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 | |
|---|---|---|---|---|---|---|
2001
Krispy Kreme
DNUT
$528M
| $17.5M | 0.01% |
1,187,114
+655,957
| +123% | +$9.83M |
|
|
AGTI
2002
DELISTED
Agiliti Inc
AGTI
| $17.4M | 0.01% |
1,054,529
+225,195
| +27% | +$3.77M |
|
2003
Snap
SNAP
$8.48B
| $17.4M | 0.01% |
1,468,630
+176,982
| +14% | +$1.78M |
|
2004
OR Royalties Inc
OR
$5.71B
| $17.3M | 0.01% |
1,123,345
+28,011
| +3% | +$453K |
|
2005
Sierra Bancorp
BSRR
$524M
| $17.2M | 0.01% |
1,015,855
-59,434
| -6% | -$978K |
|
2006
Equity Bancshares
EQBK
$1.05B
| $17.2M | 0.01% |
753,018
-33,909
| -4% | -$793K |
|
2007
Genie Energy
GNE
$373M
| $17.1M | 0.01% |
1,209,361
+16,300
| +1% | +$241K |
|
2008
Phillips Edison & Co
PECO
$5.42B
| $17.1M | 0.01% |
501,041
+320,739
| +178% | +$10M |
|
2009
MBIA
MBI
$266M
| $17.1M | 0.01% |
1,976,180
-567,511
| -22% | -$5.11M |
|
|
MRTX
2010
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $17.1M | 0.01% |
472,468
+167,874
| +55% | +$6.92M |
|
2011
SiriusXM
SIRI
$10.2B
| $17.1M | 0.01% |
376,618
-24,680
| -6% | -$932K |
|
2012
Transcat
TRNS
$838M
| $17M | 0.01% |
199,306
+1,510
| +0.8% | +$129K |
|
2013
Seneca Foods Class A
SENEA
$1.15B
| $17M | 0.01% |
519,266
-14,937
| -3% | -$704K |
|
2014
Designer Brands
DBI
$331M
| $17M | 0.01% |
1,678,669
-346,615
| -17% | -$2.86M |
|
2015
Village Super Market
VLGEA
$650M
| $16.9M | 0.01% |
742,611
-19,817
| -3% | -$431K |
|
2016
Hooker Furnishings Corp
HOFT
$160M
| $16.9M | 0.01% |
907,393
-21,638
| -2% | -$367K |
|
2017
Cloudflare
NET
$100B
| $16.9M | 0.01% |
258,430
+42,243
| +20% | +$2.52M |
|
2018
Mesa Laboratories
MLAB
$584M
| $16.8M | 0.01% |
131,057
+24,245
| +23% | +$3.69M |
|
2019
Rayonier Advanced Materials
RYAM
$608M
| $16.8M | 0.01% |
3,932,143
-603,297
| -13% | -$2.85M |
|
2020
QuinStreet
QNST
$897M
| $16.8M | 0.01% |
1,904,237
-211,355
| -10% | -$2.13M |
|
2021
Arlo Technologies
ARLO
$1.63B
| $16.8M | 0.01% |
1,538,046
-17,266
| -1% | -$140K |
|
2022
OneSpan
OSPN
$588M
| $16.7M | 0.01% |
1,128,240
+81,748
| +8% | +$1.27M |
|
2023
Biglari Holdings Class B
BH
$1.23B
| $16.7M | 0.01% |
84,798
-1,127
| -1% | -$211K |
|
|
CVGW
2024
DELISTED
Calavo Growers
CVGW
| $16.7M | 0.01% |
574,095
+53,747
| +10% | +$1.67M |
|
2025
Sanofi
SNY
$103B
| $16.5M | 0.01% |
306,763
-464
| -0.2% | -$25K |
|
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.