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 | |
|---|---|---|---|---|---|---|
2076
Independence Realty Trust
IRT
$3.55B
| $18.7M | 0.01% |
1,330,626
+19,896
| +2% | +$290K |
|
2077
Ardmore Shipping
ASC
$776M
| $18.7M | 0.01% |
2,066,143
+43,425
| +2% | +$361K |
|
2078
IES Holdings
IESC
$12.6B
| $18.6M | 0.01% |
1,453,354
-10,336
| -0.7% | -$112K |
|
2079
Ceco Environmental
CECO
$4.15B
| $18.6M | 0.01% |
2,432,371
-21,934
| -0.9% | -$164K |
|
2080
Utah Medical Products
UTMD
$236M
| $18.4M | 0.01% |
170,895
-1,524
| -0.9% | -$154K |
|
2081
Wayfair
W
$14B
| $18.4M | 0.01% |
203,209
-537
| -0.3% | -$50.1K |
|
|
MFSF
2082
DELISTED
MutualFirst Financial Inc
MFSF
| $18.4M | 0.01% |
462,851
-6,492
| -1% | -$239K |
|
|
KYNB
2083
Kyntra Bio
KYNB
$28.7M
| $18.3M | 0.01% |
17,108
+3,974
| +30% | +$4.06M |
|
2084
Ionis Pharmaceuticals
IONS
$7.77B
| $18.3M | 0.01% |
303,529
+22,744
| +8% | +$1.36M |
|
|
SGMO
2085
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $18.3M | 0.01% |
2,184,582
+60,398
| +3% | +$555K |
|
|
DHIL
2086
DELISTED
Diamond Hill
DHIL
| $18.3M | 0.01% |
130,032
-1,206
| -0.9% | -$169K |
|
2087
Rocky Brands
RCKY
$326M
| $18.2M | 0.01% |
620,094
-245
| -0% | -$7.22K |
|
|
EGIO
2088
DELISTED
Edgio, Inc. Common Stock
EGIO
| $18.2M | 0.01% |
111,805
-733
| -0.7% | -$116K |
|
|
TPCO
2089
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $18.2M | 0.01% |
1,386,229
+51,738
| +4% | +$544K |
|
2090
VEON
VEON
$4.74B
| $18.2M | 0.01% |
287,956
+43,447
| +18% | +$2.67M |
|
2091
Wheaton Precious Metals
WPM
$69.1B
| $18.2M | 0.01% |
611,578
-106,706
| -15% | -$2.92M |
|
2092
Daktronics
DAKT
$839M
| $18.2M | 0.01% |
2,985,525
-57,629
| -2% | -$385K |
|
|
TAST
2093
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $18.2M | 0.01% |
2,577,078
+127,780
| +5% | +$934K |
|
2094
Bristow Group
VTOL
$1.23B
| $18.1M | 0.01% |
888,553
-19,750
| -2% | -$391K |
|
2095
Simulations Plus
SLP
$373M
| $18M | 0.01% |
620,802
-2,600
| -0.4% | -$88.1K |
|
|
MCBC
2096
DELISTED
Macatawa Bank Corp
MCBC
| $18M | 0.01% |
1,619,939
+8,489
| +0.5% | +$90.4K |
|
|
FNHC
2097
DELISTED
FedNat Holding Company Common Stock
FNHC
| $18M | 0.01% |
1,082,842
+750
| +0.1% | +$11.2K |
|
2098
Zillow
ZG
$6.89B
| $18M | 0.01% |
392,708
-15,922
| -4% | -$589K |
|
|
BSTC
2099
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $18M | 0.01% |
315,448
+5,086
| +2% | +$270K |
|
|
TBNK
2100
DELISTED
Territorial Bancorp Inc.
TBNK
| $18M | 0.01% |
580,471
-181
| -0% | -$5.47K |
|
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.