13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$296.87B
−12% on the quarter before
Positions
3,461
87 new · 117 sold out
Top 10
11.1%
of the value
Est. gain
+$9.20B
on stocks held all quarter
Est. return
+3.3%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, from Dimensional Fund Advisors LP's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 17% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2022. Striped tiles are options.
Largest buys
Since Q4 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Linde Plc~$796.9MNew · 0.0% → 0.3%+2,242,270 shares
- Apple~$167.9MAdded · 1.9% → 2.7%+1,018,189 shares
- Paccar Inc~$164.5MAdded · 0.1% → 0.1%+2,247,746 shares
- Exxon Mobil Corp~$120.4MAdded · 0.9% → 1.1%+1,098,264 shares
- America Movil Sab De Cv~$110.2MNew · 0.0% → 0.0%+5,234,542 shares
- GE HealthCare~$102.8MNew · 0.0% → 0.0%+1,253,762 shares
- Visa Inc.~$96.1MAdded · 0.3% → 0.5%+426,148 shares
- Meta~$92.1MAdded · 0.4% → 0.7%+434,406 shares
- Analog Devices~$79.6MAdded · 0.1% → 0.2%+403,427 shares
- Chevron Corp New~$73.4MAdded · 0.6% → 0.7%+449,812 shares
Largest sells
Since Q4 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Dimensional ETF Trust~$11.27BSold out · 3.3% → 0.0%−400,000 shares
- Dimensional ETF Trust~$11.12BSold out · 3.3% → 0.0%−400,000 shares
- Dimensional ETF Trust~$10.08BSold out · 3.0% → 0.0%−200,000 shares
- Dimensional ETF Trust~$4.99BSold out · 1.5% → 0.0%−200,000 shares
- Dimensional ETF Trust~$4.91BSold out · 1.4% → 0.0%−200,000 shares
- Dimensional ETF Trust~$4.88BSold out · 1.4% → 0.0%−200,000 shares
- Dimensional ETF Trust~$4.45BSold out · 1.3% → 0.0%−200,000 shares
- Dimensional ETF Trust~$2.48BSold out · 0.7% → 0.0%−100,000 shares
- Linde Plc~$729.1MSold out · 0.2% → 0.0%−2,235,188 shares
- Walmart Inc~$330.8MCut · 0.4% → 0.3%−2,243,952 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +2.1% · price +26.9% | 2.7% | $8.15B | +$1.69B | ||||||||
| MicrosoftCOM · shares +1.0% · price +20.2% | 2.2% | $6.61B | +$1.10B | ||||||||
| Exxon Mobil CorpCOM · shares +3.8% · price −0.6% | 1.1% | $3.30B | −$18.2M | ||||||||
| Jpmorgan Chase & CoCOM · shares −7.1% · price −2.8% | 0.87% | $2.59B | −$75.3M | ||||||||
| AmazonCOM · shares +0.5% · price +23.0% | 0.78% | $2.32B | +$431.7M | ||||||||
| MetaCL A · shares +4.3% · price +76.1% | 0.75% | $2.21B | +$916.7M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +1.3% · price −0.0% | 0.73% | $2.18B | −$1.0M | ||||||||
| Chevron Corp NewCOM · shares +3.7% · price −9.1% | 0.69% | $2.03B | −$196.2M | ||||||||
| Pfizer IncCOM · shares +3.7% · price −20.4% | 0.60% | $1.78B | −$439.7M | ||||||||
| AlphabetCAP STK CL A · shares +0.5% · price +17.6% | 0.56% | $1.65B | +$244.8M | ||||||||
| PrologisCOM · shares +2.3% · price +10.7% | 0.53% | $1.59B | +$149.6M | ||||||||
| Comcast Corp NewCL A · shares +0.2% · price +8.4% | 0.52% | $1.54B | +$118.7M | ||||||||
| AlphabetCAP STK CL C · shares +0.1% · price +17.2% | 0.52% | $1.53B | +$224.4M | ||||||||
| Verizon Communications IncCOM · shares +1.8% · price −1.3% | 0.51% | $1.52B | −$19.6M | ||||||||
| Visa Inc.COM CL A · shares +7.7% · price +8.5% | 0.45% | $1.34B | +$97.7M | ||||||||
| Shell PlcSPON ADS · shares +3.7% · price +1.0% | 0.44% | $1.32B | +$13.2M | ||||||||
| MastercardCL A · shares +2.1% · price +4.5% | 0.44% | $1.32B | +$55.5M | ||||||||
| Johnson & JohnsonCOM · shares +0.2% · price −12.3% | 0.44% | $1.30B | −$182.0M | ||||||||
| American TowerCOM · shares +2.5% · price −3.6% | 0.44% | $1.30B | −$46.6M | ||||||||
| Procter And Gamble CoCOM · shares −0.3% · price −1.9% | 0.42% | $1.26B | −$24.3M | ||||||||
| BroadcomCOM · shares +5.3% · price +14.7% | 0.41% | $1.23B | +$150.0M | ||||||||
| ConocophillipsCOM · shares −6.2% · price −15.9% | 0.41% | $1.22B | −$231.3M | ||||||||
| Abbvie IncCOM · shares +1.6% · price −1.4% | 0.41% | $1.21B | −$16.8M | ||||||||
| Thermo Fisher Scientific IncCOM · shares −7.9% · price +4.7% | 0.39% | $1.15B | +$51.2M | ||||||||
| Home Depot IncCOM · shares +6.5% · price −6.6% | 0.38% | $1.13B | −$74.9M | ||||||||
| Total · 3,461 positions | 100% | $296.87B | +$9.20B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2022 to Q1 2023: 3,374 stocks held throughout, up $9.20B (+3.3%).
- Apple+$1.69B+27%
- Microsoft+$1.10B+20%
- Meta+$916.7M+76%
- Nvidia+$526.8M+90%
- Amazon+$431.7M+23%
- Cvs Health Corp−$182.6M−20%
- Chevron Corp New−$196.2M−9%
- The Cigna Group−$201.9M−23%
- Conocophillips−$231.3M−16%
- Pfizer Inc−$439.7M−20%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 7 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 11, 2026 | $551.84B+15% | SEC ↗ |
| Q1 2026 | May 7, 2026 | $481.39B+1% | SEC ↗ |
| Q4 2025 | Feb 12, 2026 | $476.72B+2% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $466.01B+8% | SEC ↗ |
| Q2 2025 | Aug 12, 2025 | $431.92B+7% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $402.31B−3% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $416.38B+1% | SEC ↗ |
| Q3 2024 | Nov 7, 2024 | $412.28B+8% | SEC ↗ |
| Q2 2024 | Aug 9, 2024 | $382.85B+4% | SEC ↗ |
| Q1 2024 | May 10, 2024 | $369.36B+8% | SEC ↗ |
| Q4 2023 | Feb 7, 2024 | $342.47B+12% | SEC ↗ |
| Q3 2023 | Nov 9, 2023 | $304.90B−3% | SEC ↗ |
| Q2 2023 | Aug 9, 2023 | $313.77B+6% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $296.87B−12% | SEC ↗ |
| Q4 2022 | Feb 9, 2023 | $338.47B+30% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $260.47B−7% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $278.78B−14% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $324.62B−2% | SEC ↗ |
| Q4 2021 | Feb 9, 2022 | $330.75B+7% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $310.45B−2% | SEC ↗ |
| Q2 2021 | Aug 12, 2021 | $315.84B+4% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $302.34B+9% | SEC ↗ |
| Q4 2020 | Mar 8, 2021 (amended) | $276.93B+17% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $235.82B+4% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $227.51B+19% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $191.95B−30% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $274.39B+7% | SEC ↗ |
| Q3 2019 | Nov 12, 2019 | $257.34B−0% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $257.55B+3% | SEC ↗ |
| Q1 2019 | Aug 12, 2019 (amended) | $251.08B+14% | SEC ↗ |
| Q4 2018 | Feb 26, 2019 (amended) | $220.75B−16% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $262.71B+5% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $250.84B+5% | SEC ↗ |
| Q1 2018 | May 11, 2018 | $239.94B−1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $241.23B+5% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $228.83B+6% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $216.59B+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $209.23B+5% | SEC ↗ |
| Q4 2016 | Feb 9, 2017 | $200.21B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $185.01B+6% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $173.79B+4% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $167.06B | SEC ↗ |