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 | |
|---|---|---|---|---|---|---|
1401
Cimpress
CMPR
$2.37B
| $32.9M | 0.02% |
618,494
-23,191
| -4% | -$2.35M |
|
1402
Adeia
ADEA
$2.55B
| $32.9M | 0.02% |
8,940,906
-546,391
| -6% | -$2.33M |
|
1403
Healthcare Services Group
HCSG
$1.61B
| $32.8M | 0.02% |
1,373,712
+46,103
| +3% | +$1.19M |
|
1404
Sony
SONY
$137B
| $32.8M | 0.02% |
2,773,805
| – | – |
|
|
VRS
1405
DELISTED
Verso Corporation
VRS
| $32.8M | 0.02% |
2,909,888
+12,914
| +0.4% | +$201K |
|
1406
Enerpac Tool Group
EPAC
$1.86B
| $32.7M | 0.02% |
1,975,722
-255,144
| -11% | -$5.66M |
|
1407
Supernus Pharmaceuticals
SUPN
$2.7B
| $32.7M | 0.02% |
1,816,890
+154,883
| +9% | +$3.25M |
|
1408
Wabash National
WNC
$504M
| $32.6M | 0.02% |
4,521,438
-114,653
| -2% | -$1.28M |
|
1409
AngioDynamics
ANGO
$605M
| $32.6M | 0.02% |
3,129,661
+1,787
| +0.1% | +$22.4K |
|
|
NP
1410
DELISTED
Neenah, Inc. Common Stock
NP
| $32.5M | 0.02% |
754,704
-8,818
| -1% | -$522K |
|
1411
United Natural Foods
UNFI
$3.04B
| $32.5M | 0.02% |
3,537,324
+146,655
| +4% | +$1.16M |
|
1412
Eagle Materials
EXP
$6.49B
| $32.5M | 0.02% |
555,917
-24,190
| -4% | -$1.93M |
|
1413
Argan
AGX
$6.9B
| $32.4M | 0.02% |
937,517
-109,284
| -10% | -$4.53M |
|
1414
Alcon
ALC
$34B
| $32.2M | 0.02% |
633,826
+56,258
| +10% | +$3.23M |
|
1415
Cohu
COHU
$1.86B
| $32.2M | 0.02% |
2,600,898
-120,545
| -4% | -$2.46M |
|
1416
US Physical Therapy
USPH
$1.22B
| $32.2M | 0.02% |
466,310
-9,467
| -2% | -$998K |
|
|
ENV
1417
DELISTED
ENVESTNET, INC.
ENV
| $32.1M | 0.02% |
597,160
+41,697
| +8% | +$2.99M |
|
1418
AppFolio
APPF
$6.62B
| $31.9M | 0.02% |
287,534
+4,351
| +2% | +$519K |
|
1419
Hexcel
HXL
$7.97B
| $31.9M | 0.02% |
857,945
-67,790
| -7% | -$4.38M |
|
1420
Great Southern Bancorp
GSBC
$878M
| $31.9M | 0.02% |
788,530
-3,590
| -0.5% | -$189K |
|
1421
Hyster-Yale Materials Handling
HY
$576M
| $31.9M | 0.02% |
794,517
-30,980
| -4% | -$1.56M |
|
1422
Frontdoor
FTDR
$5.27B
| $31.8M | 0.02% |
914,067
+9,034
| +1% | +$385K |
|
1423
Alarm.com
ALRM
$2.75B
| $31.7M | 0.02% |
815,945
+13,921
| +2% | +$607K |
|
1424
HNI Corp
HNI
$3.08B
| $31.7M | 0.02% |
1,259,604
-10,531
| -0.8% | -$350K |
|
|
FFIC
1425
DELISTED
Flushing Financial
FFIC
| $31.6M | 0.02% |
2,368,598
-3,007
| -0.1% | -$55.2K |
|
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.