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 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$221M |
| 2 |
WillScot Mobile Mini Holdings
WSC
|
+$137M |
| 3 |
First Horizon
FHN
|
+$120M |
| 4 |
Alibaba
BABA
|
+$116M |
| 5 |
Brookfield Renewable
BEPC
|
+$85.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$732M |
| 2 |
TECD
Tech Data Corp
TECD
|
+$350M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$242M |
| 4 |
Pfizer
PFE
|
+$211M |
| 5 |
LM
Legg Mason, Inc.
LM
|
+$177M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 15.39% |
| 3 | Industrials | 13.31% |
| 4 | Consumer Discretionary | 12.36% |
| 5 | Healthcare | 11.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Intrepid Potash
IPI
$456M
| $4.52M | ﹤0.01% |
535,718
-80,105
| -13% | -$761K |
|
2477
Verra Mobility
VRRM
$804M
| $4.5M | ﹤0.01% |
466,203
+109,598
| +31% | +$1.15M |
|
|
STEL
2478
DELISTED
Stellar Bancorp
STEL
| $4.49M | ﹤0.01% |
275,036
+9,527
| +4% | +$159K |
|
|
AFI
2479
DELISTED
Armstrong Flooring, Inc.
AFI
| $4.49M | ﹤0.01% |
1,299,898
-179,669
| -12% | -$627K |
|
2480
Aware
AWRE
$26M
| $4.48M | ﹤0.01% |
1,657,929
-26,482
| -2% | -$77.2K |
|
2481
KT
KT
$8.62B
| $4.47M | ﹤0.01% |
465,517
| – | – |
|
|
HMNF
2482
DELISTED
HMN Financial Inc
HMNF
| $4.43M | ﹤0.01% |
333,816
| – | – |
|
2483
Akebia Therapeutics
AKBA
$354M
| $4.41M | ﹤0.01% |
1,757,736
-141,985
| -7% | -$1.25M |
|
|
MFNC
2484
DELISTED
Mackinac Financial Corporation
MFNC
| $4.41M | ﹤0.01% |
456,958
-265
| -0.1% | -$2.55K |
|
|
USX
2485
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $4.39M | ﹤0.01% |
531,283
+39,140
| +8% | +$334K |
|
2486
AstroNova
ALOT
$225M
| $4.38M | ﹤0.01% |
545,546
-12,731
| -2% | -$92.6K |
|
2487
Consolidated Water Co
CWCO
$467M
| $4.36M | ﹤0.01% |
418,466
-2,256
| -0.5% | -$27.4K |
|
|
PFSW
2488
DELISTED
PFSweb, Inc.
PFSW
| $4.35M | ﹤0.01% |
649,741
-2,070
| -0.3% | -$15.4K |
|
|
CHS
2489
DELISTED
Chicos FAS, Inc.
CHS
| $4.33M | ﹤0.01% |
4,452,501
-2,149,149
| -33% | -$2.8M |
|
|
LTRPA
2490
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $4.33M | ﹤0.01% |
2,501,307
-426,993
| -15% | -$1.03M |
|
|
LBC
2491
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $4.32M | ﹤0.01% |
517,768
+17,338
| +3% | +$162K |
|
|
SFE
2492
DELISTED
Safeguard Scientifics, Inc.
SFE
| $4.32M | ﹤0.01% |
788,764
-71,724
| -8% | -$428K |
|
2493
Merchants Bancorp
MBIN
$2.53B
| $4.32M | ﹤0.01% |
328,572
-5,450
| -2% | -$69K |
|
|
GNTY
2494
DELISTED
Guaranty Bancshares
GNTY
| $4.28M | ﹤0.01% |
189,206
+2,855
| +2% | +$67.3K |
|
2495
IAMGOLD
IAG
$8.2B
| $4.26M | ﹤0.01% |
1,112,591
+80,023
| +8% | +$347K |
|
2496
Kosmos Energy
KOS
$1.6B
| $4.26M | ﹤0.01% |
4,365,521
-2,138,676
| -33% | -$3.14M |
|
2497
Telefônica Brasil
VIV
$20.6B
| $4.25M | ﹤0.01% |
554,261
-139,676
| -20% | -$1.27M |
|
|
TVTY
2498
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $4.25M | ﹤0.01% |
302,922
-47,898
| -14% | -$691K |
|
2499
CareDx
CDNA
$2.26B
| $4.24M | ﹤0.01% |
111,629
| – | – |
|
2500
Compañía de Minas Buenaventura
BVN
$7.69B
| $4.23M | ﹤0.01% |
346,224
| – | – |
|
Similar funds
Dimensional Fund Advisors's Q3 2020 Portfolio in Review
As of Q3 2020, Dimensional Fund Advisors held 3,412 positions worth $236B, up 3.6% from $228B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 74 new positions and exited 81, leaving the 3,412-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q3 2020 buy was WillScot Mobile Mini Holdings: 8,572,662 shares worth $143M.
- Dimensional Fund Advisors added most to Royal Dutch Shell PLC ADS Class B in Q3 2020, an estimated $221M increase.
- Dimensional Fund Advisors's biggest Q3 2020 reduction was Apple, cutting an estimated $732M.
- Dimensional Fund Advisors fully exited Tech Data Corp in Q3 2020, selling an estimated $350M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $236B portfolio in Q3 2020.
- Dimensional Fund Advisors opened 74 new positions and closed 81 in Q3 2020.
- Dimensional Fund Advisors's portfolio value rose 3.6% quarter-over-quarter to $236B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2020, filed 12 Nov 2020.