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 |
Shell
SHEL
|
+$972M |
| 2 |
Meta Platforms (Facebook)
META
|
+$324M |
| 3 |
Webster Financial
WBS
|
+$279M |
| 4 |
Chevron
CVX
|
+$206M |
| 5 |
Advanced Micro Devices
AMD
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$780M |
| 2 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$335M |
| 3 |
STL
Sterling Bancorp
STL
|
+$283M |
| 4 |
SC
SANTANDER CONSUMER USA HOLDINGS INC
SC
|
+$252M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$241M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.89% |
| 2 | Technology | 16.14% |
| 3 | Industrials | 12.35% |
| 4 | Healthcare | 10.84% |
| 5 | Consumer Discretionary | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATVI
201
DELISTED
Activision Blizzard
ATVI
| $298M | 0.09% |
3,714,808
+28,238
| +0.8% | +$2.2M |
|
202
PACCAR
PCAR
$70.4B
| $298M | 0.09% |
5,067,110
-8,209
| -0.2% | -$501K |
|
203
Waste Management
WM
$90.9B
| $297M | 0.09% |
1,872,206
+38,836
| +2% | +$5.89M |
|
204
Old National Bancorp
ONB
$10.1B
| $296M | 0.09% |
18,070,249
+7,523,808
| +71% | +$137M |
|
205
Scotiabank
BNS
$107B
| $295M | 0.09% |
4,119,390
+164,959
| +4% | +$12M |
|
206
Regions Financial
RF
$26.3B
| $295M | 0.09% |
13,256,230
+71,215
| +0.5% | +$1.68M |
|
207
Halliburton
HAL
$26.4B
| $295M | 0.09% |
7,785,339
-275,125
| -3% | -$8.9M |
|
208
The Mosaic Company
MOS
$7.24B
| $295M | 0.09% |
4,434,188
+33,480
| +0.8% | +$1.67M |
|
|
SCHW
209
Charles Schwab
SCHW
$181B
| $295M | 0.09% |
3,493,593
+30,040
| +0.9% | +$2.64M |
|
210
Centene
CNC
$30.1B
| $294M | 0.09% |
3,494,634
-273,735
| -7% | -$22.5M |
|
211
Blackrock
BLK
$170B
| $294M | 0.09% |
384,792
+5,783
| +2% | +$4.52M |
|
212
Phillips 66
PSX
$84.4B
| $293M | 0.09% |
3,393,391
+72,457
| +2% | +$6.1M |
|
213
AutoNation
AN
$7.18B
| $293M | 0.09% |
2,943,455
-325,726
| -10% | -$36M |
|
214
ON Semiconductor
ON
$32.6B
| $293M | 0.09% |
4,671,825
-1,049,707
| -18% | -$64M |
|
215
Valley National Bancorp
VLY
$7.92B
| $292M | 0.09% |
22,423,189
+217,648
| +1% | +$3.03M |
|
216
Prudential Financial
PRU
$42.6B
| $288M | 0.09% |
2,436,890
-54,800
| -2% | -$6.23M |
|
217
Builders FirstSource
BLDR
$7.1B
| $288M | 0.09% |
4,457,635
+117,308
| +3% | +$8.52M |
|
218
eBay
EBAY
$50.4B
| $287M | 0.09% |
5,014,078
+904,873
| +22% | +$52.7M |
|
219
Altria Group
MO
$113B
| $287M | 0.09% |
5,496,307
-247,993
| -4% | -$12.6M |
|
|
BNY
220
Bank of New York Mellon
BNY
$106B
| $285M | 0.09% |
5,737,127
-10,425
| -0.2% | -$593K |
|
221
U-Haul Holding Co
UHAL
$13.9B
| $285M | 0.09% |
4,766,180
+115,260
| +2% | +$7.11M |
|
222
Ally Financial
ALLY
$13.2B
| $283M | 0.09% |
6,513,100
+30,005
| +0.5% | +$1.42M |
|
223
Fidelity National Information Services
FIS
$23.8B
| $283M | 0.09% |
2,813,857
+51,178
| +2% | +$5.35M |
|
224
Westlake Corp
WLK
$9.19B
| $281M | 0.09% |
2,279,597
-726
| -0% | -$79.2K |
|
|
WBA
225
DELISTED
Walgreens Boots Alliance
WBA
| $281M | 0.09% |
6,269,739
-1,043,105
| -14% | -$51.3M |
|
Similar funds
Dimensional Fund Advisors's Q1 2022 Portfolio in Review
As of Q1 2022, Dimensional Fund Advisors held 3,635 positions worth $325B, down 1.9% from $331B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q1 2022 filing shows 98 new, 2,062 increased, 1,167 reduced and 121 closed positions. Its largest new stake was Shell: 18,315,111 shares worth $1.01B. The largest sale was Royal Dutch Shell PLC ADS Class B, an estimated $780M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q1 2022 buy was Shell: 18,315,111 shares worth $1.01B.
- Dimensional Fund Advisors added most to Meta Platforms (Facebook) in Q1 2022, an estimated $324M increase.
- Dimensional Fund Advisors's biggest Q1 2022 reduction was Canadian Pacific Kansas City, cutting an estimated $241M.
- Dimensional Fund Advisors fully exited Royal Dutch Shell PLC ADS Class B in Q1 2022, selling an estimated $780M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $325B portfolio in Q1 2022.
- Dimensional Fund Advisors opened 98 new positions and closed 121 in Q1 2022.
- Dimensional Fund Advisors's portfolio value fell 1.9% quarter-over-quarter to $325B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2022, filed 13 May 2022.