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 | |
|---|---|---|---|---|---|---|
1701
Rollins
ROL
$15.9B
| $35.9M | 0.01% |
1,623,285
+21,228
| +1% | +$503K |
|
1702
Urban Edge Properties
UE
$2.54B
| $35.8M | 0.01% |
1,866,712
+57,052
| +3% | +$1.15M |
|
1703
First Community Bankshares
FCBC
$884M
| $35.8M | 0.01% |
1,154,001
-25,013
| -2% | -$787K |
|
1704
Shutterstock
SSTK
$181M
| $35.8M | 0.01% |
833,895
-4,469
| -0.5% | -$179K |
|
1705
Acadia Realty Trust
AKR
$2.65B
| $35.7M | 0.01% |
1,377,972
+77,353
| +6% | +$2.12M |
|
1706
LXP Industrial Trust
LXP
$3.59B
| $35.7M | 0.01% |
672,625
-1,752
| -0.3% | -$93.8K |
|
|
FIT
1707
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $35.7M | 0.01% |
5,431,476
+149,501
| +3% | +$877K |
|
1708
MarineMax
HZO
$1.16B
| $35.7M | 0.01% |
2,137,700
+28,481
| +1% | +$464K |
|
|
ATCO
1709
DELISTED
Atlas Corp.
ATCO
| $35.6M | 0.01% |
2,505,044
+313,050
| +14% | +$3.74M |
|
1710
Central Pacific Financial
CPF
$962M
| $35.5M | 0.01% |
1,201,467
-11,244
| -0.9% | -$328K |
|
|
IPHS
1711
DELISTED
Innophos Holdings, Inc.
IPHS
| $35.5M | 0.01% |
1,111,231
-34,364
| -3% | -$1.11M |
|
|
DO
1712
DELISTED
Diamond Offshore Drilling
DO
| $35.5M | 0.01% |
4,939,556
-251,982
| -5% | -$1.46M |
|
|
CARO
1713
DELISTED
Carolina Financial Corp.
CARO
| $35.5M | 0.01% |
821,189
-3,650
| -0.4% | -$144K |
|
|
GLOG
1714
DELISTED
GASLOG LTD
GLOG
| $35.5M | 0.01% |
3,622,475
-95,469
| -3% | -$1.09M |
|
1715
LeMaitre Vascular
LMAT
$1.82B
| $35.4M | 0.01% |
985,006
-27,908
| -3% | -$963K |
|
|
WUBA
1716
DELISTED
58.com Inc
WUBA
| $35.4M | 0.01% |
545,913
+217,206
| +66% | +$12.2M |
|
|
HAPN
1717
Happen Inc
HAPN
$1.86B
| $35.3M | 0.01% |
2,800,774
+67,525
| +2% | +$871K |
|
1718
Adtran
ADTN
$579M
| $35.3M | 0.01% |
3,565,669
-62,345
| -2% | -$594K |
|
|
S
1719
DELISTED
Sprint Corporation
S
| $35.2M | 0.01% |
6,765,185
-3,404
| -0.1% | -$20K |
|
1720
Unitil
UTL
$969M
| $35.2M | 0.01% |
570,080
-4,239
| -0.7% | -$262K |
|
|
ZGNX
1721
DELISTED
Zogenix, Inc.
ZGNX
| $35.2M | 0.01% |
674,949
-82,963
| -11% | -$3.8M |
|
1722
Upbound Group
UPBD
$1.03B
| $35.1M | 0.01% |
1,216,930
+147,860
| +14% | +$3.86M |
|
1723
Red Robin
RRGB
$137M
| $35.1M | 0.01% |
1,062,413
-28,461
| -3% | -$840K |
|
1724
Miller Industries
MLR
$630M
| $35M | 0.01% |
943,519
-10,186
| -1% | -$358K |
|
|
BPYU
1725
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $35M | 0.01% |
1,898,118
-81,297
| -4% | -$1.54M |
|
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.