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 | |
|---|---|---|---|---|---|---|
|
GTY
1976
Getty Realty Corp
GTY
$2.09B
| $13M | 0.01% |
547,867
+10,309
| +2% | +$301K |
|
1977
Sociedad Química y Minera de Chile
SQM
$19.1B
| $13M | 0.01% |
577,103
-42,700
| -7% | -$1.15M |
|
1978
BlackBerry
BB
$4.98B
| $12.9M | 0.01% |
3,133,892
+2,013,443
| +180% | +$10.9M |
|
1979
IES Holdings
IESC
$14.3B
| $12.9M | 0.01% |
731,836
+5,159
| +0.7% | +$120K |
|
1980
Nathan's Famous
NATH
$403M
| $12.9M | 0.01% |
211,342
-2,140
| -1% | -$138K |
|
1981
Alpha and Omega Semiconductor
AOSL
$941M
| $12.9M | 0.01% |
2,008,333
+2,491
| +0.1% | +$27.1K |
|
1982
Open Text
OTEX
$6.09B
| $12.8M | 0.01% |
366,937
+45,064
| +14% | +$1.91M |
|
|
HMHC
1983
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $12.8M | 0.01% |
6,812,997
+214,647
| +3% | +$1.09M |
|
|
COUP
1984
DELISTED
Coupa Software Incorporated
COUP
| $12.8M | 0.01% |
91,561
-2,313
| -2% | -$358K |
|
1985
Kite Realty
KRG
$5.8B
| $12.8M | 0.01% |
1,352,116
-7,446
| -0.5% | -$119K |
|
1986
NatWest
NWG
$75.4B
| $12.8M | 0.01% |
4,363,826
-107,215
| -2% | -$564K |
|
1987
Zillow
ZG
$7.78B
| $12.8M | 0.01% |
375,889
-16,819
| -4% | -$771K |
|
|
P
1988
Everpure Inc
P
$25.4B
| $12.8M | 0.01% |
1,038,075
+185,509
| +22% | +$3.01M |
|
1989
NACCO Industries
NC
$351M
| $12.8M | 0.01% |
455,882
| – | – |
|
|
ACBI
1990
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $12.7M | 0.01% |
1,071,181
+31,748
| +3% | +$533K |
|
1991
Dine Brands
DIN
$452M
| $12.7M | 0.01% |
443,040
-23,727
| -5% | -$1.72M |
|
|
BPYU
1992
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $12.7M | 0.01% |
1,495,708
-402,410
| -21% | -$6.53M |
|
1993
Regional Management Corp
RM
$289M
| $12.7M | 0.01% |
927,243
-34,094
| -4% | -$840K |
|
1994
Brinker International
EAT
$8.92B
| $12.7M | 0.01% |
1,054,524
-110,259
| -9% | -$3.71M |
|
|
MNK
1995
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $12.7M | 0.01% |
6,388,539
-3,064
| -0% | -$11.6K |
|
|
CHS
1996
DELISTED
Chicos FAS, Inc.
CHS
| $12.6M | 0.01% |
9,792,757
-52,933
| -0.5% | -$182K |
|
1997
Coca-Cola Femsa
KOF
$22.8B
| $12.6M | 0.01% |
314,188
-11,557
| -4% | -$651K |
|
1998
Nicolet Bankshares
NIC
$3.56B
| $12.6M | 0.01% |
231,243
+92
| +0% | +$6.19K |
|
1999
Anterix
ATEX
$1.79B
| $12.6M | 0.01% |
276,203
+16,429
| +6% | +$743K |
|
|
GLOG
2000
DELISTED
GASLOG LTD
GLOG
| $12.6M | 0.01% |
3,484,078
-138,397
| -4% | -$844K |
|
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.