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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DRE
301
DELISTED
Duke Realty Corp.
DRE
| $173M | 0.07% |
5,479,093
+6,704
| +0.1% | +$207K |
|
302
ABM Industries
ABM
$2.93B
| $173M | 0.07% |
4,320,132
-61,798
| -1% | -$2.35M |
|
303
Toll Brothers
TOL
$12.4B
| $172M | 0.07% |
4,695,368
-37,575
| -0.8% | -$1.4M |
|
304
DaVita
DVA
$12.2B
| $172M | 0.07% |
3,051,313
+405,536
| +15% | +$21M |
|
|
BECN
305
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $171M | 0.07% |
4,664,870
+202,056
| +5% | +$7.32M |
|
306
Reinsurance Group of America
RGA
$16.2B
| $171M | 0.07% |
1,093,849
-33,337
| -3% | -$4.99M |
|
307
Assurant
AIZ
$14.1B
| $171M | 0.07% |
1,604,215
-336,447
| -17% | -$33.2M |
|
308
Insight Enterprises
NSIT
$4.72B
| $170M | 0.07% |
2,916,764
-22,285
| -0.8% | -$1.24M |
|
|
MDC
309
DELISTED
M.D.C. Holdings, Inc.
MDC
| $170M | 0.07% |
5,591,799
+61,829
| +1% | +$1.82M |
|
310
ON Semiconductor
ON
$28.5B
| $170M | 0.07% |
8,392,421
+526,554
| +7% | +$10.9M |
|
311
Universal Health Services
UHS
$10.4B
| $170M | 0.07% |
1,300,563
-3,191
| -0.2% | -$402K |
|
|
PBCT
312
DELISTED
People's United Financial Inc
PBCT
| $169M | 0.07% |
10,101,476
+191,388
| +2% | +$3.18M |
|
313
Jabil
JBL
$31B
| $169M | 0.07% |
5,360,648
-200,465
| -4% | -$5.76M |
|
314
Atlantic Union Bankshares
AUB
$5.7B
| $169M | 0.07% |
4,788,319
+44,353
| +0.9% | +$1.54M |
|
315
Sun Communities
SUI
$14.3B
| $169M | 0.07% |
1,318,556
+66,839
| +5% | +$8.3M |
|
316
Best Buy
BBY
$19.6B
| $168M | 0.07% |
2,412,986
+17,833
| +0.7% | +$1.24M |
|
317
Becton Dickinson
BDX
$50.6B
| $168M | 0.07% |
683,184
+102,180
| +18% | +$23.7M |
|
318
Vornado Realty Trust
VNO
$6.45B
| $168M | 0.07% |
2,616,823
+16,125
| +0.6% | +$1.08M |
|
|
SC
319
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $168M | 0.07% |
7,000,575
+143,342
| +2% | +$3.19M |
|
320
Meritage Homes
MTH
$4.29B
| $168M | 0.07% |
6,532,092
-10,608
| -0.2% | -$268K |
|
321
Oceaneering
OII
$4.75B
| $167M | 0.07% |
8,212,735
+43,721
| +0.5% | +$774K |
|
322
Progressive
PGR
$129B
| $167M | 0.07% |
2,094,010
-156,853
| -7% | -$12.1M |
|
323
Steel Dynamics
STLD
$34.3B
| $167M | 0.06% |
5,518,388
+537,945
| +11% | +$16.5M |
|
324
Banco Bradesco
BBD
$37B
| $167M | 0.06% |
22,586,755
-250,549
| -1% | -$1.71M |
|
325
Loews
L
$22.3B
| $166M | 0.06% |
3,041,990
-1,609
| -0.1% | -$82.6K |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.