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 | |
|---|---|---|---|---|---|---|
1001
JB Hunt Transport Services
JBHT
$22.2B
| $76.2M | 0.03% |
652,504
+2,988
| +0.5% | +$343K |
|
1002
NCR Voyix
VYX
$982M
| $76.1M | 0.03% |
3,529,054
-6,625
| -0.2% | -$129K |
|
1003
CVB Financial
CVBF
$4B
| $76.1M | 0.03% |
3,526,050
-32,797
| -0.9% | -$695K |
|
1004
S&T Bancorp
STBA
$1.76B
| $76M | 0.03% |
1,887,170
+27,300
| +1% | +$1.03M |
|
|
CATM
1005
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $76M | 0.03% |
1,702,112
-11,497
| -0.7% | -$437K |
|
1006
Silicon Laboratories
SLAB
$7.33B
| $75.7M | 0.03% |
652,448
-101,026
| -13% | -$11.1M |
|
1007
Sensient Technologies
SXT
$5.46B
| $75.6M | 0.03% |
1,143,901
-9,466
| -0.8% | -$606K |
|
1008
Towne Bank
TOWN
$3.43B
| $75.6M | 0.03% |
2,716,493
+36,009
| +1% | +$1.01M |
|
|
MCHB
1009
Mechanics Bancorp
MCHB
$3.39B
| $75.6M | 0.03% |
2,222,683
-38,840
| -2% | -$1.2M |
|
1010
Badger Meter
BMI
$3.7B
| $75.5M | 0.03% |
1,163,002
-11,204
| -1% | -$665K |
|
1011
Allegion
ALLE
$13B
| $75.3M | 0.03% |
604,855
-10,967
| -2% | -$1.27M |
|
1012
Designer Brands
DBI
$309M
| $75.2M | 0.03% |
4,780,052
+51,477
| +1% | +$853K |
|
1013
Mercury Insurance
MCY
$5.65B
| $75.2M | 0.03% |
1,543,846
-17,387
| -1% | -$874K |
|
1014
MarketAxess Holdings
MKTX
$5.75B
| $75.1M | 0.03% |
198,206
-4,472
| -2% | -$1.64M |
|
|
BCPC
1015
Balchem Corp
BCPC
$5.34B
| $75.1M | 0.03% |
738,873
-10,155
| -1% | -$1.02M |
|
1016
Burlington
BURL
$14.5B
| $75M | 0.03% |
329,071
+1,400
| +0.4% | +$293K |
|
|
CTXS
1017
DELISTED
Citrix Systems Inc
CTXS
| $74.9M | 0.03% |
675,653
-635
| -0.1% | -$68.3K |
|
|
WBS
1018
DELISTED
Webster Financial
WBS
| $74.9M | 0.03% |
1,403,737
+81,312
| +6% | +$3.91M |
|
1019
Spire
SR
$4.72B
| $74.9M | 0.03% |
898,982
-10,761
| -1% | -$881K |
|
|
MDP
1020
DELISTED
Meredith Corporation
MDP
| $74.5M | 0.03% |
2,295,973
+198,782
| +9% | +$7.07M |
|
1021
DTE Energy
DTE
$27.2B
| $74.5M | 0.03% |
674,436
+17,122
| +3% | +$1.85M |
|
1022
Zumiez
ZUMZ
$205M
| $74.2M | 0.03% |
2,149,349
-10,130
| -0.5% | -$320K |
|
1023
Charles River Laboratories
CRL
$13.1B
| $74.2M | 0.03% |
485,672
-6,971
| -1% | -$965K |
|
|
CHX
1024
DELISTED
ChampionX
CHX
| $74.1M | 0.03% |
2,194,960
+471,762
| +27% | +$12.8M |
|
1025
Power Integrations
POWI
$2.66B
| $74.1M | 0.03% |
1,499,284
-45,322
| -3% | -$2.09M |
|
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.