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 |
AbbVie
ABBV
|
+$214M |
| 2 |
Verizon
VZ
|
+$148M |
| 3 |
Otis Worldwide
OTIS
|
+$142M |
| 4 |
Baidu
BIDU
|
+$124M |
| 5 |
Alibaba
BABA
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$324M |
| 2 |
Amazon
AMZN
|
+$313M |
| 3 |
Bank of America
BAC
|
+$264M |
| 4 |
AGN
Allergan plc
AGN
|
+$259M |
| 5 |
Wells Fargo
WFC
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.39% |
| 2 | Financials | 16.29% |
| 3 | Industrials | 12.76% |
| 4 | Healthcare | 11.61% |
| 5 | Consumer Discretionary | 11.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2651
Cumberland Pharmaceuticals
CPIX
$99.8M
| $2.77M | ﹤0.01% |
830,687
-21,935
| -3% | -$79.8K |
|
|
UBFO
2652
DELISTED
United Security Bancshares
UBFO
| $2.77M | ﹤0.01% |
413,470
-14,789
| -3% | -$92.8K |
|
|
CPLG
2653
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $2.75M | ﹤0.01% |
654,343
-23,821
| -4% | -$93.1K |
|
2654
McCormick & Company Voting
MKC.V
$13.9B
| $2.75M | ﹤0.01% |
30,988
+80
| +0.3% | +$6.61K |
|
2655
Halozyme
HALO
$9.88B
| $2.74M | ﹤0.01% |
102,313
+72
| +0.1% | +$1.62K |
|
2656
Hawthorn Bancshares
HWBK
$267M
| $2.73M | ﹤0.01% |
156,231
-19
| -0% | -$299 |
|
|
HLG
2657
DELISTED
Hailiang Education Group Inc. American Depositary Shares
HLG
| $2.72M | ﹤0.01% |
65,678
-339
| -0.5% | -$15.4K |
|
|
LUB
2658
DELISTED
Luby's Inc.
LUB
| $2.72M | ﹤0.01% |
1,873,197
-262,513
| -12% | -$262K |
|
|
HIL
2659
DELISTED
Hill International, Inc. Common Stock
HIL
| $2.7M | ﹤0.01% |
1,775,651
-136,282
| -7% | -$229K |
|
|
SUP
2660
DELISTED
Superior Industries International
SUP
| $2.7M | ﹤0.01% |
1,587,063
-448,931
| -22% | -$643K |
|
2661
BayCom
BCML
$335M
| $2.69M | ﹤0.01% |
208,605
+7,088
| +4% | +$87.6K |
|
2662
Camping World
CWH
$384M
| $2.68M | ﹤0.01% |
98,759
+12,113
| +14% | +$195K |
|
|
PARAA
2663
DELISTED
Paramount Global Class A
PARAA
| $2.68M | ﹤0.01% |
104,736
-2,240
| -2% | -$50K |
|
|
VLRS
2664
Controladora Vuela Compania de Aviacion
VLRS
$869M
| $2.68M | ﹤0.01% |
507,490
-174,104
| -26% | -$822K |
|
|
LEAF
2665
DELISTED
Leaf Group Ltd.
LEAF
| $2.68M | ﹤0.01% |
730,332
-119,062
| -14% | -$247K |
|
2666
Bridgewater Bancshares
BWB
$580M
| $2.67M | ﹤0.01% |
260,874
+44,106
| +20% | +$427K |
|
|
IEC
2667
DELISTED
IEC Electronics Corp.
IEC
| $2.67M | ﹤0.01% |
277,061
| – | – |
|
2668
ImmunityBio
IBRX
$7.15B
| $2.66M | ﹤0.01% |
216,803
+2,460
| +1% | +$13.9K |
|
2669
SIGA Technologies
SIGA
$240M
| $2.65M | ﹤0.01% |
449,122
+53,087
| +13% | +$303K |
|
2670
InfuSystem Holdings
INFU
$197M
| $2.65M | ﹤0.01% |
229,478
+10,068
| +5% | +$116K |
|
|
PBIP
2671
DELISTED
Prudential Bancorp, Inc.
PBIP
| $2.64M | ﹤0.01% |
219,263
+3,117
| +1% | +$37.1K |
|
|
CATC
2672
DELISTED
CAMBRIDGE BANCORP
CATC
| $2.63M | ﹤0.01% |
44,396
+16,334
| +58% | +$860K |
|
|
PZN
2673
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $2.61M | ﹤0.01% |
480,242
-13,476
| -3% | -$62.9K |
|
2674
Marchex
MCHX
$78M
| $2.61M | ﹤0.01% |
1,649,296
-201,804
| -11% | -$305K |
|
2675
Ring Energy
REI
$307M
| $2.6M | ﹤0.01% |
2,243,823
-1,738,715
| -44% | -$1.7M |
|
Similar funds
Dimensional Fund Advisors's Q2 2020 Portfolio in Review
As of Q2 2020, Dimensional Fund Advisors held 3,428 positions worth $228B, up 19% from $192B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Trading was light in Q2 2020: portfolio turnover was 4.2%. Dimensional Fund Advisors opened 54 new positions and exited 89, leaving the 3,428-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Industrials.
- Dimensional Fund Advisors's largest Q2 2020 buy was Otis Worldwide: 2,746,401 shares worth $156M.
- Dimensional Fund Advisors added most to AbbVie in Q2 2020, an estimated $214M increase.
- Dimensional Fund Advisors's biggest Q2 2020 reduction was Apple, cutting an estimated $324M.
- Dimensional Fund Advisors fully exited Allergan plc in Q2 2020, selling an estimated $259M.
- Dimensional Fund Advisors's ten largest holdings make up 12% of its $228B portfolio in Q2 2020.
- Dimensional Fund Advisors opened 54 new positions and closed 89 in Q2 2020.
- Dimensional Fund Advisors's portfolio value rose 19% quarter-over-quarter to $228B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2020, filed 13 Aug 2020.