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 | |
|---|---|---|---|---|---|---|
2651
SoundThinking
SSTI
$100M
| $3.52M | ﹤0.01% |
137,941
+1,856
| +1% | +$37.8K |
|
2652
Culp Inc
CULP
$44.1M
| $3.5M | ﹤0.01% |
605,285
-7,350
| -1% | -$40K |
|
|
SMLR
2653
DELISTED
Semler Scientific
SMLR
| $3.47M | ﹤0.01% |
78,405
+22,635
| +41% | +$813K |
|
2654
Innovative Solutions & Support
ISSC
$327M
| $3.47M | ﹤0.01% |
406,622
-2,173
| -0.5% | -$16.5K |
|
|
PPIH
2655
Perma-Pipe International
PPIH
$196M
| $3.47M | ﹤0.01% |
444,985
-2,575
| -0.6% | -$18.1K |
|
2656
Embotelladora Andina Series B
AKO.B
$4.74B
| $3.45M | ﹤0.01% |
231,218
-61
| -0% | -$827 |
|
2657
Silvercrest Asset Management
SAMG
$79M
| $3.44M | ﹤0.01% |
202,533
+12,868
| +7% | +$213K |
|
2658
Epsilon Energy
EPSN
$169M
| $3.42M | ﹤0.01% |
673,893
-12,104
| -2% | -$64.6K |
|
|
HUYA
2659
Huya Inc
HUYA
$563M
| $3.4M | ﹤0.01% |
928,467
+54,384
| +6% | +$182K |
|
2660
Trupanion
TRUP
$1.07B
| $3.39M | ﹤0.01% |
111,103
+27,495
| +33% | +$729K |
|
2661
Rocket Companies
RKT
$36.5B
| $3.38M | ﹤0.01% |
233,208
+21,419
| +10% | +$205K |
|
2662
Norwood Financial Corp
NWFL
$370M
| $3.37M | ﹤0.01% |
102,408
| – | – |
|
2663
Key Tronic
KTCC
$42.8M
| $3.36M | ﹤0.01% |
778,885
-1,942
| -0.2% | -$7.94K |
|
2664
Red River Bancshares
RRBI
$662M
| $3.36M | ﹤0.01% |
59,913
+10,337
| +21% | +$519K |
|
2665
Landmark Bancorp
LARK
$191M
| $3.36M | ﹤0.01% |
191,148
-1,350
| -0.7% | -$22.1K |
|
|
NOAH
2666
Noah Holdings
NOAH
$580M
| $3.36M | ﹤0.01% |
243,428
-21,468
| -8% | -$271K |
|
|
INST
2667
DELISTED
Instructure Holdings, Inc.
INST
| $3.34M | ﹤0.01% |
123,611
+75,290
| +156% | +$1.95M |
|
|
FSP
2668
Franklin Street Properties
FSP
$47.2M
| $3.33M | ﹤0.01% |
1,301,799
-10,030
| -0.8% | -$21.6K |
|
2669
MaxCyte
MXCT
$112M
| $3.27M | ﹤0.01% |
694,961
+218,356
| +46% | +$850K |
|
|
NOA
2670
North American Construction
NOA
$369M
| $3.26M | ﹤0.01% |
156,164
-19,633
| -11% | -$405K |
|
2671
Amplitude
AMPL
$1.18B
| $3.21M | ﹤0.01% |
252,308
-3,880
| -2% | -$43.1K |
|
2672
ScottsMiracle-Gro
SMG
$3.82B
| $3.2M | ﹤0.01% |
50,148
-18,582
| -27% | -$1M |
|
2673
Princeton Bancorp
BPRN
$281M
| $3.18M | ﹤0.01% |
88,692
+2,347
| +3% | +$76.1K |
|
|
VERV
2674
DELISTED
Verve Therapeutics
VERV
| $3.18M | ﹤0.01% |
+228,210
| New | +$2.83M |
|
2675
Equinor
EQNR
$97.7B
| $3.17M | ﹤0.01% |
100,327
+863
| +0.9% | +$27.9K |
|
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.