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 | |
|---|---|---|---|---|---|---|
|
LTHM
2151
DELISTED
Livent Corporation
LTHM
| $16.1M | 0.01% |
1,880,185
+469,290
| +33% | +$3.59M |
|
|
SJR
2152
DELISTED
Shaw Communications Inc.
SJR
| $16.1M | 0.01% |
792,166
+1,008
| +0.1% | +$20.3K |
|
2153
Rayonier Advanced Materials
RYAM
$567M
| $16M | 0.01% |
4,176,796
+18,119
| +0.4% | +$74K |
|
2154
Agios Pharmaceuticals
AGIO
$2.01B
| $16M | 0.01% |
335,675
+78,655
| +31% | +$2.97M |
|
2155
Lindblad Expeditions
LIND
$1.82B
| $16M | 0.01% |
979,060
-10,803
| -1% | -$173K |
|
2156
ADT
ADT
$5.11B
| $16M | 0.01% |
2,017,115
+374,993
| +23% | +$2.96M |
|
2157
Logitech
LOGI
$14.7B
| $15.9M | 0.01% |
338,070
-4,844
| -1% | -$207K |
|
|
XYZ
2158
Block Inc
XYZ
$45.9B
| $15.9M | 0.01% |
254,479
+538
| +0.2% | +$34.4K |
|
|
CNR
2159
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $15.9M | 0.01% |
1,868,407
-318,249
| -15% | -$2.24M |
|
|
ENDP
2160
DELISTED
Endo International plc
ENDP
| $15.8M | 0.01% |
3,369,777
+151,404
| +5% | +$675K |
|
2161
Ultragenyx Pharmaceutical
RARE
$1.43B
| $15.8M | 0.01% |
369,869
+53,901
| +17% | +$2.22M |
|
2162
Boyd Gaming
BYD
$5.39B
| $15.7M | 0.01% |
524,612
-4,150
| -0.8% | -$117K |
|
|
PTVCB
2163
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $15.7M | 0.01% |
975,913
-19,427
| -2% | -$316K |
|
|
STRS
2164
DELISTED
STRATUS PPTYS INC
STRS
| $15.7M | 0.01% |
506,666
-15,058
| -3% | -$432K |
|
2165
RingCentral
RNG
$6.24B
| $15.7M | 0.01% |
93,055
-11,060
| -11% | -$1.82M |
|
2166
Okta
OKTA
$33.2B
| $15.7M | 0.01% |
136,000
-7,795
| -5% | -$897K |
|
2167
Oppenheimer Holdings
OPY
$1.22B
| $15.7M | 0.01% |
569,631
-7,589
| -1% | -$212K |
|
|
AMNB
2168
DELISTED
American National Bankshares Inc
AMNB
| $15.7M | 0.01% |
395,506
+11,702
| +3% | +$436K |
|
2169
Upland Software
UPLD
$11.3M
| $15.6M | 0.01% |
43,699
-2,372
| -5% | -$886K |
|
2170
Arlo Technologies
ARLO
$1.44B
| $15.6M | 0.01% |
3,700,784
-267,046
| -7% | -$918K |
|
2171
Rafael Holdings
RFL
$107M
| $15.5M | 0.01% |
846,479
-19,097
| -2% | -$348K |
|
2172
Red Rock Resorts
RRR
$3.12B
| $15.4M | 0.01% |
644,445
-777
| -0.1% | -$17.3K |
|
|
EEX
2173
DELISTED
Emerald Holding
EEX
| $15.4M | 0.01% |
1,455,415
+95,499
| +7% | +$949K |
|
|
TPIC
2174
DELISTED
TPI Composites
TPIC
| $15.3M | 0.01% |
828,385
-2,388
| -0.3% | -$43.8K |
|
|
SEI
2175
Solaris Energy Infrastructure
SEI
$4.56B
| $15.3M | 0.01% |
1,091,509
+78,061
| +8% | +$938K |
|
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.