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 | |
|---|---|---|---|---|---|---|
1526
Watsco Inc
WSO
$12.6B
| $45.5M | 0.02% |
252,719
-3,148
| -1% | -$554K |
|
|
OSG
1527
Octave Specialty Group
OSG
$201M
| $45.5M | 0.02% |
2,108,143
-12,538
| -0.6% | -$257K |
|
1528
Interface
TILE
$1.99B
| $45.4M | 0.02% |
2,736,204
+1,901
| +0.1% | +$30.6K |
|
1529
Protolabs
PRLB
$2.07B
| $45.3M | 0.02% |
445,771
-3,929
| -0.9% | -$389K |
|
|
BMTC
1530
DELISTED
Bryn Mawr Bank Corp
BMTC
| $45.1M | 0.02% |
1,093,554
-9,978
| -0.9% | -$385K |
|
1531
BHP
BHP
$220B
| $45.1M | 0.02% |
923,932
+3,091
| +0.3% | +$140K |
|
1532
MYR Group
MYRG
$4.31B
| $45M | 0.02% |
1,382,222
-10,606
| -0.8% | -$350K |
|
|
BDN
1533
Brandywine Realty Trust
BDN
$505M
| $44.9M | 0.02% |
2,852,346
-36,722
| -1% | -$555K |
|
1534
First Hawaiian
FHB
$3.14B
| $44.8M | 0.02% |
1,553,818
+40,779
| +3% | +$1.15M |
|
1535
Trimble
TRMB
$13.4B
| $44.3M | 0.02% |
1,062,181
+152
| +0% | +$6.05K |
|
1536
Cboe Global Markets
CBOE
$27.8B
| $44.1M | 0.02% |
367,919
+37,892
| +11% | +$4.45M |
|
1537
StoneX
SNEX
$7.98B
| $44.1M | 0.02% |
4,574,121
+86
| +0% | +$712 |
|
1538
Yelp
YELP
$1.1B
| $44.1M | 0.02% |
1,266,387
-57,120
| -4% | -$1.94M |
|
|
NUAN
1539
DELISTED
Nuance Communications, Inc.
NUAN
| $44.1M | 0.02% |
2,472,361
-681,886
| -22% | -$11.3M |
|
|
SEE
1540
DELISTED
Sealed Air
SEE
| $44M | 0.02% |
1,105,091
-16,100
| -1% | -$638K |
|
1541
Artisan Partners
APAM
$2.59B
| $43.9M | 0.02% |
1,357,981
-3,235
| -0.2% | -$93.4K |
|
1542
Artivion
AORT
$1.16B
| $43.8M | 0.02% |
1,618,559
+681
| +0% | +$16.7K |
|
|
PGRE
1543
DELISTED
Paramount Group
PGRE
| $43.8M | 0.02% |
3,148,934
-105,726
| -3% | -$1.42M |
|
1544
REX American Resources
REX
$1.42B
| $43.8M | 0.02% |
3,206,484
-39,054
| -1% | -$540K |
|
1545
ArcelorMittal
MT
$56.6B
| $43.7M | 0.02% |
2,493,366
-56,669
| -2% | -$919K |
|
|
PR
1546
Permian Resources
PR
$19.4B
| $43.7M | 0.02% |
9,464,754
+1,382,762
| +17% | +$5.06M |
|
1547
NewMarket
NEU
$8.18B
| $43.6M | 0.02% |
89,591
-1,119
| -1% | -$538K |
|
|
MTSC
1548
DELISTED
MTS Systems Corp
MTSC
| $43.4M | 0.02% |
904,593
-10,609
| -1% | -$564K |
|
1549
Bio-Techne
TECH
$11.4B
| $43.4M | 0.02% |
791,472
-30,256
| -4% | -$1.59M |
|
1550
GameStop
GME
$11.5B
| $43.3M | 0.02% |
28,509,440
-1,523,888
| -5% | -$2.24M |
|
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.