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 | |
|---|---|---|---|---|---|---|
2601
Icon
ICLR
$12.6B
| $4.3M | ﹤0.01% |
15,160
-118
| -0.8% | -$30.5K |
|
|
SBDS
2602
DELISTED
Solo Brands Inc
SBDS
| $4.27M | ﹤0.01% |
17,343
+4,668
| +37% | +$910K |
|
|
GATO
2603
DELISTED
Gatos Silver, Inc.
GATO
| $4.27M | ﹤0.01% |
653,007
+308,555
| +90% | +$1.71M |
|
2604
Lumen
LUMN
$6.57B
| $4.27M | ﹤0.01% |
2,333,098
-1,585,958
| -40% | -$2.25M |
|
2605
Clarus
CLAR
$123M
| $4.26M | ﹤0.01% |
618,091
+54,640
| +10% | +$321K |
|
2606
Lifeway Foods
LWAY
$455M
| $4.26M | ﹤0.01% |
317,479
+21,732
| +7% | +$274K |
|
2607
Ero Copper
ERO
$2.81B
| $4.25M | ﹤0.01% |
269,309
+53,703
| +25% | +$755K |
|
2608
TaskUs
TASK
$556M
| $4.24M | ﹤0.01% |
324,653
+137,400
| +73% | +$1.52M |
|
2609
Hawthorn Bancshares
HWBK
$269M
| $4.24M | ﹤0.01% |
167,124
+3,706
| +2% | +$73.4K |
|
|
CRON
2610
Cronos Group
CRON
$1.06B
| $4.19M | ﹤0.01% |
2,004,781
+246,690
| +14% | +$479K |
|
2611
Telefônica Brasil
VIV
$20.6B
| $4.18M | ﹤0.01% |
381,694
+34,707
| +10% | +$346K |
|
2612
Phreesia
PHR
$663M
| $4.14M | ﹤0.01% |
178,764
-143,455
| -45% | -$2.48M |
|
|
BLUE
2613
DELISTED
bluebird bio
BLUE
| $4.13M | ﹤0.01% |
149,764
+65,335
| +77% | +$3.98M |
|
2614
AMCON Distributing
DIT
| $4.13M | ﹤0.01% |
31,791
| – | – |
|
2615
Advantage Solutions
ADV
$522M
| $4.13M | ﹤0.01% |
45,603
+26,214
| +135% | +$1.86M |
|
2616
Urban One Class D
UONEK
$22.8M
| $4.12M | ﹤0.01% |
116,575
+2,423
| +2% | +$111K |
|
2617
GrowGeneration
GRWG
$86.5M
| $4.11M | ﹤0.01% |
1,639,051
+44,385
| +3% | +$109K |
|
|
PLL
2618
DELISTED
Piedmont Lithium
PLL
| $4.11M | ﹤0.01% |
145,417
-39,207
| -21% | -$1.15M |
|
2619
EverQuote
EVER
$892M
| $4.09M | ﹤0.01% |
334,077
+84,882
| +34% | +$771K |
|
2620
Montauk Renewables
MNTK
$243M
| $4.07M | ﹤0.01% |
456,668
+219,758
| +93% | +$2.06M |
|
2621
Ascent Industries
ACNT
$140M
| $4.07M | ﹤0.01% |
425,492
-1,104
| -0.3% | -$9.09K |
|
2622
Dream Finders Homes
DFH
$1.16B
| $4.03M | ﹤0.01% |
+113,427
| New | +$2.82M |
|
2623
8x8 Inc
EGHT
$269M
| $4M | ﹤0.01% |
1,058,179
+631,819
| +148% | +$1.88M |
|
|
AC
2624
DELISTED
Associated Capital Group
AC
| $3.99M | ﹤0.01% |
111,778
| – | – |
|
2625
Children's Place
PLCE
$54.3M
| $3.99M | ﹤0.01% |
171,764
-42,098
| -20% | -$1.02M |
|
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.