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 |
Canadian Pacific Kansas City
CP
|
+$258M |
| 2 |
CADE
Cadence Bank
CADE
|
+$214M |
| 3 |
Verizon
VZ
|
+$149M |
| 4 |
Realty Income
O
|
+$146M |
| 5 |
Amazon
AMZN
|
+$133M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$347M |
| 2 |
Zurn Elkay Water Solutions
ZWS
|
+$327M |
| 3 |
UFS
DOMTAR CORPORATION (New)
UFS
|
+$197M |
| 4 |
Oracle
ORCL
|
+$178M |
| 5 |
Avis
CAR
|
+$158M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.37% |
| 2 | Financials | 17.04% |
| 3 | Industrials | 12.75% |
| 4 | Consumer Discretionary | 11.28% |
| 5 | Healthcare | 11.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Open Text
OTEX
$5.97B
| $19.5M | 0.01% |
411,559
+4,263
| +1% | +$210K |
|
2002
Cognyte Software
CGNT
$669M
| $19.5M | 0.01% |
1,244,849
-8,303
| -0.7% | -$168K |
|
2003
Celsius Holdings
CELH
$6.8B
| $19.4M | 0.01% |
782,388
-60,300
| -7% | -$1.67M |
|
|
NEX
2004
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $19.4M | 0.01% |
5,464,526
-446,670
| -8% | -$1.87M |
|
2005
Build-A-Bear
BBW
$455M
| $19.4M | 0.01% |
992,956
-14,172
| -1% | -$250K |
|
2006
Bar Harbor Bankshares
BHB
$668M
| $19.4M | 0.01% |
669,824
-5,310
| -0.8% | -$157K |
|
2007
Anterix
ATEX
$1.92B
| $19.4M | 0.01% |
329,391
+10,611
| +3% | +$644K |
|
2008
Vera Bradley
VRA
$97.3M
| $19.3M | 0.01% |
2,270,799
-122,849
| -5% | -$1.18M |
|
2009
Lennar Class B
LEN.B
$20.8B
| $19.3M | 0.01% |
212,576
+1,091
| +0.5% | +$89.7K |
|
2010
Atara Biotherapeutics
ATRA
$75M
| $19.3M | 0.01% |
48,980
+12,543
| +34% | +$5.28M |
|
2011
Lands' End
LE
$404M
| $19.2M | 0.01% |
979,604
-6,980
| -0.7% | -$162K |
|
2012
Metropolitan Bank Holding Corp
MCB
$1.15B
| $19.2M | 0.01% |
180,454
+15,383
| +9% | +$1.46M |
|
2013
Unitil
UTL
$980M
| $19.2M | 0.01% |
417,409
-8,199
| -2% | -$355K |
|
2014
Empire State Realty Trust
ESRT
$834M
| $19.1M | 0.01% |
2,151,656
-24,149
| -1% | -$238K |
|
2015
York Water
YORW
$514M
| $19M | 0.01% |
382,330
-8,007
| -2% | -$382K |
|
2016
Mesa Laboratories
MLAB
$572M
| $19M | 0.01% |
57,988
+12,894
| +29% | +$4.05M |
|
2017
CVR Energy
CVI
$3.11B
| $19M | 0.01% |
1,127,968
-47,896
| -4% | -$848K |
|
2018
First Mid Bancshares
FMBH
$1.37B
| $18.9M | 0.01% |
442,383
+6,855
| +2% | +$294K |
|
2019
Willis Lease Finance
WLFC
$1.28B
| $18.8M | 0.01% |
1,498,911
-12,525
| -0.8% | -$160K |
|
2020
The Joint Corp
JYNT
$120M
| $18.7M | 0.01% |
285,426
-7,484
| -3% | -$604K |
|
|
GTY
2021
Getty Realty Corp
GTY
$2.06B
| $18.7M | 0.01% |
583,449
-6,865
| -1% | -$217K |
|
2022
Radiant Logistics
RLGT
$397M
| $18.7M | 0.01% |
2,565,789
-60,746
| -2% | -$437K |
|
2023
Consensus Cloud Solutions
CCSI
$664M
| $18.7M | 0.01% |
+323,155
| New | +$19.7M |
|
2024
Orthofix Medical
OFIX
$421M
| $18.5M | 0.01% |
594,115
-9,931
| -2% | -$332K |
|
|
AIV
2025
Aimco
AIV
$384M
| $18.5M | 0.01% |
2,392,181
-31,877
| -1% | -$243K |
|
Similar funds
Dimensional Fund Advisors's Q4 2021 Portfolio in Review
As of Q4 2021, Dimensional Fund Advisors held 3,615 positions worth $331B, up 6.5% from $310B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Dimensional Fund Advisors's Q4 2021 filing shows 116 new, 1,381 increased, 1,924 reduced and 78 closed positions. Its largest new stake was Cadence Bank: 7,091,420 shares worth $211M. The largest sale was Kansas City Southern, an estimated $347M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q4 2021 buy was Cadence Bank: 7,091,420 shares worth $211M.
- Dimensional Fund Advisors added most to Canadian Pacific Kansas City in Q4 2021, an estimated $258M increase.
- Dimensional Fund Advisors's biggest Q4 2021 reduction was Zurn Elkay Water Solutions, cutting an estimated $327M.
- Dimensional Fund Advisors fully exited Kansas City Southern in Q4 2021, selling an estimated $347M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $331B portfolio in Q4 2021.
- Dimensional Fund Advisors opened 116 new positions and closed 78 in Q4 2021.
- Dimensional Fund Advisors's portfolio value rose 6.5% quarter-over-quarter to $331B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2021, filed 9 Feb 2022.