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 | |
|---|---|---|---|---|---|---|
1551
Viasat
VSAT
$9.67B
| $27M | 0.01% |
751,891
+5,952
| +0.8% | +$343K |
|
1552
RELX
RELX
$66.7B
| $27M | 0.01% |
1,260,388
+115,995
| +10% | +$2.82M |
|
1553
GoDaddy
GDDY
$13.9B
| $26.9M | 0.01% |
471,604
+20,578
| +5% | +$1.36M |
|
|
ARNA
1554
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $26.9M | 0.01% |
640,765
-9,560
| -1% | -$438K |
|
|
SNBR
1555
DELISTED
Sleep Number
SNBR
| $26.9M | 0.01% |
1,402,987
-194,870
| -12% | -$8.68M |
|
|
LSXMA
1556
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $26.8M | 0.01% |
1,172,021
+4,305
| +0.4% | +$136K |
|
1557
HCI Group
HCI
$2.34B
| $26.7M | 0.01% |
664,390
-33,494
| -5% | -$1.45M |
|
|
TSE
1558
DELISTED
Trinseo
TSE
| $26.7M | 0.01% |
1,474,532
+112,454
| +8% | +$2.98M |
|
1559
America's Car Mart
CRMT
$25.9M
| $26.7M | 0.01% |
473,712
-32,273
| -6% | -$3.16M |
|
1560
Planet Fitness
PLNT
$4.45B
| $26.7M | 0.01% |
547,464
-98,116
| -15% | -$6.84M |
|
1561
Chunghwa Telecom
CHT
$33.5B
| $26.7M | 0.01% |
749,741
-69,271
| -8% | -$2.5M |
|
1562
Washington Trust Bancorp
WASH
$748M
| $26.6M | 0.01% |
727,359
+10,217
| +1% | +$462K |
|
1563
Innoviva
INVA
$1.6B
| $26.6M | 0.01% |
2,259,013
-152,623
| -6% | -$2.02M |
|
1564
Strategy Inc
MSTR
$34.1B
| $26.6M | 0.01% |
2,249,560
-75,480
| -3% | -$1.03M |
|
1565
Miller Industries
MLR
$577M
| $26.6M | 0.01% |
938,921
-4,598
| -0.5% | -$148K |
|
|
NXGN
1566
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $26.5M | 0.01% |
2,541,408
+23,353
| +0.9% | +$301K |
|
|
AY
1567
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $26.5M | 0.01% |
1,186,379
-7,229
| -0.6% | -$195K |
|
1568
Wyndham Hotels & Resorts
WH
$5.61B
| $26.3M | 0.01% |
834,505
+53,026
| +7% | +$2.7M |
|
|
ECOL
1569
DELISTED
US Ecology, Inc.
ECOL
| $26.1M | 0.01% |
857,187
| – | – |
|
1570
Veeco
VECO
$2.62B
| $26.1M | 0.01% |
2,722,317
-218,893
| -7% | -$2.94M |
|
1571
Howard Hughes
HHH
$3.94B
| $26M | 0.01% |
539,894
+99,767
| +23% | +$10M |
|
|
OSG
1572
Octave Specialty Group
OSG
$257M
| $26M | 0.01% |
2,103,318
-4,825
| -0.2% | -$92.5K |
|
1573
National Fuel Gas
NFG
$7.69B
| $25.9M | 0.01% |
694,106
-24,585
| -3% | -$1.01M |
|
1574
Teva Pharmaceuticals
TEVA
$40.4B
| $25.8M | 0.01% |
2,873,290
+1,187,765
| +70% | +$12.2M |
|
1575
Artivion
AORT
$1.34B
| $25.8M | 0.01% |
1,522,790
-95,769
| -6% | -$2.46M |
|
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.