Dimensional Fund Advisors LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Dimensional Fund Advisors LP reported 3,270 stock positions worth $466.0 billion. Its top holding was Nvidia (NVDA) at 3.7% of the portfolio, followed by Apple (AAPL, 3.1%) and Microsoft (MSFT, 2.9%). Compared with Q2 2025, it opened 82 new positions, sold out of 85, added to 1,583 and reduced 1,512. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale an exit from Hess (HES).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0000354204
- Portfolio Value
- $466.0B (Q3 2025)
- SEC Filing
- 0000354204-25-001337 ↗ filed Nov 12, 2025
Holdings Value
Holdings 3,270 stocks · $466.0B
| NVDA Nvidia Corp. | 3.72% | 93,042,343 | $17.4B | Reduce -0.5% |
| AAPL Apple Inc. | 3.13% | 57,323,012 | $14.6B | Add +0.4% |
| MSFT Microsoft Corp. | 2.88% | 25,925,159 | $13.4B | Add +1.9% |
| META Meta Platforms Inc. Class A | 1.47% | 9,322,028 | $6.8B | Add +2.1% |
| AMZN Amazon.com Inc. | 1.42% | 30,093,857 | $6.6B | Add +1.0% |
| JPM JPMorgan Chase & Co. | 1.27% | 18,693,071 | $5.9B | Reduce -3.0% |
| GOOGL Alphabet Inc. Class A | 1.07% | 20,579,829 | $5.0B | Add +1.5% |
| GOOG Alphabet Inc. Class C | 0.90% | 17,234,857 | $4.2B | Add +1.1% |
| AVGO Broadcom Inc. | 0.80% | 11,368,828 | $3.8B | Add +7.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 7,094,416 | $3.6B | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.73% | 30,125,550 | $3.4B | Reduce -6.5% |
| JNJ Johnson & Johnson | 0.72% | 18,035,922 | $3.3B | Reduce -2.9% |
| V Visa Inc. Class A | 0.62% | 8,418,387 | $2.9B | Add +1.3% |
| LLY Eli Lilly & Co. | 0.62% | 3,763,922 | $2.9B | Add +2.0% |
| ORCL Oracle Corp. | 0.51% | 8,418,966 | $2.4B | Add +1.2% |
| CVX Chevron Corp. | 0.50% | 15,109,473 | $2.3B | Add +28.5% |
| MA Mastercard Inc. Class A | 0.50% | 4,111,924 | $2.3B | Add +2.7% |
| TSLA Tesla Inc. | 0.47% | 4,890,338 | $2.2B | Add +5.5% |
| ABBV Abbvie Inc. | 0.44% | 8,908,381 | $2.1B | Reduce -6.2% |
| HD Home Depot Inc. | 0.44% | 5,041,284 | $2.0B | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.42% | 28,831,933 | $2.0B | Add +1.0% |
| UNH Unitedhealth Group Inc. | 0.40% | 5,381,255 | $1.9B | Reduce -2.5% |
| SHEL Shell PLC-ADR | 0.37% | 24,414,962 | $1.7B | Add +1.0% |
| NFLX Netflix Inc. | 0.37% | 1,420,267 | $1.7B | Add +34.9% |
| WFC Wells Fargo & Co. | 0.36% | 19,970,924 | $1.7B | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.36% | 10,877,702 | $1.7B | Reduce -5.2% |
| WMT Walmart Inc. | 0.34% | 15,488,205 | $1.6B | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.34% | 30,648,910 | $1.6B | Add +2.1% |
| COST Costco Wholesale Corp. | 0.34% | 1,706,368 | $1.6B | Reduce -8.2% |
| GS Goldman Sachs Group Inc. | 0.32% | 1,867,171 | $1.5B | Reduce -1.9% |
| T AT&T Inc. | 0.31% | 51,388,103 | $1.5B | Reduce -9.1% |
| VZ Verizon Communications Inc. | 0.30% | 32,324,387 | $1.4B | Reduce -5.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 5,007,219 | $1.4B | Reduce -0.4% |
| CAT Caterpillar Inc. | 0.30% | 2,898,668 | $1.4B | Reduce -2.4% |
| PLD Prologis Inc. | 0.29% | 11,956,381 | $1.4B | Reduce -6.2% |
| LIN Linde PLC | 0.29% | 2,828,500 | $1.3B | Add +7.8% |
| WELL Welltower Inc. | 0.28% | 7,408,170 | $1.3B | Add +2.9% |
| MS Morgan Stanley | 0.28% | 8,156,617 | $1.3B | Add +1.6% |
| APP AppLovin Corp. Class A | 0.28% | 1,783,722 | $1.3B | Add +1.7% |
| RTX RTX Corp. | 0.27% | 7,642,723 | $1.3B | Add +2.0% |
| AMT American Tower Corp. | 0.26% | 6,357,842 | $1.2B | Reduce -3.5% |
| KO The Coca-Cola Co. | 0.26% | 18,302,828 | $1.2B | Add +6.0% |
| ABT Abbott Laboratories | 0.26% | 9,019,949 | $1.2B | Add +1.9% |
| MU Micron Technology Inc. | 0.25% | 6,908,753 | $1.2B | Add +2.3% |
| NVS Novartis AG-Sponsored ADR | 0.24% | 8,840,686 | $1.1B | Reduce -2.4% |
| PEP Pepsico Inc. | 0.24% | 7,948,033 | $1.1B | Reduce -2.6% |
| QCOM Qualcomm Inc. | 0.23% | 6,552,427 | $1.1B | Add +36.9% |
| GILD Gilead Sciences Inc. | 0.23% | 9,557,768 | $1.1B | Reduce -5.6% |
| COP Conocophillips | 0.23% | 11,183,429 | $1.1B | Reduce -1.3% |
| CRM Salesforce Inc. | 0.22% | 4,239,144 | $1.0B | Add +3.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.22% | 3,592,234 | $1.0B | Add +0.5% |
| CMCSA Comcast Corp. Class A | 0.21% | 31,125,954 | $978.0M | Reduce -1.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.21% | 990,816 | $959.2M | Add +4.1% |
| EQIX Equinix Inc. | 0.21% | 1,223,028 | $957.9M | Reduce -9.0% |
| DE Deere & Co. | 0.20% | 2,046,128 | $935.8M | Reduce -1.8% |
| GM General Motors Co. | 0.20% | 15,313,898 | $933.7M | Reduce -1.3% |
| PFE Pfizer Inc. | 0.20% | 36,335,531 | $925.1M | Add +4.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 6,386,583 | $923.0M | Add +1.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 8,051,807 | $921.9M | Add +3.6% |
| TRV The Travelers Cos Inc. | 0.20% | 3,279,615 | $915.6M | Reduce -4.4% |
| MRK Merck & Co. Inc. | 0.20% | 10,877,574 | $912.5M | Add +2.4% |
| AXP American Express Co. | 0.20% | 2,736,514 | $909.2M | Reduce -9.7% |
| URI United Rentals Inc. | 0.19% | 948,386 | $905.3M | Add +2.9% |
| AMD Advanced Micro Devices | 0.19% | 5,574,208 | $901.8M | Add +1.4% |
| AMGN Amgen Inc. | 0.19% | 3,178,590 | $896.8M | Add +5.1% |
| UNP Union Pacific Corp. | 0.19% | 3,693,498 | $873.0M | Add +2.8% |
| TMUS T-Mobile US Inc. | 0.18% | 3,558,688 | $851.8M | Reduce -6.5% |
| CSX CSX Corp. | 0.18% | 23,949,946 | $850.5M | Add +6.1% |
| SPG Simon Property Group Inc. | 0.18% | 4,514,638 | $847.2M | Reduce -1.3% |
| LRCX Lam Research Corp. | 0.18% | 6,310,907 | $844.8M | Reduce -0.9% |
| BMY Bristol-Myers Squibb Co. | 0.18% | 18,143,672 | $818.1M | Add +11.5% |
| KR Kroger Co. | 0.18% | 12,119,795 | $816.9M | Reduce -9.4% |
| TMO Thermo Fisher Scientific Inc. | 0.17% | 1,667,747 | $808.6M | Reduce -1.5% |
| DLR Digital Realty Trust Inc. | 0.17% | 4,662,906 | $806.1M | Reduce -0.4% |
| KLAC KLA Corp. | 0.17% | 746,873 | $805.5M | Add +2.2% |
| COF Capital One Financial Corp. | 0.17% | 3,785,542 | $805.2M | Reduce -18.9% |
| C Citigroup Inc. | 0.17% | 7,910,630 | $803.0M | Reduce -10.4% |
| NEM Newmont Corp. | 0.17% | 9,142,130 | $770.7M | Reduce -10.2% |
| O Realty Income Corp. | 0.17% | 12,671,171 | $770.3M | Add +3.5% |
| ACN Accenture PLC Class A | 0.16% | 3,090,962 | $762.2M | Add +40.7% |
| GE General Electric filed as GE AEROSPACE | 0.16% | 2,511,413 | $755.4M | Add +6.2% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.16% | 10,575,644 | $750.7M | Add +1.8% |
| ADP Automatic Data Processing | 0.15% | 2,408,883 | $707.0M | Add +0.8% |
| MDT Medtronic PLC | 0.15% | 7,379,881 | $702.7M | Add +2.1% |
| PLTR Palantir Technologies Inc. Class A | 0.15% | 3,829,362 | $698.5M | Add +8.3% |
| VST Vistra Corp. | 0.15% | 3,559,207 | $697.4M | Reduce -5.3% |
| HON Honeywell International Inc. | 0.15% | 3,253,411 | $684.8M | Add +5.7% |
| AMAT Applied Materials Inc. | 0.14% | 3,288,473 | $673.3M | Add +16.5% |
| EOG EOG Resources Inc. | 0.14% | 5,972,687 | $669.7M | Add +6.1% |
| ADBE Adobe Inc. | 0.14% | 1,887,046 | $665.7M | Reduce -0.3% |
| MPC Marathon Petroleum Corp. | 0.14% | 3,410,655 | $657.5M | Reduce -7.8% |
| NSC Norfolk Southern Corp. | 0.14% | 2,179,610 | $654.8M | Add +5.8% |
| CMI Cummins Inc. | 0.14% | 1,537,347 | $649.3M | Add +0.5% |
| PSA Public Storage | 0.14% | 2,194,212 | $633.8M | Add +2.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.14% | 5,780,057 | $629.8M | Reduce -3.9% |
| TEL Te Connectivity PLC | 0.13% | 2,855,367 | $626.8M | Reduce -10.6% |
| LMT Lockheed Martin Corp. | 0.13% | 1,255,247 | $626.6M | Reduce -4.0% |
| GLW Corning Inc. | 0.13% | 7,634,132 | $626.1M | Reduce -13.4% |
| CB Chubb Ltd. | 0.13% | 2,206,687 | $622.8M | Reduce -2.7% |
| HIG Hartford Insurance Group Inc. | 0.13% | 4,640,867 | $619.0M | Reduce -1.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $78K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 11,245 | $78K | No change |
Total filed on the 13F, all lines: $466.0B.
Portfolio Sells Q2 2025 → Q3 2025
| HES Hess Corp. | Sold out | 0.00% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -8.2% | 0.34% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -6.5% | 0.73% | −0.08 |
| AMT American Tower Corp. | Reduce -3.5% | 0.26% | −0.07 |
| T AT&T Inc. | Reduce -9.1% | 0.31% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -5.2% | 0.36% | −0.06 |
| COF Capital One Financial Corp. | Reduce -18.9% | 0.17% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -1.6% | 0.21% | −0.05 |
| GMS GMS Inc. | Sold out | 0.00% | −0.05 |
| KR Kroger Co. | Reduce -9.4% | 0.18% | −0.05 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.05 |
| DE Deere & Co. | Reduce -1.8% | 0.20% | −0.04 |
| SFM Sprouts Farmers Market Inc. | Reduce -16.3% | 0.04% | −0.04 |
| EQIX Equinix Inc. | Reduce -9.0% | 0.21% | −0.04 |
| CI The Cigna Group | Reduce -5.8% | 0.13% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.4% | 0.30% | −0.04 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -5.2% | 0.30% | −0.04 |
| JCI Johnson Controls Internation | Reduce -24.3% | 0.10% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 0.77% | −0.04 |
| ELV Elevance Health Inc. | Reduce -0.5% | 0.12% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -5.6% | 0.23% | −0.03 |
| AIG American International Group | Reduce -10.4% | 0.10% | −0.03 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.03 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -3.0% | 1.27% | −0.03 |
| AXP American Express Co. | Reduce -9.7% | 0.20% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -8.8% | 0.10% | −0.03 |
| CRK Comstock Resources Inc. | Reduce -2.5% | 0.05% | −0.03 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.03 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.03 |
| TMUS T-Mobile US Inc. | Reduce -6.5% | 0.18% | −0.03 |
| ADBE Adobe Inc. | Reduce -0.3% | 0.14% | −0.03 |
| AMP Ameriprise Financial Inc. | Reduce -5.6% | 0.11% | −0.03 |
| IT Gartner Inc. | Reduce -3.1% | 0.04% | −0.03 |
| PM Philip Morris International | Reduce -0.6% | 0.11% | −0.02 |
| CNC Centene Corp. | Reduce -5.7% | 0.03% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Reduce -2.9% | 0.05% | −0.02 |
| FHN First Horizon Corp. | Reduce -21.2% | 0.08% | −0.02 |
| SNREY Sunrise Communicat Class A | Sold out | 0.00% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -0.2% | 0.07% | −0.02 |
| ADI Analog Devices Inc. | Reduce -11.0% | 0.12% | −0.02 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −0.02 |
| PCAR Paccar Inc. | Reduce -11.8% | 0.11% | −0.02 |
| CRS Carpenter Technology | Reduce -12.6% | 0.05% | −0.02 |
| CHX Championx Corp. | Sold out | 0.00% | −0.02 |
| NRG NRG Energy Inc. | Reduce -13.4% | 0.08% | −0.02 |
| VST Vistra Corp. | Reduce -5.3% | 0.15% | −0.02 |
| COHR Coherent Corp. | Reduce -40.1% | 0.04% | −0.02 |
| AMCR Amcor PLC | Reduce -12.9% | 0.05% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.4% | 3.13% | +0.42 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 1.07% | +0.25 |
| GOOG Alphabet Inc. Class C | Add +1.1% | 0.90% | +0.20 |
| APP AppLovin Corp. Class A | Add +1.7% | 0.28% | +0.13 |
| AVGO Broadcom Inc. | Add +7.7% | 0.80% | +0.13 |
| TSLA Tesla Inc. | Add +5.5% | 0.47% | +0.13 |
| CVX Chevron Corp. | Add +28.5% | 0.50% | +0.11 |
| ORCL Oracle Corp. | Add +1.2% | 0.51% | +0.09 |
| QCOM Qualcomm Inc. | Add +36.9% | 0.23% | +0.06 |
| MU Micron Technology Inc. | Add +2.3% | 0.25% | +0.06 |
| WDC Western Digital Corp. | Add +11.8% | 0.10% | +0.05 |
| NFLX Netflix Inc. | Add +34.9% | 0.37% | +0.04 |
| INTC Intel Corp. | Add +9.0% | 0.11% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +8.3% | 0.15% | +0.04 |
| URI United Rentals Inc. | Add +2.9% | 0.19% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +9.7% | 0.08% | +0.03 |
| ELAN Elanco Animal Health Inc. | Add +8.6% | 0.11% | +0.03 |
| COLB Columbia Banking System Inc. | Add +68.1% | 0.07% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | Add +0.1% | 0.10% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.1% | 0.21% | +0.03 |
| BABA Alibaba Group Holding-SP ADR | Add +8.9% | 0.08% | +0.03 |
| CRH CRH PLC | Add +12.1% | 0.11% | +0.03 |
| IVZ Invesco Ltd. | Add +1.5% | 0.10% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.5% | 0.22% | +0.03 |
| CCL Carnival Corp. | Add +50.7% | 0.09% | +0.03 |
| WELL Welltower Inc. | Add +2.9% | 0.28% | +0.03 |
| DKS Dick's Sporting Goods Inc. | Add +58.3% | 0.07% | +0.03 |
| SMCI Super Micro Computer Inc. | Add +833.8% | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | Add +16.5% | 0.14% | +0.02 |
| CMI Cummins Inc. | Add +0.5% | 0.14% | +0.02 |
| WMB Williams Cos Inc. | Add +30.4% | 0.12% | +0.02 |
| DINO HF Sinclair Corp. | Add +6.4% | 0.10% | +0.02 |
| KLAC KLA Corp. | Add +2.2% | 0.17% | +0.02 |
| GE General Electric | Add +6.2% | 0.16% | +0.02 |
| BWA Borgwarner Inc. | Add +1.3% | 0.11% | +0.02 |
| RTX RTX Corp. | Add +2.0% | 0.27% | +0.02 |
| APA Apa Corp. | Add +13.6% | 0.07% | +0.02 |
| NSC Norfolk Southern Corp. | Add +5.8% | 0.14% | +0.02 |
| TJX TJX Companies Inc. | Add +1.6% | 0.20% | +0.02 |
| JAZZ Jazz Pharmaceuticals PLC | Add +11.8% | 0.08% | +0.02 |
| ALL Allstate Corp. | Add +18.2% | 0.12% | +0.02 |
| SLB SLB Ltd. | Add +25.2% | 0.11% | +0.02 |
| PDD PDD Holdings Inc. | Add +3.6% | 0.10% | +0.02 |
| MS Morgan Stanley | Add +1.6% | 0.28% | +0.02 |
| NXPI NXP Semiconductors NV | Add +21.8% | 0.11% | +0.02 |
| MDB Mongodb Inc. | Add +97.8% | 0.03% | +0.02 |
| BP BP PLC-Spons ADR | Add +8.8% | 0.11% | +0.02 |
| OVV Ovintiv Inc. | Add +25.8% | 0.08% | +0.02 |
| EQX Equinox Gold Corp. | Add +10.2% | 0.03% | +0.02 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +1.8% | 0.16% | +0.01 |
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 |