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 | |
|---|---|---|---|---|---|---|
|
HSKA
2026
DELISTED
Heska Corp
HSKA
| $20.6M | 0.01% |
241,404
+9,125
| +4% | +$711K |
|
2027
EQT Corp
EQT
$31.5B
| $20.5M | 0.01% |
1,300,420
+497,972
| +62% | +$9.55M |
|
2028
Coca-Cola Femsa
KOF
$23.6B
| $20.5M | 0.01% |
330,056
-885
| -0.3% | -$56.7K |
|
2029
Bank of Marin Bancorp
BMRC
$462M
| $20.4M | 0.01% |
497,665
+22,491
| +5% | +$944K |
|
2030
Hooker Furnishings Corp
HOFT
$138M
| $20.4M | 0.01% |
989,996
+927
| +0.1% | +$24.9K |
|
2031
TFS Financial
TFSL
$4.71B
| $20.4M | 0.01% |
1,129,118
-8,321
| -0.7% | -$142K |
|
2032
Upland Software
UPLD
$11.5M
| $20.4M | 0.01% |
44,809
+6,731
| +18% | +$3.08M |
|
2033
Central Garden & Pet Co
CENT
$2.54B
| $20.4M | 0.01% |
945,923
+50,855
| +6% | +$1.12M |
|
|
VMW
2034
DELISTED
VMware, Inc
VMW
| $20.3M | 0.01% |
121,401
+13,237
| +12% | +$2.48M |
|
2035
Village Super Market
VLGEA
$653M
| $20.3M | 0.01% |
765,757
+14,645
| +2% | +$397K |
|
2036
CEVA Inc
CEVA
$840M
| $20.3M | 0.01% |
832,453
+14,462
| +2% | +$355K |
|
2037
Harmony Gold Mining
HMY
$12.4B
| $20.3M | 0.01% |
8,926,883
-57,968
| -0.6% | -$107K |
|
2038
Hurco Companies Inc
HURC
$147M
| $20.3M | 0.01% |
569,472
-1,422
| -0.2% | -$53.7K |
|
|
TPIC
2039
DELISTED
TPI Composites
TPIC
| $20.2M | 0.01% |
819,068
+14,606
| +2% | +$374K |
|
|
ACIA
2040
DELISTED
Acacia Communications Inc
ACIA
| $20.2M | 0.01% |
429,099
+41,089
| +11% | +$2.16M |
|
2041
Hamilton Lane
HLNE
$4.87B
| $20.2M | 0.01% |
354,110
+21,973
| +7% | +$1.1M |
|
|
MDSO
2042
DELISTED
Medidata Solutions, Inc.
MDSO
| $20.2M | 0.01% |
222,894
-17,361
| -7% | -$1.52M |
|
|
MEET
2043
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $20.2M | 0.01% |
5,794,257
-215,684
| -4% | -$958K |
|
|
PENG
2044
Penguin Solutions Inc
PENG
$2.68B
| $20.1M | 0.01% |
1,750,498
+51,482
| +3% | +$521K |
|
2045
Midland States Bancorp
MSBI
$697M
| $20.1M | 0.01% |
752,681
+89,393
| +13% | +$2.32M |
|
|
LBRDA
2046
DELISTED
Liberty Broadband Class A
LBRDA
| $20.1M | 0.01% |
195,554
+1,841
| +1% | +$181K |
|
2047
Tootsie Roll Industries
TR
$2.82B
| $20.1M | 0.01% |
668,798
-7,553
| -1% | -$237K |
|
|
WCN
2048
Waste Connections
WCN
$39B
| $20.1M | 0.01% |
209,987
+63,215
| +43% | +$5.83M |
|
2049
Donnelley Financial Solutions
DFIN
$1.18B
| $20.1M | 0.01% |
1,503,498
-3,310
| -0.2% | -$46.7K |
|
2050
National Beverage
FIZZ
$2.98B
| $20M | 0.01% |
897,782
-1,906
| -0.2% | -$49K |
|
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.