DIMENSIONAL INVESTMENT GROUP INC.
PORTFOLIO HOLDINGS REPORT
January 31, 2024
(UNAUDITED)
(UNAUDITED)
Table of Contents
THE DFA INVESTMENT TRUST COMPANY
SCHEDULES OF INVESTMENTS
The U.S. Large Cap Value Series
The DFA International Value Series
The Emerging Markets Series
NOTES TO FINANCIAL STATEMENTS
Organization
Security Valuation
Financial Instruments
Federal Tax Cost
Recently Issued Accounting Standards and Regulations
Other
Subsequent Event Evaluations
DIMENSIONAL INVESTMENT GROUP INC.
THE DFA INVESTMENT TRUST COMPANY
DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES
Schedules of Investments
Investment Abbreviations | |
SOFR | Secured Overnight Financing Rate |
USTMMR | U.S. Treasury Money Market Rate |
Investment Footnotes | |
† | See Security Valuation Note within the Notes to Schedules of Investments. |
* | Non-Income Producing Securities. |
# | Total or Partial Securities on Loan. |
†† | Security valued using significant unobservable inputs (Level 3). |
@ | Security purchased with cash collateral received from Securities on Loan. |
§ | Affiliated Fund. |
^^ | See Federal Tax Cost Note within the Notes to Schedules of Investments. |
(r) | The adjustable rate shown is effective as of January 31, 2024. |
Ω | Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional investors. This security has been deemed liquid based upon the Fund’s Liquidity Guidelines. The liquidity determination is unaudited. |
∞ | Rates reflect the effective yields at purchase date. |
U.S. Large Company Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Shares | Value† | |||
COMMON STOCKS — (99.6%) | ||||
COMMUNICATION SERVICES — (8.8%) | ||||
* | Alphabet, Inc., Class A | 1,605,552 | $224,937,835 | |
* | Alphabet, Inc., Class C | 1,351,296 | 191,613,773 | |
AT&T, Inc. | 1,940,814 | 34,333,000 | ||
* | Charter Communications, Inc., Class A | 27,359 | 10,142,255 | |
Comcast Corp., Class A | 1,089,798 | 50,719,199 | ||
Electronic Arts, Inc. | 66,466 | 9,144,392 | ||
Fox Corp., Class A | 68,565 | 2,214,650 | ||
Fox Corp., Class B | 37,420 | 1,122,974 | ||
Interpublic Group of Cos., Inc. | 104,028 | 3,431,884 | ||
* | Live Nation Entertainment, Inc. | 37,933 | 3,370,347 | |
* | Match Group, Inc. | 72,852 | 2,796,060 | |
* | Meta Platforms, Inc., Class A | 602,179 | 234,934,115 | |
* | Netflix, Inc., Class B | 118,768 | 66,998,216 | |
News Corp., Class A | 101,442 | 2,499,531 | ||
News Corp., Class B | 30,512 | 780,192 | ||
Omnicom Group, Inc. | 53,945 | 4,875,549 | ||
Paramount Global, Class B | 130,276 | 1,900,727 | ||
* | Take-Two Interactive Software, Inc. | 42,952 | 7,084,073 | |
T-Mobile U.S., Inc. | 137,841 | 22,224,104 | ||
Verizon Communications, Inc. | 1,140,953 | 48,319,360 | ||
Walt Disney Co. | 496,587 | 47,697,181 | ||
* | Warner Bros Discovery, Inc. | 602,213 | 6,034,174 | |
TOTAL COMMUNICATION SERVICES | 977,173,591 | |||
CONSUMER DISCRETIONARY — (10.3%) | ||||
* | Airbnb, Inc., Class A | 117,912 | 16,995,836 | |
* | Amazon.com, Inc. | 2,467,109 | 382,895,317 | |
* | Aptiv PLC | 76,350 | 6,209,546 | |
* | AutoZone, Inc. | 4,766 | 13,164,312 | |
Bath & Body Works, Inc. | 62,809 | 2,679,432 | ||
Best Buy Co., Inc. | 53,105 | 3,849,581 | ||
* | Booking Holdings, Inc. | 9,470 | 33,215,741 | |
BorgWarner, Inc. | 65,103 | 2,206,992 | ||
* | Caesars Entertainment, Inc. | 57,806 | 2,535,949 | |
* | CarMax, Inc. | 43,171 | 3,072,912 | |
* | Carnival Corp. | 273,286 | 4,531,082 | |
* | Chipotle Mexican Grill, Inc. | 7,449 | 17,942,928 | |
Darden Restaurants, Inc. | 32,528 | 5,288,402 | ||
Domino's Pizza, Inc. | 9,391 | 4,002,632 | ||
DR Horton, Inc. | 82,069 | 11,728,481 | ||
eBay, Inc. | 140,074 | 5,752,839 | ||
* | Etsy, Inc. | 32,487 | 2,162,335 | |
* | Expedia Group, Inc. | 35,934 | 5,330,090 | |
Ford Motor Co. | 1,066,969 | 12,504,877 | ||
Garmin Ltd. | 41,374 | 4,943,779 | ||
General Motors Co. | 370,974 | 14,393,791 | ||
Genuine Parts Co. | 37,889 | 5,313,174 | ||
Hasbro, Inc. | 36,152 | 1,769,640 | ||
Hilton Worldwide Holdings, Inc. | 69,324 | 13,238,111 | ||
Home Depot, Inc. | 271,351 | 95,776,049 | ||
Las Vegas Sands Corp. | 101,068 | 4,944,247 | ||
Lennar Corp., Class A | 67,997 | 10,189,350 | ||
LKQ Corp. | 73,578 | 3,433,885 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
CONSUMER DISCRETIONARY — (Continued) | ||||
Lowe's Cos., Inc. | 156,418 | $33,292,007 | ||
* | Lululemon Athletica, Inc. | 31,288 | 14,199,120 | |
Marriott International, Inc., Class A | 66,867 | 16,030,026 | ||
McDonald's Corp. | 196,834 | 57,617,248 | ||
MGM Resorts International | 74,754 | 3,242,081 | ||
* | Mohawk Industries, Inc. | 14,631 | 1,525,282 | |
NIKE, Inc., Class B | 331,821 | 33,689,786 | ||
#* | Norwegian Cruise Line Holdings Ltd. | 115,275 | 2,051,895 | |
* | NVR, Inc. | 859 | 6,077,674 | |
* | O'Reilly Automotive, Inc. | 16,038 | 16,407,676 | |
# | Pool Corp. | 10,508 | 3,901,095 | |
PulteGroup, Inc. | 58,241 | 6,089,679 | ||
Ralph Lauren Corp. | 11,037 | 1,585,686 | ||
Ross Stores, Inc. | 91,526 | 12,839,267 | ||
* | Royal Caribbean Cruises Ltd. | 63,967 | 8,155,793 | |
Starbucks Corp. | 310,174 | 28,855,487 | ||
Tapestry, Inc. | 63,153 | 2,449,705 | ||
* | Tesla, Inc. | 750,356 | 140,534,175 | |
TJX Cos., Inc. | 310,569 | 29,476,104 | ||
Tractor Supply Co. | 29,134 | 6,543,496 | ||
* | Ulta Beauty, Inc. | 13,452 | 6,753,577 | |
VF Corp. | 87,327 | 1,437,402 | ||
Whirlpool Corp. | 15,023 | 1,645,319 | ||
Wynn Resorts Ltd. | 26,260 | 2,479,732 | ||
Yum! Brands, Inc. | 75,742 | 9,807,832 | ||
TOTAL CONSUMER DISCRETIONARY | 1,136,758,454 | |||
CONSUMER STAPLES — (6.1%) | ||||
Altria Group, Inc. | 479,806 | 19,249,817 | ||
Archer-Daniels-Midland Co. | 145,081 | 8,063,602 | ||
# | Brown-Forman Corp., Class B | 49,875 | 2,738,137 | |
Bunge Global SA | 39,891 | 3,513,998 | ||
Campbell Soup Co. | 52,825 | 2,357,580 | ||
Church & Dwight Co., Inc. | 66,649 | 6,654,903 | ||
Clorox Co. | 33,848 | 4,916,422 | ||
Coca-Cola Co. | 1,055,893 | 62,815,075 | ||
Colgate-Palmolive Co. | 222,910 | 18,769,022 | ||
Conagra Brands, Inc. | 130,741 | 3,811,100 | ||
Constellation Brands, Inc., Class A | 43,659 | 10,699,948 | ||
Costco Wholesale Corp. | 120,134 | 83,478,714 | ||
Dollar General Corp. | 59,732 | 7,888,805 | ||
* | Dollar Tree, Inc. | 56,994 | 7,444,556 | |
Estee Lauder Cos., Inc., Class A | 63,271 | 8,351,139 | ||
General Mills, Inc. | 158,101 | 10,262,336 | ||
Hershey Co. | 40,778 | 7,892,174 | ||
Hormel Foods Corp. | 78,078 | 2,371,229 | ||
J M Smucker Co. | 29,030 | 3,818,896 | ||
Kellanova | 72,327 | 3,960,626 | ||
Kenvue, Inc. | 465,626 | 9,666,396 | ||
Keurig Dr Pepper, Inc. | 274,435 | 8,628,236 | ||
Kimberly-Clark Corp. | 91,637 | 11,085,328 | ||
Kraft Heinz Co. | 216,829 | 8,050,861 | ||
Kroger Co. | 179,211 | 8,268,796 | ||
Lamb Weston Holdings, Inc. | 39,766 | 4,073,629 | ||
McCormick & Co., Inc. | 67,851 | 4,624,724 | ||
Molson Coors Beverage Co., Class B | 50,094 | 3,095,308 | ||
Mondelez International, Inc., Class A | 369,315 | 27,798,340 | ||
* | Monster Beverage Corp. | 201,087 | 11,063,807 | |
PepsiCo, Inc. | 373,088 | 62,876,521 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
CONSUMER STAPLES — (Continued) | ||||
Philip Morris International, Inc. | 421,333 | $38,278,103 | ||
Procter & Gamble Co. | 639,499 | 100,490,873 | ||
Sysco Corp. | 136,680 | 11,061,512 | ||
Target Corp. | 125,133 | 17,403,498 | ||
Tyson Foods, Inc., Class A | 76,904 | 4,211,263 | ||
Walgreens Boots Alliance, Inc. | 193,943 | 4,377,293 | ||
Walmart, Inc. | 387,107 | 63,969,432 | ||
TOTAL CONSUMER STAPLES | 678,081,999 | |||
ENERGY — (3.8%) | ||||
APA Corp. | 83,121 | 2,604,181 | ||
Baker Hughes Co. | 272,225 | 7,758,412 | ||
Chevron Corp. | 476,391 | 70,234,325 | ||
ConocoPhillips | 322,295 | 36,055,142 | ||
Coterra Energy, Inc. | 205,155 | 5,104,256 | ||
Devon Energy Corp. | 174,583 | 7,335,978 | ||
Diamondback Energy, Inc. | 48,585 | 7,469,458 | ||
EOG Resources, Inc. | 158,063 | 17,985,989 | ||
EQT Corp. | 112,807 | 3,993,368 | ||
Exxon Mobil Corp. | 1,086,846 | 111,738,637 | ||
Halliburton Co. | 242,035 | 8,628,548 | ||
Hess Corp. | 74,796 | 10,511,082 | ||
Kinder Morgan, Inc. | 523,010 | 8,849,329 | ||
Marathon Oil Corp. | 160,690 | 3,671,767 | ||
Marathon Petroleum Corp. | 102,949 | 17,048,354 | ||
Occidental Petroleum Corp. | 179,641 | 10,341,932 | ||
ONEOK, Inc. | 157,720 | 10,764,390 | ||
Phillips 66 | 119,312 | 17,217,915 | ||
Pioneer Natural Resources Co. | 63,403 | 14,571,911 | ||
Schlumberger NV | 388,320 | 18,911,184 | ||
Targa Resources Corp. | 60,597 | 5,148,321 | ||
Valero Energy Corp. | 92,729 | 12,880,058 | ||
Williams Cos., Inc. | 329,733 | 11,428,546 | ||
TOTAL ENERGY | 420,253,083 | |||
FINANCIALS — (13.1%) | ||||
Aflac, Inc. | 144,808 | 12,213,107 | ||
Allstate Corp. | 70,787 | 10,989,682 | ||
American Express Co. | 156,282 | 31,372,049 | ||
American International Group, Inc. | 189,821 | 13,194,458 | ||
Ameriprise Financial, Inc. | 27,522 | 10,646,335 | ||
Aon PLC, Class A | 54,298 | 16,204,152 | ||
* | Arch Capital Group Ltd. | 101,158 | 8,338,454 | |
Arthur J Gallagher & Co. | 58,568 | 13,597,147 | ||
Assurant, Inc. | 13,995 | 2,350,460 | ||
Bank of America Corp. | 1,868,325 | 63,541,733 | ||
Bank of New York Mellon Corp. | 209,232 | 11,604,007 | ||
* | Berkshire Hathaway, Inc., Class B | 493,625 | 189,423,657 | |
BlackRock, Inc. | 37,959 | 29,392,033 | ||
Blackstone, Inc. | 192,478 | 23,953,887 | ||
Brown & Brown, Inc. | 63,543 | 4,928,395 | ||
Capital One Financial Corp. | 103,648 | 14,025,647 | ||
Cboe Global Markets, Inc. | 28,649 | 5,267,119 | ||
Charles Schwab Corp. | 403,910 | 25,414,017 | ||
Chubb Ltd. | 110,712 | 27,124,440 | ||
Cincinnati Financial Corp. | 42,351 | 4,692,491 | ||
Citigroup, Inc. | 519,560 | 29,183,685 | ||
Citizens Financial Group, Inc. | 127,283 | 4,162,154 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
FINANCIALS — (Continued) | ||||
CME Group, Inc. | 97,787 | $20,128,476 | ||
Comerica, Inc. | 35,880 | 1,886,570 | ||
Discover Financial Services | 67,657 | 7,139,167 | ||
Everest Group Ltd. | 11,707 | 4,506,844 | ||
FactSet Research Systems, Inc. | 10,368 | 4,934,339 | ||
Fidelity National Information Services, Inc. | 160,034 | 9,963,717 | ||
Fifth Third Bancorp | 183,498 | 6,282,971 | ||
* | Fiserv, Inc. | 162,591 | 23,066,785 | |
* | FleetCor Technologies, Inc. | 19,415 | 5,628,991 | |
Franklin Resources, Inc. | 77,988 | 2,076,820 | ||
Global Payments, Inc. | 70,905 | 9,446,673 | ||
Globe Life, Inc. | 23,301 | 2,861,829 | ||
Goldman Sachs Group, Inc. | 88,390 | 33,942,644 | ||
Hartford Financial Services Group, Inc. | 81,364 | 7,075,413 | ||
Huntington Bancshares, Inc. | 393,279 | 5,006,442 | ||
Intercontinental Exchange, Inc. | 155,465 | 19,795,358 | ||
Invesco Ltd. | 121,478 | 1,922,997 | ||
Jack Henry & Associates, Inc. | 19,591 | 3,248,776 | ||
JPMorgan Chase & Co. | 784,380 | 136,764,497 | ||
KeyCorp | 253,571 | 3,684,387 | ||
Loews Corp. | 49,060 | 3,574,512 | ||
M&T Bank Corp. | 45,063 | 6,223,200 | ||
MarketAxess Holdings, Inc. | 10,353 | 2,334,705 | ||
Marsh & McLennan Cos., Inc. | 133,669 | 25,910,399 | ||
Mastercard, Inc., Class A | 224,686 | 100,935,692 | ||
MetLife, Inc. | 169,225 | 11,730,677 | ||
Moody's Corp. | 42,746 | 16,758,142 | ||
Morgan Stanley | 343,066 | 29,929,078 | ||
MSCI, Inc. | 21,448 | 12,839,202 | ||
Nasdaq, Inc. | 91,709 | 5,298,029 | ||
Northern Trust Corp. | 55,924 | 4,453,787 | ||
* | PayPal Holdings, Inc. | 292,783 | 17,962,237 | |
PNC Financial Services Group, Inc. | 107,808 | 16,301,648 | ||
Principal Financial Group, Inc. | 60,121 | 4,755,571 | ||
Progressive Corp. | 158,818 | 28,309,308 | ||
Prudential Financial, Inc. | 98,105 | 10,294,158 | ||
Raymond James Financial, Inc. | 50,869 | 5,604,746 | ||
Regions Financial Corp. | 249,944 | 4,666,454 | ||
S&P Global, Inc. | 87,937 | 39,426,554 | ||
State Street Corp. | 83,419 | 6,162,162 | ||
Synchrony Financial | 112,809 | 4,384,886 | ||
T Rowe Price Group, Inc. | 60,976 | 6,612,847 | ||
Travelers Cos., Inc. | 62,064 | 13,117,847 | ||
Truist Financial Corp. | 361,868 | 13,410,828 | ||
U.S. Bancorp | 422,225 | 17,539,226 | ||
# | Visa, Inc., Class A | 432,488 | 118,181,671 | |
W R Berkley Corp. | 54,970 | 4,500,944 | ||
Wells Fargo & Co. | 985,578 | 49,456,304 | ||
Willis Towers Watson PLC | 27,949 | 6,883,839 | ||
Zions Bancorp NA | 39,527 | 1,656,181 | ||
TOTAL FINANCIALS | 1,450,197,639 | |||
HEALTH CARE — (12.7%) | ||||
Abbott Laboratories | 470,940 | 53,286,861 | ||
AbbVie, Inc. | 479,069 | 78,758,944 | ||
Agilent Technologies, Inc. | 79,572 | 10,352,317 | ||
* | Align Technology, Inc. | 19,260 | 5,148,583 | |
Amgen, Inc. | 145,245 | 45,644,694 | ||
Baxter International, Inc. | 136,789 | 5,292,366 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
HEALTH CARE — (Continued) | ||||
Becton Dickinson & Co. | 78,757 | $18,807,959 | ||
* | Biogen, Inc. | 39,143 | 9,655,012 | |
* | Bio-Rad Laboratories, Inc., Class A | 5,798 | 1,860,520 | |
Bio-Techne Corp. | 43,149 | 3,034,238 | ||
* | Boston Scientific Corp. | 396,948 | 25,110,931 | |
Bristol-Myers Squibb Co. | 552,373 | 26,994,469 | ||
Cardinal Health, Inc. | 66,726 | 7,285,812 | ||
* | Catalent, Inc. | 47,930 | 2,475,105 | |
Cencora, Inc. | 45,020 | 10,475,254 | ||
* | Centene Corp. | 145,370 | 10,947,815 | |
* | Charles River Laboratories International, Inc. | 13,833 | 2,991,801 | |
Cigna Group | 79,351 | 23,880,683 | ||
†† | Contra Abiomed, Inc. | 13,246 | 206,770 | |
Cooper Cos., Inc. | 13,464 | 5,022,476 | ||
CVS Health Corp. | 347,755 | 25,862,539 | ||
Danaher Corp. | 178,490 | 42,821,536 | ||
* | DaVita, Inc. | 14,992 | 1,621,535 | |
DENTSPLY SIRONA, Inc. | 57,740 | 2,006,465 | ||
* | Dexcom, Inc. | 104,573 | 12,689,934 | |
* | Edwards Lifesciences Corp. | 164,986 | 12,946,451 | |
Elevance Health, Inc. | 63,780 | 31,471,603 | ||
Eli Lilly & Co. | 216,352 | 139,679,015 | ||
* | GE HealthCare Technologies, Inc. | 106,312 | 7,799,048 | |
Gilead Sciences, Inc. | 337,519 | 26,414,237 | ||
HCA Healthcare, Inc. | 53,655 | 16,359,410 | ||
* | Henry Schein, Inc. | 36,099 | 2,701,649 | |
* | Hologic, Inc. | 66,209 | 4,928,598 | |
Humana, Inc. | 33,286 | 12,584,105 | ||
* | IDEXX Laboratories, Inc. | 22,528 | 11,603,722 | |
* | Illumina, Inc. | 43,139 | 6,169,308 | |
* | Incyte Corp. | 50,650 | 2,976,701 | |
* | Insulet Corp. | 18,797 | 3,587,783 | |
* | Intuitive Surgical, Inc. | 95,562 | 36,143,460 | |
* | IQVIA Holdings, Inc. | 49,601 | 10,328,416 | |
Johnson & Johnson | 653,164 | 103,787,760 | ||
Laboratory Corp. of America Holdings | 22,863 | 5,082,445 | ||
McKesson Corp. | 36,108 | 18,050,028 | ||
Medtronic PLC | 361,075 | 31,608,506 | ||
Merck & Co., Inc. | 687,588 | 83,046,879 | ||
* | Mettler-Toledo International, Inc. | 5,847 | 6,999,970 | |
* | Moderna, Inc. | 90,343 | 9,129,160 | |
* | Molina Healthcare, Inc. | 15,769 | 5,620,702 | |
Pfizer, Inc. | 1,532,436 | 41,498,367 | ||
Quest Diagnostics, Inc. | 30,359 | 3,899,006 | ||
* | Regeneron Pharmaceuticals, Inc. | 29,081 | 27,416,985 | |
ResMed, Inc. | 39,907 | 7,590,311 | ||
Revvity, Inc. | 33,782 | 3,620,755 | ||
STERIS PLC | 26,754 | 5,857,788 | ||
Stryker Corp. | 91,784 | 30,791,696 | ||
Teleflex, Inc. | 12,902 | 3,132,993 | ||
Thermo Fisher Scientific, Inc. | 104,850 | 56,512,053 | ||
UnitedHealth Group, Inc. | 250,949 | 128,420,641 | ||
Universal Health Services, Inc., Class B | 16,524 | 2,624,176 | ||
* | Vertex Pharmaceuticals, Inc. | 69,949 | 30,314,498 | |
Viatris, Inc. | 321,711 | 3,786,539 | ||
* | Waters Corp. | 16,086 | 5,110,683 | |
West Pharmaceutical Services, Inc. | 20,099 | 7,497,530 | ||
Zimmer Biomet Holdings, Inc. | 56,846 | 7,139,858 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
HEALTH CARE — (Continued) | ||||
Zoetis, Inc. | 124,393 | $23,362,249 | ||
TOTAL HEALTH CARE | 1,409,829,703 | |||
INDUSTRIALS — (8.5%) | ||||
3M Co. | 150,313 | 14,182,032 | ||
A O Smith Corp. | 32,715 | 2,539,011 | ||
Allegion PLC | 23,646 | 2,929,503 | ||
#* | American Airlines Group, Inc. | 173,933 | 2,475,067 | |
AMETEK, Inc. | 62,379 | 10,108,517 | ||
Automatic Data Processing, Inc. | 111,489 | 27,401,766 | ||
* | Axon Enterprise, Inc. | 18,954 | 4,720,683 | |
* | Boeing Co. | 154,177 | 32,537,514 | |
Broadridge Financial Solutions, Inc. | 31,847 | 6,503,157 | ||
* | Builders FirstSource, Inc. | 33,543 | 5,827,425 | |
Carrier Global Corp. | 227,405 | 12,441,328 | ||
Caterpillar, Inc. | 138,457 | 41,580,022 | ||
CH Robinson Worldwide, Inc. | 31,089 | 2,614,274 | ||
Cintas Corp. | 23,513 | 14,215,254 | ||
* | Copart, Inc. | 237,534 | 11,411,133 | |
CSX Corp. | 536,851 | 19,165,581 | ||
Cummins, Inc. | 38,565 | 9,228,605 | ||
#* | Dayforce, Inc. | 42,124 | 2,928,460 | |
Deere & Co. | 72,709 | 28,616,808 | ||
Delta Air Lines, Inc. | 174,119 | 6,815,018 | ||
Dover Corp. | 37,666 | 5,641,613 | ||
Eaton Corp. PLC | 108,351 | 26,663,014 | ||
Emerson Electric Co. | 154,479 | 14,170,359 | ||
Equifax, Inc. | 33,353 | 8,149,472 | ||
Expeditors International of Washington, Inc. | 39,132 | 4,943,546 | ||
Fastenal Co. | 154,607 | 10,548,836 | ||
FedEx Corp. | 62,625 | 15,110,786 | ||
Fortive Corp. | 95,197 | 7,442,501 | ||
* | Generac Holdings, Inc. | 16,708 | 1,899,198 | |
General Dynamics Corp. | 61,337 | 16,253,692 | ||
General Electric Co. | 295,290 | 39,102,302 | ||
Honeywell International, Inc. | 178,937 | 36,191,798 | ||
Howmet Aerospace, Inc. | 106,842 | 6,010,931 | ||
Hubbell, Inc. | 14,488 | 4,861,738 | ||
Huntington Ingalls Industries, Inc. | 10,969 | 2,840,093 | ||
IDEX Corp. | 20,554 | 4,347,171 | ||
Illinois Tool Works, Inc. | 74,332 | 19,393,219 | ||
Ingersoll Rand, Inc. | 110,219 | 8,802,089 | ||
Jacobs Solutions, Inc. | 33,977 | 4,579,080 | ||
JB Hunt Transport Services, Inc. | 22,048 | 4,431,207 | ||
Johnson Controls International PLC | 184,052 | 9,697,700 | ||
L3Harris Technologies, Inc. | 51,173 | 10,665,477 | ||
Leidos Holdings, Inc. | 37,695 | 4,164,167 | ||
Lockheed Martin Corp. | 59,934 | 25,736,259 | ||
Masco Corp. | 60,564 | 4,075,352 | ||
Nordson Corp. | 14,694 | 3,698,774 | ||
Norfolk Southern Corp. | 61,342 | 14,430,092 | ||
Northrop Grumman Corp. | 38,372 | 17,143,075 | ||
Old Dominion Freight Line, Inc. | 24,193 | 9,459,947 | ||
Otis Worldwide Corp. | 111,228 | 9,837,004 | ||
PACCAR, Inc. | 142,084 | 14,263,813 | ||
Parker-Hannifin Corp. | 34,930 | 16,224,985 | ||
Paychex, Inc. | 86,848 | 10,572,007 | ||
Paycom Software, Inc. | 13,245 | 2,519,729 | ||
Pentair PLC | 44,642 | 3,266,455 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
INDUSTRIALS — (Continued) | ||||
Quanta Services, Inc. | 39,574 | $7,679,335 | ||
Republic Services, Inc. | 55,507 | 9,498,358 | ||
Robert Half, Inc. | 29,262 | 2,327,499 | ||
Rockwell Automation, Inc. | 31,259 | 7,917,280 | ||
Rollins, Inc. | 76,539 | 3,314,904 | ||
RTX Corp. | 389,773 | 35,516,116 | ||
Snap-on, Inc. | 14,272 | 4,137,881 | ||
Southwest Airlines Co. | 162,303 | 4,851,237 | ||
Stanley Black & Decker, Inc. | 41,570 | 3,878,481 | ||
Textron, Inc. | 52,644 | 4,459,473 | ||
Trane Technologies PLC | 62,148 | 15,664,403 | ||
TransDigm Group, Inc. | 15,027 | 16,419,702 | ||
* | Uber Technologies, Inc. | 557,888 | 36,413,350 | |
Union Pacific Corp. | 165,450 | 40,358,218 | ||
* | United Airlines Holdings, Inc. | 88,063 | 3,644,047 | |
United Parcel Service, Inc., Class B | 196,315 | 27,857,098 | ||
United Rentals, Inc. | 18,427 | 11,524,246 | ||
Veralto Corp. | 59,063 | 4,529,541 | ||
Verisk Analytics, Inc. | 39,173 | 9,461,455 | ||
Waste Management, Inc. | 99,402 | 18,451,993 | ||
Westinghouse Air Brake Technologies Corp. | 48,488 | 6,379,566 | ||
WW Grainger, Inc. | 12,005 | 10,752,158 | ||
Xylem, Inc. | 65,563 | 7,371,904 | ||
TOTAL INDUSTRIALS | 947,786,884 | |||
INFORMATION TECHNOLOGY — (29.4%) | ||||
Accenture PLC, Class A | 170,310 | 61,972,403 | ||
* | Adobe, Inc. | 123,544 | 76,323,012 | |
* | Advanced Micro Devices, Inc. | 438,405 | 73,516,134 | |
* | Akamai Technologies, Inc. | 40,968 | 5,048,487 | |
Amphenol Corp., Class A | 162,460 | 16,424,706 | ||
Analog Devices, Inc. | 135,238 | 26,014,382 | ||
* | ANSYS, Inc. | 23,673 | 7,760,720 | |
Apple, Inc. | 3,966,067 | 731,342,755 | ||
Applied Materials, Inc. | 227,045 | 37,303,493 | ||
* | Arista Networks, Inc. | 68,382 | 17,689,056 | |
* | Autodesk, Inc. | 58,120 | 14,751,437 | |
Broadcom, Inc. | 119,091 | 140,527,380 | ||
* | Cadence Design Systems, Inc. | 73,870 | 21,308,540 | |
CDW Corp. | 36,508 | 8,277,094 | ||
Cisco Systems, Inc. | 1,099,202 | 55,157,956 | ||
Cognizant Technology Solutions Corp., Class A | 135,438 | 10,444,978 | ||
Corning, Inc. | 208,561 | 6,776,147 | ||
* | Enphase Energy, Inc. | 37,130 | 3,866,347 | |
* | EPAM Systems, Inc. | 15,591 | 4,336,013 | |
* | F5, Inc. | 16,320 | 2,997,984 | |
* | Fair Isaac Corp. | 6,677 | 8,004,588 | |
* | First Solar, Inc. | 28,963 | 4,237,287 | |
* | Fortinet, Inc. | 173,271 | 11,174,247 | |
* | Gartner, Inc. | 21,168 | 9,683,090 | |
Gen Digital, Inc. | 152,263 | 3,575,135 | ||
Hewlett Packard Enterprise Co. | 348,266 | 5,324,987 | ||
HP, Inc. | 235,209 | 6,752,850 | ||
Intel Corp. | 1,144,105 | 49,288,043 | ||
International Business Machines Corp. | 247,821 | 45,514,805 | ||
Intuit, Inc. | 76,058 | 48,017,697 | ||
Jabil, Inc. | 34,778 | 4,357,336 | ||
Juniper Networks, Inc. | 85,851 | 3,173,053 | ||
* | Keysight Technologies, Inc. | 47,895 | 7,340,388 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
INFORMATION TECHNOLOGY — (Continued) | ||||
KLA Corp. | 36,817 | $21,870,771 | ||
Lam Research Corp. | 35,775 | 29,520,457 | ||
Microchip Technology, Inc. | 146,754 | 12,500,506 | ||
Micron Technology, Inc. | 297,372 | 25,499,649 | ||
Microsoft Corp. | 2,016,254 | 801,622,265 | ||
Monolithic Power Systems, Inc. | 12,976 | 7,820,895 | ||
Motorola Solutions, Inc. | 45,132 | 14,419,674 | ||
NetApp, Inc. | 56,194 | 4,900,117 | ||
NVIDIA Corp. | 670,087 | 412,284,428 | ||
NXP Semiconductors NV | 69,709 | 14,678,624 | ||
* | ON Semiconductor Corp. | 116,498 | 8,286,503 | |
Oracle Corp. | 431,187 | 48,163,588 | ||
#* | Palo Alto Networks, Inc. | 84,349 | 28,552,980 | |
* | PTC, Inc. | 32,344 | 5,842,944 | |
* | Qorvo, Inc. | 26,726 | 2,665,651 | |
QUALCOMM, Inc. | 302,058 | 44,858,634 | ||
Roper Technologies, Inc. | 29,068 | 15,609,516 | ||
* | Salesforce, Inc. | 264,023 | 74,214,225 | |
Seagate Technology Holdings PLC | 52,792 | 4,523,218 | ||
* | ServiceNow, Inc. | 55,637 | 42,584,560 | |
Skyworks Solutions, Inc. | 42,780 | 4,468,799 | ||
* | Synopsys, Inc. | 41,200 | 21,974,020 | |
TE Connectivity Ltd. | 84,600 | 12,029,274 | ||
* | Teledyne Technologies, Inc. | 12,706 | 5,317,080 | |
Teradyne, Inc. | 41,801 | 4,037,559 | ||
Texas Instruments, Inc. | 246,490 | 39,467,979 | ||
* | Trimble, Inc. | 67,204 | 3,417,995 | |
* | Tyler Technologies, Inc. | 11,369 | 4,806,245 | |
* | VeriSign, Inc. | 23,880 | 4,749,254 | |
* | Western Digital Corp. | 88,397 | 5,060,728 | |
* | Zebra Technologies Corp., Class A | 13,793 | 3,304,113 | |
TOTAL INFORMATION TECHNOLOGY | 3,257,334,781 | |||
MATERIALS — (2.3%) | ||||
Air Products & Chemicals, Inc. | 60,147 | 15,380,189 | ||
# | Albemarle Corp. | 31,553 | 3,620,391 | |
Amcor PLC | 396,816 | 3,741,975 | ||
Avery Dennison Corp. | 21,867 | 4,361,373 | ||
Ball Corp. | 85,675 | 4,750,679 | ||
Celanese Corp. | 27,462 | 4,017,416 | ||
CF Industries Holdings, Inc. | 51,771 | 3,909,228 | ||
Corteva, Inc. | 191,416 | 8,705,600 | ||
Dow, Inc. | 190,194 | 10,194,398 | ||
DuPont de Nemours, Inc. | 116,777 | 7,216,819 | ||
Eastman Chemical Co. | 32,636 | 2,726,738 | ||
Ecolab, Inc. | 68,971 | 13,671,432 | ||
FMC Corp. | 34,384 | 1,932,381 | ||
Freeport-McMoRan, Inc. | 387,779 | 15,390,949 | ||
International Flavors & Fragrances, Inc. | 69,148 | 5,578,861 | ||
International Paper Co. | 92,828 | 3,326,027 | ||
Linde PLC | 131,588 | 53,270,770 | ||
LyondellBasell Industries NV, Class A | 69,643 | 6,554,799 | ||
Martin Marietta Materials, Inc. | 16,808 | 8,545,523 | ||
Mosaic Co. | 89,365 | 2,744,399 | ||
Newmont Corp. | 312,805 | 10,794,901 | ||
Nucor Corp. | 66,932 | 12,511,599 | ||
Packaging Corp. of America | 24,439 | 4,053,941 | ||
PPG Industries, Inc. | 64,267 | 9,064,218 | ||
Sherwin-Williams Co. | 63,932 | 19,459,622 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
MATERIALS — (Continued) | ||||
Steel Dynamics, Inc. | 40,905 | $4,936,824 | ||
Vulcan Materials Co. | 36,201 | 8,181,788 | ||
Westrock Co. | 70,766 | 2,849,039 | ||
TOTAL MATERIALS | 251,491,879 | |||
REAL ESTATE — (2.4%) | ||||
Alexandria Real Estate Equities, Inc. | 42,338 | 5,118,664 | ||
American Tower Corp. | 126,661 | 24,781,225 | ||
AvalonBay Communities, Inc. | 38,473 | 6,887,052 | ||
Boston Properties, Inc. | 39,700 | 2,640,050 | ||
Camden Property Trust | 28,981 | 2,719,577 | ||
* | CBRE Group, Inc., Class A | 82,513 | 7,121,697 | |
* | CoStar Group, Inc. | 110,251 | 9,203,753 | |
Crown Castle, Inc. | 117,812 | 12,753,149 | ||
Digital Realty Trust, Inc. | 82,028 | 11,521,653 | ||
Equinix, Inc. | 25,457 | 21,123,455 | ||
Equity Residential | 93,546 | 5,630,534 | ||
Essex Property Trust, Inc. | 17,449 | 4,070,328 | ||
Extra Space Storage, Inc. | 57,422 | 8,294,034 | ||
Federal Realty Investment Trust | 19,860 | 2,020,358 | ||
Healthpeak Properties, Inc. | 150,724 | 2,788,394 | ||
Host Hotels & Resorts, Inc. | 189,516 | 3,642,497 | ||
Invitation Homes, Inc. | 156,652 | 5,158,550 | ||
Iron Mountain, Inc. | 79,425 | 5,362,776 | ||
Kimco Realty Corp. | 181,424 | 3,664,765 | ||
Mid-America Apartment Communities, Inc. | 31,457 | 3,975,536 | ||
Prologis, Inc. | 250,808 | 31,774,865 | ||
Public Storage | 42,949 | 12,162,727 | ||
Realty Income Corp. | 225,404 | 12,259,724 | ||
Regency Centers Corp. | 45,171 | 2,830,867 | ||
SBA Communications Corp. | 29,412 | 6,584,170 | ||
Simon Property Group, Inc. | 88,820 | 12,311,340 | ||
UDR, Inc. | 83,034 | 2,990,885 | ||
Ventas, Inc. | 109,661 | 5,087,174 | ||
VICI Properties, Inc. | 280,921 | 8,461,340 | ||
Welltower, Inc. | 150,434 | 13,014,045 | ||
Weyerhaeuser Co. | 197,261 | 6,464,243 | ||
TOTAL REAL ESTATE | 262,419,427 | |||
UTILITIES — (2.2%) | ||||
# | AES Corp. | 184,721 | 3,081,146 | |
Alliant Energy Corp. | 68,808 | 3,348,197 | ||
Ameren Corp. | 71,641 | 4,984,064 | ||
American Electric Power Co., Inc. | 143,165 | 11,186,913 | ||
American Water Works Co., Inc. | 52,823 | 6,551,109 | ||
Atmos Energy Corp. | 40,194 | 4,579,704 | ||
CenterPoint Energy, Inc. | 169,682 | 4,740,915 | ||
CMS Energy Corp. | 79,374 | 4,537,018 | ||
Consolidated Edison, Inc. | 93,897 | 8,535,237 | ||
Constellation Energy Corp. | 86,828 | 10,593,016 | ||
Dominion Energy, Inc. | 226,287 | 10,345,842 | ||
DTE Energy Co. | 56,248 | 5,929,664 | ||
Duke Energy Corp. | 209,426 | 20,069,294 | ||
Edison International | 104,100 | 7,024,668 | ||
Entergy Corp. | 57,362 | 5,722,433 | ||
Evergy, Inc. | 63,294 | 3,213,436 | ||
Eversource Energy | 94,779 | 5,138,917 | ||
Exelon Corp. | 269,004 | 9,364,029 |
U.S. Large Company PortfolioCONTINUED
Shares | Value† | |||
UTILITIES — (Continued) | ||||
FirstEnergy Corp. | 140,317 | $5,146,828 | ||
NextEra Energy, Inc. | 556,067 | 32,602,208 | ||
NiSource, Inc. | 113,182 | 2,939,337 | ||
NRG Energy, Inc. | 61,643 | 3,269,545 | ||
PG&E Corp. | 580,136 | 9,786,894 | ||
Pinnacle West Capital Corp. | 30,915 | 2,130,044 | ||
PPL Corp. | 199,777 | 5,234,157 | ||
Public Service Enterprise Group, Inc. | 135,790 | 7,874,462 | ||
Sempra | 170,965 | 12,234,256 | ||
Southern Co. | 296,494 | 20,612,263 | ||
WEC Energy Group, Inc. | 85,849 | 6,933,165 | ||
Xcel Energy, Inc. | 150,549 | 9,013,369 | ||
TOTAL UTILITIES | 246,722,130 | |||
TOTAL COMMON STOCKS Cost ($2,730,022,016) | 11,038,049,570 |
TEMPORARY CASH INVESTMENTS — (0.3%) | ||||
State Street Institutional U.S. Government Money Market Fund 5.300% | 31,536,972 | 31,536,972 | ||
SECURITIES LENDING COLLATERAL — (0.1%) | ||||
@§ | The DFA Short Term Investment Fund | 1,129,321 | 13,063,983 | |
TOTAL INVESTMENTS — (100.0%) | ||||
(Cost $2,774,622,971)^^ | $11,082,650,525 |
As of January 31, 2024, U.S. Large Company Portfolio had entered into the following outstanding futures contracts:
Description | Number of Contracts | Expiration Date | Notional Value | Market Value | Unrealized Appreciation (Depreciation) |
Long Position Contracts: | |||||
S&P 500® Emini Index | 129 | 03/15/24 | $31,124,249 | $31,414,725 | $290,476 |
Total Futures Contracts | $31,124,249 | $31,414,725 | $290,476 |
Summary of the Portfolio's investments as of January 31, 2024, based on their valuation inputs, is as follows (see Security Valuation Note):
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Common Stocks | ||||
Communication Services | $977,173,591 | — | — | $977,173,591 |
Consumer Discretionary | 1,136,758,454 | — | — | 1,136,758,454 |
Consumer Staples | 678,081,999 | — | — | 678,081,999 |
Energy | 420,253,083 | — | — | 420,253,083 |
Financials | 1,450,197,639 | — | — | 1,450,197,639 |
Health Care | 1,409,622,933 | — | $206,770 | 1,409,829,703 |
Industrials | 947,786,884 | — | — | 947,786,884 |
Information Technology | 3,257,334,781 | — | — | 3,257,334,781 |
Materials | 251,491,879 | — | — | 251,491,879 |
Real Estate | 262,419,427 | — | — | 262,419,427 |
Utilities | 246,722,130 | — | — | 246,722,130 |
Temporary Cash Investments | 31,536,972 | — | — | 31,536,972 |
U.S. Large Company PortfolioCONTINUED
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Securities Lending Collateral | — | $13,063,983 | — | $13,063,983 |
Futures Contracts** | $290,476 | — | — | 290,476 |
TOTAL | $11,069,670,248 | $13,063,983 | $206,770^ | $11,082,941,001 |
** Valued at the unrealized appreciation/(depreciation) on the investment. |
^ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets. |
U.S. Large Cap Value Portfolio III
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Value† | |||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company | $3,598,575,103 | ||
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES^^ | $3,598,575,103 |
Summary of the Portfolio's Master Fund's investments as of January 31, 2024, based on their valuation inputs, is located within this report (see Security Valuation Note).
DFA International Value Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Value† | |||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in The DFA International Value Series of The DFA Investment Trust Company | $8,917,359,335 | ||
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES^^ | $8,917,359,335 |
Summary of the Portfolio's Master Fund's investments as of January 31, 2024, based on their valuation inputs, is located within this report (see Security Valuation Note).
DFA International Value Portfolio III
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Value† | |||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in The DFA International Value Series of The DFA Investment Trust Company | $2,892,985,024 | ||
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES^^ | $2,892,985,024 |
Summary of the Portfolio's Master Fund's investments as of January 31, 2024, based on their valuation inputs, is located within this report (see Security Valuation Note).
Emerging Markets Portfolio II
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Value† | |||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in The Emerging Markets Series of The DFA Investment Trust Company | $53,426,461 | ||
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES^^ | $53,426,461 |
Summary of the Portfolio's Master Fund's investments as of January 31, 2024, based on their valuation inputs, is located within this report (see Security Valuation Note).
DFA Two-Year Fixed Income Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Face Amount | Value† | |||
(000) | ||||
BONDS — (39.9%) | ||||
Agence Francaise de Developpement EPIC | ||||
3.125%, 06/30/24 | 2,200 | $2,179,431 | ||
Amazon.com, Inc. | ||||
2.730%, 04/13/24 | 1,000 | 994,237 | ||
Asian Development Bank | ||||
1.625%, 03/15/24 | 2,700 | 2,687,750 | ||
Australia & New Zealand Banking Group Ltd., Floating Rate Note, SOFR + 0.750%, FRN | ||||
(r)Ω | 6.088%, 07/03/25 | 400 | 401,246 | |
Caisse d'Amortissement de la Dette Sociale | ||||
3.375%, 03/20/24 | 3,000 | 2,991,009 | ||
CDP Financial, Inc. | ||||
3.150%, 07/24/24 | 500 | 494,732 | ||
CDP Financial, Inc., Floating Rate Note, SOFR + 0.400%, FRN | ||||
#(r)Ω | 5.756%, 05/19/25 | 500 | 500,511 | |
(r) | 5.756%, 05/19/25 | 400 | 400,409 | |
Commonwealth Bank of Australia, Floating Rate Note, SOFR + 0.400%, FRN | ||||
(r)Ω | 5.722%, 07/07/25 | 656 | 654,564 | |
Commonwealth Bank of Australia, Floating Rate Note, SOFR + 0.630%, FRN | ||||
(r)Ω | 5.976%, 09/12/25 | 1,000 | 1,000,984 | |
Commonwealth Bank of Australia, Floating Rate Note, SOFR + 0.740%, FRN | ||||
(r)Ω | 6.085%, 03/14/25 | 1,275 | 1,279,160 | |
(r) | 6.094%, 03/14/25 | 543 | 544,772 | |
Commonwealth Bank of Australia, Floating Rate Note, SOFR + 0.750%, FRN | ||||
(r)Ω | 6.104%, 03/13/26 | 400 | 401,079 | |
Cooperatieve Rabobank UA, Floating Rate Note, SOFR + 0.700%, FRN | ||||
(r) | 6.019%, 07/18/25 | 770 | 771,633 | |
DBS Group Holdings Ltd., Floating Rate Note, SOFR + 0.610%, FRN | ||||
(r)Ω | 5.965%, 09/12/25 | 1,700 | 1,701,211 |
Face Amount | Value† | |||
(000) | ||||
Erste Abwicklungsanstalt | ||||
0.250%, 03/01/24 | 3,600 | $3,585,053 | ||
European Investment Bank | ||||
2.625%, 03/15/24 | 600 | 597,924 | ||
Export Development Canada | ||||
2.625%, 02/21/24 | 2,225 | 2,221,536 | ||
FMS Wertmanagement | ||||
0.375%, 05/06/24 | 200 | 197,400 | ||
Inter-American Development Bank | ||||
3.000%, 02/21/24 | 628 | 627,133 | ||
Inter-American Development Bank, Floating Rate Note, SOFR + 0.170%, FRN | ||||
(r) | 5.524%, 09/16/26 | 700 | 697,529 | |
International Bank for Reconstruction & Development | ||||
2.500%, 03/19/24 | 862 | 858,618 | ||
2.250%, 03/28/24 | 433 | 430,799 | ||
International Bank for Reconstruction & Development, Floating Rate Note, SOFR + 0.180%, FRN | ||||
(r) | 5.534%, 06/15/26 | 1,500 | 1,496,851 | |
International Finance Corp., Floating Rate Note, SOFR + 0.280%, FRN | ||||
(r) | 5.634%, 03/16/26 | 500 | 500,815 | |
Kommunalbanken AS | ||||
2.750%, 02/05/24 | 2,132 | 2,131,511 | ||
Kommunalbanken AS, SOFR + 1.000%, FRN | ||||
(r) | 6.354%, 06/17/26 | 1,296 | 1,313,934 | |
Kommuninvest I Sverige AB | ||||
0.375%, 02/16/24 | 2,500 | 2,494,774 | ||
Ω | 1.375%, 05/08/24 | 1,000 | 988,957 | |
Kreditanstalt fuer Wiederaufbau | ||||
0.250%, 03/08/24 | 1,500 | 1,492,246 | ||
Kuntarahoitus OYJ, Floating Rate Note, SOFR + 1.000%, FRN | ||||
(r) | 6.346%, 07/15/26 | 600 | 608,370 | |
Landeskreditbank Baden-Wuerttemberg Foerderbank | ||||
0.250%, 02/12/24 | 1,838 | 1,835,353 | ||
2.000%, 07/23/24 | 400 | 393,665 |
DFA Two-Year Fixed Income PortfolioCONTINUED
Face Amount | Value† | |||
(000) | ||||
National Australia Bank Ltd., SOFR + 0.650%, FRN | ||||
(r)Ω | 5.970%, 12/10/25 | 350 | $350,939 | |
National Australia Bank Ltd., Floating Rate Note, SOFR + 0.380%, FRN | ||||
(r)Ω | 5.700%, 01/12/25 | 250 | 249,942 | |
National Australia Bank Ltd., Floating Rate Note, SOFR + 0.760%, FRN | ||||
(r)Ω | 6.118%, 05/13/25 | 270 | 270,804 | |
National Australia Bank Ltd., Floating Rate Note, SOFR + 0.860%, FRN | ||||
(r) | 6.215%, 06/09/25 | 825 | 828,789 | |
Nederlandse Waterschapsbank NV | ||||
1.125%, 03/15/24 | 200 | 198,988 | ||
Nordea Bank Abp | ||||
Ω | 0.625%, 05/24/24 | 1,500 | 1,477,827 | |
Province of Manitoba | ||||
2.600%, 04/16/24 | 750 | 745,571 | ||
Roche Holdings, Inc. | ||||
Ω | 1.882%, 03/08/24 | 1,000 | 996,709 | |
Roche Holdings, Inc., Floating Rate Note, SOFR + 0.740%, FRN | ||||
(r)Ω | 6.100%, 11/13/26 | 200 | 200,938 | |
Skandinaviska Enskilda Banken AB | ||||
Ω | 0.650%, 09/09/24 | 261 | 253,580 | |
Svensk Exportkredit AB | ||||
0.375%, 03/11/24 | 1,000 | 994,440 | ||
Svensk Exportkredit AB, Floating Rate Note, SOFR + 1.000%, FRN | ||||
(r) | 6.362%, 08/03/26 | 250 | 253,588 | |
Svenska Handelsbanken AB | ||||
Ω | 0.550%, 06/11/24 | 750 | 736,967 | |
Westpac Banking Corp. | ||||
3.300%, 02/26/24 | 1,827 | 1,824,217 | ||
Westpac Banking Corp., SOFR + 0.720%, FRN | ||||
(r) | 6.076%, 11/17/25 | 58 | 58,170 | |
Westpac Banking Corp., Floating Rate Note, SOFR + 1.000%, FRN | ||||
(r) | 6.359%, 08/26/25 | 1,750 | 1,761,865 | |
TOTAL BONDS | 50,678,530 | |||
U.S. TREASURY OBLIGATIONS — (26.7%) | ||||
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.125%, FRN | ||||
(r) | 5.420%, 07/31/25 | 8,165 | 8,156,126 |
Face Amount | Value† | |||
(000) | ||||
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.169%, FRN | ||||
(r) | 5.464%, 04/30/25 | 3,725 | $3,724,139 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.170%, FRN | ||||
(r) | 5.465%, 10/31/25 | 13,500 | 13,492,458 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.200%, FRN | ||||
(r) | 5.495%, 01/31/25 | 6,333 | 6,334,747 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.245%, FRN | ||||
(r) | 5.540%, 01/31/26 | 2,250 | 2,251,222 | |
TOTAL U.S. TREASURY OBLIGATIONS | 33,958,692 |
COMMERCIAL PAPER — (32.5%) | ||||
Australia & New Zealand Banking Group Ltd. | ||||
Ω | 5.843%, 03/25/24 | 500 | 495,965 | |
Ω | 0.017%, 04/10/24 | 250 | 247,396 | |
Ω | 5.679%, 03/06/24 | 1,000 | 994,805 | |
Bank of Montreal | ||||
5.580%, 02/07/24 | 600 | 599,382 | ||
5.610%, 02/12/24 | 1,250 | 1,247,791 | ||
5.580%, 03/25/24 | 450 | 446,405 | ||
5.889%, 05/01/24 | 250 | 246,614 | ||
BNG Bank NV | ||||
Ω | 5.551%, 03/08/24 | 500 | 497,253 | |
Caisse d'Amortissement de la Dette Sociale | ||||
Ω | 5.613%, 04/16/24 | 675 | 667,264 | |
Caisse des Depots et Consignations | ||||
Ω | 5.455%, 03/21/24 | 2,000 | 1,985,037 | |
Canadian Imperial Bank of Commerce | ||||
Ω | 5.651%, 06/05/24 | 700 | 686,983 | |
CDP Financial, Inc. | ||||
Ω | 5.809%, 04/01/24 | 500 | 495,377 | |
Ω | 5.832%, 04/08/24 | 500 | 494,871 | |
Cooperatieve Rabobank UA | ||||
5.480%, 02/07/24 | 700 | 699,281 | ||
5.560%, 02/07/24 | 1,000 | 998,972 | ||
5.879%, 05/02/24 | 250 | 246,576 | ||
5.722%, 06/14/24 | 300 | 294,095 | ||
DNB Bank ASA | ||||
Ω | 5.520%, 02/23/24 | 1,250 | 1,245,796 | |
Ω | 5.737%, 02/23/24 | 1,120 | 1,116,233 | |
Ω | 5.704%, 06/17/24 | 300 | 294,047 | |
Hydro-Quebec | ||||
Ω | 5.422%, 02/09/24 | 1,000 | 998,682 |
DFA Two-Year Fixed Income PortfolioCONTINUED
Face Amount | Value† | |||
(000) | ||||
Kreditanstalt fuer Wiederaufbau | ||||
Ω | 5.737%, 04/05/24 | 300 | $297,161 | |
Ω | 5.760%, 05/02/24 | 250 | 246,647 | |
LVMH Moet Hennessy Louis Vuitton SE | ||||
Ω | 5.460%, 02/06/24 | 560 | 559,505 | |
Ω | 5.788%, 05/23/24 | 1,500 | 1,475,240 | |
Ω | 5.426%, 04/05/24 | 306 | 303,056 | |
Ω | 5.471%, 05/17/24 | 250 | 246,081 | |
National Australia Bank Ltd. | ||||
Ω | 5.813%, 03/04/24 | 450 | 447,803 | |
Ω | 5.801%, 04/15/24 | 250 | 247,190 | |
National Securities Clearing Corp. | ||||
Ω | 5.725%, 04/10/24 | 3,600 | 3,562,387 | |
NRW Bank | ||||
Ω | 5.550%, 03/05/24 | 500 | 497,511 | |
Ω | 5.722%, 02/16/24 | 700 | 698,363 | |
Ω | 5.645%, 02/02/24 | 280 | 279,918 | |
Ω | 5.611%, 03/06/24 | 1,200 | 1,193,852 | |
Oesterreichische Kontrollbank AG | ||||
5.736%, 04/05/24 | 2,000 | 1,980,494 | ||
5.715%, 04/05/24 | 740 | 732,783 | ||
Province of Alberta | ||||
Ω | 5.807%, 04/19/24 | 300 | 296,502 | |
Province Of Alberta | ||||
Ω | 5.677%, 02/26/24 | 2,000 | 1,992,333 | |
PSP Capital, Inc. | ||||
Ω | 5.692%, 02/15/24 | 1,250 | 1,247,246 | |
Ω | 5.761%, 04/02/24 | 1,150 | 1,139,265 |
Face Amount | Value† | |||
(000) | ||||
Ω | 5.750%, 04/10/24 | 700 | $692,677 | |
Ω | 5.630%, 05/09/24 | 500 | 492,771 | |
Quebec Govt | ||||
Ω | 5.448%, 03/18/24 | 2,000 | 1,986,199 | |
Ω | 5.449%, 03/26/24 | 250 | 247,980 | |
Toronto-Dominion Bank | ||||
Ω | 5.580%, 03/06/24 | 650 | 646,652 | |
Ω | 5.571%, 03/12/24 | 1,750 | 1,739,415 | |
United Overseas Bank Ltd. | ||||
Ω | 5.721%, 05/16/24 | 3,000 | 2,952,825 | |
TOTAL COMMERCIAL PAPER (Cost $41,197,657) | 41,200,681 | |||
TOTAL INVESTMENT SECURITIES (Cost $125,942,908) | 125,837,903 |
Shares | ||||
TEMPORARY CASH INVESTMENTS — (0.5%) | ||||
State Street Institutional U.S. Government Money Market Fund 5.300% | 573,779 | 573,779 | ||
SECURITIES LENDING COLLATERAL — (0.4%) | ||||
@§ | The DFA Short Term Investment Fund | 44,311 | 512,593 | |
TOTAL INVESTMENTS — (100.0%) | ||||
(Cost $127,029,280)^^ | $126,924,275 |
Summary of the Portfolio's investments as of January 31, 2024, based on their valuation inputs, is as follows (see Security Valuation Note):
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Bonds | — | $50,678,530 | — | $50,678,530 |
U.S. Treasury Obligations | — | 33,958,692 | — | 33,958,692 |
Commercial Paper | — | 41,200,681 | — | 41,200,681 |
Temporary Cash Investments | $573,779 | — | — | 573,779 |
Securities Lending Collateral | — | 512,593 | — | 512,593 |
TOTAL | $573,779 | $126,350,496 | — | $126,924,275 |
DFA Two-Year Government Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Face Amount | Value† | |||
(000) | ||||
AGENCY OBLIGATIONS — (6.4%) | ||||
Federal Home Loan Bank Discount Notes | ||||
∞ | 4.567%, 02/06/24 | 500 | $499,567 | |
∞ | 5.126%, 02/27/24 | 3,483 | 3,469,416 | |
∞ | 5.128%, 02/28/24 | 650 | 647,371 | |
∞ | 5.143%, 03/08/24 | 400 | 397,852 | |
∞ | 5.128%, 05/03/24 | 3,800 | 3,749,837 | |
TOTAL AGENCY OBLIGATIONS | 8,764,043 | |||
U.S. TREASURY OBLIGATIONS — (93.2%) | ||||
U.S. Treasury Bills | ||||
∞ | 4.755%, 02/20/24 | 5,500 | 5,484,725 | |
∞ | 4.950%, 03/05/24 | 11,025 | 10,971,892 | |
∞ | 5.016%, 03/12/24 | 14,270 | 14,186,499 | |
∞ | 4.902%, 03/14/24 | 6,550 | 6,523,209 | |
∞ | 4.986%, 03/14/24 | 5,750 | 5,720,534 | |
∞ | 5.059%, 03/19/24 | 10,450 | 10,378,045 | |
∞ | 5.383%, 03/26/24 | 4,367 | 4,332,577 | |
∞ | 5.057%, 05/02/24 | 4,650 | 4,602,834 | |
∞ | 5.082%, 05/02/24 | 11,373 | 11,234,872 | |
∞ | 5.074%, 05/23/24 | 60 | 59,035 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.125%, FRN | ||||
(r) | 5.420%, 07/31/25 | 13,860 | 13,844,938 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.169%, FRN | ||||
(r) | 5.464%, 04/30/25 | 13,845 | 13,841,798 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.170%, FRN | ||||
(r) | 5.465%, 10/31/25 | 13,200 | 13,192,626 | |
U.S. Treasury Notes, Floating Rate Note, 3M USTMMR + 0.200%, FRN | ||||
(r) | 5.495%, 01/31/25 | 13,430 | 13,433,704 | |
TOTAL U.S. TREASURY OBLIGATIONS | 127,807,288 | |||
TOTAL INVESTMENT SECURITIES (Cost $136,551,723) | 136,571,331 |
Shares | ||||
TEMPORARY CASH INVESTMENTS — (0.4%) | ||||
State Street Institutional U.S. Government Money Market Fund 5.300% | 548,359 | 548,359 | ||
TOTAL INVESTMENTS — (100.0%) | ||||
(Cost $137,100,082)^^ | $137,119,690 |
Summary of the Portfolio's investments as of January 31, 2024, based on their valuation inputs, is as follows (see Security Valuation Note):
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Agency Obligations | — | $8,764,043 | — | $8,764,043 |
U.S. Treasury Obligations | — | 127,807,288 | — | 127,807,288 |
Temporary Cash Investments | $548,359 | — | — | 548,359 |
TOTAL | $548,359 | $136,571,331 | — | $137,119,690 |
Global Equity Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Shares | Value† | ||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group, Inc. | 136,911,308 | $4,468,785,081 | |
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc. | 109,767,347 | 1,658,584,616 | |
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group, Inc. | 41,006,554 | 1,491,818,435 | |
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc. | 30,611,562 | 662,740,321 | |
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc. | 3,601,118 | 134,609,785 | |
Investment in DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc. | 13,397,185 | 47,827,950 | |
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $4,019,460,582) | $8,464,366,188 |
TEMPORARY CASH INVESTMENTS — (0.0%) | |||
State Street Institutional U.S. Government Money Market Fund, 5.300% (Cost $801,509) | 801,509 | 801,509 | |
TOTAL INVESTMENTS — (100.0%) (Cost $4,020,262,091)^^ | $8,465,167,697 |
Summary of the Global Fund's investments as of January 31, 2024, based on their valuation inputs, is as follows (see Security Valuation Note):
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Affiliated Investment Companies | $8,464,366,188 | — | — | $8,464,366,188 |
Temporary Cash Investments | 801,509 | — | — | 801,509 |
TOTAL | $8,465,167,697 | — | — | $8,465,167,697 |
Global Allocation 60/40 Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Shares | Value† | ||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group, Inc. | 35,944,913 | $1,173,241,948 | |
Investment in DFA Selectively Hedged Global Fixed Income Portfolio of DFA Investment Dimensions Group, Inc. | 60,069,591 | 549,036,058 | |
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc. | 28,991,493 | 438,061,458 | |
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group, Inc. | 10,856,291 | 394,951,856 | |
Investment in DFA Short-Term Extended Quality Portfolio of DFA Investment Dimensions Group, Inc. | 35,142,680 | 363,023,889 | |
Investment in DFA Global Core Plus Fixed Income Portfolio of DFA Investment Dimensions Group, Inc. | 20,927,159 | 190,855,689 | |
Investment in DFA Five-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group, Inc. | 18,064,298 | 180,823,619 | |
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc. | 8,145,633 | 176,352,967 | |
Investment in DFA World ex U.S. Government Fixed Income Portfolio of DFA Investment Dimensions Group, Inc. | 11,240,825 | 95,209,789 | |
Investment in DFA Inflation-Protected Securities Portfolio of DFA Investment Dimensions Group, Inc. | 8,490,453 | 92,376,126 | |
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc. | 963,111 | 36,001,094 | |
Investment in DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc. | 3,665,796 | 13,086,893 | |
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $2,495,929,743) | $3,703,021,386 |
TEMPORARY CASH INVESTMENTS — (0.0%) | |||
State Street Institutional U.S. Government Money Market Fund, 5.300% (Cost $1,535,692) | 1,535,692 | 1,535,692 | |
TOTAL INVESTMENTS — (100.0%) (Cost $2,497,465,435)^^ | $3,704,557,078 |
Summary of the Global Fund's investments as of January 31, 2024, based on their valuation inputs, is as follows (see Security Valuation Note):
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Affiliated Investment Companies | $3,703,021,386 | — | — | $3,703,021,386 |
Temporary Cash Investments | 1,535,692 | — | — | 1,535,692 |
TOTAL | $3,704,557,078 | — | — | $3,704,557,078 |
Global Allocation 25/75 Portfolio
SCHEDULE OF INVESTMENTS
January 31, 2024
(Unaudited)
Shares | Value† | ||
AFFILIATED INVESTMENT COMPANIES — (100.0%) | |||
Investment in DFA Short-Term Extended Quality Portfolio of DFA Investment Dimensions Group, Inc. | 20,901,876 | $215,916,382 | |
Investment in DFA Two-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group, Inc. | 22,216,324 | 215,720,508 | |
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group, Inc. | 2,870,655 | 93,698,168 | |
Investment in DFA Inflation-Protected Securities Portfolio of DFA Investment Dimensions Group, Inc. | 7,294,964 | 79,369,211 | |
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group, Inc. | 2,318,175 | 35,027,617 | |
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group, Inc. | 860,618 | 31,309,281 | |
Investment in DFA World ex U.S. Government Fixed Income Portfolio of DFA Investment Dimensions Group, Inc. | 3,419,834 | 28,965,996 | |
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group, Inc. | 650,771 | 14,089,202 | |
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc. | 77,253 | 2,887,732 | |
Investment in DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group, Inc. | 289,163 | 1,032,310 | |
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $619,337,829)^^ | $718,016,407 |
Summary of the Global Fund's investments as of January 31, 2024, based on their valuation inputs, is as follows (see Security Valuation Note):
Investments in Securities (Market Value) | ||||
Level 1 | Level 2 | Level 3 | Total | |
Affiliated Investment Companies | $718,016,407 | — | — | $718,016,407 |
TOTAL | $718,016,407 | — | — | $718,016,407 |
ORGANIZATION
Dimensional Investment Group Inc. (the “Fund”) is an open-end management investment company registered under the Investment Company Act of 1940 (the “1940 Act”), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. At January 31, 2024, the Fund consisted of ten portfolios (the “Portfolios”), of which three are “Stand-alone Funds”, four are “Feeder Funds” in a master-feeder structure, and three are “Fund of Funds”.
SECURITY VALUATION
The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:
• Level 1 - inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies and futures contracts)
• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
• Level 3 - significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)
Securities held by U.S. Large Company Portfolio, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Portfolio that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Portfolio values the securities within the range of the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (“NYSE”). These securities are generally categorized as Level 1 in the hierarchy.
Futures contracts held by the U.S. Large Company Portfolio are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.
The Feeder Funds primarily invest in a corresponding series of The DFA Investment Trust Company (each, a “Master Fund”). Each Feeder Fund’s investment reflects its proportionate interest in the net assets of the corresponding Master Fund. These valuations are classified as Level 1 in the hierarchy.
Shares of investment companies (“Underlying Funds”) held by Global Equity Portfolio, Global Allocation 60/40 Portfolio, and Global Allocation 25/75 Portfolio (each a “Global Fund” and collectively, the “Global Funds”) and the shares held by the Portfolios in other investment companies are valued at their respective daily net asset values as reported by their administrator, as these Underlying Funds are treated as regulated investment companies. These securities are generally categorized as Level 1 in the hierarchy.
Debt securities held by DFA Two-Year Fixed Income Portfolio and DFA Two-Year Government Portfolio are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.
Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP) occur before the net asset value of a Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.
A summary of the inputs used to value the Portfolios' investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of each Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
FINANCIAL INSTRUMENTS
In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. These instruments and their significant corresponding risks are described below:
Derivative Financial Instruments
Summarized below are the specific types of derivative instruments used by the Portfolios.
1. FUTURES CONTRACTS: The Portfolios may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolios. Upon entering into a futures contract, a Portfolio deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded to a broker. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities or indices, from the possibility of an illiquid secondary market for these instruments and from the possibility that a Portfolio could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.
FEDERAL TAX COST
At January 31, 2024, the total cost of securities for federal income tax purposes was:
Federal Tax Cost | |
U.S. Large Company Portfolio | $2,778,453 |
U.S. Large Cap Value Portfolio III | 1,942,862 |
DFA International Value Portfolio | 7,771,378 |
DFA International Value Portfolio III | 2,189,159 |
Emerging Markets Portfolio II | 7,416 |
DFA Two-Year Fixed Income Portfolio | 127,073 |
DFA Two-Year Government Portfolio | 137,100 |
Global Equity Portfolio | 4,203,978 |
Global Allocation 60/40 Portfolio | 2,542,996 |
Global Allocation 25/75 Portfolio | 630,640 |
RECENTLY ISSUED ACCOUNTING STANDARDS AND REGULATIONS
In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (Topic 848) – Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In January 2021, the FASB issued ASU No. 2021-01, with further amendments to Topic 848. The amendments in the ASUs provide optional temporary accounting recognition and financial reporting relief from the effect of certain types of contract modifications due to the planned discontinuation of the LIBOR and other interbank-offered based reference rates as of the end of 2021 and 2023. The ASUs were effective for certain reference rate-related contract modifications that occurred during the period March 12, 2020 through December 31, 2022. Management has reviewed the requirements and determined the adoption of these ASUs will not have a material impact on the Portfolios' financial statements.
In October 2022, the SEC adopted rule and form amendments requiring open-end management investment companies, including mutual funds and exchange-traded funds, to transmit concise and visually engaging semi-annual and annual reports that highlight key information, including fund expenses, performance, and holdings to shareholders. Other information, including financial statements, will no longer appear in the Portfolios' shareholder reports but will be available online, delivered free of charge upon request, and filed on a semi-annual basis on Form N-CSR. The rule and form amendments have a compliance date of July 24, 2024. Accordingly, the rule and form amendments will not impact the Portfolios' until the 2024 annual shareholder reports, and will have no effect on the Portfolios' accounting policies or financial statements.
OTHER
The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy, such as the now ended litigation involving The Tribune Company and the ongoing litigation involving Nine West). Although management currently believes that resolving claims against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio’s financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.
SUBSEQUENT EVENT EVALUATIONS
Management has evaluated the impact of all subsequent events on the Portfolio through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.