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 |
Apple
AAPL
|
+$150M |
| 2 |
ExxonMobil
XOM
|
+$121M |
| 3 |
Visa
V
|
+$94.9M |
| 4 |
Columbia Banking Systems
COLB
|
+$94.4M |
| 5 |
GE HealthCare
GEHC
|
+$89.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$320M |
| 2 |
JPMorgan Chase
JPM
|
+$209M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$96.7M |
| 4 |
GE Aerospace
GE
|
+$89M |
| 5 |
ConocoPhillips
COP
|
+$88.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.82% |
| 2 | Financials | 16.13% |
| 3 | Industrials | 13.26% |
| 4 | Healthcare | 11.06% |
| 5 | Consumer Discretionary | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
Merchants Bancorp
MBIN
$2.53B
| $14.9M | 0.01% |
570,998
+68,388
| +14% | +$1.9M |
|
|
AMNB
2052
DELISTED
American National Bankshares Inc
AMNB
| $14.8M | 0.01% |
468,359
+8,079
| +2% | +$273K |
|
2053
Liberty Broadband Class A
LBRDA
$4.89B
| $14.8M | 0.01% |
180,302
+2,892
| +2% | +$250K |
|
|
PRMW
2054
DELISTED
Primo Water Corporation
PRMW
| $14.7M | 0.01% |
958,890
-62,030
| -6% | -$950K |
|
|
FARO
2055
DELISTED
Faro Technologies
FARO
| $14.7M | ﹤0.01% |
596,653
+75,137
| +14% | +$2.08M |
|
2056
Utah Medical Products
UTMD
$225M
| $14.6M | ﹤0.01% |
154,538
+1,170
| +0.8% | +$108K |
|
2057
Clearfield
CLFD
$411M
| $14.6M | ﹤0.01% |
312,516
-112,766
| -27% | -$7.27M |
|
2058
Adaptive Biotechnologies
ADPT
$3.59B
| $14.6M | ﹤0.01% |
1,648,361
+628,622
| +62% | +$5.54M |
|
2059
Biglari Holdings Class B
BH
$1.25B
| $14.5M | ﹤0.01% |
85,925
+2,813
| +3% | +$465K |
|
2060
BCE
BCE
$20.2B
| $14.5M | ﹤0.01% |
324,124
-41,977
| -11% | -$1.9M |
|
2061
Snap
SNAP
$7.89B
| $14.5M | ﹤0.01% |
1,291,648
+187,626
| +17% | +$1.97M |
|
|
CSII
2062
DELISTED
Cardiovascular Systems, Inc.
CSII
| $14.5M | ﹤0.01% |
728,768
+48,229
| +7% | +$833K |
|
2063
Denali Therapeutics
DNLI
$3.65B
| $14.4M | ﹤0.01% |
627,325
+69,067
| +12% | +$1.9M |
|
|
EHAB
2064
DELISTED
Enhabit
EHAB
| $14.3M | ﹤0.01% |
1,031,577
+347,410
| +51% | +$4.99M |
|
|
JAMF
2065
DELISTED
Jamf
JAMF
| $14.3M | ﹤0.01% |
735,247
+220,860
| +43% | +$4.42M |
|
|
NXRT
2066
NexPoint Residential Trust
NXRT
$666M
| $14.3M | ﹤0.01% |
326,801
+21,762
| +7% | +$1M |
|
2067
Consensus Cloud Solutions
CCSI
$670M
| $14.3M | ﹤0.01% |
418,090
-891
| -0.2% | -$42.9K |
|
2068
IDEAYA Biosciences
IDYA
$3.42B
| $14.2M | ﹤0.01% |
1,036,451
+309,135
| +43% | +$5.15M |
|
|
AGR
2069
DELISTED
Avangrid, Inc.
AGR
| $14.2M | ﹤0.01% |
356,588
+584
| +0.2% | +$23.9K |
|
|
DENN
2070
DELISTED
Denny's
DENN
| $14.2M | ﹤0.01% |
1,270,237
+41,374
| +3% | +$481K |
|
2071
Farmers National Banc Corp
FMNB
$939M
| $14.2M | ﹤0.01% |
1,121,465
+71,515
| +7% | +$988K |
|
2072
Nomura Holdings
NMR
$28.3B
| $14.1M | ﹤0.01% |
3,712,371
-43,443
| -1% | -$171K |
|
2073
FuelCell Energy
FCEL
$1.73B
| $14.1M | ﹤0.01% |
164,840
+51,546
| +45% | +$5.07M |
|
2074
Hingham Institution for Saving
HIFS
$627M
| $14.1M | ﹤0.01% |
60,328
+4,189
| +7% | +$1.15M |
|
2075
Royalty Pharma
RPRX
$25.9B
| $14.1M | ﹤0.01% |
389,959
+64,882
| +20% | +$2.41M |
|
Similar funds
Dimensional Fund Advisors's Q1 2023 Portfolio in Review
As of Q1 2023, Dimensional Fund Advisors held 3,570 positions worth $297B, up 87,611% from $338M the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q1 2023 filing shows 79 new, 2,112 increased, 1,113 reduced and 109 closed positions. Its largest new stake was GE HealthCare: 1,253,762 shares worth $103M. The largest sale was Walmart Inc, an estimated $320M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 12% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q1 2023 buy was GE HealthCare: 1,253,762 shares worth $103M.
- Dimensional Fund Advisors added most to Apple in Q1 2023, an estimated $150M increase.
- Dimensional Fund Advisors's biggest Q1 2023 reduction was Walmart Inc, cutting an estimated $320M.
- Dimensional Fund Advisors fully exited Dimensional Emerging Markets Sustainability Core 1 ETF in Q1 2023, selling an estimated $11.3M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $297B portfolio in Q1 2023.
- Dimensional Fund Advisors opened 79 new positions and closed 109 in Q1 2023.
- Dimensional Fund Advisors's portfolio value rose 87,611% quarter-over-quarter to $297B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2023, filed 12 May 2023.