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 | |
|---|---|---|---|---|---|---|
2526
Plug Power
PLUG
$2.87B
| $5.57M | ﹤0.01% |
1,237,540
-580,483
| -32% | -$3.04M |
|
2527
eGain
EGAN
$187M
| $5.54M | ﹤0.01% |
665,255
+4,453
| +0.7% | +$31.3K |
|
2528
United Microelectronic
UMC
$47.7B
| $5.54M | ﹤0.01% |
654,540
-25,047
| -4% | -$191K |
|
2529
MBIA
MBI
$261M
| $5.53M | ﹤0.01% |
902,805
-524,932
| -37% | -$4.22M |
|
|
BGFV
2530
DELISTED
Big 5 Sporting Goods
BGFV
| $5.5M | ﹤0.01% |
867,150
-15,326
| -2% | -$98.4K |
|
2531
Banco Bradesco
BBD
$39.3B
| $5.5M | ﹤0.01% |
1,568,760
+2,108
| +0.1% | +$6.61K |
|
|
KLG
2532
DELISTED
WK Kellogg Co
KLG
| $5.48M | ﹤0.01% |
+416,742
| New | +$4.69M |
|
|
ITI
2533
DELISTED
Iteris, Inc.
ITI
| $5.47M | ﹤0.01% |
1,051,673
-36,336
| -3% | -$160K |
|
2534
Douglas Elliman
DOUG
$154M
| $5.46M | ﹤0.01% |
1,849,604
-1,597
| -0.1% | -$3.35K |
|
|
IVAC
2535
DELISTED
Intevac Inc
IVAC
| $5.45M | ﹤0.01% |
1,260,740
-23,233
| -2% | -$86.6K |
|
2536
Value Line
VALU
$321M
| $5.39M | ﹤0.01% |
110,487
-844
| -0.8% | -$36K |
|
|
ITCI
2537
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $5.37M | ﹤0.01% |
74,932
-12,293
| -14% | -$707K |
|
2538
CarParts.com
PRTS
$43.7M
| $5.37M | ﹤0.01% |
169,788
+21,519
| +15% | +$727K |
|
2539
Acacia Research
ACTG
$428M
| $5.37M | ﹤0.01% |
1,368,782
-233,626
| -15% | -$864K |
|
|
SLGC
2540
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $5.35M | ﹤0.01% |
2,112,998
+1,221,299
| +137% | +$2.84M |
|
2541
Dimensional US Core Equity 1 ETF
DCOR
$3.33B
| $5.35M | ﹤0.01% |
100,000
| – | – |
|
2542
CSP Inc
CSPI
$79.7M
| $5.34M | ﹤0.01% |
534,418
+13,722
| +3% | +$143K |
|
2543
KVH Industries
KVHI
$181M
| $5.32M | ﹤0.01% |
1,011,603
-40,899
| -4% | -$200K |
|
2544
Lantronix
LTRX
$240M
| $5.29M | ﹤0.01% |
903,101
+88,603
| +11% | +$446K |
|
2545
C3.ai
AI
$1.43B
| $5.29M | ﹤0.01% |
184,156
+266
| +0.1% | +$7.32K |
|
2546
Virco
VIRC
$95.2M
| $5.28M | ﹤0.01% |
438,627
+39,399
| +10% | +$302K |
|
2547
AMES National
ATLO
$271M
| $5.26M | ﹤0.01% |
246,347
-2,840
| -1% | -$52K |
|
|
TBCH
2548
Turtle Beach Corp
TBCH
$243M
| $5.23M | ﹤0.01% |
477,443
-31,229
| -6% | -$306K |
|
2549
Opko Health
OPK
$985M
| $5.21M | ﹤0.01% |
3,449,062
-864,430
| -20% | -$1.25M |
|
|
OLP
2550
One Liberty Properties
OLP
$530M
| $5.15M | ﹤0.01% |
235,075
-9,691
| -4% | -$193K |
|
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.