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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KE
1751
Kimball Electronics
KE
$595M
| $31.6M | 0.01% |
2,174,532
-9,863
| -0.5% | -$146K |
|
|
LGF.A
1752
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $31.4M | 0.01% |
3,397,570
+383,125
| +13% | +$4.36M |
|
1753
Alcon
ALC
$33.6B
| $31.3M | 0.01% |
537,579
+68,883
| +15% | +$4.13M |
|
1754
Sunrun
RUN
$2.34B
| $31.3M | 0.01% |
1,873,095
-17,443
| -0.9% | -$305K |
|
|
LTC
1755
LTC Properties
LTC
$2.06B
| $31.3M | 0.01% |
610,242
-940
| -0.2% | -$45.3K |
|
|
TYPE
1756
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $31.2M | 0.01% |
1,576,686
-111,556
| -7% | -$2.12M |
|
1757
ICU Medical
ICUI
$4.21B
| $31.2M | 0.01% |
195,487
+45,948
| +31% | +$9.15M |
|
1758
Carriage Services
CSV
$641M
| $31.2M | 0.01% |
1,525,734
-18,104
| -1% | -$376K |
|
|
IPHI
1759
DELISTED
INPHI CORPORATION
IPHI
| $31.2M | 0.01% |
510,293
+33,259
| +7% | +$2.03M |
|
1760
Resideo Technologies
REZI
$5.19B
| $31.1M | 0.01% |
2,168,085
+506,409
| +30% | +$8.49M |
|
1761
Healthcare Services Group
HCSG
$1.6B
| $31.1M | 0.01% |
1,278,357
+114,551
| +10% | +$2.89M |
|
1762
American Public Education
APEI
$890M
| $31M | 0.01% |
1,388,762
-7,381
| -0.5% | -$203K |
|
|
TEN
1763
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $31M | 0.01% |
2,477,727
-121,165
| -5% | -$1.24M |
|
1764
Lindsay Corp
LNN
$1.13B
| $31M | 0.01% |
334,080
-562
| -0.2% | -$50.2K |
|
1765
Moelis & Co
MC
$4.97B
| $31M | 0.01% |
942,757
+67,304
| +8% | +$2.28M |
|
|
VRE
1766
DELISTED
Veris Residential
VRE
| $30.9M | 0.01% |
1,427,492
+19,277
| +1% | +$429K |
|
1767
TAL Education Group
TAL
$6.93B
| $30.9M | 0.01% |
902,586
-39,581
| -4% | -$1.38M |
|
1768
Myers Industries
MYE
$1.29B
| $30.7M | 0.01% |
1,742,125
-5,470
| -0.3% | -$93.5K |
|
1769
HCI Group
HCI
$2.23B
| $30.6M | 0.01% |
726,887
-6,879
| -0.9% | -$283K |
|
|
LGF.B
1770
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $30.5M | 0.01% |
3,492,827
+349,765
| +11% | +$3.75M |
|
1771
Chunghwa Telecom
CHT
$33.1B
| $30.5M | 0.01% |
853,419
-13,796
| -2% | -$485K |
|
1772
Winmark
WINA
$1.2B
| $30.4M | 0.01% |
172,468
-2,009
| -1% | -$339K |
|
1773
SunCoke Energy
SXC
$720M
| $30.4M | 0.01% |
5,382,206
-30,345
| -0.6% | -$218K |
|
|
ZGNX
1774
DELISTED
Zogenix, Inc.
ZGNX
| $30.3M | 0.01% |
757,912
+116,503
| +18% | +$5.37M |
|
1775
Shutterstock
SSTK
$198M
| $30.3M | 0.01% |
838,364
+20,957
| +3% | +$769K |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-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 Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.