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 | |
|---|---|---|---|---|---|---|
2426
Saga Communications
SGA
$57M
| $7.71M | ﹤0.01% |
346,461
+10,323
| +3% | +$217K |
|
|
TTSH
2427
DELISTED
Tile Shop Holdings
TTSH
| $7.69M | ﹤0.01% |
1,044,717
+54,688
| +6% | +$329K |
|
2428
Lifetime Brands
LCUT
$191M
| $7.66M | ﹤0.01% |
1,141,319
+4,781
| +0.4% | +$28K |
|
2429
Cadre Holdings
CDRE
$1.32B
| $7.65M | ﹤0.01% |
232,466
+107,099
| +85% | +$3.24M |
|
|
OPTU
2430
Optimum Communications Inc
OPTU
$298M
| $7.64M | ﹤0.01% |
2,349,660
+273,575
| +13% | +$716K |
|
2431
American Superconductor
AMSC
$1.42B
| $7.62M | ﹤0.01% |
683,698
-8,395
| -1% | -$71K |
|
2432
Flexsteel Industries
FLXS
$302M
| $7.6M | ﹤0.01% |
403,395
-13,982
| -3% | -$261K |
|
2433
PCB Bancorp
PCB
$392M
| $7.6M | ﹤0.01% |
412,173
+32,672
| +9% | +$528K |
|
2434
Ranpak Holdings
PACK
$439M
| $7.6M | ﹤0.01% |
1,304,938
+388,322
| +42% | +$1.64M |
|
|
USAP
2435
DELISTED
Universal Stainless & Alloy
USAP
| $7.57M | ﹤0.01% |
376,799
+702
| +0.2% | +$10.6K |
|
2436
HBT Financial
HBT
$1.3B
| $7.54M | ﹤0.01% |
357,352
+48,614
| +16% | +$934K |
|
|
BVH
2437
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $7.48M | ﹤0.01% |
99,635
+801
| +0.8% | +$46.7K |
|
2438
Evolution Petroleum
EPM
$132M
| $7.48M | ﹤0.01% |
1,288,175
+32,898
| +3% | +$201K |
|
|
CLDT
2439
Chatham Lodging
CLDT
$622M
| $7.48M | ﹤0.01% |
697,429
+7,949
| +1% | +$79.4K |
|
|
AE
2440
DELISTED
Adams Resources & Energy Inc
AE
| $7.47M | ﹤0.01% |
285,433
-8,793
| -3% | -$259K |
|
|
FINV
2441
FinVolution Group
FINV
$1.15B
| $7.43M | ﹤0.01% |
1,515,260
+44,550
| +3% | +$212K |
|
2442
LegalZoom.com
LZ
$1.35B
| $7.42M | ﹤0.01% |
656,751
+192,394
| +41% | +$2.09M |
|
2443
Frequency Electronics
FEIM
$635M
| $7.42M | ﹤0.01% |
677,594
-1,729
| -0.3% | -$14.9K |
|
|
BPMC
2444
DELISTED
Blueprint Medicines
BPMC
| $7.38M | ﹤0.01% |
79,979
-91,684
| -53% | -$5.94M |
|
|
ALX
2445
Alexander's
ALX
$1.3B
| $7.34M | ﹤0.01% |
34,367
-2,022
| -6% | -$383K |
|
|
MPX
2446
DELISTED
Marine Products Corp
MPX
| $7.34M | ﹤0.01% |
643,702
+1,442
| +0.2% | +$16.3K |
|
2447
Marathon Digital Holdings
MARA
$4.32B
| $7.34M | ﹤0.01% |
312,262
+273
| +0.1% | +$3.45K |
|
|
LUNA
2448
DELISTED
Luna Innovations Incorporated
LUNA
| $7.3M | ﹤0.01% |
1,098,182
+64,487
| +6% | +$398K |
|
|
NVEI
2449
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $7.3M | ﹤0.01% |
277,986
+30,365
| +12% | +$583K |
|
|
GOOD
2450
Gladstone Commercial Corp
GOOD
$605M
| $7.2M | ﹤0.01% |
543,958
-13,310
| -2% | -$167K |
|
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.