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 | |
|---|---|---|---|---|---|---|
1601
Ares Management
ARES
$28.9B
| $35.3M | 0.01% |
366,330
-32,788
| -8% | -$2.83M |
|
1602
Life Time Group Holdings
LTH
$10.1B
| $35.3M | 0.01% |
1,793,611
+839,861
| +88% | +$16.1M |
|
1603
DraftKings
DKNG
$11.6B
| $35.3M | 0.01% |
1,327,674
+31,611
| +2% | +$728K |
|
1604
Lindsay Corp
LNN
$1.13B
| $35.2M | 0.01% |
295,345
+5,107
| +2% | +$634K |
|
1605
Methanex
MEOH
$4.3B
| $35.2M | 0.01% |
851,259
+42,263
| +5% | +$1.83M |
|
1606
Western Alliance Bancorporation
WAL
$8.79B
| $35.2M | 0.01% |
965,355
-75,086
| -7% | -$2.6M |
|
1607
SITE Centers
SITC
$225M
| $35.2M | 0.01% |
3,411,385
+4,496
| +0.1% | +$43K |
|
1608
Highwoods Properties
HIW
$3.65B
| $35.2M | 0.01% |
1,470,647
+11,614
| +0.8% | +$257K |
|
|
AZPN
1609
DELISTED
Aspen Technology Inc
AZPN
| $35.1M | 0.01% |
209,602
+796
| +0.4% | +$148K |
|
1610
Brookdale Senior Living
BKD
$3.49B
| $35.1M | 0.01% |
8,313,724
-433,790
| -5% | -$1.68M |
|
1611
Credicorp
BAP
$31.8B
| $35.1M | 0.01% |
237,570
-7,442
| -3% | -$1.02M |
|
1612
Koppers
KOP
$943M
| $35.1M | 0.01% |
1,028,111
+53,237
| +5% | +$1.73M |
|
1613
Boyd Gaming
BYD
$6.18B
| $35M | 0.01% |
505,207
+243
| +0% | +$16.3K |
|
1614
Thryv Holdings
THRY
$180M
| $35M | 0.01% |
1,424,567
+163,080
| +13% | +$3.79M |
|
1615
Cinemark Holdings
CNK
$4.24B
| $35M | 0.01% |
2,123,526
+164,917
| +8% | +$2.74M |
|
|
HSII
1616
DELISTED
Heidrick & Struggles
HSII
| $35M | 0.01% |
1,322,493
-29,871
| -2% | -$788K |
|
1617
Macerich
MAC
$7.33B
| $35M | 0.01% |
3,102,777
+62,034
| +2% | +$632K |
|
|
JWN
1618
DELISTED
Nordstrom
JWN
| $34.9M | 0.01% |
1,703,863
-27,511
| -2% | -$463K |
|
1619
Valaris
VAL
$5.48B
| $34.8M | 0.01% |
552,677
+61,231
| +12% | +$3.69M |
|
1620
Zoom
ZM
$28.2B
| $34.7M | 0.01% |
511,559
+42,810
| +9% | +$2.86M |
|
|
AXNX
1621
DELISTED
Axonics, Inc. Common Stock
AXNX
| $34.7M | 0.01% |
687,848
+137,160
| +25% | +$7.3M |
|
1622
Robinhood
HOOD
$77.8B
| $34.6M | 0.01% |
3,465,150
+705,304
| +26% | +$6.57M |
|
1623
Bumble
BMBL
$372M
| $34.6M | 0.01% |
2,060,642
+481,916
| +31% | +$8.32M |
|
1624
Okta
OKTA
$24.7B
| $34.6M | 0.01% |
498,408
+76,669
| +18% | +$5.82M |
|
1625
UGI
UGI
$7.74B
| $34.6M | 0.01% |
1,281,233
+58,713
| +5% | +$1.78M |
|
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.