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 | |
|---|---|---|---|---|---|---|
1826
Rush Enterprises Class B
RUSHB
$6.15B
| $27.9M | 0.01% |
1,569,931
-19,278
| -1% | -$335K |
|
1827
Innoviva
INVA
$1.55B
| $27.8M | 0.01% |
2,640,894
+19,386
| +0.7% | +$232K |
|
|
HTBK
1828
DELISTED
Heritage Commerce
HTBK
| $27.8M | 0.01% |
2,365,088
+23,729
| +1% | +$282K |
|
|
ACHN
1829
DELISTED
Achillion Pharmaceuticals
ACHN
| $27.6M | 0.01% |
7,674,201
-11,397
| -0.1% | -$43.9K |
|
|
VSTO
1830
DELISTED
Vista Outdoor Inc.
VSTO
| $27.6M | 0.01% |
4,454,874
-81,529
| -2% | -$537K |
|
1831
Upbound Group
UPBD
$1.16B
| $27.6M | 0.01% |
1,069,070
+174,773
| +20% | +$4.59M |
|
1832
Bank of N.T. Butterfield & Son
NTB
$2.44B
| $27.6M | 0.01% |
929,971
+64,472
| +7% | +$1.96M |
|
1833
Park-Ohio Holdings
PKOH
$586M
| $27.5M | 0.01% |
922,405
+1,648
| +0.2% | +$49.1K |
|
|
BRSL
1834
Brightstar Lottery PLC
BRSL
$1.87B
| $27.5M | 0.01% |
1,936,737
-1,702
| -0.1% | -$22.6K |
|
1835
Global Industrial
GIC
$1.39B
| $27.5M | 0.01% |
1,248,957
-22,649
| -2% | -$473K |
|
1836
AppFolio
APPF
$6.61B
| $27.3M | 0.01% |
286,596
+6,456
| +2% | +$642K |
|
1837
Incyte
INCY
$24.2B
| $27.2M | 0.01% |
366,878
+9,875
| +3% | +$798K |
|
1838
WPP
WPP
$4.46B
| $27.2M | 0.01% |
433,784
+75,206
| +21% | +$4.5M |
|
1839
First Financial Corp
THFF
$970M
| $27.1M | 0.01% |
622,729
+39,736
| +7% | +$1.65M |
|
1840
Costamare
CMRE
$1.88B
| $27.1M | 0.01% |
4,456,977
+147,513
| +3% | +$851K |
|
1841
Smith & Wesson
SWBI
$653M
| $27M | 0.01% |
6,003,023
+42,835
| +0.7% | +$258K |
|
|
SRDX
1842
DELISTED
Surmodics
SRDX
| $27M | 0.01% |
589,368
-1,724
| -0.3% | -$75.1K |
|
1843
RELX
RELX
$63.2B
| $26.8M | 0.01% |
1,128,253
+46,321
| +4% | +$1.11M |
|
1844
Evolent Health
EVH
$363M
| $26.7M | 0.01% |
3,713,186
+62,915
| +2% | +$451K |
|
|
EPAY
1845
DELISTED
Bottomline Technologies Inc
EPAY
| $26.7M | 0.01% |
677,935
+16,253
| +2% | +$683K |
|
1846
ING
ING
$100B
| $26.6M | 0.01% |
2,549,962
-249,795
| -9% | -$2.63M |
|
1847
Motorcar Parts of America
MPAA
$257M
| $26.6M | 0.01% |
1,575,531
-7,334
| -0.5% | -$123K |
|
|
COOP
1848
DELISTED
Mr. Cooper
COOP
| $26.6M | 0.01% |
2,501,605
+208,567
| +9% | +$1.88M |
|
|
HCCI
1849
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $26.6M | 0.01% |
1,001,947
-291
| -0% | -$7.57K |
|
1850
Zillow
Z
$7.97B
| $26.5M | 0.01% |
889,332
+110,830
| +14% | +$4.42M |
|
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.