Index Fund Advisors, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Index Fund Advisors, Inc. reported 96 stock positions worth $1.8 billion. Its top holding was Dimensional US Small Cap ETF (DFAS) at 23.4% of the portfolio, followed by Dimensional US Target Value (DFAT, 23.2%) and Dimensional US Eq MKT ETF (DFUS, 18.9%). Compared with Q4 2023, it opened 8 new positions, sold out of 2, added to 48 and reduced 25. The biggest buy was Dim US Large Cap Value ETF (DFLV, shares +14%) and the biggest sale Dimensional US Target Value (DFAT, shares −1%).

Most Recent 13F
Q2 2026
Location
IRVINE, CA
CIK
0001665097
Portfolio Value
$1.8B (Q1 2024)
SEC Filing
0001665097-24-000004 ↗ filed May 13, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.8B $1.8B Q1 2024 Q2 2024: $1.8B Q2 2024 Q3 2024: $1.9B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $1.6B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $2.2B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 96 stocks · $1.8B
DFAS Dimensional US Small Cap ETF 23.39% 6,795,372 $423.6M Reduce -0.4%
DFAT Dimensional US Target Value 23.24% 7,732,381 $420.9M Reduce -1.4%
DFUS Dimensional US Eq MKT ETF 18.86% 5,994,170 $341.5M Reduce -0.4%
DFUV Dimensional US Marketwide Va 15.11% 6,690,245 $273.6M Reduce -1.5%
DFIV Dimensional International Va 7.40% 3,645,703 $134.0M Reduce -1.3%
DFSV Dimensional US Small Cap Val 2.35% 1,411,588 $42.5M Add +8.0%
DFLV Dim US Large Cap Value ETF 1.14% 688,098 $20.6M Add +13.6%
BND Vanguard Total Bond Market 1.11% 277,860 $20.2M Add +2.2%
DFGR Dim Global Real Estate ETF 0.76% 536,320 $13.7M Add +14.8%
AAPL Apple Inc. 0.57% 60,022 $10.3M Add +0.5%
DFIS Dimensional International SM 0.48% 344,862 $8.6M Add +19.5%
DISV Dimensional International SM 0.45% 296,532 $8.1M Add +15.1%
DFAE Dimensional Emerging Core Eq 0.43% 313,585 $7.8M Add +13.2%
IVV iShares Core S&P 500 ETF 0.33% 11,340 $6.0M Add +0.6%
VB Vanguard Most SM-Cap ETF-Usd 0.27% 21,573 $4.9M Add +0.1%
DFEV Dimensional Emrg MRKT Val 0.25% 176,306 $4.6M Add +21.7%
VTI VG Morningstar TS MKT ETF-US 0.23% 15,765 $4.1M Add +0.2%
SHO Sunstone Hotel Investors Inc. 0.21% 346,482 $3.9M No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.21% 19,689 $3.8M Add +0.4%
AVGE Avantis All Eqty Mrkts ETF 0.20% 52,908 $3.7M Add +18.1%
DFAC Dimensional US Core Equity 2 0.19% 105,926 $3.4M Reduce -0.2%
AMZN Amazon.com Inc. 0.14% 14,220 $2.6M Add +2.3%
MSFT Microsoft Corp. 0.13% 5,793 $2.4M Add +15.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.12% 8,839 $2.2M Add +0.1%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.11% 12,766 $2.0M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.11% 3,736 $2.0M Add +0.3%
VOO Vanguard S&P 500 ETF 0.10% 3,920 $1.9M Add +103.6%
AVIG Avantis Core Fixed Income 0.10% 43,975 $1.8M Add +12.9%
SDY SS SPDR S&P Dividend ETF 0.09% 12,241 $1.6M No change
SPYV SS SPDR P S&P 500 Value ETF 0.09% 31,944 $1.6M Reduce -0.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 9,507 $1.5M Reduce -0.2%
SPHY SS SPDR P High Yield ETF 0.07% 52,989 $1.2M Add +23.8%
IJR iShares Core S&P Small-Cap E 0.07% 10,911 $1.2M Reduce -0.7%
ITOT iShares Core S&P Total U.S. 0.06% 10,044 $1.2M Reduce -1.3%
DFSD Dimensional Short Duration 0.06% 22,132 $1.0M Add +0.4%
VGT Vanguard Info Tech ETF 0.05% 1,852 $971K New
VEU Vanguard Ftse All-World Ex-U 0.05% 16,450 $965K Add +0.9%
VT Vanguard Tot World STK ETF 0.05% 8,259 $913K Reduce -1.2%
SCHA Schwab US Small-Cap ETF 0.05% 17,397 $857K Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.05% 1,955 $822K Add +5.5%
SCHC Schwab Intl Small-Cap Equity 0.04% 22,558 $808K Reduce -0.5%
BIV Vanguard Intermediate-Term B 0.04% 10,297 $776K Reduce -30.4%
VNQ Vanguard Real Estate ETF 0.04% 8,740 $756K Reduce -0.3%
IVLU iShares MSCI International V 0.04% 25,881 $731K Add +1.1%
IJS iShares S&P Small-Cap 600 Va 0.04% 6,863 $705K Reduce -1.2%
AVSF Avantis Short-Term Fixed Inc. 0.04% 14,346 $664K Add +1.9%
BRK.A Berkshire Hathaway Inc. Class A 0.04% 1 $634K No change
SCHW Schwab (charles) Corp. 0.03% 8,704 $630K Add +12.4%
SCZ iShares MSCI Eafe Small-Cap 0.03% 9,832 $623K Add +0.9%
NVDA Nvidia Corp. 0.03% 681 $615K Add +44.3%
IEMG iShares Core MSCI Emerging 0.03% 11,849 $611K Reduce -3.3%
ISCF iShares International Small 0.03% 18,267 $602K Reduce -2.8%
GOOGL Alphabet Inc. Class A 0.03% 3,673 $554K Add +1.0%
EWX State Street SPDR S&P Emergi 0.03% 9,672 $540K Add +1.4%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.03% 18,578 $516K Add +0.9%
LLY Eli Lilly & Co. 0.03% 657 $511K Add +3.3%
JPM JPMorgan Chase & Co. 0.03% 2,475 $496K Reduce -5.3%
FNB FNB Corp. 0.03% 34,853 $491K Add +150.1%
VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS 0.03% 49,534 $486K Add +3.9%
META Meta Platforms Inc. Class A 0.03% 967 $470K No change
TSLA Tesla Inc. 0.03% 2,648 $466K Add +100.3%
QQQ Invesco QQQ Trust Series 1 0.03% 1,038 $461K Reduce -5.1%
DUHP Dimensional US High Profi Et 0.03% 14,519 $459K Add +5.8%
ORCL Oracle Corp. 0.03% 3,628 $456K Reduce -2.7%
XOM Exxon Mobil Corp. 0.02% 3,708 $431K Add +23.1%
EFA iShares MSCI Eafe ETF 0.02% 5,084 $406K No change
GOOG Alphabet Inc. Class C 0.02% 2,640 $402K Add +5.6%
V Visa Inc. Class A 0.02% 1,420 $396K No change
EEMS iShares MSCI Emerging MKT SM 0.02% 6,696 $394K Reduce -0.1%
BNDX Vanguard Total Intl Bond ETF 0.02% 7,403 $364K New
UNH Unitedhealth Group Inc. 0.02% 697 $345K No change
AVUV Avantis US Small Cap Value 0.02% 3,535 $331K Add +7.3%
EFV iShares MSCI Eafe Value ETF 0.02% 6,003 $327K No change
PDN Inv Rafi Dev MKT US SM-Usdin 0.02% 9,506 $313K No change
AVDV Avantis Intl S/C Value ETF 0.02% 4,741 $312K Add +11.3%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.02% 5,032 $290K New
SCHB Schwab US Broad Market ETF 0.02% 4,647 $284K No change
AMGN Amgen Inc. 0.02% 990 $281K No change
UNP Union Pacific Corp. 0.02% 1,114 $274K Reduce -6.7%
FNDX Schwab Fndmntl US LRG Co. ETF 0.02% 4,063 $274K Add +0.1%
AVSC Avantis US Small Cap Equity 0.01% 5,179 $271K Add +6.7%
BSV Vanguard Short-Term Bond ETF 0.01% 3,256 $250K Add +0.1%
DFAU Dimensional US Core Equity M 0.01% 6,816 $249K No change
HON Honeywell International Inc. 0.01% 1,213 $249K Add +0.3%
SCHF Schwab Intl Equity ETF 0.01% 6,314 $246K Reduce -46.1%
SCHX Schwab US Large-Cap ETF 0.01% 3,918 $243K Add +0.1%
ANET Arista Networks Inc. 0.01% 820 $238K New
SCHZ Schwab US Aggregate Bond ETF 0.01% 5,017 $231K Reduce -40.0%
RSP Invesco S&P 500 Equal Weight 0.01% 1,290 $218K No change
PPG PPG Industries Inc. 0.01% 1,498 $217K Add +0.5%
ETN Eaton Corp. PLC 0.01% 650 $203K New
ILCB iShares Morningstar U.S. Equ 0.01% 2,800 $203K New
PFS Provident Financial Services 0.01% 11,747 $171K No change
CXM Sprinklr Inc. Class A 0.01% 11,163 $137K No change
MREO Mereo Biopharma Group PL-ADR 0.01% 30,000 $99K New
USAS Americas Gold and Silver Cor 0.00% 10,000 $2K New

Portfolio Sells Q4 2023 → Q1 2024
DFAT Dimensional US Target Value Reduce -1.4% 23.24% −0.87
DFAS Dimensional US Small Cap ETF Reduce -0.4% 23.39% −0.50
DFIV Dimensional International Va Reduce -1.3% 7.40% −0.06
BIV Vanguard Intermediate-Term B Reduce -30.4% 0.04% −0.02
INTC Intel Corp. Sold out 0.00% −0.01
SCHE Schwab Emrg Mrkts Eqty ETF Sold out 0.00% −0.01
SCHF Schwab Intl Equity ETF Reduce -46.1% 0.01% −0.01
SCHZ Schwab US Aggregate Bond ETF Reduce -40.0% 0.01% −0.01
VNQ Vanguard Real Estate ETF Reduce -0.3% 0.04% −0.00
IJR iShares Core S&P Small-Cap E Reduce -0.7% 0.07% −0.00
IJS iShares S&P Small-Cap 600 Va Reduce -1.2% 0.04% −0.00
IEMG iShares Core MSCI Emerging Reduce -3.3% 0.03% −0.00
ISCF iShares International Small Reduce -2.8% 0.03% −0.00
UNP Union Pacific Corp. Reduce -6.7% 0.02% −0.00
SCHC Schwab Intl Small-Cap Equity Reduce -0.5% 0.04% −0.00
EEMS iShares MSCI Emerging MKT SM Reduce -0.1% 0.02% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -5.1% 0.03% −0.00
VT Vanguard Tot World STK ETF Reduce -1.2% 0.05% −0.00
SPYV SS SPDR P S&P 500 Value ETF Reduce -0.6% 0.09% +0.00
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -0.5% 0.11% +0.00
ITOT iShares Core S&P Total U.S. Reduce -1.3% 0.06% +0.00
JPM JPMorgan Chase & Co. Reduce -5.3% 0.03% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.2% 0.09% +0.00
ORCL Oracle Corp. Reduce -2.7% 0.03% +0.00
DFAC Dimensional US Core Equity 2 Reduce -0.2% 0.19% +0.00
DFUV Dimensional US Marketwide Va Reduce -1.5% 15.11% +0.26
DFUS Dimensional US Eq MKT ETF Reduce -0.4% 18.86% +0.53

Portfolio Buys Q4 2023 → Q1 2024
DFLV Dim US Large Cap Value ETF Add +13.6% 1.14% +0.18
DFSV Dimensional US Small Cap Val Add +8.0% 2.35% +0.11
DFIS Dimensional International SM Add +19.5% 0.48% +0.07
DISV Dimensional International SM Add +15.1% 0.45% +0.06
VOO Vanguard S&P 500 ETF Add +103.6% 0.10% +0.05
VGT Vanguard Info Tech ETF New 0.05% +0.05
DFGR Dim Global Real Estate ETF Add +14.8% 0.76% +0.04
DFEV Dimensional Emrg MRKT Val Add +21.7% 0.25% +0.04
DFAE Dimensional Emerging Core Eq Add +13.2% 0.43% +0.04
AVGE Avantis All Eqty Mrkts ETF Add +18.1% 0.20% +0.03
MSFT Microsoft Corp. Add +15.7% 0.13% +0.02
NVDA Nvidia Corp. Add +44.3% 0.03% +0.02
BNDX Vanguard Total Intl Bond ETF New 0.02% +0.02
AMZN Amazon.com Inc. Add +2.3% 0.14% +0.02
BNY Bank of New York Mellon Corp. New 0.02% +0.02
FNB FNB Corp. Add +150.1% 0.03% +0.02
ANET Arista Networks Inc. New 0.01% +0.01
IVV iShares Core S&P 500 ETF Add +0.6% 0.33% +0.01
ILCB iShares Morningstar U.S. Equ New 0.01% +0.01
ETN Eaton Corp. PLC New 0.01% +0.01
SPHY SS SPDR P High Yield ETF Add +23.8% 0.07% +0.01
VTI VG Morningstar TS MKT ETF-US Add +0.2% 0.23% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +5.5% 0.05% +0.01
LLY Eli Lilly & Co. Add +3.3% 0.03% +0.01
TSLA Tesla Inc. Add +100.3% 0.03% +0.01
XOM Exxon Mobil Corp. Add +23.1% 0.02% +0.01
MREO Mereo Biopharma Group PL-ADR New 0.01% +0.01
AVIG Avantis Core Fixed Income Add +12.9% 0.10% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.3% 0.11% +0.00
SCHW Schwab (charles) Corp. Add +12.4% 0.03% +0.00
DUHP Dimensional US High Profi Et Add +5.8% 0.03% +0.00
VB Vanguard Most SM-Cap ETF-Usd Add +0.1% 0.27% +0.00
AVDV Avantis Intl S/C Value ETF Add +11.3% 0.02% +0.00
GOOG Alphabet Inc. Class C Add +5.6% 0.02% +0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.1% 0.12% +0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.4% 0.21% +0.00
AVUV Avantis US Small Cap Value Add +7.3% 0.02% +0.00
GOOGL Alphabet Inc. Class A Add +1.0% 0.03% +0.00
IVLU iShares MSCI International V Add +1.1% 0.04% +0.00
SCHX Schwab US Large-Cap ETF Add +0.1% 0.01% +0.00
AVSC Avantis US Small Cap Equity Add +6.7% 0.01% +0.00
FNDX Schwab Fndmntl US LRG Co. ETF Add +0.1% 0.02% +0.00
USAS Americas Gold and Silver Cor New 0.00% +0.00
VEU Vanguard Ftse All-World Ex-U Add +0.9% 0.05% −0.00
SCHA Schwab US Small-Cap ETF Add +0.2% 0.05% −0.00
FNDE Schwab Fndmntl Em MRK Eq ETF Add +0.9% 0.03% −0.00
BSV Vanguard Short-Term Bond ETF Add +0.1% 0.01% −0.00
SCZ iShares MSCI Eafe Small-Cap Add +0.9% 0.03% −0.00
VGSR Vert GLB Sust Re ETF Add +3.9% 0.03% −0.00
PPG PPG Industries Inc. Add +0.5% 0.01% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 135$2.5BDFAS, DFAT, DFUS, DFUV, DFIV
Q1 2026 127$2.2BDFAS, DFAT, DFUS, DFUV, DFIV
Q4 2025 146$2.1BDFAS, DFAT, DFUS, DFUV, DFIV
Q3 2025 145$2.1BDFAS, DFAT, DFUS, DFUV, DFIV
Q2 2025 144$1.8BDFAS, DFUS, DFAT, DFUV, DFIV
Q1 2025 95$1.6BDFAS, DFAT, DFUS, DFUV, DFIV
Q4 2024 106$1.9BDFAS, DFAT, DFUS, DFUV, DFIV
Q3 2024 108$1.9BDFAS, DFAT, DFUS, DFUV, DFIV
Q2 2024 96$1.8BDFAS, DFAT, DFUS, DFUV, DFIV
Q1 2024 96$1.8BDFAS, DFAT, DFUS, DFUV, DFIV