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 | |
|---|---|---|---|---|---|---|
2626
Applied Optoelectronics
AAOI
$7.57B
| $2.59M | ﹤0.01% |
340,837
| – | – |
|
2627
Victory Capital Holdings
VCTR
$6.19B
| $2.58M | ﹤0.01% |
157,503
-22,053
| -12% | -$433K |
|
2628
Friedman Industries
FRD
$240M
| $2.57M | ﹤0.01% |
582,837
-200
| -0% | -$1.08K |
|
|
ASRT
2629
DELISTED
Assertio
ASRT
| $2.55M | ﹤0.01% |
65,323
| – | – |
|
2630
Digital Turbine
APPS
$975M
| $2.54M | ﹤0.01% |
588,905
+189,148
| +47% | +$1.17M |
|
|
AFI
2631
DELISTED
Armstrong Flooring, Inc.
AFI
| $2.54M | ﹤0.01% |
1,772,669
-25,910
| -1% | -$80.2K |
|
2632
Gaia
GAIA
$46.8M
| $2.53M | ﹤0.01% |
285,177
| – | – |
|
2633
Key Tronic
KTCC
$42.8M
| $2.53M | ﹤0.01% |
870,101
-5,559
| -0.6% | -$28.2K |
|
2634
Celestica
CLS
$38.1B
| $2.53M | ﹤0.01% |
722,718
+41,941
| +6% | +$289K |
|
|
SENEB
2635
Seneca Foods Class B
SENEB
| $2.53M | ﹤0.01% |
70,199
-98
| -0.1% | -$3.48K |
|
2636
Parke Bancorp
PKBK
$401M
| $2.52M | ﹤0.01% |
187,067
+6,790
| +4% | +$129K |
|
|
LORL
2637
DELISTED
Loral Space and Communications, Inc.
LORL
| $2.52M | ﹤0.01% |
155,308
+29,529
| +23% | +$860K |
|
2638
SoundThinking
SSTI
$100M
| $2.52M | ﹤0.01% |
91,792
+11,598
| +14% | +$349K |
|
2639
Compañía de Minas Buenaventura
BVN
$7.69B
| $2.51M | ﹤0.01% |
346,224
| – | – |
|
|
AUY
2640
DELISTED
Yamana Gold, Inc.
AUY
| $2.51M | ﹤0.01% |
913,211
+581,296
| +175% | +$2.19M |
|
|
CCRD
2641
DELISTED
CoreCard
CCRD
| $2.5M | ﹤0.01% |
73,549
-24,041
| -25% | -$900K |
|
2642
Altisource Portfolio Solutions
ASPS
$63.6M
| $2.5M | ﹤0.01% |
40,681
+2,247
| +6% | +$282K |
|
|
CBD
2643
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $2.48M | ﹤0.01% |
197,029
+200
| +0.1% | +$3.58K |
|
2644
Tandem Diabetes Care
TNDM
$1.34B
| $2.48M | ﹤0.01% |
38,472
+8,199
| +27% | +$574K |
|
2645
Consumer Portfolio Services
CPSS
$202M
| $2.46M | ﹤0.01% |
1,809,326
-1,309
| -0.1% | -$4.12K |
|
2646
Spyre Therapeutics
SYRE
$8.54B
| $2.46M | ﹤0.01% |
21,113
-113
| -0.5% | -$19.2K |
|
|
EVRI
2647
DELISTED
Everi Holdings
EVRI
| $2.46M | ﹤0.01% |
744,526
+45,023
| +6% | +$459K |
|
2648
Liberty Energy
LBRT
$3.05B
| $2.46M | ﹤0.01% |
913,242
+320,717
| +54% | +$2.24M |
|
|
VNTR
2649
DELISTED
Venator Materials PLC
VNTR
| $2.45M | ﹤0.01% |
1,425,398
+130,358
| +10% | +$367K |
|
2650
Hawthorn Bancshares
HWBK
$269M
| $2.45M | ﹤0.01% |
156,250
+1,306
| +0.8% | +$24.9K |
|
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.