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 | |
|---|---|---|---|---|---|---|
976
Commerce Bancshares
CBSH
$8.68B
| $53.3M | 0.03% |
1,417,627
-10,490
| -0.7% | -$497K |
|
977
Terreno Realty
TRNO
$7.58B
| $53.3M | 0.03% |
1,029,191
+2,935
| +0.3% | +$162K |
|
978
Burlington
BURL
$23.4B
| $53.2M | 0.03% |
335,451
+6,380
| +2% | +$1.34M |
|
979
First Solar
FSLR
$21.4B
| $53.1M | 0.03% |
1,473,890
+5,714
| +0.4% | +$272K |
|
980
Enpro
NPO
$6.26B
| $53.1M | 0.03% |
1,342,195
-1,007
| -0.1% | -$55.6K |
|
981
IDEX
IEX
$17B
| $53.1M | 0.03% |
384,704
+9,584
| +3% | +$1.5M |
|
982
Revvity
RVTY
$12.6B
| $53.1M | 0.03% |
705,406
+18,534
| +3% | +$1.65M |
|
|
LSXMK
983
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $53.1M | 0.03% |
2,204,375
+72,359
| +3% | +$2.42M |
|
984
JD.com
JD
$43.5B
| $53M | 0.03% |
1,309,562
-250,639
| -16% | -$10M |
|
|
PPL
985
PPL Corp
PPL
$26.9B
| $53M | 0.03% |
2,147,231
+80,758
| +4% | +$2.6M |
|
986
DXC Technology
DXC
$1.91B
| $53M | 0.03% |
4,054,944
+177,324
| +5% | +$4.69M |
|
987
National Healthcare
NHC
$3.57B
| $52.9M | 0.03% |
738,115
+5,143
| +0.7% | +$407K |
|
988
Nordson
NDSN
$16.4B
| $52.9M | 0.03% |
391,695
-78,675
| -17% | -$12.1M |
|
989
J&J Snack Foods
JJSF
$1.49B
| $52.9M | 0.03% |
437,152
+6,266
| +1% | +$1.01M |
|
|
CLGX
990
DELISTED
Corelogic, Inc.
CLGX
| $52.8M | 0.03% |
1,729,916
-48,084
| -3% | -$2.13M |
|
991
LPL Financial
LPLA
$27B
| $52.8M | 0.03% |
970,415
-59,000
| -6% | -$4.76M |
|
992
KB Home
KBH
$3.5B
| $52.8M | 0.03% |
2,916,302
+62,764
| +2% | +$2.01M |
|
993
Shinhan Financial Group
SHG
$32.1B
| $52.7M | 0.03% |
2,259,392
-68,319
| -3% | -$2.02M |
|
|
EGOV
994
DELISTED
NIC Inc
EGOV
| $52.5M | 0.03% |
2,284,099
-18,998
| -0.8% | -$388K |
|
995
LCI Industries
LCII
$2.59B
| $52.4M | 0.03% |
783,906
-4,595
| -0.6% | -$448K |
|
996
Raymond James Financial
RJF
$33.5B
| $52.2M | 0.03% |
1,238,765
+275
| +0% | +$15.5K |
|
997
Cohen & Steers
CNS
$4.2B
| $52.2M | 0.03% |
1,148,461
-2,076
| -0.2% | -$131K |
|
|
PRSP
998
DELISTED
Perspecta Inc. Common Stock
PRSP
| $52.2M | 0.03% |
2,859,441
+231,715
| +9% | +$5.57M |
|
999
Henry Schein
HSIC
$9.78B
| $52.1M | 0.03% |
1,031,346
+40,231
| +4% | +$2.55M |
|
1000
AAR Corp
AIR
$5.4B
| $52.1M | 0.03% |
2,931,731
+4,215
| +0.1% | +$154K |
|
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.