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 | |
|---|---|---|---|---|---|---|
2901
Rayonier
RYN
$6.05B
| $1.66M | ﹤0.01% |
55,794
-1,767
| -3% | -$48.1K |
|
2902
PTC Therapeutics
PTCT
$5.62B
| $1.66M | ﹤0.01% |
34,525
-57,987
| -63% | -$2.46M |
|
|
CNST
2903
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $1.65M | ﹤0.01% |
+35,018
| New | +$1.01M |
|
2904
Elbit Systems
ESLT
$34.7B
| $1.65M | ﹤0.01% |
10,608
+139
| +1% | +$22.6K |
|
|
APTS
2905
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $1.64M | ﹤0.01% |
+123,415
| New | +$1.7M |
|
2906
Information Services Group
III
$256M
| $1.64M | ﹤0.01% |
647,876
+5,991
| +0.9% | +$14.2K |
|
|
PVBC
2907
DELISTED
Provident Bancorp
PVBC
| $1.63M | ﹤0.01% |
131,234
+3,580
| +3% | +$42.2K |
|
|
SWI
2908
DELISTED
SolarWinds Corporation Common Stock
SWI
| $1.62M | ﹤0.01% |
82,640
+69,938
| +551% | +$1.39M |
|
|
AXAS
2909
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.61M | ﹤0.01% |
229,248
-31,220
| -12% | -$201K |
|
2910
SIGA Technologies
SIGA
$214M
| $1.6M | ﹤0.01% |
334,960
+55,624
| +20% | +$283K |
|
2911
Electromed
ELMD
$222M
| $1.59M | ﹤0.01% |
184,156
+4,850
| +3% | +$38.4K |
|
2912
LGL Group
LGL
$84.8M
| $1.59M | ﹤0.01% |
280,855
| – | – |
|
2913
NXP Semiconductors
NXPI
$56.8B
| $1.58M | ﹤0.01% |
12,454
| – | – |
|
|
CPRX
2914
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.58M | ﹤0.01% |
421,020
+16,990
| +4% | +$79.5K |
|
|
SHI
2915
DELISTED
Sinopec Shanghai Petrochemical Co., Ltd.
SHI
| $1.57M | ﹤0.01% |
51,264
+8,661
| +20% | +$246K |
|
2916
Duluth Holdings
DLTH
$163M
| $1.56M | ﹤0.01% |
148,638
-19,467
| -12% | -$181K |
|
2917
American Superconductor
AMSC
$1.35B
| $1.56M | ﹤0.01% |
198,323
+117,599
| +146% | +$947K |
|
2918
A10 Networks
ATEN
$1.95B
| $1.56M | ﹤0.01% |
226,431
+23,775
| +12% | +$160K |
|
|
UBP
2919
DELISTED
Urstadt Biddle Properties Inc.
UBP
| $1.56M | ﹤0.01% |
78,309
| – | – |
|
|
TPHS
2920
DELISTED
Trinity Place Holdings Inc.com
TPHS
| $1.55M | ﹤0.01% |
516,735
-19,242
| -4% | -$68.6K |
|
|
MGI
2921
DELISTED
MoneyGram International, Inc. New
MGI
| $1.55M | ﹤0.01% |
738,572
-4,832
| -0.6% | -$15.5K |
|
2922
Freshpet
FRPT
$2.99B
| $1.55M | ﹤0.01% |
+26,237
| New | +$1.4M |
|
2923
Pure Cycle
PCYO
$268M
| $1.55M | ﹤0.01% |
122,952
+900
| +0.7% | +$10.6K |
|
|
XNET
2924
Xunlei
XNET
$308M
| $1.55M | ﹤0.01% |
314,912
+5,935
| +2% | +$25.8K |
|
2925
Federal Agricultural Mortgage Class A
AGM.A
| $1.52M | ﹤0.01% |
21,228
-475
| -2% | -$34.6K |
|
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.