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 | |
|---|---|---|---|---|---|---|
1851
Shoals Technologies Group
SHLS
$1.54B
| $23.4M | 0.01% |
917,466
+31,692
| +4% | +$733K |
|
1852
Lumen
LUMN
$6.49B
| $23.4M | 0.01% |
10,365,489
-6,147,747
| -37% | -$13.5M |
|
1853
Distribution Solutions Group
DSGR
$1.6B
| $23.4M | 0.01% |
897,482
+65,458
| +8% | +$1.54M |
|
1854
LSB Industries
LXU
$734M
| $23.2M | 0.01% |
2,355,645
-143,986
| -6% | -$1.38M |
|
1855
A10 Networks
ATEN
$2.11B
| $23.2M | 0.01% |
1,589,053
+114,597
| +8% | +$1.66M |
|
1856
Sotera Health
SHC
$5.16B
| $23.2M | 0.01% |
1,230,323
+446,046
| +57% | +$7.09M |
|
1857
Coinbase
COIN
$38.4B
| $23.2M | 0.01% |
323,793
+56,077
| +21% | +$3.34M |
|
1858
Arcus Biosciences
RCUS
$3.5B
| $23.1M | 0.01% |
1,139,480
-167,597
| -13% | -$3.19M |
|
1859
National Presto Industries
NPK
$957M
| $23.1M | 0.01% |
316,061
+7,256
| +2% | +$534K |
|
1860
Regional Management Corp
RM
$326M
| $23.1M | 0.01% |
757,823
-18,992
| -2% | -$521K |
|
1861
Clearway Energy Class C
CWEN
$4.97B
| $23.1M | 0.01% |
807,506
+36,539
| +5% | +$1.1M |
|
|
SPNS
1862
DELISTED
Sapiens International
SPNS
| $23M | 0.01% |
865,567
+64,887
| +8% | +$1.53M |
|
1863
Construction Partners
ROAD
$6.09B
| $23M | 0.01% |
732,902
-3,071
| -0.4% | -$87.9K |
|
1864
Colliers International
CIGI
$5.18B
| $23M | 0.01% |
234,146
+51,521
| +28% | +$5.01M |
|
|
FBMS
1865
DELISTED
The First Bancshares, Inc.
FBMS
| $22.9M | 0.01% |
886,685
+64,838
| +8% | +$1.66M |
|
1866
Applovin
APP
$135B
| $22.9M | 0.01% |
889,707
+791,809
| +809% | +$16.4M |
|
1867
NWPX Infrastructure Inc
NWPX
$1.2B
| $22.8M | 0.01% |
754,390
-9,387
| -1% | -$267K |
|
|
AVDX
1868
DELISTED
AvidXchange
AVDX
| $22.6M | 0.01% |
2,176,644
+508,405
| +30% | +$4.57M |
|
1869
Liberty Latin America Class A
LILA
$1.69B
| $22.6M | 0.01% |
3,795,044
+172,598
| +5% | +$965K |
|
|
JBGS
1870
JBG SMITH
JBGS
$827M
| $22.5M | 0.01% |
1,497,209
+17,394
| +1% | +$253K |
|
1871
Interactive Brokers
IBKR
$39.1B
| $22.5M | 0.01% |
1,083,056
-51,132
| -5% | -$1.01M |
|
1872
KRONOS Worldwide
KRO
$702M
| $22.5M | 0.01% |
2,574,644
+211,882
| +9% | +$1.87M |
|
|
SWAV
1873
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $22.5M | 0.01% |
78,747
-7,824
| -9% | -$2.17M |
|
|
IMGN
1874
DELISTED
Immunogen Inc
IMGN
| $22.4M | 0.01% |
1,189,219
-2,578
| -0.2% | -$30.4K |
|
1875
Huazhu Hotels Group
HTHT
$13.1B
| $22.4M | 0.01% |
578,710
-60,728
| -9% | -$2.64M |
|
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.