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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALE
1026
DELISTED
Allete
ALE
| $70M | 0.03% |
801,216
-7,083
| -0.9% | -$610K |
|
1027
Visteon
VC
$2.79B
| $70M | 0.03% |
848,346
+12,385
| +1% | +$827K |
|
1028
Heartland Express
HTLD
$948M
| $69.9M | 0.03% |
3,249,536
+35,001
| +1% | +$701K |
|
1029
Power Integrations
POWI
$3.38B
| $69.8M | 0.03% |
1,544,606
-7,930
| -0.5% | -$344K |
|
|
CSGS
1030
DELISTED
CSG Systems International
CSGS
| $69.7M | 0.03% |
1,349,004
-4,869
| -0.4% | -$249K |
|
1031
Wingstop
WING
$3.53B
| $69.6M | 0.03% |
797,706
+13,462
| +2% | +$1.28M |
|
1032
Woodward
WWD
$21.3B
| $69.5M | 0.03% |
644,576
+9,337
| +1% | +$1.03M |
|
|
WAIR
1033
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $69.4M | 0.03% |
6,304,153
-185,128
| -3% | -$2.01M |
|
1034
National Bank Holdings
NBHC
$1.92B
| $69.3M | 0.03% |
2,027,140
-42,211
| -2% | -$1.47M |
|
1035
Cinemark Holdings
CNK
$4.24B
| $69M | 0.03% |
1,786,787
-53,565
| -3% | -$2.05M |
|
|
SVC
1036
Service Properties Trust
SVC
$1.04B
| $69M | 0.03% |
535,049
+7,861
| +1% | +$973K |
|
|
ALXN
1037
DELISTED
Alexion Pharmaceuticals
ALXN
| $69M | 0.03% |
704,351
+69,567
| +11% | +$7.84M |
|
1038
Entergy
ETR
$50.2B
| $68.9M | 0.03% |
1,173,598
+85,272
| +8% | +$4.66M |
|
1039
Avient
AVNT
$3.33B
| $68.8M | 0.03% |
2,108,471
-59,471
| -3% | -$1.89M |
|
1040
Globe Life
GL
$14.2B
| $68.8M | 0.03% |
718,833
+27,400
| +4% | +$2.49M |
|
1041
Raymond James Financial
RJF
$33.8B
| $68.7M | 0.03% |
1,249,646
+14,388
| +1% | +$782K |
|
|
PPLI
1042
People Inc
PPLI
$3.09B
| $68.7M | 0.03% |
1,762,800
-579,522
| -25% | -$24.7M |
|
1043
First Citizens BancShares
FCNCA
$24.9B
| $68.7M | 0.03% |
145,586
+588
| +0.4% | +$268K |
|
1044
Jefferies Financial Group
JEF
$12.6B
| $68.5M | 0.03% |
3,895,762
+329,399
| +9% | +$5.86M |
|
|
RTEC
1045
DELISTED
Rudolph Technologies Inc
RTEC
| $68.5M | 0.03% |
2,597,983
-38,456
| -1% | -$974K |
|
|
COR
1046
DELISTED
Coresite Realty Corporation
COR
| $68.5M | 0.03% |
561,985
-4,079
| -0.7% | -$467K |
|
1047
NCR Voyix
VYX
$1.14B
| $68.5M | 0.03% |
3,535,679
-13,276
| -0.4% | -$256K |
|
1048
Zumiez
ZUMZ
$332M
| $68.4M | 0.03% |
2,159,479
-2,107
| -0.1% | -$55.5K |
|
|
MZTI
1049
The Marzetti Company
MZTI
$2.93B
| $68.2M | 0.03% |
491,981
+767
| +0.2% | +$114K |
|
1050
SS&C Technologies
SSNC
$18.1B
| $68.2M | 0.03% |
1,322,895
+97,910
| +8% | +$5M |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-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 Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.