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 | |
|---|---|---|---|---|---|---|
1976
Capital City Bank Group
CCBG
$859M
| $22.9M | 0.01% |
919,783
+3,333
| +0.4% | +$78.3K |
|
|
RP
1977
DELISTED
RealPage, Inc.
RP
| $22.8M | 0.01% |
387,449
+997
| +0.3% | +$60.4K |
|
|
TUP
1978
DELISTED
Tupperware Brands Corporation
TUP
| $22.6M | 0.01% |
1,185,867
+72,793
| +7% | +$1.64M |
|
1979
WPP
WPP
$5.55B
| $22.6M | 0.01% |
358,578
+63,237
| +21% | +$3.83M |
|
1980
Lifecore Biomedical
LFCR
$169M
| $22.5M | 0.01% |
2,405,825
+44,768
| +2% | +$452K |
|
1981
PAR Technology
PAR
$661M
| $22.5M | 0.01% |
797,960
-94,867
| -11% | -$2.45M |
|
1982
RadNet
RDNT
$6.12B
| $22.4M | 0.01% |
1,624,474
+38,159
| +2% | +$489K |
|
1983
Under Armour
UAA
$2.13B
| $22.4M | 0.01% |
883,432
+120
| +0% | +$2.81K |
|
1984
Cactus
WHD
$4.69B
| $22.4M | 0.01% |
674,928
+134,503
| +25% | +$4.68M |
|
|
SAGE
1985
DELISTED
Sage Therapeutics
SAGE
| $22.3M | 0.01% |
121,997
+2,775
| +2% | +$474K |
|
1986
OneSpan
OSPN
$661M
| $22.3M | 0.01% |
1,570,604
+3,508
| +0.2% | +$55.8K |
|
|
ITCI
1987
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $22.2M | 0.01% |
1,709,500
+86,304
| +5% | +$1.11M |
|
1988
Clearway Energy Class C
CWEN
$6.36B
| $22.1M | 0.01% |
1,313,112
-3,584
| -0.3% | -$56.6K |
|
1989
Costamare
CMRE
$1.86B
| $22.1M | 0.01% |
4,309,464
+249,676
| +6% | +$1.37M |
|
|
SPLK
1990
DELISTED
Splunk Inc
SPLK
| $22.1M | 0.01% |
175,651
+2,551
| +1% | +$324K |
|
1991
WisdomTree
WT
$3.37B
| $22.1M | 0.01% |
3,575,547
-13,500
| -0.4% | -$91.6K |
|
1992
Sterling Infrastructure
STRL
$15.5B
| $22M | 0.01% |
1,640,237
-24,498
| -1% | -$316K |
|
1993
SPS Commerce
SPSC
$2.89B
| $22M | 0.01% |
430,614
+15,246
| +4% | +$795K |
|
|
FRGI
1994
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $22M | 0.01% |
1,670,787
+61,226
| +4% | +$817K |
|
1995
Canadian Pacific Kansas City
CP
$78B
| $21.8M | 0.01% |
463,565
+229,990
| +98% | +$10.3M |
|
1996
Western New England Bancorp
WNEB
$277M
| $21.8M | 0.01% |
2,334,208
-5,615
| -0.2% | -$52.9K |
|
1997
Sarepta Therapeutics
SRPT
$2.18B
| $21.7M | 0.01% |
143,102
+2,500
| +2% | +$304K |
|
1998
El Pollo Loco
LOCO
$436M
| $21.7M | 0.01% |
2,036,199
-204,338
| -9% | -$2.37M |
|
|
HALL
1999
DELISTED
Hallmark Financial Services, Inc.
HALL
| $21.7M | 0.01% |
152,369
+1,752
| +1% | +$209K |
|
|
FIT
2000
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $21.6M | 0.01% |
4,919,140
+169,676
| +4% | +$855K |
|
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.