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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PEI
2526
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $6.2M | ﹤0.01% |
72,268
+1,662
| +2% | +$141K |
|
2527
AmeriServ Financial
ASRV
$77.5M
| $6.2M | ﹤0.01% |
1,497,520
| – | – |
|
|
SPNS
2528
DELISTED
Sapiens International
SPNS
| $6.18M | ﹤0.01% |
314,909
+20,931
| +7% | +$366K |
|
|
DERM
2529
DELISTED
Dermira, Inc.
DERM
| $6.18M | ﹤0.01% |
967,198
| – | – |
|
2530
STRATTEC Security
STRT
$367M
| $6.17M | ﹤0.01% |
308,973
-1,438
| -0.5% | -$30.6K |
|
|
ONIT
2531
Onity Group
ONIT
$309M
| $6.16M | ﹤0.01% |
218,534
-133
| -0.1% | -$3.72K |
|
|
RVNC
2532
DELISTED
Revance Therapeutics, Inc.
RVNC
| $6.14M | ﹤0.01% |
472,646
+82,318
| +21% | +$1.01M |
|
2533
FS Bancorp
FSBW
$319M
| $6.13M | ﹤0.01% |
233,516
+3,554
| +2% | +$87.9K |
|
|
SEAC
2534
DELISTED
Seachange International Inc
SEAC
| $6.13M | ﹤0.01% |
106,404
-240
| -0.2% | -$10.4K |
|
|
SUP
2535
DELISTED
Superior Industries International
SUP
| $6.11M | ﹤0.01% |
2,112,926
+3,276
| +0.2% | +$9.55K |
|
2536
Denali Therapeutics
DNLI
$3.65B
| $6.1M | ﹤0.01% |
398,323
+193,781
| +95% | +$3.7M |
|
|
TLRD
2537
DELISTED
Tailored Brands, Inc.
TLRD
| $6.1M | ﹤0.01% |
1,386,472
+43,920
| +3% | +$223K |
|
2538
First Northwest Bancorp
FNWB
$109M
| $6.07M | ﹤0.01% |
350,557
+3,219
| +0.9% | +$52.4K |
|
|
SMTA
2539
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $6.06M | ﹤0.01% |
717,763
-4,246
| -0.6% | -$35.9K |
|
|
DALN
2540
DELISTED
DallasNews
DALN
| $5.99M | ﹤0.01% |
399,145
-1,117
| -0.3% | -$16K |
|
|
MSON
2541
DELISTED
Misonix Inc
MSON
| $5.98M | ﹤0.01% |
297,686
-38,460
| -11% | -$833K |
|
2542
GoPro
GPRO
$130M
| $5.96M | ﹤0.01% |
1,149,741
+339,991
| +42% | +$1.6M |
|
2543
Marchex
MCHX
$76.2M
| $5.95M | ﹤0.01% |
1,895,165
+551
| +0% | +$2.12K |
|
|
ALTR
2544
DELISTED
Altair Engineering Inc
ALTR
| $5.95M | ﹤0.01% |
171,858
+25,646
| +18% | +$956K |
|
2545
SmartFinancial
SMBK
$896M
| $5.92M | ﹤0.01% |
284,043
+23,475
| +9% | +$495K |
|
2546
Fortis
FTS
$29B
| $5.91M | ﹤0.01% |
139,671
+2,027
| +1% | +$82.7K |
|
2547
Ultrapar
UGP
$6.95B
| $5.89M | ﹤0.01% |
1,319,188
| – | – |
|
2548
Aegon
AEG
$14B
| $5.89M | ﹤0.01% |
1,545,104
+238,580
| +18% | +$950K |
|
|
HIL
2549
DELISTED
Hill International, Inc. Common Stock
HIL
| $5.87M | ﹤0.01% |
1,964,091
+14,308
| +0.7% | +$41.7K |
|
|
CBAY
2550
DELISTED
Cymabay Therapeutics
CBAY
| $5.86M | ﹤0.01% |
1,144,516
+28,657
| +3% | +$173K |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.