Dimensional Fund Advisors LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Dimensional Fund Advisors LP reported 3,271 stock positions worth $431.9 billion. Its top holding was Nvidia (NVDA) at 3.4% of the portfolio, followed by Microsoft (MSFT, 2.9%) and Apple (AAPL, 2.7%). Compared with Q1 2025, it opened 52 new positions, sold out of 102, added to 1,646 and reduced 1,461. The biggest buy was Meta Platforms Class A (META, shares +1%) and the biggest sale Exxon Mobil (XOM, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0000354204
- Portfolio Value
- $431.9B (Q2 2025)
- SEC Filing
- 0000354204-25-001097 ↗ filed Aug 12, 2025
Holdings Value
Holdings 3,271 stocks · $431.9B
| NVDA Nvidia Corp. | 3.42% | 93,489,826 | $14.8B | Reduce -3.1% |
| MSFT Microsoft Corp. | 2.93% | 25,430,343 | $12.6B | Reduce -0.1% |
| AAPL Apple Inc. | 2.71% | 57,085,609 | $11.7B | Add +1.2% |
| META Meta Platforms Inc. Class A | 1.56% | 9,132,028 | $6.7B | Add +0.5% |
| AMZN Amazon.com Inc. | 1.51% | 29,804,053 | $6.5B | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 1.29% | 19,280,322 | $5.6B | Reduce -4.1% |
| GOOGL Alphabet Inc. Class A | 0.83% | 20,276,283 | $3.6B | Add +12.8% |
| XOM Exxon Mobil Corp. | 0.80% | 32,228,609 | $3.5B | Reduce -2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 7,121,422 | $3.5B | Reduce -2.8% |
| GOOG Alphabet Inc. Class C | 0.70% | 17,044,392 | $3.0B | Add +14.7% |
| V Visa Inc. Class A | 0.68% | 8,310,123 | $3.0B | Reduce -1.9% |
| AVGO Broadcom Inc. | 0.67% | 10,556,885 | $2.9B | Add +3.1% |
| LLY Eli Lilly & Co. | 0.67% | 3,690,264 | $2.9B | Reduce -2.8% |
| JNJ Johnson & Johnson | 0.66% | 18,582,253 | $2.8B | Add +9.9% |
| MA Mastercard Inc. Class A | 0.52% | 4,004,524 | $2.3B | Reduce -3.8% |
| CSCO Cisco Systems Inc. | 0.46% | 28,552,123 | $2.0B | Reduce -2.6% |
| HD Home Depot Inc. | 0.43% | 5,028,977 | $1.8B | Add +0.5% |
| COST Costco Wholesale Corp. | 0.43% | 1,858,768 | $1.8B | Reduce -7.0% |
| PG The Procter & Gamble Co. | 0.42% | 11,479,746 | $1.8B | Add +10.3% |
| ORCL Oracle Corp. | 0.42% | 8,321,059 | $1.8B | Add +0.8% |
| ABBV Abbvie Inc. | 0.41% | 9,496,764 | $1.8B | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.40% | 5,517,441 | $1.7B | Add +6.2% |
| SHEL Shell PLC-ADR | 0.39% | 24,165,943 | $1.7B | Add +3.8% |
| CVX Chevron Corp. | 0.39% | 11,760,280 | $1.7B | Reduce -4.3% |
| T AT&T Inc. | 0.38% | 56,521,164 | $1.6B | Add +6.0% |
| WFC Wells Fargo & Co. | 0.37% | 20,012,246 | $1.6B | Reduce -2.4% |
| WMT Walmart Inc. | 0.35% | 15,399,661 | $1.5B | Reduce -2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 5,029,376 | $1.5B | Reduce -1.6% |
| VZ Verizon Communications Inc. | 0.34% | 34,083,345 | $1.5B | Reduce -3.5% |
| TSLA Tesla Inc. | 0.34% | 4,633,479 | $1.5B | Reduce -2.6% |
| AMT American Tower Corp. | 0.34% | 6,586,951 | $1.5B | Add +0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 30,008,448 | $1.4B | Reduce -6.1% |
| NFLX Netflix Inc. | 0.33% | 1,053,024 | $1.4B | Add +2.9% |
| GS Goldman Sachs Group Inc. | 0.31% | 1,903,389 | $1.3B | Reduce -3.9% |
| PLD Prologis Inc. | 0.31% | 12,745,319 | $1.3B | Add +0.1% |
| LIN Linde PLC | 0.28% | 2,623,864 | $1.2B | Add +9.9% |
| KO The Coca-Cola Co. | 0.28% | 17,275,054 | $1.2B | Reduce -1.5% |
| ABT Abbott Laboratories | 0.28% | 8,850,834 | $1.2B | Reduce -2.4% |
| CAT Caterpillar Inc. | 0.27% | 2,968,396 | $1.2B | Reduce -3.9% |
| MS Morgan Stanley | 0.26% | 8,023,833 | $1.1B | Reduce -0.2% |
| CMCSA Comcast Corp. Class A | 0.26% | 31,649,732 | $1.1B | Reduce -5.8% |
| GILD Gilead Sciences Inc. | 0.26% | 10,124,537 | $1.1B | Reduce -3.6% |
| CRM Salesforce Inc. | 0.26% | 4,084,120 | $1.1B | Reduce -2.4% |
| WELL Welltower Inc. | 0.26% | 7,197,606 | $1.1B | Reduce -0.7% |
| NVS Novartis AG-Sponsored ADR | 0.25% | 9,060,895 | $1.1B | Add +5.3% |
| RTX RTX Corp. | 0.25% | 7,494,783 | $1.1B | Reduce -2.8% |
| PEP Pepsico Inc. | 0.25% | 8,160,653 | $1.1B | Add +3.2% |
| EQIX Equinix Inc. | 0.25% | 1,343,496 | $1.1B | Add +0.7% |
| DE Deere & Co. | 0.25% | 2,082,707 | $1.1B | Reduce -18.2% |
| COP Conocophillips | 0.24% | 11,330,673 | $1.0B | Reduce -5.2% |
| COF Capital One Financial Corp. | 0.23% | 4,666,224 | $992.7M | Add +81.3% |
| AXP American Express Co. | 0.22% | 3,028,765 | $966.1M | Reduce -3.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 7,771,903 | $963.8M | Add +1.0% |
| KR Kroger Co. | 0.22% | 13,374,159 | $959.3M | Reduce -6.5% |
| TRV The Travelers Cos Inc. | 0.21% | 3,431,620 | $918.0M | Add +0.8% |
| TMUS T-Mobile US Inc. | 0.21% | 3,805,800 | $906.7M | Reduce -5.6% |
| AMGN Amgen Inc. | 0.20% | 3,023,926 | $844.3M | Add +0.1% |
| PFE Pfizer Inc. | 0.20% | 34,756,414 | $842.5M | Add +18.5% |
| MRK Merck & Co. Inc. | 0.19% | 10,623,142 | $841.0M | Reduce -2.7% |
| MU Micron Technology Inc. | 0.19% | 6,754,273 | $832.6M | Reduce -0.7% |
| UNP Union Pacific Corp. | 0.19% | 3,591,722 | $826.5M | Add +2.0% |
| DLR Digital Realty Trust Inc. | 0.19% | 4,681,286 | $816.1M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.19% | 3,573,069 | $809.3M | Add +0.1% |
| AMD Advanced Micro Devices | 0.18% | 5,499,149 | $780.4M | Reduce -3.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.18% | 6,286,279 | $776.3M | Reduce -4.2% |
| GM General Motors Co. | 0.18% | 15,511,865 | $763.4M | Add +7.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.18% | 952,156 | $763.0M | Add +5.1% |
| QCOM Qualcomm Inc. | 0.18% | 4,788,175 | $762.6M | Add +2.5% |
| BMY Bristol-Myers Squibb Co. | 0.17% | 16,270,054 | $753.2M | Add +21.7% |
| C Citigroup Inc. | 0.17% | 8,833,767 | $751.9M | Reduce -1.1% |
| CI The Cigna Group | 0.17% | 2,265,579 | $748.9M | Reduce -6.5% |
| CSX CSX Corp. | 0.17% | 22,581,526 | $736.9M | Add +20.5% |
| ADP Automatic Data Processing | 0.17% | 2,389,347 | $736.8M | Reduce -3.5% |
| SPG Simon Property Group Inc. | 0.17% | 4,574,795 | $735.4M | Add +1.1% |
| ADBE Adobe Inc. | 0.17% | 1,893,730 | $732.7M | Add +2.7% |
| VST Vistra Corp. | 0.17% | 3,760,044 | $728.8M | Reduce -10.3% |
| HON Honeywell International Inc. | 0.17% | 3,078,746 | $716.9M | Reduce -0.7% |
| O Realty Income Corp. | 0.16% | 12,237,569 | $705.0M | Add +1.1% |
| URI United Rentals Inc. | 0.16% | 921,539 | $694.3M | Add +1.7% |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 1,692,434 | $686.3M | Reduce -2.1% |
| EOG EOG Resources Inc. | 0.16% | 5,628,396 | $673.3M | Add +14.6% |
| CB Chubb Ltd. | 0.15% | 2,267,599 | $656.9M | Reduce -2.2% |
| ACN Accenture PLC Class A | 0.15% | 2,197,178 | $656.7M | Reduce -0.5% |
| KLAC KLA Corp. | 0.15% | 730,904 | $654.7M | Reduce -5.0% |
| ELV Elevance Health Inc. | 0.15% | 1,677,639 | $652.4M | Reduce -6.5% |
| TXN Texas Instruments Inc. | 0.15% | 3,136,159 | $651.1M | Add +1.6% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.15% | 10,390,571 | $631.6M | Add +0.0% |
| MDT Medtronic PLC | 0.15% | 7,225,672 | $629.8M | Add +0.2% |
| ADI Analog Devices Inc. | 0.15% | 2,645,172 | $629.6M | Reduce -1.2% |
| PSA Public Storage | 0.15% | 2,144,216 | $629.1M | Add +0.5% |
| LRCX Lam Research Corp. | 0.14% | 6,368,143 | $619.9M | Reduce -2.0% |
| CCI Crown Castle Inc. | 0.14% | 6,008,019 | $617.2M | Add +0.3% |
| MPC Marathon Petroleum Corp. | 0.14% | 3,698,129 | $614.4M | Reduce -11.6% |
| APP AppLovin Corp. Class A | 0.14% | 1,753,247 | $613.5M | Add +0.8% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 2,365,180 | $608.7M | Reduce -2.8% |
| LMT Lockheed Martin Corp. | 0.14% | 1,307,659 | $605.6M | Add +0.7% |
| HIG Hartford Insurance Group Inc. | 0.14% | 4,715,563 | $598.2M | Reduce -8.9% |
| RCL Royal Caribbean Cruises Ltd. | 0.14% | 1,898,222 | $594.4M | Add +4.2% |
| NEM Newmont Corp. | 0.14% | 10,184,859 | $593.2M | Add +16.1% |
| PM Philip Morris International | 0.14% | 3,233,938 | $589.0M | Add +0.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $92K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 11,245 | $92K | New |
Total filed on the 13F, all lines: $431.9B.
Portfolio Sells Q1 2025 → Q2 2025
| XOM Exxon Mobil Corp. | Reduce -2.7% | 0.80% | −0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.80% | −0.17 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.13 |
| CVX Chevron Corp. | Reduce -4.3% | 0.39% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -2.8% | 0.67% | −0.11 |
| X United States Steel Corp. | Sold out | 0.00% | −0.10 |
| COP Conocophillips | Reduce -5.2% | 0.24% | −0.08 |
| TMUS T-Mobile US Inc. | Reduce -5.6% | 0.21% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -3.5% | 0.34% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.1% | 0.16% | −0.06 |
| V Visa Inc. Class A | Reduce -1.9% | 0.68% | −0.05 |
| DE Deere & Co. | Reduce -18.2% | 0.25% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -2.7% | 0.19% | −0.05 |
| BECN Beacon Roofing Supply Inc. | Sold out | 0.00% | −0.05 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -5.8% | 0.26% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -3.8% | 0.52% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -7.0% | 0.43% | −0.04 |
| ELV Elevance Health Inc. | Reduce -6.5% | 0.15% | −0.04 |
| PSX Phillips 66 | Reduce -22.9% | 0.08% | −0.04 |
| EXE Expand Energy Corp. | Reduce -33.6% | 0.06% | −0.03 |
| GILD Gilead Sciences Inc. | Reduce -3.6% | 0.26% | −0.03 |
| VLO Valero Energy Corp. | Reduce -18.7% | 0.11% | −0.03 |
| KO The Coca-Cola Co. | Reduce -1.5% | 0.28% | −0.03 |
| REGN Regeneron Pharmaceuticals | Reduce -9.1% | 0.06% | −0.03 |
| AR Antero Resources Corp. | Reduce -26.8% | 0.06% | −0.03 |
| LYB Lyondellbasell Indu Class A | Reduce -15.2% | 0.05% | −0.03 |
| DOW Dow Inc. | Reduce -9.6% | 0.05% | −0.03 |
| CORT Corcept Therapeutics Inc. | Reduce -2.4% | 0.04% | −0.03 |
| CI The Cigna Group | Reduce -6.5% | 0.17% | −0.02 |
| OXY Occidental Petroleum Corp. | Reduce -3.8% | 0.08% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -2.0% | 0.10% | −0.02 |
| ESGR Enstar Group Ltd. | Reduce -49.1% | 0.02% | −0.02 |
| HEES H&E Equipment Services Inc. | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Reduce -5.1% | 0.11% | −0.02 |
| CB Chubb Ltd. | Reduce -2.2% | 0.15% | −0.02 |
| TTWO Take-Two Interactive Softwre | Reduce -42.2% | 0.04% | −0.02 |
| GIS General Mills Inc. | Reduce -1.3% | 0.08% | −0.02 |
| CRM Salesforce Inc. | Reduce -2.4% | 0.26% | −0.02 |
| DVN Devon Energy Corp. | Reduce -4.7% | 0.06% | −0.02 |
| HIG Hartford Insurance Group Inc. | Reduce -8.9% | 0.14% | −0.02 |
| AIG American International Group | Reduce -5.8% | 0.13% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -6.5% | 0.13% | −0.02 |
| ABT Abbott Laboratories | Reduce -2.4% | 0.28% | −0.02 |
| WELL Welltower Inc. | Reduce -0.7% | 0.26% | −0.02 |
| POST Post Holdings Inc. | Reduce -11.0% | 0.07% | −0.02 |
| UNM Unum Group | Reduce -16.1% | 0.07% | −0.02 |
| FANG Diamondback Energy Inc. | Reduce -2.7% | 0.07% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.5% | 0.15% | −0.02 |
| TJX TJX Companies Inc. | Reduce -4.2% | 0.18% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| META Meta Platforms Inc. Class A | Add +0.5% | 1.56% | +0.26 |
| AVGO Broadcom Inc. | Add +3.1% | 0.67% | +0.25 |
| GOOGL Alphabet Inc. Class A | Add +12.8% | 0.83% | +0.14 |
| ORCL Oracle Corp. | Add +0.8% | 0.42% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +14.7% | 0.70% | +0.12 |
| COF Capital One Financial Corp. | Add +81.3% | 0.23% | +0.12 |
| NFLX Netflix Inc. | Add +2.9% | 0.33% | +0.09 |
| RCL Royal Caribbean Cruises Ltd. | Add +4.2% | 0.14% | +0.04 |
| CCL Carnival Corp. | Add +117.2% | 0.06% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 0.19% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +50.0% | 0.10% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +0.5% | 0.11% | +0.04 |
| COIN Coinbase Global Inc. Class A | Add +31.3% | 0.06% | +0.04 |
| VRT Vertiv Holdings Co. Class A | Add +1.9% | 0.09% | +0.04 |
| DIS The Walt Disney Co. | Add +1.0% | 0.22% | +0.03 |
| CHTR Charter Communications Inc. Class A | Add +29.7% | 0.13% | +0.03 |
| CSX CSX Corp. | Add +20.5% | 0.17% | +0.03 |
| NEM Newmont Corp. | Add +16.1% | 0.14% | +0.03 |
| FLUT Flutter Entertainment PLC-Di | Add +4510.6% | 0.03% | +0.03 |
| CRH CRH PLC | Add +62.5% | 0.08% | +0.03 |
| TT Trane Technologies PLC | Add +18.8% | 0.10% | +0.03 |
| SNX TD Synnex Corp. | Add +23.5% | 0.09% | +0.03 |
| APP AppLovin Corp. Class A | Add +0.8% | 0.14% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | Add +5.1% | 0.18% | +0.03 |
| MRVL Marvell Technology Inc. | Add +50.5% | 0.06% | +0.02 |
| EMR Emerson Electric Co. | Add +14.9% | 0.10% | +0.02 |
| COHR Coherent Corp. | Add +30.7% | 0.06% | +0.02 |
| PR Permian Resources Corp. Class A | Add +58.9% | 0.07% | +0.02 |
| RRX Regal Rexnord Corp. | Add +22.4% | 0.07% | +0.02 |
| ELAN Elanco Animal Health Inc. | Add +11.2% | 0.08% | +0.02 |
| SWKS Skyworks Solutions Inc. | Add +70.3% | 0.05% | +0.02 |
| AMCR Amcor PLC | Add +65.2% | 0.07% | +0.02 |
| WDC Western Digital Corp. | Add +16.0% | 0.05% | +0.02 |
| FERG Ferguson Enterprises Inc. | Add +2.5% | 0.09% | +0.02 |
| HPE Hewlett Packard Enterprise | Add +5.4% | 0.09% | +0.02 |
| URI United Rentals Inc. | Add +1.7% | 0.16% | +0.02 |
| TOL Toll Brothers Inc. | Add +32.5% | 0.08% | +0.02 |
| VTRS Viatris Inc. | Add +47.0% | 0.06% | +0.02 |
| CMG Chipotle Mexican Grill Inc. | Add +20.4% | 0.09% | +0.02 |
| B Barrick Mining Corp. | Add +26.6% | 0.09% | +0.02 |
| BEN Franklin Templeton Inc. | Add +31.7% | 0.05% | +0.02 |
| FLR Fluor Corp. | Add +24.2% | 0.05% | +0.02 |
| CVNA Carvana Co. | Add +8.0% | 0.05% | +0.02 |
| EME Emcor Group Inc. | Add +5.8% | 0.06% | +0.02 |
| KB KB Financial Group Inc.-ADR | Add +5.0% | 0.05% | +0.02 |
| DINO HF Sinclair Corp. | Add +6.3% | 0.08% | +0.02 |
| NXPI NXP Semiconductors NV | Add +12.6% | 0.09% | +0.02 |
| AA Alcoa Corp. | Add +44.0% | 0.07% | +0.02 |
| WCC Wesco International Inc. | Add +6.7% | 0.10% | +0.02 |
| NVS Novartis AG-Sponsored ADR | Add +5.3% | 0.25% | +0.02 |
Notes & Other Activity Q1 2025 → Q2 2025
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | New | 11,245 | $92K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |