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 |
Alibaba
BABA
|
+$179M |
| 2 |
Prologis
PLD
|
+$125M |
| 3 |
Visa
V
|
+$98.1M |
| 4 |
Walt Disney
DIS
|
+$85.8M |
| 5 |
Halliburton
HAL
|
+$69.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intel
INTC
|
+$322M |
| 2 |
AT&T
T
|
+$257M |
| 3 |
ExxonMobil
XOM
|
+$239M |
| 4 |
JPMorgan Chase
JPM
|
+$239M |
| 5 |
AYR
Aircastle Ltd
AYR
|
+$206M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 15.83% |
| 3 | Industrials | 12.66% |
| 4 | Healthcare | 11.95% |
| 5 | Consumer Discretionary | 9.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HLG
2501
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $3.93M | ﹤0.01% |
66,017
-553
| -0.8% | -$32.9K |
|
2502
LSB Industries
LXU
$783M
| $3.91M | ﹤0.01% |
2,423,221
-25,835
| -1% | -$54.2K |
|
|
TEF
2503
DELISTED
Telefonica
TEF
| $3.89M | ﹤0.01% |
1,054,148
-43,315
| -4% | -$214K |
|
2504
Northern Oil and Gas
NOG
$2.3B
| $3.89M | ﹤0.01% |
587,002
+16,904
| +3% | +$247K |
|
2505
First Northwest Bancorp
FNWB
$109M
| $3.87M | ﹤0.01% |
355,712
+6,710
| +2% | +$103K |
|
|
STEL
2506
DELISTED
Stellar Bancorp
STEL
| $3.86M | ﹤0.01% |
216,991
+42,937
| +25% | +$1.12M |
|
2507
Takeda Pharmaceutical
TAK
$54.6B
| $3.86M | ﹤0.01% |
254,012
-43,789
| -15% | -$794K |
|
|
ALBO
2508
DELISTED
Albireo Pharma Inc
ALBO
| $3.85M | ﹤0.01% |
234,992
+16,324
| +7% | +$359K |
|
2509
Rocket Pharmaceuticals
RCKT
$340M
| $3.84M | ﹤0.01% |
275,486
+19,578
| +8% | +$388K |
|
|
ORAN
2510
DELISTED
Orange
ORAN
| $3.84M | ﹤0.01% |
317,904
-5,572
| -2% | -$75.7K |
|
|
CMBT
2511
CMB.TECH NV
CMBT
$4.69B
| $3.84M | ﹤0.01% |
340,206
+80,613
| +31% | +$831K |
|
2512
Mitek Systems
MITK
$754M
| $3.81M | ﹤0.01% |
483,343
+23,315
| +5% | +$198K |
|
2513
Nomura Holdings
NMR
$28.3B
| $3.81M | ﹤0.01% |
891,316
| – | – |
|
2514
AmeriServ Financial
ASRV
$77.5M
| $3.8M | ﹤0.01% |
1,450,365
-22,299
| -2% | -$85.7K |
|
|
SBBX
2515
DELISTED
SB One Bancorp Common Stock
SBBX
| $3.79M | ﹤0.01% |
222,667
+7,896
| +4% | +$171K |
|
2516
LifeVantage
LFVN
$81.1M
| $3.77M | ﹤0.01% |
366,188
-7,076
| -2% | -$96.9K |
|
2517
CRISPR Therapeutics
CRSP
$4.73B
| $3.75M | ﹤0.01% |
88,485
+41,952
| +90% | +$2.17M |
|
2518
Beazer Homes USA
BZH
$877M
| $3.73M | ﹤0.01% |
578,690
-13,358
| -2% | -$165K |
|
|
CTG
2519
DELISTED
Computer Task Group, Inc.
CTG
| $3.72M | ﹤0.01% |
971,716
-7,238
| -0.7% | -$38.2K |
|
2520
KT
KT
$8.62B
| $3.65M | ﹤0.01% |
469,317
| – | – |
|
2521
Kinross Gold
KGC
$27.4B
| $3.65M | ﹤0.01% |
916,323
+612,777
| +202% | +$2.96M |
|
|
WSR
2522
DELISTED
Whitestone REIT
WSR
| $3.65M | ﹤0.01% |
588,292
+7,249
| +1% | +$85.4K |
|
2523
Natural Alternatives International
NAII
$14.4M
| $3.64M | ﹤0.01% |
577,785
| – | – |
|
2524
Carvana
CVNA
$68.6B
| $3.64M | ﹤0.01% |
330,480
+24,855
| +8% | +$385K |
|
2525
Agnico Eagle Mines
AEM
$73.6B
| $3.62M | ﹤0.01% |
90,841
-242,184
| -73% | -$12.8M |
|
Similar funds
Dimensional Fund Advisors's Q1 2020 Portfolio in Review
As of Q1 2020, Dimensional Fund Advisors held 3,447 positions worth $192B, down 30% from $274B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q1 2020: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 68 new positions and exited 73, leaving the 3,447-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q1 2020 buy was Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares): 2,843,834 shares worth $28M.
- Dimensional Fund Advisors added most to Alibaba in Q1 2020, an estimated $179M increase.
- Dimensional Fund Advisors's biggest Q1 2020 reduction was Intel, cutting an estimated $322M.
- Dimensional Fund Advisors fully exited Aircastle Ltd in Q1 2020, selling an estimated $206M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $192B portfolio in Q1 2020.
- Dimensional Fund Advisors opened 68 new positions and closed 73 in Q1 2020.
- Dimensional Fund Advisors's portfolio value fell 30% quarter-over-quarter to $192B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2020, filed 14 May 2020.