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 | |
|---|---|---|---|---|---|---|
|
PCH
2901
DELISTED
PotlatchDeltic
PCH
| $1.16M | ﹤0.01% |
23,580
+76
| +0.3% | +$3.48K |
|
2902
Viking Therapeutics
VKTX
$3.7B
| $1.16M | ﹤0.01% |
62,133
-364,631
| -85% | -$4.77M |
|
2903
Denison Mines
DNN
$2.54B
| $1.15M | ﹤0.01% |
652,413
| – | – |
|
2904
Acadia Pharmaceuticals
ACAD
$4.43B
| $1.15M | ﹤0.01% |
36,754
-56,583
| -61% | -$1.35M |
|
2905
Stoke Therapeutics
STOK
$1.8B
| $1.13M | ﹤0.01% |
215,294
-43,128
| -17% | -$184K |
|
|
SPWR
2906
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.13M | ﹤0.01% |
234,248
-73,270
| -24% | -$350K |
|
2907
Noodles & Co
NDLS
$111M
| $1.13M | ﹤0.01% |
44,775
-4,622
| -9% | -$101K |
|
|
GBIO
2908
DELISTED
Generation Bio
GBIO
| $1.13M | ﹤0.01% |
68,310
-7,832
| -10% | -$137K |
|
2909
Quest Resource Holding
QRHC
$26.8M
| $1.13M | ﹤0.01% |
153,709
+8,488
| +6% | +$60.9K |
|
2910
Pioneer Bancorp
PBFS
$432M
| $1.11M | ﹤0.01% |
111,186
+26,965
| +32% | +$235K |
|
|
FNA
2911
DELISTED
Paragon 28, Inc.
FNA
| $1.11M | ﹤0.01% |
89,415
+78,042
| +686% | +$825K |
|
2912
Dutch Bros
BROS
$9.03B
| $1.11M | ﹤0.01% |
35,042
+1,868
| +6% | +$50.9K |
|
2913
Treace Medical Concepts
TMCI
$280M
| $1.11M | ﹤0.01% |
87,024
-189,099
| -68% | -$1.91M |
|
2914
Heritage Global
HGBL
$40.3M
| $1.1M | ﹤0.01% |
396,164
+119,628
| +43% | +$352K |
|
2915
Franklin Financial Services
FRAF
$284M
| $1.1M | ﹤0.01% |
34,847
-474
| -1% | -$14.9K |
|
2916
Century Casinos
CNTY
$34M
| $1.09M | ﹤0.01% |
223,439
+9,537
| +4% | +$44K |
|
|
SCPH
2917
DELISTED
scPharmaceuticals
SCPH
| $1.09M | ﹤0.01% |
173,573
-27,230
| -14% | -$156K |
|
2918
Full House Resorts
FLL
$80.1M
| $1.08M | ﹤0.01% |
201,700
-3,010
| -1% | -$14.1K |
|
2919
Viant Technology
DSP
$236M
| $1.08M | ﹤0.01% |
156,901
+33,269
| +27% | +$200K |
|
2920
Richmond Mutual Bancorp
RMBI
$251M
| $1.08M | ﹤0.01% |
93,556
+7,112
| +8% | +$76.7K |
|
2921
Chicago Rivet & Machine Co
CVR
$10M
| $1.07M | ﹤0.01% |
63,219
| – | – |
|
|
FARM
2922
DELISTED
Farmer Brothers
FARM
| $1.06M | ﹤0.01% |
346,393
-50,943
| -13% | -$139K |
|
|
SSBK
2923
DELISTED
Southern States Bancshares
SSBK
| $1.05M | ﹤0.01% |
35,996
+15,344
| +74% | +$382K |
|
2924
Virginia National Bankshares
VABK
$248M
| $1.05M | ﹤0.01% |
30,595
| – | – |
|
|
TSVT
2925
DELISTED
2seventy bio
TSVT
| $1.05M | ﹤0.01% |
245,615
-35,431
| -13% | -$109K |
|
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.