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 | |
|---|---|---|---|---|---|---|
2651
First Bank
FRBA
$464M
| $2.77M | ﹤0.01% |
446,768
+3,438
| +0.8% | +$22.9K |
|
2652
Madison Square Garden
MSGS
$9.48B
| $2.76M | ﹤0.01% |
18,327
+6,914
| +61% | +$1.09M |
|
|
ORAN
2653
DELISTED
Orange
ORAN
| $2.75M | ﹤0.01% |
265,182
-36,683
| -12% | -$424K |
|
2654
Comscore
SCOR
$106M
| $2.74M | ﹤0.01% |
67,235
+1,883
| +3% | +$105K |
|
2655
NI Holdings
NODK
$310M
| $2.74M | ﹤0.01% |
162,169
+3,933
| +2% | +$63.3K |
|
2656
Peloton Interactive
PTON
$2.77B
| $2.72M | ﹤0.01% |
27,416
+21,567
| +369% | +$1.59M |
|
2657
Build-A-Bear
BBW
$425M
| $2.72M | ﹤0.01% |
1,087,539
-39,349
| -3% | -$99.8K |
|
2658
Comp X International
CIX
$349M
| $2.7M | ﹤0.01% |
180,383
+2,358
| +1% | +$32.8K |
|
2659
Ascent Industries
ACNT
$140M
| $2.69M | ﹤0.01% |
487,295
-1,473
| -0.3% | -$9.98K |
|
2660
inTEST
INTT
$155M
| $2.67M | ﹤0.01% |
593,469
-26,713
| -4% | -$118K |
|
|
FCCY
2661
DELISTED
1st Constitution Bancorp
FCCY
| $2.67M | ﹤0.01% |
224,121
| – | – |
|
|
PLYM
2662
DELISTED
Plymouth Industrial REIT
PLYM
| $2.66M | ﹤0.01% |
212,479
+85,701
| +68% | +$1.12M |
|
2663
Biglari Holdings Class A
BH.A
$1.25B
| $2.65M | ﹤0.01% |
5,442
-139
| -2% | -$58.7K |
|
|
CCRD
2664
DELISTED
CoreCard
CCRD
| $2.65M | ﹤0.01% |
67,879
-4,994
| -7% | -$174K |
|
2665
Hawthorn Bancshares
HWBK
$269M
| $2.62M | ﹤0.01% |
155,534
-697
| -0.4% | -$11.3K |
|
|
TRHC
2666
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.61M | ﹤0.01% |
64,063
+20,329
| +46% | +$1.01M |
|
2667
Gaotu Techedu
GOTU
$434M
| $2.61M | ﹤0.01% |
+28,959
| New | +$2.58M |
|
|
CAJ
2668
DELISTED
Canon, Inc.
CAJ
| $2.6M | ﹤0.01% |
156,679
+512
| +0.3% | +$9.08K |
|
2669
Quaker Houghton
KWR
$2.76B
| $2.6M | ﹤0.01% |
14,447
+819
| +6% | +$157K |
|
2670
ENI
E
$80.5B
| $2.59M | ﹤0.01% |
166,422
-59,360
| -26% | -$1.1M |
|
2671
Spero Therapeutics
SPRO
$67.7M
| $2.58M | ﹤0.01% |
231,009
+16,854
| +8% | +$199K |
|
|
PZN
2672
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $2.57M | ﹤0.01% |
479,242
-1,000
| -0.2% | -$5.23K |
|
2673
Cumberland Pharmaceuticals
CPIX
$100M
| $2.56M | ﹤0.01% |
798,954
-31,733
| -4% | -$104K |
|
2674
Bridgewater Bancshares
BWB
$571M
| $2.56M | ﹤0.01% |
269,457
+8,583
| +3% | +$82.1K |
|
|
QADB
2675
DELISTED
QAD Inc. Class B
QADB
| $2.56M | ﹤0.01% |
76,746
| – | – |
|
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.