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 |
TCF
TCF Financial Corporation Common Stock
TCF
|
+$182M |
| 2 |
Walt Disney
DIS
|
+$178M |
| 3 |
L3Harris
LHX
|
+$164M |
| 4 |
Johnson & Johnson
JNJ
|
+$152M |
| 5 |
Meta Platforms (Facebook)
META
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$228M |
| 2 |
FNSR
Finisar Corp
FNSR
|
+$226M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$211M |
| 4 |
TCF
TCF Financial Corporation
TCF
|
+$210M |
| 5 |
LEXEA
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.92% |
| 2 | Industrials | 13.56% |
| 3 | Technology | 13.5% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Healthcare | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
Wheaton Precious Metals
WPM
$49.5B
| $18.8M | 0.01% |
718,284
-151,574
| -17% | -$4.08M |
|
|
BLUE
2052
DELISTED
bluebird bio
BLUE
| $18.8M | 0.01% |
15,784
+789
| +5% | +$1.2M |
|
2053
Independence Realty Trust
IRT
$3.92B
| $18.8M | 0.01% |
1,310,730
-15,736
| -1% | -$207K |
|
2054
Equity Bancshares
EQBK
$1.04B
| $18.7M | 0.01% |
697,530
+28,798
| +4% | +$754K |
|
|
AUD
2055
DELISTED
Audacy, Inc.
AUD
| $18.7M | 0.01% |
5,590,556
+185,905
| +3% | +$834K |
|
|
VIVO
2056
DELISTED
Meridian Bioscience Inc
VIVO
| $18.7M | 0.01% |
1,965,754
+20,860
| +1% | +$220K |
|
|
MNR
2057
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $18.6M | 0.01% |
1,290,882
+22,518
| +2% | +$308K |
|
2058
Citi Trends
CTRN
$555M
| $18.6M | 0.01% |
1,015,547
-5,596
| -0.5% | -$90.9K |
|
2059
TC Energy
TRP
$70.2B
| $18.6M | 0.01% |
358,557
+16,918
| +5% | +$845K |
|
2060
Calix
CALX
$2.26B
| $18.4M | 0.01% |
2,887,260
-17,636
| -0.6% | -$111K |
|
2061
PJT Partners
PJT
$4.3B
| $18.4M | 0.01% |
453,207
-4,246
| -0.9% | -$171K |
|
|
CSOD
2062
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $18.4M | 0.01% |
335,830
+232,561
| +225% | +$13.1M |
|
|
ROCC
2063
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $18.3M | 0.01% |
630,916
+104,987
| +20% | +$3.26M |
|
|
QADA
2064
DELISTED
QAD Inc.
QADA
| $18.3M | 0.01% |
396,251
+492
| +0.1% | +$20.5K |
|
|
INWK
2065
DELISTED
InnerWorkings, Inc.
INWK
| $18.3M | 0.01% |
4,129,973
-49,041
| -1% | -$196K |
|
|
JOBS
2066
DELISTED
51job Inc
JOBS
| $18.3M | 0.01% |
247,441
+13,078
| +6% | +$953K |
|
2067
Hurco Companies Inc
HURC
$135M
| $18.3M | 0.01% |
568,173
-1,299
| -0.2% | -$43.3K |
|
|
BZUN
2068
Baozun
BZUN
$167M
| $18.2M | 0.01% |
426,694
+29,063
| +7% | +$1.38M |
|
|
FRGI
2069
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $18.2M | 0.01% |
1,746,638
+75,851
| +5% | +$792K |
|
|
DHIL
2070
DELISTED
Diamond Hill
DHIL
| $18.1M | 0.01% |
131,238
-423
| -0.3% | -$57.5K |
|
|
WWE
2071
DELISTED
World Wrestling Entertainment
WWE
| $18.1M | 0.01% |
254,471
-16,068
| -6% | -$1.15M |
|
2072
Pan American Silver
PAAS
$18.2B
| $18.1M | 0.01% |
1,153,644
-10,333
| -0.9% | -$167K |
|
|
TGH
2073
DELISTED
Textainer Group Holdings limited
TGH
| $18.1M | 0.01% |
1,822,710
+104,443
| +6% | +$963K |
|
2074
Rayonier Advanced Materials
RYAM
$604M
| $18M | 0.01% |
4,158,677
+47,106
| +1% | +$201K |
|
2075
Rafael Holdings
RFL
$101M
| $17.9M | 0.01% |
865,576
-3,019
| -0.3% | -$61.6K |
|
Similar funds
Dimensional Fund Advisors's Q3 2019 Portfolio in Review
As of Q3 2019, Dimensional Fund Advisors held 3,512 positions worth $257B, down 0.08% from $258B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 49 new positions and exited 94, leaving the 3,512-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 Q3 2019 buy was Valaris plc Class A Ordinary Share: 11,974,457 shares worth $57.6M.
- Dimensional Fund Advisors added most to TCF Financial Corporation Common Stock in Q3 2019, an estimated $182M increase.
- Dimensional Fund Advisors's biggest Q3 2019 reduction was Walmart Inc, cutting an estimated $144M.
- Dimensional Fund Advisors fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $228M.
- Dimensional Fund Advisors's ten largest holdings make up 10% of its $257B portfolio in Q3 2019.
- Dimensional Fund Advisors opened 49 new positions and closed 94 in Q3 2019.
- Dimensional Fund Advisors's portfolio value fell 0.08% quarter-over-quarter to $257B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2019, filed 12 Nov 2019.