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 | |
|---|---|---|---|---|---|---|
2876
InfuSystem Holdings
INFU
$249M
| $1.8M | ﹤0.01% |
211,265
-5,561
| -3% | -$40.9K |
|
|
TCFC
2877
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.8M | ﹤0.01% |
50,650
-371
| -0.7% | -$12.6K |
|
|
SFIX
2878
Stitch Fix
SFIX
$392M
| $1.79M | ﹤0.01% |
69,913
| – | – |
|
2879
National Bankshares
NKSH
$274M
| $1.79M | ﹤0.01% |
39,860
+4,302
| +12% | +$185K |
|
|
CWBC
2880
DELISTED
Community West BanCshares
CWBC
| $1.78M | ﹤0.01% |
160,544
| – | – |
|
|
ALLK
2881
DELISTED
Allakos
ALLK
| $1.78M | ﹤0.01% |
18,646
+5,183
| +38% | +$456K |
|
2882
NI Holdings
NODK
$313M
| $1.78M | ﹤0.01% |
103,271
+8,146
| +9% | +$140K |
|
2883
Vaalco Energy
EGY
$659M
| $1.77M | ﹤0.01% |
795,758
+18,968
| +2% | +$37.6K |
|
2884
Halozyme
HALO
$12.3B
| $1.77M | ﹤0.01% |
99,636
-9,183
| -8% | -$159K |
|
2885
KALA BIO
KALA
$10.2M
| $1.77M | ﹤0.01% |
192
-2
| -1% | -$19.3K |
|
2886
Bel Fuse Inc Class A
BELFA
$2.8B
| $1.76M | ﹤0.01% |
110,320
| – | – |
|
|
SAL
2887
DELISTED
Salisbury Bancorp, Inc.
SAL
| $1.76M | ﹤0.01% |
77,238
+1,800
| +2% | +$37.5K |
|
|
LBY
2888
DELISTED
Libbey, Inc.
LBY
| $1.76M | ﹤0.01% |
1,214,757
-123,586
| -9% | -$232K |
|
2889
Data I/O
DAIO
$29.2M
| $1.76M | ﹤0.01% |
419,416
-14,028
| -3% | -$56.2K |
|
2890
Ironwood Pharmaceuticals
IRWD
$691M
| $1.75M | ﹤0.01% |
+131,795
| New | +$1.45M |
|
|
SALM
2891
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
| $1.74M | ﹤0.01% |
1,207,658
-32,173
| -3% | -$48.1K |
|
2892
CareDx
CDNA
$2.8B
| $1.73M | ﹤0.01% |
80,141
+7,556
| +10% | +$173K |
|
2893
Beasley Broadcasting Group
BBGI
$30.7M
| $1.73M | ﹤0.01% |
27,921
+228
| +0.8% | +$13.4K |
|
2894
Woori Financial
WF
$19.5B
| $1.73M | ﹤0.01% |
57,036
-12,530
| -18% | -$384K |
|
2895
Destination XL Group
DXLG
$34.4M
| $1.71M | ﹤0.01% |
1,334,227
-92,144
| -6% | -$130K |
|
2896
Rocky Mountain Chocolate Factory
RMCF
$8.32M
| $1.7M | ﹤0.01% |
183,847
-2,192
| -1% | -$19.6K |
|
|
DZSI
2897
DELISTED
DZS Inc. Common Stock
DZSI
| $1.69M | ﹤0.01% |
190,983
+30,288
| +19% | +$239K |
|
|
MMAC
2898
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.69M | ﹤0.01% |
53,156
-703
| -1% | -$22.2K |
|
|
GDP
2899
DELISTED
Goodrich Petroleum Corporation Common Stock
GDP
| $1.67M | ﹤0.01% |
166,187
-1,653
| -1% | -$16.1K |
|
2900
Mammoth Energy Services
TUSK
$145M
| $1.66M | ﹤0.01% |
754,451
-79,682
| -10% | -$143K |
|
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.