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 | |
|---|---|---|---|---|---|---|
|
YMAB
2776
DELISTED
Y-mAbs Therapeutics
YMAB
| $2.14M | ﹤0.01% |
313,101
+71,512
| +30% | +$414K |
|
2777
Ultragenyx Pharmaceutical
RARE
$2.45B
| $2.13M | ﹤0.01% |
44,640
-10,012
| -18% | -$388K |
|
|
SPR
2778
DELISTED
Spirit AeroSystems
SPR
| $2.13M | ﹤0.01% |
67,014
+1,539
| +2% | +$37.7K |
|
|
APLS
2779
DELISTED
Apellis Pharmaceuticals
APLS
| $2.13M | ﹤0.01% |
35,567
+9,500
| +36% | +$482K |
|
2780
First Community Corp
FCCO
$321M
| $2.1M | ﹤0.01% |
97,752
-922
| -0.9% | -$16.9K |
|
2781
Ohio Valley Banc Corp
OVBC
$198M
| $2.1M | ﹤0.01% |
91,143
+2,404
| +3% | +$56.8K |
|
2782
Bank7 Corp
BSVN
$479M
| $2.09M | ﹤0.01% |
76,350
+7,571
| +11% | +$180K |
|
2783
Inogen
INGN
$175M
| $2.09M | ﹤0.01% |
380,168
-47,500
| -11% | -$251K |
|
2784
ASE Group
ASX
$77.3B
| $2.08M | ﹤0.01% |
220,678
-7,243
| -3% | -$60K |
|
|
SRTA
2785
Strata Critical Medical Inc
SRTA
$434M
| $2.05M | ﹤0.01% |
581,775
+305,287
| +110% | +$876K |
|
|
SQSP
2786
DELISTED
Squarespace, Inc.
SQSP
| $2.04M | ﹤0.01% |
61,724
-316,201
| -84% | -$9.25M |
|
2787
Upland Software
UPLD
$12.8M
| $2.04M | ﹤0.01% |
48,141
+19,411
| +68% | +$839K |
|
|
ONC
2788
BeOne Medicines Ltd
ONC
$32.8B
| $2.04M | ﹤0.01% |
11,289
-195
| -2% | -$35.3K |
|
2789
Karat Packaging
KRT
$803M
| $2.03M | ﹤0.01% |
81,494
+25,283
| +45% | +$557K |
|
2790
Velocity Financial
VEL
$689M
| $2.02M | ﹤0.01% |
117,088
+18,787
| +19% | +$255K |
|
2791
ALX Oncology
ALXO
$261M
| $2M | ﹤0.01% |
134,222
-517
| -0.4% | -$4.91K |
|
|
BCOV
2792
DELISTED
Brightcove, Inc.
BCOV
| $1.99M | ﹤0.01% |
769,232
+11,284
| +1% | +$30.3K |
|
2793
Meridian
MRBK
$234M
| $1.99M | ﹤0.01% |
143,031
+11,897
| +9% | +$138K |
|
2794
Bridgford Foods
BRID
$57.6M
| $1.97M | ﹤0.01% |
179,819
| – | – |
|
2795
Ark Restaurants
ARKR
$20.4M
| $1.96M | ﹤0.01% |
138,366
+494
| +0.4% | +$7.51K |
|
2796
Suzano
SUZ
$10.5B
| $1.94M | ﹤0.01% |
170,866
-6,068
| -3% | -$65.6K |
|
|
SEMR
2797
DELISTED
Semrush
SEMR
| $1.94M | ﹤0.01% |
142,079
+107,476
| +311% | +$1.06M |
|
2798
BridgeBio Pharma
BBIO
$15.7B
| $1.92M | ﹤0.01% |
47,629
+2,234
| +5% | +$67.1K |
|
2799
PLAYSTUDIOS Inc
MYPS
$77.9M
| $1.91M | ﹤0.01% |
706,004
+46,855
| +7% | +$128K |
|
2800
Inspired Entertainment
INSE
$184M
| $1.9M | ﹤0.01% |
192,255
-3,067
| -2% | -$29K |
|
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.