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 | |
|---|---|---|---|---|---|---|
|
LUNA
2501
DELISTED
Luna Innovations Incorporated
LUNA
| $4.22M | ﹤0.01% |
706,511
+12,816
| +2% | +$75.9K |
|
2502
Unity Bancorp
UNTY
$591M
| $4.2M | ﹤0.01% |
362,831
+846
| +0.2% | +$11.1K |
|
|
RAD
2503
DELISTED
Rite Aid Corporation
RAD
| $4.2M | ﹤0.01% |
442,623
+140,531
| +47% | +$2.01M |
|
2504
Natural Alternatives International
NAII
$14.4M
| $4.19M | ﹤0.01% |
555,231
-20,654
| -4% | -$149K |
|
2505
Stantec
STN
$8.04B
| $4.18M | ﹤0.01% |
137,854
-18,496
| -12% | -$586K |
|
2506
Noodles & Co
NDLS
$111M
| $4.17M | ﹤0.01% |
75,851
+1,230
| +2% | +$71K |
|
2507
Grocery Outlet
GO
$909M
| $4.14M | ﹤0.01% |
105,436
+85,139
| +419% | +$3.51M |
|
|
SRT
2508
DELISTED
Startek Inc.
SRT
| $4.14M | ﹤0.01% |
788,581
+12,417
| +2% | +$63.8K |
|
|
SWCH
2509
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $4.11M | ﹤0.01% |
263,360
+28,043
| +12% | +$478K |
|
|
TNAV
2510
DELISTED
Telenav Inc.
TNAV
| $4.07M | ﹤0.01% |
1,131,070
-25,146
| -2% | -$122K |
|
2511
Nomura Holdings
NMR
$28.3B
| $4.06M | ﹤0.01% |
886,872
+3,711
| +0.4% | +$18K |
|
|
ENZ
2512
DELISTED
Enzo Biochem, Inc.
ENZ
| $4.06M | ﹤0.01% |
1,923,366
-39,343
| -2% | -$93.5K |
|
|
MNK
2513
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $4.05M | ﹤0.01% |
4,166,260
-1,549,053
| -27% | -$2.74M |
|
|
GBL
2514
DELISTED
GAMCO Investors, Inc.
GBL
| $4.05M | ﹤0.01% |
350,341
-5,200
| -1% | -$65.3K |
|
2515
Bridgford Foods
BRID
$57.6M
| $4M | ﹤0.01% |
218,555
-3,054
| -1% | -$52.7K |
|
2516
TransAlta
TAC
$3.95B
| $4M | ﹤0.01% |
650,216
-8,000
| -1% | -$50.1K |
|
2517
Altisource Portfolio Solutions
ASPS
$63.6M
| $3.99M | ﹤0.01% |
39,394
-720
| -2% | -$69.8K |
|
2518
Origin Bancorp
OBK
$1.69B
| $3.99M | ﹤0.01% |
186,943
+12,927
| +7% | +$289K |
|
|
BPMC
2519
DELISTED
Blueprint Medicines
BPMC
| $3.97M | ﹤0.01% |
42,833
+39,864
| +1,343% | +$3.07M |
|
|
CVLY
2520
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $3.96M | ﹤0.01% |
302,562
+1,109
| +0.4% | +$14.1K |
|
2521
Q2 Holdings
QTWO
$3.8B
| $3.95M | ﹤0.01% |
43,326
+18,218
| +73% | +$1.7M |
|
2522
Smith & Nephew
SNN
$13.3B
| $3.95M | ﹤0.01% |
101,077
-1,332
| -1% | -$53.6K |
|
|
GOL
2523
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $3.94M | ﹤0.01% |
646,584
| – | – |
|
|
HZN
2524
DELISTED
Horizon Global Corporation
HZN
| $3.92M | ﹤0.01% |
681,463
-45,778
| -6% | -$222K |
|
2525
Value Line
VALU
$321M
| $3.92M | ﹤0.01% |
158,601
-567
| -0.4% | -$14.6K |
|
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.