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 | |
|---|---|---|---|---|---|---|
2976
Smith-Midland
SMID
$146M
| $778K | ﹤0.01% |
19,702
+3,416
| +21% | +$91.7K |
|
|
CLPR
2977
Clipper Realty
CLPR
$43.8M
| $771K | ﹤0.01% |
142,849
+9,077
| +7% | +$45.5K |
|
2978
1stdibs.com
DIBS
$147M
| $765K | ﹤0.01% |
163,531
-18,828
| -10% | -$79.4K |
|
|
NINE
2979
DELISTED
Nine Energy Service
NINE
| $765K | ﹤0.01% |
285,421
-36,804
| -11% | -$106K |
|
2980
Broadwind
BWEN
$95.5M
| $755K | ﹤0.01% |
272,638
+30,877
| +13% | +$81.6K |
|
2981
Bausch + Lomb
BLCO
$5.95B
| $750K | ﹤0.01% |
43,977
+7
| +0% | +$113 |
|
2982
Actinium Pharmaceuticals
ATNM
$26.5M
| $749K | ﹤0.01% |
147,437
-15,332
| -9% | -$79K |
|
|
QVCGA
2983
DELISTED
QVC Group Inc Series A
QVCGA
| $746K | ﹤0.01% |
17,019
-2,076
| -11% | -$71.2K |
|
2984
UWM Holdings
UWMC
$611M
| $731K | ﹤0.01% |
102,217
+43,716
| +75% | +$247K |
|
|
JOYY
2985
JOYY Inc
JOYY
$3.7B
| $723K | ﹤0.01% |
18,221
| – | – |
|
2986
FinWise Bancorp
FINW
$187M
| $717K | ﹤0.01% |
50,139
+14,423
| +40% | +$154K |
|
|
SVT
2987
DELISTED
Servotronics
SVT
| $717K | ﹤0.01% |
57,335
| – | – |
|
|
CCRD
2988
DELISTED
CoreCard
CCRD
| $713K | ﹤0.01% |
51,561
-1,577
| -3% | -$26.4K |
|
2989
Ramaco Resources Class B
METCB
$434M
| $711K | ﹤0.01% |
57,604
-1
| -0% | -$12 |
|
|
CALB
2990
DELISTED
California BanCorp Common Stock
CALB
| $702K | ﹤0.01% |
28,351
+4,065
| +17% | +$90.2K |
|
|
FNCB
2991
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $694K | ﹤0.01% |
102,330
+15,313
| +18% | +$93.4K |
|
2992
EyePoint Inc
EYPT
$1.03B
| $684K | ﹤0.01% |
29,610
-20,511
| -41% | -$229K |
|
2993
Savara
SVRA
$1.12B
| $683K | ﹤0.01% |
145,275
-18,871
| -11% | -$72.3K |
|
2994
LivePerson
LPSN
$22M
| $677K | ﹤0.01% |
+11,909
| New | +$548K |
|
2995
Rafael Holdings
RFL
$101M
| $672K | ﹤0.01% |
372,579
-5,446
| -1% | -$9.62K |
|
2996
SkyWater Technology
SKYT
$1.6B
| $672K | ﹤0.01% |
69,889
| – | – |
|
2997
SK Telecom
SKM
$12.2B
| $672K | ﹤0.01% |
31,394
+1,539
| +5% | +$32.6K |
|
|
ALLK
2998
DELISTED
Allakos
ALLK
| $661K | ﹤0.01% |
241,950
-270,419
| -53% | -$609K |
|
2999
RF Industries
RFIL
$137M
| $659K | ﹤0.01% |
216,697
| – | – |
|
3000
C4 Therapeutics
CCCC
$390M
| $654K | ﹤0.01% |
115,508
-67,117
| -37% | -$153K |
|
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.