Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$900M |
| 2 |
Cisco
CSCO
|
+$204M |
| 3 |
Amazon
AMZN
|
+$152M |
| 4 |
Johnson & Johnson
JNJ
|
+$150M |
| 5 |
Brookfield Infrastructure
BIPC
|
+$110M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$430M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$305M |
| 3 |
TWNK
Hostess Brands, Inc. Class A Common Stock
TWNK
|
+$299M |
| 4 |
Merck
MRK
|
+$291M |
| 5 |
TRTN
Triton International Limited
TRTN
|
+$282M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.11% |
| 2 | Financials | 17.15% |
| 3 | Industrials | 13.2% |
| 4 | Consumer Discretionary | 11.26% |
| 5 | Healthcare | 10.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Tredegar Corp
TG
$265M
| $6.69M | ﹤0.01% |
1,236,097
-96,725
| -7% | -$477K |
|
|
DHC
2477
Diversified Healthcare Trust
DHC
$2.15B
| $6.65M | ﹤0.01% |
1,778,218
-19,555
| -1% | -$46K |
|
2478
Fulcrum Therapeutics
FULC
$273M
| $6.58M | ﹤0.01% |
975,279
+413,281
| +74% | +$1.83M |
|
2479
Accel Entertainment
ACEL
$978M
| $6.57M | ﹤0.01% |
640,089
+15,698
| +3% | +$162K |
|
2480
indie Semiconductor
INDI
$682M
| $6.57M | ﹤0.01% |
809,945
-19,991
| -2% | -$130K |
|
|
PWOD
2481
DELISTED
Penns Woods Bancorp
PWOD
| $6.54M | ﹤0.01% |
290,543
-1,063
| -0.4% | -$22.5K |
|
|
KG
2482
Kestrel Group
KG
$69.4M
| $6.52M | ﹤0.01% |
142,261
-8,912
| -6% | -$330K |
|
2483
Yext
YEXT
$547M
| $6.51M | ﹤0.01% |
1,105,579
+61,070
| +6% | +$376K |
|
2484
Asure Software
ASUR
$232M
| $6.42M | ﹤0.01% |
674,657
+25,758
| +4% | +$215K |
|
2485
Unisys
UIS
$209M
| $6.42M | ﹤0.01% |
1,141,682
+192,871
| +20% | +$819K |
|
2486
Arhaus
ARHS
$1.05B
| $6.39M | ﹤0.01% |
539,043
+294,548
| +120% | +$2.78M |
|
2487
AB InBev
BUD
$170B
| $6.38M | ﹤0.01% |
98,713
+1,034
| +1% | +$61.1K |
|
2488
Petco
WOOF
$797M
| $6.36M | ﹤0.01% |
2,013,267
-668,363
| -25% | -$2.31M |
|
2489
Ultralife
ULBI
$86.4M
| $6.35M | ﹤0.01% |
931,030
+31,194
| +3% | +$256K |
|
2490
Ionis Pharmaceuticals
IONS
$8.6B
| $6.33M | ﹤0.01% |
125,217
-66,943
| -35% | -$3.21M |
|
|
SILV
2491
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $6.32M | ﹤0.01% |
964,342
+227,943
| +31% | +$1.27M |
|
2492
Provident Financial
PROV
$111M
| $6.28M | ﹤0.01% |
497,958
-990
| -0.2% | -$11.8K |
|
|
WOW
2493
DELISTED
WideOpenWest
WOW
| $6.27M | ﹤0.01% |
1,548,498
-120,400
| -7% | -$648K |
|
2494
TransAlta
TAC
$3.95B
| $6.23M | ﹤0.01% |
750,220
+6,738
| +0.9% | +$54.4K |
|
2495
Scholar Rock
SRRK
$5.67B
| $6.22M | ﹤0.01% |
330,336
+38,494
| +13% | +$479K |
|
|
HMNF
2496
DELISTED
HMN Financial Inc
HMNF
| $6.2M | ﹤0.01% |
269,649
-223
| -0.1% | -$4.36K |
|
|
VZIO
2497
DELISTED
VIZIO Holding Corp.
VZIO
| $6.19M | ﹤0.01% |
803,527
+62,330
| +8% | +$390K |
|
2498
Orthofix Medical
OFIX
$477M
| $6.18M | ﹤0.01% |
458,099
-439,271
| -49% | -$5.16M |
|
2499
Leslie's
LESL
$8.9M
| $6.17M | ﹤0.01% |
44,665
+2,493
| +6% | +$274K |
|
2500
Hamilton Beach Brands
HBB
$311M
| $6.16M | ﹤0.01% |
352,284
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q4 2023 Portfolio in Review
As of Q4 2023, Dimensional Fund Advisors held 3,516 positions worth $342B, up 12% from $305B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 4.3%. Dimensional Fund Advisors opened 49 new positions and exited 103, leaving the 3,516-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q4 2023 buy was Veralto: 961,231 shares worth $79.1M.
- Dimensional Fund Advisors added most to NVIDIA in Q4 2023, an estimated $900M increase.
- Dimensional Fund Advisors's biggest Q4 2023 reduction was Meta Platforms (Facebook), cutting an estimated $430M.
- Dimensional Fund Advisors fully exited Activision Blizzard in Q4 2023, selling an estimated $305M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $342B portfolio in Q4 2023.
- Dimensional Fund Advisors opened 49 new positions and closed 103 in Q4 2023.
- Dimensional Fund Advisors's portfolio value rose 12% quarter-over-quarter to $342B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2023, filed 7 Feb 2024.