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 | |
|---|---|---|---|---|---|---|
2326
Vitesse Energy
VTS
$651M
| $9.9M | ﹤0.01% |
452,148
-9,545
| -2% | -$220K |
|
2327
Televisa
TV
$1.48B
| $9.84M | ﹤0.01% |
2,945,736
-52,721
| -2% | -$149K |
|
2328
F&G Annuities & Life
FG
$3.79B
| $9.8M | ﹤0.01% |
213,045
-16
| -0% | -$597 |
|
|
ESSA
2329
DELISTED
ESSA Bancorp
ESSA
| $9.73M | ﹤0.01% |
486,064
| – | – |
|
2330
Cytek Biosciences
CTKB
$545M
| $9.71M | ﹤0.01% |
1,064,333
+153,592
| +17% | +$967K |
|
2331
Cooper-Standard Automotive
CPS
$523M
| $9.71M | ﹤0.01% |
496,648
-27,271
| -5% | -$435K |
|
2332
Commercial Vehicle Group
CVGI
$154M
| $9.69M | ﹤0.01% |
1,382,704
+39,941
| +3% | +$271K |
|
2333
Portillo's
PTLO
$331M
| $9.65M | ﹤0.01% |
605,502
+95,545
| +19% | +$1.48M |
|
|
TDAY
2334
USA Today Co
TDAY
$1.27B
| $9.64M | ﹤0.01% |
4,189,284
+134,998
| +3% | +$301K |
|
2335
DHI Group
DHX
$182M
| $9.63M | ﹤0.01% |
3,718,283
-105,210
| -3% | -$271K |
|
2336
Cogent Biosciences
COGT
$6.65B
| $9.62M | ﹤0.01% |
1,636,834
+57,143
| +4% | +$438K |
|
2337
Wolverine World Wide
WWW
$1.61B
| $9.61M | ﹤0.01% |
1,080,704
-325,295
| -23% | -$2.77M |
|
2338
B&G Foods
BGS
$287M
| $9.54M | ﹤0.01% |
908,344
+227,432
| +33% | +$2.11M |
|
2339
Park Aerospace
PKE
$737M
| $9.54M | ﹤0.01% |
648,717
-1,452
| -0.2% | -$21.7K |
|
2340
WPP
WPP
$4.36B
| $9.54M | ﹤0.01% |
200,404
+14,019
| +8% | +$628K |
|
2341
SIGA Technologies
SIGA
$235M
| $9.51M | ﹤0.01% |
1,698,154
+226,187
| +15% | +$1.21M |
|
|
XRN
2342
Chiron Real Estate Inc
XRN
$514M
| $9.49M | ﹤0.01% |
171,048
-3,661
| -2% | -$177K |
|
2343
The RMR Group
RMR
$325M
| $9.4M | ﹤0.01% |
332,964
-1,992
| -0.6% | -$48.6K |
|
2344
James River Group Holdings
JRVR
$208M
| $9.39M | ﹤0.01% |
1,016,177
-143,350
| -12% | -$1.65M |
|
|
CHCT
2345
Community Healthcare Trust
CHCT
$523M
| $9.37M | ﹤0.01% |
351,643
-718
| -0.2% | -$19.8K |
|
2346
NVE Corp
NVEC
$562M
| $9.35M | ﹤0.01% |
119,258
+232
| +0.2% | +$17.2K |
|
2347
BlackLine
BL
$1.84B
| $9.35M | ﹤0.01% |
149,669
+58,433
| +64% | +$3.3M |
|
2348
Cullinan Oncology
CGEM
$1.01B
| $9.33M | ﹤0.01% |
915,758
+117,042
| +15% | +$1.04M |
|
2349
Riverview Bancorp
RVSB
$107M
| $9.31M | ﹤0.01% |
1,454,830
+14,993
| +1% | +$88.2K |
|
2350
OneSpan
OSPN
$574M
| $9.31M | ﹤0.01% |
868,405
-150,408
| -15% | -$1.48M |
|
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.