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 | |
|---|---|---|---|---|---|---|
776
CONMED
CNMD
$1.32B
| $63.9M | 0.03% |
1,116,237
-168,524
| -13% | -$15.5M |
|
777
Canadian Imperial Bank of Commerce
CM
$107B
| $63.9M | 0.03% |
2,204,850
+116
| +0% | +$4.32K |
|
778
Forward Air
FWRD
$457M
| $63.8M | 0.03% |
1,259,153
-21,465
| -2% | -$1.3M |
|
|
FLOW
779
DELISTED
SPX FLOW, Inc.
FLOW
| $63.7M | 0.03% |
2,241,435
+17,319
| +0.8% | +$660K |
|
780
Paycom
PAYC
$7.95B
| $63.6M | 0.03% |
314,596
-26,160
| -8% | -$7.17M |
|
|
JBGS
781
JBG SMITH
JBGS
$855M
| $63.6M | 0.03% |
1,996,854
+12,724
| +0.6% | +$478K |
|
782
Avanos Medical
AVNS
| $63.5M | 0.03% |
2,358,166
+68,367
| +3% | +$2.04M |
|
783
Astec Industries
ASTE
$1.18B
| $63.4M | 0.03% |
1,813,116
-16,412
| -0.9% | -$643K |
|
784
Interactive Brokers
IBKR
$38.8B
| $63.4M | 0.03% |
5,871,344
-182,064
| -3% | -$2.2M |
|
785
Hubbell
HUBB
$24.6B
| $63.3M | 0.03% |
551,899
+16,453
| +3% | +$2.22M |
|
786
AeroVironment
AVAV
$7.38B
| $63.2M | 0.03% |
1,037,435
-118,792
| -10% | -$7.43M |
|
787
FirstEnergy
FE
$28.8B
| $63.2M | 0.03% |
1,577,335
+9,083
| +0.6% | +$422K |
|
788
Booz Allen Hamilton
BAH
$8.6B
| $63.1M | 0.03% |
919,096
-13,148
| -1% | -$969K |
|
|
EE
789
DELISTED
El Paso Electric Company
EE
| $63.1M | 0.03% |
927,798
-76,459
| -8% | -$5.18M |
|
|
NLSN
790
DELISTED
Nielsen Holdings plc
NLSN
| $63M | 0.03% |
5,021,340
+3,571
| +0.1% | +$66.9K |
|
791
EastGroup Properties
EGP
$11.1B
| $62.9M | 0.03% |
602,346
+5,819
| +1% | +$735K |
|
792
1st Source
SRCE
$2.19B
| $62.9M | 0.03% |
1,940,389
-40,686
| -2% | -$1.76M |
|
793
Kearny Financial
KRNY
$606M
| $62.9M | 0.03% |
7,324,860
-330,169
| -4% | -$3.8M |
|
|
TGNA
794
DELISTED
TEGNA Inc
TGNA
| $62.9M | 0.03% |
5,791,726
+123,709
| +2% | +$1.98M |
|
795
Omnicell
OMCL
$1.93B
| $62.9M | 0.03% |
958,953
-14,504
| -1% | -$1.16M |
|
796
Align Technology
ALGN
$12.8B
| $62.7M | 0.03% |
360,587
-4,750
| -1% | -$1.14M |
|
797
Qualys
QLYS
$4.73B
| $62.7M | 0.03% |
721,116
+17,650
| +3% | +$1.48M |
|
798
United Fire Group
UFCS
$1.35B
| $62.7M | 0.03% |
1,921,729
-20,270
| -1% | -$822K |
|
|
VRNT
799
DELISTED
Verint Systems
VRNT
| $62.7M | 0.03% |
2,860,309
+46,562
| +2% | +$1.25M |
|
800
ServiceNow
NOW
$118B
| $62.6M | 0.03% |
1,092,330
-9,545
| -0.9% | -$597K |
|
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.