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 | |
|---|---|---|---|---|---|---|
|
AIFU
2726
AIFU Inc
AIFU
$206M
| $2.69M | ﹤0.01% |
1,021
-67
| -6% | -$185K |
|
2727
James Hardie Industries
JHX
$15.3B
| $2.68M | ﹤0.01% |
69,259
+669
| +1% | +$20.1K |
|
|
VLRS
2728
Controladora Vuela Compania de Aviacion
VLRS
$900M
| $2.66M | ﹤0.01% |
283,820
-5,290
| -2% | -$38.6K |
|
|
NGD
2729
DELISTED
New Gold Inc
NGD
| $2.66M | ﹤0.01% |
1,823,140
+621,191
| +52% | +$782K |
|
|
BRT
2730
BRT Apartments
BRT
$281M
| $2.66M | ﹤0.01% |
142,860
+9,809
| +7% | +$174K |
|
|
IMOS
2731
ChipMOS TECHNOLOGIES
IMOS
$1.65B
| $2.65M | ﹤0.01% |
97,513
-952
| -1% | -$23.9K |
|
|
LL
2732
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.65M | ﹤0.01% |
680,344
+69,943
| +11% | +$233K |
|
2733
FVCBankcorp
FVCB
$335M
| $2.65M | ﹤0.01% |
186,557
+1,512
| +0.8% | +$18.3K |
|
|
MBCN
2734
DELISTED
Middlefield Banc Corp
MBCN
| $2.65M | ﹤0.01% |
81,715
-903
| -1% | -$26K |
|
2735
Rimini Street
RMNI
$445M
| $2.63M | ﹤0.01% |
804,044
-85,876
| -10% | -$236K |
|
2736
Liberty Global Class A
LBTYA
$3.62B
| $2.62M | ﹤0.01% |
147,289
-10,384
| -7% | -$168K |
|
|
PVBC
2737
DELISTED
Provident Bancorp
PVBC
| $2.61M | ﹤0.01% |
258,839
+55,100
| +27% | +$533K |
|
2738
Travelzoo
TZOO
$74.3M
| $2.59M | ﹤0.01% |
272,269
+6,254
| +2% | +$49.9K |
|
2739
McCormick & Company Voting
MKC.V
$13.7B
| $2.59M | ﹤0.01% |
38,043
+159
| +0.4% | +$10.5K |
|
|
PARAA
2740
DELISTED
Paramount Global Class A
PARAA
| $2.59M | ﹤0.01% |
131,479
-2,248
| -2% | -$38.5K |
|
2741
Wipro
WIT
$19.6B
| $2.58M | ﹤0.01% |
925,846
+6,376
| +0.7% | +$15.5K |
|
2742
RGC Resources
RGCO
$223M
| $2.55M | ﹤0.01% |
125,493
-2,741
| -2% | -$49.3K |
|
|
LUCK
2743
Lucky Strike Entertainment
LUCK
$914M
| $2.54M | ﹤0.01% |
179,491
-12,255
| -6% | -$135K |
|
2744
Workiva
WK
$3.36B
| $2.53M | ﹤0.01% |
24,935
+97
| +0.4% | +$9.36K |
|
2745
Viemed Healthcare
VMD
$447M
| $2.51M | ﹤0.01% |
319,666
-2,406
| -0.7% | -$17.5K |
|
2746
Oak Valley Bancorp
OVLY
$285M
| $2.5M | ﹤0.01% |
83,560
| – | – |
|
2747
Applied Optoelectronics
AAOI
$7.57B
| $2.48M | ﹤0.01% |
128,390
-2,868
| -2% | -$37.5K |
|
|
OMCC
2748
DELISTED
Old Market Capital Corp
OMCC
| $2.47M | ﹤0.01% |
361,854
-4,601
| -1% | -$26.3K |
|
2749
Tenable Holdings
TENB
$3.6B
| $2.47M | ﹤0.01% |
53,559
+127
| +0.2% | +$5.34K |
|
2750
AudioCodes
AUDC
$244M
| $2.46M | ﹤0.01% |
203,816
+51,624
| +34% | +$529K |
|
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.