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 | |
|---|---|---|---|---|---|---|
1151
Henry Schein
HSIC
$9.67B
| $66.1M | 0.02% |
991,115
-1,482
| -0.1% | -$98K |
|
|
NGHC
1152
DELISTED
National General Holdings Corp
NGHC
| $66.1M | 0.02% |
2,991,339
+63,677
| +2% | +$1.39M |
|
1153
Live Nation Entertainment
LYV
$39.9B
| $66.1M | 0.02% |
924,825
+19,829
| +2% | +$1.34M |
|
1154
Encore Capital Group
ECPG
$2.12B
| $66M | 0.02% |
1,866,503
+103,203
| +6% | +$3.61M |
|
|
VAL
1155
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $66M | 0.02% |
10,059,082
-1,915,375
| -16% | -$9.33M |
|
|
AVP
1156
DELISTED
Avon Products, Inc.
AVP
| $65.9M | 0.02% |
11,684,102
-474,541
| -4% | -$2.2M |
|
|
HMSY
1157
DELISTED
HMS Holdings Corp.
HMSY
| $65.9M | 0.02% |
2,225,962
+41,769
| +2% | +$1.28M |
|
1158
Copa Holdings
CPA
$5.23B
| $65.8M | 0.02% |
608,735
-48,403
| -7% | -$5.05M |
|
1159
Kratos Defense & Security Solutions
KTOS
$8.93B
| $65.6M | 0.02% |
3,644,641
-123,181
| -3% | -$2.28M |
|
|
VRTU
1160
DELISTED
Virtusa Corporation
VRTU
| $65.6M | 0.02% |
1,446,366
-34,859
| -2% | -$1.42M |
|
1161
LendingTree
TREE
$373M
| $65.5M | 0.02% |
215,947
-3,626
| -2% | -$1.2M |
|
1162
RPM International
RPM
$12.7B
| $65.5M | 0.02% |
853,416
-47,663
| -5% | -$3.46M |
|
1163
Genpact
G
$5.93B
| $65.5M | 0.02% |
1,553,286
-23,451
| -1% | -$937K |
|
1164
Strategic Education
STRA
$1.81B
| $65.4M | 0.02% |
411,435
-198,403
| -33% | -$27.5M |
|
1165
BOK Financial
BOKF
$8.07B
| $65.4M | 0.02% |
747,944
-61,662
| -8% | -$5.02M |
|
1166
Signet Jewelers
SIG
$3.94B
| $65.3M | 0.02% |
3,004,989
-143,830
| -5% | -$2.55M |
|
1167
Bausch Health
BHC
$2.13B
| $65.2M | 0.02% |
2,180,548
-59,928
| -3% | -$1.56M |
|
1168
Northwest Natural Holdings
NWN
$2.05B
| $65.1M | 0.02% |
883,374
-3,988
| -0.4% | -$275K |
|
|
SVC
1169
Service Properties Trust
SVC
$857M
| $65.1M | 0.02% |
535,353
+304
| +0.1% | +$37K |
|
1170
Bio-Rad Laboratories Class A
BIO
$10.1B
| $65.1M | 0.02% |
175,981
-7,105
| -4% | -$2.5M |
|
|
SPR
1171
DELISTED
Spirit AeroSystems
SPR
| $65.1M | 0.02% |
892,614
+9,467
| +1% | +$781K |
|
|
CORE
1172
DELISTED
Core Mark Holding Co., Inc.
CORE
| $64.9M | 0.02% |
2,386,014
+15,407
| +0.6% | +$427K |
|
1173
Euronet Worldwide
EEFT
$2.58B
| $64.8M | 0.02% |
411,469
-43,205
| -10% | -$6.52M |
|
|
LEG
1174
DELISTED
Leggett & Platt
LEG
| $64.8M | 0.02% |
1,274,848
-3,605
| -0.3% | -$177K |
|
1175
Stellantis
STLA
$14.3B
| $64.8M | 0.02% |
4,409,216
+682,898
| +18% | +$9.87M |
|
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.