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 | |
|---|---|---|---|---|---|---|
|
GDEN
2926
DELISTED
Golden Entertainment
GDEN
| $1.05M | ﹤0.01% |
+26,246
| New | +$951K |
|
2927
Diebold Nixdorf
DBD
$2.5B
| $1.05M | ﹤0.01% |
+36,162
| New | +$824K |
|
|
DOYU
2928
DouYu International Holdings
DOYU
$139M
| $1.04M | ﹤0.01% |
109,753
-1,996
| -2% | -$17.2K |
|
|
HLVX
2929
DELISTED
HilleVax
HLVX
| $1.04M | ﹤0.01% |
+64,565
| New | +$858K |
|
2930
Gran Tierra Energy
GTE
$265M
| $1.03M | ﹤0.01% |
183,391
+114,790
| +167% | +$714K |
|
2931
Ceragon Networks
CRNT
$197M
| $1.03M | ﹤0.01% |
475,832
-21,364
| -4% | -$39.2K |
|
2932
Upstart Holdings
UPST
$2.63B
| $1.02M | ﹤0.01% |
25,015
+389
| +2% | +$11.8K |
|
2933
Network-1 Technologies
NTIP
$37M
| $1.02M | ﹤0.01% |
466,887
+7,572
| +2% | +$16.5K |
|
|
ENZ
2934
DELISTED
Enzo Biochem, Inc.
ENZ
| $1.01M | ﹤0.01% |
729,682
-113,404
| -13% | -$150K |
|
2935
Pro-Dex
PDEX
$187M
| $1.01M | ﹤0.01% |
58,299
+424
| +0.7% | +$7.09K |
|
2936
Reading International Class A
RDI
$33.2M
| $1.01M | ﹤0.01% |
529,139
-9,116
| -2% | -$17.4K |
|
2937
Outset Medical
OM
$84.7M
| $1.01M | ﹤0.01% |
12,441
-1,627
| -12% | -$132K |
|
|
FGH
2938
DELISTED
FG Group Holdings Inc.
FGH
| $1M | ﹤0.01% |
682,374
-16,786
| -2% | -$24K |
|
2939
Ecopetrol
EC
$34.5B
| $999K | ﹤0.01% |
83,828
| – | – |
|
2940
Barnes & Noble Education
BNED
$431M
| $957K | ﹤0.01% |
6,425
-2,962
| -32% | -$329K |
|
|
ACCS
2941
ACCESS Newswire
ACCS
$25.6M
| $945K | ﹤0.01% |
52,101
-2,053
| -4% | -$33.9K |
|
2942
Live Ventures
LIVE
$29.8M
| $929K | ﹤0.01% |
36,574
+5,936
| +19% | +$157K |
|
2943
Itaú Unibanco
ITUB
$93.2B
| $925K | ﹤0.01% |
150,784
-2,520
| -2% | -$13.4K |
|
|
TIXT
2944
DELISTED
TELUS International
TIXT
| $921K | ﹤0.01% |
107,303
-51,899
| -33% | -$377K |
|
2945
Apyx Medical
APYX
$173M
| $915K | ﹤0.01% |
349,193
+27,867
| +9% | +$67.5K |
|
|
ALEX
2946
DELISTED
Alexander & Baldwin
ALEX
| $915K | ﹤0.01% |
48,048
+89
| +0.2% | +$1.5K |
|
2947
Larimar Therapeutics
LRMR
$397M
| $888K | ﹤0.01% |
195,188
-29,038
| -13% | -$98K |
|
2948
Dakota Gold
DC
$608M
| $887K | ﹤0.01% |
338,449
+87,020
| +35% | +$234K |
|
2949
Canterbury Park Holding Corp
CPHC
$78.8M
| $884K | ﹤0.01% |
43,225
| – | – |
|
2950
SIFCO Industries
SIF
$161M
| $873K | ﹤0.01% |
192,377
-800
| -0.4% | -$3.37K |
|
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.