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 | |
|---|---|---|---|---|---|---|
751
Power Integrations
POWI
$3.15B
| $66M | 0.03% |
1,493,410
-5,874
| -0.4% | -$284K |
|
|
JOYY
752
JOYY Inc
JOYY
$3.72B
| $65.9M | 0.03% |
1,238,273
+164,692
| +15% | +$9.56M |
|
753
Arcosa
ACA
$7.13B
| $65.7M | 0.03% |
1,654,222
+144,136
| +10% | +$6.09M |
|
754
Fortive
FTV
$18.2B
| $65.6M | 0.03% |
1,886,244
+131,344
| +7% | +$5.74M |
|
755
Ralph Lauren
RL
$22.2B
| $65.5M | 0.03% |
980,111
+164,826
| +20% | +$17.3M |
|
|
BRKL
756
DELISTED
Brookline Bancorp
BRKL
| $65.5M | 0.03% |
5,803,938
-230,378
| -4% | -$3.29M |
|
757
Edgewell Personal Care
EPC
$1.31B
| $65.4M | 0.03% |
2,717,946
-192,325
| -7% | -$5.75M |
|
758
Autoliv
ALV
$9.11B
| $65.4M | 0.03% |
1,421,958
+29,447
| +2% | +$2.02M |
|
759
Cavco Industries
CVCO
$4.42B
| $65.4M | 0.03% |
450,925
-13,808
| -3% | -$2.71M |
|
|
COR
760
DELISTED
Coresite Realty Corporation
COR
| $65.3M | 0.03% |
563,492
-3,418
| -0.6% | -$381K |
|
761
NOV
NOV
$6.85B
| $65.2M | 0.03% |
6,638,572
+602,588
| +10% | +$11.4M |
|
762
Avery Dennison
AVY
$12.8B
| $65.2M | 0.03% |
639,947
-28,337
| -4% | -$3.47M |
|
763
First Industrial Realty Trust
FR
$8.7B
| $65.2M | 0.03% |
1,960,675
-18,212
| -0.9% | -$723K |
|
|
ENIA
764
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $65.1M | 0.03% |
10,755,361
-394,811
| -4% | -$3.55M |
|
765
Wabtec
WAB
$49.7B
| $65.1M | 0.03% |
1,351,957
+206,535
| +18% | +$14.2M |
|
|
CTB
766
DELISTED
Cooper Tire & Rubber Co.
CTB
| $65.1M | 0.03% |
3,992,205
-82,827
| -2% | -$2.06M |
|
|
UN
767
DELISTED
Unilever NV New York Registry Shares
UN
| $65M | 0.03% |
1,332,111
+53,178
| +4% | +$2.91M |
|
768
AutoZone
AZO
$51.3B
| $64.8M | 0.03% |
76,552
+1,421
| +2% | +$1.48M |
|
769
Ulta Beauty
ULTA
$21.8B
| $64.7M | 0.03% |
368,403
+29,438
| +9% | +$7.34M |
|
|
ANAT
770
DELISTED
American National Group, Inc. Common Stock
ANAT
| $64.6M | 0.03% |
784,295
+25,799
| +3% | +$2.61M |
|
771
Wendy's
WEN
$1.48B
| $64.6M | 0.03% |
4,339,294
+195,666
| +5% | +$3.85M |
|
772
First Commonwealth Financial
FCF
$2.26B
| $64.5M | 0.03% |
7,057,882
-111,595
| -2% | -$1.38M |
|
|
EFOR
773
Everforth Inc
EFOR
$962M
| $64.2M | 0.03% |
1,817,753
+41,635
| +2% | +$2.36M |
|
|
QVCGA
774
DELISTED
QVC Group Inc Series A
QVCGA
| $64.2M | 0.03% |
216,569
+25,796
| +14% | +$9.21M |
|
775
Kimco Realty
KIM
$17.6B
| $64.2M | 0.03% |
6,633,938
-18,116
| -0.3% | -$311K |
|
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.