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 | |
|---|---|---|---|---|---|---|
3226
Grocery Outlet
GO
$1.14B
| $274K | ﹤0.01% |
8,433
-264
| -3% | -$8.49K |
|
3227
Identive
INVE
$63M
| $273K | ﹤0.01% |
48,337
+4,442
| +10% | +$22.5K |
|
3228
J.W. Mays
MAYS
| $268K | ﹤0.01% |
8,871
| – | – |
|
|
STRR
3229
DELISTED
Star Equity Holdings
STRR
| $267K | ﹤0.01% |
20,698
-55
| -0.3% | -$976 |
|
3230
AudioCodes
AUDC
$238M
| $266K | ﹤0.01% |
+10,357
| New | +$227K |
|
|
MRTX
3231
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $264K | ﹤0.01% |
2,048
-71,017
| -97% | -$6.85M |
|
3232
Avalon Holdings
AWX
$10.1M
| $263K | ﹤0.01% |
136,830
-5,571
| -4% | -$11.6K |
|
|
RIBT
3233
DELISTED
RiceBran Technologies
RIBT
| $263K | ﹤0.01% |
17,922
+574
| +3% | +$13.5K |
|
3234
Digimarc Corp
DMRC
$113M
| $262K | ﹤0.01% |
7,793
| – | – |
|
3235
First Guaranty Bancshares
FGBI
$139M
| $262K | ﹤0.01% |
+13,235
| New | +$236K |
|
3236
iQIYI
IQ
$965M
| $262K | ﹤0.01% |
12,420
-640
| -5% | -$11.8K |
|
3237
Pinterest
PINS
$10.6B
| $260K | ﹤0.01% |
13,924
+499
| +4% | +$10.8K |
|
3238
Koss Corp
KOSS
$32.2M
| $257K | ﹤0.01% |
167,051
| – | – |
|
3239
Greene County Bancorp
GCBC
$613M
| $256K | ﹤0.01% |
17,790
+2,052
| +13% | +$28.7K |
|
|
QES
3240
DELISTED
Quintana Energy Services Inc.
QES
| $251K | ﹤0.01% |
89,264
| – | – |
|
|
TSRI
3241
DELISTED
TSR Inc. New
TSRI
| $251K | ﹤0.01% |
70,264
-315
| -0.4% | -$1.06K |
|
3242
Gogo Inc
GOGO
$348M
| $244K | ﹤0.01% |
+38,139
| New | +$222K |
|
|
ZYXI
3243
DELISTED
Zynex
ZYXI
| $239K | ﹤0.01% |
33,438
| – | – |
|
|
MDLA
3244
DELISTED
Medallia, Inc.
MDLA
| $238K | ﹤0.01% |
7,647
-131
| -2% | -$3.87K |
|
3245
Business First Bancshares
BFST
$1.02B
| $236K | ﹤0.01% |
+9,457
| New | +$232K |
|
3246
Virgin Galactic
SPCE
$461M
| $235K | ﹤0.01% |
+1,017
| New | +$199K |
|
3247
FVCBankcorp
FVCB
$334M
| $231K | ﹤0.01% |
+16,498
| New | +$228K |
|
|
ESBK
3248
DELISTED
Elmira Savings Bank Elmira NY
ESBK
| $226K | ﹤0.01% |
14,996
| – | – |
|
3249
DLH Holdings
DLHC
$52.6M
| $224K | ﹤0.01% |
53,438
| – | – |
|
|
FFBW
3250
DELISTED
FFBW, Inc. Common Stock
FFBW
| $223K | ﹤0.01% |
22,617
| – | – |
|
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.