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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TRTN
251
DELISTED
Triton International Limited
TRTN
| $188M | 0.07% |
5,746,957
+81,092
| +1% | +$2.57M |
|
252
NextEra Energy
NEE
$169B
| $188M | 0.07% |
3,662,520
+2,644
| +0.1% | +$130K |
|
253
BorgWarner
BWA
$12.7B
| $188M | 0.07% |
5,074,673
+472,668
| +10% | +$16.8M |
|
|
PXD
254
DELISTED
Pioneer Natural Resource Co.
PXD
| $187M | 0.07% |
1,218,278
+14,618
| +1% | +$2.24M |
|
|
MRO
255
DELISTED
Marathon Oil Corporation
MRO
| $187M | 0.07% |
13,171,671
+620,744
| +5% | +$9.6M |
|
256
Bristol-Myers Squibb
BMY
$130B
| $187M | 0.07% |
4,122,435
+92,496
| +2% | +$4.31M |
|
257
Suncor Energy
SU
$84.1B
| $185M | 0.07% |
5,942,619
+30,721
| +0.5% | +$983K |
|
258
S&P Global
SPGI
$122B
| $185M | 0.07% |
812,460
+29,704
| +4% | +$6.49M |
|
|
CELG
259
DELISTED
Celgene Corp
CELG
| $184M | 0.07% |
1,993,209
-1,410
| -0.1% | -$134K |
|
260
Alaska Air
ALK
$4.45B
| $184M | 0.07% |
2,881,564
-59,132
| -2% | -$3.6M |
|
261
International Bancshares
IBOC
$4.45B
| $184M | 0.07% |
4,883,179
-32,285
| -0.7% | -$1.27M |
|
262
Eastman Chemical
EMN
$7.53B
| $184M | 0.07% |
2,365,790
+16,156
| +0.7% | +$1.23M |
|
|
BLD
263
DELISTED
TopBuild
BLD
| $184M | 0.07% |
2,220,595
-53,178
| -2% | -$4.07M |
|
|
SF
264
Stifel
SF
$11.6B
| $184M | 0.07% |
6,992,291
-125,609
| -2% | -$3.2M |
|
265
AutoNation
AN
$6.73B
| $183M | 0.07% |
4,367,222
+740,793
| +20% | +$29.5M |
|
266
LyondellBasell Industries
LYB
$21.1B
| $183M | 0.07% |
2,123,156
+158,643
| +8% | +$13.5M |
|
267
Waste Management
WM
$86.8B
| $182M | 0.07% |
1,580,325
+22,806
| +1% | +$2.47M |
|
268
Western Digital
WDC
$149B
| $182M | 0.07% |
5,063,212
+676,471
| +15% | +$23.2M |
|
269
U-Haul Holding Co
UHAL
$12.3B
| $182M | 0.07% |
4,794,910
+30,780
| +0.6% | +$1.17M |
|
270
Archer Daniels Midland
ADM
$41.7B
| $181M | 0.07% |
4,445,554
-127,630
| -3% | -$5.28M |
|
271
Mohawk Industries
MHK
$8.74B
| $181M | 0.07% |
1,227,043
+30,996
| +3% | +$4.29M |
|
|
SAFM
272
DELISTED
Sanderson Farms Inc
SAFM
| $181M | 0.07% |
1,324,023
-217,771
| -14% | -$30.9M |
|
273
Ball Corp
BALL
$16.1B
| $180M | 0.07% |
2,577,278
+3,026
| +0.1% | +$188K |
|
274
Zoetis
ZTS
$30.3B
| $180M | 0.07% |
1,584,885
+68,602
| +5% | +$7.18M |
|
275
Penske Automotive Group
PAG
$14.2B
| $180M | 0.07% |
3,801,366
+285,679
| +8% | +$13M |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.