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 | |
|---|---|---|---|---|---|---|
|
EMBJ
1676
Embraer S.A. ADS
EMBJ
$12.2B
| $31.7M | 0.01% |
2,052,301
-89,705
| -4% | -$1.37M |
|
1677
Orion
OEC
$381M
| $31.7M | 0.01% |
1,495,218
+104,952
| +8% | +$2.53M |
|
1678
Neurocrine Biosciences
NBIX
$16.8B
| $31.7M | 0.01% |
336,164
+15,682
| +5% | +$1.53M |
|
|
NAPA
1679
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $31.7M | 0.01% |
2,443,837
+770,420
| +46% | +$10.9M |
|
1680
Century Aluminum
CENX
$4.43B
| $31.6M | 0.01% |
3,625,916
-280,022
| -7% | -$2.43M |
|
1681
ADT
ADT
$5.58B
| $31.5M | 0.01% |
5,222,779
+180,147
| +4% | +$1.13M |
|
|
SIX
1682
DELISTED
Six Flags Entertainment Corp.
SIX
| $31.3M | 0.01% |
1,206,197
+212,655
| +21% | +$5.5M |
|
1683
Cerence
CRNC
$385M
| $31.3M | 0.01% |
1,072,002
+267,642
| +33% | +$7.34M |
|
1684
Enviri
NVRI
$623M
| $31.3M | 0.01% |
3,174,500
+467,698
| +17% | +$3.85M |
|
1685
Ceco Environmental
CECO
$3.85B
| $31.3M | 0.01% |
2,345,148
-30,867
| -1% | -$384K |
|
1686
MKS Inc
MKSI
$20.1B
| $31.2M | 0.01% |
288,510
-287,116
| -50% | -$26.3M |
|
1687
Conduent
CNDT
$244M
| $31.1M | 0.01% |
9,158,728
+6,341
| +0.1% | +$20.8K |
|
|
AY
1688
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $31.1M | 0.01% |
1,327,436
+35,664
| +3% | +$916K |
|
1689
Medifast
MED
$109M
| $31.1M | 0.01% |
337,297
+4,558
| +1% | +$406K |
|
1690
Eastern Bankshares
EBC
$5.26B
| $31.1M | 0.01% |
2,533,192
-52,417
| -2% | -$621K |
|
1691
Tootsie Roll Industries
TR
$2.93B
| $31M | 0.01% |
958,036
-9,679
| -1% | -$353K |
|
|
CHS
1692
DELISTED
Chicos FAS, Inc.
CHS
| $31M | 0.01% |
5,791,774
+605,440
| +12% | +$3.16M |
|
1693
Douglas Emmett
DEI
$1.98B
| $31M | 0.01% |
2,464,908
+49,499
| +2% | +$598K |
|
|
EQC
1694
DELISTED
Equity Commonwealth
EQC
| $30.9M | 0.01% |
1,527,389
+15,844
| +1% | +$328K |
|
|
OSG
1695
Octave Specialty Group
OSG
$243M
| $30.9M | 0.01% |
2,171,341
+480,450
| +28% | +$7.03M |
|
1696
Gildan
GIL
$10.3B
| $30.9M | 0.01% |
958,530
+413
| +0% | +$12.7K |
|
1697
Pan American Silver
PAAS
$18.2B
| $30.7M | 0.01% |
2,107,679
-527,951
| -20% | -$8.72M |
|
1698
DoubleVerify
DV
$1.73B
| $30.7M | 0.01% |
789,492
+19,065
| +2% | +$615K |
|
|
HOUS
1699
DELISTED
Anywhere Real Estate
HOUS
| $30.6M | 0.01% |
4,575,460
-634,728
| -12% | -$3.81M |
|
1700
Four Corners Property Trust
FCPT
$2.81B
| $30.5M | 0.01% |
1,202,092
+32,255
| +3% | +$834K |
|
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.