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 | |
|---|---|---|---|---|---|---|
|
MIK
1876
DELISTED
Michaels Stores, Inc
MIK
| $27.1M | 0.01% |
3,349,936
+22,255
| +0.7% | +$187K |
|
|
CVET
1877
DELISTED
Covetrus, Inc. Common Stock
CVET
| $27M | 0.01% |
2,044,453
+984,017
| +93% | +$11.9M |
|
1878
Groupon
GRPN
$765M
| $26.9M | 0.01% |
563,062
-147
| -0% | -$8.16K |
|
1879
Global Net Lease
GNL
$2.06B
| $26.9M | 0.01% |
1,326,705
+69,499
| +6% | +$1.37M |
|
1880
NWPX Infrastructure Inc
NWPX
$993M
| $26.8M | 0.01% |
804,151
-8,999
| -1% | -$284K |
|
1881
NN Inc
NNBR
$278M
| $26.8M | 0.01% |
2,895,123
-170,328
| -6% | -$1.37M |
|
|
HALL
1882
DELISTED
Hallmark Financial Services, Inc.
HALL
| $26.8M | 0.01% |
152,276
-132
| -0.1% | -$24.1K |
|
1883
TripAdvisor
TRIP
$1.04B
| $26.7M | 0.01% |
879,742
+130,267
| +17% | +$4.38M |
|
1884
Pegasystems
PEGA
$5.93B
| $26.7M | 0.01% |
670,338
-151,062
| -18% | -$5.71M |
|
1885
Xencor
XNCR
$1.83B
| $26.7M | 0.01% |
776,148
+44,903
| +6% | +$1.64M |
|
|
SGEN
1886
DELISTED
Seagen Inc. Common Stock
SGEN
| $26.7M | 0.01% |
233,587
+392
| +0.2% | +$41.6K |
|
|
EBIX
1887
DELISTED
Ebix Inc
EBIX
| $26.6M | 0.01% |
797,072
-18,933
| -2% | -$700K |
|
1888
Banco Santander Chile
BSAC
$16.2B
| $26.6M | 0.01% |
1,153,960
-13,217
| -1% | -$329K |
|
1889
OraSure Technologies
OSUR
$241M
| $26.6M | 0.01% |
3,315,416
+92,607
| +3% | +$748K |
|
1890
Kite Realty
KRG
$5.09B
| $26.6M | 0.01% |
1,359,562
+32,086
| +2% | +$579K |
|
1891
W&T Offshore
WTI
$592M
| $26.5M | 0.01% |
4,774,815
-112,969
| -2% | -$503K |
|
1892
Pan American Silver
PAAS
$20.6B
| $26.5M | 0.01% |
1,120,502
-33,142
| -3% | -$614K |
|
|
SPLK
1893
DELISTED
Splunk Inc
SPLK
| $26.5M | 0.01% |
177,231
+748
| +0.4% | +$98.2K |
|
|
CHUY
1894
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $26.5M | 0.01% |
1,023,734
-23,475
| -2% | -$608K |
|
1895
Donegal Group Class A
DGICA
$700M
| $26.5M | 0.01% |
1,787,890
-11,117
| -0.6% | -$163K |
|
1896
CNA Financial
CNA
$13B
| $26.3M | 0.01% |
587,242
-8,004
| -1% | -$361K |
|
|
NVEE
1897
DELISTED
NV5 Global
NVEE
| $26.3M | 0.01% |
2,085,520
-38,792
| -2% | -$565K |
|
1898
Arrow Financial
AROW
$706M
| $26.3M | 0.01% |
782,770
-8,711
| -1% | -$274K |
|
1899
Fossil Group
FOSL
$333M
| $26.3M | 0.01% |
3,332,099
+196,128
| +6% | +$1.81M |
|
1900
OneSpan
OSPN
$661M
| $26.2M | 0.01% |
1,530,319
-49,968
| -3% | -$850K |
|
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.