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 | |
|---|---|---|---|---|---|---|
2201
Ardelyx
ARDX
$873M
| $14.3M | 0.01% |
1,899,248
+4,232
| +0.2% | +$25.7K |
|
|
ERF
2202
DELISTED
Enerplus Corporation
ERF
| $14.2M | 0.01% |
1,996,211
+284,084
| +17% | +$1.85M |
|
2203
Teekay Tankers
TNK
$3.5B
| $14.2M | 0.01% |
592,529
+146,574
| +33% | +$2.67M |
|
2204
MacroGenics
MGNX
$263M
| $14.2M | 0.01% |
1,304,737
+10,577
| +0.8% | +$105K |
|
2205
Open Text
OTEX
$5.69B
| $14.2M | 0.01% |
321,873
+17,877
| +6% | +$752K |
|
|
AGR
2206
DELISTED
Avangrid, Inc.
AGR
| $14.1M | 0.01% |
274,820
+6,225
| +2% | +$310K |
|
2207
Vitamin Cottage Natural Grocers
NGVC
$676M
| $14.1M | 0.01% |
1,424,051
+26,083
| +2% | +$240K |
|
|
GTHX
2208
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $14M | 0.01% |
531,414
+147,240
| +38% | +$3.44M |
|
2209
First Bancorp
FNLC
$396M
| $14M | 0.01% |
464,190
-1,322
| -0.3% | -$37.6K |
|
|
GLUU
2210
DELISTED
Glu Mobile Inc.
GLUU
| $14M | 0.01% |
2,312,095
-72,235
| -3% | -$413K |
|
|
CSR
2211
Centerspace
CSR
$955M
| $14M | 0.01% |
192,927
-3,094
| -2% | -$231K |
|
|
INFO
2212
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $14M | 0.01% |
185,610
-4,329
| -2% | -$308K |
|
2213
Brown-Forman Class A
BF.A
$12.3B
| $13.9M | 0.01% |
221,597
-574
| -0.3% | -$35.2K |
|
2214
Inspire Medical Systems
INSP
$2.1B
| $13.9M | 0.01% |
187,059
-39,489
| -17% | -$2.54M |
|
2215
Weyerhaeuser
WY
$15.6B
| $13.8M | 0.01% |
458,040
+7
| +0% | +$203 |
|
|
GOL
2216
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $13.8M | 0.01% |
765,134
-26,279
| -3% | -$447K |
|
2217
Ares Management
ARES
$28.5B
| $13.8M | 0.01% |
386,561
+27,025
| +8% | +$840K |
|
2218
e.l.f. Beauty
ELF
$5.51B
| $13.8M | 0.01% |
852,663
+45,038
| +6% | +$749K |
|
2219
Phibro Animal Health
PAHC
$1.4B
| $13.7M | 0.01% |
553,144
-15,715
| -3% | -$365K |
|
|
COUP
2220
DELISTED
Coupa Software Incorporated
COUP
| $13.7M | 0.01% |
93,874
-12,795
| -12% | -$1.83M |
|
|
TTM
2221
DELISTED
Tata Motors Limited
TTM
| $13.7M | 0.01% |
1,062,956
-112,114
| -10% | -$1.23M |
|
2222
TETRA Technologies
TTI
$911M
| $13.7M | 0.01% |
6,977,766
-141,698
| -2% | -$228K |
|
|
CLDT
2223
Chatham Lodging
CLDT
$596M
| $13.6M | 0.01% |
743,242
+10,631
| +1% | +$192K |
|
2224
Genco Shipping & Trading
GNK
$1.22B
| $13.6M | 0.01% |
1,281,949
+128,972
| +11% | +$1.33M |
|
2225
Universal Logistics Holdings
ULH
$476M
| $13.6M | ﹤0.01% |
716,361
+11,407
| +2% | +$238K |
|
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.