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 | |
|---|---|---|---|---|---|---|
2301
Culp Inc
CULP
$46.6M
| $11.4M | ﹤0.01% |
833,571
-433
| -0.1% | -$6.65K |
|
|
NOAH
2302
Noah Holdings
NOAH
$562M
| $11.3M | ﹤0.01% |
319,576
| – | – |
|
|
KIN
2303
DELISTED
Kindred Biosciences, Inc.
KIN
| $11.3M | ﹤0.01% |
1,331,844
-5,682
| -0.4% | -$44.3K |
|
2304
FirstService
FSV
$5.82B
| $11.2M | ﹤0.01% |
120,753
-3,228
| -3% | -$304K |
|
2305
Anterix
ATEX
$1.53B
| $11.2M | ﹤0.01% |
259,774
+12,392
| +5% | +$505K |
|
|
TBRG
2306
DELISTED
TruBridge
TBRG
| $11.2M | ﹤0.01% |
424,260
+25,225
| +6% | +$629K |
|
|
CHA
2307
DELISTED
China Telecom Corporation, LTD
CHA
| $11.2M | ﹤0.01% |
271,244
+41,847
| +18% | +$1.75M |
|
|
CNCE
2308
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $11.2M | ﹤0.01% |
1,209,001
+17,893
| +2% | +$127K |
|
|
AMAG
2309
DELISTED
AMAG Pharmaceuticals
AMAG
| $11.2M | ﹤0.01% |
916,283
-178,409
| -16% | -$1.95M |
|
|
I
2310
DELISTED
INTELSAT S. A.
I
| $11.1M | ﹤0.01% |
1,580,756
-42,451
| -3% | -$667K |
|
|
HABT
2311
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $11.1M | ﹤0.01% |
1,063,183
+27,647
| +3% | +$275K |
|
2312
Tower Semiconductor
TSEM
$24.2B
| $11M | ﹤0.01% |
458,433
+7,478
| +2% | +$168K |
|
2313
Gates Industrial Corp
GTES
$6.47B
| $11M | ﹤0.01% |
801,217
+137,188
| +21% | +$1.56M |
|
2314
Telefônica Brasil
VIV
$19.1B
| $11M | ﹤0.01% |
768,023
-49,979
| -6% | -$668K |
|
2315
Shopify
SHOP
$165B
| $11M | ﹤0.01% |
276,700
-3,660
| -1% | -$124K |
|
|
USAP
2316
DELISTED
Universal Stainless & Alloy
USAP
| $11M | ﹤0.01% |
737,929
-293
| -0% | -$4.18K |
|
|
LTS
2317
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $11M | ﹤0.01% |
3,151,889
-245,426
| -7% | -$712K |
|
|
EGLE
2318
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $11M | ﹤0.01% |
340,638
+29,691
| +10% | +$914K |
|
|
MBT
2319
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $10.9M | ﹤0.01% |
1,075,254
+175,031
| +19% | +$1.6M |
|
|
NEWR
2320
DELISTED
New Relic, Inc.
NEWR
| $10.9M | ﹤0.01% |
165,937
+33,265
| +25% | +$2.16M |
|
|
SFE
2321
DELISTED
Safeguard Scientifics, Inc.
SFE
| $10.9M | ﹤0.01% |
988,257
-14,053
| -1% | -$161K |
|
2322
ASE Group
ASX
$105B
| $10.8M | ﹤0.01% |
1,949,359
+9,984
| +0.5% | +$51.2K |
|
2323
First Business Financial Services
FBIZ
$600M
| $10.8M | ﹤0.01% |
410,027
+7,676
| +2% | +$190K |
|
2324
Independent Bank Corp
IBCP
$812M
| $10.8M | ﹤0.01% |
476,420
-899
| -0.2% | -$19.9K |
|
|
BFS
2325
Saul Centers
BFS
$752M
| $10.8M | ﹤0.01% |
204,401
+755
| +0.4% | +$39.9K |
|
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.