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 | |
|---|---|---|---|---|---|---|
|
WBT
1876
DELISTED
Welbilt, Inc.
WBT
| $16.1M | 0.01% |
3,144,322
-168,662
| -5% | -$2.03M |
|
1877
Heritage Insurance Holdings
HRTG
$907M
| $16.1M | 0.01% |
1,504,707
+82,012
| +6% | +$970K |
|
|
HCCI
1878
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $16.1M | 0.01% |
991,328
-3,833
| -0.4% | -$97.2K |
|
|
TSC
1879
DELISTED
TriState Capital Holdings, Inc.
TSC
| $16.1M | 0.01% |
1,664,173
+30,966
| +2% | +$621K |
|
1880
Utah Medical Products
UTMD
$222M
| $16M | 0.01% |
170,355
-540
| -0.3% | -$50.2K |
|
1881
Titan Machinery
TITN
$413M
| $16M | 0.01% |
1,840,614
+1,162
| +0.1% | +$13.2K |
|
1882
Workday
WDAY
$39B
| $16M | 0.01% |
122,580
+2,154
| +2% | +$363K |
|
|
LGTY
1883
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $16M | 0.01% |
1,123,351
-24,571
| -2% | -$363K |
|
|
HIBB
1884
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $15.9M | 0.01% |
1,455,152
-23,472
| -2% | -$490K |
|
1885
Etsy
ETSY
$7.89B
| $15.9M | 0.01% |
412,706
+77,313
| +23% | +$3.78M |
|
1886
CarGurus
CARG
$3.25B
| $15.7M | 0.01% |
826,477
+40,931
| +5% | +$1.17M |
|
|
ZGNX
1887
DELISTED
Zogenix, Inc.
ZGNX
| $15.6M | 0.01% |
628,801
-46,148
| -7% | -$1.68M |
|
|
QADA
1888
DELISTED
QAD Inc.
QADA
| $15.5M | 0.01% |
388,091
-1,183
| -0.3% | -$56K |
|
1889
Hooker Furnishings Corp
HOFT
$150M
| $15.5M | 0.01% |
992,298
-3,878
| -0.4% | -$79.9K |
|
1890
United Parks & Resorts
PRKS
$2.15B
| $15.4M | 0.01% |
1,401,592
+45,713
| +3% | +$1.25M |
|
1891
Western New England Bancorp
WNEB
$262M
| $15.4M | 0.01% |
2,283,590
-4,900
| -0.2% | -$41.7K |
|
|
AIMC
1892
DELISTED
Altra Industrial Motion Corp
AIMC
| $15.4M | 0.01% |
880,408
-176,218
| -17% | -$5.24M |
|
|
ITIC
1893
Investors Title Co
ITIC
$548M
| $15.4M | 0.01% |
120,047
-9,627
| -7% | -$1.48M |
|
1894
Peabody Energy
BTU
$2.61B
| $15.4M | 0.01% |
5,298,194
+138,106
| +3% | +$884K |
|
1895
Sabre
SABR
$739M
| $15.3M | 0.01% |
2,587,613
+183,739
| +8% | +$3.07M |
|
|
CCRN
1896
DELISTED
Cross Country Healthcare
CCRN
| $15.3M | 0.01% |
2,274,703
-243,981
| -10% | -$2.31M |
|
|
GLUU
1897
DELISTED
Glu Mobile Inc.
GLUU
| $15.3M | 0.01% |
2,433,151
+121,056
| +5% | +$780K |
|
1898
TFS Financial
TFSL
$5.06B
| $15.3M | 0.01% |
1,001,456
-50,040
| -5% | -$980K |
|
|
ROIC
1899
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $15.2M | 0.01% |
1,829,756
+8,164
| +0.4% | +$121K |
|
1900
Rogers Communications
RCI
$18.4B
| $15.2M | 0.01% |
365,216
+28,209
| +8% | +$1.32M |
|
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.