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 | |
|---|---|---|---|---|---|---|
2976
Eagle Bancorp Montana
EBMT
$180M
| $1.17M | ﹤0.01% |
54,834
+1,055
| +2% | +$20.8K |
|
|
SWCH
2977
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $1.17M | ﹤0.01% |
79,051
+15,093
| +24% | +$229K |
|
2978
The Joint Corp
JYNT
$120M
| $1.17M | ﹤0.01% |
72,417
+13,250
| +22% | +$241K |
|
2979
Sumitomo Mitsui Financial
SMFG
$169B
| $1.17M | ﹤0.01% |
157,598
-1,500
| -0.9% | -$10.8K |
|
|
PHLT
2980
DELISTED
Performant Healthcare Inc
PHLT
| $1.17M | ﹤0.01% |
1,141,949
-10,802
| -0.9% | -$10.4K |
|
|
STRR
2981
Star Equity Holdings
STRR
$36.9M
| $1.16M | ﹤0.01% |
97,167
-2,881
| -3% | -$34.7K |
|
2982
Hudbay
HBM
$11.4B
| $1.16M | ﹤0.01% |
279,418
-58,043
| -17% | -$210K |
|
2983
Network-1 Technologies
NTIP
$37M
| $1.15M | ﹤0.01% |
526,039
-6,845
| -1% | -$15.1K |
|
|
KL
2984
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.15M | ﹤0.01% |
26,024
+2,500
| +11% | +$111K |
|
|
PLYM
2985
DELISTED
Plymouth Industrial REIT
PLYM
| $1.12M | ﹤0.01% |
61,051
+37,041
| +154% | +$682K |
|
|
NCSM
2986
DELISTED
NCS Multistage Holdings
NCSM
| $1.12M | ﹤0.01% |
26,667
+839
| +3% | +$36.7K |
|
|
BRT
2987
BRT Apartments
BRT
$265M
| $1.11M | ﹤0.01% |
65,681
+8,543
| +15% | +$144K |
|
2988
AMREP Corp
AXR
$118M
| $1.11M | ﹤0.01% |
185,623
| – | – |
|
2989
Champions Oncology
CSBR
$65M
| $1.11M | ﹤0.01% |
133,253
-22,245
| -14% | -$137K |
|
|
AENZ
2990
DELISTED
Aenza S.A.A.
AENZ
| $1.1M | ﹤0.01% |
148,928
-5,512
| -4% | -$37.1K |
|
|
CLUB
2991
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $1.1M | ﹤0.01% |
643,386
-42,349
| -6% | -$73.4K |
|
2992
Atlantic American Corp
AAME
$26.9M
| $1.1M | ﹤0.01% |
583,911
-7,228
| -1% | -$14.7K |
|
2993
Americold
COLD
$4.22B
| $1.07M | ﹤0.01% |
30,435
+1,817
| +6% | +$66.9K |
|
2994
Ceragon Networks
CRNT
$184M
| $1.05M | ﹤0.01% |
500,905
-6,909
| -1% | -$15.5K |
|
|
NBRV
2995
DELISTED
Nabriva Therapeutics plc Ordinary Shares Ireland
NBRV
| $1.05M | ﹤0.01% |
3,180
-670
| -17% | -$307K |
|
2996
Esquire Financial Holdings
ESQ
$1.46B
| $1.04M | ﹤0.01% |
40,061
+10,441
| +35% | +$255K |
|
|
TBHC
2997
DELISTED
The Brand House Collective
TBHC
| $1.04M | ﹤0.01% |
838,616
-284,196
| -25% | -$380K |
|
2998
Lee Enterprises
LEE
$161M
| $1.03M | ﹤0.01% |
72,575
-1,078
| -1% | -$19.2K |
|
2999
Union Bankshares
UNB
$117M
| $1.03M | ﹤0.01% |
28,418
| – | – |
|
3000
NetSol Technologies
NTWK
$50.7M
| $1.03M | ﹤0.01% |
256,615
-1,760
| -0.7% | -$8.12K |
|
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.