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 |
Concentrix
CNXC
|
+$196M |
| 2 |
Tesla
TSLA
|
+$162M |
| 3 |
PROG Holdings
PRG
|
+$150M |
| 4 |
Morgan Stanley
MS
|
+$120M |
| 5 |
Unilever
UL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$284M |
| 2 |
Comcast
CMCSA
|
+$222M |
| 3 |
ExxonMobil
XOM
|
+$166M |
| 4 |
AAN.A
The Aaron's Company Inc Class A
AAN.A
|
+$165M |
| 5 |
TD Synnex
SNX
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.83% |
| 2 | Technology | 16.31% |
| 3 | Industrials | 13.47% |
| 4 | Consumer Discretionary | 12.13% |
| 5 | Healthcare | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Axogen
AXGN
$2.28B
| $5.82M | ﹤0.01% |
324,919
+36,692
| +13% | +$539K |
|
2477
AstroNova
ALOT
$224M
| $5.81M | ﹤0.01% |
545,807
+261
| +0% | +$2.41K |
|
|
PRGX
2478
DELISTED
PRGX Global, Inc.
PRGX
| $5.8M | ﹤0.01% |
760,636
-23,331
| -3% | -$142K |
|
2479
Natural Alternatives International
NAII
$14.9M
| $5.77M | ﹤0.01% |
553,688
-1,543
| -0.3% | -$14.1K |
|
2480
Aspen Aerogels
ASPN
$345M
| $5.77M | ﹤0.01% |
345,550
+13,834
| +4% | +$182K |
|
|
HMNF
2481
DELISTED
HMN Financial Inc
HMNF
| $5.74M | ﹤0.01% |
333,829
+13
| +0% | +$199 |
|
|
BRY
2482
DELISTED
Berry Corp
BRY
| $5.72M | ﹤0.01% |
1,554,586
-78,333
| -5% | -$271K |
|
2483
Acacia Research
ACTG
$444M
| $5.72M | ﹤0.01% |
1,451,558
-71,978
| -5% | -$258K |
|
|
FNHC
2484
DELISTED
FedNat Holding Company Common Stock
FNHC
| $5.72M | ﹤0.01% |
966,127
-99,903
| -9% | -$570K |
|
2485
Quaker Houghton
KWR
$2.56B
| $5.72M | ﹤0.01% |
22,564
+8,117
| +56% | +$1.83M |
|
2486
Codexis
CDXS
$159M
| $5.7M | ﹤0.01% |
261,212
+58,679
| +29% | +$966K |
|
2487
First Northwest Bancorp
FNWB
$115M
| $5.7M | ﹤0.01% |
365,256
+3,246
| +0.9% | +$44K |
|
|
ALSK
2488
DELISTED
Alaska Communications Systems
ALSK
| $5.66M | ﹤0.01% |
1,535,162
+10,038
| +0.7% | +$28.6K |
|
2489
Universal Technical Institute
UTI
$2.2B
| $5.64M | ﹤0.01% |
873,059
-17,759
| -2% | -$102K |
|
2490
Crawford & Co Class B
CRD.B
$499M
| $5.63M | ﹤0.01% |
782,633
-9,217
| -1% | -$66.7K |
|
2491
Appian
APPN
$2.09B
| $5.63M | ﹤0.01% |
34,716
+8,181
| +31% | +$916K |
|
|
VLRS
2492
Controladora Vuela Compania de Aviacion
VLRS
$892M
| $5.58M | ﹤0.01% |
449,271
| – | – |
|
|
SPPI
2493
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $5.58M | ﹤0.01% |
1,634,231
-278,410
| -15% | -$1.15M |
|
|
TBCH
2494
Turtle Beach Corp
TBCH
$252M
| $5.5M | ﹤0.01% |
255,114
+58,314
| +30% | +$1.16M |
|
|
JAX
2495
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $5.49M | ﹤0.01% |
752,410
+8,520
| +1% | +$54.3K |
|
|
SYRS
2496
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $5.48M | ﹤0.01% |
50,508
-5,772
| -10% | -$527K |
|
|
SMMF
2497
DELISTED
Summit Financial Group, Inc.
SMMF
| $5.48M | ﹤0.01% |
248,185
+1,620
| +0.7% | +$31.9K |
|
2498
Franco-Nevada
FNV
$40.3B
| $5.43M | ﹤0.01% |
43,304
-4,344
| -9% | -$586K |
|
2499
American Superconductor
AMSC
$1.33B
| $5.4M | ﹤0.01% |
230,728
+30,465
| +15% | +$540K |
|
|
AIFU
2500
AIFU Inc
AIFU
$199M
| $5.4M | ﹤0.01% |
1,121
+22
| +2% | +$129K |
|
Similar funds
Dimensional Fund Advisors's Q4 2020 Portfolio in Review
As of Q4 2020, Dimensional Fund Advisors held 3,414 positions worth $277B, up 17% from $236B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 81 new positions and exited 72, leaving the 3,414-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2020 buy was Concentrix: 1,965,264 shares worth $194M.
- Dimensional Fund Advisors added most to Tesla in Q4 2020, an estimated $162M increase.
- Dimensional Fund Advisors's biggest Q4 2020 reduction was Apple, cutting an estimated $284M.
- Dimensional Fund Advisors fully exited The Aaron's Company Inc Class A in Q4 2020, selling an estimated $165M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $277B portfolio in Q4 2020.
- Dimensional Fund Advisors opened 81 new positions and closed 72 in Q4 2020.
- Dimensional Fund Advisors's portfolio value rose 17% quarter-over-quarter to $277B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2020, filed 11 Feb 2021.