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 | |
|---|---|---|---|---|---|---|
|
JOBS
1901
DELISTED
51job Inc
JOBS
| $26.1M | 0.01% |
307,939
+60,498
| +24% | +$4.84M |
|
1902
Sunrun
RUN
$2.1B
| $26.1M | 0.01% |
1,890,704
+17,609
| +0.9% | +$263K |
|
|
ACH
1903
Accendra Health
ACH
$79.2M
| $26.1M | 0.01% |
5,047,004
-2,026
| -0% | -$13K |
|
1904
PENN Entertainment
PENN
$2.34B
| $26M | 0.01% |
1,018,836
-34,926
| -3% | -$776K |
|
|
VRTV
1905
DELISTED
VERITIV CORPORATION
VRTV
| $26M | 0.01% |
1,323,848
+13,448
| +1% | +$235K |
|
1906
Clearway Energy Class C
CWEN
$6.36B
| $26M | 0.01% |
1,304,896
-13,932
| -1% | -$270K |
|
1907
Seneca Foods Class A
SENEA
$1.24B
| $26M | 0.01% |
636,685
-7,741
| -1% | -$279K |
|
|
EPZM
1908
DELISTED
Epizyme, Inc
EPZM
| $25.9M | 0.01% |
1,052,593
+213,602
| +25% | +$3.17M |
|
|
CSOD
1909
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $25.9M | 0.01% |
442,129
+106,299
| +32% | +$6.15M |
|
1910
Midland States Bancorp
MSBI
$698M
| $25.9M | 0.01% |
893,514
+83,725
| +10% | +$2.3M |
|
|
DEA
1911
Easterly Government Properties
DEA
$1.11B
| $25.9M | 0.01% |
436,095
+26,276
| +6% | +$1.48M |
|
1912
Barrett Business Services
BBSI
$807M
| $25.8M | 0.01% |
1,139,468
-17,036
| -1% | -$377K |
|
1913
Bath & Body Works
BBWI
$3.47B
| $25.7M | 0.01% |
1,755,143
-56,467
| -3% | -$815K |
|
|
TSG
1914
DELISTED
The Stars Group Inc.
TSG
| $25.7M | 0.01% |
984,205
| – | – |
|
|
EXAS
1915
DELISTED
Exact Sciences
EXAS
| $25.6M | 0.01% |
276,900
+62,009
| +29% | +$5.45M |
|
1916
Hooker Furnishings Corp
HOFT
$140M
| $25.6M | 0.01% |
996,176
+3,338
| +0.3% | +$78.5K |
|
|
AUD
1917
DELISTED
Audacy, Inc.
AUD
| $25.5M | 0.01% |
5,502,397
-88,159
| -2% | -$368K |
|
1918
Napco Security Technologies
NSSC
$1.29B
| $25.5M | 0.01% |
1,736,342
-139,358
| -7% | -$2.02M |
|
1919
Palo Alto Networks
PANW
$307B
| $25.4M | 0.01% |
659,166
+5,100
| +0.8% | +$193K |
|
1920
Clean Energy Fuels
CLNE
$384M
| $25.4M | 0.01% |
10,856,983
-102,698
| -0.9% | -$218K |
|
1921
Vicor
VICR
$9.98B
| $25.2M | 0.01% |
540,290
-7,184
| -1% | -$274K |
|
1922
Franklin Covey
FC
$198M
| $25.2M | 0.01% |
782,607
-34,928
| -4% | -$1.27M |
|
1923
Commault Systems
CVLT
$6.17B
| $25.2M | 0.01% |
565,025
+38,602
| +7% | +$1.83M |
|
1924
Expro Ltd
XPRO
$1.84B
| $25.1M | 0.01% |
809,845
+52,842
| +7% | +$1.62M |
|
|
AKS
1925
DELISTED
AK Steel Holding Corp
AKS
| $25M | 0.01% |
7,584,291
-63,015
| -0.8% | -$175K |
|
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.