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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
Haverty Furniture Companies
HVT
$425M
| $27.4M | 0.01% |
1,609,276
-1,328
| -0.1% | -$26.2K |
|
1877
Tyler Technologies
TYL
$14B
| $27.3M | 0.01% |
126,402
-1,132
| -0.9% | -$246K |
|
|
GTT
1878
DELISTED
GTT Communications, Inc.
GTT
| $27.1M | 0.01% |
1,539,504
-1,704
| -0.1% | -$52.7K |
|
1879
Trade Desk
TTD
$6.7B
| $27.1M | 0.01% |
1,189,130
+11,490
| +1% | +$247K |
|
|
EXAS
1880
DELISTED
Exact Sciences
EXAS
| $27M | 0.01% |
228,781
-2,644
| -1% | -$266K |
|
|
CHSP
1881
DELISTED
Chesapeake Lodging Trust
CHSP
| $27M | 0.01% |
948,784
+797
| +0.1% | +$23.1K |
|
1882
Insteel Industries
IIIN
$582M
| $26.9M | 0.01% |
1,289,797
+4,111
| +0.3% | +$82.6K |
|
1883
FRP Holdings
FRPH
$408M
| $26.8M | 0.01% |
962,618
+11,580
| +1% | +$286K |
|
|
BSMX
1884
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $26.8M | 0.01% |
3,501,432
+52,424
| +2% | +$406K |
|
|
MIK
1885
DELISTED
Michaels Stores, Inc
MIK
| $26.7M | 0.01% |
3,073,285
+261,473
| +9% | +$2.76M |
|
1886
Rayonier Advanced Materials
RYAM
$567M
| $26.7M | 0.01% |
4,111,571
+184,362
| +5% | +$1.92M |
|
1887
Cass Information Systems
CASS
$710M
| $26.6M | 0.01% |
549,714
+6,796
| +1% | +$318K |
|
|
AAT
1888
American Assets Trust
AAT
$1.36B
| $26.6M | 0.01% |
565,132
+16,504
| +3% | +$759K |
|
1889
Ligand Pharmaceuticals
LGND
$5.68B
| $26.6M | 0.01% |
373,840
+33,839
| +10% | +$2.49M |
|
1890
Hawkins
HWKN
$2.54B
| $26.6M | 0.01% |
1,224,468
+1,918
| +0.2% | +$36.7K |
|
1891
RELX
RELX
$59.8B
| $26.4M | 0.01% |
1,081,932
+92,886
| +9% | +$2.14M |
|
1892
Regional Management Corp
RM
$296M
| $26.4M | 0.01% |
1,000,468
+12,947
| +1% | +$322K |
|
|
HCCI
1893
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $26.4M | 0.01% |
1,002,238
+13,036
| +1% | +$348K |
|
|
RMAX
1894
DELISTED
RE/MAX Holdings
RMAX
| $26.4M | 0.01% |
857,097
+33,213
| +4% | +$1.19M |
|
|
BOLD
1895
DELISTED
Audentes Therapeutics, Inc
BOLD
| $26.3M | 0.01% |
695,928
+58,392
| +9% | +$2.24M |
|
1896
Warrior Met Coal
HCC
$4.85B
| $26.3M | 0.01% |
1,007,097
+103,104
| +11% | +$2.94M |
|
1897
Global Indemnity Group
GBLI
$403M
| $26.3M | 0.01% |
849,595
-2,415
| -0.3% | -$73K |
|
1898
Tesla
TSLA
$1.45T
| $26.3M | 0.01% |
1,764,990
+189,795
| +12% | +$2.95M |
|
|
VEDL
1899
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $26.2M | 0.01% |
2,574,116
-121,584
| -5% | -$1.2M |
|
1900
Laureate Education
LAUR
$4.94B
| $26.2M | 0.01% |
1,667,126
+264,986
| +19% | +$4.22M |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.