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 | |
|---|---|---|---|---|---|---|
|
CBB
1526
DELISTED
Cincinnati Bell Inc.
CBB
| $27.7M | 0.01% |
1,893,830
| – | – |
|
1527
Triumph Financial Inc
TFIN
$1.81B
| $27.7M | 0.01% |
1,064,095
-38,558
| -3% | -$1.33M |
|
|
SGEN
1528
DELISTED
Seagen Inc. Common Stock
SGEN
| $27.6M | 0.01% |
239,516
+5,929
| +3% | +$657K |
|
|
CCF
1529
DELISTED
Chase Corporation
CCF
| $27.6M | 0.01% |
335,057
-80
| -0% | -$7.35K |
|
1530
Enova International
ENVA
$6.09B
| $27.6M | 0.01% |
1,901,491
-25,144
| -1% | -$498K |
|
|
TARO
1531
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $27.5M | 0.01% |
450,003
+52,079
| +13% | +$3.86M |
|
1532
Hanmi Financial
HAFC
$935M
| $27.5M | 0.01% |
2,536,016
-72,953
| -3% | -$1.16M |
|
|
MDP
1533
DELISTED
Meredith Corporation
MDP
| $27.5M | 0.01% |
2,251,356
-44,617
| -2% | -$1.19M |
|
1534
O-I Glass
OI
$1.18B
| $27.5M | 0.01% |
3,868,950
-7,751
| -0.2% | -$84.8K |
|
|
HBI
1535
DELISTED
Hanesbrands
HBI
| $27.5M | 0.01% |
3,491,052
+146,531
| +4% | +$1.86M |
|
1536
Twilio
TWLO
$28.6B
| $27.5M | 0.01% |
306,767
+91,178
| +42% | +$10M |
|
1537
Amphastar Pharmaceuticals
AMPH
$907M
| $27.4M | 0.01% |
1,847,353
+38,675
| +2% | +$673K |
|
1538
Middleby
MIDD
$6.01B
| $27.4M | 0.01% |
481,653
+26,285
| +6% | +$2.58M |
|
1539
Diamondback Energy
FANG
$56B
| $27.4M | 0.01% |
1,045,829
-451,731
| -30% | -$28.5M |
|
1540
Donegal Group Class A
DGICA
$715M
| $27.3M | 0.01% |
1,796,734
+8,844
| +0.5% | +$125K |
|
1541
First Hawaiian
FHB
$3.41B
| $27.2M | 0.01% |
1,648,123
+94,305
| +6% | +$2.38M |
|
1542
Anika Therapeutics
ANIK
$215M
| $27.2M | 0.01% |
942,233
-59,061
| -6% | -$2.39M |
|
1543
Telkom Indonesia
TLK
$14.2B
| $27.2M | 0.01% |
1,412,823
-61,213
| -4% | -$1.54M |
|
1544
Shutterstock
SSTK
$209M
| $27.2M | 0.01% |
844,846
+10,951
| +1% | +$438K |
|
|
PDLI
1545
DELISTED
PDL BioPharma, Inc.
PDLI
| $27.1M | 0.01% |
9,621,059
+90,110
| +0.9% | +$291K |
|
1546
Ameresco
AMRC
$980M
| $27.1M | 0.01% |
1,593,025
+2,605
| +0.2% | +$51.4K |
|
|
NSA
1547
DELISTED
National Storage Affiliates Trust
NSA
| $27.1M | 0.01% |
915,979
+9,862
| +1% | +$327K |
|
|
PGRE
1548
DELISTED
Paramount Group
PGRE
| $27.1M | 0.01% |
3,079,347
-69,587
| -2% | -$862K |
|
1549
Comtech Telecommunications
CMTL
$49.7M
| $27M | 0.01% |
2,033,917
+22,694
| +1% | +$638K |
|
1550
Sibanye-Stillwater
SBSW
$6.05B
| $27M | 0.01% |
5,722,029
-83,960
| -1% | -$750K |
|
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.