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 | |
|---|---|---|---|---|---|---|
|
LPRO
2026
DELISTED
Open Lending Corp
LPRO
| $16.5M | 0.01% |
1,572,997
+655,119
| +71% | +$5.79M |
|
2027
Immunovant
IMVT
$7.91B
| $16.5M | 0.01% |
870,697
-161,266
| -16% | -$3.01M |
|
|
DENN
2028
DELISTED
Denny's
DENN
| $16.5M | 0.01% |
1,340,125
+69,888
| +6% | +$793K |
|
|
CDMO
2029
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $16.5M | 0.01% |
1,181,661
+102,416
| +9% | +$1.75M |
|
2030
Merchants Bancorp
MBIN
$2.56B
| $16.5M | 0.01% |
643,814
+72,816
| +13% | +$1.8M |
|
|
EHAB
2031
DELISTED
Enhabit
EHAB
| $16.5M | 0.01% |
1,431,465
+399,888
| +39% | +$4.99M |
|
|
BWIN
2032
Baldwin Insurance Group
BWIN
$2.85B
| $16.4M | 0.01% |
663,453
+132,839
| +25% | +$3.15M |
|
2033
Franco-Nevada
FNV
$41.4B
| $16.4M | 0.01% |
115,243
+875
| +0.8% | +$131K |
|
2034
Origin Bancorp
OBK
$1.69B
| $16.4M | 0.01% |
559,949
+76,103
| +16% | +$2.28M |
|
2035
York Water
YORW
$499M
| $16.3M | 0.01% |
394,374
-476
| -0.1% | -$20.7K |
|
2036
Celestica
CLS
$39.3B
| $16.3M | 0.01% |
1,121,487
+50,685
| +5% | +$627K |
|
2037
GrafTech
EAF
$195M
| $16.2M | 0.01% |
321,297
+78,309
| +32% | +$3.64M |
|
2038
Independent Bank Corp
IBCP
$793M
| $16.1M | 0.01% |
948,125
+48,424
| +5% | +$830K |
|
2039
Richardson Electronics
RELL
$287M
| $16M | 0.01% |
970,562
-34,601
| -3% | -$598K |
|
2040
Central Pacific Financial
CPF
$1.02B
| $16M | 0.01% |
1,017,147
+14,871
| +1% | +$234K |
|
2041
Vitamin Cottage Natural Grocers
NGVC
$765M
| $16M | 0.01% |
1,300,993
+16,350
| +1% | +$184K |
|
2042
Liberty Broadband Class A
LBRDA
$4.86B
| $15.9M | 0.01% |
199,823
+19,521
| +11% | +$1.51M |
|
|
LOVE
2043
DELISTED
LoveSac
LOVE
| $15.9M | 0.01% |
588,543
+176,604
| +43% | +$4.5M |
|
2044
FIGS
FIGS
$1.82B
| $15.8M | 0.01% |
1,909,915
+660,015
| +53% | +$5.02M |
|
2045
Quanterix
QTRX
$175M
| $15.7M | 0.01% |
695,544
+187,220
| +37% | +$3.34M |
|
2046
PAR Technology
PAR
$715M
| $15.7M | 0.01% |
475,916
+100,667
| +27% | +$3.36M |
|
2047
Brown-Forman Class A
BF.A
$12.9B
| $15.6M | 0.01% |
229,708
-760
| -0.3% | -$49.5K |
|
|
TPC
2048
Tutor Perini Cor
TPC
$4.51B
| $15.6M | 0.01% |
2,184,063
-432,201
| -17% | -$2.58M |
|
2049
SentinelOne
S
$6.87B
| $15.6M | 0.01% |
1,032,975
+602,091
| +140% | +$10.2M |
|
2050
Cameco
CCJ
$39.1B
| $15.6M | 0.01% |
497,725
+6,680
| +1% | +$188K |
|
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.