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 | |
|---|---|---|---|---|---|---|
|
FARM
2226
DELISTED
Farmer Brothers
FARM
| $13.6M | ﹤0.01% |
901,427
-60,038
| -6% | -$876K |
|
2227
KVH Industries
KVHI
$131M
| $13.6M | ﹤0.01% |
1,217,419
-10,414
| -0.8% | -$111K |
|
2228
Natural Gas Services Group
NGS
$466M
| $13.5M | ﹤0.01% |
1,102,945
-9,491
| -0.9% | -$112K |
|
|
PETQ
2229
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $13.5M | ﹤0.01% |
538,620
+4,252
| +0.8% | +$106K |
|
2230
Farmers National Banc Corp
FMNB
$932M
| $13.4M | ﹤0.01% |
821,088
+17,250
| +2% | +$263K |
|
|
ZEN
2231
DELISTED
ZENDESK INC
ZEN
| $13.4M | ﹤0.01% |
174,435
+1,811
| +1% | +$133K |
|
|
AE
2232
DELISTED
Adams Resources & Energy Inc
AE
| $13.4M | ﹤0.01% |
350,842
-3,300
| -0.9% | -$107K |
|
2233
Geospace Technologies
GEOS
$66.4M
| $13.3M | ﹤0.01% |
795,626
+10,576
| +1% | +$161K |
|
2234
Northern Oil and Gas
NOG
$2.67B
| $13.3M | ﹤0.01% |
570,098
-127,453
| -18% | -$2.52M |
|
2235
Entravision Communication
EVC
$736M
| $13.3M | ﹤0.01% |
5,081,586
-42,440
| -0.8% | -$116K |
|
|
FFNW
2236
DELISTED
First Financial Northwest, Inc
FFNW
| $13.3M | ﹤0.01% |
888,643
-7,966
| -0.9% | -$115K |
|
|
SRGA
2237
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $13.2M | ﹤0.01% |
160,846
-3,919
| -2% | -$275K |
|
2238
Hingham Institution for Saving
HIFS
$678M
| $13.2M | ﹤0.01% |
62,706
-767
| -1% | -$148K |
|
2239
3D Systems Corp
DDD
$590M
| $13.2M | ﹤0.01% |
1,505,810
+43,859
| +3% | +$381K |
|
2240
Reading International Class A
RDI
$46.9M
| $13.1M | ﹤0.01% |
1,174,138
+5,468
| +0.5% | +$61K |
|
2241
Crawford & Co Class A
CRD.A
$607M
| $13.1M | ﹤0.01% |
1,144,075
+11,192
| +1% | +$122K |
|
2242
Provident Financial
PROV
$116M
| $13.1M | ﹤0.01% |
599,078
-26,419
| -4% | -$561K |
|
2243
First Internet Bancorp
INBK
$244M
| $13.1M | ﹤0.01% |
552,347
+18,045
| +3% | +$410K |
|
|
ALX
2244
Alexander's
ALX
$1.28B
| $13.1M | ﹤0.01% |
39,621
-759
| -2% | -$253K |
|
|
NXRT
2245
NexPoint Residential Trust
NXRT
$549M
| $13.1M | ﹤0.01% |
290,756
+24,116
| +9% | +$1.14M |
|
2246
Goldgroup Mining
GORO
$486M
| $13.1M | ﹤0.01% |
589,099
+15,162
| +3% | +$265K |
|
|
CWEN.A
2247
DELISTED
Clearway Energy Class A
CWEN.A
| $13M | ﹤0.01% |
681,625
-6,634
| -1% | -$122K |
|
2248
NovoCure
NVCR
$1.95B
| $13M | ﹤0.01% |
154,638
+15,198
| +11% | +$1.23M |
|
2249
Roku
ROKU
$23B
| $12.9M | ﹤0.01% |
96,692
-1,493
| -2% | -$205K |
|
2250
Penumbra
PEN
$12.6B
| $12.9M | ﹤0.01% |
78,527
-1,637
| -2% | -$260K |
|
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.