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 | |
|---|---|---|---|---|---|---|
|
BOLD
1476
DELISTED
Audentes Therapeutics, Inc
BOLD
| $48.3M | 0.02% |
806,830
+24,451
| +3% | +$918K |
|
1477
Planet Fitness
PLNT
$3.77B
| $48.2M | 0.02% |
645,580
-570,004
| -47% | -$38.4M |
|
|
RDUS
1478
DELISTED
Radius Recycling
RDUS
| $48.2M | 0.02% |
2,223,374
-12,897
| -0.6% | -$275K |
|
1479
Philips
PHG
$24.1B
| $48.1M | 0.02% |
1,239,975
+38,681
| +3% | +$1.4M |
|
|
PDM
1480
Piedmont Realty Trust
PDM
$1.17B
| $48.1M | 0.02% |
2,161,961
-51,632
| -2% | -$1.11M |
|
1481
JELD-WEN Holding
JELD
$164M
| $48M | 0.02% |
2,052,435
+9,265
| +0.5% | +$191K |
|
|
QTS
1482
DELISTED
QTS REALTY TRUST, INC.
QTS
| $48M | 0.02% |
884,557
+27,456
| +3% | +$1.44M |
|
1483
Dave & Buster's
PLAY
$228M
| $47.9M | 0.02% |
1,191,991
-73,294
| -6% | -$2.93M |
|
1484
James River Group Holdings
JRVR
$175M
| $47.8M | 0.02% |
1,160,520
-6,459
| -0.6% | -$254K |
|
1485
Matrix Service
MTRX
$282M
| $47.8M | 0.02% |
2,089,618
+17,324
| +0.8% | +$342K |
|
1486
Herbalife
HLF
$1.23B
| $47.8M | 0.02% |
1,001,702
+2,761
| +0.3% | +$120K |
|
1487
Neogen
NEOG
$2.8B
| $47.7M | 0.02% |
1,462,594
-17,440
| -1% | -$573K |
|
1488
Domino's
DPZ
$9.85B
| $47.7M | 0.02% |
162,348
+398
| +0.2% | +$110K |
|
1489
Lennox International
LII
$12.4B
| $47.6M | 0.02% |
195,208
-3,342
| -2% | -$829K |
|
1490
HNI Corp
HNI
$3.35B
| $47.6M | 0.02% |
1,270,135
-25,656
| -2% | -$980K |
|
1491
Southwest Gas
SWX
$6.27B
| $47.4M | 0.02% |
624,464
-750
| -0.1% | -$61K |
|
|
LMNX
1492
DELISTED
Luminex Corp
LMNX
| $47.4M | 0.02% |
2,047,023
-32,045
| -2% | -$661K |
|
|
ATRI
1493
DELISTED
Atrion Corp
ATRI
| $47.4M | 0.02% |
63,037
-458
| -0.7% | -$345K |
|
1494
Cenovus Energy
CVE
$60.7B
| $47.3M | 0.02% |
4,664,184
-38,453
| -0.8% | -$349K |
|
1495
Conduent
CNDT
$264M
| $47.3M | 0.02% |
7,634,638
-33,507
| -0.4% | -$210K |
|
1496
Integra LifeSciences
IART
$1.17B
| $47.3M | 0.02% |
810,850
-49,331
| -6% | -$2.94M |
|
1497
Morningstar
MORN
$7.61B
| $47.2M | 0.02% |
312,255
-3,899
| -1% | -$599K |
|
1498
Paylocity
PCTY
$7.76B
| $47.1M | 0.02% |
389,726
-55,023
| -12% | -$6.03M |
|
1499
Ennis
EBF
$541M
| $47.1M | 0.02% |
2,173,923
-19,064
| -0.9% | -$388K |
|
1500
Peabody Energy
BTU
$3.32B
| $47.1M | 0.02% |
5,160,088
+124,109
| +2% | +$1.43M |
|
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.