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 | |
|---|---|---|---|---|---|---|
1801
Guidewire Software
GWRE
$11.9B
| $30.9M | 0.01% |
281,227
-26,820
| -9% | -$3M |
|
|
OPLN
1802
Openlane
OPLN
$4.18B
| $30.9M | 0.01% |
1,415,985
-30,667
| -2% | -$699K |
|
1803
Prudential
PUK
$32.9B
| $30.8M | 0.01% |
832,405
-155,246
| -16% | -$5.48M |
|
|
LTRPA
1804
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $30.7M | 0.01% |
4,181,246
-232,879
| -5% | -$1.87M |
|
1805
GoDaddy
GDDY
$12.4B
| $30.6M | 0.01% |
451,026
+7,649
| +2% | +$506K |
|
1806
Corcept Therapeutics
CORT
$12.4B
| $30.6M | 0.01% |
2,530,017
-18,670
| -0.7% | -$260K |
|
1807
Willis Lease Finance
WLFC
$1.16B
| $30.5M | 0.01% |
1,551,630
-15,648
| -1% | -$305K |
|
|
NSA
1808
DELISTED
National Storage Affiliates Trust
NSA
| $30.5M | 0.01% |
906,117
+13,125
| +1% | +$440K |
|
1809
Mesa Laboratories
MLAB
$711M
| $30.4M | 0.01% |
121,872
-16,316
| -12% | -$3.82M |
|
1810
MACOM Technology Solutions
MTSI
$20.1B
| $30.4M | 0.01% |
1,142,644
-17,937
| -2% | -$428K |
|
1811
Chemours
CC
$2.17B
| $30.4M | 0.01% |
1,678,143
+242,405
| +17% | +$4.03M |
|
1812
DexCom
DXCM
$33.2B
| $30.2M | 0.01% |
553,040
+4,096
| +0.7% | +$194K |
|
1813
Chunghwa Telecom
CHT
$35.5B
| $30.2M | 0.01% |
819,012
-34,407
| -4% | -$1.27M |
|
|
AVYA
1814
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $30.2M | 0.01% |
2,238,714
+113,791
| +5% | +$1.4M |
|
|
FSB
1815
DELISTED
Franklin Financial Network, Inc.
FSB
| $30.2M | 0.01% |
879,578
+16,398
| +2% | +$540K |
|
|
CONN
1816
DELISTED
Conn's Inc.
CONN
| $30.2M | 0.01% |
2,434,105
-10,456
| -0.4% | -$219K |
|
1817
ING
ING
$105B
| $30.1M | 0.01% |
2,497,435
-52,527
| -2% | -$602K |
|
1818
Alnylam Pharmaceuticals
ALNY
$32.9B
| $30.1M | 0.01% |
261,245
+2,278
| +0.9% | +$227K |
|
1819
Movado Group
MOV
$745M
| $30M | 0.01% |
1,381,614
-531
| -0% | -$12.4K |
|
1820
B&G Foods
BGS
$247M
| $30M | 0.01% |
1,675,125
-15,720
| -0.9% | -$264K |
|
1821
Antero Resources
AR
$10.9B
| $29.9M | 0.01% |
10,501,906
+1,118,218
| +12% | +$2.85M |
|
1822
El Pollo Loco
LOCO
$436M
| $29.9M | 0.01% |
1,973,968
-31,852
| -2% | -$445K |
|
1823
CareTrust REIT
CTRE
$9.02B
| $29.9M | 0.01% |
1,447,792
+29,091
| +2% | +$637K |
|
1824
Select Water Solutions
WTTR
$2.63B
| $29.9M | 0.01% |
3,216,684
+204,086
| +7% | +$1.65M |
|
1825
WPP
WPP
$5.55B
| $29.8M | 0.01% |
424,586
-9,198
| -2% | -$583K |
|
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.