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 | |
|---|---|---|---|---|---|---|
1426
Apple Hospitality REIT
APLE
$3.97B
| $31.6M | 0.02% |
3,450,189
-5,486
| -0.2% | -$72K |
|
1427
BioMarin Pharmaceuticals
BMRN
$11.9B
| $31.6M | 0.02% |
374,405
+179
| +0% | +$15.4K |
|
1428
BWX Technologies
BWXT
$14.4B
| $31.6M | 0.02% |
648,410
-46,100
| -7% | -$2.74M |
|
1429
American Public Education
APEI
$940M
| $31.5M | 0.02% |
1,315,291
-43,668
| -3% | -$1.06M |
|
|
STAY
1430
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $31.3M | 0.02% |
4,284,650
+366,837
| +9% | +$4.22M |
|
1431
Monolithic Power Systems
MPWR
$61.4B
| $31.3M | 0.02% |
187,051
-8,166
| -4% | -$1.4M |
|
|
HSII
1432
DELISTED
Heidrick & Struggles
HSII
| $31.2M | 0.02% |
1,387,043
-25,105
| -2% | -$667K |
|
1433
Deluxe
DLX
$1.25B
| $31.2M | 0.02% |
1,202,983
-333,820
| -22% | -$12.9M |
|
1434
1-800-Flowers.com
FLWS
$252M
| $31.2M | 0.02% |
2,357,290
-197,482
| -8% | -$3.04M |
|
1435
Future Fuel
FF
$205M
| $31.2M | 0.02% |
2,764,988
+47,729
| +2% | +$531K |
|
1436
Varex Imaging
VREX
$462M
| $31.2M | 0.02% |
1,372,209
+360
| +0% | +$9.27K |
|
1437
LG Display
LPL
$2.79B
| $31.1M | 0.02% |
6,997,568
-371,467
| -5% | -$2.22M |
|
|
CVA
1438
DELISTED
Covanta Holding Corporation
CVA
| $31.1M | 0.02% |
3,632,051
-104,637
| -3% | -$1.41M |
|
1439
Medifast
MED
$107M
| $31M | 0.02% |
496,745
-28,709
| -5% | -$2.61M |
|
1440
Sunstone Hotel Investors
SHO
$2.19B
| $31M | 0.02% |
3,564,179
-34,555
| -1% | -$402K |
|
1441
Range Resources
RRC
$9.33B
| $31M | 0.02% |
13,597,017
-1,115,663
| -8% | -$3.55M |
|
1442
LivaNova
LIVN
$4.47B
| $31M | 0.02% |
684,398
+20,789
| +3% | +$1.35M |
|
1443
G-III Apparel Group
GIII
$1.54B
| $30.9M | 0.02% |
4,019,467
-49,479
| -1% | -$1.13M |
|
1444
Simply Good Foods
SMPL
$907M
| $30.9M | 0.02% |
1,606,256
+105,877
| +7% | +$2.32M |
|
1445
V2X
VVX
$2.7B
| $30.9M | 0.02% |
746,800
-63,362
| -8% | -$3.23M |
|
1446
Zillow
Z
$7.78B
| $30.9M | 0.02% |
858,144
-24,786
| -3% | -$1.14M |
|
1447
Blackstone
BX
$104B
| $30.9M | 0.02% |
677,703
+123,949
| +22% | +$6.86M |
|
1448
Piper Sandler
PIPR
$4.99B
| $30.8M | 0.02% |
2,434,924
-39,868
| -2% | -$710K |
|
|
BMTC
1449
DELISTED
Bryn Mawr Bank Corp
BMTC
| $30.8M | 0.02% |
1,083,942
-9,612
| -0.9% | -$337K |
|
|
TRST
1450
Trustco Bank Corp NY
TRST
$953M
| $30.7M | 0.02% |
1,135,665
-24,526
| -2% | -$891K |
|
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.