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 | |
|---|---|---|---|---|---|---|
2851
KE Holdings
BEKE
$18.7B
| $1.48M | ﹤0.01% |
91,376
+2,382
| +3% | +$36.8K |
|
2852
Telos
TLS
$332M
| $1.48M | ﹤0.01% |
404,942
+297,706
| +278% | +$988K |
|
|
BRDG
2853
DELISTED
Bridge Investment Group
BRDG
| $1.48M | ﹤0.01% |
150,964
+45,576
| +43% | +$369K |
|
2854
Mama's Creations
MAMA
$857M
| $1.47M | ﹤0.01% |
299,473
+145,188
| +94% | +$573K |
|
2855
Innodata
INOD
$2.05B
| $1.46M | ﹤0.01% |
179,046
-84,540
| -32% | -$670K |
|
|
TWKS
2856
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $1.45M | ﹤0.01% |
301,672
+91,920
| +44% | +$377K |
|
2857
Global Water Resources
GWRS
$206M
| $1.45M | ﹤0.01% |
110,970
+8,123
| +8% | +$91.4K |
|
2858
Blue Bird Corp
BLBD
$2.35B
| $1.45M | ﹤0.01% |
53,633
-3,097
| -5% | -$63.8K |
|
2859
Riley Exploration Permian
REPX
$744M
| $1.44M | ﹤0.01% |
52,692
-7,802
| -13% | -$220K |
|
2860
Magyar Bancorp
MGYR
$124M
| $1.43M | ﹤0.01% |
127,764
| – | – |
|
2861
Rayonier
RYN
$6.55B
| $1.42M | ﹤0.01% |
46,989
-567
| -1% | -$15.2K |
|
2862
Excelerate Energy
EE
$1.25B
| $1.42M | ﹤0.01% |
91,959
+36,663
| +66% | +$590K |
|
|
EEX
2863
DELISTED
Emerald Holding
EEX
| $1.42M | ﹤0.01% |
236,986
+1,187
| +0.5% | +$6.24K |
|
|
MURA
2864
DELISTED
Mural Oncology
MURA
| $1.41M | ﹤0.01% |
+238,482
| New | +$959K |
|
|
PHLT
2865
DELISTED
Performant Healthcare Inc
PHLT
| $1.41M | ﹤0.01% |
451,297
-7,383
| -2% | -$19.3K |
|
2866
Haverty Furniture Companies Class A
HVT.A
$486M
| $1.41M | ﹤0.01% |
39,575
| – | – |
|
2867
Mizuho Financial
MFG
$127B
| $1.4M | ﹤0.01% |
405,540
+3,685
| +0.9% | +$12.5K |
|
2868
Brookfield Asset Management
BAM
$77.3B
| $1.38M | ﹤0.01% |
34,411
-4,407
| -11% | -$149K |
|
|
BZUN
2869
Baozun
BZUN
$167M
| $1.38M | ﹤0.01% |
502,432
-8,638
| -2% | -$25.4K |
|
2870
FuelCell Energy
FCEL
$1.73B
| $1.37M | ﹤0.01% |
28,545
-4,435
| -13% | -$170K |
|
2871
Citizens
CIA
$239M
| $1.37M | ﹤0.01% |
507,621
-24,993
| -5% | -$77.3K |
|
|
STRR
2872
Star Equity Holdings
STRR
$39.9M
| $1.36M | ﹤0.01% |
87,177
-1,991
| -2% | -$32.7K |
|
|
AIOT
2873
PowerFleet Inc
AIOT
$526M
| $1.33M | ﹤0.01% |
388,763
-7,173
| -2% | -$16K |
|
2874
Kodiak Sciences
KOD
$2.6B
| $1.33M | ﹤0.01% |
437,007
-200,447
| -31% | -$446K |
|
2875
Red Violet
RDVT
$979M
| $1.33M | ﹤0.01% |
66,480
+9,634
| +17% | +$192K |
|
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.