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 |
Alibaba
BABA
|
+$179M |
| 2 |
Prologis
PLD
|
+$125M |
| 3 |
Visa
V
|
+$98.1M |
| 4 |
Walt Disney
DIS
|
+$85.8M |
| 5 |
Halliburton
HAL
|
+$69.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Intel
INTC
|
+$322M |
| 2 |
AT&T
T
|
+$257M |
| 3 |
ExxonMobil
XOM
|
+$239M |
| 4 |
JPMorgan Chase
JPM
|
+$239M |
| 5 |
AYR
Aircastle Ltd
AYR
|
+$206M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 15.83% |
| 3 | Industrials | 12.66% |
| 4 | Healthcare | 11.95% |
| 5 | Consumer Discretionary | 9.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Talos Energy
TALO
$2.49B
| $11M | 0.01% |
1,908,761
+183,352
| +11% | +$3.26M |
|
2077
VSE Corp
VSEC
$5.45B
| $11M | 0.01% |
669,628
+14,372
| +2% | +$409K |
|
|
MNDT
2078
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $11M | 0.01% |
1,035,824
+264,562
| +34% | +$3.8M |
|
2079
Magnite
MGNI
$2.77B
| $10.9M | 0.01% |
1,968,542
-601,135
| -23% | -$5.53M |
|
|
INFO
2080
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $10.9M | 0.01% |
181,086
-4,524
| -2% | -$326K |
|
2081
Timberland Bancorp
TSBK
$351M
| $10.8M | 0.01% |
592,573
-1,351
| -0.2% | -$33.7K |
|
2082
Nabors Industries
NBR
$1.26B
| $10.8M | 0.01% |
553,800
+3,325
| +0.6% | +$304K |
|
2083
Upland Software
UPLD
$13.1M
| $10.8M | 0.01% |
40,192
-3,507
| -8% | -$1.27M |
|
2084
GDS Holdings
GDS
$6.52B
| $10.8M | 0.01% |
185,551
+7,398
| +4% | +$412K |
|
|
MOFG
2085
DELISTED
MidWestOne Financial Group
MOFG
| $10.8M | 0.01% |
513,425
+35,102
| +7% | +$1.03M |
|
|
AVLR
2086
DELISTED
Avalara, Inc.
AVLR
| $10.8M | 0.01% |
144,022
+23,837
| +20% | +$1.94M |
|
2087
Allient
ALNT
$1.52B
| $10.7M | 0.01% |
678,644
+5,294
| +0.8% | +$142K |
|
2088
SM Energy
SM
$7.69B
| $10.7M | 0.01% |
8,756,252
-695,174
| -7% | -$4.92M |
|
2089
AXT Inc
AXTI
$4.02B
| $10.6M | 0.01% |
3,315,007
+6,721
| +0.2% | +$24.8K |
|
2090
Transocean
RIG
$5.85B
| $10.6M | 0.01% |
9,165,901
+427,487
| +5% | +$1.67M |
|
2091
Alico
ALCO
$280M
| $10.6M | 0.01% |
341,243
+12,216
| +4% | +$413K |
|
2092
Pembina Pipeline
PBA
$28.6B
| $10.6M | 0.01% |
562,334
+218,209
| +63% | +$7.17M |
|
2093
Sinclair Inc
SBGI
$987M
| $10.6M | 0.01% |
656,789
-1,465,153
| -69% | -$38.1M |
|
|
CSR
2094
Centerspace
CSR
$926M
| $10.6M | 0.01% |
191,940
-987
| -0.5% | -$70.7K |
|
2095
Alkermes
ALKS
$8.25B
| $10.5M | 0.01% |
729,770
+134,607
| +23% | +$2.4M |
|
2096
Rafael Holdings
RFL
$100M
| $10.5M | 0.01% |
831,430
-15,049
| -2% | -$263K |
|
2097
Caesars Entertainment
CZR
$6.06B
| $10.5M | 0.01% |
728,851
+48,307
| +7% | +$2.26M |
|
2098
ADT
ADT
$5.62B
| $10.4M | 0.01% |
2,418,203
+401,088
| +20% | +$2.43M |
|
2099
Groupon
GRPN
$1.06B
| $10.4M | 0.01% |
531,485
-31,577
| -6% | -$1.24M |
|
|
BLUE
2100
DELISTED
bluebird bio
BLUE
| $10.4M | 0.01% |
17,466
+1,794
| +11% | +$1.75M |
|
Similar funds
Dimensional Fund Advisors's Q1 2020 Portfolio in Review
As of Q1 2020, Dimensional Fund Advisors held 3,447 positions worth $192B, down 30% from $274B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q1 2020: portfolio turnover was 4.1%. Dimensional Fund Advisors opened 68 new positions and exited 73, leaving the 3,447-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 19% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q1 2020 buy was Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares): 2,843,834 shares worth $28M.
- Dimensional Fund Advisors added most to Alibaba in Q1 2020, an estimated $179M increase.
- Dimensional Fund Advisors's biggest Q1 2020 reduction was Intel, cutting an estimated $322M.
- Dimensional Fund Advisors fully exited Aircastle Ltd in Q1 2020, selling an estimated $206M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $192B portfolio in Q1 2020.
- Dimensional Fund Advisors opened 68 new positions and closed 73 in Q1 2020.
- Dimensional Fund Advisors's portfolio value fell 30% quarter-over-quarter to $192B.
Based on Dimensional Fund Advisors's 13F filing for Q1 2020, filed 14 May 2020.