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 | |
|---|---|---|---|---|---|---|
2626
Forestar Group
FOR
$1.44B
| $4.59M | ﹤0.01% |
251,329
+26,696
| +12% | +$523K |
|
|
BAND
2627
Bandwidth Inc
BAND
$1.26B
| $4.59M | ﹤0.01% |
70,509
+9,049
| +15% | +$706K |
|
|
CALA
2628
DELISTED
Calithera Biosciences, Inc
CALA
| $4.58M | ﹤0.01% |
74,181
+922
| +1% | +$73.8K |
|
2629
Celestica
CLS
$38.1B
| $4.57M | ﹤0.01% |
637,781
+32,488
| +5% | +$223K |
|
|
OMCC
2630
DELISTED
Old Market Capital Corp
OMCC
| $4.56M | ﹤0.01% |
507,079
-75
| -0% | -$669 |
|
2631
BGSF Inc
BGSF
$59.5M
| $4.52M | ﹤0.01% |
236,536
+8,063
| +4% | +$150K |
|
2632
Urban One Class D
UONEK
$22.8M
| $4.51M | ﹤0.01% |
226,790
-539
| -0.2% | -$10.7K |
|
|
PZN
2633
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $4.51M | ﹤0.01% |
505,358
+5,930
| +1% | +$49.3K |
|
2634
LCNB Corp
LCNB
$282M
| $4.5M | ﹤0.01% |
253,496
+7,767
| +3% | +$136K |
|
|
KG
2635
Kestrel Group
KG
$69.4M
| $4.49M | ﹤0.01% |
299,252
-23,247
| -7% | -$273K |
|
2636
Mitek Systems
MITK
$754M
| $4.49M | ﹤0.01% |
465,110
| – | – |
|
|
LBY
2637
DELISTED
Libbey, Inc.
LBY
| $4.48M | ﹤0.01% |
1,338,343
-65,420
| -5% | -$128K |
|
|
CBIO
2638
Crescent Biopharma
CBIO
$537M
| $4.48M | ﹤0.01% |
10,397
+524
| +5% | +$337K |
|
|
BHR
2639
Braemar Hotels & Resorts
BHR
$156M
| $4.47M | ﹤0.01% |
480,858
+1,111
| +0.2% | +$10.1K |
|
|
PRGX
2640
DELISTED
PRGX Global, Inc.
PRGX
| $4.45M | ﹤0.01% |
864,585
-622
| -0.1% | -$3.59K |
|
2641
Acadia Pharmaceuticals
ACAD
$4.43B
| $4.44M | ﹤0.01% |
+123,303
| New | +$3.74M |
|
|
UBFO
2642
DELISTED
United Security Bancshares
UBFO
| $4.41M | ﹤0.01% |
418,861
-27,490
| -6% | -$292K |
|
2643
Nature's Sunshine
NATR
$354M
| $4.33M | ﹤0.01% |
521,689
+3,541
| +0.7% | +$32.3K |
|
|
ALBO
2644
DELISTED
Albireo Pharma Inc
ALBO
| $4.32M | ﹤0.01% |
215,942
+7,542
| +4% | +$195K |
|
|
HLG
2645
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $4.32M | ﹤0.01% |
66,570
| – | – |
|
|
AGTC
2646
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $4.31M | ﹤0.01% |
1,035,146
+19,129
| +2% | +$69.1K |
|
|
FCCY
2647
DELISTED
1st Constitution Bancorp
FCCY
| $4.3M | ﹤0.01% |
229,596
+677
| +0.3% | +$12.1K |
|
|
LORL
2648
DELISTED
Loral Space and Communications, Inc.
LORL
| $4.3M | ﹤0.01% |
103,976
+10,958
| +12% | +$411K |
|
|
CAJ
2649
DELISTED
Canon, Inc.
CAJ
| $4.26M | ﹤0.01% |
159,491
+14,154
| +10% | +$386K |
|
|
PGNX
2650
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $4.25M | ﹤0.01% |
840,753
+5,100
| +0.6% | +$25.4K |
|
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.