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 | |
|---|---|---|---|---|---|---|
2676
CS Disco
LAW
$250M
| $3.14M | ﹤0.01% |
414,023
+166,190
| +67% | +$1.05M |
|
2677
Electromed
ELMD
$337M
| $3.13M | ﹤0.01% |
287,297
| – | – |
|
|
SENEB
2678
Seneca Foods Class B
SENEB
| $3.13M | ﹤0.01% |
61,399
+439
| +0.7% | +$23.2K |
|
|
MCW
2679
DELISTED
Mister Car Wash
MCW
| $3.12M | ﹤0.01% |
361,004
-1,251
| -0.3% | -$8.48K |
|
|
TSE
2680
DELISTED
Trinseo
TSE
| $3.11M | ﹤0.01% |
371,027
-274,259
| -43% | -$1.83M |
|
2681
Nexa Resources
NEXA
$1.7B
| $3.1M | ﹤0.01% |
434,534
+25,360
| +6% | +$150K |
|
|
DLA
2682
DELISTED
Delta Apparel Inc.
DLA
| $3.09M | ﹤0.01% |
432,861
-16,506
| -4% | -$137K |
|
|
MNTX
2683
DELISTED
Manitex International, Inc.
MNTX
| $3.08M | ﹤0.01% |
352,804
+8,341
| +2% | +$50.2K |
|
|
LX
2684
LexinFintech Holdings
LX
$241M
| $3.06M | ﹤0.01% |
1,663,217
-119,745
| -7% | -$230K |
|
2685
MeiraGTx Holdings
MGTX
$1.09B
| $3.04M | ﹤0.01% |
433,249
+68,433
| +19% | +$338K |
|
2686
PrimeEnergy Resources
PNRG
$298M
| $3.03M | ﹤0.01% |
28,472
| – | – |
|
2687
Clearfield
CLFD
$411M
| $3.03M | ﹤0.01% |
104,081
-12,559
| -11% | -$335K |
|
2688
Everspin Technologies
MRAM
$341M
| $3.02M | ﹤0.01% |
334,495
+36,586
| +12% | +$339K |
|
2689
Identive
INVE
$63.4M
| $3.02M | ﹤0.01% |
366,724
+62,219
| +20% | +$439K |
|
2690
National Bankshares
NKSH
$259M
| $3.01M | ﹤0.01% |
93,071
-1,590
| -2% | -$42.8K |
|
2691
Neogen
NEOG
$2.62B
| $3M | ﹤0.01% |
149,321
-72,105
| -33% | -$1.22M |
|
|
EU
2692
enCore Energy
EU
$212M
| $3M | ﹤0.01% |
763,979
+513,099
| +205% | +$1.83M |
|
2693
Angi Inc
ANGI
$229M
| $3M | ﹤0.01% |
120,531
-20,254
| -14% | -$414K |
|
2694
Citizens Community Bancorp
CZWI
$212M
| $2.99M | ﹤0.01% |
255,160
+1,721
| +0.7% | +$17.4K |
|
2695
Genmab
GMAB
$17.7B
| $2.98M | ﹤0.01% |
93,556
-1,228
| -1% | -$38.6K |
|
2696
Plumas Bancorp
PLBC
$427M
| $2.98M | ﹤0.01% |
72,027
+7,148
| +11% | +$258K |
|
2697
Five Star Bancorp
FSBC
$1.01B
| $2.96M | ﹤0.01% |
113,027
+25,842
| +30% | +$567K |
|
|
ORLA
2698
Orla Mining
ORLA
$3.54B
| $2.96M | ﹤0.01% |
909,675
+123,548
| +16% | +$388K |
|
|
CMLS
2699
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $2.95M | ﹤0.01% |
554,618
-33,136
| -6% | -$168K |
|
2700
Westwood Holdings Group
WHG
$182M
| $2.95M | ﹤0.01% |
234,293
+14,019
| +6% | +$148K |
|
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.