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 | |
|---|---|---|---|---|---|---|
|
SMAR
2951
DELISTED
Smartsheet Inc.
SMAR
| $842K | ﹤0.01% |
20,295
+10,835
| +115% | +$492K |
|
2952
KLX Energy Services
KLXE
$45M
| $839K | ﹤0.01% |
239,747
+269
| +0.1% | +$4.33K |
|
|
STRR
2953
Star Equity Holdings
STRR
$39.9M
| $831K | ﹤0.01% |
97,167
| – | – |
|
|
INFI
2954
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $830K | ﹤0.01% |
990,585
| – | – |
|
|
DZSI
2955
DELISTED
DZS Inc. Common Stock
DZSI
| $826K | ﹤0.01% |
197,300
+6,317
| +3% | +$48.3K |
|
2956
Standard BioTools
LAB
$340M
| $821K | ﹤0.01% |
323,271
+72,756
| +29% | +$239K |
|
|
RNET
2957
DELISTED
RigNet, Inc.
RNET
| $819K | ﹤0.01% |
454,879
-51,711
| -10% | -$206K |
|
2958
Fulgent Genetics
FLGT
$470M
| $817K | ﹤0.01% |
75,934
| – | – |
|
2959
Berkshire Hathaway Class A
BRK.A
$1.1T
| $816K | ﹤0.01% |
3
| – | – |
|
|
CIZN
2960
DELISTED
Citizens Holding Co.
CIZN
| $815K | ﹤0.01% |
40,525
+2,343
| +6% | +$48.5K |
|
2961
EVI Industries
EVI
$181M
| $814K | ﹤0.01% |
50,298
| – | – |
|
2962
Pro-Dex
PDEX
$187M
| $811K | ﹤0.01% |
50,101
| – | – |
|
2963
James Hardie Industries
JHX
$15.3B
| $796K | ﹤0.01% |
66,417
| – | – |
|
2964
Funko
FNKO
$326M
| $794K | ﹤0.01% |
199,111
+175,403
| +740% | +$1.79M |
|
|
SREV
2965
DELISTED
ServiceSource International, Inc.
SREV
| $792K | ﹤0.01% |
903,286
| – | – |
|
|
BHR
2966
Braemar Hotels & Resorts
BHR
$156M
| $791K | ﹤0.01% |
465,285
-3,214
| -0.7% | -$21.3K |
|
2967
John Wiley & Sons Class B
WLYB
$2.71B
| $784K | ﹤0.01% |
20,828
| – | – |
|
2968
Sonida Senior Living
SNDA
$1.91B
| $781K | ﹤0.01% |
89,746
-9,905
| -10% | -$338K |
|
2969
FreightCar America
RAIL
$261M
| $778K | ﹤0.01% |
836,903
-86,804
| -9% | -$130K |
|
2970
Descartes Systems
DSGX
$6.44B
| $773K | ﹤0.01% |
22,482
+4,300
| +24% | +$179K |
|
2971
Grocery Outlet
GO
$909M
| $771K | ﹤0.01% |
22,439
+14,006
| +166% | +$456K |
|
2972
McEwen Inc
MUX
$1.03B
| $770K | ﹤0.01% |
116,566
-774
| -0.7% | -$7.98K |
|
|
LEVL
2973
DELISTED
Level One Bancorp, Inc. Common Stock
LEVL
| $764K | ﹤0.01% |
42,444
+2,391
| +6% | +$55.6K |
|
2974
Bel Fuse Inc Class A
BELFA
$3.17B
| $757K | ﹤0.01% |
108,154
-2,166
| -2% | -$25.4K |
|
2975
Clear Channel Outdoor Holdings
CCO
$1.23B
| $755K | ﹤0.01% |
1,179,231
+244,462
| +26% | +$520K |
|
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.