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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
Ashland
ASH
$3.23B
| $91.4M | 0.04% |
1,143,230
-176,188
| -13% | -$13.6M |
|
|
FLOW
777
DELISTED
SPX FLOW, Inc.
FLOW
| $91.3M | 0.04% |
2,181,508
+60,356
| +3% | +$2.23M |
|
|
PPLI
778
People Inc
PPLI
$2.78B
| $91.1M | 0.04% |
2,342,322
-42,457
| -2% | -$1.69M |
|
779
Darden Restaurants
DRI
$23.6B
| $90.8M | 0.04% |
745,737
+24,417
| +3% | +$2.91M |
|
780
PRA Group
PRAA
$756M
| $90.7M | 0.04% |
3,222,424
+5,643
| +0.2% | +$160K |
|
781
Spectrum Brands
SPB
$1.99B
| $90.6M | 0.04% |
1,685,791
+373,913
| +29% | +$22.2M |
|
782
Abercrombie & Fitch
ANF
$5.94B
| $90.4M | 0.04% |
5,637,321
+115,384
| +2% | +$2.67M |
|
783
Aaon
AAON
$6.23B
| $90.4M | 0.04% |
2,702,834
-72,153
| -3% | -$2.29M |
|
784
Glacier Bancorp
GBCI
$5.85B
| $90.4M | 0.04% |
2,229,834
-35,343
| -2% | -$1.45M |
|
785
TTM Technologies
TTMI
$12B
| $90.4M | 0.04% |
8,862,765
+71,027
| +0.8% | +$787K |
|
786
RLI Corp
RLI
$5.56B
| $90.4M | 0.04% |
2,109,186
-618
| -0% | -$25.4K |
|
787
Designer Brands
DBI
$309M
| $90.3M | 0.04% |
4,711,223
+37,407
| +0.8% | +$764K |
|
|
JBTM
788
JBT Marel
JBTM
$5.78B
| $90.2M | 0.04% |
744,899
-3,762
| -0.5% | -$404K |
|
|
BID
789
DELISTED
Sotheby's
BID
| $90.2M | 0.04% |
1,551,790
+44,143
| +3% | +$1.84M |
|
790
Baidu
BIDU
$30.2B
| $90.1M | 0.04% |
767,962
+121,495
| +19% | +$17.3M |
|
791
Fair Isaac
FICO
$21.4B
| $89.8M | 0.03% |
286,079
+1,683
| +0.6% | +$488K |
|
792
Hershey
HSY
$34.3B
| $89.7M | 0.03% |
669,515
+5,120
| +0.8% | +$650K |
|
793
Entegris
ENTG
$19.9B
| $89.7M | 0.03% |
2,402,481
-60,668
| -2% | -$2.3M |
|
|
MTOR
794
DELISTED
MERITOR, Inc.
MTOR
| $89.6M | 0.03% |
3,696,001
-28,062
| -0.8% | -$631K |
|
|
ATH
795
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $89.6M | 0.03% |
2,080,488
+227,070
| +12% | +$9.81M |
|
796
New Jersey Resources
NJR
$5.43B
| $89.5M | 0.03% |
1,798,259
-20,032
| -1% | -$987K |
|
797
Zurn Elkay Water Solutions
ZWS
$7.61B
| $89M | 0.03% |
6,115,205
+30,765
| +0.5% | +$414K |
|
|
TXNM
798
TXNM Energy Inc
TXNM
$6.03B
| $89M | 0.03% |
1,747,571
-11,672
| -0.7% | -$557K |
|
799
Ralph Lauren
RL
$20.2B
| $89M | 0.03% |
783,220
+16,452
| +2% | +$1.97M |
|
800
Exponent
EXPO
$3.23B
| $89M | 0.03% |
1,519,662
-178,606
| -11% | -$10.2M |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.