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 | |
|---|---|---|---|---|---|---|
2526
Fulgent Genetics
FLGT
$470M
| $3.91M | ﹤0.01% |
97,745
+19,146
| +24% | +$599K |
|
2527
Standard BioTools
LAB
$340M
| $3.91M | ﹤0.01% |
526,088
+90,572
| +21% | +$625K |
|
|
NVTA
2528
DELISTED
Invitae Corporation
NVTA
| $3.89M | ﹤0.01% |
+89,747
| New | +$3.06M |
|
2529
LCNB Corp
LCNB
$282M
| $3.89M | ﹤0.01% |
284,994
+970
| +0.3% | +$13.8K |
|
2530
AmeriServ Financial
ASRV
$77.5M
| $3.89M | ﹤0.01% |
1,383,410
-49,442
| -3% | -$141K |
|
|
USAP
2531
DELISTED
Universal Stainless & Alloy
USAP
| $3.88M | ﹤0.01% |
706,598
-16,662
| -2% | -$119K |
|
|
JAX
2532
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $3.87M | ﹤0.01% |
743,890
-89,571
| -11% | -$391K |
|
2533
Acme United Corp
ACU
$217M
| $3.87M | ﹤0.01% |
167,852
-880
| -0.5% | -$20K |
|
|
OLP
2534
One Liberty Properties
OLP
$530M
| $3.86M | ﹤0.01% |
236,035
+4,698
| +2% | +$83.8K |
|
2535
Applied Optoelectronics
AAOI
$7.57B
| $3.83M | ﹤0.01% |
340,016
| – | – |
|
|
WBK
2536
DELISTED
Westpac Banking Corporation
WBK
| $3.81M | ﹤0.01% |
316,342
-38,488
| -11% | -$478K |
|
2537
Westwood Holdings Group
WHG
$182M
| $3.8M | ﹤0.01% |
341,193
-26,928
| -7% | -$331K |
|
|
ZIXI
2538
DELISTED
Zix Corporation
ZIXI
| $3.8M | ﹤0.01% |
649,984
-14,005
| -2% | -$87.5K |
|
2539
CytomX Therapeutics
CTMX
$675M
| $3.79M | ﹤0.01% |
570,604
| – | – |
|
2540
Compañía de Cervecerías Unidas
CCU
$2.12B
| $3.79M | ﹤0.01% |
292,847
-27,454
| -9% | -$387K |
|
|
OXFD
2541
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $3.77M | ﹤0.01% |
322,642
+3,161
| +1% | +$41.9K |
|
|
WSR
2542
DELISTED
Whitestone REIT
WSR
| $3.77M | ﹤0.01% |
628,935
+40,643
| +7% | +$264K |
|
|
MRTX
2543
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $3.77M | ﹤0.01% |
22,693
+415
| +2% | +$56.8K |
|
2544
Neurogene
NGNE
$656M
| $3.77M | ﹤0.01% |
15,698
-5,030
| -24% | -$1.22M |
|
2545
First United
FUNC
$285M
| $3.75M | ﹤0.01% |
320,518
-9,608
| -3% | -$109K |
|
2546
PTC Therapeutics
PTCT
$5.68B
| $3.75M | ﹤0.01% |
80,256
+3,923
| +5% | +$193K |
|
|
HBMD
2547
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $3.75M | ﹤0.01% |
417,235
-1,016
| -0.2% | -$9.87K |
|
2548
Minerva Neurosciences
NERV
$185M
| $3.75M | ﹤0.01% |
147,223
-15,040
| -9% | -$407K |
|
|
PRGX
2549
DELISTED
PRGX Global, Inc.
PRGX
| $3.73M | ﹤0.01% |
783,967
+171
| +0% | +$865 |
|
|
FARM
2550
DELISTED
Farmer Brothers
FARM
| $3.73M | ﹤0.01% |
842,668
-95,958
| -10% | -$569K |
|
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.