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 | |
|---|---|---|---|---|---|---|
|
USCR
1651
DELISTED
U S Concrete, Inc.
USCR
| $39M | 0.01% |
935,525
+5,498
| +0.6% | +$252K |
|
1652
Teradata
TDC
$2.72B
| $38.9M | 0.01% |
1,452,495
+139,586
| +11% | +$3.88M |
|
1653
Carriage Services
CSV
$491M
| $38.8M | 0.01% |
1,516,687
-9,047
| -0.6% | -$219K |
|
|
ENV
1654
DELISTED
ENVESTNET, INC.
ENV
| $38.7M | 0.01% |
555,463
+31,893
| +6% | +$2.07M |
|
1655
Washington Trust Bancorp
WASH
$752M
| $38.6M | 0.01% |
717,142
-8,266
| -1% | -$425K |
|
|
XHR
1656
Xenia Hotels & Resorts
XHR
$1.63B
| $38.6M | 0.01% |
1,784,192
+12,522
| +0.7% | +$265K |
|
1657
Par Pacific Holdings
PARR
$4.33B
| $38.5M | 0.01% |
1,658,273
+16,326
| +1% | +$389K |
|
|
LGF.B
1658
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $38.5M | 0.01% |
3,876,923
+384,096
| +11% | +$3.31M |
|
|
CCXI
1659
DELISTED
ChemoCentryx, Inc.
CCXI
| $38.5M | 0.01% |
972,310
-63,084
| -6% | -$1.11M |
|
|
CSW
1660
CSW Industrials
CSW
$4.7B
| $38.4M | 0.01% |
499,245
-37,580
| -7% | -$2.7M |
|
1661
Universal Display
OLED
$3.55B
| $38.4M | 0.01% |
186,507
-16,803
| -8% | -$3.17M |
|
1662
World Acceptance Corp
WRLD
$861M
| $38.4M | 0.01% |
443,935
-58,362
| -12% | -$6.01M |
|
|
AIMC
1663
DELISTED
Altra Industrial Motion Corp
AIMC
| $38.3M | 0.01% |
1,056,626
-596,722
| -36% | -$19M |
|
1664
Cooper-Standard Automotive
CPS
$404M
| $38.2M | 0.01% |
1,152,641
+30,125
| +3% | +$976K |
|
1665
ProPetro Holding
PUMP
$1.28B
| $38.2M | 0.01% |
3,395,948
+240,381
| +8% | +$2.15M |
|
1666
Green Dot
GDOT
$751M
| $38M | 0.01% |
1,631,577
+173,011
| +12% | +$4.31M |
|
1667
Dr. Reddy's Laboratories
RDY
$10.2B
| $38M | 0.01% |
4,682,095
-71,350
| -2% | -$563K |
|
1668
UGI
UGI
$8.19B
| $37.8M | 0.01% |
837,785
-14,453
| -2% | -$662K |
|
1669
Dolby
DLB
$5.38B
| $37.8M | 0.01% |
549,769
+4,904
| +0.9% | +$324K |
|
|
UCFC
1670
DELISTED
United Community Financial Corp
UCFC
| $37.7M | 0.01% |
3,235,408
-60,150
| -2% | -$671K |
|
1671
Sony
SONY
$139B
| $37.7M | 0.01% |
2,773,805
-14,455
| -0.5% | -$180K |
|
1672
Liberty Latin America Class A
LILA
$1.67B
| $37.7M | 0.01% |
3,048,930
+72,251
| +2% | +$840K |
|
|
KE
1673
Kimball Electronics
KE
$600M
| $37.6M | 0.01% |
2,144,878
-29,654
| -1% | -$487K |
|
1674
Camden National
CAC
$971M
| $37.6M | 0.01% |
815,987
-4,985
| -0.6% | -$220K |
|
1675
H&R Block
HRB
$5.52B
| $37.5M | 0.01% |
1,598,238
+10,563
| +0.7% | +$254K |
|
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.