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 | |
|---|---|---|---|---|---|---|
2601
IAMGOLD
IAG
$8.24B
| $3.98M | ﹤0.01% |
1,085,891
-26,700
| -2% | -$98K |
|
|
CURO
2602
DELISTED
CURO Group Holdings Corp.
CURO
| $3.97M | ﹤0.01% |
277,262
+17,794
| +7% | +$164K |
|
2603
Liberty Global Class A
LBTYA
$3.49B
| $3.96M | ﹤0.01% |
163,667
| – | – |
|
2604
Bridgford Foods
BRID
$58.6M
| $3.94M | ﹤0.01% |
216,495
-2,060
| -0.9% | -$38.1K |
|
|
KALV
2605
DELISTED
KalVista Pharmaceuticals
KALV
| $3.92M | ﹤0.01% |
206,517
+10,336
| +5% | +$177K |
|
2606
Standard BioTools
LAB
$311M
| $3.91M | ﹤0.01% |
652,199
+126,111
| +24% | +$829K |
|
2607
Compañía de Cervecerías Unidas
CCU
$2.2B
| $3.9M | ﹤0.01% |
264,686
-28,161
| -10% | -$383K |
|
2608
Compañía de Minas Buenaventura
BVN
$7.72B
| $3.89M | ﹤0.01% |
318,982
-27,242
| -8% | -$332K |
|
|
VNTR
2609
DELISTED
Venator Materials PLC
VNTR
| $3.89M | ﹤0.01% |
1,174,807
-60,236
| -5% | -$144K |
|
|
NVRO
2610
DELISTED
NEVRO CORP.
NVRO
| $3.89M | ﹤0.01% |
22,454
+2,019
| +10% | +$327K |
|
|
MGI
2611
DELISTED
MoneyGram International, Inc. New
MGI
| $3.88M | ﹤0.01% |
709,466
+104,200
| +17% | +$585K |
|
|
LORL
2612
DELISTED
Loral Space and Communications, Inc.
LORL
| $3.87M | ﹤0.01% |
184,260
+14,516
| +9% | +$294K |
|
2613
HealthEquity
HQY
$8.46B
| $3.87M | ﹤0.01% |
55,450
-2,195
| -4% | -$137K |
|
|
AGTC
2614
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $3.86M | ﹤0.01% |
943,381
-2,797
| -0.3% | -$13.7K |
|
|
IEC
2615
DELISTED
IEC Electronics Corp.
IEC
| $3.83M | ﹤0.01% |
282,916
+2,555
| +0.9% | +$25.9K |
|
2616
SoundThinking
SSTI
$110M
| $3.83M | ﹤0.01% |
101,656
+4,363
| +4% | +$143K |
|
2617
Richardson Electronics
RELL
$274M
| $3.83M | ﹤0.01% |
812,544
-7,306
| -0.9% | -$32.7K |
|
2618
Friedman Industries
FRD
$264M
| $3.79M | ﹤0.01% |
552,932
-15,664
| -3% | -$97.3K |
|
|
MACK
2619
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $3.79M | ﹤0.01% |
550,539
-16,646
| -3% | -$82.1K |
|
|
CATC
2620
DELISTED
CAMBRIDGE BANCORP
CATC
| $3.78M | ﹤0.01% |
54,217
+6,622
| +14% | +$442K |
|
2621
Mastech Digital
MHH
$93.7M
| $3.77M | ﹤0.01% |
237,003
-19,256
| -8% | -$348K |
|
2622
FerroAtlántica
GSM
$628M
| $3.76M | ﹤0.01% |
2,291,959
-540,317
| -19% | -$568K |
|
|
USX
2623
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $3.75M | ﹤0.01% |
548,066
+16,783
| +3% | +$131K |
|
2624
Northern Technologies International Corp
NTIC
$76.4M
| $3.74M | ﹤0.01% |
353,925
-7,006
| -2% | -$64K |
|
|
ERF
2625
DELISTED
Enerplus Corporation
ERF
| $3.73M | ﹤0.01% |
1,191,860
-690,565
| -37% | -$1.68M |
|
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.