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 | |
|---|---|---|---|---|---|---|
|
WCC
601
WESCO International
WCC
$16.1B
| $78M | 0.04% |
3,413,143
-91,567
| -3% | -$3.9M |
|
602
ATN International
ATNI
$370M
| $77.8M | 0.04% |
1,325,135
+2,907
| +0.2% | +$165K |
|
|
VER
603
DELISTED
VEREIT, Inc.
VER
| $77.7M | 0.04% |
3,176,413
-18,442
| -0.6% | -$779K |
|
604
Carpenter Technology
CRS
$27.8B
| $77.6M | 0.04% |
3,981,202
+46,485
| +1% | +$1.73M |
|
605
Bankunited
BKU
$3.39B
| $77.5M | 0.04% |
4,142,765
+302,570
| +8% | +$9.04M |
|
606
Healthcare Realty
HR
$7.58B
| $77.5M | 0.04% |
3,189,796
+53,872
| +2% | +$1.63M |
|
|
GLIBA
607
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $77.4M | 0.04% |
1,357,992
-50,915
| -4% | -$3.46M |
|
608
POSCO
PKX
$15.5B
| $77.4M | 0.04% |
2,371,075
-284,316
| -11% | -$12.1M |
|
|
AJRD
609
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $77.3M | 0.04% |
1,848,844
-12,302
| -0.7% | -$605K |
|
|
MDRX
610
DELISTED
Veradigm Inc. Common Stock
MDRX
| $77.3M | 0.04% |
10,978,362
+618,729
| +6% | +$5.02M |
|
611
Sensata Technologies
ST
$6.8B
| $77.2M | 0.04% |
2,667,959
+120,108
| +5% | +$5.19M |
|
612
Eversource Energy
ES
$28.4B
| $77.1M | 0.04% |
985,566
-50,850
| -5% | -$4.46M |
|
613
Franklin Electric
FELE
$4.85B
| $77.1M | 0.04% |
1,636,270
+2,932
| +0.2% | +$162K |
|
614
Edwards Lifesciences
EW
$48.2B
| $77.1M | 0.04% |
1,225,572
+79,644
| +7% | +$5.74M |
|
615
Columbia Banking Systems
COLB
$8.84B
| $77.1M | 0.04% |
2,875,525
-231,980
| -7% | -$8.15M |
|
616
Matsons
MATX
$6.15B
| $77M | 0.04% |
2,516,223
-16,273
| -0.6% | -$576K |
|
617
WEC Energy
WEC
$37B
| $77M | 0.04% |
873,621
-63,450
| -7% | -$6.1M |
|
618
Douglas Emmett
DEI
$2.01B
| $77M | 0.04% |
2,523,243
-29,274
| -1% | -$1.14M |
|
619
Dick's Sporting Goods
DKS
$18.9B
| $77M | 0.04% |
3,619,352
-234,008
| -6% | -$8.98M |
|
620
ResMed
RMD
$30.3B
| $76.9M | 0.04% |
522,181
-4,082
| -0.8% | -$650K |
|
621
Cadence Design Systems
CDNS
$95.1B
| $76.8M | 0.04% |
1,162,143
-40,513
| -3% | -$2.81M |
|
622
Banner Corp
BANR
$2.4B
| $76.6M | 0.04% |
2,318,085
-67,982
| -3% | -$3.22M |
|
|
PDCO
623
DELISTED
Patterson Companies, Inc.
PDCO
| $76.4M | 0.04% |
4,993,512
+146,445
| +3% | +$3.16M |
|
624
Vodafone
VOD
$37.7B
| $76.3M | 0.04% |
5,541,250
+341,291
| +7% | +$6.1M |
|
625
Unilever
UL
$144B
| $76.1M | 0.04% |
1,338,257
+48,457
| +4% | +$3.04M |
|
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.