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 | |
|---|---|---|---|---|---|---|
1401
Federal Agricultural Mortgage
AGM
$2.44B
| $51.2M | 0.02% |
613,478
-44,179
| -7% | -$3.67M |
|
1402
News Corp Class B
NWS
$18B
| $51.2M | 0.02% |
3,526,513
+160,587
| +5% | +$2.21M |
|
1403
LG Display
LPL
$3B
| $51.1M | 0.02% |
7,369,035
-348,820
| -5% | -$2.17M |
|
1404
Evertec
EVTC
$1.68B
| $51.1M | 0.02% |
1,501,051
-14,109
| -0.9% | -$447K |
|
1405
Century Aluminum
CENX
$4.06B
| $51M | 0.02% |
6,790,796
-568,416
| -8% | -$3.94M |
|
1406
Fortinet
FTNT
$127B
| $51M | 0.02% |
2,389,500
+12,375
| +0.5% | +$233K |
|
1407
Enterprise Financial Services Corp
EFSC
$2.25B
| $51M | 0.02% |
1,058,063
+150
| +0% | +$6.66K |
|
1408
Pilgrim's Pride
PPC
$7.04B
| $51M | 0.02% |
1,558,753
-43,498
| -3% | -$1.35M |
|
|
PFC
1409
DELISTED
Premier Financial Corp. Common Stock
PFC
| $50.9M | 0.02% |
1,617,763
-33,752
| -2% | -$1.02M |
|
1410
COPT Defense Properties
CDP
$3.92B
| $50.9M | 0.02% |
1,733,086
+34,646
| +2% | +$1.01M |
|
1411
Westamerica Bancorp
WABC
$1.4B
| $50.9M | 0.02% |
750,732
+1,584
| +0.2% | +$104K |
|
1412
Apogee Enterprises
APOG
$787M
| $50.9M | 0.02% |
1,564,818
-12,438
| -0.8% | -$463K |
|
1413
Seacoast Banking Corp of Florida
SBCF
$3.26B
| $50.8M | 0.02% |
1,663,293
-6,308
| -0.4% | -$179K |
|
|
TSE
1414
DELISTED
Trinseo
TSE
| $50.7M | 0.02% |
1,362,078
-56,062
| -4% | -$2.28M |
|
1415
Atmos Energy
ATO
$27.4B
| $50.6M | 0.02% |
452,458
-84
| -0% | -$9.21K |
|
1416
Gartner
IT
$11.9B
| $50.6M | 0.02% |
328,313
-164
| -0% | -$25K |
|
1417
Universal Electronics
UEIC
$70.1M
| $50.5M | 0.02% |
966,497
-7,489
| -0.8% | -$401K |
|
1418
Usana Health Sciences
USNA
$265M
| $50.5M | 0.02% |
642,974
+2,759
| +0.4% | +$203K |
|
1419
Manitowoc
MTW
$788M
| $50.5M | 0.02% |
2,884,776
-18,357
| -0.6% | -$268K |
|
|
NTUS
1420
DELISTED
Natus Medical Inc
NTUS
| $50.5M | 0.02% |
1,530,095
-21,542
| -1% | -$690K |
|
1421
Kforce
KFRC
$922M
| $50.5M | 0.02% |
1,271,191
-72,377
| -5% | -$2.86M |
|
1422
The Bancorp
TBBK
$2.07B
| $50.4M | 0.02% |
3,888,141
-215
| -0% | -$2.41K |
|
1423
NETGEAR
NTGR
$625M
| $50.4M | 0.02% |
2,057,226
-4,764
| -0.2% | -$130K |
|
1424
Lakeland Financial Corp
LKFN
$1.49B
| $50.4M | 0.02% |
1,030,144
-9,648
| -0.9% | -$449K |
|
|
WLL
1425
DELISTED
Whiting Petroleum Corporation
WLL
| $50.4M | 0.02% |
91,515
+5,827
| +7% | +$2.82M |
|
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.