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 | |
|---|---|---|---|---|---|---|
2051
Iovance Biotherapeutics
IOVA
$4.63B
| $20M | 0.01% |
815,939
+458,811
| +128% | +$6.91M |
|
|
ATCO
2052
DELISTED
Atlas Corp.
ATCO
| $19.9M | 0.01% |
2,031,826
+297,301
| +17% | +$2.86M |
|
|
BZUN
2053
Baozun
BZUN
$163M
| $19.8M | 0.01% |
397,631
+126,866
| +47% | +$5.48M |
|
2054
Kite Realty
KRG
$5.12B
| $19.8M | 0.01% |
1,308,971
-9,720
| -0.7% | -$154K |
|
2055
Preformed Line Products
PLPC
$2B
| $19.8M | 0.01% |
356,015
+2,812
| +0.8% | +$147K |
|
2056
Covenant Logistics
CVLG
$863M
| $19.8M | 0.01% |
2,687,032
+17,238
| +0.6% | +$151K |
|
|
MNTA
2057
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $19.6M | 0.01% |
1,570,543
+453,279
| +41% | +$6.02M |
|
|
BFIN
2058
DELISTED
BankFinancial
BFIN
| $19.5M | 0.01% |
1,396,796
-65,168
| -4% | -$946K |
|
|
WWE
2059
DELISTED
World Wrestling Entertainment
WWE
| $19.5M | 0.01% |
270,539
-155
| -0.1% | -$12.7K |
|
2060
Heritage Insurance Holdings
HRTG
$1.04B
| $19.5M | 0.01% |
1,265,286
+169,260
| +15% | +$2.49M |
|
2061
Ribbon Communications
RBBN
$299M
| $19.4M | 0.01% |
3,975,870
+54,374
| +1% | +$266K |
|
|
INFN
2062
DELISTED
Infinera Corporation Common Stock
INFN
| $19.4M | 0.01% |
6,671,863
+568,386
| +9% | +$2.14M |
|
2063
PG&E
PCG
$29.7B
| $19.2M | 0.01% |
838,338
-20,387
| -2% | -$410K |
|
2064
CGI
GIB
$14.7B
| $19.2M | 0.01% |
250,156
+51,671
| +26% | +$3.76M |
|
|
CS
2065
DELISTED
Credit Suisse Group
CS
| $19.2M | 0.01% |
1,602,967
-40,937
| -2% | -$499K |
|
|
LFC
2066
DELISTED
China Life Insurance Company Ltd.
LFC
| $19.2M | 0.01% |
1,550,396
-7,640
| -0.5% | -$97K |
|
2067
National Vision
EYE
$1.32B
| $19.2M | 0.01% |
623,176
+103,909
| +20% | +$2.98M |
|
|
XYZ
2068
Block Inc
XYZ
$46.2B
| $19.1M | 0.01% |
263,193
-16,607
| -6% | -$1.16M |
|
2069
Calix
CALX
$2.25B
| $19.1M | 0.01% |
2,904,896
-42,179
| -1% | -$285K |
|
2070
Daktronics
DAKT
$846M
| $19M | 0.01% |
3,084,688
-24,202
| -0.8% | -$169K |
|
2071
Newmark Group
NMRK
$2.53B
| $19M | 0.01% |
2,118,940
+298,834
| +16% | +$2.52M |
|
2072
Match Group
MTCH
$10B
| $19M | 0.01% |
282,648
+4,463
| +2% | +$292K |
|
2073
Quad
QUAD
$503M
| $19M | 0.01% |
2,401,087
+65,646
| +3% | +$687K |
|
|
WW
2074
DELISTED
WW International
WW
| $19M | 0.01% |
993,756
+143,573
| +17% | +$2.84M |
|
2075
Hain Celestial
HAIN
$50.8M
| $18.9M | 0.01% |
862,744
-4,180
| -0.5% | -$91.7K |
|
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.