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 | |
|---|---|---|---|---|---|---|
2176
Provident Financial
PROV
$111M
| $8.85M | ﹤0.01% |
581,239
-17,839
| -3% | -$352K |
|
2177
Red Robin
RRGB
$145M
| $8.83M | ﹤0.01% |
1,036,677
-25,736
| -2% | -$673K |
|
|
VWTR
2178
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $8.82M | ﹤0.01% |
1,133,292
-8,522
| -0.7% | -$82.1K |
|
2179
Citizens
CIA
$239M
| $8.79M | ﹤0.01% |
1,348,312
-15,824
| -1% | -$97.8K |
|
2180
Cenovus Energy
CVE
$55.7B
| $8.78M | ﹤0.01% |
4,346,714
-317,470
| -7% | -$2.23M |
|
2181
Sasol
SSL
$7.5B
| $8.78M | ﹤0.01% |
4,368,898
-40,082
| -0.9% | -$512K |
|
2182
Genco Shipping & Trading
GNK
$1.11B
| $8.77M | ﹤0.01% |
1,365,770
+83,821
| +7% | +$639K |
|
2183
Cactus
WHD
$5.21B
| $8.76M | ﹤0.01% |
755,409
+36,266
| +5% | +$911K |
|
|
RVNC
2184
DELISTED
Revance Therapeutics, Inc.
RVNC
| $8.76M | ﹤0.01% |
591,763
-1,901
| -0.3% | -$39.3K |
|
2185
Banco de Chile
BCH
$20.9B
| $8.72M | ﹤0.01% |
542,373
+856
| +0.2% | +$16.3K |
|
2186
Equinor
EQNR
$97.7B
| $8.5M | ﹤0.01% |
697,664
-146,379
| -17% | -$2.36M |
|
2187
Companhia Siderúrgica Nacional
SID
$1.31B
| $8.48M | ﹤0.01% |
6,469,858
-41,812
| -0.6% | -$110K |
|
2188
Arlo Technologies
ARLO
$1.6B
| $8.47M | ﹤0.01% |
3,486,955
-213,829
| -6% | -$743K |
|
2189
Genie Energy
GNE
$367M
| $8.47M | ﹤0.01% |
1,179,633
+3,805
| +0.3% | +$27.4K |
|
2190
Turning Point Brands
TPB
$1.45B
| $8.46M | ﹤0.01% |
400,545
| – | – |
|
2191
DHI Group
DHX
$182M
| $8.41M | ﹤0.01% |
3,892,553
+83,707
| +2% | +$224K |
|
2192
Nektar Therapeutics
NKTR
$2.39B
| $8.39M | ﹤0.01% |
31,349
+15,805
| +102% | +$4.89M |
|
|
LNW
2193
DELISTED
Light & Wonder
LNW
| $8.39M | ﹤0.01% |
865,337
+5,060
| +0.6% | +$103K |
|
2194
Southern First Bancshares
SFST
$591M
| $8.35M | ﹤0.01% |
294,308
+3,226
| +1% | +$120K |
|
|
OSG
2195
DELISTED
Overseas Shipholding Group Inc.
OSG
| $8.34M | ﹤0.01% |
3,675,727
+121,332
| +3% | +$245K |
|
|
SRGA
2196
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $8.34M | ﹤0.01% |
162,581
+1,735
| +1% | +$181K |
|
|
AIFU
2197
AIFU Inc
AIFU
$206M
| $8.33M | ﹤0.01% |
1,035
+332
| +47% | +$2.97M |
|
|
DO
2198
DELISTED
Diamond Offshore Drilling
DO
| $8.33M | ﹤0.01% |
4,552,266
-387,290
| -8% | -$1.58M |
|
2199
WisdomTree
WT
$2.96B
| $8.29M | ﹤0.01% |
3,556,446
+4,006
| +0.1% | +$15.5K |
|
2200
Radiant Logistics
RLGT
$386M
| $8.27M | ﹤0.01% |
2,136,443
-15,211
| -0.7% | -$70.4K |
|
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.