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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Littelfuse
LFUS
$11.2B
| $48.9M | 0.02% |
276,062
-1,875
| -0.7% | -$317K |
|
1402
Hanmi Financial
HAFC
$945M
| $48.9M | 0.02% |
2,601,658
+3,837
| +0.1% | +$75.6K |
|
1403
Century Aluminum
CENX
$4.43B
| $48.8M | 0.02% |
7,359,212
+41,020
| +0.6% | +$272K |
|
|
PGTI
1404
DELISTED
PGT, Inc.
PGTI
| $48.8M | 0.02% |
2,824,343
-37,972
| -1% | -$597K |
|
1405
Cleveland-Cliffs
CLF
$6.57B
| $48.7M | 0.02% |
6,751,414
-470,794
| -7% | -$4.24M |
|
|
RAVN
1406
DELISTED
Raven Industries Inc
RAVN
| $48.7M | 0.02% |
1,454,371
-1,063
| -0.1% | -$35.7K |
|
1407
Modine Manufacturing
MOD
$10.7B
| $48.5M | 0.02% |
4,265,237
-4,621
| -0.1% | -$54.8K |
|
1408
Five Below
FIVE
$12B
| $48.4M | 0.02% |
384,197
-4,082
| -1% | -$496K |
|
1409
Primoris Services
PRIM
$4.58B
| $48.4M | 0.02% |
2,469,422
+21,588
| +0.9% | +$431K |
|
1410
Crane NXT
CXT
$2.99B
| $48.4M | 0.02% |
1,728,684
+56,906
| +3% | +$1.59M |
|
|
UCTT
1411
Ultra Clean Holdings
UCTT
$3.73B
| $48.3M | 0.02% |
3,297,828
+8,304
| +0.3% | +$115K |
|
1412
Stellantis
STLA
$21.7B
| $48.3M | 0.02% |
3,726,318
+320,160
| +9% | +$4.28M |
|
1413
Lennox International
LII
$14.4B
| $48.2M | 0.02% |
198,550
-25,090
| -11% | -$6.47M |
|
1414
News Corp Class B
NWS
$16.9B
| $48.1M | 0.02% |
3,365,926
+331,078
| +11% | +$4.64M |
|
1415
United Natural Foods
UNFI
$3.08B
| $48.1M | 0.02% |
4,174,865
-108,215
| -3% | -$1.03M |
|
1416
Argan
AGX
$8B
| $48M | 0.02% |
1,221,952
-17,931
| -1% | -$724K |
|
1417
West Pharmaceutical
WST
$24B
| $47.9M | 0.02% |
338,019
-4,327
| -1% | -$596K |
|
1418
RLJ Lodging Trust
RLJ
$1.86B
| $47.9M | 0.02% |
2,820,210
+38,040
| +1% | +$646K |
|
|
REGI
1419
DELISTED
Renewable Energy Group, Inc.
REGI
| $47.9M | 0.02% |
3,191,980
+19,377
| +0.6% | +$267K |
|
|
EGOV
1420
DELISTED
NIC Inc
EGOV
| $47.9M | 0.02% |
2,319,040
+22,146
| +1% | +$433K |
|
|
FFIC
1421
DELISTED
Flushing Financial
FFIC
| $47.9M | 0.02% |
2,369,788
+1,825
| +0.1% | +$37.3K |
|
|
STMP
1422
DELISTED
Stamps.com, Inc.
STMP
| $47.9M | 0.02% |
642,868
+92,499
| +17% | +$5.43M |
|
1423
Churchill Downs
CHDN
$5.88B
| $47.8M | 0.02% |
775,174
+21,332
| +3% | +$1.29M |
|
|
PFC
1424
DELISTED
Premier Financial Corp. Common Stock
PFC
| $47.8M | 0.02% |
1,651,515
-5,118
| -0.3% | -$142K |
|
|
NAV
1425
DELISTED
Navistar International
NAV
| $47.8M | 0.02% |
1,701,695
-10,907
| -0.6% | -$310K |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-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 Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.