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 | |
|---|---|---|---|---|---|---|
1751
Televisa
TV
$1.52B
| $19.9M | 0.01% |
3,431,983
+18,300
| +0.5% | +$179K |
|
1752
LGI Homes
LGIH
$1.33B
| $19.9M | 0.01% |
440,744
+27,177
| +7% | +$2.02M |
|
1753
Sierra Bancorp
BSRR
$527M
| $19.9M | 0.01% |
1,129,299
+7,698
| +0.7% | +$187K |
|
1754
RE/MAX Holdings
RMAX
$198M
| $19.8M | 0.01% |
904,775
-1,859
| -0.2% | -$60.6K |
|
1755
Liberty Broadband Class A
LBRDA
$4.78B
| $19.8M | 0.01% |
185,127
-2,721
| -1% | -$333K |
|
1756
Palo Alto Networks
PANW
$265B
| $19.8M | 0.01% |
724,830
+65,664
| +10% | +$2.29M |
|
1757
National Presto Industries
NPK
$871M
| $19.8M | 0.01% |
279,684
+8,194
| +3% | +$690K |
|
1758
IMAX
IMAX
$2.61B
| $19.7M | 0.01% |
2,182,147
+219,741
| +11% | +$3.48M |
|
1759
Clean Energy Fuels
CLNE
$425M
| $19.7M | 0.01% |
11,088,710
+231,727
| +2% | +$523K |
|
|
IVC
1760
DELISTED
Invacare Corporation
IVC
| $19.7M | 0.01% |
2,656,334
-47,871
| -2% | -$371K |
|
1761
Bloomin' Brands
BLMN
$759M
| $19.7M | 0.01% |
2,760,388
-142,129
| -5% | -$2.47M |
|
1762
Enel Chile
ENIC
$6.29B
| $19.7M | 0.01% |
5,932,185
-587,532
| -9% | -$2.59M |
|
1763
Mattel
MAT
$4.42B
| $19.7M | 0.01% |
2,231,783
+803,646
| +56% | +$9.85M |
|
1764
Matrix Service
MTRX
$320M
| $19.6M | 0.01% |
2,072,429
-17,189
| -0.8% | -$265K |
|
1765
MarineMax
HZO
$772M
| $19.6M | 0.01% |
1,883,039
-254,661
| -12% | -$4.15M |
|
|
AVYA
1766
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $19.6M | 0.01% |
2,419,414
+180,700
| +8% | +$2.15M |
|
1767
Prothena Corp
PRTA
$440M
| $19.6M | 0.01% |
1,827,400
-4,629
| -0.3% | -$56.1K |
|
1768
Calix
CALX
$2.22B
| $19.5M | 0.01% |
2,754,152
-67,644
| -2% | -$569K |
|
|
CIVI
1769
DELISTED
Civitas Resources
CIVI
| $19.5M | 0.01% |
1,731,580
+16,832
| +1% | +$283K |
|
1770
York Water
YORW
$501M
| $19.4M | 0.01% |
446,886
+286
| +0.1% | +$13K |
|
1771
MGP Ingredients
MGPI
$380M
| $19.4M | 0.01% |
720,711
+10,104
| +1% | +$345K |
|
1772
Arrow Financial
AROW
$660M
| $19.3M | 0.01% |
780,947
-1,823
| -0.2% | -$53.5K |
|
1773
Village Super Market
VLGEA
$651M
| $19.3M | 0.01% |
784,364
+13,091
| +2% | +$289K |
|
1774
Sunrun
RUN
$2.27B
| $19.2M | 0.01% |
1,905,472
+14,768
| +0.8% | +$242K |
|
1775
Horizon Bancorp
HBNC
$1.05B
| $19.2M | 0.01% |
1,946,818
+36,717
| +2% | +$562K |
|
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.