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 | |
|---|---|---|---|---|---|---|
2801
Americold
COLD
$4.02B
| $1.46M | ﹤0.01% |
42,847
+12,412
| +41% | +$416K |
|
|
CATC
2802
DELISTED
CAMBRIDGE BANCORP
CATC
| $1.46M | ﹤0.01% |
28,062
+3,301
| +13% | +$225K |
|
2803
VICI Properties
VICI
$29B
| $1.46M | ﹤0.01% |
87,536
+10,529
| +14% | +$246K |
|
|
JMEI
2804
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $1.44M | ﹤0.01% |
78,170
+28,401
| +57% | +$508K |
|
2805
MVB Financial
MVBF
$397M
| $1.44M | ﹤0.01% |
113,013
+20,997
| +23% | +$388K |
|
2806
Ericsson
ERIC
$32.2B
| $1.44M | ﹤0.01% |
177,455
-43,260
| -20% | -$354K |
|
2807
Eldorado Gold
EGO
$7.87B
| $1.44M | ﹤0.01% |
232,624
+71,996
| +45% | +$542K |
|
|
LUB
2808
DELISTED
Luby's Inc.
LUB
| $1.43M | ﹤0.01% |
2,135,710
-15,602
| -0.7% | -$30.9K |
|
|
BPMC
2809
DELISTED
Blueprint Medicines
BPMC
| $1.43M | ﹤0.01% |
24,439
-658
| -3% | -$42.3K |
|
2810
Moderna
MRNA
$21.8B
| $1.43M | ﹤0.01% |
47,657
+14,201
| +42% | +$327K |
|
2811
ORIX
IX
$44B
| $1.42M | ﹤0.01% |
120,220
-4,370
| -4% | -$69K |
|
2812
Aviat Networks
AVNW
$265M
| $1.41M | ﹤0.01% |
332,728
+746
| +0.2% | +$4.56K |
|
|
PYX
2813
DELISTED
Pyxus International, Inc.
PYX
| $1.39M | ﹤0.01% |
447,361
-26,062
| -6% | -$138K |
|
2814
Rayonier
RYN
$6.55B
| $1.39M | ﹤0.01% |
64,999
+9,205
| +16% | +$232K |
|
2815
National Bankshares
NKSH
$259M
| $1.39M | ﹤0.01% |
43,488
+3,628
| +9% | +$139K |
|
|
STXB
2816
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $1.39M | ﹤0.01% |
133,938
+47,607
| +55% | +$875K |
|
|
MACK
2817
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $1.38M | ﹤0.01% |
643,886
-29,244
| -4% | -$85.5K |
|
2818
Airgain
AIRG
$73.4M
| $1.38M | ﹤0.01% |
186,958
+915
| +0.5% | +$7.96K |
|
|
SCX
2819
DELISTED
The L.S. Starrett Company
SCX
| $1.37M | ﹤0.01% |
423,732
-2,810
| -0.7% | -$13.6K |
|
|
DL
2820
DELISTED
China Distance Education Holdings Limited
DL
| $1.37M | ﹤0.01% |
205,060
+57,721
| +39% | +$481K |
|
|
ZNH
2821
DELISTED
China Southern Airlines Company Limited
ZNH
| $1.37M | ﹤0.01% |
62,921
-8,083
| -11% | -$227K |
|
|
VRN
2822
DELISTED
Veren
VRN
| $1.36M | ﹤0.01% |
1,769,993
| – | – |
|
|
MMAC
2823
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.36M | ﹤0.01% |
54,896
+1,740
| +3% | +$51.8K |
|
2824
Ark Restaurants
ARKR
$20.4M
| $1.35M | ﹤0.01% |
127,602
+278
| +0.2% | +$5.31K |
|
2825
RF Industries
RFIL
$134M
| $1.35M | ﹤0.01% |
339,824
| – | – |
|
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.