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 | |
|---|---|---|---|---|---|---|
2226
SolarEdge
SEDG
$2.51B
| $12.3M | ﹤0.01% |
131,743
-13,978
| -10% | -$1.27M |
|
2227
Bassett Furniture
BSET
$164M
| $12.3M | ﹤0.01% |
738,964
+3,122
| +0.4% | +$49.7K |
|
|
SEI
2228
Solaris Energy Infrastructure
SEI
$3.15B
| $12.3M | ﹤0.01% |
1,540,053
+36,502
| +2% | +$330K |
|
2229
Quad
QUAD
$536M
| $12.3M | ﹤0.01% |
2,260,524
+61,569
| +3% | +$300K |
|
2230
Pitney Bowes
PBI
$2.4B
| $12.2M | ﹤0.01% |
2,779,960
-237,121
| -8% | -$919K |
|
2231
Hudbay
HBM
$10.1B
| $12.2M | ﹤0.01% |
2,214,857
+183,870
| +9% | +$862K |
|
2232
West Fraser Timber
WFG
$5.08B
| $12.2M | ﹤0.01% |
142,668
-16,753
| -11% | -$1.24M |
|
2233
AdaptHealth
AHCO
$1.47B
| $12.1M | ﹤0.01% |
1,666,359
+736,439
| +79% | +$5.81M |
|
|
RAPT
2234
DELISTED
RAPT Therapeutics
RAPT
| $12.1M | ﹤0.01% |
61,036
-12,406
| -17% | -$1.54M |
|
2235
Stratus Properties
STRS
$156M
| $12.1M | ﹤0.01% |
418,688
+2,395
| +0.6% | +$65.2K |
|
|
PDM
2236
Piedmont Realty Trust
PDM
$1.21B
| $12.1M | ﹤0.01% |
1,698,865
-76,927
| -4% | -$464K |
|
|
CWBC
2237
Community West Bancshares
CWBC
$679M
| $12.1M | ﹤0.01% |
540,370
-4,952
| -0.9% | -$86.5K |
|
2238
Warby Parker
WRBY
$3.28B
| $12M | ﹤0.01% |
854,010
+283,259
| +50% | +$3.53M |
|
2239
Gencor Industries
GENC
$209M
| $12M | ﹤0.01% |
745,874
+2,863
| +0.4% | +$42.2K |
|
|
EB
2240
DELISTED
Eventbrite
EB
| $12M | ﹤0.01% |
1,438,720
+214,173
| +17% | +$1.73M |
|
2241
Vita Coco
COCO
$3.82B
| $12M | ﹤0.01% |
468,011
+123,924
| +36% | +$3.36M |
|
2242
BCB Bancorp
BCBP
$173M
| $12M | ﹤0.01% |
934,133
+14,824
| +2% | +$169K |
|
2243
GoodRx Holdings
GDRX
$1.04B
| $12M | ﹤0.01% |
1,791,137
+305,683
| +21% | +$1.72M |
|
2244
Superior Group of Companies
SGC
$185M
| $11.9M | ﹤0.01% |
881,496
-15,997
| -2% | -$167K |
|
|
CSR
2245
Centerspace
CSR
$921M
| $11.9M | ﹤0.01% |
204,396
-10,195
| -5% | -$557K |
|
2246
Teva Pharmaceuticals
TEVA
$40.8B
| $11.9M | ﹤0.01% |
1,138,347
-57,955
| -5% | -$541K |
|
2247
ING
ING
$99.8B
| $11.9M | ﹤0.01% |
789,756
+16,266
| +2% | +$223K |
|
|
PGRE
2248
DELISTED
Paramount Group
PGRE
| $11.8M | ﹤0.01% |
2,290,364
-221,447
| -9% | -$1.05M |
|
2249
Citizens & Northern Corp
CZNC
$456M
| $11.8M | ﹤0.01% |
524,709
+11,484
| +2% | +$226K |
|
2250
Turning Point Brands
TPB
$1.45B
| $11.8M | ﹤0.01% |
446,820
-12,438
| -3% | -$285K |
|
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.