13F filer · CIK 354204 ↗
Dimensional Fund Advisors LP
You are looking at Q1 2020. See the latest, Q2 2026 →
Reported value
$191.95B
−30% on the quarter before
Positions
3,374
88 new · 93 sold out
Top 10
11.9%
of the value
Est. gain
−$77.43B
on stocks held all quarter
Est. return
−29.3%
on those stocks since Q4 2019
Positions as of Mar 31, 2020, from Dimensional Fund Advisors LP's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 19% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2019. Striped tiles are options.
Largest buys
Since Q4 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Trane Technologies Plc~$174.1MNew · 0.0% → 0.1%+2,108,048 shares
- Alibaba~$167.1MAdded · 0.2% → 0.4%+859,909 shares
- Prologis~$114.6MAdded · 0.3% → 0.5%+1,425,714 shares
- Visa Inc.~$83.9MAdded · 0.4% → 0.5%+520,605 shares
- Ingersoll Rand Inc~$79.9MNew · 0.0% → 0.0%+3,222,238 shares
- Walt Disney Company (The)~$65.6MAdded · 0.4% → 0.5%+678,803 shares
- Centene Corp Del~$63.3MAdded · 0.1% → 0.1%+1,065,306 shares
- China Mobile Limited~$56.4MAdded · 0.1% → 0.2%+1,497,641 shares
- Eli Lilly~$51.3MAdded · 0.1% → 0.2%+369,568 shares
- Pepsico Inc~$49.1MAdded · 0.2% → 0.3%+408,863 shares
Largest sells
Since Q4 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Intel~$294.5MCut · 1.1% → 1.3%−5,440,442 shares
- Ingersoll-Rand Plc~$288.3MSold out · 0.1% → 0.0%−2,168,830 shares
- AT&T~$207.2MCut · 1.1% → 1.1%−7,107,038 shares
- Aircastle Ltd~$205.6MSold out · 0.1% → 0.0%−6,423,759 shares
- Jpmorgan Chase & Co~$176.8MCut · 1.2% → 1.0%−1,963,638 shares
- Exxon Mobil Corp~$164.4MCut · 0.8% → 0.5%−4,329,551 shares
- Amazon~$151.1MCut · 1.0% → 1.4%−77,514 shares
- Liberty Ppty Tr~$143.7MSold out · 0.1% → 0.0%−2,393,418 shares
- Avx Corp New~$130.0MSold out · 0.0% → 0.0%−6,353,145 shares
- Wellcare Health Plans Inc~$128.9MSold out · 0.0% → 0.0%−390,290 shares
Holdings
As of Mar 31, 2020. Changes are in shares against Dec 31, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −2.7% · price −13.4% | 2.2% | $4.15B | −$642.6M | ||||||||
| MicrosoftCOM · shares −0.6% · price +0.0% | 1.9% | $3.56B | +$355,835 | ||||||||
| AmazonCOM · shares −5.5% · price +5.5% | 1.4% | $2.60B | +$136.0M | ||||||||
| IntelCOM · shares −11% · price −9.6% | 1.3% | $2.44B | −$257.6M | ||||||||
| AT&TCOM · shares −9.0% · price −25.4% | 1.1% | $2.09B | −$712.8M | ||||||||
| Jpmorgan Chase & CoCOM · shares −8.6% · price −35.4% | 0.98% | $1.89B | −$1.03B | ||||||||
| Comcast Corp NewCLA · shares −2.7% · price −23.5% | 0.87% | $1.67B | −$514.4M | ||||||||
| Pfizer IncCOM · shares +0.2% · price −16.7% | 0.83% | $1.59B | −$318.1M | ||||||||
| Berkshire Hathaway Inc DelCLB · shares −7.6% · price −19.3% | 0.77% | $1.48B | −$352.4M | ||||||||
| American TowerCOM · shares −2.6% · price −5.2% | 0.73% | $1.40B | −$77.6M | ||||||||
| Johnson & JohnsonCOM · shares +3.2% · price −10.1% | 0.69% | $1.33B | −$145.2M | ||||||||
| Verizon Communications IncCOM · shares +3.8% · price −12.5% | 0.61% | $1.17B | −$160.3M | ||||||||
| Bk Of America CorpCOM · shares −1.6% · price −39.7% | 0.60% | $1.16B | −$764.1M | ||||||||
| Chevron Corp NewCOM · shares −9.8% · price −39.9% | 0.59% | $1.13B | −$747.0M | ||||||||
| MetaCLA · shares −0.7% · price −18.7% | 0.57% | $1.10B | −$254.5M | ||||||||
| Exxon Mobil CorpCOM · shares −14% · price −45.6% | 0.53% | $1.02B | −$855.5M | ||||||||
| Wells Fargo Co NewCOM · shares −2.3% · price −46.6% | 0.53% | $1.02B | −$887.6M | ||||||||
| Walmart IncCOM · shares −3.0% · price −4.4% | 0.51% | $980.4M | −$45.0M | ||||||||
| Visa Inc.COM · shares +10% · price −14.2% | 0.48% | $915.1M | −$138.0M | ||||||||
| Crown Castle Intl Corp NewCOM · shares −1.1% · price +1.6% | 0.46% | $879.2M | +$13.7M | ||||||||
| PrologisCOM · shares +15% · price −9.8% | 0.45% | $870.7M | −$82.5M | ||||||||
| Walt Disney Company (The)COM · shares +8.2% · price −33.2% | 0.45% | $868.2M | −$398.7M | ||||||||
| Charter Communications Inc NCLA · shares −3.4% · price −10.0% | 0.44% | $854.0M | −$95.3M | ||||||||
| MastercardCLA · shares +3.6% · price −19.1% | 0.43% | $818.3M | −$186.3M | ||||||||
| EquinixCOM · shares −0.6% · price +7.0% | 0.41% | $789.0M | +$51.7M | ||||||||
| Total · 3,374 positions | 100% | $191.95B | −$77.43B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2019 to Q1 2020: 3,286 stocks held throughout, down $77.43B (−29.3%).
- Amazon+$136.0M+6%
- Digital Realty+$60.1M+16%
- Equinix+$51.7M+7%
- Gilead Sciences Inc+$50.7M+15%
- Sba Communications Corp New+$47.9M+12%
- Chevron Corp New−$747.0M−40%
- Bk Of America Corp−$764.1M−40%
- Exxon Mobil Corp−$855.5M−46%
- Wells Fargo Co New−$887.6M−47%
- Jpmorgan Chase & Co−$1.03B−35%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 6 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 11, 2026 | $551.84B+15% | SEC ↗ |
| Q1 2026 | May 7, 2026 | $481.39B+1% | SEC ↗ |
| Q4 2025 | Feb 12, 2026 | $476.72B+2% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $466.01B+8% | SEC ↗ |
| Q2 2025 | Aug 12, 2025 | $431.92B+7% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $402.31B−3% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $416.38B+1% | SEC ↗ |
| Q3 2024 | Nov 7, 2024 | $412.28B+8% | SEC ↗ |
| Q2 2024 | Aug 9, 2024 | $382.85B+4% | SEC ↗ |
| Q1 2024 | May 10, 2024 | $369.36B+8% | SEC ↗ |
| Q4 2023 | Feb 7, 2024 | $342.47B+12% | SEC ↗ |
| Q3 2023 | Nov 9, 2023 | $304.90B−3% | SEC ↗ |
| Q2 2023 | Aug 9, 2023 | $313.77B+6% | SEC ↗ |
| Q1 2023 | May 12, 2023 | $296.87B−12% | SEC ↗ |
| Q4 2022 | Feb 9, 2023 | $338.47B+30% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $260.47B−7% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $278.78B−14% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $324.62B−2% | SEC ↗ |
| Q4 2021 | Feb 9, 2022 | $330.75B+7% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $310.45B−2% | SEC ↗ |
| Q2 2021 | Aug 12, 2021 | $315.84B+4% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $302.34B+9% | SEC ↗ |
| Q4 2020 | Mar 8, 2021 (amended) | $276.93B+17% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $235.82B+4% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $227.51B+19% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $191.95B−30% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $274.39B+7% | SEC ↗ |
| Q3 2019 | Nov 12, 2019 | $257.34B−0% | SEC ↗ |
| Q2 2019 | Aug 13, 2019 | $257.55B+3% | SEC ↗ |
| Q1 2019 | Aug 12, 2019 (amended) | $251.08B+14% | SEC ↗ |
| Q4 2018 | Feb 26, 2019 (amended) | $220.75B−16% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $262.71B+5% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $250.84B+5% | SEC ↗ |
| Q1 2018 | May 11, 2018 | $239.94B−1% | SEC ↗ |
| Q4 2017 | Feb 12, 2018 | $241.23B+5% | SEC ↗ |
| Q3 2017 | Nov 13, 2017 | $228.83B+6% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $216.59B+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $209.23B+5% | SEC ↗ |
| Q4 2016 | Feb 9, 2017 | $200.21B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $185.01B+6% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $173.79B+4% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $167.06B | SEC ↗ |