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 | |
|---|---|---|---|---|---|---|
2526
First United
FUNC
$294M
| $4.98M | ﹤0.01% |
321,451
+933
| +0.3% | +$13.4K |
|
|
SNCR
2527
DELISTED
Synchronoss Technologies
SNCR
| $4.98M | ﹤0.01% |
117,788
-2,686
| -2% | -$77.7K |
|
2528
Reading International Class A
RDI
$33.2M
| $4.97M | ﹤0.01% |
990,760
-126,011
| -11% | -$440K |
|
|
HBMD
2529
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $4.96M | ﹤0.01% |
419,635
+2,400
| +0.6% | +$26.9K |
|
2530
Adaptive Biotechnologies
ADPT
$3.6B
| $4.96M | ﹤0.01% |
83,791
+70,091
| +512% | +$3.61M |
|
2531
Acme United Corp
ACU
$227M
| $4.95M | ﹤0.01% |
164,261
-3,591
| -2% | -$103K |
|
2532
TransAlta
TAC
$4.03B
| $4.93M | ﹤0.01% |
650,216
| – | – |
|
2533
Telefônica Brasil
VIV
$21B
| $4.93M | ﹤0.01% |
557,061
+2,800
| +0.5% | +$23K |
|
2534
Consolidated Water Co
CWCO
$484M
| $4.93M | ﹤0.01% |
408,932
-9,534
| -2% | -$106K |
|
|
RLH
2535
DELISTED
Red Lions Hotel Corporation
RLH
| $4.91M | ﹤0.01% |
1,419,698
-162,054
| -10% | -$364K |
|
2536
Akebia Therapeutics
AKBA
$341M
| $4.89M | ﹤0.01% |
1,747,304
-10,432
| -0.6% | -$30.5K |
|
|
WBK
2537
DELISTED
Westpac Banking Corporation
WBK
| $4.89M | ﹤0.01% |
328,067
+11,725
| +4% | +$164K |
|
2538
Noodles & Co
NDLS
$88.2M
| $4.88M | ﹤0.01% |
77,155
+1,304
| +2% | +$80.5K |
|
|
USAP
2539
DELISTED
Universal Stainless & Alloy
USAP
| $4.87M | ﹤0.01% |
650,888
-55,710
| -8% | -$363K |
|
|
OSB
2540
DELISTED
Norbord Inc.
OSB
| $4.87M | ﹤0.01% |
112,698
+11,538
| +11% | +$422K |
|
2541
Spero Therapeutics
SPRO
$69.5M
| $4.85M | ﹤0.01% |
250,197
+19,188
| +8% | +$299K |
|
|
MRSN
2542
DELISTED
Mersana Therapeutics
MRSN
| $4.84M | ﹤0.01% |
7,282
-527
| -7% | -$293K |
|
|
TNAV
2543
DELISTED
Telenav Inc.
TNAV
| $4.82M | ﹤0.01% |
1,025,608
-105,462
| -9% | -$475K |
|
|
RJET
2544
Republic Airways Holdings
RJET
$863M
| $4.81M | ﹤0.01% |
47,965
+3,021
| +7% | +$225K |
|
2545
Transocean
RIG
$5.52B
| $4.81M | ﹤0.01% |
2,083,951
-1,565,236
| -43% | -$2.3M |
|
2546
Nomura Holdings
NMR
$28.1B
| $4.81M | ﹤0.01% |
901,642
+14,770
| +2% | +$73.1K |
|
2547
Arvinas
ARVN
$529M
| $4.8M | ﹤0.01% |
56,594
-7,744
| -12% | -$267K |
|
|
OLP
2548
One Liberty Properties
OLP
$547M
| $4.8M | ﹤0.01% |
239,075
+3,040
| +1% | +$54.5K |
|
2549
Tradeweb Markets
TW
$22.2B
| $4.79M | ﹤0.01% |
76,770
+26,886
| +54% | +$1.63M |
|
2550
Tenaris
TS
$28.1B
| $4.74M | ﹤0.01% |
297,378
+256,009
| +619% | +$3.41M |
|
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.