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 | |
|---|---|---|---|---|---|---|
1551
Enanta Pharmaceuticals
ENTA
$365M
| $43.3M | 0.02% |
700,791
+32,100
| +5% | +$1.99M |
|
|
NVO
1552
Novo Nordisk
NVO
$191B
| $43.3M | 0.02% |
1,495,522
| – | – |
|
|
SPTN
1553
DELISTED
SpartanNash
SPTN
| $43.3M | 0.02% |
3,038,873
+10,160
| +0.3% | +$134K |
|
1554
Lamb Weston
LW
$6.39B
| $43.3M | 0.02% |
502,832
+15,235
| +3% | +$1.23M |
|
1555
CenterPoint Energy
CNP
$25.4B
| $43.2M | 0.02% |
1,585,982
+9,936
| +0.6% | +$270K |
|
1556
Mercantile Bank Corp
MBWM
$1.04B
| $43.2M | 0.02% |
1,185,013
-7,886
| -0.7% | -$277K |
|
1557
Veeco
VECO
$2.53B
| $43.2M | 0.02% |
2,941,210
-184,591
| -6% | -$2.51M |
|
|
KBAL
1558
DELISTED
Kimball International
KBAL
| $43.1M | 0.02% |
2,086,585
-41,662
| -2% | -$859K |
|
1559
BWX Technologies
BWXT
$13.4B
| $43.1M | 0.02% |
694,510
-7,336
| -1% | -$436K |
|
1560
TAL Education Group
TAL
$6.49B
| $43M | 0.02% |
892,009
-10,577
| -1% | -$454K |
|
1561
United Parks & Resorts
PRKS
$1.62B
| $43M | 0.02% |
1,355,879
+10,990
| +0.8% | +$317K |
|
|
SIX
1562
DELISTED
Six Flags Entertainment Corp.
SIX
| $43M | 0.02% |
952,778
+106,196
| +13% | +$4.89M |
|
1563
Financial Institutions
FISI
$802M
| $42.9M | 0.02% |
1,337,901
-3,257
| -0.2% | -$103K |
|
1564
SiteOne Landscape Supply
SITE
$3.89B
| $42.9M | 0.02% |
473,508
+1,958
| +0.4% | +$166K |
|
1565
Frontdoor
FTDR
$5.48B
| $42.9M | 0.02% |
905,033
+14,150
| +2% | +$663K |
|
|
SINA
1566
DELISTED
Sina Corp
SINA
| $42.9M | 0.02% |
1,075,760
+461,599
| +75% | +$17.7M |
|
1567
Ambarella
AMBA
$2.95B
| $42.9M | 0.02% |
707,826
+2,890
| +0.4% | +$160K |
|
1568
NeoGenomics
NEO
$2.56B
| $42.8M | 0.02% |
1,464,633
+5,147
| +0.4% | +$123K |
|
1569
Kinsale Capital Group
KNSL
$8.19B
| $42.8M | 0.02% |
421,365
+13,710
| +3% | +$1.36M |
|
1570
Simply Good Foods
SMPL
$889M
| $42.8M | 0.02% |
1,500,379
+65,253
| +5% | +$1.72M |
|
|
DNKN
1571
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $42.8M | 0.02% |
566,634
-8,702
| -2% | -$658K |
|
1572
Grand Canyon Education
LOPE
$3.97B
| $42.7M | 0.02% |
445,817
+45,263
| +11% | +$4.18M |
|
1573
Cheniere Energy
LNG
$55.7B
| $42.7M | 0.02% |
698,950
-337
| -0% | -$20.7K |
|
|
TSC
1574
DELISTED
TriState Capital Holdings, Inc.
TSC
| $42.7M | 0.02% |
1,633,207
+4,821
| +0.3% | +$115K |
|
1575
Smith & Wesson
SWBI
$598M
| $42.6M | 0.02% |
5,965,483
-37,540
| -0.6% | -$229K |
|
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.