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 | |
|---|---|---|---|---|---|---|
1926
iShares MSCI India ETF
INDA
$6.88B
| $14.4M | 0.01% |
599,298
+43,800
| +8% | +$1.4M |
|
|
TBNK
1927
DELISTED
Territorial Bancorp Inc.
TBNK
| $14.4M | 0.01% |
585,513
+5,042
| +0.9% | +$139K |
|
1928
Logitech
LOGI
$14.5B
| $14.4M | 0.01% |
334,739
-3,331
| -1% | -$144K |
|
|
VNET
1929
VNET Group
VNET
$2.08B
| $14.3M | 0.01% |
1,034,275
-161,817
| -14% | -$1.99M |
|
|
PFPT
1930
DELISTED
Proofpoint, Inc.
PFPT
| $14.3M | 0.01% |
139,461
+29,029
| +26% | +$3.39M |
|
|
SVC
1931
Service Properties Trust
SVC
$1.04B
| $14.3M | 0.01% |
529,971
-5,382
| -1% | -$483K |
|
1932
HubSpot
HUBS
$11.9B
| $14.3M | 0.01% |
107,254
+16,866
| +19% | +$2.8M |
|
1933
Nice
NICE
$5.79B
| $14.3M | 0.01% |
99,443
-25,553
| -20% | -$4.12M |
|
1934
Chefs' Warehouse
CHEF
$4.58B
| $14.3M | 0.01% |
1,417,498
-38,873
| -3% | -$1.15M |
|
|
CSOD
1935
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $14.2M | 0.01% |
448,717
+6,588
| +1% | +$321K |
|
|
AAMI
1936
Acadian Asset Management
AAMI
$2.99B
| $14.2M | 0.01% |
2,225,062
-12,054
| -0.5% | -$104K |
|
1937
Neurocrine Biosciences
NBIX
$18.7B
| $14.2M | 0.01% |
164,030
-11,848
| -7% | -$1.16M |
|
1938
Tiptree Inc
TIPT
$655M
| $14.2M | 0.01% |
2,714,925
+11,081
| +0.4% | +$74.6K |
|
|
SJR
1939
DELISTED
Shaw Communications Inc.
SJR
| $14.2M | 0.01% |
874,591
+82,425
| +10% | +$1.49M |
|
1940
Daktronics
DAKT
$941M
| $14.1M | 0.01% |
2,869,308
-116,217
| -4% | -$645K |
|
1941
WPP
WPP
$4.41B
| $14.1M | 0.01% |
417,686
-6,900
| -2% | -$375K |
|
1942
Iovance Biotherapeutics
IOVA
$2.09B
| $14.1M | 0.01% |
470,251
-304,740
| -39% | -$8.08M |
|
|
SGMO
1943
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $14M | 0.01% |
2,196,935
+12,353
| +0.6% | +$91.7K |
|
1944
Akebia Therapeutics
AKBA
$362M
| $14M | 0.01% |
1,844,423
+286,869
| +18% | +$2.23M |
|
|
TDAY
1945
USA Today Co
TDAY
$1.28B
| $14M | 0.01% |
9,444,060
-322,054
| -3% | -$1.59M |
|
|
DLPH
1946
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $14M | 0.01% |
1,735,120
+30,472
| +2% | +$378K |
|
1947
Park Aerospace
PKE
$730M
| $14M | 0.01% |
1,107,559
-74,917
| -6% | -$1.1M |
|
1948
Live Oak Bancshares
LOB
$1.97B
| $14M | 0.01% |
1,118,754
+58,283
| +5% | +$922K |
|
1949
PENN Entertainment
PENN
$2.75B
| $13.9M | 0.01% |
1,102,242
+83,406
| +8% | +$2.1M |
|
1950
Modine Manufacturing
MOD
$10.3B
| $13.9M | 0.01% |
4,268,763
+9,258
| +0.2% | +$61.5K |
|
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.