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 | |
|---|---|---|---|---|---|---|
701
Barclays
BCS
$91B
| $69.4M | 0.04% |
15,311,782
+432,638
| +3% | +$3.34M |
|
702
Group 1 Automotive
GPI
$4.17B
| $69.3M | 0.04% |
1,566,701
-25,574
| -2% | -$2.15M |
|
703
Consolidated Edison
ED
$41.3B
| $69.2M | 0.04% |
886,323
-49,021
| -5% | -$4.3M |
|
704
Synopsys
SNPS
$73.5B
| $69.1M | 0.04% |
536,871
+5,121
| +1% | +$728K |
|
|
JNPR
705
DELISTED
Juniper Networks
JNPR
| $69M | 0.04% |
3,603,582
-207,883
| -5% | -$4.67M |
|
|
ETFC
706
DELISTED
E*Trade Financial Corporation
ETFC
| $68.9M | 0.04% |
2,007,534
-22,500
| -1% | -$951K |
|
707
EnerSys
ENS
$6.69B
| $68.8M | 0.04% |
1,390,088
+4,243
| +0.3% | +$277K |
|
|
LSI
708
DELISTED
Life Storage, Inc.
LSI
| $68.8M | 0.04% |
1,091,397
-6,110
| -0.6% | -$437K |
|
709
Watts Water Technologies
WTS
$11.6B
| $68.5M | 0.04% |
808,696
-68,193
| -8% | -$6.53M |
|
710
Newell Brands
NWL
$2.24B
| $68.4M | 0.04% |
5,150,290
-1,189,186
| -19% | -$20.5M |
|
711
Citizens Financial Group
CFG
$30.8B
| $68.4M | 0.04% |
3,635,354
+483,999
| +15% | +$15.8M |
|
712
American Eagle Outfitters
AEO
$3.04B
| $68.3M | 0.04% |
8,592,120
+485,057
| +6% | +$6.16M |
|
|
PPBI
713
DELISTED
Pacific Premier Bancorp
PPBI
| $68.2M | 0.04% |
3,621,000
+143,773
| +4% | +$3.83M |
|
714
Arthur J. Gallagher & Co
AJG
$68.2B
| $68.2M | 0.04% |
836,442
-11,146
| -1% | -$1.07M |
|
715
Genuine Parts
GPC
$17.9B
| $68.1M | 0.04% |
1,012,030
+62,084
| +7% | +$5.53M |
|
716
ACI Worldwide
ACIW
$6.1B
| $68.1M | 0.04% |
2,818,889
-74,436
| -3% | -$2.38M |
|
717
OneMain Financial
OMF
$7.19B
| $67.9M | 0.04% |
3,552,035
+15,379
| +0.4% | +$573K |
|
|
CADE
718
DELISTED
Cadence Bank
CADE
| $67.9M | 0.04% |
3,588,407
-272,537
| -7% | -$7.2M |
|
719
Illumina
ILMN
$29.2B
| $67.9M | 0.04% |
255,517
+2,603
| +1% | +$728K |
|
|
CORE
720
DELISTED
Core Mark Holding Co., Inc.
CORE
| $67.9M | 0.04% |
2,375,615
-10,399
| -0.4% | -$258K |
|
|
BMCH
721
DELISTED
BMC Stock Holdings, Inc
BMCH
| $67.8M | 0.04% |
3,826,794
+6,428
| +0.2% | +$168K |
|
722
OSI Systems
OSIS
$3.64B
| $67.8M | 0.04% |
983,355
-37,523
| -4% | -$3.21M |
|
723
VeriSign
VRSN
$25.4B
| $67.7M | 0.04% |
375,742
+4,449
| +1% | +$875K |
|
|
PACW
724
DELISTED
PacWest Bancorp
PACW
| $67.7M | 0.04% |
3,777,153
+98,354
| +3% | +$3.08M |
|
|
TERP
725
DELISTED
TerraForm Power, Inc
TERP
| $67.7M | 0.04% |
4,291,703
+203,859
| +5% | +$3.55M |
|
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.