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 | |
|---|---|---|---|---|---|---|
1726
Hamilton Lane
HLNE
$3.89B
| $20.6M | 0.01% |
373,171
+10,259
| +3% | +$641K |
|
|
AAT
1727
American Assets Trust
AAT
$1.48B
| $20.6M | 0.01% |
823,984
+38,787
| +5% | +$1.57M |
|
1728
Interface
TILE
$1.96B
| $20.5M | 0.01% |
2,717,551
-18,653
| -0.7% | -$260K |
|
|
PENG
1729
Penguin Solutions Inc
PENG
$2.64B
| $20.5M | 0.01% |
1,683,934
-130,124
| -7% | -$1.9M |
|
1730
ANI Pharmaceuticals
ANIP
$1.83B
| $20.5M | 0.01% |
502,159
-18,712
| -4% | -$995K |
|
1731
Marcus Corp
MCS
$912M
| $20.4M | 0.01% |
1,657,467
+28,470
| +2% | +$717K |
|
1732
Equitable Holdings
EQH
$13.3B
| $20.4M | 0.01% |
1,410,497
+539,250
| +62% | +$11.8M |
|
|
ABTX
1733
DELISTED
Allegiance Bancshares
ABTX
| $20.4M | 0.01% |
846,107
+57,974
| +7% | +$1.95M |
|
1734
Hackett Group
HCKT
$269M
| $20.4M | 0.01% |
1,601,653
-89,981
| -5% | -$1.35M |
|
1735
Cato Corp
CATO
$66.5M
| $20.4M | 0.01% |
1,908,661
-19,418
| -1% | -$294K |
|
1736
JELD-WEN Holding
JELD
$117M
| $20.3M | 0.01% |
2,085,449
+33,014
| +2% | +$658K |
|
|
UHT
1737
Universal Health Realty Income Trust
UHT
$608M
| $20.3M | 0.01% |
201,280
+360
| +0.2% | +$39.7K |
|
1738
Unisys
UIS
$230M
| $20.3M | 0.01% |
1,641,999
+18,237
| +1% | +$233K |
|
1739
Super Micro Computer
SMCI
$17.9B
| $20.2M | 0.01% |
+9,499,430
| New | +$24.1M |
|
1740
Four Corners Property Trust
FCPT
$2.8B
| $20.2M | 0.01% |
1,078,243
+29,577
| +3% | +$799K |
|
1741
SPS Commerce
SPSC
$2.42B
| $20.1M | 0.01% |
432,723
+4,487
| +1% | +$237K |
|
|
TSG
1742
DELISTED
The Stars Group Inc.
TSG
| $20.1M | 0.01% |
984,205
| – | – |
|
|
MTSC
1743
DELISTED
MTS Systems Corp
MTSC
| $20.1M | 0.01% |
891,792
-12,801
| -1% | -$503K |
|
1744
MACOM Technology Solutions
MTSI
$19B
| $20M | 0.01% |
1,057,704
-84,940
| -7% | -$2.16M |
|
1745
TechTarget
TTGT
$325M
| $20M | 0.01% |
971,516
-108,933
| -10% | -$2.59M |
|
1746
Helix Energy Solutions
HLX
$1.36B
| $20M | 0.01% |
12,186,101
-364,695
| -3% | -$2.4M |
|
1747
Motorcar Parts of America
MPAA
$260M
| $20M | 0.01% |
1,587,581
+10,296
| +0.7% | +$188K |
|
1748
RingCentral
RNG
$4.48B
| $19.9M | 0.01% |
93,983
+928
| +1% | +$191K |
|
|
HTBK
1749
DELISTED
Heritage Commerce
HTBK
| $19.9M | 0.01% |
2,598,269
+108,708
| +4% | +$1.15M |
|
|
HOUS
1750
DELISTED
Anywhere Real Estate
HOUS
| $19.9M | 0.01% |
6,619,770
| – | – |
|
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.