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 | |
|---|---|---|---|---|---|---|
|
SGI
1126
Somnigroup International
SGI
$14.4B
| $44.2M | 0.02% |
4,047,416
-10,544
| -0.3% | -$200K |
|
|
MODV
1127
DELISTED
ModivCare
MODV
| $44.2M | 0.02% |
805,339
-37,985
| -5% | -$2.35M |
|
|
PSB
1128
DELISTED
PS Business Parks, Inc.
PSB
| $44.2M | 0.02% |
325,897
-1,666
| -0.5% | -$259K |
|
1129
Terex
TEX
$7.37B
| $44.1M | 0.02% |
3,069,838
-86,465
| -3% | -$1.96M |
|
1130
NETGEAR
NTGR
$612M
| $44.1M | 0.02% |
1,929,811
-127,415
| -6% | -$2.86M |
|
1131
Atmos Energy
ATO
$29.7B
| $44M | 0.02% |
443,755
-8,703
| -2% | -$957K |
|
|
MOMO
1132
Hello Group
MOMO
$867M
| $44M | 0.02% |
2,032,086
+321,773
| +19% | +$9.59M |
|
1133
Encore Capital Group
ECPG
$2.01B
| $44M | 0.02% |
1,881,680
+15,177
| +0.8% | +$511K |
|
1134
Douglas Dynamics
PLOW
$992M
| $43.9M | 0.02% |
1,237,384
-32,110
| -3% | -$1.51M |
|
|
IPHI
1135
DELISTED
INPHI CORPORATION
IPHI
| $43.9M | 0.02% |
554,133
-4,345
| -0.8% | -$338K |
|
1136
EQT Corp
EQT
$32.9B
| $43.9M | 0.02% |
6,203,192
+3,243,650
| +110% | +$22.8M |
|
|
SPTN
1137
DELISTED
SpartanNash
SPTN
| $43.8M | 0.02% |
3,060,755
+21,882
| +0.7% | +$281K |
|
1138
John B. Sanfilippo & Son
JBSS
$986M
| $43.8M | 0.02% |
489,933
-97,299
| -17% | -$7.84M |
|
1139
SEI Investments
SEIC
$12.3B
| $43.8M | 0.02% |
945,117
-43,926
| -4% | -$2.61M |
|
1140
Brunswick
BC
$5.23B
| $43.8M | 0.02% |
1,237,042
+56,412
| +5% | +$2.99M |
|
|
KW
1141
DELISTED
Kennedy-Wilson Holdings
KW
| $43.7M | 0.02% |
3,255,063
+85,699
| +3% | +$1.71M |
|
1142
Franklin Resources
BEN
$16.8B
| $43.6M | 0.02% |
2,612,771
+284,006
| +12% | +$6.52M |
|
|
WPX
1143
DELISTED
WPX Energy, Inc.
WPX
| $43.6M | 0.02% |
14,310,468
-375,472
| -3% | -$3.54M |
|
|
MTOR
1144
DELISTED
MERITOR, Inc.
MTOR
| $43.6M | 0.02% |
3,290,463
-139,317
| -4% | -$3M |
|
1145
NeoGenomics
NEO
$1.99B
| $43.4M | 0.02% |
1,570,678
+106,045
| +7% | +$3.18M |
|
|
NBL
1146
DELISTED
Noble Energy, Inc.
NBL
| $43.3M | 0.02% |
7,176,882
+925,647
| +15% | +$14.9M |
|
1147
Viavi Solutions
VIAV
$7.95B
| $43.2M | 0.02% |
3,857,757
+143,730
| +4% | +$1.96M |
|
|
SJI
1148
DELISTED
South Jersey Industries, Inc.
SJI
| $43.2M | 0.02% |
1,729,307
+4,085
| +0.2% | +$121K |
|
1149
Helios Technologies
HLIO
$2.47B
| $43.2M | 0.02% |
1,140,190
+8,181
| +0.7% | +$348K |
|
|
NWLI
1150
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $43.1M | 0.02% |
250,345
+1,005
| +0.4% | +$246K |
|
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.