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 | |
|---|---|---|---|---|---|---|
|
BHR
2801
Braemar Hotels & Resorts
BHR
$156M
| $1.89M | ﹤0.01% |
757,786
+572
| +0.1% | +$1.42K |
|
2802
LifeVantage
LFVN
$81.1M
| $1.88M | ﹤0.01% |
313,378
+31,746
| +11% | +$210K |
|
2803
MainStreet Bancshares
MNSB
$164M
| $1.88M | ﹤0.01% |
75,645
+742
| +1% | +$15.9K |
|
2804
Mastech Digital
MHH
$93.1M
| $1.87M | ﹤0.01% |
222,049
-5,173
| -2% | -$44.8K |
|
2805
Caledonia Mining Corp
CMCL
$355M
| $1.86M | ﹤0.01% |
152,567
+3,475
| +2% | +$40.3K |
|
2806
MiMedx Group
MDXG
$602M
| $1.83M | ﹤0.01% |
208,722
+189,121
| +965% | +$1.38M |
|
2807
Aware
AWRE
$26M
| $1.83M | ﹤0.01% |
1,100,008
-22,173
| -2% | -$33.2K |
|
|
HTT
2808
High Templar Tech Ltd
HTT
$379M
| $1.81M | ﹤0.01% |
886,695
-46,081
| -5% | -$86.5K |
|
|
GOOS
2809
Canada Goose Holdings
GOOS
$872M
| $1.81M | ﹤0.01% |
152,654
-205,351
| -57% | -$2.43M |
|
2810
ARS Pharmaceuticals
SPRY
$509M
| $1.78M | ﹤0.01% |
324,726
-49,012
| -13% | -$215K |
|
2811
M-tron Industries
MPTI
$356M
| $1.76M | ﹤0.01% |
49,392
| – | – |
|
|
ENFN
2812
DELISTED
Enfusion, Inc.
ENFN
| $1.76M | ﹤0.01% |
181,344
+88,667
| +96% | +$828K |
|
2813
Bowman Consulting
BWMN
$470M
| $1.73M | ﹤0.01% |
48,699
| – | – |
|
2814
PMV Pharmaceuticals
PMVP
$59.2M
| $1.73M | ﹤0.01% |
557,471
-20,364
| -4% | -$53.9K |
|
|
MGIC
2815
DELISTED
Magic Software Enterprises
MGIC
| $1.73M | ﹤0.01% |
178,282
-6,826
| -4% | -$66.8K |
|
|
SUP
2816
DELISTED
Superior Industries International
SUP
| $1.72M | ﹤0.01% |
538,843
-16,577
| -3% | -$46.9K |
|
2817
Ampco-Pittsburgh
AP
$163M
| $1.72M | ﹤0.01% |
631,157
-942
| -0.1% | -$2.52K |
|
2818
Five Point Holdings
FPH
$376M
| $1.72M | ﹤0.01% |
559,142
+29,234
| +6% | +$76.6K |
|
2819
The Joint Corp
JYNT
$118M
| $1.71M | ﹤0.01% |
178,274
-25,563
| -13% | -$222K |
|
2820
Enanta Pharmaceuticals
ENTA
$366M
| $1.69M | ﹤0.01% |
179,563
-17,190
| -9% | -$160K |
|
|
DOO
2821
Bombardier Recreational Products
DOO
$4.54B
| $1.68M | ﹤0.01% |
23,417
+1,647
| +8% | +$115K |
|
2822
Vivid Seats
SEAT
$84.6M
| $1.67M | ﹤0.01% |
13,177
+8,603
| +188% | +$1.18M |
|
|
OLPX
2823
DELISTED
Olaplex Holdings
OLPX
| $1.66M | ﹤0.01% |
653,230
+96,212
| +17% | +$190K |
|
2824
EverCommerce
EVCM
$2.18B
| $1.65M | ﹤0.01% |
149,865
+74,707
| +99% | +$720K |
|
|
FREE
2825
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $1.65M | ﹤0.01% |
484,180
| – | – |
|
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.