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 |
Meta Platforms (Facebook)
META
|
+$332M |
| 2 |
ExxonMobil
XOM
|
+$283M |
| 3 |
Verizon
VZ
|
+$165M |
| 4 |
Yum China
YUMC
|
+$137M |
| 5 |
Chevron
CVX
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
|
+$941M |
| 2 |
Dimensional International Core Equity 2 ETF
DFIC
|
+$862M |
| 3 |
Dimensional International High Profitability ETF
DIHP
|
+$427M |
| 4 |
Dimensional International Small Cap Value ETF
DISV
|
+$421M |
| 5 |
Apple
AAPL
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.86% |
| 2 | Technology | 15.28% |
| 3 | Industrials | 12.71% |
| 4 | Healthcare | 11.82% |
| 5 | Consumer Discretionary | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
Farmers National Banc Corp
FMNB
$927M
| $13.6M | 0.01% |
1,039,606
+61,325
| +6% | +$886K |
|
2027
Liberty Latin America Class A
LILA
$1.67B
| $13.6M | 0.01% |
3,232,449
-43,536
| -1% | -$210K |
|
2028
Li Auto
LI
$11.7B
| $13.6M | 0.01% |
590,406
-29,876
| -5% | -$931K |
|
2029
Shore Bancshares
SHBI
$773M
| $13.6M | 0.01% |
783,033
+53,570
| +7% | +$1.02M |
|
|
AUY
2030
DELISTED
Yamana Gold, Inc.
AUY
| $13.6M | 0.01% |
2,992,767
+454
| +0% | +$2.1K |
|
2031
Crocs
CROX
$5.9B
| $13.5M | 0.01% |
197,037
-691,228
| -78% | -$48M |
|
|
NARI
2032
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $13.5M | 0.01% |
185,565
-13,606
| -7% | -$1.01M |
|
2033
Royalty Pharma
RPRX
$26.2B
| $13.5M | 0.01% |
335,439
+42,479
| +14% | +$1.81M |
|
|
SBOW
2034
DELISTED
SilverBow Resources, Inc.
SBOW
| $13.5M | 0.01% |
501,219
-311
| -0.1% | -$11.3K |
|
2035
Schrodinger
SDGR
$2.26B
| $13.4M | 0.01% |
538,177
+191,350
| +55% | +$5.62M |
|
2036
Veracyte
VCYT
$3.26B
| $13.4M | 0.01% |
807,066
+762,651
| +1,717% | +$17.2M |
|
2037
Twist Bioscience
TWST
$10.3B
| $13.3M | 0.01% |
378,600
+199,842
| +112% | +$8.49M |
|
2038
Ubiquiti
UI
$36.1B
| $13.3M | 0.01% |
45,439
-13,063
| -22% | -$3.85M |
|
2039
Orion
OEC
$330M
| $13.3M | 0.01% |
997,557
+252,768
| +34% | +$4.11M |
|
2040
Forestar Group
FOR
$1.33B
| $13.3M | 0.01% |
1,188,055
+108,805
| +10% | +$1.44M |
|
2041
Build-A-Bear
BBW
$314M
| $13.3M | 0.01% |
994,032
+17,173
| +2% | +$269K |
|
2042
Norwegian Cruise Line
NCLH
$6.61B
| $13.2M | 0.01% |
1,154,369
-594,449
| -34% | -$7.83M |
|
|
LBRDA
2043
DELISTED
Liberty Broadband Class A
LBRDA
| $13.1M | 0.01% |
176,185
+1,378
| +0.8% | +$146K |
|
2044
Rayonier Advanced Materials
RYAM
$567M
| $13.1M | 0.01% |
4,164,240
-260,145
| -6% | -$1.04M |
|
2045
DoubleVerify
DV
$2.09B
| $13.1M | 0.01% |
478,739
+135,489
| +39% | +$3.49M |
|
2046
Travere Therapeutics
TVTX
$6.1B
| $13.1M | 0.01% |
530,091
-333,969
| -39% | -$8.63M |
|
2047
Utah Medical Products
UTMD
$236M
| $13M | 0.01% |
152,923
-29
| -0% | -$2.56K |
|
2048
Empire State Realty Trust
ESRT
$720M
| $13M | 0.01% |
1,986,526
-32,818
| -2% | -$244K |
|
|
MODN
2049
DELISTED
MODEL N, INC.
MODN
| $13M | 0.01% |
380,588
+19,046
| +5% | +$551K |
|
2050
Lightspeed Commerce
LSPD
$1.23B
| $13M | 0.01% |
738,911
+574,971
| +351% | +$11.5M |
|
Similar funds
Dimensional Fund Advisors's Q3 2022 Portfolio in Review
As of Q3 2022, Dimensional Fund Advisors held 3,606 positions worth $260B, down 6.6% from $279B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q3 2022 filing shows 143 new, 1,920 increased, 1,329 reduced and 119 closed positions. Its largest new stake was Yum China: 2,857,283 shares worth $135M. The largest sale was Dimensional Emerging Markets Core Equity 2 ETF, an estimated $941M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q3 2022 buy was Yum China: 2,857,283 shares worth $135M.
- Dimensional Fund Advisors added most to Meta Platforms (Facebook) in Q3 2022, an estimated $332M increase.
- Dimensional Fund Advisors's biggest Q3 2022 reduction was Apple, cutting an estimated $219M.
- Dimensional Fund Advisors fully exited Dimensional Emerging Markets Core Equity 2 ETF in Q3 2022, selling an estimated $941M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $260B portfolio in Q3 2022.
- Dimensional Fund Advisors opened 143 new positions and closed 119 in Q3 2022.
- Dimensional Fund Advisors's portfolio value fell 6.6% quarter-over-quarter to $260B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2022, filed 10 Nov 2022.