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 | |
|---|---|---|---|---|---|---|
2401
Crawford & Co Class B
CRD.B
$491M
| $5.07M | ﹤0.01% |
792,727
+1,710
| +0.2% | +$13.5K |
|
2402
CAE Inc. Common Shares
CAE
$8.3B
| $5.06M | ﹤0.01% |
400,985
+41,433
| +12% | +$1.05M |
|
2403
Forestar Group
FOR
$1.44B
| $4.95M | ﹤0.01% |
478,240
+99,475
| +26% | +$1.82M |
|
|
VTLE
2404
DELISTED
Vital Energy
VTLE
| $4.94M | ﹤0.01% |
650,002
-48,483
| -7% | -$1.41M |
|
2405
Natural Gas Services Group
NGS
$472M
| $4.94M | ﹤0.01% |
1,106,591
+3,646
| +0.3% | +$34.2K |
|
2406
PG&E
PCG
$38.3B
| $4.93M | ﹤0.01% |
547,725
-14,764
| -3% | -$196K |
|
|
BOCH
2407
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $4.92M | ﹤0.01% |
625,427
+27,447
| +5% | +$278K |
|
2408
Sabesp
SBS
$19.1B
| $4.92M | ﹤0.01% |
3,418,016
-793,940
| -19% | -$1.95M |
|
2409
RBB Bancorp
RBB
$448M
| $4.91M | ﹤0.01% |
357,915
+47,044
| +15% | +$843K |
|
2410
Compañía de Cervecerías Unidas
CCU
$2.12B
| $4.91M | ﹤0.01% |
367,013
-200,959
| -35% | -$3.36M |
|
2411
Aware
AWRE
$26M
| $4.91M | ﹤0.01% |
1,721,497
-421
| -0% | -$1.32K |
|
|
VOXX
2412
DELISTED
VOXX International Corporation Class A
VOXX
| $4.91M | ﹤0.01% |
1,721,282
-22,290
| -1% | -$82.3K |
|
|
SMMF
2413
DELISTED
Summit Financial Group, Inc.
SMMF
| $4.9M | ﹤0.01% |
230,986
+11,525
| +5% | +$267K |
|
|
MTEM
2414
DELISTED
Molecular Templates, Inc.
MTEM
| $4.88M | ﹤0.01% |
24,486
| – | – |
|
|
IIN
2415
DELISTED
IntriCon Corporation
IIN
| $4.88M | ﹤0.01% |
414,561
-31,705
| -7% | -$498K |
|
2416
MasterCraft Boat Holdings
MCFT
$579M
| $4.88M | ﹤0.01% |
668,118
+13,205
| +2% | +$193K |
|
2417
Tactile Systems Technology
TCMD
$635M
| $4.88M | ﹤0.01% |
121,404
+20,588
| +20% | +$1.1M |
|
2418
Universal Technical Institute
UTI
$2.16B
| $4.86M | ﹤0.01% |
817,488
+37,199
| +5% | +$263K |
|
2419
Neurogene
NGNE
$656M
| $4.85M | ﹤0.01% |
21,325
-665
| -3% | -$137K |
|
|
PBPB
2420
DELISTED
Potbelly
PBPB
| $4.83M | ﹤0.01% |
1,562,596
+45,307
| +3% | +$188K |
|
2421
Aegon
AEG
$14B
| $4.82M | ﹤0.01% |
2,098,743
+358,158
| +21% | +$1.19M |
|
2422
Monarch Casino & Resort
MCRI
$2.2B
| $4.82M | ﹤0.01% |
171,698
| – | – |
|
|
PCSB
2423
DELISTED
PCSB Financial Corporation
PCSB
| $4.82M | ﹤0.01% |
344,399
+40,048
| +13% | +$721K |
|
2424
Twin Disc
TWIN
$329M
| $4.77M | ﹤0.01% |
683,956
-1,675
| -0.2% | -$15.7K |
|
2425
Harvard Bioscience
HBIO
$27.5M
| $4.77M | ﹤0.01% |
215,797
+2,517
| +1% | +$68.2K |
|
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.