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
|
+$406M |
| 2 |
Warner Bros
WBD
|
+$318M |
| 3 |
Chevron
CVX
|
+$238M |
| 4 |
Tesla
TSLA
|
+$165M |
| 5 |
M&T Bank
MTB
|
+$162M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional National Municipal Bond ETF
DFNM
|
+$654M |
| 2 |
Amazon
AMZN
|
+$413M |
| 3 |
AT&T
T
|
+$354M |
| 4 |
Dimensional US High Profitability ETF
DUHP
|
+$263M |
| 5 |
CERN
Cerner Corp
CERN
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.93% |
| 2 | Technology | 15.13% |
| 3 | Industrials | 12.18% |
| 4 | Healthcare | 11.63% |
| 5 | Consumer Discretionary | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
York Water
YORW
$514M
| $15.4M | 0.01% |
381,767
+1,266
| +0.3% | +$51.2K |
|
2002
Comtech Telecommunications
CMTL
$51.8M
| $15.4M | 0.01% |
1,694,999
-44,509
| -3% | -$556K |
|
2003
Astrana Health
ASTH
$1.77B
| $15.3M | 0.01% |
397,623
-3,617
| -0.9% | -$138K |
|
2004
Sanofi
SNY
$104B
| $15.3M | 0.01% |
306,300
+6,291
| +2% | +$334K |
|
2005
Hingham Institution for Saving
HIFS
$663M
| $15.3M | 0.01% |
53,884
+261
| +0.5% | +$82K |
|
2006
First Business Financial Services
FBIZ
$595M
| $15.3M | 0.01% |
490,068
+14,528
| +3% | +$485K |
|
2007
Brown-Forman Class A
BF.A
$13.3B
| $15.2M | 0.01% |
225,037
-1,895
| -0.8% | -$120K |
|
2008
A10 Networks
ATEN
$1.95B
| $15.2M | 0.01% |
1,057,124
+79,306
| +8% | +$1.15M |
|
|
CONN
2009
DELISTED
Conn's Inc.
CONN
| $15.2M | 0.01% |
1,892,326
-235,291
| -11% | -$3.09M |
|
2010
WisdomTree
WT
$3.22B
| $15.1M | 0.01% |
2,983,105
+137,559
| +5% | +$789K |
|
2011
Consensus Cloud Solutions
CCSI
$647M
| $15.1M | 0.01% |
345,360
+31,551
| +10% | +$1.57M |
|
2012
Independent Bank Corp
IBCP
$844M
| $15.1M | 0.01% |
781,471
+76,161
| +11% | +$1.51M |
|
2013
BCB Bancorp
BCBP
$161M
| $15.1M | 0.01% |
884,173
+44,350
| +5% | +$823K |
|
2014
Albertsons Companies
ACI
$5.83B
| $15M | 0.01% |
562,584
+399,619
| +245% | +$12.2M |
|
2015
Cameco
CCJ
$42.4B
| $14.9M | 0.01% |
711,128
-123,405
| -15% | -$3.11M |
|
2016
iQIYI
IQ
$1.28B
| $14.9M | 0.01% |
3,546,432
+311,838
| +10% | +$1.26M |
|
2017
Primis Financial Corp
FRST
$404M
| $14.9M | 0.01% |
1,094,216
+64,691
| +6% | +$868K |
|
2018
Kyndryl
KD
$3.05B
| $14.9M | 0.01% |
1,519,727
+595,181
| +64% | +$6.93M |
|
2019
Lifetime Brands
LCUT
$211M
| $14.8M | 0.01% |
1,341,441
+33,436
| +3% | +$395K |
|
2020
Forestar Group
FOR
$1.51B
| $14.8M | 0.01% |
1,079,250
+131,916
| +14% | +$2.08M |
|
|
TDAY
2021
USA Today Co
TDAY
$1.06B
| $14.8M | 0.01% |
5,092,182
+197,289
| +4% | +$751K |
|
2022
Timberland Bancorp
TSBK
$351M
| $14.7M | 0.01% |
587,118
+1,593
| +0.3% | +$40.8K |
|
2023
Farmers National Banc Corp
FMNB
$930M
| $14.7M | 0.01% |
978,281
+69,041
| +8% | +$1.07M |
|
2024
Expro Ltd
XPRO
$1.91B
| $14.7M | 0.01% |
1,272,463
+79,811
| +7% | +$1.14M |
|
|
SWAV
2025
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $14.6M | 0.01% |
76,599
-11,325
| -13% | -$2M |
|
Similar funds
Dimensional Fund Advisors's Q2 2022 Portfolio in Review
As of Q2 2022, Dimensional Fund Advisors held 3,609 positions worth $279B, down 14% from $325B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Dimensional Fund Advisors's Q2 2022 filing shows 98 new, 1,934 increased, 1,303 reduced and 146 closed positions. Its largest new stake was ESAB: 2,060,747 shares worth $90.2M. The largest sale was Dimensional National Municipal Bond ETF, an estimated $654M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q2 2022 buy was ESAB: 2,060,747 shares worth $90.2M.
- Dimensional Fund Advisors added most to ExxonMobil in Q2 2022, an estimated $406M increase.
- Dimensional Fund Advisors's biggest Q2 2022 reduction was Amazon, cutting an estimated $413M.
- Dimensional Fund Advisors fully exited Dimensional National Municipal Bond ETF in Q2 2022, selling an estimated $654M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $279B portfolio in Q2 2022.
- Dimensional Fund Advisors opened 98 new positions and closed 146 in Q2 2022.
- Dimensional Fund Advisors's portfolio value fell 14% quarter-over-quarter to $279B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2022, filed 12 Aug 2022.