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 | |
|---|---|---|---|---|---|---|
|
GCP
1576
DELISTED
GCP Applied Technologies Inc.
GCP
| $42.5M | 0.02% |
1,871,152
+4,055
| +0.2% | +$87.3K |
|
|
CAI
1577
DELISTED
CAI International, Inc.
CAI
| $42.4M | 0.02% |
1,464,018
-2,654
| -0.2% | -$64.4K |
|
1578
Alliant Energy
LNT
$17.3B
| $42.4M | 0.02% |
774,834
+789
| +0.1% | +$41.9K |
|
1579
Pinnacle West Capital
PNW
$11.6B
| $42.4M | 0.02% |
471,357
+2,505
| +0.5% | +$226K |
|
1580
Hyatt Hotels
H
$14.6B
| $42.2M | 0.02% |
470,086
-3,308
| -0.7% | -$258K |
|
1581
HealthEquity
HQY
$7.82B
| $42.1M | 0.02% |
568,882
-52,908
| -9% | -$3.3M |
|
1582
Cognex
CGNX
$10.2B
| $42.1M | 0.02% |
750,411
-79,690
| -10% | -$4.12M |
|
1583
OGE Energy
OGE
$9.56B
| $42M | 0.02% |
944,967
+3,342
| +0.4% | +$144K |
|
1584
Argan
AGX
$5.37B
| $42M | 0.02% |
1,046,801
-175,151
| -14% | -$6.73M |
|
1585
Telkom Indonesia
TLK
$14B
| $42M | 0.02% |
1,474,036
-34,493
| -2% | -$999K |
|
|
CDK
1586
DELISTED
CDK Global, Inc.
CDK
| $41.9M | 0.02% |
766,755
-9,338
| -1% | -$480K |
|
1587
Triumph Financial Inc
TFIN
$1.51B
| $41.9M | 0.02% |
1,102,653
-17,990
| -2% | -$621K |
|
|
VBTX
1588
DELISTED
Veritex Holdings
VBTX
| $41.9M | 0.02% |
1,438,840
-463,524
| -24% | -$11.9M |
|
1589
HealthStream
HSTM
$893M
| $41.8M | 0.02% |
1,538,092
-21,800
| -1% | -$600K |
|
1590
Resources Connection
RGP
$137M
| $41.8M | 0.02% |
2,558,460
-34,917
| -1% | -$531K |
|
1591
Erie Indemnity
ERIE
$12.8B
| $41.7M | 0.02% |
251,028
-18,926
| -7% | -$3.34M |
|
1592
Ethan Allen Interiors
ETD
$541M
| $41.6M | 0.02% |
2,180,551
-43,698
| -2% | -$814K |
|
1593
V2X
VVX
$2.4B
| $41.5M | 0.02% |
810,162
-18,684
| -2% | -$901K |
|
1594
Huazhu Hotels Group
HTHT
$13.3B
| $41.5M | 0.02% |
1,035,016
+162,181
| +19% | +$5.85M |
|
|
HIBB
1595
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $41.5M | 0.02% |
1,478,624
-16,265
| -1% | -$413K |
|
|
TMX
1596
DELISTED
Terminix Global Holdings, Inc.
TMX
| $41.5M | 0.02% |
1,072,399
-38,105
| -3% | -$1.62M |
|
1597
Essential Utilities
WTRG
$11.8B
| $41.4M | 0.02% |
882,710
-34,615
| -4% | -$1.56M |
|
1598
Digi International
DGII
$2.76B
| $41.3M | 0.02% |
2,332,988
+8,096
| +0.3% | +$129K |
|
|
IPHI
1599
DELISTED
INPHI CORPORATION
IPHI
| $41.3M | 0.02% |
558,478
+48,185
| +9% | +$3.31M |
|
|
DCPH
1600
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $41.2M | 0.02% |
662,734
+41,231
| +7% | +$1.96M |
|
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.