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 | |
|---|---|---|---|---|---|---|
2826
Citizens Community Bancorp
CZWI
$212M
| $1.35M | ﹤0.01% |
208,669
+7,813
| +4% | +$83.7K |
|
2827
Auburn National Bancorp
AUBN
$91.3M
| $1.34M | ﹤0.01% |
34,210
| – | – |
|
|
AC
2828
DELISTED
Associated Capital Group
AC
| $1.34M | ﹤0.01% |
43,965
+9,100
| +26% | +$365K |
|
|
FCBP
2829
DELISTED
First Choice Bancorp Common Stock
FCBP
| $1.34M | ﹤0.01% |
88,971
+13,377
| +18% | +$300K |
|
2830
AMCON Distributing
DIT
| $1.33M | ﹤0.01% |
31,613
| – | – |
|
2831
Ecopetrol
EC
$34.5B
| $1.32M | ﹤0.01% |
138,471
-364,898
| -72% | -$6.04M |
|
|
MLVF
2832
DELISTED
Malvern Bancorp, Inc.
MLVF
| $1.31M | ﹤0.01% |
106,689
+1,794
| +2% | +$34.4K |
|
|
RRD
2833
DELISTED
RR Donnelley & Sons Co.
RRD
| $1.3M | ﹤0.01% |
1,357,202
-105,122
| -7% | -$254K |
|
|
KALV
2834
DELISTED
KalVista Pharmaceuticals
KALV
| $1.29M | ﹤0.01% |
168,842
+48,034
| +40% | +$648K |
|
|
BWL.A
2835
DELISTED
Bowl America Incorporated
BWL.A
| $1.29M | ﹤0.01% |
148,472
-2,381
| -2% | -$29.6K |
|
2836
Innovative Solutions & Support
ISSC
$327M
| $1.29M | ﹤0.01% |
403,392
+4,998
| +1% | +$25.5K |
|
|
STCN
2837
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $1.27M | ﹤0.01% |
181,070
-3,015
| -2% | -$37.8K |
|
2838
American Superconductor
AMSC
$1.42B
| $1.27M | ﹤0.01% |
231,400
+33,077
| +17% | +$227K |
|
|
MR
2839
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.26M | ﹤0.01% |
562,164
+135,094
| +32% | +$515K |
|
|
PLYM
2840
DELISTED
Plymouth Industrial REIT
PLYM
| $1.26M | ﹤0.01% |
117,779
+56,728
| +93% | +$973K |
|
2841
SB Financial Group
SBFG
$164M
| $1.26M | ﹤0.01% |
118,751
+1,292
| +1% | +$21.4K |
|
2842
Apyx Medical
APYX
$173M
| $1.25M | ﹤0.01% |
347,294
+40,532
| +13% | +$272K |
|
2843
CPI Aerostructures
CVU
$66.2M
| $1.25M | ﹤0.01% |
554,393
-65,349
| -11% | -$295K |
|
|
TBCH
2844
Turtle Beach Corp
TBCH
$243M
| $1.24M | ﹤0.01% |
198,268
| – | – |
|
2845
Atlantic American Corp
AAME
$31.4M
| $1.23M | ﹤0.01% |
583,911
| – | – |
|
2846
Hallador Energy
HNRG
$670M
| $1.23M | ﹤0.01% |
1,296,376
-60,116
| -4% | -$96.1K |
|
|
ARAV
2847
DELISTED
Aravive, Inc. Common Stock
ARAV
| $1.23M | ﹤0.01% |
213,134
+25,872
| +14% | +$232K |
|
|
SFIX
2848
Stitch Fix
SFIX
$536M
| $1.22M | ﹤0.01% |
96,370
+26,457
| +38% | +$574K |
|
2849
Itaú Unibanco
ITUB
$93.2B
| $1.21M | ﹤0.01% |
369,113
-697
| -0.2% | -$3.57K |
|
|
SAL
2850
DELISTED
Salisbury Bancorp, Inc.
SAL
| $1.2M | ﹤0.01% |
77,238
| – | – |
|
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.