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 | |
|---|---|---|---|---|---|---|
|
NETI
1976
DELISTED
Eneti Inc.
NETI
| $21.1M | 0.01% |
374,204
+6,188
| +2% | +$347K |
|
1977
Global Indemnity Group
GBLI
$402M
| $21.1M | 0.01% |
846,423
-3,172
| -0.4% | -$85.8K |
|
1978
Midland States Bancorp
MSBI
$699M
| $21.1M | 0.01% |
809,789
+57,108
| +8% | +$1.5M |
|
|
DCPH
1979
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $21.1M | 0.01% |
621,503
+144,454
| +30% | +$4.28M |
|
1980
Snap
SNAP
$7.89B
| $21M | 0.01% |
1,329,788
+28,063
| +2% | +$449K |
|
1981
Sterling Infrastructure
STRL
$18.3B
| $21M | 0.01% |
1,596,672
-43,565
| -3% | -$533K |
|
1982
Bank of Marin Bancorp
BMRC
$472M
| $20.9M | 0.01% |
504,628
+6,963
| +1% | +$293K |
|
1983
Companhia Siderúrgica Nacional
SID
$1.31B
| $20.9M | 0.01% |
6,601,545
+1,078,501
| +20% | +$4.1M |
|
|
CAMP
1984
DELISTED
CalAmp Corp.
CAMP
| $20.8M | 0.01% |
78,649
+709
| +0.9% | +$175K |
|
1985
Alnylam Pharmaceuticals
ALNY
$27.5B
| $20.8M | 0.01% |
258,967
+7,709
| +3% | +$610K |
|
|
SPLK
1986
DELISTED
Splunk Inc
SPLK
| $20.8M | 0.01% |
176,483
+832
| +0.5% | +$104K |
|
|
MNTA
1987
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $20.8M | 0.01% |
1,601,364
+30,821
| +2% | +$372K |
|
|
ETRN
1988
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $20.7M | 0.01% |
1,422,372
+768,667
| +118% | +$11.8M |
|
|
IVC
1989
DELISTED
Invacare Corporation
IVC
| $20.7M | 0.01% |
2,753,626
+23,247
| +0.9% | +$130K |
|
|
DLPH
1990
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $20.6M | 0.01% |
1,539,611
+312,663
| +25% | +$4.96M |
|
1991
Hamilton Lane
HLNE
$4.91B
| $20.6M | 0.01% |
362,089
+7,979
| +2% | +$469K |
|
1992
Rocky Brands
RCKY
$366M
| $20.6M | 0.01% |
620,339
-950
| -0.2% | -$28.3K |
|
|
NE
1993
DELISTED
Noble Corporation
NE
| $20.5M | 0.01% |
16,178,486
-214,106
| -1% | -$366K |
|
1994
Pearson
PSO
$10.2B
| $20.5M | 0.01% |
2,272,730
-250
| -0% | -$2.59K |
|
1995
Workday
WDAY
$39.6B
| $20.5M | 0.01% |
120,865
-149
| -0.1% | -$28.8K |
|
1996
DexCom
DXCM
$31.5B
| $20.5M | 0.01% |
548,944
-12,016
| -2% | -$467K |
|
|
CTO
1997
CTO Realty Growth
CTO
$824M
| $20.5M | 0.01% |
1,149,732
+15,465
| +1% | +$266K |
|
1998
Coca-Cola Femsa
KOF
$22.7B
| $20.5M | 0.01% |
337,672
+7,616
| +2% | +$462K |
|
1999
Match Group
MTCH
$9.19B
| $20.4M | 0.01% |
285,466
+2,818
| +1% | +$220K |
|
|
UHT
2000
Universal Health Realty Income Trust
UHT
$603M
| $20.4M | 0.01% |
198,395
+1,800
| +0.9% | +$170K |
|
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.