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 |
Truist Financial
TFC
|
+$224M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$123M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$117M |
| 4 |
Bank of America
BAC
|
+$78.7M |
| 5 |
Valley National Bancorp
VLY
|
+$61.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$411M |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$228M |
| 3 |
CELG
Celgene Corp
CELG
|
+$198M |
| 4 |
Walmart Inc
WMT
|
+$177M |
| 5 |
GWR
Genesee & Wyoming Inc.
GWR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.31% |
| 2 | Technology | 14.29% |
| 3 | Industrials | 13.48% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Healthcare | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PLYA
2026
DELISTED
Playa Hotels & Resorts
PLYA
| $20.7M | 0.01% |
2,466,843
+186,214
| +8% | +$1.45M |
|
2027
TFS Financial
TFSL
$4.71B
| $20.7M | 0.01% |
1,051,496
-35,875
| -3% | -$693K |
|
|
ITIC
2028
Investors Title Co
ITIC
$559M
| $20.6M | 0.01% |
129,674
-10,959
| -8% | -$1.77M |
|
|
TGH
2029
DELISTED
Textainer Group Holdings limited
TGH
| $20.6M | 0.01% |
1,927,552
+104,842
| +6% | +$1.02M |
|
2030
York Water
YORW
$536M
| $20.6M | 0.01% |
446,600
-3,771
| -0.8% | -$165K |
|
2031
Tilly's
TLYS
$130M
| $20.6M | 0.01% |
1,677,997
+20,145
| +1% | +$213K |
|
|
INN
2032
Summit Hotel Properties
INN
$617M
| $20.5M | 0.01% |
1,663,333
+22,731
| +1% | +$273K |
|
2033
Agnico Eagle Mines
AEM
$102B
| $20.5M | 0.01% |
333,025
-21,900
| -6% | -$1.27M |
|
|
UNIT
2034
Uniti Group
UNIT
$2.34B
| $20.5M | 0.01% |
2,495,792
-33,827
| -1% | -$245K |
|
|
RFP
2035
DELISTED
Resolute Forest Products Inc.
RFP
| $20.4M | 0.01% |
4,854,000
-27,571
| -0.6% | -$114K |
|
2036
Pearson
PSO
$9.62B
| $20.3M | 0.01% |
2,409,114
+136,384
| +6% | +$1.17M |
|
2037
National CineMedia
NCMI
$209M
| $20.2M | 0.01% |
277,711
-4,545
| -2% | -$342K |
|
2038
Live Oak Bancshares
LOB
$1.77B
| $20.2M | 0.01% |
1,060,471
-28,191
| -3% | -$521K |
|
|
OMN
2039
DELISTED
OMNOVA Solutions Inc.
OMN
| $20.1M | 0.01% |
1,991,886
-110,941
| -5% | -$1.12M |
|
|
WIFI
2040
DELISTED
Boingo Wireless, Inc.
WIFI
| $20.1M | 0.01% |
1,838,331
-75,284
| -4% | -$817K |
|
2041
Intrepid Potash
IPI
$531M
| $20M | 0.01% |
739,724
-3,023
| -0.4% | -$82.1K |
|
2042
PJT Partners
PJT
$3.87B
| $20M | 0.01% |
442,603
-10,604
| -2% | -$445K |
|
2043
West Bancorporation
WTBA
$504M
| $19.9M | 0.01% |
777,819
-11,776
| -1% | -$280K |
|
|
TGI
2044
DELISTED
Triumph Group
TGI
| $19.9M | 0.01% |
787,016
-290,272
| -27% | -$7.21M |
|
|
CBB
2045
DELISTED
Cincinnati Bell Inc.
CBB
| $19.8M | 0.01% |
1,893,830
-36,144
| -2% | -$222K |
|
|
QADA
2046
DELISTED
QAD Inc.
QADA
| $19.8M | 0.01% |
389,274
-6,977
| -2% | -$334K |
|
2047
Workday
WDAY
$48B
| $19.8M | 0.01% |
120,426
-439
| -0.4% | -$72.9K |
|
2048
Ecovyst
ECVT
$1.16B
| $19.8M | 0.01% |
1,151,338
+124,606
| +12% | +$2M |
|
2049
GrafTech
EAF
$209M
| $19.8M | 0.01% |
170,202
+20,998
| +14% | +$2.64M |
|
2050
Coca-Cola Femsa
KOF
$23.6B
| $19.7M | 0.01% |
325,745
-11,927
| -4% | -$702K |
|
Similar funds
Dimensional Fund Advisors's Q4 2019 Portfolio in Review
As of Q4 2019, Dimensional Fund Advisors held 3,465 positions worth $274B, up 6.6% from $257B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 3.8%. Dimensional Fund Advisors opened 48 new positions and exited 85, leaving the 3,465-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 Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2019 buy was Envista: 1,368,881 shares worth $40.6M.
- Dimensional Fund Advisors added most to Truist Financial in Q4 2019, an estimated $224M increase.
- Dimensional Fund Advisors's biggest Q4 2019 reduction was Apple, cutting an estimated $411M.
- Dimensional Fund Advisors fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $274B portfolio in Q4 2019.
- Dimensional Fund Advisors opened 48 new positions and closed 85 in Q4 2019.
- Dimensional Fund Advisors's portfolio value rose 6.6% quarter-over-quarter to $274B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.