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 | |
|---|---|---|---|---|---|---|
|
BERY
1226
DELISTED
Berry Global Group, Inc.
BERY
| $61.8M | 0.02% |
1,416,363
-4,107
| -0.3% | -$163K |
|
|
TIVO
1227
DELISTED
Tivo Inc
TIVO
| $61.7M | 0.02% |
7,276,630
-83,806
| -1% | -$662K |
|
1228
Donaldson
DCI
$10B
| $61.4M | 0.02% |
1,066,353
-21,672
| -2% | -$1.18M |
|
1229
MDU Resources
MDU
$3.92B
| $61.3M | 0.02% |
5,422,757
-39,435
| -0.7% | -$431K |
|
|
SRCL
1230
DELISTED
Stericycle Inc
SRCL
| $61M | 0.02% |
956,620
-5,004
| -0.5% | -$296K |
|
1231
Oxford Industries
OXM
$438M
| $61M | 0.02% |
808,506
-5,966
| -0.7% | -$431K |
|
|
EBSB
1232
DELISTED
Meridian Bancorp, Inc.
EBSB
| $60.8M | 0.02% |
3,028,144
-25,393
| -0.8% | -$498K |
|
1233
Black Hills Corp
BKH
$5.38B
| $60.8M | 0.02% |
774,048
-62,410
| -7% | -$4.81M |
|
1234
Mercer International
MERC
$24.9M
| $60.8M | 0.02% |
4,941,454
-5,312
| -0.1% | -$64.8K |
|
1235
Sprouts Farmers Market
SFM
$6.63B
| $60.7M | 0.02% |
3,138,334
+33,873
| +1% | +$656K |
|
|
CMD
1236
DELISTED
Cantel Medical Corporation
CMD
| $60.7M | 0.02% |
855,599
-9,915
| -1% | -$719K |
|
1237
Sun Life Financial
SLF
$44.6B
| $60.6M | 0.02% |
1,328,771
-67,080
| -5% | -$3.02M |
|
1238
Franklin Templeton
BEN
$16.6B
| $60.5M | 0.02% |
2,328,765
+250,369
| +12% | +$6.8M |
|
|
BEAT
1239
DELISTED
BioTelemetry, Inc.
BEAT
| $60.5M | 0.02% |
1,306,221
-21,352
| -2% | -$925K |
|
1240
Acuity Brands
AYI
$8.89B
| $60.5M | 0.02% |
438,182
-1,066
| -0.2% | -$137K |
|
1241
Toronto Dominion Bank
TD
$198B
| $60.4M | 0.02% |
1,076,561
-1,084
| -0.1% | -$61.5K |
|
1242
Nu Skin
NUS
$223M
| $60.3M | 0.02% |
1,472,681
+47,499
| +3% | +$1.94M |
|
1243
Liberty Media Series C
FWONK
$23.9B
| $60.3M | 0.02% |
1,357,456
-85,123
| -6% | -$3.55M |
|
1244
Southside Bancshares
SBSI
$945M
| $60.3M | 0.02% |
1,622,487
-14,736
| -0.9% | -$521K |
|
1245
Center Bancorp
CNOB
$1.59B
| $60.2M | 0.02% |
2,340,744
-10,812
| -0.5% | -$263K |
|
1246
Transocean
RIG
$6.19B
| $60.1M | 0.02% |
8,738,414
-140,194
| -2% | -$722K |
|
|
AEGN
1247
DELISTED
Aegion Corp
AEGN
| $60M | 0.02% |
2,684,140
-22,610
| -0.8% | -$489K |
|
1248
Ameren
AEE
$28.5B
| $60M | 0.02% |
781,224
+2,895
| +0.4% | +$220K |
|
1249
IPG Photonics
IPGP
$3.27B
| $59.9M | 0.02% |
413,060
+584
| +0.1% | +$81.3K |
|
1250
Merit Medical Systems
MMSI
$5.14B
| $59.7M | 0.02% |
1,913,075
+274,298
| +17% | +$7.85M |
|
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.