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 | |
|---|---|---|---|---|---|---|
2001
Palo Alto Networks
PANW
$307B
| $21.6M | 0.01% |
637,056
+4,644
| +0.7% | +$174K |
|
2002
Keurig Dr Pepper
KDP
$42.8B
| $21.6M | 0.01% |
746,761
+32,171
| +5% | +$916K |
|
|
TAST
2003
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $21.5M | 0.01% |
2,383,650
+23,369
| +1% | +$215K |
|
2004
QCR Holdings
QCRH
$1.65B
| $21.5M | 0.01% |
617,092
+33,555
| +6% | +$1.14M |
|
|
AFI
2005
DELISTED
Armstrong Flooring, Inc.
AFI
| $21.5M | 0.01% |
2,181,928
+17,241
| +0.8% | +$213K |
|
2006
Forum Energy Technologies
FET
$944M
| $21.5M | 0.01% |
313,652
+6,454
| +2% | +$614K |
|
2007
FB Financial Corp
FBK
$2.67B
| $21.4M | 0.01% |
585,439
+34,704
| +6% | +$1.23M |
|
2008
MacroGenics
MGNX
$263M
| $21.4M | 0.01% |
1,262,543
+128,786
| +11% | +$2.21M |
|
2009
Distribution Solutions Group
DSGR
$1.61B
| $21.3M | 0.01% |
1,161,230
-26,780
| -2% | -$459K |
|
2010
PENN Entertainment
PENN
$2.34B
| $21.2M | 0.01% |
1,098,194
-3,946
| -0.4% | -$80.1K |
|
|
AVYA
2011
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $21.1M | 0.01% |
1,775,350
+996,513
| +128% | +$15.2M |
|
2012
Koppers
KOP
$873M
| $21.1M | 0.01% |
719,933
+9,619
| +1% | +$268K |
|
2013
NWPX Infrastructure Inc
NWPX
$993M
| $21.1M | 0.01% |
818,301
+3,801
| +0.5% | +$94.3K |
|
|
SGMO
2014
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $21.1M | 0.01% |
1,958,404
+441,744
| +29% | +$4.7M |
|
2015
Wheaton Precious Metals
WPM
$69.1B
| $21M | 0.01% |
869,858
-40,083
| -4% | -$889K |
|
2016
United States Lime & Minerals
USLM
$3.28B
| $21M | 0.01% |
1,314,310
-3,985
| -0.3% | -$64.4K |
|
2017
DexCom
DXCM
$33.2B
| $21M | 0.01% |
560,960
-1,548
| -0.3% | -$48.7K |
|
|
SRGA
2018
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $21M | 0.01% |
164,739
+4,270
| +3% | +$615K |
|
|
CAMP
2019
DELISTED
CalAmp Corp.
CAMP
| $20.9M | 0.01% |
77,940
-3,177
| -4% | -$895K |
|
2020
Mistras Group
MG
$632M
| $20.8M | 0.01% |
1,449,270
+27,411
| +2% | +$377K |
|
2021
Park Aerospace
PKE
$663M
| $20.7M | 0.01% |
1,241,229
-9,958
| -0.8% | -$160K |
|
2022
Commault Systems
CVLT
$6.17B
| $20.7M | 0.01% |
416,993
+126,386
| +43% | +$6.72M |
|
2023
Northrim BanCorp
NRIM
$567M
| $20.6M | 0.01% |
2,311,988
+2,760
| +0.1% | +$23.9K |
|
|
ACHN
2024
DELISTED
Achillion Pharmaceuticals
ACHN
| $20.6M | 0.01% |
7,685,598
+132,270
| +2% | +$391K |
|
2025
Turning Point Brands
TPB
$1.38B
| $20.6M | 0.01% |
420,252
+13,968
| +3% | +$673K |
|
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.