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 | |
|---|---|---|---|---|---|---|
|
DOCU
1826
DocuSign
DOCU
$10.4B
| $17.7M | 0.01% |
191,938
-852
| -0.4% | -$68.5K |
|
|
WIFI
1827
DELISTED
Boingo Wireless, Inc.
WIFI
| $17.7M | 0.01% |
1,670,301
-168,030
| -9% | -$1.95M |
|
1828
Pacira BioSciences
PCRX
$1.06B
| $17.7M | 0.01% |
528,335
+22,550
| +4% | +$937K |
|
1829
TripAdvisor
TRIP
$1.65B
| $17.7M | 0.01% |
1,017,548
+137,806
| +16% | +$3.49M |
|
|
EXAS
1830
DELISTED
Exact Sciences
EXAS
| $17.6M | 0.01% |
304,238
+27,338
| +10% | +$2.22M |
|
1831
Preformed Line Products
PLPC
$1.8B
| $17.6M | 0.01% |
353,996
+1,128
| +0.3% | +$59.7K |
|
|
TGH
1832
DELISTED
Textainer Group Holdings limited
TGH
| $17.6M | 0.01% |
2,145,747
+218,195
| +11% | +$1.99M |
|
1833
Caleres
CAL
$437M
| $17.6M | 0.01% |
3,387,339
-119,616
| -3% | -$1.72M |
|
1834
American Coastal Insurance
ACIC
$515M
| $17.6M | 0.01% |
1,906,247
+68,917
| +4% | +$694K |
|
|
CS
1835
DELISTED
Credit Suisse Group
CS
| $17.6M | 0.01% |
2,173,940
+483,453
| +29% | +$5.63M |
|
1836
PJT Partners
PJT
$4.33B
| $17.6M | 0.01% |
405,255
-37,348
| -8% | -$1.64M |
|
1837
Upbound Group
UPBD
$1.17B
| $17.6M | 0.01% |
1,242,579
+25,649
| +2% | +$617K |
|
|
BSTC
1838
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $17.6M | 0.01% |
310,424
-5,024
| -2% | -$286K |
|
1839
Pearson
PSO
$10.5B
| $17.6M | 0.01% |
2,547,546
+138,432
| +6% | +$1.01M |
|
|
ILPT
1840
Industrial Logistics Properties Trust
ILPT
$565M
| $17.5M | 0.01% |
996,220
+30,685
| +3% | +$644K |
|
1841
Travere Therapeutics
TVTX
$5.33B
| $17.5M | 0.01% |
1,196,525
-43,356
| -3% | -$652K |
|
|
RPAI
1842
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $17.4M | 0.01% |
3,371,132
-58,272
| -2% | -$615K |
|
|
NPTN
1843
DELISTED
NEOPHOTONICS CORP
NPTN
| $17.4M | 0.01% |
2,397,376
-67,502
| -3% | -$500K |
|
1844
Lantheus
LNTH
$6.58B
| $17.3M | 0.01% |
1,354,316
-76,747
| -5% | -$1.23M |
|
1845
Cameco
CCJ
$38.4B
| $17.2M | 0.01% |
2,255,635
+389,276
| +21% | +$3.19M |
|
|
DENN
1846
DELISTED
Denny's
DENN
| $17.1M | 0.01% |
2,230,708
-278,630
| -11% | -$4.73M |
|
|
VIVO
1847
DELISTED
Meridian Bioscience Inc
VIVO
| $17M | 0.01% |
2,028,217
+11,667
| +0.6% | +$98.2K |
|
1848
Midland States Bancorp
MSBI
$690M
| $17M | 0.01% |
973,458
+79,944
| +9% | +$1.94M |
|
1849
Spok Holdings
SPOK
$225M
| $17M | 0.01% |
1,590,637
-3,200
| -0.2% | -$34.4K |
|
1850
Okta
OKTA
$24.4B
| $17M | 0.01% |
138,930
+2,930
| +2% | +$368K |
|
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.