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 | |
|---|---|---|---|---|---|---|
1651
Tanger
SKT
$4.67B
| $32.7M | 0.01% |
1,482,175
+20,442
| +1% | +$410K |
|
|
KAMN
1652
DELISTED
Kaman Corp
KAMN
| $32.7M | 0.01% |
1,343,635
-106,859
| -7% | -$2.41M |
|
1653
Movado Group
MOV
$849M
| $32.7M | 0.01% |
1,217,623
-69,187
| -5% | -$1.81M |
|
1654
STMicroelectronics
STM
$46.7B
| $32.6M | 0.01% |
652,844
+142,006
| +28% | +$6.59M |
|
|
TRST
1655
Trustco Bank Corp NY
TRST
$970M
| $32.5M | 0.01% |
1,137,122
+6,833
| +0.6% | +$201K |
|
|
SP
1656
DELISTED
SP Plus Corporation
SP
| $32.5M | 0.01% |
830,734
-1,160
| -0.1% | -$41.7K |
|
1657
First Advantage
FA
$3.4B
| $32.5M | 0.01% |
2,107,606
+446,589
| +27% | +$5.99M |
|
1658
Under Armour
UAA
$2.84B
| $32.5M | 0.01% |
4,497,305
+1,768,346
| +65% | +$14.2M |
|
1659
Flywire
FLYW
$1.98B
| $32.4M | 0.01% |
1,042,223
+263,284
| +34% | +$7.9M |
|
1660
Las Vegas Sands
LVS
$31.7B
| $32.3M | 0.01% |
557,470
-102,982
| -16% | -$6.09M |
|
1661
Adeia
ADEA
$2.94B
| $32.3M | 0.01% |
2,936,055
-740,934
| -20% | -$6.76M |
|
|
VTLE
1662
DELISTED
Vital Energy
VTLE
| $32.3M | 0.01% |
714,385
-9,247
| -1% | -$418K |
|
1663
BILL Holdings
BILL
$4.49B
| $32.2M | 0.01% |
275,955
+50,949
| +23% | +$4.84M |
|
1664
Argan
AGX
$8B
| $32.2M | 0.01% |
816,866
-13,787
| -2% | -$558K |
|
|
AVID
1665
DELISTED
Avid Technology Inc
AVID
| $32.2M | 0.01% |
1,262,170
-19,001
| -1% | -$492K |
|
1666
Mercantile Bank Corp
MBWM
$1.04B
| $32.1M | 0.01% |
1,163,193
-29,443
| -2% | -$816K |
|
1667
Tecnoglass Holdings Inc.
TGLS
$1.93B
| $32.1M | 0.01% |
621,126
+129,306
| +26% | +$5.75M |
|
1668
Outfront Media
OUT
$5.61B
| $32M | 0.01% |
2,068,145
+61,600
| +3% | +$927K |
|
1669
National Health Investors
NHI
$3.72B
| $31.9M | 0.01% |
609,402
+5,045
| +0.8% | +$260K |
|
1670
IDT Corp
IDT
$1.64B
| $31.9M | 0.01% |
1,234,212
-8,600
| -0.7% | -$266K |
|
1671
Ferrari
RACE
$69.2B
| $31.9M | 0.01% |
98,075
+10,813
| +12% | +$3.15M |
|
1672
Live Oak Bancshares
LOB
$1.98B
| $31.9M | 0.01% |
1,210,793
+19,523
| +2% | +$460K |
|
1673
Miller Industries
MLR
$573M
| $31.8M | 0.01% |
897,852
-7,243
| -0.8% | -$251K |
|
1674
Newmark Group
NMRK
$2.66B
| $31.8M | 0.01% |
5,115,632
+439,737
| +9% | +$2.71M |
|
1675
Virtu Financial
VIRT
$5.11B
| $31.8M | 0.01% |
1,858,023
+222,116
| +14% | +$4.07M |
|
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.