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 | |
|---|---|---|---|---|---|---|
2901
Federal Agricultural Mortgage Class A
AGM.A
| $979K | ﹤0.01% |
20,416
-812
| -4% | -$48.4K |
|
|
CWBC
2902
DELISTED
Community West BanCshares
CWBC
| $974K | ﹤0.01% |
159,953
-591
| -0.4% | -$5.8K |
|
2903
Core Molding Technologies
CMT
$202M
| $973K | ﹤0.01% |
631,777
| – | – |
|
2904
Farmers & Merchants Bancorp
FMAO
$459M
| $973K | ﹤0.01% |
37,562
+4,519
| +14% | +$124K |
|
|
ASNA
2905
DELISTED
Ascena Retail Group, Inc.
ASNA
| $973K | ﹤0.01% |
699,697
+4,003
| +0.6% | +$17.2K |
|
|
BDSI
2906
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $973K | ﹤0.01% |
256,668
+101,624
| +66% | +$499K |
|
2907
IAMGOLD
IAG
$8.2B
| $970K | ﹤0.01% |
425,631
+262,734
| +161% | +$763K |
|
2908
Transact Technologies
TACT
$53.2M
| $970K | ﹤0.01% |
311,765
-1,808
| -0.6% | -$16.5K |
|
2909
Eagle Bancorp Montana
EBMT
$187M
| $961K | ﹤0.01% |
59,300
+4,466
| +8% | +$86.7K |
|
2910
AudioCodes
AUDC
$244M
| $955K | ﹤0.01% |
39,969
+29,612
| +286% | +$687K |
|
|
PHLT
2911
DELISTED
Performant Healthcare Inc
PHLT
| $952K | ﹤0.01% |
1,057,271
-84,678
| -7% | -$86.9K |
|
2912
Upwork
UPWK
$1.13B
| $951K | ﹤0.01% |
147,447
+71,327
| +94% | +$612K |
|
|
SWIR
2913
DELISTED
Sierra Wireless
SWIR
| $951K | ﹤0.01% |
167,377
+25,281
| +18% | +$210K |
|
2914
Forum Energy Technologies
FET
$708M
| $948K | ﹤0.01% |
267,399
-15,188
| -5% | -$282K |
|
2915
SK Telecom
SKM
$12.1B
| $942K | ﹤0.01% |
35,145
-57,395
| -62% | -$1.91M |
|
2916
Paysign
PAYS
$501M
| $938K | ﹤0.01% |
181,879
| – | – |
|
2917
Adaptive Biotechnologies
ADPT
$3.59B
| $937K | ﹤0.01% |
+33,723
| New | +$941K |
|
|
AERI
2918
DELISTED
Aerie Pharmaceuticals
AERI
| $935K | ﹤0.01% |
69,225
+46,011
| +198% | +$873K |
|
|
MGI
2919
DELISTED
MoneyGram International, Inc. New
MGI
| $928K | ﹤0.01% |
708,540
-30,032
| -4% | -$63.2K |
|
2920
Avantor
AVTR
$9.32B
| $926K | ﹤0.01% |
74,114
+38,795
| +110% | +$622K |
|
2921
Corvus Pharmaceuticals
CRVS
$1.12B
| $925K | ﹤0.01% |
438,383
-16,288
| -4% | -$66.1K |
|
|
VOLT
2922
DELISTED
Volt Information Sciences, Inc.
VOLT
| $921K | ﹤0.01% |
1,137,267
| – | – |
|
2923
Red Violet
RDVT
$979M
| $919K | ﹤0.01% |
51,028
+856
| +2% | +$17.6K |
|
|
KL
2924
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $918K | ﹤0.01% |
31,024
+5,000
| +19% | +$183K |
|
|
APHA
2925
DELISTED
Aphria Inc. Common Shares
APHA
| $918K | ﹤0.01% |
+300,100
| New | +$1.2M |
|
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.