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 | |
|---|---|---|---|---|---|---|
1351
Elanco Animal Health
ELAN
$13.2B
| $34.6M | 0.02% |
1,544,410
+293,649
| +23% | +$8.04M |
|
|
WUBA
1352
DELISTED
58.com Inc
WUBA
| $34.6M | 0.02% |
710,795
+164,882
| +30% | +$9.48M |
|
1353
RH
RH
$3.33B
| $34.5M | 0.02% |
343,202
-26,433
| -7% | -$4.93M |
|
1354
Evertec
EVTC
$1.97B
| $34.5M | 0.02% |
1,517,244
+16,193
| +1% | +$496K |
|
|
SHYF
1355
DELISTED
The Shyft Group
SHYF
| $34.2M | 0.02% |
2,652,058
-89,415
| -3% | -$1.41M |
|
1356
Univest Financial
UVSP
$1.23B
| $34.2M | 0.02% |
2,096,866
+8,477
| +0.4% | +$194K |
|
1357
Universal Electronics
UEIC
$59.2M
| $34.2M | 0.02% |
891,629
-74,868
| -8% | -$3.39M |
|
1358
Heritage Financial
HFWA
$1.22B
| $34.2M | 0.02% |
1,709,342
-29,272
| -2% | -$723K |
|
1359
News Corp Class B
NWS
$17.7B
| $34.1M | 0.02% |
3,790,391
+263,878
| +7% | +$3.39M |
|
1360
EPAM Systems
EPAM
$5.58B
| $34.1M | 0.02% |
183,461
-7,070
| -4% | -$1.53M |
|
|
DCH
1361
Dauch Corp
DCH
$1.31B
| $34M | 0.02% |
9,422,299
+87,070
| +0.9% | +$647K |
|
1362
First Bancorp
FBNC
$2.61B
| $34M | 0.02% |
1,473,373
-18,935
| -1% | -$619K |
|
|
MEET
1363
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $34M | 0.02% |
5,791,507
-33,900
| -0.6% | -$193K |
|
1364
Lazard
LAZ
$3.96B
| $34M | 0.02% |
1,442,915
+87,687
| +6% | +$3.25M |
|
1365
Essential Utilities
WTRG
$11.5B
| $34M | 0.02% |
833,901
-48,809
| -6% | -$2.3M |
|
1366
Protolabs
PRLB
$1.7B
| $33.9M | 0.02% |
444,919
-852
| -0.2% | -$79K |
|
1367
Apogee Enterprises
APOG
$833M
| $33.9M | 0.02% |
1,626,138
+61,320
| +4% | +$1.79M |
|
1368
Sonic Automotive
SAH
$3.56B
| $33.9M | 0.02% |
2,549,428
-50,585
| -2% | -$1.32M |
|
|
INFN
1369
DELISTED
Infinera Corporation Common Stock
INFN
| $33.8M | 0.02% |
6,385,571
-230,797
| -3% | -$1.58M |
|
1370
National Health Investors
NHI
$3.79B
| $33.8M | 0.02% |
682,864
+7,265
| +1% | +$551K |
|
1371
Patterson-UTI
PTEN
$3.54B
| $33.8M | 0.02% |
14,384,245
+672,620
| +5% | +$4.35M |
|
1372
Ambarella
AMBA
$3.04B
| $33.8M | 0.02% |
695,791
-12,035
| -2% | -$690K |
|
|
NTUS
1373
DELISTED
Natus Medical Inc
NTUS
| $33.8M | 0.02% |
1,460,714
-69,381
| -5% | -$2.02M |
|
1374
Gartner
IT
$11.1B
| $33.8M | 0.02% |
338,871
+10,558
| +3% | +$1.45M |
|
|
DOOR
1375
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $33.7M | 0.02% |
710,866
-12,161
| -2% | -$860K |
|
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.