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 | |
|---|---|---|---|---|---|---|
|
BRSL
1876
Brightstar Lottery PLC
BRSL
$1.84B
| $25.1M | 0.01% |
914,820
-1,461
| -0.2% | -$40.9K |
|
1877
Capital City Bank Group
CCBG
$888M
| $25M | 0.01% |
850,987
+8,266
| +1% | +$240K |
|
|
GTLS
1878
DELISTED
Chart Industries
GTLS
| $24.9M | 0.01% |
182,649
-423,666
| -70% | -$57.3M |
|
1879
Tradeweb Markets
TW
$21.4B
| $24.8M | 0.01% |
273,274
+42,250
| +18% | +$3.77M |
|
|
HCP
1880
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $24.8M | 0.01% |
1,049,009
+92,586
| +10% | +$2.01M |
|
|
MRTX
1881
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $24.8M | 0.01% |
422,059
-229,663
| -35% | -$12.9M |
|
1882
Hackett Group
HCKT
$270M
| $24.7M | 0.01% |
1,085,621
-23,506
| -2% | -$533K |
|
1883
Sinclair Inc
SBGI
$992M
| $24.6M | 0.01% |
1,889,863
+78,793
| +4% | +$967K |
|
1884
PAR Technology
PAR
$699M
| $24.6M | 0.01% |
565,043
+47,405
| +9% | +$1.78M |
|
1885
Central Pacific Financial
CPF
$1.02B
| $24.6M | 0.01% |
1,248,059
+112,105
| +10% | +$1.96M |
|
|
JKS
1886
JinkoSolar
JKS
$793M
| $24.4M | 0.01% |
661,563
+92,737
| +16% | +$2.99M |
|
1887
Repay Holdings
RPAY
$331M
| $24.3M | 0.01% |
2,850,841
+678,403
| +31% | +$4.78M |
|
1888
Allegro MicroSystems
ALGM
$7.73B
| $24.3M | 0.01% |
802,417
+196,315
| +32% | +$5.61M |
|
1889
Editas Medicine
EDIT
$396M
| $24.2M | 0.01% |
2,392,396
+690,366
| +41% | +$6.06M |
|
1890
Nabors Industries
NBR
$1.27B
| $24.1M | 0.01% |
295,256
+13,324
| +5% | +$1.29M |
|
1891
Willis Lease Finance
WLFC
$1.7B
| $24.1M | 0.01% |
1,478,811
-6,087
| -0.4% | -$90.5K |
|
1892
Olema Pharmaceuticals
OLMA
$1B
| $24.1M | 0.01% |
1,715,420
+21,420
| +1% | +$288K |
|
|
ROIC
1893
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $24M | 0.01% |
1,713,539
-38,216
| -2% | -$481K |
|
1894
Denali Therapeutics
DNLI
$3.65B
| $24M | 0.01% |
1,119,628
+146,394
| +15% | +$2.9M |
|
1895
QuinStreet
QNST
$890M
| $23.9M | 0.01% |
1,866,930
+114,980
| +7% | +$1.3M |
|
1896
Harmony Biosciences
HRMY
$2.04B
| $23.8M | 0.01% |
736,268
-48,176
| -6% | -$1.34M |
|
1897
Cloudflare
NET
$99B
| $23.8M | 0.01% |
285,604
+21,447
| +8% | +$1.5M |
|
1898
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $23.8M | 0.01% |
135,691
-54
| -0% | -$7.73K |
|
|
BWIN
1899
Baldwin Insurance Group
BWIN
$2.69B
| $23.8M | 0.01% |
988,830
+162,347
| +20% | +$3.45M |
|
1900
Bar Harbor Bankshares
BHB
$665M
| $23.7M | 0.01% |
807,635
+21,856
| +3% | +$573K |
|
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.