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 | |
|---|---|---|---|---|---|---|
2301
Adaptive Biotechnologies
ADPT
$3.59B
| $10.5M | ﹤0.01% |
2,138,191
-152,986
| -7% | -$698K |
|
2302
Sabre
SABR
$731M
| $10.5M | ﹤0.01% |
2,378,708
+2,002,318
| +532% | +$7.73M |
|
|
AMPS
2303
DELISTED
Altus Power
AMPS
| $10.4M | ﹤0.01% |
1,529,144
+1,196,891
| +360% | +$6.48M |
|
2304
Banco Santander Chile
BSAC
$16.3B
| $10.4M | ﹤0.01% |
534,272
+25,466
| +5% | +$472K |
|
2305
Amplify Energy
AMPY
$161M
| $10.4M | ﹤0.01% |
1,752,004
+342,482
| +24% | +$2.21M |
|
2306
First Internet Bancorp
INBK
$257M
| $10.4M | ﹤0.01% |
429,382
+11,806
| +3% | +$228K |
|
2307
Dimensional Global Sustainability Fixed Income ETF
DFSB
$716M
| $10.4M | ﹤0.01% |
200,000
| – | – |
|
2308
Nurix Therapeutics
NRIX
$2.41B
| $10.3M | ﹤0.01% |
1,000,044
+42,001
| +4% | +$288K |
|
2309
Harvard Bioscience
HBIO
$27.5M
| $10.3M | ﹤0.01% |
192,564
-833
| -0.4% | -$37.6K |
|
2310
Vera Bradley
VRA
$97M
| $10.3M | ﹤0.01% |
1,337,188
+20,098
| +2% | +$146K |
|
2311
Digital Turbine
APPS
$975M
| $10.2M | ﹤0.01% |
1,491,804
-405,841
| -21% | -$2.27M |
|
2312
JD.com
JD
$44.6B
| $10.2M | ﹤0.01% |
352,238
-2,365
| -0.7% | -$64.1K |
|
|
FARO
2313
DELISTED
Faro Technologies
FARO
| $10.2M | ﹤0.01% |
450,744
+70,810
| +19% | +$1.21M |
|
|
FFNW
2314
DELISTED
First Financial Northwest, Inc
FFNW
| $10.1M | ﹤0.01% |
752,529
-169
| -0% | -$2.02K |
|
2315
i3 Verticals
IIIV
$412M
| $10.1M | ﹤0.01% |
475,173
-9,156
| -2% | -$184K |
|
2316
BioLife Solutions
BLFS
$1.53B
| $10M | ﹤0.01% |
618,128
+59,522
| +11% | +$759K |
|
2317
Tenaris
TS
$28.9B
| $10M | ﹤0.01% |
288,493
+2,450
| +0.9% | +$82.1K |
|
2318
iRadimed
IRMD
$1.16B
| $10M | ﹤0.01% |
211,071
+2,221
| +1% | +$93.4K |
|
2319
Artesian Resources
ARTNA
$355M
| $10M | ﹤0.01% |
241,255
+1,206
| +0.5% | +$50.4K |
|
|
LSEA
2320
DELISTED
Landsea Homes
LSEA
| $9.99M | ﹤0.01% |
760,163
+332,974
| +78% | +$3.22M |
|
2321
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $9.98M | ﹤0.01% |
233,335
-72
| -0% | -$2.88K |
|
|
CVLY
2322
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $9.96M | ﹤0.01% |
387,407
+2,607
| +0.7% | +$54.4K |
|
2323
Hurco Companies Inc
HURC
$135M
| $9.94M | ﹤0.01% |
461,693
+4,459
| +1% | +$92.8K |
|
2324
Consensus Cloud Solutions
CCSI
$670M
| $9.94M | ﹤0.01% |
379,069
-9,450
| -2% | -$222K |
|
|
INN
2325
Summit Hotel Properties
INN
$746M
| $9.91M | ﹤0.01% |
1,475,256
-48,201
| -3% | -$297K |
|
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.