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 |
Shell
SHEL
|
+$972M |
| 2 |
Meta Platforms (Facebook)
META
|
+$324M |
| 3 |
Webster Financial
WBS
|
+$279M |
| 4 |
Chevron
CVX
|
+$206M |
| 5 |
Advanced Micro Devices
AMD
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$780M |
| 2 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$335M |
| 3 |
STL
Sterling Bancorp
STL
|
+$283M |
| 4 |
SC
SANTANDER CONSUMER USA HOLDINGS INC
SC
|
+$252M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$241M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.89% |
| 2 | Technology | 16.14% |
| 3 | Industrials | 12.35% |
| 4 | Healthcare | 10.84% |
| 5 | Consumer Discretionary | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Cass Information Systems
CASS
$725M
| $19.7M | 0.01% |
534,353
+5,501
| +1% | +$219K |
|
1977
iHeartMedia
IHRT
$564M
| $19.7M | 0.01% |
1,041,429
+96,115
| +10% | +$1.92M |
|
1978
IMAX
IMAX
$2.75B
| $19.7M | 0.01% |
1,039,779
+6,605
| +0.6% | +$124K |
|
1979
Clarivate
CLVT
$1.28B
| $19.6M | 0.01% |
1,172,471
+50,679
| +5% | +$840K |
|
|
TBRG
1980
DELISTED
TruBridge
TBRG
| $19.6M | 0.01% |
570,050
+21,661
| +4% | +$662K |
|
1981
Barrett Business Services
BBSI
$979M
| $19.6M | 0.01% |
1,012,732
+17,456
| +2% | +$295K |
|
1982
Iovance Biotherapeutics
IOVA
$1.86B
| $19.6M | 0.01% |
1,174,464
+289,983
| +33% | +$4.48M |
|
1983
Astrana Health
ASTH
$1.79B
| $19.4M | 0.01% |
401,240
+22,761
| +6% | +$1.17M |
|
|
MOFG
1984
DELISTED
MidWestOne Financial Group
MOFG
| $19.4M | 0.01% |
585,754
+18,442
| +3% | +$590K |
|
1985
BGC Group
BGC
$5.44B
| $19.3M | 0.01% |
4,385,538
+38,336
| +0.9% | +$170K |
|
1986
Anterix
ATEX
$1.86B
| $19.3M | 0.01% |
333,229
+3,838
| +1% | +$210K |
|
1987
Codexis
CDXS
$153M
| $19.2M | 0.01% |
932,955
+7,830
| +0.8% | +$162K |
|
1988
Bar Harbor Bankshares
BHB
$678M
| $19.2M | 0.01% |
671,599
+1,775
| +0.3% | +$52.9K |
|
1989
UFP Technologies
UFPT
$2.06B
| $19.2M | 0.01% |
289,687
+141
| +0% | +$9.69K |
|
1990
Aegon
AEG
$14B
| $19.1M | 0.01% |
3,778,251
+244,341
| +7% | +$1.23M |
|
|
AVLR
1991
DELISTED
Avalara, Inc.
AVLR
| $19.1M | 0.01% |
191,441
+15,139
| +9% | +$1.53M |
|
|
OPTU
1992
Optimum Communications Inc
OPTU
$316M
| $19M | 0.01% |
1,520,562
-67,336
| -4% | -$900K |
|
1993
Metropolitan Bank Holding Corp
MCB
$1.16B
| $18.9M | 0.01% |
186,102
+5,648
| +3% | +$585K |
|
|
FLIC
1994
DELISTED
First of Long Island Corp
FLIC
| $18.9M | 0.01% |
972,315
+28,512
| +3% | +$613K |
|
1995
Consensus Cloud Solutions
CCSI
$695M
| $18.9M | 0.01% |
313,809
-9,346
| -3% | -$540K |
|
|
BRY
1996
DELISTED
Berry Corp
BRY
| $18.8M | 0.01% |
1,823,380
+243,867
| +15% | +$2.31M |
|
1997
Grocery Outlet
GO
$946M
| $18.8M | 0.01% |
573,292
+129,687
| +29% | +$3.62M |
|
1998
West Bancorporation
WTBA
$489M
| $18.7M | 0.01% |
688,180
-3,017
| -0.4% | -$89.2K |
|
1999
Wheaton Precious Metals
WPM
$49.4B
| $18.7M | 0.01% |
392,516
+40,747
| +12% | +$1.77M |
|
2000
LendingTree
TREE
$463M
| $18.6M | 0.01% |
155,832
+6,973
| +5% | +$824K |
|
Similar funds
Dimensional Fund Advisors's Q1 2022 Portfolio in Review
As of Q1 2022, Dimensional Fund Advisors held 3,635 positions worth $325B, down 1.9% from $331B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q1 2022 filing shows 98 new, 2,062 increased, 1,167 reduced and 121 closed positions. Its largest new stake was Shell: 18,315,111 shares worth $1.01B. The largest sale was Royal Dutch Shell PLC ADS Class B, an estimated $780M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q1 2022 buy was Shell: 18,315,111 shares worth $1.01B.
- Dimensional Fund Advisors added most to Meta Platforms (Facebook) in Q1 2022, an estimated $324M increase.
- Dimensional Fund Advisors's biggest Q1 2022 reduction was Canadian Pacific Kansas City, cutting an estimated $241M.
- Dimensional Fund Advisors fully exited Royal Dutch Shell PLC ADS Class B in Q1 2022, selling an estimated $780M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $325B portfolio in Q1 2022.
- Dimensional Fund Advisors opened 98 new positions and closed 121 in Q1 2022.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $325B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2022, filed 13 May 2022.