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 | |
|---|---|---|---|---|---|---|
1851
Green Dot
GDOT
$743M
| $26M | 0.01% |
2,627,599
+6,277
| +0.2% | +$65.4K |
|
1852
Vericel Corp
VCEL
$2.35B
| $26M | 0.01% |
730,426
+8,080
| +1% | +$281K |
|
1853
British American Tobacco
BTI
$131B
| $26M | 0.01% |
887,911
+37,359
| +4% | +$1.14M |
|
1854
Aegon
AEG
$14B
| $26M | 0.01% |
+4,507,076
| New | +$23.4M |
|
|
PYCR
1855
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $25.9M | 0.01% |
1,201,807
+422,785
| +54% | +$9.18M |
|
1856
RLJ Lodging Trust
RLJ
$1.86B
| $25.9M | 0.01% |
2,211,023
-85,508
| -4% | -$888K |
|
1857
National Presto Industries
NPK
$870M
| $25.9M | 0.01% |
322,275
+9,534
| +3% | +$733K |
|
1858
FirstService
FSV
$6.48B
| $25.7M | 0.01% |
158,577
+2,106
| +1% | +$318K |
|
|
HBI
1859
DELISTED
Hanesbrands
HBI
| $25.6M | 0.01% |
5,749,433
+632,865
| +12% | +$2.58M |
|
1860
Equity Bancshares
EQBK
$1.04B
| $25.6M | 0.01% |
754,999
+30,253
| +4% | +$829K |
|
1861
Universal Insurance Holdings
UVE
$1.22B
| $25.5M | 0.01% |
1,598,720
-57,958
| -3% | -$902K |
|
1862
Donegal Group Class A
DGICA
$731M
| $25.5M | 0.01% |
1,825,664
+53,632
| +3% | +$765K |
|
1863
1-800-Flowers.com
FLWS
$250M
| $25.5M | 0.01% |
2,367,496
+38,529
| +2% | +$330K |
|
1864
Independent Bank Corp
IBCP
$787M
| $25.4M | 0.01% |
977,832
+13,962
| +1% | +$298K |
|
1865
Limbach Holdings
LMB
$855M
| $25.4M | 0.01% |
559,175
+2,769
| +0.5% | +$99.5K |
|
1866
MKS Inc
MKSI
$20.1B
| $25.4M | 0.01% |
246,807
-16,935
| -6% | -$1.38M |
|
1867
Seneca Foods Class A
SENEA
$1.12B
| $25.4M | 0.01% |
484,143
-10,613
| -2% | -$556K |
|
|
ERF
1868
DELISTED
Enerplus Corporation
ERF
| $25.4M | 0.01% |
1,654,774
+5,121
| +0.3% | +$83.1K |
|
1869
PubMatic
PUBM
$585M
| $25.4M | 0.01% |
1,555,199
+228,190
| +17% | +$3.31M |
|
1870
RB Global
RBA
$20.4B
| $25.2M | 0.01% |
377,374
-13,139
| -3% | -$844K |
|
|
DCPH
1871
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $25.2M | 0.01% |
1,561,654
+92,410
| +6% | +$1.18M |
|
1872
Genesco
GCO
$425M
| $25.2M | 0.01% |
715,076
+33,157
| +5% | +$1.02M |
|
1873
NRC Health Common Stock
NRC
$432M
| $25.2M | 0.01% |
636,402
+7,531
| +1% | +$315K |
|
1874
Oil-Dri
ODC
$1.44B
| $25.2M | 0.01% |
750,094
+1,560
| +0.2% | +$47.3K |
|
1875
Washington Trust Bancorp
WASH
$743M
| $25.1M | 0.01% |
774,705
+68,930
| +10% | +$1.88M |
|
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.