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 | |
|---|---|---|---|---|---|---|
|
EMBJ
1626
Embraer S.A. ADS
EMBJ
$12.1B
| $23.9M | 0.01% |
3,234,053
-433,879
| -12% | -$6.57M |
|
|
LGF.B
1627
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $23.9M | 0.01% |
4,286,190
+409,267
| +11% | +$3.42M |
|
1628
Pebblebrook Hotel Trust
PEB
$2.12B
| $23.8M | 0.01% |
2,189,747
-21,015
| -1% | -$427K |
|
1629
Orthofix Medical
OFIX
$477M
| $23.8M | 0.01% |
850,588
-28,911
| -3% | -$1.12M |
|
1630
The Bancorp
TBBK
$2.7B
| $23.8M | 0.01% |
3,919,853
+31,712
| +0.8% | +$339K |
|
1631
ArcelorMittal
MT
$52.3B
| $23.8M | 0.01% |
2,546,781
+53,415
| +2% | +$749K |
|
1632
Carriage Services
CSV
$637M
| $23.7M | 0.01% |
1,467,774
-48,913
| -3% | -$1.06M |
|
1633
Cheniere Energy
LNG
$54.1B
| $23.7M | 0.01% |
707,897
+8,947
| +1% | +$459K |
|
1634
Powell Industries
POWL
$7.63B
| $23.7M | 0.01% |
2,769,804
-62,847
| -2% | -$752K |
|
1635
Cars.com
CARS
$664M
| $23.7M | 0.01% |
5,507,081
-19,744
| -0.4% | -$191K |
|
|
JKS
1636
JinkoSolar
JKS
$777M
| $23.6M | 0.01% |
1,592,729
+130,638
| +9% | +$2.74M |
|
1637
WEX
WEX
$6.35B
| $23.6M | 0.01% |
226,153
+4,594
| +2% | +$858K |
|
|
CXP
1638
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $23.6M | 0.01% |
1,885,756
-61,962
| -3% | -$1.16M |
|
1639
American Airlines Group
AAL
$10.2B
| $23.6M | 0.01% |
1,933,136
+133,287
| +7% | +$3.04M |
|
1640
Century Aluminum
CENX
$4.44B
| $23.5M | 0.01% |
6,489,043
-301,753
| -4% | -$1.69M |
|
1641
PetMed Express
PETS
$42.3M
| $23.3M | 0.01% |
810,613
-11,053
| -1% | -$290K |
|
1642
H&R Block
HRB
$5.61B
| $23.3M | 0.01% |
1,652,367
+54,129
| +3% | +$1.13M |
|
|
KE
1643
Kimball Electronics
KE
$591M
| $23.2M | 0.01% |
2,128,363
-16,515
| -0.8% | -$246K |
|
|
HEES
1644
DELISTED
H&E Equipment Services
HEES
| $23.2M | 0.01% |
1,581,120
-41,673
| -3% | -$1.01M |
|
1645
Travel + Leisure Co
TNL
$4.61B
| $23.2M | 0.01% |
1,067,669
-14,629
| -1% | -$610K |
|
1646
Designer Brands
DBI
$314M
| $23.1M | 0.01% |
4,642,194
-137,858
| -3% | -$1.78M |
|
1647
World Acceptance Corp
WRLD
$840M
| $23.1M | 0.01% |
422,339
-21,596
| -5% | -$1.67M |
|
1648
Manitowoc
MTW
$497M
| $23M | 0.01% |
2,707,613
-177,163
| -6% | -$2.31M |
|
1649
Sally Beauty Holdings
SBH
$1.46B
| $23M | 0.01% |
2,846,387
-106,922
| -4% | -$1.42M |
|
1650
Hyatt Hotels
H
$16.6B
| $23M | 0.01% |
480,018
+9,932
| +2% | +$751K |
|
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.