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
|
+$851M |
| 2 |
Apple
AAPL
|
+$663M |
| 3 |
UnitedHealth
UNH
|
+$206M |
| 4 |
Cisco
CSCO
|
+$192M |
| 5 |
Johnson & Johnson
JNJ
|
+$183M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$559M |
| 2 |
Broadcom
AVGO
|
+$224M |
| 3 |
United Rentals
URI
|
+$189M |
| 4 |
CRH
CRH
|
+$177M |
| 5 |
Pfizer
PFE
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.61% |
| 2 | Financials | 17.11% |
| 3 | Industrials | 13.24% |
| 4 | Consumer Discretionary | 11.1% |
| 5 | Healthcare | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Graphic Packaging
GPK
$3.17B
| $166M | 0.05% |
5,692,021
-38,404
| -0.7% | -$1M |
|
552
ICF International
ICFI
$1.46B
| $166M | 0.05% |
1,102,422
-15,005
| -1% | -$2.17M |
|
553
Hecla Mining
HL
$9.47B
| $166M | 0.04% |
34,497,931
-421,515
| -1% | -$1.68M |
|
554
Constellation Energy
CEG
$93.5B
| $166M | 0.04% |
896,805
-95,759
| -10% | -$13.6M |
|
555
Trinity Industries
TRN
$2.55B
| $165M | 0.04% |
5,936,996
-121,178
| -2% | -$3.12M |
|
556
Murphy USA
MUSA
$11.3B
| $165M | 0.04% |
394,259
-101,451
| -20% | -$39.7M |
|
557
Adient
ADNT
$1.6B
| $165M | 0.04% |
5,016,728
-674
| -0% | -$22.9K |
|
558
Navient
NAVI
$789M
| $165M | 0.04% |
9,468,183
-515,111
| -5% | -$8.68M |
|
559
Markel Group
MKL
$23.4B
| $165M | 0.04% |
108,246
+7,907
| +8% | +$11.6M |
|
560
Avient
AVNT
$3.35B
| $164M | 0.04% |
3,787,035
+348,644
| +10% | +$13.6M |
|
561
Cavco Industries
CVCO
$4.34B
| $164M | 0.04% |
411,637
+3,193
| +0.8% | +$1.13M |
|
562
Fabrinet
FN
$15.8B
| $164M | 0.04% |
868,909
-108,550
| -11% | -$21.8M |
|
563
Agnico Eagle Mines
AEM
$73.7B
| $164M | 0.04% |
2,753,065
+7,642
| +0.3% | +$391K |
|
564
Louisiana-Pacific
LPX
$5.05B
| $164M | 0.04% |
1,956,113
-218,476
| -10% | -$15.7M |
|
565
WaFd
WAFD
$2.7B
| $164M | 0.04% |
5,652,378
+390,601
| +7% | +$11.3M |
|
|
ODP
566
DELISTED
ODP
ODP
| $164M | 0.04% |
3,086,687
-66,854
| -2% | -$3.49M |
|
567
Acuity Brands
AYI
$9.98B
| $164M | 0.04% |
609,061
-16,016
| -3% | -$3.88M |
|
568
Patrick Industries
PATK
$2.76B
| $164M | 0.04% |
2,054,613
-110,207
| -5% | -$7.91M |
|
569
Arista Networks
ANET
$225B
| $163M | 0.04% |
2,254,960
-114,404
| -5% | -$7.72M |
|
570
Marriott International
MAR
$98.6B
| $163M | 0.04% |
646,608
-218,600
| -25% | -$52.9M |
|
571
Equity Lifestyle Properties
ELS
$12.7B
| $163M | 0.04% |
2,527,841
-32,124
| -1% | -$2.15M |
|
572
Tronox
TROX
$943M
| $163M | 0.04% |
9,376,327
+127,963
| +1% | +$1.86M |
|
573
Xerox
XRX
$395M
| $163M | 0.04% |
9,087,905
+32,967
| +0.4% | +$579K |
|
574
NetApp
NTAP
$34.9B
| $162M | 0.04% |
1,540,626
+20,926
| +1% | +$1.94M |
|
575
KeyCorp
KEY
$24.3B
| $161M | 0.04% |
10,208,514
-76,399
| -0.7% | -$1.1M |
|
Similar funds
Dimensional Fund Advisors's Q1 2024 Portfolio in Review
As of Q1 2024, Dimensional Fund Advisors held 3,470 positions worth $369B, up 7.9% from $342B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 58 new positions and exited 83, leaving the 3,470-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q1 2024 buy was Arcadium Lithium plc: 8,775,487 shares worth $37.8M.
- Dimensional Fund Advisors added most to NVIDIA in Q1 2024, an estimated $851M increase.
- Dimensional Fund Advisors's biggest Q1 2024 reduction was Meta Platforms (Facebook), cutting an estimated $559M.
- Dimensional Fund Advisors fully exited Textainer Group Holdings limited in Q1 2024, selling an estimated $161M.
- Dimensional Fund Advisors's ten largest holdings make up 13% of its $369B portfolio in Q1 2024.
- Dimensional Fund Advisors opened 58 new positions and closed 83 in Q1 2024.
- Dimensional Fund Advisors's portfolio value rose 7.9% quarter-over-quarter to $369B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2024, filed 10 May 2024.