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 | |
|---|---|---|---|---|---|---|
1076
Murphy Oil
MUR
$5.55B
| $47.2M | 0.02% |
7,705,505
+161,054
| +2% | +$2.96M |
|
1077
SLM Corp
SLM
$4.83B
| $47.1M | 0.02% |
6,551,511
+436,895
| +7% | +$4.22M |
|
|
ALE
1078
DELISTED
Allete
ALE
| $47M | 0.02% |
775,100
-15,960
| -2% | -$1.21M |
|
1079
Credit Acceptance
CACC
$5.82B
| $46.9M | 0.02% |
183,394
-175
| -0.1% | -$70.6K |
|
1080
TriNet
TNET
$3.23B
| $46.9M | 0.02% |
1,244,672
+22,594
| +2% | +$1.18M |
|
1081
Mativ Holdings
MATV
$479M
| $46.8M | 0.02% |
1,684,101
-36,681
| -2% | -$1.23M |
|
1082
Chesapeake Utilities
CPK
$3.28B
| $46.8M | 0.02% |
546,251
-2,280
| -0.4% | -$212K |
|
1083
nVent Electric
NVT
$21.6B
| $46.7M | 0.02% |
2,769,516
+306,268
| +12% | +$7.14M |
|
1084
Asbury Automotive
ABG
$4.62B
| $46.7M | 0.02% |
845,586
-10,750
| -1% | -$936K |
|
1085
TransUnion
TRU
$16B
| $46.7M | 0.02% |
704,931
+61,347
| +10% | +$5.3M |
|
1086
Andersons Inc
ANDE
$2.39B
| $46.6M | 0.02% |
2,487,781
+34,441
| +1% | +$728K |
|
|
MASI
1087
DELISTED
Masimo
MASI
| $46.6M | 0.02% |
262,917
-31,971
| -11% | -$5.48M |
|
1088
Hawaiian Electric Industries
HE
$2.26B
| $46.5M | 0.02% |
1,079,662
-42,947
| -4% | -$1.99M |
|
1089
Matthews International
MATW
$887M
| $46.4M | 0.02% |
1,919,463
+5,246
| +0.3% | +$167K |
|
|
MCHB
1090
Mechanics Bancorp
MCHB
$3.65B
| $46.3M | 0.02% |
2,081,970
-140,713
| -6% | -$4.07M |
|
1091
MSC Industrial Direct
MSM
$6.76B
| $46.3M | 0.02% |
841,747
+89,794
| +12% | +$5.91M |
|
1092
MDU Resources
MDU
$4.18B
| $46.3M | 0.02% |
5,658,997
+236,240
| +4% | +$2.49M |
|
1093
OFG Bancorp
OFG
$2.21B
| $46.2M | 0.02% |
4,132,965
+52,796
| +1% | +$945K |
|
1094
CoStar Group
CSGP
$12.2B
| $46.2M | 0.02% |
786,640
-84,620
| -10% | -$5.52M |
|
1095
DNOW Inc
DNOW
$2.44B
| $46.1M | 0.02% |
8,933,775
-152,578
| -2% | -$1.37M |
|
|
SRCL
1096
DELISTED
Stericycle Inc
SRCL
| $45.9M | 0.02% |
945,496
-11,124
| -1% | -$655K |
|
1097
National Bank Holdings
NBHC
$1.9B
| $45.9M | 0.02% |
1,919,546
-69,149
| -3% | -$2.16M |
|
1098
Papa John's
PZZA
$1.01B
| $45.9M | 0.02% |
859,643
-57,084
| -6% | -$3.43M |
|
1099
ScottsMiracle-Gro
SMG
$4.09B
| $45.7M | 0.02% |
446,198
-92,103
| -17% | -$10.1M |
|
1100
Eagle Bancorp
EGBN
$850M
| $45.5M | 0.02% |
1,507,144
+74,584
| +5% | +$3M |
|
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.