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 |
Truist Financial
TFC
|
+$224M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$123M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$117M |
| 4 |
Bank of America
BAC
|
+$78.7M |
| 5 |
Valley National Bancorp
VLY
|
+$61.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$411M |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$228M |
| 3 |
CELG
Celgene Corp
CELG
|
+$198M |
| 4 |
Walmart Inc
WMT
|
+$177M |
| 5 |
GWR
Genesee & Wyoming Inc.
GWR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.31% |
| 2 | Technology | 14.29% |
| 3 | Industrials | 13.48% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Healthcare | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Valmont Industries
VMI
$9.18B
| $88.9M | 0.03% |
593,371
-7,704
| -1% | -$1.09M |
|
827
SS&C Technologies
SSNC
$18.9B
| $88.8M | 0.03% |
1,446,971
+124,076
| +9% | +$6.96M |
|
828
American Electric Power
AEP
$65.7B
| $88.8M | 0.03% |
939,762
-7,361
| -0.8% | -$680K |
|
829
Photronics
PLAB
$1.64B
| $88.8M | 0.03% |
5,632,099
-56,795
| -1% | -$715K |
|
830
Ziff Davis
ZD
$2.01B
| $88.8M | 0.03% |
1,089,213
-20,653
| -2% | -$1.71M |
|
831
Shinhan Financial Group
SHG
$38.3B
| $88.6M | 0.03% |
2,327,711
-79,996
| -3% | -$2.96M |
|
832
Alamo Group
ALG
$2.05B
| $88.6M | 0.03% |
705,734
-23,807
| -3% | -$2.78M |
|
|
KAMN
833
DELISTED
Kaman Corp
KAMN
| $88.6M | 0.03% |
1,343,408
-37,084
| -3% | -$2.32M |
|
834
Cable One
CABO
$107M
| $88.3M | 0.03% |
59,342
-1,719
| -3% | -$2.44M |
|
|
SGI
835
Somnigroup International
SGI
$13.5B
| $88.3M | 0.03% |
4,057,960
-125,472
| -3% | -$2.62M |
|
836
Worthington Enterprises
WOR
$2.88B
| $88.3M | 0.03% |
3,394,481
-65,787
| -2% | -$1.55M |
|
837
Molina Healthcare
MOH
$10.6B
| $88.2M | 0.03% |
650,359
+9,968
| +2% | +$1.26M |
|
|
AVTA
838
DELISTED
Avantax, Inc. Common Stock
AVTA
| $88.2M | 0.03% |
3,374,652
-38,835
| -1% | -$870K |
|
839
Eversource Energy
ES
$25.6B
| $88.2M | 0.03% |
1,036,416
+5,426
| +0.5% | +$451K |
|
840
Exelon
EXC
$43.7B
| $88.2M | 0.03% |
2,710,994
-16,404
| -0.6% | -$531K |
|
841
WD-40
WDFC
$2.55B
| $87.8M | 0.03% |
452,121
-3,467
| -0.8% | -$653K |
|
842
E.W. Scripps
SSP
$291M
| $87.8M | 0.03% |
5,586,131
+22,440
| +0.4% | +$320K |
|
843
Watts Water Technologies
WTS
$11.6B
| $87.5M | 0.03% |
876,889
-98,354
| -10% | -$9.33M |
|
844
Avery Dennison
AVY
$13.1B
| $87.4M | 0.03% |
668,284
-4,860
| -0.7% | -$613K |
|
|
SWN
845
DELISTED
Southwestern Energy Company
SWN
| $87.4M | 0.03% |
36,107,310
-3,605,353
| -9% | -$7.45M |
|
846
Advanced Energy
AEIS
$10.1B
| $87.3M | 0.03% |
1,225,584
-66,043
| -5% | -$4.11M |
|
847
The Greenbrier Companies
GBX
$1.32B
| $87.2M | 0.03% |
2,688,589
-20,455
| -0.8% | -$612K |
|
848
Wynn Resorts
WYNN
$8.67B
| $87.1M | 0.03% |
627,229
+19,488
| +3% | +$2.37M |
|
|
CY
849
DELISTED
Cypress Semiconductor
CY
| $87M | 0.03% |
3,727,125
-42,116
| -1% | -$985K |
|
|
DISH
850
DELISTED
DISH Network Corp.
DISH
| $87M | 0.03% |
2,451,430
+127,109
| +5% | +$4.4M |
|
Similar funds
Dimensional Fund Advisors's Q4 2019 Portfolio in Review
As of Q4 2019, Dimensional Fund Advisors held 3,465 positions worth $274B, up 6.6% from $257B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 3.8%. Dimensional Fund Advisors opened 48 new positions and exited 85, leaving the 3,465-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 Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2019 buy was Envista: 1,368,881 shares worth $40.6M.
- Dimensional Fund Advisors added most to Truist Financial in Q4 2019, an estimated $224M increase.
- Dimensional Fund Advisors's biggest Q4 2019 reduction was Apple, cutting an estimated $411M.
- Dimensional Fund Advisors fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $274B portfolio in Q4 2019.
- Dimensional Fund Advisors opened 48 new positions and closed 85 in Q4 2019.
- Dimensional Fund Advisors's portfolio value rose 6.6% quarter-over-quarter to $274B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.