13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q2 2025. See the latest, Q2 2026 →
Reported value
$431.92B
+7.4% on the quarter before
Positions
3,272
61 new · 109 sold out
Top 10
16.6%
of the value
Est. gain
+$26.62B
on stocks held all quarter
Est. return
+6.8%
on those stocks since Q1 2025
Positions as of Jun 30, 2025, 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, 24% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2025. Striped tiles are options.
Largest buys
Since Q1 2025, 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.
- Capital One Finl Corp~$445.3MAdded · 0.1% → 0.2%+2,092,946 shares
- Alphabet~$405.2MAdded · 0.7% → 0.8%+2,298,905 shares
- Alphabet~$387.1MAdded · 0.6% → 0.7%+2,181,743 shares
- Barrick Mng Corp~$381.0MNew · 0.0% → 0.1%+18,300,873 shares
- Johnson & Johnson~$256.5MAdded · 0.7% → 0.7%+1,679,148 shares
- Procter And Gamble Co~$170.5MAdded · 0.4% → 0.4%+1,069,881 shares
- PayPal~$149.0MAdded · 0.1% → 0.1%+2,004,514 shares
- Carnival Corp~$146.0MAdded · 0.0% → 0.1%+5,194,447 shares
- Apple~$134.6MAdded · 3.1% → 2.7%+656,125 shares
- Bristol-Myers Squibb Co~$134.2MAdded · 0.2% → 0.2%+2,898,429 shares
Largest sells
Since Q1 2025, 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.
- Discover Finl Svcs~$536.3MSold out · 0.1% → 0.0%−3,143,456 shares
- Nvidia~$471.2MCut · 2.6% → 3.4%−2,982,428 shares
- United States Stl Corp New~$421.4MSold out · 0.1% → 0.0%−9,970,755 shares
- Barrick Gold Corp~$281.0MSold out · 0.1% → 0.0%−14,456,566 shares
- Jpmorgan Chase & Co.~$237.3MCut · 1.2% → 1.3%−818,451 shares
- Deere & Co~$235.0MCut · 0.3% → 0.2%−462,048 shares
- Beacon Roofing Supply Inc~$192.2MSold out · 0.0% → 0.0%−1,553,465 shares
- Berry Global Group Inc~$192.0MSold out · 0.0% → 0.0%−2,749,905 shares
- Carpenter Technology Corp~$155.3MCut · 0.1% → 0.1%−561,766 shares
- Costco Whsl Corp New~$137.7MCut · 0.5% → 0.4%−139,095 shares
Holdings
As of Jun 30, 2025. Changes are in shares against Mar 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares −3.1% · price +45.8% | 3.4% | $14.77B | +$4.64B | ||||||||
| MicrosoftCOM · shares −0.1% · price +32.5% | 2.9% | $12.65B | +$3.10B | ||||||||
| AppleCOM · shares +1.2% · price −7.6% | 2.7% | $11.71B | −$956.1M | ||||||||
| MetaCL A · shares +0.5% · price +28.1% | 1.6% | $6.74B | +$1.47B | ||||||||
| AmazonCOM · shares −0.4% · price +15.3% | 1.5% | $6.54B | +$870.2M | ||||||||
| Jpmorgan Chase & Co.COM · shares −4.1% · price +18.2% | 1.3% | $5.59B | +$860.6M | ||||||||
| AlphabetCAP STK CL A · shares +13% · price +14.0% | 0.83% | $3.57B | +$388.9M | ||||||||
| Exxon Mobil CorpCOM · shares −2.7% · price −9.3% | 0.80% | $3.47B | −$357.8M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares −2.8% · price −8.8% | 0.80% | $3.46B | −$332.7M | ||||||||
| AlphabetCAP STK CL C · shares +15% · price +13.6% | 0.70% | $3.02B | +$315.0M | ||||||||
| Visa Inc.COM CL A · shares −1.9% · price +1.3% | 0.68% | $2.95B | +$38.4M | ||||||||
| BroadcomCOM · shares +3.1% · price +64.6% | 0.67% | $2.91B | +$1.11B | ||||||||
| Eli LillyCOM · shares −2.8% · price −5.6% | 0.67% | $2.88B | −$171.1M | ||||||||
| Johnson & JohnsonCOM · shares +9.9% · price −7.9% | 0.66% | $2.84B | −$221.1M | ||||||||
| MastercardCL A · shares −3.8% · price +2.5% | 0.52% | $2.25B | +$55.3M | ||||||||
| CiscoCOM · shares −2.6% · price +12.4% | 0.46% | $1.98B | +$219.1M | ||||||||
| Home Depot IncCOM · shares +0.5% · price +0.1% | 0.43% | $1.84B | +$1.0M | ||||||||
| Costco Whsl Corp NewCOM · shares −7.0% · price +4.7% | 0.43% | $1.84B | +$82.2M | ||||||||
| Procter And Gamble CoCOM · shares +10% · price −6.5% | 0.42% | $1.83B | −$115.4M | ||||||||
| OracleCOM · shares +0.8% · price +56.4% | 0.42% | $1.82B | +$650.4M | ||||||||
| Abbvie IncCOM · shares +0.9% · price −11.4% | 0.41% | $1.76B | −$224.9M | ||||||||
| Unitedhealth Group IncCOM · shares +6.2% · price −40.4% | 0.40% | $1.72B | −$1.10B | ||||||||
| Shell PlcSPON ADS · shares +3.8% · price −3.9% | 0.39% | $1.70B | −$66.7M | ||||||||
| Chevron Corp NewCOM · shares −4.2% · price −14.4% | 0.39% | $1.68B | −$283.3M | ||||||||
| AT&TCOM · shares +6.0% · price +2.3% | 0.38% | $1.64B | +$34.8M | ||||||||
| Total · 3,272 positions | 100% | $431.92B | +$26.62B |
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 Q1 2025 to Q2 2025: 3,211 stocks held throughout, up $26.62B (+6.8%).
- Nvidia+$4.64B+46%
- Microsoft+$3.10B+33%
- Meta+$1.47B+28%
- Broadcom+$1.11B+65%
- Amazon+$870.2M+15%
- Chevron Corp New−$283.3M−14%
- Berkshire Hathaway Inc Del−$332.7M−9%
- Exxon Mobil Corp−$357.8M−9%
- Apple−$956.1M−8%
- Unitedhealth Group Inc−$1.10B−40%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 5 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 ↗ |