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 |
Truist Financial
TFC
|
+$224M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$123M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$117M |
| 4 |
Bank of America
BAC
|
+$78.7M |
| 5 |
Valley National Bancorp
VLY
|
+$61.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$411M |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$228M |
| 3 |
CELG
Celgene Corp
CELG
|
+$198M |
| 4 |
Walmart Inc
WMT
|
+$177M |
| 5 |
GWR
Genesee & Wyoming Inc.
GWR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.31% |
| 2 | Technology | 14.29% |
| 3 | Industrials | 13.48% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Healthcare | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Civeo
CVEO
$348M
| $5.95M | ﹤0.01% |
384,415
-33,039
| -8% | -$414K |
|
|
SMMF
2552
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.95M | ﹤0.01% |
219,461
+7,680
| +4% | +$202K |
|
2553
Altisource Portfolio Solutions
ASPS
$64.3M
| $5.94M | ﹤0.01% |
38,434
-745
| -2% | -$114K |
|
2554
AtriCure
ATRC
$2.91B
| $5.9M | ﹤0.01% |
181,418
+49,629
| +38% | +$1.41M |
|
2555
Takeda Pharmaceutical
TAK
$59.5B
| $5.88M | ﹤0.01% |
297,801
-386,686
| -56% | -$7.4M |
|
2556
LifeVantage
LFVN
$77.4M
| $5.83M | ﹤0.01% |
373,264
+735
| +0.2% | +$10.8K |
|
2557
Rocket Pharmaceuticals
RCKT
$382M
| $5.83M | ﹤0.01% |
255,908
+115,850
| +83% | +$1.93M |
|
|
AKRX
2558
DELISTED
Akorn Inc
AKRX
| $5.82M | ﹤0.01% |
3,883,131
+40,133
| +1% | +$151K |
|
2559
eGain
EGAN
$141M
| $5.82M | ﹤0.01% |
734,723
+11,948
| +2% | +$92.4K |
|
2560
Cushman & Wakefield Ltd
CWK
$2.94B
| $5.81M | ﹤0.01% |
284,133
+252,550
| +800% | +$4.75M |
|
|
GIFI
2561
DELISTED
Gulf Island Fabrication
GIFI
| $5.79M | ﹤0.01% |
1,141,364
-125,505
| -10% | -$639K |
|
2562
Aware
AWRE
$26.2M
| $5.79M | ﹤0.01% |
1,721,918
-17,487
| -1% | -$54.5K |
|
|
INOV
2563
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $5.78M | ﹤0.01% |
307,055
+22,321
| +8% | +$374K |
|
|
RRD
2564
DELISTED
RR Donnelley & Sons Co.
RRD
| $5.78M | ﹤0.01% |
1,462,324
-17,548
| -1% | -$69.3K |
|
2565
Bridgford Foods
BRID
$53.4M
| $5.77M | ﹤0.01% |
232,927
-10,660
| -4% | -$273K |
|
|
SSI
2566
DELISTED
Stage Stores Inc
SSI
| $5.74M | ﹤0.01% |
707,354
-7,100
| -1% | -$27.5K |
|
|
PEI
2567
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $5.72M | ﹤0.01% |
71,561
-707
| -1% | -$58.9K |
|
2568
Magnachip Semiconductor
MX
$101M
| $5.69M | ﹤0.01% |
490,190
-1,935
| -0.4% | -$22.7K |
|
2569
GoPro
GPRO
$262M
| $5.63M | ﹤0.01% |
1,298,023
+148,282
| +13% | +$615K |
|
2570
Celestica
CLS
$40.8B
| $5.63M | ﹤0.01% |
680,777
+42,996
| +7% | +$320K |
|
2571
Carvana
CVNA
$47.1B
| $5.63M | ﹤0.01% |
305,625
-44,685
| -13% | -$748K |
|
|
ENZ
2572
DELISTED
Enzo Biochem, Inc.
ENZ
| $5.6M | ﹤0.01% |
2,128,200
-14,785
| -0.7% | -$44.2K |
|
2573
STAAR Surgical
STAA
$1.12B
| $5.59M | ﹤0.01% |
158,984
-22,769
| -13% | -$751K |
|
|
SPPI
2574
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $5.57M | ﹤0.01% |
1,529,197
+216,213
| +16% | +$1.75M |
|
2575
Garrett Motion
GTX
$4.87B
| $5.57M | ﹤0.01% |
557,061
+42,450
| +8% | +$433K |
|
Similar funds
Dimensional Fund Advisors's Q4 2019 Portfolio in Review
As of Q4 2019, Dimensional Fund Advisors held 3,465 positions worth $274B, up 6.6% from $257B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 3.8%. Dimensional Fund Advisors opened 48 new positions and exited 85, leaving the 3,465-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 Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2019 buy was Envista: 1,368,881 shares worth $40.6M.
- Dimensional Fund Advisors added most to Truist Financial in Q4 2019, an estimated $224M increase.
- Dimensional Fund Advisors's biggest Q4 2019 reduction was Apple, cutting an estimated $411M.
- Dimensional Fund Advisors fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $274B portfolio in Q4 2019.
- Dimensional Fund Advisors opened 48 new positions and closed 85 in Q4 2019.
- Dimensional Fund Advisors's portfolio value rose 6.6% quarter-over-quarter to $274B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.