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 | |
|---|---|---|---|---|---|---|
1826
United Natural Foods
UNFI
$2.79B
| $29.7M | 0.01% |
3,390,669
-784,196
| -19% | -$6.32M |
|
|
ABTX
1827
DELISTED
Allegiance Bancshares
ABTX
| $29.6M | 0.01% |
788,133
+197,619
| +33% | +$6.96M |
|
1828
Distribution Solutions Group
DSGR
$1.61B
| $29.6M | 0.01% |
1,137,168
-8,782
| -0.8% | -$208K |
|
1829
Four Corners Property Trust
FCPT
$2.49B
| $29.6M | 0.01% |
1,048,666
+23,212
| +2% | +$649K |
|
|
ARNA
1830
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $29.5M | 0.01% |
650,325
-95,033
| -13% | -$4.49M |
|
1831
Lantheus
LNTH
$6.58B
| $29.4M | 0.01% |
1,431,063
-41,880
| -3% | -$847K |
|
|
TCO
1832
DELISTED
Taubman Centers Inc.
TCO
| $29.3M | 0.01% |
943,620
+817
| +0.1% | +$28K |
|
|
CCRN
1833
DELISTED
Cross Country Healthcare
CCRN
| $29.3M | 0.01% |
2,518,684
-14,128
| -0.6% | -$159K |
|
1834
LGI Homes
LGIH
$1.14B
| $29.2M | 0.01% |
413,567
+22,837
| +6% | +$1.74M |
|
1835
National Grid
NGG
$78B
| $29.2M | 0.01% |
527,208
+18,908
| +4% | +$972K |
|
1836
Ezcorp Inc
EZPW
$1.94B
| $29.2M | 0.01% |
4,281,682
-126,920
| -3% | -$729K |
|
|
MEET
1837
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $29.2M | 0.01% |
5,825,407
-38,316
| -0.7% | -$180K |
|
|
BRSL
1838
Brightstar Lottery PLC
BRSL
$1.9B
| $29.1M | 0.01% |
1,940,974
+4,237
| +0.2% | +$60.4K |
|
1839
Clearwater Paper
CLW
$339M
| $29M | 0.01% |
1,358,900
-30,008
| -2% | -$603K |
|
1840
Prothena Corp
PRTA
$434M
| $29M | 0.01% |
1,832,029
-2,470
| -0.1% | -$26.5K |
|
1841
RELX
RELX
$59.8B
| $28.9M | 0.01% |
1,144,393
+16,140
| +1% | +$386K |
|
1842
QuinStreet
QNST
$1.01B
| $28.9M | 0.01% |
1,886,410
+2,121
| +0.1% | +$30.2K |
|
1843
Regional Management Corp
RM
$296M
| $28.9M | 0.01% |
961,337
-38,677
| -4% | -$1.17M |
|
1844
QCR Holdings
QCRH
$1.65B
| $28.9M | 0.01% |
657,995
+21,219
| +3% | +$867K |
|
1845
PDF Solutions
PDFS
$1.85B
| $28.8M | 0.01% |
1,704,536
-79,368
| -4% | -$1.22M |
|
|
LDL
1846
DELISTED
Lydall, Inc.
LDL
| $28.8M | 0.01% |
1,402,173
+2,142
| +0.2% | +$44.4K |
|
1847
Metallus
MTUS
$804M
| $28.6M | 0.01% |
3,644,170
-90,106
| -2% | -$565K |
|
1848
Ovintiv
OVV
$17.4B
| $28.6M | 0.01% |
1,220,726
+369,099
| +43% | +$7.9M |
|
|
ACIA
1849
DELISTED
Acacia Communications Inc
ACIA
| $28.6M | 0.01% |
421,351
-5,875
| -1% | -$389K |
|
1850
First Financial Corp
THFF
$917M
| $28.5M | 0.01% |
623,594
+865
| +0.1% | +$38.1K |
|
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.