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 | |
|---|---|---|---|---|---|---|
1476
Incyte
INCY
$25.8B
| $29.7M | 0.02% |
404,992
+34,613
| +9% | +$2.61M |
|
1477
Lindsay Corp
LNN
$1.14B
| $29.6M | 0.02% |
323,332
-9,414
| -3% | -$928K |
|
1478
Moelis & Co
MC
$4.85B
| $29.6M | 0.02% |
1,052,525
+49,915
| +5% | +$1.64M |
|
|
CMD
1479
DELISTED
Cantel Medical Corporation
CMD
| $29.5M | 0.02% |
822,943
-32,656
| -4% | -$1.86M |
|
1480
EPR Properties
EPR
$4.89B
| $29.5M | 0.02% |
1,219,664
+30,166
| +3% | +$1.73M |
|
1481
Waterstone Financial
WSBF
$371M
| $29.5M | 0.02% |
2,028,284
-25,347
| -1% | -$430K |
|
1482
Dolby
DLB
$4.97B
| $29.4M | 0.02% |
542,879
-6,890
| -1% | -$451K |
|
|
ACIA
1483
DELISTED
Acacia Communications Inc
ACIA
| $29.4M | 0.02% |
438,027
+16,676
| +4% | +$1.13M |
|
1484
Banco Bradesco
BBD
$37.4B
| $29.4M | 0.02% |
9,630,311
-10,237,180
| -52% | -$52.7M |
|
|
BIG
1485
DELISTED
Big Lots, Inc.
BIG
| $29.4M | 0.02% |
2,065,387
-180,139
| -8% | -$4.08M |
|
1486
Artisan Partners
APAM
$2.86B
| $29.4M | 0.02% |
1,366,080
+8,099
| +0.6% | +$243K |
|
|
IRBT
1487
DELISTED
iRobot
IRBT
| $29.3M | 0.02% |
715,987
-9,120
| -1% | -$438K |
|
1488
OGE Energy
OGE
$9.87B
| $29.2M | 0.02% |
951,411
+6,444
| +0.7% | +$261K |
|
1489
Cullen/Frost Bankers
CFR
$10.5B
| $29.2M | 0.02% |
524,069
+28,255
| +6% | +$2.3M |
|
1490
Oxford Industries
OXM
$581M
| $29.2M | 0.02% |
804,937
-3,569
| -0.4% | -$219K |
|
|
ARCH
1491
DELISTED
Arch Resources, Inc.
ARCH
| $29.1M | 0.02% |
1,008,426
-14,604
| -1% | -$748K |
|
|
BDN
1492
Brandywine Realty Trust
BDN
$505M
| $29.1M | 0.02% |
2,767,737
-84,609
| -3% | -$1.19M |
|
1493
Tyler Technologies
TYL
$13.7B
| $29.1M | 0.02% |
98,148
-5,766
| -6% | -$1.79M |
|
1494
Enterprise Financial Services Corp
EFSC
$2.4B
| $29.1M | 0.02% |
1,042,089
-15,974
| -2% | -$642K |
|
|
SEE
1495
DELISTED
Sealed Air
SEE
| $29M | 0.02% |
1,174,135
+69,044
| +6% | +$2.25M |
|
1496
Teladoc Health
TDOC
$1.66B
| $28.9M | 0.02% |
186,606
-48,905
| -21% | -$5.69M |
|
|
NATI
1497
DELISTED
National Instruments Corp
NATI
| $28.9M | 0.02% |
874,695
+68,051
| +8% | +$2.72M |
|
1498
Alnylam Pharmaceuticals
ALNY
$38.3B
| $28.9M | 0.02% |
265,758
+4,513
| +2% | +$521K |
|
1499
Five Below
FIVE
$11.6B
| $28.9M | 0.02% |
410,465
+21,243
| +5% | +$2.16M |
|
|
RDUS
1500
DELISTED
Radius Recycling
RDUS
| $28.9M | 0.02% |
2,214,962
-8,412
| -0.4% | -$141K |
|
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.