1M | 0.01% |
854,416
-61,413
| -7% | -$2.36M |
|
1569
Cannae Holdings
CNNE
$639M
| $37.1M | 0.01% |
1,837,266
-421,995
| -19% | -$8.1M |
|
|
EBIX
1570
DELISTED
Ebix Inc
EBIX
| $37.1M | 0.01% |
1,471,814
+105,250
| +8% | +$1.97M |
|
|
PFC
1571
DELISTED
Premier Financial Corp. Common Stock
PFC
| $37M | 0.01% |
2,310,341
-216,888
| -9% | -$3.57M |
|
1572
Madison Square Garden
MSGE
$3.65B
| $36.9M | 0.01% |
+1,098,755
| New | +$37.7M |
|
|
AVTA
1573
DELISTED
Avantax, Inc. Common Stock
AVTA
| $36.8M | 0.01% |
1,645,915
-130,983
| -7% | -$3.09M |
|
1574
Semtech
SMTC
$11B
| $36.8M | 0.01% |
1,446,387
+65,316
| +5% | +$1.41M |
|
1575
Repligen
RGEN
$7.96B
| $36.8M | 0.01% |
260,256
+19,633
| +8% | +$3.15M |
|
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.