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 | |
|---|---|---|---|---|---|---|
1076
Floor & Decor
FND
$6.13B
| $81.1M | 0.02% |
726,850
+79,210
| +12% | +$7.3M |
|
1077
Kratos Defense & Security Solutions
KTOS
$8.74B
| $81M | 0.02% |
3,990,920
+195,615
| +5% | +$3.59M |
|
1078
Pathward Financial
CASH
$1.86B
| $80.9M | 0.02% |
1,528,223
+9,536
| +0.6% | +$469K |
|
|
GES
1079
DELISTED
Guess Inc
GES
| $80.8M | 0.02% |
3,503,612
+85,562
| +3% | +$1.91M |
|
1080
Wendy's
WEN
$1.4B
| $80.7M | 0.02% |
4,141,024
+63,927
| +2% | +$1.23M |
|
1081
Polaris
PII
$3.82B
| $80.7M | 0.02% |
851,098
+82,779
| +11% | +$7.58M |
|
1082
Estee Lauder
EL
$30.4B
| $80.5M | 0.02% |
550,608
-90,536
| -14% | -$12M |
|
1083
Wyndham Hotels & Resorts
WH
$5.56B
| $80.4M | 0.02% |
999,921
+84,888
| +9% | +$6.39M |
|
1084
Chemours
CC
$2.5B
| $80.3M | 0.02% |
2,547,094
+53,254
| +2% | +$1.45M |
|
1085
DexCom
DXCM
$31.5B
| $80.3M | 0.02% |
647,172
+39,786
| +7% | +$4.06M |
|
1086
IDEX
IEX
$17B
| $80.2M | 0.02% |
369,268
+20,785
| +6% | +$4.19M |
|
1087
Baxter International
BAX
$13.5B
| $80M | 0.02% |
2,070,167
+3,067
| +0.1% | +$108K |
|
1088
NewMarket
NEU
$7.82B
| $80M | 0.02% |
146,589
+1,958
| +1% | +$984K |
|
1089
VeriSign
VRSN
$26.2B
| $80M | 0.02% |
388,400
+2,521
| +0.7% | +$525K |
|
1090
Hawkins
HWKN
$2.67B
| $79.8M | 0.02% |
1,132,962
-12,744
| -1% | -$793K |
|
1091
Nordson
NDSN
$16.6B
| $79.7M | 0.02% |
301,812
-13,215
| -4% | -$3.06M |
|
1092
S&T Bancorp
STBA
$1.84B
| $79.7M | 0.02% |
2,384,380
+30,384
| +1% | +$871K |
|
1093
Standex International
SXI
$3.59B
| $79.7M | 0.02% |
503,107
-49,670
| -9% | -$7.15M |
|
1094
BJs Wholesale Club
BJ
$12.5B
| $79.6M | 0.02% |
1,194,806
+44,472
| +4% | +$3.01M |
|
1095
Quanex
NX
$819M
| $79.5M | 0.02% |
2,601,657
+6,329
| +0.2% | +$187K |
|
1096
Columbia Banking Systems
COLB
$8.84B
| $79.4M | 0.02% |
2,975,877
-2,392,642
| -45% | -$53.2M |
|
1097
SiteOne Landscape Supply
SITE
$4.12B
| $79.3M | 0.02% |
488,130
+42,894
| +10% | +$6.25M |
|
1098
Iridium Communications
IRDM
$5.02B
| $79.3M | 0.02% |
1,927,109
-58,794
| -3% | -$2.33M |
|
1099
Masco
MAS
$14.1B
| $79.1M | 0.02% |
1,181,424
-25,051
| -2% | -$1.46M |
|
1100
Veralto
VLTO
$23B
| $79.1M | 0.02% |
+961,231
| New | +$71.8M |
|
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.