13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q4 2024. See the latest, Q2 2026 →
Reported value
$416.38B
+1.0% on the quarter before
Positions
3,339
75 new · 85 sold out
Top 10
16.1%
of the value
Est. gain
−$2.23B
on stocks held all quarter
Est. return
−0.6%
on those stocks since Q3 2024
Positions as of Dec 31, 2024, 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, 23% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2024. Striped tiles are options.
Largest buys
Since Q3 2024, 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.
- Lam Research~$481.9MNew · 0.0% → 0.1%+6,671,386 shares
- Merck & Co Inc~$445.6MAdded · 0.2% → 0.3%+4,480,007 shares
- Blackrock Inc~$408.8MNew · 0.0% → 0.1%+398,790 shares
- Nvidia~$374.8MAdded · 2.8% → 3.1%+2,790,135 shares
- Apple~$319.4MAdded · 3.0% → 3.2%+1,275,216 shares
- Expand Energy Corporation~$317.3MAdded · 0.1% → 0.2%+3,187,331 shares
- Meta~$310.4MAdded · 1.2% → 1.3%+530,094 shares
- Arista Networks~$247.7MNew · 0.0% → 0.1%+2,241,084 shares
- Amazon~$230.6MAdded · 1.3% → 1.5%+1,050,782 shares
- Microsoft~$205.7MAdded · 2.6% → 2.5%+487,873 shares
Largest sells
Since Q3 2024, 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.
- Lam Research~$526.4MSold out · 0.1% → 0.0%−644,983 shares
- Southwestern Energy Co~$380.5MSold out · 0.1% → 0.0%−53,521,404 shares
- BlackRock~$374.8MSold out · 0.1% → 0.0%−394,720 shares
- Exxon Mobil Corp~$324.0MCut · 1.0% → 0.9%−3,012,159 shares
- Marathon Oil Corp~$222.7MSold out · 0.1% → 0.0%−8,364,915 shares
- Arista Networks~$221.1MSold out · 0.1% → 0.0%−575,985 shares
- Sofi Technologies Inc~$160.3MCut · 0.0% → 0.1%−10,405,846 shares
- Aptiv Plc~$151.8MSold out · 0.0% → 0.0%−2,107,167 shares
- Vista Outdoor Inc~$136.3MSold out · 0.0% → 0.0%−3,478,452 shares
- Jpmorgan Chase & Co.~$134.4MCut · 1.1% → 1.2%−560,532 shares
Holdings
As of Dec 31, 2024. Changes are in shares against Sep 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +2.4% · price +7.5% | 3.2% | $13.50B | +$918.4M | ||||||||
| NvidiaCOM · shares +2.9% · price +10.6% | 3.1% | $13.11B | +$1.22B | ||||||||
| MicrosoftCOM · shares +2.0% · price −2.0% | 2.5% | $10.51B | −$214.0M | ||||||||
| AmazonCOM · shares +3.8% · price +17.8% | 1.5% | $6.33B | +$919.9M | ||||||||
| MetaCL A · shares +6.3% · price +2.3% | 1.3% | $5.26B | +$111.4M | ||||||||
| Jpmorgan Chase & Co.COM · shares −2.6% · price +13.7% | 1.2% | $5.10B | +$614.5M | ||||||||
| Exxon Mobil CorpCOM · shares −8.3% · price −8.2% | 0.85% | $3.56B | −$319.4M | ||||||||
| AlphabetCAP STK CL A · shares +1.2% · price +14.2% | 0.81% | $3.36B | +$412.4M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares −3.2% · price −1.5% | 0.79% | $3.31B | −$50.8M | ||||||||
| Eli LillyCOM · shares +1.3% · price −12.9% | 0.69% | $2.86B | −$416.2M | ||||||||
| AlphabetCAP STK CL C · shares +0.5% · price +13.9% | 0.67% | $2.78B | +$337.7M | ||||||||
| Visa Inc.COM CL A · shares +3.4% · price +14.9% | 0.64% | $2.67B | +$335.2M | ||||||||
| BroadcomCOM · shares −1.8% · price +34.4% | 0.57% | $2.37B | +$606.5M | ||||||||
| Unitedhealth Group IncCOM · shares +8.6% · price −13.5% | 0.53% | $2.20B | −$316.3M | ||||||||
| MastercardCL A · shares +0.4% · price +6.6% | 0.53% | $2.20B | +$136.3M | ||||||||
| Johnson & JohnsonCOM · shares +4.5% · price −10.8% | 0.51% | $2.14B | −$246.7M | ||||||||
| Home Depot IncCOM · shares +2.5% · price −4.0% | 0.46% | $1.92B | −$78.0M | ||||||||
| TeslaCOM · shares −1.0% · price +54.4% | 0.45% | $1.87B | +$659.7M | ||||||||
| Costco Whsl Corp NewCOM · shares +8.8% · price +3.4% | 0.43% | $1.80B | +$53.7M | ||||||||
| Chevron Corp NewCOM · shares +0.5% · price −1.6% | 0.43% | $1.77B | −$29.6M | ||||||||
| CiscoCOM · shares +2.4% · price +11.2% | 0.42% | $1.74B | +$171.9M | ||||||||
| Abbvie IncCOM · shares +1.2% · price −10.0% | 0.40% | $1.66B | −$183.1M | ||||||||
| Procter And Gamble CoCOM · shares +2.8% · price −3.2% | 0.39% | $1.63B | −$52.4M | ||||||||
| Verizon Communications IncCOM · shares +2.8% · price −11.0% | 0.35% | $1.47B | −$176.6M | ||||||||
| Wells Fargo Co NewCOM · shares +1.2% · price +24.3% | 0.34% | $1.43B | +$276.9M | ||||||||
| Total · 3,339 positions | 100% | $416.38B | −$2.23B |
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 Q3 2024 to Q4 2024: 3,264 stocks held throughout, down $2.23B (−0.6%).
- Nvidia+$1.22B+11%
- Amazon+$919.9M+18%
- Apple+$918.4M+7%
- Tesla+$659.7M+54%
- Jpmorgan Chase & Co.+$614.5M+14%
- Prologis−$269.6M−16%
- Unitedhealth Group Inc−$316.3M−13%
- American Tower−$316.8M−21%
- Exxon Mobil Corp−$319.4M−8%
- Eli Lilly−$416.2M−13%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 12 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 ↗ |