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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
GSK
GSK
$104B
| $107M | 0.04% |
2,005,488
+134,449
| +7% | +$6.92M |
|
627
Azenta
AZTA
$1.3B
| $107M | 0.04% |
2,884,552
-40,812
| -1% | -$1.48M |
|
628
Stepan Co
SCL
$1.46B
| $107M | 0.04% |
1,099,155
-6,444
| -0.6% | -$611K |
|
629
Boise Cascade
BCC
$2.69B
| $107M | 0.04% |
3,271,536
-10,362
| -0.3% | -$304K |
|
630
Flex
FLEX
$41.7B
| $106M | 0.04% |
13,488,370
+297,810
| +2% | +$2.29M |
|
631
CBIZ
CBZ
$2.99B
| $106M | 0.04% |
4,524,747
-7,336
| -0.2% | -$165K |
|
632
Scholastic
SCHL
$767M
| $106M | 0.04% |
2,812,465
-9,203
| -0.3% | -$323K |
|
633
Minerals Technologies
MTX
$2.36B
| $106M | 0.04% |
1,998,890
+83,536
| +4% | +$4.28M |
|
634
First Merchants
FRME
$2.68B
| $106M | 0.04% |
2,818,304
+334,960
| +13% | +$12.5M |
|
635
Marvell Technology
MRVL
$168B
| $106M | 0.04% |
4,239,912
-21,644
| -0.5% | -$543K |
|
636
G-III Apparel Group
GIII
$1.54B
| $106M | 0.04% |
4,105,587
-24,534
| -0.6% | -$615K |
|
637
Sonoco
SON
$5.57B
| $106M | 0.04% |
1,815,878
-20,743
| -1% | -$1.24M |
|
|
ZNGA
638
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $106M | 0.04% |
18,161,855
-5,029,934
| -22% | -$30.2M |
|
|
SEMG
639
DELISTED
SEMGROUP CORPORATION
SEMG
| $106M | 0.04% |
6,456,689
-230,948
| -3% | -$2.7M |
|
640
Idexx Laboratories
IDXX
$44.1B
| $105M | 0.04% |
387,632
+22,457
| +6% | +$6.25M |
|
641
DNOW Inc
DNOW
$2.58B
| $105M | 0.04% |
9,158,954
-19,191
| -0.2% | -$237K |
|
642
Pediatrix Medical
MD
$2.18B
| $105M | 0.04% |
4,627,455
+454,203
| +11% | +$10.4M |
|
|
ENIA
643
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $105M | 0.04% |
11,484,732
+2,828,880
| +33% | +$23.8M |
|
|
HOLX
644
DELISTED
Hologic
HOLX
| $105M | 0.04% |
2,070,060
-63,891
| -3% | -$3.14M |
|
645
Entegris
ENTG
$18.1B
| $104M | 0.04% |
2,216,902
-185,579
| -8% | -$7.83M |
|
646
Dillards
DDS
$9.19B
| $104M | 0.04% |
1,578,013
-32,749
| -2% | -$2.09M |
|
|
JHG
647
DELISTED
Janus Henderson
JHG
| $104M | 0.04% |
4,638,363
+501,548
| +12% | +$10.4M |
|
648
Qorvo
QRVO
$7.99B
| $104M | 0.04% |
1,403,417
+14,334
| +1% | +$1.04M |
|
|
CCMP
649
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $104M | 0.04% |
734,542
-44,420
| -6% | -$5.48M |
|
|
LTXB
650
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $104M | 0.04% |
2,380,714
-10,235
| -0.4% | -$425K |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-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 Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.