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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XHR
1701
Xenia Hotels & Resorts
XHR
$1.63B
| $36M | 0.01% |
1,727,645
+28,190
| +2% | +$609K |
|
|
PCMI
1702
DELISTED
PCM, Inc
PCMI
| $36M | 0.01% |
1,027,692
+10,643
| +1% | +$314K |
|
|
HMHC
1703
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $36M | 0.01% |
6,251,896
+406,500
| +7% | +$2.7M |
|
1704
Idacorp
IDA
$7.71B
| $36M | 0.01% |
358,433
-5,606
| -2% | -$566K |
|
1705
Axcelis
ACLS
$3.23B
| $36M | 0.01% |
2,389,497
+7,427
| +0.3% | +$133K |
|
1706
Agree Realty
ADC
$8.48B
| $36M | 0.01% |
561,322
+37,523
| +7% | +$2.51M |
|
1707
TAL Education Group
TAL
$6.49B
| $35.9M | 0.01% |
942,167
-6,722
| -0.7% | -$243K |
|
1708
StoneX
SNEX
$7.98B
| $35.9M | 0.01% |
4,590,108
+23,500
| +0.5% | +$175K |
|
|
CIVI
1709
DELISTED
Civitas Resources
CIVI
| $35.7M | 0.01% |
1,709,623
+85,652
| +5% | +$1.87M |
|
1710
Acadia Realty Trust
AKR
$2.65B
| $35.6M | 0.01% |
1,301,074
+3,467
| +0.3% | +$97.2K |
|
|
KE
1711
Kimball Electronics
KE
$600M
| $35.5M | 0.01% |
2,184,395
-14,423
| -0.7% | -$224K |
|
1712
Sunrun
RUN
$2.1B
| $35.5M | 0.01% |
1,890,538
-10,660
| -0.6% | -$173K |
|
|
XOG
1713
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $35.5M | 0.01% |
8,190,232
+1,021,665
| +14% | +$4.37M |
|
|
BGG
1714
DELISTED
Briggs & Stratton Corp.
BGG
| $35.4M | 0.01% |
3,461,822
-68,698
| -2% | -$774K |
|
1715
Dr. Reddy's Laboratories
RDY
$10.2B
| $35.4M | 0.01% |
4,724,965
+4,400
| +0.1% | +$34.6K |
|
|
SPTN
1716
DELISTED
SpartanNash
SPTN
| $35.4M | 0.01% |
3,032,844
+24,689
| +0.8% | +$352K |
|
1717
Gen Digital
GEN
$18.1B
| $35.4M | 0.01% |
1,626,419
+1,148
| +0.1% | +$24.7K |
|
1718
B&G Foods
BGS
$247M
| $35.3M | 0.01% |
1,696,725
-14,196
| -0.8% | -$327K |
|
1719
Healthcare Services Group
HCSG
$1.47B
| $35.3M | 0.01% |
1,163,806
+7,051
| +0.6% | +$233K |
|
|
GRA
1720
DELISTED
W.R. Grace & Co.
GRA
| $35.3M | 0.01% |
463,580
+3,133
| +0.7% | +$235K |
|
1721
Team
TISI
$126M
| $35.2M | 0.01% |
229,462
+5,849
| +3% | +$943K |
|
1722
Waterstone Financial
WSBF
$371M
| $35.1M | 0.01% |
2,059,450
+13,432
| +0.7% | +$223K |
|
1723
Enbridge
ENB
$106B
| $35M | 0.01% |
971,481
+4,327
| +0.4% | +$158K |
|
1724
Elanco Animal Health
ELAN
$11.4B
| $35M | 0.01% |
1,036,177
-7,059
| -0.7% | -$229K |
|
1725
Imperial Oil
IMO
$63B
| $35M | 0.01% |
1,265,762
+175,388
| +16% | +$4.92M |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.