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 | |
|---|---|---|---|---|---|---|
|
ACH
2776
DELISTED
Alum Corp of China Ltd
ACH
| $2.78M | ﹤0.01% |
320,189
-8,508
| -3% | -$67.6K |
|
2777
Mastech Digital
MHH
$87.1M
| $2.78M | ﹤0.01% |
250,833
+6,107
| +2% | +$49.2K |
|
|
SYBX
2778
DELISTED
Synlogic
SYBX
| $2.75M | ﹤0.01% |
71,112
-2,988
| -4% | -$101K |
|
|
TRCB
2779
DELISTED
Two River Bancorp
TRCB
| $2.75M | ﹤0.01% |
122,582
-600
| -0.5% | -$12.7K |
|
|
SUNE
2780
SUNation Energy
SUNE
$19M
| $2.73M | ﹤0.01% |
1
| – | – |
|
|
RNWK
2781
DELISTED
RealNetworks Inc
RNWK
| $2.71M | ﹤0.01% |
2,258,051
-75,666
| -3% | -$109K |
|
|
XIN
2782
DELISTED
Xinyuan Real Estate
XIN
| $2.7M | ﹤0.01% |
71,504
+13,466
| +23% | +$531K |
|
|
MNTX
2783
DELISTED
Manitex International, Inc.
MNTX
| $2.7M | ﹤0.01% |
453,255
+18,651
| +4% | +$106K |
|
2784
McCormick & Company Voting
MKC.V
$14.1B
| $2.7M | ﹤0.01% |
31,524
-2
| -0% | -$165 |
|
|
YRD
2785
Yiren Digital
YRD
$85.7M
| $2.68M | ﹤0.01% |
483,338
+169,830
| +54% | +$994K |
|
2786
Chemung Financial Corp
CHMG
$403M
| $2.68M | ﹤0.01% |
62,958
+1,356
| +2% | +$59.3K |
|
2787
Clear Channel Outdoor Holdings
CCO
$1.22B
| $2.67M | ﹤0.01% |
934,769
+62,811
| +7% | +$159K |
|
|
WSO.B
2788
Watsco Inc Class B
WSO.B
| $2.67M | ﹤0.01% |
14,695
| – | – |
|
2789
Teekay
TK
$1.26B
| $2.65M | ﹤0.01% |
499,006
| – | – |
|
2790
Axogen
AXGN
$2.67B
| $2.64M | ﹤0.01% |
147,619
+72,925
| +98% | +$1.08M |
|
2791
Fresenius Medical Care
FMS
$12.2B
| $2.62M | ﹤0.01% |
71,239
-5,000
| -7% | -$177K |
|
2792
MIND Technology
MIND
$37.3M
| $2.61M | ﹤0.01% |
91,058
-329
| -0.4% | -$8.21K |
|
|
DGICB
2793
Donegal Group Class B
DGICB
$837M
| $2.6M | ﹤0.01% |
215,994
-5,376
| -2% | -$68.1K |
|
2794
Apyx Medical
APYX
$127M
| $2.6M | ﹤0.01% |
306,762
-13,491
| -4% | -$97.5K |
|
2795
Comp X International
CIX
$447M
| $2.59M | ﹤0.01% |
177,611
-2,957
| -2% | -$43.2K |
|
2796
AMES National
ATLO
$285M
| $2.58M | ﹤0.01% |
92,125
-500
| -0.5% | -$13.9K |
|
|
UNAM
2797
DELISTED
Unico American Corp
UNAM
| $2.56M | ﹤0.01% |
406,992
-10,271
| -2% | -$66.5K |
|
|
PFSW
2798
DELISTED
PFSweb, Inc.
PFSW
| $2.56M | ﹤0.01% |
670,412
-11,180
| -2% | -$37.9K |
|
|
ARAV
2799
DELISTED
Aravive, Inc. Common Stock
ARAV
| $2.56M | ﹤0.01% |
187,262
+19,295
| +11% | +$171K |
|
|
ITI
2800
DELISTED
Iteris, Inc.
ITI
| $2.55M | ﹤0.01% |
510,899
+95,196
| +23% | +$485K |
|
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.