Dimensional Fund Advisors LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Dimensional Fund Advisors LP reported 3,320 stock positions worth $402.3 billion. Its top holding was Apple (AAPL) at 3.1% of the portfolio, followed by Nvidia (NVDA, 2.6%) and Microsoft (MSFT, 2.4%). Compared with Q4 2024, it opened 59 new positions, sold out of 80, added to 1,740 and reduced 1,410. The biggest buy was Johnson & Johnson (JNJ, shares +14%) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0000354204
- Portfolio Value
- $402.3B (Q1 2025)
- SEC Filing
- 0000354204-25-000866 ↗ filed May 13, 2025
Holdings Value
Holdings 3,320 stocks · $402.3B
| AAPL Apple Inc. | 3.12% | 56,429,484 | $12.5B | Add +4.7% |
| NVDA Nvidia Corp. | 2.60% | 96,472,254 | $10.5B | Reduce -1.1% |
| MSFT Microsoft Corp. | 2.38% | 25,467,476 | $9.6B | Add +2.1% |
| AMZN Amazon.com Inc. | 1.41% | 29,917,012 | $5.7B | Add +3.6% |
| META Meta Platforms Inc. Class A | 1.30% | 9,085,387 | $5.2B | Add +1.1% |
| JPM JPMorgan Chase & Co. | 1.23% | 20,098,773 | $4.9B | Reduce -5.6% |
| XOM Exxon Mobil Corp. | 0.98% | 33,123,517 | $3.9B | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.97% | 7,327,645 | $3.9B | Add +0.4% |
| LLY Eli Lilly & Co. | 0.78% | 3,796,285 | $3.1B | Add +2.5% |
| V Visa Inc. Class A | 0.74% | 8,471,084 | $3.0B | Add +0.4% |
| JNJ Johnson & Johnson | 0.70% | 16,903,105 | $2.8B | Add +14.4% |
| GOOGL Alphabet Inc. Class A | 0.69% | 17,977,378 | $2.8B | Add +1.1% |
| UNH Unitedhealth Group Inc. | 0.68% | 5,197,427 | $2.7B | Add +19.3% |
| GOOG Alphabet Inc. Class C | 0.58% | 14,862,649 | $2.3B | Add +1.9% |
| MA Mastercard Inc. Class A | 0.57% | 4,160,820 | $2.3B | Reduce -0.3% |
| CVX Chevron Corp. | 0.51% | 12,281,983 | $2.1B | Add +0.3% |
| ABBV Abbvie Inc. | 0.49% | 9,413,033 | $2.0B | Add +0.5% |
| COST Costco Wholesale Corp. | 0.47% | 1,997,863 | $1.9B | Add +1.8% |
| HD Home Depot Inc. | 0.46% | 5,004,784 | $1.8B | Add +1.3% |
| CSCO Cisco Systems Inc. | 0.45% | 29,307,776 | $1.8B | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.44% | 10,409,865 | $1.8B | Add +7.2% |
| AVGO Broadcom Inc. | 0.43% | 10,241,379 | $1.7B | Add +0.3% |
| SHEL Shell PLC-ADR | 0.42% | 23,272,913 | $1.7B | Add +2.0% |
| VZ Verizon Communications Inc. | 0.40% | 35,319,757 | $1.6B | Reduce -4.2% |
| T AT&T Inc. | 0.37% | 53,339,376 | $1.5B | Add +2.5% |
| WFC Wells Fargo & Co. | 0.37% | 20,497,429 | $1.5B | Add +0.6% |
| PLD Prologis Inc. | 0.35% | 12,726,673 | $1.4B | Reduce -3.0% |
| AMT American Tower Corp. | 0.35% | 6,534,862 | $1.4B | Add +1.4% |
| WMT Walmart Inc. | 0.34% | 15,795,180 | $1.4B | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 31,956,699 | $1.3B | Add +0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 5,108,455 | $1.3B | Add +0.5% |
| KO The Coca-Cola Co. | 0.31% | 17,541,444 | $1.3B | Reduce -1.3% |
| COP Conocophillips | 0.31% | 11,955,465 | $1.3B | Reduce -0.6% |
| CMCSA Comcast Corp. Class A | 0.31% | 33,601,379 | $1.2B | Reduce -2.8% |
| TSLA Tesla Inc. | 0.31% | 4,755,902 | $1.2B | Add +2.6% |
| ABT Abbott Laboratories | 0.30% | 9,066,978 | $1.2B | Reduce -0.5% |
| DE Deere & Co. | 0.30% | 2,544,755 | $1.2B | Reduce -1.6% |
| PEP Pepsico Inc. | 0.29% | 7,907,459 | $1.2B | Add +2.0% |
| GILD Gilead Sciences Inc. | 0.29% | 10,500,457 | $1.2B | Reduce -9.5% |
| ORCL Oracle Corp. | 0.29% | 8,253,410 | $1.2B | Add +2.6% |
| CRM Salesforce Inc. | 0.28% | 4,182,422 | $1.1B | Add +8.1% |
| LIN Linde PLC | 0.28% | 2,387,097 | $1.1B | Add +15.8% |
| WELL Welltower Inc. | 0.28% | 7,248,482 | $1.1B | Reduce -3.0% |
| EQIX Equinix Inc. | 0.27% | 1,333,635 | $1.1B | Add +1.9% |
| GS Goldman Sachs Group Inc. | 0.27% | 1,980,476 | $1.1B | Reduce -6.9% |
| TMUS T-Mobile US Inc. | 0.27% | 4,032,556 | $1.1B | Reduce -1.3% |
| RTX RTX Corp. | 0.25% | 7,713,131 | $1.0B | Add +0.9% |
| CAT Caterpillar Inc. | 0.25% | 3,087,773 | $1.0B | Reduce -3.0% |
| MRK Merck & Co. Inc. | 0.24% | 10,914,227 | $979.6M | Reduce -5.7% |
| KR Kroger Co. | 0.24% | 14,299,898 | $967.9M | Add +1.3% |
| NVS Novartis AG-Sponsored ADR | 0.24% | 8,606,724 | $959.5M | Add +5.2% |
| NFLX Netflix Inc. | 0.24% | 1,023,606 | $954.5M | Add +3.6% |
| AMGN Amgen Inc. | 0.23% | 3,020,545 | $941.0M | Add +0.8% |
| MS Morgan Stanley | 0.23% | 8,037,341 | $937.6M | Add +0.7% |
| TRV The Travelers Cos Inc. | 0.22% | 3,403,539 | $900.0M | Add +0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 1,729,682 | $860.7M | Reduce -9.0% |
| AXP American Express Co. | 0.21% | 3,121,172 | $839.6M | Add +2.3% |
| UNP Union Pacific Corp. | 0.21% | 3,521,749 | $831.8M | Add +1.8% |
| BMY Bristol-Myers Squibb Co. | 0.20% | 13,371,625 | $815.4M | Reduce -2.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 6,563,127 | $799.2M | Add +0.1% |
| CI The Cigna Group | 0.20% | 2,422,964 | $797.1M | Reduce -1.1% |
| ELV Elevance Health Inc. | 0.19% | 1,794,952 | $780.7M | Reduce -4.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.19% | 7,695,050 | $759.4M | Add +2.3% |
| ADP Automatic Data Processing | 0.19% | 2,474,654 | $756.0M | Add +1.9% |
| SPG Simon Property Group Inc. | 0.19% | 4,526,409 | $751.7M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.18% | 29,326,248 | $743.0M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.18% | 4,669,315 | $717.2M | Add +3.5% |
| ADBE Adobe Inc. | 0.18% | 1,844,481 | $707.4M | Reduce -3.3% |
| O Realty Income Corp. | 0.17% | 12,108,561 | $702.4M | Add +3.9% |
| CB Chubb Ltd. | 0.17% | 2,318,278 | $700.0M | Reduce -0.5% |
| ACN Accenture PLC Class A | 0.17% | 2,207,019 | $688.5M | Reduce -0.2% |
| GM General Motors Co. | 0.17% | 14,383,079 | $676.3M | Add +2.3% |
| DLR Digital Realty Trust Inc. | 0.17% | 4,714,045 | $675.5M | Add +1.2% |
| HON Honeywell International Inc. | 0.16% | 3,100,345 | $656.5M | Add +0.8% |
| MDT Medtronic PLC | 0.16% | 7,209,295 | $647.7M | Add +0.2% |
| HIG Hartford Insurance Group Inc. | 0.16% | 5,179,191 | $640.7M | Reduce -2.0% |
| PSA Public Storage | 0.16% | 2,134,493 | $638.8M | Add +0.6% |
| C Citigroup Inc. | 0.16% | 8,933,918 | $634.2M | Add +0.8% |
| EOG EOG Resources Inc. | 0.16% | 4,911,741 | $629.8M | Add +0.8% |
| CCI Crown Castle Inc. | 0.16% | 5,992,402 | $624.6M | Add +1.2% |
| MDLZ Mondelez International Inc. Class A | 0.15% | 8,993,098 | $610.2M | Reduce -0.7% |
| MPC Marathon Petroleum Corp. | 0.15% | 4,185,030 | $609.6M | Reduce -4.9% |
| AIG American International Group | 0.15% | 6,929,958 | $602.3M | Add +0.2% |
| ASML ASML Holding NV-NY Reg SHS | 0.15% | 905,708 | $600.2M | Add +0.8% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.15% | 10,386,228 | $596.5M | Reduce -2.3% |
| PCAR Paccar Inc. | 0.15% | 6,104,056 | $594.3M | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 3,570,357 | $592.7M | Reduce -2.2% |
| MU Micron Technology Inc. | 0.15% | 6,800,052 | $590.8M | Add +26.3% |
| AMD Advanced Micro Devices | 0.15% | 5,685,018 | $584.0M | Reduce -3.0% |
| LMT Lockheed Martin Corp. | 0.14% | 1,299,092 | $580.3M | Add +1.9% |
| CVS CVS Health Corp. | 0.14% | 8,529,414 | $577.8M | Reduce -1.4% |
| WM Waste Management Inc. | 0.14% | 2,462,903 | $570.1M | Add +1.5% |
| URI United Rentals Inc. | 0.14% | 906,474 | $568.0M | Reduce -0.8% |
| MCD McDonald's Corp. | 0.14% | 1,780,205 | $556.0M | Add +1.1% |
| VLO Valero Energy Corp. | 0.14% | 4,209,056 | $555.9M | Reduce -6.7% |
| TXN Texas Instruments Inc. | 0.14% | 3,087,152 | $554.7M | Reduce -1.8% |
| CSX CSX Corp. | 0.14% | 18,742,431 | $551.5M | Add +11.0% |
| TGT Target Corp. | 0.13% | 5,194,231 | $542.0M | Add +7.7% |
| DHR Danaher Corp. | 0.13% | 2,641,415 | $541.5M | Reduce -5.4% |
| ADI Analog Devices Inc. | 0.13% | 2,676,472 | $539.7M | Reduce -0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -1.1% | 2.60% | −0.55 |
| EXE Expand Energy Corp. | Reduce -47.5% | 0.09% | −0.06 |
| DAL Delta Air Lines Inc. | Reduce -1.9% | 0.12% | −0.04 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.04 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.04 |
| K Kellanova | Reduce -75.4% | 0.01% | −0.04 |
| MRVL Marvell Technology Inc. | Reduce -20.9% | 0.03% | −0.04 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.04 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −0.04 |
| ARCH Arch Resources Inc. | Sold out | 0.00% | −0.04 |
| IBTX Independent Bank Group Inc. | Sold out | 0.00% | −0.04 |
| COHR Coherent Corp. | Reduce -29.1% | 0.03% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -5.7% | 0.24% | −0.03 |
| PVH PVH Corp. | Reduce -1.8% | 0.05% | −0.03 |
| ADBE Adobe Inc. | Reduce -3.3% | 0.18% | −0.03 |
| SOFI Sofi Technologies Inc. | Reduce -36.7% | 0.03% | −0.03 |
| ALK Alaska Air Group Inc. | Reduce -7.8% | 0.07% | −0.03 |
| ON On Semiconductor | Reduce -1.3% | 0.05% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.2% | 0.15% | −0.03 |
| AMD Advanced Micro Devices | Reduce -3.0% | 0.15% | −0.02 |
| HPE Hewlett Packard Enterprise | Reduce -2.6% | 0.07% | −0.02 |
| JEF Jefferies Financial Group Inc. | Reduce -16.7% | 0.03% | −0.02 |
| CAT Caterpillar Inc. | Reduce -3.0% | 0.25% | −0.02 |
| APP AppLovin Corp. Class A | Reduce -2.2% | 0.11% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -6.9% | 0.27% | −0.02 |
| CLS Celestica Inc. | Reduce -42.1% | 0.02% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -9.0% | 0.21% | −0.02 |
| ENLC Enlink Midstream LLC | Sold out | 0.00% | −0.02 |
| BARNES GROUP INC | Sold out | 0.00% | −0.02 |
| MOD Modine Manufacturing Co. | Reduce -22.5% | 0.02% | −0.02 |
| DHR Danaher Corp. | Reduce -5.4% | 0.13% | −0.02 |
| PDCO Patterson Cos Inc. | Reduce -71.5% | 0.01% | −0.02 |
| JWN Nordstrom Inc. | Reduce -95.3% | 0.00% | −0.02 |
| URBN Urban Outfitters Inc. | Reduce -23.0% | 0.06% | −0.02 |
| FLEX Flex Ltd. | Reduce -13.1% | 0.06% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -6.1% | 0.13% | −0.02 |
| CIEN Ciena Corp. | Reduce -8.7% | 0.04% | −0.02 |
| SYF Synchrony Financial | Reduce -1.4% | 0.08% | −0.02 |
| FDX FedEx Corp. | Reduce -1.3% | 0.13% | −0.02 |
| AR Antero Resources Corp. | Reduce -30.2% | 0.08% | −0.02 |
| ECG Everus Construction Group | Reduce -26.6% | 0.01% | −0.02 |
| FYBR Frontier Communications Pare | Reduce -28.8% | 0.05% | −0.02 |
| GEAR Revelyst Inc. | Sold out | 0.00% | −0.02 |
| JBTM JBT Marel Corp. | Reduce -54.1% | 0.01% | −0.02 |
| DTM DT Midstream Inc. | Reduce -18.4% | 0.07% | −0.02 |
| GPI Group 1 Automotive Inc. | Reduce -12.7% | 0.07% | −0.02 |
| TWLO Twilio Inc. Class A | Reduce -22.6% | 0.04% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.2% | 0.17% | −0.02 |
| ALTR Altair Engineering Inc. Class A | Sold out | 0.00% | −0.02 |
| SIG Signet Jewelers Ltd. | Reduce -7.4% | 0.03% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| JNJ Johnson & Johnson | Add +14.4% | 0.70% | +0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 0.97% | +0.18 |
| UNH Unitedhealth Group Inc. | Add +19.3% | 0.68% | +0.15 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.98% | +0.12 |
| V Visa Inc. Class A | Add +0.4% | 0.74% | +0.10 |
| LLY Eli Lilly & Co. | Add +2.5% | 0.78% | +0.09 |
| T AT&T Inc. | Add +2.5% | 0.37% | +0.09 |
| ABBV Abbvie Inc. | Add +0.5% | 0.49% | +0.09 |
| CVX Chevron Corp. | Add +0.3% | 0.51% | +0.08 |
| SHEL Shell PLC-ADR | Add +2.0% | 0.42% | +0.08 |
| AMT American Tower Corp. | Add +1.4% | 0.35% | +0.07 |
| LIN Linde PLC | Add +15.8% | 0.28% | +0.07 |
| CNR Core Natural Resources Inc. | New | 0.06% | +0.06 |
| PG The Procter & Gamble Co. | Add +7.2% | 0.44% | +0.05 |
| IBM Intl Business Machines Corp. | Add +0.5% | 0.32% | +0.05 |
| NVS Novartis AG-Sponsored ADR | Add +5.2% | 0.24% | +0.05 |
| AMGN Amgen Inc. | Add +0.8% | 0.23% | +0.05 |
| RTX RTX Corp. | Add +0.9% | 0.25% | +0.04 |
| B Barrick Gold Corp. | Add +72.2% | 0.07% | +0.04 |
| MU Micron Technology Inc. | Add +26.3% | 0.15% | +0.04 |
| META Meta Platforms Inc. Class A | Add +1.1% | 1.30% | +0.04 |
| COST Costco Wholesale Corp. | Add +1.8% | 0.47% | +0.04 |
| NEM Newmont Corp. | Add +15.9% | 0.11% | +0.04 |
| PM Philip Morris International | Add +2.7% | 0.13% | +0.04 |
| CORT Corcept Therapeutics Inc. | Add +2.8% | 0.06% | +0.04 |
| KR Kroger Co. | Add +1.3% | 0.24% | +0.03 |
| HES Hess Corp. | Add +10.8% | 0.12% | +0.03 |
| X United States Steel Corp. | Add +7.3% | 0.10% | +0.03 |
| AIG American International Group | Add +0.2% | 0.15% | +0.03 |
| TRV The Travelers Cos Inc. | Add +0.8% | 0.22% | +0.03 |
| UMBF Umb Financial Corp. | Add +78.3% | 0.07% | +0.03 |
| CHTR Charter Communications Inc. Class A | Add +22.0% | 0.10% | +0.03 |
| PGR Progressive Corp. | Add +2.5% | 0.13% | +0.03 |
| CCI Crown Castle Inc. | Add +1.2% | 0.16% | +0.03 |
| SLB SLB Ltd. | Add +22.8% | 0.09% | +0.03 |
| NFLX Netflix Inc. | Add +3.6% | 0.24% | +0.03 |
| MMM 3M Co. | Add +18.0% | 0.09% | +0.03 |
| COR Cencora Inc. | Add +2.1% | 0.11% | +0.03 |
| O Realty Income Corp. | Add +3.9% | 0.17% | +0.03 |
| SSB Southstate Bank Corp. | Add +34.3% | 0.11% | +0.02 |
| WM Waste Management Inc. | Add +1.5% | 0.14% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +2.8% | 0.06% | +0.02 |
| MDT Medtronic PLC | Add +0.2% | 0.16% | +0.02 |
| PDD PDD Holdings Inc. | Add +7.9% | 0.08% | +0.02 |
| WFC Wells Fargo & Co. | Add +0.6% | 0.37% | +0.02 |
| VTR Ventas Inc. | Add +3.8% | 0.11% | +0.02 |
| MRSH Marsh & McLennan Cos | Add +1.7% | 0.13% | +0.02 |
| KVUE Kenvue Inc. | Add +4.9% | 0.12% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +12.8% | 0.11% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +16.0% | 0.12% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 3,221 | $551.8B | NVDA, AAPL, MSFT, AMZN, MU |
| Q1 2026 | 3,215 | $481.4B | NVDA, AAPL, MSFT, AMZN, META |
| Q4 2025 | 3,239 | $476.7B | NVDA, AAPL, MSFT, AMZN, META |
| Q3 2025 | 3,270 | $466.0B | NVDA, AAPL, MSFT, META, AMZN |
| Q2 2025 | 3,271 | $431.9B | NVDA, MSFT, AAPL, META, AMZN |
| Q1 2025 | 3,320 | $402.3B | AAPL, NVDA, MSFT, AMZN, META |
| Q4 2024 | 3,339 | $416.4B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 3,349 | $412.3B | AAPL, NVDA, MSFT, AMZN, META |
| Q2 2024 | 3,373 | $382.9B | NVDA, AAPL, MSFT, AMZN, JPM |
| Q1 2024 | 3,387 | $369.4B | MSFT, AAPL, NVDA, AMZN, JPM |