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 | |
|---|---|---|---|---|---|---|
1251
MillerKnoll
MLKN
$1.56B
| $38.8M | 0.02% |
1,749,155
+9,469
| +0.5% | +$327K |
|
1252
Littelfuse
LFUS
$10.4B
| $38.8M | 0.02% |
291,028
+4,337
| +2% | +$726K |
|
1253
Green Dot
GDOT
$750M
| $38.8M | 0.02% |
1,528,373
-103,204
| -6% | -$2.97M |
|
1254
Primoris Services
PRIM
$4.06B
| $38.8M | 0.02% |
2,441,083
-22,982
| -0.9% | -$448K |
|
1255
Monro
MNRO
$414M
| $38.7M | 0.02% |
883,814
+68,701
| +8% | +$4.16M |
|
1256
Churchill Downs
CHDN
$6.17B
| $38.7M | 0.02% |
751,314
+24,854
| +3% | +$1.6M |
|
1257
Installed Building Products
IBP
$6.21B
| $38.6M | 0.02% |
969,225
+8,675
| +0.9% | +$561K |
|
|
VG
1258
DELISTED
Vonage Holdings Corporation
VG
| $38.6M | 0.02% |
5,332,917
-227,137
| -4% | -$1.85M |
|
1259
Watsco Inc
WSO
$13.2B
| $38.5M | 0.02% |
243,702
-9,017
| -4% | -$1.52M |
|
|
BKI
1260
DELISTED
Black Knight, Inc. Common Stock
BKI
| $38.4M | 0.02% |
660,576
-58,165
| -8% | -$3.81M |
|
1261
Smith & Wesson
SWBI
$649M
| $38.3M | 0.02% |
5,999,787
+34,304
| +0.6% | +$243K |
|
1262
COPT Defense Properties
CDP
$4.32B
| $38.2M | 0.02% |
1,725,869
-7,217
| -0.4% | -$196K |
|
|
VGR
1263
DELISTED
Vector Group Ltd.
VGR
| $38.1M | 0.02% |
5,705,781
-56,518
| -1% | -$498K |
|
|
VSTO
1264
DELISTED
Vista Outdoor Inc.
VSTO
| $38.1M | 0.02% |
4,330,068
+2,088
| +0% | +$15.9K |
|
1265
Sun Life Financial
SLF
$45.6B
| $38.1M | 0.02% |
1,187,011
-141,760
| -11% | -$6.07M |
|
|
FLIR
1266
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $38M | 0.02% |
1,192,531
+60,134
| +5% | +$2.83M |
|
|
ADSW
1267
DELISTED
Advanced Disposal Services Inc
ADSW
| $38M | 0.02% |
1,158,658
-90,410
| -7% | -$2.96M |
|
|
ECHO
1268
DELISTED
Echo Global Logistics, Inc.
ECHO
| $38M | 0.02% |
2,222,421
-42,898
| -2% | -$836K |
|
1269
Alliant Energy
LNT
$18.6B
| $37.9M | 0.02% |
785,282
+10,448
| +1% | +$572K |
|
|
FARO
1270
DELISTED
Faro Technologies
FARO
| $37.9M | 0.02% |
851,465
-68,824
| -7% | -$3.57M |
|
|
HA
1271
DELISTED
Hawaiian Holdings, Inc.
HA
| $37.9M | 0.02% |
3,627,190
+63,598
| +2% | +$1.45M |
|
1272
Philips
PHG
$25.5B
| $37.9M | 0.02% |
1,186,007
-53,968
| -4% | -$1.91M |
|
1273
Kelly Services Class A
KELYA
$548M
| $37.8M | 0.02% |
2,980,377
+1,591
| +0.1% | +$27.7K |
|
1274
Grand Canyon Education
LOPE
$4.22B
| $37.8M | 0.02% |
495,751
+49,934
| +11% | +$4.11M |
|
1275
Integra LifeSciences
IART
$1.28B
| $37.8M | 0.02% |
845,357
+34,507
| +4% | +$1.81M |
|
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.