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 | |
|---|---|---|---|---|---|---|
|
RTW
2851
DELISTED
RTW Retailwinds, Inc.
RTW
| $2.02M | ﹤0.01% |
2,524,982
-110,256
| -4% | -$139K |
|
|
BPMC
2852
DELISTED
Blueprint Medicines
BPMC
| $2.01M | ﹤0.01% |
25,097
-462
| -2% | -$34.6K |
|
2853
First Community Corp
FCCO
$316M
| $1.99M | ﹤0.01% |
92,231
| – | – |
|
2854
Airgain
AIRG
$69.8M
| $1.99M | ﹤0.01% |
186,043
+7,620
| +4% | +$80K |
|
|
STXB
2855
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $1.99M | ﹤0.01% |
86,331
+35,680
| +70% | +$785K |
|
|
CATC
2856
DELISTED
CAMBRIDGE BANCORP
CATC
| $1.99M | ﹤0.01% |
24,761
+1,359
| +6% | +$106K |
|
2857
VICI Properties
VICI
$27B
| $1.97M | ﹤0.01% |
77,007
+3,536
| +5% | +$85.5K |
|
2858
Chicago Rivet & Machine Co
CVR
$9.52M
| $1.96M | ﹤0.01% |
76,012
-1,074
| -1% | -$28.3K |
|
2859
Ericsson
ERIC
$32.7B
| $1.94M | ﹤0.01% |
220,715
-41,649
| -16% | -$369K |
|
2860
Q2 Holdings
QTWO
$3.71B
| $1.94M | ﹤0.01% |
23,868
-640
| -3% | -$49.2K |
|
2861
First Majestic Silver
AG
$9.03B
| $1.93M | ﹤0.01% |
157,375
| – | – |
|
|
MBCN
2862
DELISTED
Middlefield Banc Corp
MBCN
| $1.92M | ﹤0.01% |
73,392
| – | – |
|
2863
FreightCar America
RAIL
$236M
| $1.91M | ﹤0.01% |
923,707
-105,498
| -10% | -$317K |
|
2864
Arcus Biosciences
RCUS
$3.14B
| $1.91M | ﹤0.01% |
188,716
+120,656
| +177% | +$1.01M |
|
2865
Angi Inc
ANGI
$215M
| $1.89M | ﹤0.01% |
22,309
+66
| +0.3% | +$4.93K |
|
|
TBCH
2866
Turtle Beach Corp
TBCH
$225M
| $1.87M | ﹤0.01% |
198,268
| – | – |
|
|
TECX
2867
Tectonic Therapeutic
TECX
$546M
| $1.87M | ﹤0.01% |
7,749
+1,798
| +30% | +$347K |
|
2868
Paysign
PAYS
$667M
| $1.85M | ﹤0.01% |
181,879
-2,321
| -1% | -$24.4K |
|
|
CASA
2869
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.85M | ﹤0.01% |
451,294
+35,757
| +9% | +$171K |
|
|
GOGL
2870
DELISTED
Golden Ocean Group
GOGL
| $1.83M | ﹤0.01% |
315,132
-2,559
| -0.8% | -$14.7K |
|
|
CSLT
2871
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $1.83M | ﹤0.01% |
1,372,962
-220,976
| -14% | -$308K |
|
2872
Auburn National Bancorp
AUBN
$91.5M
| $1.81M | ﹤0.01% |
34,210
-143
| -0.4% | -$6.38K |
|
2873
Smart Sand
SND
$220M
| $1.81M | ﹤0.01% |
718,928
| – | – |
|
|
PIR
2874
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.81M | ﹤0.01% |
283,038
-5,687
| -2% | -$42.4K |
|
2875
Tandem Diabetes Care
TNDM
$1.22B
| $1.8M | ﹤0.01% |
30,273
-819
| -3% | -$50.5K |
|
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.