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 | |
|---|---|---|---|---|---|---|
2426
C3.ai
AI
$1.56B
| $6.7M | ﹤0.01% |
183,890
| – | – |
|
|
GOOD
2427
Gladstone Commercial Corp
GOOD
$606M
| $6.68M | ﹤0.01% |
539,982
-1,231
| -0.2% | -$14.8K |
|
2428
MacroGenics
MGNX
$248M
| $6.63M | ﹤0.01% |
1,239,315
+173,012
| +16% | +$1.07M |
|
|
ALX
2429
Alexander's
ALX
$1.4B
| $6.61M | ﹤0.01% |
35,954
+1,930
| +6% | +$347K |
|
2430
Business First Bancshares
BFST
$1.04B
| $6.59M | ﹤0.01% |
437,575
-252
| -0.1% | -$3.88K |
|
2431
Provident Financial
PROV
$113M
| $6.58M | ﹤0.01% |
509,562
-15,781
| -3% | -$201K |
|
2432
Adtran
ADTN
$712M
| $6.58M | ﹤0.01% |
625,001
-886,053
| -59% | -$8.79M |
|
2433
Nice
NICE
$6.06B
| $6.57M | ﹤0.01% |
31,825
+2,887
| +10% | +$595K |
|
|
CMBM
2434
DELISTED
Cambium Networks
CMBM
| $6.55M | ﹤0.01% |
430,209
+20,593
| +5% | +$319K |
|
2435
Acacia Research
ACTG
$444M
| $6.54M | ﹤0.01% |
1,570,934
+95,625
| +6% | +$386K |
|
2436
Urban One Class D
UONEK
$25.5M
| $6.53M | ﹤0.01% |
108,830
+777
| +0.7% | +$44.1K |
|
|
NVEI
2437
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $6.47M | ﹤0.01% |
218,811
+115,444
| +112% | +$4.07M |
|
2438
LCNB Corp
LCNB
$289M
| $6.46M | ﹤0.01% |
437,432
-3,621
| -0.8% | -$55.3K |
|
|
MCHB
2439
Mechanics Bancorp
MCHB
$3.68B
| $6.45M | ﹤0.01% |
1,089,809
-451,842
| -29% | -$4.24M |
|
2440
Inogen
INGN
$187M
| $6.44M | ﹤0.01% |
557,660
-301,588
| -35% | -$3.55M |
|
2441
Braskem
BAK
$913M
| $6.43M | ﹤0.01% |
551,341
-70,461
| -11% | -$667K |
|
2442
Allogene Therapeutics
ALLO
$659M
| $6.42M | ﹤0.01% |
1,292,141
-757,115
| -37% | -$4.1M |
|
2443
Accuray
ARAY
$36.4M
| $6.41M | ﹤0.01% |
1,657,246
+276,240
| +20% | +$958K |
|
2444
Bankwell Financial Group
BWFG
$541M
| $6.41M | ﹤0.01% |
262,743
+6,846
| +3% | +$162K |
|
2445
Neogen
NEOG
$2.57B
| $6.39M | ﹤0.01% |
293,618
-845,443
| -74% | -$15.3M |
|
2446
Civeo
CVEO
$338M
| $6.38M | ﹤0.01% |
327,639
-11,750
| -3% | -$237K |
|
|
VISN
2447
Vistance Networks Inc
VISN
$2.81B
| $6.36M | ﹤0.01% |
1,129,492
-2,281,868
| -67% | -$10.9M |
|
|
WSR
2448
DELISTED
Whitestone REIT
WSR
| $6.31M | ﹤0.01% |
650,782
+15,145
| +2% | +$136K |
|
|
SCPL
2449
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $6.3M | ﹤0.01% |
320,094
+5,807
| +2% | +$105K |
|
2450
Parke Bancorp
PKBK
$401M
| $6.29M | ﹤0.01% |
370,374
+16,757
| +5% | +$281K |
|
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.