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 | |
|---|---|---|---|---|---|---|
1351
Bio-Techne
TECH
$11.2B
| $56.6M | 0.02% |
734,105
+118,534
| +19% | +$7.81M |
|
|
HIBB
1352
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $56.6M | 0.02% |
785,299
+10,226
| +1% | +$573K |
|
1353
Box
BOX
$4.37B
| $56.5M | 0.02% |
2,207,010
+47,220
| +2% | +$1.19M |
|
1354
Sylvamo
SLVM
$1.49B
| $56.4M | 0.02% |
1,148,534
+79,778
| +7% | +$3.73M |
|
1355
Domino's
DPZ
$11.5B
| $56.4M | 0.02% |
136,792
+68
| +0% | +$25.5K |
|
|
DVAX
1356
DELISTED
Dynavax Technologies
DVAX
| $56.4M | 0.02% |
4,032,139
+293,337
| +8% | +$4.07M |
|
1357
Safety Insurance
SAFT
$1.52B
| $56.3M | 0.02% |
741,540
-832
| -0.1% | -$62.8K |
|
1358
John Wiley & Sons Class A
WLY
$2.65B
| $56.2M | 0.02% |
1,769,196
-10,523
| -0.6% | -$329K |
|
1359
Crane NXT
CXT
$2.99B
| $55.9M | 0.02% |
983,351
+85,876
| +10% | +$4.56M |
|
1360
CVR Energy
CVI
$3.58B
| $55.8M | 0.02% |
1,842,818
+103,235
| +6% | +$3.26M |
|
1361
Texas Pacific Land
TPL
$27.8B
| $55.8M | 0.02% |
319,320
+35,127
| +12% | +$6.68M |
|
1362
Fox Factory Holding Corp
FOXF
$755M
| $55.5M | 0.02% |
821,862
+12,474
| +2% | +$910K |
|
1363
UiPath
PATH
$6.61B
| $55.5M | 0.02% |
2,232,060
+232,700
| +12% | +$4.54M |
|
|
KE
1364
Kimball Electronics
KE
$595M
| $55.4M | 0.02% |
2,054,359
+4,714
| +0.2% | +$122K |
|
1365
Vail Resorts
MTN
$5.32B
| $55.3M | 0.02% |
259,239
+6,336
| +3% | +$1.39M |
|
1366
Albertsons Companies
ACI
$5.62B
| $55.3M | 0.02% |
2,404,574
+692,188
| +40% | +$15.3M |
|
1367
Tencent Music
TME
$15.5B
| $55.1M | 0.02% |
6,125,931
-747,565
| -11% | -$5.78M |
|
1368
Papa John's
PZZA
$984M
| $55.1M | 0.02% |
723,329
+12,949
| +2% | +$881K |
|
1369
Workday
WDAY
$39.6B
| $55M | 0.02% |
199,304
+3,231
| +2% | +$769K |
|
1370
Alpha and Omega Semiconductor
AOSL
$950M
| $55M | 0.02% |
2,110,391
+1,671
| +0.1% | +$41.3K |
|
1371
Cogent Communications
CCOI
$676M
| $55M | 0.02% |
722,631
-292,501
| -29% | -$19.5M |
|
1372
MGE Energy Inc
MGEE
$3B
| $54.9M | 0.02% |
759,044
+7,085
| +0.9% | +$513K |
|
1373
National Beverage
FIZZ
$2.96B
| $54.8M | 0.02% |
1,101,778
+39,985
| +4% | +$1.91M |
|
1374
Malibu Boats
MBUU
$541M
| $54.8M | 0.02% |
998,994
+38,450
| +4% | +$1.84M |
|
1375
OceanFirst Financial
OCFC
$1.68B
| $54.7M | 0.02% |
3,152,468
+6,367
| +0.2% | +$92.8K |
|
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.