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 | |
|---|---|---|---|---|---|---|
|
VMW
1676
DELISTED
VMware, Inc
VMW
| $21.9M | 0.01% |
180,724
+29,084
| +19% | +$4M |
|
1677
National Vision
EYE
$1.79B
| $21.9M | 0.01% |
1,125,234
+57,292
| +5% | +$1.78M |
|
1678
Virtu Financial
VIRT
$5.15B
| $21.8M | 0.01% |
1,049,053
-32,842
| -3% | -$607K |
|
1679
Agilysys
AGYS
$3.04B
| $21.8M | 0.01% |
1,307,103
-241,425
| -16% | -$6.61M |
|
1680
First Financial Corp
THFF
$961M
| $21.8M | 0.01% |
647,256
+23,662
| +4% | +$954K |
|
1681
Central Garden & Pet Co
CENT
$2.71B
| $21.8M | 0.01% |
991,216
-2,352
| -0.2% | -$55.6K |
|
1682
CRA International
CRAI
$1.19B
| $21.8M | 0.01% |
652,000
-8,813
| -1% | -$420K |
|
1683
Hawkins
HWKN
$2.7B
| $21.8M | 0.01% |
1,223,330
+2,266
| +0.2% | +$45.1K |
|
1684
Global Industrial
GIC
$1.35B
| $21.8M | 0.01% |
1,228,162
-3,520
| -0.3% | -$76.4K |
|
1685
SunCoke Energy
SXC
$717M
| $21.7M | 0.01% |
5,638,954
+88,141
| +2% | +$447K |
|
1686
Mesa Laboratories
MLAB
$558M
| $21.7M | 0.01% |
95,814
-26,058
| -21% | -$6.43M |
|
1687
MaxLinear
MXL
$6.07B
| $21.7M | 0.01% |
1,855,343
-45,121
| -2% | -$756K |
|
|
COOP
1688
DELISTED
Mr. Cooper
COOP
| $21.6M | 0.01% |
2,952,001
+189,437
| +7% | +$2.19M |
|
|
RP
1689
DELISTED
RealPage, Inc.
RP
| $21.6M | 0.01% |
408,240
+8,201
| +2% | +$467K |
|
1690
Winmark
WINA
$1.19B
| $21.6M | 0.01% |
169,331
-1,652
| -1% | -$310K |
|
1691
Envista
NVST
$4.52B
| $21.6M | 0.01% |
1,443,126
+74,245
| +5% | +$1.9M |
|
1692
CareTrust REIT
CTRE
$9.84B
| $21.5M | 0.01% |
1,456,153
+8,361
| +0.6% | +$166K |
|
1693
Preferred Bank
PFBC
$1.24B
| $21.5M | 0.01% |
636,810
-44,203
| -6% | -$2.31M |
|
1694
Hilton Grand Vacations
HGV
$3.64B
| $21.5M | 0.01% |
1,365,084
+101
| +0% | +$2.77K |
|
1695
Bausch Health
BHC
$2.25B
| $21.5M | 0.01% |
1,387,181
-793,367
| -36% | -$19.1M |
|
|
CARO
1696
DELISTED
Carolina Financial Corp.
CARO
| $21.5M | 0.01% |
830,550
+9,361
| +1% | +$327K |
|
1697
Tootsie Roll Industries
TR
$2.96B
| $21.5M | 0.01% |
712,282
+17,965
| +3% | +$507K |
|
1698
Ethan Allen Interiors
ETD
$583M
| $21.4M | 0.01% |
2,098,068
-82,483
| -4% | -$1.2M |
|
1699
Oceaneering
OII
$4.74B
| $21.4M | 0.01% |
7,288,535
-646,603
| -8% | -$6.75M |
|
1700
Global Indemnity Group
GBLI
$402M
| $21.4M | 0.01% |
840,198
+4,842
| +0.6% | +$146K |
|
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.