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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Mistras Group
MG
$484M
| $24M | 0.01% |
1,462,007
+12,737
| +0.9% | +$195K |
|
1902
Napco Security Technologies
NSSC
$1.32B
| $23.9M | 0.01% |
1,875,700
-37,774
| -2% | -$532K |
|
1903
BioMarin Pharmaceuticals
BMRN
$11.6B
| $23.8M | 0.01% |
352,498
+13,474
| +4% | +$1.04M |
|
1904
QuinStreet
QNST
$890M
| $23.7M | 0.01% |
1,884,289
+49,820
| +3% | +$680K |
|
|
VRTV
1905
DELISTED
VERITIV CORPORATION
VRTV
| $23.7M | 0.01% |
1,310,400
+4,450
| +0.3% | +$76.6K |
|
1906
Commault Systems
CVLT
$4.88B
| $23.5M | 0.01% |
526,423
+109,430
| +26% | +$5.01M |
|
1907
Metallus
MTUS
$838M
| $23.5M | 0.01% |
3,734,276
-7,841
| -0.2% | -$51.5K |
|
1908
Arrow Financial
AROW
$659M
| $23.5M | 0.01% |
791,481
+3,495
| +0.4% | +$101K |
|
1909
Harmony Gold Mining
HMY
$9.84B
| $23.4M | 0.01% |
8,245,605
-681,278
| -8% | -$2M |
|
1910
Ribbon Communications
RBBN
$377M
| $23.3M | 0.01% |
3,995,370
+19,500
| +0.5% | +$102K |
|
1911
PDF Solutions
PDFS
$1.93B
| $23.3M | 0.01% |
1,783,904
-130,428
| -7% | -$1.65M |
|
|
ATCO
1912
DELISTED
Atlas Corp.
ATCO
| $23.3M | 0.01% |
2,191,994
+160,168
| +8% | +$1.67M |
|
1913
RadNet
RDNT
$5.02B
| $23.3M | 0.01% |
1,621,765
-2,709
| -0.2% | -$39.4K |
|
1914
Magnite
MGNI
$2.76B
| $23.3M | 0.01% |
2,672,913
-25,134
| -0.9% | -$220K |
|
1915
FRP Holdings
FRPH
$428M
| $23.3M | 0.01% |
968,472
+5,854
| +0.6% | +$146K |
|
|
GRUB
1916
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $23.2M | 0.01% |
206,559
+13,080
| +7% | +$1.74M |
|
|
CNSL
1917
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $23.2M | 0.01% |
4,872,285
+74,787
| +2% | +$353K |
|
|
PAMT
1918
PAMT Corp
PAMT
$337M
| $23.2M | 0.01% |
1,568,776
-13,432
| -0.8% | -$185K |
|
1919
National CineMedia
NCMI
$376M
| $23.1M | 0.01% |
282,256
+889
| +0.3% | +$66.4K |
|
|
RFP
1920
DELISTED
Resolute Forest Products Inc.
RFP
| $22.9M | 0.01% |
4,881,571
+44,416
| +0.9% | +$242K |
|
1921
OneSpan
OSPN
$574M
| $22.9M | 0.01% |
1,580,287
+9,683
| +0.6% | +$140K |
|
1922
NWPX Infrastructure Inc
NWPX
$1.19B
| $22.9M | 0.01% |
813,150
-5,151
| -0.6% | -$131K |
|
|
PENG
1923
Penguin Solutions Inc
PENG
$2.7B
| $22.9M | 0.01% |
1,796,738
+46,240
| +3% | +$671K |
|
1924
Regenxbio
RGNX
$620M
| $22.9M | 0.01% |
642,205
+83,390
| +15% | +$3.38M |
|
1925
Wayfair
W
$11.2B
| $22.9M | 0.01% |
203,746
-22,729
| -10% | -$2.91M |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-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 Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.