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 |
Apple
AAPL
|
+$241M |
| 2 |
Amazon
AMZN
|
+$190M |
| 3 |
Dow Inc
DOW
|
+$187M |
| 4 |
Chevron
CVX
|
+$114M |
| 5 |
JPMorgan Chase
JPM
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BEL
Belmond Ltd.
BEL
|
+$194M |
| 2 |
FITB
Fifth Third Bancorp
FITB
|
+$172M |
| 3 |
NAVG
Navigators Group Inc
NAVG
|
+$162M |
| 4 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$154M |
| 5 |
DuPont de Nemours
DD
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.19% |
| 2 | Industrials | 13.87% |
| 3 | Technology | 13.52% |
| 4 | Consumer Discretionary | 10.69% |
| 5 | Healthcare | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
REVG
1951
DELISTED
REV Group
REVG
| $23.7M | 0.01% |
1,644,533
+191,714
| +13% | +$2.34M |
|
1952
NACCO Industries
NC
$283M
| $23.7M | 0.01% |
455,428
+5,643
| +1% | +$264K |
|
|
CNSL
1953
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $23.7M | 0.01% |
4,797,498
+183,909
| +4% | +$1.17M |
|
1954
Arrow Financial
AROW
$706M
| $23.6M | 0.01% |
787,986
+6,671
| +0.9% | +$193K |
|
1955
Ceco Environmental
CECO
$4.15B
| $23.6M | 0.01% |
2,461,112
+20,022
| +0.8% | +$171K |
|
1956
Tanger
SKT
$4.11B
| $23.6M | 0.01% |
1,455,585
-16,507
| -1% | -$297K |
|
1957
Pearson
PSO
$9.62B
| $23.5M | 0.01% |
2,272,980
-63,463
| -3% | -$665K |
|
|
FSB
1958
DELISTED
Franklin Financial Network, Inc.
FSB
| $23.5M | 0.01% |
843,753
+36,552
| +5% | +$1.02M |
|
1959
Inogen
INGN
$136M
| $23.5M | 0.01% |
352,021
+3,989
| +1% | +$304K |
|
1960
Ameresco
AMRC
$1.26B
| $23.5M | 0.01% |
1,595,180
+30,869
| +2% | +$473K |
|
1961
First Financial Corp
THFF
$917M
| $23.4M | 0.01% |
582,993
+3,416
| +0.6% | +$138K |
|
1962
Expro Ltd
XPRO
$1.84B
| $23.4M | 0.01% |
713,664
+124,876
| +21% | +$4.51M |
|
1963
TechTarget
TTGT
$278M
| $23.3M | 0.01% |
1,098,370
+16,513
| +2% | +$309K |
|
1964
Sanofi
SNY
$103B
| $23.3M | 0.01% |
538,868
-1,453
| -0.3% | -$61.8K |
|
1965
Titan International
TWI
$461M
| $23.3M | 0.01% |
4,768,120
+181,682
| +4% | +$989K |
|
1966
Omega Flex
OFLX
$261M
| $23.2M | 0.01% |
302,452
+75
| +0% | +$6.3K |
|
|
GBT
1967
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $23.2M | 0.01% |
441,083
-40,786
| -8% | -$2.34M |
|
1968
National Grid
NGG
$78B
| $23.2M | 0.01% |
492,866
+29,644
| +6% | +$1.39M |
|
|
VIVO
1969
DELISTED
Meridian Bioscience Inc
VIVO
| $23.1M | 0.01% |
1,944,894
+24,483
| +1% | +$295K |
|
|
ZIXI
1970
DELISTED
Zix Corporation
ZIXI
| $23.1M | 0.01% |
2,537,152
-4,798
| -0.2% | -$41.8K |
|
1971
Grupo Aeroportuario del Pacifico
PAC
$11.9B
| $23.1M | 0.01% |
220,906
| – | – |
|
1972
Core Laboratories
CLB
$523M
| $23.1M | 0.01% |
440,928
+13,909
| +3% | +$816K |
|
1973
Global Net Lease
GNL
$2.06B
| $23M | 0.01% |
1,173,583
+25,936
| +2% | +$494K |
|
1974
Under Armour Class C
UA
$2.08B
| $23M | 0.01% |
1,035,933
-7,993
| -0.8% | -$166K |
|
1975
SEACOR Marine Holdings
SMHI
$256M
| $22.9M | 0.01% |
1,534,125
+4,897
| +0.3% | +$67.5K |
|
Similar funds
Dimensional Fund Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Dimensional Fund Advisors held 3,525 positions worth $258B, up 2.6% from $251B the previous quarter. Its ten largest holdings account for 9.9% of the portfolio.
Trading was light in Q2 2019: portfolio turnover was 3.9%. Dimensional Fund Advisors opened 80 new positions and exited 58, leaving the 3,525-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 Q2 2019 buy was Dow Inc: 3,549,651 shares worth $175M.
- Dimensional Fund Advisors added most to Apple in Q2 2019, an estimated $241M increase.
- Dimensional Fund Advisors's biggest Q2 2019 reduction was Fifth Third Bancorp, cutting an estimated $172M.
- Dimensional Fund Advisors fully exited Belmond Ltd. in Q2 2019, selling an estimated $194M.
- Dimensional Fund Advisors's ten largest holdings make up 9.9% of its $258B portfolio in Q2 2019.
- Dimensional Fund Advisors opened 80 new positions and closed 58 in Q2 2019.
- Dimensional Fund Advisors's portfolio value rose 2.6% quarter-over-quarter to $258B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.