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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
AeroVironment
AVAV
$8.49B
| $66.8M | 0.03% |
1,176,101
-31,060
| -3% | -$2.04M |
|
|
ORIT
1102
DELISTED
Oritani Financial Corp. New
ORIT
| $66.6M | 0.03% |
3,754,815
+24,477
| +0.7% | +$409K |
|
1103
Brown & Brown
BRO
$21.8B
| $66.6M | 0.03% |
1,987,688
-129,332
| -6% | -$4.1M |
|
1104
America Movil
AMX
$68.9B
| $66.6M | 0.03% |
4,571,379
+2,000
| +0% | +$29.6K |
|
1105
DTE Energy
DTE
$27.3B
| $66.5M | 0.03% |
611,217
+16,831
| +3% | +$1.81M |
|
1106
Cinemark Holdings
CNK
$4B
| $66.4M | 0.03% |
1,840,352
+11,444
| +0.6% | +$452K |
|
|
NGHC
1107
DELISTED
National General Holdings Corp
NGHC
| $66.4M | 0.03% |
2,895,615
+40,448
| +1% | +$965K |
|
1108
United Therapeutics
UTHR
$21.4B
| $66.3M | 0.03% |
849,616
-225,227
| -21% | -$21.1M |
|
1109
Builders FirstSource
BLDR
$6.42B
| $66.2M | 0.03% |
3,928,853
+57,551
| +1% | +$861K |
|
|
KW
1110
DELISTED
Kennedy-Wilson Holdings
KW
| $66.2M | 0.03% |
3,218,415
-11,656
| -0.4% | -$248K |
|
|
VG
1111
DELISTED
Vonage Holdings Corporation
VG
| $66.2M | 0.03% |
5,842,531
-733,276
| -11% | -$7.94M |
|
1112
Central Garden & Pet Co Class A
CENTA
$2.19B
| $66.2M | 0.03% |
3,356,725
+61,175
| +2% | +$1.23M |
|
|
CTXS
1113
DELISTED
Citrix Systems Inc
CTXS
| $66.2M | 0.03% |
674,095
+4,754
| +0.7% | +$466K |
|
1114
MGE Energy Inc
MGEE
$2.85B
| $66.1M | 0.03% |
904,716
-9,416
| -1% | -$647K |
|
|
CSGS
1115
DELISTED
CSG Systems International
CSGS
| $66.1M | 0.03% |
1,353,873
-2,139
| -0.2% | -$97.9K |
|
|
SFLY
1116
DELISTED
Shutterfly, Inc.
SFLY
| $66M | 0.03% |
1,306,318
+111,925
| +9% | +$5.11M |
|
|
TBI
1117
Trueblue
TBI
$281M
| $66M | 0.03% |
2,992,608
+26,475
| +0.9% | +$614K |
|
1118
Las Vegas Sands
LVS
$26.5B
| $65.9M | 0.03% |
1,115,685
+11,792
| +1% | +$730K |
|
|
SVC
1119
Service Properties Trust
SVC
$864M
| $65.9M | 0.03% |
527,188
-1,603
| -0.3% | -$206K |
|
|
TIF
1120
DELISTED
Tiffany & Co.
TIF
| $65.9M | 0.03% |
703,637
+10,840
| +2% | +$1.08M |
|
1121
Griffon
GFF
$4.26B
| $65.9M | 0.03% |
3,892,567
+24,227
| +0.6% | +$414K |
|
1122
Markel Group
MKL
$22.2B
| $65.8M | 0.03% |
60,439
+1,736
| +3% | +$1.82M |
|
|
VRTU
1123
DELISTED
Virtusa Corporation
VRTU
| $65.7M | 0.03% |
1,479,269
-4,137
| -0.3% | -$202K |
|
|
EE
1124
DELISTED
El Paso Electric Company
EE
| $65.6M | 0.03% |
1,002,564
-1,692
| -0.2% | -$104K |
|
1125
Andersons Inc
ANDE
$2.43B
| $65.5M | 0.03% |
2,405,780
+66,809
| +3% | +$1.99M |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.