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 |
Walt Disney
DIS
|
+$243M |
| 2 |
Chevron
CVX
|
+$221M |
| 3 |
JPMorgan Chase
JPM
|
+$202M |
| 4 |
FITB
Fifth Third Bancorp
FITB
|
+$194M |
| 5 |
RTX Corp
RTX
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESL
Esterline Technologies
ESL
|
+$286M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$221M |
| 3 |
MBFI
MB Financial Corp
MBFI
|
+$199M |
| 4 |
AHL
ASPEN Insurance Holding Limited
AHL
|
+$191M |
| 5 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$99.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.19% |
| 2 | Industrials | 13.21% |
| 3 | Technology | 13.18% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Healthcare | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PAR Technology
PAR
$699M
| $21.8M | 0.01% |
892,827
-36,347
| -4% | -$886K |
|
2002
Coca-Cola Femsa
KOF
$22.7B
| $21.8M | 0.01% |
330,941
+24,991
| +8% | +$1.57M |
|
2003
Nektar Therapeutics
NKTR
$2.39B
| $21.8M | 0.01% |
43,172
+15,937
| +59% | +$9.44M |
|
|
BFIN
2004
DELISTED
BankFinancial
BFIN
| $21.7M | 0.01% |
1,461,964
-18,890
| -1% | -$286K |
|
2005
Global Net Lease
GNL
$1.84B
| $21.7M | 0.01% |
1,147,647
+89,557
| +8% | +$1.71M |
|
2006
Wheaton Precious Metals
WPM
$49.5B
| $21.7M | 0.01% |
909,941
-38,316
| -4% | -$815K |
|
2007
Western New England Bancorp
WNEB
$259M
| $21.6M | 0.01% |
2,339,823
+35,855
| +2% | +$343K |
|
|
SPLK
2008
DELISTED
Splunk Inc
SPLK
| $21.6M | 0.01% |
173,100
+6,896
| +4% | +$861K |
|
2009
Dorian LPG
LPG
$2.03B
| $21.5M | 0.01% |
3,354,582
+177,072
| +6% | +$1.04M |
|
|
HPR
2010
DELISTED
HighPoint Resources Corporation
HPR
| $21.5M | 0.01% |
194,345
-4,725
| -2% | -$629K |
|
2011
Franklin Covey
FC
$242M
| $21.5M | 0.01% |
848,725
-36,720
| -4% | -$917K |
|
2012
NN Inc
NNBR
$255M
| $21.5M | 0.01% |
2,864,181
+270,827
| +10% | +$2.4M |
|
|
CRC
2013
DELISTED
California Resources Corporation
CRC
| $21.4M | 0.01% |
833,669
+25,998
| +3% | +$563K |
|
2014
AppFolio
APPF
$6.38B
| $21.4M | 0.01% |
269,606
+1,284
| +0.5% | +$85.9K |
|
|
CTRL
2015
DELISTED
Control4 Corporation
CTRL
| $21.3M | 0.01% |
1,258,953
+61,319
| +5% | +$1.11M |
|
|
ASRT
2016
DELISTED
Assertio
ASRT
| $21.2M | 0.01% |
69,855
+4,046
| +6% | +$1.04M |
|
2017
Insmed
INSM
$21.4B
| $21.2M | 0.01% |
730,686
-51,928
| -7% | -$1.35M |
|
2018
RELX
RELX
$61.8B
| $21.2M | 0.01% |
989,046
+6,470
| +0.7% | +$141K |
|
2019
RPC Inc
RES
$1.24B
| $21.2M | 0.01% |
1,857,948
+119,787
| +7% | +$1.28M |
|
2020
Costamare
CMRE
$1.88B
| $21.1M | 0.01% |
4,059,788
+247,065
| +6% | +$1.24M |
|
|
FRGI
2021
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $21.1M | 0.01% |
1,609,561
+5,942
| +0.4% | +$87.8K |
|
2022
Kite Realty
KRG
$5.81B
| $21.1M | 0.01% |
1,318,691
-1,685
| -0.1% | -$26.7K |
|
|
BELFB
2023
Bel Fuse Inc Class B
BELFB
$3.87B
| $21M | 0.01% |
832,129
+2,860
| +0.3% | +$66.1K |
|
|
TIER
2024
DELISTED
TIER REIT, Inc.
TIER
| $21M | 0.01% |
732,694
+76,074
| +12% | +$1.81M |
|
2025
Laureate Education
LAUR
$5.28B
| $21M | 0.01% |
1,402,140
+110,900
| +9% | +$1.68M |
|
Similar funds
Dimensional Fund Advisors's Q1 2019 Portfolio in Review
As of Q1 2019, Dimensional Fund Advisors held 3,518 positions worth $251B, up 14% from $221B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Trading was light in Q1 2019: portfolio turnover was 4%. Dimensional Fund Advisors opened 69 new positions and exited 72, leaving the 3,518-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q1 2019 buy was Fox Class A: 1,480,073 shares worth $54.3M.
- Dimensional Fund Advisors added most to Walt Disney in Q1 2019, an estimated $243M increase.
- Dimensional Fund Advisors's biggest Q1 2019 reduction was Marathon Petroleum, cutting an estimated $95.7M.
- Dimensional Fund Advisors fully exited Esterline Technologies in Q1 2019, selling an estimated $286M.
- Dimensional Fund Advisors's ten largest holdings make up 9.6% of its $251B portfolio in Q1 2019.
- Dimensional Fund Advisors opened 69 new positions and closed 72 in Q1 2019.
- Dimensional Fund Advisors's portfolio value rose 14% quarter-over-quarter to $251B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2019, filed 10 May 2019.