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 | |
|---|---|---|---|---|---|---|
2376
Mistras Group
MG
$484M
| $8.65M | ﹤0.01% |
1,181,471
-6,881
| -0.6% | -$42.2K |
|
2377
eHealth
EHTH
$42.2M
| $8.65M | ﹤0.01% |
991,718
+56,962
| +6% | +$466K |
|
2378
Forum Energy Technologies
FET
$708M
| $8.61M | ﹤0.01% |
388,460
+35,110
| +10% | +$788K |
|
|
SNBR
2379
DELISTED
Sleep Number
SNBR
| $8.61M | ﹤0.01% |
580,439
-87,621
| -13% | -$1.36M |
|
2380
W&T Offshore
WTI
$534M
| $8.59M | ﹤0.01% |
2,634,112
+58,781
| +2% | +$217K |
|
2381
Smith & Nephew
SNN
$13.3B
| $8.59M | ﹤0.01% |
314,625
-50,996
| -14% | -$1.26M |
|
2382
Friedman Industries
FRD
$240M
| $8.55M | ﹤0.01% |
552,968
+1,432
| +0.3% | +$17.8K |
|
|
PDS
2383
Precision Drilling
PDS
$999M
| $8.53M | ﹤0.01% |
157,041
+21,012
| +15% | +$1.21M |
|
2384
Lincoln Educational Services
LINC
$1.33B
| $8.49M | ﹤0.01% |
845,498
+101,084
| +14% | +$922K |
|
|
ITOS
2385
DELISTED
iTeos Therapeutics
ITOS
| $8.47M | ﹤0.01% |
773,143
+72,190
| +10% | +$716K |
|
2386
Stagwell
STGW
$2.07B
| $8.43M | ﹤0.01% |
1,271,908
+96,870
| +8% | +$483K |
|
2387
Samsara
IOT
$21.7B
| $8.43M | ﹤0.01% |
252,511
+27,129
| +12% | +$753K |
|
2388
AstroNova
ALOT
$225M
| $8.41M | ﹤0.01% |
516,983
| – | – |
|
2389
Twin Disc
TWIN
$329M
| $8.4M | ﹤0.01% |
519,729
+7,015
| +1% | +$99.1K |
|
2390
Hawaiian Electric Industries
HE
$2.23B
| $8.33M | ﹤0.01% |
586,972
-11,848
| -2% | -$154K |
|
2391
Eastern Company
EML
$143M
| $8.32M | ﹤0.01% |
377,976
-1,451
| -0.4% | -$27.1K |
|
2392
Graham Corp
GHM
$1.12B
| $8.31M | ﹤0.01% |
438,193
+19,193
| +5% | +$334K |
|
2393
Vanda Pharmaceuticals
VNDA
$307M
| $8.31M | ﹤0.01% |
1,967,985
-196,573
| -9% | -$793K |
|
2394
BlackBerry
BB
$4.98B
| $8.29M | ﹤0.01% |
2,341,560
-1,131,972
| -33% | -$4.25M |
|
|
HRT
2395
DELISTED
HireRight Holdings Corporation
HRT
| $8.29M | ﹤0.01% |
616,159
+101,872
| +20% | +$1.15M |
|
|
CTLP
2396
DELISTED
Cantaloupe
CTLP
| $8.29M | ﹤0.01% |
1,118,223
+86,197
| +8% | +$596K |
|
|
EVRI
2397
DELISTED
Everi Holdings
EVRI
| $8.26M | ﹤0.01% |
733,045
+9,375
| +1% | +$106K |
|
2398
Jakks Pacific
JAKK
$301M
| $8.26M | ﹤0.01% |
232,198
+87,075
| +60% | +$2.25M |
|
2399
ZipRecruiter
ZIP
$321M
| $8.24M | ﹤0.01% |
593,018
+47,555
| +9% | +$588K |
|
2400
Peoples Financial Services
PFIS
$704M
| $8.23M | ﹤0.01% |
169,081
+20,723
| +14% | +$888K |
|
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.