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 | |
|---|---|---|---|---|---|---|
1351
Lazard
LAZ
$3.54B
| $54.2M | 0.02% |
1,355,228
+126,229
| +10% | +$4.77M |
|
1352
Enviri
NVRI
$591M
| $54M | 0.02% |
2,348,318
+28,971
| +1% | +$606K |
|
|
PSB
1353
DELISTED
PS Business Parks, Inc.
PSB
| $54M | 0.02% |
327,563
-4,393
| -1% | -$773K |
|
1354
Mitsubishi UFJ Financial
MUFG
$265B
| $54M | 0.02% |
9,944,742
-288,409
| -3% | -$1.52M |
|
1355
Sabre
SABR
$948M
| $53.9M | 0.02% |
2,403,874
-1,026
| -0% | -$22.7K |
|
1356
Sally Beauty Holdings
SBH
$1.48B
| $53.9M | 0.02% |
2,953,309
+31,241
| +1% | +$543K |
|
|
NP
1357
DELISTED
Neenah, Inc. Common Stock
NP
| $53.8M | 0.02% |
763,522
-6,526
| -0.8% | -$444K |
|
|
STMP
1358
DELISTED
Stamps.com, Inc.
STMP
| $53.8M | 0.02% |
643,728
+860
| +0.1% | +$71.7K |
|
1359
Ingersoll Rand
IR
$28.5B
| $53.7M | 0.02% |
1,465,187
-28,975
| -2% | -$951K |
|
1360
John B. Sanfilippo & Son
JBSS
$800M
| $53.6M | 0.02% |
587,232
-21,314
| -4% | -$2.07M |
|
1361
Avis
CAR
$4.07B
| $53.6M | 0.02% |
1,662,248
+45,172
| +3% | +$1.35M |
|
|
LBAI
1362
DELISTED
Lakeland Bancorp Inc
LBAI
| $53.3M | 0.02% |
3,066,159
+30,227
| +1% | +$498K |
|
|
VAR
1363
DELISTED
Varian Medical Systems, Inc.
VAR
| $53.2M | 0.02% |
374,933
-1,483
| -0.4% | -$189K |
|
1364
Howard Hughes
HHH
$3.71B
| $53.2M | 0.02% |
440,127
-18,529
| -4% | -$2.06M |
|
|
NEX
1365
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $53.2M | 0.02% |
7,939,180
+3,872,615
| +95% | +$20.9M |
|
|
HTO
1366
H2O America
HTO
$2.64B
| $53.1M | 0.02% |
747,908
-7,338
| -1% | -$519K |
|
|
FOE
1367
DELISTED
Ferro Corporation
FOE
| $53.1M | 0.02% |
3,579,998
+14,007
| +0.4% | +$181K |
|
1368
Insperity
NSP
$1.92B
| $52.9M | 0.02% |
615,116
-12,781
| -2% | -$1.11M |
|
1369
Atkore
ATKR
$3.19B
| $52.9M | 0.02% |
1,307,193
-12,914
| -1% | -$478K |
|
1370
Bruker
BRKR
$9.72B
| $52.8M | 0.02% |
1,036,155
-25,790
| -2% | -$1.23M |
|
1371
Portland General Electric
POR
$5.66B
| $52.7M | 0.02% |
945,183
-44,096
| -4% | -$2.46M |
|
1372
Hawaiian Electric Industries
HE
$1.76B
| $52.6M | 0.02% |
1,122,609
-59,516
| -5% | -$2.67M |
|
1373
Eagle Materials
EXP
$5.48B
| $52.6M | 0.02% |
580,107
-36,527
| -6% | -$3.35M |
|
|
PRAH
1374
DELISTED
PRA Health Sciences, Inc.
PRAH
| $52.6M | 0.02% |
473,017
-2,440
| -0.5% | -$251K |
|
1375
Chesapeake Utilities
CPK
$3.15B
| $52.6M | 0.02% |
548,531
-4,476
| -0.8% | -$416K |
|
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.