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 | |
|---|---|---|---|---|---|---|
2251
Pitney Bowes
PBI
$2.37B
| $12.9M | ﹤0.01% |
3,195,005
-61,460
| -2% | -$282K |
|
|
PRMW
2252
DELISTED
Primo Water Corporation
PRMW
| $12.8M | ﹤0.01% |
1,141,065
-72,803
| -6% | -$807K |
|
2253
AB InBev
BUD
$155B
| $12.8M | ﹤0.01% |
155,594
-340
| -0.2% | -$28.3K |
|
2254
Pembina Pipeline
PBA
$27.8B
| $12.8M | ﹤0.01% |
344,125
+115,970
| +51% | +$4.15M |
|
|
MNDT
2255
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $12.7M | ﹤0.01% |
771,262
+165,679
| +27% | +$2.66M |
|
2256
Saga Communications
SGA
$57.5M
| $12.7M | ﹤0.01% |
419,251
-2,662
| -0.6% | -$80.9K |
|
|
BVH
2257
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $12.7M | ﹤0.01% |
533,847
+17,233
| +3% | +$397K |
|
2258
Banco Santander
SAN
$215B
| $12.7M | ﹤0.01% |
3,205,646
-6,169,814
| -66% | -$24M |
|
|
VWTR
2259
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $12.7M | ﹤0.01% |
1,141,814
-10,409
| -0.9% | -$111K |
|
2260
Atlassian
TEAM
$48.7B
| $12.7M | ﹤0.01% |
105,479
-156
| -0.1% | -$19K |
|
|
PFPT
2261
DELISTED
Proofpoint, Inc.
PFPT
| $12.7M | ﹤0.01% |
110,432
+4,413
| +4% | +$526K |
|
2262
Acadia Pharmaceuticals
ACAD
$4.73B
| $12.7M | ﹤0.01% |
296,224
+172,921
| +140% | +$7.52M |
|
|
BRY
2263
DELISTED
Berry Corp
BRY
| $12.6M | ﹤0.01% |
1,337,155
+438,459
| +49% | +$4.1M |
|
2264
Collegium Pharmaceutical
COLL
$724M
| $12.6M | ﹤0.01% |
612,528
+29,037
| +5% | +$484K |
|
2265
Braskem
BAK
$705M
| $12.5M | ﹤0.01% |
+845,100
| New | +$11.8M |
|
2266
Eastern Company
EML
$148M
| $12.5M | ﹤0.01% |
409,732
-1,984
| -0.5% | -$55.6K |
|
|
GHL
2267
DELISTED
Greenhill & Co., Inc.
GHL
| $12.5M | ﹤0.01% |
729,555
-174,679
| -19% | -$2.84M |
|
2268
Flexsteel Industries
FLXS
$334M
| $12.4M | ﹤0.01% |
624,991
-38,853
| -6% | -$678K |
|
|
VNE
2269
DELISTED
Veoneer, Inc.
VNE
| $12.4M | ﹤0.01% |
793,367
-10,725
| -1% | -$173K |
|
2270
First Mid Bancshares
FMBH
$1.34B
| $12.4M | ﹤0.01% |
351,484
+27,979
| +9% | +$977K |
|
2271
Foster
FSTR
$398M
| $12.4M | ﹤0.01% |
638,996
-9,493
| -1% | -$185K |
|
2272
Southern First Bancshares
SFST
$591M
| $12.4M | ﹤0.01% |
291,082
-1,854
| -0.6% | -$77.2K |
|
2273
Lands' End
LE
$302M
| $12.4M | ﹤0.01% |
735,527
+122,358
| +20% | +$1.6M |
|
|
HNGR
2274
DELISTED
Hanger Inc.
HNGR
| $12.3M | ﹤0.01% |
446,687
+14,172
| +3% | +$336K |
|
2275
Ribbon Communications
RBBN
$299M
| $12.3M | ﹤0.01% |
3,974,557
-20,813
| -0.5% | -$82.8K |
|
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.